L3VLUP
ProSign in
← D1 Capital Partners LP, its record

D1 Capital Partners LP and Baillie Gifford & Co: where the books meet

At Q2 2026, 21% of the two 13F books was the same, across 28 stocks both listed, against 23% at Q4 2018. Overlap is the smaller of each shared stock’s two weights, added up: the part of one book that could be swapped for the other’s without a trade.

Overlap by quarter
0%14%29%Q4 2018: 23%, 10 in bothQ1 2019: 8.4%, 5 in both19Q2 2019: 20%, 9 in bothQ3 2019: 26%, 10 in bothQ4 2019: 18%, 12 in bothQ1 2020: 19%, 11 in both20Q2 2020: 17%, 12 in bothQ3 2020: 7.3%, 13 in bothQ4 2020: 11%, 17 in bothQ1 2021: 13%, 17 in both21Q2 2021: 13%, 21 in bothQ3 2021: 13%, 26 in bothQ4 2021: 12%, 16 in bothQ1 2022: 8.8%, 9 in both22Q2 2022: 12%, 11 in bothQ3 2022: 15%, 18 in bothQ4 2022: 11%, 18 in bothQ1 2023: 8.5%, 16 in both23Q2 2023: 7.1%, 18 in bothQ3 2023: 8.7%, 17 in bothQ4 2023: 11%, 16 in bothQ1 2024: 14%, 17 in both24Q2 2024: 16%, 12 in bothQ3 2024: 15%, 12 in bothQ4 2024: 12%, 13 in bothQ1 2025: 7.3%, 14 in both25Q2 2025: 8.5%, 9 in bothQ3 2025: 16%, 11 in bothQ4 2025: 23%, 14 in bothQ1 2026: 29%, 20 in both26Q2 2026: 21%, 28 in both
  • Q4 2018: 23%, 10 in both
  • Q1 2019: 8.4%, 5 in both
  • Q2 2019: 20%, 9 in both
  • Q3 2019: 26%, 10 in both
  • Q4 2019: 18%, 12 in both
  • Q1 2020: 19%, 11 in both
  • Q2 2020: 17%, 12 in both
  • Q3 2020: 7.3%, 13 in both
  • Q4 2020: 11%, 17 in both
  • Q1 2021: 13%, 17 in both
  • Q2 2021: 13%, 21 in both
  • Q3 2021: 13%, 26 in both
  • Q4 2021: 12%, 16 in both
  • Q1 2022: 8.8%, 9 in both
  • Q2 2022: 12%, 11 in both
  • Q3 2022: 15%, 18 in both
  • Q4 2022: 11%, 18 in both
  • Q1 2023: 8.5%, 16 in both
  • Q2 2023: 7.1%, 18 in both
  • Q3 2023: 8.7%, 17 in both
  • Q4 2023: 11%, 16 in both
  • Q1 2024: 14%, 17 in both
  • Q2 2024: 16%, 12 in both
  • Q3 2024: 15%, 12 in both
  • Q4 2024: 12%, 13 in both
  • Q1 2025: 7.3%, 14 in both
  • Q2 2025: 8.5%, 9 in both
  • Q3 2025: 16%, 11 in both
  • Q4 2025: 23%, 14 in both
  • Q1 2026: 29%, 20 in both
  • Q2 2026: 21%, 28 in both

Only quarters both managers filed. Where either filing has more positions than are read each quarter, a stock both hold below that range is not counted, so the figure is a floor.

What the overlap is made of, Q2 2026

Stocks both listed, by the smaller of the two weights. A weight is the stock’s share of that manager’s reported book, which says how large the position is, not how strongly it is held.

StockD1 Capital Partners LPBaillie Gifford & Co
Space Exploration Techn Corp(SPCX)62%New8.0%New
Nu HLDGS LTD(NU)1.7%Added2.8%Trimmed
Mercadolibre Inc(MELI)1.4%Trimmed4.7%Trimmed
Reddit Inc(RDDT)1.2%Added1.1%Trimmed
Applovin Corp(APP)1.0%Held3.0%Trimmed
Facebook Inc(META)0.9%New1.6%Trimmed
Alphabet Inc(GOOGL)0.8%Added0.9%Added
Spotify Technology S A(SPOT)0.8%Added3.3%Trimmed
Doordash Inc(DASH)0.7%Trimmed1.1%Trimmed
Intuitive Surgical Inc(ISRG)0.7%New0.9%Trimmed
Martin Marietta Matls Inc(MLM)0.6%Added0.5%Trimmed
Coupang Inc(CPNG)0.5%Trimmed1.2%Trimmed
Sea LTD(SE)0.5%Trimmed3.3%Trimmed
Affirm HLDGS Inc(AFRM)0.4%Trimmed0.4%Added
Amazon Com Inc(AMZN)0.4%Trimmed5.8%Trimmed
Texas Instrs Inc(TXN)0.3%Trimmed0.4%Trimmed
Thermo Fisher Scientific Inc(TMO)1.2%Added0.3%Trimmed
Tesla Inc(TSLA)0.5%New0.3%Trimmed
Shopify Inc(SHOP)0.3%New2.9%Trimmed
Snowflake Inc(SNOW)0.2%New0.6%Trimmed

and 8 smaller ones

Moved different ways in Q2 2026

Stocks one manager started or added to while the other trimmed or sold out, between the same two quarter ends. A 13F shows the quarter ends, never when in between anything was bought or sold, or why.

  • Nvidia Corporation(NVDA)D1 Capital Partners LP sold out; Baillie Gifford & Co added
  • Spotify Technology S A(SPOT)D1 Capital Partners LP added; Baillie Gifford & Co trimmed
  • Shopify Inc(SHOP)D1 Capital Partners LP started; Baillie Gifford & Co trimmed
  • Nu HLDGS LTD(NU)D1 Capital Partners LP added; Baillie Gifford & Co trimmed
  • Facebook Inc(META)D1 Capital Partners LP started; Baillie Gifford & Co trimmed
  • Reddit Inc(RDDT)D1 Capital Partners LP added; Baillie Gifford & Co trimmed
  • Google Inc Class C(GOOG)D1 Capital Partners LP started; Baillie Gifford & Co trimmed
  • Intuitive Surgical Inc(ISRG)D1 Capital Partners LP started; Baillie Gifford & Co trimmed
  • Snowflake Inc(SNOW)D1 Capital Partners LP started; Baillie Gifford & Co trimmed
  • Martin Marietta Matls Inc(MLM)D1 Capital Partners LP added; Baillie Gifford & Co trimmed
  • Broadcom Inc(AVGO)D1 Capital Partners LP sold out; Baillie Gifford & Co added
  • Affirm HLDGS Inc(AFRM)D1 Capital Partners LP trimmed; Baillie Gifford & Co added
D1 Capital Partners LP: the recordBaillie Gifford & Co: the record

Company names, tickers and logos are the trademarks of their respective owners and appear here to identify the company whose public figures are being used. L3VLUP is not affiliated with, sponsored by or endorsed by any company shown, and nothing here is a statement by or about that company. More