# EDGAR Filing Document

**Accession Number:** 0001120543
**File Stem:** 0001752724-23-036638
**Filing Date:** 2023-2
**Character Count:** 23658
**Document Hash:** b3029ec8e194074349b1e8f167153620
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-036638.hdr.sgml**: 20230223

**ACCESSION NUMBER**: 0001752724-23-036638

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221230

**FILED AS OF DATE**: 20230223

**DATE AS OF CHANGE**: 20230223

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BAILLIE GIFFORD FUNDS
- **CENTRAL INDEX KEY:** 0001120543
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-10145
- **FILM NUMBER:** 23658203

**BUSINESS ADDRESS:**
- **STREET 1:** CALTON SQUARE, 1 GREENSIDE ROW
- **STREET 2:** EDINBURGH SCOTLAND
- **CITY:** EH1 3AN
- **STATE:** X0
- **ZIP:** 00000
- **BUSINESS PHONE:** 0144131222

**MAIL ADDRESS:**
- **STREET 1:** CALTON SQUARE, 1 GREENSIDE ROW
- **STREET 2:** EDINBURGH SCOTLAND
- **CITY:** EH1 3AN
- **STATE:** X0
- **ZIP:** 00000

## Series and Classes Contracts Data

### Baillie Gifford Developed EAFE All Cap Fund (Series ID: S000042130)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000130829 | Class 2             | BGPTX           |
| C000130830 | Class 3             | BGPFX           |
| C000186038 | Institutional Class | BSGPX           |
| C000186039 | Class K             | BGPKX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Baillie Gifford Funds

- **b. Investment Company Act file number:** 811-10145

- **c. CIK number of Registrant:** 0001120543

- **d. LEI of Registrant:** 213800T287IYS8QHPC42

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** CALTON SQUARE, ONE GREENSIDE ROW

  - **City:** EDINBURGH

  - **Zip / Postal Code:** EH1 3AN

  - **Telephone number:** 011-44-131-275-2000

**Item A.2. Information about the Series.**

- **a. Name of Series:** Baillie Gifford Developed EAFE All Cap Fund

- **b. EDGAR series identifier (if any):** S000042130

- **c. LEI of Series:** 21380096GE2NRSSTHW38

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $566190305.76

**Total Liabilities:** $1241585.28

**Net Assets:** $564948720.48

**Cash Not Reported:** $5661601.77

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000186039 | 4.65%                | 15.33%               | -3.90%               |
| Class ID C000130829 | 4.61%                | 15.40%               | -3.95%               |
| Class ID C000186038 | 4.56%                | 15.47%               | -3.99%               |
| Class ID C000130830 | 4.61%                | 15.40%               | -3.94%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1796411.33             | $25512802.25                               |
| Month 2  | $3980861.26              | $79173437.11                               |
| Month 3  | $-4280488.81             | $-19789794.85                              |

