Baron First Principles ETF
RONB
91 hedge funds and large institutions have $134M invested in Baron First Principles ETF in 2026 Q2 according to their latest regulatory filings, with 54 funds opening new positions, 26 increasing their positions, 7 reducing their positions, and 4 closing their positions.
1,250% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 4
914% more capital inflows, than outflows
Capital inflows: $111M | Capital outflows: $10.9M
271% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 7
117% more funds holding
Funds holding: 42 → 91 (+49)
19.87% more ownership
Funds ownership: 5.89% → 25.76% (+20%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRW Securities
Chicago,
Illinois
|
+$29M |
| 2 |
Weiss Asset Management
Boston,
Massachusetts
|
+$25.7M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$6.18M |
| 4 |
L.J. Altfest & Co
New York
|
+$5.46M |
| 5 |
Private Advisor Group
Morristown,
New Jersey
|
+$5.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$5.43M |
| 2 |
BIM
Bullseye Investment Management
Cincinnati,
Ohio
|
-$1.85M |
| 3 |
CNWM
Clay Northam Wealth Management
Huntington Beach,
California
|
-$1.68M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$826K |
| 5 |
Fortis Group Advisors
Westwood,
New Jersey
|
-$641K |
RONB Hedge Fund Activity: Q2 2026 in Review
91 of the 8,362 institutional investors tracked by Wall St. Rank reported a position in Baron First Principles ETF (RONB) for Q2 2026, worth a combined $134M — up 368% from $28.6M a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new RONB positions and 4 closed out — a net gain of 50 holders — while 26 added to existing stakes and 7 trimmed.
The largest buyer was DRW Securities, opening a new position worth an estimated $29M. The largest seller was JP Morgan Chase, cutting an estimated $5.43M.
- 91 institutional investors held Baron First Principles ETF (RONB) as of Q2 2026, up from 42 in Q1 2026.
- Funds reported $134M of Baron First Principles ETF stock for Q2 2026, up 368% quarter-over-quarter.
- 54 funds opened new Baron First Principles ETF positions in Q2 2026 and 4 closed out, a net change of +50 holders.
- The largest Baron First Principles ETF buyer in Q2 2026 was DRW Securities, an estimated $29M added.
- The largest Baron First Principles ETF seller in Q2 2026 was JP Morgan Chase, an estimated $5.43M sold.
Based on aggregated 13F filings for Q2 2026.