13F filer · CIK 1017918 ↗
Baron Capital
You are looking at Q1 2017. See the latest, Q2 2026 →
Reported value
$18.88B
+6.3% on the quarter before
Positions
323
29 new · 27 sold out
Top 10
31.5%
of the value
Est. gain
+$1.75B
on stocks held all quarter
Est. return
+10.6%
on those stocks since Q4 2016
Positions as of Mar 31, 2017, 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, 50% of the reported value, each sized by its share, colored by what the fund did with it since Q4 2016. Striped tiles are options.
Largest buys
Since Q4 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.
- Momo Inc~$53.4MNew · 0.0% → 0.3%+1,565,924 shares
- Wix Com Ltd~$41.3MAdded · 0.0% → 0.3%+608,808 shares
- Acuity Brands Inc~$38.9MAdded · 0.6% → 0.7%+190,753 shares
- Capitol Acquisition Corp Iii~$31.7MNew · 0.0% → 0.2%+3,000,000 shares
- Welbilt Inc~$27.5MNew · 0.0% → 0.1%+1,400,000 shares
- John Bean Technologies Corp~$26.4MNew · 0.0% → 0.1%+300,000 shares
- Wyndham Worldwide Corp~$24.4MNew · 0.0% → 0.1%+289,740 shares
- Qualys Inc~$24.2MAdded · 0.0% → 0.1%+638,600 shares
- Rev Group Inc~$20.7MNew · 0.0% → 0.1%+750,000 shares
- Ypf Sociedad Anonima~$20.6MAdded · 0.1% → 0.3%+849,900 shares
Largest sells
Since Q4 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.
- Idexx Labs Inc~$96.1MCut · 3.8% → 4.2%−621,611 shares
- Hilton Worldwide Hldgs Inc~$67.8MCut · 0.3% → 0.1%−1,159,789 shares
- Gartner~$54.8MCut · 4.3% → 4.0%−507,572 shares
- Fastenal Co~$50.0MCut · 0.5% → 0.2%−970,394 shares
- Cbre Group Inc~$43.7MCut · 0.7% → 0.5%−1,254,726 shares
- Middleby Corp~$34.9MCut · 1.2% → 1.0%−255,887 shares
- Ultimate Software Group Inc~$34.9MCut · 0.7% → 0.5%−178,761 shares
- Gaming & Leisure Pptys Inc~$34.6MCut · 2.2% → 2.0%−1,036,040 shares
- Carmax Inc~$31.5MCut · 0.4% → 0.2%−531,802 shares
- Fleetcor Technologies Inc~$31.3MCut · 0.8% → 0.6%−206,540 shares
Holdings
As of Mar 31, 2017. Changes are in shares against Dec 31, 2016, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Vail Resorts IncCOM · shares −1.2% · price +19.0% | 5.3% | $998.1M | +$159.1M | ||||||||
| Arch Cap Group LtdORD · shares −1.3% · price +9.8% | 4.3% | $819.7M | +$73.3M | ||||||||
| Idexx Labs IncCOM · shares −11% · price +31.8% | 4.2% | $783.8M | +$189.3M | ||||||||
| GartnerCOM · shares −6.8% · price +6.8% | 4.0% | $755.4M | +$48.4M | ||||||||
| Costar Group IncCOM · shares +0.05% · price +9.9% | 3.3% | $621.5M | +$56.2M | ||||||||
| FactSetCOM · shares −4.5% · price +0.9% | 2.7% | $506.6M | +$4.5M | ||||||||
| TeslaCOM · shares +2.1% · price +30.2% | 2.4% | $448.3M | +$101.9M | ||||||||
| Gaming & Leisure Pptys IncCOM · shares −8.3% · price +9.1% | 2.0% | $385.0M | +$32.3M | ||||||||
| Bright Horizons Fam Sol In DCOM · shares −7.1% · price +3.5% | 1.7% | $315.7M | +$10.8M | ||||||||
| Mettler Toledo InternationalCOM · shares −8.8% · price +14.4% | 1.7% | $315.0M | +$39.7M | ||||||||
| Choice Hotels Intl IncCOM · shares −0.4% · price +11.7% | 1.6% | $306.3M | +$32.1M | ||||||||
| Ansys IncCOM · shares −9.4% · price +15.5% | 1.5% | $282.8M | +$38.1M | ||||||||
| Guidewire SoftwareCOM · shares −0.7% · price +14.2% | 1.5% | $279.9M | +$34.8M | ||||||||
| Ss&C Technologies Holdings IncCOM · shares −2.2% · price +23.8% | 1.5% | $279.4M | +$53.7M | ||||||||
| Schwab Charles Corp NewCOM · shares −1.2% · price +3.4% | 1.4% | $266.8M | +$8.8M | ||||||||
| Manchester United Plc NewORD CL A · shares −0.9% · price +18.6% | 1.3% | $244.8M | +$38.4M | ||||||||
| Hyatt Hotels CorpCOM CL A · shares −1.2% · price −2.3% | 1.3% | $243.1M | −$5.8M | ||||||||
| Douglas Emmett IncCOM · shares −2.1% · price +5.0% | 1.3% | $238.6M | +$11.4M | ||||||||
| Primerica IncCOM · shares −1.9% · price +18.9% | 1.3% | $236.4M | +$37.5M | ||||||||
| Maximus IncCOM · shares −9.6% · price +11.5% | 1.2% | $222.3M | +$22.9M | ||||||||
| Msci IncCL A · shares −5.3% · price +23.4% | 1.2% | $217.4M | +$41.2M | ||||||||
| Marriott Vacations Worldwide CCOM · shares −1.2% · price +17.8% | 1.1% | $214.7M | +$32.4M | ||||||||
| Verisk AnalyticsCL A · shares −2.4% · price −0.0% | 1.0% | $192.2M | −$71,594 | ||||||||
| Sba Communications CorpCOM · shares −7.8% · price +16.6% | 1.0% | $191.4M | +$27.2M | ||||||||
| Financial Engines IncCOM · shares +0.1% · price +18.5% | 0.99% | $187.7M | +$29.3M | ||||||||
| Total · 323 positions | 100% | $18.88B | +$1.75B |
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 Q4 2016 to Q1 2017: 293 stocks held throughout, up $1.75B (+10.6%).
- Idexx Labs Inc+$189.3M+32%
- Vail Resorts Inc+$159.1M+19%
- Tesla+$101.9M+30%
- Arch Cap Group Ltd+$73.3M+10%
- Costar Group Inc+$56.2M+10%
- Dicks Sporting Goods Inc−$8.6M−8%
- Acuity Brands Inc−$12.1M−12%
- Transdigm Group Inc−$15.8M−12%
- Under Armour Inc−$37.2M−27%
- Under Armour Inc−$52.1M−32%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out.
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 ↗ |