The top five holdings of this long-term fund are: Tesla Inc (TSLA, 35.96% of assets); CoStar Group Inc (CSGP, 16.13%); IDEXX Laboratories Inc (IDXX, 8.15%); FactSet Research Systems Inc (FDS, 6.96%); and Arch Capital Group Ltd (ACGL, 5.81%).
Baron Partners Fund Retail Shares (BPTRX)
From Forecasts & Strategies
Baron Partners Fund has a heavy position in Tesla (TSLA). Ron Baron released his quarterly report, noting that Tesla, which represents 35% of the Baron Partners Fund, “demonstrated its new China factory could produce vehicles at lower costs than at old facilities. It has also manufactured at higher volumes than predicted to meet unprecedented foreign demand.”
Ron Baron also reported that the Baron Partners Fund has been the ninth-top-performing U.S. equity mutual fund out of 2,325 since its conversion to a mutual fund in 2003. It is beating the market this year.
Mark Skousen, Forecasts & Strategies, markskousen.com, Eagle Financial, 300 New Jersey
Ave. NW, Suite 500, Washington, D.C. 20001, August 3, 2020