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Baron Opportunity Fund Sold Its Stake in Apple (AAPL)

Baron Funds, an investment management company, released its “Baron Opportunity Fund” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the second quarter, the fund posted solid returns, rising 23.27% (Institutional Shares), exceeding the Russell 3000 Growth Index’s (the Benchmark) 17.55% gain and the S&P 500 Index’s 10.94% gain. The Fund appreciated 8.52% for the first half, compared to 5.80% and 6.20% returns for the indexes. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2025.

In its second-quarter 2025...