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Baron Focused Growth Fund's investment thesis on Hyatt Hotels Corporation ($H) — Q4 2025 | Buyside Digest

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$HNYSEHyatt Hotels Corporation

BULL

Baron Focused Growth Fund—H

Fund Letter

Q4 2025

Published December 31, 2025

View Fund Profile

$179.30USD

+8.1% vs last month

$165.57Pitched

+8.3% since pitch

Market Cap$16.9B

P/E (TTM)N/A

52-Wk RangeN/A

Div. YieldN/A

Technical Chart

From the Fund Letter

Baron Focused Growth Fund closed out 2025 strongly, reporting a Q4 gain of 12.34% (Institutional Shares) and a full-year return of 22.26%. Performance was anchored...

— David Baron, Ron Baron

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