13F filer · CIK 1017918 ↗
Baron Capital
You are looking at Q3 2017. See the latest, Q2 2026 →
Reported value
$21.07B
+7.6% on the quarter before
Positions
318
13 new · 33 sold out
Top 10
31.6%
of the value
Est. gain
+$767.9M
on stocks held all quarter
Est. return
+4.0%
on those stocks since Q2 2017
Positions as of Sep 30, 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 Q2 2017. Striped tiles are options.
Largest buys
Since Q2 2017, 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.
- 2u Inc~$99.7MAdded · 0.1% → 0.6%+1,778,783 shares
- Baidu~$81.9MAdded · 0.3% → 0.8%+330,489 shares
- Beacon Roofing Supply Inc~$62.0MNew · 0.0% → 0.3%+1,209,400 shares
- Alibaba~$59.8MAdded · 1.0% → 1.4%+346,416 shares
- Wix Com Ltd~$51.4MAdded · 0.3% → 0.5%+715,951 shares
- Teladoc Inc~$42.6MAdded · 0.0% → 0.2%+1,285,000 shares
- John Bean Technologies Corp~$37.7MAdded · 0.2% → 0.4%+373,300 shares
- Glaukos Corp~$37.0MAdded · 0.2% → 0.3%+1,121,813 shares
- Shutterfly Inc~$36.4MNew · 0.0% → 0.2%+750,000 shares
- Red Rock Resorts Inc~$35.9MAdded · 0.7% → 0.8%+1,550,892 shares
Largest sells
Since Q2 2017, 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.
- Spectranetics Corp~$52.1MSold out · 0.3% → 0.0%−1,356,500 shares
- Nord Anglia Education Inc~$39.7MSold out · 0.2% → 0.0%−1,220,092 shares
- Robert Half Intl Inc~$31.5MCut · 0.2% → 0.0%−625,980 shares
- Digitalglobe Inc~$25.0MSold out · 0.1% → 0.0%−750,000 shares
- Momo Inc~$23.3MSold out · 0.1% → 0.0%−631,624 shares
- Clubcorp Hldgs Inc~$21.8MSold out · 0.1% → 0.0%−1,663,909 shares
- Dexcom Inc~$18.6MCut · 0.3% → 0.1%−379,810 shares
- Smart & Final Stores Inc~$18.4MCut · 0.1% → 0.0%−2,338,762 shares
- Nielsen Holdings Plc~$16.5MCut · 0.2% → 0.1%−397,361 shares
- Wabtec Corp~$16.3MCut · 0.3% → 0.1%−215,816 shares
Holdings
As of Sep 30, 2017. Changes are in shares against Jun 30, 2017, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Vail Resorts IncCOM · shares +0.1% · price +12.5% | 5.6% | $1.17B | +$129.9M | ||||||||
| GartnerCOM · shares +0.02% · price +0.7% | 4.2% | $878.0M | +$6.3M | ||||||||
| Arch Cap Group LtdORD · shares +0.1% · price +5.6% | 4.0% | $842.3M | +$44.5M | ||||||||
| Costar Group IncCOM · shares −0.8% · price +1.8% | 3.7% | $774.0M | +$13.4M | ||||||||
| Idexx Labs IncCOM · shares 0% · price −3.7% | 3.5% | $734.9M | −$28.0M | ||||||||
| TeslaCOM · shares −0.01% · price −5.7% | 2.6% | $546.4M | −$32.9M | ||||||||
| FactSetCOM · shares +0.3% · price +8.4% | 2.6% | $540.8M | +$41.7M | ||||||||
| Guidewire SoftwareCOM · shares +3.1% · price +13.3% | 1.9% | $395.7M | +$45.1M | ||||||||
| Mettler Toledo InternationalCOM · shares −0.04% · price +6.4% | 1.8% | $385.9M | +$23.2M | ||||||||
| Gaming & Leisure Pptys IncCOM · shares −1.3% · price −2.1% | 1.8% | $384.5M | −$8.1M | ||||||||
| Bright Horizons Fam Sol In DCOM · shares −0.03% · price +11.7% | 1.6% | $347.2M | +$36.2M | ||||||||
| Ansys IncCOM · shares −0.2% · price +0.9% | 1.5% | $321.2M | +$2.7M | ||||||||
| Choice Hotels Intl IncCOM · shares 0% · price −0.5% | 1.5% | $307.6M | −$1.7M | ||||||||
| AlibabaSPONSORED ADR · shares +25% · price +22.6% | 1.4% | $298.4M | +$43.9M | ||||||||
| Schwab Charles Corp NewCOM · shares +1.6% · price +1.8% | 1.4% | $293.2M | +$5.1M | ||||||||
| Ss&C Technologies Holdings IncCOM · shares −0.8% · price +4.5% | 1.4% | $292.4M | +$12.7M | ||||||||
| Hyatt Hotels CorpCOM CL A · shares +0.4% · price +9.9% | 1.3% | $275.4M | +$24.8M | ||||||||
| Marriott Vacations Worldwide CCOM · shares +0.6% · price +5.8% | 1.3% | $269.3M | +$14.6M | ||||||||
| Manchester United Plc NewORD CL A · shares −0.2% · price +10.8% | 1.2% | $258.6M | +$25.1M | ||||||||
| Msci IncCL A · shares 0% · price +13.5% | 1.2% | $258.5M | +$30.8M | ||||||||
| Douglas Emmett IncCOM · shares −0.00% · price +3.2% | 1.1% | $240.5M | +$7.4M | ||||||||
| Primerica IncCOM · shares −0.01% · price +7.7% | 1.0% | $218.2M | +$15.5M | ||||||||
| Sba Communications CorpCOM · shares −1.2% · price +6.8% | 0.97% | $204.9M | +$13.0M | ||||||||
| Maximus IncCOM · shares −0.8% · price +3.0% | 0.95% | $200.4M | +$5.8M | ||||||||
| Bio Techne CorpCOM · shares +1.4% · price +2.9% | 0.87% | $183.8M | +$5.1M | ||||||||
| Total · 318 positions | 100% | $21.07B | +$767.9M |
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 Q2 2017 to Q3 2017: 305 stocks held throughout, up $767.9M (+4.0%).
- Vail Resorts Inc+$129.9M+12%
- Guidewire Software+$45.1M+13%
- Arch Cap Group Ltd+$44.5M+6%
- Alibaba+$43.9M+23%
- FactSet+$41.7M+8%
- Zillow Group Inc−$24.8M−18%
- Idexx Labs Inc−$28.0M−4%
- Tesla−$32.9M−6%
- Henry Schein Inc−$36.4M−55%
- Under Armour Inc−$36.7M−24%
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 ↗ |