Superworth
BEXFX

Baron Emerging Markets Fund

Baron Select FundsEmerging markets

Share classes: BEXFX, BEXIX, BEXUX

Run by Baron Capital, Ron Baron's firm.

Net assets
$4B
Stocks held
90
As of
Jun 30, 2026
N-PORT filed with the SEC
In its top 10
43%
of net assets
Active share
60%
different from MSCI Emerging Markets

Largest holdings

TSM15.7%
Samsung Electronics Co Ltd7.7%
SKHY7.1%
Tencent Holdings Ltd2.3%
Delta Electronics Inc2.2%
Grupo Mexico SAB de CV1.9%
Bajaj Finance Ltd1.7%
BABA1.6%
CYATY1.5%
Montage Technology Co Ltd1.5%
Cummins India Ltd1.4%
JSW Energy Ltd1.2%
Piraeus Bank SA1.2%
ISC Co Ltd1.2%
CompanyOf net assets, over timeShare of MSCI Emerging Markets
TSMTaiwan Semiconductor Manufacturing15.42%
Samsung Electronics7.73%7.35%
SKHYSK hynix5.56%
Tencent2.26%2.94%
Delta Electronics2.24%0.94%
Grupo Mexico SAB de CV1.90%0.33%
Bajaj Finance1.75%0.23%
BABAAlibaba1.99%
CYATYContemporary Amperex Technology0.23%
Montage Technology1.46%0.02%
Cummins India1.39%0.06%
JSW Energy1.24%0.02%
Piraeus Bank SA1.23%0.11%
ISC1.22%0.00%
Chroma ATE1.18%0.19%
Max Healthcare Institute1.18%0.07%
Power Grid Corp of India1.12%0.10%
Nippon Life India Asset Management1.10%0.00%
Trent1.06%0.07%
BAPCredicorp0.21%
WuXi AppTec1.03%0.03%
ASPEED Technology1.02%0.14%
InterGlobe Aviation1.02%0.09%
D'Alba Global1.01%0.00%
Localiza Rent a Car SA1.00%0.05%

Its bets against MSCI Emerging Markets

Each stock's weight of the fund's net assets less its weight in the MSCI Emerging Markets, in points.

Holds much more than the index

  • Grupo Mexico SAB de CV+1.6 pts
  • SKHYSK hynix+1.5 pts
  • Bajaj Finance+1.5 pts
  • Montage Technology+1.4 pts
  • Cummins India+1.3 pts
  • Delta Electronics+1.3 pts

Holds much less, or none

  • HDBHDFC Bank−0.7 pts
  • Tencent−0.7 pts
  • IBNICICI Bank−0.7 pts
  • ASXASE Technology−0.5 pts
  • AUAngloGold Ashanti−0.5 pts
  • VALEVale−0.4 pts

About these numbers

Holdings from the fund's N-PORT report to the SEC, public 60 days after the report date. Every weight is a percent of the fund's net assets, as the fund publishes it, and active weights are that less the index's weight. Only stocks are listed, so cash, bonds and derivatives are not, and a fund that borrows can hold stocks worth more than its net assets. Active share compares the fund's stocks alone with the index.