Baillie Gifford acquired 18.9 Million NIO shares worth $82.6 Million. That's 0.07% of their equity portfolio (123rd largest holding). The investor owns 1.21% of the outstanding NIO stock. The first NIO trade was made in Q3 2018. Since then Baillie Gifford bought shares seven more times and sold shares on fifteen occasions. The investor's estimated purchase price is $181 Million, resulting in a loss of 54%.
Shares of Nio (NYSE: NIO ) stock are down by about 35% both year-to-date (YTD) and year-over-year (YOY), and it appears that Scottish investment firm Baillie...
Baillie Gifford Bolsters Stake in NIO Inc
HONG KONG : Baillie Gifford, one of the largest asset managers in Europe and a China bull in recent years, increased its holdings of some Chinese growth stoc...