13F filer · CIK 1017918 ↗
Baron Capital
You are looking at Q2 2016. See the latest, Q2 2026 →
Reported value
$18.81B
−0.5% on the quarter before
Positions
301
27 new · 21 sold out
Top 10
28.5%
of the value
Est. gain
+$337.0M
on stocks held all quarter
Est. return
+1.9%
on those stocks since Q1 2016
Positions as of Jun 30, 2016, from Baron Capital's 13F filing with the SEC. A 13F lists a manager's US-listed stocks and options at a quarter end and is filed up to 45 days later, so the fund may hold something else today. It leaves out short positions, cash and holdings outside the US.
Portfolio at a glance
- New
- Added
- Cut
- Same
- Options
The 24 largest positions, 47% of the reported value, each sized by its share, colored by what the fund did with it since Q1 2016. Striped tiles are options.
Largest buys
Since Q1 2016, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Under Armour Inc~$186.1MNew · 0.0% → 1.0%+5,113,695 shares
- Gaming & Leisure Pptys Inc~$122.3MAdded · 1.8% → 2.7%+3,546,788 shares
- Under Armour Inc~$84.5MAdded · 2.2% → 1.5%+2,106,388 shares
- Red Rock Resorts Inc~$79.2MNew · 0.0% → 0.4%+3,605,258 shares
- Mgm Growth Pptys Llc~$63.3MNew · 0.0% → 0.3%+2,373,714 shares
- Liberty Media Corp Delaware~$37.0MNew · 0.0% → 0.2%+1,200,000 shares
- Bats Global Mkts Inc~$27.0MNew · 0.0% → 0.1%+1,051,869 shares
- Littelfuse Inc~$26.7MAdded · 0.1% → 0.2%+226,130 shares
- Siteone Landscape Supply Inc~$25.0MNew · 0.0% → 0.1%+736,129 shares
- Teleflex Inc~$18.5MNew · 0.0% → 0.1%+104,581 shares
Largest sells
Since Q1 2016, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Dicks Sporting Goods Inc~$91.0MCut · 1.2% → 0.6%−2,018,910 shares
- Middleby Corp~$77.5MCut · 1.9% → 1.6%−672,857 shares
- Fei Co~$64.1MCut · 0.4% → 0.1%−600,000 shares
- Mobileye N V Amstelveen~$58.4MCut · 0.4% → 0.2%−1,266,189 shares
- Carmax Inc~$52.6MCut · 0.7% → 0.4%−1,073,682 shares
- Edwards Lifesciences Corp~$49.6MCut · 0.2% → 0.0%−497,762 shares
- Liberty Media Corp Delaware~$45.7MSold out · 0.2% → 0.0%−1,200,000 shares
- Wyndham Worldwide Corp~$42.5MSold out · 0.2% → 0.0%−555,834 shares
- Avalonbay Cmntys Inc~$40.3MSold out · 0.2% → 0.0%−211,726 shares
- Sba Communications Corp~$39.8MCut · 1.1% → 1.0%−368,981 shares
Holdings
As of Jun 30, 2016. Changes are in shares against Mar 31, 2016, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| GartnerCOM · shares −4.6% · price +9.0% | 4.0% | $755.7M | +$62.5M | ||||||||
| Vail Resorts IncCOM · shares +0.4% · price +3.4% | 3.8% | $715.6M | +$23.4M | ||||||||
| Costar Group IncCOM · shares −0.9% · price +16.2% | 3.4% | $634.1M | +$88.4M | ||||||||
| Arch Cap Group LtdORD · shares −0.3% · price +1.3% | 3.4% | $634.0M | +$7.9M | ||||||||
| Idexx Labs IncCOM · shares −0.3% · price +18.6% | 3.3% | $611.5M | +$95.7M | ||||||||
| FactSetCOM · shares −0.4% · price +6.5% | 2.9% | $548.6M | +$33.6M | ||||||||
