Baron Capital

Q2 2024 13F · by Ron Baron, CEO

As of: Jun 30, 2024
Filed: Aug 14, 2024
US stock: $34.9B · prev $37.5B
Positions: 329 · prev 332
Options notional: $0
Documents: 1· no amendments

Picture100.0% US stock

Full picture · of what this 13F reports is US stock

US stock listed on a US exchange 100.0%
Foreign stock not listed in the US 0.0%
Notes debt, at principal 0.0%
Puts at notional value 0.0%
Calls at notional value 0.0%

Moves285 since the prior filing

+3.2 pp in · −3.6 pp out

New 22 +0.67 pp
Added 101 +2.50 pp
Trimmed 137 −2.84 pp
Exited 25 −0.77 pp

The book

Diversified · behaves like 41 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 11% a year, about 8.8 years per position

Low
Moderate
High

Top 5 positions27% of US stock

Positions329 in this filing · 25 exited


TSLATesla, Inc.	8.79%	15,516,436	$3.1B	trimmed−10%	+0.72 pp	42 q
ACGLArch Capital Group Ltd	6.04%	20,920,200	$2.1B	trimmed−1%	+0.86 pp	45 q
ITGartner, Inc.	5.38%	4,183,919	$1.9B	trimmed−2%	−0.02 pp	45 q
CSGPCoStar Group Inc	4.09%	19,270,998	$1.4B	trimmed−0%	−0.89 pp	45 q
FDSFactset Research Systems	3.10%	2,652,470	$1.1B	trimmed−3%	−0.21 pp	45 q
MSCIMSCI, Inc.	3.06%	2,215,410	$1.1B	trimmed−2%	−0.31 pp	45 q
IDXXIdexx Laboratories Inc	2.84%	2,035,337	$992M	trimmed−3%	−0.19 pp	45 q
MTNVail Resorts, Inc.	2.60%	5,048,808	$909M	added+5%	−0.25 pp	45 q
GWREGuidewire Software, Inc.	2.42%	6,125,291	$845M	trimmed−1%	+0.49 pp	45 q
HHyatt Hotels Corporation	2.36%	5,414,796	$823M	added+1%	+0.07 pp	45 q
KNSLKinsale Capital Group, Inc.	2.00%	1,816,122	$700M	trimmed−5%	−0.69 pp	31 q
RRRRed Rock Resorts, Inc. Class A	1.65%	10,516,775	$578M	added+1%	−0.01 pp	33 q
CHHChoice Hotels Intnl.	1.63%	4,770,041	$568M	added0%	+0.03 pp	45 q
AKXAnsys Inc	1.58%	1,715,443	$552M	trimmed−2%	−0.05 pp	45 q
SCHWThe Charles Schwab Corporation	1.56%	7,374,681	$543M	trimmed−1%	+0.13 pp	45 q
PRIPrimerica, Inc.	1.25%	1,843,312	$436M	trimmed−3%	−0.03 pp	45 q
NVDANvidia Corp	1.19%	3,352,471	$414M	trimmed−25%	+0.12 pp	24 q
MTDMettler-Toledo International	1.18%	294,604	$412M	trimmed−3%	+0.10 pp	45 q
MORNMorningstar, Inc.	1.11%	1,306,937	$387M	trimmed−0%	+0.03 pp	45 q
GLPIGaming and Leisure Properties, Inc.	1.07%	8,248,597	$373M	trimmed−0%	+0.06 pp	43 q
VRSKVerisk Analytics, Inc.	1.00%	1,290,835	$348M	trimmed−1%	+0.18 pp	45 q
TECHBio-Techne Corp.	0.98%	4,776,592	$342M	trimmed−4%	+0.04 pp	39 q
VRTVertiv Holdings Co Class A	0.94%	3,800,000	$329M	trimmed−22%	−0.12 pp	18 q
ICLRIcon Plc	0.87%	971,926	$305M	added0%	0.00 pp	45 q
IRDMIridium Communications Inc.	0.85%	11,182,841	$298M	trimmed−6%	+0.02 pp	41 q
SPOTSpotify Technology S.A.	0.80%	885,403	$278M	added+2%	+0.19 pp	25 q
MSFTMicrosoft Corp	0.79%	620,929	$278M	added+6%	+0.13 pp	27 q
WSTWest Pharmaceutical Services, Inc.	0.72%	763,168	$251M	trimmed−14%	−0.22 pp	45 q
AMZNAmazon.Com Inc	0.60%	1,081,880	$209M	added+2%	+0.09 pp	45 q
EFOREverforth, Inc.	0.54%	2,127,200	$188M	trimmed−4%	−0.08 pp	24 q
TTDThe Trade Desk, Inc.	0.53%	1,880,288	$184M	trimmed−1%	+0.09 pp	31 q
BFAMBright Horizons Family Solutions Inc.	0.52%	1,635,596	$180M	trimmed−2%	+0.02 pp	45 q
DAYDayforce, Inc.	0.50%	3,533,774	$175M	added+3%	−0.11 pp	25 q
GTLSChart Inds Inc	0.50%	1,203,963	$174M	added+3%	−0.01 pp	10 q
HLIHoulihan Lokey, Inc.	0.50%	1,293,279	$174M	trimmed−0%	+0.06 pp	27 q
SITESiteOne Landscape Supply, Inc.	0.50%	1,451,090	$176M	trimmed−3%	−0.20 pp	33 q
FICOFair Isaac Corporation	0.49%	114,783	$171M	trimmed−16%	+0.03 pp	19 q
SHOPShopify Inc. Class A subordinate voting shares	0.49%	2,598,919	$172M	added+18%	+0.04 pp	19 q
FNDFloor & Decor Holdings, Inc.	0.48%	1,678,484	$167M	trimmed−8%	−0.15 pp	29 q
TREXTrex Company, Inc.	0.48%	2,271,388	$168M	trimmed−1%	−0.13 pp	42 q
BIRKBirkenstock Holding plc	0.47%	3,024,414	$165M	added+2%	+0.10 pp	3 q
TSMTaiwan Semiconductor Manufacturing Company Ltd.	0.45%	897,650	$156M	trimmed−16%	+0.06 pp	45 q
CPNGCoupang, Inc.	0.44%	7,392,395	$155M	trimmed−7%	+0.06 pp	14 q
ROPRoper Technologies, Inc.	0.43%	263,997	$149M	trimmed−0%	+0.03 pp	45 q
CNSCohen & Steers Inc.	0.42%	2,043,035	$148M	trimmed−5%	−0.02 pp	45 q
EQIXEquinix, Inc.	0.41%	191,220	$145M	trimmed−4%	−0.03 pp	38 q
FIGSFIGS, Inc.	0.41%	26,687,323	$142M	added+4%	+0.07 pp	13 q
METAMeta Platforms, Inc. Class A	0.41%	286,143	$144M	added+1%	+0.04 pp	45 q
ALTRAltair Engineering Inc. Class A	0.39%	1,385,507	$136M	held	—	27 q
IBPInstalled Building Products, Inc.	0.39%	661,043	$136M	trimmed−17%	−0.16 pp	27 q
TDGTransDigm Group Incorporated	0.37%	100,000	$128M	held	—	45 q
APHAmphenol Corporation	0.36%	1,864,568	$126M	trimmed−0%	+0.07 pp	21 q
TOLToll Brothers, Inc.	0.36%	1,077,864	$124M	trimmed−40%	−0.26 pp	17 q
AREAlexandria Real Estate Equities, Inc.	0.35%	1,045,230	$122M	trimmed−13%	−0.06 pp	45 q
ONONOn Holding AG	0.35%	3,186,882	$124M	trimmed−6%	+0.03 pp	10 q
BWINThe Baldwin Insurance Group, Inc. Class A	0.33%	3,260,000	$116M	added0%	+0.08 pp	19 q
ARGXargenx SE	0.32%	261,478	$112M	trimmed−2%	+0.04 pp	27 q
NEOGNeogen Corp	0.32%	7,205,048	$113M	trimmed−1%	+0.01 pp	45 q
DXCMDexCom, Inc.	0.31%	966,472	$110M	trimmed−0%	−0.05 pp	45 q
DNUTKrispy Kreme, Inc.	0.31%	10,055,689	$108M	added+3%	−0.09 pp	12 q
AMTAmerican Tower Corporation	0.30%	542,487	$105M	added+66%	+0.13 pp	45 q
AZPNAspen Technology Inc	0.30%	519,463	$103M	trimmed−4%	−0.01 pp	8 q
INTAIntapp, Inc.	0.30%	2,816,046	$103M	added+9%	+0.06 pp	2 q
LENLennar Corporation Class A	0.30%	693,189	$104M	added+7%	0.00 pp	23 q
CBRECbre Group, Inc.	0.29%	1,133,993	$101M	added+4%	+0.01 pp	45 q
CRWDCrowdStrike Holdings, Inc. Class A	0.29%	268,697	$103M	trimmed−2%	+0.06 pp	21 q
BABAAlibaba Group Holding Limited	0.28%	1,348,569	$97M	trimmed−9%	0.00 pp	40 q
CWANClearwater Analytics Hds-a	0.28%	5,324,656	$99M	trimmed−1%	+0.03 pp	12 q
VMRKVivmark Residential	0.28%	1,416,757	$98M	added×2.4	+0.18 pp	30 q
IBKRInteractive Brokers Group, Inc. Class A	0.28%	784,968	$96M	added+3%	+0.05 pp	6 q
MELIMercado Libre, Inc	0.28%	59,711	$98M	trimmed−7%	+0.02 pp	24 q
PLNTPlanet Fitness, Inc.	0.28%	1,325,000	$98M	held	—	26 q
INDIindie Semiconductor, Inc. Class A	0.27%	15,151,425	$93M	added+6%	0.00 pp	13 q
