Baron
Baron FinTech Fund
Technology
Sep 2025 → Sep 2025
Our archive holds 1 letter from this strategy, behind 1 investment thesis and positions in 19 companies. Every quote below is copied verbatim from the letter it came from.
1 letter in a year · follow all of Baron for every strategy.
What it bought and sold
We trimmed LPL Financial Holdings Inc., Interactive Brokers Group, Inc., and Guidewire Software, Inc. following strong recent performance to manage the position sizes and fund purchases elsewhere.
We trimmed The Progressive Corporation and Arch Capital Group Ltd. to limit our insurance industry exposure in a softening market cycle.
We eliminated our small remaining Digital IT Services positions (Accenture plc, Globant S.A., and CI&T, Inc.) due to slow growth and longer-term concerns about the impact of generative AI on the consulting and outsourced software development industry.
We trimmed The Progressive Corporation and Arch Capital Group Ltd. to limit our insurance industry exposure in a softening market cycle.
During the quarter, we invested in Capital One Financial Corporation, a leading credit card issuer.
We trimmed LPL Financial Holdings Inc., Interactive Brokers Group, Inc., and Guidewire Software, Inc. following strong recent performance to manage the position sizes and fund purchases elsewhere.
We eliminated our small remaining Digital IT Services positions (Accenture plc, Globant S.A., and CI&T, Inc.) due to slow growth and longer-term concerns about the impact of generative AI on the consulting and outsourced software development industry.
We trimmed LPL Financial Holdings Inc., Interactive Brokers Group, Inc., and Guidewire Software, Inc. following strong recent performance to manage the position sizes and fund purchases elsewhere.
We eliminated our small remaining Digital IT Services positions (Accenture plc, Globant S.A., and CI&T, Inc.) due to slow growth and longer-term concerns about the impact of generative AI on the consulting and outsourced software development industry.