
	Ron Baron 13F
	Baron Funds

	Last update 2024-09-09	329 Stocks (22 new)
	Value $34.92 Bil	Turnover 3 %
	Countries: Top Holdings: TSLA(8.79%)ACGL(6.04%)IT(5.38%)CSGP(4.09%)FDS(3.10%) Portfolio Report

Ron Baron Profile

Ron Baron is the founder of Baron Capital Management. He is Co-Portfolio Manager of Baron Asset Fund and remains Portfolio Manager of the Growth and Partners Funds. Baron graduated from Bucknell University with a B.A. in Chemistry, and later attended George Washington University Law School in the evenings.

Ron Baron Investing Philosophy

Ron Baron invests primarily in small and mid-size growth companies. He likes companies with open-ended growth opportunities and defensible niches. He applies a bottom-up company research, invests for the long-term, and tries to purchase companies at what he believes are attractive prices. He invests in growth companies using a value-oriented purchase discipline. Baron ignores short-term market fluctuations when he believes the fundamental reasons for purchasing a company have not changed. He holds investments for longer than five years on average.

Ron Baron Portfolio and Latest Trades

Ticker
Ticker
TSLA
BYD
NVDA
TOL
VRT
AAPL
AVB
EQR
KNSL
PLD
WST
MTN
AXNX
AMT
IBTA
MLM
MGM
BIDU
FDS
IDXX
RGEN
VRSN
VMC
ALAB
IBP
POOL
CZR
EXAS
IT
PCOR
TEM
XP
SMAR
AVGO
FICO
ITGR
LPX
NU
SHOP
WDAY
EGP
BNTX
DLR
GDS
MSCI
RH
TSM
SWAV
ARE
FND
INSP
INVH
IRDM
LOAR
MRCY
PDD
SSNC
TROW
ALGM
ANSS
TECH
BX
CERT
DRVN
EPAC
EWCZ
FBIN
MTD
MSFT
PRI
REXR
SPT
WELL
ACGL
ASGN
CDNA
CPNG
DAVA
FOXF
GWRE
HLT
LOW
RIVN
IOT
SNOW
VEEV
YUMC
TTWO
TRNO
BABA
GOOGL
CDNS
CNS
CSGP
EQIX
DOC
H
ILMN
IRT
INDI

