The Fund Grade · free · no account needed
What grade does BFTIX get?
Morningstar rates funds on what they returned. We grade them on where their money sits today: how much of the book overlaps with the converged buys of the top specialist stock pickers.
Fundprints Fund Grade · as of 2026-10-01
Baron Fifth Avenue Growth Fund
#51 of 500 graded active funds · growth · large segment peer group
The point · specialist footprint
BFTIX puts more of its book behind proven specialists than 92% of graded funds.
Bottom 20%
Bottom 40%
Middle
Top 40%
● Top 20%
That has mattered: over the past 2.7 years, funds on this rung beat bottom-rung funds by about 3.8% per quarter, and beat the S&P in 43% of fund-quarters versus their 22%. The evidence argues this fund earns its seat.
10,000+ funds tracked · the graded specialists among them drive every read
The grade scores this fund's specialist share, the slice that overlaps what the top 1% of proven funds are building. We ignore index ballast and names outside our edge on purpose: that slice is small, and it's what decides the outcome.
BFTIX vs the Honor Roll · share card ↗Conviction exposure
60.7%
of the book in specialist-converged names
Late-stage weight
15.7%
of the book in Crowded or Fading names
Active share
87.5%
how far it strays from the index
The best grades have beaten the worst by about +5% a year since we began grading. The gap held in 9 out of 10 months. Measured on filings as they were published, no hindsight.
Inside the book: top names by stage · as of 2026-10-20
We email you the day it crosses 50% crowded, and where you stand every month.
Graded monthly from point-in-time filings. A description of where the money sits, not a recommendation. Evidence, not advice.
The read · what to do with it
Baron Fifth Avenue Growth Fund earns a grade of A and ranks 51st out of 500 graded funds, with specialists accounting for 60.7% of its ownership, a strong signal of conviction. The fund is genuinely early in ILMN and FIG, but TSLA, AVGO, ISRG, and CPNG are all Fading, meaning proven specialists are quietly walking away from four positions that together carry real weight.
→ Watch TSLA at 4.1% and AVGO at 2.5% closely, as specialist exits from both positions are already underway.
→ ILMN at 1.7% is an Early Conviction holding, worth tracking to see whether specialist interest continues to build from here.
Support leaving these positions
Read from today's disclosed book. Evidence, not advice.