Ron Baron acquired 1.5M Procore Technologies shares worth $71.1M. That's 0.21% of their equity portfolio (82nd largest holding). The first Procore Technologies trade was made in Q3 2023. Since then Ron Baron bought shares eight more times and sold shares on two occasions. The investor's estimated purchase price is $106M, resulting in a loss of 33%.
Baron Funds, an investment management company, released its “Baron Asset Fund” first quarter 2024 investor letter. A copy of the letter can be downloaded her...
A large and growing addressable market provides Procore Technologies with a long growth runway. Click here to read our brief thesis on PCOR stock.