Follow-The-Filings

Featured 13F manager

Horizon Kinetics Asset Management LLC Murray Stahl

New York, NY 21 processed 13Fs on this site · 2021 Q3–2026 Q2

  • $8.8B
  • 348 Positions
  • 2026 Q2
  • −4.5% QoQ
  • Top 5 66.8%

Portfolio

2026 Q2 · filed 8/11/2026 · 348 long · top 12 shown

top 5 66.8% · top 10 77.5%

AUM over time

2026 Q2 $8.8B −4.5% QoQ
2021 Q3 · $4.3B 2021 Q3 · $4.3B
Q3 2021
2021 Q4 · $4.5B · +6.1% QoQ 2021 Q4 · $4.5B · +6.1% QoQ
Q4
2022 Q1 · $5B · +9.3% QoQ 2022 Q1 · $5B · +9.3% QoQ
Q1 2022
2022 Q2 · $4.8B · −3.8% QoQ 2022 Q2 · $4.8B · −3.8% QoQ
Q2
2022 Q3 · $5B · +4.0% QoQ 2022 Q3 · $5B · +4.0% QoQ
Q3
2022 Q4 · $5.9B · +19.0% QoQ 2022 Q4 · $5.9B · +19.0% QoQ
Q4
2023 Q1 · $5.2B · −11.9% QoQ 2023 Q1 · $5.2B · −11.9% QoQ
Q1 2023
2023 Q2 · $4.6B · −10.8% QoQ 2023 Q2 · $4.6B · −10.8% QoQ
Q2
2023 Q3 · $5B · +8.7% QoQ 2023 Q3 · $5B · +8.7% QoQ
Q3
2023 Q4 · $4.8B · −5.4% QoQ 2023 Q4 · $4.8B · −5.4% QoQ
Q4
2024 Q1 · $5.3B · +10.7% QoQ 2024 Q1 · $5.3B · +10.7% QoQ
Q1 2024
2024 Q2 · $5.7B · +8.2% QoQ 2024 Q2 · $5.7B · +8.2% QoQ
Q2
2024 Q3 · $6.7B · +16.8% QoQ 2024 Q3 · $6.7B · +16.8% QoQ
Q3
2024 Q4 · $8B · +20.2% QoQ 2024 Q4 · $8B · +20.2% QoQ
Q4
2025 Q1 · $8.8B · +9.7% QoQ 2025 Q1 · $8.8B · +9.7% QoQ
Q1 2025
2025 Q2 · $8.4B · −4.3% QoQ 2025 Q2 · $8.4B · −4.3% QoQ
Q2
2025 Q3 · $8.2B · −2.7% QoQ 2025 Q3 · $8.2B · −2.7% QoQ
Q3
2025 Q4 · $7.4B · −9.9% QoQ 2025 Q4 · $7.4B · −9.9% QoQ
Q4
2026 Q1 · $9.2B · +24.9% QoQ 2026 Q1 · $9.2B · +24.9% QoQ
Q1 2026
2026 Q2 · $8.8B · −4.5% QoQ 2026 Q2 · $8.8B · −4.5% QoQ
Q2

