Ron Baron Reduces Stake in Ansys Inc by 39.82% in Q1 2025
Warning! GuruFocus has detected 7 Warning Signs with CAE.
Ron Baron (Trades, Portfolio) added a total of 29 stocks, among them:
The most significant addition was American Tower Corp (NYSE:AMT), with 699,676 shares, accounting for 0.45% of the portfolio and a total value of $152.25 million.
The second largest addition to the portfolio was Prologis Inc (NYSE:PLD), consisting of 792,536 shares, representing approximately 0.26% of the portfolio, with a total value of $88.60 million.
The third largest addition was Karman Holdings Inc (NYSE:KRMN), with 2,400,648 shares, accounting for 0.24% of the portfolio and a total value of $80.23 million.
Ron Baron (Trades, Portfolio) also increased stakes in a total of 101 stocks, among them:
The most notable increase was FIGS Inc (NYSE:FIGS), with an additional 27,833,825 shares, bringing the total to 58,671,584 shares. This adjustment represents a significant 90.26% increase in share count, a 0.37% impact on the current portfolio, with a total value of $269.30 million.
The second largest increase was Wynn Resorts Ltd (NASDAQ:WYNN), with an additional 745,404 shares, bringing the total to 854,666. This adjustment represents a significant 682.22% increase in share count, with a total value of $71.36 million.
Ron Baron (Trades, Portfolio) completely exited 31 holdings in the first quarter of 2025, as detailed below:
Inari Medical Inc (NARI): Ron Baron (Trades, Portfolio) sold all 1,312,528 shares, resulting in a -0.17% impact on the portfolio.
Aspen Technology Inc (AZPN): Ron Baron (Trades, Portfolio) liquidated all 253,214 shares, causing a -0.16% impact on the portfolio.
Ron Baron (Trades, Portfolio) also reduced positions in 136 stocks. The most significant changes include:
Reduced Ansys Inc (NASDAQ:ANSS) by 563,914 shares, resulting in a -39.82% decrease in shares and a -0.49% impact on the portfolio. The stock traded at an average price of $335.47 during the quarter and has returned 1.65% over the past 3 months and 2.13% year-to-date.
Reduced Tesla Inc (NASDAQ:TSLA) by 365,676 shares, resulting in a -2.51% reduction in shares and a -0.38% impact on the portfolio. The stock traded at an average price of $333.26 during the quarter and has returned -3.58% over the past 3 months and -15.04% year-to-date.
At the first quarter of 2025, Ron Baron (Trades, Portfolio)'s portfolio included 314 stocks, with top holdings including 10.82% in Tesla Inc (NASDAQ:TSLA), 5.64% in Arch Capital Group Ltd (NASDAQ:ACGL), 4.65% in Gartner Inc (NYSE:IT), 4.43% in CoStar Group Inc (NASDAQ:CSGP), and 3.44% in MSCI Inc (NYSE:MSCI).
The holdings are mainly concentrated in 9 of the 11 industries: Consumer Cyclical, Financial Services, Technology, Real Estate, Healthcare, Industrials, Communication Services, Basic Materials, and Consumer Defensive.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
21 minutes ago
- Yahoo
Dycom (DY) Reports Q2: Everything You Need To Know Ahead Of Earnings
Telecommunications company Dycom (NYSE:DY) will be reporting earnings this Wednesday before the bell. Here's what to expect. Dycom beat analysts' revenue expectations by 5.7% last quarter, reporting revenues of $1.26 billion, up 10.2% year on year. It was an exceptional quarter for the company, with a beat of analysts' EPS estimates and an impressive beat of analysts' EBITDA estimates. Is Dycom a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Dycom's revenue to grow 17.5% year on year to $1.41 billion, improving from the 15.5% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $2.92 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Dycom has missed Wall Street's revenue estimates twice over the last two years. Looking at Dycom's peers in the engineering and design services segment, some have already reported their Q2 results, giving us a hint as to what we can expect. EMCOR delivered year-on-year revenue growth of 17.4%, beating analysts' expectations by 4.9%, and Sterling reported revenues up 5.4%, topping estimates by 10.8%. EMCOR traded down 2.3% following the results while Sterling was up 8.9%. Read our full analysis of EMCOR's results here and Sterling's results here. There has been positive sentiment among investors in the engineering and design services segment, with share prices up 4.8% on average over the last month. Dycom is up 6.5% during the same time and is heading into earnings with an average analyst price target of $278 (compared to the current share price of $273.50). When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we've found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21 minutes ago
- Yahoo
Nordson (NDSN) Reports Q2: Everything You Need To Know Ahead Of Earnings
Manufacturing company Nordson (NASDAQ:NDSN) will be reporting results this Wednesday afternoon. Here's what to look for. Nordson beat analysts' revenue expectations by 1.1% last quarter, reporting revenues of $682.9 million, up 5% year on year. It was a satisfactory quarter for the company, with EPS guidance for next quarter topping analysts' expectations but organic revenue in line with analysts' estimates. Is Nordson a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Nordson's revenue to grow 9.1% year on year to $721.7 million, improving from the 2% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $2.63 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Nordson has missed Wall Street's revenue estimates three times over the last two years. Looking at Nordson's peers in the professional tools and equipment segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Lincoln Electric delivered year-on-year revenue growth of 6.6%, beating analysts' expectations by 5.1%, and Hillman reported revenues up 6.2%, topping estimates by 2.6%. Lincoln Electric traded up 7.8% following the results while Hillman was also up 22.9%. Read our full analysis of Lincoln Electric's results here and Hillman's results here. There has been positive sentiment among investors in the professional tools and equipment segment, with share prices up 4.8% on average over the last month. Nordson's stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $251.80 (compared to the current share price of $215.93). When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we've found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21 minutes ago
- Yahoo
What To Expect From Target's (TGT) Q2 Earnings
General merchandise retailer Target (NYSE:TGT) will be announcing earnings results this Wednesday morning. Here's what to look for. Target missed analysts' revenue expectations by 2% last quarter, reporting revenues of $23.85 billion, down 2.8% year on year. It was a disappointing quarter for the company, with full-year EPS guidance missing analysts' expectations significantly and a significant miss of analysts' EBITDA estimates. Is Target a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Target's revenue to decline 2.2% year on year to $24.89 billion, a reversal from the 2.7% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $2.04 per share. Heading into earnings, analysts covering the company have grown increasingly bearish with revenue estimates seeing 9 downward revisions over the last 30 days (we track 24 analysts). Target has missed Wall Street's revenue estimates four times over the last two years. Looking at Target's peers in the non-discretionary retail segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Sprouts delivered year-on-year revenue growth of 17.3%, beating analysts' expectations by 2.3%, and Grocery Outlet reported revenues up 4.5%, falling short of estimates by 0.6%. Sprouts traded down 4.1% following the results while Grocery Outlet was up 42.9%. Read our full analysis of Sprouts's results here and Grocery Outlet's results here. There has been positive sentiment among investors in the non-discretionary retail segment, with share prices up 6.4% on average over the last month. Target is up 3.4% during the same time and is heading into earnings with an average analyst price target of $103.69 (compared to the current share price of $105.14). When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we've found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
