Horizon Kinetics Asset Management LLC Murray Stahl
New York, NY 21 processed 13Fs on this site, 2021 Q3 to 2026 Q2
- $8.8B
- 348 holdings
- 2026 Q2
- −4.5% QoQ
- Top 5 66.8%
Murray Stahl's biggest moves in 2026 Q2 were opening Whitehawk Minerals and Eaglerock LD, adding to Miami International and Landbridge, trimming Texas Pacific Land and Grayscale Bitcoin Trust ETF, and selling out of Ea Series Trust and CMSG.
AUM over time
Latest book
| TPL, Texas Pacific Land | Reduce −2.1% | 9,802,899 | $437.64 | $4.3B | −212,480 | −$463M | |
| GBTC, Grayscale Bitcoin Trust ETF | Reduce −13.3% | 12,139,990 | $45.52 | $553M | −1,864,892 | −$186M | |
| LB, Landbridge | Add +2.9% | 5,821,263 | $79.24 | $461M | +164,129 | +$71M | |
| HE, Hawaiian Electric | Add +3.5% | 22,395,397 | $13.53 | $303M | +760,103 | −$18M | |
| MIAX, Miami International | Add +127.2% | 7,842,173 | $37.16 | $291M | +4,390,624 | +$157M | |
| WBI | Add +4.2% | 7,650,237 | $34.27 | $262M | +308,090 | +$65M | |
| WPM, Wheaton Precious Metals | Reduce −4.2% | 1,686,903 | $112.32 | $189M | −74,616 | −$41M | |
| PBT, Permian Basin Rty Trust | Add +5.5% | 6,729,289 | $25.04 | $169M | +349,597 | +$31M | |
| FNV, Franco Nev | Add +2.1% | 773,418 | $208.44 | $161M | +16,121 | −$26M | |
| BTC, Grayscale Bitcoin Mini Trust | Add +102.0% | 6,067,993 | $25.95 | $157M | +3,063,577 | +$67M | |
| ICE, Intercontinental Exchange | Add +17.4% | 984,701 | $123.11 | $121M | +145,802 | −$11M | |
| CBOE, Cboe Global Markets | Add +1.1% | 414,634 | $242.67 | $101M | +4,568 | −$15M | |
| LNG, Cheniere Energy | Reduce −4.4% | 402,040 | $239.01 | $96M | −18,288 | −$23M | |
| MSB, Mesabi Trust | Add +2.5% | 3,219,382 | $25.30 | $81M | +78,410 | −$17M | |
| CVEO, Civeo Corporation Cda | Reduce −2.6% | 2,290,991 | $35.00 | $80M | −61,362 | +$18M | |
| CACI, CACI International | Reduce −0.6% | 153,743 | $463.26 | $71M | −905 | −$13M | |
| CCJ, Cameco | Add +7.0% | 697,741 | $101.86 | $71M | +45,916 | +$277K | |
| VNOM, Viper Energy | Reduce −0.6% | 1,652,125 | $42.40 | $70M | −10,516 | −$8.1M | |
| BN, Brookfield Corporation | Add +1.0% | 1,587,339 | $42.59 | $68M | +15,403 | +$4M | |
| CME, CME Group | Add +5.0% | 283,774 | $220.83 | $63M | +13,521 | −$17M | |
| OR, Or Royalties | Add +9.2% | 1,915,799 | $31.63 | $61M | +161,655 | −$6.1M | |
| WHK, Whitehawk Minerals | New | 1,552,705 | $27.82 | $43M | +1,552,705 | +$43M | |
| AN, Autonation | Reduce −5.4% | 212,917 | $185.79 | $40M | −12,136 | −$4.4M | |
| TRC, Tejon Ranch | Add +5.7% | 2,011,689 | $18.70 | $38M | +109,083 | +$1.8M | |
| JOE, St Joe | Add +9.2% | 592,608 | $62.63 | $37M | +49,999 | +$3M | |
| EROK, Eaglerock LD | New | 1,684,213 | $21.25 | $36M | +1,684,213 | +$36M | |
| HKHC | Hold | 1,075,416 | $33.00 | $35M | — | — | |
| GLXY, Galaxy Digital | Reduce −1.2% | 1,236,051 | $27.34 | $34M | −14,918 | +$11M | |
| BG, Bunge Global | Reduce −15.7% | 284,079 | $106.73 | $30M | −52,865 | −$13M | |
| GBTC, iShares Bitcoin Trust ETF | Add +5.5% | 837,308 | $33.29 | $28M | +43,965 | −$2.6M | |
| SII, Sprott | Add +12.2% | 232,217 | $112.35 | $26M | +25,220 | −$3.5M | |
| WTM, White Mountains Insurance Group | Reduce −6.9% | 12,206 | $2,073 | $25M | −906 | −$3.5M | |
| PAG, Penske Automotive Group | Reduce −2.4% | 139,067 | $178.95 | $25M | −3,440 | +$3.6M | |
| RBA, RB Global | Add +13.2% | 211,349 | $116.45 | $25M | +24,618 | +$6.7M | |
| SJT, San Juan Basin Rty Trust | Add +7.4% | 7,494,020 | $3.21 | $24M | +515,179 | −$9.5M | |
| MMC, Marsh McLennan | Reduce −7.5% | 139,983 | $166.67 | $23M | −11,358 | −$2.9M | |
| BND, Vanguard Bond Index Funds | Add +36.0% | 461,108 | $49.78 | $23M | +122,054 | +$6.1M | |
| DMLP, Dorchester Minerals | Reduce −0.9% | 852,651 | $25.25 | $22M | −7,575 | −$1.8M | |
| RPRX | Add +1.2% | 344,861 | $56.07 | $19M | +4,078 | +$3M | |