Book

2022 Q2 2022 Q1 · filed 5 Aug · long equity

TPL - Texas Pacific Land 46.91% Reduce −0.7% 1,505,675 $1,488 $2.2B −10,827 +$190M
FNV - Franco Nevada 3.07% Add +2.8% 1,113,917 $131.58 $147M +30,857 −$26M
CACI - Caci Intl · CL A 2.75% Reduce −1.7% 466,651 $281.78 $131M −7,889 −$11M
WPM - Wheaton Precious Metals 2.58% Add +2.7% 3,414,262 $36.03 $123M +89,965 −$35M
BN - Brookfield Asset Mgmt · CL A 2.16% Add +2.5% 2,323,461 $44.47 $103M +57,367 −$25M
ICE - Intercontinental Exchange 2.10% Add +5.6% 1,065,436 $94.04 $100M +56,391 −$33M
CVEO - Civeo Cda 1.88% Reduce −1.5% 3,474,099 $25.87 $90M −54,122 +$7M
ADM - Archer Daniels Midland 1.80% Add +12.4% 1,105,493 $77.60 $86M +121,611 −$3M
Viper Energy Partners 1.41% Add +14.4% 2,519,252 $26.68 $67M +316,238 +$2M
MSB - Mesabi Tr 1.35% Add +5.4% 2,628,804 $24.52 $64M +134,307 −$2M
CRL - Charles Riv Labs Intl 1.34% Add +8.6% 298,974 $213.97 $64M +23,735 −$14M
Brigham Minerals · CL A 1.16% Add +14.6% 2,243,428 $24.63 $55M +286,292 +$5M
CME - CME Group 1.13% Add +7.5% 264,149 $204.70 $54M +18,474 −$4M
SVXY - Proshares Tr Ii 0.98% Reduce −0.1% 970,989 $48.21 $47M −852 −$6M
CBOE - Cboe Global Markets 0.98% Reduce −0.9% 412,560 $113.19 $47M −3,867 −$950K
HHH - Howard Hughes 0.97% Reduce −3.6% 681,875 $68.05 $46M −25,654 −$27M
LYV - Live Nation Entertainment 0.95% Reduce −4.3% 547,246 $82.58 $45M −24,539 −$22M
Associated Cap Group · CL A 0.94% Reduce −0.5% 1,253,644 $35.83 $45M −6,685 −$8M
MMC - Marsh & Mclennan Cos 0.91% Add +13.8% 279,309 $155.25 $43M +33,773 +$2M
NTR - Nutrien 0.90% Add +21.3% 538,075 $79.69 $43M +94,461 −$3M
WST - West Fraser Timber 0.86% Add +17.2% 538,038 $76.73 $41M +78,926 +$3M
AN - Autonation 0.85% Reduce −0.8% 365,140 $111.76 $41M −3,055 +$4M
Sandstorm Gold 0.80% Add +6.6% 6,425,969 $5.95 $38M +395,529 −$10M
SAIC - Science Applicatns Intl Cp 0.78% Add +0.4% 400,467 $93.10 $37M +1,761 +$534K
BG - Bunge 0.76% Add +13.5% 398,837 $90.69 $36M +47,297 −$3M
WY - Weyerhaeuser 0.74% Add +15.2% 1,063,437 $33.12 $35M +140,403 +$238K
PBT - Permian Basin Rty Tr 0.72% Add +89.8% 2,090,495 $16.55 $35M +989,108 +$21M
CBRE - CBRE Group · CL A 0.67% Add +14.5% 433,396 $73.61 $32M +54,978 −$3M
Liberty Medica Del 0.58% Reduce −3.2% 768,156 $36.05 $28M −25,221 −$9M
Osisko Gold Royalties 0.54% Add +14.4% 2,556,407 $10.10 $26M +322,515 −$4M
WEN - Wendys 0.52% Reduce −9.8% 1,326,816 $18.88 $25M −143,753 −$7M
DMLP - Dorchester Minerals 0.51% Reduce −0.1% 1,029,301 $23.85 $25M −605 −$2M
PAG - Penske Automotive Grp 0.51% Reduce −2.9% 233,022 $104.69 $24M −6,904 +$2M
JOE - The Saint Joe 0.49% Add +11.4% 592,397 $39.56 $23M +60,803 −$8M
IEP - Icahn Enterprises 0.46% Reduce −3.9% 461,242 $48.12 $22M −18,495 −$3M
LBRDA - Liberty Broadband 0.40% Reduce −18.0% 167,011 $115.64 $19M −36,546 −$8M
RPRX - Royalty Pharma · CLASS A 0.40% Add +16.0% 453,556 $42.04 $19M +62,638 +$4M
SPGI - S&P Global 0.35% Reduce −5.9% 49,874 $337.05 $17M −3,126 −$5M
CNS - Cohen & Steers 0.34% Add +4.4% 258,430 $63.59 $16M +10,987 −$5M
RGLD - Royal Gold 0.32% Reduce −3.3% 143,378 $106.78 $15M −4,964 −$6M
ELS - Equity Lifestyle Pptys 0.29% Reduce −2.6% 194,427 $70.47 $14M −5,194 −$2M
Liberty Media Del 0.29% Reduce −2.1% 378,960 $36.04 $14M −8,181 −$4M
Liberty Media Del 0.28% Reduce −0.9% 209,863 $63.47 $13M −1,910 −$1M
OSK - Oshkosh 0.27% Reduce −3.2% 157,151 $82.14 $13M −5,186 −$3M
IPAR - Inter Parfums 0.26% Reduce −6.1% 172,367 $73.06 $13M −11,272 −$4M
SII - Sprott 0.26% Add +55.8% 353,995 $34.66 $12M +126,772 +$853K
TRC - Tejon Ranch Del 0.25% Reduce −5.9% 759,794 $15.52 $12M −47,716 −$3M
BRK.B - Berkshire Hathaway · CL B 0.25% Reduce −15.4% 43,181 $273.01 $12M −7,870 −$6M
Kraneshares Tr 0.22% Add +1.3% 217,795 $49.23 $11M +2,824 +$691K
MA - Mastercard · CL A 0.22% Reduce −12.2% 33,876 $315.47 $11M −4,707 −$3M

