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 | |
|---|---|---|---|---|---|---|
|
AXE
351
DELISTED
Anixter International Inc
AXE
| $418K | 0.01% |
5,159
-1,655
| -24% | -$120K |
|
|
MZF
352
DELISTED
Managed Duration Inv Grd Muni Fd
MZF
| $418K | 0.01% |
31,893
-2,355
| -7% | -$31.8K |
|
353
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.87B
| $417K | 0.01% |
+7,587
| New | +$437K |
|
|
JWN
354
DELISTED
Nordstrom
JWN
| $417K | 0.01% |
8,707
+674
| +8% | +$36.6K |
|
355
Starbucks
SBUX
$110B
| $417K | 0.01% |
7,506
-220
| -3% | -$12.2K |
|
356
TTEC Holdings
TTEC
$62.6M
| $417K | 0.01% |
13,671
-465
| -3% | -$13.4K |
|
357
Bruker
BRKR
$8.49B
| $416K | 0.01% |
19,630
+1,280
| +7% | +$28K |
|
358
Morningstar
MORN
$7.57B
| $416K | 0.01% |
5,661
+507
| +10% | +$37.3K |
|
359
SS&C Technologies
SSNC
$19.1B
| $416K | 0.01% |
14,545
+1,877
| +15% | +$58.2K |
|
|
RP
360
DELISTED
RealPage, Inc.
RP
| $416K | 0.01% |
13,853
-2,101
| -13% | -$58.6K |
|
361
Fossil Group
FOSL
$298M
| $415K | 0.01% |
16,047
+1,999
| +14% | +$60.1K |
|
362
Under Armour Class C
UA
$2.07B
| $415K | 0.01% |
16,505
+4,573
| +38% | +$127K |
|
363
Westlake Corp
WLK
$8.95B
| $415K | 0.01% |
7,407
-721
| -9% | -$39.4K |
|
364
D.R. Horton
DHI
$39.2B
| $414K | 0.01% |
15,141
+1,610
| +12% | +$46K |
|
365
iShares MSCI Japan ETF
EWJ
$23.3B
| $414K | 0.01% |
+8,483
| New | +$424K |
|
366
MSC Industrial Direct
MSM
$6.69B
| $414K | 0.01% |
4,477
-1,268
| -22% | -$105K |
|
367
Pricesmart
PSMT
$5.18B
| $414K | 0.01% |
4,960
| – | – |
|
368
XPO
XPO
$20.9B
| $414K | 0.01% |
27,726
-5,511
| -17% | -$76.7K |
|
369
Cohen & Steers
CNS
$3.72B
| $413K | 0.01% |
12,298
+2,368
| +24% | +$86.6K |
|
370
Mohawk Industries
MHK
$8.74B
| $413K | 0.01% |
2,070
+84
| +4% | +$16.5K |
|
371
Werner Enterprises
WERN
$2.25B
| $413K | 0.01% |
15,307
-2,248
| -13% | -$57.9K |
|
372
Amazon
AMZN
$2.68T
| $412K | 0.01% |
10,980
+600
| +6% | +$23.5K |
|
373
Franklin Templeton
BEN
$16.9B
| $412K | 0.01% |
10,420
-1,053
| -9% | -$39.4K |
|
374
Salesforce
CRM
$210B
| $412K | 0.01% |
6,017
+488
| +9% | +$35.4K |
|
375
Hyatt Hotels
H
$15.1B
| $412K | 0.01% |
7,454
-612
| -8% | -$32.4K |
|
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.