Baron Capital, an investment management company, released its Q4 2025 letter for its “Baron Global Opportunity Fund”. A copy of the letter can be downloaded here. Baron Global Opportunity Fund showcased a strong fourth quarter and an outstanding year. The Fund rose 6.5% (Institutional Shares) in Q4 compared to 3.3% return for the MSCI ACWI Index (the Index) and the 2.8% gain for the MSCI ACWI Growth Index, the Fund’s benchmarks. For 2025, the Fund was up 27.5%, exceeding 22.3% and 22.4% returns for benchmarks, respectively. For the Fund, the year has been defined by the challenges of de-globalization and the support from easing Federal Reserve policies, the beginnings of the AI investment cycle, and its investment in SpaceX. The Fund concluded the year with 42 investments, up from 38 the previous year, with 35 stocks accounting for 99.3% of its net assets. Please review the Fund’s top five holdings to gain insights into their key selections for 2025.
In its fourth-quarter 2025 investor letter, Baron Global Opportunity Fund highlighted stocks like CrowdStrike Holdings, Inc. (NASDAQ:CRWD). Headquartered in Austin, Texas, CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is a leading cybersecurity technology company. On March 04, 2026, CrowdStrike Holdings, Inc. (NASDAQ:CRWD) stock closed at $407.68 per share. One-month return of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) was 8.09%, and its shares gained 17.24% over the past 52 weeks. CrowdStrike Holdings, Inc. (NASDAQ:CRWD) has a market capitalization of $102.775 billion.
Baron Global Opportunity Fund stated the following regarding CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in its fourth quarter 2025 investor letter:
“CrowdStrike Holdings, Inc. (NASDAQ:CRWD) – A year and a half since the famous outage that grounded planes and impacted a broad array of the company’s customers, we can conclude that management has done an excellent job in the aftermath of the outage. The company is now seeing a reacceleration in net new annualized recurring revenues (ARR), which accelerated to 73% growth year-on-year in the third quarter driven by strong adoption of its new Flacon Flex offering, which enables customers to use multiple modules from CrowdStrike without having to go back to procurement. At the company’s 2025 Investor Day, Co-Founder and CEO George Kurtz described AI as “the best opportunity I’ve seen in my career.” And where CrowdStrike’s right to win comes from the large scale, real-time data it has with trillions of events seen globally.”
CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is not on our list of 40 Most Popular Stocks Among Hedge Funds. According to our database, 67 hedge fund portfolios held CrowdStrike Holdings, Inc. (NASDAQ:CRWD) at the end of the fourth quarter, up from 66 in the previous quarter. While we acknowledge the risk and potential of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CrowdStrike Holdings, Inc. (NASDAQ:CRWD) and that has 10,000% upside potential, check out our report about this cheapest AI stock.
In another article, we covered CrowdStrike Holdings, Inc. (NASDAQ:CRWD) and shared the list of stocks that could skyrocket in 2026. In addition, please check out our hedge fund investor letters Q4 2025 page for more investor letters from hedge funds and other leading investors.
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Disclosure: None. This article is originally published at Insider Monkey.
