GuruFocus Premium Membership

Serving Intelligent Investors since 2004. Only 96 cents a day.

Free Trial

Free 7-day Trial
All Articles and Columns »

Ron Baron Buys Denbury Resources Inc., Aol Inc, Generac Holdings Inc., 3M Company, Sells Watson Wyatt Worldwide Inc., Apollo Group Inc.

Ron Baron likes to buy qualitysmall cap stocks at growth stage. He holds the companies for long time, until they are not that small any more. He thinks that the stock market offers great opportunities now, and these opportunities will last for a well. This is the Q1 portfolo update of Baron Funds. Ron Baron owns 242 stocks with a total value of $15.3 billion.

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 26.5%
Industrials 18.3%
Financials 14.7%
Health Care 12.4%
Oil & Gas 8.1%
Consumer Goods 6.3%
Technology 6.2%
Utilities 3.1%
Basic Materials 0.5%
Telecommunications 0.4%


These are the top 5 holdings of Ron Baron

  1. DeVry Inc. (DV) - 6,952,850 shares, 2.96% of the total portfolio. Shares reduced by 0.15%
  2. Arch Capital Group Ltd. (ACGL) - 4,789,996 shares, 2.38% of the total portfolio. Shares added by 0.99%
  3. MSCI INC (MXB) - 9,869,177 shares, 2.32% of the total portfolio. Shares added by 1.33%
  4. Strayer Education Inc. (STRA) - 1,363,617 shares, 2.17% of the total portfolio. Shares added by 0.31%
  5. FactSet Research Systems Inc. (FDS) - 4,420,156 shares, 2.12% of the total portfolio. Shares added by 0.6%


Added: Diamond Foods Inc. (DMND)

Ron Baron added to his holdings in Diamond Foods Inc. by 1455.49%. His purchase prices were between $33.71 and $42.92, with an estimated average price of $38.14. The impact to his portfolio due to this purchase was 0.33%. His holdings were 1,284,481 shares as of 03/31/2010.

Diamond Foods is a branded food company specializing in processing, marketing, and distributing culinary, snack, in-shell and ingredient nuts under the Diamond of California and Emerald of California brands. Diamond Foods Inc. has a market cap of $916.1 million; its shares were traded at around $43.36 with a P/E ratio of 24.6 and P/S ratio of 1.6. The dividend yield of Diamond Foods Inc. stocks is 0.4%.

Added: Telvent Git S.a. (TLVT)

Ron Baron added to his holdings in Telvent Git S.a. by 267.17%. His purchase prices were between $27.33 and $40.63, with an estimated average price of $33.49. The impact to his portfolio due to this purchase was 0.28%. His holdings were 2,021,800 shares as of 03/31/2010.

Telvent GIT SA is an information technology company that provides value-added real-time products and services solutions to customers in targeted industrial sectors (Energy, Traffic, Transport and Environment) primarily in Spain, North America, Latin America (including Mexico) and China. Telvent Git S.a. has a market cap of $888.5 million; its shares were traded at around $26.06 with a P/E ratio of 13.1 and P/S ratio of 0.8. Telvent Git S.a. had an annual average earning growth of 33.3% over the past 5 years.

Added: Athenahealth, Inc. (ATHN)

Ron Baron added to his holdings in Athenahealth, Inc. by 2271.67%. His purchase prices were between $35.65 and $47.41, with an estimated average price of $41.12. The impact to his portfolio due to this purchase was 0.18%. His holdings were 806,368 shares as of 03/31/2010.

ATHENAHEALTH INC is a provider of internet-based business services for physician practices. Athenahealth, Inc. has a market cap of $959.1 million; its shares were traded at around $28.18 with a P/E ratio of 90.9 and P/S ratio of 5.1.

Added: Brigham Exploration Company (BEXP)

Ron Baron added to his holdings in Brigham Exploration Company by 58.34%. His purchase prices were between $12.98 and $17.62, with an estimated average price of $15.31. The impact to his portfolio due to this purchase was 0.14%. His holdings were 3,562,600 shares as of 03/31/2010.

Brigham Exploration Co. is an independent exploration and production company that applies 3-D seismic imaging and other advanced technologies to systematically explore and develop onshore oil and natural gas provinces in the United States. Brigham Exploration Company has a market cap of $1.7 billion; its shares were traded at around $16.96 with a P/E ratio of 282.7 and P/S ratio of 24.1.

Added: Discovery Communications, Inc (DISCA)

Ron Baron added to his holdings in Discovery Communications, Inc by 35.23%. His purchase prices were between $27.88 and $34.24, with an estimated average price of $31.38. The impact to his portfolio due to this purchase was 0.14%. His holdings were 2,463,027 shares as of 03/31/2010.

DISCOVERY COMMUNICATIONS INC., formerly Discovery Holding Company, is a holding company that conducts operations through its two wholly owned operating subsidiaries, Ascent Media Group, LLC and Ascent Media CANS, LLC, and throught its 66. Discovery Communications, Inc has a market cap of $10.63 billion; its shares were traded at around $37.49 with a P/E ratio of 28.3 and P/S ratio of 3.

Added: Verisk Analytics Inc. (VRSK)

Ron Baron added to his holdings in Verisk Analytics Inc. by 26.03%. His purchase prices were between $27.24 and $31, with an estimated average price of $28.47. The impact to his portfolio due to this purchase was 0.14%. His holdings were 3,648,902 shares as of 03/31/2010.

Verisk Analytics is a provider of risk assessment solutions to professionals in insurance, healthcare, mortgage lending, government, risk management, and human resources. Verisk Analytics Inc. has a market cap of $3.88 billion; its shares were traded at around $30.83 with a P/E ratio of 35 and P/S ratio of 3.8.

Added: Whiting Petroleum Corp. (WLL)

Ron Baron added to his holdings in Whiting Petroleum Corp. by 176.32%. His purchase prices were between $65.4 and $81.38, with an estimated average price of $73.89. The impact to his portfolio due to this purchase was 0.13%. His holdings were 377,650 shares as of 03/31/2010.

WHITING PETROLEUM CORPORATION, a Delaware corporation, is an independent oil and gas company that acquires, exploits, develops and explores for crude oil, natural gas and natural gas liquids primarily in the Permian Basin, Rocky Mountains, Mid-Continent, Gulf Coast and Michigan regions of the United States. Whiting Petroleum Corp. has a market cap of $4.23 billion; its shares were traded at around $83.13 with a P/E ratio of 38.7 and P/S ratio of 4.3. Whiting Petroleum Corp. had an annual average earning growth of 4.8% over the past 5 years.

Added: Treehouse Foods Inc. (THS)

Ron Baron added to his holdings in Treehouse Foods Inc. by 56.06%. His purchase prices were between $37.37 and $45.57, with an estimated average price of $41.65. The impact to his portfolio due to this purchase was 0.13%. His holdings were 1,248,150 shares as of 03/31/2010.

TreeHouse Foods is a food manufacturer servicing primarily the retail grocery and foodservice channels. Treehouse Foods Inc. has a market cap of $1.59 billion; its shares were traded at around $45.83 with a P/E ratio of 19 and P/S ratio of 1. Treehouse Foods Inc. had an annual average earning growth of 41.1% over the past 5 years.

Added: Blackboard Inc. (BBBB)

Ron Baron added to his holdings in Blackboard Inc. by 45.31%. His purchase prices were between $37.27 and $46.07, with an estimated average price of $41.58. The impact to his portfolio due to this purchase was 0.1%. His holdings were 1,214,299 shares as of 03/31/2010.

Blackboard Inc provides enterprise software applications and related services to the education industry. Blackboard Inc. has a market cap of $1.34 billion; its shares were traded at around $40.2 with a P/E ratio of 32.5 and P/S ratio of 3.6.

Added: St. Mary Land & Exploration Company (SM)

Ron Baron added to his holdings in St. Mary Land & Exploration Company by 37.8%. His purchase prices were between $31.64 and $37.89, with an estimated average price of $34.89. The impact to his portfolio due to this purchase was 0.1%. His holdings were 1,619,150 shares as of 03/31/2010.

ST. MARY LAND & EXPLORATION is an independent oil and gas company with diversified interests in the United States and internationally, a development project in Russia and exploration projects in Canada, Chile, the Philippines and Trinidad and Tobago. St. Mary Land & Exploration Company has a market cap of $2.72 billion; its shares were traded at around $43.25 with a P/E ratio of 35.1 and P/S ratio of 3.2. The dividend yield of St. Mary Land & Exploration Company stocks is 0.2%. St. Mary Land & Exploration Company had an annual average earning growth of 14.1% over the past 10 years.

Added: Nii Holdings Inc (NIHD)

Ron Baron added to his holdings in Nii Holdings Inc by 33.97%. His purchase prices were between $31.42 and $41.65, with an estimated average price of $37.4. The impact to his portfolio due to this purchase was 0.1%. His holdings were 1,425,456 shares as of 03/31/2010.

NII Holdings, formerly known as Nextel International, is one of the world's providers of fully integrated wireless communication services designed to meet the needs of business customers in selected international markets. Nii Holdings Inc has a market cap of $6.35 billion; its shares were traded at around $38.07 with a P/E ratio of 18.1 and P/S ratio of 1.5. Nii Holdings Inc had an annual average earning growth of 25.9% over the past 5 years.

Added: Ultra Petroleum Corp (UPL)

Ron Baron added to his holdings in Ultra Petroleum Corp by 62.11%. His purchase prices were between $44.18 and $53.28, with an estimated average price of $48.2. The impact to his portfolio due to this purchase was 0.09%. His holdings were 772,184 shares as of 03/31/2010.

Ultra Petroleum is an independent, exploration and production company focused on developing its long life natural gas reserves in the Green River Basin of Wyoming, and oil reserves in Bohai Bay, offshore China. Ultra Petroleum Corp has a market cap of $7.14 billion; its shares were traded at around $46.93 with a P/E ratio of 21.8 and P/S ratio of 10.7. Ultra Petroleum Corp had an annual average earning growth of 52.2% over the past 10 years.

Added: Carbo Ceramics Inc. (CRR)

Ron Baron added to his holdings in Carbo Ceramics Inc. by 46.38%. His purchase prices were between $59.27 and $72.08, with an estimated average price of $65.74. The impact to his portfolio due to this purchase was 0.07%. His holdings were 506,475 shares as of 03/31/2010.

CARBO Ceramics Inc. is the world's largest producer and supplier of ceramicproppants for use in the hydraulic fracturing of natural gas and oil wells. Carbo Ceramics Inc. has a market cap of $1.58 billion; its shares were traded at around $68.15 with a P/E ratio of 28.3 and P/S ratio of 4.6. The dividend yield of Carbo Ceramics Inc. stocks is 1.1%. Carbo Ceramics Inc. had an annual average earning growth of 14% over the past 10 years. GuruFocus rated Carbo Ceramics Inc. the business predictability rank of 3-star.

Added: Citrix Systems Inc. (CTXS)

Ron Baron added to his holdings in Citrix Systems Inc. by 30.74%. His purchase prices were between $41.15 and $49, with an estimated average price of $44.25. The impact to his portfolio due to this purchase was 0.04%. His holdings were 603,275 shares as of 03/31/2010.

Citrix Systems, Inc. is one of the suppliers of application delivery and management software and services that enable the effective and efficient enterprise-wide deployment and management of applications. Citrix Systems Inc. has a market cap of $8.55 billion; its shares were traded at around $46.51 with a P/E ratio of 31.3 and P/S ratio of 5.3. Citrix Systems Inc. had an annual average earning growth of 4.2% over the past 10 years.

Added: Amazon.com Inc. (AMZN)

Ron Baron added to his holdings in Amazon.com Inc. by 129.41%. His purchase prices were between $115.94 and $136.58, with an estimated average price of $125.96. The impact to his portfolio due to this purchase was 0.04%. His holdings were 78,000 shares as of 03/31/2010.

Amazon.com, Inc. seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com Inc. has a market cap of $57.14 billion; its shares were traded at around $128.533 with a P/E ratio of 56.3 and P/S ratio of 2.4.

Added: National Instruments Corp. (NATI)

Ron Baron added to his holdings in National Instruments Corp. by 57.14%. His purchase prices were between $28.24 and $33.86, with an estimated average price of $31.12. The impact to his portfolio due to this purchase was 0.04%. His holdings were 550,000 shares as of 03/31/2010.

National Instruments Corporation is a supplier of computer-based instrumentation hardware and software products that engineers and scientists use in a wide range of industries. National Instruments Corp. has a market cap of $2.51 billion; its shares were traded at around $32.09 with a P/E ratio of 42.2 and P/S ratio of 3.7. The dividend yield of National Instruments Corp. stocks is 1.7%. National Instruments Corp. had an annual average earning growth of 4.2% over the past 10 years.

Added: Mistras Group Inc (MG)

Ron Baron added to his holdings in Mistras Group Inc by 27.27%. His purchase prices were between $9.97 and $15.06, with an estimated average price of $12.97. The impact to his portfolio due to this purchase was 0.04%. His holdings were 2,545,433 shares as of 03/31/2010.

Mistras Group, Inc. is a global provider of technology-enabled, non-destructive testing (NDT) solutions used to evaluate the structural integrity of critical energy, industrial and public infrastructure. Mistras Group Inc has a market cap of $341 million; its shares were traded at around $12.79 with a P/E ratio of 42.6 and P/S ratio of 1.6.

Added: Hms Holdings Corp (HMSY)

Ron Baron added to his holdings in Hms Holdings Corp by 87.92%. His purchase prices were between $43.64 and $53.28, with an estimated average price of $47.48. The impact to his portfolio due to this purchase was 0.04%. His holdings were 244,300 shares as of 03/31/2010.

HMS Holdings furnishes information-based revenue recovery and business office outsourcing services to healthcare providers and payors. Hms Holdings Corp has a market cap of $1.49 billion; its shares were traded at around $54.93 with a P/E ratio of 48.2 and P/S ratio of 6.6.

Added: Occidental Petroleum Corp. (OXY)

Ron Baron added to his holdings in Occidental Petroleum Corp. by 63.53%. His purchase prices were between $76.01 and $84.27, with an estimated average price of $80.54. The impact to his portfolio due to this purchase was 0.02%. His holdings were 80,130 shares as of 03/31/2010.

Occidental Petroleum Corp. explores for, develops, produces and markets crude oil and natural gas and manufactures and markets a variety of basic chemicals, including chlorine, caustic soda, and ethylene dichloride, as well as specialty chemicals and vinyls, including polyvinyl chloride resins and vinyl chloride monomer. Occidental Petroleum Corp. has a market cap of $66.56 billion; its shares were traded at around $81.96 with a P/E ratio of 17.9 and P/S ratio of 4.2. The dividend yield of Occidental Petroleum Corp. stocks is 1.6%. Occidental Petroleum Corp. had an annual average earning growth of 13.6% over the past 10 years.

Added: Neogen Corp. (NEOG)

Ron Baron added to his holdings in Neogen Corp. by 122.86%. His purchase prices were between $20.87 and $26.25, with an estimated average price of $23.72. The impact to his portfolio due to this purchase was 0.02%. His holdings were 195,000 shares as of 03/31/2010.

Neogen Corporation develops, manufactures, and markets a diverse line ofproducts dedicated to food and animal safety. Neogen Corp. has a market cap of $602.5 million; its shares were traded at around $26.71 with a P/E ratio of 37.3 and P/S ratio of 5.1. Neogen Corp. had an annual average earning growth of 19.9% over the past 10 years. GuruFocus rated Neogen Corp. the business predictability rank of 4-star.

Added: Berkshire Hathaway Inc. (BRK.A)

Ron Baron added to his holdings in Berkshire Hathaway Inc. by 61.76%. His purchase prices were between $97500 and $125000, with an estimated average price of $113488. The impact to his portfolio due to this purchase was 0.02%. His holdings were 55 shares as of 03/31/2010.

Berkshire Hathaway Inc. is a holding company owning subsidiaries engaged in a number of diverse business activities. Berkshire Hathaway Inc. has a market cap of $188 billion; its shares were traded at around $114150 with a P/E ratio of 22 and P/S ratio of 1.8. Berkshire Hathaway Inc. had an annual average earning growth of 13.2% over the past 10 years. GuruFocus rated Berkshire Hathaway Inc. the business predictability rank of 2-star.

Added: Wells Fargo & Company (WFC)

Ron Baron added to his holdings in Wells Fargo & Company by 24.97%. His purchase prices were between $26.43 and $31.22, with an estimated average price of $28.49. The impact to his portfolio due to this purchase was 0.01%. His holdings were 214,950 shares as of 03/31/2010.

Wells Fargo & Company is a diversified financial services company providing banking, insurance, investments, mortgage and consumer finance services through stores, its Internet site and other distribution channels across North America as well as internationally. Wells Fargo & Company has a market cap of $166.23 billion; its shares were traded at around $32.04 with a P/E ratio of 18.4 and P/S ratio of 1.6. The dividend yield of Wells Fargo & Company stocks is 0.6%. Wells Fargo & Company had an annual average earning growth of 5.1% over the past 10 years.

Added: Ebay Inc. (EBAY)

Ron Baron added to his holdings in Ebay Inc. by 43.75%. His purchase prices were between $21.77 and $27.56, with an estimated average price of $24.14. The impact to his portfolio due to this purchase was 0.01%. His holdings were 115,000 shares as of 03/31/2010.

eBay is one of the world's largest online trading communities. Ebay Inc. has a market cap of $29.04 billion; its shares were traded at around $22.25 with a P/E ratio of 16.3 and P/S ratio of 3.2. Ebay Inc. had an annual average earning growth of 43.4% over the past 10 years.

Added: Pulte Homes Inc. (PHM)

Ron Baron added to his holdings in Pulte Homes Inc. by 22.31%. His purchase prices were between $10 and $11.74, with an estimated average price of $11.06. The impact to his portfolio due to this purchase was 0.01%. His holdings were 439,110 shares as of 03/31/2010.

Pulte Corporation is a publicly held holding company whose subsidiaries engage in the homebuilding and financial services businesses. Pulte Homes Inc. has a market cap of $4.43 billion; its shares were traded at around $11.59 with and P/S ratio of 1.1.

Added: Techtarget Inc. (TTGT)

Ron Baron added to his holdings in Techtarget Inc. by 41.67%. His purchase prices were between $5.13 and $6.21, with an estimated average price of $5.44. The impact to his portfolio due to this purchase was 0.01%. His holdings were 760,000 shares as of 03/31/2010.

TECHTARGET, a online Information Technology media company, provides IT companies with ROI-focused marketing programs to generate leads, shorten sales cycles, and grow revenues. Techtarget Inc. has a market cap of $234.7 million; its shares were traded at around $5.55 with and P/S ratio of 2.8.

Added: Expedia Inc. (EXPE)

Ron Baron added to his holdings in Expedia Inc. by 73.57%. His purchase prices were between $21.26 and $26.46, with an estimated average price of $22.87. The impact to his portfolio due to this purchase was 0.01%. His holdings were 121,500 shares as of 03/31/2010.

Expedia, Inc. is one of the world's travel services companies. Expedia Inc. has a market cap of $6.6 billion; its shares were traded at around $22.8 with a P/E ratio of 18.1 and P/S ratio of 2.2. The dividend yield of Expedia Inc. stocks is 0.3%. Expedia Inc. had an annual average earning growth of 4.2% over the past 5 years.

Added: Canon Inc. (CAJ)

Ron Baron added to his holdings in Canon Inc. by 33.33%. His purchase prices were between $38.87 and $46.55, with an estimated average price of $42.47. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 20,000 shares as of 03/31/2010.

Canon, Inc. is an industry leader in professional and consumer imaging equipment and information systems. Canon Inc. has a market cap of $57.35 billion; its shares were traded at around $43 with and P/S ratio of 1.6. The dividend yield of Canon Inc. stocks is 2.5%. Canon Inc. had an annual average earning growth of 8.4% over the past 10 years.

Added: Cybersource Corp. (CYBS)

Ron Baron added to his holdings in Cybersource Corp. by 60.81%. His purchase prices were between $16.28 and $20.55, with an estimated average price of $18.35. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 119,000 shares as of 03/31/2010.

CyberSource Corporation is a provider of electronic payment and risk management solutions. Cybersource Corp. has a market cap of $1.81 billion; its shares were traded at around $25.6 with a P/E ratio of 36 and P/S ratio of 6.8.

Added: Liberty Global Inc. (LBTYA)

Ron Baron added to his holdings in Liberty Global Inc. by 45.83%. His purchase prices were between $21.89 and $29.17, with an estimated average price of $25.83. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 17,500 shares as of 03/31/2010.

Liberty Global owns interests primarily in broadband distribution and content companies operating outside the continental U. Liberty Global Inc. has a market cap of $6.83 billion; its shares were traded at around $25.5 with a P/E ratio of 38 and P/S ratio of 0.6. Liberty Global Inc. had an annual average earning growth of 52.3% over the past 5 years.

Added: Syngenta Ag (SYT)

Ron Baron added to his holdings in Syngenta Ag by 27.27%. His purchase prices were between $50.47 and $56.7, with an estimated average price of $53.9. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 14,000 shares as of 03/31/2010.

SYNGENTA AG-ADR is a world-agribusiness. The company ranks first in crop protection, and third in the high-value commercial seeds market. Syngenta Ag has a market cap of $22.32 billion; its shares were traded at around $47.19 with and P/S ratio of 2.1. The dividend yield of Syngenta Ag stocks is 1.9%.

Added: Vmware Inc. (VMW)

Ron Baron added to his holdings in Vmware Inc. by 24.44%. His purchase prices were between $41.58 and $54.49, with an estimated average price of $48.46. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 56,000 shares as of 03/31/2010.

VMware provides virtualization solutions from the desktop to the data center. Vmware Inc. has a market cap of $24.25 billion; its shares were traded at around $60.2 with a P/E ratio of 107.4 and P/S ratio of 12.

Added: Vornado Realty Trust (VNO)

Ron Baron added to his holdings in Vornado Realty Trust by 86.09%. His purchase prices were between $62.49 and $76.94, with an estimated average price of $68.85. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 11,195 shares as of 03/31/2010.

Vornado Realty Trust is a fully-integrated real estate investment trust. Vornado Realty Trust has a market cap of $14.42 billion; its shares were traded at around $79.55 with a P/E ratio of 15.6 and P/S ratio of 5.2. The dividend yield of Vornado Realty Trust stocks is 3.3%. Vornado Realty Trust had an annual average earning growth of 5.3% over the past 10 years. GuruFocus rated Vornado Realty Trust the business predictability rank of 2.5-star.

New Purchase: Denbury Resources Inc. (DNR)

Ron Baron initiated holdings in Denbury Resources Inc.. His purchase prices were between $13.55 and $16.74, with an estimated average price of $15.12. The impact to his portfolio due to this purchase was 0.95%. His holdings were 8,668,116 shares as of 03/31/2010.

Denbury Resources Inc. is a Canadian corp. organized under the Canada Business Corp Act engaged in the acquisition, development, operation and exploration of oil and gas properties primarily in the Gulf Coast region of the U. Denbury Resources Inc. has a market cap of $4.31 billion; its shares were traded at around $16.43 with a P/E ratio of 29.4 and P/S ratio of 4.9. Denbury Resources Inc. had an annual average earning growth of 8.1% over the past 10 years.

New Purchase: Aol Inc (AOL)

Ron Baron initiated holdings in Aol Inc. His purchase prices were between $23.28 and $26.24, with an estimated average price of $24.85. The impact to his portfolio due to this purchase was 0.59%. His holdings were 3,580,420 shares as of 03/31/2010.

AOL Inc. is a global Web services company with an extensive suite of brands and offerings and a substantial worldwide audience. Aol Inc has a market cap of $2.53 billion; its shares were traded at around $23.79 with a P/E ratio of 8.3 and P/S ratio of 0.8.


New Purchase: Generac Holdings Inc (GNRC)

Ron Baron initiated holdings in Generac Holdings Inc. His purchase prices were between $12.84 and $15.4, with an estimated average price of $13.94. The impact to his portfolio due to this purchase was 0.32%. His holdings were 3,555,432 shares as of 03/31/2010.

Generac Holdings Inc. is a manufacturer of backup power generation products serving residential, light commercial and industrial markets. Generac Holdings Inc has a market cap of $884 million; its shares were traded at around $13.48 with and P/S ratio of 1.6.

