Horizon Kinetics Japan Owner Operator ETF (JAPN)

Assets	$11.42M
Expense Ratio	0.85%
PE Ratio	20.74
Shares Out	400,000
Dividend (ttm)	n/a
Dividend Yield	n/a
Ex-Dividend Date	n/a
Payout Frequency	n/a
Payout Ratio	n/a

Volume	23,324
Open	28.82
Previous Close	28.84
Day's Range	28.71 - 28.90
52-Week Low	25.00
52-Week High	30.25
Beta	n/a
Holdings	33
Inception Date	May 12, 2025

About JAPN

Fund Home Page

The Horizon Kinetics Japan Owner Operator ETF (JAPN) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing in a portfolio of Japanese companies that are owner-operated, or whose owners have significant stakes in their companies. The fund seeks long-term capital growth. JAPN was launched on May 12, 2025 and is issued by Horizon Kinetics.

• Asset Class: Equity
• Category: Japan Stock
• Region: Global
• Stock Exchange: NASDAQ
• Ticker Symbol: JAPN
• ETF Provider: Horizon Kinetics

Top 10 Holdings

54.97% of assets

Name	Symbol	Weight
DEPOSITS WITH BROKER FOR SHORT POSITIONS	n/a	12.41%
Furuno Electric Co., Ltd.	6814	6.19%
oRo Co., Ltd.	3983	4.99%
Japan Elevator Service Holdings Co.,Ltd.	6544	4.98%
ULS Group, Inc.	3798	4.96%
YONEX Co., Ltd.	7906	4.62%
Visional, Inc.	4194	4.50%
Resorttrust, Inc.	4681	4.31%
Pan Pacific International Holdings Corporation	7532	4.03%
Hikari Tsushin, Inc.	9435	4.00%