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
top 5 66.8% · top 10 77.5%
- TPL - Texas Pacific Land 48.6%
- GBTC - Grayscale Bitcoin Trust ETF 6.3%
- LB - Landbridge · CL A 5.2%
- HE - Hawaiian Elec 3.4%
- MIAX - Miami Intl 3.3%
- WBI — · CL A 3.0%
- WPM - Wheaton Precious Metals 2.2%
- PBT - Permian Basin Rty Tr 1.9%
- FNV - Franco Nev 1.8%
- BTC - Grayscale Bitcoin Mini Tr 1.8%
- ICE - Intercontinental Exchange 1.4%
- CBOE - Cboe Global Mkts 1.1%
- Other 20.0%
AUM over time
Book
| TPL - Texas Pacific Land | 44.81% | Reduce −0.5% | 3,577,531 | $1,056 | $3.8B | −17,559 | −$984M |
| GBTC - Grayscale Bitcoin Trust ETF | 14.64% | Reduce −1.0% | 14,551,191 | $84.83 | $1.2B | −145,322 | +$277M |
| LB - Landbridge · CL A | 4.41% | Add +0.2% | 5,498,925 | $67.58 | $372M | +11,968 | −$23M |
| WPM - Wheaton Precious Metals | 3.18% | Add +1.0% | 2,985,486 | $89.80 | $268M | +28,792 | +$39M |
| HE - Hawaiian Elec Industries | 2.05% | Add +28.6% | 16,281,709 | $10.63 | $173M | +3,624,709 | +$34M |
| FNV - Franco Nev | 2.03% | Add +2.6% | 1,043,546 | $163.92 | $171M | +26,772 | +$11M |
| ICE - Intercontinental Exchange | 1.81% | Add +1.6% | 831,758 | $183.47 | $153M | +13,497 | +$11M |
| BTC - Grayscale Bitcoin Mini Tr | 1.74% | Add +0.4% | 3,072,369 | $47.75 | $147M | +11,733 | +$35M |
| LNG - Cheniere Energy | 1.40% | New | 484,912 | $243.52 | $118M | +484,912 | +$118M |
| CBOE - Cboe Global Mkts | 1.14% | Reduce −1.3% | 412,717 | $233.21 | $96M | −5,539 | +$2M |
| CACI - Caci Intl · CL A | 0.91% | Reduce −14.8% | 161,672 | $476.70 | $77M | −27,980 | +$7M |
| PBT - Permian Basin Rty Tr | 0.86% | Add +41.3% | 5,839,825 | $12.46 | $73M | +1,705,498 | +$32M |
| BN - Brookfield · CL A | 0.86% | Reduce −3.1% | 1,173,001 | $61.85 | $73M | −37,884 | +$9M |
| MSB - Mesabi Tr | 0.84% | Add +2.0% | 2,960,590 | $23.96 | $71M | +58,895 | −$8M |
| CVEO - Civeo Cda | 0.79% | Reduce −3.0% | 2,881,033 | $23.09 | $67M | −90,510 | −$2M |
| Viper Energy · CL A | 0.77% | Add +6.1% | 1,711,181 | $38.13 | $65M | +98,742 | −$8M |
| GBTC - Ishares Bitcoin Trust ETF | 0.70% | Add +10.5% | 961,927 | $61.21 | $59M | +91,607 | +$18M |
| MSTR - Microstrategy · CL A | 0.70% | Reduce −9.9% | 145,499 | $404.23 | $59M | −15,996 | +$12M |
| AN - Autonation | 0.62% | Reduce −6.7% | 261,774 | $198.65 | $52M | −18,719 | +$7M |
| CCJ - Cameco | 0.59% | Add +6.8% | 675,700 | $74.23 | $50M | +42,993 | +$24M |
| Aris Water Solutions · CLASS A | 0.59% | Add +43.1% | 2,095,604 | $23.65 | $50M | +631,318 | +$3M |
| LYV - Live Nation | 0.56% | Reduce −4.6% | 311,116 | $151.28 | $47M | −14,860 | +$4M |
| OR - Or Royalties | 0.55% | New | 1,817,501 | $25.71 | $47M | +1,817,501 | +$47M |
| DBRG - Digitalbridge Group · CL A | 0.44% | Add +5.0% | 3,617,965 | $10.35 | $37M | +171,988 | +$7M |
| CME - CME Group | 0.42% | Reduce −0.7% | 127,398 | $275.62 | $35M | −855 | +$1M |
| MMC - Marsh & Mclennan Cos | 0.41% | Add +5.5% | 156,787 | $218.64 | $34M | +8,194 | −$2M |
| Sandstorm Gold | 0.41% | Reduce −0.8% | 3,644,651 | $9.40 | $34M | −28,145 | +$7M |
| Associated Cap Group · CL A | 0.39% | Reduce −4.6% | 866,379 | $37.50 | $32M | −41,566 | −$2M |
| GLXY - Galaxy Digital · CL A | 0.35% | New | 1,364,267 | $21.90 | $30M | +1,364,267 | +$30M |
| PAG - Penske Automotive Grp | 0.35% | Reduce −7.3% | 171,327 | $171.81 | $29M | −13,536 | +$3M |
| BG - Bunge Global SA | 0.33% | Add +7.1% | 351,309 | $80.28 | $28M | +23,138 | +$3M |
| HHH - Howard Hughes | 0.33% | Reduce −4.7% | 416,373 | $67.50 | $28M | −20,633 | −$4M |
| TRC - Tejon Ranch | 0.33% | Add +99.9% | 1,647,497 | $16.96 | $28M | +823,435 | +$15M |
| SJT - San Juan Basin Rty Tr | 0.33% | Add +86.0% | 4,594,502 | $5.98 | $27M | +2,124,370 | +$14M |
