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May 6, 2021, 11:58 a.m. EDT

Tesla holdings reduced by 40% by Baillie Gifford in the first quarter, filing shows

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By Steve Goldstein

Baillie Gifford, the Scottish fund manager that manages funds including the Edinburgh Worldwide Investment Trust /zigman2/quotes/200796174/delayed UK:EWI +0.90% and the Baillie Gifford US Growth Trust /zigman2/quotes/207051377/delayed UK:USA +1.43% , reduced its position in electric vehicle maker Tesla /zigman2/quotes/203558040/composite TSLA +1.91% by 40% during the first quarter, according to an analysis of its 13-F filing made Thursday from Whale Wisdom . Tesla still accounts for 6.06% of its portfolio, its top holding but down from 10.72% at the end of the fourth quarter. Baillie Gifford also reduced its holding in its second-highest position, Amazon /zigman2/quotes/210331248/composite AMZN +2.23% , by 7% to 5.1% of its portfolio. Of its top holdings, the biggest gain was for biotech Moderna /zigman2/quotes/205619834/composite MRNA +2.34% , where its position rose to 3.32% from 1.41%.

/zigman2/quotes/200796174/delayed
UK : U.K.: London
337.00 p
+3.00 +0.90%
Volume: 565,799
June 17, 2021 4:35p
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/zigman2/quotes/207051377/delayed
UK : U.K.: London
319.50 p
+4.50 +1.43%
Volume: 609,697
June 17, 2021 4:35p
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/zigman2/quotes/203558040/composite
US : U.S.: Nasdaq
$ 616.60
+11.55 +1.91%
Volume: 21.41M
June 17, 2021 4:00p
P/E Ratio
616.98
Dividend Yield
N/A
Market Cap
$582.69 billion
Rev. per Employee
$445,694
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/zigman2/quotes/210331248/composite
US : U.S.: Nasdaq
$ 3,489.24
+75.99 +2.23%
Volume: 4.61M
June 17, 2021 4:00p
P/E Ratio
66.44
Dividend Yield
N/A
Market Cap
$1722.39 billion
Rev. per Employee
$297,430
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/zigman2/quotes/205619834/composite
US : U.S.: Nasdaq
$ 202.47
+4.62 +2.34%
Volume: 4.48M
June 17, 2021 4:00p
P/E Ratio
161.45
Dividend Yield
N/A
Market Cap
$79.44 billion
Rev. per Employee
$617,996
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