Here’s Why Baron Small Cap Trimmed its Trade Desk (TTD) Position
Baron Funds, an asset management firm, published its “Baron Small Cap Fund” first quarter 2021 investor letter – a copy of which can be downloaded here. A return of 2.67% was delivered by the fund’s institutional shares for the Q1 of 2021, trailing the S&P 500 Index, which appreciated 6.17%, and modestly underperforming the Russell 2000 Growth Index which rose 4.88% for the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Baron Small Cap Fund, in its Q1 2021 investor letter, mentioned The Trade Desk, Inc. (NASDAQ: TTD), and shared their insights on the company. The Trade Desk, Inc. is a California-based software company that currently has a $24.6 billion market capitalization. Since the beginning of the year, TTD delivered a -35.39% return, while its 12-month gains are up by 72.49%. As of May 14, 2021, the stock closed at $517.49 per share.
Baron Small Cap Fund’s Q1 2021 Investor Letter
Baron Funds, an asset management firm, published its “Baron Small Cap Fund” first quarter 2021 investor letter – a copy of which can be downloaded here. A return of 2.67% was delivered by the fund’s institutional shares for the Q1 of 2021, trailing the S&P 500 Index, which appreciated 6.17%, and modestly underperforming the Russell 2000 Growth Index which rose 4.88% for the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Published on May 17, 2021 at 11:53 am by Inan Dogan, PhD
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Is ASGN Incorporated (ASGN) A Good Investment Choice?
Baron Funds, an asset management firm, published its “Baron Small Cap Fund” first quarter 2021 investor letter – a copy of which can be downloaded here. A return of 2.67% was delivered by the fund’s institutional shares for the Q1 of 2021, trailing the S&P 500 Index, which appreciated 6.17%, and modestly underperforming the Russell 2000 Growth Index which rose 4.88% for the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Baron Small Cap Fund, in its Q1 2021 investor letter, mentioned ASGN Incorporated (NYSE: ASGN), and shared their insights on the company. ASGN Incorporated is a Glen Allen, Virginia-based IT and professional service provider that currently has a $5.4 billion market capitalization. Since the beginning of the year, ASGN delivered a 23.07% return, extending its 12-month gains to 96.86%. As of May 14, 2021, the stock closed at $102.80 per share.
Here’s Why Mercury Systems (MRCY) Became One of Baron Funds’ Top Detractors
Baron Funds, an asset management firm, published its “Baron Small Cap Fund” first quarter 2021 investor letter – a copy of which can be downloaded here. A return of 2.67% was delivered by the fund’s institutional shares for the Q1 of 2021, trailing the S&P 500 Index, which appreciated 6.17%, and modestly underperforming the Russell 2000 Growth Index which rose 4.88% for the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Baron Small Cap Fund, in its Q1 2021 investor letter, mentioned Mercury Systems, Inc. (NASDAQ: MRCY), and shared their insights on the company. Mercury Systems, Inc. is a Andover, Massachusetts-based aerospace and defense company that currently has a $3.5 billion market capitalization. Since the beginning of the year, MRCY delivered a -27.63% return, while its 12-month returns are down by -21.92%. As of May 14, 2021, the stock clo
Is Driven Brands Holdings (DRVN) A Smart Long-Term Buy?
Baron Funds, an asset management firm, published its “Baron Small Cap Fund” first quarter 2021 investor letter – a copy of which can be downloaded here. A return of 2.67% was delivered by the fund’s institutional shares for the Q1 of 2021, trailing the S&P 500 Index, which appreciated 6.17%, and modestly underperforming the Russell 2000 Growth Index which rose 4.88% for the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Baron Small Cap Fund, in its Q1 2021 investor letter, mentioned Driven Brands Holdings Inc. (NASDAQ: DRVN), and shared their insights on the company. Driven Brands Holdings Inc. is a Charlotte, North Carolina-based automotive repair center that currently has a $4.7 billion market capitalization. Since the beginning of the year, DRVN delivered a 71.00% return, and as of May 14, 2021, the stock closed at $28.13 per share.