The fund’s Q2 2026 gains surpass Russell Midcap Growth and Russell 3000 indices, driven by concentrated high-growth holdings.
Baron Partners Fund reported a 16.61% gain in Q2 2026, outperforming the Russell Midcap Growth Index (14.55%) and Russell 3000 Index (15.44%). Year-to-date returns reached 10.40%, exceeding the Russell Midcap Growth Index’s 7.27%, while its one-year return hit 48.75%, significantly ahead of benchmarks.
The fund’s strategy focuses on a concentrated portfolio of 28 companies, with the top 10 positions accounting for 74.1% of total investments. The median market capitalization of these holdings is $20.9 billion. Baron targets growth businesses expected to double in value within 5-6 years, leveraging proprietary research and moderate leverage to enhance returns.
Hyatt Hotels Corporation (H) represents 4% of the fund’s investments and contributed 1.58% to its performance. The fund has consistently outperformed its benchmark in four of the last five years.