Ticker	Company	Date	Action	Impact %	Price Range	Price	Price Change from Avrg%	Comment	Current Shares	Share Change
Ticker	Company	Date	Action	Impact %	Price Range	Price	Price Change from Avrg%	Comment	Current Shares	Share Change
TSLA	Tesla Inc	2024-06-30	Reduce	-0.80%	● 142.05 ($174.77) 197.88	$244.54	39.92%	Reduce -9.88%	15,516,436	-1,701,359
BYD	Boyd Gaming Corp	2024-06-30	Reduce	-0.32%	● 50.36 ($57.08) 67.67	$63.21	10.74%	Reduce -94.32%	107,963	-1,791,381
NVDA	NVIDIA Corp	2024-06-30	Reduce	-0.27%	● 76.2 ($101.1) 135.58	$132.88	31.44%	Reduce -24.86%	3,352,471	-1,109,189
TOL	Toll Brothers Inc	2024-06-30	Reduce	-0.25%	● 112.21 ($121.04) 134.92	$151.11	24.84%	Reduce -39.91%	1,077,864	-715,926
VRT	Vertiv Holdings Co	2024-06-30	Reduce	-0.23%	● 75.01 ($91.04) 106.17	$106.82	17.33%	Reduce -21.65%	3,800,000	-1,050,000
AAPL	Apple Inc	2024-06-30	Add	+0.18%	● 165 ($186.49) 216.67	$225.74	21.05%	Add 14788.45%	300,300	298,283
AVB	AvalonBay Communities Inc	2024-06-30	Add	+0.18%	● 178.98 ($193.33) 206.89	$218.50	13.02%	Add 582.86%	347,164	296,324
EQR	Equity Residential	2024-06-30	Add	+0.16%	● 59.68 ($65.07) 69.34	$72.87	11.99%	Add 143.05%	1,416,757	833,839
KNSL	Kinsale Capital Group Inc	2024-06-30	Reduce	-0.15%	● 358 ($405.98) 512.65	$463.58	14.19%	Reduce -5.46%	1,816,122	-104,798
PLD	Prologis Inc	2024-06-30	Reduce	-0.14%	● 101.88 ($110.77) 127.92	$119.34	7.74%	Reduce -44.85%	497,301	-404,359
WST	West Pharmaceutical Services Inc	2024-06-30	Reduce	-0.14%	● 314.68 ($353.4) 395.94	$286.48	-18.94%	Reduce -14.44%	763,168	-128,777
MTN	Vail Resorts Inc	2024-06-30	Add	+0.13%	● 173.94 ($198.87) 232.25	$170.36	-14.34%	Add 5.29%	5,048,808	253,521
AXNX	Axonics Inc	2024-06-30	Sold Out	-0.13%	● 66.47 ($67.36) 69.65	$69.66	3.41%	Sold Out	0	-686,565
AMT	American Tower Corp	2024-06-30	Add	+0.12%	● 171 ($186.91) 200.41	$224.28	19.99%	Add 66.49%	542,487	216,655
IBTA	Ibotta Inc	2024-06-30	New Buy	+0.11%	● 66.57 ($93.18) 109.9	$62.22	-33.23%	New holding	517,112	517,112
MLM	Martin Marietta Materials Inc	2024-06-30	New Buy	+0.11%	● 534.99 ($581.17) 621.53	$523.99	-9.84%	New holding	69,085	69,085
MGM	MGM Resorts International	2024-06-30	Reduce	-0.11%	● 38.53 ($41.8) 47.78	$39.81	-4.76%	Reduce -40.68%	1,246,347	-854,718
BIDU	Baidu Inc	2024-06-30	Reduce	-0.10%	● 86.48 ($100.48) 113.41	$106.01	5.50%	Reduce -45.87%	396,819	-336,327
FDS	FactSet Research Systems Inc	2024-06-30	Reduce	-0.10%	● 394.89 ($424.91) 452.48	$456.83	7.51%	Reduce -3.1%	2,652,470	-84,814
IDXX	IDEXX Laboratories Inc	2024-06-30	Reduce	-0.10%	● 468.04 ($502.03) 548.53	$475.53	-5.28%	Reduce -3.31%	2,035,337	-69,614
RGEN	Repligen Corp	2024-06-30	Reduce	-0.10%	● 120 ($156.74) 182.95	$135.09	-13.81%	Reduce -54.75%	172,514	-208,772
VRSN	VeriSign Inc	2024-06-30	Reduce	-0.10%	● 168.32 ($178.18) 191.42	$185.39	4.05%	Reduce -47.88%	201,366	-185,014
VMC	Vulcan Materials Co	2024-06-30	Add	+0.10%	● 244.64 ($258.41) 272.07	$238.19	-7.82%	Add 109.29%	264,703	138,229
ALAB	Astera Labs Inc	2024-06-30	Sold Out	-0.10%	● 55.6 ($69.36) 85.7	$52.96	-23.64%	Sold Out	0	-500,000
