13F filer · CIK 1017918 ↗
Baron Capital
You are looking at Q2 2019. See the latest, Q2 2026 →
Reported value
$24.94B
+5.7% on the quarter before
Positions
361
30 new · 26 sold out
Top 10
33.8%
of the value
Est. gain
+$1.39B
on stocks held all quarter
Est. return
+6.2%
on those stocks since Q1 2019
Positions as of Jun 30, 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, 52% of the reported value, each sized by its share, colored by what the fund did with it since Q1 2019. Striped tiles are options.
Largest buys
Since Q1 2019, 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.
- Clarivate Analytics Plc~$61.5MNew · 0.0% → 0.2%+4,000,000 shares
- Trex Co Inc~$54.5MAdded · 0.5% → 0.8%+760,669 shares
- Iridium Communications Inc~$52.9MAdded · 1.0% → 1.1%+2,274,335 shares
- Helios Technologies Inc~$42.9MNew · 0.0% → 0.2%+925,000 shares
- Endava Plc~$40.7MAdded · 0.0% → 0.2%+1,011,684 shares
- Copa Holdings Sa~$35.8MAdded · 0.1% → 0.3%+366,623 shares
- Spotify Technology S A~$32.4MAdded · 0.2% → 0.3%+221,243 shares
- Anglogold Ashanti Ltd~$32.2MNew · 0.0% → 0.1%+1,810,563 shares
- Adaptive Biotechnologies Cor~$31.7MNew · 0.0% → 0.1%+656,800 shares
- Stoneco Ltd~$31.7MAdded · 0.2% → 0.2%+1,069,975 shares
Largest sells
Since Q1 2019, 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.
- Ultimate Software Group Inc~$111.8MSold out · 0.5% → 0.0%−338,797 shares
- 2u Inc~$54.6MCut · 0.9% → 0.2%−1,451,489 shares
- Churchill Cap Corp~$47.0MSold out · 0.2% → 0.0%−3,500,000 shares
- Itau Unibanco Hldg Sa~$44.3MSold out · 0.2% → 0.0%−5,025,943 shares
- Sun Hydraulics Corp~$40.9MSold out · 0.2% → 0.0%−880,000 shares
- Transdigm Group Inc~$36.3MCut · 0.5% → 0.4%−75,000 shares
- Oaktree Cap Group Llc~$26.2MCut · 0.4% → 0.3%−528,521 shares
- Gartner~$24.2MCut · 4.3% → 4.3%−150,306 shares
- Gaming & Leisure Pptys Inc~$22.7MCut · 1.7% → 1.5%−581,666 shares
- Idexx Labs Inc~$20.8MCut · 3.8% → 4.4%−75,589 shares
Holdings
As of Jun 30, 2019. Changes are in shares against Mar 31, 2019, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Costar Group IncCOM · shares −1.3% · price +18.8% | 5.4% | $1.34B | +$211.9M | ||||||||
| Idexx Labs IncCOM · shares −1.9% · price +23.1% | 4.4% | $1.09B | +$203.9M | ||||||||
| Vail Resorts IncCOM · shares −0.7% · price +2.7% | 4.3% | $1.08B | +$28.4M | ||||||||
| GartnerCOM · shares −2.2% · price +6.1% | 4.3% | $1.06B | +$61.1M | ||||||||
| FactSetCOM · shares −0.1% · price +15.4% | 3.3% | $834.3M | +$111.5M | ||||||||
| Arch Cap Group LtdORD · shares −1.2% · price +14.7% | 3.3% | $830.0M | +$106.5M | ||||||||
| Guidewire SoftwareCOM · shares −0.09% · price +4.3% | 2.7% | $676.6M | +$28.2M | ||||||||
| Msci IncCL A · shares −0.2% · price +20.1% | 2.2% | $536.8M | +$89.8M | ||||||||
| Ansys IncCOM · shares +0.03% · price +12.1% | 2.1% | $532.7M | +$57.5M | ||||||||
| Bright Horizons Fam Sol In DCOM · shares −1.1% · price +18.7% | 1.8% | $450.9M | +$71.0M | ||||||||
| Mettler Toledo InternationalCOM · shares −2.3% · price +16.2% | 1.8% | $443.4M | +$61.8M | ||||||||
| Choice Hotels Intl IncCOM · shares −0.01% · price +11.9% | 1.7% | $425.6M | +$45.3M | ||||||||
| Gaming & Leisure Pptys IncCOM · shares −5.6% · price +1.1% | 1.5% | $380.4M | +$4.0M | ||||||||
| TeslaCOM · shares −0.9% · price −20.2% | 1.5% | $364.3M | −$91.9M | ||||||||
| Ss&C Technologies Holdings IncCOM · shares −0.2% · price −9.5% | 1.4% | $361.4M | −$38.1M | ||||||||
| Hyatt Hotels CorpCOM CL A · shares −0.5% · price +4.9% | 1.4% | $345.2M | +$16.1M | ||||||||
| Bio Techne CorpCOM · shares +0.00% · price +5.0% | 1.3% | $327.0M | +$15.6M | ||||||||
| Marriott Vacations Worldwide CCOM · shares −2.0% · price +3.1% | 1.2% | $304.9M | +$9.2M | ||||||||
| Primerica IncCOM · shares −0.00% · price −1.8% | 1.2% | $298.1M | −$5.5M | ||||||||
| Wix Com LtdSHS · shares −1.6% · price +17.6% | 1.1% | $279.6M | +$41.9M | ||||||||
| AlibabaSPONSORED ADR · shares +7.8% · price −7.1% | 1.1% | $271.9M | −$19.3M | ||||||||
| Iridium Communications IncCOM · shares +24% · price −12.0% | 1.1% | $269.7M | −$29.6M | ||||||||
| Schwab Charles Corp NewCOM · shares +0.09% · price −6.0% | 1.1% | $264.3M | −$16.9M | ||||||||
| Sba Communications CorpCOM · shares −1.2% · price +12.6% | 1.0% | $256.3M | +$28.7M | ||||||||
| Douglas Emmett IncCOM · shares −1.9% · price −1.4% | 0.96% | $238.2M | −$3.5M | ||||||||
| Total · 361 positions | 100% | $24.94B | +$1.39B |
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 2019 to Q2 2019: 330 stocks held throughout, up $1.39B (+6.2%).
- Costar Group Inc+$211.9M+19%
- Idexx Labs Inc+$203.9M+23%
- FactSet+$111.5M+15%
- Arch Cap Group Ltd+$106.5M+15%
- Msci Inc+$89.8M+20%
- Gtt Communications Inc−$38.5M−49%
- Red Rock Resorts Inc−$40.0M−17%
- 2u Inc−$47.2M−47%
- Tesla−$91.9M−20%
- Benefitfocus Inc−$92.0M−45%
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 ↗ |