Horizon Kinetics Inflation Beneficiaries ETF
INFL
148 hedge funds and large institutions have $835M invested in Horizon Kinetics Inflation Beneficiaries ETF in 2025 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 70 increasing their positions, 34 reducing their positions, and 14 closing their positions.
106% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 34
57% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 14
4% more funds holding
Funds holding: 142 → 148 (+6)
1% more capital invested
Capital invested by funds: $827M → $835M (+$7.89M)
0.64% more ownership
Funds ownership: 62.42% → 63.06% (+0.64%)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
MAI Capital Management
Independence,
Ohio
|
+$11.1M |
| 2 |
FFA
First Foundation Advisors
Irvine,
California
|
+$7.02M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$4.23M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$2.76M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$30M |
| 2 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
-$3.16M |
| 3 |
HH
Hilltop Holdings
Dallas,
Texas
|
-$2.97M |
| 4 |
SWA
Stratos Wealth Advisors
Beachwood,
Ohio
|
-$2.24M |
| 5 |
LIM
Leavell Investment Management
Mobile,
Alabama
|
-$1.56M |
INFL Hedge Fund Activity: Q4 2025 in Review
148 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in Horizon Kinetics Inflation Beneficiaries ETF (INFL) for Q4 2025, worth a combined $835M — up 0.95% from $827M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new INFL positions and 14 closed out — a net gain of 8 holders — while 70 added to existing stakes and 34 trimmed.
The largest buyer was MAI Capital Management, adding an estimated $11.1M. The largest seller was JP Morgan Chase, cutting an estimated $30M.
- 148 institutional investors held Horizon Kinetics Inflation Beneficiaries ETF (INFL) as of Q4 2025, up from 142 in Q3 2025.
- Funds reported $835M of Horizon Kinetics Inflation Beneficiaries ETF stock for Q4 2025, up 0.95% quarter-over-quarter.
- 22 funds opened new Horizon Kinetics Inflation Beneficiaries ETF positions in Q4 2025 and 14 closed out, a net change of +8 holders.
- The largest Horizon Kinetics Inflation Beneficiaries ETF buyer in Q4 2025 was MAI Capital Management, an estimated $11.1M added.
- The largest Horizon Kinetics Inflation Beneficiaries ETF seller in Q4 2025 was JP Morgan Chase, an estimated $30M sold.
Based on aggregated 13F filings for Q4 2025.