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
+4.25%
1 Year Est. Return
+5.37%
3 Year Est. Return
+65.64%
5 Year Est. Return
+75.06%
10 Year Est. Return
–
AUM
$3.41B
AUM Growth
+$6.08M
Cap. Flow
-$165M
Cap. Flow %
-4.84%
Top 10 Hldgs %
57.39%
Holding
510
New
18
Increased
90
Reduced
292
Closed
15

Top Buys

Rank Stock Value
1
CME icon
CME Group
CME
+$29.1M
2
CBOE icon
Cboe Global Markets
CBOE
+$18.2M
3
TPL icon
Texas Pacific Land
TPL
+$8.33M
4
VXF icon
Vanguard Extended Market ETF
VXF
+$6.32M
5
RVT icon
Royce Value Trust
RVT
+$4.37M

Top Sells

Rank Stock Value
1
VGSH icon
Vanguard Short-Term Treasury ETF
VGSH
+$32.4M
2
WEN icon
Wendy's
WEN
+$11.3M
3
NWL icon
Newell Brands
NWL
+$10.7M
4
HHH icon
Howard Hughes
HHH
+$9.67M
5
PARA
Paramount Global Class B
PARA
+$6.75M

Sector Composition

Rank Sector Weight
1 Energy 30.01%
2 Communication Services 19.19%
3 Miscellaneous 11.69%
4 Financials 11.61%
5 Real Estate 10.29%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
MNE
476
DELISTED
Blackrock MUNI New York Intermediate Duration Fund, Inc.
MNE
$154K ﹤0.01%
11,296
-13,901
-55% -$191K
BBF
477
DELISTED
BlackRock Municipal Income Investment Trust
BBF
$154K ﹤0.01%
11,019
– –
EIM
478
Eaton Vance Municipal Bond Fund
EIM
$498M
$153K ﹤0.01%
12,263
– –
EFT
479
Eaton Vance Floating-Rate Income Trust
EFT
$283M
$146K ﹤0.01%
10,200
– –
PFO
480
Flaherty & Crumrine Preferred and Income Opportunity Fund
PFO
$118M
$144K ﹤0.01%
12,180
– –
PHD
481
DELISTED
Pioneer Floating Rate Fund
PHD
$135K ﹤0.01%
11,778
– –
JFR icon
482
Nuveen Floating Rate Income Fund
JFR
$1.22B
$116K ﹤0.01%
10,306
-22,262
-68% -$252K
FRO icon
483
Frontline
FRO
$9.74B
$112K ﹤0.01%
24,300
-2,500
-9% -$14K
HIO
484
Western Asset High Income Opportunity Fund
HIO
$330M
$92K ﹤0.01%
18,137
-7,920
-30% -$40K
CLDX icon
485
Celldex Therapeutics
CLDX
$3.18B
$75K ﹤0.01%
1,756
– –
MFIC icon
486
MidCap Financial Investment
MFIC
$799M
$68K ﹤0.01%
4,002
– –
OBE
487
Obsidian Energy
OBE
$788M
$58K ﹤0.01%
6,678
-657
-9% -$5.32K
MUX icon
488
McEwen Inc
MUX
$1.33B
$56K ﹤0.01%
2,439
-140
-5% -$2.83K
TMQ
489
Trilogy Metals
TMQ
$653M
$34K ﹤0.01%
31,439
+5,536
+21% +$5.31K
PACB icon
490
Pacific Biosciences
PACB
$482M
$32K ﹤0.01%
12,000
– –
GCVRZ
491
DELISTED
Sanofi Contingent Value Rights
GCVRZ
$6K ﹤0.01%
15,940
– –
GENZ
492
VanEck Digital Native Economy ETF
GENZ
$18M
– –
-5,466
Closed -$233K
CARS icon
493
Cars.com
CARS
$630M
– –
-9,338
Closed -$248K
CVS icon
494
CVS Health
CVS
$119B
– –
-2,967
Closed -$241K
DUK icon
495
Duke Energy
DUK
$94.2B
– –
-2,708
Closed -$227K
GNTX icon
496
Gentex
GNTX
$4.86B
– –
-24,751
Closed -$490K
HPS
497
John Hancock Preferred Income Fund III
HPS
$450M
– –
-10,149
Closed -$191K
TMV icon
498
Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
$196M
– –
-29,472
Closed -$1.41M
WPX
499
DELISTED
WPX Energy, Inc.
WPX
– –
-12,263
Closed -$141K
AKRX
500
DELISTED
Akorn Inc
AKRX
– –
-11,869
Closed -$394K
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 Q4 2017 Portfolio in Review

As of Q4 2017, Horizon Kinetics held 510 positions worth $3.41B, up 0.18% from $3.4B the previous quarter. Its ten largest holdings account for 57% of the portfolio.

Horizon Kinetics withdrew a net $165M in Q4 2017, closing 15 positions and reducing 292 holdings. Its most notable exit was Direxion Daily 20+ Year Treasury Bear 3X ETF, an estimated $1.41M position sold in full.

By sector, the portfolio is most concentrated in Energy at 30% of assets, up from 28% a quarter earlier, followed by Communication Services and Miscellaneous.

Against the trend, Horizon Kinetics opened a new position in Vanguard Extended Market ETF worth $6.45M.

  • Horizon Kinetics's largest Q4 2017 buy was Vanguard Extended Market ETF: 57,686 shares worth $6.45M.
  • Horizon Kinetics added most to CME Group in Q4 2017, an estimated $29.1M increase.
  • Horizon Kinetics's biggest Q4 2017 reduction was Vanguard Short-Term Treasury ETF, cutting an estimated $32.4M.
  • Horizon Kinetics fully exited Direxion Daily 20+ Year Treasury Bear 3X ETF in Q4 2017, selling an estimated $1.41M.
  • Horizon Kinetics's ten largest holdings make up 57% of its $3.41B portfolio in Q4 2017.
  • Horizon Kinetics opened 18 new positions and closed 15 in Q4 2017.
  • Horizon Kinetics's portfolio value rose 0.18% quarter-over-quarter to $3.41B.

Based on Horizon Kinetics's 13F filing for Q4 2017, filed 14 Feb 2018.