13F filer · CIK 1017918 ↗
Baron Capital
You are looking at Q3 2022. See the latest, Q2 2026 →
Reported value
$30.95B
−0.6% on the quarter before
Positions
370
15 new · 16 sold out
Top 10
43.1%
of the value
Est. gain
+$217.6M
on stocks held all quarter
Est. return
+0.7%
on those stocks since Q2 2022
Positions as of Sep 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, 59% of the reported value, each sized by its share, colored by what the fund did with it since Q2 2022. Striped tiles are options.
Largest buys
Since Q2 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~$138.4MNew · 0.0% → 0.4%+580,972 shares
- Figs Inc~$109.9MAdded · 0.1% → 0.4%+13,316,794 shares
- Marriott Vacations Worldwide C~$23.4MAdded · 0.9% → 1.1%+191,995 shares
- Prologis~$21.6MAdded · 0.1% → 0.2%+213,005 shares
- Shopify Inc~$20.6MAdded · 0.3% → 0.3%+763,569 shares
- Texas Roadhouse Inc~$18.8MAdded · 0.0% → 0.1%+215,278 shares
- Smartsheet Inc~$17.7MNew · 0.0% → 0.1%+515,743 shares
- Netstreit Corp~$17.1MAdded · 0.0% → 0.1%+958,318 shares
- Cheesecake Factory Inc~$16.5MAdded · 0.2% → 0.3%+562,138 shares
- Krispy Kreme Inc~$14.7MAdded · 0.1% → 0.2%+1,271,995 shares
Largest sells
Since Q2 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~$106.7MSold out · 0.3% → 0.0%−580,685 shares
- Wix Com Ltd~$42.4MCut · 0.2% → 0.1%−541,680 shares
- Avalara Inc~$35.8MCut · 0.1% → 0.0%−389,814 shares
- Rivian Automotive Inc~$34.6MCut · 0.4% → 0.4%−1,052,439 shares
- Ventas Inc~$31.5MSold out · 0.1% → 0.0%−612,604 shares
- Ss&C Technologies Holdings Inc~$26.3MCut · 0.5% → 0.3%−550,974 shares
- Coupang Inc~$25.9MCut · 0.3% → 0.3%−1,552,973 shares
- Pegasystems~$25.2MCut · 0.1% → 0.0%−782,457 shares
- Digital Realty~$24.1MCut · 0.1% → 0.0%−243,500 shares
- Twilio~$22.5MCut · 0.1% → 0.0%−325,590 shares
Holdings
As of Sep 30, 2022. Changes are in shares against Jun 30, 2022, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| TeslaCOM · shares +0.2% · price +18.2% | 15.0% | $4.63B | +$710.6M | ||||||||
| GartnerCOM · shares −0.1% · price +14.4% | 4.6% | $1.43B | +$180.3M | ||||||||
| Costar Group IncCOM · shares +0.09% · price +15.3% | 4.3% | $1.34B | +$177.8M | ||||||||
| FactSetCOM · shares +0.4% · price +4.0% | 3.5% | $1.07B | +$41.6M | ||||||||
| Vail Resorts IncCOM · shares +0.7% · price −1.1% | 3.2% | $1.00B | −$11.1M | ||||||||
| Arch Cap Group LtdORD · shares +0.01% · price +0.1% | 3.2% | $978.8M | +$1.1M | ||||||||
| Msci IncCL A · shares −0.7% · price +2.3% | 3.0% | $920.4M | +$21.0M | ||||||||
| Idexx Labs IncCOM · shares −1.3% · price −7.1% | 2.5% | $777.8M | −$59.5M | ||||||||
| Iridium Communications IncCOM · shares −0.00% · price +18.1% | 2.1% | $644.3M | +$98.9M | ||||||||
| Kinsale Cap Group IncCOM · shares −0.01% · price +11.2% | 1.8% | $548.5M | +$55.4M | ||||||||
| Choice Hotels Intl IncCOM · shares −0.01% · price −1.9% | 1.6% | $503.4M | −$9.7M | ||||||||
| Schwab Charles Corp NewCOM · shares +1.6% · price +13.8% | 1.6% | $483.6M | +$57.6M | ||||||||
| Hyatt Hotels CorpCOM CL A · shares −2.2% · price +9.5% | 1.4% | $425.8M | +$37.1M | ||||||||
| Ansys IncCOM · shares −0.01% · price −7.4% | 1.4% | $419.9M | −$33.3M | ||||||||
| Bio Techne CorpCOM · shares −1.7% · price −18.1% | 1.3% | $405.3M | −$89.4M | ||||||||
| Gaming & Leisure Pptys IncCOM · shares −1.5% · price −3.5% | 1.3% | $394.6M | −$14.5M | ||||||||
| Guidewire SoftwareCOM · shares −1.3% · price −13.3% | 1.2% | $374.6M | −$57.2M | ||||||||
| Mettler Toledo InternationalCOM · shares −4.1% · price −5.6% | 1.2% | $373.2M | −$22.3M | ||||||||
| Marriott Vacations Worldwide CCOM · shares +7.6% · price +4.9% | 1.1% | $332.9M | +$14.4M | ||||||||
| Red Rock Resorts IncCL A · shares −0.3% · price +2.7% | 0.93% | $286.4M | +$7.5M | ||||||||
| West Pharmaceutical Svsc IncCOM · shares −1.1% · price −18.6% | 0.92% | $285.3M | −$65.3M | ||||||||
| TSMCSPONSORED ADR · shares −6.6% · price −16.1% | 0.81% | $250.2M | −$48.1M | ||||||||
| Morningstar IncCOM · shares −0.4% · price −12.2% | 0.79% | $244.3M | −$33.9M | ||||||||
| Primerica IncCOM · shares −2.7% · price +3.1% | 0.79% | $243.9M | +$7.4M | ||||||||
| Penn Entertainment IncCOM · shares −1.4% · price −9.6% | 0.76% | $235.8M | −$24.9M | ||||||||
| Total · 370 positions | 100% | $30.95B | +$217.6M |
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 Q2 2022 to Q3 2022: 353 stocks held throughout, up $217.6M (+0.7%).
- Tesla3:1 split+$710.6M+18%
- Gartner+$180.3M+14%
- Costar Group Inc+$177.8M+15%
- Iridium Communications Inc+$98.9M+18%
- Schwab Charles Corp New+$57.6M+14%
- Bright Horizons Fam Sol In D−$62.3M−32%
- West Pharmaceutical Svsc Inc−$65.3M−19%
- Alibaba−$69.3M−30%
- Alphabet12:1 split−$71.5M−47%
- Bio Techne Corp−$89.4M−18%
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 ↗ |