From Yahoo Finance: 2025-05-26 09:19:00

Baron Funds released its first-quarter 2025 investor letter for the Baron FinTech Fund. U.S. equities closed 5% lower in Q1 due to concerns about tariffs, inflation, and softer economic growth. The fund fell 1.31% in Q1 compared to benchmark indexes. Apollo Global Management, Inc. (NYSE:APO) is highlighted in the letter as a stock with a one-month return of -1.90% and a market capitalization of $74.79 billion.

In the investor letter, Baron FinTech Fund mentioned Apollo Global Management, Inc. (NYSE:APO) detracted in Q1 due to sentiment reversal on the economy and capital markets activity. Despite post-election gains last year, uncertainty and volatility affected the stock in Q1. The fund continues to own the stock for its focus on credit and strong management team.

Apollo Global Management, Inc. (NYSE:APO) is not among the 30 most popular stocks among hedge funds. While 85 hedge fund portfolios held APO at the end of Q1, down from 90 in the previous quarter, the focus remains on AI stocks for higher returns. Investors looking for promising AI stocks should explore opportunities that offer significant upside potential with lower valuation multiples.



Read more at Yahoo Finance: Apollo Global Management (APO) Slid on Uncertainty and Volatility