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
+11.53%
1 Year Est. Return
+5.37%
3 Year Est. Return
+65.64%
5 Year Est. Return
+75.06%
10 Year Est. Return
–
AUM
$7.3B
AUM Growth
+$469M
(+6.9%)
Cap. Flow
-$333M
Cap. Flow
% of AUM
-4.57%
Top 10 Holdings %
Top 10 Hldgs %
48.05%
Holding
574
New
118
Increased
114
Reduced
223
Closed
34
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
QVCGA
QVC Group Inc Series A
QVCGA
|
+$14.9M |
| 2 |
SHLD
Sears Holding Corporation
SHLD
|
+$14M |
| 3 |
OAK
OAKTREE CAPITAL GROUP, LLC
OAK
|
+$10.4M |
| 4 |
VIAB
Viacom Inc. Class B
VIAB
|
+$9.77M |
| 5 |
DSL
DoubleLine Income Solutions Fund
DSL
|
+$7.65M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Equity Lifestyle Properties
ELS
|
+$87M |
| 2 |
Cboe Global Markets
CBOE
|
+$34.7M |
| 3 |
JCP
J.C. Penney Company, Inc.
JCP
|
+$15.5M |
| 4 |
Howard Hughes
HHH
|
+$14.9M |
| 5 |
RSE
ROUSE PPTYS INC COM (DE)
RSE
|
+$14.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 28.72% |
| 2 | Consumer Discretionary | 19.44% |
| 3 | Real Estate | 13.82% |
| 4 | Financials | 12.64% |
| 5 | Energy | 7.13% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Penske Automotive Group
PAG
$14.7B
| $4.5M | 0.06% |
105,268
-16,442
| -14% | -$629K |
|
|
DMO
102
Western Asset Mortgage Opportunity Fund
DMO
$118M
| $4.47M | 0.06% |
198,805
+37,276
| +23% | +$826K |
|
103
Freeport-McMoran
FCX
$86.2B
| $4.39M | 0.06% |
+132,583
| New | +$4.05M |
|
104
KKR & Co
KKR
$89.1B
| $4.35M | 0.06% |
211,484
-200,379
| -49% | -$4.02M |
|
105
BOK Financial
BOKF
$8.58B
| $4.21M | 0.06% |
66,495
-2,509
| -4% | -$165K |
|
106
BlackRock Floating Rate Income Strategies Fund
FRA
$380M
| $4.13M | 0.06% |
278,385
-108,296
| -28% | -$1.63M |
|
107
McEwen Inc
MUX
$1B
| $3.98M | 0.05% |
165,867
-7,114
| -4% | -$161K |
|
108
BlackRock Floating Rate Income Trust
BGT
$321M
| $3.48M | 0.05% |
245,928
-66,801
| -21% | -$974K |
|
|
DBL
109
DoubleLine Opportunistic Credit Fund
DBL
$278M
| $3.42M | 0.05% |
+149,714
| New | +$3.49M |
|
|
NSL
110
DELISTED
NUVEEN SENIOR INCM FD
NSL
| $3.31M | 0.05% |
460,711
-3,238
| -0.7% | -$23.4K |
|
111
Invesco Senior Income Trust
VVR
$456M
| $3.16M | 0.04% |
601,477
-262,063
| -30% | -$1.38M |
|
112
Danaher
DHR
$138B
| $3.13M | 0.04% |
67,086
+5,988
| +10% | +$272K |
|
113
Prestige Consumer Healthcare
PBH
$2.47B
| $3.12M | 0.04% |
103,647
-18,198
| -15% | -$595K |
|
114
CACI
CACI
$10.8B
| $3.04M | 0.04% |
44,000
-4,000
| -8% | -$267K |
|
|
NMO
115
DELISTED
NUVEEN MUNI MARKET OPPORT FUND
NMO
| $3.03M | 0.04% |
247,113
+46
| +0% | +$556 |
|
116
Nuveen Quality Municipal Income Fund
NAD
$2.73B
| $2.99M | 0.04% |
229,767
+912
| +0.4% | +$11.7K |
|
|
MTS
117
DELISTED
MONTGOMERY STR INCOME SECS
MTS
| $2.97M | 0.04% |
189,235
+40,445
| +27% | +$636K |
|
118
BlackRock Credit Allocation Income Trust
BTZ
$927M
| $2.92M | 0.04% |
224,141
-66,326
| -23% | -$835K |
|
119
E.W. Scripps
SSP
$270M
| $2.91M | 0.04% |
178,493
-6,319
| -3% | -$91K |
|
|
AIG.WS
120
DELISTED
American International Group, Inc.
AIG.WS
| $2.9M | 0.04% |
152,800
| – | – |
|
|
BID
121
DELISTED
Sotheby's
BID
| $2.87M | 0.04% |
58,448
-23,792
| -29% | -$1.06M |
|
122
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23B
| $2.83M | 0.04% |
53,734
+1,734
| +3% | +$91K |
|
123
iShares TIPS Bond ETF
TIP
$14.5B
| $2.83M | 0.04% |
25,092
-6,467
| -20% | -$721K |
|
124
CenterPoint Energy
CNP
$28.3B
| $2.82M | 0.04% |
117,623
-8,327
| -7% | -$198K |
|
125
Bristol-Myers Squibb
BMY
$129B
| $2.8M | 0.04% |
60,572
-838
| -1% | -$36.8K |
|
Similar funds
SA
AC
MFG
OA
PWM
APFBOT
RCM
CFIC
Horizon Kinetics's Q3 2013 Portfolio in Review
As of Q3 2013, Horizon Kinetics held 574 positions worth $7.3B, up 6.9% from $6.83B the previous quarter. Its ten largest holdings account for 48% of the portfolio.
Horizon Kinetics withdrew a net $333M in Q3 2013, closing 34 positions and reducing 223 holdings. Its most notable exit was State Street SPDR Bloomberg High Yield Bond ETF, an estimated $3.36M position sold in full.
By sector, the portfolio is most concentrated in Communication Services at 29% of assets, up from 27% a quarter earlier, followed by Consumer Discretionary and Real Estate.
Against the trend, Horizon Kinetics opened a new position in HEICO Corp Class A worth $6.53M.
- Horizon Kinetics's largest Q3 2013 buy was HEICO Corp Class A: 397,546 shares worth $6.53M.
- Horizon Kinetics added most to QVC Group Inc Series A in Q3 2013, an estimated $14.9M increase.
- Horizon Kinetics's biggest Q3 2013 reduction was Equity Lifestyle Properties, cutting an estimated $87M.
- Horizon Kinetics fully exited State Street SPDR Bloomberg High Yield Bond ETF in Q3 2013, selling an estimated $3.36M.
- Horizon Kinetics's ten largest holdings make up 48% of its $7.3B portfolio in Q3 2013.
- Horizon Kinetics opened 118 new positions and closed 34 in Q3 2013.
- Horizon Kinetics's portfolio value rose 6.9% quarter-over-quarter to $7.3B.
Based on Horizon Kinetics's 13F filing for Q3 2013, filed 14 Nov 2013.