PDDPDD Holdings Inc.	0.27%	706,102	$94M	added+26%	+0.10 pp	3 q
RBCRBC Bearings Incorporated	0.27%	347,456	$94M	added0%	+0.02 pp	39 q
DKNGDraftKings Inc. Class A	0.26%	2,392,965	$91M	held	—	17 q
CDWCDW Corporation	0.25%	397,384	$89M	trimmed−0%	−0.02 pp	29 q
CAKECheesecake Factory (The)	0.25%	2,200,000	$86M	held	—	45 q
DHID.R. Horton Inc.	0.25%	631,466	$89M	trimmed−1%	−0.03 pp	23 q
DLRDigital Realty Trust, Inc.	0.25%	582,604	$89M	added+30%	+0.08 pp	18 q
KTOSKratos Defense & Security Solutions, Inc.	0.25%	4,374,077	$88M	held	—	18 q
FWONKLiberty Media Corporation Series C	0.25%	1,200,000	$86M	held	—	4 q
BXBlackstone Inc.	0.24%	690,478	$85M	trimmed−14%	−0.04 pp	10 q
COOThe Cooper Companies, Inc.	0.24%	944,011	$82M	added0%	−0.02 pp	2 q
DEIDouglas Emmett, Inc.	0.24%	6,369,444	$85M	added+1%	+0.01 pp	45 q
YMMFull Truck Alliance Co. Ltd.	0.24%	10,280,046	$83M	trimmed−5%	+0.03 pp	11 q
WELLWelltower Inc.	0.24%	810,074	$84M	added+20%	+0.07 pp	10 q
JBIJanus International Group, Inc.	0.23%	6,348,043	$80M	trimmed−8%	−0.05 pp	13 q
PWRQuanta Services, Inc.	0.23%	321,779	$82M	trimmed−0%	+0.01 pp	6 q
ROLRollins, Inc.	0.23%	1,670,093	$81M	trimmed−0%	+0.02 pp	32 q
CGThe Carlyle Group Inc.	0.22%	1,942,253	$78M	trimmed−0%	−0.02 pp	13 q
VEEVVeeva Systems Inc.	0.22%	423,906	$78M	trimmed−9%	−0.07 pp	29 q
AVBAvalonBay Communities, Inc.	0.21%	347,164	$72M	added×6.8	+0.18 pp	12 q
AVNTAvient Corporation	0.21%	1,700,000	$74M	held	—	19 q
AXONAxon Enterprise, Inc.	0.21%	254,335	$75M	added+1%	0.00 pp	10 q
DDOGDatadog, Inc. Class A	0.21%	571,119	$74M	added+6%	+0.03 pp	20 q
NOWServicenow, Inc.	0.21%	93,946	$74M	added0%	+0.02 pp	36 q
NETCloudflare, Inc. Class A, par value $0.001 per share	0.20%	864,163	$72M	added+2%	−0.02 pp	20 q
CGNXCognex Corp	0.20%	1,500,000	$70M	held	—	45 q
HQYHealthEquity, Inc	0.20%	800,000	$69M	held	—	40 q
ISRGIntuitive Surgical Inc.	0.20%	160,207	$71M	trimmed−3%	+0.02 pp	31 q
TRUTransUnion	0.20%	928,571	$69M	trimmed−0%	0.00 pp	29 q
NUNu Holdings Ltd.	0.20%	5,302,925	$68M	trimmed−29%	−0.04 pp	5 q
VMCVulcan Materials Company(Holding Company)	0.19%	264,703	$66M	added×2.1	+0.10 pp	22 q
WYNNWynn Resorts Ltd	0.19%	735,812	$66M	trimmed−7%	−0.02 pp	6 q
AAPLApple Inc.	0.18%	300,300	$63M	added×148.9	+0.18 pp	8 q
AVGOBroadcom Inc.	0.18%	40,042	$64M	added+67%	+0.10 pp	10 q
GTLBGitLab Inc. Class A	0.18%	1,248,370	$62M	added0%	−0.01 pp	11 q
HEI.AHeico Corp Cl A	0.18%	344,925	$61M	added+4%	+0.04 pp	26 q
HLTHilton Worldwide Holdings Inc.	0.18%	292,039	$64M	added+18%	+0.04 pp	7 q
IEXIDEX Corporation	0.18%	314,612	$63M	trimmed−5%	−0.04 pp	40 q
JBTMJBT Marel Corporation	0.18%	675,000	$64M	added+4%	0.00 pp	30 q
WCNWaste Connections, Inc.	0.18%	350,000	$61M	held	—	32 q
BAPCredicorp LTD	0.18%	382,911	$62M	trimmed−6%	0.00 pp	13 q
CYBRCyberark Software LTD/ISRAEL	0.18%	225,443	$62M	added+1%	+0.02 pp	7 q
FAFirst Advantage Corporation	0.17%	3,750,000	$60M	held	—	13 q
INVHInvitation Homes Inc.	0.17%	1,671,505	$60M	added+41%	+0.06 pp	30 q
