Baron
Baron Global Durable Advantage ETF
Jun 2026 → Jun 2026
Our archive holds 2 letters from this strategy, behind 6 investment theses and positions in 18 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.
Performance
as of Jun 30, 2026 · net of fees · USD
- YTD+4.5%index +11.3%
- Inception · /yr+12.4%index +22.0%
Index: MSCI ACWI Index
| YTD | Since inceptionper year | |
|---|---|---|
| Baron Global Durable Advantage ETF | +4.5% | +12.4% |
| MSCI ACWI Index | +11.3% | +22.0% |
Since inception: Since Inception (7/31/2025)
Disclaimer
These figures are copied from the manager’s latest letter, as of Jun 30, 2026. They were extracted automatically, have not been verified by HF Best Ideas and may contain errors. They cover a single share class, in the currency and fee basis stated above; other share classes and your own returns will differ. This is not investment advice, nor an offer to buy or sell any fund. Past performance does not predict future returns.
Read full disclosures →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.
- New positionINNIO N.V.Jun 2026
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.
- ExitedIndutrade ABJun 2026
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.
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.