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Baillie Gifford Sells Tesla, Amazon, Facebook

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·3 min read
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- By Tiziano Frateschi

Baillie Gifford (Trades, Portfolio) sold shares of the following stocks during the first quarter of 2021, which ended on March 31.


Tesla

The firm's Tesla Inc. (TSLA) position was reduced by 40.61%, impacting the portfolio by -4.37%.

Baillie Gifford Sells Tesla, Amazon, Facebook
Baillie Gifford Sells Tesla, Amazon, Facebook

The EV company has a market cap of $639.21 billion and an enterprise value of $635.43 billion. Its financial strength is rated 6 out of 10 with a cash-debt ratio of 1.37.

The largest guru shareholder of the company is Gifford with 1.68% of outstanding shares, followed by Ron Baron (Trades, Portfolio) with 0.70% and PRIMECAP Management (Trades, Portfolio) with 0.52%.

Alphabet

The firm curbed the position in Alphabet Inc. (GOOG) by 33.95%, impacting the portfolio by -0.66%.

Baillie Gifford Sells Tesla, Amazon, Facebook
Baillie Gifford Sells Tesla, Amazon, Facebook

The company has a market cap of $1.58 trillion and an enterprise value of $1.47 trillion.

GuruFocus gives the company a profitability and growth rating of 10 out of 10. The return on equity of 23.86% and return on assets of 17.15% are outperforming 82% of companies in the interactive media industry. Its financial strength is rated 8 out of 10. The cash-debt ratio of 4.98 is below the industry median of 5.18.

The largest guru shareholders of the company include Dodge & Cox with 0.34% of outstanding shares, PRIMECAP Management (Trades, Portfolio) with 0.16% and Pioneer Investments (Trades, Portfolio) with 0.15%.

Facebook

The firm trimmed its position in Facebook Inc. (FB) by 26.78%. The trade had an impact of -0.46% on the portfolio.

Baillie Gifford Sells Tesla, Amazon, Facebook
Baillie Gifford Sells Tesla, Amazon, Facebook

The company has a market cap of $907 billion and an enterprise value of $854 billion.

GuruFocus gives the company a profitability and growth rating of 10 out of 10. The return on equity of 28.33% and return on assets of 22.57% are outperforming 86% of companies in the interactive media industry. Its financial strength is rated 7 out of 10 with a cash-debt ratio of 5.53.

The largest guru shareholder of the company is Frank Sands (Trades, Portfolio) with 0.37% of outstanding shares, followed by Chase Coleman (Trades, Portfolio) with 0.22% and Spiros Segalas (Trades, Portfolio) with 0.20%.

Amazon

The guru curbed the position in Amazon.com Inc. (AMZN) by 7.81%, impacting the portfolio by -0.45%.

Baillie Gifford Sells Tesla, Amazon, Facebook
Baillie Gifford Sells Tesla, Amazon, Facebook

The company has a market cap of $1.67 trillion and an enterprise value of $1.68 trillion.

GuruFocus gives the company a profitability and growth rating of 8 out of 10. The return on equity of 32.14% and return on assets of 9.57% are outperforming 88% of companies in the retail - cyclical industry. Its financial strength is rated 6 out of 10 with a cash-debt ratio of 0.86.

Other notable guru shareholders of the company include Ken Fisher (Trades, Portfolio) with 0.36% of outstanding shares, Sands with 0.32% and Pioneer Investments (Trades, Portfolio) with 0.21%.

NIO

The firm reduced its position in NIO Inc. (NIO) by 14.72%, impacting the portfolio by -0.43%.

Baillie Gifford Sells Tesla, Amazon, Facebook
Baillie Gifford Sells Tesla, Amazon, Facebook

The EV company has a market cap of $60.10 billion and an enterprise value of $55.21 billion.

GuruFocus gives the company a profitability and growth rating of 1 out of 10. The return on assets of -10.64 is underperforming 90% of companies in the vehicles and parts industry. Its financial strength is rated 5 out of 10 with a cash-debt ratio of 3.08.

Other notable guru shareholders of the company include Jim Simons (Trades, Portfolio)' Renaissance Technologies with 0.24% of outstanding shares, Ray Dalio (Trades, Portfolio) with 0.13% and Steven Cohen (Trades, Portfolio) with 0.01%.

Disclosure: I do not own any stocks mentioned.

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This article first appeared on GuruFocus.