VanEck Natural Resources ETF
HAP
51 hedge funds and large institutions have $99.2M invested in VanEck Natural Resources ETF in 2025 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 17 reducing their positions, and 5 closing their positions.
20% more capital invested
Capital invested by funds: $82.9M → $99.2M (+$16.3M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less funds holding
Funds holding: 52 → 51 (-1)
3.3% less ownership
Funds ownership: 68.61% → 65.31% (-3.3%)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
29% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$4.16M |
| 2 |
Morgan Stanley
New York
|
+$3.62M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$1.74M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.21M |
| 5 |
FLPIM
F.L. Putnam Investment Management
Lynnfield,
Massachusetts
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$639K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$633K |
| 3 |
OP
ORG Partners
Roanoke,
Indiana
|
-$513K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$453K |
| 5 |
MCM
Morton Capital Management
Calabasas,
California
|
-$407K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DWM
51
Darwin Wealth Management
Tampa,
Florida
| $957 | – | – | – |
|
|
AF
52
Allworth Financial
Folsom,
California
| $12 | -$367K | -7,573 | Closed |
|
|
53
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$633K | -13,886 | Closed |
|
|
FCM
54
Firestone Capital Management
Coral Gables,
Florida
| – | -$325K | -7,137 | Closed |
|
|
CP
55
Castleview Partners
Dallas,
Texas
| – | -$26.9K | -585 | Closed |
|
56
VanEck Associates
New York
| – | -$6K | -122 | Closed |
|
HAP Hedge Fund Activity: Q1 2025 in Review
51 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in VanEck Natural Resources ETF (HAP) for Q1 2025, worth a combined $99.2M — up 20% from $82.9M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of HAP and 4 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 12 added.
The largest buyer was Cetera Investment Advisers, adding an estimated $4.16M. The largest seller was LPL Financial, cutting an estimated $639K.
- 51 institutional investors held VanEck Natural Resources ETF (HAP) as of Q1 2025, down from 52 in Q4 2024.
- Funds reported $99.2M of VanEck Natural Resources ETF stock for Q1 2025, up 20% quarter-over-quarter.
- 4 funds opened new VanEck Natural Resources ETF positions in Q1 2025 and 5 closed out, a net change of -1 holder.
- The largest VanEck Natural Resources ETF buyer in Q1 2025 was Cetera Investment Advisers, an estimated $4.16M added.
- The largest VanEck Natural Resources ETF seller in Q1 2025 was LPL Financial, an estimated $639K sold.
Based on aggregated 13F filings for Q1 2025.