# EDGAR Filing Document

**Accession Number:** 0001120543
**File Stem:** 0001752724-23-036641
**Filing Date:** 2023-2
**Character Count:** 22290
**Document Hash:** 7758fc201c69e928e28cb8b2b8cc6049
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-036641.hdr.sgml**: 20230223

**ACCESSION NUMBER**: 0001752724-23-036641

**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:** 23658204

**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 China Equities Fund (Series ID: S000072288)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000228388 | Institutional Class | BGCBX           |
| C000228389 | Class K             | BGCDX           |

## 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 China Equities Fund

- **b. EDGAR series identifier (if any):** S000072288

- **c. LEI of Series:** 213800KECP1DXAWGUY59

**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:** $2124573.23

**Total Liabilities:** $44081.43

**Net Assets:** $2080491.80

**Cash Not Reported:** $59020.15

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000228389 | -13.04%              | 23.70%               | 4.07%                |
| Class ID C000228388 | -13.07%              | 23.97%               | 3.85%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-108596.07              | $-161067.35                                |
| Month 2  | $-187798.12              | $612727.81                                 |
| Month 3  | $-1090.28                | $80672.46                                  |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Midea Group Co Ltd             | Midea Group Co Ltd                           | CUSIP: 000000000<br>LEI: 3003003TRPHLHZD2IF61 | Long             | EC               | CORP              | CN        |      4800 | NS      | $35622.21     | 1.71%             |  |  |  | No            |                  2 | On Loan: No      |
| HASCO                          | Huayu Automotive Systems Co Ltd              | CUSIP: 000000000<br>LEI: 3003001J2BNVV78BOT83 | Long             | EC               | CORP              | CN        |      9800 | NS      | $24354.13     | 1.17%             |  |  |  | No            |                  2 | On Loan: No      |
| SINOCERA MATERIAL              | Shandong Sinocera Functional Material Co Ltd | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     10300 | NS      | $40788.96     | 1.96%             |  |  |  | No            |                  2 | On Loan: No      |
| Kingsoft Corp Ltd              | Kingsoft Corp Ltd                            | CUSIP: 000000000<br>LEI: 529900UVT35D3Q7YQY41 | Long             | EC               | CORP              | CN        |      5800 | NS      | $19221.54     | 0.92%             |  |  |  | No            |                  2 | On Loan: No      |
| KINLONG                        | Guangdong Kinlong Hardware Products Co Ltd   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      1000 | NS      | $14892.63     | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| Sinocare Inc                   | Sinocare Inc                                 | CUSIP: 000000000<br>LEI: 3003008DEKI00A51LU77 | Long             | EC               | CORP              | CN        |      3900 | NS      | $18910.25     | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Proya Cosmetics Co Ltd         | Proya Cosmetics Co Ltd                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      1540 | NS      | $37064.31     | 1.78%             |  |  |  | No            |                  2 | On Loan: No      |
| KE Holdings Inc                | KE Holdings Inc                              | CUSIP: 000000000<br>LEI: 254900RHVY072XPAZE03 | Long             | EC               | CORP              | CN        |      1567 | NS      | $7309.93      | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| SHENZHOU INTL                  | Shenzhou International Group Holdings Ltd    | CUSIP: 000000000<br>LEI: 529900B4W41TCUKJFM73 | Long             | EC               | CORP              | CN        |      2900 | NS      | $32340.39     | 1.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Glodon Co Ltd                  | Glodon Co Ltd                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      3000 | NS      | $25818.41     | 1.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Jiangsu Azure Corp             | Jiangsu Azure Corp                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      7900 | NS      | $16855.16     | 0.81%             |  |  |  | No            |                  2 | On Loan: No      |
| FUYAO GLASS                    | Fuyao Glass Industry Group Co Ltd            | CUSIP: 000000000<br>LEI: 549300AS5CSLWETN0P64 | Long             | EC               | CORP              | CN        |      5600 | NS      | $23382.69     | 1.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Yonyou                         | Yonyou Network Technology Co Ltd             | CUSIP: 000000000<br>LEI: 30030017NBX3U80ANB35 | Long             | EC               | CORP              | CN        |      8300 | NS      | $28769.98     | 1.38%             |  |  |  | No            |                  2 | On Loan: No      |
| JD.com Inc                     | JD.com Inc                                   | CUSIP: 000000000<br>LEI: 549300HVTWB0GJZ16V92 | Long             | EC               | CORP              | CN        |      3419 | NS      | $95447.00     | 4.59%             |  |  |  | No            |                  2 | On Loan: No      |
