Baron Capital (BAMCO)

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Ron Baron's Baron Capital (BAMCO) reported 327 stock positions worth $36.9 billion. Its top holding was Tesla (TSLA) at 14.5% of the portfolio, followed by Arch Capital (ACGL, 4.7%) and MSCI (MSCI, 4.3%). Compared with Q3 2025, it opened 33 new positions, sold out of 36, added to 122 and reduced 122. The biggest buy was Factset Research Systems (FDS, shares +59%) and the biggest sale Vail Resorts (MTN, shares −16%).

Most Recent 13F
Q2 2026
Notable People
Ron Baron
Location
NEW YORK, NY
CIK
0001017918
Portfolio Value
$36.9B (Q4 2025)
SEC Filing
0001017918-26-000015 ↗ filed Feb 17, 2026

Holdings Value

0$20.0B$40.0B$60.0B$80.0B Q1 2024: $37.5B Q1 2024 Q2 2024: $34.9B Q2 2024 Q3 2024: $37.7B Q3 2024 Q4 2024: $38.7B Q4 2024 Q1 2025: $34.0B Q1 2025 Q2 2025: $36.9B Q2 2025 Q3 2025: $37.7B Q3 2025 Q4 2025: $36.9B $36.9B Q4 2025 Q1 2026: $33.1B Q1 2026 Q2 2026: $66.6B Q2 2026

Holdings 327 stocks · $36.9B

TSLA Tesla Inc. 14.53% 11,927,475 $5.4B Reduce -0.2%
ACGL Arch Capital Group Ltd. 4.67% 17,987,505 $1.7B Reduce -4.1%
MSCI MSCI Inc. 4.28% 2,755,747 $1.6B Add +15.1%
CSGP Costar Group Inc. 3.55% 19,498,099 $1.3B Add +1.3%
IDXX Idexx Laboratories Inc. 3.30% 1,798,041 $1.2B Reduce -4.6%
IT Gartner Inc. 2.88% 4,212,957 $1.1B Reduce -2.5%
GWRE Guidewire Software Inc. 2.80% 5,147,550 $1.0B Reduce -0.4%
H Hyatt Hotels Corp. Class A 2.65% 6,106,485 $979.0M Reduce -0.2%
FDS Factset Research Systems Inc. 2.27% 2,888,845 $838.3M Add +58.8%
RRR Red Rock Resorts Inc. Class A 2.10% 12,519,892 $775.6M Add +2.0%
SCHW Schwab (charles) Corp. 1.91% 7,060,309 $705.4M Reduce -1.0%
CHH Choice Hotels Intl Inc. 1.91% 7,386,575 $703.6M Add +37.8%
KNSL Kinsale Capital Group Inc. 1.89% 1,781,201 $696.7M Reduce -0.4%
FIGS Figs Inc. Class A 1.85% 59,959,449 $681.1M Add +0.0%
MTN Vail Resorts Inc. 1.73% 4,809,928 $638.8M Reduce -15.7%
SPOT Spotify Technology SA 1.57% 997,291 $579.1M Add +0.9%
NVDA Nvidia Corp. 1.51% 2,988,943 $557.4M Add +0.1%
SHOP Shopify Inc. Class A 1.00% 2,288,270 $368.3M Add +0.1%
BIRK Birkenstock Holding PLC 0.88% 7,966,037 $325.8M Add +25.4%
IBKR Interactive Brokers Gro Class A 0.81% 4,643,376 $298.6M Add +0.7%
PRI Primerica Inc. 0.79% 1,132,544 $292.6M Reduce -19.6%
VRSK Verisk Analytics Inc. 0.79% 1,302,611 $291.4M Add +6.7%
AMZN Amazon.com Inc. 0.77% 1,225,159 $282.8M Add +13.6%
MORN Morningstar Inc. 0.73% 1,241,794 $269.9M Reduce -12.2%
SITE Siteone Landscape Supply Inc. 0.68% 2,028,366 $252.7M Add +3.1%
ONON On Holding AG Class A filed as ON HLDG AG 0.68% 5,405,486 $251.2M Add +13.9%
VRT Vertiv Holdings Co. Class A 0.68% 1,545,572 $250.4M Reduce -25.4%
WELL Welltower Inc. 0.64% 1,277,492 $237.1M Add +7.6%
APH Amphenol Corp. Class A 0.63% 1,710,742 $231.2M Reduce -9.5%
CBRE CBRE Group Inc. Class A 0.59% 1,359,332 $218.6M Reduce -0.3%
MTD Mettler-Toledo International 0.55% 146,334 $204.0M Reduce -30.8%
HLI Houlihan Lokey Inc. 0.53% 1,123,951 $195.8M Reduce -0.6%
TSM Taiwan Semiconductor-SP ADR 0.52% 634,652 $192.9M Add +4.7%
JLL Jones Lang Lasalle Inc. 0.51% 564,297 $189.9M Add +0.0%
CWAN Clearwater Analytics HDS-A 0.51% 7,816,447 $188.5M Add +1.8%
AVGO Broadcom Inc. 0.50% 537,840 $186.1M Add +8.1%