| CCL1EUR — | 0.32% | Reduce −10.7% | 969,428 | $28.12 | $27M | −115,620 | +$6M |
| ADM - Archer Daniels Midland | 0.32% | Reduce −0.1% | 505,969 | $52.78 | $27M | −479 | +$2M |
| JOE - St Joe | 0.31% | Add +1.0% | 555,891 | $47.70 | $27M | +5,552 | +$678K |
| DMLP - Dorchester Minerals | 0.30% | Add +0.5% | 916,849 | $27.86 | $26M | +4,386 | −$2M |
| WST - West Fraser Timber | 0.26% | Add +5.6% | 304,838 | $73.30 | $22M | +16,206 | +$137K |
| BRK.B - Berkshire Hathaway · CL B | 0.24% | Reduce −1.4% | 42,526 | $485.77 | $21M | −595 | −$2M |
| WTM - White Mtns Ins Group | 0.23% | Reduce −3.3% | 10,971 | $1,796 | $20M | −374 | −$2M |
| IPAR - Interparfums | 0.22% | Reduce −5.0% | 139,780 | $131.31 | $18M | −7,341 | +$2M |
| BND - Vanguard Bd Index Fds | 0.21% | Reduce −8.4% | 362,083 | $49.87 | $18M | −33,258 | −$2M |
| RCL - Royal Caribbean Group | 0.21% | Reduce −0.7% | 56,172 | $313.14 | $18M | −389 | +$6M |
| Sitio Royalties · CLASS A | 0.20% | Add +4.1% | 921,938 | $18.38 | $17M | +36,444 | −$650K |
| SII - Sprott | 0.17% | Add +7.0% | 212,898 | $69.09 | $15M | +13,983 | +$6M |
| OSK - Oshkosh | 0.17% | Reduce −10.6% | 124,206 | $113.54 | $14M | −14,767 | +$1M |
| VGSH - Vanguard Scottsdale Fds | 0.17% | Reduce −0.2% | 237,388 | $58.78 | $14M | −476 | −$7K |
| RGLD - Royal Gold | 0.15% | Reduce −2.3% | 72,892 | $177.84 | $13M | −1,736 | +$761K |
| RPRX - Royalty Pharma · CLASS A | 0.15% | Add +7.3% | 353,471 | $36.03 | $13M | +23,901 | +$2M |
| SPAQ - Listed Fds Tr | 0.14% | Reduce −14.0% | 113,124 | $104.76 | $12M | −18,473 | −$1M |
| BAM — · CL A | 0.14% | Reduce −5.7% | 213,573 | $55.28 | $12M | −12,838 | +$837K |
| RBA - Rb Global | 0.14% | Reduce −0.7% | 110,030 | $106.19 | $12M | −809 | +$567K |
| MA - Mastercard · CL A | 0.13% | Add +1.7% | 19,957 | $561.93 | $11M | +327 | +$455K |
| WMB - Williams Cos | 0.13% | Reduce −0.4% | 171,915 | $62.81 | $11M | −750 | +$480K |
| FWONK - Liberty Media Del | 0.11% | Reduce −8.7% | 89,065 | $104.50 | $9M | −8,465 | +$529K |
| WEN - Wendys | 0.09% | Reduce −8.2% | 699,342 | $11.42 | $8M | −62,832 | −$3M |
| ET - Energy Transfer L P | 0.09% | Add +7.5% | 439,947 | $18.13 | $8M | +30,781 | +$370K |
| LBRDA - Liberty Broadband | 0.09% | Reduce −13.0% | 74,613 | $98.38 | $7M | −11,119 | +$49K |
| SBR - Sabine Rty Tr | 0.09% | Reduce −7.4% | 109,521 | $66.68 | $7M | −8,760 | −$704K |
| AB - Alliancebernstein L P | 0.08% | Add +42.2% | 164,892 | $40.83 | $7M | +48,906 | +$2M |
| PM - Philip Morris Intl | 0.08% | Reduce −8.0% | 35,214 | $182.13 | $6M | −3,080 | +$335K |
| NDAQ - Nasdaq | 0.07% | Reduce −32.8% | 69,496 | $89.42 | $6M | −33,847 | −$2M |
| FCX - Freeport-Mcmoran · CL B | 0.07% | Add +0.2% | 142,847 | $43.35 | $6M | +350 | +$797K |
| ELS - Equity Lifestyle Pptys | 0.07% | Reduce −3.4% | 97,128 | $61.67 | $6M | −3,400 | −$715K |
| SAIC - Science Applications Intl | 0.07% | Add +2.1% | 53,005 | $112.61 | $6M | +1,083 | +$140K |
| GBTC - Grayscale Bitcoin Trust | 0.07% | Add +2.3% | 1,541,264 | $3.86 | $6M | +34,535 | +$2M |
| MSFT - Microsoft | 0.07% | Reduce −5.9% | 11,851 | $497.39 | $6M | −746 | +$1M |
| XOM - Exxon Mobil | 0.07% | Reduce −0.4% | 54,253 | $107.80 | $6M | −206 | −$628K |
| SPGI - S&P Global | 0.06% | Reduce −34.6% | 10,186 | $527.29 | $5M | −5,384 | −$3M |
| MSGS - MSG Sports · CL A | 0.06% | Reduce −17.7% | 24,838 | $208.95 | $5M | −5,345 | −$687K |
| EPD - Enterprise Prods Partners L | 0.06% | Add +23.0% | 162,451 | $31.01 | $5M | +30,364 | +$528K |
| MKL - Markel Group | 0.06% | Reduce −3.2% | 2,416 | $1,997 | $5M | −80 | +$159K |
| BCDF - Listed Fds Tr | 0.06% | Add +14.3% | 150,778 | $31.17 | $5M | +18,839 | +$1M |
| BKKT - Bakkt · CL A | 0.06% | Reduce −0.1% | 335,279 | $13.95 | $5M | −473 | +$2M |
