Gartner (IT) Fell Following a Slowdown in Contract Value

Group 1 - Baron Partners Fund achieved a return of 19.07% in Q4 2025, significantly outperforming the Russell Midcap Growth Index, which returned -3.70%, and the Russell 3000 Index, which returned 2.40% [1] - For the calendar year 2025, the Fund returned 24.86%, compared to 8.66% for the Russell Midcap Growth Index and 17.15% for the Russell 3000 Index, indicating strong long-term performance [1] - The Fund focuses on long-term investments in a non-diversified portfolio of well-managed growth businesses at attractive prices across various market caps [1] Group 2 - Gartner, Inc. (NYSE:IT) experienced a one-month return of -33.08% and a 52-week decline of 68.88%, with a market capitalization of $12.109 billion as of February 10, 2026 [2] - The decline in Gartner's contract value (CV) growth is attributed to cost-cutting measures in the U.S. public sector, which constitutes about 5% of its revenue [3] - The reduction in contract renewals is viewed as unsustainable, with expectations that many contracts will be reinstated in the coming quarters and years [3]