{"entity_type":"fund","name":"Horizon Kinetics Inflation Beneficiaries ETF","identifiers":{"lei":"5493002HSH81OPEVAK36","cik":"1683471","fund_id":"S000070458","fundkey":"horizon-kinetics-inflation-beneficiaries-etf"},"dates":{"reporting_period_start":"2025-12-31","reporting_period_end":"2025-12-31","filing_date":"2026-02-25"},"summary":{"total_positions":56,"total_value_usd":1541191374.4,"asset_categories":["STIV","EC"],"by_asset_category":{"EC":{"positions":55,"total_value_usd":1476744266.28},"STIV":{"positions":1,"total_value_usd":64447108.12}}},"holdings":[{"issuer_name":"Wheaton Precious Metals Corp","title":"Wheaton Precious Metals Corp","isin":"CA9628791027","value_usd":102763483.68,"pct_val":7.7776841412,"balance":874434,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Franco-Nevada Corp","title":"Franco-Nevada Corp","isin":"CA3518581051","value_usd":67537213.28,"pct_val":5.1115736238,"balance":325826,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"US BANK MMDA - USBGFS 7","title":"US BANK MMDA - USBGFS 7","isin":null,"value_usd":64447108.12,"pct_val":4.8776981163,"balance":64447108.12,"units":"NS","currency":"USD","asset_cat":"STIV","issuer_cat":"RF","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"PrairieSky Royalty Ltd","title":"PrairieSky Royalty Ltd","isin":"CA7397211086","value_usd":62725197.83,"pct_val":4.7473748354,"balance":3180931,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Landbridge Co LLC","title":"Landbridge Co LLC","isin":"US5149521008","value_usd":61502290.95,"pct_val":4.6548187726,"balance":1255405,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Viper Energy Inc","title":"Viper Energy Inc","isin":"US64361Q1013","value_usd":61143448.11,"pct_val":4.6276596479,"balance":1582797,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Viper Energy Inc","title":"Viper Energy Inc","isin":"US9279591062","value_usd":60605614.11,"pct_val":4.8158801041,"balance":1589447,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"OR Royalties Inc","title":"OR Royalties Inc","isin":"CA68390D1069","value_usd":56743122.74,"pct_val":4.2946197429,"balance":1603366,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Intercontinental Exchange Inc","title":"Intercontinental Exchange Inc","isin":"US45866F1049","value_usd":54480104.8,"pct_val":4.1233425721,"balance":336380,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Cameco Corp","title":"Cameco Corp","isin":"CA13321L1085","value_usd":54185409.95,"pct_val":4.1010385067,"balance":592255,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Texas Pacific Land Corp","title":"Texas Pacific Land Corp","isin":"US88262P1021","value_usd":53553892.32,"pct_val":4.0532419113,"balance":186456,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"WaterBridge Infrastructure LLC","title":"WaterBridge Infrastructure LLC","isin":"US9409231050","value_usd":50236005.45,"pct_val":3.8021266788,"balance":2510545,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"DigitalBridge Group Inc","title":"DigitalBridge Group Inc","isin":"US25401T6038","value_usd":43191380.7,"pct_val":3.2689522063,"balance":2815605,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Hawaiian Electric Industries I","title":"Hawaiian Electric Industries Inc","isin":"US4198701009","value_usd":41586324.6,"pct_val":3.1474730687,"balance":3381002,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"CME Group Inc","title":"CME Group Inc","isin":"US12572Q1058","value_usd":39875687.76,"pct_val":3.0180030221,"balance":146022,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Singapore Exchange Ltd","title":"Singapore Exchange Ltd","isin":"SG1J26887955","value_usd":39461436.02,"pct_val":2.9866502587,"balance":2992182,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"SG","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Deutsche Boerse AG","title":"Deutsche Boerse AG","isin":"DE0005810055","value_usd":36387965.85,"pct_val":2.7540337753,"balance":138502,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"DE","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"TMX Group Ltd","title":"TMX Group Ltd","isin":"CA87262K1057","value_usd":34473514.65,"pct_val":2.6091379796,"balance":904740,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Cheniere Energy Inc","title":"Cheniere Energy