| KE Holdings Inc                | KE Holdings Inc                              | CUSIP: 482497104<br>LEI: 254900RHVY072XPAZE03 | Long             | EC               | CORP              | CN        |       289 | NS      | $4034.44      | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CTI                            | Centre Testing International Group Co Ltd    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      9500 | NS      | $30429.61     | 1.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Topchoice Medical Corp         | Topchoice Medical Corp                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      1000 | NS      | $21907.92     | 1.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Alibaba Group Holding Ltd      | Alibaba Group Holding Ltd                    | CUSIP: 000000000<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | CN        |     10900 | NS      | $119604.76    | 5.75%             |  |  |  | No            |                  2 | On Loan: No      |
| Beijing United Information Tec | Beijing United Information Technology Co Ltd | CUSIP: 000000000<br>LEI: 836800DCWW5IYKEAGS46 | Long             | EC               | CORP              | CN        |      1930 | NS      | $24501.88     | 1.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Minth Group Ltd                | Minth Group Ltd                              | CUSIP: 000000000<br>LEI: 254900B2AH0G13K9G204 | Long             | EC               | CORP              | CN        |      6000 | NS      | $16195.12     | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Ping An Bank Co Ltd            | Ping An Bank Co Ltd                          | CUSIP: 000000000<br>LEI: 549300W9MKNIVWXFM679 | Long             | EC               | CORP              | CN        |     20000 | NS      | $37752.37     | 1.81%             |  |  |  | No            |                  2 | On Loan: No      |
| PING AN                        | Ping An Insurance Group Co of China Ltd      | CUSIP: 000000000<br>LEI: 529900M9MC28JLN35U89 | Long             | EC               | CORP              | CN        |     13500 | NS      | $88691.56     | 4.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Pop Mart International Group L | Pop Mart International Group Ltd             | CUSIP: 000000000<br>LEI: 9845000A05E8F937E337 | Long             | EC               | CORP              | CN        |      4000 | NS      | $10068.28     | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Meituan                        | Meituan                                      | CUSIP: 000000000<br>LEI: 21380033K525E5JLIA77 | Long             | EC               | CORP              | CN        |      4300 | NS      | $95270.09     | 4.58%             |  |  |  | No            |                  2 | On Loan: No      |
| ENN Energy Holdings Ltd        | ENN Energy Holdings Ltd                      | CUSIP: 000000000<br>LEI: 549300V7BXPWT6WIPR03 | Long             | EC               | CORP              | CN        |      2000 | NS      | $27936.10     | 1.34%             |  |  |  | No            |                  2 | On Loan: No      |
| KINGDEE INT'L                  | Kingdee International Software Group Co Ltd  | CUSIP: 000000000<br>LEI: 529900SWRZN94C5SZO63 | Long             | EC               | CORP              | CN        |     14000 | NS      | $29709.35     | 1.43%             |  |  |  | No            |                  2 | On Loan: No      |
| MEGMEET                        | Shenzhen Megmeet Electrical Co Ltd           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      7125 | NS      | $26570.05     | 1.28%             |  |  |  | No            |                  2 | On Loan: No      |
| SG Micro Corp                  | SG Micro Corp                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      1590 | NS      | $39393.57     | 1.89%             |  |  |  | No            |                  2 | On Loan: No      |
| BRILLIANCE CHI                 | Brilliance China Automotive Holdings Ltd     | CUSIP: 000000000<br>LEI: 5299005WPCSQN14NBM26 | Long             | EC               | CORP              | HK        |     30000 | NS      | $16795.96     | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Li Ning Co Ltd                 | Li Ning Co Ltd                               | CUSIP: 000000000<br>LEI: 529900T77L2FV3FZ3U81 | Long             | EC               | CORP              | CN        |      7500 | NS      | $64492.54     | 3.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Tencent Holdings Ltd           | Tencent Holdings Ltd                         | CUSIP: 000000000<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | CN        |      3900 | NS      | $165361.42    | 7.95%             |  |  |  | No            |                  2 | On Loan: No      |
| SANHUA                         | Zhejiang Sanhua Intelligent Controls Co Ltd  | CUSIP: 000000000<br>LEI: 8368003UTQ4F88XERZ23 | Long             | EC               | CORP              | CN        |     13100 | NS      | $39903.33     | 1.92%             |  |  |  | No            |                  2 | On Loan: No      |
| Sungrow Power Supply Co Ltd    | Sungrow Power Supply Co Ltd                  | CUSIP: 000000000<br>LEI: 30030052IWC7RGVFG505 | Long             | EC               | CORP              | CN        |      1100 | NS      | $17650.79     | 0.85%             |  |  |  | No            |                  2 | On Loan: No      |
| Dongguan Yiheda Automation Co  | Dongguan Yiheda Automation Co Ltd            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      1600 | NS      | $15113.64     | 0.73%             |  |  |  | No            |                  2 | On Loan: No      |
| Haier Smart Home Co Ltd        | Haier Smart Home Co Ltd                      | CUSIP: 000000000<br>LEI: 3003002BYTNGNJTWSH07 | Long             | EC               | CORP              | CN        |      8800 | NS      | $29867.91     | 1.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Kweichow Moutai Co Ltd         | Kweichow Moutai Co Ltd                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |       400 | NS      | $98950.46     | 4.76%             |  |  |  | No            |                  2 | On Loan: No      |
