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Horizon Kinetics Inflation Beneficiaries ETF
INFL

Name Holding Trade Value Shares
Change 		Change in
Stake
HighTower Advisors
26
HighTower Advisors
Illinois
$7.73M +$330K +6,537 +5%
KIM
27
Kestra Investment Management
Texas
$7.62M -$524K -10,382 -7%
AWP
28
Atlas Wealth Partners
Pennsylvania
$7.03M +$222K +4,405 +3%
NCM
29
NCM Capital Management
New Jersey
$6.96M +$384K +7,605 +6%
MC
30
Moors & Cabot
Massachusetts
$6.33M +$223K +4,419 +4%
CFB
31
Cullen/Frost Bankers
Texas
$6.1M -$279K -5,520 -5%
GWANC
32
Guardian Wealth Advisors (North Carolina)
North Carolina
$6.08M +$543K +10,748 +10%
IA
33
IFP Advisors
Florida
$5.71M -$181K -3,584 -3%
PJWM
34
Philip James Wealth Mangement
Georgia
$5.31M -$2.32M -45,942 -31%
Stifel Financial
35
Stifel Financial
Missouri
$5.24M +$999K +19,792 +24%
HKAM
36
Horizon Kinetics Asset Management
New York
$5.22M +$69.3K +1,372 +1%
SCM
37
SCS Capital Management
Massachusetts
$5.17M -$128K -2,540 -2%
WC
38
Waterloo Capital
Texas
$5.1M -$106K -2,101 -2%
EFS
39
Essex Financial Services
Connecticut
$4.8M +$3.58M +70,888 +332%
ECM
40
EagleClaw Capital Management
Massachusetts
$4.6M +$85.7K +1,697 +2%
NW
41
NewEdge Wealth
Pennsylvania
$4.59M +$202 +4 +0%
IFO
42
Intrepid Family Office
Florida
$4.43M – – –
PLC
43
Pillsbury Lake Capital
California
$4.29M +$6.56M +129,975 New
OIA
44
OneDigital Investment Advisors
Kansas
$4.07M +$162K +3,209 +4%
Baird Financial Group
45
Baird Financial Group
Wisconsin
$3.92M -$2.07M -40,952 -35%
SA
46
Sanctuary Advisors
Indiana
$3.8M +$494K +9,792 +15%
Osaic Holdings
47
Osaic Holdings
Arizona
$3.24M -$105K -2,082 -3%
DC
48
Davenport & Co
Virginia
$3.11M +$186K +3,686 +7%
APG
49
Abacus Planning Group
South Carolina
$3.06M +$190K +3,770 +7%
SPIA
50
Steward Partners Investment Advisory
New York
$2.82M +$125K +2,483 +5%
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