Ron Baron portfolio: what Baron Capital holds
The founder of Baron Capital, a long-term investor in growth companies who holds positions for decades.
Stock portfolio value
$66.6B
Stock positions
345
Report date
30 June 2026
Filed
14 August 2026
Largest positions
| # | Company | Weight | Value | Last quarter |
|---|---|---|---|---|
| 1 | Space Exploration Techn CorpSPCX | 37.4% | $24.9B | New |
| 2 | Tesla IncTSLA | 7.9% | $5.3B | Added +5% |
| 3 | Msci IncMSCI | 2.7% | $1.8B | Added +19% |
| 4 | Arch Cap Group Ltd | 2.3% | $1.5B | Trimmed -5% |
| 5 | Hyatt Hotels CorpH | 2.1% | $1.4B | Added +15% |
| 6 | Shopify IncSHOP | 1.9% | $1.3B | Added +136% |
| 7 | Spotify Technology S A | 1.7% | $1.1B | Added +84% |
| 8 | Guidewire Software IncGWRE | 1.7% | $1.1B | Added +36% |
| 9 | Schwab Charles CorpSCHW | 1.6% | $1.1B | Added +56% |
| 10 | Red Rock Resorts IncRRR | 1.6% | $1.1B | Added +22% |
| 11 | Idexx Labs IncIDXX | 1.6% | $1.0B | Added +21% |
| 12 | Choice Hotels Intl IncCHH | 1.5% | $1.0B | Added +21% |
| 13 | Gartner IncIT | 1.5% | $985.2M | Added +28% |
| 14 | Factset Resh Sys IncFDS | 1.5% | $966.5M | Added +12% |
| 15 | Vail Resorts IncMTN | 1.3% | $890.0M | Added +30% |
| 16 | Kinsale Cap Group IncKNSL | 1.3% | $878.6M | Added +31% |
| 17 | Verisk Analytics IncVRSK | 1.3% | $844.3M | Added +87% |
| 18 | Birkenstock Holding Plc | 1% | $634.2M | Added +57% |
| 19 | Figs IncFIGS | 0.9% | $613.4M | — |
| 20 | Costar Group IncCSGP | 0.9% | $612.5M | Added +33% |
New positions last quarter
- Space Exploration Techn Corp$24.9B
- Blackstone Digital Infrastru$164.8M
- Moderna Inc$139.3M
- Meritage Homes Corp$112.5M
Positions sold
- Badger Meter Inc$47.6M
- Alkami Technology Inc$36.2M
- Champion Homes Inc$34.9M
- Taylor Morrison Home Corp$32.3M
- Varonis Sys Inc$26.6M
- Gci Liberty Inc$25.6M
- Sherwin Williams Co$22.7M
- Accelerant Holdings$16.1M
- Inspire Med Sys Inc$15.4M
- Servicenow Inc$14.0M
Source: SEC filing. Values count stock positions only; options are left out of the totals and tables.
How to use this page
A 13F filing shows what a manager held on the last day of a quarter, published up to 45 days later. It is a snapshot, not a trading signal: the manager may already have bought or sold since. Learn more in How to read 13F filings.
For information only, not investment advice. 13F filings are delayed by up to 45 days and do not show cash, bonds, short positions or non-US stocks.