Baron Funds, an investment management company, released an investor letter to its "Baron Real Estate Fund" in the first quarter of 2025. A copy of the letter can be downloaded here. In the first quarter of 2025, stocks were sold without considering value due to slowing economic growth, inflation and decision-making issues, including Baron Real EstateFund®. The fund fell 6.69% (institutional stocks) in the quarter, while the MSCI USA IMI Expanded Real Estate Index (MSCI Real Estate Index) fell 3.11%, and the MSCI US REIT Index (REIT Index) rose 0.76%. Also, check the fund’s top five holdings to see its best options for 2025.
Baron Real Estate Fund highlighted stocks such as Wynn Resorts, Limited (NASDAQ:WYNN) in its first-quarter 2025 investor letter. Wynn Resorts, Limited (NASDAQ: WYNN) owns and operates resorts operated through Wynn Palace, Wynn Macau, Las Vegas and Encore Boston Harbour segments. Wynn Resorts (NASDAQ:WYNN) has a one-month return of 30.39%, and its shares account for 0.39% of its value over the past 52 weeks. On May 14, 2025, Wynn Resorts, Ltd. (NASDAQ: Wynn) shares closed at $97.49 per share, with a market value of $10.19 billion.
Baron Real Estate Fund pointed out the following about Wynn Resorts, Limited (NASDAQ: WYNN) in its 2025 investor letter:
“Wynn Resort, Ltd. (NASDAQ:WYNN) is an outstanding luxury global owner and operator of integrated resorts (hotel and casino resorts). We are optimistic about the company's prospects for the development of Wynn Al Marjan Island in the UAE (it is expected to open in early 2027). We believe that the UAE is the most exciting integrated resort development market in decades.
Aerial view of the luxury hotel tower is surrounded by lush green landscapes.
Wynn Resorts, Limited (NASDAQ:Wynn) is not among the 30 most popular stocks in hedge funds. According to our database, at the end of the fourth quarter, 64 hedge fund portfolios held Wynn Resorts, Limited (NASDAQ: WYNN) in the previous quarter. While we acknowledge the potential of Wynn Resorts (NASDAQ:WYNN) as an investment, our belief is that AI stocks have greater hope to deliver higher returns and do that in a shorter time. If you are looking for AI stocks that are as promising as NVIDIA, but whose earnings are trading at less than 5 times the price, check out our report on undervalued AI stocks.
In another post, we introduce Wynn Resort, Ltd. (NASDAQ: Wynn) and share Jim Cramer's totally wrong stock forecast. In its 2024 investor letter for the fourth quarter, Nightview Capital highlighted five trends that make up 2025 and beyond, and analyzed the major companies in its investment universe. Wynn Resort (Nasdaq: Wynn) is one of the specialty companies. Also, check out our Hedge Fund Investor Letters Q1 2025 page for more investors in hedge funds and other leading investors.
Read next: Michael Burry is selling these stocks, and the new dawn will be sold to U.S. stocks.
Disclosure: None. This article was originally published in Insider Monkey.