What smart money is saying about Birkenstock Holding
4 funds in our archive have pitched Birkenstock Holding — most recently Harris Associates International Small Cap Strategy in June 2026.
Birkenstock Holding plc specializes in the creation and distribution of various foot-related products. While renowned for its extensive collection of footwear, which includes sandals, shoes, and closed-toe designs, the company also expands its offerings to encompass skincare items and accessories. These products are made available to customers through a diverse range of channels, including its own online retail platforms, a network of company-owned physical stores, and wholesale partnerships with other businesses. The company maintains a broad international footprint, conducting operations in significant markets such as the United States, Brazil, Canada, Mexico, Europe, and the APMA (Asia Pacific, Middle East, Africa) region. Established in 1774, Birkenstock Holding plc is headquartered in London, United Kingdom, and functions as a subsidiary of BK LC Lux MidCo S.à r.l.
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Position history
Between Q2 2025 and Q2 2026, 7 fund letters reported a position in Birkenstock Holding — 1 opened or added to the position, 2 trimmed or exited.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q2 2026 | 7 | 1 | 2 | 2 |
| Q3 2025 | 0 | 0 | 0 | 1 |
| Q2 2025 | 0 | 0 | 0 | 1 |
Fund activity · 7 positions · 3 moves
- ExitedBaron Discovery FundJune 2026
“While we remain long-term believers in the brand, we exited our position in Birkenstock Holding plc in order to raise capital for new ideas that we felt had higher return potential.”
Birkenstock Holding - June 2026
Listed in Baron First Principles ETF’s reported holdings.
Birkenstock Holding - June 2026
“As a result, this past quarter we began to see companies allocating capital towards accelerated share repurchases such as at Verisk Analytics, Inc. and Birkenstock Holding plc with others accelerating their public market quarterly share repurchases such as at Las Vegas Sands Corporation , Gartner, Inc. , FactSet Research Systems Inc. , Morningstar, Inc. , and Arch Capital Group Ltd . When we see these purchases, it gives us further confidence in our investment theses for these growth businesses and reinforces our belief that valuations remain attractive. As a result, during the quarter we increased our positions in many of these stocks.”
Birkenstock Holding - HoldsBaron Partners FundJune 2026
Listed in Baron Partners Fund’s reported holdings.
Birkenstock Holding - ExitedBaron Discovery StrategyJune 2026
“While we remain long-term believers in the brand, we exited our position in Birkenstock Holding plc in order to raise capital for new ideas that we felt had higher return potential.”
Birkenstock Holding - HoldsBaron Partners FundJune 2026
Listed in Baron Partners Fund’s reported holdings.
Birkenstock Holding - HoldsBaron CapitalJune 2026
Listed in Baron Capital’s reported holdings.
Birkenstock Holding
Fund coverage · 4 theses
Birkenstock is a premium footwear brand with structural barriers, vertical integration, and durable growth and margin potential.
Read the full thesis- Platinium AM Platinum TrustJune 2026
Birkenstock is a heritage footwear brand with strong margins, high returns on capital, capable management and brand-led growth.
Read the full thesis - Baron Discovery FundSeptember 2025
Birkenstock is a globally recognized footwear brand with a rich history, experiencing significant growth and profitability under new management since 2009, and poised for continued expansion in revenue and geographic reach.
Read the full thesis - Artisan US Small Cap Growth StrategyJune 2025
Birkenstock is a heritage footwear brand with a hybrid distribution model and supply-constrained strategy that supports sustainable growth, positioning it well for long-term revenue expansion despite recent market challenges.
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