PCORProcore Technologies, Inc.	0.17%	905,988	$60M	added+81%	+0.06 pp	4 q
AEISAdvanced Energy Industries Inc	0.16%	513,071	$56M	added0%	+0.02 pp	19 q
DAVAEndava plc	0.16%	1,861,634	$54M	trimmed−12%	−0.05 pp	24 q
LVSLas Vegas Sands Corp.	0.16%	1,223,841	$54M	trimmed−5%	−0.02 pp	11 q
MGMMgm Resorts International	0.16%	1,246,347	$55M	trimmed−41%	−0.10 pp	12 q
MAMastercard Incorporated	0.16%	129,448	$57M	trimmed−3%	−0.01 pp	45 q
PLDPrologis, Inc.	0.16%	497,301	$56M	trimmed−45%	−0.15 pp	31 q
REXRRexford Industrial Realty, Inc.	0.16%	1,289,095	$57M	trimmed−19%	−0.05 pp	39 q
ASMLASML Holding NV	0.16%	53,035	$54M	added0%	+0.02 pp	44 q
ONTOnterris, Inc.	0.15%	1,156,630	$52M	added0%	+0.03 pp	16 q
UTZUtz Brands, Inc.	0.15%	3,250,000	$54M	held	—	17 q
VVISA Inc.	0.15%	195,834	$51M	added+3%	+0.01 pp	45 q
BNBrookfield Corporation	0.14%	1,198,746	$50M	trimmed−7%	0.00 pp	7 q
JLLJones Lang LaSalle, Inc.	0.14%	245,330	$50M	added+6%	+0.02 pp	20 q
PARPAR Technology Corp.	0.14%	1,015,987	$48M	added+13%	+0.03 pp	24 q
SNOWSnowflake Inc.	0.14%	369,330	$50M	trimmed−17%	−0.05 pp	16 q
AFYAAfya Limited Class A	0.14%	2,701,475	$48M	trimmed−9%	−0.01 pp	20 q
ODDODDITY Tech Ltd. Class A	0.14%	1,236,381	$49M	added+16%	+0.02 pp	4 q
INSPInspire Medical Systems, Inc.	0.13%	347,300	$46M	added+65%	+0.01 pp	22 q
MASIMasimo Corporation	0.13%	347,200	$44M	added0%	−0.01 pp	2 q
TXRHTexas Roadhouse, Inc.	0.13%	268,710	$46M	added0%	+0.02 pp	9 q
WEXWEX Inc.	0.13%	253,576	$45M	held	—	45 q
BAHBooz Allen Hamilton Holding Corporation	0.12%	276,047	$42M	added+10%	+0.02 pp	9 q
MSGSMadison Square Garden Sports Corp.	0.12%	225,000	$42M	held	—	35 q
RPAYRepay Holdings Corporation Class A	0.12%	3,912,915	$41M	held	—	19 q
SSNCSS&C Technologies Inc	0.12%	642,598	$40M	trimmed−29%	−0.04 pp	45 q
SSentinelOne, Inc.	0.12%	2,070,974	$44M	added0%	−0.01 pp	4 q
TWTradeweb Markets Inc. Class A	0.12%	388,926	$41M	added+1%	+0.01 pp	21 q
AMDAdvanced Micro Devices	0.11%	228,239	$37M	trimmed−4%	0.00 pp	10 q
DRVNDriven Brands Holdings Inc.	0.11%	3,000,000	$38M	added+50%	+0.03 pp	14 q
IBTAIbotta, Inc.	0.11%	517,112	$39M	new	+0.11 pp	new
NARIInari Medical, Inc.	0.11%	777,152	$37M	held	—	17 q
BZKANZHUN LIMITED American Depository Shares	0.11%	1,973,665	$37M	added+8%	+0.02 pp	6 q
LOWLowe's Companies Inc.	0.11%	169,049	$37M	trimmed−22%	−0.04 pp	23 q
MLMMartin Marietta Materials	0.11%	69,085	$37M	new	+0.11 pp	new
TMETencent Music Entertainment Group	0.11%	2,856,453	$40M	trimmed−22%	0.00 pp	2 q
VRNSVaronis Systems, Inc.	0.11%	793,539	$38M	held	—	21 q
BIDUBaidu, Inc.	0.10%	396,819	$34M	trimmed−46%	−0.11 pp	10 q
BASECouchbase, Inc.	0.10%	1,886,704	$34M	held	—	12 q
HEIHEICO Corporation	0.10%	162,433	$36M	held	—	25 q
ILMNIllumina Inc	0.10%	334,407	$35M	added+23%	0.00 pp	45 q
LPLALPL Financial Holdings Inc.	0.10%	125,641	$35M	added+3%	+0.01 pp	11 q
LLYVKLiberty Media Corp-liberty-c	0.10%	945,353	$36M	added0%	−0.01 pp	4 q
SILKSilk Road Medical, Inc.	0.10%	1,279,115	$35M	trimmed−15%	+0.03 pp	21 q
VRSNVeriSign Inc	0.10%	201,366	$36M	trimmed−48%	−0.10 pp	45 q
