Baron Financials ETF Q2 2026 Portfolio Activity

Summary Global electronic brokerage firm Interactive Brokers Group, Inc. contributed to performance due to continued strong growth and profitability. CME Group shares fell due to a slowdown in trading activity, reflecting tough comparisons against last year's tariff-driven uncertainty as well as easing market volatility following the deescalation of the U.S.-Iran conflict. We initiated a position in AerCap Holdings N.V., the largest aircraft leasing company in the world. We trimmed Intuit Inc. due to concerns about market share loss in the consumer tax market. We trimmed S&P Global Inc. to manage the position size and fund purchases elsewhere. We trimmed Fair Isaac Corporation due to regulatory and competitive risks. AndreyPopov/iStock via Getty Images The following segment was excerpted from Baron Financials ETF Q2 2026 Shareholder Letter. Top contributors to performance for the quarter Contribution to Return (%) Interactive Brokers Group, Inc. ( IBKR ) 1.04 Morgan Stanley ( This article was written by Baron Capital 688 Followers Follow Baron is an asset management firm focused on delivering growth equity investment solutions. Founded in 1982, Baron has become known for its long-term, fundamental, active approach to growth investing. Baron was founded as an equity research firm, and research has remained at the core of its business. Note: This account is not managed or monitored by Baron Capital, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use Baron Capital's official channels.