We are live on
!
Find out more
HK
Horizon Kinetics Portfolio holdings
AUM
$3.06B
1-Year Est. Return
5.37%
This Fund
S&P 500
This Quarter
Est. Return
+0.65%
1 Year Est. Return
+5.37%
3 Year Est. Return
+65.64%
5 Year Est. Return
+75.06%
10 Year Est. Return
–
AUM
$4.03B
AUM Growth
-$613M
(-13%)
Cap. Flow
-$514M
Cap. Flow
% of AUM
-12.76%
Top 10 Holdings %
Top 10 Hldgs %
47.09%
Holding
548
New
39
Increased
118
Reduced
299
Closed
19
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Wheaton Precious Metals
WPM
|
+$20.3M |
| 2 |
Franco-Nevada
FNV
|
+$16.4M |
| 3 |
Texas Pacific Land
TPL
|
+$4.02M |
| 4 |
DSL
DoubleLine Income Solutions Fund
DSL
|
+$3.98M |
| 5 |
ExxonMobil
XOM
|
+$1.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
LVNTA
Liberty Interactive Corporation Series A Liberty Ventures
LVNTA
|
+$57.4M |
| 2 |
Howard Hughes
HHH
|
+$46.6M |
| 3 |
QVCGA
QVC Group Inc Series A
QVCGA
|
+$41.1M |
| 4 |
JAH
JARDEN CORPORATION
JAH
|
+$32.8M |
| 5 |
AutoNation
AN
|
+$23.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 27.02% |
| 2 | Consumer Discretionary | 16.19% |
| 3 | Energy | 12.88% |
| 4 | Real Estate | 11.7% |
| 5 | Financials | 9.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
WPG
301
DELISTED
Washington Prime Group Inc.
WPG
| $532K | 0.01% |
6,224
-207
| -3% | -$16.8K |
|
302
Halozyme
HALO
$12.1B
| $531K | 0.01% |
56,100
+20,992
| +60% | +$198K |
|
|
AXE
303
DELISTED
Anixter International Inc
AXE
| $531K | 0.01% |
10,191
+168
| +2% | +$7.89K |
|
304
FedEx
FDX
$73B
| $529K | 0.01% |
3,251
-945
| -23% | -$131K |
|
305
International Flavors & Fragrances
IFF
$21.5B
| $529K | 0.01% |
4,650
| – | – |
|
306
Mercury Insurance
MCY
$5.68B
| $529K | 0.01% |
9,534
-3,414
| -26% | -$170K |
|
307
Morningstar
MORN
$7.57B
| $529K | 0.01% |
5,988
-1,363
| -19% | -$109K |
|
|
CAB
308
DELISTED
Cabela's Inc
CAB
| $529K | 0.01% |
10,856
-1,870
| -15% | -$84K |
|
|
KED
309
DELISTED
Kayne Anderson Energy
KED
| $529K | 0.01% |
+31,687
| New | +$438K |
|
310
News Corp Class A
NWSA
$16.3B
| $527K | 0.01% |
41,302
-3,208
| -7% | -$38K |
|
|
SCHW
311
Charles Schwab
SCHW
$186B
| $527K | 0.01% |
18,799
+505
| +3% | +$13.3K |
|
312
Quest Diagnostics
DGX
$27.3B
| $525K | 0.01% |
7,350
| – | – |
|
313
W.R. Berkley
WRB
$26.5B
| $525K | 0.01% |
31,543
-6,048
| -16% | -$93K |
|
|
RAX
314
DELISTED
Rackspace Hosting Inc
RAX
| $525K | 0.01% |
24,327
+824
| +4% | +$16.8K |
|
315
Amkor Technology
AMKR
$11.5B
| $524K | 0.01% |
88,911
-4,211
| -5% | -$22.9K |
|
|
MZTI
316
The Marzetti Company
MZTI
$2.77B
| $524K | 0.01% |
4,743
-538
| -10% | -$57.7K |
|
|
VMRK
317
Vivmark Residential
VMRK
$50.8B
| $523K | 0.01% |
6,976
-375
| -5% | -$28.1K |
|
318
W.W. Grainger
GWW
$59.8B
| $523K | 0.01% |
2,243
-772
| -26% | -$162K |
|
319
RPC Inc
RES
$1.37B
| $523K | 0.01% |
36,856
-14,258
| -28% | -$181K |
|
320
Starbucks
SBUX
$110B
| $521K | 0.01% |
8,735
-1,268
| -13% | -$73.8K |
|
321
Salesforce
CRM
$210B
| $520K | 0.01% |
7,043
-581
| -8% | -$40K |
|
|
RP
322
DELISTED
RealPage, Inc.
RP
| $520K | 0.01% |
24,929
-802
| -3% | -$15.9K |
|
323
Bruker
BRKR
$8.49B
| $519K | 0.01% |
18,535
-6,391
| -26% | -$159K |
|
324
Designer Brands
DBI
$320M
| $519K | 0.01% |
18,765
-6,249
| -25% | -$156K |
|
325
Intuit
INTU
$88B
| $519K | 0.01% |
4,993
-1,160
| -19% | -$112K |
|
Similar funds
SA
AC
OA
TGA
PWM
APFBOT
RCM
CFIC
Horizon Kinetics's Q1 2016 Portfolio in Review
As of Q1 2016, Horizon Kinetics held 548 positions worth $4.03B, down 13% from $4.64B the previous quarter. Its ten largest holdings account for 47% of the portfolio.
Horizon Kinetics withdrew a net $514M in Q1 2016, closing 19 positions and reducing 299 holdings. Its most notable exit was Vanguard Extended Market ETF, an estimated $14.5M position sold in full.
By sector, the portfolio is most concentrated in Communication Services at 27% of assets, down from 29% a quarter earlier, followed by Consumer Discretionary and Energy.
Against the trend, Horizon Kinetics opened a new position in Tortoise Midstream Energy Fund, Inc. Common Stock worth $1.78M.
- Horizon Kinetics's largest Q1 2016 buy was Tortoise Midstream Energy Fund, Inc. Common Stock: 10,900 shares worth $1.78M.
- Horizon Kinetics added most to Wheaton Precious Metals in Q1 2016, an estimated $20.3M increase.
- Horizon Kinetics's biggest Q1 2016 reduction was Liberty Interactive Corporation Series A Liberty Ventures, cutting an estimated $57.4M.
- Horizon Kinetics fully exited Vanguard Extended Market ETF in Q1 2016, selling an estimated $14.5M.
- Horizon Kinetics's ten largest holdings make up 47% of its $4.03B portfolio in Q1 2016.
- Horizon Kinetics opened 39 new positions and closed 19 in Q1 2016.
- Horizon Kinetics's portfolio value fell 13% quarter-over-quarter to $4.03B.
Based on Horizon Kinetics's 13F filing for Q1 2016, filed 15 Apr 2016.