From Yahoo Finance: 2025-05-26 08:55:00

Baron Funds’ “Baron FinTech Fund” Q1 2025 investor letter revealed a 1.31% decline for the fund, outperforming the -7.52% return of the FactSet Global FinTech Index and the -4.27% drop of the S&P 500 index. U.S. equities fell 5% in Q1 due to concerns about tariffs, inflation, and softer economic growth.

KKR & Co. Inc. (NYSE:KKR) was a highlighted stock in the Baron FinTech Fund’s Q1 2025 investor letter. With a one-month return of 3.12% and a 10.10% gain in the last 52 weeks, KKR & Co. Inc. (NYSE:KKR) closed at $117.18 per share on May 23, 2025, with a market cap of $108.416 billion.

Baron FinTech Fund mentioned in its Q1 2025 investor letter that macroeconomic concerns, particularly related to Trump’s actions on tariffs, affected the performance of leading alternative asset manager KKR & Co. Inc. (NYSE:KKR). Despite near-term uncertainty, the fund believes KKR’s long-term success will be driven by its strong investment track record.

KKR & Co. Inc. (NYSE:KKR) is not among the 30 Most Popular Stocks Among Hedge Funds, but 88 hedge fund portfolios held the stock at the end of Q1 compared to 83 in the last quarter. While KKR & Co. Inc. (NYSE:KKR) has potential, the focus on AI stocks for higher returns within a shorter timeframe is emphasized.

Read more: KKR & Co. Inc. (KKR) Traded Lower due to Macroeconomic Concerns