Ron Baron

Baron Capital

Ronald Stephen Baron is a prominent American mutual fund manager and the founder of Baron Capital, a New York City-based investment management firm. With a substantial influence in the investment community, Baron Capital focuses on long-term growth and value investing, managing approximately $49 billion in assets as of December 2025. Baron is known for his disciplined investment philosophy, emphasizing the importance of thorough research and a long-term perspective in stock selection. Baron Capital manages the Baron Funds, which are designed to achieve superior returns through a concentrated portfolio of high-quality growth companies. The firm's investment strategy revolves around identifying innovative businesses with strong management teams and sustainable competitive advantages, primarily in sectors such as technology, consumer cyclical, and healthcare. The disclosed trading record for Baron Capital reveals a dynamic approach with 200 reported transactions, including 53 position increases and 114 reductions. The firm's largest disclosed move involved trimming its position in Tesla Inc (TSLA) by approximately $927.7 million on May 15, 2026. This activity underscores a strategic adjustment in their portfolio as they navigate market conditions.

Latest Trades

CompanyValueActionChangePriceLast Price
Houlihan Lokey, Inc. Class A Common StockHLI$152M1.1M sharesTrimQ1 2026 13F$43M$153.82$137.95
American Tower CorpAMT$4M23.7k sharesTrimQ1 2026 13F$43M$179.93$168.92
Bio-Techne CorpTECH$29M561.4k sharesTrimQ1 2026 13F$42M$55.79$71.68
Kratos Defense & Security Solutions, Inc.KTOS$50M715.4k sharesTrimQ1 2026 13F$41M$87.98$45.94
Ron Baron (Baron Capital) add Unmapped 13F securityPORTFOLIO$179M325.8k sharesAddQ1 2026 13F$40M$549.02--
Ron Baron (Baron Capital) other Unmapped 13F securityPORTFOLIO$40M530.2k sharesOtherQ1 2026 13F$40M$75.47--
Arcellx, Inc.ACLX$-39.8MExitQ1 2026 13F$40M$88.26$115.07
Fortune Brands Innovations IncFBIN$-38.7MExitQ1 2026 13F$39M$56.19$51.15
Karman Holdings Inc.KRMN$102M1.3M sharesTrimQ1 2026 13F$38M$80.05$47.45
RBC Bearings IncRBC$99M181.5k sharesTrimQ1 2026 13F$37M$553.86$570.91
MGM Resorts InternationalMGM$37M996.5k sharesOtherQ1 2026 13F$37M$37.01$46.84
Banco Bradesco S.A.BBD$37M10.1M sharesOtherQ1 2026 13F$37M$3.65$3.55
Planet Fitness IncPLNT$89M1.2M sharesTrimQ1 2026 13F$35M$87.93$52.24
Mettler-Toledo International, Inc. Common StockMTD$169M133.6k sharesTrimQ1 2026 13F$35M$1,261.20$1,316.55
Atlassian Corp PLCTEAM$126k1.8k sharesTrimQ1 2026 13F$35M$76.70$94.54
EnPro Industries, Inc.NPO$98M391.7k sharesAddQ1 2026 13F$34M$250.65$324.64
Brookfield Asset Management Ltd.BAM.TO$18M398.1k sharesTrimQ1 2026 13F$34M$44.45$52.39
ALKAMI TECHNOLOGY INCALKT$36M2.3M sharesTrimQ1 2026 13F$33M$16.73$18.10
Penn National Gaming, Inc.PENN$31M2.1M sharesOtherQ1 2026 13F$31M$15.03$21.27
Meta Platforms, Inc. - Class A Common StockMETA$147M256.7k sharesTrimQ1 2026 13F$31M$640.86$681.31
Las Vegas Sands Corp. Common StockLVS$66M1.2M sharesTrimQ1 2026 13F$31M$53.88$44.79
XP Inc. - Class A (XP)XP$51M2.7M sharesAddQ1 2026 13F$31M$19.04$16.68
Toll Brothers IncTOL$127M932k sharesTrimQ1 2026 13F$31M$136.47$153.19
Wynn Resorts, LimitedWYNN$176M1.7M sharesAddQ1 2026 13F$30M$101.55$97.05
Veeva Systems IncVEEV$30M168.1k sharesTrimQ1 2026 13F$29M$182.08$199.26
Welltower Inc.WELL$266M1.3M sharesAddQ1 2026 13F$29M$205.11$244.00
Once Upon A Farm PbcOFRM$29M1.7M sharesOtherQ1 2026 13F$29M$16.35$18.34
ARGEN-X SEARGX$101M138.6k sharesTrimQ1 2026 13F$28M$755.37$860.68
Ron Baron (Baron Capital) trim Unmapped 13F securityPORTFOLIO$12M1.9M sharesTrimQ1 2026 13F$28M$6.24--
CRH plcCRH.L$78M739.2k sharesTrimQ1 2026 13F$28M$105.12$105.12
Full Truck Alliance Co. Ltd.YMM$35M4.2M sharesTrimQ1 2026 13F$27M$8.30$9.20
Interactive Brokers Group, Inc.IBKR$271M4M sharesTrimQ1 2026 13F$27M$70.11$93.29
Roper Technologies IncROP$66M186.2k sharesTrimQ1 2026 13F$26M$349.29$364.21
Skyline Champion CorpSKY$35M469.8k sharesTrimQ1 2026 13F$26M$92.13$86.02
Jefferies Group LLCJEF$63M1.5M sharesAddQ1 2026 13F$26M$51.90$57.15
UDR IncUDR$26M772.6k sharesOtherQ1 2026 13F$26M$33.78$39.90
Moelis & CompanyMC$9M163.2k sharesTrimQ1 2026 13F$26M$57.00$69.25
Heartflow, Inc. Common StockHTFL$93M3.8M sharesAddQ1 2026 13F$26M$24.33$24.56
LPL Financial Holdings IncLPLA$37M121.8k sharesTrimQ1 2026 13F$26M$311.51$327.78
TransUnionTRU$44M641.2k sharesTrimQ1 2026 13F$25M$69.19$77.60
Procore Technologies, Inc.PCOR$85M1.5M sharesTrimQ1 2026 13F$25M$57.00$46.27
Nova Ltd.NVMI$26M59.9k sharesTrimQ1 2026 13F$25M$434.28$462.27
Repligen Corporation - Common StockRGEN$65M548.3k sharesTrimQ1 2026 13F$25M$117.82$148.06
Broadcom Inc.AVGO$162M523.2k sharesTrimQ1 2026 13F$24M$326.34$394.28
Ron Baron (Baron Capital) add Unmapped 13F securityPORTFOLIO$24.1MAddQ1 2026 13F$24M----
Ron Baron (Baron Capital) exit Unmapped 13F securityPORTFOLIO$-24.0MExitQ1 2026 13F$24M----
PAR Technology Corporation Common StockPAR$13M944.3k sharesTrimQ1 2026 13F$24M$13.33$16.88
Snowflake Inc.SNOW$60M398.5k sharesTrimQ1 2026 13F$24M$171.22$271.87
nCino, Inc.NCNO$31M2.1M sharesTrimQ1 2026 13F$23M$14.98$18.16
FactSet Research Systems IncFDS$815M3.8M sharesTrimQ1 2026 13F$23M$206.83$258.17
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