Horizon Kinetics’s Associated Capital Group AC Stock Holding History

Horizon Kinetics’s Portfolio AC Stock Details AC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q4	$53.6M	Buy	1,530,033 +37,487	+3%	+$1.5M	1.75%	10
2018 Q3	$63.2M	Buy	1,492,546 +60,593	+4%	+$2.31M	1.54%	11
2018 Q2	$54.1M	Buy	1,431,953 +113,376	+9%	+$4.26M	1.39%	15
2018 Q1	$49.1M	Sell	1,318,577 -14,094	-1%	-$498K	1.43%	15
2017 Q4	$45.2M	Buy	1,332,671 +4,189	+0.3%	+$148K	1.33%	18
2017 Q3	$47.2M	Buy	1,328,482 +39,362	+3%	+$1.33M	1.39%	18
2017 Q2	$43.6M	Buy	1,289,120 +60,016	+5%	+$2.03M	1.43%	18
2017 Q1	$44.2M	Buy	1,229,104 +29,312	+2%	+$1.06M	1.4%	18
2016 Q4	$39.2M	Buy	1,199,792 +922,975	+333%	+$31.3M	1.27%	16
2016 Q3	$9.77M	Buy	276,817 +94,097	+51%	+$2.96M	0.27%	57
2016 Q2	$5.21M	Buy	182,720 +87,037	+91%	+$2.58M	0.13%	77
2016 Q1	$2.67M	Buy	95,683 +46,977	+96%	+$1.29M	0.07%	106
2015 Q4	$1.48M	Buy	+48,706	New	+$1.52M	0.03%	149

Other funds holding AC

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Royce & Associates New York $10.1B AUM 42.88% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

MRI

Mad River Investors Boston, Massachusetts $278M AUM 32.21% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

SMC

S. Muoio & Co New York $75.7M AUM 42.51% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

RJA

Raymond James & Associates St Petersburg, Florida $164B AUM 33.91% 1-Year Est. Return

Horizon Kinetics's AC Position: Q4 2018 in Review

Horizon Kinetics increased its Associated Capital Group (AC) stake by 2.5% in Q4 2018, buying an estimated $1.5M and bringing the position to 1,530,033 shares worth $53.6M. The position accounts for 1.75% of the portfolio, ranked #10.

Horizon Kinetics first reported a position in AC in Q4 2015 and has held it in 13 quarters since. The position peaked at $63.2M in Q3 2018. 51 funds tracked by Wall St. Rank hold AC as of Q4 2018.

Horizon Kinetics held 1,530,033 shares of Associated Capital Group worth $53.6M as of Q4 2018.
Horizon Kinetics bought 37,487 Associated Capital Group shares in Q4 2018, an estimated $1.5M.
Associated Capital Group made up 1.75% of Horizon Kinetics's portfolio in Q4 2018, its #10 holding.
Horizon Kinetics first reported a position in Associated Capital Group in Q4 2015 and has held it in 13 quarters since.
Horizon Kinetics's Associated Capital Group position peaked at $63.2M in Q3 2018.
51 funds tracked by Wall St. Rank held Associated Capital Group as of Q4 2018.

Based on Horizon Kinetics's 13F filing for Q4 2018, filed 14 Feb 2019.