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
Cap. Flow
-$327M
Cap. Flow %
-4.48%
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
ELS icon
Equity Lifestyle Properties
ELS
+$87M
2
CBOE icon
Cboe Global Markets
CBOE
+$34.7M
3
JCP
J.C. Penney Company, Inc.
JCP
+$15.5M
4
HHH icon
Howard Hughes
HHH
+$14.9M
5
RSE
ROUSE PPTYS INC COM (DE)
RSE
+$14.8M

Sector Composition

Rank Sector Weight
1 Communication Services 28.73%
2 Consumer Discretionary 20.62%
3 Financials 13.99%
4 Real Estate 13.82%
5 Energy 8.48%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
FDML
126
DELISTED
Federal-Mogul Holdings Corporation
FDML
$2.75M 0.04%
163,882
+43,066
+36% +$645K
AAMC
127
DELISTED
Altisource Asset Management Corp
AAMC
$2.72M 0.04%
+8,680
New +$2.11M
JNJ icon
128
Johnson & Johnson
JNJ
$641B
$2.71M 0.04%
31,214
+412
+1% +$37K
DORM icon
129
Dorman Products
DORM
$3.72B
$2.58M 0.04%
52,091
-13,438
-21% -$659K
EFR
130
Eaton Vance Senior Floating-Rate Fund
EFR
$304M
$2.51M 0.03%
162,382
+526
+0.3% +$8.39K
KMI icon
131
PUT
Kinder Morgan
KMI
$68.2B
$2.49M 0.03%
70,000
– –
JCP
132
DELISTED
J.C. Penney Company, Inc.
JCP
$2.4M 0.03%
272,664
-1,084,700
-80% -$15.5M
PLL
133
DELISTED
PALL CORP
PLL
$2.38M 0.03%
30,851
-446
-1% -$31.9K
BWP
134
DELISTED
Boardwalk Pipeline Partners
BWP
$2.36M 0.03%
77,729
+11,225
+17% +$344K
ALX
135
Alexander's
ALX
$1.26B
$2.33M 0.03%
8,140
+1
+0% +$292
L icon
136
Loews
L
$22.2B
$2.32M 0.03%
49,619
+10,289
+26% +$473K
MRK icon
137
Merck
MRK
$355B
$2.29M 0.03%
50,431
-262
-0.5% -$12K
DIS icon
138
Walt Disney
DIS
$184B
$2.27M 0.03%
35,130
-770
-2% -$49.4K
NVS icon
139
Novartis
NVS
$264B
$2.25M 0.03%
32,699
-335
-1% -$22.2K
YHOO
140
DELISTED
Yahoo Inc
YHOO
$2.22M 0.03%
66,933
+6,933
+12% +$196K
VTA
141
DELISTED
INVESCO DYNAMIC CREDIT OPPORTUNITIES FUND
VTA
$2.17M 0.03%
169,138
+14,568
+9% +$186K
PWE
142
DELISTED
Penn West Energy Petroleum Ltd
PWE
$2.15M 0.03%
193,233
-5,561
-3% -$64.5K
SMB icon
143
VanEck Short Muni ETF
SMB
$315M
$2.11M 0.03%
120,291
-3,543
-3% -$61.8K
BOND icon
144
PIMCO Active Bond Exchange-Traded Fund
BOND
$8.53B
$2.07M 0.03%
19,580
-1,769
-8% -$186K
BIIB icon
145
Biogen
BIIB
$31.8B
$2.07M 0.03%
8,583
-43
-0.5% -$9.62K
EVF
146
Eaton Vance Senior Income Trust
EVF
$88.5M
$2.02M 0.03%
287,202
+4,828
+2% +$34.8K
NPT
147
DELISTED
NUVEEN PREM INSD MUNI FD-4 INC
NPT
$1.97M 0.03%
+165,523
New +$1.95M
EXPE icon
148
Expedia Group
EXPE
$34.9B
$1.96M 0.03%
37,801
-19,329
-34% -$1.03M
BRW
149
Saba Capital Income & Opportunities Fund
BRW
$320M
$1.91M 0.03%
157,708
-63,013
-29% -$770K
JRO
150
DELISTED
Nuveen Floating Rate Income Opportunty Fund
JRO
$1.87M 0.03%
151,160
-980
-0.6% -$12.2K
4 5
6
7 8

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 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 $327M 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 Financials.

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: 496,933 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.