Baillie Gifford acquired 51.7 Million Petroleo Brasileiro S.A. Petrobras shares worth $657 Million. That's 0.50% of their equity portfolio (39th largest holding). The first Petroleo Brasileiro S.A. Petrobras trade was made in Q1 2013. Since then Baillie Gifford bought shares eighteen more times and sold shares on twenty occasions. The stake costed the investor $573 Million, netting the investor a gain of 15% so far.