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
-20.73%
1 Year Est. Return
+5.37%
3 Year Est. Return
+65.64%
5 Year Est. Return
+75.06%
10 Year Est. Return
–
AUM
$3.06B
AUM Growth
-$1.05B
Cap. Flow
-$179M
Cap. Flow %
-5.84%
Top 10 Hldgs %
59.41%
Holding
517
New
14
Increased
126
Reduced
256
Closed
44
Avg Time Held Equity + Options
15.8 quarters
Top 10 Avg Time Held Equity + Options
8.7 quarters
Top 20 Avg Time Held Equity + Options
11.1 quarters
Avg Time Held Equity only
15.9 quarters
Top 10 Avg Time Held Equity only
11 quarters
Top 20 Avg Time Held Equity only
11.2 quarters

Top Buys

Rank Stock Value
1
LNG icon
Cheniere Energy
LNG
+$15.1M
2
CACI icon
CACI
CACI
+$13.4M
3
GE icon
GE Aerospace
GE
+$13.4M
4
VXF icon
Vanguard Extended Market ETF
VXF
+$5.8M
5
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$5M

Top Sells

Rank Stock Value
1
VGSH icon
Vanguard Short-Term Treasury ETF
VGSH
+$26.6M
2
HHH icon
Howard Hughes
HHH
+$18.5M
3
TPL icon
Texas Pacific Land
TPL
+$14M
4
LBRDK icon
Liberty Broadband Class C
LBRDK
+$12.3M
5
LSXMK icon
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
+$12.2M

Sector Composition

Rank Sector Weight
1 Energy 38.17%
2 Miscellaneous 14.25%
3 Communication Services 13.24%
4 Financials 11.44%
5 Real Estate 6.67%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
WBD icon
51
DELISTED
Warner Bros
WBD
$6.12M 0.2%
247,242
-2,537
-1% -$77.2K
2013 Q2
22 quarters
GLIBA
52
DELISTED
GCI Liberty, Inc. Class A Common Stock (DE)
GLIBA
$5.31M 0.17%
129,099
-20,368
-14% -$945K
2018 Q1
3 quarters
VXF icon
53
Vanguard Extended Market ETF
VXF
$30.3B
$5.28M 0.17%
+52,921
New +$5.8M
2018 Q4
0 quarters
BATRK icon
54
Atlanta Braves Holdings Series B
BATRK
$3.37B
$5.16M 0.17%
207,343
-15,033
-7% -$380K
2016 Q2
10 quarters
PTEN icon
55
Patterson-UTI
PTEN
$4.39B
$5.05M 0.17%
488,263
-140
-0% -$2.06K
2017 Q2
6 quarters
SPY icon
56
State Street SPDR S&P 500 ETF Trust
SPY
$822B
$4.96M 0.16%
19,830
+18,556
+1,457% +$5M
2017 Q4
4 quarters
PFN icon
57
PIMCO Income Strategy Fund II
PFN
$613M
$4.89M 0.16%
513,559
-6,626
-1% -$65.8K
2013 Q2
22 quarters
QVCGA
58
DELISTED
QVC Group Inc Series A
QVCGA
$4.83M 0.16%
5,101
-681
-12% -$716K
2013 Q2
22 quarters
VOO icon
59
Vanguard S&P 500 ETF
VOO
$1.05T
$4.79M 0.16%
20,833
+5,200
+33% +$1.29M
2014 Q4
16 quarters
JPST icon
60
JPMorgan Ultra-Short Income ETF
JPST
$42.4B
$4.68M 0.15%
93,288
+81,562
+696% +$4.09M
2018 Q3
1 quarter
NTG
61
DELISTED
Tortoise Midstream Energy Fund, Inc. Common Stock
NTG
$4.55M 0.15%
37,142
-3,455
-9% -$488K
2016 Q1
11 quarters
V icon
62
Visa
V
$744B
$4.49M 0.15%
34,058
+804
+2% +$111K
2013 Q2
22 quarters
KYN icon
63
Kayne Anderson Energy Infrastructure Fund
KYN
$2.43B
$4.36M 0.14%
316,561
-28,855
-8% -$462K
2018 Q3
1 quarter
BCPC icon
64
Balchem Corp
BCPC
$5.41B
$4.29M 0.14%
54,704
– –
2018 Q1
3 quarters
MSGN
65
DELISTED
MSG Networks Inc.
MSGN
$4.28M 0.14%
181,493
-12,375
-6% -$316K
2015 Q4
12 quarters
ICE icon
66
Intercontinental Exchange
ICE
$87.8B
$4.26M 0.14%
56,540
+6,490
+13% +$497K
2013 Q2
22 quarters
Y
67
DELISTED
Alleghany Corp
Y
$4.11M 0.13%
+6,600
New +$4.07M
2018 Q4
0 quarters
APYX icon
68
Apyx Medical
APYX
$110M
$3.98M 0.13%
615,000
– –
2017 Q2
6 quarters
MSB icon
69
Mesabi Trust
MSB
$233M
$3.94M 0.13%
166,508
+116,083
+230% +$3.18M
2018 Q3
1 quarter
ESI icon
70
Element Solutions
ESI
$9.07B
$3.82M 0.12%
369,980
-90,411
-20% -$996K
2014 Q1
19 quarters
WMB icon
71
Williams Companies
WMB
$91.2B
$3.68M 0.12%
166,734
-7,036
-4% -$176K
2013 Q2
22 quarters
BRK.A icon
72
Berkshire Hathaway Class A
BRK.A
$1.11T
$3.67M 0.12%
12
– –
2013 Q2
22 quarters
VNOM icon
73
Viper Energy
VNOM
$8.62B
$3.66M 0.12%
140,402
+28,218
+25% +$924K
2017 Q3
5 quarters
MRK icon
74
Merck
MRK
$350B
$3.56M 0.12%
48,900
-703
-1% -$49.6K
2013 Q2
22 quarters
CTR
75
DELISTED
ClearBridge MLP and Midstream Total Return Fund Inc.
CTR
$3.38M 0.11%
86,786
-14,968
-15% -$730K
2016 Q2
10 quarters
1 2
3
4 5

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 2018 Portfolio in Review

As of Q4 2018, Horizon Kinetics held 517 positions worth $3.06B, down 25% from $4.11B the previous quarter. Its ten largest holdings account for 59% of the portfolio.

Horizon Kinetics withdrew a net $179M in Q4 2018, closing 44 positions and reducing 256 holdings. Its most notable exit was Copart, an estimated $3.71M position sold in full.

By sector, the portfolio is most concentrated in Energy at 38% of assets, down from 44% a quarter earlier, followed by Miscellaneous and Communication Services.

Against the trend, Horizon Kinetics opened a new position in Vanguard Extended Market ETF worth $5.28M.

  • Horizon Kinetics's largest Q4 2018 buy was Vanguard Extended Market ETF: 52,921 shares worth $5.28M.
  • Horizon Kinetics added most to Cheniere Energy in Q4 2018, an estimated $15.1M increase.
  • Horizon Kinetics's biggest Q4 2018 reduction was Vanguard Short-Term Treasury ETF, cutting an estimated $26.6M.
  • Horizon Kinetics fully exited Copart in Q4 2018, selling an estimated $3.71M.
  • Horizon Kinetics's ten largest holdings make up 59% of its $3.06B portfolio in Q4 2018.
  • Horizon Kinetics opened 14 new positions and closed 44 in Q4 2018.
  • Horizon Kinetics's portfolio value fell 25% quarter-over-quarter to $3.06B.

Based on Horizon Kinetics's 13F filing for Q4 2018, filed 14 Feb 2019.