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Baron Focused Growth Fund's investment thesis on Birkenstock Holding plc ($BIRK) — Q2 2026 | Buyside Digest

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$BIRKNASDAQBirkenstock Holding plc

NEUTRAL

Baron Focused Growth Fund—BIRK

Fund Letter

Q2 2026

Published August 11, 2026

View Fund Profile

$37.11USD

+9.1% vs last month

$39.35Pitched

-5.7% since pitch

Market Cap$6.8B

P/E (TTM)N/A

52-Wk RangeN/A

Div. YieldN/A

Technical Chart

From the Fund Letter

Baron Focused Growth Fund gained 13.26% in Q2 2026 versus 24.02% for the Russell 2500 Growth Index, with underperformance driven by AI-related concerns impacting software holdings and underexposure to AI infrastructure beneficiaries. The quarter's standout...

— David Baron, Ron Baron

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