Baillie Gifford files Schedule 13G for SVV, owning 9.57M shares (6.08%)

Rhea-AI Filing Summary

Baillie Gifford & Co reports beneficial ownership of 9,572,853 ordinary shares of Savers Value Village, Inc. (CUSIP 80517M109), representing 6.08% of the class. The filing shows sole voting power for 7,086,462 shares and sole dispositive power for 9,572,853 shares. The filer is identified as an Investment Adviser (IA).

The statement indicates these securities are held in the ordinary course of business and were not acquired for the purpose of changing or influencing control. Holdings may be held on behalf of advisory clients, including investment companies, pension funds or other institutional clients.

Positive

• Beneficial ownership of 9,572,853 shares, representing 6.08% of the ordinary share class
• Sole dispositive power over all reported shares (9,572,853), enabling control of disposition decisions
• Sole voting power reported for 7,086,462 shares, indicating the adviser can direct votes for the majority of its holdings
• Filer classifies holdings as in the ordinary course, stating they were not acquired to change or influence control

Negative

• None.

Insights

Financial Analyst

TL;DR: Baillie Gifford holds a meaningful 6.08% stake with full dispositive control, reported as held in the ordinary course of business.

The position of 9,572,853 shares equals 6.08% of Savers Value Village, Inc., a level that requires public disclosure and may attract investor attention. The filing shows sole dispositive power and substantial sole voting power (7,086,462 shares), which means Baillie Gifford can direct sales and votes for most of its holding. The filer classifies itself as an investment adviser and states the shares are held for advisory clients rather than to influence control.

Corporate Governance Expert

TL;DR: Reported stake is material but explicitly not intended to change control; governance impact appears limited per filing.

The Schedule 13G shows a >5% ownership threshold has been crossed, triggering disclosure. The certification clarifies the position is not held to effect control changes and was acquired in the ordinary course, which differentiates this disclosure from an activist intent filing. Voting and dispositive powers are primarily sole, so the adviser can exercise client voting rights consistent with fiduciary duties, but the filing contains no indication of plans to pursue governance actions.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Savers Value Village, Inc.

(Name of Issuer)

Ordinary Shares

(Title of Class of Securities)

80517M109

(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. 80517M109

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 7,086,462.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 9,572,853.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

9,572,853.00

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)

6.1 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Savers Value Village, Inc.
(b)	Address of issuer's principal executive offices: 11400 SE 6TH ST., #220, BELLEVUE, WASHINGTON, 98004
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.: 80517M109
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: 9,572,853
(b)	Percent of class: 6.08 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 7,086,462
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 9,572,853
	(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:	08/11/2025

FAQ

How many SVV shares does Baillie Gifford & Co own?

Baillie Gifford & Co reports beneficial ownership of 9,572,853 ordinary shares of SVV.

What percentage of SVV is owned by Baillie Gifford & Co?

The filing states Baillie Gifford owns 6.08% of Savers Value Village, Inc.'s ordinary shares.

How much voting power does Baillie Gifford have in SVV?

Baillie Gifford reports sole voting power for 7,086,462 shares and no shared voting power.

Does Baillie Gifford intend to influence control of SVV?

The statement certifies the securities are held in the ordinary course of business and were not acquired to change or influence control.

On behalf of whom are the SVV shares held?

The filing indicates shares are held by Baillie Gifford and/or its adviser subsidiaries on behalf of investment advisory clients, which may include investment companies, pension funds or other institutional clients.