Baron Emerging Markets Fund

Fund Profile

Fund profile

Tickers

BEXFX, BEXIX, BEXUX

Fund manager

Baron Partners Fund

Total assets

$4.09 bn

Liabilities

$74.44 mm

Net assets

$4.02 bn

Number of holdings

112.00

112 Holdings

As of Sep 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
Taiwan Semiconductor Manufacturing Co Ltd	287.90 mm	9.55 mm shares	7.16	Common equity	Long	Taiwan
Tencent Holdings Ltd	144.81 mm	2.60 mm shares	3.60	Common equity	Long	Cayman Islands
BUNDL TECHNOLOGIES PRIVATE LTD	129.61 mm	11.58 k shares	3.22	Preferred equity	Long	India
BABA Alibaba Group Holding Limited	113.97 mm	1.07 mm shares	2.83	Common equity	Long	Cayman Islands
HD Korea Shipbuilding & Offshore Engineering Co Ltd	105.57 mm	739.09 k shares	2.63	Common equity	Long	Korea, Republic of
Trent Ltd	90.63 mm	1.00 mm shares	2.25	Common equity	Long	India
Samsung Electronics Co Ltd	89.22 mm	1.91 mm shares	2.22	Common equity	Long	Korea, Republic of
InPost SA	85.51 mm	4.53 mm shares	2.13	Common equity	Long	Luxembourg
Meituan	80.41 mm	3.79 mm shares	2.00	Common equity	Long	Cayman Islands
Bharti Airtel Ltd	79.27 mm	3.89 mm shares	1.97	Common equity	Long	India
TSM Taiwan Semiconductor Manufacturing Company Limited	74.87 mm	431.09 k shares	1.86	Common equity	Long	Taiwan
Reliance Industries Ltd	71.54 mm	2.03 mm shares	1.78	Common equity	Long	India
CPNG Coupang, Inc.	70.89 mm	2.89 mm shares	1.76	Common equity	Long	USA
Indus Towers Ltd	70.41 mm	15.03 mm shares	1.75	Common equity	Long	India
YMM Full Truck Alliance Co. Ltd.	68.55 mm	7.61 mm shares	1.71	Common equity	Long	Cayman Islands
Contemporary Amperex Technology Co Ltd	59.64 mm	1.70 mm shares	1.48	Common equity	Long	China
Delta Electronics Inc	58.83 mm	4.93 mm shares	1.46	Common equity	Long	Taiwan
SBI Life Insurance Co Ltd	53.42 mm	2.43 mm shares	1.33	Common equity	Long	India
Power Grid Corp of India Ltd	53.09 mm	12.59 mm shares	1.32	Common equity	Long	India
China Mengniu Dairy Co Ltd	52.37 mm	22.33 mm shares	1.30	Common equity	Long	Cayman Islands
Credicorp Ltd	52.18 mm	288.32 k shares	1.30	Common equity	Long	Bermuda
Godrej Consumer Products Ltd	51.31 mm	3.09 mm shares	1.28	Common equity	Long	India
JM Financial Ltd	51.16 mm	28.41 mm shares	1.27	Common equity	Long	India
Localiza Rent a Car SA	48.28 mm	6.41 mm shares	1.20	Common equity	Long	Brazil
BDO Unibank Inc	47.92 mm	16.92 mm shares	1.19	Common equity	Long	Philippines
FIXED INC CLEARING CORP.REPO Fixed Income Clearing Corp.	47.17 mm	47.17 mm principal	1.17	Repurchase agreement	Long	USA
HD Hyundai Heavy Industries Co Ltd	46.54 mm	330.96 k shares	1.16	Common equity	Long	Korea, Republic of
Bank Rakyat Indonesia Persero Tbk PT	45.27 mm	138.42 mm shares	1.13	Common equity	Long	Indonesia
Suzano SA	44.87 mm	4.49 mm shares	1.12	Common equity	Long	Brazil
Shenzhou International Group Holdings Ltd	43.36 mm	4.90 mm shares	1.08	Common equity	Long	Cayman Islands
Techtronic Industries Co Ltd	42.86 mm	2.87 mm shares	1.07	Common equity	Long	Hong Kong
NARI Technology Co Ltd	42.51 mm	10.90 mm shares	1.06	Common equity	Long	China
Mahindra & Mahindra Ltd	42.10 mm	1.14 mm shares	1.05	Common equity	Long	India
