Baron Funds Portfolio Update: Buys MSCI Inc, Pegasystems Inc., Primerica Inc.

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Aug 24, 2010
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Baron Funds, founded by growth investor Ron Baron, reported their second quarter portfolio. These are the details of buys and sells.

Ron Baron invests primarily in small and mid-size growth companies. He likes companies with open-ended growth opportunities and defensible niches. He applies a bottom-up company research, invests for the long-term, and tries to purchase companies at what he believes are attractive prices. He invests in growth companies using a value-oriented purchase discipline. Baron ignores short-term market fluctuations when he believes the fundamental reasons for purchasing a company have not changed. He holds investments for longer than five years on average.

Ron Baron owns 244 stocks with a total value of $14.1 billion. These are the details of the buys and sells.

For the details of Ron Baron's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Ron+Baron

This is the sector weightings of his portfolio:

Consumer Services

25.3%

Industrials

19.2%

Financials

13.9%

Health Care

12.5%

Oil & Gas

8.7%

Consumer Goods

6.4%

Technology

6.2%

Utilities

3.1%

Basic Materials

0.6%

Telecommunications

0.4%



These are the top 5 holdings of Ron Baron

  1. DeVry Inc. (DV) - 6,975,200 shares, 2.6% of the total portfolio. Shares added by 0.32%
  2. Arch Capital Group Ltd. (ACGL) - 4,770,881 shares, 2.52% of the total portfolio. Shares reduced by 0.4%
  3. Edwards Lifesciences Corp. (EW) - 6,269,492 shares, 2.49% of the total portfolio. Shares added by 0.25%
  4. Community Health Systems Inc. (CYH) - 8,825,798 shares, 2.12% of the total portfolio. Shares added by 1.52%
  5. FactSet Research Systems Inc. (FDS) - 4,429,753 shares, 2.11% of the total portfolio. Shares added by 0.22%


Added: Carbo Ceramics Inc. (CRR, Financial)

Ron Baron added to his holdings in Carbo Ceramics Inc. by 233.27%. His purchase prices were between $62.09 and $77.86, with an estimated average price of $70.06. The impact to his portfolio due to this purchase was 0.61%. His holdings were 1,687,921 shares as of 06/30/2010.

Added: Idexx Laboratories Inc. (IDXX, Financial)

Ron Baron added to his holdings in Idexx Laboratories Inc. by 18.77%. His purchase prices were between $57.67 and $67.15, with an estimated average price of $62.81. The impact to his portfolio due to this purchase was 0.33%. His holdings were 4,766,495 shares as of 06/30/2010.

Added: Concho Resources Inc. (CXO, Financial)

Ron Baron added to his holdings in Concho Resources Inc. by 26.1%. His purchase prices were between $46.88 and $60.96, with an estimated average price of $54.61. The impact to his portfolio due to this purchase was 0.25%. His holdings were 3,125,327 shares as of 06/30/2010.

Added: Nordson Corp. (NDSN, Financial)

Ron Baron added to his holdings in Nordson Corp. by 333.33%. His purchase prices were between $56.73 and $75.91, with an estimated average price of $67.5. The impact to his portfolio due to this purchase was 0.2%. His holdings were 650,000 shares as of 06/30/2010.

Added: Lamar Advertising Company (LAMR, Financial)

Ron Baron added to his holdings in Lamar Advertising Company by 29.92%. His purchase prices were between $24.95 and $38.4, with an estimated average price of $32.12. The impact to his portfolio due to this purchase was 0.15%. His holdings were 3,650,951 shares as of 06/30/2010.

Added: Life Technologies Corporation (LIFE, Financial)

Ron Baron added to his holdings in Life Technologies Corporation by 44.48%. His purchase prices were between $47.36 and $55.54, with an estimated average price of $51.12. The impact to his portfolio due to this purchase was 0.1%. His holdings were 962,479 shares as of 06/30/2010.

Added: National Instruments Corp. (NATI, Financial)

Ron Baron added to his holdings in National Instruments Corp. by 81.82%. His purchase prices were between $29.82 and $36.71, with an estimated average price of $33.14. The impact to his portfolio due to this purchase was 0.1%. His holdings were 1,000,000 shares as of 06/30/2010.

