Baillie Gifford, Jumia’s largest institutional investor, holds stakes in some of the world’s major tech giants

Key takeaways

  • Mercado Libre leads with $8.5B, making it Baillie Gifford’s most valuable tech holding after its Jumia exit.
  • Amazon ($6.2B) and NVIDIA ($6.8B) remain major anchors in the portfolio, highlighting confidence in cloud, AI, and e-commerce.
  • The "Others" category holds the largest share ($75B), showing how Baillie Gifford’s exposure is spread widely beyond the major names.
  • Even post-Jumia, the portfolio is deeply rooted in innovation, with stakes in Spotify, Cloudflare, Moderna, and Shopify; covering audio streaming, cybersecurity, biotech, and e-commerce platforms.

Following its strategic exit from Jumia, Baillie Gifford’s refined tech portfolio reveals a strong focus on global innovation leaders. The standout holding is Mercado Libre, commanding $8.5 billion, a clear nod to Latin America’s fast-growing e-commerce market. NVIDIA and Amazon follow closely at $6.8B and $6.2B respectively, cementing Baillie Gifford’s confidence in AI hardware and global retail infrastructure.

The rest of the lineup reflects a balanced bet across future-defining sectors. Pinduoduo and Shopify showcase the firm’s interest in evolving online commerce, while Moderna and Cloudflare indicate its belief in biotech and internet infrastructure. Spotify and The Trade Desk further round out a focus on digital experience and programmatic advertising, with Tesla's $4.6B stake maintaining exposure to clean energy and mobility.

Yet, the most telling figure lies in the “Others”, a $75 billion block that underscores how vast and diversified Baillie Gifford’s overall portfolio truly is. These top names, while headline-worthy, are only a part of its global tech footprint.

Source:

Baillie Gifford

Period:

May 2025
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