Browse the world's most comprehensive database of hedge fund investor letters, sorted by recent quarter. Access primary source research from leading institutional managers.
Browse the world's most comprehensive archive of hedge fund manager letters. Access primary source research from leading institutional managers, sorted by reporting period.
Baron Focused Growth Fund posted a dominant 12.34% return in Q4 2025, driven by private-market markups in SpaceX/xAI and resilient consumer spending, while actively recycling cash out of Duolingo into attractively valued secular growth compounders.
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Baron Focused Growth Fund posted a dominant 12.34% return in Q4 2025, driven by private-market markups in SpaceX/xAI and resilient consumer spending, while actively recycling cash out of Duolingo into attractively valued secular growth compounders.