META Meta Platforms Inc. Class A 0.48% 270,126 $178.3M Add +1.9%
BN Brookfield Corp. 0.45% 3,635,917 $166.9M Add +0.9%
MSFT Microsoft Corp. 0.45% 341,758 $165.3M Add +1.9%
DKNG Draftkings Inc. Class A 0.44% 4,674,455 $161.1M Add +13.8%
TOL Toll Brothers Inc. 0.43% 1,166,270 $157.7M Add +0.8%
BABA Alibaba Group Holding-SP ADR 0.43% 1,071,647 $157.1M Add +6.8%
INTA Intapp Inc. 0.41% 3,327,989 $152.5M Add +15.5%
WYNN WYNN Resorts Ltd. 0.40% 1,219,590 $146.8M Reduce -8.8%
IOT Samsara Inc. Class A 0.40% 4,120,031 $146.1M Add +21.9%
LOAR Loar Holdings Inc. 0.39% 2,119,505 $144.1M Add +17.2%
PLD Prologis Inc. 0.38% 1,109,127 $141.6M Add +24.4%
KRMN Karman Holdings Inc. 0.38% 1,914,221 $140.1M Reduce -19.3%
PWR Quanta Services Inc. 0.38% 328,010 $138.4M Reduce -8.1%
RBC RBC Bearings Inc. 0.37% 303,110 $135.9M Reduce -7.5%
LLYVK Liberty Live Holdings Class C 0.36% 1,613,666 $134.2M Add +10.6%
GDS GDS Holdings Ltd. - ADR filed as GDS HLDGS LTD 0.36% 3,784,848 $132.1M Reduce -11.1%
ARGX Argenx SE - ADR 0.35% 153,719 $129.3M Reduce -8.3%
MELI MercadoLibre Inc. 0.34% 61,964 $124.8M Reduce -1.1%
PLNT Planet Fitness Inc. Class A 0.34% 1,150,028 $124.7M No change
ABNB Airbnb Inc. Class A 0.32% 880,076 $119.4M Add +52.1%
TTAN Servicetitan Inc. Class A 0.32% 1,096,931 $116.8M Add +13.9%
FICO Fair Isaac Corp. 0.31% 68,651 $116.1M Reduce -9.5%
NOVT Novanta Inc. 0.30% 936,962 $111.5M Add +49.4%
EQIX Equinix Inc. 0.30% 145,429 $111.4M Reduce -18.5%
PCOR Procore Technologies Inc. 0.30% 1,515,982 $110.3M Add +2.4%
IBP Installed Building Products 0.30% 423,182 $109.8M Reduce -7.6%
HEI.A Heico Corp. Class A 0.30% 434,342 $109.6M Add +2.3%
JBTM JBT Marel Corp. 0.29% 700,040 $105.5M No change
CRH CRH PLC 0.29% 844,634 $105.4M Add +0.2%
TDG Transdigm Group Inc. 0.28% 77,799 $103.5M Reduce -5.3%
BFAM Bright Horizons Family Solut 0.28% 1,013,488 $102.8M Add +7.9%
CPNG Coupang Inc. 0.27% 4,274,350 $100.8M Reduce -0.7%
LVS Las Vegas Sands Corp. 0.26% 1,497,892 $97.5M Add +23.0%
ICLR Icon PLC 0.26% 534,248 $97.4M Reduce -22.0%
EXAS Exact Sciences Corp. 0.26% 954,547 $96.9M Reduce -55.4%
VTR Ventas Inc. 0.26% 1,219,483 $94.4M Add +615.1%
FROG Jfrog Ltd. 0.25% 1,493,518 $93.3M Add +19.6%
LLY Eli Lilly & Co. 0.25% 86,476 $92.9M Add +1.0%
ROP Roper Technologies Inc. 0.25% 207,437 $92.3M Reduce -8.2%
KTOS Kratos Defense & Security 0.25% 1,209,773 $91.8M Reduce -37.4%
BX Blackstone Inc. 0.24% 580,010 $89.4M Reduce -5.9%
RGEN Repligen Corp. 0.24% 544,779 $89.3M Add +42.7%
FWONK Liberty Media Corp. Class C 0.24% 900,000 $88.7M No change
SNOW Snowflake Inc. 0.23% 381,878 $83.8M Add +2.3%
GLPI Gaming and Leisure Propertie 0.23% 1,858,796 $83.1M Reduce -63.9%
FND Floor & Decor Holdings Inc. Class A 0.22% 1,354,401 $82.5M Reduce -11.3%
BAP Credicorp Ltd. 0.22% 285,044 $81.8M Reduce -3.7%
NET Cloudflare Inc. Class A 0.22% 409,604 $80.8M Reduce -9.8%
HLT Hilton Worldwide Holdings Inc. 0.21% 267,703 $76.9M Add +1.2%
INDI Indie Semiconductor Inc. Class A 0.21% 21,705,742 $76.6M Add +0.7%
DRVN Driven Brands Holdings Inc. 0.20% 5,000,261 $74.1M No change
ROL Rollins Inc. 0.20% 1,208,539 $72.5M Reduce -5.6%
WST West Pharmaceutical Services 0.20% 263,189 $72.4M Reduce -12.5%