| BRK.B, Berkshire Hathaway Class B | Reduce −2.1% | 37,231 | $500.39 | $19M | −802 | +$405K | |
| LYV, Live Nation Entertainment | Reduce −35.7% | 100,989 | $183.11 | $18M | −56,180 | −$5.5M | |
| TFPM, Triple Flag Precious Metal | Add +22.6% | 506,677 | $29.97 | $15M | +93,247 | +$835K | |
| IPAR, Interparfums | Reduce −5.8% | 130,333 | $111.86 | $15M | −8,000 | +$2M | |
| OSK, Oshkosh | Reduce −23.3% | 88,816 | $153.48 | $14M | −26,973 | −$3.4M | |
| RCL, Royal Caribbean | Reduce −23.8% | 39,414 | $317.53 | $13M | −12,284 | −$1.7M | |
| CCL, Carnival | New | 428,340 | $28.57 | $12M | +428,340 | +$12M | |
| MSTR, Strategy | Reduce −6.8% | 129,774 | $86.93 | $11M | −9,479 | −$6.1M | |
| TW, Tradeweb Markets | Add +1750.1% | 97,740 | $99.66 | $9.7M | +92,457 | +$9.1M | |
| WMB, Williams Companies | Reduce −7.0% | 128,678 | $74.34 | $9.6M | −9,623 | −$500K | |
| MSGS, MSG Sports | Reduce −0.5% | 23,221 | $401.84 | $9.3M | −126 | +$1.8M | |
| RGLD, Royal Gold | Reduce −2.3% | 46,068 | $199.61 | $9.2M | −1,074 | −$2.8M | |
| MA, Mastercard | Reduce −9.4% | 17,681 | $513.59 | $9.1M | −1,835 | −$670K | |
| AB, Alliancebernstein | Add +14.3% | 248,496 | $35.22 | $8.8M | +31,049 | +$611K | |
| BAM, Brookfield Asset Management | Reduce −0.1% | 189,299 | $44.85 | $8.5M | −272 | +$64K | |
| SBR, Sabine Rty Trust | Add +0.6% | 111,796 | $73.20 | $8.2M | +646 | −$191K | |
| ET, Energy Transfer | Add +1.4% | 404,287 | $19.12 | $7.7M | +5,579 | +$35K | |
| SPHR, Sphere Entertainment | Reduce −3.4% | 44,657 | $173.03 | $7.7M | −1,595 | +$2.3M | |
| FRMI, Fermi | Add +54.8% | 824,227 | $9.16 | $7.5M | +291,801 | +$4.4M | |
| WST, West Pharmaceutical | Add +1.5% | 172,227 | $43.76 | $7.5M | +2,483 | +$548K | |
| FWONK, Liberty Media | Reduce −6.0% | 76,118 | $95.14 | $7.2M | −4,872 | +$356K | |
| SPAQ, Listed Funds Trust | Reduce −0.6% | 71,541 | $93.65 | $6.7M | −413 | +$171K | |
| AMLP, Alps ETF Trust | Add +21.0% | 128,940 | $51.85 | $6.7M | +22,420 | +$1.1M | |
| LBRT, Liberty Energy | Reduce −18.5% | 234,806 | $26.19 | $6.1M | −53,416 | −$2.2M | |
| KLAC, KLA | Add +820.1% | 19,855 | $301.71 | $6M | +17,697 | +$2.8M | |
| NRP, Natural Resource Partners | Add +5.3% | 60,951 | $97.00 | $5.9M | +3,080 | −$1.1M | |
| FCX, Freeport-McMoRan | Reduce −2.5% | 89,581 | $62.89 | $5.6M | −2,300 | +$233K | |
| SAIC, Science Applications International | Add +0.8% | 51,007 | $110.41 | $5.6M | +426 | +$831K | |
| NDAQ, Nasdaq | Add +0.3% | 70,934 | $78.82 | $5.6M | +228 | −$411K | |
| JAPN, Listed Funds Trust | Add +7.6% | 244,972 | $22.49 | $5.5M | +17,207 | +$351K | |
| BCDF, Listed Funds Trust | Add +8.4% | 179,946 | $29.80 | $5.4M | +13,891 | +$258K | |
| XOM, Exxon Mobil | Reduce −4.2% | 38,037 | $136.72 | $5.2M | −1,655 | −$1.5M | |
| ABBV, AbbVie | Reduce −1.7% | 18,887 | $251.64 | $4.8M | −322 | +$575K | |
| LLY, Eli Lilly | Reduce −3.6% | 3,824 | $1,199 | $4.6M | −141 | +$940K | |
| INFL, Listed Funds Trust | Reduce −9.4% | 90,957 | $49.88 | $4.5M | −9,395 | −$687K | |
| VGSH, Vanguard Scottsdale Funds | Reduce −26.1% | 72,932 | $58.20 | $4.2M | −25,816 | −$1.5M | |
| CAT, Caterpillar | Reduce −4.5% | 3,931 | $1,065 | $4.2M | −186 | +$1.3M | |
| EPD, Enterprise Products Partners | Reduce −2.2% | 112,333 | $36.76 | $4.1M | −2,487 | −$215K | |
| MKL, Markel Group | Reduce −1.8% | 2,064 | $1,953 | $4M | −38 | +$9K | |
| CSCO, Cisco | Reduce −8.6% | 34,266 | $117.46 | $4M | −3,225 | +$1.1M | |
| HHH, Howard Hughes | Reduce −71.7% | 55,500 | $71.49 | $4M | −140,910 | −$8.5M | |
| JNJ, Johnson & Johnson | Reduce −1.3% | 15,508 | $253.97 | $3.9M | −201 | +$99K | |
| MRK, Merck | Reduce −0.8% | 28,151 | $128.50 | $3.6M | −232 | +$203K | |
| PM, Philip Morris International | Reduce −0.6% | 19,624 | $180.91 | $3.6M | −110 | +$287K | |
| VRT, Vertiv | Reduce −4.6% | 10,515 | $334.82 | $3.5M | −510 | +$758K | |
| NTR, Nutrien | Reduce −1.4% | 50,527 | $62.95 | $3.2M | −697 | −$685K | |
| Costamare | Add +0.2% | 222,350 | $14.02 | $3.1M | +500 | −$632K | |
| Metalla Rty & Streaming | Hold | 404,297 | $7.61 | $3.1M | — | — | |
| SU, Suncor Energy | Hold | 56,237 | $53.68 | $3M | — | — | |
| XNEAX, Nuveen Amt Free Qlty Mun | Reduce −14.3% | 254,046 | $11.74 | $3M | −42,260 | −$345K | |
| BR, Broadridge Financial | Reduce −2.1% | 21,706 | $136.95 | $3M | −470 | −$631K | |
| OPLN, Openlane | Reduce −0.4% | 71,030 | $41.24 | $2.9M | −313 | +$850K | |
| CTRI, Centuri | New | 96,043 | $30.24 | $2.9M | +96,043 | +$2.9M | |
| GBTC, Grayscale Bitcoin Trust | Add +31.1% | 1,950,062 | $1.48 | $2.9M | +462,821 | −$2.1M | |
| ARLP | Add +15.0% | 120,451 | $23.98 | $2.9M | +15,742 | −$7K | |
| MSGE, MSG Entertainment | Reduce −1.9% | 35,041 | $80.89 | $2.8M | −690 | +$730K | |
| WT, Wisdomtree | Reduce −1.2% | 166,115 | $16.94 | $2.8M | −1,941 | +$367K | |
| MO, Altria | Hold | 38,957 | $71.95 | $2.8M | — | — | |
| RCG, Renn Fund | Add +1.9% | 929,018 | $2.99 | $2.8M | +16,954 | −$213K | |
| TD, Toronto-Dominion Bank | Reduce −0.2% | 22,450 | $121.43 | $2.7M | −50 | +$627K | |
| LHX, L3Harris | Hold | 9,153 | $290.60 | $2.7M | — | — | |
| FWONA, Liberty Media | Reduce −11.0% | 30,336 | $87.54 | $2.7M | −3,756 | −$6K | |
| APYX, Apyx Medical | Reduce −4.9% | 585,000 | $4.49 | $2.6M | −30,000 | +$357K | |
| LTCN | Add +42.4% | 837,141 | $3.09 | $2.6M | +249,155 | +$188K | |
| MSFT, Microsoft | Reduce −0.4% | 6,894 | $373.02 | $2.6M | −30 | +$9K | |
| BMY, Bristol Myers Squibb | Reduce −0.3% | 44,552 | $57.62 | $2.6M | −154 | −$144K | |
| EXP, Eagle Materials | Reduce −36.6% | 10,684 | $225.01 | $2.4M | −6,181 | −$791K | |
| EMR, Emerson Electric | Hold | 16,592 | $143.15 | $2.4M | — | — | |
| GE, GE Aerospace | Reduce −1.0% | 6,354 | $373.73 | $2.4M | −64 | +$553K | |
| BATRK, Atlanta Braves | Reduce −1.1% | 45,441 | $51.90 | $2.4M | −490 | +$397K | |
| PAA, Plains All American Pipeline | Add +16.8% | 105,324 | $22.26 | $2.3M | +15,115 | +$330K | |
| CVX, Chevron | Reduce −1.6% | 13,800 | $165.76 | $2.3M | −218 | −$613K | |
| RTX | Hold | 11,895 | $189.73 | $2.3M | — | — | |
| IRM, Iron Mountain | Reduce −3.0% | 17,845 | $126.31 | $2.3M | −560 | +$374K | |
| EQT | Reduce −2.9% | 41,270 | $53.17 | $2.2M | −1,251 | −$512K | |
| ADM, Archer-Daniels-Midland | Reduce −51.7% | 28,642 | $76.40 | $2.2M | −30,670 | −$2.1M | |
| BKKT, Bakkt | Reduce −11.6% | 279,964 | $7.81 | $2.2M | −36,574 | −$143K | |
| FNF, Fidelity National Financial | Add +1.8% | 45,271 | $47.16 | $2.1M | +793 | +$72K | |
| BSM | Hold | 151,238 | $13.97 | $2.1M | — | — | |
| RMT, Royce Micro-Cap Trust | Add +1.5% | 134,738 | $14.64 | $2M | +1,930 | +$471K | |
| ROK, Rockwell Automation | Hold | 3,895 | $495.08 | $1.9M | — | — | |
| SON, Sonoco Products | Add +7.0% | 33,430 | $56.35 | $1.9M | +2,200 | +$195K | |
| LVS, Las Vegas Sands | Add +0.2% | 40,107 | $46.19 | $1.9M | +100 | −$303K | |
| AMRZ, Amrize | New | 34,573 | $53.30 | $1.8M | +34,573 | +$1.8M | |
| AAPL, Apple | Reduce −1.6% | 6,323 | $289.37 | $1.8M | −104 | +$199K | |
| VOO, Vanguard S&P 500 ETF | Reduce −11.7% | 2,599 | $686.81 | $1.8M | −345 | +$26K | |
| PFE, Pfizer | Add +1.0% | 69,662 | $24.08 | $1.7M | +712 | −$259K | |
| GEV, GE Vernova | Reduce −1.1% | 1,423 | $1,175 | $1.7M | −16 | +$416K | |
| NVS, Novartis | Reduce −3.7% | 10,588 | $156.72 | $1.7M | −403 | −$20K | |
| CRL, Charles River Labs International | Reduce −41.7% | 7,103 | $226.79 | $1.6M | −5,089 | −$492K | |
| V, Visa | Hold | 4,666 | $343.09 | $1.6M | — | — | |
| REZI, Resideo Technologies | Add +1.0% | 51,396 | $31.10 | $1.6M | +500 | −$117K | |
| FTLF, Fitlife Brands | Reduce −6.1% | 145,000 | $11.01 | $1.6M | −9,456 | −$597K | |
| SLV, iShares Silver Trust | Reduce −0.3% | 29,765 | $53.47 | $1.6M | −90 | −$443K | |
