13F filer · CIK 1017918 ↗
Baron Capital
You are looking at Q2 2021. See the latest, Q2 2026 →
Reported value
$43.68B
+7.7% on the quarter before
Positions
401
43 new · 36 sold out
Top 10
33.5%
of the value
Est. gain
+$2.84B
on stocks held all quarter
Est. return
+7.4%
on those stocks since Q1 2021
Positions as of Jun 30, 2021, 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, 49% of the reported value, each sized by its share, colored by what the fund did with it since Q1 2021. Striped tiles are options.
Largest buys
Since Q1 2021, 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.
- RingCentral~$131.7MAdded · 0.5% → 0.8%+453,242 shares
- Carlyle Group Inc~$114.2MNew · 0.0% → 0.3%+2,457,796 shares
- Zymergen Inc~$106.7MNew · 0.0% → 0.2%+2,666,218 shares
- Sofi Technologies Inc~$95.9MNew · 0.0% → 0.2%+5,000,000 shares
- Opendoor Technologies Inc~$65.7MNew · 0.0% → 0.2%+3,704,603 shares
- Dlocal Ltd~$59.2MNew · 0.0% → 0.1%+1,127,249 shares
- Janus International Group In~$55.0MNew · 0.0% → 0.1%+4,000,000 shares
- Figs Inc~$54.2MNew · 0.0% → 0.1%+1,080,997 shares
- Avalara Inc~$53.0MAdded · 0.1% → 0.2%+327,455 shares
- Jbg Smith Pptys~$50.0MNew · 0.0% → 0.1%+1,585,800 shares
Largest sells
Since Q1 2021, 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~$135.3MCut · 3.5% → 3.9%−214,247 shares
- Opendoor Technologies Inc~$100.7MCut · 0.3% → 0.0%−5,678,556 shares
- Pagseguro Digital Ltd~$91.8MCut · 0.2% → 0.0%−1,641,739 shares
- Carlyle Group L P~$91.7MSold out · 0.2% → 0.0%−2,493,512 shares
- Splunk Inc~$62.8MCut · 0.2% → 0.0%−434,549 shares
- Penn Natl Gaming Inc~$62.7MCut · 2.9% → 1.8%−819,818 shares
- Wix Com Ltd~$61.2MCut · 1.1% → 1.0%−210,760 shares
- Zto Express Cayman Inc~$54.2MSold out · 0.1% → 0.0%−1,860,104 shares
- Meta~$51.2MCut · 0.5% → 0.4%−147,252 shares
- Costar Group Inc~$50.5MCut · 3.9% → 3.6%−609,330 shares
Holdings
As of Jun 30, 2021. Changes are in shares against Mar 31, 2021, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| TeslaCOM · shares −0.2% · price +1.8% | 9.6% | $4.17B | +$72.3M | ||||||||
| Idexx Labs IncCOM · shares −7.4% · price +29.1% | 3.9% | $1.70B | +$383.5M | ||||||||
| Costar Group IncCOM · shares −3.1% · price +0.8% | 3.6% | $1.56B | +$11.9M | ||||||||
| Vail Resorts IncCOM · shares −0.6% · price +8.5% | 3.2% | $1.41B | +$110.9M | ||||||||
| GartnerCOM · shares −2.3% · price +32.7% | 3.1% | $1.34B | +$330.0M | ||||||||
| Msci IncCL A · shares −1.9% · price +27.1% | 2.7% | $1.17B | +$249.8M | ||||||||
| FactSetCOM · shares −0.03% · price +8.8% | 2.1% | $900.2M | +$72.5M | ||||||||
| Arch Cap Group LtdORD · shares −0.2% · price +1.5% | 1.9% | $832.9M | +$12.2M | ||||||||
| Penn Natl Gaming IncCOM · shares −7.3% · price −27.0% | 1.8% | $800.4M | −$296.6M | ||||||||
| Ansys IncCOM · shares −3.7% · price +2.2% | 1.7% | $742.0M | +$16.0M | ||||||||
| Bio Techne CorpCOM · shares +0.2% · price +17.9% | 1.5% | $674.5M | +$102.2M | ||||||||
| Guidewire SoftwareCOM · shares +0.3% · price +10.9% | 1.5% | $644.1M | +$63.2M | ||||||||
| Choice Hotels Intl IncCOM · shares −0.2% · price +10.8% | 1.3% | $551.3M | +$53.7M | ||||||||
| AlibabaSPONSORED ADR · shares +0.9% · price +0.0% | 1.2% | $527.8M | +$115,827 | ||||||||
| Mettler Toledo InternationalCOM · shares −4.7% · price +19.9% | 1.2% | $527.6M | +$87.5M | ||||||||
| Schwab Charles Corp NewCOM · shares −0.2% · price +11.7% | 1.1% | $489.4M | +$51.3M | ||||||||
| Iridium Communications IncCOM · shares −6.8% · price −3.1% | 1.1% | $469.8M | −$14.8M | ||||||||
| West Pharmaceutical Svsc IncCOM · shares −0.1% · price +27.4% | 1.0% | $454.0M | +$97.8M | ||||||||
| Marriott Vacations Worldwide CCOM · shares +5.4% · price −8.5% | 0.99% | $432.2M | −$38.3M | ||||||||
| Wix Com LtdSHS · shares −13% · price +4.0% | 0.97% | $422.0M | +$16.1M | ||||||||
| Gaming & Leisure Pptys IncCOM · shares −0.06% · price +9.2% | 0.94% | $409.3M | +$34.4M | ||||||||
| Trex Co IncCOM · shares −11% · price +11.7% | 0.87% | $381.6M | +$39.8M | ||||||||
| Bright Horizons Fam Sol In DCOM · shares −4.4% · price −14.2% | 0.87% | $379.2M | −$62.7M | ||||||||
| Zillow Group IncCL A · shares −0.00% · price −6.7% | 0.86% | $373.8M | −$27.0M | ||||||||
| Gds Hldgs LtdSPONSORED ADR · shares −4.3% · price −3.2% | 0.84% | $367.7M | −$12.2M | ||||||||
| Total · 401 positions | 100% | $43.68B | +$2.84B |
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 2021 to Q2 2021: 358 stocks held throughout, up $2.84B (+7.4%).
- Idexx Labs Inc+$383.5M+29%
- Gartner+$330.0M+33%
- Msci Inc+$249.8M+27%
- Vail Resorts Inc+$110.9M+9%
- Bio Techne Corp+$102.2M+18%
- Guardant Health Inc−$32.4M−19%
- Marriott Vacations Worldwide C−$38.3M−9%
- Tripadvisor Inc−$60.4M−25%
- Bright Horizons Fam Sol In D−$62.7M−14%
- Penn Natl Gaming Inc−$296.6M−27%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 3 splits 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 ↗ |