13F filer · CIK 1017918 ↗
Baron Capital
You are looking at Q1 2018. See the latest, Q2 2026 →
Reported value
$21.73B
+0.2% on the quarter before
Positions
352
61 new · 28 sold out
Top 10
30.8%
of the value
Est. gain
+$571.6M
on stocks held all quarter
Est. return
+2.8%
on those stocks since Q4 2017
Positions as of Mar 31, 2018, 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 2017. Striped tiles are options.
Largest buys
Since Q4 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.
- Pagseguro Digital Ltd~$98.4MNew · 0.0% → 0.5%+2,567,064 shares
- Booking Hldgs Inc~$73.9MNew · 0.0% → 0.3%+35,528 shares
- Worldpay Inc~$72.4MNew · 0.0% → 0.3%+880,829 shares
- Hudson Ltd~$44.3MNew · 0.0% → 0.2%+2,785,000 shares
- Gci Liberty Inc~$35.3MNew · 0.0% → 0.2%+667,318 shares
- Amazon~$34.7MAdded · 0.3% → 0.5%+24,005 shares
- Momo Inc~$34.0MNew · 0.0% → 0.2%+908,466 shares
- Waters Corp~$33.5MNew · 0.0% → 0.2%+168,468 shares
- Installed Bldg Prods Inc~$30.0MAdded · 0.1% → 0.2%+500,000 shares
- Houlihan Lokey Inc~$29.2MAdded · 0.1% → 0.2%+655,339 shares
Largest sells
Since Q4 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.
- Priceline Grp Inc~$72.9MSold out · 0.3% → 0.0%−41,948 shares
- Vantiv Inc~$63.0MSold out · 0.3% → 0.0%−856,830 shares
- Baidu~$57.1MCut · 0.9% → 0.6%−255,618 shares
- Masonite International Corp~$55.9MCut · 0.6% → 0.2%−910,846 shares
- Ctrip Com Intl Ltd~$44.3MCut · 0.2% → 0.0%−949,561 shares
- Idexx Labs Inc~$43.9MCut · 3.4% → 3.9%−229,326 shares
- Liberty Media Corp Delaware~$43.6MSold out · 0.2% → 0.0%−1,100,000 shares
- Cbre Group Inc~$40.5MCut · 0.5% → 0.4%−856,954 shares
- Macquarie Infrastructure Cor~$40.1MSold out · 0.2% → 0.0%−624,519 shares
- Welbilt Inc~$37.6MSold out · 0.2% → 0.0%−1,600,000 shares
Holdings
As of Mar 31, 2018. Changes are in shares against Dec 31, 2017, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Vail Resorts IncCOM · shares −2.8% · price +4.3% | 5.1% | $1.10B | +$45.9M | ||||||||
| Costar Group IncCOM · shares −3.6% · price +22.1% | 4.2% | $917.6M | +$166.3M | ||||||||
| Idexx Labs IncCOM · shares −4.9% · price +22.4% | 3.9% | $855.8M | +$156.6M | ||||||||
| GartnerCOM · shares −1.6% · price −4.5% | 3.8% | $815.4M | −$38.3M | ||||||||
| Arch Cap Group LtdORD · shares −4.3% · price −5.7% | 3.2% | $690.8M | −$41.8M | ||||||||
| FactSetCOM · shares −3.2% · price +3.5% | 2.7% | $579.4M | +$19.3M | ||||||||
| Guidewire SoftwareCOM · shares +3.0% · price +8.8% | 2.4% | $519.4M | +$41.0M | ||||||||
| TeslaCOM · shares +2.8% · price −14.5% | 2.0% | $441.1M | −$72.9M | ||||||||
| Ansys IncCOM · shares −4.3% · price +6.2% | 1.8% | $392.0M | +$22.8M | ||||||||
| Choice Hotels Intl IncCOM · shares +0.3% · price +3.3% | 1.8% | $388.5M | +$12.3M | ||||||||
| Hyatt Hotels CorpCOM CL A · shares +6.0% · price +3.7% | 1.7% | $360.1M | +$12.1M | ||||||||
| Gaming & Leisure Pptys IncCOM · shares −0.01% · price −9.5% | 1.6% | $348.1M | −$36.7M | ||||||||
| Bright Horizons Fam Sol In DCOM · shares −9.8% · price +6.1% | 1.6% | $345.2M | +$19.8M | ||||||||
| Ss&C Technologies Holdings IncCOM · shares −3.6% · price +32.5% | 1.6% | $344.6M | +$84.5M | ||||||||
| Mettler Toledo InternationalCOM · shares −2.7% · price −7.2% | 1.6% | $344.3M | −$26.6M | ||||||||
| Schwab Charles Corp NewCOM · shares −0.10% · price +1.7% | 1.6% | $339.8M | +$5.5M | ||||||||
| Msci IncCL A · shares −0.1% · price +18.1% | 1.5% | $333.1M | +$51.1M | ||||||||
| Marriott Vacations Worldwide CCOM · shares −0.08% · price −1.5% | 1.3% | $287.8M | −$4.3M | ||||||||
| AlibabaSPONSORED ADR · shares −5.3% · price +6.4% | 1.3% | $272.4M | +$16.5M | ||||||||
| Manchester United Plc NewORD CL A · shares −1.3% · price −3.0% | 1.2% | $270.9M | −$8.5M | ||||||||
| Primerica IncCOM · shares −3.8% · price −4.9% | 1.1% | $249.3M | −$12.8M | ||||||||
| Red Rock Resorts IncCL A · shares −1.6% · price −13.2% | 1.1% | $232.7M | −$35.4M | ||||||||
| Bio Techne CorpCOM · shares +0.2% · price +16.6% | 1.1% | $229.6M | +$32.6M | ||||||||
| Douglas Emmett IncCOM · shares −0.3% · price −10.5% | 1.0% | $223.7M | −$26.2M | ||||||||
| Sba Communications CorpCOM · shares −11% · price +4.6% | 0.96% | $209.0M | +$9.2M | ||||||||
| Total · 352 positions | 100% | $21.73B | +$571.6M |
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 2017 to Q1 2018: 290 stocks held throughout, up $571.6M (+2.8%).
- Costar Group Inc+$166.3M+22%
- Idexx Labs Inc+$156.6M+22%
- Ss&C Technologies Holdings Inc+$84.5M+33%
- Msci Inc+$51.1M+18%
- 2u Inc+$47.9M+30%
- Red Rock Resorts Inc−$35.4M−13%
- Gaming & Leisure Pptys Inc−$36.7M−10%
- Gartner−$38.3M−4%
- Arch Cap Group Ltd−$41.8M−6%
- Tesla−$72.9M−15%
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 ↗ |