### Schedule of Portfolio Investments

| Name                           | Title                               | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Mettler-Toledo International I | Mettler-Toledo International Inc    | CUSIP: 592688105<br>LEI: 5493000BD5GJNUDIUG10 | Long             | EC               | CORP              | US        |     10650 | NS      | $15394042.50  | 2.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Olympus Corp                   | Olympus Corp                        | CUSIP: 000000000<br>LEI: 5299000Y52IFDI1I2A21 | Long             | EC               | CORP              | JP        |    867800 | NS      | $15305900.23  | 2.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Weir Group PLC/The             | Weir Group PLC/The                  | CUSIP: 000000000<br>LEI: 549300KDR56WHY9I3D10 | Long             | EC               | CORP              | GB        |    414888 | NS      | $8345238.27   | 1.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Sysmex Corp                    | Sysmex Corp                         | CUSIP: 000000000<br>LEI: 5299001ZO4CKWACMZI55 | Long             | EC               | CORP              | JP        |    126000 | NS      | $7606695.98   | 1.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Pigeon Corp                    | Pigeon Corp                         | CUSIP: 000000000<br>LEI: 2549006T3HT0TI9IRV62 | Long             | EC               | CORP              | JP        |    192700 | NS      | $3158132.85   | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Experian PLC                   | Experian PLC                        | CUSIP: 000000000<br>LEI: 635400RXXHHYT1JTSZ26 | Long             | EC               | CORP              | IE        |    277252 | NS      | $9390063.70   | 1.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Rightmove PLC                  | Rightmove PLC                       | CUSIP: 000000000<br>LEI: 2138001JXGCFKBXYB828 | Long             | EC               | CORP              | GB        |   1747732 | NS      | $10812239.41  | 1.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Investor AB                    | Investor AB                         | CUSIP: 000000000<br>LEI: 549300VEBQPHRZBKUX38 | Long             | EC               | CORP              | SE        |    557728 | NS      | $10095410.91  | 1.79%             |  |  |  | No            |                  2 | On Loan: No      |
| Hargreaves Lansdown PLC        | Hargreaves Lansdown PLC             | CUSIP: 000000000<br>LEI: 2138008ZCE93ZDSESG90 | Long             | EC               | CORP              | GB        |    751331 | NS      | $7737175.24   | 1.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Anheuser-Busch InBev SA/NV     | Anheuser-Busch InBev SA/NV          | CUSIP: 000000000<br>LEI: 5493008H3828EMEXB082 | Long             | EC               | CORP              | BE        |    138052 | NS      | $8315005.65   | 1.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Avanza Bank Holding AB         | Avanza Bank Holding AB              | CUSIP: 000000000<br>LEI: 549300MBWR5H8SIJLE03 | Long             | EC               | CORP              | SE        |    607747 | NS      | $13041980.26  | 2.31%             |  |  |  | No            |                  2 | On Loan: No      |
| DSV A/S                        | DSV A/S                             | CUSIP: 000000000<br>LEI: 529900X41C0BSLK67H70 | Long             | EC               | CORP              | DK        |     26146 | NS      | $4134655.21   | 0.73%             |  |  |  | No            |                  2 | On Loan: No      |
| Spotify Technology SA          | Spotify Technology SA               | CUSIP: 000000000<br>LEI: 549300B4X0JHWV0DTD60 | Long             | EC               | CORP              | SE        |     64034 | NS      | $5055484.30   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Nidec Corp                     | Nidec Corp                          | CUSIP: 000000000<br>LEI: 353800IF171MZTNL6Y31 | Long             | EC               | CORP              | JP        |    128900 | NS      | $6633084.41   | 1.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Nemetschek SE                  | Nemetschek SE                       | CUSIP: 000000000<br>LEI: 529900R0S2IX1S358J38 | Long             | EC               | CORP              | DE        |     85504 | NS      | $4371507.90   | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Atlas Copco AB                 | Atlas Copco AB                      | CUSIP: 000000000<br>LEI: 213800T8PC8Q4FYJZR07 | Long             | EC               | CORP              | SE        |   1558939 | NS      | $18470930.50  | 3.27%             |  |  |  | No            |                  2 | On Loan: No      |
| AIA Group Ltd                  | AIA Group Ltd                       | CUSIP: 000000000<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | EC               | CORP              | HK        |   1592000 | NS      | $17581079.43  | 3.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Auto Trader Group PLC          | Auto Trader Group PLC               | CUSIP: 000000000<br>LEI: 213800QLK9BZILB1DI86 | Long             | EC               | CORP              | GB        |   2012367 | NS      | $12531722.98  | 2.22%             |  |  |  | No            |                  2 | On Loan: No      |