Added: Generac Holdings Inc (GNRC, Financial)

Ron Baron added to his holdings in Generac Holdings Inc by 21.97%. His purchase prices were between $10.65 and $15.4, with an estimated average price of $13.81. The impact to his portfolio due to this purchase was 0.08%. His holdings were 4,336,585 shares as of 06/30/2010.

Added: World Wrestling Entertainment Inc. (WWE, Financial)

Ron Baron added to his holdings in World Wrestling Entertainment Inc. by 300%. His purchase prices were between $15.58 and $18.88, with an estimated average price of $16.99. The impact to his portfolio due to this purchase was 0.07%. His holdings were 800,000 shares as of 06/30/2010.

Added: Ncr Corp. (NCR, Financial)

Ron Baron added to his holdings in Ncr Corp. by 37.5%. His purchase prices were between $11.72 and $15.93, with an estimated average price of $13.39. The impact to his portfolio due to this purchase was 0.07%. His holdings were 2,750,000 shares as of 06/30/2010.

Added: Vitacost.com Inc. (VITC, Financial)

Ron Baron added to his holdings in Vitacost.com Inc. by 53.88%. His purchase prices were between $8.34 and $13.19, with an estimated average price of $10.05. The impact to his portfolio due to this purchase was 0.06%. His holdings were 2,750,000 shares as of 06/30/2010.

Added: Priceline.com Inc. (PCLN)

Ron Baron added to his holdings in Priceline.com Inc. by 22.36%. His purchase prices were between $175.19 and $273, with an estimated average price of $219.06. The impact to his portfolio due to this purchase was 0.04%. His holdings were 175,362 shares as of 06/30/2010.

Added: Viacom Inc. (VIA.B)

Ron Baron added to his holdings in Viacom Inc. by 245.02%. His purchase prices were between $32.07 and $36.6, with an estimated average price of $34.4. The impact to his portfolio due to this purchase was 0.03%. His holdings were 171,822 shares as of 06/30/2010.

Added: Hms Holdings Corp (HMSY)

Ron Baron added to his holdings in Hms Holdings Corp by 34.88%. His purchase prices were between $49.95 and $56.54, with an estimated average price of $53.63. The impact to his portfolio due to this purchase was 0.03%. His holdings were 329,500 shares as of 06/30/2010.

Added: Jpmorgan Chase & Co. (JPM)

Ron Baron added to his holdings in Jpmorgan Chase & Co. by 59.92%. His purchase prices were between $36.72 and $47.81, with an estimated average price of $41.21. The impact to his portfolio due to this purchase was 0.03%. His holdings were 254,580 shares as of 06/30/2010.

Added: American Campus Communities Inc. (ACC)

Ron Baron added to his holdings in American Campus Communities Inc. by 27.31%. His purchase prices were between $24.62 and $30.12, with an estimated average price of $27.67. The impact to his portfolio due to this purchase was 0.03%. His holdings were 729,734 shares as of 06/30/2010.

Added: Occidental Petroleum Corp. (OXY)

Ron Baron added to his holdings in Occidental Petroleum Corp. by 68%. His purchase prices were between $77.66 and $89.99, with an estimated average price of $83.65. The impact to his portfolio due to this purchase was 0.03%. His holdings were 134,620 shares as of 06/30/2010.

Added: Goldman Sachs Group Inc. The (GS)

Ron Baron added to his holdings in Goldman Sachs Group Inc. The by 74.34%. His purchase prices were between $133.44 and $184.27, with an estimated average price of $148.68. The impact to his portfolio due to this purchase was 0.02%. His holdings were 57,830 shares as of 06/30/2010.

Added: American Express Company (AXP)

Ron Baron added to his holdings in American Express Company by 45.65%. His purchase prices were between $37.71 and $48.05, with an estimated average price of $42.51. The impact to his portfolio due to this purchase was 0.02%. His holdings were 223,040 shares as of 06/30/2010.

Added: Wells Fargo & Company (WFC)

Ron Baron added to his holdings in Wells Fargo & Company by 54.1%. His purchase prices were between $25.93 and $33.88, with an estimated average price of $30.41. The impact to his portfolio due to this purchase was 0.02%. His holdings were 331,240 shares as of 06/30/2010.

Added: Mcdonald's Corp. (MCD)

Ron Baron added to his holdings in Mcdonald's Corp. by 27.6%. His purchase prices were between $66.01 and $71.52, with an estimated average price of $69.03. The impact to his portfolio due to this purchase was 0.02%. His holdings were 146,240 shares as of 06/30/2010.

