Baron Financials ETF
BCFN
12 hedge funds and large institutions have $17.3M invested in Baron Financials ETF in 2025 Q4 according to their latest regulatory filings, with 12 funds opening new positions, increasing their positions, reducing their positions, and closing their positions.
30.13% more ownership
Funds ownership: 0% → 30.13% (+30%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFO
Biltmore Family Office
Charlotte,
North Carolina
|
+$13.8M |
| 2 |
SIC
Sterling Investment Counsel
Buffalo,
New York
|
+$768K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$619K |
| 4 |
BO
Bank OZK
Little Rock,
Arkansas
|
+$562K |
| 5 |
LPL Financial
San Diego,
California
|
+$408K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFO
1
Biltmore Family Office
Charlotte,
North Carolina
| $13.7M | +$13.8M | +550,113 | New |
|
|
SIC
2
Sterling Investment Counsel
Buffalo,
New York
| $763K | +$768K | +30,666 | New |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $615K | +$619K | +24,719 | New |
|
|
BO
4
Bank OZK
Little Rock,
Arkansas
| $558K | +$562K | +22,429 | New |
|
|
5
LPL Financial
San Diego,
California
| $406K | +$408K | +16,300 | New |
|
6
Osaic Holdings
Scottsdale,
Arizona
| $404K | +$407K | +16,240 | New |
|
7
Jane Street
New York
| $357K | +$360K | +14,357 | New |
|
8
Commonwealth Equity Services
Waltham,
Massachusetts
| $285K | +$287K | +11,456 | New |
|
9
Morgan Stanley
New York
| $93.3K | +$93.9K | +3,749 | New |
|
10
Royal Bank of Canada
Toronto,
Ontario, Canada
| $28K | +$28.1K | +1,123 | New |
|
|
LFG
11
Larson Financial Group
St Louis,
Missouri
| $22.6K | +$22.8K | +909 | New |
|
|
NL
12
Navalign LLC
Encino,
California
| $21.7K | +$21.9K | +873 | New |
|
BCFN Hedge Fund Activity: Q4 2025 in Review
12 of the 8,228 institutional investors tracked by Wall St. Rank reported a position in Baron Financials ETF (BCFN) for Q4 2025, worth a combined $17.3M.
Buyers outnumbered sellers: 12 funds opened new BCFN positions and 0 closed out — a net gain of 12 holders — while 0 added to existing stakes and 0 trimmed.
The largest buyer was Biltmore Family Office, opening a new position worth an estimated $13.8M.
- 12 institutional investors held Baron Financials ETF (BCFN) as of Q4 2025, up from 0 in Q3 2025.
- Funds reported $17.3M of Baron Financials ETF stock for Q4 2025.
- 12 funds opened new Baron Financials ETF positions in Q4 2025 and 0 closed out, a net change of +12 holders.
- The largest Baron Financials ETF buyer in Q4 2025 was Biltmore Family Office, an estimated $13.8M added.
Based on aggregated 13F filings for Q4 2025.