LongSPCXJun 2026
Space Exploration Technologies Corp.
SpaceX has evolved from a launch-focused company into a vertically integrated technology and infrastructure platform spanning launch, satellite broadband, mobile connectivity and…
Baron Opportunity Fund
All-cap growth investing in innovative businesses benefiting from powerful long-term secular trends such as AI, semiconductors, cloud computing, software, digital commerce, advanced therapeutics, robotics and space technology.$2.1B AUM10 published ideas
Baron Opportunity Fund is an all-cap growth fund managed with a focus on durable, innovation-driven secular growth. The portfolio emphasizes businesses that can compound rapidly as disruptive technologies reshape large markets, rather than attempting to trade short-term geopolitical or macroeconomic developments. At June 30, 2026, the Fund held 46 companies and its top 10 positions represented 63.1% of net assets.
Ideas from Baron Opportunity Fund
LongNVDAJun 2026
NVIDIA Corporation
NVIDIA remains the dominant full-stack provider of accelerated-computing infrastructure, combining GPUs, networking, systems and software. AI-related demand remains exceptionally…
LongMUJun 2026
Micron Technology, Inc.
Micron is benefiting from a structural AI bottleneck because inference performance increasingly depends on memory bandwidth and capacity as well as compute. The manager expects…
LongGOOGLJun 2026
Alphabet Inc.
Alphabet combines one of the world's strongest digital distribution networks with hyperscale cloud infrastructure, proprietary AI models and custom silicon. The fund's conviction…
LongCBRSJun 2026
Cerebras Systems Inc.
Cerebras has developed a differentiated wafer-scale architecture optimized for fast AI inference, an increasingly important workload as applications and agents chain together…
LongWELLJun 2026
Welltower Inc.
Welltower combines senior-housing real estate with a proprietary operating and data-analytics platform that the manager believes can structurally improve both margins and…
LongAVGOJun 2026
Broadcom Inc.
Broadcom is positioned at the center of the shift toward custom silicon for hyperscale AI infrastructure. Its long-term relationship with Alphabet through 2031 gives it an…
LongGDSJun 2026
GDS Holdings Limited
GDS develops and leases data-center capacity to major technology companies across Asia and is positioned to benefit from cloud adoption, data growth and increasing AI demand. The…
LongGWREJun 2026
Guidewire Software, Inc.
Guidewire's InsuranceSuite is a mission-critical system of record for property and casualty insurers, handling policies, claims, premiums and payments. Because insurance…
LongFRVOJun 2026
Fervo Energy Company
Fervo is a pioneer and market leader in enhanced geothermal systems, using techniques developed in oil and gas drilling to expand geothermal energy beyond traditional volcanic…
Letters covered
- Baron Opportunity Fund Quarterly LetterJune 30, 2026
Source PDFs are not republished here; only extracted ideas and quotes.