| BX - Blackstone | 0.05% | Reduce −0.7% | 29,999 | $149.58 | $4M | −201 | +$266K |
| ABBV - Abbvie | 0.05% | Reduce −1.9% | 23,710 | $185.62 | $4M | −447 | −$660K |
| INFL - Listed Fds Tr | 0.05% | Add +4.7% | 102,956 | $42.17 | $4M | +4,610 | +$344K |
| KLAC - KLA | 0.05% | Reduce −0.2% | 4,776 | $895.74 | $4M | −11 | +$1M |
| EXP - Eagle Matls | 0.05% | Reduce −10.1% | 20,161 | $202.11 | $4M | −2,261 | −$901K |
| LHX - L3harris Technologies | 0.05% | Hold | 16,050 | $250.85 | $4M | — | — |
| CSCO - Cisco Sys | 0.05% | Hold | 56,641 | $69.38 | $4M | — | — |
| NTR - Nutrien | 0.05% | Add +1.0% | 66,245 | $58.24 | $4M | +670 | +$601K |
| FWONA - Liberty Media Del | 0.05% | Reduce −1.6% | 40,236 | $94.96 | $4M | −634 | +$491K |
| XNEAX - Nuveen Amt Free Qlty Mun | 0.04% | Reduce −1.2% | 339,465 | $10.92 | $4M | −4,167 | −$142K |
| MO - Altria Group | 0.04% | Reduce −0.1% | 63,147 | $58.63 | $4M | −50 | −$91K |
| LTCN — | 0.04% | Add +5.3% | 542,478 | $6.65 | $4M | +27,260 | +$217K |
| BSM — | 0.04% | Hold | 268,638 | $13.08 | $4M | — | — |
| CRL - Charles Riv Labs Intl | 0.04% | Reduce −35.1% | 22,260 | $151.73 | $3M | −12,026 | −$2M |
| IRM - Iron Mtn Del | 0.04% | Hold | 32,455 | $102.57 | $3M | — | — |
| FNF - Fidelity National Financial | 0.04% | Add +0.7% | 58,461 | $56.06 | $3M | +390 | −$502K |
| NVDA - Nvidia | 0.04% | Reduce −6.1% | 20,710 | $157.99 | $3M | −1,350 | +$881K |
| LLY - Eli Lilly & | 0.04% | Reduce −3.5% | 4,106 | $779.53 | $3M | −151 | −$315K |
| EMR - Emerson Elec | 0.04% | Add +1.0% | 23,692 | $133.33 | $3M | +230 | +$586K |
| Burford Cap | 0.04% | Reduce −20.1% | 212,489 | $14.26 | $3M | −53,617 | −$485K |
| Costamare | 0.04% | Add +2.9% | 331,100 | $9.11 | $3M | +9,460 | −$149K |
| CAT - Caterpillar | 0.04% | Reduce −2.4% | 7,729 | $388.21 | $3M | −189 | +$389K |
| AMLP - Alps ETF Tr | 0.04% | Add 0.0% | 61,357 | $48.86 | $3M | +27 | −$188K |
| JNJ - Johnson & Johnson | 0.03% | Reduce −1.6% | 19,302 | $152.75 | $3M | −310 | −$304K |
| RTX - Raytheon | 0.03% | Reduce −2.0% | 20,099 | $146.02 | $3M | −420 | +$217K |
| SU - Suncor Energy | 0.03% | Hold | 77,944 | $37.45 | $3M | — | — |
| CVX - Chevron | 0.03% | Reduce −1.9% | 19,867 | $143.19 | $3M | −379 | −$542K |
| BMY - Bristol-Myers Squibb | 0.03% | Add +2.5% | 61,317 | $46.29 | $3M | +1,504 | −$810K |
| MRK - Merck & | 0.03% | Add +5.2% | 35,835 | $79.16 | $3M | +1,761 | −$222K |
| TCOM - Tri Pointe Homes | 0.03% | Reduce −30.5% | 86,162 | $31.95 | $3M | −37,850 | −$1M |
| LVS - Las Vegas Sands | 0.03% | Add +0.3% | 61,993 | $43.51 | $3M | +213 | +$311K |
| PFE - Pfizer | 0.03% | Add +3.2% | 103,183 | $24.24 | $3M | +3,157 | −$34K |
| OPLN - Openlane | 0.03% | Reduce −4.7% | 101,857 | $24.45 | $2M | −5,000 | +$430K |
| FIS - Fidelity Natl Info | 0.03% | Reduce −2.5% | 29,690 | $81.41 | $2M | −750 | +$144K |
| BAC - Bank of America | 0.03% | Add +3.8% | 50,833 | $47.32 | $2M | +1,883 | +$363K |
| EQT - EQT Corp | 0.03% | Add +4.4% | 40,082 | $58.32 | $2M | +1,678 | +$286K |
| RCG - Renn Fd | 0.03% | Add +9.6% | 878,123 | $2.66 | $2M | +77,134 | +$293K |
| TD - Toronto Dominion Bk Ont | 0.03% | Reduce −0.1% | 31,225 | $73.45 | $2M | −25 | +$420K |
| WT - Wisdomtree | 0.03% | Reduce −1.2% | 198,772 | $11.51 | $2M | −2,321 | +$494K |
| SPHR - Sphere Entertainment · CL A | 0.03% | Reduce −13.5% | 53,825 | $41.80 | $2M | −8,380 | +$215K |
| BATRK - Atlanta Braves | 0.03% | Reduce −1.7% | 46,861 | $46.77 | $2M | −823 | +$284K |
| VRSK - Verisk Analytics | 0.03% | Hold | 7,000 | $311.50 | $2M | — | — |
| WPC - Wp Carey | 0.03% | Hold | 34,750 | $62.38 | $2M | — | — |
| VRT - Vertiv · CL A | 0.03% | Add +4.3% | 16,835 | $128.41 | $2M | +695 | +$996K |
| CRAI - Cra Intl | 0.03% | Reduce −0.7% | 11,516 | $187.38 | $2M | −78 | +$150K |