| WPC, WP Carey | Hold | 22,000 | $71.50 | $1.6M | — | — | |
| RIO, Rio Tinto | Reduce −0.4% | 16,226 | $94.93 | $1.5M | −70 | +$20K | |
| MYI | Reduce −34.4% | 136,538 | $11.11 | $1.5M | −71,456 | −$669K | |
| BK, BNY | Hold | 10,308 | $144.61 | $1.5M | — | — | |
| NRK, Nuveen NY Amt Free | Hold | 138,453 | $10.72 | $1.5M | — | — | |
| ADI, Analog Devices | Reduce −3.6% | 3,626 | $397.22 | $1.4M | −135 | +$244K | |
| BATRA, Atlanta Braves | Reduce −1.5% | 24,836 | $56.31 | $1.4M | −372 | +$210K | |
| NVDA, Nvidia | Reduce −1.3% | 6,920 | $200.09 | $1.4M | −90 | +$162K | |
| SVXY, Proshares Trust II | Hold | 23,986 | $57.26 | $1.4M | — | — | |
| MSTR, Pimco Income Strategy Fund II | Hold | 191,463 | $7.13 | $1.4M | — | — | |
| GLD, SPDR Gold Shares | Reduce −5.5% | 3,650 | $368.38 | $1.3M | −213 | −$318K | |
| MPC, Marathon Petroleum | Hold | 5,202 | $255.67 | $1.3M | — | — | |
| BN, Brookfield Corporation | Reduce 0.0% | 30,730 | $42.66 | $1.3M | −7 | +$38K | |
| SBLK, Star Bulk Carriers | Add +0.6% | 52,066 | $24.97 | $1.3M | +296 | +$111K | |
| NAD, Nuveen Quality Muncp Income | Reduce −34.8% | 105,829 | $12.12 | $1.3M | −56,594 | −$585K | |
| GSK | Reduce −1.5% | 24,046 | $52.42 | $1.3M | −373 | −$87K | |
| VRSK, Verisk | Hold | 7,000 | $179.53 | $1.3M | — | — | |
| KMI, Kinder Morgan | Reduce −1.7% | 38,312 | $31.97 | $1.2M | −670 | −$82K | |
| VXF, Vanguard Index Funds | Reduce −18.4% | 4,932 | $246.21 | $1.2M | −1,114 | −$30K | |
| SPGI, S&P Global | Reduce −20.8% | 2,970 | $407.31 | $1.2M | −780 | −$385K | |
| SEG, Seaport | Reduce −18.9% | 42,503 | $26.60 | $1.1M | −9,937 | +$4K | |
| GOOG, Alphabet Class C | Reduce −5.5% | 3,115 | $353.33 | $1.1M | −180 | +$155K | |
| Grayscale Coindesk Crypto | Hold | 41,029 | $26.39 | $1.1M | — | — | |
| ALKS, Alkermes | Reduce −4.6% | 20,132 | $52.39 | $1.1M | −967 | +$309K | |
| C, Citigroup | Hold | 7,475 | $139.96 | $1M | — | — | |
| Redwire | New | 84,100 | $12.23 | $1M | +84,100 | +$1M | |
| GOOGL, Alphabet Class A | Reduce −3.5% | 2,829 | $357.37 | $1M | −104 | +$168K | |
| IBM | Reduce −0.4% | 3,570 | $281.21 | $1M | −15 | +$135K | |
| NSC, Norfolk Southern | Add +1.6% | 3,083 | $314.59 | $970K | +50 | +$99K | |
| MQY | Reduce −0.8% | 82,345 | $11.60 | $955K | −636 | +$44K | |
| AZN, AstraZeneca | Reduce −4.6% | 5,015 | $189.62 | $951K | −241 | −$86K | |
| EOG, EOG Resources | Reduce −3.6% | 7,291 | $129.73 | $946K | −276 | −$148K | |
| CMS, CMS Energy | Hold | 12,197 | $76.50 | $933K | — | — | |
| MCD, McDonald's | Hold | 3,439 | $270.31 | $930K | — | — | |
| JFR, Nuveen Floating Rate Income | Reduce −0.7% | 118,450 | $7.67 | $909K | −858 | +$11K | |
| WEN, Wendys | Reduce −59.6% | 108,803 | $8.29 | $902K | −160,374 | −$969K | |
| OIH, Vaneck ETF Trust | Hold | 2,412 | $372.07 | $897K | — | — | |
| BAC, Bank of America | Reduce −4.4% | 15,735 | $56.98 | $897K | −725 | +$94K | |
| QCOM, Qualcomm | Reduce −13.3% | 4,777 | $184.79 | $883K | −735 | +$173K | |
| ABT, Abbott Laboratories | Add +1.6% | 9,716 | $90.74 | $882K | +150 | −$101K | |
| IONS, Ionis Pharmaceuticals | Reduce −4.6% | 10,904 | $79.29 | $865K | −524 | +$6K | |
| URI, United Rentals | Hold | 756 | $1,133 | $856K | — | — | |
| HUBB, Hubbell | Reduce −53.7% | 1,635 | $523.20 | $855K | −1,897 | −$878K | |
| BAH | Add +0.5% | 14,071 | $60.67 | $854K | +75 | −$238K | |
| PDI, Pimco Dynamic Income Fund | Reduce −0.9% | 51,039 | $16.70 | $852K | −440 | −$28K | |
| SPY, SPDR S&P 500 ETF Trust | Reduce −8.3% | 1,141 | $746.77 | $852K | −103 | +$43K | |
| KMB, Kimberly-Clark | New | 7,636 | $109.77 | $838K | +7,636 | +$838K | |
| AMGN, Amgen | Reduce −4.1% | 2,300 | $362.12 | $833K | −99 | −$11K | |
| SAN, Banco Santander | Reduce −3.2% | 60,310 | $13.80 | $832K | −2,000 | +$129K | |
| DHR, Danaher | Reduce −0.6% | 4,331 | $190.48 | $825K | −28 | −$1K | |
| ELS, Equity Lifestyle Properties | Reduce −37.5% | 11,850 | $64.45 | $764K | −7,105 | −$419K | |
| GIS, General Mills | Reduce −28.0% | 21,660 | $34.80 | $754K | −8,430 | −$366K | |
| BRK.A, Berkshire Hathaway Class A | Hold | 1 | $748,850 | $749K | — | — | |
| SIRI, Sirius XM | Reduce −2.4% | 25,196 | $29.54 | $744K | −612 | +$149K | |
| NVO, Novo Nordisk | Hold | 15,350 | $47.94 | $736K | — | — | |
| HON, Honeywell | New | 3,286 | $223.90 | $736K | +3,286 | +$736K | |
| MSTR, Pimco Income Strategy Fund | Hold | 93,252 | $7.88 | $735K | — | — | |
| LIN, Linde | Hold | 1,400 | $518.94 | $727K | — | — | |
| HON, Honeywell | New | 3,286 | $221.08 | $726K | +3,286 | +$726K | |
| UNH, UnitedHealth Group | Add +2.9% | 1,745 | $415.63 | $725K | +50 | +$267K | |
| AEHR, Aehr Test Systems | Reduce −66.3% | 7,280 | $96.06 | $699K | −14,320 | −$102K | |
| VMI, Valmont Industries | Hold | 1,201 | $577.60 | $694K | — | — | |
| AMG, Affiliated Managers Group | Hold | 1,998 | $338.40 | $676K | — | — | |
| RSP | Add +0.4% | 3,131 | $212.79 | $666K | +13 | +$68K | |
| ALNY, Alnylam Pharmaceuticals | Reduce −4.6% | 2,168 | $301.03 | $653K | −104 | −$99K | |
| XFRAX | Hold | 59,291 | $10.99 | $652K | — | — | |
| IAU, iShares Gold Trust | Hold | 8,566 | $75.51 | $647K | — | — | |
| RQI | Hold | 50,033 | $12.31 | $616K | — | — | |
| DGX, Quest Diagnostics | Hold | 2,900 | $211.95 | $615K | — | — | |
| GS, Goldman Sachs | Reduce −4.0% | 598 | $1,011 | $605K | −25 | +$78K | |
| BX, Blackstone | Hold | 5,092 | $117.67 | $599K | — | — | |
| BIIB, Biogen | Reduce −4.6% | 2,726 | $216.06 | $589K | −131 | +$65K | |
| GDXJ, Vaneck ETF Trust | Reduce −0.4% | 5,531 | $98.25 | $543K | −25 | −$124K | |
| META, Meta Platforms | Add +69.7% | 964 | $563.25 | $543K | +396 | +$218K | |
| PCT, Pure Cycle | Reduce 0.0% | 50,526 | $10.71 | $541K | −5 | +$33K | |
| RYN, Rayonier Advanced Materials | Hold | 68,500 | $7.86 | $538K | — | — | |
| NEM, Newmont | Reduce −12.8% | 5,600 | $93.40 | $523K | −821 | −$172K | |
| DSL, Doubleline Income Solutions | Reduce −13.7% | 46,153 | $11.06 | $510K | −7,309 | −$69K | |
| CRSP, Crispr Therapeutics | Reduce −4.5% | 9,353 | $54.54 | $510K | −443 | +$44K | |
| BWXT, BWX Technologies | Reduce −3.2% | 2,563 | $194.65 | $499K | −84 | −$42K | |
| STZ, Constellation Brands | Reduce −23.5% | 3,575 | $139.09 | $497K | −1,098 | −$204K | |
| TEXX, Listed Funds Trust | Add +8.7% | 17,099 | $28.77 | $492K | +1,362 | +$49K | |
| PHYS, Sprott Asset Management | Hold | 16,262 | $30.17 | $491K | — | — | |
| Costamare Bulkers | Hold | 27,580 | $17.56 | $484K | — | — | |
| XES, SPDR Series Trust | Reduce −25.5% | 4,305 | $112.08 | $483K | −1,470 | −$189K | |
| UPS | New | 4,460 | $107.50 | $479K | +4,460 | +$479K | |
| ZCSH, Grayscale Zcash Trust Zec | Add +17.9% | 17,883 | $26.80 | $479K | +2,710 | +$166K | |
| CRCL, Circle Internet Group | Add +10.2% | 7,636 | $62.63 | $478K | +704 | −$183K | |
| LEN, Lennar Class A | Add +7.5% | 5,284 | $90.49 | $478K | +370 | +$51K | |
| MOV, Movado Group | Hold | 12,000 | $39.31 | $472K | — | — | |
| MDLZ, Mondelez | Reduce −1.1% | 8,152 | $57.84 | $472K | −92 | −$4K | |
| FHI, Federated Hermes | Reduce −1.8% | 8,419 | $55.22 | $465K | −150 | −$21K | |
| KRP, Kimbell Rty Partners | Reduce −13.4% | 31,467 | $14.53 | $457K | −4,873 | −$69K | |
| AXP, American Express | Hold | 1,306 | $338.25 | $442K | — | — | |
| MMM, 3M | Reduce −46.0% | 2,700 | $161.91 | $437K | −2,300 | −$289K | |
| NBH, Neuberger Mun Fund | Hold | 41,396 | $10.55 | $437K | — | — | |
| EBAY, eBay | Reduce −48.2% | 3,803 | $111.75 | $425K | −3,544 | −$244K | |
| CNP, Centerpoint Energy | Reduce −4.7% | 9,641 | $44.04 | $425K | −477 | −$12K | |
| GWW, W.W. Grainger | Reduce −1.0% | 302 | $1,360 | $411K | −3 | +$78K | |
| BTZ | Reduce −2.1% | 39,700 | $10.22 | $406K | −834 | −$4K | |
| GM, General Motors | Hold | 5,250 | $77.08 | $405K | — | — | |
| OXY, Occidental | Reduce −5.9% | 8,331 | $48.57 | $405K | −519 | −$171K | |
| REGN, Regeneron | Reduce −4.4% | 645 | $623.54 | $402K | −30 | −$119K | |
| B | Add +0.2% | 10,818 | $36.73 | $397K | +21 | −$43K | |
| MHD | Reduce −55.4% | 33,214 | $11.90 | $395K | −41,316 | −$445K | |
| FHI, Federated Hermes | Hold | 34,170 | $11.49 | $393K | — | — | |
| RYN, Rayonier | Reduce −40.5% | 18,174 | $21.28 | $387K | −12,362 | −$243K | |
| NBB, Nuveen Taxable Municpal Inm | Reduce −3.5% | 23,977 | $15.78 | $378K | −863 | −$11K | |
| GBX, Greenbrier Companies | Reduce −11.5% | 7,700 | $49.01 | $377K | −1,000 | −$81K | |
| FIS, Fidelity National Information Services | Add +120.5% | 9,700 | $38.88 | $377K | +5,300 | +$171K | |
| CRAI, Cra International | Reduce −62.5% | 2,620 | $142.31 | $373K | −4,375 | −$760K | |
| MOD, Modine Manufacturing | Reduce −3.6% | 1,330 | $267.02 | $355K | −50 | +$56K | |
| AFL, Aflac | Hold | 3,000 | $117.25 | $352K | — | — | |
| BP, BP PLC | Reduce −2.1% | 9,266 | $36.95 | $342K | −200 | −$103K | |
| VZ, Verizon | Add +7.4% | 8,066 | $42.34 | $342K | +555 | −$36K | |
| VTI, Vanguard Index Funds | Hold | 922 | $370.04 | $341K | — | — | |
| NVIR, Listed Funds Trust | Reduce −2.2% | 8,760 | $38.79 | $340K | −200 | −$21K | |
| ETN, Eaton | Hold | 797 | $426.12 | $340K | — | — | |
| SLB | Reduce −6.8% | 7,289 | $46.49 | $339K | −530 | −$63K | |
| LLYVK, Liberty Live | Reduce −10.9% | 3,186 | $105.64 | $337K | −390 | $— | |
| NZF, Nuveen Mun CR Income Fund | Hold | 26,445 | $12.68 | $335K | — | — | |
| GDX, Vaneck ETF Trust | Reduce −13.5% | 4,336 | $75.45 | $327K | −675 | −$133K | |
| WOOD, iShares Trust | Reduce −6.6% | 4,915 | $66.24 | $326K | −345 | −$48K | |
| PSIX, Power Solutions International | Add +66.0% | 8,300 | $38.89 | $323K | +3,300 | +$18K | |
| FANG, Diamondback Energy | Reduce −8.4% | 1,834 | $175.78 | $322K | −168 | −$74K | |
| AJG, Arthur J. Gallagher | Reduce −30.7% | 1,354 | $229.57 | $311K | −599 | −$112K | |
| JPM, JPMorgan Chase | Reduce −37.7% | 896 | $327.33 | $293K | −542 | −$130K | |
| NAN, Nuveen NY Divi Adv | Hold | 24,903 | $11.73 | $292K | — | — | |
| GBTC, Grayscale Bitcoin Trust | Hold | 5,681 | $51.05 | $290K | — | — | |
| BEAM, Beam Therapeutics | Reduce −4.6% | 8,388 | $34.32 | $288K | −403 | +$78K | |
| DIS, Disney | Reduce −36.9% | 2,990 | $96.25 | $288K | −1,750 | −$169K | |
| Burford Capital | Add +74.0% | 68,112 | $4.10 | $279K | +28,976 | +$102K | |
| ETCG | Reduce 0.0% | 71,182 | $3.85 | $274K | −10 | −$39K | |
| DBL, Doubleline Opportunistic CR | Reduce −7.0% | 19,047 | $14.38 | $274K | −1,424 | −$25K | |
| CL, Colgate-Palmolive | Hold | 2,978 | $91.68 | $273K | — | — | |
| AVGO, Broadcom | Reduce −19.7% | 722 | $377.75 | $273K | −177 | −$6K | |
| COP, ConocoPhillips | Reduce −7.0% | 2,615 | $103.96 | $272K | −196 | −$99K | |
| L, Loews | Reduce −63.0% | 2,391 | $113.21 | $271K | −4,069 | −$419K | |
| BHP, BHP Billiton | Hold | 3,231 | $83.31 | $269K | — | — | |
| PNI, Pimco New York Mun Fund II | Hold | 37,634 | $7.09 | $267K | — | — | |
| ERII, Energy Recovery | Hold | 28,928 | $9.02 | $261K | — | — | |
| GPC, Genuine Parts | Hold | 2,190 | $117.98 | $258K | — | — | |
| LMT, Lockheed Martin | Hold | 507 | $509.46 | $258K | — | — | |
| AMZN, Amazon | Reduce −8.9% | 1,081 | $238.34 | $258K | −106 | +$10K | |
| MKTX, Marketaxess | Add +7.2% | 2,254 | $113.49 | $256K | +152 | −$91K | |
| CTAS, Cintas | Reduce −1.1% | 1,480 | $170.08 | $252K | −17 | −$1K | |
| NEE, NextEra Energy | Hold | 2,860 | $87.77 | $251K | — | — | |
| PEP, PepsiCo | Hold | 1,840 | $135.40 | $249K | — | — | |
| EFXT, Enerflex | Hold | 9,990 | $24.51 | $245K | — | — | |
| CQP | Hold | 4,000 | $60.95 | $244K | — | — | |
