Baron Financials ETF
BCFN
9 hedge funds and large institutions have $13M invested in Baron Financials ETF in 2026 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 6 reducing their positions, and 4 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.76% less ownership
Funds ownership: 30.13% → 28.37% (-1.8%)
25% less capital invested
Capital invested by funds: $17.3M → $13M (-$4.23M)
25% less funds holding
Funds holding: 12 → 9 (-3)
67% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 6
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$118K |
| 2 |
SIC
Sterling Investment Counsel
Buffalo,
New York
|
+$95.4K |
| 3 |
KFP
Kerr Financial Planning
Fresno,
California
|
+$8.76K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFO
Biltmore Family Office
Charlotte,
North Carolina
|
-$871K |
| 2 |
LPL Financial
San Diego,
California
|
-$406K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$351K |
| 4 |
Morgan Stanley
New York
|
-$64.6K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$42.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFO
1
Biltmore Family Office
Charlotte,
North Carolina
| $10.7M | -$871K | -38,461 | -7% |
|
|
SIC
2
Sterling Investment Counsel
Buffalo,
New York
| $727K | +$95.4K | +4,212 | +14% |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $476K | -$42.4K | -1,875 | -8% |
|
|
BO
4
Bank OZK
Little Rock,
Arkansas
| $457K | -$12.2K | -540 | -2% |
|
|
5
Jane Street
New York
| $408K | +$118K | +5,197 | +36% |
|
6
Commonwealth Equity Services
Waltham,
Massachusetts
| $236K | -$2.72K | -120 | -1% |
|
|
7
Morgan Stanley
New York
| $18.7K | -$64.6K | -2,852 | -76% |
|
|
8
Osaic Holdings
Scottsdale,
Arizona
| $15.4K | -$351K | -15,502 | -95% |
|
|
KFP
9
Kerr Financial Planning
Fresno,
California
| $8.39K | +$8.76K | +387 | New |
|
|
10
LPL Financial
San Diego,
California
| – | -$406K | -16,300 | Closed |
|
11
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$28K | -1,123 | Closed |
|
|
LFG
12
Larson Financial Group
St Louis,
Missouri
| – | -$22.6K | -909 | Closed |
|
|
NL
13
Navalign LLC
Encino,
California
| – | -$21.7K | -873 | Closed |
|
BCFN Hedge Fund Activity: Q1 2026 in Review
9 of the 8,130 institutional investors tracked by Wall St. Rank reported a position in Baron Financials ETF (BCFN) for Q1 2026, worth a combined $13M — down 25% from $17.3M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of BCFN and 1 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 2 added.
The largest buyer was Jane Street, adding an estimated $118K. The largest seller was Biltmore Family Office, cutting an estimated $871K.
- 9 institutional investors held Baron Financials ETF (BCFN) as of Q1 2026, down from 12 in Q4 2025.
- Funds reported $13M of Baron Financials ETF stock for Q1 2026, down 25% quarter-over-quarter.
- 1 fund opened new Baron Financials ETF positions in Q1 2026 and 4 closed out, a net change of -3 holders.
- The largest Baron Financials ETF buyer in Q1 2026 was Jane Street, an estimated $118K added.
- The largest Baron Financials ETF seller in Q1 2026 was Biltmore Family Office, an estimated $871K sold.
Based on aggregated 13F filings for Q1 2026.