| NAD - Nuveen Quality Muncp Income | 0.03% | Add +37.8% | 190,361 | $11.29 | $2M | +52,244 | +$558K |
| HON - Honeywell Intl | 0.03% | Reduce −4.2% | 9,081 | $232.88 | $2M | −400 | +$107K |
| SAN - Banco Santander S a | 0.03% | Add +1.5% | 254,260 | $8.30 | $2M | +3,750 | +$432K |
| PTEN - Patterson-Uti Energy | 0.02% | Reduce −1.2% | 340,750 | $5.93 | $2M | −4,280 | −$815K |
| FTLF - Fitlife Brands | 0.02% | Hold | 154,456 | $13.02 | $2M | — | — |
| ROK - Rockwell Automation | 0.02% | Hold | 6,015 | $332.17 | $2M | — | — |
| Holding | 0.02% | Hold | 41,029 | $47.95 | $2M | — | — |
| KMI - Kinder Morgan Del | 0.02% | Reduce −37.1% | 65,644 | $29.40 | $2M | −38,764 | −$1M |
| Telefonica S A | 0.02% | Reduce −5.8% | 367,796 | $5.23 | $2M | −22,782 | +$103K |
| MSTR - Pimco Income Strategy Fd Ii | 0.02% | Reduce −0.3% | 256,466 | $7.39 | $2M | −861 | −$45K |
| BR - Broadridge | 0.02% | Add +17.6% | 7,761 | $243.03 | $2M | +1,162 | +$286K |
| AAPL - Apple | 0.02% | Add +42.4% | 9,062 | $205.16 | $2M | +2,699 | +$446K |
| VOO - Vanguard Index Fds | 0.02% | Add +1.9% | 3,247 | $568.03 | $2M | +60 | +$207K |
| NRP - Natural Resource Partners L | 0.02% | Add +6.1% | 19,123 | $95.51 | $2M | +1,098 | −$46K |
| SON - Sonoco Prods | 0.02% | Reduce −0.8% | 41,380 | $43.56 | $2M | −350 | −$169K |
| V - VISA · CL A | 0.02% | Add +9.7% | 4,979 | $355.05 | $2M | +440 | +$177K |
| LBRT - Liberty Energy · CL A | 0.02% | Reduce −6.0% | 149,428 | $11.48 | $2M | −9,486 | −$800K |
| ARLP — | 0.02% | Add +8.2% | 64,281 | $26.14 | $2M | +4,889 | +$60K |
| GE - GE Aerospace | 0.02% | Hold | 6,497 | $257.39 | $2M | — | — |
| PDI - Pimco Dynamic Income Fd | 0.02% | Reduce −0.6% | 85,863 | $18.97 | $2M | −515 | −$81K |
| REZI - Resideo Technologies | 0.02% | Reduce −7.7% | 72,262 | $22.06 | $2M | −6,000 | +$209K |
| Metalla Rty & Streaming | 0.02% | Add +1.0% | 405,430 | $3.84 | $2M | +3,889 | +$408K |
| CSW - Csw Industrials | 0.02% | Hold | 5,400 | $286.83 | $2M | — | — |
| BAH — · CL A | 0.02% | Reduce −0.1% | 14,692 | $104.13 | $2M | −10 | −$8K |
| Sealed Air | 0.02% | Add +3.4% | 49,150 | $31.03 | $2M | +1,600 | +$151K |
| RIO - Rio Tinto | 0.02% | Reduce −1.2% | 25,666 | $58.33 | $1M | −300 | −$63K |
| NVS - Novartis AG | 0.02% | Reduce −3.2% | 12,144 | $121.01 | $1M | −403 | +$71K |
| MSGE - MSG Entertainment · CL A | 0.02% | Reduce −18.3% | 36,352 | $39.97 | $1M | −8,153 | −$4K |
| MMM - 3M | 0.02% | Hold | 9,475 | $152.24 | $1M | — | — |
| GSK - GSK PLC | 0.02% | Reduce −3.3% | 37,392 | $38.40 | $1M | −1,273 | −$62K |
| ABT - Abbott Labs | 0.02% | Add +4.2% | 10,459 | $136.01 | $1M | +418 | +$91K |
| NRK — | 0.02% | Add +96.7% | 140,575 | $9.91 | $1M | +69,092 | +$657K |
| APYX - Apyx Medical | 0.02% | Hold | 615,000 | $2.25 | $1M | — | — |
| GOOGL - Alphabet · CL A | 0.02% | Add +61.9% | 7,822 | $176.23 | $1M | +2,992 | +$632K |
| BN - Brookfield Wealth Sol · CL A | 0.02% | Reduce −0.6% | 21,748 | $61.78 | $1M | −130 | +$202K |
| EOG - Eog Res | 0.02% | Add +2.9% | 10,593 | $119.61 | $1M | +300 | −$53K |
| RMT - Royce Micro-Cap Tr | 0.02% | Hold | 136,840 | $9.25 | $1M | — | — |
| BATRA - Atlanta Braves | 0.01% | Reduce −2.8% | 25,667 | $49.21 | $1M | −734 | +$105K |
| JFR - Nuveen Floating Rate Income | 0.01% | Hold | 143,818 | $8.47 | $1M | — | — |
| LIN - Linde | 0.01% | Reduce −7.1% | 2,555 | $469.18 | $1M | −195 | −$82K |
| MCD - Mcdonalds | 0.01% | Hold | 4,046 | $292.17 | $1M | — | — |
| PCH - Potlatchdeltic | 0.01% | Reduce −3.6% | 30,157 | $38.37 | $1M | −1,113 | −$254K |
| VXF - Vanguard Index Fds | 0.01% | Add +7.3% | 5,963 | $192.71 | $1M | +406 | +$192K |
| GLD - Spdr Gold Tr | 0.01% | Add +0.5% | 3,755 | $304.83 | $1M | +19 | +$68K |
| ADI - Analog Devices | 0.01% | Hold | 4,751 | $238.01 | $1M | — | — |
