Managers / Q4 2020 · view latest →
Baron Financial Group, LLC
CIK 0001832093 · 16-00 STATE ROUTE 208 SOUTH, SUITE 104, FAIR LAWN, NJ, 07410 · 201-791-6408
Reported Value
$125.2B
Q4 2020
Positions
256
Filings on Record
26
2019–present window
Filed
Feb 9, 2021
original filing
Summary
Baron Financial Group, LLC reported $125.2B in U.S.-listed holdings across 256 positions for Q4 2020.
Its largest position, Ishares Russell 2000 Index, represents 14.1% of the portfolio.
Compared with Q3 2020, the fund opened 1 new position and exited 39.
Portfolio Metrics
Turnover
+0.9%
vs prior filed quarter
Top-10 Concentration
+57.2%
share of reported value
Largest Position
+14.1%
Ishares Russell 2000 Index
New / Exited
1 / 39
positions this quarter
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
13F Reported Value
Portfolio Composition
By security type
- ETP · 93.3% · $116.8B
- Common Stock · 6.2% · $7.7B
- ADR · 0.2% · $189M
- Closed-End Fund · 0.1% · $158M
- Other · 0.1% · $157M
- Other · 0.1% · $117M
Quarter-over-Quarter Changes full breakdown →
vs Q3 2020 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| Nfj Dividend Interest Fd | NEW | +501 | 501 | +$7M | $7M |
| Spdr Wells Fargo | ADDED | +11.0K | 11.3K | +$490M | $504M |
| Ishares Short Term Ntnl | ADDED | +8.9K | 11.0K | +$961M | $1.2B |
| Vanguard Bond Index Fund | ADDED | +18.2K | 23.7K | +$1.5B | $2.0B |
| iShares Nationl Amt Free | ADDED | +4.6K | 6.2K | +$546M | $723M |
| NEENextera Energy Inc. | ADDED | +446 | 594 | +$5M | $46M |
| iShares S&P 500 Growth Index | ADDED | +1.1K | 1.5K | +$9M | $98M |
| iShares Barclays Aggregate Bond | ADDED | +5.9K | 8.0K | +$699M | $943M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2020
50 positions
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | iShares Russell 2000 Index | RUSSELL 2000 ETF | 14.12% | $17.7B | 90.2K |
| 2 | SPDR S&P 500 | TR UNIT | 9.55% | $12.0B | 32.0K |
| 3 | iShares Edge MSCI USA Momentum Fctr ETF | MSCI USA MMENTM | 5.98% | $7.5B | 46.4K |
| 4 | SPDR Barclays ETF | BLMBRG BRC CNVRT | 5.68% | $7.1B | 85.9K |
| 5 | iShares MSCI Eafe Index | MSCI EAFE ETF | 4.73% | $5.9B | 81.2K |
| 6 | iShares MSCI Emerging Markets Index | MSCI EMG MKT ETF | 3.75% | $4.7B | 90.9K |
| 7 | Vanguard Short Inflation | STRM INFPROIDX | 3.60% | $4.5B | 88.1K |
| 8 | GQ9SPDR Gold Trusthistory → | GOLD SHS | 3.50% | $4.4B | 24.5K |
| 9 | First Trust Global | GBL WND ENRG ETF | 3.15% | $3.9B | 169.4K |
| 10 | Vanguard Reit Index ETF | REAL ESTATE ETF | 3.14% | $3.9B | 46.3K |
| 11 | SPDR Series Trust ETF | BLOMBERG INTL TR | 3.08% | $3.9B | 123.6K |
| 12 | Vanguard Health Care | HEALTH CAR ETF | 3.06% | $3.8B | 17.1K |
| 13 | iShares Russell 1000 Growth Index | RUS 1000 GRW ETF | 3.04% | $3.8B | 15.8K |
| 14 | Guggenheim S&P Global | S&P GBL WATER | 3.00% | $3.8B | 80.3K |
| 15 | MDYSPDR S&P Midcap 400history → | UTSER1 S&PDCRP | 2.63% | $3.3B | 7.8K |
| 16 | iShares Russell 1000 Value Index | RUS 1000 VAL ETF | 2.16% | $2.7B | 19.8K |
| 17 | IQ Hedge Multi Strat ETF | HEDGE MLTI ETF | 1.66% | $2.1B | 65.1K |
| 18 | Vanguard Bond Index Fund | SHORT TRM BOND | 1.57% | $2.0B | 23.7K |
| 19 | iShares S&P Smallcap 600 Index | CORE S&P SCP ETF | 1.50% | $1.9B | 20.4K |
| 20 | iShares Edge MSCI Intl Quality Fctr ETF | MSCI INTL QUALTY | 1.49% | $1.9B | 52.4K |
| 21 | First Trust Dow Jones Internet ETF | DJ INTERNT IDX | 1.45% | $1.8B | 8.6K |
| 22 | Vanguard Total Stock Mkt | TOTAL STK MKT | 1.23% | $1.5B | 7.9K |
| 23 | iShares S&P Midcap 400 Index | CORE S&P MCP ETF | 1.11% | $1.4B | 6.1K |
| 24 | iShares MSCI KLD 400 Social ETF | MSCI KLD400 SOC | 1.06% | $1.3B | 18.5K |
| 25 | ESGEiShares ESG MSCI EM ETFhistory → | ESG AW MSCI EAFE | 0.97% | $1.2B | 29.0K |
| 26 | ESGDiShares ESG MSCI EAFE ETFhistory → | ESG AW MSCI EAFE | 0.95% | $1.2B | 16.3K |
| 27 | Ishares Short Term Ntnl | SHRT NAT MUN ETF | 0.95% | $1.2B | 11.0K |
| 28 | Ishares Core Msci | CORE MSCI EMKT | 0.90% | $1.1B | 18.3K |
| 29 | AAPLApple Computer Inchistory → | COM | 0.77% | $967M | 7.3K |
| 30 | iShares Barclays Aggregate Bond | CORE US AGGBD ET | 0.75% | $943M | 8.0K |
| 31 | iShares Nationl Amt Free | NATIONAL MUN ETF | 0.58% | $723M | 6.2K |
| 32 | IBMInternational Business Machineshistory → | COM | 0.49% | $613M | 4.9K |
| 33 | Spdr Wells Fargo | WELLS FG PFD ETF | 0.40% | $504M | 11.3K |
| 34 | MSFTMicrosoft Corphistory → | COM | 0.39% | $485M | 2.2K |
| 35 | CLColgate-Palmolive Cohistory → | COM | 0.34% | $431M | 5.0K |
| 36 | EXMOCExxon Mobil Corporationhistory → | COM | 0.27% | $338M | 8.2K |
| 37 | iShares Core MSCI Eafe | CORE MSCI EAFE | 0.26% | $321M | 4.7K |
| 38 | PFEPfizer Incorporatedhistory → | COM | 0.21% | $257M | 7.0K |
| 39 | Sch Us Reit ETF | US REIT ETF | 0.20% | $247M | 6.5K |
| 40 | JNJJohnson & Johnsonhistory → | COM | 0.19% | $244M | 1.5K |
| 41 | Vanguard Information | INF TECH ETF | 0.19% | $236M | 668 |
| 42 | Vanguard Div Apprciation | DIV APP ETF | 0.19% | $233M | 1.6K |
| 43 | ADPAuto Data Processinghistory → | COM | 0.19% | $233M | 1.3K |
| 44 | ARCCAres Capital Corphistory → | COM | 0.16% | $206M | 12.2K |
| 45 | PEGPub Svc Enterprise Grouphistory → | COM | 0.16% | $195M | 3.4K |
| 46 | ABTAbbott Laboratorieshistory → | COM | 0.15% | $186M | 1.7K |
| 47 | JPMJP Morganhistory → | COM | 0.14% | $178M | 1.4K |
| 48 | BDXBecton Dickinson & Cohistory → | COM | 0.13% | $165M | 661 |
| 49 | Vanguard Ftse Developed | FTSE DEV MKT ETF | 0.12% | $150M | 3.2K |
| 50 | ABBVAbbVie Inchistory → | COM | 0.12% | $149M | 1.4K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q2 2026 | $210M | 56 | Jul 9, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q1 2026 | $185M | 53 | Apr 9, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $187M | 57 | Jan 9, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $183M | 50 | Oct 8, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $170M | 49 | Jul 9, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $159M | 47 | Apr 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $161M | 50 | Jan 21, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $164M | 47 | Oct 18, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $157M | 47 | Jul 22, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $162M | 50 | Apr 30, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $157M | 51 | Jan 22, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $154M | 49 | Oct 19, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $162M | 52 | Aug 3, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $158M | 55 | Apr 6, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $151M | 52 | Jan 20, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | Under review | 49 | Nov 3, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $151.3B | 210 | Aug 11, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $172.3B | 219 | May 13, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $176.5B | 221 | Feb 9, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $164.7B | 224 | Nov 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $160.7B | 238 | Aug 6, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $145.2B | 241 | May 13, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $125.2B | 256 | Feb 9, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $106.4B | 294 | Nov 13, 2020 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.