Added: Lumber Liquidators (LL)

Ron Baron added to his holdings in Lumber Liquidators by 24.94%. His purchase prices were between $23.44 and $31.99, with an estimated average price of $28.38. The impact to his portfolio due to this purchase was 0.02%. His holdings were 580,666 shares as of 06/30/2010.

Added: Costco Wholesale Corp. (COST)

Ron Baron added to his holdings in Costco Wholesale Corp. by 26.56%. His purchase prices were between $55.63 and $61.74, with an estimated average price of $58.43. The impact to his portfolio due to this purchase was 0.01%. His holdings were 139,900 shares as of 06/30/2010.

Added: 3m Company (MMM)

Ron Baron added to his holdings in 3m Company by 25.94%. His purchase prices were between $74.74 and $89.81, with an estimated average price of $82.38. The impact to his portfolio due to this purchase was 0.01%. His holdings were 83,030 shares as of 06/30/2010.

Added: Teva Pharmaceutical Industries Ltd. (TEVA)

Ron Baron added to his holdings in Teva Pharmaceutical Industries Ltd. by 24.54%. His purchase prices were between $51.2725 and $63.77, with an estimated average price of $57.18. The impact to his portfolio due to this purchase was 0.01%. His holdings were 113,670 shares as of 06/30/2010.

Added: Republic Services Inc. (RSG)

Ron Baron added to his holdings in Republic Services Inc. by 28.42%. His purchase prices were between $28.07 and $31.58, with an estimated average price of $29.94. The impact to his portfolio due to this purchase was 0.01%. His holdings were 306,030 shares as of 06/30/2010.

Added: The Home Depot Inc. (HD)

Ron Baron added to his holdings in The Home Depot Inc. by 27.16%. His purchase prices were between $28.63 and $36.49, with an estimated average price of $33.53. The impact to his portfolio due to this purchase was 0.01%. His holdings were 256,590 shares as of 06/30/2010.

Added: Brookfield Asset Management Inc. Ltd. (BAM)

Ron Baron added to his holdings in Brookfield Asset Management Inc. Ltd. by 65.08%. His purchase prices were between $22.87 and $26.28, with an estimated average price of $24.62. The impact to his portfolio due to this purchase was 0.01%. His holdings were 116,698 shares as of 06/30/2010.

Added: Enernoc, Inc. (ENOC)

Ron Baron added to his holdings in Enernoc, Inc. by 38.46%. His purchase prices were between $25.15 and $31.85, with an estimated average price of $28.9. The impact to his portfolio due to this purchase was 0.01%. His holdings were 90,000 shares as of 06/30/2010.

Added: Fedex Corp. (FDX)

Ron Baron added to his holdings in Fedex Corp. by 36.6%. His purchase prices were between $71.51 and $95.62, with an estimated average price of $85.19. The impact to his portfolio due to this purchase was 0.01%. His holdings were 109,440 shares as of 06/30/2010.

Added: Kohl's Corp. (KSS)

Ron Baron added to his holdings in Kohl's Corp. by 27.35%. His purchase prices were between $47.68 and $58.57, with an estimated average price of $53.72. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 56,850 shares as of 06/30/2010.

Added: Informatica Corp. (INFA)

Ron Baron added to his holdings in Informatica Corp. by 42.61%. His purchase prices were between $23.29 and $27.61, with an estimated average price of $25.84. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 82,000 shares as of 06/30/2010.

Added: Itau Unibanco Banco Multiplo S.a. (ITUB)

Ron Baron added to his holdings in Itau Unibanco Banco Multiplo S.a. by 25.22%. His purchase prices were between $17.1 and $22.74, with an estimated average price of $20.12. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 24,824 shares as of 06/30/2010.

Added: Sinovac Biotech Ltd (SVA)

Ron Baron added to his holdings in Sinovac Biotech Ltd by 25%. His purchase prices were between $3.805 and $5.94, with an estimated average price of $4.85. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 75,000 shares as of 06/30/2010.

Added: Capital Senior Living Corp. (CSU)

Ron Baron added to his holdings in Capital Senior Living Corp. by 23.13%. His purchase prices were between $4.42 and $5.81, with an estimated average price of $5.07. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 27,950 shares as of 06/30/2010.