| MSTR - Pimco Income Strategy Fd | 0.01% | Reduce −0.5% | 134,825 | $8.34 | $1M | −661 | −$41K |
| IBM — | 0.01% | Add +3.3% | 3,770 | $294.78 | $1M | +120 | +$204K |
| BK - Bank New York Mellon | 0.01% | Hold | 12,064 | $91.11 | $1M | — | — |
| MYI — | 0.01% | Add +132.5% | 104,299 | $10.49 | $1M | +59,445 | +$601K |
| GDXJ - Vaneck ETF Trust | 0.01% | Reduce −21.7% | 16,088 | $67.59 | $1M | −4,462 | −$88K |
| SIRI - Siriusxm | 0.01% | Reduce −11.0% | 47,065 | $22.97 | $1M | −5,846 | −$112K |
| NVO - Novo-Nordisk A S | 0.01% | Reduce −0.8% | 15,598 | $69.02 | $1M | −118 | −$15K |
| NEM - Newmont | 0.01% | Reduce −6.3% | 18,261 | $58.26 | $1M | −1,222 | +$123K |
| SVXY - Proshares Tr Ii | 0.01% | Hold | 24,344 | $42.60 | $1M | — | — |
| RQI — | 0.01% | Add +3.8% | 81,227 | $12.45 | $1M | +3,000 | +$29K |
| QCOM - Qualcomm | 0.01% | Add +11.5% | 6,333 | $159.26 | $1M | +651 | +$136K |
| SLV - Ishares Silver Tr | 0.01% | Hold | 30,690 | $32.81 | $1M | — | — |
| SEG - Seaport | 0.01% | Reduce −2.2% | 53,260 | $18.65 | $993K | −1,196 | −$176K |
| XFRAX — | 0.01% | Hold | 73,870 | $13.14 | $971K | — | — |
| AMGN - Amgen | 0.01% | Reduce −3.9% | 3,456 | $279.21 | $965K | −141 | −$156K |
| DHR - Danaher | 0.01% | Reduce −15.0% | 4,884 | $197.54 | $965K | −860 | −$213K |
| BGC - BGC Group · CL A | 0.01% | Reduce −12.0% | 91,472 | $10.23 | $936K | −12,497 | −$18K |
| GBTC - Vaneck Bitcoin ETF | 0.01% | Hold | 30,520 | $30.47 | $930K | — | — |
| GOOG - Alphabet · CL C | 0.01% | Reduce −1.8% | 5,219 | $177.39 | $926K | −98 | +$95K |
| DGX - Quest Diagnostics | 0.01% | Reduce −8.1% | 5,100 | $179.63 | $916K | −450 | −$23K |
| BN - Brookfield Infrast Partners | 0.01% | Reduce −2.9% | 27,171 | $33.50 | $910K | −800 | +$77K |
| ALNY - Alnylam Pharmaceuticals | 0.01% | Reduce −4.2% | 2,759 | $326.09 | $900K | −121 | +$122K |
| MPC - Marathon Petroleum | 0.01% | Reduce −1.4% | 5,395 | $166.11 | $896K | −75 | +$99K |
| BP - BP PLC | 0.01% | Add +7.7% | 29,514 | $29.93 | $883K | +2,100 | −$43K |
| RYN - Rayonier Advanced Matls | 0.01% | Add +3.7% | 223,500 | $3.85 | $860K | +8,000 | −$379K |
| SBLK - Star Bulk Carriers | 0.01% | Add +8.0% | 49,555 | $17.25 | $855K | +3,663 | +$141K |
| GM - General Mtrs | 0.01% | Hold | 17,343 | $49.21 | $853K | — | — |
| CMS - CMS Energy | 0.01% | Reduce −21.6% | 12,297 | $69.28 | $852K | −3,378 | −$325K |
| OIH - Vaneck ETF Trust | 0.01% | Hold | 3,691 | $230.31 | $850K | — | — |
| GS - Goldman Sachs Group | 0.01% | Hold | 1,193 | $707.75 | $844K | — | — |
| NSC - Norfolk Southn | 0.01% | Reduce −2.8% | 3,273 | $255.97 | $838K | −95 | +$40K |
| FHI - Federated Hermes · CL B | 0.01% | Reduce −17.5% | 18,854 | $44.32 | $836K | −4,008 | −$96K |
| AZNN — | 0.01% | Reduce −7.0% | 11,952 | $69.88 | $835K | −904 | −$110K |
| RYN - Rayonier | 0.01% | Reduce −10.2% | 37,146 | $22.18 | $824K | −4,236 | −$330K |
| SPY - Spdr S&P 500 ETF Tr | 0.01% | Reduce −0.6% | 1,329 | $617.85 | $821K | −8 | +$73K |
| GEV - GE Vernova | 0.01% | Reduce −0.5% | 1,501 | $529.15 | $794K | −8 | +$334K |
| SYK - Stryker | 0.01% | Hold | 2,000 | $395.63 | $791K | — | — |
| VMI - Valmont Inds | 0.01% | Reduce −7.7% | 2,376 | $326.57 | $776K | −199 | +$41K |
| TW - Tradeweb Mkts · CL A | 0.01% | Add +11.2% | 5,283 | $146.40 | $773K | +530 | +$68K |
| EBAY - EBAY Inc | 0.01% | Reduce −24.2% | 10,028 | $74.46 | $747K | −3,207 | −$150K |
| CM - Canadian Imperial Bk Comm | 0.01% | Hold | 10,500 | $70.83 | $744K | — | — |
| BRK.A - Berkshire Hathaway · CL A | 0.01% | Hold | 1 | $728,800 | $729K | — | — |
| DIS - Disney Walt | 0.01% | Add +2.8% | 5,865 | $124.02 | $727K | +160 | +$164K |
| WY - Weyerhaeuser Mtn Be | 0.01% | Reduce −2.3% | 28,274 | $25.69 | $726K | −662 | −$121K |
