Northern Trust Morningstar Global Upstream Natural Resources ETF
GUNR
281 hedge funds and large institutions have $4.67B invested in Northern Trust Morningstar Global Upstream Natural Resources ETF in 2025 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 95 increasing their positions, 80 reducing their positions, and 15 closing their positions.
213% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 15
19% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 80
12% more funds holding
Funds holding: 252 → 281 (+29)
6% more capital invested
Capital invested by funds: $4.42B → $4.67B (+$256M)
0% more funds holding in top 10
Funds holding in top 10: 18 → 18 (0)
2.56% less ownership
Funds ownership: 84.25% → 81.69% (-2.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$31.2M |
| 2 |
EW
Evoke Wealth
Los Angeles,
California
|
+$15.1M |
| 3 |
COI
Connable Office Inc
Kalamazoo,
Michigan
|
+$13.8M |
| 4 |
MHS
M Holdings Securities
Portland,
Oregon
|
+$9.66M |
| 5 |
VCM
Versant Capital Management
Phoenix,
Arizona
|
+$9.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$46.7M |
| 2 |
CFFNO
Common Fund For Nonprofit Organizations
Wilton,
Connecticut
|
-$18.5M |
| 3 |
WAP
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
-$5.93M |
| 4 |
Jane Street
New York
|
-$2.66M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$2.34M |
GUNR Hedge Fund Activity: Q4 2025 in Review
281 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in Northern Trust Morningstar Global Upstream Natural Resources ETF (GUNR) for Q4 2025, worth a combined $4.67B — up 5.8% from $4.42B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new GUNR positions and 15 closed out — a net gain of 32 holders — while 95 added to existing stakes and 80 trimmed.
The largest buyer was 1832 Asset Management, adding an estimated $31.2M. The largest seller was Northern Trust, cutting an estimated $46.7M.
- 281 institutional investors held Northern Trust Morningstar Global Upstream Natural Resources ETF (GUNR) as of Q4 2025, up from 252 in Q3 2025.
- Funds reported $4.67B of Northern Trust Morningstar Global Upstream Natural Resources ETF stock for Q4 2025, up 5.8% quarter-over-quarter.
- 47 funds opened new Northern Trust Morningstar Global Upstream Natural Resources ETF positions in Q4 2025 and 15 closed out, a net change of +32 holders.
- The largest Northern Trust Morningstar Global Upstream Natural Resources ETF buyer in Q4 2025 was 1832 Asset Management, an estimated $31.2M added.
- The largest Northern Trust Morningstar Global Upstream Natural Resources ETF seller in Q4 2025 was Northern Trust, an estimated $46.7M sold.
Based on aggregated 13F filings for Q4 2025.