BWIN Baldwin Insurance Group Inc./ filed as THE BALDWIN INSURANCE GRP IN 0.20% 3,010,428 $72.3M Add +0.0%
TECH Bio-Techne Corp. 0.19% 1,207,499 $71.0M Reduce -51.6%
ESTA Establishment Labs Holdings 0.19% 961,226 $70.1M Reduce -18.7%
TRU Transunion 0.19% 813,353 $69.7M Reduce -1.1%
HQY Healthequity Inc. 0.19% 756,025 $69.3M Reduce -0.5%
ALKT Alkami Technology Inc. 0.19% 2,983,065 $68.8M Add +24.6%
CGNX Cognex Corp. 0.19% 1,900,166 $68.4M No change
HTFL Heartflow Inc. 0.18% 2,303,877 $67.2M Add +86.2%
DDOG Datadog Inc. Class A 0.18% 490,582 $66.7M Reduce -9.1%
DT Dynatrace Inc. 0.18% 1,499,500 $65.0M Add +8.8%
VMC Vulcan Materials Co. 0.17% 225,132 $64.2M Add +0.9%
NPO Enpro Inc. 0.17% 298,850 $64.0M Add +3.3%
EFOR Everforth Inc. filed as ASGN INC 0.17% 1,310,800 $63.1M Reduce -0.8%
CAKE The Cheesecake Factory Inc. 0.17% 1,250,037 $63.1M No change
AEIS Advanced Energy Industries 0.17% 299,141 $62.6M Reduce -23.7%
LPLA LPL Financial Holdings Inc. 0.17% 175,245 $62.6M Reduce -15.7%
V Visa Inc. Class A 0.17% 177,148 $62.1M Reduce -0.2%
YMM Full Truck Alliance -SPN ADR 0.17% 5,772,623 $61.9M Reduce -8.6%
SKY Champion Homes Inc. 0.17% 725,542 $61.3M New
MRCY Mercury Systems Inc. 0.17% 835,823 $61.0M Reduce -35.5%
MAC The Macerich Co. 0.16% 3,286,261 $60.7M Add +12.9%
AXON Axon Enterprise Inc. 0.16% 106,441 $60.5M Add +86.0%
LGN Legence Corp. Class A 0.16% 1,395,682 $60.1M Add +0.2%
CDNA Caredx Inc. 0.16% 3,155,180 $59.4M No change
MPWR Monolithic Power Systems Inc. 0.16% 65,227 $59.1M Add +35.3%
VEEV Veeva Systems Inc. Class A 0.16% 262,070 $58.5M Reduce -19.5%
RDNT Radnet Inc. 0.16% 810,066 $57.8M No change
HEI Heico Corp. 0.16% 177,633 $57.5M No change
AAON Aaon Inc. 0.15% 738,016 $56.3M Add +1.5%
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.15% 3,335,290 $55.8M Add +91.8%
ISRG Intuitive Surgical Inc. 0.15% 97,334 $55.1M Reduce -2.3%
FA First Advantage Corp. 0.15% 3,750,173 $54.5M No change
LPX Louisiana-Pacific Corp. 0.15% 674,577 $54.5M Reduce -4.1%
COO The Cooper Cos Inc. 0.15% 664,491 $54.5M Add +0.1%
ODD Oddity Tech Ltd. Class A 0.15% 1,353,715 $54.4M Reduce -1.7%
NCNO Ncino Inc. 0.15% 2,102,737 $53.9M Add +2.4%
ONT Onterris Inc. filed as MONTROSE ENVIRONMENTAL GROUP 0.15% 2,160,599 $53.6M Add +0.0%
GTLB Gitlab Inc. Class A 0.14% 1,426,527 $53.5M Reduce -10.7%
LOW Lowe's Cos Inc. 0.14% 221,833 $53.5M Reduce -8.5%
BMI Badger Meter Inc. 0.14% 300,046 $52.3M Add +17.9%
NTSK Netskope Inc. Class A 0.14% 2,981,743 $52.3M Add +28.1%
TXRH Texas Roadhouse Inc. 0.14% 314,886 $52.3M Add +9.2%
MSGS Madison Square Garden Sports 0.14% 200,015 $51.7M Reduce -11.1%
BAM Brookfield Asset Mgmt-A 0.14% 984,871 $51.6M No change
WING Wingstop Inc. 0.14% 215,231 $51.3M Add +34.7%
NVMI Nova Ltd. 0.14% 154,511 $50.7M Add +40.9%
SSNC Ss&c Technologies Holdings 0.14% 578,673 $50.6M Reduce -0.7%
GOOGL Alphabet Inc. Class A 0.13% 157,498 $49.3M Add +0.0%
MASI Masimo Corp. 0.13% 373,899 $48.6M Reduce -3.8%
AMT American Tower Corp. 0.13% 267,813 $47.0M Reduce -49.9%
STEP Stepstone Group Inc. Class A 0.13% 730,557 $46.9M Add +22.1%
SPG Simon Property Group Inc. 0.13% 252,790 $46.8M Add +5.4%
HNGE Hinge Health Inc. Class A 0.13% 999,570 $46.4M Add +5.8%
