Horizon Kinetics Japan Owner Operator ETF
JAPN
15 hedge funds and large institutions have $13.2M invested in Horizon Kinetics Japan Owner Operator ETF in 2025 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
25% more capital invested
Capital invested by funds: $10.5M → $13.2M (+$2.61M)
7% more funds holding
Funds holding: 14 → 15 (+1)
2.49% more ownership
Funds ownership: 50% → 52.49% (+2.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$1.37M |
| 2 |
Jane Street
New York
|
+$696K |
| 3 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
+$614K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$457K |
| 5 |
OCPWS
One Charles Private Wealth Services
Hingham,
Massachusetts
|
+$427K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
-$1.08M |
| 2 |
QCM
Quantinno Capital Management
New York
|
-$249K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$5.6K |
JAPN Hedge Fund Activity: Q4 2025 in Review
15 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Horizon Kinetics Japan Owner Operator ETF (JAPN) for Q4 2025, worth a combined $13.2M — up 25% from $10.5M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new JAPN positions and 3 closed out — a net gain of 1 holder — while 9 added to existing stakes and 0 trimmed.
The largest buyer was HighTower Advisors, opening a new position worth an estimated $1.37M. The largest seller was Scotia Capital, exiting entirely with an estimated $1.08M sold.
- 15 institutional investors held Horizon Kinetics Japan Owner Operator ETF (JAPN) as of Q4 2025, up from 14 in Q3 2025.
- Funds reported $13.2M of Horizon Kinetics Japan Owner Operator ETF stock for Q4 2025, up 25% quarter-over-quarter.
- 4 funds opened new Horizon Kinetics Japan Owner Operator ETF positions in Q4 2025 and 3 closed out, a net change of +1 holder.
- The largest Horizon Kinetics Japan Owner Operator ETF buyer in Q4 2025 was HighTower Advisors, an estimated $1.37M added.
- The largest Horizon Kinetics Japan Owner Operator ETF seller in Q4 2025 was Scotia Capital, an estimated $1.08M sold.
Based on aggregated 13F filings for Q4 2025.