| SMC Corp                       | SMC Corp                            | CUSIP: 000000000<br>LEI: 353800O40V08DOZ70X62 | Long             | EC               | CORP              | JP        |     32100 | NS      | $13403477.39  | 2.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Kering SA                      | Kering SA                           | CUSIP: 000000000<br>LEI: 549300VGEJKB7SVUZR78 | Long             | EC               | CORP              | FR        |     15622 | NS      | $7950471.94   | 1.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Remy Cointreau SA              | Remy Cointreau SA                   | CUSIP: 000000000<br>LEI: 5493004V6A3Z027YT216 | Long             | EC               | CORP              | FR        |     72524 | NS      | $12228533.39  | 2.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Murata Manufacturing Co Ltd    | Murata Manufacturing Co Ltd         | CUSIP: 000000000<br>LEI: 529900QZG6DL8ZRI7140 | Long             | EC               | CORP              | JP        |    155900 | NS      | $7688238.25   | 1.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Wise PLC                       | Wise PLC                            | CUSIP: 000000000<br>LEI: 213800LD9XCHIC1C4V71 | Long             | EC               | CORP              | GB        |    779766 | NS      | $5282748.21   | 0.94%             |  |  |  | No            |                  2 | On Loan: No      |
| Xero Ltd                       | Xero Ltd                            | CUSIP: 000000000<br>LEI: 254900UG5D8YST164N14 | Long             | EC               | CORP              | NZ        |    127951 | NS      | $6101197.94   | 1.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Keyence Corp                   | Keyence Corp                        | CUSIP: 000000000<br>LEI: 529900M7PQBS7A89DZ11 | Long             | EC               | CORP              | JP        |     20500 | NS      | $7959018.04   | 1.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Prosus NV                      | Prosus NV                           | CUSIP: 000000000<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | EC               | CORP              | NL        |    109953 | NS      | $7591534.01   | 1.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Zalando SE                     | Zalando SE                          | CUSIP: 000000000<br>LEI: 529900YRFFGH5AXU4S86 | Long             | EC               | CORP              | DE        |    307026 | NS      | $10808795.86  | 1.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Epiroc AB                      | Epiroc AB                           | CUSIP: 000000000<br>LEI: 5493004Q73OEYW1SPE91 | Long             | EC               | CORP              | SE        |    409874 | NS      | $6593724.62   | 1.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Hoshizaki Corp                 | Hoshizaki Corp                      | CUSIP: 000000000<br>LEI: 5299001QAMLGU3SRBG20 | Long             | EC               | CORP              | JP        |    123900 | NS      | $4356576.03   | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Suzuki Motor Corp              | Suzuki Motor Corp                   | CUSIP: 000000000<br>LEI: 353800D83H0V3ZV1SV24 | Long             | EC               | CORP              | JP        |    217300 | NS      | $6959542.80   | 1.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Trainline PLC                  | Trainline PLC                       | CUSIP: 000000000<br>LEI: 213800HO26VXTFJ4MO71 | Long             | EC               | CORP              | GB        |   1319723 | NS      | $4381185.67   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| LVMH Moet Hennessy Louis Vuitt | LVMH Moet Hennessy Louis Vuitton SE | CUSIP: 000000000<br>LEI: IOG4E947OATN0KJYSD45 | Long             | EC               | CORP              | FR        |     20849 | NS      | $15171677.18  | 2.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Cochlear Ltd                   | Cochlear Ltd                        | CUSIP: 000000000<br>LEI: 5493001OLLWY8KV5UC08 | Long             | EC               | CORP              | AU        |     95122 | NS      | $13137054.45  | 2.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Ashtead Group PLC              | Ashtead Group PLC                   | CUSIP: 000000000<br>LEI: 2138007UTBN8X9K1A235 | Long             | EC               | CORP              | GB        |     88918 | NS      | $5050968.51   | 0.89%             |  |  |  | No            |                  2 | On Loan: No      |
| EXOR NV                        | EXOR NV                             | CUSIP: 000000000<br>LEI: 5493002ENHZ6NYET7405 | Long             | EC               | CORP              | NL        |    101601 | NS      | $7438650.14   | 1.32%             |  |  |  | No            |                  2 | On Loan: No      |
| SoftBank Group Corp            | SoftBank Group Corp                 | CUSIP: 000000000<br>LEI: 5493003BZYYYCDIO0R13 | Long             | EC               | CORP              | JP        |    178700 | NS      | $7557752.66   | 1.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Adyen NV                       | Adyen NV                            | CUSIP: 000000000<br>LEI: 724500973ODKK3IFQ447 | Long             | EC               | CORP              | NL        |      7306 | NS      | $10142553.59  | 1.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Sartorius AG                   | Sartorius AG                        | CUSIP: 000000000<br>LEI: 529900EQV2DY4FOAMU38 | Long             | EP               | CORP              | DE        |     37416 | NS      | $14774680.94  | 2.62%             |  |  |  | No            |                  2 | On Loan: No      |
| adidas AG                      | adidas AG                           | CUSIP: 000000000<br>LEI: 549300JSX0Z4CW0V5023 | Long             | EC               | CORP              | DE        |     33060 | NS      | $4480503.95   | 0.79%             |  |  |  | No            |                  2 | On Loan: No      |
| Nibe Industrier AB             | Nibe Industrier AB                  | CUSIP: 000000000<br>LEI: 549300ZQH0FIF1P0MX67 | Long             | EC               | CORP              | SE        |    310509 | NS      | $2898223.19   | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| ASML Holding NV                | ASML Holding NV                     | CUSIP: 000000000<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |     30879 | NS      | $16836839.93  | 2.98%             |  |  |  | No            |                  2 | On Loan: No      |
