Baillie Gifford acquired 2.2M Duolingo shares worth $600M. That's 0.43% of their equity portfolio (44th largest holding). The investor owns 4.86% of the outstanding Duolingo stock. The first Duolingo trade was made in Q3 2021. Since then Baillie Gifford bought shares six more times and sold shares on nine occasions. The stake costed the investor $265M, netting the investor a gain of 126% so far.
Fintel reports that Baillie Gifford & has filed a 13G/A form with the SEC disclosing ownership of 3.25MM shares of Duolingo, Inc. Class A (NASDAQ:DUOL). This...