XPXP Inc. Class A	0.10%	1,982,505	$35M	trimmed−39%	−0.12 pp	19 q
NVMINova Ltd.	0.10%	148,594	$35M	held	—	23 q
WIXWIX.com Ltd.	0.10%	220,469	$35M	trimmed−8%	+0.01 pp	31 q
AMHAmerican Homes 4 Rent	0.09%	849,903	$32M	added+2%	+0.01 pp	29 q
BAMBrookfield Asset Management Ltd.	0.09%	836,903	$32M	added+14%	+0.01 pp	7 q
EXPOExponent Inc	0.09%	313,262	$30M	held	—	2 q
FOXFFox Factory Holding Corp.	0.09%	675,000	$33M	trimmed−25%	−0.03 pp	4 q
GDYNGrid Dynamics Holdings, Inc. Class A	0.09%	3,000,000	$32M	held	—	18 q
MRCYMercury Systems Inc.	0.09%	1,205,654	$33M	trimmed−35%	−0.06 pp	38 q
MCMoelis & Company	0.09%	547,747	$31M	held	—	41 q
NCNOnCino, Inc.	0.09%	1,000,000	$31M	added+8%	0.00 pp	16 q
ZLABZai Lab Limited	0.09%	1,792,651	$31M	added+12%	+0.02 pp	26 q
ESNTEssent Group LTD	0.09%	529,192	$30M	trimmed−14%	−0.01 pp	32 q
STVNStevanato Group S.p.A.	0.09%	1,663,712	$31M	added+29%	−0.02 pp	11 q
CDNACareDx, Inc.	0.08%	1,876,672	$29M	added+53%	+0.05 pp	2 q
EXKExact Sciences Corp	0.08%	628,000	$27M	added×62.8	+0.08 pp	6 q
GFIGold Fields Ltd	0.08%	1,926,246	$29M	trimmed−14%	−0.02 pp	10 q
SBACSBA Communications Corp	0.08%	141,019	$28M	trimmed−1%	0.00 pp	31 q
SPTSprout Social, Inc Class A	0.08%	750,000	$27M	trimmed−23%	−0.08 pp	9 q
XYZBlock, Inc.	0.08%	430,681	$28M	added0%	−0.02 pp	17 q
TEMTempus AI, Inc. Class A	0.08%	784,397	$27M	new	+0.08 pp	new
UNHUNITEDHEALTH GROUP INCORPORATED (Delaware)	0.08%	55,801	$28M	trimmed−3%	0.00 pp	26 q
VKTXViking Therapeutics, Inc	0.08%	502,819	$27M	added+2%	−0.03 pp	3 q
CDROCodere Online Luxembourg, S.A.	0.08%	3,504,942	$29M	trimmed−1%	+0.01 pp	11 q
DTDynatrace, Inc.	0.07%	571,557	$26M	added0%	0.00 pp	20 q
GDSGDS Holdings Limited	0.07%	2,642,963	$25M	added×6.1	+0.06 pp	2 q
ITGRInteger Holdings Corporation	0.07%	216,677	$25M	new	+0.07 pp	new
LPXLouisiana-Pacific Corp.	0.07%	311,644	$26M	new	+0.07 pp	new
MPWRMonolithic Power Systems, Inc.	0.07%	29,442	$24M	trimmed−7%	+0.01 pp	13 q
TMOThermo Fisher Scientific, Inc.	0.07%	41,137	$23M	added+20%	+0.02 pp	20 q
VCYTVeracyte, Inc.	0.07%	1,125,806	$24M	added+1%	0.00 pp	21 q
WTWWillis Towers Watson Public Limited Company	0.07%	95,073	$25M	trimmed−1%	0.00 pp	34 q
GOOGAlphabet Inc. Class C	0.06%	112,706	$21M	added+19%	+0.02 pp	41 q
GOOGLAlphabet Inc. Class A	0.06%	107,495	$20M	added+60%	+0.03 pp	36 q
COLDAmericold Realty Trust, Inc.	0.06%	850,000	$22M	held	—	26 q
EWCZEuropean Wax Center, Inc. Class A	0.06%	2,000,000	$20M	trimmed−39%	−0.05 pp	12 q
LLYEli Lilly & Co.	0.06%	24,000	$22M	trimmed−8%	+0.01 pp	9 q
MBLYMobileye Global Inc. Class A	0.06%	690,663	$19M	trimmed−1%	0.00 pp	7 q
RGENRepligen Corp	0.06%	172,514	$22M	trimmed−55%	−0.13 pp	8 q
RCKTRocket Pharmaceuticals, Inc.	0.06%	979,331	$21M	trimmed−1%	−0.01 pp	8 q
SPGIS&P Global Inc.	0.06%	44,011	$20M	added+21%	+0.02 pp	26 q
ZSZscaler, Inc.	0.06%	106,740	$21M	trimmed−3%	0.00 pp	26 q
ESTAEstablishment Labs Holdings Inc.	0.06%	430,775	$20M	added0%	0.00 pp	13 q
AAONAaon Inc	0.05%	218,889	$19M	held	—	3 q
ALKTAlkami Technology, Inc.	0.05%	670,048	$19M	added+1%	+0.01 pp	13 q
