Baron Capital (BAMCO)
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Ron Baron's Baron Capital (BAMCO) reported 328 stock positions worth $37.7 billion. Its top holding was Tesla (TSLA) at 10.4% of the portfolio, followed by Arch Capital (ACGL, 6.2%) and Gartner (IT, 5.4%). Compared with Q2 2024, it opened 18 new positions, sold out of 19, added to 90 and reduced 157. The biggest buy was GDS Holdings Ltd. - ADR (GDS, shares +129%) and the biggest sale West Pharmaceutical Services (WST, shares −37%).
- Most Recent 13F
- Q2 2026
- Notable People
- Ron Baron
- Location
- NEW YORK, NY
- CIK
- 0001017918
- Portfolio Value
- $37.7B (Q3 2024)
- SEC Filing
- 0001017918-24-000083 ↗ filed Nov 14, 2024
Holdings Value
Holdings 328 stocks · $37.7B
| TSLA Tesla Inc. | 10.36% | 14,928,529 | $3.9B | Reduce -3.8% |
| ACGL Arch Capital Group Ltd. | 6.15% | 20,725,357 | $2.3B | Reduce -0.9% |
| IT Gartner Inc. | 5.41% | 4,022,384 | $2.0B | Reduce -3.9% |
| CSGP Costar Group Inc. | 3.76% | 18,785,436 | $1.4B | Reduce -2.5% |
| MSCI MSCI Inc. | 3.34% | 2,157,431 | $1.3B | Reduce -2.6% |
| FDS Factset Research Systems Inc. | 3.02% | 2,478,027 | $1.1B | Reduce -6.6% |
| GWRE Guidewire Software Inc. | 2.92% | 6,008,129 | $1.1B | Reduce -1.9% |
| IDXX Idexx Laboratories Inc. | 2.58% | 1,923,258 | $971.7M | Reduce -5.5% |
| MTN Vail Resorts Inc. | 2.40% | 5,185,136 | $903.7M | Add +2.7% |
| H Hyatt Hotels Corp. Class A | 2.21% | 5,483,404 | $834.6M | Add +1.3% |
| KNSL Kinsale Capital Group Inc. | 2.16% | 1,745,415 | $812.6M | Reduce -3.9% |
| CHH Choice Hotels Intl Inc. | 1.63% | 4,716,314 | $614.5M | Reduce -1.1% |
| RRR Red Rock Resorts Inc. Class A | 1.53% | 10,623,284 | $578.3M | Add +1.0% |
| ANSS Ansys Inc. | 1.36% | 1,612,262 | $513.7M | Reduce -6.0% |
| SCHW Schwab (charles) Corp. | 1.25% | 7,269,280 | $471.1M | Reduce -1.4% |
| PRI Primerica Inc. | 1.20% | 1,712,011 | $453.9M | Reduce -7.1% |
| MTD Mettler-Toledo International | 1.15% | 288,747 | $433.0M | Reduce -2.0% |
| GLPI Gaming and Leisure Propertie | 1.11% | 8,107,784 | $417.1M | Reduce -1.7% |
| MORN Morningstar Inc. | 1.11% | 1,305,588 | $416.6M | Reduce -0.1% |
| NVDA Nvidia Corp. | 0.96% | 2,993,580 | $363.5M | Reduce -10.7% |
| TECH Bio-Techne Corp. | 0.94% | 4,445,540 | $355.3M | Reduce -6.9% |
| VRT Vertiv Holdings Co. Class A | 0.94% | 3,550,000 | $353.2M | Reduce -6.6% |
| VRSK Verisk Analytics Inc. | 0.90% | 1,268,534 | $339.9M | Reduce -1.7% |
| IRDM Iridium Communications Inc. | 0.90% | 11,118,785 | $338.6M | Reduce -0.6% |
| SPOT Spotify Technology SA | 0.86% | 882,147 | $325.1M | Reduce -0.4% |
| ICLR Icon PLC | 0.73% | 954,056 | $274.1M | Reduce -1.8% |
| MSFT Microsoft Corp. | 0.66% | 577,172 | $248.4M | Reduce -7.0% |
| SITE Siteone Landscape Supply Inc. | 0.63% | 1,580,342 | $238.5M | Add +8.9% |
| SHOP Shopify Inc. Class A | 0.58% | 2,720,481 | $218.0M | Add +4.7% |
| DAY Dayforce Inc. | 0.57% | 3,527,637 | $216.1M | Reduce -0.2% |