New Purchase: 21st Century Insurance Group (TW)

Ron Baron initiated holdings in 21st Century Insurance Group. His purchase prices were between $42.72 and $51.48, with an estimated average price of $46.38. The impact to his portfolio due to this purchase was 0.26%. His holdings were 850,000 shares as of 03/31/2010.

Towers Watson & Co. is a global professional services company that helps organizations improve performance through effective people, risk and financial management. 21st Century Insurance Group has a market cap of $2.06 billion; its shares were traded at around $48.76 with a P/E ratio of 13.8 and P/S ratio of 1.2. The dividend yield of 21st Century Insurance Group stocks is 0.6%.

New Purchase: Globe Specialty Metals Inc. (GSM)

Ron Baron initiated holdings in Globe Specialty Metals Inc.. His purchase prices were between $9.28 and $11.35, with an estimated average price of $10.3. The impact to his portfolio due to this purchase was 0.25%. His holdings were 3,451,398 shares as of 03/31/2010.

Globe Specialty Metals, Inc., together with its subsidiary companies, is among the world's largest producers of silicon metal and silicon-based specialty alloys - critical ingredients in a host of industrial and consumer products with growing markets. Globe Specialty Metals Inc. has a market cap of $895.5 million; its shares were traded at around $12.05 with a P/E ratio of 46.3 and P/S ratio of 2.1.

New Purchase: Life Technologies Corporation (LIFE)

Ron Baron initiated holdings in Life Technologies Corporation. His purchase prices were between $47.35 and $53.69, with an estimated average price of $50.88. The impact to his portfolio due to this purchase was 0.23%. His holdings were 666,162 shares as of 03/31/2010.

Life Technologies Corporation is a global biotechnology tools company. Life Technologies Corporation has a market cap of $9.33 billion; its shares were traded at around $51.5 with a P/E ratio of 16.2 and P/S ratio of 2.9. Life Technologies Corporation had an annual average earning growth of 20.5% over the past 10 years.

New Purchase: Ncr Corp. (NCR)

Ron Baron initiated holdings in Ncr Corp.. His purchase prices were between $11.13 and $14.16, with an estimated average price of $12.76. The impact to his portfolio due to this purchase was 0.18%. His holdings were 2,000,000 shares as of 03/31/2010.

NCR Corporation is a recognized world leader in providing Relationship Technology solutions for the retail, financial, communications, travel and transportation, and insurance markets. Ncr Corp. has a market cap of $1.98 billion; its shares were traded at around $12.42 with a P/E ratio of 21 and P/S ratio of 0.4. Ncr Corp. had an annual average earning growth of 3.7% over the past 10 years.

New Purchase: Chesapeake Lodging Trust (CHSP)

Ron Baron initiated holdings in Chesapeake Lodging Trust. His purchase prices were between $18.88 and $20, with an estimated average price of $19.49. The impact to his portfolio due to this purchase was 0.11%. His holdings were 904,862 shares as of 03/31/2010.

Chesapeake Lodging Trust is a real estate investment trust. Chesapeake Lodging Trust has a market cap of $174.7 million; its shares were traded at around $18.93 .

New Purchase: American Campus Communities Inc. (ACC)

Ron Baron initiated holdings in American Campus Communities Inc.. His purchase prices were between $24.84 and $28.65, with an estimated average price of $27.06. The impact to his portfolio due to this purchase was 0.1%. His holdings were 573,180 shares as of 03/31/2010.

American Campus Communities, Inc. is a fully integrated, self-managed and self-administered equity REIT with expertise in the acquisition, design, finance, development, construction management, leasing and management of student housing properties. American Campus Communities Inc. has a market cap of $1.35 billion; its shares were traded at around $25.84 with and P/S ratio of 4.3. The dividend yield of American Campus Communities Inc. stocks is 5.2%. American Campus Communities Inc. had an annual average earning growth of 5.6% over the past 5 years.

New Purchase: Lumber Liquidators (LL)

Ron Baron initiated holdings in Lumber Liquidators. His purchase prices were between $22.18 and $27.64, with an estimated average price of $24.76. The impact to his portfolio due to this purchase was 0.08%. His holdings were 464,766 shares as of 03/31/2010.

Lumber Liquidators, Inc. is a specialty retailer of hardwood flooring. Lumber Liquidators has a market cap of $811.2 million; its shares were traded at around $29.73 with a P/E ratio of 29 and P/S ratio of 1.6.

New Purchase: The Stanley Works (SWK)

Ron Baron initiated holdings in The Stanley Works. His purchase prices were between $51.25 and $59.9, with an estimated average price of $56.1. The impact to his portfolio due to this purchase was 0.07%. His holdings were 178,605 shares as of 03/31/2010.

Stanley Black & Decker, Inc., formerly known as Stanley Works Inc. The Stanley Works has a market cap of $4.86 billion; its shares were traded at around $60.33 with a P/E ratio of 20.7 and P/S ratio of 1.3. The dividend yield of The Stanley Works stocks is 2.3%. The Stanley Works had an annual average earning growth of 2.7% over the past 10 years.

New Purchase: Teva Pharmaceutical Industries Ltd. (TEVA)

Ron Baron initiated holdings in Teva Pharmaceutical Industries Ltd.. His purchase prices were between $55.88 and $64.54, with an estimated average price of $59.37. The impact to his portfolio due to this purchase was 0.04%. His holdings were 91,270 shares as of 03/31/2010.

TEVA Pharmaceuticals USA, the business is to develop, manufacture, and market generic pharmaceuticals. Teva Pharmaceutical Industries Ltd. has a market cap of $52.88 billion; its shares were traded at around $56.8 with a P/E ratio of 15.8 and P/S ratio of 3.8. The dividend yield of Teva Pharmaceutical Industries Ltd. stocks is 0.9%. Teva Pharmaceutical Industries Ltd. had an annual average earning growth of 21.1% over the past 10 years. GuruFocus rated Teva Pharmaceutical Industries Ltd. the business predictability rank of 3.5-star.

New Purchase: 3m Company (MMM)

Ron Baron initiated holdings in 3m Company. His purchase prices were between $77.53 and $85.12, with an estimated average price of $81.6. The impact to his portfolio due to this purchase was 0.04%. His holdings were 65,930 shares as of 03/31/2010.

3M Company is a diversified technology company with positions in consumer and office; display and graphics; electronics and telecommunications; health care; industrial; safety, security and protection services; transportation and other businesses. 3m Company has a market cap of $60.33 billion; its shares were traded at around $84.68 with a P/E ratio of 16 and P/S ratio of 2.6. The dividend yield of 3m Company stocks is 2.4%. 3m Company had an annual average earning growth of 10.3% over the past 10 years. GuruFocus rated 3m Company the business predictability rank of 3.5-star.

New Purchase: World Wrestling Entertainment Inc. (WWE)

Ron Baron initiated holdings in World Wrestling Entertainment Inc.. His purchase prices were between $15.33 and $18.04, with an estimated average price of $16.62. The impact to his portfolio due to this purchase was 0.02%. His holdings were 200,000 shares as of 03/31/2010.

World Wrestling Federation Entertainment Inc. is an integrated media and entertainment company, principally engaged in the development, production and marketing of television programming, pay-per-view programming and live events, and the licensing and sale of branded consumer products featuring our highly successful World Wrestling Federation brand. World Wrestling Entertainment Inc. has a market cap of $1.23 billion; its shares were traded at around $16.78 with a P/E ratio of 19.4 and P/S ratio of 2.6. The dividend yield of World Wrestling Entertainment Inc. stocks is 8.6%. World Wrestling Entertainment Inc. had an annual average earning growth of 2.6% over the past 10 years.

New Purchase: Informatica Corp. (INFA)

Ron Baron initiated holdings in Informatica Corp.. His purchase prices were between $22.86 and $27.69, with an estimated average price of $25.54. The impact to his portfolio due to this purchase was 0.01%. His holdings were 57,500 shares as of 03/31/2010.

Informatica Corp. is a provider of software solutions that help large companies deploy, manage, maintain and grow systems that enable more effective business decision making. Informatica Corp. has a market cap of $2.41 billion; its shares were traded at around $26.59 with a P/E ratio of 34.5 and P/S ratio of 4.9.

New Purchase: Brookfield Asset Management Inc. Ltd. (BAM)

Ron Baron initiated holdings in Brookfield Asset Management Inc. Ltd.. His purchase prices were between $20.09 and $25.83, with an estimated average price of $22.88. The impact to his portfolio due to this purchase was 0.01%. His holdings were 70,691 shares as of 03/31/2010.

