Latest news with #Russell2500GrowthIndex
Yahoo
08-05-2025
- Business
- Yahoo
What Makes CoStar Group (CSGP) Baron Focused Growth Fund's Core Growth Investments?
Baron Funds, an investment management firm, released its 'Focused Growth Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. Q1 was a difficult start to the year. The fund declined 7.95% (Institutional Shares) in the quarter, compared to the Russell 2500 Growth Index's (the Benchmark) 10.80% return. Please spare some time to check the fund's top 5 holdings to know more about their top bets for 2025. In its first-quarter 2025 investor letter, Baron Focused Growth Fund highlighted stocks such as CoStar Group, Inc. (NASDAQ:CSGP). CoStar Group, Inc. (NASDAQ:CSGP) is an information, analytics, and online marketplace services provider for commercial and residential property markets. The one-month return of CoStar Group, Inc. (NASDAQ:CSGP) was -0.11%, and its shares lost 17.52% of their value over the last 52 weeks. On May 7, 2025, CoStar Group, Inc. (NASDAQ:CSGP) stock closed at $75.34 per share with a market capitalization of $31.785 billion. Baron Focused Growth Fund stated the following regarding CoStar Group, Inc. (NASDAQ:CSGP) in its Q1 2025 investor letter: "Core Growth investments, steady growers that continually invest in their businesses for growth and return excess free-cash-flow to shareholders, represented 21.9% of net assets. An example would be CoStar Group, Inc. (NASDAQ:CSGP), a marketing and data analytics provider to the real estate industry. The company continues to add new services in commercial and residential real estate, which have grown its addressable market and enhanced services for its clients. This has improved client retention and cash flow. CoStar continues to invest its cash flow in its business to accelerate growth, which we believe should generate strong returns over time." Copyright: oscity / 123RF Stock Photo CoStar Group, Inc. (NASDAQ:CSGP) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 56 hedge fund portfolios held CoStar Group, Inc. (NASDAQ:CSGP) at the end of the fourth quarter which was 43 in the previous quarter. In the first quarter of 2025, CoStar Group, Inc. (NASDAQ:CSGP) reported revenue of $732 million, reflecting a 12% increase from Q1 2024. While we acknowledge the potential of CoStar Group, Inc. (NASDAQ:CSGP) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. In another article, we covered CoStar Group, Inc. (NASDAQ:CSGP) and shared Third Point Management's views on the company. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
08-05-2025
- Business
- Yahoo
Here's Why Baron Focused Growth Fund Invested in IDEXX Laboratories (IDXX)
Baron Funds, an investment management firm, released its 'Focused Growth Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. Q1 was a difficult start to the year. The fund declined 7.95% (Institutional Shares) in the quarter, compared to the Russell 2500 Growth Index's (the Benchmark) 10.80% return. Please spare some time to check the fund's top 5 holdings to know more about their top bets for 2025. In its first-quarter 2025 investor letter, Baron Focused Growth Fund highlighted stocks such as IDEXX Laboratories, Inc. (NASDAQ:IDXX). IDEXX Laboratories, Inc. (NASDAQ:IDXX) develops, manufactures, and distributes products primarily for the companion animal veterinary, livestock and poultry, dairy, and water testing markets. The one-month return of IDEXX Laboratories, Inc. (NASDAQ:IDXX) was 27.44%, and its shares lost 2.84% of their value over the last 52 weeks. On May 7, 2025, IDEXX Laboratories, Inc. (NASDAQ:IDXX) stock closed at $486.61 per share with a market capitalization of $39.134 billion. Baron Focused Growth Fund stated the following regarding IDEXX Laboratories, Inc. (NASDAQ:IDXX) in its Q1 2025 investor letter: "The performance of many stocks in the Health Care sector can change quickly due to exogenous events or binary outcomes (e.g., biotechnology and pharmaceuticals). As a result, we do