IBP	Installed Building Products Inc	2024-06-30	Reduce	-0.09%	● 196.45 ($225.22) 259.46	$241.08	7.04%	Reduce -16.87%	661,043	-134,135
POOL	Pool Corp	2024-06-30	Reduce	-0.09%	● 307.33 ($362.13) 401.3	$364.94	0.78%	Reduce -85.93%	12,665	-77,334
CZR	Caesars Entertainment Inc	2024-06-30	Sold Out	-0.09%	● 31.85 ($37.57) 43.98	$43.24	15.09%	Sold Out	0	-813,480
EXAS	Exact Sciences Corp	2024-06-30	Add	+0.08%	● 41.33 ($55.02) 74.26	$68.57	24.63%	Add 6180%	628,000	618,000
IT	Gartner Inc	2024-06-30	Reduce	-0.08%	● 412.59 ($444.91) 477.44	$513.65	15.45%	Reduce -1.57%	4,183,919	-66,814
PCOR	Procore Technologies Inc	2024-06-30	Add	+0.08%	● 63.05 ($69.38) 80.32	$59.40	-14.38%	Add 81.36%	905,988	406,429
TEM	Tempus AI Inc	2024-06-30	New Buy	+0.08%	● 24.96 ($30.66) 40.25	$48.08	56.82%	New holding	784,397	784,397
XP	XP Inc	2024-06-30	Reduce	-0.08%	● 17.07 ($20.66) 25.33	$17.67	-14.47%	Reduce -38.6%	1,982,505	-1,246,093
SMAR	Smartsheet Inc	2024-06-30	Sold Out	-0.08%	● 36.58 ($39.86) 44.29	$55.59	39.46%	Sold Out	0	-765,464
AVGO	Broadcom Inc	2024-06-30	Add	+0.07%	● 120.47 ($140.14) 182.89	$180.73	28.96%	Add 67.06%	400,420	16,073
FICO	Fair Isaac Corp	2024-06-30	Reduce	-0.07%	● 1110.85 ($1292.47) 1488.66	$1,989.58	53.94%	Reduce -16.11%	114,783	-22,035
ITGR	Integer Holdings Corp	2024-06-30	New Buy	+0.07%	● 109.58 ($116.78) 123.27	$129.23	10.66%	New holding	216,677	216,677
LPX	Louisiana-Pacific Corp	2024-06-30	New Buy	+0.07%	● 72.02 ($83.52) 93.62	$106.95	28.05%	New holding	311,644	311,644
NU	Nu Holdings Ltd	2024-06-30	Reduce	-0.07%	● 10.48 ($11.64) 12.92	$13.47	15.72%	Reduce -29.25%	5,302,925	-2,191,984
SHOP	Shopify Inc	2024-06-30	Add	+0.07%	● 56.97 ($66.33) 78.19	$82.58	24.50%	Add 17.87%	2,598,919	393,946
WDAY	Workday Inc	2024-06-30	Reduce	-0.07%	● 207.08 ($240.75) 272.44	$239.47	-0.53%	Reduce -97.85%	2,000	-90,925
EGP	EastGroup Properties Inc	2024-06-30	Sold Out	-0.07%	● 155.36 ($165.3) 178.08	$177.71	7.51%	Sold Out	0	-141,633
BNTX	BioNTech SE	2024-06-30	Reduce	-0.06%	● 80.36 ($91.41) 102.87	$120.30	31.60%	Reduce -96.08%	9,850	-241,373
DLR	Digital Realty Trust Inc	2024-06-30	Add	+0.06%	● 135.75 ($143.6) 152.05	$158.28	10.22%	Add 29.91%	582,604	134,127
GDS	GDS Holdings Ltd	2024-06-30	Add	+0.06%	● 6.11 ($8.08) 9.75	$20.30	151.24%	Add 506.92%	2,642,963	2,207,495
MSCI	MSCI Inc	2024-06-30	Reduce	-0.06%	● 446 ($496.19) 554.83	$596.83	20.28%	Reduce -1.71%	2,215,410	-38,625
RH	RH	2024-06-30	Reduce	-0.06%	● 214.92 ($262.92) 334.75	$322.08	22.50%	Reduce -64.74%	33,495	-61,503
TSM	Taiwan Semiconductor Manufacturing Co Ltd	2024-06-30	Reduce	-0.06%	● 127.7 ($151.69) 179.69	$186.05	22.65%	Reduce -15.81%	897,650	-168,614
SWAV	Shockwave Medical Inc	2024-06-30	Sold Out	-0.06%	● 319.93 ($329.09) 334.83	$334.75	1.72%	Sold Out	0	-74,373
ARE	Alexandria Real Estate Equities Inc	2024-06-30	Reduce	-0.05%	● 113.56 ($119.19) 129.6	$113.80	-4.52%	Reduce -13.12%	1,045,230	-157,786
FND	Floor & Decor Holdings Inc	2024-06-30	Reduce	-0.05%	● 99.41 ($115.01) 126.69	$114.71	-0.26%	Reduce -8.41%	1,678,484	-154,049
