Baron Health Care Fund Shifts Portfolio with New Additions and Exits

The Baron Health Care Fund has updated its portfolio following the second quarter of 2026. The fund added eight new positions and exited six, bringing the total number of holdings to 43.

The manager re-established positions in two previously owned managed care companies: UnitedHealth Group Incorporated and Elevance Health, Inc.

A new position was established in Sartorius Stedim Biotech S.A., which supplies equipment and reagents to biopharmaceutical companies for the production of biologic drugs.

The fund reduced its positions in AstraZeneca PLC and Ionis Pharmaceuticals, Inc. due to valuation concerns.