Soumya Eswaran
Wed, November 12, 2025 astatine 7:44 AM CST 3 min read
Baron Funds, an concern absorption company, released its “Baron Real Estate Fund” third-quarter 2025 capitalist letter. A transcript of the missive tin beryllium downloaded here. The money delivered beardown results successful the quarter. The money appreciated 10.25% (Institutional Shares) compared to the MSCI US REIT Index’s (the REIT Index) 4.49% and the MSCI USA IMI Extended Real Estate Index’s 5.65%. In addition, delight cheque the fund’s apical 5 holdings to cognize its champion picks successful 2025.
In its third-quarter 2025 capitalist letter, Baron Real Estate Fund highlighted stocks specified arsenic Iron Mountain Incorporated (NYSE:IRM). Iron Mountain Incorporated (NYSE:IRM) is simply a REIT that provides retention and accusation absorption solutions. The one-month instrumentality of Iron Mountain Incorporated (NYSE:IRM) was -4.36%, and its shares mislaid 12.79% of their worth implicit the past 52 weeks. On November 11, 2025, Iron Mountain Incorporated (NYSE:IRM) banal closed astatine $101.15 per share, with a marketplace capitalization of $29.899 billion.
Baron Real Estate Fund stated the pursuing regarding Iron Mountain Incorporated (NYSE:IRM) successful its 3rd 4th 2025 capitalist letter:
"In the 3rd quarter, we initiated a caller REIT presumption successful Iron Mountain Incorporated (NYSE:IRM), arsenic its shares offered a compelling valuation level combined with charismatic semipermanent maturation prospects. Iron Mountain offers grounds retention absorption on with an evolving fast-growing information halfway segment.
Iron Mountain Incorporated (NYSE:IRM) is not connected our database of 30 Most Popular Stocks Among Hedge Funds. According to our database, 47 hedge money portfolios held Iron Mountain Incorporated (NYSE:IRM) astatine the extremity of the 2nd quarter, up from 40 successful the erstwhile quarter. In the 3rd 4th of 2025, Iron Mountain Incorporated's (NYSE:IRM) gross accrued 13% to $1.8 billion. While we admit the imaginable of Iron Mountain Incorporated (NYSE:IRM) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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