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
+5.97%
1 Year Est. Return
+5.37%
3 Year Est. Return
+65.64%
5 Year Est. Return
+75.06%
10 Year Est. Return
–
AUM
$3.1B
AUM Growth
-$477M
Cap. Flow
-$640M
Cap. Flow %
-20.66%
Top 10 Hldgs %
54.11%
Holding
530
New
22
Increased
101
Reduced
304
Closed
23

Top Buys

Rank Stock Value
1
LGF.B
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
+$69.3M
2
AC
Associated Capital Group
AC
+$31.3M
3
AMCX icon
AMC Global Media
AMCX
+$11.1M
4
TPL icon
Texas Pacific Land
TPL
+$7.4M
5
LEXEA
Liberty Expedia Holdings, Inc. Class A Common Stock
LEXEA
+$4.12M

Top Sells

Rank Stock Value
1
STRZA
Starz - Series A
STRZA
+$145M
2
HHH icon
Howard Hughes
HHH
+$53.6M
3
WEN icon
Wendy's
WEN
+$34.5M
4
LSXMK
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
+$30.3M
5
QVCGA
QVC Group Inc Series A
QVCGA
+$25.8M

Sector Composition

Rank Sector Weight
1 Energy 24.45%
2 Communication Services 22.92%
3 Real Estate 11.82%
4 Consumer Discretionary 11.19%
5 Financials 10.72%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
WW
301
DELISTED
WW International
WW
$434K 0.01%
37,932
-1,341
-3% -$14.4K
AMH icon
302
American Homes 4 Rent
AMH
$11.4B
$433K 0.01%
20,639
+1,594
+8% +$33.1K
BKE icon
303
Buckle
BKE
$2.08B
$433K 0.01%
18,977
+2,092
+12% +$48.1K
MCY icon
304
Mercury Insurance
MCY
$5.64B
$432K 0.01%
7,177
-448
-6% -$25.5K
ORCL icon
305
Oracle
ORCL
$435B
$431K 0.01%
11,206
+721
+7% +$28.2K
TR icon
306
Tootsie Roll Industries
TR
$2.85B
$431K 0.01%
14,568
-751
-5% -$20.9K
TSLA icon
307
Tesla
TSLA
$1.42T
$431K 0.01%
30,225
+240
+0.8% +$3.15K
ATCO
308
DELISTED
Atlas Corp.
ATCO
$431K 0.01%
47,207
+17,278
+58% +$183K
TPCO
309
DELISTED
Tribune Publishing Company Common Stock
TPCO
$431K 0.01%
31,102
+6,369
+26% +$88.6K
VMRK
310
Vivmark Residential
VMRK
$49.7B
$430K 0.01%
6,677
+171
+3% +$10.5K
SAM icon
311
Boston Beer
SAM
$1.75B
$429K 0.01%
2,524
-190
-7% -$31.5K
TCO
312
DELISTED
Taubman Centers Inc.
TCO
$429K 0.01%
5,798
+260
+5% +$18.9K
DDS icon
313
Dillards
DDS
$10.2B
$428K 0.01%
6,825
-246
-3% -$16.2K
HST icon
314
Host Hotels & Resorts
HST
$15.1B
$428K 0.01%
22,708
-3,473
-13% -$58.7K
NOMD icon
315
Nomad Foods
NOMD
$1.54B
$428K 0.01%
44,723
+10,604
+31% +$116K
ASPS icon
316
Altisource Portfolio Solutions
ASPS
$64.4M
$427K 0.01%
2,007
+355
+21% +$79.2K
BF.B icon
317
Brown-Forman Class B
BF.B
$11.8B
$427K 0.01%
14,863
+1,004
+7% +$29.3K
GLPI icon
318
Gaming and Leisure Properties
GLPI
$11.9B
$426K 0.01%
13,910
+1,573
+13% +$49.2K
JFR icon
319
Nuveen Floating Rate Income Fund
JFR
$1.2B
$426K 0.01%
36,485
-2,798
-7% -$31.5K
ROL icon
320
Rollins
ROL
$16.5B
$426K 0.01%
28,359
-3,503
-11% -$48.6K
NAV
321
DELISTED
Navistar International
NAV
$426K 0.01%
13,591
-4,671
-26% -$127K
CACC icon
322
Credit Acceptance
CACC
$6.29B
$425K 0.01%
1,956
-114
-6% -$22.1K
MZTI
323
The Marzetti Company
MZTI
$2.8B
$425K 0.01%
3,003
-102
-3% -$13.8K
MAR icon
324
Marriott International
MAR
$87.9B
$425K 0.01%
5,144
-746
-13% -$56.1K
NATI
325
DELISTED
National Instruments Corp
NATI
$424K 0.01%
13,773
-948
-6% -$27.6K
11 12
13
14 15

Similar funds

SA
SPO Advisory San Anselmo, California $2.11B AUM 14.87% 1-Year Est. Return
AC
Ashler Capital Chicago, Illinois $1.34B AUM 12.59% 1-Year Est. Return
OA
Omega Advisors New York $1.02B AUM 7% 1-Year Est. Return
TGA
Trilogy Global Advisors Winter Park, Florida $712M AUM 8.54% 1-Year Est. Return
PWM
Patriot Wealth Management Houston, Texas $683M AUM 5.39% 1-Year Est. Return
APFBOT
Amica Pension Fund Board of Trustees Providence, Rhode Island $644M AUM 4.55% 1-Year Est. Return
RCM
Roystone Capital Management New York $590M AUM 11.49% 1-Year Est. Return
CFIC
City Financial Investment Company London, United Kingdom $562M AUM 5.93% 1-Year Est. Return

Horizon Kinetics's Q4 2016 Portfolio in Review

As of Q4 2016, Horizon Kinetics held 530 positions worth $3.1B, down 13% from $3.57B the previous quarter. Its ten largest holdings account for 54% of the portfolio.

Horizon Kinetics withdrew a net $640M in Q4 2016, closing 23 positions and reducing 304 holdings. Its most notable exit was Starz - Series A, an estimated $145M position sold in full.

By sector, the portfolio is most concentrated in Energy at 24% of assets, up from 18% a quarter earlier, followed by Communication Services and Real Estate.

Against the trend, Horizon Kinetics opened a new position in Lions Gate Entertainment Corp. Class B Non-Voting Shares worth $66.6M.

  • Horizon Kinetics's largest Q4 2016 buy was Lions Gate Entertainment Corp. Class B Non-Voting Shares: 2,714,405 shares worth $66.6M.
  • Horizon Kinetics added most to Associated Capital Group in Q4 2016, an estimated $31.3M increase.
  • Horizon Kinetics's biggest Q4 2016 reduction was Howard Hughes, cutting an estimated $53.6M.
  • Horizon Kinetics fully exited Starz - Series A in Q4 2016, selling an estimated $145M.
  • Horizon Kinetics's ten largest holdings make up 54% of its $3.1B portfolio in Q4 2016.
  • Horizon Kinetics opened 22 new positions and closed 23 in Q4 2016.
  • Horizon Kinetics's portfolio value fell 13% quarter-over-quarter to $3.1B.

Based on Horizon Kinetics's 13F filing for Q4 2016, filed 14 Feb 2017.