Horizon Landmark ETF
BENJ
16 hedge funds and large institutions have $212M invested in Horizon Landmark ETF in 2025 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 3 reducing their positions, and 2 closing their positions.
233% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 3
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
16% more capital invested
Capital invested by funds: $183M → $212M (+$28.8M)
0% more funds holding
Funds holding: 16 → 16 (0)
2.75% less ownership
Funds ownership: 129.52% → 126.76% (-2.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$7.92M |
| 2 |
Bank of New York Mellon
New York
|
+$7.45M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$6.5M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$4.79M |
| 5 |
PS
Principal Securities
Des Moines,
Iowa
|
+$669K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$332K |
| 2 |
KIM
Kestra Investment Management
Austin,
Texas
|
-$205K |
| 3 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$106K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$73.1K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$5.21K |
BENJ Hedge Fund Activity: Q4 2025 in Review
16 of the 8,238 institutional investors tracked by Wall St. Rank reported a position in Horizon Landmark ETF (BENJ) for Q4 2025, worth a combined $212M — up 16% from $183M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new BENJ positions and 2 closed out — a net gain of 1 holder — while 10 added to existing stakes and 3 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $7.92M. The largest seller was LPL Financial, exiting entirely with an estimated $332K sold.
- 16 institutional investors held Horizon Landmark ETF (BENJ) as of Q4 2025, unchanged from Q3 2025.
- Funds reported $212M of Horizon Landmark ETF stock for Q4 2025, up 16% quarter-over-quarter.
- 3 funds opened new Horizon Landmark ETF positions in Q4 2025 and 2 closed out, a net change of +1 holder.
- The largest Horizon Landmark ETF buyer in Q4 2025 was Envestnet Asset Management, an estimated $7.92M added.
- The largest Horizon Landmark ETF seller in Q4 2025 was LPL Financial, an estimated $332K sold.
Based on aggregated 13F filings for Q4 2025.