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
+4.39%
1 Year Est. Return
+5.37%
3 Year Est. Return
+65.64%
5 Year Est. Return
+75.06%
10 Year Est. Return
–
AUM
$8B
AUM Growth
+$3.92M
Cap. Flow
-$424M
Cap. Flow %
-5.3%
Top 10 Hldgs %
46.74%
Holding
554
New
21
Increased
146
Reduced
266
Closed
24

Top Buys

Rank Stock Value
1
ESI icon
Element Solutions
ESI
+$46.1M
2
LE icon
Lands' End
LE
+$38.8M
3
TPH
Tri Pointe Homes
TPH
+$33.3M
4
IEP icon
Icahn Enterprises
IEP
+$10.2M
5
BRP
BROOKFIELD RESIDENTIAL PROPERTIES INC
BRP
+$5.78M

Top Sells

Rank Stock Value
1
LVNTA
Liberty Interactive Corporation Series A Liberty Ventures
LVNTA
+$128M
2
JEF icon
Jefferies Financial Group
JEF
+$42.3M
3
SHLD
Sears Holding Corporation
SHLD
+$21.3M
4
RSE
ROUSE PPTYS INC COM (DE)
RSE
+$21.3M
5
ASCMA
Ascent Capital Group, Inc. Series A
ASCMA
+$20.7M

Sector Composition

Rank Sector Weight
1 Communication Services 25.48%
2 Consumer Discretionary 21.59%
3 Real Estate 13.75%
4 Financials 10.84%
5 Energy 10.28%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CVRR
451
DELISTED
CVR Refining, LP
CVRR
$289K ﹤0.01%
11,543
+74
+0.6% +$1.89K
CVE icon
452
Cenovus Energy
CVE
$62.6B
$288K ﹤0.01%
8,910
– –
TREE icon
453
LendingTree
TREE
$376M
$287K ﹤0.01%
9,833
– –
BIE
454
DELISTED
BLACKROCK MUNICIPAL BOND INVESTMENT TRUST
BIE
$282K ﹤0.01%
19,374
-2,600
-12% -$37.7K
JTP
455
DELISTED
NUVEEN QUALITY PFD INCOME FD
JTP
$281K ﹤0.01%
33,053
-3,097
-9% -$25.7K
OSIR
456
DELISTED
Osiris Therapeutics, Inc. Common Stock
OSIR
$281K ﹤0.01%
18,000
– –
GRC icon
457
Gorman-Rupp
GRC
$1.88B
$278K ﹤0.01%
7,847
– –
JMT
458
DELISTED
Nuveen Mortgage Opportunity Term Fund 2
JMT
$272K ﹤0.01%
11,445
-1,000
-8% -$23.6K
SHY icon
459
iShares 1-3 Year Treasury Bond ETF
SHY
$26B
$268K ﹤0.01%
3,167
– –
NXK
460
DELISTED
NUVEEN N.Y. DIV ADV MUNI FD
NXK
$267K ﹤0.01%
19,841
-707
-3% -$9.41K
NQI
461
DELISTED
NUVEEN QUALITY MUNICIPAL FUND INC
NQI
$266K ﹤0.01%
20,325
-10,430
-34% -$136K
ARNA
462
DELISTED
Arena Pharmaceuticals Inc
ARNA
$264K ﹤0.01%
4,500
– –
CXE
463
DELISTED
MFS High Income Municipal Trust
CXE
$259K ﹤0.01%
54,174
-47,101
-47% -$227K
NBO
464
DELISTED
Neuberger Berman New York Municipal Fund Inc.
NBO
$256K ﹤0.01%
18,577
– –
FTF
465
Franklin Limited Duration Income Trust
FTF
$228M
$253K ﹤0.01%
19,361
-2,062
-10% -$27.1K
BCF
466
DELISTED
BLACKROCK REAL ASSET EQUITY TRUST
BCF
$252K ﹤0.01%
26,804
– –
HYT icon
467
BlackRock Corporate High Yield Fund
HYT
$1.56B
$245K ﹤0.01%
19,965
-256
-1% -$3.13K
HYD icon
468
VanEck High Yield Muni ETF
HYD
$4.08B
$244K ﹤0.01%
4,047
– –
GRBK icon
469
Green Brick Partners
GRBK
$2.89B
$242K ﹤0.01%
+53,926
New +$227K
ZIV
470
DELISTED
VelocityShares Daily Inverse VIX Medium Term ETN
ZIV
$240K ﹤0.01%
+5,160
New +$217K
T icon
471
AT&T
T
$183B
$235K ﹤0.01%
8,809
+61
+0.7% +$1.63K
MFIC icon
472
MidCap Financial Investment
MFIC
$745M
$230K ﹤0.01%
8,900
– –
AYN
473
DELISTED
Alliance New York Income Fund
AYN
$229K ﹤0.01%
17,956
-5,720
-24% -$72.4K
CL icon
474
Colgate-Palmolive
CL
$69.4B
$228K ﹤0.01%
3,344
– –
NIM icon
475
Nuveen Select Maturities Municipal Fund
NIM
$112M
$221K ﹤0.01%
21,500
– –
17 18
19
20 21

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 Q2 2014 Portfolio in Review

As of Q2 2014, Horizon Kinetics held 554 positions worth $8B, up 0.05% from $7.99B the previous quarter. Its ten largest holdings account for 47% of the portfolio.

Horizon Kinetics withdrew a net $424M in Q2 2014, closing 24 positions and reducing 266 holdings. Its most notable exit was Tata Motors Limited, an estimated $19.2M position sold in full.

By sector, the portfolio is most concentrated in Communication Services at 25% of assets, down from 26% a quarter earlier, followed by Consumer Discretionary and Real Estate.

Against the trend, Horizon Kinetics opened a new position in Lands' End worth $45.9M.

  • Horizon Kinetics's largest Q2 2014 buy was Lands' End: 1,367,129 shares worth $45.9M.
  • Horizon Kinetics added most to Element Solutions in Q2 2014, an estimated $46.1M increase.
  • Horizon Kinetics's biggest Q2 2014 reduction was Liberty Interactive Corporation Series A Liberty Ventures, cutting an estimated $128M.
  • Horizon Kinetics fully exited Tata Motors Limited in Q2 2014, selling an estimated $19.2M.
  • Horizon Kinetics's ten largest holdings make up 47% of its $8B portfolio in Q2 2014.
  • Horizon Kinetics opened 21 new positions and closed 24 in Q2 2014.
  • Horizon Kinetics's portfolio value rose 0.05% quarter-over-quarter to $8B.

Based on Horizon Kinetics's 13F filing for Q2 2014, filed 14 Aug 2014.