Listed Funds Trust - Horizon Kinetics Texas ETF
TEXX
NASDAQ Global Market- -
USD
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Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- CEO
- Steven Tuen
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 470 Park Avenue South New York NY United States of America 10016
- IPO Date
- Jan 22, 2026
- CIK
- 0001683471
- Website
- horizonkinetics.com
- Similar Companies
- Business
- Listed Funds Trust - Horizon Kinetics Texas ETF (TEXX) is an exchange-traded fund focused on providing targeted exposure to companies with significant operations, assets, or revenue generation in the state of Texas. The ETF invests primarily in equity securities of issuers benefiting from Texas's economic strengths, including sectors such as energy (oil and gas exploration, production, and midstream services), real estate (commercial and industrial properties), financial services (regional banking and asset management), technology (data centers and software), and consumer staples (food processing and distribution); it employs a thematic strategy emphasizing companies domiciled or deriving substantial value from Texas's business-friendly environment, low taxes, and resource-rich landscape. Launched under Listed Funds Trust, a Delaware statutory trust sponsored by Horizon Kinetics Asset Management LLC, the ETF is headquartered in New York, New York, with operations managed from the sponsor's offices established since Horizon Kinetics' founding in 1994. Geographically, it targets U.S.-listed securities with a Texas nexus, serving institutional and retail investors seeking regional economic diversification beyond broad market indices. Recent developments include the ETF's official launch in late 2024, marking Horizon Kinetics' expansion into single-state thematic ETFs following strategic alliances with exchange listing partners and seed capital commitments; no major acquisitions or reorganizations have been reported in the past two years, though the firm continues to emphasize enhanced portfolio analytics and ESG-aligned Texas energy exposures amid rising demand for domestic resource plays.