Brookfield Asset Management Inc. is an asset manager. Brookfield Asset Management Inc. Ltd. has a market cap of $14.29 billion; its shares were traded at around $24.94 with a P/E ratio of 30.5 and P/S ratio of 1.2. The dividend yield of Brookfield Asset Management Inc. Ltd. stocks is 2.1%. Brookfield Asset Management Inc. Ltd. had an annual average earning growth of 30.7% over the past 10 years.

New Purchase: Dolby Laboratories Inc. (DLB)

Ron Baron initiated holdings in Dolby Laboratories Inc.. His purchase prices were between $47.63 and $59.36, with an estimated average price of $53.3. The impact to his portfolio due to this purchase was 0.01%. His holdings were 35,000 shares as of 03/31/2010.

Dolby Laboratories develops and delivers products and technologies that make the entertainment experience more realistic and immersive. Dolby Laboratories Inc. has a market cap of $7.37 billion; its shares were traded at around $64.66 with a P/E ratio of 29.9 and P/S ratio of 10.2. Dolby Laboratories Inc. had an annual average earning growth of 1.7% over the past 5 years.

New Purchase: Viacom Inc. (VIA.B)

Ron Baron initiated holdings in Viacom Inc.. His purchase prices were between $27.92 and $33.64, with an estimated average price of $30.22. The impact to his portfolio due to this purchase was 0.01%. His holdings were 49,801 shares as of 03/31/2010.

Viacom is a global entertainment content company whose family of prominent and respected brands includes the multiplatform properties of MTV Networks, BET Networks, Paramount Pictures, Paramount Home Entertainment and DreamWorks. Viacom Inc. has a market cap of $17.82 billion; its shares were traded at around $33.67 with a P/E ratio of 12.1 and P/S ratio of 1.3.

New Purchase: Imax Corp. (IMAX)

Ron Baron initiated holdings in Imax Corp.. His purchase prices were between $11.55 and $18.04, with an estimated average price of $14.02. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 25,000 shares as of 03/31/2010.

Imax Corporation is an entertainment technology company, with particular emphasis on film and digital imaging technologies including giant-screen images, 3D presentations, post-production and digital projection. Imax Corp. has a market cap of $1.22 billion; its shares were traded at around $19.3 with a P/E ratio of 36.5 and P/S ratio of 7.2.

New Purchase: Ustoreit Trust (YSI)

Ron Baron initiated holdings in Ustoreit Trust. His purchase prices were between $6.31 and $7.7, with an estimated average price of $7.03. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 11,000 shares as of 03/31/2010.

U-Store-It Trust is a self-administered and self-managed real estate investment trust focused on the ownership, operation, acquisition and development of self-storage facilities in the United States. Ustoreit Trust has a market cap of $816.3 million; its shares were traded at around $8.79 with a P/E ratio of 8.9 and P/S ratio of 3.7. The dividend yield of Ustoreit Trust stocks is 1.2%. Ustoreit Trust had an annual average earning growth of 1.2% over the past 5 years.

New Purchase: Capital Senior Living Corp. (CSU)

Ron Baron initiated holdings in Capital Senior Living Corp.. His purchase prices were between $4.35 and $5.34, with an estimated average price of $4.98. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 22,700 shares as of 03/31/2010.

Capital Senior Living Corporation is one of the largest providers of senior living services in the United States. Capital Senior Living Corp. has a market cap of $136.3 million; its shares were traded at around $5.04 with a P/E ratio of 45.8 and P/S ratio of 0.7. Capital Senior Living Corp. had an annual average earning growth of 4% over the past 10 years.

New Purchase: Morgans Hotel Group Co. (MHGC)

Ron Baron initiated holdings in Morgans Hotel Group Co.. His purchase prices were between $3.91 and $6.37, with an estimated average price of $4.62. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 10,800 shares as of 03/31/2010.

MORGANS HOTEL GROUP CO. operates and owns, or has an ownership interest in, Morgans, Royalton and Hudson in New York, Delano and The Shore Club in Miami, Mondrian in Los Angeles and Scottsdale, Clift in San Francisco, and Sanderson and St Martins Lane in London. Morgans Hotel Group Co. has a market cap of $198.3 million; its shares were traded at around $6.63 with and P/S ratio of 0.8.

New Purchase: Sinovac Biotech Ltd (SVA)

Ron Baron initiated holdings in Sinovac Biotech Ltd. His purchase prices were between $6 and $7.51, with an estimated average price of $6.64. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 60,000 shares as of 03/31/2010.

Sonovac Biotech Ltd. specializes in the research, development, commercialization, and sales of human vaccines for infectious illnesses such as hepatitis A and hepatitis B, influenza, `SARS`, and avian flu. Sinovac Biotech Ltd has a market cap of $231.8 million; its shares were traded at around $4.41 with a P/E ratio of 9.4 and P/S ratio of 2.8.

New Purchase: Chinabiotics Inc. (CHBT)

Ron Baron initiated holdings in Chinabiotics Inc.. His purchase prices were between $12.36 and $19.21, with an estimated average price of $15.7. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 20,000 shares as of 03/31/2010.

Headquartered in Shanghai, China-Biotics, Inc. is one of China's largest suppliers of probiotics. Chinabiotics Inc. has a market cap of $379.9 million; its shares were traded at around $16.98 with a P/E ratio of 14.6 and P/S ratio of 6.9.

Reduced: Xto Energy Inc. (XTO)

Ron Baron reduced to his holdings in Xto Energy Inc. by 99.57%. His sale prices were between $44.57 and $48.2, with an estimated average price of $46.54. The impact to his portfolio due to this sale was less than 0.01%. Ron Baron still held 7,500 shares as of 03/31/2010.

XTO Energy Inc. is engaged in the acquisition, development, exploitation and exploration of producing oil and gas properties, and in the production, processing, marketing and transportation of oil and natural gas. Xto Energy Inc. has a market cap of $26.15 billion; its shares were traded at around $44.82 with a P/E ratio of 13.9 and P/S ratio of 2.9. The dividend yield of Xto Energy Inc. stocks is 1.1%. Xto Energy Inc. had an annual average earning growth of 31.8% over the past 10 years. GuruFocus rated Xto Energy Inc. the business predictability rank of 5-star.

Reduced: China Automotive Systems Inc. (CAAS)

Ron Baron reduced to his holdings in China Automotive Systems Inc. by 30%. His sale prices were between $14.87 and $26.35, with an estimated average price of $20.19. The impact to his portfolio due to this sale was less than 0.01%. Ron Baron still held 21,000 shares as of 03/31/2010.

China Automotive Systems is a holding company and has no significant business operations other than their interest in Genesis in which they manufacture power steering systems and other component partsfor automobiles. China Automotive Systems Inc. has a market cap of $525.1 million; its shares were traded at around $19.41 with a P/E ratio of 18.2 and P/S ratio of 2.1. China Automotive Systems Inc. had an annual average earning growth of 24% over the past 5 years.

Reduced: Tw Telecom Inc. (TWTC)

Ron Baron reduced to his holdings in Tw Telecom Inc. by 23.24%. His sale prices were between $14.66 and $18.45, with an estimated average price of $16.67. The impact to his portfolio due to this sale was less than 0.01%. Ron Baron still held 142,000 shares as of 03/31/2010.

TW TELECOM INC., headquartered in Littleton, Colo., provides managed network services, specializing in Ethernet and transport data networking, Internet access, local and long distance voice, VoIP, VPN and security, to enterprise organizations and communications services companies throughout the U. Tw Telecom Inc. has a market cap of $2.72 billion; its shares were traded at around $18.11 with a P/E ratio of 86.2 and P/S ratio of 2.2. Tw Telecom Inc. had an annual average earning growth of 7.3% over the past 10 years. GuruFocus rated Tw Telecom Inc. the business predictability rank of 2.5-star.

Reduced: Kohl's Corp. (KSS)

Ron Baron reduced to his holdings in Kohl's Corp. by 24.34%. His sale prices were between $49.2 and $56.37, with an estimated average price of $52.7. The impact to his portfolio due to this sale was less than 0.01%. Ron Baron still held 44,640 shares as of 03/31/2010.