MA Mastercard Inc. Class A 0.12% 79,958 $45.6M Reduce -10.6%
WAY Waystar Holding Corp. 0.12% 1,393,634 $45.6M New
CWST Casella Waste Systems Inc. Class A 0.12% 446,242 $43.7M New
ZS Zscaler Inc. 0.12% 190,968 $43.0M Add +3.9%
WMS Advanced Drainage Systems Inc. 0.12% 294,678 $42.7M No change
VMRK Vivmark Residential filed as EQUITY RESIDENTIAL 0.12% 675,281 $42.6M Add +22.5%
SITM Sitime Corp. 0.11% 116,493 $41.1M Reduce -34.6%
TW Tradeweb Markets Inc. Class A 0.11% 381,337 $41.0M Reduce -2.8%
STVN Stevanato Group SPA 0.11% 2,001,724 $40.3M Add +1.4%
VRNS Varonis Systems Inc. 0.11% 1,226,240 $40.2M Add +119.3%
STUB Stubhub Holdings Inc. Class A 0.11% 2,953,213 $40.0M Reduce -1.4%
ACLX Arcellx Inc. 0.11% 609,697 $39.8M Add +10.8%
BAH Booz Allen Hamilton Holdings 0.11% 469,264 $39.6M Add +42.3%
LYV Live Nation Entertainment Inc. 0.11% 277,801 $39.6M Add +4.8%
FBIN Fortune Brands Innovations I 0.10% 773,799 $38.7M New
SQM Quimica Y Minera Chil-SP ADR filed as SOCIEDAD QUIMICA Y MINERA DE 0.10% 562,105 $38.7M Reduce -6.5%
NEOG Neogen Corp. 0.10% 5,509,659 $38.5M Reduce -19.6%
BXMT Blackstone Mortgage Tru Class A 0.10% 2,000,621 $38.3M Add +17.9%
S Sentinelone Inc. Class A 0.10% 2,536,596 $38.0M Reduce -11.6%
PONY Pony AI Inc. 0.10% 2,586,581 $37.5M Add +10.8%
JEF Jefferies Financial Group Inc. 0.10% 596,528 $37.0M Add +14.8%
GOOG Alphabet Inc. Class C 0.10% 117,784 $37.0M Add +0.5%
PRMB Primo Brands Corp. 0.10% 2,252,512 $36.8M No change
PAR Par Technology Corp. 0.10% 1,004,536 $36.4M Reduce -41.3%
TME Tencent Music Entertainm-ADR 0.10% 2,068,105 $36.3M Add +12.5%
TEAM Atlassian Corp. Class A 0.10% 219,283 $35.6M Add +25.1%
MC Moelis & Co. Class A 0.10% 513,197 $35.3M Reduce -2.4%
WCN Waste Connections Inc. 0.10% 200,000 $35.1M No change
NOW ServiceNow Inc. 0.09% 224,966 $34.5M Reduce -10.5%
CRWD CrowdStrike Holdings Inc. Class A 0.09% 71,721 $33.6M Add +26.9%
EXPO Exponent Inc. 0.09% 470,868 $32.7M Reduce -6.3%
CDW CDW Corp. 0.09% 231,243 $31.5M Reduce -11.7%
KKR KKR & Co. Inc. 0.09% 246,351 $31.4M Add +12.9%
AVNT Avient Corp. 0.08% 1,000,000 $31.2M No change
INSP Inspire Medical Systems Inc. 0.08% 337,486 $31.1M Add +77.6%
ILMN Illumina Inc. 0.08% 219,566 $28.8M Add +5.5%
WTW Willis Towers Watson PLC 0.08% 86,388 $28.4M Reduce -10.3%
CDRO Codere Online Luxembourg SA 0.08% 3,503,284 $28.1M No change
FIG Figma Inc. Class A 0.08% 750,000 $28.0M No change
FWONA Liberty Media Corp. Class A 0.08% 311,588 $27.8M Reduce -1.9%
TWFG TWFG Inc. 0.07% 954,463 $27.5M Add +0.0%
VCYT Veracyte Inc. 0.07% 645,621 $27.2M No change
GDYN Grid Dynamics Holdings Inc. 0.07% 3,000,322 $27.1M No change
RKT Rocket Cos Inc. Class A 0.07% 1,398,360 $27.1M New
ASML ASML Holding NV-NY Reg SHS 0.07% 24,431 $26.1M Reduce -22.7%
AFYA Afya Ltd. Class A 0.07% 1,688,274 $26.0M Reduce -2.4%
GLIBK Liberty Capital Corp. Class C filed as GCI LIBERTY INC 0.07% 681,440 $25.4M New
ZLAB Zai Lab Ltd.-ADR 0.07% 1,418,005 $25.0M Add +3.4%
GCMG GCM Grosvenor Inc. Class A 0.07% 2,200,349 $24.9M Add +0.0%
CWK Cushman & Wakefield Ltd. 0.07% 1,481,285 $24.0M New
TMHC Taylor Morrison Home Corp. 0.06% 400,419 $23.6M Reduce -56.6%
XYZ Block Inc. 0.06% 360,345 $23.5M Reduce -24.3%
CVCO Cavco Industries Inc. 0.06% 37,078 $21.9M New
