Baillie Gifford & Co Reduces Stake in Trade Desk, Inc. to 0.03%
Baillie Gifford & Co filed a Schedule 13G/A (Amendment No. 9) with the SEC on April 2, 2026, regarding its holdings in Trade Desk, Inc. (TTD). As of the event date on March 31, 2026, the investment firm reported beneficial ownership of 150,381 shares of Class A Common Stock. This represents a significant reduction in their position compared to previous filings, bringing their ownership interest down to approximately 0.03% of the class. Of the total shares held, Baillie Gifford & Co maintains sole voting power over 130,006 shares and sole dispositive power over the full 150,381 shares. The filing indicates that the securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. Because the ownership level has fallen well below the 5% threshold, this amendment serves to update the firm's status as a passive investor with a now-immaterial stake in the company.