APOApollo Global Management, Inc.	0.05%	133,616	$16M	added+30%	+0.02 pp	6 q
ACLXArcellx, Inc.	0.05%	342,760	$19M	added+38%	0.00 pp	5 q
DHDefinitive Healthcare Corp. Class A	0.05%	3,491,471	$19M	held	—	12 q
HLLYHolley Inc.	0.05%	5,000,000	$18M	held	—	12 q
HUBSHubspot, Inc.	0.05%	31,711	$19M	trimmed−11%	−0.01 pp	14 q
INTUIntuit Inc	0.05%	24,426	$16M	added+4%	+0.01 pp	18 q
FWONALiberty Media Corporation Series A	0.05%	266,176	$17M	held	—	4 q
LOARLoar Holdings Inc.	0.05%	300,000	$16M	new	+0.05 pp	new
NOVTNovanta Inc.	0.05%	106,455	$17M	held	—	29 q
RIVNRivian Automotive, Inc. Class A	0.05%	1,367,608	$18M	trimmed−40%	−0.02 pp	11 q
SITMSiTime Corporation	0.05%	132,516	$16M	held	—	6 q
GLOBGlobant S.a.	0.05%	94,653	$17M	trimmed−1%	0.00 pp	33 q
ADBEAdobe Inc.	0.04%	24,802	$14M	added+34%	+0.02 pp	27 q
BSXBoston Scientific Corp.	0.04%	159,000	$12M	added+3%	+0.01 pp	5 q
DHRDanaher Corporation	0.04%	59,919	$15M	added+20%	+0.01 pp	26 q
EPACEnerpac Tool Group Corp.	0.04%	410,369	$16M	new	+0.04 pp	new
JEFJefferies Financial Group Inc.	0.04%	279,528	$14M	held	—	11 q
LRCXLam Research Corp	0.04%	11,793	$13M	added0%	+0.01 pp	10 q
LEGNLegend Biotech Corporation	0.04%	309,264	$14M	added+12%	0.00 pp	7 q
MRVIMaravai LifeSciences Holdings, Inc. Class A	0.04%	2,123,651	$15M	held	—	7 q
MRVLMarvell Technology, Inc.	0.04%	191,401	$13M	trimmed−6%	0.00 pp	10 q
MCOMoody's Corporation	0.04%	36,164	$15M	added+12%	+0.01 pp	25 q
RDDTReddit, Inc.	0.04%	211,065	$13M	trimmed−30%	0.00 pp	2 q
YUMCYum China Holdings, Inc.	0.04%	475,345	$15M	trimmed−34%	−0.04 pp	16 q
FVRRFiverr International Ltd.	0.04%	551,592	$13M	trimmed−1%	+0.01 pp	21 q
AAgilent Technologies Inc.	0.03%	82,361	$11M	added+8%	0.00 pp	45 q
AZNNAstrazeneca Plc-spons ADR	0.03%	150,451	$12M	trimmed−9%	0.00 pp	25 q
BILLBILL Holdings, Inc.	0.03%	196,731	$10M	trimmed−11%	−0.01 pp	19 q
MRKMerck & Co., Inc.	0.03%	90,000	$11M	held	—	10 q
IOTSamsara Inc.	0.03%	349,294	$12M	new	+0.03 pp	new
VRTXVertex Pharmaceuticals Inc	0.03%	23,000	$11M	held	—	9 q
ELVElevance Health, Inc.	0.02%	11,600	$6M	added+29%	+0.01 pp	8 q
TEAMAtlassian Corporation Class A	0.02%	36,184	$6M	trimmed−5%	0.00 pp	7 q
BYDBoyd Gaming Corporation	0.02%	107,963	$6M	trimmed−94%	−0.32 pp	30 q
CMECME Group Inc.	0.02%	37,430	$7M	held	—	45 q
CDNSCadence Design Systems	0.02%	17,180	$5M	new	+0.02 pp	new
COSTCostco Wholesale Corp	0.02%	7,715	$7M	held	—	26 q
FBINFortune Brands Innovations, Inc.	0.02%	106,410	$7M	trimmed−64%	−0.05 pp	17 q
HCAHCA Healthcare, Inc.	0.02%	18,300	$6M	held	—	7 q
DOCHealthpeak Properties, Inc.	0.02%	339,151	$7M	new	+0.02 pp	new
IRTIndependence Realty Trust Inc.	0.02%	323,622	$6M	new	+0.02 pp	new
MANHManhattan Associates Inc	0.02%	21,389	$5M	trimmed−13%	0.00 pp	40 q
VACMarriott Vacations Worldwide Corporation	0.02%	89,948	$8M	trimmed−36%	−0.02 pp	45 q
MCKMcKesson Corporation	0.02%	10,800	$6M	held	—	11 q
NVONovo-Nordisk A/S	0.02%	45,982	$7M	trimmed−12%	0.00 pp	3 q
PKPark Hotels & Resorts Inc.	0.02%	359,224	$5M	added+13%	+0.01 pp	2 q
RHRh	0.02%	33,495	$8M	trimmed−65%	−0.07 pp	7 q
