Baillie Gifford
Baillie Gifford Global Alpha
Global
Jun 2026 → Jun 2026
Our archive holds 1 letter from this strategy, behind 5 investment theses and positions in 5 companies. Every quote below is copied verbatim from the letter it came from.
1 letter in a year — follow all of Baillie Gifford for every strategy.
Its investment theses
- Axon EnterpriseJun 2026Axon Enterprise makes TASERs and a public-safety software platform, with the investment case based on trusted data, difficult-to-replicate integration, and durable growth.
- LasertecJun 2026Lasertec makes chip inspection equipment and is valued for its virtual monopoly and hard-to-replicate customisation with major manufacturers.
- CloudflareJun 2026Cloudflare is cited as an example of a network at the cloud edge benefiting from constraints that are driving AI infrastructure innovation.
- BesiJun 2026Besi makes hybrid bonding machines and is viewed as undervalued, with dominant market share and rising demand as chip stacking becomes essential at scale.
- LindeJun 2026Linde is an industrial gas producer that out-earns competitors and compounds through acquisitions and client partnerships in a fragmented industry.