Horizon Kinetics Japan Owner Operator ETF (JAPN) Holdings
JAPN holdings summary
as of Oct 25, 2026- Holdings
- 33 positions listed
- Top 10 weight
- 46.7% of net assets
- Effective holdings
- 24 equal-weight equivalent
- Largest holding
- 6814 10.56% Furuno Electric Co Ltd
- Annual turnover
- — of the portfolio traded
All JAPN holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | 6814 | Furuno Electric Co Ltd | Technology | 10.56% | $2.7M | — | — |
| 2 | 4419 | Finatext Holdings Ltd. | Technology | 4.67% | $1.2M | — | — |
| 3 | 6080 | M&A Capital Partners Co Ltd | Financial Services | 4.66% | $1.2M | — | — |
| 4 | 6238 | FuRyu Corp | Consumer Cyclical | 4.11% | $1.1M | — | — |
| 5 | 4681 | Resorttrust Inc | Consumer Cyclical | 4.00% | $1.0M | — | — |
| 6 | 6544 | Japan Elevator Service Holdings Co Ltd | Industrials | 3.89% | $1.0M | — | — |
| 7 | 6036 | KeePer Technical Laboratory Co Ltd | Basic Materials | 3.75% | $964,419.71 | — | — |
| 8 | 4194 | Visional Inc | Communication Services | 3.74% | $960,591.53 | — | — |
| 9 | 3798 | ULS Group Inc | Technology | 3.67% | $943,506.01 | — | — |
| 10 | 4733 | Obic Business Consultants Co Ltd | Technology | 3.65% | $938,110.58 | — | — |
| 11 | 2767 | Fields Corp | Consumer Cyclical | 3.60% | $926,035.10 | — | — |
| 12 | 3774 | Internet Initiative Japan Inc | Communication Services | 3.58% | $920,691.06 | — | — |
| 13 | 9435 | Hikari Tsushin Inc | Industrials | 3.56% | $914,653.32 | — | — |
| 14 | 2222 | Kotobuki Spirits Co Ltd | Consumer Defensive | 3.54% | $909,103.74 | — | — |
| 15 | 6460 | Sega Sammy Holdings | Communication Services | 3.04% | $781,360.58 | — | — |
| 16 | 3983 | Oro Co Ltd | Technology | 3.00% | $770,646.81 | — | — |
| 17 | 7532 | Pan Pacific International Holdings Corp | Consumer Defensive | 2.91% | $746,881.24 | — | — |
| 18 | 7906 | Yonex Co Ltd | Consumer Cyclical | 2.60% | $667,671.23 | — | — |
| 19 | 7818 | Transaction Co Ltd | Consumer Defensive | 2.23% | $573,765.11 | — | — |
| 20 | 9467 | Alphapolis Co Ltd | Communication Services | 2.22% | $570,476.47 | — | — |
| 21 | 3791 | IG Port Inc | Communication Services | 2.04% | $524,563.96 | — | — |
| 22 | 7849 | Starts Publishing Corp | Communication Services | 1.94% | $499,359.60 | — | — |
| 23 | 3132 | Macnica Fuji Electronics Holdings Inc | Technology | 1.90% | $487,566.74 | — | — |
| 24 | 8136 | Sanrio Co Ltd | Consumer Cyclical | 1.85% | $474,592.03 | — | — |
| 25 | 2413 | M3 Inc | Healthcare | 1.83% | $470,892.30 | — | — |
| 26 | 3696 | Ceres Inc | Industrials | 1.60% | $411,465.53 | — | — |
| 27 | 7383 | Net Protections Holdings Inc. | Financial Services | 1.45% | $371,616.45 | — | — |
| 28 | 6315 | Towa Corp | Technology | 1.32% | $338,986.96 | — | — |
| 29 | 7867 | Tomy Co Ltd | Consumer Cyclical | 1.29% | $331,150.75 | — | — |
| 30 | 4431 | Smaregi Inc | Technology | 1.17% | $301,347.44 | — | — |
| 31 | 9418 | Usen Next Holdings Co Ltd | Industrials | 1.10% | $281,769.75 | — | — |
| 32 | 4819 | Digital Garage Inc | Technology | 0.99% | $253,610.76 | — | — |
| 33 | 6323 | Rorze Corp | Technology | 0.92% | $236,987.70 | — | — |
Weights as a percentage of net assets. Value held = weight × net assets ($25.7M). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
JAPN sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Technology | 31.8% | 10 | 6814, 4419, 3798 |
| Consumer Cyclical | 17.4% | 6 | 6238, 4681, 2767 |
| Communication Services | 16.6% | 6 | 4194, 3774, 6460 |
| Industrials | 10.2% | 4 | 6544, 9435, 3696 |
| Consumer Defensive | 8.7% | 3 | 2222, 7532, 7818 |
| Financial Services | 6.1% | 2 | 6080, 7383 |
| Basic Materials | 3.8% | 1 | 6036 |
| Healthcare | 1.8% | 1 | 2413 |
Sum of the weights of the holdings in each sector.
JAPN top industries
JAPN overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| VXUS | Vanguard Total International Stock ETF | 0.2% | 25 of 8,035 | 0.05% |
| VTI | Vanguard Total Stock Market ETF | 0.0% | 0 of 2,941 | 0.03% |
| SPY | SPDR S&P 500 ETF | 0.0% | 0 of 502 | 0.09% |
| QQQ | Invesco QQQ ETF | 0.0% | 0 of 101 | 0.17% |
| IWM | iShares Russell 2000 ETF | 0.0% | 0 of 1,962 | 0.19% |
| DIA | SPDR Dow Jones Industrial Average ETF | 0.0% | 0 of 30 | 0.16% |
Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.
About the JAPN portfolio
Horizon Kinetics Japan Owner Operator ETF holds 33 positions. The ten largest make up 46.7% of the fund, so it behaves like a portfolio of about 24 equally weighted positions. The biggest positions are Furuno Electric Co Ltd (10.56%), Finatext Holdings Ltd. (4.67%), M&A Capital Partners Co Ltd (4.66%), FuRyu Corp (4.11%), Resorttrust Inc (4.00%).
By sector, Technology is 31.8%, Consumer Cyclical is 17.4%, Communication Services is 16.6%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 25, 2026; positions change as the fund rebalances.
Related: JAPN chart, JAPN performance, JAPN dividends, JAPN overview.
JAPN holdings FAQ
How many holdings does JAPN have?
JAPN holds 33 positions as of October 25, 2026.
What are the top 10 holdings of JAPN?
The ten largest holdings are Furuno Electric Co Ltd (10.56%), Finatext Holdings Ltd. (4.67%), M&A Capital Partners Co Ltd (4.66%), FuRyu Corp (4.11%), Resorttrust Inc (4.00%), Japan Elevator Service Holdings Co Ltd (3.89%), KeePer Technical Laboratory Co Ltd (3.75%), Visional Inc (3.74%), ULS Group Inc (3.67%), Obic Business Consultants Co Ltd (3.65%). Together they are 46.7% of the fund.
What percentage of JAPN is Furuno Electric Co Ltd?
Furuno Electric Co Ltd is the largest holding at 10.56% of net assets, about $2.7M of the fund's $25.7M.
Which sector is the largest in JAPN?
Technology is the largest sector at 31.8%, followed by Consumer Cyclical (17.4%) and Communication Services (16.6%), based on the sectors of the individual holdings.
How concentrated is JAPN?
The top 10 holdings are 46.7% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) JAPN behaves like a portfolio of about 24 equally weighted positions.