Baron
Baron Partners Fund
Large-cap
Dec 2024 → Mar 2026
Our archive holds 4 letters from this strategy, behind 7 investment theses and positions in 5 companies. Every quote below is copied verbatim from the letter it came from.
4 letters in 3 years — follow all of Baron for every strategy.
Its investment theses
- CoStar Group, Inc.Mar 2026CoStar is a real estate information platform with recurring revenue, differentiated data assets, and long-term growth opportunities.
- Gartner, Inc.Mar 2026Gartner is a syndicated research company with proprietary data, competitive advantages, and AI-enabled upside despite near-term pressure.
- FactSet Research Systems Inc.Mar 2026FactSet is a financial data and workflow provider with sticky customers, strong free cash flow, and AI-enabled product opportunities.
- FactSet Research Systems Inc.Dec 2025FactSet Research Systems Inc. is a leading financial data and software provider with sticky customers, a large TAM, strong cash generation, and a capable new CEO focused on accelerating growth and AI-enhanced product development.
- Gartner, Inc.Dec 2025Gartner, Inc. is a syndicated research leader with proprietary data and tangible ROI that should benefit from AI as an accelerant and a recovery in public sector demand while buybacks exploit discounted valuation.
- The Charles Schwab CorporationDec 2025The Charles Schwab Corporation is a dominant retail brokerage improving funding costs and leveraging TD Ameritrade migration to resume double-digit earnings growth.
- Spotify Technology S.A.Dec 2025Spotify Technology S.A. is a leading music streaming platform with sticky users, improving margins from marketplaces, podcasts and ads, ongoing innovation, and a path to 1B+ MAUs.