DLR Digital Realty Trust Inc. 0.06% 138,178 $21.4M Reduce -52.8%
TEM Tempus AI Inc. Class A 0.06% 355,446 $21.0M Add +35.0%
NP Neptune Insurance Holdi Class A 0.06% 708,728 $20.7M New
SPGI S&P Global Inc. 0.06% 38,907 $20.3M Reduce -13.8%
ARX Accelerant Holdings Class A 0.05% 1,209,114 $19.8M Reduce -0.8%
XP XP Inc. Class A 0.05% 1,195,477 $19.6M Reduce -35.6%
XPEV Xpeng Inc. - ADR 0.05% 940,642 $19.1M Add +1.3%
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.05% 500,036 $19.0M Reduce -72.2%
MCO Moody's Corp. 0.05% 35,709 $18.2M Reduce -0.9%
SAIL Sailpoint Inc. 0.05% 898,793 $18.2M Reduce -18.8%
APO Apollo Global Management Inc. 0.05% 124,814 $18.1M Reduce -2.0%
DXCM Dexcom Inc. 0.05% 257,500 $17.1M Reduce -5.5%
EPAC Enerpac Tool Group Corp. 0.05% 446,217 $17.1M No change
TMO Thermo Fisher Scientific Inc. 0.05% 28,820 $16.7M Add +16.6%
MIR Mirion Technologies Inc. 0.04% 650,000 $15.2M Add +30.0%
WIX Wix.com Ltd. 0.04% 146,216 $15.2M Reduce -2.2%
EGP Eastgroup Properties Inc. 0.04% 84,614 $15.1M No change
VIA Via Transportation Inc. Class A 0.04% 519,380 $15.1M Add +55.8%
SPRY Ars Pharmaceuticals Inc. 0.04% 1,268,532 $14.8M No change
ARQT Arcutis Biotherapeutics Inc. 0.04% 504,700 $14.7M New
AGYS Agilysys Inc. 0.04% 120,846 $14.4M Add +13.8%
ASIC Ategrity Specialty Holdings 0.04% 669,792 $14.1M Reduce -1.4%
CME Cme Group Inc. 0.04% 51,437 $14.0M Add +6.2%
BLLN Billiontoone Inc. Class A 0.04% 170,000 $13.9M New
DHR Danaher Corp. 0.04% 60,709 $13.9M Add +28.3%
BXP BXP Inc. 0.04% 202,984 $13.7M Reduce -62.6%
INTU Intuit Inc. 0.04% 20,463 $13.6M Reduce -15.7%
HLLY Holley Inc. 0.04% 3,250,000 $13.4M No change
ANDG Andersen Group Inc. Class A 0.04% 500,000 $13.0M New
IEX Idex Corp. 0.03% 71,314 $12.7M Reduce -67.4%
AZN Astrazeneca PLC-Spons ADR 0.03% 135,025 $12.4M Reduce -3.6%
TRNS Transcat Inc. 0.03% 203,477 $11.5M Add +6.2%
SNPS Synopsys Inc. 0.03% 23,255 $10.9M Reduce -2.2%
AHR American Healthcare REIT Inc. 0.03% 226,459 $10.7M Add +13.2%
CNS Cohen & Steers Inc. 0.03% 165,076 $10.4M Reduce -90.5%
ANET Arista Networks Inc. 0.03% 77,982 $10.2M Reduce -20.4%
CG The Carlyle Group Inc. 0.03% 157,000 $9.3M Reduce -6.0%
WY Weyerhaeuser Co. 0.02% 378,848 $9.0M New
EXR Extra Space Storage Inc. 0.02% 64,735 $8.4M New
DB Deutsche Bank AG-Registered 0.02% 202,402 $7.8M Reduce -6.4%
HST Host Hotels & Resorts Inc. 0.02% 420,544 $7.5M Reduce -7.8%
RPAY Repay Holdings Corp. 0.02% 2,000,000 $7.3M Reduce -46.7%
PDD PDD Holdings Inc. 0.02% 62,386 $7.1M No change
VRSN Verisign Inc. 0.02% 28,090 $6.8M Reduce -68.3%
AMH American Homes 4 Rent- A 0.02% 212,379 $6.8M Reduce -81.0%
BYD Boyd Gaming Corp. 0.02% 79,700 $6.8M No change
FVRR Fiverr International Ltd. 0.02% 342,344 $6.8M Reduce -12.1%
MUFG Mitsubishi Ufj Finl-Spon ADR 0.02% 422,964 $6.7M Reduce -6.4%
INSM Insmed Inc. 0.02% 38,200 $6.6M No change
SHO Sunstone Hotel Investors Inc. 0.02% 686,050 $6.1M New
ABBV Abbvie Inc. 0.02% 24,800 $5.7M Add +18.1%
COST Costco Wholesale Corp. 0.01% 6,349 $5.5M No change
COHR Coherent Corp. 0.01% 29,482 $5.4M Add +55.2%
KRC Kilroy Realty Corp. 0.01% 142,997 $5.3M Add +107.3%
ADC Agree Realty Corp. 0.01% 74,128 $5.3M No change
A Agilent Technologies Inc. 0.01% 38,777 $5.3M Reduce -6.4%
