Horizon Kinetics’s GDL Fund GDL Stock Holding History

Horizon Kinetics’s Portfolio GDL Stock Details GDL Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q4	$545K	Sell	59,485 -206	-0.3%	-$1.85K	0.02%	234
2018 Q3	$542K	Sell	59,691 -10,804	-15%	-$99.3K	0.01%	258
2018 Q2	$647K	Sell	70,495 -70,718	-50%	-$659K	0.02%	232
2018 Q1	$1.32M	Sell	141,213 -92,722	-40%	-$894K	0.04%	150
2017 Q4	$2.28M	Sell	233,935 -119,277	-34%	-$1.19M	0.07%	111
2017 Q3	$3.6M	Buy	353,212 +45,685	+15%	+$467K	0.11%	81
2017 Q2	$3.15M	Buy	307,527 +14,471	+5%	+$145K	0.1%	91
2017 Q1	$2.88M	Buy	293,056 +207,694	+243%	+$2.06M	0.09%	96
2016 Q4	$840K	Buy	85,362 +9,752	+13%	+$95.4K	0.03%	214
2016 Q3	$752K	Sell	75,610 -29,201	-28%	-$291K	0.02%	237
2016 Q2	$1.04M	Sell	104,811 -51,050	-33%	-$510K	0.03%	200
2016 Q1	$1.56M	Buy	155,861 +122,296	+364%	+$1.21M	0.04%	144
2015 Q4	$336K	Buy	+33,565	New	+$336K	0.01%	435

Other funds holding GDL

GCIA

Gabelli & Co Investment Advisers Rye, New York $674M AUM 64.52% 1-Year Est. Return

RVPG

Relative Value Partners Group $772M AUM 15.6% 1-Year Est. Return

Lazard Asset Management New York $60.8B AUM 22.47% 1-Year Est. Return

RJA

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

Matisse Capital Portland, Oregon $234M AUM 19.72% 1-Year Est. Return

Cornerstone Advisors Asheville, North Carolina $2.72B AUM 22.17% 1-Year Est. Return

GAMCO Investors Greenwich, Connecticut $10.2B AUM 30.27% 1-Year Est. Return

FIMG

Financial & Investment Management Group Traverse City, Michigan $274M AUM 8.43% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Horizon Kinetics's GDL Position: Q4 2018 in Review

Horizon Kinetics reduced its GDL Fund (GDL) stake by 0.35% in Q4 2018, selling an estimated $1.85K and leaving 59,485 shares worth $545K. The position accounts for 0.02% of the portfolio, ranked #234.

Horizon Kinetics first reported a position in GDL in Q4 2015 and has held it in 13 quarters since. The position peaked at $3.6M in Q3 2017. 36 funds tracked by Wall St. Rank hold GDL as of Q4 2018.

Horizon Kinetics held 59,485 shares of GDL Fund worth $545K as of Q4 2018.
Horizon Kinetics sold 206 GDL Fund shares in Q4 2018, an estimated $1.85K.
GDL Fund made up 0.02% of Horizon Kinetics's portfolio in Q4 2018, its #234 holding.
Horizon Kinetics first reported a position in GDL Fund in Q4 2015 and has held it in 13 quarters since.
Horizon Kinetics's GDL Fund position peaked at $3.6M in Q3 2017.
36 funds tracked by Wall St. Rank held GDL Fund as of Q4 2018.

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