Baron
Baron Global Durable Advantage ETF
Jun 2026 → Jun 2026
Our archive holds 2 letters from this strategy, behind 8 investment theses and positions in 16 companies. Every quote below is copied verbatim from the letter it came from.
2 letters in a year — follow all of Baron for every strategy.
What it bought and sold
Our largest additions included the following names: CME Group, TSMC, Amazon, NVIDIA, Alphabet, Visa, ASML, S&P Global, Stevanato Group, and Brookfield.
Our largest additions included the following names: CME Group, TSMC, Amazon, NVIDIA, Alphabet, Visa, ASML, S&P Global, Stevanato Group, and Brookfield.
Our largest additions included the following names: CME Group, TSMC, Amazon, NVIDIA, Alphabet, Visa, ASML, S&P Global, Stevanato Group, and Brookfield.
This quarter we purchased shares of INNIO N.V., a leading reciprocating engine OEM and service provider that owns the Jenbacher and Waukesha brands.
We also exited three investments – Indutrade, HDFC Bank, and Wix – reallocating to names in which we saw a more attractive risk-reward profile.
We also exited three investments – Indutrade, HDFC Bank, and Wix – reallocating to names in which we saw a more attractive risk-reward profile.
Our largest additions included the following names: CME Group, TSMC, Amazon, NVIDIA, Alphabet, Visa, ASML, S&P Global, Stevanato Group, and Brookfield.
We have therefore exited the position during the quarter, redeploying capital toward opportunities with clearer growth trajectories.
Our largest additions included the following names: CME Group, TSMC, Amazon, NVIDIA, Alphabet, Visa, ASML, S&P Global, Stevanato Group, and Brookfield.
Our largest additions included the following names: CME Group, TSMC, Amazon, NVIDIA, Alphabet, Visa, ASML, S&P Global, Stevanato Group, and Brookfield.
We took advantage of the stock’s sell-off post earnings to initiate a new position in Broadcom Inc., which designs and supplies semiconductor and infrastructure software solutions that sit at the core of modern computing and networking.
- AddedBrookfield CorporationJun 2026
Our largest additions included the following names: CME Group, TSMC, Amazon, NVIDIA, Alphabet, Visa, ASML, S&P Global, Stevanato Group, and Brookfield.
Our largest additions included the following names: CME Group, TSMC, Amazon, NVIDIA, Alphabet, Visa, ASML, S&P Global, Stevanato Group, and Brookfield.
Our largest additions included the following names: CME Group, TSMC, Amazon, NVIDIA, Alphabet, Visa, ASML, S&P Global, Stevanato Group, and Brookfield.
We also initiated a new position in the Korean giant and one of the leading memory, semiconductor manufacturing, smartphone and display providers, Samsung Electronics Co., Ltd.
Also held
Its investment theses
- Broadcom Inc.Jun 2026Broadcom supplies semiconductor and infrastructure software, with a strong AI custom-silicon moat and major hyperscaler relationships.
- Samsung Electronics Co., Ltd.Jun 2026Samsung Electronics is held for secular AI-driven memory demand, constrained supply, and valuation upside with foundry optionality.
- INNIO N.V.Jun 2026INNIO makes reciprocating engines and is positioned to benefit from AI-driven behind-the-meter power demand, strong backlog, and a long service tail.
- Alphabet Inc.Jun 2026Alphabet is a vertically integrated AI leader with strong cloud growth, a resilient search franchise, and durable competitive advantages.
- ASML Holding N.V.Jun 2026ASML makes lithography tools and is viewed as an indispensable enabler of leading-edge semiconductors and AI buildout.
- S&P Global Inc.Jun 2026S&P Global benefits from resilient fundamentals, potential AI-driven tailwinds, and an unusually depressed valuation relative to its historical premium.
- ASML Holding N.V.Jun 2026ASML is an indispensable enabler of advanced chip production and a key beneficiary of AI infrastructure spending.
- Samsung Electronics Co., Ltd.Jun 2026Samsung offers leveraged exposure to secular AI memory demand, constrained supply, improving industry dynamics, and optionality outside memory.