SPGSimon Property Group, Inc.	0.02%	43,075	$7M	trimmed−31%	−0.01 pp	3 q
STEPStepStone Group Inc. Class A	0.02%	165,703	$8M	held	—	6 q
SYKStryker Corporation	0.02%	22,000	$7M	added+22%	0.00 pp	3 q
TKOTKO Group Holdings, Inc.	0.02%	51,331	$6M	held	—	4 q
TXG10x Genomics, Inc. Class A	0.02%	314,862	$6M	held	—	20 q
TXNTexas Instruments Incorporated	0.02%	32,673	$6M	added×2.5	+0.01 pp	26 q
ACNAccenture PLC	0.02%	25,923	$8M	trimmed−9%	−0.01 pp	26 q
ACVAACV Auctions Inc.	0.01%	156,395	$3M	held	—	14 q
AEMAgnico Eagle Mines Ltd.	0.01%	58,170	$4M	trimmed−2%	0.00 pp	10 q
9213421DBrookfield Renewable Cor-a	0.01%	68,643	$2M	new	+0.01 pp	new
CERTCertara, Inc.	0.01%	240,000	$3M	trimmed−78%	−0.04 pp	15 q
EWEdwards Lifesciences Corp	0.01%	46,743	$4M	added×6.9	+0.01 pp	45 q
FRTFederal Realty Investment Trust	0.01%	23,854	$2M	new	+0.01 pp	new
FRFirst Industrial Realty Trust, Inc.	0.01%	46,739	$2M	trimmed−46%	0.00 pp	6 q
FISVFiserv, Inc.	0.01%	13,300	$2M	added+1%	0.00 pp	8 q
GMABGenmab A/S	0.01%	87,153	$2M	added+21%	0.00 pp	15 q
GKOSGlaukos Corporation	0.01%	20,000	$2M	new	+0.01 pp	new
HDBHDFC Bank Limited	0.01%	48,611	$3M	trimmed−10%	0.00 pp	11 q
HLNEHamilton Lane Incorporated Class A	0.01%	27,279	$3M	held	—	2 q
HGVHilton Grand Vacations Inc.	0.01%	116,200	$5M	trimmed−29%	−0.01 pp	30 q
IRTCiRhythm Holdings, Inc.	0.01%	46,500	$5M	added+3%	0.00 pp	2 q
LFUSLittelfuse Inc	0.01%	16,517	$4M	held	—	34 q
MACThe Macerich Company	0.01%	201,275	$3M	trimmed−21%	0.00 pp	2 q
MUFGMitsubishi UFJ Financial Group, Inc.	0.01%	343,750	$4M	trimmed−25%	0.00 pp	6 q
NTRANatera, Inc.	0.01%	41,000	$4M	held	—	3 q
NDSNNordson Corp	0.01%	16,268	$4M	held	—	9 q
POOLPool Corporation	0.01%	12,665	$4M	trimmed−86%	−0.09 pp	19 q
TROWT Rowe Price Group Inc	0.01%	15,968	$2M	trimmed−91%	−0.05 pp	45 q
PGRProgressive Corporation	0.01%	11,600	$2M	trimmed−6%	0.00 pp	9 q
RDNTRadNet, Inc.	0.01%	35,000	$2M	added+75%	+0.01 pp	2 q
RVNCRevance Therapeutics, Inc.	0.01%	1,023,663	$3M	held	—	22 q
RHIRobert Half Inc.	0.01%	71,207	$5M	held	—	45 q
RHPRyman Hospitality Properties, Inc	0.01%	38,149	$4M	new	+0.01 pp	new
SUISun Communities, Inc	0.01%	33,944	$4M	trimmed−22%	0.00 pp	3 q
SGRYSurgery Partners, Inc.	0.01%	85,000	$2M	trimmed−6%	0.00 pp	3 q
VTRVentas, Inc.	0.01%	91,930	$5M	new	+0.01 pp	new
XENEXenon Pharmaceuticals Inc	0.01%	100,100	$4M	held	—	11 q
ZTSZoetis Inc.	0.01%	17,000	$3M	trimmed−41%	0.00 pp	19 q
MANUManchester United PLC	0.01%	111,479	$2M	held	—	45 q
TBLATaboola.com Ltd.	0.01%	534,390	$2M	trimmed−13%	0.00 pp	13 q
ALXAlexander's Inc.	0.00%	5,000	$1M	held	—	45 q
BRK.ABerkshire Hathaway Inc.	0.00%	1	$612,241	held	—	32 q
BNTXBioNTech SE	0.00%	9,850	$791,546	trimmed−96%	−0.06 pp	15 q
BLQADBlackrock Inc	0.00%	1,500	$1M	trimmed−12%	0.00 pp	26 q
KMXCarMax Inc.	0.00%	16,767	$1M	held	—	45 q
CYHCommunity Health Systems, Inc.	0.00%	100	$336	held	—	45 q
DKSDick's Sporting Goods, Inc.	0.00%	3,831	$823,090	held	—	10 q
ENVEnvestnet, Inc.	0.00%	17,087	$1M	held	—	43 q
EFXEquifax, Incorporated	0.00%	2,700	$654,642	added+5%	0.00 pp	10 q
