Horizon Kinetics Inflation Beneficiaries ETF
INFL
132 hedge funds and large institutions have $337M invested in Horizon Kinetics Inflation Beneficiaries ETF in 2023 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 26 increasing their positions, 72 reducing their positions, and 25 closing their positions.
2,633% more call options, than puts
Call options by funds: $82K | Put options by funds: $3K
5.86% less ownership
Funds ownership: 55.15% → 49.29% (-5.9%)
8% less funds holding
Funds holding: 143 → 132 (-11)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
30% less capital invested
Capital invested by funds: $483M → $337M (-$145M)
36% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 25
64% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 72
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$1.07M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$380K |
| 3 |
Renaissance Technologies
New York
|
+$351K |
| 4 |
Morgan Stanley
New York
|
+$344K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$259K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$79M |
| 2 |
ET
Equitable Trust
Nashville,
Tennessee
|
-$15.6M |
| 3 |
TWM
TMD Wealth Management
Scottsdale,
Arizona
|
-$14.5M |
| 4 |
Jane Street
New York
|
-$5.72M |
| 5 |
LPL Financial
San Diego,
California
|
-$5.47M |
INFL Hedge Fund Activity: Q4 2023 in Review
132 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Horizon Kinetics Inflation Beneficiaries ETF (INFL) for Q4 2023, worth a combined $337M — down 30% from $483M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of INFL and 16 opened new positions — a net loss of 9 holders — while 72 trimmed existing stakes and 26 added.
The largest buyer was Bank of New York Mellon, adding an estimated $1.07M. The largest seller was JP Morgan Chase, cutting an estimated $79M.
- 132 institutional investors held Horizon Kinetics Inflation Beneficiaries ETF (INFL) as of Q4 2023, down from 143 in Q3 2023.
- Funds reported $337M of Horizon Kinetics Inflation Beneficiaries ETF stock for Q4 2023, down 30% quarter-over-quarter.
- 16 funds opened new Horizon Kinetics Inflation Beneficiaries ETF positions in Q4 2023 and 25 closed out, a net change of -9 holders.
- The largest Horizon Kinetics Inflation Beneficiaries ETF buyer in Q4 2023 was Bank of New York Mellon, an estimated $1.07M added.
- The largest Horizon Kinetics Inflation Beneficiaries ETF seller in Q4 2023 was JP Morgan Chase, an estimated $79M sold.
Based on aggregated 13F filings for Q4 2023.