Baron Funds released its “Baron FinTech Fund” third-quarter 2025 investor letter, reporting a 4.29% decline. The fund has seen an annualized return rate of 11.10% since inception, outperforming the 4.00% return of the Benchmark. Market strength in the quarter was driven by Federal Reserve rate cuts and AI optimism.

The third-quarter 2025 investor letter from Baron FinTech Fund highlighted Robinhood Markets, Inc. (NASDAQ: HOOD), a financial services platform offering various investment options. Robinhood Markets, Inc. (HOOD) saw a one-month return of -12.04% and its shares gained 229.09% over the last 52 weeks, closing at $115.97 per share on November 17, 2025.

Baron FinTech Fund praised Robinhood Markets, Inc. (HOOD) in its investor letter for its performance, customer engagement, and market share growth. The company reported $304 billion in customer assets, up 112% from a year ago. Robinhood’s new features and expanding user base support revenue growth and innovation, leading to positive long-term earnings potential.

Robinhood Markets, Inc. (HOOD) is not among the 30 Most Popular Stocks Among Hedge Funds, with 85 hedge fund portfolios holding the stock at the end of the second quarter. The company reported over 100% year-over-year revenue growth in Q3 2025. While Robinhood has investment potential, some AI stocks may offer greater upside potential with less downside risk. Check out a free report on the best short-term AI stock for more information.

Read more at Yahoo Finance: Robinhood Markets (HOOD) Rallied due to Multiple Growth Catalysts