Baron Real Estate Fund Sold Louisiana-Pacific Corporation (LPX) in Q1

Baron Real Estate Fund Sold Louisiana-Pacific Corporation (LPX) in Q1 Soumya Eswaran Fri, June 12, 2026 at 11:11 PM GMT+7 3 min read LPX Baron Capital, an investment management company, released its Q4 2025 letter for its “Baron Real Estate Fund”. A copy of the letter is available to download here. Baron Real Estate Fund was recognized as the Best Real Estate Fund Over Three Years at the 2026 LSEG Lipper Funds Awards, reflecting the three-year performance ending December 31, 2025. The Fund declined 5.39% (Institutional Shares) in Q1, underperforming the MSCI USA IMI Extended Real Estate Index (−0.96%) and the MSCI US REIT Index (+4.52%). Despite the Q1 decline, the long-term performance remains strong. The letter covers current thoughts, portfolio composition, key themes, top contributors and detractors, recent activity, and outlook for real estate and the Fund. The Fund has a positive outlook on the broader equity market and public real estate, and maintains a constructive outlook with compelling reasons to stay the course. Please review the Fund’s top five holdings to gain insights into their key selections for 2026.

In its first-quarter 2026 investor letter, Baron Real Estate Fund mentioned Louisiana-Pacific Corporation (NYSE:LPX). Louisiana-Pacific Corporation (NYSE:LPX) is a building materials company that delivers building solutions for applications in new home construction, repair and remodeling, and outdoor structure markets. On June 11, 2026, Louisiana-Pacific Corporation (NYSE:LPX) closed at $74.76 per share. One-month return of Louisiana-Pacific Corporation (NYSE:LPX) was 9.53%, and its shares lost 13.35% over the past 52 weeks. Louisiana-Pacific Corporation (NYSE:LPX) has a market capitalization of $5.22 billion.

Baron Real Estate Fund stated the following regarding Louisiana-Pacific Corporation (NYSE:LPX) in its Q1 2026 investor letter: