The 20 stocks picked by star investor Baillie Gifford you’ve never heard of
Baillie Gifford made so much on Tesla it bought into its Chinese rival NIO (REUTERS)
Baillie Gifford made so much on Tesla it bought into its Chinese rival NIO
(REUTERS)
One of the Baillie Gifford mottoes on its website goes: “Actual investors think in decades. Not quarters.”
Good advice, but given the blowout returns it has been winning on its big tech bets over the past year’s bull run ($12 billion from Tesla alone, according to some calculations), sometimes a few quarters can make a massive difference.
Today the Evening Standard crunched the numbers to find it had made more than $800 million this year in returns on its investments in two US tech firms producing Covid vaccines. CureVac and Moderna have seen their shares shoot up 1174% and 844% this year, and Baillie Gifford has chunky stakes in both.
While it’s famed for investing in Tesla, Amazon and Alibaba – no surprises there for a big tech investor – it also has some stocks the average investor may not have heard of.
Here are 20 you may not have heard of:
Illumina: US genetic sequencing company with tech helping track Covid-19 transmission and aiding research into cancer, genetic diseases and reproductive health
ASML: Dutch supplier of tech to help microchipmakers
Meituan Dianping: Chinese shopping platform
Delivery Hero: German-based version of Deliveroo or Just Eat Takeaway
NIO: China’s answer to Tesla. Shares have gained 245% in the last three months alone
TSMC: Taiwan Semiconductor Manufacturing Co. Name speaks for itself
Fastenal: US company distributing industrial supplies. A bit like Screwfix
Sonic Healthcare: Australian laborator medicine, radiology and primary care group
Greencoat UK Wind: UK windfarm investor fund managed by Greencoat Capital
The Schiehallion Fund: Baillie Gifford’s own private equity investment trust allowing access to tech companies before they float
AddLife: Swedish life sciences firm doing healthcare, diagnostic analysis and R&D in Nordic region and Europe
Zillow: US online property marketplace. Shares have more than doubled this year
Teladoc Health: US telephone-based healthcare provider, merged in October with Livongo, a diabetes monitoring health-tech business. Shares have more than doubled this year
STAAR Surgical: Maker of lenses to be implanted in the eye to improve eyesight. Shares have more than doubled this year
MercadoLibre: Argentinian online auction and e-commerce site operating across Latin America. Shares have more than doubled this year
Dexcom: Healthtech developer allowing people to monitor glucose levels and relaying to Apple or Android device
Abcam: Cambridge, UK, life sciences specialist in reagents and tools used by life sciences researchers
Mixi: Japanese social network based in Tokyo, offering a more private platform than Facebook
CyberAgent: Japanese digital advertising company
Sysmex: Japanese haematology and coagulation diagnostic company