Inc","isin":"US16411R2085","value_usd":34408973.9,"pct_val":2.6042531942,"balance":177010,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Osisko Gold Royalties Ltd","title":"Osisko Gold Royalties Ltd","isin":"CA68827L1013","value_usd":31672544.64,"pct_val":2.802053195,"balance":1499647,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Topaz Energy Corp","title":"Topaz Energy Corp","isin":"CA89055A2039","value_usd":30803090.69,"pct_val":2.331340875,"balance":1533164,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Permian Basin Royalty Trust","title":"Permian Basin Royalty Trust","isin":"US7142361069","value_usd":28887140.1,"pct_val":2.1863315975,"balance":1701245,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Marsh & McLennan Cos Inc","title":"Marsh & McLennan Cos Inc","isin":"US5717481023","value_usd":28178818.32,"pct_val":2.1327220577,"balance":151891,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Bunge Global SA","title":"Bunge Global SA","isin":"CH1300646267","value_usd":27570081.84,"pct_val":2.0866496602,"balance":309498,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Aris Water Solutions Inc","title":"Aris Water Solutions Inc","isin":"US04041L1061","value_usd":24036038.95,"pct_val":1.9099663201,"balance":1016323,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Glencore PLC","title":"Glencore PLC","isin":"JE00B4T3BW64","value_usd":22841026.39,"pct_val":1.7287297234,"balance":4177006,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CH","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Archer-Daniels-Midland Co","title":"Archer-Daniels-Midland Co","isin":"US0394831020","value_usd":20976513.74,"pct_val":1.6668484704,"balance":397433,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"ASX Ltd","title":"ASX Ltd","isin":"AU000000ASX7","value_usd":19623276.55,"pct_val":1.4851933912,"balance":572062,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"AU","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"West Fraser Timber Co Ltd","title":"West Fraser Timber Co Ltd","isin":"CA9528451052","value_usd":19475998.08,"pct_val":1.4602085445,"balance":286496,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Sandstorm Gold Ltd","title":"Sandstorm Gold Ltd","isin":"CA80013R2063","value_usd":18916682.2,"pct_val":1.5031688859,"balance":2012413,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Japan Exchange Group Inc","title":"Japan Exchange Group Inc","isin":"JP3183200009","value_usd":17811759.64,"pct_val":1.3480882072,"balance":1665814,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"JP","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Sprott Inc","title":"Sprott Inc","isin":"CA8520662088","value_usd":17692381.44,"pct_val":1.3390530334,"balance":180682,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"St Joe Co/The","title":"St Joe Co/The","isin":"US7901481009","value_usd":16998580.92,"pct_val":1.2865425393,"balance":286316,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Sitio Royalties Corp","title":"Sitio Royalties Corp","isin":"US82983N1081","value_usd":16353972.6,"pct_val":1.2995292998,"balance":889770,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Brookfield Corp","title":"Brookfield Corp","isin":"CA11271J1075","value_usd":16040574.16,"pct_val":1.2140355192,"balance":349544,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Miami International Holdings I","title":"Miami International Holdings Inc","isin":"US59356Q1085","value_usd":15705327.54,"pct_val":1.1886622813,"balance":353883,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Deterra Royalties Ltd","title":"Deterra Royalties Ltd","isin":"AU0000107484","value_usd":15427579.55,"pct_val":1.1676408439,"balance":5684286,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"AU","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Mesabi Trust","title":"Mesabi Trust","isin":"US5906721015","value_usd":15175762.92,"pct_val":1.148582029,"balance":393971,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Royalty Pharma PLC","title":"Royalty Pharma PLC","isin":"GB00BMVP7Y09","value_usd":13197453.36,"pct_val":0.9988530948,"balance":341549,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Triple Flag Precious Metals Co","title":"Triple Flag Precious Metals Corp","isin":"CA89679M1041","value_usd":12830228.4,"pct_val":0.9710595669,"balance":386220,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Altius