| EQIX Equinix Inc. | 0.57% | 242,133 | $214.9M | Add +26.6% |
| BFAM Bright Horizons Family Solut | 0.55% | 1,489,337 | $208.7M | Reduce -8.9% |
| FIGS Figs Inc. Class A | 0.54% | 30,030,078 | $205.4M | Add +12.5% |
| AMZN Amazon.com Inc. | 0.54% | 1,095,502 | $204.1M | Add +1.3% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.53% | 1,819,538 | $199.5M | Reduce -3.2% |
| CNS Cohen & Steers Inc. | 0.51% | 2,009,504 | $192.8M | Reduce -1.6% |
| FICO Fair Isaac Corp. | 0.49% | 95,870 | $186.3M | Reduce -16.5% |
| HLI Houlihan Lokey Inc. | 0.48% | 1,144,679 | $180.9M | Reduce -11.5% |
| EFOR Everforth Inc. filed as ASGN INC | 0.47% | 1,894,200 | $176.6M | Reduce -10.9% |
| TSM Taiwan Semiconductor-SP ADR | 0.44% | 960,740 | $166.9M | Add +7.0% |
| CPNG Coupang Inc. | 0.44% | 6,793,580 | $166.8M | Reduce -8.1% |
| META Meta Platforms Inc. Class A | 0.43% | 284,930 | $163.1M | Reduce -0.4% |
| CBRE CBRE Group Inc. Class A | 0.43% | 1,299,831 | $161.8M | Add +14.6% |
| ONON On Holding AG Class A filed as ON HLDG AG | 0.42% | 3,156,895 | $158.3M | Reduce -0.9% |
| FND Floor & Decor Holdings Inc. Class A | 0.41% | 1,252,755 | $155.6M | Reduce -25.4% |
| BIRK Birkenstock Holding PLC | 0.41% | 3,102,507 | $152.9M | Add +2.6% |
| BABA Alibaba Group Holding-SP ADR | 0.40% | 1,434,625 | $152.2M | Add +6.4% |
| TDG Transdigm Group Inc. | 0.40% | 105,859 | $151.1M | Add +5.9% |
| BWIN Baldwin Insurance Group Inc./ filed as THE BALDWIN INSURANCE GRP IN | 0.40% | 3,010,000 | $149.9M | Reduce -7.7% |
| WST West Pharmaceutical Services | 0.39% | 483,842 | $145.2M | Reduce -36.6% |
| ROP Roper Technologies Inc. | 0.38% | 257,797 | $143.4M | Reduce -2.4% |
| TOL Toll Brothers Inc. | 0.37% | 897,503 | $138.7M | Reduce -16.7% |
| INTA Intapp Inc. | 0.36% | 2,850,455 | $136.3M | Add +1.2% |
| ARGX Argenx SE - ADR | 0.36% | 250,304 | $135.7M | Reduce -4.3% |
| TREX Trex Company Inc. | 0.36% | 2,026,692 | $134.9M | Reduce -10.8% |
| CWAN Clearwater Analytics HDS-A | 0.36% | 5,326,574 | $134.5M | Add +0.0% |
| LEN Lennar Corp. Class A | 0.35% | 711,023 | $133.3M | Add +2.6% |
| IBKR Interactive Brokers Gro Class A | 0.34% | 912,608 | $127.2M | Add +16.3% |
| GTLS Chart Industries Inc. | 0.34% | 1,022,664 | $127.0M | Reduce -15.1% |
| WELL Welltower Inc. | 0.33% | 974,759 | $124.8M | Add +20.3% |
| DHI D.R. Horton Inc. | 0.33% | 646,888 | $123.4M | Add +2.4% |
| GDS GDS Holdings Ltd. - ADR filed as GDS HLDGS LTD | 0.33% | 6,040,555 | $123.2M | Add +128.6% |
| NEOG Neogen Corp. | 0.33% | 7,303,115 | $122.8M | Add +1.4% |
| IBP Installed Building Products | 0.32% | 492,286 | $121.2M | Reduce -25.5% |
| APH Amphenol Corp. Class A | 0.32% | 1,853,278 | $120.8M | Reduce -0.6% |
| ALTR Altair Engineering Inc. Class A | 0.32% | 1,259,344 | $120.3M | Reduce -9.1% |
| BX Blackstone Inc. | 0.31% | 769,894 | $117.9M | Add +11.5% |
| DNUT Krispy Kreme Inc. | 0.30% | 10,481,319 | $112.6M | Add +4.2% |
| DEI Douglas Emmett Inc. | 0.30% | 6,389,444 | $112.3M | Add +0.3% |
