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
+4.89%
1 Year Est. Return
+5.37%
3 Year Est. Return
+65.64%
5 Year Est. Return
+75.06%
10 Year Est. Return
–
AUM
$4.64B
AUM Growth
-$872M
Cap. Flow
-$516M
Cap. Flow %
-11.12%
Top 10 Hldgs %
47.49%
Holding
528
New
25
Increased
72
Reduced
320
Closed
20

Top Buys

Rank Stock Value
1
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$22.8M
2
VTI icon
Vanguard Morningstar Total Stock Market ETF
VTI
+$15.9M
3
VOO icon
Vanguard S&P 500 ETF
VOO
+$14.5M
4
VXF icon
Vanguard Extended Market ETF
VXF
+$8.96M
5
FHI icon
Federated Hermes
FHI
+$7.12M

Top Sells

Rank Stock Value
1
JAH
JARDEN CORPORATION
JAH
+$44.2M
2
MSGS icon
Madison Square Garden
MSGS
+$37.1M
3
CBOE icon
Cboe Global Markets
CBOE
+$31.2M
4
TPH
Tri Pointe Homes
TPH
+$29.5M
5
SHLD
Sears Holding Corporation
SHLD
+$29.2M

Sector Composition

Rank Sector Weight
1 Communication Services 28.96%
2 Consumer Discretionary 20.09%
3 Real Estate 11.93%
4 Energy 10.58%
5 Financials 8.96%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
PARR icon
51
Par Pacific Holdings
PARR
$3.86B
$13.9M 0.3%
591,653
-19,114
-3% -$442K
MGM icon
52
MGM Resorts International
MGM
$10.8B
$13.8M 0.3%
609,310
-20,300
-3% -$448K
V icon
53
Visa
V
$709B
$13.6M 0.29%
175,600
-360
-0.2% -$27.9K
WYNN icon
54
Wynn Resorts
WYNN
$9.64B
$13.2M 0.28%
190,081
-53,540
-22% -$3.58M
CRESY
55
Cresud
CRESY
$796M
$13M 0.28%
1,131,284
-10,106
-0.9% -$106K
ELS icon
56
Equity Lifestyle Properties
ELS
$12.4B
$12.9M 0.28%
385,516
-28,578
-7% -$884K
DBL
57
DoubleLine Opportunistic Credit Fund
DBL
$280M
$12.7M 0.27%
502,727
-14,354
-3% -$359K
PDI icon
58
PIMCO Dynamic Income Fund
PDI
$7.15B
$11.9M 0.26%
433,469
-8,958
-2% -$260K
SRSC
59
DELISTED
SEARS Canada Inc.
SRSC
$10.7M 0.23%
2,103,181
-348,221
-14% -$2.48M
PFN
60
PIMCO Income Strategy Fund II
PFN
$689M
$10.5M 0.23%
1,202,131
-158,383
-12% -$1.43M
SHLDW
61
DELISTED
Sears Holdings Corporation - Warrant
SHLDW
$9.85M 0.21%
895,806
-53,372
-6% -$750K
MA icon
62
Mastercard
MA
$518B
$9.77M 0.21%
100,315
-1,565
-2% -$153K
FHI icon
63
Federated Hermes
FHI
$4.84B
$8.94M 0.19%
311,952
+236,025
+311% +$7.12M
WT icon
64
WisdomTree
WT
$3.79B
$8.27M 0.18%
527,295
-40,447
-7% -$742K
VSAT icon
65
Viasat
VSAT
$10B
$7.96M 0.17%
130,406
-15,725
-11% -$1,000K
SHOS
66
DELISTED
Sears Hometown and Outlet Stores, Inc.
SHOS
$7.73M 0.17%
966,690
-179,666
-16% -$1.47M
PKO
67
DELISTED
Pimco Income Opportunity Fund
PKO
$7.54M 0.16%
356,147
-91,107
-20% -$2.06M
EMG
68
DELISTED
Emergent Capital, Inc.
EMG
$7.46M 0.16%
2,021,021
-178,792
-8% -$784K
PYPL icon
69
PayPal
PYPL
$52.6B
$7.12M 0.15%
196,600
-8,903
-4% -$314K
MSGN
70
DELISTED
MSG Networks Inc.
MSGN
$6.85M 0.15%
+329,233
New +$6.7M
WMB icon
71
Williams Companies
WMB
$90.7B
$6.2M 0.13%
241,400
-44,871
-16% -$1.57M
LXU icon
72
LSB Industries
LXU
$752M
$5.81M 0.13%
1,041,105
-494,931
-32% -$4.09M
AFSI
73
DELISTED
AmTrust Financial Services, Inc.
AFSI
$5.74M 0.12%
373,008
+169,236
+83% +$5.41M
PFL
74
PIMCO Income Strategy Fund
PFL
$378M
$5.73M 0.12%
587,965
-40,650
-6% -$407K
TWX
75
DELISTED
Time Warner Inc
TWX
$5.67M 0.12%
87,654
-7,564
-8% -$529K
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 2015 Portfolio in Review

As of Q4 2015, Horizon Kinetics held 528 positions worth $4.64B, down 16% from $5.51B the previous quarter. Its ten largest holdings account for 47% of the portfolio.

Horizon Kinetics withdrew a net $516M in Q4 2015, closing 20 positions and reducing 320 holdings. Its most notable exit was SIGMA - ALDRICH CORP, an estimated $2.94M position sold in full.

By sector, the portfolio is most concentrated in Communication Services at 29% of assets, up from 25% a quarter earlier, followed by Consumer Discretionary and Real Estate.

Against the trend, Horizon Kinetics opened a new position in Alphabet (Google) Class A worth $23.9M.

  • Horizon Kinetics's largest Q4 2015 buy was Alphabet (Google) Class A: 615,580 shares worth $23.9M.
  • Horizon Kinetics added most to Vanguard Morningstar Total Stock Market ETF in Q4 2015, an estimated $15.9M increase.
  • Horizon Kinetics's biggest Q4 2015 reduction was JARDEN CORPORATION, cutting an estimated $44.2M.
  • Horizon Kinetics fully exited SIGMA - ALDRICH CORP in Q4 2015, selling an estimated $2.94M.
  • Horizon Kinetics's ten largest holdings make up 47% of its $4.64B portfolio in Q4 2015.
  • Horizon Kinetics opened 25 new positions and closed 20 in Q4 2015.
  • Horizon Kinetics's portfolio value fell 16% quarter-over-quarter to $4.64B.

Based on Horizon Kinetics's 13F filing for Q4 2015, filed 12 Feb 2016.