Baron Real Estate Fund praises Blackstone for potential market share growth, seeing strong first quarter.

From Yahoo Finance: 2025-05-15 07:39:00

Baron Funds saw a 6.69% decline in Q1 2025 due to economic slowdown and policy issues, compared to a 3.11% drop for the MSCI USA IMI Extended Real Estate Index. Blackstone Inc. (NYSE:BX) gained 13.83% in one month and closed at $148.42 per share on May 14, 2025, with a market cap of $180.07 billion.

In its Q1 2025 letter, Baron Real Estate Fund praised Blackstone Inc. (NYSE:BX) and Brookfield Corporation for potential market share growth. Blackstone Inc. (NYSE:BX) reported a strong first quarter with distributable earnings up 11% year-over-year to $1.4 billion.

Blackstone Inc. (NYSE:BX) is not among the 30 most popular stocks among hedge funds, but 67 hedge fund portfolios held it at the end of Q4 2024, up from 50 in the previous quarter. While Blackstone Inc. (NYSE:BX) shows promise, AI stocks are seen as having greater potential for higher returns in a shorter timeframe.



Read more at Yahoo Finance: Does Blackstone (BX) Have Opportunities to Improve Its Market Share?