Kohl's Corporation operates family oriented, specialty department stores primarily in the Midwest, Mid-Atlantic and Northeast areas of the United States that feature quality, national brand merchandise priced to provide exceptional value to customers. Kohl's Corp. has a market cap of $16.41 billion; its shares were traded at around $53.45 with a P/E ratio of 16.6 and P/S ratio of 0.9. Kohl's Corp. had an annual average earning growth of 13.4% over the past 10 years. GuruFocus rated Kohl's Corp. the business predictability rank of 4-star.

Reduced: Greenhill & Co. Inc. (GHL)

Ron Baron reduced to his holdings in Greenhill & Co. Inc. by 40.95%. His sale prices were between $71.45 and $86.73, with an estimated average price of $78.58. The impact to his portfolio due to this sale was -0.02%. Ron Baron still held 112,600 shares as of 03/31/2010.

GREENHILL & CO., Inc. is a independent investment bank that provides financial advice on significant mergers, acquisitions and restructurings; assists private funds in raising capital from investors; and manages merchant banking funds. Greenhill & Co. Inc. has a market cap of $2.14 billion; its shares were traded at around $75.69 with a P/E ratio of 51.1 and P/S ratio of 7.2. The dividend yield of Greenhill & Co. Inc. stocks is 2.3%. Greenhill & Co. Inc. had an annual average earning growth of 11.8% over the past 5 years.

Reduced: Energysolutions Inc (ES)

Ron Baron reduced to his holdings in Energysolutions Inc by 53.15%. His sale prices were between $5.73 and $9.29, with an estimated average price of $7.33. The impact to his portfolio due to this sale was -0.02%. Ron Baron still held 1,000,000 shares as of 03/31/2010.

ENERGYSOLUTIONS is a full-service nuclear fuel cycle company that is committed to environmental protection, energy independence and a safe and growing industry. Energysolutions Inc has a market cap of $622.2 million; its shares were traded at around $7.03 with a P/E ratio of 11 and P/S ratio of 0.4. The dividend yield of Energysolutions Inc stocks is 1.3%.

Reduced: Millipore Corp. (MIL)

Ron Baron reduced to his holdings in Millipore Corp. by 97.38%. His sale prices were between $67.94 and $105.59, with an estimated average price of $84.79. The impact to his portfolio due to this sale was -0.02%. Ron Baron still held 26,733 shares as of 03/31/2010.

Millipore Corporation is a provider of products and services that improve productivity and results in biopharmaceutical manufacturing and in clinical, analytical and research laboratories. Millipore Corp. has a market cap of $5.95 billion; its shares were traded at around $105.9 with a P/E ratio of 25.5 and P/S ratio of 3.6. Millipore Corp. had an annual average earning growth of 5.2% over the past 10 years.

Reduced: Precision Castparts Corp. (PCP)

Ron Baron reduced to his holdings in Precision Castparts Corp. by 22.19%. His sale prices were between $103.01 and $127.09, with an estimated average price of $114.37. The impact to his portfolio due to this sale was -0.03%. Ron Baron still held 186,024 shares as of 03/31/2010.

Precision Castparts Corp. is a worldwide manufacturer of complex metal components and products. Precision Castparts Corp. has a market cap of $17.03 billion; its shares were traded at around $120.23 with a P/E ratio of 18.4 and P/S ratio of 3.1. The dividend yield of Precision Castparts Corp. stocks is 0.1%. Precision Castparts Corp. had an annual average earning growth of 20.4% over the past 10 years. GuruFocus rated Precision Castparts Corp. the business predictability rank of 2-star.

Reduced: Monsanto Company (MON)

Ron Baron reduced to his holdings in Monsanto Company by 70.21%. His sale prices were between $70.65 and $86.65, with an estimated average price of $76.48. The impact to his portfolio due to this sale was -0.03%. Ron Baron still held 83,710 shares as of 03/31/2010.

Monsanto is a global provider of technology-based solutions and agricultural products for growers and downstream customers, such as grain processors and consumers, in the agricultural markets. Monsanto Company has a market cap of $29.79 billion; its shares were traded at around $54.61 with a P/E ratio of 18.6 and P/S ratio of 2.6. The dividend yield of Monsanto Company stocks is 1.9%. Monsanto Company had an annual average earning growth of 18.2% over the past 10 years.

Reduced: Skilled Healthcare Group Inc. (SKH)

Ron Baron reduced to his holdings in Skilled Healthcare Group Inc. by 62.69%. His sale prices were between $5.88 and $7.79, with an estimated average price of $6.65. The impact to his portfolio due to this sale was -0.03%. Ron Baron still held 1,250,800 shares as of 03/31/2010.

SKILLED HEALTHCARE GROUP, INC. subsidiaries operate skilled nursing and assisted living facilities as well as a rehabilitation therapy and a hospice business, which focus on creating a culture that attracts and retains an innovative, caring and ethical team that provides high-quality care to patients, and has a strong reputation for treating patients who require a high level of skilled nursing care and extensive rehabilitation therapy. Skilled Healthcare Group Inc. has a market cap of $279.1 million; its shares were traded at around $7.39 with a P/E ratio of 7.5 and P/S ratio of 0.3.

Reduced: Reckson Associates Realty Corp (RA)

Ron Baron reduced to his holdings in Reckson Associates Realty Corp by 36.34%. His sale prices were between $11.05 and $14.3, with an estimated average price of $12.1. The impact to his portfolio due to this sale was -0.03%. Ron Baron still held 954,854 shares as of 03/31/2010.

RailAmerica, Inc. primarily engages in the ownership and operation of short line and regional freight railroads in North America. Reckson Associates Realty Corp has a market cap of $667.4 million; its shares were traded at around $12.16 with a P/E ratio of 52.8 and P/S ratio of 1.6.

Reduced: American Public Education, Inc. (APEI)

Ron Baron reduced to his holdings in American Public Education, Inc. by 35%. His sale prices were between $33.86 and $46.91, with an estimated average price of $40.79. The impact to his portfolio due to this sale was -0.04%. Ron Baron still held 325,000 shares as of 03/31/2010.

American Public Education, Inc. is an online provider of higher education focused primarily on serving the military and public service communities. American Public Education, Inc. has a market cap of $822.5 million; its shares were traded at around $44.94 with a P/E ratio of 32.4 and P/S ratio of 5.7.

Reduced: Zimmer Holdings Inc. (ZMH)

Ron Baron reduced to his holdings in Zimmer Holdings Inc. by 42.72%. His sale prices were between $55.42 and $63.71, with an estimated average price of $58.95. The impact to his portfolio due to this sale was -0.05%. Ron Baron still held 315,880 shares as of 03/31/2010.

Zimmer is a global leader in the design, development, manufacturing and market of reconstructive orthopaedic implants and fracture management products. Zimmer Holdings Inc. has a market cap of $12.08 billion; its shares were traded at around $59.56 with a P/E ratio of 14.8 and P/S ratio of 2.9. Zimmer Holdings Inc. had an annual average earning growth of 18.2% over the past 10 years.

Reduced: Skillsoft Plc (SKIL)

Ron Baron reduced to his holdings in Skillsoft Plc by 66.67%. His sale prices were between $9.58 and $11.29, with an estimated average price of $10.49. The impact to his portfolio due to this sale was -0.05%. Ron Baron still held 1,250,000 shares as of 03/31/2010.

SmartForce plc, the e-Learning company, formerly CBT Systems, provides integrated enterprise e-Learning solutions. Skillsoft Plc has a market cap of $1.06 billion; its shares were traded at around $11.14 with a P/E ratio of 15.5 and P/S ratio of 3.4.

Reduced: Eagle Materials Inc. (EXP)

Ron Baron reduced to his holdings in Eagle Materials Inc. by 48%. His sale prices were between $22.18 and $26.85, with an estimated average price of $24.56. The impact to his portfolio due to this sale was -0.05%. Ron Baron still held 650,000 shares as of 03/31/2010.

Eagle Materials Inc. is a Dallas-based company that manufactures and distributes Cement, Gypsum Wallboard, Recycled Paperboard and Concrete and Aggregates. Eagle Materials Inc. has a market cap of $1.34 billion; its shares were traded at around $30.56 with a P/E ratio of 43 and P/S ratio of 2.9. The dividend yield of Eagle Materials Inc. stocks is 1.4%. Eagle Materials Inc. had an annual average earning growth of 7.1% over the past 10 years.

