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
POST icon
476
Post Holdings
POST
$3.49B
$221K ﹤0.01%
6,627
-70
-1% -$2.34K
APC
477
DELISTED
Anadarko Petroleum
APC
$219K ﹤0.01%
+2,000
New +$204K
KMT icon
478
Kennametal
KMT
$2.23B
$214K ﹤0.01%
+4,633
New +$214K
CEO
479
DELISTED
CNOOC Limited
CEO
$211K ﹤0.01%
1,179
-623
-35% -$105K
MYF
480
DELISTED
Blackrock Muni Yield Investment Fund, Inc.
MYF
$204K ﹤0.01%
13,900
– –
ROX
481
DELISTED
Castle Brands, Inc.
ROX
$203K ﹤0.01%
229,000
– –
MHI
482
DELISTED
Pioneer Municipal High Income Fund
MHI
$202K ﹤0.01%
13,000
– –
SMMU icon
483
PIMCO Short Term Municipal Bond Active Exchange-Traded Fund
SMMU
$1.18B
$202K ﹤0.01%
4,000
– –
MDR
484
DELISTED
McDermott International
MDR
$197K ﹤0.01%
8,107
-229
-3% -$5.03K
NZH
485
DELISTED
Nuveen Calif Div
NZH
$193K ﹤0.01%
15,119
– –
EVM
486
DELISTED
Eaton Vance California Municipal Bond Fund
EVM
$188K ﹤0.01%
16,215
-18,953
-54% -$215K
RFI
487
Cohen & Steers Total Return Realty Fund
RFI
$291M
$188K ﹤0.01%
+15,145
New +$192K
CCA
488
DELISTED
MFS California Municipal Fund
CCA
$180K ﹤0.01%
16,248
-874
-5% -$9.55K
MHY
489
DELISTED
WESTERN ASSET MANAGED HIGH INCOM FD INC. COM
MHY
$162K ﹤0.01%
28,000
-1,400
-5% -$8.13K
EIM
490
Eaton Vance Municipal Bond Fund
EIM
$468M
$160K ﹤0.01%
12,840
– –
DSM
491
BNY Mellon Strategic Municipal Bond Fund
DSM
$270M
$158K ﹤0.01%
19,074
– –
SCU
492
DELISTED
Sculptor Capital Management, Inc. Class A Common Stock
SCU
$155K ﹤0.01%
1,120
– –
LEO
493
BNY Mellon Strategic Municipals
LEO
$361M
$154K ﹤0.01%
18,220
-4,350
-19% -$36K
MUI
494
DELISTED
BlackRock Municipal Income Fund, Inc.
MUI
$150K ﹤0.01%
10,308
– –
MUS
495
DELISTED
BLACKROCK MUNIHOLDINGS QUALITY FUND, INC.
MUS
$150K ﹤0.01%
11,366
+309
+3% +$4K
PYN
496
DELISTED
PIMCO New York Municipal Income Fund III
PYN
$143K ﹤0.01%
14,800
– –
MFM
497
Aberdeen Municipal Income Fund
MFM
$210M
$130K ﹤0.01%
19,711
-2,100
-10% -$13.8K
PZC
498
DELISTED
PIMCO California Municipal Income Fund III
PZC
$126K ﹤0.01%
11,931
– –
JPS
499
DELISTED
Nuveen Preferred & Income Securities Fund
JPS
$126K ﹤0.01%
13,933
-2,400
-15% -$21.4K
HHY
500
DELISTED
Brookfield High Income Fund Inc.
HHY
$124K ﹤0.01%
11,743
-1,154
-9% -$11.9K
18 19
20
21 22

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.