| DOW - DOW Inc | 0.01% | Add +16.2% | 27,163 | $26.48 | $719K | +3,792 | −$97K |
| HKHC - Horizon Kinetics | 0.01% | Add +0.9% | 16,363 | $43.00 | $704K | +139 | +$154K |
| JPM - Jpmorgan Chase & | 0.01% | Reduce −17.5% | 2,405 | $289.91 | $697K | −510 | −$18K |
| MDLZ - Mondelez Intl · CL A | 0.01% | Reduce −8.4% | 10,328 | $67.44 | $697K | −950 | −$69K |
| DSL - Doubleline Income Solutions | 0.01% | Reduce −2.9% | 56,052 | $12.24 | $686K | −1,665 | −$42K |
| GBX - Greenbrier Cos | 0.01% | Add +5.4% | 14,700 | $46.05 | $677K | +750 | −$38K |
| KRP - Kimbell Rty Partners | 0.01% | Reduce −39.9% | 45,898 | $13.96 | $641K | −30,476 | −$429K |
| ALKS - Alkermes | 0.01% | Reduce −4.2% | 22,066 | $28.61 | $631K | −967 | −$129K |
| AJG - Gallagher Arthur J & | 0.01% | Hold | 1,957 | $320.12 | $626K | — | — |
| Liberty Media Del | 0.01% | Reduce −9.2% | 7,718 | $81.16 | $626K | −783 | +$47K |
| XES - Spdr Series Trust | 0.01% | Reduce −29.1% | 9,697 | $63.44 | $615K | −3,989 | −$361K |
| BLK - Blackrock Munivest Fd | 0.01% | New | 93,068 | $6.58 | $612K | +93,068 | +$612K |
| C - Citigroup | 0.01% | Hold | 7,089 | $85.12 | $603K | — | — |
| BLK - Blackrock | 0.01% | Hold | 61,530 | $9.58 | $589K | — | — |
| LEN - Lennar · CL A | 0.01% | Add 0.0% | 5,308 | $110.61 | $587K | +2 | −$22K |
| ETCG — | 0.01% | Reduce −0.2% | 70,682 | $8.25 | $583K | −169 | +$41K |
| URI - United Rentals | 0.01% | Add +89.0% | 756 | $753.40 | $570K | +356 | +$319K |
| ENB - Enbridge | 0.01% | Hold | 12,532 | $45.32 | $568K | — | — |
| BTZ — | 0.01% | Hold | 51,023 | $10.92 | $557K | — | — |
| ETN - Eaton | 0.01% | Add +68.1% | 1,555 | $356.99 | $555K | +630 | +$304K |
| Costamare Bulkers | 0.01% | New | 63,250 | $8.67 | $548K | +63,250 | +$548K |
| IAU - Ishares Gold Tr | 0.01% | Hold | 8,690 | $62.36 | $542K | — | — |
| TFPM - Triple Flag Precious Metal | 0.01% | Add +30.0% | 22,811 | $23.69 | $540K | +5,263 | +$204K |
| GBTC - Grayscale Bitcoin Trust | 0.01% | Reduce −1.9% | 5,681 | $93.99 | $534K | −110 | +$117K |
| RSP — | 0.01% | Add +0.3% | 2,920 | $181.75 | $531K | +8 | +$26K |
| ADP - Automatic Data Processing | 0.01% | Add +111.9% | 1,695 | $308.40 | $523K | +895 | +$278K |
| SMR - Nuscale Pwr · CL A | 0.01% | Reduce −4.4% | 12,950 | $39.56 | $512K | −600 | +$320K |
| TQQQ - Proshares Tr | 0.01% | Reduce −32.4% | 6,124 | $83.00 | $508K | −2,930 | −$11K |
| L - Loews | 0.01% | Reduce −0.3% | 5,478 | $91.66 | $502K | −19 | −$3K |
| KVUE - Kenvue | 0.01% | Hold | 23,962 | $20.93 | $502K | — | — |
| CRSP - Crispr Therapeutics AG | 0.01% | Reduce −4.1% | 10,239 | $48.64 | $498K | −443 | +$135K |
| BLK - Blackrock Munivest Fd Ii | 0.01% | Hold | 47,926 | $10.32 | $495K | — | — |
| LADR - Ladder Cap · CL A | 0.01% | Add +9.5% | 46,000 | $10.75 | $495K | +4,000 | +$15K |
| Proshares Tr | 0.01% | Add +99.5% | 25,126 | $19.57 | $492K | +12,530 | +$9K |
| GDX - Vaneck ETF Trust | 0.01% | Reduce −12.8% | 9,361 | $52.06 | $487K | −1,380 | −$6K |
| IONS - Ionis Pharmaceuticals | 0.01% | Reduce −4.2% | 11,952 | $39.51 | $472K | −524 | +$96K |
| NZF - Nuveen Municipal Credit | 0.01% | Hold | 38,952 | $11.92 | $464K | — | — |
| BLK - Blackrock | 0.01% | Hold | 42,157 | $10.92 | $460K | — | — |
| NAN - Nuveen New York Qlt Mun | 0.01% | Add +4.3% | 39,769 | $11.41 | $454K | +1,650 | +$20K |
| WOOD - Ishares Tr | 0.01% | Add 0.0% | 6,155 | $73.35 | $451K | +2 | −$13K |
| JAPN - Listed Fds Tr | 0.01% | New | 15,691 | $28.04 | $440K | +15,691 | +$440K |
| META - Meta Platforms · CL A | 0.01% | Reduce −1.8% | 587 | $737.90 | $433K | −11 | +$89K |
| BLK - Blackrock Muniyield Quality | 0.01% | Add +11.0% | 43,950 | $9.64 | $424K | +4,371 | +$28K |
| KKR — | 0.01% | Reduce −40.7% | 3,178 | $133.03 | $423K | −2,180 | −$197K |
