13F filer · CIK 1017918 ↗
Baron Capital
You are looking at Q1 2024. See the latest, Q2 2026 →
Reported value
$37.52B
−0.1% on the quarter before
Positions
332
17 new · 15 sold out
Top 10
41.2%
of the value
Est. gain
+$1.15B
on stocks held all quarter
Est. return
+3.2%
on those stocks since Q4 2023
Positions as of Mar 31, 2024, 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 Q4 2023. Striped tiles are options.
Largest buys
Since Q4 2023, 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.
- Cooper Cos Inc~$95.7MNew · 0.0% → 0.3%+943,282 shares
- Intapp Inc~$88.6MNew · 0.0% → 0.2%+2,583,231 shares
- Masimo Corp~$50.8MNew · 0.0% → 0.1%+345,800 shares
- Spotify Technology S A~$50.4MAdded · 0.3% → 0.6%+190,931 shares
- Tencent Music Entmt Group~$40.9MNew · 0.0% → 0.1%+3,651,224 shares
- Astera Labs~$37.1MNew · 0.0% → 0.1%+500,000 shares
- Procore~$36.3MAdded · 0.0% → 0.1%+441,256 shares
- Broadcom~$31.5MAdded · 0.0% → 0.1%+23,796 shares
- Exponent Inc~$25.9MNew · 0.0% → 0.1%+313,262 shares
- Vulcan Matls Co~$22.6MAdded · 0.0% → 0.1%+82,943 shares
Largest sells
Since Q4 2023, 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.
- Vertiv~$155.2MCut · 0.9% → 1.1%−1,900,000 shares
- TSMC~$149.2MCut · 0.6% → 0.4%−1,096,791 shares
- Marriott Vacations Worldwide~$140.7MCut · 0.3% → 0.0%−1,305,679 shares
- Idexx Labs Inc~$105.3MCut · 3.4% → 3.0%−195,066 shares
- Nvidia~$100.0MCut · 0.7% → 1.1%−110,715 shares
- Cooper Cos Inc~$95.0MSold out · 0.3% → 0.0%−251,098 shares
- Penn Entertainment Inc~$87.2MCut · 0.4% → 0.0%−4,789,345 shares
- Tesla~$86.3MCut · 11.7% → 8.1%−490,694 shares
- Gartner~$83.6MCut · 5.3% → 5.4%−175,459 shares
- Ansys Inc~$80.2MCut · 1.9% → 1.6%−231,030 shares
Holdings
As of Mar 31, 2024. Changes are in shares against Dec 31, 2023, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| TeslaCOM · shares −2.8% · price −29.3% | 8.1% | $3.03B | −$1.25B | ||||||||
| GartnerCOM · shares −4.0% · price +5.7% | 5.4% | $2.03B | +$108.6M | ||||||||
| Arch Cap Group LtdORD · shares −1.3% · price +24.5% | 5.2% | $1.94B | +$382.0M | ||||||||
| Costar Group IncCOM · shares −0.3% · price +10.5% | 5.0% | $1.87B | +$178.1M | ||||||||
| Msci IncCL A · shares −1.1% · price −0.9% | 3.4% | $1.26B | −$11.7M | ||||||||
| FactSetCOM · shares −1.5% · price −4.8% | 3.3% | $1.24B | −$62.0M | ||||||||
| Idexx Labs IncCOM · shares −8.5% · price −2.7% | 3.0% | $1.14B | −$31.8M | ||||||||
| Vail Resorts IncCOM · shares −2.5% · price +4.4% | 2.8% | $1.07B | +$44.9M | ||||||||
| Kinsale Cap Group IncCOM · shares −0.2% · price +56.7% | 2.7% | $1.01B | +$364.6M | ||||||||
| Hyatt Hotels CorpCOM CL A · shares −0.5% · price +22.4% | 2.3% | $858.3M | +$157.1M | ||||||||
| Guidewire SoftwareCOM · shares −2.3% · price +7.0% | 1.9% | $725.4M | +$47.7M | ||||||||
| Red Rock Resorts IncCL A · shares +0.5% · price +12.2% | 1.7% | $622.7M | +$67.2M | ||||||||
| Ansys IncCOM · shares −12% · price −4.3% | 1.6% | $609.7M | −$27.6M | ||||||||
| Choice Hotels Intl IncCOM · shares −1.2% · price +11.5% | 1.6% | $600.7M | +$62.0M | ||||||||
| Schwab Charles CorpCOM · shares −8.6% · price +5.1% | 1.4% | $537.6M | +$26.3M | ||||||||
| Primerica IncCOM · shares −0.2% · price +22.9% | 1.3% | $481.8M | +$89.9M | ||||||||
| Mettler Toledo InternationalCOM · shares −6.8% · price +9.8% | 1.1% | $405.5M | +$36.0M | ||||||||
| Morningstar IncCOM · shares −1.0% · price +7.7% | 1.1% | $403.6M | +$29.0M | ||||||||
| NvidiaCOM · shares −20% · price +82.5% | 1.1% | $403.1M | +$182.2M | ||||||||
| VertivCOM CL A · shares −28% · price +70.0% | 1.1% | $396.1M | +$163.2M | ||||||||
| Gaming & Leisure Pptys IncCOM · shares −1.3% · price −6.6% | 1.0% | $380.8M | −$27.1M | ||||||||
| West Pharmaceutical Svsc IncCOM · shares −11% · price +12.4% | 0.94% | $353.0M | +$38.9M | ||||||||
| Bio Techne CorpCOM · shares −6.6% · price −8.8% | 0.94% | $351.8M | −$33.8M | ||||||||
| Icon PlcSHS · shares −1.8% · price +18.7% | 0.87% | $325.9M | +$51.3M | ||||||||
| Iridium Communications IncCOM · shares −15% · price −36.4% | 0.83% | $312.0M | −$178.9M | ||||||||
| Total · 332 positions | 100% | $37.52B | +$1.15B |
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 2023 to Q1 2024: 315 stocks held throughout, up $1.15B (+3.2%).
- Arch Cap Group Ltd+$382.0M+24%
- Kinsale Cap Group Inc+$364.6M+57%
- Nvidia+$182.2M+82%
- Costar Group Inc+$178.1M+11%
- Vertiv+$163.2M+70%
- Figs Inc−$49.7M−28%
- FactSet−$62.0M−5%
- Endava Plc−$84.3M−51%
- Iridium Communications Inc−$178.9M−36%
- Tesla−$1.25B−29%
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 ↗ |