In plain English: this page lists every stock Ron Baron's fund told the SEC it owned at the end of the quarter, biggest first, and what changed since the quarter before — "New" means they bought it for the first time, "Sold" means they sold all of it. The list is at least 6 weeks old, and it is only part of their investments (no cash, bonds or bets against stocks).
Educational and informational only, not personalized investment advice. Based on public filings that may be delayed or contain errors; verify with the original filings. Disclaimer
Reported value ⓘTotal of long stock positions in this 13F. Options are listed separately and not included.
$66.64B
Q2 2026
Quarter change
+101.2%
vs Q1 2026 ($33.13B)
Holdings
345
Top-10 weight 60.9%
Activity
54 new · 35 sold out
117 added to · 154 trimmed
Investing style at a glance · Q2 2026
- Concentrated: 345 stocks, with 60.9% of the portfolio in the 10 largest.
- Biggest sector: Information Technology (50.8% of the portfolio).
- Turnover this quarter: moderate — 54 new positions and 35 sold out (117 added to, 154 trimmed).
- Largest position: SPCX at 37.4% of the portfolio.
Worked out from this 13F only (long stock positions). ⓘConcentration: The share of a portfolio in its 10 largest positions. High = a few big bets; low = spread out. Guide ⓘTurnover: How many positions were opened or closed this quarter compared with the number held. Guide
Portfolio value over time
Reported 13F value per quarter
Sector allocation
Q2 2026
- Information Technology50.8%
- Consumer Discretionary19.6%
- Financials11.3%
- Industrials6.9%
- Health Care3.8%
- Communication Services2.7%
- Real Estate2.5%
- Materials1.8%
- Utilities0.2%
- Consumer Staples0.1%
- Unclassified0.1%
- Energy0.1%
- ETFs & Funds0.0%
Top holdings over time
Share of the portfolio each quarter (current top 5)
Quarter-by-quarter activity
Positions bought (new or added) vs sold (trimmed or exited)
🔒 The advanced charts (performance, sector allocation over time, adds vs. trims) is a Plus feature
You're viewing the Free plan. Upgrade to unlock The advanced charts (performance, sector allocation over time, adds vs. trims) — every paid plan starts with a 7-day free trial, and you can cancel in two clicks.
Column filters
| Ticker | Company | Sector | Shares | Value ↓ | % of portfolio | Change | Δ shares | Δ shares % | Est. Δ value ⓘChange in shares × this quarter's price |
|---|---|---|---|---|---|---|---|---|---|
| SPCX | Space Exploration Technologies Corp (Class A) | Information Technology | 145.78M | $24.91B | 37.4% | New | +145.8M | — | +$24.91B |
| BXDC | Blackstone Digital Infrastructure Trust Inc | Real Estate | 7.62M | $164.83M | 0.2% | New | +7.6M | — | +$164.83M |
| MRNA | Moderna, Inc | Health Care | 1.99M | $139.32M | 0.2% | New | +2.0M | — | +$139.32M |
| MTH | Meritage Homes CORP | Industrials | 1.34M | $112.50M | 0.2% | New | +1.3M | — | +$112.50M |
| CBRS | Cerebras Systems Inc (Class A) | Information Technology | 295.03K | $65.20M | 0.1% | New | +295.0K | — | +$65.20M |
| FBIN | Fortune Brands Innovations, Inc | Materials | 1.16M | $63.60M | 0.1% | New | +1.2M | — | +$63.60M |
| SHAK | Shake Shack Inc (Class A) | Consumer Discretionary | 1.04M | $58.02M | 0.1% | New | +1.0M | — | +$58.02M |
| DPC | DPC Holdings PLC | Materials | 1.04M | $50.94M | 0.1% | New | +1.0M | — | +$50.94M |
| AADX | Applied Aerospace & Defense, Inc | Industrials | 2.17M | $49.52M | 0.1% | New | +2.2M | — | +$49.52M |
| MAIR | Madison Air Solutions Corp (Class A) | Industrials | 1.17M | $45.61M | 0.1% | New | +1.2M | — | +$45.61M |