| China Merchants Bank Co Ltd    | China Merchants Bank Co Ltd                  | CUSIP: 000000000<br>LEI: 549300MKO5B60FFIHF58 | Long             | EC               | CORP              | CN        |     12500 | NS      | $69173.21     | 3.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Zijin Mining Group Co Ltd      | Zijin Mining Group Co Ltd                    | CUSIP: 000000000<br>LEI: 836800JRNL2393Z2I561 | Long             | EC               | CORP              | CN        |     28000 | NS      | $37631.78     | 1.81%             |  |  |  | No            |                  2 | On Loan: No      |
| ASYMCHEM                       | Asymchem Laboratories Tianjin Co Ltd         | CUSIP: 000000000<br>LEI: 8368002CY8G4Q85YRQ60 | Long             | EC               | CORP              | CN        |      1160 | NS      | $24653.79     | 1.18%             |  |  |  | No            |                  2 | On Loan: No      |
| NetEase Inc                    | NetEase Inc                                  | CUSIP: 000000000<br>LEI: 5299004AF4DSJDB0PA32 | Long             | EC               | CORP              | CN        |      1900 | NS      | $27557.63     | 1.32%             |  |  |  | No            |                  2 | On Loan: No      |
| SUNNY OPTICAL                  | Sunny Optical Technology Group Co Ltd        | CUSIP: 000000000<br>LEI: 3003004QIVP0DFVVWM94 | Long             | EC               | CORP              | CN        |      1600 | NS      | $18870.22     | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| BeiGene Ltd                    | BeiGene Ltd                                  | CUSIP: 000000000<br>LEI: 549300JFUK6FRD5MH739 | Long             | EC               | CORP              | US        |      2791 | NS      | $47369.34     | 2.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Pinduoduo Inc                  | Pinduoduo Inc                                | CUSIP: 722304102<br>LEI: 5493000573DS7005T657 | Long             | EC               | CORP              | CN        |       363 | NS      | $29602.65     | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| ROBAM APPLIANCES               | Hangzhou Robam Appliances Co Ltd             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      4200 | NS      | $16738.30     | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Estun Automation Co Ltd        | Estun Automation Co Ltd                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     11300 | NS      | $35183.71     | 1.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Weichai Power Co Ltd           | Weichai Power Co Ltd                         | CUSIP: 000000000<br>LEI: 529900OKTPKBG85F9502 | Long             | EC               | CORP              | CN        |     14000 | NS      | $18510.61     | 0.89%             |  |  |  | No            |                  2 | On Loan: No      |
| WuXi AppTec Co Ltd             | WuXi AppTec Co Ltd                           | CUSIP: 000000000<br>LEI: 254900OEPQLZSPLN9175 | Long             | EC               | CORP              | CN        |      1800 | NS      | $18886.52     | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| LONGi Green                    | LONGi Green Energy Technology Co Ltd         | CUSIP: 000000000<br>LEI: 300300NRGAITUP1EZ248 | Long             | EC               | CORP              | CN        |      3500 | NS      | $21193.85     | 1.02%             |  |  |  | No            |                  2 | On Loan: No      |
| INOVANCE                       | Shenzhen Inovance Technology Co Ltd          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      4700 | NS      | $46895.92     | 2.25%             |  |  |  | No            |                  2 | On Loan: No      |
| TIGERMED                       | Hangzhou Tigermed Consulting Co Ltd          | CUSIP: 000000000<br>LEI: 300300CP4N8WDF6DOO67 | Long             | EC               | CORP              | CN        |      1500 | NS      | $22539.05     | 1.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Medlive Technology Co Ltd      | Medlive Technology Co Ltd                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      8500 | NS      | $9220.31      | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Guangzhou Kingmed Diagnostics  | Guangzhou Kingmed Diagnostics Group Co Ltd   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      3400 | NS      | $38183.36     | 1.84%             |  |  |  | No            |                  2 | On Loan: No      |
| Kuaishou Technology            | Kuaishou Technology                          | CUSIP: 000000000<br>LEI: 300300FCDZBE6UP9ED24 | Long             | EC               | CORP              | CN        |      1800 | NS      | $16180.69     | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| CATL                           | Contemporary Amperex Technology Co Ltd       | CUSIP: 000000000<br>LEI: 300300KINDY1K0E9I032 | Long             | EC               | CORP              | CN        |       900 | NS      | $50713.07     | 2.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Yunnan Energy New Material     | Yunnan Energy New Material Co Ltd            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |       800 | NS      | $15081.25     | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| Geely Automobile Holdings Ltd  | Geely Automobile Holdings Ltd                | CUSIP: 000000000<br>LEI: 549300YS3T1KVQ2SNI84 | Long             | EC               | CORP              | HK        |     18000 | NS      | $26001.57     | 1.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Yifeng Pharmacy Chain Co Ltd   | Yifeng Pharmacy Chain Co Ltd                 | CUSIP: 000000000<br>LEI: 300300CZZIF44N1EZO06 | Long             | EC               | CORP              | CN        |      1800 | NS      | $16536.04     | 0.79%             |  |  |  | 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