not invest a large amount in these stocks in this focused portfolio. In Health Care, we invest in competitively advantaged companies that are leaders in their industries such as IDEXX Laboratories, Inc. (NASDAQ:IDXX), the leading provider of diagnostics to the veterinary industry and who is benefiting from the increase in pets that people acquired during the COVID pandemic, especially as these pets age. The Fund is further diversified by investments in businesses at different stages of growth and development." A veterinarian in a veterinary clinic examining a companion animal. IDEXX Laboratories, Inc. (NASDAQ:IDXX) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 58 hedge fund portfolios held IDEXX Laboratories, Inc. (NASDAQ:IDXX) at the end of the fourth quarter which was 42 in the previous quarter. In the first quarter of 2025, IDEXX Laboratories, Inc. (NASDAQ:IDXX) reported organic revenue growth of 5% driven by 4.5% organic revenue gains in the CAG business, 7% organic growth in water, and 4% organic growth in LPD. While we acknowledge the potential of IDEXX Laboratories, Inc. (NASDAQ:IDXX) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. In another article, we covered IDEXX Laboratories, Inc. (NASDAQ:IDXX) and shared TimesSquare Capital Management U.S. Focus Growth Strategy's views on the company in the previous quarter. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
08-05-2025
- Business
- Yahoo
Krispy Kreme (DNUT) Declined Following Softer-Than-Expected Results
Baron Funds, an investment management firm, released its 'Focused Growth Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. Q1 was a difficult start to the year. The fund declined 7.95% (Institutional Shares) in the quarter, compared to the Russell 2500 Growth Index's (the Benchmark) 10.80% return. Please spare some time to check the fund's top 5 holdings to know more about their top bets for 2025. In its first-quarter 2025 investor letter, Baron Focused Growth Fund highlighted stocks such as Krispy Kreme, Inc. (NASDAQ:DNUT). Krispy Kreme, Inc. (NASDAQ:DNUT) is a doughnut company based in Charlotte, North Carolina. The one-month return of Krispy Kreme, Inc. (NASDAQ:DNUT) was 0.93%, and its shares lost 66.54% of their value over the last 52 weeks. On May 7, 2025, Krispy Kreme, Inc. (NASDAQ:DNUT) stock closed at $4.33 per share with a market capitalization of $738.95 million. Baron Focused Growth Fund stated the following regarding Krispy Kreme, Inc. (NASDAQ:DNUT) in its Q1 2025 investor letter: "Shares of Krispy Kreme, Inc. (NASDAQ:DNUT) traded down following softer-than-expected quarterly earnings as a result of a cybersecurity incident that disrupted its online ordering system, a decline in U.S. retail sales, and weak international EBITDA margins due to disappointing performance in the U.K. 2025 guidance also missed expectations. We remain investors. Management is taking a conservative approach as it continues the national rollout with McDonald's, which will significantly increase Krispy Kreme's points of distribution and provide additional consumer awareness for the brand throughout the U.S." An employee of the grocery store happily decorating doughnuts with colorful icing. Krispy Kreme, Inc. (NASDAQ:DNUT) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 14 hedge fund portfolios held Krispy Kreme, Inc. (NASDAQ:DNUT) at the end of the fourth quarter, compared to 15 in the third quarter. While we acknowledge the potential of Krispy Kreme, Inc. (NASDAQ:DNUT) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. In another article, we covered Krispy Kreme, Inc. (NASDAQ:DNUT) and shared the list of stocks on Jim Cramer's Radar. The Q4 2024 letter from White Brook Capital Partners discussed on Krispy Kreme, Inc.'s (NASDAQ:DNUT) promising partnership with McDonald's and the impacts of the cyberattack on its online sales. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
08-05-2025
- Business
- Yahoo
What Makes Guidewire Software (GWRE) a Lucrative Investment?