| AZPN Aspen Technology Inc. | 0.30% | 468,011 | $111.8M | Reduce -9.9% |
| MELI MercadoLibre Inc. | 0.29% | 52,453 | $107.6M | Reduce -12.2% |
| COO The Cooper Cos Inc. | 0.28% | 939,982 | $103.7M | Reduce -0.4% |
| BN Brookfield Corp. | 0.27% | 1,949,472 | $103.6M | Add +62.6% |
| KTOS Kratos Defense & Security | 0.27% | 4,374,077 | $101.9M | No change |
| AXON Axon Enterprise Inc. | 0.27% | 254,141 | $101.6M | Reduce -0.1% |
| PLNT Planet Fitness Inc. Class A | 0.27% | 1,250,000 | $101.5M | Reduce -5.7% |
| RBC RBC Bearings Inc. | 0.27% | 335,075 | $100.3M | Reduce -3.6% |
| ARE Alexandria Real Estate Equit | 0.26% | 840,155 | $99.8M | Reduce -19.6% |
| PWR Quanta Services Inc. | 0.26% | 322,789 | $96.2M | Add +0.3% |
| DLR Digital Realty Trust Inc. | 0.25% | 593,707 | $96.1M | Add +1.9% |
| DKNG Draftkings Inc. Class A | 0.25% | 2,392,965 | $93.8M | No change |
| YMM Full Truck Alliance -SPN ADR | 0.25% | 10,405,899 | $93.8M | Add +1.2% |
| TRU Transunion | 0.24% | 876,388 | $91.8M | Reduce -5.6% |
| CDW CDW Corp. | 0.24% | 397,232 | $89.9M | Reduce -0.0% |
| AVGO Broadcom Inc. | 0.23% | 505,072 | $87.1M | Add +26.1% |
| VEEV Veeva Systems Inc. Class A | 0.23% | 412,137 | $86.5M | Reduce -2.8% |
| JLL Jones Lang Lasalle Inc. | 0.23% | 314,710 | $84.9M | Add +28.3% |
| CAKE The Cheesecake Factory Inc. | 0.22% | 2,000,000 | $81.1M | Reduce -9.1% |
| CG The Carlyle Group Inc. | 0.21% | 1,867,253 | $80.4M | Reduce -3.9% |
| LVS Las Vegas Sands Corp. | 0.21% | 1,581,075 | $79.6M | Add +29.2% |
| ISRG Intuitive Surgical Inc. | 0.21% | 160,225 | $78.7M | Add +0.0% |
| LOW Lowe's Cos Inc. | 0.21% | 290,107 | $78.6M | Add +71.6% |
| ROL Rollins Inc. | 0.21% | 1,548,750 | $78.3M | Reduce -7.3% |
| FWONK Liberty Media Corp. Class C | 0.21% | 1,000,000 | $77.4M | Reduce -16.7% |
| REXR Rexford Industrial Realty Inc. | 0.20% | 1,526,016 | $76.8M | Add +18.4% |
| AVNT Avient Corp. | 0.20% | 1,500,000 | $75.5M | Reduce -11.8% |
| VNO Vornado Realty Trust | 0.20% | 1,912,359 | $75.3M | New |
| FA First Advantage Corp. | 0.20% | 3,750,000 | $74.4M | No change |
| VMC Vulcan Materials Co. | 0.19% | 289,493 | $72.5M | Add +9.4% |
| INSP Inspire Medical Systems Inc. | 0.19% | 339,300 | $71.6M | Reduce -2.3% |
Portfolio Sells Q2 2024 → Q3 2024
| WST West Pharmaceutical Services | Reduce -36.6% | 0.39% | −0.33 |
| CSGP Costar Group Inc. | Reduce -2.5% | 3.76% | −0.33 |
| SCHW Schwab (charles) Corp. | Reduce -1.4% | 1.25% | −0.31 |
| IDXX Idexx Laboratories Inc. | Reduce -5.5% | 2.58% | −0.26 |
| NVDA Nvidia Corp. | Reduce -10.7% | 0.96% | −0.22 |
| ANSS Ansys Inc. | Reduce -6.0% | 1.36% | −0.22 |
| DXCM Dexcom Inc. | Reduce -41.6% | 0.10% | −0.21 |
| PDD PDD Holdings Inc. | Reduce -73.8% | 0.07% | −0.20 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -50.4% | 0.10% | −0.20 |
| AMT American Tower Corp. | Reduce -64.5% | 0.12% | −0.18 |
| WYNN WYNN Resorts Ltd. | Reduce -86.1% | 0.03% | −0.16 |