LITE Lumentum Holdings Inc. 0.01% 13,930 $5.1M Add +10.7%
HGV Hilton Grand Vacations Inc. 0.01% 110,200 $4.9M No change
ESS Essex Property Trust Inc. 0.01% 18,525 $4.8M New
LRCX Lam Research Corp. 0.01% 28,029 $4.8M Add +107.2%
BSX Boston Scientific Corp. 0.01% 47,000 $4.5M Reduce -32.9%
VKTX Viking Therapeutics Inc. 0.01% 125,827 $4.4M Reduce -0.7%
PEN Penumbra Inc. 0.01% 13,926 $4.3M Add +3.2%
WH Wyndham Hotels & Resorts Inc. 0.01% 56,080 $4.2M New
MCK McKesson Corp. 0.01% 5,000 $4.1M Reduce -5.7%
HDB HDFC Bank Ltd.-ADR 0.01% 111,871 $4.1M Add +4.2%
TRNO Terreno Realty Corp. 0.01% 67,525 $4.0M No change
SMMD iShares Russell 2500 ETF 0.01% 51,896 $3.9M New
AAPL Apple Inc. 0.01% 14,293 $3.9M Add +58.3%
POOL Pool Corp. 0.01% 16,621 $3.8M Add +5.5%
TEVA Teva Pharmaceutical-SP ADR 0.01% 120,000 $3.7M Add +9.1%
CYBR Cyberark Software Ltd./Israel 0.01% 8,105 $3.6M Reduce -69.7%
IRDM Iridium Communications Inc. 0.01% 200,000 $3.5M Reduce -70.7%
ABVX Abivax SA-ADR 0.01% 25,000 $3.4M Add +78.6%
GILD Gilead Sciences Inc. 0.01% 26,500 $3.3M Add +10.4%
VOYG Voyager Technologies Inc. Class A 0.01% 120,000 $3.1M No change
EW Edwards Lifesciences Corp. 0.01% 34,125 $2.9M Add +16.0%
IONS Ionis Pharmaceuticals Inc. 0.01% 36,000 $2.8M Add +44.0%
SYK Stryker Corp. 0.01% 8,000 $2.8M Reduce -55.6%
ROIV Roivant Sciences Ltd. 0.01% 125,000 $2.7M Add +19.1%
AEM Agnico Eagle Mines Ltd. 0.01% 14,922 $2.5M Reduce -30.5%
HUBS HubSpot Inc. 0.01% 6,122 $2.5M Reduce -34.2%
VAC Marriott Vacations World 0.01% 41,800 $2.4M No change
VRTX Vertex Pharmaceuticals Inc. 0.01% 5,200 $2.4M No change
PODD Insulet Corp. 0.01% 7,886 $2.2M Add +38.4%
VGT Vanguard Info Tech ETF 0.01% 2,682 $2.0M New
UNH Unitedhealth Group Inc. 0.01% 6,000 $2.0M Add +39.5%
EHC Encompass Health Corp. 0.01% 17,500 $1.9M No change
MU Micron Technology Inc. 0.00% 6,351 $1.8M New
ELAN Elanco Animal Health Inc. 0.00% 80,000 $1.8M New
HOOD Robinhood Markets Inc. Class A 0.00% 15,950 $1.8M Reduce -24.1%
RHI Robert Half Inc. 0.00% 57,600 $1.6M No change
KYMR Kymera Therapeutics Inc. 0.00% 20,000 $1.6M Add +185.7%
COF Capital One Financial Corp. 0.00% 6,135 $1.5M Add +53.4%
MDGL Madrigal Pharmaceuticals Inc. 0.00% 2,500 $1.5M Reduce -3.9%
NVO Novo-Nordisk A/S-Spons ADR 0.00% 27,426 $1.4M Add +27.9%
ALNY Alnylam Pharmaceuticals Inc. 0.00% 3,500 $1.4M No change
DEI Douglas Emmett Inc. 0.00% 124,363 $1.4M Reduce -92.9%
XENE Xenon Pharmaceuticals Inc. 0.00% 30,000 $1.3M No change
ASND Ascendis Pharma A/S 0.00% 5,600 $1.2M No change
MS Morgan Stanley 0.00% 6,600 $1.2M New
BLK BlackRock Inc. 0.00% 1,052 $1.1M Reduce -4.4%
VCTR Victory Capital Holding - A 0.00% 16,596 $1.0M No change
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC 0.00% 5,110 $932K Reduce -14.8%
PGR Progressive Corp. 0.00% 3,580 $815K Reduce -45.8%
BRK.A Berkshire Hathaway Inc. Class A 0.00% 1 $755K No change
JNJ Johnson & Johnson 0.00% 3,600 $745K New
PTGX Protagonist Therapeutics Inc. 0.00% 8,300 $725K New
GS Goldman Sachs Group Inc. 0.00% 800 $703K No change
THC Tenet Healthcare Corp. 0.00% 3,500 $696K No change
HD Home Depot Inc. 0.00% 2,000 $688K No change
QCOM Qualcomm Inc. 0.00% 4,000 $684K No change
GRAL Grail Inc. 0.00% 7,713 $660K No change