Godrej Properties Ltd	41.46 mm	1.10 mm shares	1.03	Common equity	Long	India
Kaynes Technology India Ltd	41.29 mm	638.23 k shares	1.03	Common equity	Long	India
Kingdee International Software Group Co Ltd	41.01 mm	36.37 mm shares	1.02	Common equity	Long	Cayman Islands
Fuyao Glass Industry Group Co Ltd	40.60 mm	4.89 mm shares	1.01	Common equity	Long	China
Grupo Mexico SAB de CV	40.52 mm	7.25 mm shares	1.01	Common equity	Long	Mexico
Tata Communications Ltd	40.30 mm	1.58 mm shares	1.00	Common equity	Long	India
Bajaj Finance Ltd	39.86 mm	433.86 k shares	0.99	Common equity	Long	India
KB Financial Group Inc	39.77 mm	644.58 k shares	0.99	Common equity	Long	Korea, Republic of
Nippon Life India Asset Management Ltd	39.65 mm	5.10 mm shares	0.99	Common equity	Long	India
InterGlobe Aviation Ltd	38.76 mm	679.52 k shares	0.96	Common equity	Long	India
Jio Financial Services Ltd	37.64 mm	9.01 mm shares	0.94	Common equity	Long	India
NU Holdings Ltd/Cayman Islands	36.48 mm	2.67 mm shares	0.91	Common equity	Long	Cayman Islands
Jiangsu Hengli Hydraulic Co Ltd	33.94 mm	3.81 mm shares	0.84	Common equity	Long	China
Kweichow Moutai Co Ltd	33.65 mm	137.33 k shares	0.84	Common equity	Long	China
Zai Lab Ltd	33.52 mm	1.39 mm shares	0.83	Common equity	Long	Cayman Islands
SK Hynix Inc	31.54 mm	235.67 k shares	0.78	Common equity	Long	Korea, Republic of
Korea Aerospace Industries Ltd	31.15 mm	781.72 k shares	0.77	Common equity	Long	Korea, Republic of
Tata Consumer Products Ltd	30.39 mm	2.13 mm shares	0.76	Common equity	Long	India
Titan Co Ltd	29.50 mm	646.89 k shares	0.73	Common equity	Long	India
BZ Kanzhun Limited	29.30 mm	1.69 mm shares	0.73	Common equity	Long	Cayman Islands
Max Healthcare Institute Ltd	29.18 mm	2.48 mm shares	0.73	Common equity	Long	India
Tencent Holdings Ltd	29.06 mm	524.53 k shares	0.72	Common equity	Long	Cayman Islands
Dino Polska SA	28.09 mm	308.25 k shares	0.70	Common equity	Long	Poland
Wal-Mart de Mexico SAB de CV	27.65 mm	9.16 mm shares	0.69	Common equity	Long	Mexico
TME Tencent Music Entertainment Group	27.54 mm	2.29 mm shares	0.68	Common equity	Long	Cayman Islands
WEG SA	26.49 mm	2.65 mm shares	0.66	Common equity	Long	Brazil
E Ink Holdings Inc	25.78 mm	2.78 mm shares	0.64	Common equity	Long	Taiwan
eMemory Technology Inc	25.59 mm	310.95 k shares	0.64	Common equity	Long	Taiwan
Nuvama Wealth Management Ltd	24.42 mm	302.59 k shares	0.61	Common equity	Long	India
Shenzhen Mindray Bio-Medical Electronics Co Ltd	24.24 mm	587.92 k shares	0.60	Common equity	Long	China
JD JD.com, Inc.	24.24 mm	606.05 k shares	0.60	Common equity	Long	Cayman Islands
ISC Co Ltd	24.17 mm	545.67 k shares	0.60	Common equity	Long	Korea, Republic of
GFI Gold Fields Limited	23.86 mm	1.55 mm shares	0.59	Common equity	Long	South Africa
Ayala Land Inc	23.06 mm	35.41 mm shares	0.57	Common equity	Long	Philippines
XP Inc	22.41 mm	1.25 mm shares	0.56	Common equity	Long	Cayman Islands
Naspers Ltd	22.07 mm	91.00 k shares	0.55	Common equity	Long	South Africa
ASPEED Technology Inc	21.67 mm	160.29 k shares	0.54	Common equity	Long	Taiwan
Afya Ltd	21.44 mm	1.26 mm shares	0.53	Common equity	Long	Cayman Islands