| GTLS Chart Industries Inc. | Reduce -15.1% | 0.34% | −0.16 |
| VMRK Vivmark Residential | Reduce -51.4% | 0.14% | −0.15 |
| ICLR Icon PLC | Reduce -1.8% | 0.73% | −0.15 |
| MSFT Microsoft Corp. | Reduce -7.0% | 0.66% | −0.14 |
| TREX Trex Company Inc. | Reduce -10.8% | 0.36% | −0.12 |
| AVB Avalonbay Communities Inc. | Reduce -48.8% | 0.11% | −0.10 |
| SILK Silk Road Medical Inc. | Sold out | 0.00% | −0.10 |
| BIDU Baidu Inc. - Spon ADR | Sold out | 0.00% | −0.10 |
| DAVA Endava PLC- Spon ADR | Reduce -54.3% | 0.06% | −0.10 |
| VRSK Verisk Analytics Inc. | Reduce -1.7% | 0.90% | −0.09 |
| MLM Martin Marietta Materials | Reduce -85.4% | 0.01% | −0.09 |
| INVH Invitation Homes Inc. | Reduce -45.8% | 0.08% | −0.09 |
| ARE Alexandria Real Estate Equit | Reduce -19.6% | 0.26% | −0.09 |
| ESNT Essent Group Ltd. | Reduce -96.5% | 0.00% | −0.08 |
| FDS Factset Research Systems Inc. | Reduce -6.6% | 3.02% | −0.08 |
| SPT Sprout Social Inc. Class A | Sold out | 0.00% | −0.08 |
| JBI Janus International Group Inc. | Reduce -9.4% | 0.15% | −0.08 |
| ALTR Altair Engineering Inc. Class A | Reduce -9.1% | 0.32% | −0.07 |
| EFOR Everforth Inc. | Reduce -10.9% | 0.47% | −0.07 |
| IBP Installed Building Products | Reduce -25.5% | 0.32% | −0.07 |
| FND Floor & Decor Holdings Inc. Class A | Reduce -25.4% | 0.41% | −0.07 |
| NU Nu Holdings Ltd./Cayman Isl-A | Reduce -30.0% | 0.13% | −0.06 |
| AMD Advanced Micro Devices | Reduce -53.8% | 0.05% | −0.06 |
| LPLA LPL Financial Holdings Inc. | Reduce -47.9% | 0.04% | −0.06 |
| EWCZ European Wax Center Inc. Class A | Sold out | 0.00% | −0.06 |
| DH Definitive Healthcare Corp. | Sold out | 0.00% | −0.05 |
| MBLY Mobileye Global Inc. Class A | Reduce -96.4% | 0.00% | −0.05 |
| SNOW Snowflake Inc. | Reduce -20.5% | 0.09% | −0.05 |
| MGM MGM Resorts International | Reduce -18.5% | 0.11% | −0.05 |
| RIVN Rivian Automotive Inc. Class A | Reduce -83.4% | 0.01% | −0.05 |
| ROP Roper Technologies Inc. | Reduce -2.4% | 0.38% | −0.05 |
| PRI Primerica Inc. | Reduce -7.1% | 1.20% | −0.04 |
| TEM Tempus AI Inc. Class A | Reduce -71.2% | 0.03% | −0.04 |
| SBAC SBA Communications Corp. | Reduce -59.7% | 0.04% | −0.04 |
| DDOG Datadog Inc. Class A | Reduce -2.6% | 0.17% | −0.04 |
| FWONK Liberty Media Corp. Class C | Reduce -16.7% | 0.21% | −0.04 |
| APH Amphenol Corp. Class A | Reduce -0.6% | 0.32% | −0.04 |
| BASE Couchbase Inc. | Reduce -25.2% | 0.06% | −0.04 |
| MRVL Marvell Technology Inc. | Sold out | 0.00% | −0.04 |
Portfolio Buys Q2 2024 → Q3 2024
| GDS GDS Holdings Ltd. - ADR | Add +128.6% | 0.33% | +0.26 |
| VNO Vornado Realty Trust | New | 0.20% | +0.20 |
| CZR Caesars Entertainment Inc. | New | 0.16% | +0.16 |
| EQIX Equinix Inc. | Add +26.6% | 0.57% | +0.16 |
| CBRE CBRE Group Inc. Class A | Add +14.6% | 0.43% | +0.14 |
| FIGS Figs Inc. Class A | Add +12.5% | 0.54% | +0.14 |
| BN Brookfield Corp. | Add +62.6% | 0.27% | +0.13 |
| SITE Siteone Landscape Supply Inc. | Add +8.9% | 0.63% | +0.13 |