Added: Chinabiotics Inc. (CHBT)

Ron Baron added to his holdings in Chinabiotics Inc. by 110%. His purchase prices were between $12.54 and $18.57, with an estimated average price of $15.88. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 42,000 shares as of 06/30/2010.

Added: Ustoreit Trust (YSI)

Ron Baron added to his holdings in Ustoreit Trust by 36.36%. His purchase prices were between $7.25 and $8.98, with an estimated average price of $8.11. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 15,000 shares as of 06/30/2010.

New Purchase: Msci Inc (MXB)

Ron Baron initiated holdings in Msci Inc. His purchase prices were between $27.23 and $37.96, with an estimated average price of $32.55. The impact to his portfolio due to this purchase was 2.1%. His holdings were 10,771,859 shares as of 06/30/2010.

New Purchase: Pegasystems Inc. (PEGA)

Ron Baron initiated holdings in Pegasystems Inc.. His purchase prices were between $27.3 and $39.29, with an estimated average price of $32.69. The impact to his portfolio due to this purchase was 0.51%. His holdings were 2,228,855 shares as of 06/30/2010.

New Purchase: Primerica Inc. (PRI)

Ron Baron initiated holdings in Primerica Inc.. His purchase prices were between $19.65 and $25.48, with an estimated average price of $23.03. The impact to his portfolio due to this purchase was 0.41%. His holdings were 2,711,408 shares as of 06/30/2010.

New Purchase: Financial Engines Inc. (FNGN)

Ron Baron initiated holdings in Financial Engines Inc.. His purchase prices were between $13.41 and $17.22, with an estimated average price of $15.52. The impact to his portfolio due to this purchase was 0.26%. His holdings were 2,739,236 shares as of 06/30/2010.

New Purchase: Ss&c Technologies Holdings Inc. (SSNC)

Ron Baron initiated holdings in Ss&c Technologies Holdings Inc.. His purchase prices were between $15.05 and $18.24, with an estimated average price of $16.34. The impact to his portfolio due to this purchase was 0.23%. His holdings were 1,996,376 shares as of 06/30/2010.

New Purchase: Carnival Corp. (CCL)

Ron Baron initiated holdings in Carnival Corp.. His purchase prices were between $30.14 and $43.85, with an estimated average price of $37.58. The impact to his portfolio due to this purchase was 0.15%. His holdings were 688,810 shares as of 06/30/2010.

New Purchase: Oasis Petroleum Inc (OAS)

Ron Baron initiated holdings in Oasis Petroleum Inc. His purchase prices were between $14.6 and $15.96, with an estimated average price of $15.16. The impact to his portfolio due to this purchase was 0.15%. His holdings were 1,424,270 shares as of 06/30/2010.

New Purchase: Power Integrations Inc. (POWI)

Ron Baron initiated holdings in Power Integrations Inc.. His purchase prices were between $30.91 and $45.9, with an estimated average price of $36.71. The impact to his portfolio due to this purchase was 0.15%. His holdings were 650,000 shares as of 06/30/2010.

New Purchase: Merck & Co. Inc. (MRK)

Ron Baron initiated holdings in Merck & Co. Inc.. His purchase prices were between $31.82 and $37.71, with an estimated average price of $34.73. The impact to his portfolio due to this purchase was 0.1%. His holdings were 904,862 shares as of 06/30/2010.

New Purchase: Luminex Corp. (LMNX)

Ron Baron initiated holdings in Luminex Corp.. His purchase prices were between $15.73 and $17.99, with an estimated average price of $16.99. The impact to his portfolio due to this purchase was 0.09%. His holdings were 814,000 shares as of 06/30/2010.

New Purchase: Anixter International Inc. (AXE)

Ron Baron initiated holdings in Anixter International Inc.. His purchase prices were between $43.12 and $54.05, with an estimated average price of $48.54. The impact to his portfolio due to this purchase was 0.06%. His holdings were 200,000 shares as of 06/30/2010.

New Purchase: Mckesson Corp. (MCK)

Ron Baron initiated holdings in Mckesson Corp.. His purchase prices were between $63.73 and $71.28, with an estimated average price of $67.71. The impact to his portfolio due to this purchase was 0.06%. His holdings were 117,710 shares as of 06/30/2010.

