Ron Baron acquired 3.75M First Advantage shares worth $59.9M. That's 0.17% of their equity portfolio (115th largest holding). The investor owns 2.11% of the outstanding First Advantage stock. Ron Baron started to build up the position in First Advantage in Q2 2021 and continued to invest until Q3 2022. Since then they sold 250k shares. The investor's estimated purchase price is $69.7M, resulting in a loss of 14%.