FTCH - Stitch Fix Farfetch among top net purchases for Baron Asset Fund in 4Q

January, 21 2021 02:54 PM Farfetch Limited Class A

Stitch Fix (SFIX), Farfetch (FTCH) and DoorDash (DASH) were among the top net purchase in 4Q for the Baron Asset fund, according to a copy of the fund's letter, signed by portfolio manager Andrew Peck.Expects that Stitch Fix will be able to double its sales and "meaningfully" expand profitability over the next 5 yearsTop net sales for the quarter include BWX Technologies (BWXT), where Baron exited its stake, as well reducing stakes in West Pharmaceuticals (WST), Fleetcor (FLT) and IDEXX Laboratories (IDXX).Sold stake in BWX on concerns that the company's growth prospects were no longer attractive.Top contributors to performance for 4Q included IDEXX Laboratories, Gartner (IT), Vail Resorts (MTN), Ceridian (CDAY) and Mettler-Toledo (MTD).See Dec. 22, Tracking Ron Baron's Bamco porfolio.

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Stitch Fix, Farfetch among top net purchases for Baron Asset Fund in 4Q

Company Name:	Farfetch Limited Class A
Stock Symbol:	FTCH
Market:	NYSE
Website:	farfetchinvestors.com

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