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
(-16%)
Cap. Flow
-$516M
Cap. Flow
% of AUM
-11.12%
Top 10 Holdings %
Top 10 Hldgs %
47.49%
Holding
528
New
25
Increased
72
Reduced
320
Closed
20
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$22.8M |
| 2 |
Vanguard Morningstar Total Stock Market ETF
VTI
|
+$15.9M |
| 3 |
Vanguard S&P 500 ETF
VOO
|
+$14.5M |
| 4 |
Vanguard Extended Market ETF
VXF
|
+$8.96M |
| 5 |
Federated Hermes
FHI
|
+$7.12M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JAH
JARDEN CORPORATION
JAH
|
+$44.2M |
| 2 |
Madison Square Garden
MSGS
|
+$37.1M |
| 3 |
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 | |
|---|---|---|---|---|---|---|
1
Howard Hughes
HHH
$3.88B
| $474M | 10.21% |
4,393,872
-250,346
| -5% | -$28.8M |
|
2
Liberty Media Series C
FWONK
$25.6B
| $226M | 4.87% |
8,376,536
-450,776
| -5% | -$12.2M |
|
3
Icahn Enterprises
IEP
$4.78B
| $221M | 4.75% |
3,599,076
-186,115
| -5% | -$13.5M |
|
4
Texas Pacific Land
TPL
$25.5B
| $212M | 4.56% |
14,539,968
+127,728
| +0.9% | +$2.03M |
|
|
DWA
5
DELISTED
DREAMWORKS ANIMATION SKG INC CL-A
DWA
| $210M | 4.53% |
8,149,567
-1,041,175
| -11% | -$23.9M |
|
|
STRZA
6
DELISTED
Starz - Series A
STRZA
| $192M | 4.14% |
5,730,534
-400,032
| -7% | -$14.3M |
|
7
AutoNation
AN
$6.57B
| $187M | 4.02% |
3,127,973
-210,309
| -6% | -$13M |
|
|
JAH
8
DELISTED
JARDEN CORPORATION
JAH
| $176M | 3.78% |
3,074,358
-881,442
| -22% | -$44.2M |
|
9
Wendy's
WEN
$1.49B
| $166M | 3.58% |
15,425,904
-1,343,205
| -8% | -$13.2M |
|
|
DISH
10
DELISTED
DISH Network Corp.
DISH
| $141M | 3.04% |
2,470,341
-182,794
| -7% | -$11.2M |
|
|
LVNTA
11
DELISTED
Liberty Interactive Corporation Series A Liberty Ventures
LVNTA
| $119M | 2.56% |
2,629,133
-113,525
| -4% | -$4.87M |
|
12
Brookfield
BN
$92.5B
| $113M | 2.43% |
10,203,234
-1,813,149
| -15% | -$21.3M |
|
13
Liberty Media Series A
FWONA
$23.6B
| $112M | 2.4% |
4,228,477
-270,042
| -6% | -$7.19M |
|
|
LBRDK
14
DELISTED
Liberty Broadband Class C
LBRDK
| $107M | 2.3% |
2,058,010
-164,178
| -7% | -$8.71M |
|
|
QVCGA
15
DELISTED
QVC Group Inc Series A
QVCGA
| $106M | 2.29% |
80,066
-10,338
| -11% | -$13.6M |
|
16
Bath & Body Works
BBWI
$3.76B
| $105M | 2.25% |
1,349,826
-117,192
| -8% | -$9.08M |
|
|
VXX
17
CALL
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $86.2M | 1.86% |
88,638
-120,937
| -58% | -$38.5M |
|
|
18
Cboe Global Markets
CBOE
$32.8B
| $80.9M | 1.74% |
1,246,855
-460,647
| -27% | -$31.2M |
|
|
SHLD
19
DELISTED
Sears Holding Corporation
SHLD
| $64.3M | 1.39% |
3,129,713
-1,294,357
| -29% | -$29.2M |
|
20
Live Nation Entertainment
LYV
$42.1B
| $55.6M | 1.2% |
2,262,301
-215,495
| -9% | -$5.52M |
|
|
TPH
21
DELISTED
Tri Pointe Homes
TPH
| $54.9M | 1.18% |
4,335,033
-2,205,044
| -34% | -$29.5M |
|
22
Element Solutions
ESI
$8.9B
| $52.2M | 1.12% |
4,066,777
-1,361,768
| -25% | -$16.6M |
|
23
Wheaton Precious Metals
WPM
$71.8B
| $49.5M | 1.07% |
3,988,882
-766,835
| -16% | -$10.1M |
|
|
ECHO
24
EchoStar
ECHO
$25.1B
| $44M | 0.95% |
1,389,636
-115,898
| -8% | -$3.89M |
|
25
CALL
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$272M
| $43.4M | 0.94% |
+1
| New | +$38.6M |
|
Similar funds
SA
AC
OA
TGA
PWM
APFBOT
RCM
CFIC
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.