Baron Capital, an investment management company, released its Q2 2026 investor letter for the "Baron Discovery Fund". Baron Discovery Fund appreciated by 19.08% (Institutional Shares) in the quarter, underperforming the Russell 2000 Growth Index, which gained 25.71%. In its Q2 2026 investor letter, Baron Discovery Fund highlighted CareDx, Inc. (NASDAQ:CDNA). On August 11, 2026, CareDx, Inc. (NASDAQ:CDNA) closed at $47.23 per share, reflecting a market capitalization of $2.4 billion and a year‑to‑date gain of 150.69%. Baron Discovery Fund stated the following regarding CareDx, Inc. (NASDAQ:CDNA) in its Q2 2026 investor letter: