From Yahoo Finance: 2025-05-27 08:12:00

Baron Funds released its Q1 2025 investor letter, reporting a 9.07% decline for the Baron Small Cap Fund compared to the Russell 2000 Growth Index. Small-cap stocks continued to underperform, causing the fund to lag behind the Russell 3000 Index. Check out the fund’s top five holdings for 2025 picks. In the same investor letter, Baron Small Cap Fund highlighted Ibotta, Inc. (NYSE:IBTA), a technology company with a one-month return of -4.23% and a three-month loss of 51.73%. Ibotta, Inc. (NYSE:IBTA) stock closed at $50.95 per share on May 23, 2025, with a market cap of $1.29 billion. The fund expressed concern over Ibotta, Inc. (NYSE:IBTA)’s struggle as a public company, noting lower than expected sales growth and earnings. They decided to step aside during this transition period, waiting for improvements. Ibotta, Inc. (NYSE:IBTA) is not among the 30 most popular stocks held by hedge funds, with 8 hedge fund portfolios holding the stock at the end of Q1 2025. Ibotta, Inc. (NYSE:IBTA) reported a revenue of $84.6 million in Q1 2025, showing 3% year-over-year growth. While Ibotta holds potential, the focus remains on AI stocks for higher returns in a shorter timeframe. Another article covers Ibotta, Inc. (NYSE:IBTA) as one of the worst-performing software stocks to buy according to analysts. For more investor letters from hedge funds and leading investors, visit the hedge fund investor letters Q1 2025 page.



Read more at Yahoo Finance: Here’s Why Baron Small Cap Fund Exited Its Position in Ibotta (IBTA)