Horizon Expedition Plus ETF
HBTA
22 hedge funds and large institutions have $127M invested in Horizon Expedition Plus ETF in 2025 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 3 increasing their positions, 8 reducing their positions, and 0 closing their positions.
274% more capital invested
Capital invested by funds: $33.9M → $127M (+$93M)
69% more funds holding
Funds holding: 13 → 22 (+9)
43.67% more ownership
Funds ownership: 18.48% → 62.15% (+44%)
63% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$56.6M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$14.2M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$14.2M |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$871K |
| 5 |
JP Morgan Chase
New York
|
+$415K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.56M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$262K |
| 3 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$208K |
| 4 |
Envestnet Portfolio Solutions
Chicago,
Illinois
|
-$158K |
| 5 |
HI
Horizon Investments
Charlotte,
North Carolina
|
-$99.3K |
HBTA Hedge Fund Activity: Q3 2025 in Review
22 of the 7,645 institutional investors tracked by Wall St. Rank reported a position in Horizon Expedition Plus ETF (HBTA) for Q3 2025, worth a combined $127M — up 274% from $33.9M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new HBTA positions and 0 closed out — a net gain of 10 holders — while 3 added to existing stakes and 8 trimmed.
The largest buyer was Bank of New York Mellon, opening a new position worth an estimated $56.6M. The largest seller was Cambridge Investment Research Advisors, cutting an estimated $1.56M.
- 22 institutional investors held Horizon Expedition Plus ETF (HBTA) as of Q3 2025, up from 13 in Q2 2025.
- Funds reported $127M of Horizon Expedition Plus ETF stock for Q3 2025, up 274% quarter-over-quarter.
- 10 funds opened new Horizon Expedition Plus ETF positions in Q3 2025 and 0 closed out, a net change of +10 holders.
- The largest Horizon Expedition Plus ETF buyer in Q3 2025 was Bank of New York Mellon, an estimated $56.6M added.
- The largest Horizon Expedition Plus ETF seller in Q3 2025 was Cambridge Investment Research Advisors, an estimated $1.56M sold.
Based on aggregated 13F filings for Q3 2025.