New Purchase: Paa Natural Gas Storage Lp (PNG)

Ron Baron initiated holdings in Paa Natural Gas Storage Lp. His purchase prices were between $22.77 and $25.87, with an estimated average price of $23.88. The impact to his portfolio due to this purchase was 0.04%. His holdings were 206,995 shares as of 06/30/2010.

New Purchase: Southwestern Energy Company (SWN)

Ron Baron initiated holdings in Southwestern Energy Company. His purchase prices were between $35.86 and $44.99, with an estimated average price of $40.58. The impact to his portfolio due to this purchase was 0.02%. His holdings were 75,000 shares as of 06/30/2010.

New Purchase: Riverbed Technology Inc. (RVBD)

Ron Baron initiated holdings in Riverbed Technology Inc.. His purchase prices were between $26.16 and $32.06, with an estimated average price of $28.87. The impact to his portfolio due to this purchase was 0.02%. His holdings were 87,500 shares as of 06/30/2010.

New Purchase: Illumina Inc. (ILMN)

Ron Baron initiated holdings in Illumina Inc.. His purchase prices were between $36.91 and $45.06, with an estimated average price of $41.14. The impact to his portfolio due to this purchase was 0.02%. His holdings were 78,889 shares as of 06/30/2010.

New Purchase: Successfactors Inc. (SFSF)

Ron Baron initiated holdings in Successfactors Inc.. His purchase prices were between $19.07 and $23.09, with an estimated average price of $21.46. The impact to his portfolio due to this purchase was 0.01%. His holdings were 97,500 shares as of 06/30/2010.

New Purchase: Aga Medical Holdings Inc. (AGAM)

Ron Baron initiated holdings in Aga Medical Holdings Inc.. His purchase prices were between $12.19 and $17.92, with an estimated average price of $14.82. The impact to his portfolio due to this purchase was 0.01%. His holdings were 161,500 shares as of 06/30/2010.

New Purchase: Allscripts Healthcare Solutions Inc (MDRX)

Ron Baron initiated holdings in Allscripts Healthcare Solutions Inc. His purchase prices were between $15.84 and $22.41, with an estimated average price of $19.16. The impact to his portfolio due to this purchase was 0.01%. His holdings were 116,000 shares as of 06/30/2010.

New Purchase: Commvault Systems Inc. (CVLT)

Ron Baron initiated holdings in Commvault Systems Inc.. His purchase prices were between $19.29 and $23.96, with an estimated average price of $21.95. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 21,500 shares as of 06/30/2010.

New Purchase: Mfa Mortgage Investments Inc. (MFA)

Ron Baron initiated holdings in Mfa Mortgage Investments Inc.. His purchase prices were between $6.65 and $7.76, with an estimated average price of $7.28. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 12,050 shares as of 06/30/2010.

New Purchase: Education Management Corp. (EDMC)

Ron Baron initiated holdings in Education Management Corp.. His purchase prices were between $15.33 and $25.56, with an estimated average price of $21. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 42,964 shares as of 06/30/2010.

New Purchase: Spdr S&p 500 (SPY)

Ron Baron initiated holdings in Spdr S&p 500. His purchase prices were between $104.21 and $121.812, with an estimated average price of $113.74. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 5,000 shares as of 06/30/2010.

New Purchase: Discovery Communications, Inc - Series C Common St (DISCK)

Ron Baron initiated holdings in Discovery Communications, Inc - Series C Common St. His purchase prices were between $29.32 and $33.64, with an estimated average price of $31.39. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 18,500 shares as of 06/30/2010.

New Purchase: Red Lion Hotels Corp. (RLH)

Ron Baron initiated holdings in Red Lion Hotels Corp.. His purchase prices were between $5.86 and $7.91, with an estimated average price of $6.96. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 10,750 shares as of 06/30/2010.

New Purchase: Beazer Homes Usa Inc. (BZH)

Ron Baron initiated holdings in Beazer Homes Usa Inc.. His purchase prices were between $3.71 and $6.88, with an estimated average price of $5.05. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 20,100 shares as of 06/30/2010.

Reduced: Solera Holdings Inc (SLH)

Ron Baron reduced to his holdings in Solera Holdings Inc by 89.59%. His sale prices were between $32.5 and $39.91, with an estimated average price of $37.2. The impact to his portfolio due to this sale was less than 0.01%. Ron Baron still held 10,000 shares as of 06/30/2010.