| ARXS | Arxis, Inc (Class A) | Industrials | 982.80K | $45.35M | 0.1% | New | +982.8K | — | +$45.35M |
| PHM | Pultegroup Inc | Industrials | 329.73K | $45.24M | 0.1% | New | +329.7K | — | +$45.24M |
| KBH | KB Home | Industrials | 599.14K | $37.50M | 0.1% | New | +599.1K | — | +$37.50M |
| LCLN | Lincoln International, Inc (Class A) | Financials | 1.51M | $36.09M | 0.1% | New | +1.5M | — | +$36.09M |
| HROW | Harrow, Inc | Health Care | 809.35K | $34.37M | 0.1% | New | +809.4K | — | +$34.37M |
| JHX | James Hardie Industries plc | Materials | 1.22M | $31.98M | 0.0% | New | +1.2M | — | +$31.98M |
| DFTX | Definium Therapeutics, Inc | Health Care | 520.11K | $24.47M | 0.0% | New | +520.1K | — | +$24.47M |
| FRVO | Fervo Energy Co (Class A) | Utilities | 751.11K | $21.96M | 0.0% | New | +751.1K | — | +$21.96M |
| CWK | Cushman & Wakefield Ltd | Real Estate | 1.56M | $20.86M | 0.0% | New | +1.6M | — | +$20.86M |
| MHK | Mohawk Industries Inc | Consumer Discretionary | 171.70K | $20.83M | 0.0% | New | +171.7K | — | +$20.83M |
| BXP | BXP, Inc | Real Estate | 312.55K | $20.72M | 0.0% | New | +312.5K | — | +$20.72M |
| ARE | Alexandria Real Estate Equities, Inc | Real Estate | 336.18K | $17.77M | 0.0% | New | +336.2K | — | +$17.77M |
| HAWK | HawkEye 360, Inc | Information Technology | 694.91K | $14.05M | 0.0% | New | +694.9K | — | +$14.05M |
| XPEV | Xpeng Inc | Consumer Discretionary | 1.01M | $13.43M | 0.0% | New | +1.0M | — | +$13.43M |
| XE | X-Energy, Inc (Class A) | Industrials | 695.54K | $12.77M | 0.0% | New | +695.5K | — | +$12.77M |
| BIPC | Brookfield Infrastructure Corp (Class A) | Utilities | 287.74K | $11.08M | 0.0% | New | +287.7K | — | +$11.08M |
| IEMG | Ishares Core MSCI Emerging | ETFs & Funds | 111.94K | $9.27M | 0.0% | New | +111.9K | — | +$9.27M |
| AMD | Advanced Micro Devices Inc | Information Technology | 12.29K | $7.14M | 0.0% | New | +12.3K | — | +$7.14M |
| INIO | Innio N.v. | Industrials | 175.00K | $6.92M | 0.0% | New | +175.0K | — | +$6.92M |
| FLIN | Franklin Ftse India ETF | ETFs & Funds | 185.95K | $6.61M | 0.0% | New | +186.0K | — | +$6.61M |
| CURB | Curbline Properties Corp | Real Estate | 189.64K | $5.77M | 0.0% | New | +189.6K | — | +$5.77M |
| UNH | Unitedhealth Group Inc | Health Care | 10.06K | $4.18M | 0.0% | New | +10.1K | — | +$4.18M |
| AMAT | Applied Materials Inc | Information Technology | 3.39K | $2.45M | 0.0% | New | +3.4K | — | +$2.45M |
| WH | Wyndham Hotels & Resorts, Inc | Consumer Discretionary | 25.96K | $2.19M | 0.0% | New | +26.0K | — | +$2.19M |
| BE | Bloom Energy Corp (Class A) | Industrials | 7.20K | $2.18M | 0.0% | New | +7.2K | — | +$2.18M |
| ELV | Elevance Health, Inc | Financials | 5.00K | $1.93M | 0.0% | New | +5.0K | — | +$1.93M |
| JPM | Jpmorgan Chase & Co | Financials | 5.30K | $1.73M | 0.0% | New | +5.3K | — | +$1.73M |
| AXP | American Express Co | Financials | 2.70K | $913.27K | 0.0% | New | +2.7K | — | +$913.27K |
| SCCO | Southern Copper Corp | Materials | 5.20K | $906.67K | 0.0% | New | +5.2K | — | +$906.67K |
| AER | AerCap Holdings N.V. | Industrials | 6.20K | $903.84K | 0.0% | New | +6.2K | — | +$903.84K |
| AXSM | Axsome Therapeutics, Inc | Health Care | 3.00K | $734.31K | 0.0% | New | +3.0K | — | +$734.31K |
| ITUB | Itau Unibanco Holding S.A. | Financials | 83.97K | $686.00K | 0.0% | New | +84.0K | — | +$686.00K |
| TNGX | Tango Therapeutics, Inc | Health Care | 15.00K | $468.90K | 0.0% | New | +15.0K | — | +$468.90K |
