Baron Funds released its “Baron Real Estate Fund” second-quarter 2025 investor letter, showing a 3.61% rise for the fund compared to a 1.46% decline for the REIT Index and a 6.13% gain for the MSCI Real Estate Index. Independence Realty Trust, Inc. (NYSE:IRT) was highlighted in the letter, with a one-month return of -5.74% and a market capitalization of $4.018 billion. The company’s stock faced challenges in the quarter due to economic concerns but is seen as having attractive return prospects. However, it is not on the list of 30 Most Popular Stocks Among Hedge Funds, with only 19 portfolios holding it at the end of the first quarter.

Read more at Yahoo Finance: Independence Realty Trust (IRT) Traded Down in Q2 Due to Economic Concerns