Minerals Corp","title":"Altius Minerals Corp","isin":"CA0209361009","value_usd":11289924.9,"pct_val":0.8544812486,"balance":378934,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Tejon Ranch Co","title":"Tejon Ranch Co","isin":"US8790801091","value_usd":10802229.22,"pct_val":0.8175698593,"balance":684986,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Wilmar International Ltd","title":"Wilmar International Ltd","isin":"SG1T56930848","value_usd":10625453.93,"pct_val":0.8041905701,"balance":4436472,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"SG","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"CACI International Inc","title":"CACI International Inc","isin":"US1271903049","value_usd":9821714.56,"pct_val":0.8689218683,"balance":26768,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"San Juan Basin Royalty Trust","title":"San Juan Basin Royalty Trust","isin":"US7982411057","value_usd":7212398.9,"pct_val":0.5458725078,"balance":1283345,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"London Stock Exchange Group PL","title":"London Stock Exchange Group PLC","isin":"GB00B0SWJX34","value_usd":6508914.47,"pct_val":0.4926290842,"balance":54057,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Labrador Iron Ore Royalty Corp","title":"Labrador Iron Ore Royalty Corp","isin":"CA5054401073","value_usd":6297683.37,"pct_val":0.4766419969,"balance":289004,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Sabine Royalty Trust","title":"Sabine Royalty Trust","isin":"US7856881021","value_usd":5842232.57,"pct_val":0.4421710707,"balance":85201,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Clarkson PLC","title":"Clarkson PLC","isin":"GB0002018363","value_usd":5663412.58,"pct_val":0.4286370278,"balance":110369,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Evolve Royalties Ltd","title":"Evolve Royalties Ltd","isin":"CA2999441082","value_usd":4808043.04,"pct_val":0.3638981354,"balance":1781250,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Dorchester Minerals LP","title":"Dorchester Minerals LP","isin":"US25820R1059","value_usd":4129713.12,"pct_val":0.3125585382,"balance":184692,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Metalla Royalty & Streaming Lt","title":"Metalla Royalty & Streaming Ltd","isin":"CA59124U6051","value_usd":3034200,"pct_val":0.2296443092,"balance":390000,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Toei Animation Co Ltd","title":"Toei Animation Co Ltd","isin":"JP3560200002","value_usd":2218298.99,"pct_val":0.167892604,"balance":127599,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"JP","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"IG Port Inc","title":"IG Port Inc","isin":"JP3833770005","value_usd":2189671.12,"pct_val":0.1657258954,"balance":262000,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"JP","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Lithium Royalty Corp","title":"Lithium Royalty Corp","isin":"CA53680W1059","value_usd":693780.78,"pct_val":0.0525090001,"balance":100000,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Fermi Inc","title":"Fermi Inc","isin":"US3149111086","value_usd":530696,"pct_val":0.0401658811,"balance":66337,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"}],"source_documents":[{"label":"SEC NPORT-P Filings","url":"https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1683471&type=NPORT&dateb=&owner=exclude&count=40"}],"dataset":{"json":"https://dealcharts.org/llm/facts/fund/horizon-kinetics-inflation-beneficiaries-etf.json","page":"https://dealcharts.org/capitalmarkets/funds/horizon-kinetics-inflation-beneficiaries-etf/"},"provenance":{"curator":"CMD+RVL","curator_url":"https://cmdrvl.com","platform":"Dealcharts","platform_url":"https://dealcharts.org/","source":"SEC NPORT-P Public Filings","license":"CC-BY 4.0","license_url":"https://creativecommons.org/licenses/by/4.0/","attribution":"Data curated by CMD+RVL from SEC NPORT-P public filings"},"citation":"Fund: Horizon Kinetics Inflation Beneficiaries ETF | LEI: 5493002HSH81OPEVAK36 | 56 positions totaling $1,541,191,374 across STIV, EC | Filing: Tue Feb 24 2026 19:00:00 GMT-0500 (Eastern Standard Time) | Source: SEC NPORT-P via Dealcharts.org","updated_at":"2026-02-25"}