| VIK | Viking Holdings Ltd | Industrials | 4.48K | $468.61K | 0.0% | New | +4.5K | — | +$468.61K |
| AME | Ametek Inc | Information Technology | 1.68K | $406.46K | 0.0% | New | +1.7K | — | +$406.46K |
| ASND | Ascendis Pharma A/S | Health Care | 1.50K | $400.08K | 0.0% | New | +1.5K | — | +$400.08K |
| ELVN | Enliven Therapeutics, Inc | Health Care | 7.50K | $380.62K | 0.0% | New | +7.5K | — | +$380.62K |
| NAMS | NewAmsterdam Pharma Co N.V. | Health Care | 9.00K | $305.01K | 0.0% | New | +9.0K | — | +$305.01K |
| PBR | Petrobras - Petroleo Brasileiro SA | Energy | 18.67K | $301.64K | 0.0% | New | +18.7K | — | +$301.64K |
| VALE | Vale S.A. | Materials | 14.47K | $217.69K | 0.0% | New | +14.5K | — | +$217.69K |
Column filters
| Ticker | Company | Sector | Shares sold | Value last quarter ↓ |
|---|---|---|---|---|
| BMI | Badger Meter Inc | Information Technology | -312.2K | $47.57M |
| ALKT | Alkami Technology, Inc | Information Technology | -2.3M | $36.17M |
| SKY | Champion Homes, Inc | Materials | -469.8K | $34.94M |
| — | Taylor Morrison Home Corp | Unclassified | -554.5K | $32.29M |
| VRNS | Varonis Systems Inc | Information Technology | -1.2M | $26.61M |
| GLIBK | Liberty Capital Corp (Class C) | Communication Services | -688.4K | $25.61M |
| SHW | Sherwin Williams Co | Consumer Discretionary | -70.8K | $22.71M |
| ARX | Accelerant Holdings (Class A) | Financials | -1.2M | $16.15M |
| INSP | Inspire Medical Systems, Inc | Health Care | -298.5K | $15.40M |
| NOW | ServiceNow, Inc | Information Technology | -134.3K | $14.04M |
| EPRT | Essential Properties Realty Trust, Inc | Real Estate | -434.8K | $13.20M |
| WIX | Wix.com Ltd | Information Technology | -136.1K | $12.26M |
| SPRY | ARS Pharmaceuticals, Inc | Health Care | -1.3M | $10.22M |
| AHR | American Healthcare REIT, Inc | Real Estate | -204.2K | $9.63M |
| CG | Carlyle Group Inc | Financials | -157.0K | $7.60M |
| PDD | PDD Holdings Inc | Industrials | -61.9K | $6.33M |
| ADC | Agree Realty Corp | Real Estate | -83.3K | $6.28M |
| VIA | Via Transportation, Inc (Class A) | Information Technology | -371.0K | $5.56M |
| AMT | American Tower Corp | Real Estate | -23.7K | $4.09M |
| VKTX | Viking Therapeutics, Inc | Health Care | -125.5K | $4.08M |
| — | Clearwater Analytics Hds-A (Class A) | Unclassified | -154.9K | $3.66M |
| FVRR | Fiverr International Ltd | Industrials | -327.9K | $3.29M |
| AMH | American Homes 4 Rent (Class A) | Real Estate | -94.0K | $2.62M |
| PODD | Insulet Corp | Health Care | -11.2K | $2.36M |
| SEI | Solaris Energy Infrastructure, Inc (Class A) | Industrials | -39.0K | $2.20M |
| — | Terns Pharmaceuticals Inc | Health Care | -35.0K | $1.85M |
| SYK | Stryker Corp | Health Care | -5.5K | $1.81M |
| ABBV | AbbVie Inc | Health Care | -8.0K | $1.74M |
| — | Ascendis Pharma A/s | Health Care | -5.6K | $1.28M |
| — | Apogee Therapeutics Inc | Health Care | -15.0K | $1.26M |
| MDLN | Medline Inc (Class A) | Health Care | -14.0K | $623.00K |
| KMX | Carmax Inc | Consumer Discretionary | -10.9K | $452.18K |
| RHI | Robert Half Inc | Industrials | -15.6K | $396.24K |
| RMBS | Rambus Inc | Information Technology | -3.1K | $267.64K |
| TEAM | Atlassian Corp (Class A) | Information Technology | -1.8K | $125.92K |
13F filings on record (4)
🔒 This manager's full history (all quarters and every 13F filing on record) is a Basic feature
You're viewing the Free plan. Upgrade to unlock This manager's full history (all quarters and every 13F filing on record) — every paid plan starts with a 7-day free trial, and you can cancel in two clicks.