| PHYS - Sprott Physical Gold Tr | 0.01% | Add +0.1% | 16,634 | $25.35 | $422K | +13 | +$22K |
| MKTX - Marketaxess | 0.00% | Add +25.4% | 1,874 | $223.34 | $419K | +380 | +$95K |
| NFLX - Netflix | 0.00% | Hold | 311 | $1,339 | $416K | — | — |
| NBB - Nuveen Taxable Municpal Inm | 0.00% | Reduce −0.3% | 26,130 | $15.82 | $413K | −80 | −$7K |
| DBL - Doubleline Opportunistic Cr | 0.00% | Reduce −5.0% | 26,820 | $15.38 | $412K | −1,416 | −$29K |
| Holding | 0.00% | Hold | 58,956 | $6.99 | $412K | — | — |
| AMG — | 0.00% | Hold | 2,085 | $196.77 | $410K | — | — |
| NBH - Neuberger Berman Mun Fd | 0.00% | Hold | 41,529 | $9.83 | $408K | — | — |
| BWXT - BWX Technologies | 0.00% | Hold | 2,665 | $144.06 | $384K | — | — |
| BIIB - Biogen | 0.00% | Reduce −4.1% | 3,038 | $125.59 | $382K | −131 | −$52K |
| M - Macys | 0.00% | Add +3.2% | 32,500 | $11.66 | $379K | +1,000 | −$17K |
| REGN - Regeneron Pharmaceuticals | 0.00% | Reduce −4.1% | 705 | $525.00 | $370K | −30 | −$96K |
| DORM - Dorman Prods | 0.00% | Hold | 3,000 | $122.67 | $368K | — | — |
| FHI - Federated Hermes | 0.00% | Hold | 34,360 | $10.64 | $366K | — | — |
| VTI - Vanguard Index Fds | 0.00% | Reduce −9.2% | 1,182 | $303.93 | $359K | −120 | +$1K |
| AMZN - Amazon | 0.00% | Add +45.2% | 1,634 | $219.39 | $358K | +509 | +$144K |
| AMT - American Tower | 0.00% | Hold | 1,600 | $221.02 | $354K | — | — |
| T - At T | 0.00% | Add +0.2% | 12,122 | $28.94 | $351K | +30 | +$9K |
| PEP - Pepsico | 0.00% | Add +16.1% | 2,640 | $132.04 | $349K | +367 | +$8K |
| AWR - Amer States Wtr | 0.00% | Hold | 4,468 | $76.66 | $343K | — | — |
| OXY - Occidental | 0.00% | Add +0.9% | 8,131 | $42.01 | $342K | +69 | −$56K |
| PWR - Quanta Svcs | 0.00% | Hold | 900 | $378.08 | $340K | — | — |
| ETN - Eaton Vance Sr Fltng Rte Tr | 0.00% | Hold | 27,801 | $12.12 | $337K | — | — |
| CNP - Centerpoint Energy | 0.00% | Hold | 9,133 | $36.74 | $336K | — | — |
| AFL - Aflac | 0.00% | Hold | 3,000 | $105.46 | $316K | — | — |
| NVG — | 0.00% | Hold | 26,276 | $11.93 | $313K | — | — |
| VZ - Verizon Communications | 0.00% | Add +0.3% | 6,993 | $43.27 | $303K | +20 | −$14K |
| CL - Colgate Palmolive | 0.00% | Hold | 3,102 | $90.90 | $282K | — | — |
| Kraneshares Trust | 0.00% | Reduce −29.9% | 9,486 | $29.69 | $282K | −4,039 | −$100K |
| NVIR - Listed Fds Tr | 0.00% | Add +3.2% | 9,181 | $30.45 | $280K | +282 | +$8K |
| CNS - Cohen & Steers | 0.00% | Reduce −3.9% | 3,641 | $75.35 | $274K | −148 | −$30K |
| GPC - Genuine Parts | 0.00% | Hold | 2,250 | $121.31 | $273K | — | — |
| PCM - Pcm Fd | 0.00% | Hold | 40,252 | $6.33 | $255K | — | — |
| AWK — | 0.00% | Add +5.5% | 1,830 | $139.08 | $255K | +96 | −$1K |
| MOV - Movado Group | 0.00% | Reduce −8.8% | 16,573 | $15.25 | $253K | −1,600 | −$51K |
| Liberty Media Del | 0.00% | Reduce −0.6% | 3,174 | $79.48 | $252K | −20 | +$38K |
| BGT — | 0.00% | Hold | 19,778 | $12.52 | $248K | — | — |
| RA — | 0.00% | Hold | 17,614 | $13.37 | $235K | — | — |
| GEHC - GE HealthCare | 0.00% | Reduce −5.8% | 3,076 | $74.07 | $228K | −188 | −$36K |
| JPC — | 0.00% | Hold | 28,250 | $8.02 | $227K | — | — |
| ETN - Eaton Vance New York Mun Bd | 0.00% | Hold | 24,358 | $9.29 | $226K | — | — |
| DAL - Delta Air Lines Del | 0.00% | Hold | 4,600 | $49.18 | $226K | — | — |
| IFF - International Flavors & Fragrances | 0.00% | Hold | 3,050 | $73.55 | $224K | — | — |
| CQP — | 0.00% | Hold | 4,000 | $56.05 | $224K | — | — |
| ETN - Eaton Vance Mun Bd Fd | 0.00% | Hold | 22,431 | $9.67 | $217K | — | — |
| IVZ - Invesco | 0.00% | Hold | 22,115 | $9.38 | $207K | — | — |
| NIM - Nuveen Select Mat Mun Fd | 0.00% | Hold | 21,500 | $9.06 | $195K | — | — |
| MHD — | 0.00% | Add +3.7% | 17,272 | $11.20 | $193K | +619 | −$2K |
