Horizon Kinetics Japan Owner Operator ETF
JAPN
14 hedge funds and large institutions have $10.5M invested in Horizon Kinetics Japan Owner Operator ETF in 2025 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 5 increasing their positions, reducing their positions, and 3 closing their positions.
210% more capital invested
Capital invested by funds: $3.41M → $10.5M (+$7.14M)
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
56% more funds holding
Funds holding: 9 → 14 (+5)
9.49% more ownership
Funds ownership: 40.51% → 50% (+9.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HKAM
Horizon Kinetics Asset Management
New York
|
+$4.32M |
| 2 |
PHS
Pekin Hardy Strauss
Chicago,
Illinois
|
+$1.35M |
| 3 |
OCPWS
One Charles Private Wealth Services
Hingham,
Massachusetts
|
+$565K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$465K |
| 5 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
+$434K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$744K |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$217K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1K |
JAPN Hedge Fund Activity: Q3 2025 in Review
14 of the 7,640 institutional investors tracked by Wall St. Rank reported a position in Horizon Kinetics Japan Owner Operator ETF (JAPN) for Q3 2025, worth a combined $10.5M — up 210% from $3.41M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new JAPN positions and 3 closed out — a net gain of 5 holders — while 5 added to existing stakes and 0 trimmed.
The largest buyer was Horizon Kinetics Asset Management, adding an estimated $4.32M. The largest seller was Jane Street, exiting entirely with an estimated $744K sold.
- 14 institutional investors held Horizon Kinetics Japan Owner Operator ETF (JAPN) as of Q3 2025, up from 9 in Q2 2025.
- Funds reported $10.5M of Horizon Kinetics Japan Owner Operator ETF stock for Q3 2025, up 210% quarter-over-quarter.
- 8 funds opened new Horizon Kinetics Japan Owner Operator ETF positions in Q3 2025 and 3 closed out, a net change of +5 holders.
- The largest Horizon Kinetics Japan Owner Operator ETF buyer in Q3 2025 was Horizon Kinetics Asset Management, an estimated $4.32M added.
- The largest Horizon Kinetics Japan Owner Operator ETF seller in Q3 2025 was Jane Street, an estimated $744K sold.
Based on aggregated 13F filings for Q3 2025.