EFX Equifax Inc. 0.00% 2,865 $622K Reduce -18.1%
KMX Carmax Inc. 0.00% 10,875 $420K No change
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.00% 4,000 $410K No change
FLUT Flutter Entertainment PLC-Di 0.00% 1,852 $398K Add +11475.0%
NTRA Natera Inc. 0.00% 1,652 $378K Reduce -52.8%
RBRK Rubrik Inc. Class A 0.00% 4,752 $363K New
CMG Chipotle Mexican Grill Inc. 0.00% 8,912 $330K New
HLNE Hamilton Lane Inc. Class A 0.00% 2,113 $284K New
LSCC Lattice Semiconductor Corp. 0.00% 3,827 $282K New
MANH Manhattan Associates Inc. 0.00% 1,550 $269K No change
RYAN Ryan Specialty Holdings Inc. 0.00% 4,621 $239K New
RDDT Reddit Inc. Class A 0.00% 793 $182K New
BWXT BWX Technologies Inc. 0.00% 859 $148K New
SBAC SBA Communications Corp. 0.00% 600 $116K No change
BNTX Biontech SE-ADR 0.00% 776 $74K Reduce -85.3%
RACE Ferrari NV 0.00% 98 $36K Add +790.9%
WSO Watsco Inc. 0.00% 103 $35K New
ORCL Oracle Corp. 0.00% 19 $4K New
PI Impinj Inc. 0.00% 19 $3K No change

Portfolio Sells Q3 2025 → Q4 2025

MTN Vail Resorts Inc. Reduce -15.7% 1.73% −0.53
GLPI Gaming and Leisure Propertie Reduce -63.9% 0.23% −0.41
GWRE Guidewire Software Inc. Reduce -0.4% 2.80% −0.35
CNS Cohen & Steers Inc. Reduce -90.5% 0.03% −0.27
PRI Primerica Inc. Reduce -19.6% 0.79% −0.24
KTOS Kratos Defense & Security Reduce -37.4% 0.25% −0.22
TREX Trex Company Inc. Sold out 0.00% −0.22
ITGR Integer Holdings Corp. Sold out 0.00% −0.21
DUOL Duolingo Sold out 0.00% −0.21
TTD Trade Desk Inc./the Class A Reduce -72.2% 0.05% −0.18
TECH Bio-Techne Corp. Reduce -51.6% 0.19% −0.18
VNO Vornado Realty Trust Sold out 0.00% −0.15
VRT Vertiv Holdings Co. Class A Reduce -25.4% 0.68% −0.15
AMT American Tower Corp. Reduce -49.9% 0.13% −0.14
MORN Morningstar Inc. Reduce -12.2% 0.73% −0.14
MTD Mettler-Toledo International Reduce -30.8% 0.55% −0.14
IT Gartner Inc. Reduce -2.5% 2.88% −0.13
KNSL Kinsale Capital Group Inc. Reduce -0.4% 1.89% −0.13
IRM Iron Mountain Inc. Sold out 0.00% −0.12
MRCY Mercury Systems Inc. Reduce -35.5% 0.17% −0.10
VEEV Veeva Systems Inc. Class A Reduce -19.5% 0.16% −0.10
TMHC Taylor Morrison Home Corp. Reduce -56.6% 0.06% −0.10
DAY Dayforce Inc. Sold out 0.00% −0.10
CPNG Coupang Inc. Reduce -0.7% 0.27% −0.09
DHI D.R. Horton Inc. Sold out 0.00% −0.09
BEKE Ke Holdings Inc.-ADR Sold out 0.00% −0.09
HLI Houlihan Lokey Inc. Reduce -0.6% 0.53% −0.08
PAR Par Technology Corp. Reduce -41.3% 0.10% −0.08
ODD Oddity Tech Ltd. Class A Reduce -1.7% 0.15% −0.08
AMH American Homes 4 Rent- A Reduce -81.0% 0.02% −0.08
GDS GDS Holdings Ltd. - ADR Reduce -11.1% 0.36% −0.08
DLR Digital Realty Trust Inc. Reduce -52.8% 0.06% −0.08
FND Floor & Decor Holdings Inc. Class A Reduce -11.3% 0.22% −0.08
KRMN Karman Holdings Inc. Reduce -19.3% 0.38% −0.07
JBI Janus International Group Inc. Sold out 0.00% −0.07
BXP BXP Inc. Reduce -62.6% 0.04% −0.07
DEI Douglas Emmett Inc. Reduce -92.9% 0.00% −0.07
EQIX Equinix Inc. Reduce -18.5% 0.30% −0.07
IRT Independence Realty Trust Inc. Sold out 0.00% −0.06
IEX Idex Corp. Reduce -67.4% 0.03% −0.06
WYNN WYNN Resorts Ltd. Reduce -8.8% 0.40% −0.06
METC Ramaco Resources Inc. Class A Sold out 0.00% −0.05
ICLR Icon PLC Reduce -22.0% 0.26% −0.05
MELI MercadoLibre Inc. Reduce -1.1% 0.34% −0.05