| WY, Weyerhaeuser | Reduce −2.6% | 10,081 | $23.94 | $241K | −274 | −$12K | |
| LOW, Lowe's | Hold | 1,068 | $220.49 | $235K | — | — | |
| AMT, American Tower | Hold | 1,400 | $163.57 | $229K | — | — | |
| IVZ, Invesco | Hold | 21,965 | $10.12 | $222K | — | — | |
| TMO, Thermo Fisher Scientific | Hold | 438 | $501.36 | $220K | — | — | |
| GALT, Galectin Therapeutics | Reduce −4.6% | 46,968 | $4.64 | $218K | −2,258 | +$81K | |
| BA, Boeing | Hold | 1,006 | $216.47 | $218K | — | — | |
| LLYVA | Reduce −7.0% | 2,134 | $101.26 | $216K | −161 | +$6K | |
| INTC, Intellia Therapeutics | Reduce −4.6% | 12,584 | $16.92 | $213K | −604 | +$44K | |
| ETN, Eaton | Hold | 20,001 | $10.60 | $212K | — | — | |
| NRG, NRG Energy | Reduce −0.6% | 1,426 | $146.06 | $208K | −9 | −$1K | |
| NIM, Nuveen Select Mat Mun Fund | Hold | 21,500 | $9.42 | $203K | — | — | |
| DBRG, Digitalbridge Group | Reduce −98.7% | 12,351 | $15.78 | $195K | −927,029 | −$14M | |
| MEDX, Listed Funds Trust | Hold | 5,189 | $36.71 | $191K | — | — | |
| TTI, Tetra Technologies | Hold | 16,320 | $11.33 | $185K | — | — | |
| LADR, Ladder Cap | Hold | 18,000 | $9.95 | $179K | — | — | |
| ETN, Eaton | Hold | 17,692 | $9.96 | $176K | — | — | |
| IVZ, Invesco | Hold | 14,739 | $11.58 | $171K | — | — | |
| NVG | Hold | 12,176 | $12.80 | $156K | — | — | |
| REPL, Replimune Group | Reduce −4.6% | 12,584 | $11.07 | $139K | −604 | +$38K | |
| VNDA, Vanda Pharmaceuticals | Reduce −4.6% | 22,648 | $6.12 | $139K | −1,088 | −$25K | |
| RA | Hold | 10,755 | $12.88 | $139K | — | — | |
| IWC, iShares Trust | Hold | 690 | $200.04 | $138K | — | — | |
| PCM, PCM Fund | Hold | 24,532 | $5.58 | $137K | — | — | |
| BGT | Hold | 12,678 | $10.66 | $135K | — | — | |
| JPC | Hold | 16,426 | $7.88 | $129K | — | — | |
| MYN | Hold | 12,009 | $10.15 | $122K | — | — | |
| NMZ | Add +7.3% | 11,125 | $10.57 | $118K | +756 | +$10K | |
| ETN, Eaton | Hold | 12,417 | $9.37 | $116K | — | — | |
| HLN, Haleon | Reduce −3.6% | 12,434 | $9.33 | $116K | −466 | −$13K | |
| PML, Pimco Mun Income Fund II | Hold | 15,050 | $7.61 | $115K | — | — | |
| ETN, Eaton | Hold | 21,730 | $4.98 | $108K | — | — | |
| NUV, Nuveen Mun Value Fund | Hold | 11,550 | $9.22 | $106K | — | — | |
| LTRN | Reduce −4.6% | 25,164 | $4.17 | $105K | −1,209 | +$69K | |
| ET, Energy Transfer | Hold | 8,300 | $11.46 | $95K | — | — | |
| EDIT, Editas Medicine | Reduce −4.6% | 27,680 | $3.24 | $90K | −1,330 | +$18K | |
| IEZ, iShares Trust | Hold | 3,131 | $26.90 | $84K | — | — | |
| ETHE | Hold | 5,393 | $12.76 | $69K | — | — | |
| VB, Vanguard Index Funds | Hold | 219 | $303.12 | $66K | — | — | |
| PFXF, Vaneck ETF Trust | Hold | 3,454 | $17.84 | $62K | — | — | |
| BCYC, Bicycle Therapeutics | Reduce −4.6% | 12,584 | $4.24 | $53K | −604 | −$8K | |
| PFF, iShares Trust | Hold | 1,326 | $30.49 | $40K | — | — | |
| ITA, iShares Trust | Hold | 160 | $242.42 | $39K | — | — | |
| SHV, iShares Trust | Hold | 338 | $110.35 | $37K | — | — | |
| ALLO, Allogene Therapeutics | Reduce −4.6% | 16,776 | $2.08 | $35K | −806 | −$8K | |
| VBR, Vanguard Index Funds | Hold | 135 | $242.99 | $33K | — | — | |
| IVZ, Invesco | Hold | 163 | $142.93 | $23K | — | — | |
| BIL, SPDR Series Trust | Hold | 250 | $91.64 | $23K | — | — | |
| PACB | Reduce −4.6% | 10,068 | $1.68 | $17K | −483 | +$3K | |
| HYD, Vaneck ETF Trust | Hold | 296 | $51.51 | $15K | — | — | |
| ETH, Grayscale Ethereum Staking | Hold | 653 | $15.03 | $10K | — | — | |
| LEN.B, Lennar Class B | Hold | 57 | $88.70 | $5K | — | — | |
| METV, Listed Funds Trust | Hold | 155 | $18.45 | $3K | — | — | |
| GBAT | Hold | 2,089 | $0.5682 | $1K | — | — | |
| AIA, iShares Trust | Hold | 8 | $141.62 | $1K | — | — | |
| MANA | Hold | 691 | $0.5311 | $367 | — | — |
Showing top 50 of 339 by value
Exits / last held
Gone since 2026 Q1, shown at their last reported size.