Reduced: Net 1 Ueps Technologies Inc. (UEPS)

Ron Baron reduced to his holdings in Net 1 Ueps Technologies Inc. by 76.76%. His sale prices were between $13.47 and $18.24, with an estimated average price of $15.26. The impact to his portfolio due to this sale was less than 0.01%. Ron Baron still held 28,000 shares as of 06/30/2010.

Reduced: Research In Motion Ltd. (RIMM)

Ron Baron reduced to his holdings in Research In Motion Ltd. by 92.96%. His sale prices were between $49.75 and $73.58, with an estimated average price of $64.71. The impact to his portfolio due to this sale was less than 0.01%. Ron Baron still held 4,500 shares as of 06/30/2010.

Reduced: Agilent Technologies Inc. (A)

Ron Baron reduced to his holdings in Agilent Technologies Inc. by 27.27%. His sale prices were between $29.21 and $37.23, with an estimated average price of $17.79. The impact to his portfolio due to this sale was less than 0.01%. Ron Baron still held 12,000 shares as of 06/30/2010.

Reduced: Microsoft Corp. (MSFT)

Ron Baron reduced to his holdings in Microsoft Corp. by 22.34%. His sale prices were between $23.31 and $31.39, with an estimated average price of $28.01. The impact to his portfolio due to this sale was -0.01%. Ron Baron still held 255,630 shares as of 06/30/2010.

Reduced: Skilled Healthcare Group Inc. (SKH)

Ron Baron reduced to his holdings in Skilled Healthcare Group Inc. by 28.05%. His sale prices were between $6.28 and $8.23, with an estimated average price of $7.25. The impact to his portfolio due to this sale was -0.01%. Ron Baron still held 900,000 shares as of 06/30/2010.

Reduced: Reckson Associates Realty Corp (RA)

Ron Baron reduced to his holdings in Reckson Associates Realty Corp by 70.27%. His sale prices were between $10 and $13.46, with an estimated average price of $11.71. The impact to his portfolio due to this sale was -0.01%. Ron Baron still held 283,909 shares as of 06/30/2010.

Reduced: Qualcomm Inc. (QCOM)

Ron Baron reduced to his holdings in Qualcomm Inc. by 62.44%. His sale prices were between $33.14 and $43.29, with an estimated average price of $37.64. The impact to his portfolio due to this sale was -0.01%. Ron Baron still held 97,557 shares as of 06/30/2010.

Reduced: Phi Inc. (PHIIK)

Ron Baron reduced to his holdings in Phi Inc. by 72.95%. His sale prices were between $14.27 and $23, with an estimated average price of $18.76. The impact to his portfolio due to this sale was -0.01%. Ron Baron still held 135,236 shares as of 06/30/2010.

Reduced: Gsi Commerce Inc. (GSIC)

Ron Baron reduced to his holdings in Gsi Commerce Inc. by 37.16%. His sale prices were between $24.95 and $31.1, with an estimated average price of $28.45. The impact to his portfolio due to this sale was -0.01%. Ron Baron still held 93,000 shares as of 06/30/2010.

Reduced: Zimmer Holdings Inc. (ZMH)

Ron Baron reduced to his holdings in Zimmer Holdings Inc. by 95.02%. His sale prices were between $52.66 and $61.61, with an estimated average price of $57.55. The impact to his portfolio due to this sale was -0.01%. Ron Baron still held 15,729 shares as of 06/30/2010.

Reduced: Team Inc. (TISI)

Ron Baron reduced to his holdings in Team Inc. by 21.16%. His sale prices were between $12.98 and $18.17, with an estimated average price of $15.93. The impact to his portfolio due to this sale was -0.01%. Ron Baron still held 275,924 shares as of 06/30/2010.

Reduced: Google Inc. (GOOG)

Ron Baron reduced to his holdings in Google Inc. by 22.91%. His sale prices were between $454.26 and $595.3, with an estimated average price of $512.61. The impact to his portfolio due to this sale was -0.01%. Ron Baron still held 15,186 shares as of 06/30/2010.

Reduced: Vmware Inc. (VMW)

Ron Baron reduced to his holdings in Vmware Inc. by 50.89%. His sale prices were between $52.47 and $72.52, with an estimated average price of $62.75. The impact to his portfolio due to this sale was -0.01%. Ron Baron still held 27,500 shares as of 06/30/2010.

