Ron Baron acquired 1.32M Spotify Technology S.A. shares worth $664M. That's 1.97% of their equity portfolio (13th largest holding). The first Spotify Technology S.A. trade was made in Q2 2018. Since then Ron Baron bought shares 21 more times and sold shares on ten occasions. The stake costed the investor $319M, netting the investor a gain of 108% so far.
David Baron, manager of Baron Focused Growth fund, looks to double investors' money every four or five years.
Baron Funds, an investment management company, released its “Baron Partners Fund” fourth quarter 2022 investor letter. A copy of the same can be downloaded h...