| ETN - Eaton Vance Sr Income Tr | 0.00% | Hold | 32,130 | $5.69 | $183K | — | — |
| NMZ — | 0.00% | Hold | 17,322 | $10.37 | $180K | — | — |
| BLK - Blackrock | 0.00% | Hold | 18,237 | $9.67 | $176K | — | — |
| PML - Pimco Mun Income Fd Ii | 0.00% | Hold | 23,325 | $7.45 | $174K | — | — |
| ETN - Eaton | 0.00% | Hold | 15,668 | $10.26 | $161K | — | — |
| ETN - Eaton Vance Flting Rate | 0.00% | Hold | 12,000 | $12.48 | $150K | — | — |
| BLK - Blackrock Muni Income Tr Ii | 0.00% | Hold | 14,426 | $10.04 | $145K | — | — |
| HLN - Haleon | 0.00% | Reduce −4.2% | 13,491 | $10.37 | $140K | −591 | −$5K |
| ETHE — | 0.00% | Hold | 6,683 | $20.86 | $139K | — | — |
| INTC - Intellia Therapeutics | 0.00% | Reduce −5.5% | 13,792 | $9.38 | $129K | −804 | +$26K |
| IVZ - Invesco | 0.00% | Add +17.9% | 12,274 | $10.44 | $128K | +1,860 | +$19K |
| REPL - Replimune Group | 0.00% | Reduce −4.2% | 13,792 | $9.29 | $128K | −604 | −$12K |
| XCXEX - Mfs High Income Mun Tr | 0.00% | Hold | 34,614 | $3.58 | $124K | — | — |
| VNDA - Vanda Pharmaceuticals | 0.00% | Reduce −4.2% | 24,824 | $4.72 | $117K | −1,088 | −$2K |
| IVZ - Invesco | 0.00% | Hold | 19,911 | $5.75 | $114K | — | — |
| GALT - Galectin Therapeutics | 0.00% | Reduce −4.2% | 51,484 | $2.11 | $109K | −2,258 | +$43K |
| NUV - Nuveen Mun Value Fd | 0.00% | Hold | 12,350 | $8.69 | $107K | — | — |
| ETN - Eaton | 0.00% | Hold | 10,014 | $10.23 | $102K | — | — |
| BCYC - Bicycle Therapeutics | 0.00% | Reduce −4.2% | 13,792 | $6.95 | $96K | −604 | −$26K |
| ETN - Eaton Vance Calif Mun Bd Fd | 0.00% | Hold | 10,679 | $8.92 | $95K | — | — |
| LTRN - Lantern Pharma | 0.00% | Reduce −4.2% | 27,582 | $3.16 | $87K | −1,209 | −$15K |
| EVLV — · CL A | 0.00% | Hold | 13,500 | $6.24 | $84K | — | — |
| EDIT - Editas Medicine | 0.00% | Reduce −4.2% | 30,390 | $2.20 | $67K | −1,330 | +$30K |
| IVZ - Invesco Sr Income Tr | 0.00% | Reduce −2.1% | 14,858 | $3.80 | $56K | −321 | $— |
| Holding | 0.00% | Hold | 10,355 | $5.24 | $54K | — | — |
| ZCSH - Grayscale Zcash Tr Zec | 0.00% | Reduce −2.1% | 15,173 | $3.55 | $54K | −319 | +$8K |
| TTI - Tetra Technologies Del | 0.00% | Hold | 13,600 | $3.36 | $46K | — | — |
| WST - West Pharmaceutical | 0.00% | Hold | 10,072 | $3.98 | $40K | — | — |
| ALLO - Allogene Therapeutics | 0.00% | Reduce −4.2% | 18,388 | $1.13 | $21K | −806 | −$7K |
| ETH — | 0.00% | Hold | 665 | $23.72 | $16K | — | — |
| BITF - Bitfarms | 0.00% | Hold | 18,300 | $0.8402 | $15K | — | — |
| PACB — | 0.00% | Reduce −4.2% | 11,034 | $1.24 | $14K | −483 | $— |
| GBAT - Grayscale Basic Attention | 0.00% | Hold | 2,089 | $1.20 | $3K | — | — |
| MANA — | 0.00% | Hold | 691 | $1.90 | $1K | — | — |
Showing top 50 of 335 by value
Exits / last held
not current holdings · last reported size, unchanged · gone vs 2025 Q1
| Stock | % of portfolio | Recent activity | Shares | Reported price* | Value | Share change | $ change |
|---|---|---|---|---|---|---|---|
| Osisko Gold Royalties | 0.41% | Exit | 0 | $21.12 | $36M | −1,703,037 | −$36M |
| IWM - Ishares Tr | 0.01% | Exit | 0 | $199.32 | $590K | −2,960 | −$590K |
| KHC - Kraft Heinz | 0.01% | Exit | 0 | $30.41 | $461K | −15,160 | −$461K |
| PBH — | — | Exit | 0 | $85.93 | $279K | −3,247 | −$279K |
| EXE - Expand Energy | — | Exit | 0 | $111.21 | $245K | −2,203 | −$245K |
| GOLD - Barrick Gold | — | Exit | 0 | $19.43 | $206K | −10,600 | −$206K |
| NEE - Nextera Energy | — | Exit | 0 | $70.98 | $203K | −2,860 | −$203K |
| WYNN - Wynn Resorts | — | Exit | 0 | $83.30 | $200K | −2,401 | −$200K |
| Holding | — | Exit | 0 | $12.80 | $154K | −12,032 | −$154K |
| 2seventy Bio | — | Exit | 0 | $4.92 | $85K | −17,275 | −$85K |
| OIS - Oil State International | — | Exit | 0 | $5.13 | $58K | −11,300 | −$58K |
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