Reduced: Monsanto Company (MON)

Ron Baron reduced to his holdings in Monsanto Company by 77.46%. His sale prices were between $47.34 and $70.83, with an estimated average price of $57.38. The impact to his portfolio due to this sale was -0.01%. Ron Baron still held 18,865 shares as of 06/30/2010.

Reduced: Berkshire Hathaway Inc. (BRK.A)

Ron Baron reduced to his holdings in Berkshire Hathaway Inc. by 56.36%. His sale prices were between $104950 and $122420, with an estimated average price of $115046. The impact to his portfolio due to this sale was -0.01%. Ron Baron still held 24 shares as of 06/30/2010.

Reduced: Activision Blizzard, Inc (ATVI)

Ron Baron reduced to his holdings in Activision Blizzard, Inc by 51.82%. His sale prices were between $10.2425 and $12.5, with an estimated average price of $11.15. The impact to his portfolio due to this sale was -0.01%. Ron Baron still held 175,000 shares as of 06/30/2010.

Reduced: Sun Healthcare Group Inc. (SUNH)

Ron Baron reduced to his holdings in Sun Healthcare Group Inc. by 25.02%. His sale prices were between $8.15 and $10.21, with an estimated average price of $9.05. The impact to his portfolio due to this sale was -0.02%. Ron Baron still held 1,071,300 shares as of 06/30/2010.

Reduced: Kaydon Corp. (KDN)

Ron Baron reduced to his holdings in Kaydon Corp. by 30.23%. His sale prices were between $33.23 and $44.86, with an estimated average price of $38.93. The impact to his portfolio due to this sale was -0.03%. Ron Baron still held 400,000 shares as of 06/30/2010.

Reduced: Georesources Inc. (GEOI)

Ron Baron reduced to his holdings in Georesources Inc. by 39.7%. His sale prices were between $13.67 and $17.74, with an estimated average price of $15.7. The impact to his portfolio due to this sale was -0.03%. Ron Baron still held 663,300 shares as of 06/30/2010.

Reduced: Fmc Technologies Inc. (FTI)

Ron Baron reduced to his holdings in Fmc Technologies Inc. by 89.79%. His sale prices were between $47.6 and $73.32, with an estimated average price of $60.39. The impact to his portfolio due to this sale was -0.04%. Ron Baron still held 95,457 shares as of 06/30/2010.

Reduced: Precision Castparts Corp. (PCP)

Ron Baron reduced to his holdings in Precision Castparts Corp. by 51.07%. His sale prices were between $102.75 and $134.49, with an estimated average price of $119.46. The impact to his portfolio due to this sale was -0.04%. Ron Baron still held 91,024 shares as of 06/30/2010.

Reduced: Telvent Git S.a. (TLVT)

Ron Baron reduced to his holdings in Telvent Git S.a. by 25.19%. His sale prices were between $17.35 and $31.69, with an estimated average price of $24.86. The impact to his portfolio due to this sale was -0.05%. Ron Baron still held 1,512,571 shares as of 06/30/2010.

Reduced: Valmont Industries Inc. (VMI)

Ron Baron reduced to his holdings in Valmont Industries Inc. by 22.08%. His sale prices were between $73.04 and $87.73, with an estimated average price of $80.61. The impact to his portfolio due to this sale was -0.07%. Ron Baron still held 625,960 shares as of 06/30/2010.

Reduced: Cheesecake Factory Inc. (CAKE)

Ron Baron reduced to his holdings in Cheesecake Factory Inc. by 48.31%. His sale prices were between $22.2 and $30.46, with an estimated average price of $26.44. The impact to his portfolio due to this sale was -0.08%. Ron Baron still held 1,103,760 shares as of 06/30/2010.

Reduced: Covanta Holding Corp. (CVA)

Ron Baron reduced to his holdings in Covanta Holding Corp. by 20.28%. His sale prices were between $14.47 and $18.62, with an estimated average price of $16.55. The impact to his portfolio due to this sale was -0.09%. Ron Baron still held 3,855,119 shares as of 06/30/2010.

Reduced: Ralcorp Holdings Inc. (RAH)

Ron Baron reduced to his holdings in Ralcorp Holdings Inc. by 21.04%. His sale prices were between $55.34 and $67.71, with an estimated average price of $62.46. The impact to his portfolio due to this sale was -0.12%. Ron Baron still held 1,466,639 shares as of 06/30/2010.

