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
+18.34%
1 Year Est. Return
+27.52%
3 Year Est. Return
+184.83%
5 Year Est. Return
+256.84%
10 Year Est. Return
–
AUM
$5.05B
AUM Growth
+$406M
Cap. Flow
-$225M
Cap. Flow %
-4.46%
Top 10 Hldgs %
72.02%
Holding
345
New
11
Increased
64
Reduced
153
Closed
14

Top Buys

Rank Stock Value
1
BUR icon
Burford Capital
BUR
+$5.12M
2
LLYVK icon
Liberty Live Group Series C
LLYVK
+$3.25M
3
SPAQ icon
Horizon Kinetics SPAC Active ETF
SPAQ
+$1.93M
4
MSB
Mesabi Trust
MSB
+$1.78M
5
LLYVA icon
Liberty Live Group Series A
LLYVA
+$1.38M

Top Sells

Rank Stock Value
1
SVXY icon
ProShares Short VIX Short-Term Futures ETF
SVXY
+$60.1M
2
TPL icon
Texas Pacific Land
TPL
+$39.7M
3
STR
Sitio Royalties
STR
+$12.7M
4
WPM icon
Wheaton Precious Metals
WPM
+$7.44M
5
ADM icon
Archer Daniels Midland
ADM
+$7.18M

Sector Composition

Rank Sector Weight
1 Energy 56.85%
2 Materials 8.62%
3 Financials 8.12%
4 Consumer Discretionary 4.41%
5 Technology 3.98%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
TPL icon
1
Texas Pacific Land
TPL
$27.4B
$2.52B 49.85%
12,424,239
-210,564
-2% -$39.7M
CACI icon
2
CACI
CACI
$11B
$133M 2.64%
423,942
-16,135
-4% -$5.4M
WPM icon
3
Wheaton Precious Metals
WPM
$50.9B
$129M 2.55%
3,170,058
-172,480
-5% -$7.44M
FNV icon
4
Franco-Nevada
FNV
$41.4B
$128M 2.53%
956,749
-48,305
-5% -$6.83M
LNG icon
5
Cheniere Energy
LNG
$53.6B
– –
0
– –
ICE icon
6
Intercontinental Exchange
ICE
$84.1B
$96.1M 1.9%
873,766
-50,240
-5% -$5.76M
CVEO icon
7
Civeo
CVEO
$377M
$84.2M 1.67%
4,062,279
-7,408
-0.2% -$144K
PBT
8
Permian Basin Royalty Trust
PBT
$1.29B
$83.9M 1.66%
3,946,450
-46,953
-1% -$1.06M
CBOE icon
9
Cboe Global Markets
CBOE
$30.2B
$63.4M 1.25%
405,573
+327
+0.1% +$48.1K
MSB
10
Mesabi Trust
MSB
$297M
$61.2M 1.21%
3,049,352
+92,922
+3% +$1.78M
ADM icon
11
Archer Daniels Midland
ADM
$40.1B
$61M 1.21%
808,164
-88,607
-10% -$7.18M
AN icon
12
AutoNation
AN
$7.1B
$47.1M 0.93%
310,964
-3,580
-1% -$571K
SAIC icon
13
Saic
SAIC
$5.01B
$44.8M 0.89%
424,174
-7,192
-2% -$828K
CME icon
14
CME Group
CME
$92.3B
$44M 0.87%
219,976
-11,451
-5% -$2.28M
VNOM icon
15
Viper Energy
VNOM
$8.4B
$43.7M 0.86%
1,566,021
-244,444
-14% -$6.73M
AC
16
DELISTED
Associated Capital Group
AC
$43.1M 0.85%
1,180,366
-41,702
-3% -$1.52M
HHH icon
17
Howard Hughes
HHH
$3.93B
$42.9M 0.85%
607,521
-21,885
-3% -$1.65M
CRL icon
18
Charles River Laboratories
CRL
$10.8B
$42M 0.83%
214,235
-18,265
-8% -$3.75M
BN icon
19
Brookfield
BN
$103B
$40.2M 0.8%
1,927,536
-42,504
-2% -$957K
BG icon
20
Bunge Global
BG
$22.8B
$38.3M 0.76%
353,786
-48,286
-12% -$5.29M
LYV icon
21
Live Nation Entertainment
LYV
$41.7B
$34.5M 0.68%
415,374
-27,092
-6% -$2.36M
MRSH
22
Marsh
MRSH
$87.5B
$34.3M 0.68%
180,010
-28,664
-14% -$5.49M
JOE icon
23
St. Joe Company
JOE
$3.56B
$33.4M 0.66%
613,947
-49,466
-7% -$2.86M
PAG icon
24
Penske Automotive Group
PAG
$14.2B
$32.8M 0.65%
196,169
-1,193
-0.6% -$200K
STR
25
DELISTED
Sitio Royalties
STR
$29.5M 0.58%
1,217,286
-494,815
-29% -$12.7M
1
2 3 4 5

Similar funds

SUT
SC US (TTGP) Menlo Park, California $9.25B AUM 20.49% 1-Year Est. Return
AAB
ABN AMRO Bank Amsterdam, Netherlands $9.27B AUM 20.48% 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
RWP
RWA Wealth Partners Newton, Massachusetts $9.14B AUM 16.57% 1-Year Est. Return
MIH
Meitav Investment House Bene-Beraq, Israel $9.12B AUM 42.07% 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

Horizon Kinetics Asset Management's Q3 2023 Portfolio in Review

As of Q3 2023, Horizon Kinetics Asset Management held 345 positions worth $5.05B, up 8.7% from $4.64B the previous quarter. Its ten largest holdings account for 72% of the portfolio.

Horizon Kinetics Asset Management withdrew a net $225M in Q3 2023, closing 14 positions and reducing 153 holdings. Its most notable exit was ABB Ltd, an estimated $1.17M position sold in full.

By sector, the portfolio is most concentrated in Energy at 57% of assets, up from 48% a quarter earlier, followed by Materials and Financials.

Against the trend, Horizon Kinetics Asset Management opened a new position in Burford Capital worth $5.27M.

  • Horizon Kinetics Asset Management's largest Q3 2023 buy was Burford Capital: 376,073 shares worth $5.27M.
  • Horizon Kinetics Asset Management added most to Horizon Kinetics SPAC Active ETF in Q3 2023, an estimated $1.93M increase.
  • Horizon Kinetics Asset Management's biggest Q3 2023 reduction was ProShares Short VIX Short-Term Futures ETF, cutting an estimated $60.1M.
  • Horizon Kinetics Asset Management fully exited ABB Ltd in Q3 2023, selling an estimated $1.17M.
  • Horizon Kinetics Asset Management's ten largest holdings make up 72% of its $5.05B portfolio in Q3 2023.
  • Horizon Kinetics Asset Management opened 11 new positions and closed 14 in Q3 2023.
  • Horizon Kinetics Asset Management's portfolio value rose 8.7% quarter-over-quarter to $5.05B.

Based on Horizon Kinetics Asset Management's 13F filing for Q3 2023, filed 14 Nov 2023.