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This article is part of a series that provides an ongoing analysis of the changes made to BAMCO Inc.’s 13F stock portfolio on a quarterly basis. It is based on Ron Baron’s regulatory 13F Form filed on 05/15/2020. The 13F portfolio value decreased ~22% from $26.19B to $20.41B this quarter. The holdings are diversified with recent 13F reports showing around 350 positions. There are 54 securities that are significantly large (more than ~0.5% of the portfolio each) and they are the focus of this article. The largest five stakes are CoStar Group, IDEXX Labs, Tesla