私募排排网·2026-02-10 10:30Core Insights - Baillie Gifford, a century-old UK asset management giant, has disclosed its latest US stock holdings report, showcasing its successful investment strategy in growth stocks like Tesla, Nvidia, Google, Amazon, and Alibaba [2] - The flagship product, Scottish Mortgage Investment Trust (SMT), has achieved a total return of 13.64 times from 2004 to 2024, with an annualized return rate of approximately 13.88%, significantly outperforming the S&P 500 (6.98%), Nasdaq (10.87%), and Berkshire Hathaway (10.02%) [2] Holdings Overview - As of the end of Q4 2025, Baillie Gifford's total holdings are valued at approximately $120.34 billion, a decrease of 10.86% from Q3's $134.99 billion [3] - The top twenty holdings account for about $74.09 billion, representing over 60% of the total portfolio [3] - Nvidia is the largest holding with approximately 43.87 million shares valued at $8.18 billion, making up 6.80% of the portfolio [4] Adjustments in Holdings - In Q4, Baillie Gifford reduced its positions in key tech stocks: Nvidia by 5.76%, Amazon by 7.18%, and Microsoft by 5.39% [5] - Conversely, the firm significantly increased its stake in Google, with an increase of 166%, while Google-A shares rose over 28% in Q4 [5]