Showing top 50 of 324 by value

Exits / last held

not current holdings · last reported size, unchanged · gone vs 2022 Q1

Stock % of portfolio Recent activity Shares Reported price* Value Share change $ change
Discovery 0.06% Exit 0 $24.92 $3M −118,493 −$3M
Discovery 0.04% Exit 0 $24.98 $2M −70,265 −$2M
BLK - Blackrock Muniyield Quality 0.01% Exit 0 $12.16 $390K −32,065 −$390K
SHV - Ishares Tr 0.01% Exit 0 $110.24 $381K −3,456 −$381K
OXY - Occidental 0.01% Exit 0 $56.78 $321K −5,653 −$321K
AMZN - Amazon 0.01% Exit 0 $3,258 $290K −89 −$290K
DE - Deere 0.01% Exit 0 $415.62 $266K −640 −$266K
CLF - Cleveland-Cliffs 0.01% Exit 0 $32.25 $265K −8,216 −$265K
BHP - BHP Group 0.01% Exit 0 $77.11 $250K −3,242 −$250K
SLB - Schlumberger Exit 0 $41.33 $248K −6,000 −$248K
WYNN - Wynn Resorts Exit 0 $79.69 $244K −3,062 −$244K
DOW - DOW Inc Exit 0 $63.74 $241K −3,781 −$241K
COIN - Coinbase Global · CL A Exit 0 $190.25 $238K −1,251 −$238K
CQP — Exit 0 $56.25 $225K −4,000 −$225K
Holding Exit 0 $28.00 $224K −8,000 −$224K
WMT - Walmart Exit 0 $148.94 $217K −1,457 −$217K
FTV - Fortive Exit 0 $61.02 $216K −3,540 −$216K
NWL - Newell Brands Exit 0 $21.45 $212K −9,882 −$212K
Trecora Res Exit 0 $8.48 $212K −25,003 −$212K
Nektar Therapeutics Exit 0 $5.39 $158K −29,300 −$158K

* Reported price is value ÷ shares from the 13F as of period end — not a live market quote. Weight % is each long-equity position ÷ full 13F AUM, so rows may not sum to 100% when the filing includes options or other non-equity (excluded from this table). Share change and $ change are vs 2022 Q1. Click column headers to sort · click New / Hold / Add / Reduce to promote that move type to the top. Exit opens the last-held block below.

Filings history

20 periods · normalized AUM · open a period for holdings

Period Holdings 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 Q3–2026 Q2

Notable person
Murray Stahl
SEC filing name
HORIZON KINETICS ASSET MANAGEMENT LLC
Location
New York, NY
All SEC filings
View on sec.gov