Baron Focused Growth Fund Inst Shs
BFGIX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- New York, NY 10153 New York NY United States of America 10153
- IPO Date
- May 29, 2009
- CIK
- 0001217673
- Website
- baroncapitalgroup.com
- Similar Companies
- Business
- Baron Focused Growth Fund Institutional Shares (BFGIX) is a small- to mid-cap growth mutual fund managed by Baron Capital Group, Inc. that seeks long-term capital appreciation by investing primarily in equity securities of U.S. small- and mid-sized companies exhibiting significant growth potential; the fund maintains a non-diversified, concentrated portfolio typically comprising 20 to 30 holdings, with a substantial portion allocated to its top 10 positions across sectors such as consumer discretionary, financials, industrials, and communication services. Core holdings as of late 2025 include Space Exploration Technologies Corp. (11.4%), Tesla, Inc. (9.1%), IDEXX Laboratories, Inc. (6.2%), Spotify Technology S.A. (5.4%), Interactive Brokers Group, Inc. (4.8%), On Holding AG (4.7%), MSCI Inc. (4.4%), Hyatt Hotels Corporation (4.4%), X.AI Holdings Corp. (4.4%), and Guidewire Software, Inc. (4.1%), selected based on proprietary research emphasizing competitively advantaged businesses with large market opportunities, market share gains, and exceptional management teams. The fund offers institutional shares with a CUSIP of 06828M504, features low turnover (6.90% three-year average), high active share (98.1%), and has delivered strong historical performance, including annualized returns of 19.91% over three years and 20.30% over ten years as of September 30, 2025, outperforming the Russell 2500 Growth Index. Managed by portfolio managers including Ronald S. Baron since the fund's inception on May 31, 1996, BFGIX operates from Baron Capital Group's headquarters in New York, with net assets of approximately $2.81 billion as of September 30, 2025; the firm, founded in 1982, specializes in growth equity strategies for institutions, financial advisors, and individual investors globally, recently expanding its footprint with a new office in Dubai. In December 2025, Baron Capital rolled out five new actively managed ETFs—Baron First ETF (B), Durable ETF (GD), ID Cap (BC), Barons ETF (BCFN), and Baron Technology ETF (BCTK)—replicating its proven mutual fund methodologies and marking a strategic shift into the ETF market amid rising interest in active management. SpaceX has emerged as Baron Capital's largest overall investment, surpassing Tesla with about $10 billion committed, underscoring the firm's continued emphasis on high-conviction growth names like those in BFGIX. The fund targets growth-oriented investors seeking exposure to innovative U.S. companies, with geographic focus on domestic markets complemented by select international holdings.