Baron Funds, an investment management firm, released its 'Focused Growth Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. Q1 was a difficult start to the year. The fund declined 7.95% (Institutional Shares) in the quarter, compared to the Russell 2500 Growth Index's (the Benchmark) 10.80% return. Please spare some time to check the fund's top 5 holdings to know more about their top bets for 2025. In its first-quarter 2025 investor letter, Baron Focused Growth Fund highlighted stocks such as Guidewire Software, Inc. (NYSE:GWRE). Guidewire Software, Inc. (NYSE:GWRE) offers a platform for property and casualty (P&C) insurance companies. The one-month return of Guidewire Software, Inc. (NYSE:GWRE) was 13.63%, and its shares gained 82.07% of their value over the last 52 weeks. On May 7, 2025, Guidewire Software, Inc. (NYSE:GWRE) stock closed at $213.15 per share with a market capitalization of $17.88 billion. Baron Focused Growth Fund stated the following regarding Guidewire Software, Inc. (NYSE:GWRE) in its Q1 2025 investor letter: "Shares of property and casualty (P&C) insurance software vendor Guidewire Software, Inc. (NYSE:GWRE) contributed to performance in the quarter. After a multi-year period, we believe Guidewire's cloud transition is substantially over, and cloud will be the sole path forward, with annual recurring revenue (ARR) benefiting from new customer wins and migrations of the existing customer base to InsuranceSuite Cloud. We also expect the company to shift R&D resources to product development from infrastructure investment, which will help drive cross-sales into its sticky installed base and potentially accelerate ARR over time. We are also encouraged by Guidewire's subscription-based gross margin expansion, which improved by more than 1,000 basis points in its most recently reported quarter. We believe Guidewire will be the critical software vendor for the global P&C insurance industry, capturing 30% to 50% of its $15 billion to $30 billion total addressable market and generating margins above 40%." An insurance adjuster reviewing images and paperwork to process a claim. Guidewire Software, Inc. (NYSE:GWRE) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 60 hedge fund portfolios held Guidewire Software, Inc. (NYSE:GWRE) at the end of the fourth quarter which was 51 in the previous quarter. Guidewire Software, Inc. (NYSE:GWRE) generated revenue of $289 million in the second quarter of fiscal 2025, marking a 20% increase from last year's comparable quarter. While we acknowledge the potential of Guidewire Software, Inc. (NYSE:GWRE) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. In another article, we covered Guidewire Software, Inc. (NYSE:GWRE) and shared Alger Small Cap Focus Fund's views on the company. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
08-05-2025
- Business
- Yahoo
Hyatt Hotels Corporation (H) Fell Due to Uncertain Macroeconomic Environment
Baron Funds, an investment management firm, released its 'Focused Growth Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. Q1 was a difficult start to the year. The fund declined 7.95% (Institutional Shares) in the quarter, compared to the Russell 2500 Growth Index's (the Benchmark) 10.80% return. Please spare some time to check the fund's top 5 holdings to know more about their top bets for 2025. In its first-quarter 2025 investor letter, Baron Focused Growth Fund highlighted stocks such as Hyatt Hotels Corporation (NYSE:H). Hyatt Hotels Corporation (NYSE:H) is a hospitality company headquartered in Chicago, Illinois. The one-month return of Hyatt Hotels Corporation (NYSE:H) was -10.45%, and its shares lost 18.66% of their value over the last 52 weeks. On May 7, 2025, Hyatt Hotels Corporation (NYSE:H) stock closed at $123.85 per share with a market capitalization of $11.822 billion. Baron Focused Growth Fund stated the following regarding Hyatt Hotels Corporation (NYSE:H) in its Q1 2025 investor letter: "Shares of global hotelier Hyatt Hotels Corporation (NYSE:H) detracted as Trump's tariff policies generated heightened uncertainty around the macroeconomic environment. While the volatility during the first quarter is a concern, we believe it will be short term. Business fundamentals were strong, with solid forward bookings numbers as the business transient segment continued its post-pandemic recovery and the group business segment paced up by mid-single-digits. We expect double-digit EBITDA growth in 2025. The company has a strong balance sheet. The planned acquisition of Playa Hotels should be accretive to earnings, especially after Hyatt sells the underlying real estate properties. Once the sale is complete, over 90% of revenue will be fee-based, which should help close Hyatt's multiple discount to peers." A large hotel room with touches of luxury and hospitality in every corner. Hyatt Hotels Corporation (NYSE:H) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 35 hedge fund portfolios held Hyatt Hotels Corporation (NYSE:H) at the end of the fourth quarter compared to 22 in the third quarter. While we acknowledge the potential of Hyatt Hotels Corporation (NYSE:H) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. In another article, we covered Hyatt Hotels Corporation (NYSE:H) and shared Nightview Capital's views on the company. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