INSP	Inspire Medical Systems Inc	2024-06-30	Add	+0.05%	● 133.83 ($189.24) 251.19	$206.71	9.23%	Add 65.38%	347,300	137,300
INVH	Invitation Homes Inc	2024-06-30	Add	+0.05%	● 33.04 ($34.76) 35.89	$33.19	-4.52%	Add 40.67%	1,671,505	483,281
IRDM	Iridium Communications Inc	2024-06-30	Reduce	-0.05%	● 24.65 ($28.16) 31.8	$29.52	4.83%	Reduce -6.23%	11,182,841	-742,934
LOAR	Loar Holdings Inc	2024-06-30	New Buy	+0.05%	● 46 ($54.19) 64.12	$75.09	38.57%	New holding	300,000	300,000
MRCY	Mercury Systems Inc	2024-06-30	Reduce	-0.05%	● 26.61 ($29.17) 32.45	$36.62	25.54%	Reduce -34.94%	1,205,654	-647,500
PDD	PDD Holdings Inc	2024-06-30	Add	+0.05%	● 113.43 ($135.42) 157.57	$144.86	6.97%	Add 25.51%	706,102	143,502
SSNC	SS&C Technologies Holdings Inc	2024-06-30	Reduce	-0.05%	● 59.9 ($62.05) 64.01	$73.69	18.76%	Reduce -29.24%	642,598	-265,493
TROW	T. Rowe Price Group Inc	2024-06-30	Reduce	-0.05%	● 108.72 ($115.01) 120.3	$106.60	-7.31%	Reduce -90.68%	15,968	-155,304
ALGM	Allegro Microsystems Inc	2024-06-30	Sold Out	-0.05%	● 25.68 ($28.47) 30.79	$20.77	-27.05%	Sold Out	0	-668,811
ANSS	Ansys Inc	2024-06-30	Reduce	-0.04%	● 314.53 ($327.66) 347.48	$320.87	-2.07%	Reduce -2.33%	1,715,443	-40,927
TECH	Bio-Techne Corp	2024-06-30	Reduce	-0.04%	● 62.12 ($73.6) 84.15	$73.74	0.19%	Reduce -4.43%	4,776,592	-221,618
BX	Blackstone Inc	2024-06-30	Reduce	-0.04%	● 116.13 ($123.05) 132	$149.44	21.45%	Reduce -13.51%	690,478	-107,899
CERT	Certara Inc	2024-06-30	Reduce	-0.04%	● 13.36 ($16.43) 18.94	$11.24	-31.59%	Reduce -77.9%	240,000	-845,950
DRVN	Driven Brands Holdings Inc	2024-06-30	Add	+0.04%	● 10.67 ($12.66) 15.72	$14.05	10.98%	Add 50%	3,000,000	1,000,000
EPAC	Enerpac Tool Group Corp	2024-06-30	New Buy	+0.04%	● 34.75 ($37.06) 39.32	$42.29	14.11%	New holding	410,369	410,369
EWCZ	European Wax Center Inc	2024-06-30	Reduce	-0.04%	● 9.89 ($11.36) 12.89	$6.87	-39.52%	Reduce -38.74%	2,000,000	-1,265,000
FBIN	Fortune Brands Innovations Inc	2024-06-30	Reduce	-0.04%	● 63.88 ($72.19) 83.06	$87.20	20.79%	Reduce -63.57%	106,410	-185,702
MTD	Mettler-Toledo International Inc	2024-06-30	Reduce	-0.04%	● 1188.54 ($1367.69) 1530.55	$1,451.47	6.13%	Reduce -3.28%	294,604	-9,979
MSFT	Microsoft Corp	2024-06-30	Add	+0.04%	● 389.33 ($422.32) 452.85	$414.71	-1.80%	Add 5.8%	620,929	34,012
PRI	Primerica Inc	2024-06-30	Reduce	-0.04%	● 210.09 ($226.78) 252	$269.72	18.93%	Reduce -3.21%	1,843,312	-61,166
REXR	Rexford Industrial Realty Inc	2024-06-30	Reduce	-0.04%	● 42.24 ($45.03) 49.37	$47.09	4.57%	Reduce -18.79%	1,289,095	-298,351
SPT	Sprout Social Inc	2024-06-30	Reduce	-0.04%	● 26.9 ($40.24) 58.6	$27.86	-30.77%	Reduce -23.08%	750,000	-225,000
WELL	Welltower Inc	2024-06-30	Add	+0.04%	● 88.31 ($98) 105.01	$124.77	27.32%	Add 19.95%	810,074	134,711
ACGL	Arch Capital Group Ltd	2024-06-30	Reduce	-0.03%	● 89.76 ($97.24) 103.36	$109.91	13.03%	Reduce -0.5%	20,920,200	-104,511
ASGN	ASGN Inc	2024-06-30	Reduce	-0.03%	● 86.42 ($95.54) 102.54	$94.16	-1.44%	Reduce -4.49%	2,127,200	-100,000
CDNA	CareDx Inc	2024-06-30	Add	+0.03%	● 7.56 ($12.09) 16.15	$32.16	166.00%	Add 52.59%	1,876,672	646,772