| Gaming & Leisure Pptys IncCOM · shares +32% · price +11.5% | 2.7% | $504.6M | +$39.5M | ||||||||
| Bright Horizons Fam Sol In DCOM · shares −2.9% · price +2.4% | 1.8% | $338.2M | +$7.8M | ||||||||
| Guidewire SoftwareCOM · shares −3.1% · price +13.4% | 1.7% | $313.1M | +$36.9M | ||||||||
| TeslaCOM · shares +2.0% · price −7.6% | 1.6% | $306.7M | −$24.8M | ||||||||
| Middleby CorpCOM · shares −21% · price +7.9% | 1.6% | $300.2M | +$22.1M | ||||||||
| Under Armour IncCL A · shares +42% · price −52.7% | 1.5% | $284.8M | −$223.1M | ||||||||
| Mettler Toledo InternationalCOM · shares −11% · price +5.8% | 1.5% | $283.6M | +$15.7M | ||||||||
| Ansys IncCOM · shares −0.7% · price +1.4% | 1.5% | $277.2M | +$3.9M | ||||||||
| Ss&C Technologies Holdings IncCOM · shares −0.3% · price −11.4% | 1.4% | $267.0M | −$34.5M | ||||||||
| Douglas Emmett IncCOM · shares −3.3% · price +18.0% | 1.3% | $245.7M | +$37.4M | ||||||||
| Maximus IncCOM · shares +2.5% · price +5.2% | 1.3% | $243.0M | +$11.7M | ||||||||
| Manchester United Plc NewORD CL A · shares −0.7% · price +10.3% | 1.3% | $240.4M | +$22.5M | ||||||||
| Choice Hotels Intl IncCOM · shares 0% · price −11.9% | 1.2% | $234.8M | −$31.7M | ||||||||
| Inovalon Hldgs IncCOM CL A · shares +8.2% · price −2.8% | 1.2% | $233.9M | −$6.1M | ||||||||
| Hyatt Hotels CorpCOM CL A · shares −0.8% · price −0.7% | 1.2% | $225.7M | −$1.6M | ||||||||
| Verisk AnalyticsCL A · shares −5.5% · price +1.5% | 1.2% | $218.3M | +$3.1M | ||||||||
| Primerica IncCOM · shares −0.01% · price +28.5% | 1.1% | $205.0M | +$45.5M | ||||||||
| Msci IncCL A · shares −0.3% · price +4.1% | 1.0% | $195.7M | +$7.7M | ||||||||
| Sba Communications CorpCOM · shares −17% · price +7.8% | 1.0% | $191.6M | +$13.8M | ||||||||
| Total · 301 positions | 100% | $18.81B | +$337.0M |
Price is a stock's reported value over its shares at the quarter end. The estimated gain is the shares held at both quarter ends times the change in that price: shares bought or sold during the quarter add nothing, options are left out, and a stock split is read into the earlier share count and price.
What made money
From Q1 2016 to Q2 2016: 274 stocks held throughout, up $337.0M (+1.9%).
- Idexx Labs Inc+$95.7M+19%
- Costar Group Inc+$88.4M+16%
- Gartner+$62.5M+9%
- Primerica Inc+$45.5M+29%
- Gaming & Leisure Pptys Inc+$39.5M+12%
- Norwegian Cruise Line Hldgs−$28.8M−28%
- Choice Hotels Intl Inc−$31.7M−12%
- Ss&C Technologies Holdings Inc2:1 split−$34.5M−11%
- Pinnacle Entmt Inc−$99.7M−68%
- Under Armour Inc−$223.1M−53%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 1 split read into the share counts.
Reported value by quarter
The total value of each quarter's 13F at that quarter end. It moves with prices as well as with buying and selling. Pick a quarter to see what the fund held then.
