Markets· August 17, 2026 at 01:22 p.m.
Baron Partners Fund Outperforms Indices, Cites AI Disruption Fears in Morningstar Decline
Key takeaways
- Baron Partners Fund outperformed Russell Midcap Growth Index and Russell 3000 Index in Q2 2026
- Morningstar, Inc. (MORN) declined due to AI disruption fears
- Morningstar's core franchises continued to post healthy results
The Baron Partners Fund reported a strong Q2 2026 performance, outperforming both the Russell Midcap Growth Index and the Russell 3000 Index. The fund's one-year return is at 48.75%, significantly ahead of the indices. However, the fund's investment in Morningstar, Inc. (MORN) contributed to a slight portfolio drop due to investor concerns over generative AI disrupting the company's data and research businesses. Morningstar declined 9.79% during the quarter, reflecting a market capitalization of $7.78 billion.
