13F filer · CIK 1017918 ↗
Baron Capital
You are looking at Q2 2022. See the latest, Q2 2026 →
Reported value
$31.14B
−24% on the quarter before
Positions
371
18 new · 35 sold out
Top 10
39.0%
of the value
Est. gain
−$9.22B
on stocks held all quarter
Est. return
−23.8%
on those stocks since Q1 2022
Positions as of Jun 30, 2022, 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, 56% of the reported value, each sized by its share, colored by what the fund did with it since Q1 2022. Striped tiles are options.
Largest buys
Since Q1 2022, 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.
- Siteone Landscape Supply Inc~$78.3MAdded · 0.4% → 0.7%+659,006 shares
- Shopify Inc~$74.6MAdded · 0.6% → 0.3%+2,387,836 shares
- Coupang Inc~$70.9MAdded · 0.1% → 0.3%+5,557,569 shares
- Floor & Decor Hldgs Inc~$44.7MAdded · 0.4% → 0.5%+710,016 shares
- Asgn Inc~$43.6MAdded · 0.5% → 0.6%+482,901 shares
- Chart Inds Inc~$42.2MAdded · 0.0% → 0.2%+252,020 shares
- The Beauty Health Company~$37.7MAdded · 0.2% → 0.3%+2,929,313 shares
- Digital Realty~$36.8MAdded · 0.0% → 0.1%+283,154 shares
- Lufax Holding Ltd~$34.4MNew · 0.0% → 0.1%+5,726,282 shares
- Avalonbay Cmntys Inc~$29.2MAdded · 0.0% → 0.1%+150,425 shares
Largest sells
Since Q1 2022, 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.
- Aspen Technology Inc~$122.1MCut · 0.5% → 0.3%−664,774 shares
- Travel Plus Leisure Co~$62.1MSold out · 0.2% → 0.0%−1,071,221 shares
- Penn Natl Gaming Inc~$58.5MCut · 1.1% → 0.8%−1,922,022 shares
- Six Flags Entmt Corp New~$54.4MSold out · 0.1% → 0.0%−1,250,103 shares
- TSMC~$50.6MCut · 1.2% → 1.0%−619,459 shares
- Boyd Gaming Corp~$49.5MCut · 0.5% → 0.4%−995,876 shares
- Manchester United Plc New~$44.8MCut · 0.2% → 0.1%−4,029,782 shares
- American Campus Cmntys Inc~$43.0MCut · 0.1% → 0.0%−666,169 shares
- Howard Hughes Corp~$42.7MSold out · 0.1% → 0.0%−411,740 shares
- Caesars Entertainment Inc Ne~$40.7MSold out · 0.1% → 0.0%−525,799 shares
Holdings
As of Jun 30, 2022. Changes are in shares against Mar 31, 2022, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| TeslaCOM · shares +0.2% · price −37.5% | 12.6% | $3.91B | −$2.34B | ||||||||
| GartnerCOM · shares −1.8% · price −18.7% | 4.0% | $1.25B | −$288.0M | ||||||||
| Costar Group IncCOM · shares +2.1% · price −9.3% | 3.7% | $1.16B | −$116.9M | ||||||||
| FactSetCOM · shares −0.00% · price −11.4% | 3.3% | $1.03B | −$132.6M | ||||||||
| Vail Resorts IncCOM · shares +0.01% · price −16.2% | 3.2% | $1.01B | −$195.3M | ||||||||
| Arch Cap Group LtdORD · shares −0.07% · price −6.1% | 3.1% | $977.6M | −$63.0M | ||||||||
| Msci IncCL A · shares −0.6% · price −18.0% | 2.9% | $905.5M | −$199.3M | ||||||||
| Idexx Labs IncCOM · shares −2.4% · price −35.9% | 2.7% | $848.8M | −$475.1M | ||||||||
| Iridium Communications IncCOM · shares −0.00% · price −6.8% | 1.8% | $545.5M | −$40.1M | ||||||||
| Choice Hotels Intl IncCOM · shares −0.6% · price −21.3% | 1.6% | $513.1M | −$138.5M | ||||||||
| Bio Techne CorpCOM · shares −1.2% · price −20.0% | 1.6% | $503.1M | −$125.4M | ||||||||
| Kinsale Cap Group IncCOM · shares +1.6% · price +0.7% | 1.6% | $493.2M | +$3.4M | ||||||||
| Ansys IncCOM · shares −4.1% · price −24.7% | 1.5% | $453.3M | −$148.4M | ||||||||
| Guidewire SoftwareCOM · shares +6.0% · price −25.0% | 1.4% | $437.5M | −$137.4M | ||||||||
| Schwab Charles Corp NewCOM · shares +1.9% · price −25.1% | 1.3% | $418.4M | −$137.3M | ||||||||
| Gaming & Leisure Pptys IncCOM · shares +1.0% · price −2.3% | 1.3% | $415.3M | −$9.6M | ||||||||
| Mettler Toledo InternationalCOM · shares −2.0% · price −16.3% | 1.3% | $412.4M | −$80.6M | ||||||||
| Hyatt Hotels CorpCOM CL A · shares −1.3% · price −22.6% | 1.3% | $397.6M | −$115.9M | ||||||||
| West Pharmaceutical Svsc IncCOM · shares −0.01% · price −26.4% | 1.1% | $354.2M | −$126.9M | ||||||||
| TSMCSPONSORED ADR · shares −14% · price −21.6% | 1.0% | $319.6M | −$88.0M | ||||||||
| Marriott Vacations Worldwide CCOM · shares −12% · price −26.3% | 0.95% | $295.2M | −$105.4M | ||||||||
| Red Rock Resorts IncCL A · shares +6.6% · price −31.3% | 0.90% | $279.8M | −$119.6M | ||||||||
| Morningstar IncCOM · shares −0.9% · price −11.5% | 0.90% | $279.4M | −$36.2M | ||||||||
| Penn Natl Gaming IncCOM · shares −18% · price −28.3% | 0.85% | $264.5M | −$104.3M | ||||||||
| Primerica IncCOM · shares −1.5% · price −12.5% | 0.78% | $243.0M | −$34.8M | ||||||||
| Total · 371 positions | 100% | $31.14B | −$9.22B |
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 2022 to Q2 2022: 351 stocks held throughout, down $9.22B (−23.8%).
- Full Truck Alliance Co Ltd+$29.3M+36%
- Argenx Se+$26.7M+20%
- Baidu+$14.4M+12%
- Yum China Hldgs Inc+$11.1M+17%
- Aspen Technology Inc+$10.6M+11%
- Msci Inc−$199.3M−18%
- Shopify Inc−$228.3M−95%
- Gartner−$288.0M−19%
- Idexx Labs Inc−$475.1M−36%
- Tesla−$2.34B−38%
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 ↗ |