Baron Capital Group Increases Stake in Kinsale Capital Group to 10.72%
On June 3, 2026, Baron Capital Group, Inc. (BCG) and its affiliates, including BAMCO, Inc., Baron Capital Management, Inc. (BCM), and Ronald Baron, filed an amended Schedule 13G (Amendment No. 9) regarding their holdings in Kinsale Capital Group, Inc. (KNSL). The filing reports a combined beneficial ownership of 2,472,900 shares of Common Stock, representing 10.72% of the class. Specifically, BAMCO, Inc. increased its individual position to 2,283,448 shares (9.9%), up from a previous position of 1,850,870 shares (7.99%). The filing indicates that the shares are held for investment purposes in the ordinary course of business by advisory clients of BAMCO and BCM. Ronald Baron, who owns a controlling interest in BCG, is deemed to have shared voting and dispositive power over the total 2,472,900 shares. The reporting persons certify that the securities were not acquired with the intent to change or influence the control of the issuer. This significant increase in ownership positions the Baron entities as substantial institutional shareholders in the Virginia-based insurance provider.