We are live on ! Find out more
HKAM

Horizon Kinetics Asset Management Portfolio holdings

AUM $9.23B
1-Year Est. Return 27.52%
This Fund
S&P 500
This Quarter Est. Return
+12.14%
1 Year Est. Return
+27.52%
3 Year Est. Return
+184.83%
5 Year Est. Return
+256.84%
10 Year Est. Return
–
AUM
$8.81B
AUM Growth
+$782M
Cap. Flow
-$7.67M
Cap. Flow %
-0.09%
Top 10 Hldgs %
80.59%
Holding
356
New
7
Increased
90
Reduced
124
Closed
9

Top Buys

Rank Stock Value
1
HE icon
Hawaiian Electric Industries
HE
+$104M
2
ARIS
Aris Water Solutions
ARIS
+$35M
3
VUSB icon
Vanguard Ultra-Short Bond ETF
VUSB
+$11.2M
4
LB
LandBridge Co
LB
+$6.2M
5
FNV icon
Franco-Nevada
FNV
+$4.02M

Top Sells

Rank Stock Value
1
CACI icon
CACI
CACI
+$65M
2
SAIC icon
Saic
SAIC
+$38.3M
3
GBTC icon
Grayscale Bitcoin Trust
GBTC
+$34.8M
4
TPL icon
Texas Pacific Land
TPL
+$15.4M
5
DBRG icon
DigitalBridge
DBRG
+$10.9M

Sector Composition

Rank Sector Weight
1 Energy 62.8%
2 Materials 6.67%
3 Financials 6.43%
4 Consumer Discretionary 2.29%
5 Utilities 2.14%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
RTX icon
101
RTX Corp
RTX
$301B
$2.72M 0.03%
20,519
-99
-0.5% -$12.6K
CAT icon
102
Caterpillar
CAT
$387B
$2.61M 0.03%
7,918
-25
-0.3% -$8.9K
EMR icon
103
Emerson Electric
EMR
$88.3B
$2.57M 0.03%
23,462
-200
-0.8% -$24.1K
PFE icon
104
Pfizer
PFE
$153B
$2.53M 0.03%
100,026
-677
-0.7% -$17.7K
LBRT icon
105
Liberty Energy
LBRT
$3.25B
$2.52M 0.03%
158,914
-65,935
-29% -$1.18M
NVDA icon
106
NVIDIA
NVDA
$5.42T
$2.39M 0.03%
22,060
-2,100
-9% -$266K
LVS icon
107
Las Vegas Sands
LVS
$29.6B
$2.39M 0.03%
61,780
+1,385
+2% +$61.2K
FIS icon
108
Fidelity National Information Services
FIS
$22.1B
$2.27M 0.03%
30,440
+100
+0.3% +$7.52K
WPC icon
109
W.P. Carey
WPC
$16.4B
$2.19M 0.02%
34,750
-400
-1% -$23.7K
VRSK icon
110
Verisk Analytics
VRSK
$25B
$2.08M 0.02%
7,000
– –
OPLN
111
Openlane
OPLN
$4.54B
$2.06M 0.02%
106,857
– –
EQT icon
112
EQT Corp
EQT
$32.3B
$2.05M 0.02%
+38,404
New +$1.96M
BAC icon
113
Bank of America
BAC
$442B
$2.04M 0.02%
48,950
-275
-0.6% -$12.3K
RCG
114
RENN Fund
RCG
$21M
$2.04M 0.02%
800,989
+75,092
+10% +$200K
SPHR icon
115
Sphere Entertainment
SPHR
$5.73B
$2.04M 0.02%
62,205
+797
+1% +$32.4K
CRAI icon
116
CRA International
CRAI
$1.06B
$2.01M 0.02%
11,594
-934
-7% -$173K
HON icon
117
Honeywell
HON
$78B
$2.01M 0.02%
10,059
– –
SON icon
118
Sonoco
SON
$5.74B
$1.97M 0.02%
41,730
+2,200
+6% +$104K
PFN
119
PIMCO Income Strategy Fund II
PFN
$703M
$1.94M 0.02%
257,327
– –
BATRK icon
120
Atlanta Braves Holdings Series B
BATRK
$3.21B
$1.91M 0.02%
47,684
-4,461
-9% -$174K
TD icon
121
Toronto Dominion Bank
TD
$200B
$1.87M 0.02%
31,250
+300
+1% +$17.5K
NRP icon
122
Natural Resource Partners
NRP
$1.42B
$1.87M 0.02%
18,025
-370
-2% -$38.7K
FTLF icon
123
FitLife Brands
FTLF
$94.2M
$1.87M 0.02%
154,456
– –
TEF
124
DELISTED
Telefonica
TEF
$1.82M 0.02%
390,578
-699
-0.2% -$3K
WT icon
125
WisdomTree
WT
$3.22B
$1.79M 0.02%
201,093
-3,245
-2% -$30.2K
3 4
5
6 7

Similar funds

SUT
SC US (TTGP) Menlo Park, California $9.25B AUM 20.49% 1-Year Est. Return
LCAM
London & Capital Asset Management London, United Kingdom $9.18B AUM 25.04% 1-Year Est. Return
IAA
Independent Advisor Alliance Charlotte, North Carolina $9.32B AUM 33.19% 1-Year Est. Return
SFM
Soros Fund Management New York $9.12B AUM 30.69% 1-Year Est. Return
WPL
WINDACRE PARTNERSHIP LLC Houston, Texas $9.34B AUM 17.41% 1-Year Est. Return
PVI
Partners Value Investments Hamilton, Bermuda $9.34B AUM 12.2% 1-Year Est. Return
AC
Allstate Corporation Northbrook, Illinois $9.35B AUM 16.13% 1-Year Est. Return
NPT
National Philanthropic Trust Jenkintown, Pennsylvania $9.38B AUM 33.37% 1-Year Est. Return

Horizon Kinetics Asset Management's Q1 2025 Portfolio in Review

As of Q1 2025, Horizon Kinetics Asset Management held 356 positions worth $8.81B, up 9.7% from $8.03B the previous quarter. Its ten largest holdings account for 81% of the portfolio.

Trading was light in Q1 2025: portfolio turnover was 4.5%. Horizon Kinetics Asset Management opened 7 new positions and exited 9, leaving the 356-position portfolio largely intact.

By sector, the portfolio is most concentrated in Energy at 63% of assets, up from 59% a quarter earlier, followed by Materials and Financials.

  • Horizon Kinetics Asset Management's largest Q1 2025 buy was EQT Corp: 38,404 shares worth $2.05M.
  • Horizon Kinetics Asset Management added most to Hawaiian Electric Industries in Q1 2025, an estimated $104M increase.
  • Horizon Kinetics Asset Management's biggest Q1 2025 reduction was CACI, cutting an estimated $65M.
  • Horizon Kinetics Asset Management fully exited Marex Group Limited Ordinary Shares in Q1 2025, selling an estimated $4.41M.
  • Horizon Kinetics Asset Management's ten largest holdings make up 81% of its $8.81B portfolio in Q1 2025.
  • Horizon Kinetics Asset Management opened 7 new positions and closed 9 in Q1 2025.
  • Horizon Kinetics Asset Management's portfolio value rose 9.7% quarter-over-quarter to $8.81B.

Based on Horizon Kinetics Asset Management's 13F filing for Q1 2025, filed 15 May 2025.