Baillie Gifford acquired 4.26M Ferrari N.V. shares worth $2.11B. That's 1.54% of their equity portfolio (17th largest holding). The investor owns 2.48% of the outstanding Ferrari N.V. stock. The first Ferrari N.V. trade was made in Q1 2016. Since then Baillie Gifford bought shares seven more times and sold shares on 30 occasions. The stake costed the investor $192M, netting the investor a gain of 994% so far.