Horizon Kinetics Inflation Beneficiaries ETF (INFL)

INFL Holdings List

As of Aug 12, 2025

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No.	Symbol	Name	% Weight	Shares
1	TSX: WPM	Wheaton Precious Metals Corp.	8.61%	1,125,691
2	n/a	US BANK MMDA - USBGFS 7	5.44%	68,560,354
3	LB	LandBridge Company LLC	5.19%	1,251,189
4	ICE	Intercontinental Exchange, Inc.	4.91%	338,918
5	VNOM	Viper Energy, Inc.	4.83%	1,594,767
6	TSX: FNV	Franco-Nevada Corporation	4.63%	328,283
7	TSX: PSK	PrairieSky Royalty Ltd.	4.42%	3,204,988
8	TPL	Texas Pacific Land Corporation	4.26%	62,620
9	OR.NE	OR Royalties Inc	3.94%	1,615,489
10	CCJ	Cameco Corporation	3.71%	596,728
11	ETR: DB1	Deutsche Börse AG	3.62%	154,914
12	LNG	Cheniere Energy, Inc.	3.25%	178,342
13	CME	CME Group Inc.	3.22%	147,120
14	HE	Hawaiian Electric Industries, Inc.	3.10%	3,406,571
15	TSX: X	TMX Group Limited	2.97%	911,580
16	SGX: S68	Singapore Exchange Limited	2.91%	3,014,808
17	MMC	Marsh & McLennan Companies, Inc.	2.48%	153,034
18	DBRG	DigitalBridge Group, Inc.	2.46%	2,836,899
19	PBT	Permian Basin Royalty Trust	2.17%	1,665,275
20	BG	Bunge Global SA	2.04%	311,838
21	ASX: ASX	ASX Limited	1.95%	578,328
22	ARIS	Aris Water Solutions, Inc.	1.92%	1,019,723
23	TSX: WFG	West Fraser Timber Co. Ltd.	1.65%	287,213
24	LON: GLEN	Glencore plc	1.52%	4,818,983
25	TYO: 8697	Japan Exchange Group, Inc.	1.42%	1,678,405

As of Aug 12, 2025