Here’s Why Baron Funds Became Bullish in Bio-Techne Corp. (TECH) Baron Funds, an asset management firm, published its “Baron Growth Fund” first quarter 2021 investor letter – a copy of which can be downloaded here. A return of 0.94% was delivered by the fund’s institutional shares for the Q1 of 2021, trailing its primary benchmark, the Russell 2000 Growth Index, that rose to 4.88% and the S&P 500 Index that delivered a 6.17% return for the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021. Baron Growth Fund, in its Q1 2021 investor letter, mentioned Bio-Techne Corporation (NASDAQ: TECH), and shared their insights on the company. Bio-Techne Corporation is a Minneapolis, Minnesota-based biotechnology company that currently has a $15.9 billion market capitalization. Since the beginning of the year, TECH delivered a 28.76% return, extending its 12-month gains to 56.16%. As of May 12, 2021, the stock closed at $408.88 per share.