[SCHEDULE 13G/A] Reddit, Inc. SEC Filing

Rhea-AI Filing Summary

Filing: Schedule 13G/A (Amendment No. 1) reporting by Baillie Gifford & Co for Reddit, Inc. (Ordinary Shares, CUSIP 75734B100). Event date: 06/30/2025; Signature/filing date: 08/08/2025.

Position: Baillie Gifford beneficially owns 6,482,328 ordinary shares, representing 5.01% of the class. Voting power: sole voting power for 2,951,791 shares and 0 shared voting power. Disposition: sole dispositive power for 6,482,328 shares and 0 shared dispositive power. The filing classifies Baillie Gifford as an Investment Adviser and states the securities are held on behalf of advisory clients. Item 10 certifies the holdings were acquired in the ordinary course of business and not for the purpose of changing or influencing control.

Positive

• Beneficial ownership disclosed: 6,482,328 ordinary shares representing 5.01% of Reddit's class.
• Sole dispositive power: Baillie Gifford reports sole dispositive power over all 6,482,328 shares, indicating control over disposition decisions.
• Filing classifies reporter: Identified as an Investment Adviser and states holdings are on behalf of advisory clients.

Negative

• None.

Insights

Financial Analyst

TL;DR: Baillie Gifford holds a 5.01% stake (6.48M shares) in Reddit; disclosure meets the >5% reporting threshold.

Baillie Gifford reports beneficial ownership of 6,482,328 shares (5.01%). The filing shows sole dispositive power over the full position and sole voting power for 2,951,791 shares. As an Investment Adviser filing under Schedule 13G/A, the statement frames the position as held for advisory clients and acquired in the ordinary course. This is a material ownership disclosure but does not by itself convey corporate-control intentions beyond the certification provided.

Corporate Governance Expert

TL;DR: Schedule 13G/A confirms >5% passive ownership and includes certification against control-seeking intent.

The filing explicitly classifies the reporter as an Investment Adviser and contains Item 10 certification that the securities were not acquired to change or influence control. The split between sole dispositive power (6,482,328) and smaller sole voting power (2,951,791) is documented. For governance monitoring, this disclosure signals a significant institutional stake held for clients, requiring routine oversight but not, per the filing text, an asserted control campaign.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Reddit, Inc.

(Name of Issuer)

Ordinary Shares

(Title of Class of Securities)

75734B100

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 75734B100

1

Names of Reporting Persons

BAILLIE GIFFORD & CO

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED KINGDOM

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 2,951,791.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 6,482,328.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

6,482,328.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.0 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Reddit, Inc.
(b)	Address of issuer's principal executive offices: 303 2ND STREET, 303 2ND STREET, SAN FRANCISCO, CALIFORNIA, 94104.
Item 2.
(a)	Name of person filing: Baillie Gifford & Co
(b)	Address or principal business office or, if none, residence: Calton Square 1 Greenside Row Edinburgh EH1 3AN Scotland UK
(c)	Citizenship: Scotland
(d)	Title of class of securities: Ordinary Shares
(e)	CUSIP No.: 75734B100
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
	Investment Adviser
Item 4.	Ownership
(a)	Amount beneficially owned: 6,482,328
(b)	Percent of class: 5.01 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 2,951,791
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 6,482,328
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Securities reported on this Schedule 13G as being beneficially owned by Baillie Gifford & Co. are held by Baillie Gifford & Co. and/or one or more of its investment adviser subsidiaries, which may include Baillie Gifford Overseas Limited, on behalf of investment advisory clients, which may include investment companies registered under the Investment Company Act, employee benefit plans, pension funds or other institutional clients.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

BAILLIE GIFFORD & CO

Signature:	Grant Meikle
Name/Title:	Manager
Date:	08/08/2025

FAQ

What stake does Baillie Gifford hold in Reddit (RDDT)?

Baillie Gifford beneficially owns 6,482,328 ordinary shares, representing 5.01% of the class.

When is the event date and when was the Schedule 13G/A signed for RDDT?

The date of the event requiring the filing is 06/30/2025 and the form is signed/filed on 08/08/2025.

What voting and dispositive powers does Baillie Gifford report for RDDT shares?

Reported sole voting power for 2,951,791 shares, 0 shared voting power; sole dispositive power for 6,482,328 shares, 0 shared dispositive power.

Under what classification was the Schedule 13G/A filed for Reddit (RDDT)?

The filing is a Schedule 13G/A with the reporting person classified as an Investment Adviser and checked under the relevant Rule (Rule 13d-1(b)).

Did Baillie Gifford state the shares were acquired to influence control of Reddit?

No. Item 10 includes a certification that the securities were acquired and are held in the ordinary course of business and were not acquired to change or influence control.