Baron Growth Fund’s Q3 2023 Investor Letter

Baron Funds, an investment management company, released its “Baron Growth Fund” third quarter 2023 investor letter. A copy of the same can be downloaded here. Interest rate hikes put pressure on the stocks in the quarter. In the third quarter, the fund declined 3.66% (Institutional Shares) compared to the primary benchmark the Russell 2000 Growth Index’s 7.32% decline and the S&P 500 Index’s 3.27% loss. In addition, please check the fund’s top five holdings to know its best picks in 2023.