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
+4.25%
1 Year Est. Return
+5.37%
3 Year Est. Return
+65.64%
5 Year Est. Return
+75.06%
10 Year Est. Return
–
AUM
$3.41B
AUM Growth
+$6.08M
Cap. Flow
-$165M
Cap. Flow %
-4.84%
Top 10 Hldgs %
57.39%
Holding
510
New
18
Increased
90
Reduced
292
Closed
15

Top Buys

Rank Stock Value
1
CME icon
CME Group
CME
+$29.1M
2
CBOE icon
Cboe Global Markets
CBOE
+$18.2M
3
TPL icon
Texas Pacific Land
TPL
+$8.33M
4
VXF icon
Vanguard Extended Market ETF
VXF
+$6.32M
5
RVT icon
Royce Value Trust
RVT
+$4.37M

Top Sells

Rank Stock Value
1
VGSH icon
Vanguard Short-Term Treasury ETF
VGSH
+$32.4M
2
WEN icon
Wendy's
WEN
+$11.3M
3
NWL icon
Newell Brands
NWL
+$10.7M
4
HHH icon
Howard Hughes
HHH
+$9.67M
5
PARA
Paramount Global Class B
PARA
+$6.75M

Sector Composition

Rank Sector Weight
1 Energy 30.01%
2 Communication Services 19.19%
3 Miscellaneous 11.69%
4 Financials 11.61%
5 Real Estate 10.29%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CMS icon
151
CMS Energy
CMS
$21.4B
$1.36M 0.04%
28,662
– –
CMRE icon
152
Costamare
CMRE
$1.86B
$1.34M 0.04%
232,110
-4,168
-2% -$24.7K
SON icon
153
Sonoco
SON
$5.61B
$1.33M 0.04%
25,100
-100
-0.4% -$5.24K
ABT icon
154
Abbott
ABT
$193B
$1.31M 0.04%
23,028
-200
-0.9% -$11.1K
RSP icon
155
Invesco S&P 500 Equal Weight ETF
RSP
$99.8B
$1.27M 0.04%
12,584
-38
-0.3% -$3.73K
SD icon
156
SandRidge Energy
SD
$524M
$1.26M 0.04%
60,037
-1,883
-3% -$35.1K
FBIN icon
157
Fortune Brands Innovations
FBIN
$5.41B
$1.26M 0.04%
21,522
-4,430
-17% -$252K
MANT
158
DELISTED
Mantech International Corp
MANT
$1.25M 0.04%
25,000
– –
AXP icon
159
American Express
AXP
$226B
$1.25M 0.04%
12,603
– –
GM icon
160
General Motors
GM
$75.6B
$1.23M 0.04%
30,050
-100
-0.3% -$4.34K
LAND
161
Gladstone Land Corp
LAND
$383M
$1.23M 0.04%
91,300
– –
GHC icon
162
Graham Holdings Company
GHC
$4.84B
$1.22M 0.04%
2,189
-235
-10% -$133K
TLI
163
DELISTED
Western Asset Corporate Loan Fund Inc.
TLI
$1.21M 0.04%
115,190
-65,592
-36% -$697K
WBT
164
DELISTED
Welbilt, Inc.
WBT
$1.21M 0.04%
51,422
+751
+1% +$16.6K
ALKS icon
165
Alkermes
ALKS
$8.2B
$1.2M 0.04%
22,000
– –
GE icon
166
GE Aerospace
GE
$356B
$1.18M 0.03%
14,127
-2,927
-17% -$279K
MKTX icon
167
MarketAxess Holdings
MKTX
$5.72B
$1.15M 0.03%
5,700
– –
PPLI
168
People Inc
PPLI
$2.93B
$1.13M 0.03%
51,724
-3,005
-5% -$67.3K
MUI
169
DELISTED
BlackRock Municipal Income Fund, Inc.
MUI
$1.12M 0.03%
80,327
+32,109
+67% +$451K
SNY icon
170
Sanofi
SNY
$107B
$1.1M 0.03%
25,697
– –
FTV icon
171
Fortive
FTV
$18.1B
$1.09M 0.03%
23,839
-980
-4% -$44.9K
AZN icon
172
AstraZeneca
AZN
$255B
$1.08M 0.03%
15,542
-81
-0.5% -$5.46K
FLO icon
173
Flowers Foods
FLO
$1.48B
$1.06M 0.03%
54,751
+100
+0.2% +$1.92K
NZF icon
174
Nuveen Municipal Credit Income Fund
NZF
$2.4B
$1.04M 0.03%
68,180
-1,200
-2% -$18.2K
QSR icon
175
Restaurant Brands International
QSR
$27.2B
$1.03M 0.03%
16,749
+461
+3% +$29.6K
5 6
7
8 9

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 2017 Portfolio in Review

As of Q4 2017, Horizon Kinetics held 510 positions worth $3.41B, up 0.18% from $3.4B the previous quarter. Its ten largest holdings account for 57% of the portfolio.

Horizon Kinetics withdrew a net $165M in Q4 2017, closing 15 positions and reducing 292 holdings. Its most notable exit was Direxion Daily 20+ Year Treasury Bear 3X ETF, an estimated $1.41M position sold in full.

By sector, the portfolio is most concentrated in Energy at 30% of assets, up from 28% a quarter earlier, followed by Communication Services and Miscellaneous.

Against the trend, Horizon Kinetics opened a new position in Vanguard Extended Market ETF worth $6.45M.

  • Horizon Kinetics's largest Q4 2017 buy was Vanguard Extended Market ETF: 57,686 shares worth $6.45M.
  • Horizon Kinetics added most to CME Group in Q4 2017, an estimated $29.1M increase.
  • Horizon Kinetics's biggest Q4 2017 reduction was Vanguard Short-Term Treasury ETF, cutting an estimated $32.4M.
  • Horizon Kinetics fully exited Direxion Daily 20+ Year Treasury Bear 3X ETF in Q4 2017, selling an estimated $1.41M.
  • Horizon Kinetics's ten largest holdings make up 57% of its $3.41B portfolio in Q4 2017.
  • Horizon Kinetics opened 18 new positions and closed 15 in Q4 2017.
  • Horizon Kinetics's portfolio value rose 0.18% quarter-over-quarter to $3.41B.

Based on Horizon Kinetics's 13F filing for Q4 2017, filed 14 Feb 2018.