US EditionBaillie Gifford Reduces Rivian’s Stake, Closes Q1 Holding $600M in Shares
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Baillie Gifford Reduces Rivian’s Stake, Closes Q1 Holding $600M in Shares
Baillie Gifford filed its quarterly portfolio update on Wednesday, disclosing that it slightly trimmed its position in the EV maker Rivian over the first three months of the year. The Edinburgh-based firm is Rivian’s third largest institutional shareholder and closed last year holding about 49.6 million shares — down from 50.36 million by the end of the third quarter. In the first quarter of 2025, Baillie Gifford sold 1,060,559 shares in the EV …
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