Baillie Gifford discloses 5.58% Remitly (NASDAQ: RELY) ownership stake
Rhea-AI Filing Summary
Baillie Gifford & Co, a Scotland-based investment adviser, reported beneficial ownership of 11,658,558 shares of Remitly Global, Inc. common stock, representing 5.58% of the class as of 12/31/2025.
Baillie Gifford has sole voting power over 7,338,155 shares and sole dispositive power over all 11,658,558 shares. The holdings are kept by Baillie Gifford and its adviser subsidiaries on behalf of investment advisory clients, including funds and institutional accounts, and are certified as being held in the ordinary course of business, not to influence control of Remitly.
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FAQ
What did Baillie Gifford disclose in this Schedule 13G/A for Remitly (RELY)?
Baillie Gifford & Co disclosed beneficial ownership of Remitly common stock. It reported holding 11,658,558 shares, filed on an amended Schedule 13G, indicating passive ownership above 5% of the company’s outstanding common shares as of December 31, 2025.
In what capacity is Baillie Gifford filing this Remitly (RELY) Schedule 13G/A?
Baillie Gifford & Co is filing as an investment adviser. The filing states it qualifies under Rule 13d‑1(b)(1)(ii)(E), indicating it manages these Remitly shares in a professional advisory capacity for clients rather than as an operating company or individual investor.
Is Baillie Gifford seeking to influence control of Remitly (RELY) with this stake?
No. Baillie Gifford certifies the Remitly shares were acquired and are held in the ordinary course of business. It states they were not acquired and are not held to change or influence control of Remitly, consistent with a passive Schedule 13G filer status.
What is the relevant date of Baillie Gifford’s ownership information for Remitly (RELY)?
The ownership information relates to an event dated December 31, 2025. That date anchors the reported 11,658,558 beneficially owned shares and the 5.58% ownership percentage, reflecting Baillie Gifford’s Remitly position as of year-end 2025 under Schedule 13G reporting requirements.