CPNG	Coupang Inc	2024-06-30	Reduce	-0.03%	● 18.2 ($21.68) 23.65	$25.70	18.54%	Reduce -6.92%	7,392,395	-549,667
DAVA	Endava PLC	2024-06-30	Reduce	-0.03%	● 24.7 ($29.67) 37.68	$24.50	-17.43%	Reduce -12.13%	1,861,634	-257,034
FOXF	Fox Factory Holding Corp	2024-06-30	Reduce	-0.03%	● 38.89 ($45.21) 52.18	$39.04	-13.65%	Reduce -25%	675,000	-225,000
GWRE	Guidewire Software Inc	2024-06-30	Reduce	-0.03%	● 107.64 ($120.31) 137.89	$182.65	51.82%	Reduce -1.46%	6,125,291	-90,451
HLT	Hilton Worldwide Holdings Inc	2024-06-30	Add	+0.03%	● 194.47 ($205.39) 218.2	$234.19	14.02%	Add 17.56%	292,039	43,620
LOW	Lowe's Companies Inc	2024-06-30	Reduce	-0.03%	● 214.27 ($228.13) 249.28	$273.27	19.79%	Reduce -22.08%	169,049	-47,909
RIVN	Rivian Automotive Inc	2024-06-30	Reduce	-0.03%	● 8.4 ($10.45) 14.74	$10.47	0.19%	Reduce -40.08%	1,367,608	-914,937
IOT	Samsara Inc	2024-06-30	New Buy	+0.03%	● 28.07 ($34.49) 42.06	$47.26	37.03%	New holding	349,294	349,294
SNOW	Snowflake Inc	2024-06-30	Reduce	-0.03%	● 124.21 ($147.69) 165.04	$113.52	-23.14%	Reduce -17.35%	369,330	-77,530
VEEV	Veeva Systems Inc	2024-06-30	Reduce	-0.03%	● 171.41 ($198.49) 230.39	$204.44	3.00%	Reduce -9.06%	423,906	-42,248
YUMC	Yum China Holdings Inc	2024-06-30	Reduce	-0.03%	● 30.84 ($36.6) 40.19	$47.09	28.66%	Reduce -34.16%	475,345	-246,595
TTWO	Take-Two Interactive Software Inc	2024-06-30	Sold Out	-0.03%	● 139.96 ($151.69) 167.43	$152.94	0.82%	Sold Out	0	-86,767
TRNO	Terreno Realty Corp	2024-06-30	Sold Out	-0.03%	● 54.1 ($57.5) 65.4	$64.71	12.54%	Sold Out	0	-153,457
BABA	Alibaba Group Holding Ltd	2024-06-30	Reduce	-0.02%	● 68.82 ($76.68) 88.54	$109.68	43.04%	Reduce -8.72%	1,348,569	-128,844
GOOGL	Alphabet Inc	2024-06-30	Add	+0.02%	● 150.53 ($168.57) 185.41	$164.38	-2.49%	Add 60.32%	107,495	40,445
CDNS	Cadence Design Systems Inc	2024-06-30	New Buy	+0.02%	● 274.55 ($296.08) 326.5	$270.15	-8.76%	New holding	17,180	17,180
CNS	Cohen & Steers Inc	2024-06-30	Reduce	-0.02%	● 66.11 ($71.09) 76.32	$90.74	27.64%	Reduce -4.67%	2,043,035	-100,000
CSGP	CoStar Group Inc	2024-06-30	Reduce	-0.02%	● 72.73 ($84.75) 95.69	$75.15	-11.33%	Reduce -0.34%	19,270,998	-66,620
EQIX	Equinix Inc	2024-06-30	Reduce	-0.02%	● 692.71 ($758.91) 809.68	$872.51	14.97%	Reduce -3.67%	191,220	-7,283
DOC	Healthpeak Properties Inc	2024-06-30	New Buy	+0.02%	● 17.82 ($19.1) 20.25	$21.82	14.24%	New holding	339,151	339,151
H	Hyatt Hotels Corp	2024-06-30	Add	+0.02%	● 143.84 ($150.09) 158.11	$152.44	1.57%	Add 0.7%	5,414,796	37,744
ILMN	Illumina Inc	2024-06-30	Add	+0.02%	● 98.22 ($112.1) 129.83	$139.66	24.59%	Add 22.78%	334,407	62,043
IRT	Independence Realty Trust Inc	2024-06-30	New Buy	+0.02%	● 15.37 ($16.72) 18.74	$19.19	14.77%	New holding	323,622	323,622
INDI	Indie Semiconductor Inc	2024-06-30	Add	+0.02%	● 5.11 ($6.36) 7.8	$3.74	-41.19%	Add 6.06%	15,151,425	865,529

100/Page

Total 2107

Ron Baron News

Discussions on Ron Baron

No discussions yet.

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Mobile App 中文

Education

Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Site Map Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.