| Stock | % of portfolio | Recent activity | Shares | Reported price* | Value | Share change | $ change |
|---|---|---|---|---|---|---|---|
| CCL, Carnival | Exit | 0 | $25.88 | $25M | −957,653 | −$25M | |
| BOXX, Ea Series Trust | Exit | 0 | $116.29 | $5.5M | −47,475 | −$5.5M | |
| CMSG | Exit | 0 | $26.00 | $4.3M | −164,593 | −$4.3M | |
| TCOM, Tri Pointe Homes | Exit | 0 | $46.73 | $4M | −85,966 | −$4M | |
| PTEN, Patterson-Uti Energy | Exit | 0 | $10.83 | $2.8M | −258,608 | −$2.8M | |
| HON, Honeywell | Exit | 0 | $225.97 | $1.5M | −6,576 | −$1.5M | |
| SEE, Sealed Air | Exit | 0 | $42.05 | $1.4M | −33,250 | −$1.4M | |
| TQQQ, Proshares Trust | Exit | 0 | $41.67 | $502K | −12,048 | −$502K | |
| SQQQ, Proshares Trust | Exit | 0 | $80.42 | $497K | −6,180 | −$497K | |
| AWR, Amer States Water | Exit | 0 | $75.67 | $331K | −4,374 | −$331K | |
| T, AT&T | Exit | 0 | $29.04 | $264K | −9,090 | −$264K | |
| NOC, Northrop Grumman | Exit | 0 | $683.33 | $246K | −360 | −$246K | |
| NFLX, Netflix | Exit | 0 | $96.27 | $232K | −2,410 | −$232K | |
| DOW, Dow Holdings | Exit | 0 | $41.60 | $228K | −5,481 | −$228K | |
| AWK | Exit | 0 | $135.85 | $227K | −1,671 | −$227K | |
| COST, Costco | Exit | 0 | $995.19 | $207K | −208 | −$207K | |
| GEHC, GE HealthCare | Exit | 0 | $71.11 | $207K | −2,911 | −$207K | |
| LBRDA, Liberty Broadband Series C | Exit | 0 | $50.21 | $204K | −4,063 | −$204K | |
| XCXEX, MFS High Income Mun Trust | Exit | 0 | $3.72 | $80K | −21,525 | −$80K | |
| LBRDA, Liberty Broadband Series A | Exit | 0 | $49.84 | $46K | −923 | −$46K | |
| BITF, Bitfarms | Exit | 0 | $1.97 | $36K | −18,300 | −$36K |
Filings history
20 periods, with AUM normalized
| Period | Holds | AUM | QoQ | Form | Filed | Filing ID |
|---|---|---|---|---|---|---|
| 2026 Q2 | 351 | $8.8B | −4.5% | 13F-HR | 8/11/2026 | 000139834426014047 |
| 2026 Q1 | 353 | $9.2B | +24.9% | 13F-HR | 5/15/2026 | 000139834426009239 |
| 2025 Q4 | 324 | $7.4B | −9.9% | 13F-HR | 2/11/2026 | 000105682326000007 |
| 2025 Q3 | 336 | $8.2B | −2.7% | 13F-HR | 11/14/2025 | 000105682325000029 |
| 2025 Q2 | 352 | $8.4B | −4.3% | 13F-HR | 8/12/2025 | 000105682325000019 |
| 2025 Q1 | 347 | $8.8B | +9.7% | 13F-HR | 5/15/2025 | 000105682325000010 |
| 2024 Q4 | 349 | $8B | +20.2% | 13F-HR | 2/10/2025 | 000105682325000001 |
| 2024 Q3 | 346 | $6.7B | +16.8% | 13F-HR | 11/13/2024 | 000105682324000019 |
| 2024 Q2 | 324 | $5.7B | +8.2% | 13F-HR | 8/14/2024 | 000105682324000016 |
| 2024 Q1 | 323 | $5.3B | +10.7% | 13F-HR | 5/14/2024 | 000105682324000013 |
| 2023 Q4 | 325 | $4.8B | −5.4% | 13F-HR | 2/15/2024 | 000105682324000011 |
| 2023 Q3 | 331 | $5B | +8.7% | 13F-HR | 11/14/2023 | 000105682323000057 |
| 2023 Q2 | 334 | $4.6B | −10.8% | 13F-HR | 8/14/2023 | 000105682323000044 |
| 2023 Q1 | 334 | $5.2B | −11.9% | 13F-HR | 5/12/2023 | 000105682323000019 |
| 2022 Q4 | 324 | $6.1B | — | RESTATEMENT | 2/9/2023 | 000105682323000011 |
| 2022 Q4 | 324 | $5.9B | +19.0% | 13F-HR | 2/7/2023 | 000105682323000010 |
| 2022 Q3 | 329 | $5B | +4.0% | 13F-HR | 11/15/2022 | 000105682322000018 |
| 2022 Q2 | 336 | $4.8B | −3.8% | 13F-HR | 8/5/2022 | 000105682322000017 |
| 2022 Q1 | 345 | $5B | +9.3% | 13F-HR | 5/13/2022 | 000105682322000016 |
| 2021 Q4 | 349 | $4.5B | +6.1% | 13F-HR | 2/15/2022 | 000105682322000015 |
| 2021 Q3 | 338 | $4.3B | — | 13F-HR | 11/15/2021 | 000105682321000020 |
About
Horizon Kinetics Asset Management LLC
21 processed 13Fs on this site, 2021 Q3 to 2026 Q2