Baron First Principles ETF Q2 2026 Portfolio Review
The Baron First Principles ETF Q2 2026 portfolio review notes that Space Exploration Technologies shares rose after completing the largest IPO in history, raising over $85 billion, while FIGS, Inc. shares slipped. The review also highlights rising capital expenditure at Tesla as a signal of conviction in its growth initiatives.
Why it matters — IBKR watchers would care because Interactive Brokers may see increased trading volumes and client interest from major capital markets events like the record-breaking SpaceX IPO and shifts in high-profile holdings such as Tesla.