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.

Biggest Wins

PositionReported PriceLast PriceEst. P/LReturnEst. Value
Micron Technology IncMU · Q1 2026$337.84$983.12+$2M+191%$3M
CareDx, Inc.CDNA · Q1 2026$17.36$40.34+$77M+132.4%$135M
Hinge Health, Inc.HNGE · Q1 2026$38.56$87.74+$56M+127.5%$99M
Datadog IncDDOG · Q1 2026$118.05$267.77+$88M+126.8%$157M
Varonis Systems, Inc.VRNS · Q1 2026$21.47$47.33+$32M+120.4%$59M
Palo Alto Networks, Inc.PANW · Q1 2026$160.32$352.89+$3M+120.1%$6M
JFrog Ltd.FROG · Q1 2026$46.93$92.67+$28M+97.5%$57M
First Advantage CorporationFA · Q1 2026$11.76$22.31+$40M+89.7%$84M
Revolution Medicines, Inc.RVMD · Q1 2026$97.25$184.44+$218k+89.7%$461k
Veracyte IncVCYT · Q1 2026$32.21$59.22+$18M+83.9%$39M
Snowflake Inc.SNOW · Q1 2026$150.82$271.87+$48M+80.3%$108M
Veradermics, IncorporatedMANE · Q1 2026$63.15$105.83+$3M+67.6%$6M
AndersenANDG · Q1 2026$27.20$44.64+$16M+64.1%$40M
Establishment Labs Holdings Inc.ESTA · Q1 2026$56.78$92.30+$34M+62.6%$89M
Rubrik, Inc.RBRK · Q1 2026$48.97$79.44+$8M+62.2%$22M
BillionToOne, Inc.BLLN · Q1 2026$78.94$128.00+$36M+62.1%$95M
Guardant Health, Inc.GH · Q1 2026$92.37$149.75+$2M+62.1%$5M
SiTime CorporationSITM · Q1 2026$345.35$555.15+$25M+60.7%$65M
Marriott Vacations Worldwide CorporationVAC · Q1 2026$65.12$101.83+$8M+56.4%$22M
ICON plc - Ordinary SharesICLR · Q1 2026$110.66$172.08+$26M+55.5%$73M
Agilysys, Inc.AGYS · Q1 2026$71.14$110.03+$8M+54.7%$23M
SentinelOne, Inc.S · Q1 2026$12.88$19.68+$13M+52.8%$38M
The Cheesecake Factory IncorporatedCAKE · Q1 2026$54.75$83.31+$29M+52.2%$83M
Illumina, Inc.ILMN · Q1 2026$123.26$187.15+$14M+51.8%$41M
Pebblebrook Hotel TrustPEB · Q1 2026$12.63$18.75+$4M+48.5%$13M
Stevanato Group S.p.A.STVN · Q1 2026$13.75$20.10+$16M+46.2%$50M
Robert Half International IncRHI · Q1 2026$25.40$36.70+$176k+44.5%$573k
TWFG, Inc. Common StockTWFG · Q1 2026$18.39$26.53+$9M+44.3%$30M
Lam Research Corporation - Common StockLRCX · Q1 2026$213.66$306.76+$11M+43.6%$36M
Robinhood Markets, Inc.HOOD · Q1 2026$69.30$99.48+$233k+43.5%$768k
West Pharmaceutical Services, Inc.WST · Q1 2026$250.64$359.00+$22M+43.2%$72M
Penn National Gaming, Inc.PENN · Q1 2026$15.03$21.27+$13M+41.5%$45M
CarMax IncKMX · Q1 2026$41.58$58.47+$184k+40.6%$636k
Arista Networks IncANET · Q1 2026$122.78$171.92+$5M+40%$18M
GRAIL, Inc.GRAL · Q1 2026$51.68$71.96+$156k+39.2%$555k
Interactive Brokers Group, Inc.IBKR · Q1 2026$67.07$93.29+$106M+39.1%$378M
Block, Inc.XYZ · Q1 2026$60.18$83.46+$4M+38.7%$14M
Atlassian Corp PLCTEAM · Q1 2026$68.25$94.54+$49k+38.5%$174k
Jefferies Group LLCJEF · Q1 2026$41.27$57.15+$24M+38.5%$87M
Reddit, Inc.RDDT · Q1 2026$134.65$186.22+$142k+38.3%$514k
QUALCOMM IncorporatedQCOM · Q1 2026$128.78$177.98+$197k+38.2%$712k
Lattice Semiconductor CorporationLSCC · Q1 2026$92.76$127.74+$255k+37.7%$931k
Bio-Techne CorpTECH · Q1 2026$52.26$71.68+$11M+37.2%$40M
Impinj IncPI · Q1 2026$102.68$140.76+$723+37.1%$2.7k
Kymera Therapeutics, Inc.KYMR · Q1 2026$83.29$113.99+$614k+36.9%$2M
The Macerich CompanyMAC · Q1 2026$18.90$25.83+$28M+36.7%$106M
AAON, Inc.AAON · Q1 2026$82.75$111.42+$24M+34.6%$94M
Cohen & Steers Inc Common StockCNS · Q1 2026$62.55$83.24+$3M+33.1%$14M
Natera, Inc.NTRA · Q1 2026$199.99$265.25+$1M+32.6%$4M
Douglas Emmett, Inc.DEI · Q1 2026$9.42$12.48+$381k+32.5%$2M