Horizon Expedition Plus ETF
HBTA
21 hedge funds and large institutions have $132M invested in Horizon Expedition Plus ETF in 2026 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 5 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
19% more capital invested
Capital invested by funds: $111M → $132M (+$20.8M)
5% more funds holding
Funds holding: 20 → 21 (+1)
0.04% less ownership
Funds ownership: 111.19% → 111.14% (-0.04%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$24.5M |
| 2 |
GSEP
Golden State Equity Partners
South Coast Metro,
California
|
+$2.31M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.23M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.74M |
| 5 |
GSWM
Golden State Wealth Management
Santa Ana,
California
|
+$1.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$2.46M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$508K |
| 3 |
HAS
HBW Advisory Services
Simi Valley,
California
|
-$152K |
| 4 |
Envestnet Portfolio Solutions
Chicago,
Illinois
|
-$129K |
| 5 |
JP Morgan Chase
New York
|
-$115K |
HBTA Hedge Fund Activity: Q1 2026 in Review
21 of the 8,150 institutional investors tracked by Wall St. Rank reported a position in Horizon Expedition Plus ETF (HBTA) for Q1 2026, worth a combined $132M — up 19% from $111M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new HBTA positions and 5 closed out — a net gain of 1 holder — while 9 added to existing stakes and 6 trimmed.
The largest buyer was LPL Financial, opening a new position worth an estimated $24.5M. The largest seller was Cambridge Investment Research Advisors, cutting an estimated $2.46M.
- 21 institutional investors held Horizon Expedition Plus ETF (HBTA) as of Q1 2026, up from 20 in Q4 2025.
- Funds reported $132M of Horizon Expedition Plus ETF stock for Q1 2026, up 19% quarter-over-quarter.
- 6 funds opened new Horizon Expedition Plus ETF positions in Q1 2026 and 5 closed out, a net change of +1 holder.
- The largest Horizon Expedition Plus ETF buyer in Q1 2026 was LPL Financial, an estimated $24.5M added.
- The largest Horizon Expedition Plus ETF seller in Q1 2026 was Cambridge Investment Research Advisors, an estimated $2.46M sold.
Based on aggregated 13F filings for Q1 2026.