| BABA Alibaba Group Holding-SP ADR | Add +6.4% | 0.40% | +0.13 |
| LOW Lowe's Cos Inc. | Add +71.6% | 0.21% | +0.10 |
| BLDR Builders Firstsource Inc. | New | 0.10% | +0.10 |
| WELL Welltower Inc. | Add +20.3% | 0.33% | +0.09 |
| SHOP Shopify Inc. Class A | Add +4.7% | 0.58% | +0.09 |
| JD Jd.com Inc.-ADR | New | 0.09% | +0.09 |
| JLL Jones Lang Lasalle Inc. | Add +28.3% | 0.23% | +0.08 |
| CWAN Clearwater Analytics HDS-A | Add +0.0% | 0.36% | +0.07 |
| LPX Louisiana-Pacific Corp. | Add +65.7% | 0.15% | +0.07 |
| MAC The Macerich Co. | Add +742.3% | 0.08% | +0.07 |
| DHI D.R. Horton Inc. | Add +2.4% | 0.33% | +0.07 |
| DUOL Duolingo | New | 0.07% | +0.07 |
| BX Blackstone Inc. | Add +11.5% | 0.31% | +0.07 |
| INTA Intapp Inc. | Add +1.2% | 0.36% | +0.07 |
| IBKR Interactive Brokers Gro Class A | Add +16.3% | 0.34% | +0.06 |
| LEN Lennar Corp. Class A | Add +2.6% | 0.35% | +0.06 |
| LVS Las Vegas Sands Corp. | Add +29.2% | 0.21% | +0.06 |
| LLYVK Liberty Media Corp.-Liberty-C | Add +23.4% | 0.16% | +0.06 |
| DEI Douglas Emmett Inc. | Add +0.3% | 0.30% | +0.06 |
| LINE Lineage Inc. | New | 0.05% | +0.05 |
| GCMG GCM Grosvenor Inc. Class A | New | 0.05% | +0.05 |
| TWFG TWFG Inc. | New | 0.05% | +0.05 |
| IOT Samsara Inc. Class A | Add +91.0% | 0.09% | +0.05 |
| IRM Iron Mountain Inc. | New | 0.05% | +0.05 |
| AVGO Broadcom Inc. | Add +26.1% | 0.23% | +0.05 |
| BAM Brookfield Asset Mgmt-A | Add +31.5% | 0.14% | +0.05 |
| ABNB Airbnb Inc. Class A | New | 0.05% | +0.05 |
| REXR Rexford Industrial Realty Inc. | Add +18.4% | 0.20% | +0.04 |
| IBTA Ibotta Inc. Class A | Add +77.6% | 0.15% | +0.04 |
| KKR KKR & Co. Inc. | Add +1494.0% | 0.04% | +0.04 |
| NCNO Ncino Inc. | Add +50.0% | 0.13% | +0.04 |
| TDG Transdigm Group Inc. | Add +5.9% | 0.40% | +0.03 |
| TEAM Atlassian Corp. Class A | Add +242.7% | 0.05% | +0.03 |
| ZLAB Zai Lab Ltd.-ADR | Add +6.3% | 0.12% | +0.03 |
| ILMN Illumina Inc. | Add +14.7% | 0.13% | +0.03 |
| PAR Par Technology Corp. | Add +15.3% | 0.16% | +0.02 |
| DRVN Driven Brands Holdings Inc. | Add +16.7% | 0.13% | +0.02 |
| ACLX Arcellx Inc. | Add +0.0% | 0.08% | +0.02 |
| PWR Quanta Services Inc. | Add +0.3% | 0.26% | +0.02 |
| VTR Ventas Inc. | Add +114.8% | 0.03% | +0.02 |
| ADC Agree Realty Corp. | New | 0.02% | +0.02 |
| BRX Brixmor Property Group Inc. | New | 0.02% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 345 | $66.6B | SPCX, TSLA, MSCI, ACGL, H |
| Q1 2026 | 326 | $33.1B | TSLA, ACGL, MSCI, GWRE, IT |
| Q4 2025 | 327 | $36.9B | TSLA, ACGL, MSCI, CSGP, IDXX |
| Q3 2025 | 330 | $37.7B | TSLA, ACGL, CSGP, MSCI, IDXX |
| Q2 2025 | 306 | $36.9B | TSLA, ACGL, CSGP, IT, GWRE |
| Q1 2025 | 314 | $34.0B | TSLA, ACGL, IT, CSGP, MSCI |
| Q4 2024 | 316 | $38.7B | TSLA, IT, ACGL, CSGP, MSCI |
| Q3 2024 | 328 | $37.7B | TSLA, ACGL, IT, CSGP, MSCI |
| Q2 2024 | 329 | $34.9B | TSLA, ACGL, IT, CSGP, FDS |
| Q1 2024 | 332 | $37.5B | TSLA, IT, ACGL, CSGP, MSCI |