Baillie Gifford
Baillie Gifford Global Durable Growth
Global Large-cap Growth
Jun 2026 → Sep 2026
Our archive holds 3 letters from this strategy, behind 3 investment theses and positions in 26 companies. Every quote below is copied verbatim from the letter it came from.
3 letters in a year · follow all of Baillie Gifford for every strategy.
Performance
as of Sep 30, 2026 · net of fees · USD · Global Durable Growth Composite (net)
- YTD+3.8%index +17.2%
- 1Y+3.8%index +17.2%
- 5Y · /yr+4.9%index +12.1%
- 10Y · /yr+9.0%index +12.9%
Index: MSCI ACWI Index
| YTD | 1Y | 5Yper year | 10Yper year | |
|---|---|---|---|---|
| Baillie Gifford Global Durable Growth | +3.8% | +3.8% | +4.9% | +9.0% |
| MSCI ACWI Index | +17.2% | +17.2% | +12.1% | +12.9% |
Calendar years
- 2025+0.8%index +17.8%
- 2024+23.9%index +32.3%
- 2023+19.6%index +21.4%
- 2022−18.2%index −20.3%
Disclaimer
These figures are copied from the manager’s latest letter, as of Sep 30, 2026. They were extracted automatically, have not been verified by HF Best Ideas and may contain errors. They cover a single share class, in the currency and fee basis stated above; other share classes and your own returns will differ. This is not investment advice, nor an offer to buy or sell any fund. Past performance does not predict future returns.
Read full disclosures →What it bought and sold
And that's why we added to Amadeus and Intuit earlier in the year.
And that's why we added to Amadeus and Intuit earlier in the year.
And that's why we sold companies including Medtronic and Zoetis this quarter.
More recently, we've added a new position, and that's American Tower.
And it's why we also added to Alphabet earlier in the year, as the debate around its AI investments intensified.
And that's why we sold companies including Medtronic and Zoetis this quarter.
This quarter, that included the addition of a second bank to the portfolio, Cullen/Frost Bankers.
We sold the position and have reinvested the proceeds elsewhere.
We sold CME after the regulatory backdrop changed in a way that we believe weakens its competitive position.
Also held
Its investment theses
- PaychexSep 2026Paychex provides mission-critical payroll and HR software to SMBs, with strong revenue and earnings growth, high cash conversion, and AI-driven product improvement.
- MediaTekJun 2026MediaTek is a semiconductor company with a nascent custom AI chip business that is now expected to scale rapidly through Google TPU exposure.
- Cullen/Frost Bankers, Inc.Jun 2026Cullen/Frost Bankers is a relationship-led Texan bank with a strong deposit franchise, conservative management and the ability to compound book value attractively with less downside risk.