Baillie Gifford acquired 12M Block shares worth $1B. That's 0.72% of their equity portfolio (28th largest holding). The investor owns 1.94% of the outstanding Block stock. The first Block trade was made in Q4 2020. Since then Baillie Gifford bought shares eight more times and sold shares on five occasions. The stake costed the investor $798M, netting the investor a gain of 26% so far.