FASTFastenal Co	0.00%	2,330	$146,417	held	—	45 q
GPNGlobal Payments, Inc.	0.00%	8,400	$812,280	trimmed−6%	0.00 pp	18 q
GSGoldman Sachs Group Inc.	0.00%	800	$361,856	held	—	32 q
GRALGRAIL, Inc.	0.00%	12,798	$196,705	new	0.00 pp	new
JKHYHenry (Jack) & Associates	0.00%	5,960	$989,479	held	—	18 q
HDHome Depot, Inc.	0.00%	2,000	$688,480	held	—	43 q
IMVTImmunovant, Inc.	0.00%	55,000	$1M	trimmed−8%	−0.01 pp	3 q
unresolvedInnovid Corp	0.00%	191,161	$353,648	held	—	11 q
JSPRJasper Therapeutics, Inc.	0.00%	20,000	$454,000	new	0.00 pp	new
KKRKKR & Co. Inc.	0.00%	7,400	$778,776	new	0.00 pp	new
LBRDKLiberty Broadband Corporation Class C	0.00%	12,749	$698,900	trimmed−13%	0.00 pp	39 q
MUMicron Technology, Inc.	0.00%	3,371	$443,388	trimmed−20%	0.00 pp	3 q
MDBMongoDB, Inc. Class A	0.00%	1,656	$413,934	added0%	0.00 pp	10 q
PGProcter & Gamble Company	0.00%	1,796	$296,196	held	—	32 q
PSAPublic Storage	0.00%	5,800	$2M	trimmed−47%	−0.01 pp	14 q
QCOMQualcomm Inc	0.00%	4,000	$796,720	held	—	32 q
SJMThe J.M. Smucker Company	0.00%	251	$27,369	held	—	32 q
TPHTri Pointe Homes, Inc.	0.00%	33,730	$1M	trimmed−60%	−0.01 pp	2 q
THCTenet Healthcare Corporation New	0.00%	12,500	$2M	new	0.00 pp	new
VGTVanguard Information Technology ETF	0.00%	15	$8,649	new	0.00 pp	new
VCTRVictory Capital Holdings, Inc. Class A	0.00%	16,596	$792,127	held	—	7 q
VTSVitesse Energy, Inc..	0.00%	1,318	$31,237	held	—	6 q
WDAYWorkday, Inc. Class A	0.00%	2,000	$447,120	trimmed−98%	−0.07 pp	14 q
BHVNBiohaven Ltd.	0.00%	35,000	$1M	new	0.00 pp	new
CINTCI&T Inc	0.00%	25,830	$134,316	held	—	11 q
0VQJLTe Connectivity Ltd	0.00%	6,675	$1M	held	—	26 q
AXNXAxonics, Inc.	—	−686,565	—	exited	−0.13 pp	—
ALABAstera Labs, Inc.	—	−500,000	—	exited	−0.10 pp	—
CZRCaesars Entertainment, Inc.	—	−813,480	—	exited	−0.09 pp	—
SMARSmartsheet Inc.	—	−765,464	—	exited	−0.08 pp	—
EGPEastGroup Properties Inc.	—	−141,633	—	exited	−0.07 pp	—
SWAVShockwave Medical, Inc.	—	−74,373	—	exited	−0.06 pp	—
ALGMAllegro MicroSystems, Inc.	—	−668,811	—	exited	−0.05 pp	—
TTWOTake-Two Interactive Software Inc	—	−86,767	—	exited	−0.03 pp	—
TRNOTerreno Realty Corporation	—	−153,457	—	exited	−0.03 pp	—
LULufax Holding Ltd.	—	−1,453,122	—	exited	−0.02 pp	—
NVTSNavitas Semiconductor Corporation	—	−1,388,895	—	exited	−0.02 pp	—
PENNPENN Entertainment, Inc.	—	−353,399	—	exited	−0.02 pp	—
1939900DBrookfield Infrastructure-a	—	−59,068	—	exited	−0.01 pp	—
DRHDiamondrock Hospitality Company	—	−426,734	—	exited	−0.01 pp	—
EXRExtra Space Storage, Inc.	—	−22,014	—	exited	−0.01 pp	—
NICENICE Ltd	—	−11,035	—	exited	−0.01 pp	—
SHLSShoals Technologies Group, Inc. Class A	—	−500,000	—	exited	−0.01 pp	—
SMRTSmartRent, Inc.	—	−1,925,930	—	exited	−0.01 pp	—
SKTTanger Inc.	—	−88,325	—	exited	−0.01 pp	—
BEAMBeam Therapeutics Inc.	—	−30,000	—	exited	0.00 pp	—
BXPBXP, Inc.	—	−5,440	—	exited	0.00 pp	—
DNLIDenali Therapeutics Inc.	—	−50,500	—	exited	0.00 pp	—
SDGRSchrodinger, Inc.	—	−35,000	—	exited	0.00 pp	—
TTCToro Company (The)	—	−12,177	—	exited	0.00 pp	—
WRBYWarby Parker Inc.	—	−39,600	—	exited	0.00 pp	—