Every quarter's filing
| Quarter | Reported value | Filing | |
|---|---|---|---|
| Q2 2026 | Aug 14, 2026 | $66.64B+101% | SEC ↗ |
| Q1 2026 | May 15, 2026 | $33.13B−10% | SEC ↗ |
| Q4 2025 | Feb 17, 2026 | $36.91B−2% | SEC ↗ |
| Q3 2025 | Nov 14, 2025 | $37.71B+2% | SEC ↗ |
| Q2 2025 | Aug 14, 2025 | $36.89B+8% | SEC ↗ |
| Q1 2025 | May 15, 2025 | $34.05B−12% | SEC ↗ |
| Q4 2024 | Feb 14, 2025 | $38.69B+3% | SEC ↗ |
| Q3 2024 | Nov 14, 2024 | $37.70B+8% | SEC ↗ |
| Q2 2024 | Aug 14, 2024 | $34.92B−7% | SEC ↗ |
| Q1 2024 | May 15, 2024 | $37.52B−0% | SEC ↗ |
| Q4 2023 | Feb 14, 2024 | $37.55B+9% | SEC ↗ |
| Q3 2023 | Nov 14, 2023 | $34.42B−5% | SEC ↗ |
| Q2 2023 | Aug 14, 2023 | $36.11B+8% | SEC ↗ |
| Q1 2023 | May 15, 2023 | $33.31B+12% | SEC ↗ |
| Q4 2022 | Feb 14, 2023 | $29.78B−4% | SEC ↗ |
| Q3 2022 | Nov 14, 2022 | $30.95B−1% | SEC ↗ |
| Q2 2022 | Aug 15, 2022 | $31.14B−24% | SEC ↗ |
| Q1 2022 | May 13, 2022 | $40.75B−14% | SEC ↗ |
| Q4 2021 | Feb 14, 2022 | $47.14B+7% | SEC ↗ |
| Q3 2021 | Nov 12, 2021 | $44.15B+1% | SEC ↗ |
| Q2 2021 | Aug 13, 2021 | $43.68B+8% | SEC ↗ |
| Q1 2021 | May 19, 2021 | $40.57B+0% | SEC ↗ |
| Q4 2020 | Feb 12, 2021 | $40.42B+24% | SEC ↗ |
| Q3 2020 | Nov 13, 2020 | $32.58B+18% | SEC ↗ |
| Q2 2020 | Aug 14, 2020 | $27.66B+36% | SEC ↗ |
| Q1 2020 | May 15, 2020 | $20.41B−22% | SEC ↗ |
| Q4 2019 | Feb 18, 2020 | $26.19B+8% | SEC ↗ |
| Q3 2019 | Nov 14, 2019 | $24.31B−3% | SEC ↗ |
| Q2 2019 | Aug 15, 2019 | $24.94B+6% | SEC ↗ |
| Q1 2019 | May 15, 2019 | $23.59B+19% | SEC ↗ |
| Q4 2018 | Feb 14, 2019 | $19.76B−18% | SEC ↗ |
| Q3 2018 | Nov 14, 2018 | $24.14B+6% | SEC ↗ |
| Q2 2018 | Aug 14, 2018 | $22.88B+5% | SEC ↗ |
| Q1 2018 | May 9, 2018 | $21.73B+0% | SEC ↗ |
| Q4 2017 | Feb 14, 2018 | $21.69B+3% | SEC ↗ |
| Q3 2017 | Nov 15, 2017 | $21.07B+8% | SEC ↗ |
| Q2 2017 | Aug 14, 2017 | $19.58B+4% | SEC ↗ |
| Q1 2017 | May 15, 2017 | $18.88B+6% | SEC ↗ |
| Q4 2016 | Feb 14, 2017 | $17.76B−6% | SEC ↗ |
| Q3 2016 | Nov 15, 2016 (amended) | $18.86B+0% | SEC ↗ |
| Q2 2016 | Aug 15, 2016 | $18.81B−0% | SEC ↗ |
| Q1 2016 | May 16, 2016 | $18.90B | SEC ↗ |