BARON DISCOVERY FUND

Fund Profile

Fund profile

Tickers

BDFFX, BDFIX, BDFUX

Fund manager

BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND)

Total assets

$1.89 bn

Liabilities

$186.02 k

Net assets

$1.89 bn

Number of holdings

59.00

59 Holdings

As of Dec 2025

Security	$Holding	Balance	% of Fund	Category	Position	Country
EXAS Exact Sciences Corporation	65.52 mm	645.12 k shares	3.46	Common equity	Long	USA
Liberty Live Holdings Inc	58.21 mm	700.00 k shares	3.08	Common equity	Long	USA
DKNG DraftKings Inc.	53.41 mm	1.55 mm shares	2.82	Common equity	Long	USA
Establishment Labs Holdings Inc	50.28 mm	689.85 k shares	2.66	Common equity	Long	Virgin Islands (British)
ALKT Alkami Technology, Inc.	49.60 mm	2.15 mm shares	2.62	Common equity	Long	USA
LOAR Loar Holdings Inc.	49.57 mm	729.00 k shares	2.62	Common equity	Long	USA
DT Dynatrace, Inc.	46.45 mm	1.07 mm shares	2.45	Common equity	Long	USA
RGEN Repligen Corporation	44.84 mm	273.65 k shares	2.37	Common equity	Long	USA
CWAN Clearwater Analytics Holdings, Inc.	44.62 mm	1.85 mm shares	2.36	Common equity	Long	USA
MRCY Mercury Systems, Inc.	43.43 mm	594.84 k shares	2.29	Common equity	Long	USA
CDNA CareDx, Inc	42.78 mm	2.27 mm shares	2.26	Common equity	Long	USA
WYNN Wynn Resorts, Limited	42.12 mm	350.00 k shares	2.22	Common equity	Long	USA
TTAN ServiceTitan, Inc.	42.07 mm	395.00 k shares	2.22	Common equity	Long	USA
AEIS Advanced Energy Industries, Inc.	40.19 mm	191.98 k shares	2.12	Common equity	Long	USA
INTA Intapp, Inc.	38.95 mm	850.00 k shares	2.06	Common equity	Long	USA
GTLB GitLab Inc.	38.21 mm	1.02 mm shares	2.02	Common equity	Long	USA
KRMN Karman Holdings Inc.	37.85 mm	517.35 k shares	2.00	Common equity	Long	USA
SITE SiteOne Landscape Supply, Inc.	37.37 mm	300.00 k shares	1.97	Common equity	Long	USA
WING Wingstop Inc.	36.97 mm	155.00 k shares	1.95	Common equity	Long	USA
PCOR Procore Technologies, Inc.	36.37 mm	500.00 k shares	1.92	Common equity	Long	USA
MEG Montrose Environmental Group, Inc.	35.23 mm	1.42 mm shares	1.86	Common equity	Long	USA
NOVT Novanta Inc.	34.81 mm	292.55 k shares	1.84	Common equity	Long	Canada
Birkenstock Holding Plc	34.77 mm	850.00 k shares	1.84	Common equity	Long	Jersey
MASI Masimo Corporation	34.73 mm	267.00 k shares	1.83	Common equity	Long	USA
TXRH Texas Roadhouse, Inc.	34.03 mm	205.00 k shares	1.80	Common equity	Long	USA
GWRE Guidewire Software, Inc.	33.24 mm	165.36 k shares	1.76	Common equity	Long	USA
WAY Waystar Holding Corp.	32.91 mm	1.00 mm shares	1.74	Common equity	Long	USA
STEP StepStone Group Inc.	32.09 mm	500.00 k shares	1.69	Common equity	Long	USA
CWST Casella Waste Systems, Inc.	31.83 mm	325.00 k shares	1.68	Common equity	Long	USA
SITM SiTime Corporation	29.53 mm	83.60 k shares	1.56	Common equity	Long	USA
KNSL Kinsale Capital Group, Inc.	29.33 mm	75.00 k shares	1.55	Common equity	Long	USA
VRNS Varonis Systems, Inc.	29.06 mm	886.00 k shares	1.54	Common equity	Long	USA
BMI Badger Meter, Inc.	28.78 mm	165.00 k shares	1.52	Common equity	Long	USA
S SentinelOne, Inc.	27.53 mm	1.84 mm shares	1.45	Common equity	Long	USA
NTSK Netskope, Inc. Class A Common Stock	27.44 mm	1.56 mm shares	1.45	Common equity	Long	USA
KTOS Kratos Defense & Security Solutions, Inc.	25.97 mm	342.16 k shares	1.37	Common equity	Long	USA
Stevanato Group SpA	25.78 mm	1.28 mm shares	1.36	Common equity	Long	Italy
PRMB Primo Brands Corporation	25.75 mm	1.58 mm shares	1.36	Common equity	Long	USA
JFrog Ltd	25.61 mm	410.00 k shares	1.35	Common equity	Long	Israel
Nova Ltd	24.67 mm	75.13 k shares	1.30	Common equity	Long	Israel
RBC RBC Bearings Incorporated	24.66 mm	55.00 k shares	1.30	Common equity	Long	USA
Aarons Holdings Company Inc.	24.02 mm	315.00 k shares	1.27	Common equity	Long	USA
HTFL Heartflow, Inc. Common Stock	23.60 mm	809.72 k shares	1.25	Common equity	Long	USA
TWFG TWFG, Inc. Common Stock	22.58 mm	785.00 k shares	1.19	Common equity	Long	USA
Brunello Cucinelli SpA	22.37 mm	1.95 mm shares	1.18	Common equity	Long	Italy
FND Floor & Decor Holdings, Inc.	21.31 mm	350.00 k shares	1.13	Common equity	Long	USA
GLIBP Grizzly Merger Sub 1, LLC	21.09 mm	566.81 k shares	1.11	Common equity	Long	USA
VCYT Veracyte, Inc.	19.74 mm	468.79 k shares	1.04	Common equity	Long	USA
INDI indie Semiconductor, Inc.	18.54 mm	5.25 mm shares	0.98	Common equity	Long	USA
Tempus AI Inc	17.55 mm	297.14 k shares	0.93	Common equity	Long	USA
FWONA Formula One Group	16.54 mm	185.00 k shares	0.87	Common equity	Long	USA
On Holding AG	16.27 mm	350.00 k shares	0.86	Common equity	Long	Switzerland
ACLX Arcellx, Inc.	15.21 mm	233.22 k shares	0.80	Common equity	Long	USA
EPAC Enerpac Tool Group Corp.	14.34 mm	375.00 k shares	0.76	Common equity	Long	USA
INSP Inspire Medical Systems, Inc.	13.06 mm	141.57 k shares	0.69	Common equity	Long	USA
SPRY ARS Pharmaceuticals, Inc.	12.52 mm	1.07 mm shares	0.66	Common equity	Long	USA
Ategrity Specialty Holdings LLC	11.56 mm	550.00 k shares	0.61	Common equity	Long	USA
ARQT Arcutis Biotherapeutics, Inc.	9.29 mm	320.00 k shares	0.49	Common equity	Long	USA
BLLN BillionToOne, Inc.	3.69 mm	45.09 k shares	0.19	Common equity	Long	USA