VanEck Natural Resources ETF
HAP
61 hedge funds and large institutions have $136M invested in VanEck Natural Resources ETF in 2025 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 19 increasing their positions, 9 reducing their positions, and 6 closing their positions.
167% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 6
111% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 9
20% more capital invested
Capital invested by funds: $113M → $136M (+$23.2M)
20% more funds holding
Funds holding: 51 → 61 (+10)
3.72% more ownership
Funds ownership: 64.97% → 68.69% (+3.7%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$8.23M |
| 2 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$5.32M |
| 3 |
LPL Financial
San Diego,
California
|
+$2.61M |
| 4 |
Morgan Stanley
New York
|
+$1.49M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$2.08M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$688K |
| 3 |
IWP
IAG Wealth Partners
Waukesha,
Wisconsin
|
-$685K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$504K |
| 5 |
Jane Street
New York
|
-$485K |
HAP Hedge Fund Activity: Q4 2025 in Review
61 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in VanEck Natural Resources ETF (HAP) for Q4 2025, worth a combined $136M — up 20% from $113M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new HAP positions and 6 closed out — a net gain of 10 holders — while 19 added to existing stakes and 9 trimmed.
The largest buyer was VanEck Associates, opening a new position worth an estimated $8.23M. The largest seller was Flow Traders U.S., exiting entirely with an estimated $2.08M sold.
- 61 institutional investors held VanEck Natural Resources ETF (HAP) as of Q4 2025, up from 51 in Q3 2025.
- Funds reported $136M of VanEck Natural Resources ETF stock for Q4 2025, up 20% quarter-over-quarter.
- 16 funds opened new VanEck Natural Resources ETF positions in Q4 2025 and 6 closed out, a net change of +10 holders.
- The largest VanEck Natural Resources ETF buyer in Q4 2025 was VanEck Associates, an estimated $8.23M added.
- The largest VanEck Natural Resources ETF seller in Q4 2025 was Flow Traders U.S., an estimated $2.08M sold.
Based on aggregated 13F filings for Q4 2025.