Baron Funds’ “Baron Discovery Fund” Q3 2025 letter showed a 10.75% YTD return for Institutional Shares, lagging behind Russell 2000 Growth Index’s 11.65% return. The fund was up 2.85% in Q3. Download the letter to see its top five holdings for 2025.

Primo Brands Corporation (NYSE: PRMB) was highlighted in Baron Discovery Fund’s Q3 2025 letter. Shares had a -2.41% one-month return and lost 18.03% in the last 52 weeks. Stock closed at $21.50 on Oct 29, with a market cap of $8.031 billion.

The fund established a new position in Primo Brands Corporation (NYSE: PRMB) in Q3 2025. The company is fully vertically integrated, with leading bottled spring water brands and a large home and office water delivery service. It owns multiple historic brands and premium labels.

Primo Brands Corporation (NYSE: PRMB) wasn’t among the 30 Most Popular Stocks Among Hedge Funds. 72 hedge fund portfolios held it at the end of Q2, up from 66 in the previous quarter. While acknowledging its investment potential, other AI stocks were seen as offering greater upside with less risk.

In another article, the list of best 52-week low mid cap stocks to buy included Primo Brands Corporation (NYSE: PRMB). Check out more investor letters from hedge funds and leading investors for additional insights. Explore articles on the best and worst Dow stocks, as well as unstoppable stocks that could double your money.

Read more at Yahoo Finance: What Makes Primo Brands Corporation (PRMB) an Attractive Stock?