Should You Hold Kinsale Capital Group (KNSL)?

Baron Funds, an investment management company, released its “Baron Small Cap Fund” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the third quarter of 2025, the fund was up 0.54% (Institutional Shares) compared to the Russell 2000 Growth Index’s (the Index) 12.19% return. Year to date, the Fund is up 0.91% compared to the index’s 11.65% return. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its third-quarter 2025 investor letter, Baron Small Cap Fund highlighted stocks such as Kinsale Capital Group, Inc. (NYSE:KNSL). Founded in 2009, Kinsale Capital Group, Inc. (NYSE:KNSL) is a property and casualty insurance company. The one-month return of Kinsale Capital Group, Inc. (NYSE:KNSL) was -17.48%, and its shares lost 12.31% of their value over the last 52 weeks. On November 6, 2025, Kinsale Capital Group, Inc. (NYSE:KNSL) stock closed at $393.10 per share, with a market capitalization of $9.145 billion.

Baron Small Cap Fund stated the following regarding Kinsale Capital Group, Inc. (NYSE:KNSL) in its third quarter 2025 investor letter:

“Shares of specialty insurer Kinsale Capital Group, Inc. (NYSE:KNSL) fell during the quarter amid concerns about moderating growth and a cyclical slowdown in the broader insurance industry. Nevertheless, Kinsale reported quarterly earnings that exceeded Street expectations, with 14% premium growth outside of large property policies, which face the most competition. Recent data from several state insurance commissioners also point to faster premium growth for the company in the third quarter. We continue to own the stock because we believe Kinsale is well managed, a differentiated industry leader, and has a long runway for growth in an attractive segment of the insurance market.”

Jim Cramer on Kinsale Capital Group, Inc. (KNSL) – “Very Good Group, Very Good Stock – I Would Own It”

Kinsale Capital Group, Inc. (NYSE:KNSL) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 31 hedge fund portfolios held Kinsale Capital Group, Inc. (NYSE:KNSL) at the end of the second quarter, compared to 33 in the previous quarter.  While we acknowledge the risk and potential of Kinsale Capital Group, Inc. (NYSE:KNSL) 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 Kinsale Capital Group, Inc. (NYSE:KNSL) and that has 10,000% upside potential, check out our report about this cheapest AI stock.

In another article, we covered Kinsale Capital Group, Inc. (NYSE:KNSL) and shared Giverny Capital Asset Management’s views on the company in the previous quarter. In addition, please check out our hedge fund investor letters Q3 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.