YMM Full Truck Alliance -SPN ADR Reduce -8.6% 0.17% −0.05
ROP Roper Technologies Inc. Reduce -8.2% 0.25% −0.05
EXAS Exact Sciences Corp. Reduce -55.4% 0.26% −0.05
VRSN Verisign Inc. Reduce -68.3% 0.02% −0.05
GTLB Gitlab Inc. Class A Reduce -10.7% 0.14% −0.05
GFI Gold Fields Ltd.-Spons ADR Sold out 0.00% −0.04

Portfolio Buys Q3 2025 → Q4 2025

FDS Factset Research Systems Inc. Add +58.8% 2.27% +0.89
FIGS Figs Inc. Class A Add +0.0% 1.85% +0.78
MSCI MSCI Inc. Add +15.1% 4.28% +0.68
CHH Choice Hotels Intl Inc. Add +37.8% 1.91% +0.39
VTR Ventas Inc. Add +615.1% 0.26% +0.22
SKY Champion Homes Inc. New 0.17% +0.17
ONON On Holding AG Class A Add +13.9% 0.68% +0.15
CWAN Clearwater Analytics HDS-A Add +1.8% 0.51% +0.14
AMZN Amazon.com Inc. Add +13.6% 0.77% +0.14
ABNB Airbnb Inc. Class A Add +52.1% 0.32% +0.14
NOVT Novanta Inc. Add +49.4% 0.30% +0.14
WAY Waystar Holding Corp. New 0.12% +0.12
BIRK Birkenstock Holding PLC Add +25.4% 0.88% +0.12
CWST Casella Waste Systems Inc. Class A New 0.12% +0.12
RRR Red Rock Resorts Inc. Class A Add +2.0% 2.10% +0.11
PLD Prologis Inc. Add +24.4% 0.38% +0.11
RGEN Repligen Corp. Add +42.7% 0.24% +0.11
FBIN Fortune Brands Innovations I New 0.10% +0.10
INTA Intapp Inc. Add +15.5% 0.41% +0.10
SHOP Shopify Inc. Class A Add +0.1% 1.00% +0.10
FROG Jfrog Ltd. Add +19.6% 0.25% +0.10
LVS Las Vegas Sands Corp. Add +23.0% 0.26% +0.09
WELL Welltower Inc. Add +7.6% 0.64% +0.08
LLY Eli Lilly & Co. Add +1.0% 0.25% +0.08
NU Nu Holdings Ltd./Cayman Isl-A Add +91.8% 0.15% +0.08
TSM Taiwan Semiconductor-SP ADR Add +4.7% 0.52% +0.07
RKT Rocket Cos Inc. Class A New 0.07% +0.07
HTFL Heartflow Inc. Add +86.2% 0.18% +0.07
AVGO Broadcom Inc. Add +8.1% 0.50% +0.07
GLIBK Liberty Capital Corp. Class C New 0.07% +0.07
JLL Jones Lang Lasalle Inc. Add +0.0% 0.51% +0.07
CWK Cushman & Wakefield Ltd. New 0.07% +0.07
IOT Samsara Inc. Class A Add +21.9% 0.40% +0.06
CVCO Cavco Industries Inc. New 0.06% +0.06
TTAN Servicetitan Inc. Class A Add +13.9% 0.32% +0.06
NP Neptune Insurance Holdi Class A New 0.06% +0.06
AXON Axon Enterprise Inc. Add +86.0% 0.16% +0.05
LGN Legence Corp. Class A Add +0.2% 0.16% +0.05
INSP Inspire Medical Systems Inc. Add +77.6% 0.08% +0.05
NVMI Nova Ltd. Add +40.9% 0.14% +0.04
MPWR Monolithic Power Systems Inc. Add +35.3% 0.16% +0.04
ARQT Arcutis Biotherapeutics Inc. New 0.04% +0.04
BLLN Billiontoone Inc. Class A New 0.04% +0.04
ANDG Andersen Group Inc. Class A New 0.04% +0.04
NVDA Nvidia Corp. Add +0.1% 1.51% +0.03
WING Wingstop Inc. Add +34.7% 0.14% +0.03
GOOGL Alphabet Inc. Class A Add +0.0% 0.13% +0.03
DKNG Draftkings Inc. Class A Add +13.8% 0.44% +0.03
ALKT Alkami Technology Inc. Add +24.6% 0.19% +0.03
COO The Cooper Cos Inc. Add +0.1% 0.15% +0.03

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 345$66.6BSPCX, TSLA, MSCI, ACGL, H
Q1 2026 326$33.1BTSLA, ACGL, MSCI, GWRE, IT
Q4 2025 327$36.9BTSLA, ACGL, MSCI, CSGP, IDXX
Q3 2025 330$37.7BTSLA, ACGL, CSGP, MSCI, IDXX
Q2 2025 306$36.9BTSLA, ACGL, CSGP, IT, GWRE
Q1 2025 314$34.0BTSLA, ACGL, IT, CSGP, MSCI
Q4 2024 316$38.7BTSLA, IT, ACGL, CSGP, MSCI
Q3 2024 328$37.7BTSLA, ACGL, IT, CSGP, MSCI
Q2 2024 329$34.9BTSLA, ACGL, IT, CSGP, FDS
Q1 2024 332$37.5BTSLA, IT, ACGL, CSGP, MSCI