Here’s How Apple (AAPL) Impacted Baron Opportunity Fund’s Performance

13 hours ago 1

Soumya Eswaran

Thu, November 20, 2025 astatine 8:19 AM CST 3 min read

Baron Funds, an concern absorption company, released its “Baron Opportunity Fund” third-quarter 2025 capitalist letter. A transcript of the missive tin beryllium downloaded here. The money posted affirmative results successful the 3rd quarter, returning 5.44% (Institutional Shares), but lagged down the Russell 3000 Growth Index’s (the Benchmark) 10.41% summation and the S&P 500 Index’s 8.12% return. The magnificent 7 were the important contributors to the show of the benchmark successful the 2nd consecutive quarter. The comparative underperformance was owed to circumstantial stocks, caused by a premix of disappointing results from definite holdings successful the portfolio and the beardown show of mega-cap stocks that the money did not have. Moreover, the missive included a elaborate update connected AI. In addition, you tin cheque the fund’s apical 5 holdings to find its champion picks for 2025.

In its third-quarter 2025 capitalist letter, Baron Opportunity Fund highlighted stocks specified arsenic Apple Inc. (NASDAQ:AAPL). Apple Inc. (NASDAQ:AAPL) is an American multinational institution that designs, manufactures, and markets smartphones, idiosyncratic computers, tablets, wearables, and accessories. The one-month instrumentality of Apple Inc. (NASDAQ:AAPL) was 3.46%, and its shares gained 17.52% of their worth implicit the past 52 weeks. On November 19, 2025, Apple Inc. (NASDAQ:AAPL) banal closed astatine $268.56 per share, with a marketplace capitalization of $3.986 trillion.

Baron Opportunity Fund stated the pursuing regarding Apple Inc. (NASDAQ:AAPL) successful its 3rd 4th 2025 capitalist letter:

"The Fund’s non-ownership of Apple Inc. (NASDAQ:AAPL), which remained a Magnificent Seven laggard connected a year-to-date ground but rebounded sharply during the quarter, accounted for 43% of our IT assemblage underperformance.

Apple Inc. (NASDAQ:AAPL) is successful 8th presumption connected our database of 30 Most Popular Stocks Among Hedge Funds. As per our database, 156 hedge money portfolios held Apple Inc. (NASDAQ:AAPL) astatine the extremity of the 2nd quarter, which was 159 successful the erstwhile quarter. Apple Inc. (NASDAQ:AAPL) reported revenue of $102.5 cardinal successful the September quarter, reflecting an 8% year-over-year increase. While we admit the imaginable of Apple Inc. (NASDAQ:AAPL) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.