Baron Technology Fund Institutional Shares (BTECX)
| Fund Assets | 83.57M |
| Expense Ratio | 0.95% |
| Min. Investment | $2,000 |
| Turnover | 36.00% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 14.94 |
| YTD Return | 11.45% |
| 1-Year Return | 29.67% |
| 5-Year Return | n/a |
| 52-Week Low | 9.87 |
| 52-Week High | 15.14 |
| Beta (5Y) | 1.35 |
| Holdings | 44 |
| Inception Date | n/a |
About BTECX
Baron Technology Fund Institutional Shares is an actively managed mutual fund focused on the technology sector. The fund aims primarily for capital appreciation by investing at least 80% of its net assets in equity securities of companies that are believed to possess durable growth potential driven by innovation and advancements in technology. It has a flexible mandate regarding company size, holding positions across the market capitalization spectrum, from large market leaders to emerging innovators. Notable characteristics include a high portfolio concentration in top holdings, with significant allocations to leading global technology firms such as NVIDIA, Microsoft, Apple, and Amazon, complemented by exposure to technology-related companies in other sectors, including consumer services and communication services. The fund is recognized for its actively managed, research-driven approach, seeking to benefit from both established trends and emerging opportunities in the global tech landscape. Since its inception in 2021, it has aimed to outperform standard technology benchmarks by combining core technology exposure with selective positions in adjacent or disruptive industries, underscoring its role as a growth-oriented strategy within investors’ diversified allocations.
Performance
BTECX had a total return of 29.67% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.15%.
Top 10 Holdings
56.14% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 10.29% |
| Amazon.com, Inc. | AMZN | 9.33% |
| Spotify Technology S.A. | SPOT | 7.46% |
| Broadcom Inc. | AVGO | 6.67% |
| Apple Inc. | AAPL | 5.45% |
| Microsoft Corporation | MSFT | 4.97% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 3.81% |
| Tesla, Inc. | TSLA | 2.82% |
| Duolingo, Inc. | DUOL | 2.78% |
| PAR Technology Corporation | PAR | 2.57% |