LongACGLJun 2026
Arch Capital Group Ltd.
The Fund believes the current softening of the property and casualty insurance market is a temporary part of the normal insurance cycle rather than a structural problem for Arch…
Baron Generational Growth Fund
Long-term small-cap growth strategy investing in competitively advantaged businesses with large addressable markets, recurring revenue, strong cash generation, and high-quality management teams, while continuing to hold successful investments as they grow into larger companies.$2.1B AUM11 published ideas
Baron Generational Growth Fund is managed by Baron Capital portfolio managers Ron Baron and Neal Rosenberg. The strategy emphasizes multigenerational wealth creation through long holding periods in businesses with durable competitive advantages, large growth opportunities, strong financial characteristics, and management teams focused on long-term value creation. Founder-led businesses and companies where founding families remain significant shareholders are an important part of the portfolio.
Ideas from Baron Generational Growth Fund
LongMSCIJun 2026
MSCI Inc.
MSCI is among the portfolio holdings whose valuation has been pressured by concerns that AI could disrupt information-service businesses. The Fund believes the magnitude of the…
LongKNSLJun 2026
Kinsale Capital Group, Inc.
The Fund believes weakness in Kinsale's valuation primarily reflects a temporary softening in the property and casualty insurance cycle. Even as pricing in certain insurance…
LongRRRJun 2026
Red Rock Resorts, Inc.
The Fund believes Red Rock Resorts remains attractively valued relative to the long-term potential of its Las Vegas locals casino business. Construction-related disruption has…
LongCHHJun 2026
Choice Hotels International, Inc.
The Fund believes Choice Hotels offers an attractive combination of improving fundamentals and a historically depressed valuation. Revenue per available room accelerated during…
LongPRIJun 2026
Primerica, Inc.
The Fund continues to own Primerica because it expects the company's earnings growth to persist. Rising equity markets are supporting investment product sales and asset-based…
LongFIGSJun 2026
FIGS, Inc.
The Fund believes FIGS can continue gaining share in the global health-care apparel market despite significant recent stock-price weakness. The company reported strong…
LongITJun 2026
Gartner, Inc.
The Fund believes Gartner's stock-price weakness reflects excessive investor fear that AI will disrupt syndicated research and information services rather than evidence of…
LongGWREJun 2026
Guidewire Software, Inc.
The Fund views Guidewire's recent weakness as largely the result of deal timing rather than deterioration in its business. Several deals slipped from the fiscal third quarter…
LongFDSJun 2026
FactSet Research Systems Inc.
FactSet is part of a group of portfolio companies whose valuations have compressed sharply because investors fear AI could disrupt established information and software…
LongMORNJun 2026
Morningstar, Inc.
Morningstar is included among the Fund's information-service holdings that have experienced severe valuation compression because of investor concerns about AI. The Fund believes…
Letters covered
- Baron Generational Growth Fund Quarterly LetterJune 30, 2026
Source PDFs are not republished here; only extracted ideas and quotes.