13F filer · CIK 1017918 ↗
Baron Capital
You are looking at Q1 2019. See the latest, Q2 2026 →
Reported value
$23.59B
+19% on the quarter before
Positions
357
18 new · 30 sold out
Top 10
32.3%
of the value
Est. gain
+$3.82B
on stocks held all quarter
Est. return
+20.3%
on those stocks since Q4 2018
Positions as of Mar 31, 2019, 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, 51% of the reported value, each sized by its share, colored by what the fund did with it since Q4 2018. Striped tiles are options.
Largest buys
Since Q4 2018, 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.
- Alibaba~$63.4MAdded · 0.8% → 1.2%+347,594 shares
- Gds Hldgs Ltd~$59.5MAdded · 0.1% → 0.3%+1,665,931 shares
- Churchill Cap Corp~$47.0MNew · 0.0% → 0.2%+3,500,000 shares
- MercadoLibre~$44.6MAdded · 0.0% → 0.2%+87,935 shares
- Spotify Technology S A~$34.1MAdded · 0.0% → 0.2%+245,752 shares
- Siteone Landscape Supply Inc~$33.9MAdded · 0.4% → 0.5%+593,332 shares
- Neogen Corp~$22.7MAdded · 0.2% → 0.2%+395,641 shares
- Iac Interactivecorp~$21.0MAdded · 0.1% → 0.2%+99,854 shares
- Angi Homeservices Inc~$20.4MNew · 0.0% → 0.1%+1,323,207 shares
- Nokia Corp~$19.4MAdded · 0.2% → 0.3%+3,399,330 shares
Largest sells
Since Q4 2018, 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.
- Maximus Inc~$104.9MCut · 0.7% → 0.2%−1,477,569 shares
- Baidu~$63.2MSold out · 0.3% → 0.0%−398,747 shares
- America Movil Sab De Cv~$58.9MSold out · 0.3% → 0.0%−4,129,931 shares
- Ultimate Software Group Inc~$57.3MCut · 0.6% → 0.5%−173,443 shares
- Shutterfly Inc~$40.3MSold out · 0.2% → 0.0%−1,000,000 shares
- TSMC~$34.3MCut · 0.6% → 0.5%−838,269 shares
- American Tower~$31.9MCut · 0.2% → 0.1%−161,909 shares
- The Trade Desk~$29.5MCut · 0.5% → 0.6%−148,928 shares
- Gartner~$27.8MCut · 4.5% → 4.3%−183,391 shares
- Idexx Labs Inc~$25.6MCut · 3.9% → 3.8%−114,303 shares
Holdings
As of Mar 31, 2019. Changes are in shares against Dec 31, 2018, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Costar Group IncCOM · shares −0.09% · price +38.3% | 4.8% | $1.14B | +$316.1M | ||||||||
| Vail Resorts IncCOM · shares −0.4% · price +3.1% | 4.5% | $1.06B | +$31.5M | ||||||||
| GartnerCOM · shares −2.6% · price +18.6% | 4.3% | $1.02B | +$161.0M | ||||||||
| Idexx Labs IncCOM · shares −2.8% · price +20.2% | 3.8% | $898.2M | +$151.0M | ||||||||
| Arch Cap Group LtdORD · shares −2.4% · price +21.0% | 3.1% | $732.1M | +$126.9M | ||||||||
| FactSetCOM · shares +1.2% · price +24.1% | 3.1% | $723.8M | +$138.7M | ||||||||
| Guidewire SoftwareCOM · shares +0.8% · price +21.1% | 2.8% | $649.0M | +$112.2M | ||||||||
| Ansys IncCOM · shares +2.7% · price +27.8% | 2.0% | $475.0M | +$100.7M | ||||||||
| TeslaCOM · shares −1.1% · price −15.9% | 2.0% | $460.4M | −$87.1M | ||||||||
| Msci IncCL A · shares −0.00% · price +34.9% | 1.9% | $448.0M | +$115.8M | ||||||||
| Ss&C Technologies Holdings IncCOM · shares +1.6% · price +41.2% | 1.7% | $400.4M | +$115.0M | ||||||||
| Gaming & Leisure Pptys IncCOM · shares −0.8% · price +19.4% | 1.7% | $398.8M | +$64.7M | ||||||||
| Mettler Toledo InternationalCOM · shares −1.7% · price +27.8% | 1.7% | $390.7M | +$85.1M | ||||||||
| Bright Horizons Fam Sol In DCOM · shares −0.8% · price +14.1% | 1.6% | $384.0M | +$47.3M | ||||||||
| Choice Hotels Intl IncCOM · shares +1.0% · price +8.6% | 1.6% | $380.3M | +$29.8M | ||||||||
| Hyatt Hotels CorpCOM CL A · shares −1.8% · price +7.4% | 1.4% | $330.9M | +$22.7M | ||||||||
| Bio Techne CorpCOM · shares +2.2% · price +37.2% | 1.3% | $311.4M | +$82.6M | ||||||||
| Primerica IncCOM · shares −0.2% · price +25.0% | 1.3% | $303.5M | +$60.7M | ||||||||
| Marriott Vacations Worldwide CCOM · shares −0.6% · price +32.6% | 1.3% | $301.6M | +$74.2M | ||||||||
| Schwab Charles Corp NewCOM · shares −0.03% · price +3.0% | 1.2% | $281.0M | +$8.1M | ||||||||
| AlibabaSPONSORED ADR · shares +30% · price +33.1% | 1.2% | $271.4M | +$51.7M | ||||||||
| Manchester United Plc NewORD CL A · shares −1.4% · price +1.3% | 1.1% | $256.6M | +$3.2M | ||||||||
| Iridium Communications IncCOM · shares −0.05% · price +43.3% | 1.0% | $246.4M | +$74.5M | ||||||||
| Douglas Emmett IncCOM · shares −0.6% · price +18.4% | 1.0% | $246.4M | +$38.3M | ||||||||
| Wix Com LtdSHS · shares −4.1% · price +33.8% | 1.0% | $241.7M | +$61.0M | ||||||||
| Total · 357 positions | 100% | $23.59B | +$3.82B |
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 2018 to Q1 2019: 338 stocks held throughout, up $3.82B (+20.3%).
- Costar Group Inc+$316.1M+38%
- Gartner+$161.0M+19%
- Idexx Labs Inc+$151.0M+20%
- FactSet+$138.7M+24%
- Arch Cap Group Ltd+$126.9M+21%
- Party City Holdco Inc−$4.4M−20%
- Cantel Medical Corp−$4.5M−10%
- Orion Engineered Carbons S A−$6.3M−25%
- Hudson Ltd−$10.2M−20%
- Tesla−$87.1M−16%
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 ↗ |