Reduced: Aol Inc (AOL)

Ron Baron reduced to his holdings in Aol Inc by 59.33%. His sale prices were between $20.21 and $29.18, with an estimated average price of $23.65. The impact to his portfolio due to this sale was -0.13%. Ron Baron still held 1,456,200 shares as of 06/30/2010.

Reduced: Whole Foods Market Inc. (WFMI)

Ron Baron reduced to his holdings in Whole Foods Market Inc. by 40.64%. His sale prices were between $36.68 and $42.5, with an estimated average price of $39.18. The impact to his portfolio due to this sale was -0.14%. Ron Baron still held 1,362,484 shares as of 06/30/2010.

Reduced: Denbury Resources Inc. (DNR)

Ron Baron reduced to his holdings in Denbury Resources Inc. by 33.79%. His sale prices were between $14.82 and $19.15, with an estimated average price of $17.06. The impact to his portfolio due to this sale was -0.2%. Ron Baron still held 5,738,850 shares as of 06/30/2010.

Sold Out: Liberty Global Inc. (LBTYA)

Ron Baron sold out his holdings in Liberty Global Inc.. His sale prices were between $23.34 and $29.64, with an estimated average price of $26.62.

Sold Out: Aixtron Aktiengesellschaft (AIXG)

Ron Baron sold out his holdings in Aixtron Aktiengesellschaft. His sale prices were between $23.11 and $38.56, with an estimated average price of $30.82.

Sold Out: Cybersource Corp. (CYBS)

Ron Baron sold out his holdings in Cybersource Corp.. His sale prices were between $17.9 and $25.84, with an estimated average price of $24.29.

Sold Out: Dolby Laboratories Inc. (DLB)

Ron Baron sold out his holdings in Dolby Laboratories Inc.. His sale prices were between $58.39 and $69.37, with an estimated average price of $63.93.

Sold Out: Drugstore.com Inc. (DSCM)

Ron Baron sold out his holdings in Drugstore.com Inc.. His sale prices were between $3.04 and $3.91, with an estimated average price of $3.52.

Sold Out: Tw Telecom Inc. (TWTC)

Ron Baron sold out his holdings in Tw Telecom Inc.. His sale prices were between $16.05 and $18.63, with an estimated average price of $17.56.

Sold Out: Nuance Communications Inc. (NUAN)

Ron Baron sold out his holdings in Nuance Communications Inc.. His sale prices were between $15.38 and $18.51, with an estimated average price of $17.

Sold Out: Diageo Plc (DEO)

Ron Baron sold out his holdings in Diageo Plc. His sale prices were between $59.22 and $71.59, with an estimated average price of $65.67.

Sold Out: Ebay Inc. (EBAY)

Ron Baron sold out his holdings in Ebay Inc.. His sale prices were between $19.69 and $27.37, with an estimated average price of $23.15.

Sold Out: Transocean Inc. (RIG)

Ron Baron sold out his holdings in Transocean Inc.. His sale prices were between $42.58 and $92.03, with an estimated average price of $66.32.

Sold Out: Emdeon Inc. (EM)

Ron Baron sold out his holdings in Emdeon Inc.. His sale prices were between $12.5 and $16.85, with an estimated average price of $14.7.

Sold Out: Crown Holdings Inc. (CCK)

Ron Baron sold out his holdings in Crown Holdings Inc.. His sale prices were between $22.66 and $27.88, with an estimated average price of $25.34.

Sold Out: Chesapeake Lodging Trust (CHSP)

Ron Baron sold out his holdings in Chesapeake Lodging Trust. His sale prices were between $15.99 and $19.52, with an estimated average price of $18.07.

Sold Out: People's United Financial Inc. (PBCT)

Ron Baron sold out his holdings in People's United Financial Inc.. His sale prices were between $13.53 and $16.65, with an estimated average price of $14.91.

Sold Out: Athenahealth, Inc. (ATHN)

Ron Baron sold out his holdings in Athenahealth, Inc.. His sale prices were between $22.46 and $38.25, with an estimated average price of $29.23.

Sold Out: Charles River Laboratories International (CRL)

Ron Baron sold out his holdings in Charles River Laboratories International. His sale prices were between $30.44 and $41.56, with an estimated average price of $35.24.