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
+10.71%
1 Year Est. Return
+5.37%
3 Year Est. Return
+65.64%
5 Year Est. Return
+75.06%
10 Year Est. Return
–
AUM
$7.92B
AUM Growth
+$624M
Cap. Flow
+$73.9M
Cap. Flow %
0.93%
Top 10 Hldgs %
47.13%
Holding
566
New
25
Increased
228
Reduced
180
Closed
29

Top Buys

Rank Stock Value
1
MA icon
Mastercard
MA
+$228M
2
SHLD
Sears Holding Corporation
SHLD
+$32.4M
3
XXV
IPATH INVERSE S&P 500 VIX SHORT-TERM FUTURES ETN
XXV
+$13M
4
STRZA
Starz - Series A
STRZA
+$11.4M
5
TPL icon
Texas Pacific Land
TPL
+$10.3M

Top Sells

Rank Stock Value
1
FCE.A
Forest City Realty Trust, Inc.
FCE.A
+$25.6M
2
JEF icon
Jefferies Financial Group
JEF
+$24.2M
3
BN icon
Brookfield
BN
+$23.5M
4
AN icon
AutoNation
AN
+$23M
5
FWONA icon
Liberty Media Series A
FWONA
+$20.1M

Sector Composition

Rank Sector Weight
1 Communication Services 28.42%
2 Consumer Discretionary 18.82%
3 Real Estate 12.64%
4 Financials 11.91%
5 Energy 8.42%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NSC icon
76
Norfolk Southern
NSC
$75.4B
$11.6M 0.15%
125,474
-141
-0.1% -$12.1K
BAC icon
77
Bank of America
BAC
$429B
$11.5M 0.15%
739,959
-300
-0% -$4.45K
BKW
78
DELISTED
BURGER KING WORLDWIDE
BKW
$11.4M 0.14%
498,670
-13,221
-3% -$273K
SUSS
79
DELISTED
SUSSER HOLDINGS CORPORATION COMMON STOCK
SUSS
$11.1M 0.14%
168,749
+3,551
+2% +$210K
WMB icon
80
Williams Companies
WMB
$85.8B
$10.9M 0.14%
281,875
+15,974
+6% +$575K
CRESY
81
Cresud
CRESY
$806M
$10.2M 0.13%
1,151,626
-4,163
-0.4% -$37.8K
AFSI
82
DELISTED
AmTrust Financial Services, Inc.
AFSI
$9.96M 0.13%
609,438
+198,886
+48% +$3.76M
DMO
83
Western Asset Mortgage Opportunity Fund
DMO
$118M
$9.19M 0.12%
396,570
+197,765
+99% +$4.48M
UCD
84
PUT
DELISTED
PROSHARES ULTRA BLOOMBERG COMMODITY
UCD
$9.07M 0.11%
+33,800
New +$2.61M
GENZ
85
VanEck Digital Native Economy ETF
GENZ
$17.4M
$8.71M 0.11%
163,130
-23,482
-13% -$1.18M
SPY icon
86
State Street SPDR S&P 500 ETF Trust
SPY
$771B
$8.41M 0.11%
45,532
+41,959
+1,174% +$7.43M
BPY
87
DELISTED
Brookfield Property Partners L.P. Limited Partnership Units
BPY
$8.01M 0.1%
401,545
-8,504
-2% -$166K
HEI.A icon
88
HEICO Corp Class A
HEI.A
$36B
$7.84M 0.1%
363,762
-33,784
-8% -$689K
VRTS icon
89
Virtus Investment Partners
VRTS
$1.12B
$7.05M 0.09%
35,224
-14,566
-29% -$2.8M
EVV
90
Eaton Vance Limited Duration Income Fund
EVV
$1.05B
$6.87M 0.09%
448,776
+6,898
+2% +$104K
PFL
91
PIMCO Income Strategy Fund
PFL
$382M
$6.75M 0.09%
597,078
+566,378
+1,845% +$6.54M
FDML
92
DELISTED
Federal-Mogul Holdings Corporation
FDML
$6.51M 0.08%
331,040
+167,158
+102% +$3.19M
ARII
93
DELISTED
American Railcar Industries, Inc.
ARII
$6.41M 0.08%
140,026
+99,006
+241% +$4.24M
CME icon
94
CME Group
CME
$95.4B
$6.2M 0.08%
79,055
-431
-0.5% -$33.7K
DBL
95
DoubleLine Opportunistic Credit Fund
DBL
$278M
$6.1M 0.08%
273,428
+123,714
+83% +$2.83M
MTB icon
96
M&T Bank
MTB
$36.3B
$6.08M 0.08%
52,183
+676
+1% +$76.8K
LBTYK icon
97
Liberty Global Class C
LBTYK
$3.5B
$6.07M 0.08%
178,097
-4,944
-3% -$154K
BIP icon
98
Brookfield Infrastructure Partners
BIP
$19.6B
$6.02M 0.08%
386,757
-32,800
-8% -$501K
VHI icon
99
Valhi
VHI
$389M
$5.92M 0.07%
28,066
-419
-1% -$84.9K
WTM icon
100
White Mountains Insurance
WTM
$5.33B
$5.87M 0.07%
9,738
-5,089
-34% -$3M
2 3
4
5 6

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
MFG
Mizuho Financial Group Chiyoda-Ku, Tokyo, Japan $1.21B AUM 23.35% 1-Year Est. Return
OA
Omega Advisors New York $1.02B AUM 7% 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 2013 Portfolio in Review

As of Q4 2013, Horizon Kinetics held 566 positions worth $7.92B, up 8.6% from $7.3B the previous quarter. Its ten largest holdings account for 47% of the portfolio.

Horizon Kinetics's Q4 2013 filing shows 25 new, 228 increased, 180 reduced and 29 closed positions. Its largest new stake was IPATH INVERSE S&P 500 VIX SHORT-TERM FUTURES ETN: 337,400 shares worth $14.4M. The largest sale was Forest City Realty Trust, Inc., an estimated $25.6M.

By sector, the portfolio is most concentrated in Communication Services at 28% of assets, down from 29% a quarter earlier, followed by Consumer Discretionary and Real Estate.

  • Horizon Kinetics's largest Q4 2013 buy was IPATH INVERSE S&P 500 VIX SHORT-TERM FUTURES ETN: 337,400 shares worth $14.4M.
  • Horizon Kinetics added most to Mastercard in Q4 2013, an estimated $228M increase.
  • Horizon Kinetics's biggest Q4 2013 reduction was Forest City Realty Trust, Inc., cutting an estimated $25.6M.
  • Horizon Kinetics fully exited NYSE EURONEXT INC in Q4 2013, selling an estimated $11.3M.
  • Horizon Kinetics's ten largest holdings make up 47% of its $7.92B portfolio in Q4 2013.
  • Horizon Kinetics opened 25 new positions and closed 29 in Q4 2013.
  • Horizon Kinetics's portfolio value rose 8.6% quarter-over-quarter to $7.92B.

Based on Horizon Kinetics's 13F filing for Q4 2013, filed 13 Feb 2014.