Reduced: Mohawk Industries Inc. (MHK)

Ron Baron reduced to his holdings in Mohawk Industries Inc. by 21.73%. His sale prices were between $41.41 and $54.99, with an estimated average price of $48.91. The impact to his portfolio due to this sale was -0.07%. Ron Baron still held 873,620 shares as of 03/31/2010.

Mohawk Industries, Inc. is one of the producers of woven and tufted broadloom carpet and rugs for principally residential applications. Mohawk Industries Inc. has a market cap of $4.19 billion; its shares were traded at around $61.23 with a P/E ratio of 26.1 and P/S ratio of 0.8.

Reduced: Penske Automotive Group Inc. (PAG)

Ron Baron reduced to his holdings in Penske Automotive Group Inc. by 60.07%. His sale prices were between $13.89 and $17.36, with an estimated average price of $15.33. The impact to his portfolio due to this sale was -0.08%. Ron Baron still held 1,529,500 shares as of 03/31/2010.

United Auto Group, Inc. is a acquirer, consolidator and operator of franchised automobile and light truck dealerships and related businesses. Penske Automotive Group Inc. has a market cap of $1.25 billion; its shares were traded at around $13.56 with a P/E ratio of 13.8 and P/S ratio of 0.1.

Reduced: Cme Group Inc Cl A (CME)

Ron Baron reduced to his holdings in Cme Group Inc Cl A by 46.48%. His sale prices were between $269.29 and $349.32, with an estimated average price of $309.55. The impact to his portfolio due to this sale was -0.09%. Ron Baron still held 96,123 shares as of 03/31/2010.

Chicago Mercantile Exchange Holdings is the parent company of Chicago Mercantile Exchange Inc, the largest futures exchange in the United States based on notional value, trading volume and open interest. Cme Group Inc Cl A has a market cap of $20.84 billion; its shares were traded at around $315.41 with a P/E ratio of 23 and P/S ratio of 8. The dividend yield of Cme Group Inc Cl A stocks is 1.4%.

Reduced: Fmc Technologies Inc. (FTI)

Ron Baron reduced to his holdings in Fmc Technologies Inc. by 26.31%. His sale prices were between $53.17 and $65.36, with an estimated average price of $58.25. The impact to his portfolio due to this sale was -0.1%. Ron Baron still held 934,800 shares as of 03/31/2010.

FMC Technologies, Inc. designs, manufactures and services technologically sophisticated systems and products for customers through their Energy Production Systems, Energy Processing Systems, FoodTech and Airport Systems segments. Fmc Technologies Inc. has a market cap of $7.49 billion; its shares were traded at around $61.43 with a P/E ratio of 19.8 and P/S ratio of 1.6. Fmc Technologies Inc. had an annual average earning growth of 30.6% over the past 10 years.

Reduced: Valmont Industries Inc. (VMI)

Ron Baron reduced to his holdings in Valmont Industries Inc. by 32.73%. His sale prices were between $68.17 and $84.5, with an estimated average price of $75.69. The impact to his portfolio due to this sale was -0.14%. Ron Baron still held 803,310 shares as of 03/31/2010.

VALMONT INDUSTRIES, INC. is engaged in industrial products and irrigation products businesses. Valmont Industries Inc. has a market cap of $2.06 billion; its shares were traded at around $78.18 with a P/E ratio of 15.7 and P/S ratio of 1.2. The dividend yield of Valmont Industries Inc. stocks is 0.8%. Valmont Industries Inc. had an annual average earning growth of 15.8% over the past 10 years. GuruFocus rated Valmont Industries Inc. the business predictability rank of 2.5-star.

Reduced: Whole Foods Market Inc. (WFMI)

Ron Baron reduced to his holdings in Whole Foods Market Inc. by 30.28%. His sale prices were between $27.22 and $36.94, with an estimated average price of $31.81. The impact to his portfolio due to this sale was -0.16%. Ron Baron still held 2,295,416 shares as of 03/31/2010.

Whole Foods Market is the largest purveyor of natural foods in the world. Whole Foods Market Inc. has a market cap of $6.96 billion; its shares were traded at around $40.83 with a P/E ratio of 40.9 and P/S ratio of 0.8. Whole Foods Market Inc. had an annual average earning growth of 7.9% over the past 10 years.

Sold Out: Apollo Group Inc. (APOL)

Ron Baron sold out his holdings in Apollo Group Inc.. His sale prices were between $56.92 and $64.65, with an estimated average price of $61.25.

Apollo Group, Inc. has been providing higher education to working adults for over 25 years. Apollo Group Inc. has a market cap of $7.98 billion; its shares were traded at around $52.78 with a P/E ratio of 11.4 and P/S ratio of 2.1. Apollo Group Inc. had an annual average earning growth of 26.4% over the past 10 years. GuruFocus rated Apollo Group Inc. the business predictability rank of 4-star.

Sold Out: America Movil S.a.b. De C.v. (AMX)

Ron Baron sold out his holdings in America Movil S.a.b. De C.v.. His sale prices were between $42.94 and $50.81, with an estimated average price of $46.58.

American Movil is the provider of wireless communications services in Mexico. America Movil S.a.b. De C.v. has a market cap of $88.61 billion; its shares were traded at around $49.23 with a P/E ratio of 15.4 and P/S ratio of 3.1. The dividend yield of America Movil S.a.b. De C.v. stocks is 0.9%. America Movil S.a.b. De C.v. had an annual average earning growth of 32.7% over the past 10 years.

Sold Out: Green Mountain Coffee Roasters Inc. (GMCR)

Ron Baron sold out his holdings in Green Mountain Coffee Roasters Inc.. His sale prices were between $79.92 and $97.61, with an estimated average price of $86.02.

Green Mountain Coffee roasts high-quality arabica coffees to produce a variety of coffee which it sells through a coordinated multi-channel distribution network in its wholesale and direct mail operations. Green Mountain Coffee Roasters Inc. has a market cap of $3.32 billion; its shares were traded at around $75.85 with a P/E ratio of 48.4 and P/S ratio of 4.2. Green Mountain Coffee Roasters Inc. had an annual average earning growth of 22.1% over the past 10 years. GuruFocus rated Green Mountain Coffee Roasters Inc. the business predictability rank of 3.5-star.

Sold Out: Alliancebernstein Holding L.p. Units (AB)

Ron Baron sold out his holdings in Alliancebernstein Holding L.p. Units. His sale prices were between $25.07 and $30.55, with an estimated average price of $28.

ALLIANCE CAP MANAGEMENT L.P. provides diversified investment management services, primarily to pension funds, endowments, foreign financial institutions, and to individual investors. Alliancebernstein Holding L.p. Units has a market cap of $3 billion; its shares were traded at around $29.64 with a P/E ratio of 13.7 and P/S ratio of 1.1. The dividend yield of Alliancebernstein Holding L.p. Units stocks is 8.3%.

Sold Out: Tongjitang Chinese Medicines Company (TCM)

Ron Baron sold out his holdings in Tongjitang Chinese Medicines Company. His sale prices were between $3.45 and $3.94, with an estimated average price of $3.71.

TONGJITANG CHINESE MEDICINES COMPANY, through its operating subsidiaries Tongjitang Pharmaceutical, Tongjitang Distribution, Tongjitang Chain Stores, and Tongjitang Planting, is a vertically integrated and profitable specialty pharmaceutical company focused on the development, manufacturing, marketing and selling of modernized traditional Chinese medicine in China. Tongjitang Chinese Medicines Company has a market cap of $111.1 million; its shares were traded at around $4.08 with and P/S ratio of 1.6.

Sold Out: Kennametal Inc. (KMT)

Ron Baron sold out his holdings in Kennametal Inc.. His sale prices were between $23.86 and $30.25, with an estimated average price of $27.21.

Kennametal Inc. is a global supplier of tooling, engineered components and advanced materials consumed in production processes. Kennametal Inc. has a market cap of $2.44 billion; its shares were traded at around $29.98 with a P/E ratio of 83.3 and P/S ratio of 1.2. The dividend yield of Kennametal Inc. stocks is 1.6%.

Sold Out: Aerovironment Inc. (AVAV)

Ron Baron sold out his holdings in Aerovironment Inc.. His sale prices were between $22.95 and $34.81, with an estimated average price of $27.27.

