13F filer · CIK 1017918 ↗
Baron Capital
You are looking at Q2 2024. See the latest, Q2 2026 →
Reported value
$34.92B
−6.9% on the quarter before
Positions
329
22 new · 25 sold out
Top 10
40.7%
of the value
Est. gain
−$1.48B
on stocks held all quarter
Est. return
−4.2%
on those stocks since Q1 2024
Positions as of Jun 30, 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 Q1 2024. Striped tiles are options.
Largest buys
Since Q1 2024, 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.
- Apple~$62.8MAdded · 0.0% → 0.2%+298,283 shares
- Avalonbay Cmntys Inc~$61.3MAdded · 0.0% → 0.2%+296,324 shares
- Equity Residential~$57.8MAdded · 0.1% → 0.3%+833,839 shares
- Vail Resorts Inc~$45.7MAdded · 2.8% → 2.6%+253,521 shares
- American Tower~$42.1MAdded · 0.2% → 0.3%+216,655 shares
- Ibotta Inc~$38.9MNew · 0.0% → 0.1%+517,112 shares
- Martin Marietta Matls Inc~$37.4MNew · 0.0% → 0.1%+69,085 shares
- Vulcan Matls Co~$34.4MAdded · 0.1% → 0.2%+138,229 shares
- Nvidia~$28.3MAdded · 1.1% → 1.2%+229,309 shares
- Tempus AI~$27.5MNew · 0.0% → 0.1%+784,397 shares
Largest sells
Since Q1 2024, 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.
- Tesla~$336.7MCut · 8.1% → 8.8%−1,701,359 shares
- Boyd Gaming Corp~$98.7MCut · 0.3% → 0.0%−1,791,381 shares
- Vertiv~$90.9MCut · 1.1% → 0.9%−1,050,000 shares
- Toll Brothers Inc~$82.5MCut · 0.6% → 0.4%−715,926 shares
- Axonics Inc~$47.4MSold out · 0.1% → 0.0%−686,565 shares
- Prologis~$45.4MCut · 0.3% → 0.2%−404,359 shares
- West Pharmaceutical Svsc Inc~$42.4MCut · 0.9% → 0.7%−128,777 shares
- Kinsale Cap Group Inc~$40.4MCut · 2.7% → 2.0%−104,798 shares
- Mgm Resorts International~$38.0MCut · 0.3% → 0.2%−854,718 shares
- Astera Labs~$37.1MSold out · 0.1% → 0.0%−500,000 shares
Holdings
As of Jun 30, 2024. Changes are in shares against Mar 31, 2024, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| TeslaCOM · shares −9.9% · price +12.6% | 8.8% | $3.07B | +$342.8M | ||||||||
| Arch Cap Group LtdORD · shares −0.5% · price +9.1% | 6.0% | $2.11B | +$176.8M | ||||||||
| GartnerCOM · shares −1.6% · price −5.8% | 5.4% | $1.88B | −$115.5M | ||||||||
| Costar Group IncCOM · shares −0.3% · price −23.3% | 4.1% | $1.43B | −$432.8M | ||||||||
| FactSetCOM · shares −3.1% · price −10.1% | 3.1% | $1.08B | −$122.3M | ||||||||
| Msci IncCL A · shares −1.7% · price −14.0% | 3.1% | $1.07B | −$174.4M | ||||||||
| Idexx Labs IncCOM · shares −3.3% · price −9.8% | 2.8% | $991.6M | −$107.3M | ||||||||
| Vail Resorts IncCOM · shares +5.3% · price −19.2% | 2.6% | $909.4M | −$204.8M | ||||||||
| Guidewire SoftwareCOM · shares −1.5% · price +18.1% | 2.4% | $844.6M | +$129.7M | ||||||||
| Hyatt Hotels CorpCOM CL A · shares +0.7% · price −4.8% | 2.4% | $822.6M | −$41.4M | ||||||||
| Kinsale Cap Group IncCOM · shares −5.5% · price −26.6% | 2.0% | $699.7M | −$253.3M | ||||||||
| Red Rock Resorts IncCL A · shares +1.0% · price −8.2% | 1.7% | $577.7M | −$50.9M | ||||||||
| Choice Hotels Intl IncCOM · shares +0.3% · price −5.8% | 1.6% | $567.6M | −$34.9M | ||||||||
| Ansys IncCOM · shares −2.3% · price −7.4% | 1.6% | $551.5M | −$44.0M | ||||||||
| Schwab Charles CorpCOM · shares −0.8% · price +1.9% | 1.6% | $543.4M | +$10.0M | ||||||||
| Primerica IncCOM · shares −3.2% · price −6.5% | 1.2% | $436.1M | −$30.2M | ||||||||
| NvidiaCOM · shares +7.3% · price −4.3% | 1.2% | $414.2M | −$17.3M | ||||||||
| Mettler Toledo InternationalCOM · shares −3.3% · price +5.0% | 1.2% | $411.7M | +$19.5M | ||||||||
| Morningstar IncCOM · shares −0.1% · price −4.1% | 1.1% | $386.7M | −$16.4M | ||||||||
| Gaming & Leisure Pptys IncCOM · shares −0.2% · price −1.9% | 1.1% | $372.9M | −$7.1M | ||||||||
| Verisk AnalyticsCL A · shares −1.1% · price +14.3% | 1.00% | $347.9M | +$43.7M | ||||||||
| Bio Techne CorpCOM · shares −4.4% · price +1.8% | 0.98% | $342.2M | +$6.0M | ||||||||
| VertivCOM CL A · shares −22% · price +6.0% | 0.94% | $329.0M | +$18.6M | ||||||||
| Icon PlcSHS · shares +0.2% · price −6.7% | 0.87% | $304.7M | −$21.8M | ||||||||
| Iridium Communications IncCOM · shares −6.2% · price +1.8% | 0.85% | $297.7M | +$5.1M | ||||||||
| Total · 329 positions | 100% | $34.92B | −$1.48B |
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 2024 to Q2 2024: 307 stocks held throughout, down $1.48B (−4.2%).
- Tesla+$342.8M+13%
- Arch Cap Group Ltd+$176.8M+9%
- Guidewire Software+$129.7M+18%
- Verisk Analytics+$43.7M+14%
- Spotify Technology S A+$43.1M+19%
- FactSet−$122.3M−10%
- Msci Inc−$174.4M−14%
- Vail Resorts Inc−$204.8M−19%
- Kinsale Cap Group Inc−$253.3M−27%
- Costar Group Inc−$432.8M−23%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 2 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 ↗ |