Horizon Kinetics Asset Management’s Brookfield Infrastructure Partners BIP Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-27,171	Closed	-$910K	–	337
2025 Q2	$910K	Sell	27,171 -800	-3%	-$25.1K	0.01%	187
2025 Q1	$833K	Sell	27,971 -200	-0.7%	-$6.27K	0.01%	192
2024 Q4	$896K	Sell	28,171 -2,200	-7%	-$75K	0.01%	189
2024 Q3	$1.06M	Sell	30,371 -700	-2%	-$22K	0.02%	175
2024 Q2	$853K	Sell	31,071 -2,700	-8%	-$76.9K	0.01%	174
2024 Q1	$1.05M	Sell	33,771 -3,800	-10%	-$115K	0.02%	158
2023 Q4	$1.18M	Sell	37,571 -3,897	-9%	-$106K	0.02%	146
2023 Q3	$1.22M	Sell	41,468 -1,700	-4%	-$56.3K	0.02%	135
2023 Q2	$1.58M	Sell	43,168 -2,462	-5%	-$87.8K	0.03%	119
2023 Q1	$1.54M	Sell	45,630 -8,750	-16%	-$295K	0.03%	117
2022 Q4	$1.69M	Sell	54,380 -1,425	-3%	-$49.8K	0.03%	114
2022 Q3	$2M	Sell	55,805 -339	-0.6%	-$13.6K	0.04%	95
2022 Q2	$2.15M	Sell	56,144 -151	-0.3%	-$6.2K	0.05%	101
2022 Q1	$2.49M	Sell	56,295 -1,800	-3%	-$72.6K	0.05%	106
2021 Q4	$2.35M	Sell	58,095 -600	-1%	-$23.2K	0.05%	111
2021 Q3	$2.2M	Hold	58,695	–	–	0.05%	113
2021 Q2	$2.17M	Sell	58,695 -393	-0.7%	-$14.2K	0.04%	116
2021 Q1	$2.1M	Sell	59,088 -2,415	-4%	-$84.2K	0.05%	115
2020 Q4	$2.02M	Sell	61,503 -5,756	-9%	-$187K	0.07%	112
2020 Q3	$2.13M	Buy	67,259 +6,269	+10%	+$185K	0.09%	104
2020 Q2	$1.67M	Sell	60,990 -9,302	-13%	-$248K	0.06%	115
2020 Q1	$1.69M	Sell	70,292 -19,900	-22%	-$581K	0.08%	98
2019 Q4	$2.68M	Sell	90,192 -12,268	-12%	-$368K	0.08%	84
2019 Q3	$3.03M	Sell	102,460 -20,370	-17%	-$552K	0.09%	76
2019 Q2	$3.14M	Hold	122,830	–	–	0.09%	83
2019 Q1	$3.06M	Buy	+122,830	New	+$2.89M	0.09%	87