Park Systems Corp	21.36 mm	144.36 k shares	0.53	Common equity	Long	Korea, Republic of
Bharti Airtel Ltd	21.31 mm	1.37 mm shares	0.53	Common equity	Long	India
Budweiser Brewing Co APAC Ltd	20.93 mm	15.86 mm shares	0.52	Common equity	Long	Cayman Islands
Samsung SDI Co Ltd	20.49 mm	70.96 k shares	0.51	Common equity	Long	Korea, Republic of
Midea Group Co Ltd	19.58 mm	2.05 mm shares	0.49	Common equity	Long	China
HDFC Bank Ltd	19.31 mm	937.50 k shares	0.48	Common equity	Long	India
Samsung Biologics Co Ltd	19.30 mm	25.95 k shares	0.48	Common equity	Long	Korea, Republic of
Aarti Industries Ltd	18.99 mm	2.73 mm shares	0.47	Common equity	Long	India
PINE LABS PTE. LTD	18.44 mm	45.68 k shares	0.46		Long	USA
Midea Group Co Ltd	17.28 mm	1.60 mm shares	0.43	Common equity	Long	China
Banco BTG Pactual SA	17.21 mm	2.82 mm shares	0.43	Common equity	Long	Brazil
Cummins India Ltd	16.97 mm	373.25 k shares	0.42	Common equity	Long	India
SRF Ltd	16.96 mm	568.77 k shares	0.42	Common equity	Long	India
Chroma ATE Inc	16.16 mm	1.38 mm shares	0.40	Common equity	Long	Taiwan
Inter & Co Inc	15.08 mm	2.25 mm shares	0.38	Common equity	Long	Cayman Islands
YUMC Yum China Holdings, Inc.	14.48 mm	311.14 k shares	0.36	Common equity	Long	USA
Codere Online Luxembourg, S.A. Forward Shares	14.32 mm	1.79 mm shares	0.36	Common equity	Long	USA
Cholamandalam Investment and Finance Co Ltd	13.72 mm	714.59 k shares	0.34	Common equity	Long	India
YUMC Yum China Holdings, Inc.	13.60 mm	302.02 k shares	0.34	Common equity	Long	USA
Kingsoft Corp Ltd	13.43 mm	3.58 mm shares	0.33	Common equity	Long	Cayman Islands
PDD PDD Holdings Inc.	13.01 mm	96.50 k shares	0.32	Common equity	Long	Cayman Islands
Galaxy Entertainment Group Ltd	12.83 mm	2.60 mm shares	0.32	Common equity	Long	Hong Kong
HPSP Co Ltd	12.48 mm	525.14 k shares	0.31	Common equity	Long	Korea, Republic of
Hyundai Rotem Co Ltd	11.00 mm	268.85 k shares	0.27	Common equity	Long	Korea, Republic of
PINE LABS PTE. LTD	10.91 mm	27.03 k shares	0.27		Long	USA
Gold Fields Ltd	10.20 mm	657.75 k shares	0.25	Common equity	Long	South Africa
DCW Ltd	7.91 mm	7.03 mm shares	0.20	Common equity	Long	India
PINE LABS PTE. LTD.	3.86 mm	9.57 k shares	0.10		Long	USA
PINE LABS PTE. LTD	3.07 mm	7.60 k shares	0.08		Long	USA
CODERE ONLINE LUXEMBOURG, S.A	2.86 mm	358.35 k shares	0.07	Common equity	Long	USA
PINE LABS PTE. LTD	2.76 mm	6.83 k shares	0.07		Long	USA
PINE LABS PTE. LTD	2.49 mm	6.17 k shares	0.06		Long	USA
PINE LABS PTE. LTD	992.38 k	2.46 k shares	0.02		Long	USA
PINE LABS PTE. LTD	779.70 k	1.93 k shares	0.02		Long	USA
Shenzhen Mindray Bio-Medical Electronics Co Ltd	692.79 k	16.80 k shares	0.02	Common equity	Long	China
Midea Group Co Ltd	497.82 k	46.20 k shares	0.01	Common equity	Long	China
CODERE ONLINE LUXEMBOURG, S.A.	211.88 k	26.52 k shares	0.01	Common equity	Long	USA
THINK + LEARN PRIVATE LIMITED	75.13 k	15.33 k shares	0.00	Preferred equity	Long	India
Codere Online Luxembourg SA	13.13 k	13.26 k shares	0.00	Equity derivative	N/A	Luxembourg
Sberbank of Russia PJSC	11.17 k	17.95 mm shares	0.00	Common equity	Long	Russian Federation
REFUNDABLE DEPOSIT SHENZHEN	3.73 k	26.14 k shares	0.00	Short-term investment vehicle	Long	China