Baillie Gifford & Co reports beneficial ownership of 7,309,109 shares of Reddit, Inc. Class A Common Stock, representing 5.23% of that class as of 03/31/2026. The filing lists 3,539,481 shares with sole voting power and 7,309,109 shares with sole dispositive power. The position is reported on a Schedule 13G by an Investment Adviser and the form was signed on 05/07/2026.
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Insights
Passive 13G filing: Baillie Gifford reports a >5% stake in Reddit.
Baillie Gifford & Co identifies itself as an Investment Adviser holding 7,309,109 Class A shares, equal to 5.23% as of 03/31/2026. The filing indicates sole dispositive power for the full stake and sole voting power for 3,539,481 shares.
These shares are held on behalf of advisory clients under a foreign regulatory scheme; the filing states comparability to U.S. rules and was signed on 05/07/2026. Cash‑flow treatment and any trading intentions are not stated; subsequent filings would show material changes.
Key Figures
Beneficially owned:7,309,109 sharesPercent of class:5.23%Sole voting power:3,539,481 shares+3 more
6 metrics
Beneficially owned7,309,109 sharesClass A Common Stock as of 03/31/2026
Percent of class5.23%Percent of Class A Common Stock
Sole voting power3,539,481 sharesShares with sole power to vote
Sole dispositive power7,309,109 sharesShares with sole power to dispose
Filing typeSchedule 13GReported by Investment Adviser
Form signed05/07/2026Signature date on filing
Key Terms
Schedule 13G, beneficially owned, sole dispositive power, investment adviser
4 terms
Schedule 13Gregulatory
"reported on a Schedule 13G by an Investment Adviser"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
beneficially ownedfinancial
"Amount beneficially owned: 7,309,109"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole dispositive powerregulatory
"Sole power to dispose or to direct the disposition of: 7,309,109"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
investment adviserfinancial
"Title of class of securities: Class A Common Stock ... Investment Adviser"
An investment adviser is a person or firm that professionally manages money and gives recommendations about buying, selling, or holding investments. Like a financial coach or guide, they have a legal duty to act in a client's best financial interest, so their advice, fees and potential conflicts can directly affect returns and risk — making their role important for investors who want informed, accountable help with portfolios.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Reddit, Inc.
(Name of Issuer)
Class A Common Stock
(Title of Class of Securities)
75734B100
(CUSIP Number)
03/31/2026
(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)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
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
3,539,481.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
7,309,109.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
7,309,109.00
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)
5.2 %
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, SOUTH TOWER, 5TH FLOOR, 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:
Class A Common Stock
(e)
CUSIP Number(s):
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:
7,309,109
(b)
Percent of class:
5.23 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
3,539,481
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
7,309,109
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
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 foreign regulatory scheme applicable to Investment Adviser is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s). I also undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.
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.
What stake does Baillie Gifford report in Reddit (RDDT)?
Baillie Gifford reports owning 7,309,109 Class A shares, or 5.23%. The position is listed as beneficial ownership as of 03/31/2026 and reported on a Schedule 13G signed 05/07/2026.
Does Baillie Gifford have voting control over Reddit shares?
They report sole voting power for 3,539,481 shares. The filing shows sole dispositive power for 7,309,109 shares; shared voting and dispositive powers are reported as 0.
Is the Baillie Gifford position held for clients or on its own account?
The filing states the shares are held on behalf of advisory clients. It explains holdings may be for investment company clients, pension funds, or other institutional clients under its advisory structure.
What filing did Baillie Gifford use to report this stake in RDDT?
The position is reported on a Schedule 13G filed by an Investment Adviser. The signature block shows the form was signed on 05/07/2026 and references ownership as of 03/31/2026.
Does the filing disclose any intent to buy or sell Reddit shares?
No trading intentions are disclosed in the excerpt provided. The Schedule 13G lists holdings and voting/dispositive powers but does not state plans to acquire or dispose of shares.