| Sugi Holdings Co Ltd           | Sugi Holdings Co Ltd                | CUSIP: 000000000<br>LEI: 529900N86BFWB1FADG87 | Long             | EC               | CORP              | JP        |     63100 | NS      | $2806319.19   | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Farfetch Ltd                   | Farfetch Ltd                        | CUSIP: 30744W107<br>LEI: 549300QFQ74Z0F96NS78 | Long             | EC               | CORP              | GB        |    470552 | NS      | $2225710.96   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Ubisoft Entertainment SA       | Ubisoft Entertainment SA            | CUSIP: 000000000<br>LEI: 969500I7C8V1LBIMSM05 | Long             | EC               | CORP              | FR        |    137434 | NS      | $3882627.13   | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Unicharm Corp                  | Unicharm Corp                       | CUSIP: 000000000<br>LEI: 353800UQ4BZIJTAQEG85 | Long             | EC               | CORP              | JP        |    278700 | NS      | $10670372.29  | 1.89%             |  |  |  | No            |                  2 | On Loan: No      |
| Intertek Group PLC             | Intertek Group PLC                  | CUSIP: 000000000<br>LEI: 2138003GAT25WW1RN369 | Long             | EC               | CORP              | GB        |    117452 | NS      | $5714297.25   | 1.01%             |  |  |  | No            |                  2 | On Loan: No      |
| United Overseas Bank Ltd       | United Overseas Bank Ltd            | CUSIP: 000000000<br>LEI: IO66REGK3RCBAMA8HR66 | Long             | EC               | CORP              | SG        |    992489 | NS      | $22733798.61  | 4.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Recruit Holdings Co Ltd        | Recruit Holdings Co Ltd             | CUSIP: 000000000<br>LEI: 353800R2LRSMVVC4I806 | Long             | EC               | CORP              | JP        |    205700 | NS      | $6438816.83   | 1.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Shiseido Co Ltd                | Shiseido Co Ltd                     | CUSIP: 000000000<br>LEI: 5299008QCD0YDT5OF506 | Long             | EC               | CORP              | JP        |    362100 | NS      | $17747870.77  | 3.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Burberry Group PLC             | Burberry Group PLC                  | CUSIP: 000000000<br>LEI: 213800PE1KEFCNFR1R50 | Long             | EC               | CORP              | GB        |    301626 | NS      | $7333181.33   | 1.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Techtronic Industries Co Ltd   | Techtronic Industries Co Ltd        | CUSIP: 000000000<br>LEI: 549300HZW2SBE758OK89 | Long             | EC               | CORP              | HK        |   1009500 | NS      | $11212359.86  | 1.98%             |  |  |  | No            |                  2 | On Loan: No      |
| Auto1 Group SE                 | Auto1 Group SE                      | CUSIP: 000000000<br>LEI: 391200S2LPXG5ZD5G304 | Long             | EC               | CORP              | DE        |    313692 | NS      | $2606160.55   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Z Holdings Corp                | Z Holdings Corp                     | CUSIP: 000000000<br>LEI: 52990078MD2OL792YM35 | Long             | EC               | CORP              | JP        |   1877200 | NS      | $4688337.11   | 0.83%             |  |  |  | No            |                  2 | On Loan: No      |
| IMCD NV                        | IMCD NV                             | CUSIP: 000000000<br>LEI: 724500NSJPNFJPDAUP02 | Long             | EC               | CORP              | NL        |     56017 | NS      | $8012759.88   | 1.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Ryman Healthcare Ltd           | Ryman Healthcare Ltd                | CUSIP: 000000000<br>LEI: 529900UR74KKRFG56I57 | Long             | EC               | CORP              | NZ        |    696212 | NS      | $2355829.69   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Lonza Group AG                 | Lonza Group AG                      | CUSIP: 000000000<br>LEI: 549300EFW4H2TCZ71055 | Long             | EC               | CORP              | CH        |     15316 | NS      | $7518248.41   | 1.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Denso Corp                     | Denso Corp                          | CUSIP: 000000000<br>LEI: 549300RYPA10CQM3QK38 | Long             | EC               | CORP              | JP        |    150100 | NS      | $7360877.90   | 1.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Kao Corp                       | Kao Corp                            | CUSIP: 000000000<br>LEI: 353800HM38HFCB8RGL63 | Long             | EC               | CORP              | JP        |    137700 | NS      | $5466752.23   | 0.97%             |  |  |  | No            |                  2 | On Loan: No      |
| Games Workshop Group PLC       | Games Workshop Group PLC            | CUSIP: 000000000<br>LEI: 213800RP9QJQYGWHNT41 | Long             | EC               | CORP              | GB        |     76119 | NS      | $7857278.41   | 1.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Cie Financiere Richemont SA    | Cie Financiere Richemont SA         | CUSIP: 000000000<br>LEI: 549300YIPGJ6UX2QPS51 | Long             | EC               | CORP              | CH        |    160326 | NS      | $20787863.09  | 3.68%             |  |  |  | No            |                  2 | On Loan: No      |
| Jeronimo Martins SGPS SA       | Jeronimo Martins SGPS SA            | CUSIP: 000000000<br>LEI: 259400A8SZP10GB5IB19 | Long             | EC               | CORP              | PT        |    629596 | NS      | $13621624.76  | 2.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Shimano Inc                    | Shimano Inc                         | CUSIP: 000000000<br>LEI: 529900L32YT3P9DECR10 | Long             | EC               | CORP              | JP        |     70300 | NS      | $11108728.31  | 1.97%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-22

**Name of Applicant:** Baillie Gifford Funds

**Signature:** Lindsay Cockburn

**Name of Signer:** Lindsay Cockburn

**Title:** Treasurer