Baillie Gifford & Co Buys TAL Education Group, LendingTree Inc, Dropbox Inc, Sells Juno Therapeutics Inc, Royal Caribbean Cruises, Financial Engines Inc

• New Purchases: DBX, AGIO, BL, RPM, JT, TORC,
• Added Positions: TAL, CTRP, NFLX, TREE, NTES, BABA, MKTX, APA, PEN, CHGG,
• Reduced Positions: AMZN, RCL, BIDU, GOOG, NVDA, FNGN, FB, MELI, KMX, YNDX,
• Sold Out: JUNO, TIF, GS,

For the details of BAILLIE GIFFORD & CO's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=BAILLIE+GIFFORD+%26+CO

1. Amazon.com Inc (AMZN) - 5,844,332 shares, 9.93% of the total portfolio. Shares reduced by 6.81%
2. Alibaba Group Holding Ltd (BABA) - 45,331,375 shares, 9.76% of the total portfolio. Shares added by 1.38%
3. Baidu Inc (BIDU) - 21,485,805 shares, 5.63% of the total portfolio. Shares reduced by 5.85%
4. Illumina Inc (ILMN) - 17,671,931 shares, 4.9% of the total portfolio. Shares reduced by 0.47%
5. Tesla Inc (TSLA) - 12,776,074 shares, 3.99% of the total portfolio. Shares reduced by 0.98%

Baillie Gifford & Co initiated holding in Dropbox Inc. The purchase prices were between $28.48 and $31.25, with an estimated average price of $30.21. The stock is now traded at around $31.40. The impact to a portfolio due to this purchase was 0.08%. The holding were 2,185,942 shares as of 2018-03-31.

Baillie Gifford & Co initiated holding in Agios Pharmaceuticals Inc. The purchase prices were between $59.83 and $86.53, with an estimated average price of $77.29. The stock is now traded at around $83.29. The impact to a portfolio due to this purchase was 0.06%. The holding were 582,141 shares as of 2018-03-31.

Baillie Gifford & Co initiated holding in RPM International Inc. The purchase prices were between $47 and $54.5, with an estimated average price of $50.92. The stock is now traded at around $49.58. The impact to a portfolio due to this purchase was 0.02%. The holding were 301,184 shares as of 2018-03-31.

Baillie Gifford & Co initiated holding in BlackLine Inc. The purchase prices were between $32.38 and $45.05, with an estimated average price of $37.28. The stock is now traded at around $41.37. The impact to a portfolio due to this purchase was 0.02%. The holding were 395,391 shares as of 2018-03-31.

Baillie Gifford & Co initiated holding in Jianpu Technology Inc. The purchase prices were between $5.53 and $8.82, with an estimated average price of $6.92. The stock is now traded at around $5.49. The impact to a portfolio due to this purchase was 0.01%. The holding were 1,014,842 shares as of 2018-03-31.

Baillie Gifford & Co initiated holding in resTORbio Inc. The purchase prices were between $9.58 and $20.85, with an estimated average price of $16.44. The stock is now traded at around $10.85. The impact to a portfolio due to this purchase was 0.01%. The holding were 550,000 shares as of 2018-03-31.

Baillie Gifford & Co added to a holding in TAL Education Group by 92.43%. The purchase prices were between $27.91 and $41.23, with an estimated average price of $34.32. The stock is now traded at around $40.00. The impact to a portfolio due to this purchase was 1.04%. The holding were 49,690,142 shares as of 2018-03-31.

Baillie Gifford & Co added to a holding in LendingTree Inc by 81.08%. The purchase prices were between $328.15 and $402.6, with an estimated average price of $359.88. The stock is now traded at around $280.40. The impact to a portfolio due to this purchase was 0.22%. The holding were 1,266,717 shares as of 2018-03-31.

Baillie Gifford & Co added to a holding in Chegg Inc by 288.39%. The purchase prices were between $15.93 and $22.82, with an estimated average price of $18.93. The stock is now traded at around $24.70. The impact to a portfolio due to this purchase was 0.07%. The holding were 4,212,854 shares as of 2018-03-31.

Baillie Gifford & Co added to a holding in Penumbra Inc by 625.07%. The purchase prices were between $84.6 and $126.1, with an estimated average price of $103.27. The stock is now traded at around $152.25. The impact to a portfolio due to this purchase was 0.07%. The holding were 581,703 shares as of 2018-03-31.

Baillie Gifford & Co added to a holding in Shopify Inc by 37.50%. The purchase prices were between $105.49 and $153.11, with an estimated average price of $129.43. The stock is now traded at around $146.10. The impact to a portfolio due to this purchase was 0.05%. The holding were 1,385,251 shares as of 2018-03-31.

Baillie Gifford & Co added to a holding in NovoCure Ltd by 355.15%. The purchase prices were between $19.3 and $23.65, with an estimated average price of $21.49. The stock is now traded at around $29.00. The impact to a portfolio due to this purchase was 0.05%. The holding were 2,749,639 shares as of 2018-03-31.

Baillie Gifford & Co sold out a holding in Juno Therapeutics Inc. The sale prices were between $45.6 and $86.96, with an estimated average price of $77.77.

Baillie Gifford & Co sold out a holding in Tiffany & Co. The sale prices were between $95.16 and $109.88, with an estimated average price of $103.21.

Baillie Gifford & Co sold out a holding in Goldman Sachs Group Inc. The sale prices were between $245.26 and $273.38, with an estimated average price of $260.32.

Baillie Gifford & Co reduced to a holding in Royal Caribbean Cruises Ltd by 28.73%. The sale prices were between $116.53 and $134.98, with an estimated average price of $126.34. The stock is now traded at around $105.17. The impact to a portfolio due to this sale was -0.42%. Baillie Gifford & Co still held 6,966,731 shares as of 2018-03-31.

Baillie Gifford & Co reduced to a holding in Financial Engines Inc by 89.86%. The sale prices were between $27.4 and $38.3, with an estimated average price of $31.37. The stock is now traded at around $44.50. The impact to a portfolio due to this sale was -0.19%. Baillie Gifford & Co still held 574,042 shares as of 2018-03-31.

Baillie Gifford & Co reduced to a holding in CarMax Inc by 78.15%. The sale prices were between $59.36 and $72.42, with an estimated average price of $65.45. The stock is now traded at around $64.11. The impact to a portfolio due to this sale was -0.13%. Baillie Gifford & Co still held 452,299 shares as of 2018-03-31.