Baron Partners Fund
BPTUX
NASDAQ- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Baron Partners Fund (BPTUX) is a non-diversified, open-end mutual fund managed by Baron Capital Group, Inc., focusing on long-term capital appreciation through investments primarily in U.S. companies of any market capitalization exhibiting significant growth potential; the fund employs leverage and maintains a concentrated portfolio with a substantial percentage of assets in its top 10 holdings. Core holdings include Tesla, Inc. (electric vehicles, energy storage, robotics, and autonomous driving software); Space Exploration Technologies Corp. (reusable rockets, satellites, Starlink broadband); Arch Capital Group Ltd. (property/casualty insurance, reinsurance, mortgage insurance); Hyatt Hotels Corporation (global hospitality brands including Park Hyatt, Grand Hyatt, Hyatt Regency; fee-based and owned properties); CoStar Group, Inc. (commercial real estate information, Apartments.com multifamily listings, residential expansion); IDEXX Laboratories, Inc. (veterinary diagnostics via razor-blade model); The Charles Schwab Corporation (securities brokerage, financial services); MSCI Inc. (investment indexes, analytics); Gartner, Inc. (research/advisory for IT, HR, finance); and FactSet Research Systems Inc. (financial data, portfolio analytics). The fund targets large-cap growth sectors such as consumer discretionary (43.6%), industrials (18.4%), and financials (18.1%), with 93.57% in U.S. stocks, -15.21% cash (reflecting leverage), and net assets of approximately $8.12 billion as of September 30, 2025. Launched on January 31, 1992, with R6 shares introduced August 31, 2016, it is domiciled in the United States, available to U.S. investors (minimum initial investment $5 million), and managed from Baron Capital's headquarters in New York, New York, where the firm was founded in 1982. In recent developments, Baron Capital, the fund's adviser, launched five actively managed ETFs on December 15, 2025 (Baron First ETF, Baron Durable ETF, Baron Financials ETF, Baron SMID Cap ETF, Baron Technology ETF), extending its growth equity strategies into exchange-traded formats; SpaceX has become the firm's largest overall investment at about $10 billion, surpassing Tesla, with meaningful allocations across funds including Baron Partners; additionally, in Q3 2025, the fund executed a partial disposition of Tesla holdings via in-kind redemptions with investment banks to optimize portfolio construction without impacting share price or incurring costs.