Building on a history of technological innovation, AEROVIRONMENT INC. Aerovironment Inc. has a market cap of $579.3 million; its shares were traded at around $26.76 with a P/E ratio of 53.5 and P/S ratio of 2.3.

Sold Out: Diamond Offshore Drilling Inc. (DO)

Ron Baron sold out his holdings in Diamond Offshore Drilling Inc.. His sale prices were between $83.23 and $106.34, with an estimated average price of $92.02.

Diamond Offshore Drilling, Inc. engages principally in the contract drilling of offshore oil and gas wells. Diamond Offshore Drilling Inc. has a market cap of $9.96 billion; its shares were traded at around $71.67 with a P/E ratio of 7.6 and P/S ratio of 2.8. The dividend yield of Diamond Offshore Drilling Inc. stocks is 0.7%. Diamond Offshore Drilling Inc. had an annual average earning growth of 34.8% over the past 10 years.

Sold Out: Gold Fields Ltd. (GFI)

Ron Baron sold out his holdings in Gold Fields Ltd.. His sale prices were between $11.08 and $13.89, with an estimated average price of $12.31.

Gold Fields Limited is one of the world's largest unhedged gold producers with operating mines in South Africa, Ghana, and Australia. Gold Fields Ltd. has a market cap of $9.76 billion; its shares were traded at around $13.85 with a P/E ratio of 22.4 and P/S ratio of 3. The dividend yield of Gold Fields Ltd. stocks is 1.2%. Gold Fields Ltd. had an annual average earning growth of 1% over the past 10 years.

Sold Out: Heico Corp. (HEI.A)

Ron Baron sold out his holdings in Heico Corp.. His sale prices were between $32.94 and $39.2, with an estimated average price of $36.31.

Heico Corp. has a market cap of $1.65 billion; its shares were traded at around $31.49 . The dividend yield of Heico Corp. stocks is 0.3%.

Sold Out: Devon Energy Corp. (DVN)

Ron Baron sold out his holdings in Devon Energy Corp.. His sale prices were between $62.93 and $76.65, with an estimated average price of $69.73.

Devon Energy Corporation is an independent energy company engaged primarily in oil and gas exploration, development and production, and in the acquisition of producing properties. Devon Energy Corp. has a market cap of $29.52 billion; its shares were traded at around $66.06 with a P/E ratio of 12.2 and P/S ratio of 3.7. The dividend yield of Devon Energy Corp. stocks is 0.9%.

Sold Out: Fortinet Inc. (FTNT)

Ron Baron sold out his holdings in Fortinet Inc.. His sale prices were between $15.69 and $20.11, with an estimated average price of $17.54.

Fortinet, Inc., headquartered in Sunnyvale, California, is a provider of network security appliances and Unified Threat Management network security solutions to enterprises, service providers and government entities worldwide. Fortinet Inc. has a market cap of $1.09 billion; its shares were traded at around $16.14 with and P/S ratio of 4.3.

Sold Out: Airgas Inc. (ARG)

Ron Baron sold out his holdings in Airgas Inc.. His sale prices were between $42.26 and $65.71, with an estimated average price of $28.56.

Airgas, Inc., through its subsidiaries, is the largest U. Airgas Inc. has a market cap of $5.14 billion; its shares were traded at around $62.09 with a P/E ratio of 23.1 and P/S ratio of 1.4. The dividend yield of Airgas Inc. stocks is 1.4%. Airgas Inc. had an annual average earning growth of 15.2% over the past 10 years. GuruFocus rated Airgas Inc. the business predictability rank of 2.5-star.

Sold Out: American Railcar Industries Inc. (ARII)

Ron Baron sold out his holdings in American Railcar Industries Inc.. His sale prices were between $8.9 and $12.38, with an estimated average price of $10.42.

American Railcar Industries, Inc. is a North American manufacturer of covered hopper and tank railcars. American Railcar Industries Inc. has a market cap of $300.8 million; its shares were traded at around $14.12 with and P/S ratio of 0.7.

Sold Out: Watson Wyatt Worldwide Inc. (WW)

Ron Baron sold out his holdings in Watson Wyatt Worldwide Inc.. His sale prices were between $47.52 and $47.73, with an estimated average price of $47.63.

Watson Wyatt Corp. is a global human capital and financial management consulting firm. Watson Wyatt Worldwide Inc. has a market cap of $2.01 billion; its shares were traded at around $0 with a P/E ratio of 13.5 and P/S ratio of 1.2. The dividend yield of Watson Wyatt Worldwide Inc. stocks is 0.63%.

Sold Out: Joy Global Inc. (JOYG)

Ron Baron sold out his holdings in Joy Global Inc.. His sale prices were between $44.47 and $60.96, with an estimated average price of $53.17.

Joy Global Inc. is a worldwide leader in manufacturing, servicing and distributing equipment for surface mining through its P&H Mining Equipment division and underground mining through its Joy Mining Machinery division. Joy Global Inc. has a market cap of $5.36 billion; its shares were traded at around $52.03 with a P/E ratio of 12.2 and P/S ratio of 1.4. The dividend yield of Joy Global Inc. stocks is 1.4%.

Sold Out: Saic Inc. (SAI)

Ron Baron sold out his holdings in Saic Inc.. His sale prices were between $18.27 and $19.7, with an estimated average price of $19.

SAIC INC is a scientific, engineering, and technology applications company that uses its deep domain knowledge to solve problems of vital importance to the nation and the world, in national security, energy and the environment, critical infrastructure, and health. Saic Inc. has a market cap of $6.66 billion; its shares were traded at around $17.22 with a P/E ratio of 13.8 and P/S ratio of 0.6.

Sold Out: Pss World Medical Inc. (PSSI)

Ron Baron sold out his holdings in Pss World Medical Inc.. His sale prices were between $18.58 and $23.96, with an estimated average price of $21.8.

PSS World Medical, Inc. is a specialty marketer and distributor of medical products to physicians, alternate-site imaging centers, long-term care providers, home care providers, and hospitals. Pss World Medical Inc. has a market cap of $1.36 billion; its shares were traded at around $23.16 with a P/E ratio of 20 and P/S ratio of 0.7.

Sold Out: Palm Inc. (PALM)

Ron Baron sold out his holdings in Palm Inc.. His sale prices were between $3.7075 and $13.56, with an estimated average price of $8.63.

Palm, Inc., a leader in mobile computing, strives to put the power of computing in people's hands so they can access and share their most important information. Palm Inc. has a market cap of $965.1 million; its shares were traded at around $5.68 with and P/S ratio of 1.3.

Sold Out: Move Inc. (MOVE)

Ron Baron sold out his holdings in Move Inc.. His sale prices were between $1.57 and $2.19, with an estimated average price of $1.82.

Homestore Inc. is a destination on the Internet for real estate information, advertising products and services. Move Inc. has a market cap of $331.8 million; its shares were traded at around $2.13 with and P/S ratio of 1.6.

Sold Out: Liberty Acq Hgds Cp (LIA)

Ron Baron sold out his holdings in Liberty Acq Hgds Cp. His sale prices were between $9.63 and $9.92, with an estimated average price of $9.77.

Liberty Acq Hgds Cp has a market cap of $1.29 billion; its shares were traded at around $9.94 .


Sold Out: Successfactors Inc. (SFSF)

Ron Baron sold out his holdings in Successfactors Inc.. His sale prices were between $15.61 and $20.73, with an estimated average price of $18.17.

SuccessFactors is the provider of on-demand employee performance and talent management solutions that enable organizations of every size, across every industry and geography, to realize their employees' potential and thus drive business results. Successfactors Inc. has a market cap of $1.59 billion; its shares were traded at around $22.04 with and P/S ratio of 10.4.

Sold Out: Sonic Corp. (SONC)

Ron Baron sold out his holdings in Sonic Corp.. His sale prices were between $8.16 and $11.19, with an estimated average price of $9.2.

Sonic Corp. operates and franchises one of the largest chain ofdrive-in restaurants in the United States. Sonic Corp. has a market cap of $707.7 million; its shares were traded at around $11.57 with a P/E ratio of 18.7 and P/S ratio of 1. Sonic Corp. had an annual average earning growth of 15.1% over the past 10 years. GuruFocus rated Sonic Corp. the business predictability rank of 4.5-star.

Rating: 2.1/5 (7 votes)

Comments

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK