SEC 13F Intelligence

Managers / Q4 2023 · 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
$157M
Q4 2023
Positions
51
Filings on Record
26
2019–present window
Filed
Jan 22, 2024
original filing

Summary

Baron Financial Group, LLC reported $157M in U.S.-listed holdings across 51 positions for Q4 2023.

The portfolio is heavily concentrated: ESGD alone accounts for 38.6% of reported value.

Compared with Q3 2023, the fund opened 4 new positions and exited 2.

Portfolio Metrics

Turnover
+8.5%
vs prior filed quarter
Top-10 Concentration
+87.2%
share of reported value
Largest Position
+38.6%
Ishares Tr
New / Exited
4 / 2
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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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
Q3 ’20: $106.4BQ3 ’20Q4 ’20: $125.2BQ1 ’21: $145.2BQ2 ’21: $160.7BQ2 ’21Q3 ’21: $164.7BQ4 ’21: $176.5BQ1 ’22: $172.3BQ1 ’22Q2 ’22: $151.3BQ4 ’22: $151MQ1 ’23: $158MQ1 ’23Q2 ’23: $162MQ3 ’23: $154MQ4 ’23: $157MQ4 ’23Q1 ’24: $162MQ2 ’24: $157MQ3 ’24: $164MQ3 ’24Q4 ’24: $161MQ1 ’25: $159MQ2 ’25: $170MQ2 ’25Q3 ’25: $183MQ4 ’25: $187MQ1 ’26: $185MQ1 ’26Q2 ’26: $210Mfilingsflow.com

Portfolio Composition

By security type
ETP: 96.1%Common Stock: 3.9%
  • ETP · 96.1% · $151M
  • Common Stock · 3.9% · $6M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
AMPLIFY ETF TRNEW+59.4K59.4K+$2M$2M
VANGUARD CHARLOTTE FDSNEW+22.5K22.5K+$1M$1M
VANGUARD INDEX FDSNEW+3.2K3.2K+$689,535$689,535
ISHARES TRNEW+2.2K2.2K+$204,408$204,408
PFEPFIZER INCSOLD OUT−6.4K0−$212,276$0
PEGPUBLIC SVC ENTERPRISE GRP INSOLD OUT−3.6K0−$204,645$0
INVESCO ACTIVELY MANAGED ETFTRIMMED−109.9K16.9K−$3M$580,199
FIRST TR EXCH TRADED FD IIITRIMMED−79.3K13.4K−$1M$225,672

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2023

31 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ESGDISHARES TRRUSSELL 2000 ETF · MSCI EAFE ETF · CORE S&P SCP ETF · SHRT NAT MUN ETF · RUS MID CAP ETF · MSCI EMG MKT ETF · MSCI INTL QUALTY · CONV BD ETF · RUS 1000 GRW ETF · ESG AW MSCI EAFE · RUS 1000 VAL ETF · MSCI USA MMENTM · CORE S&P MCP ETF · NATIONAL MUN ETF · CORE MSCI EAFE · MSCI KLD400 SOC38.56%$60M649.5K
2SPDR S&P 500 ETF TRTR UNIT11.44%$18M37.7K
3VANGUARD MALVERN FDSSTRM INFPROIDX8.76%$14M289.2K
4NDQINVESCO QQQ TRhistory →UNIT SER 16.58%$10M25.2K
5SPDR SER TRBBG CONV SEC ETF · BLOOMBERG INTL T5.52%$9M202.0K
6VANGUARD INDEX FDSREAL ESTATE ETF · TOTAL STK MKT · SMALL CP ETF4.80%$8M69.5K
7INVESCO EXCH TRADED FD TR IIS&P GBL WATER3.28%$5M97.2K
8GQ9SPDR GOLD TRhistory →GOLD SHS3.04%$5M24.9K
9VANGUARD WORLD FDSHEALTH CAR ETF · INF TECH ETF2.78%$4M16.8K
10ESGEISHARES INCCORE MSCI EMKT · ESG AWR MSCI EM2.43%$4M95.9K
11INDEXIQ ETF TRHEDGE MLTI ETF1.71%$3M89.0K
12SPDR INDEX SHS FDSPORTFOLIO DEVLPD1.58%$2M73.0K
13MDYSPDR S&P MIDCAP 400 ETF TRhistory →UTSER1 S&PDCRP1.49%$2M4.6K
14AMPLIFY ETF TRCWP ENHANCED DIV1.38%$2M59.4K
15AAPLAPPLE INChistory →COM1.19%$2M9.7K
16INVESCO EXCHANGE TRADED FD TS&P 500 GARP ETF1.09%$2M17.4K
17VANGUARD CHARLOTTE FDSTOTAL INT BD ETF0.71%$1M22.5K
18MSFTMICROSOFT CORPCOM0.55%$867,3772.3K
19EXMOCEXXON MOBIL CORPCOM0.47%$741,8527.4K
20INVESCO ACTIVELY MANAGED ETFS&P500 DOWNSID0.37%$580,19916.9K
21IBMINTERNATIONAL BUSINESS MACHSCOM0.35%$545,0333.3K
22VANGUARD BD INDEX FDSSHORT TRM BOND0.33%$511,6446.6K
23ADPAUTOMATIC DATA PROCESSING INCOM0.24%$375,8781.6K
24ARCCARES CAPITAL CORPCOM0.23%$367,86418.4K
25JPMJPMORGAN CHASE & COCOM0.19%$294,2731.7K
26CLCOLGATE PALMOLIVE COCOM0.18%$278,1883.5K
27JNJJOHNSON & JOHNSONCOM0.17%$268,1911.7K
28VANGUARD SPECIALIZED FUNDSDIV APP ETF0.15%$232,9371.4K
29FIRST TR EXCH TRADED FD IIIPFD SECS INC ETF0.14%$225,67213.4K
30MRKMERCK & CO INCCOM0.14%$217,2772.0K
31ABBVABBVIE INCCOM0.14%$215,8741.4K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q2 2026$210M56Jul 9, 202613F-HRchanges · EDGAR ↗
Q1 2026$185M53Apr 9, 202613F-HRchanges · EDGAR ↗
Q4 2025$187M57Jan 9, 202613F-HRchanges · EDGAR ↗
Q3 2025$183M50Oct 8, 202513F-HRchanges · EDGAR ↗
Q2 2025$170M49Jul 9, 202513F-HRchanges · EDGAR ↗
Q1 2025$159M47Apr 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$161M50Jan 21, 202513F-HRchanges · EDGAR ↗
Q3 2024$164M47Oct 18, 202413F-HRchanges · EDGAR ↗
Q2 2024$157M47Jul 22, 202413F-HRchanges · EDGAR ↗
Q1 2024$162M50Apr 30, 202413F-HRchanges · EDGAR ↗
Q4 2023$157M51Jan 22, 202413F-HRchanges · EDGAR ↗
Q3 2023$154M49Oct 19, 202313F-HRchanges · EDGAR ↗
Q2 2023$162M52Aug 3, 202313F-HRchanges · EDGAR ↗
Q1 2023$158M55Apr 6, 202313F-HRchanges · EDGAR ↗
Q4 2022$151M52Jan 20, 202313F-HRchanges · EDGAR ↗
Q3 2022Under review49Nov 3, 202213F-HRchanges · EDGAR ↗
Q2 2022$151.3B210Aug 11, 202213F-HRchanges · EDGAR ↗
Q1 2022$172.3B219May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$176.5B221Feb 9, 202213F-HRchanges · EDGAR ↗
Q3 2021$164.7B224Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$160.7B238Aug 6, 202113F-HRchanges · EDGAR ↗
Q1 2021$145.2B241May 13, 202113F-HRchanges · EDGAR ↗
Q4 2020$125.2B256Feb 9, 202113F-HRchanges · EDGAR ↗
Q3 2020$106.4B294Nov 13, 202013F-HRchanges · 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 ↗.