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
(-13%)
Cap. Flow
-$640M
Cap. Flow
% of AUM
-20.66%
Top 10 Holdings %
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 |
AMC Global Media
AMCX
|
+$11.1M |
| 4 |
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 |
Howard Hughes
HHH
|
+$53.6M |
| 3 |
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 | |
|---|---|---|---|---|---|---|
326
American Financial Group
AFG
$11.8B
| $423K | 0.01% |
4,805
-621
| -11% | -$49.8K |
|
327
Dick's Sporting Goods
DKS
$10.9B
| $423K | 0.01% |
7,974
+1,282
| +19% | +$73.5K |
|
328
Silgan Holdings
SLGN
$4.06B
| $423K | 0.01% |
16,520
-48
| -0.3% | -$1.21K |
|
329
US Bancorp
USB
$92.5B
| $423K | 0.01% |
+8,230
| New | +$391K |
|
330
American Eagle Outfitters
AEO
$2.46B
| $422K | 0.01% |
27,837
+5,571
| +25% | +$95.3K |
|
331
Brown & Brown
BRO
$21.9B
| $422K | 0.01% |
18,794
-3,002
| -14% | -$61K |
|
332
Hilltop Holdings
HTH
$2.2B
| $422K | 0.01% |
14,164
-4,422
| -24% | -$118K |
|
|
ONIT
333
Onity Group
ONIT
$285M
| $422K | 0.01% |
5,218
-2,562
| -33% | -$181K |
|
|
CVA
334
DELISTED
Covanta Holding Corporation
CVA
| $422K | 0.01% |
27,022
-658
| -2% | -$9.78K |
|
|
SYNT
335
DELISTED
Syntel Inc
SYNT
| $421K | 0.01% |
21,280
+11,777
| +124% | +$254K |
|
|
CWEI
336
DELISTED
Clayton Williams Energy, Inc.
CWEI
| $421K | 0.01% |
3,534
-1,378
| -28% | -$138K |
|
337
Choice Hotels
CHH
$4.4B
| $420K | 0.01% |
7,490
-1,301
| -15% | -$65.2K |
|
338
NewMarket
NEU
$8.13B
| $420K | 0.01% |
990
+5
| +0.5% | +$2.06K |
|
339
W.R. Berkley
WRB
$25.9B
| $420K | 0.01% |
21,303
-2,521
| -11% | -$45.3K |
|
|
GAP
340
The Gap Inc
GAP
$7.01B
| $420K | 0.01% |
18,700
+463
| +3% | +$11.9K |
|
|
NGHC
341
DELISTED
National General Holdings Corp
NGHC
| $420K | 0.01% |
16,820
-1,800
| -10% | -$40.8K |
|
|
TFCFA
342
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $420K | 0.01% |
14,973
-2,312
| -13% | -$62.2K |
|
|
CLNY
343
DELISTED
Colony Capital, Inc.
CLNY
| $420K | 0.01% |
20,746
-1,402
| -6% | -$27.5K |
|
344
ScottsMiracle-Gro
SMG
$3.21B
| $419K | 0.01% |
4,389
-654
| -13% | -$58.7K |
|
345
Urban Outfitters
URBN
$6.6B
| $419K | 0.01% |
14,707
+3,235
| +28% | +$109K |
|
346
Valmont Industries
VMI
$9.15B
| $419K | 0.01% |
2,975
-100
| -3% | -$13.9K |
|
347
Erie Indemnity
ERIE
$12.8B
| $418K | 0.01% |
3,718
-361
| -9% | -$38.4K |
|
348
Pegasystems
PEGA
$6.03B
| $418K | 0.01% |
23,244
-5,164
| -18% | -$86.3K |
|
349
Ralph Lauren
RL
$20.1B
| $418K | 0.01% |
4,631
+497
| +12% | +$50.5K |
|
|
EXTN
350
DELISTED
Exterran Corporation
EXTN
| $418K | 0.01% |
17,466
-11,568
| -40% | -$219K |
|
Similar funds
SA
AC
OA
TGA
PWM
APFBOT
RCM
CFIC
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.