HORIZON KINETICS ASSET MANAGEMENT LLC
Institutional investor · Portfolio as of Q4 2023
Top Holdings325 positions
Stock | Shares | Value | Weight | Avg Buy | Est. P&L | Held | Conviction |
|---|---|---|---|---|---|---|---|
TEXAS PACIFIC LAND CORP | 1.3M | $2.1B | 44.1% | $131.29 | +29.61% | 9 qtrssince 2021-Q4 | Decreased 0 |
GRAYSCALE BITCOIN TRUST BTC | 15.6M | $540.2M | 11.3% | $7.50 | +316.83% | 5 qtrssince 2022-Q4 | Decreased 0 |
WHEATON PRECIOUS METALS CORP | 2.9M | $144.6M | 3.0% | $41.04 | +18.44% | 9 qtrssince 2021-Q4 | Decreased 0 |
CACI INTL INC | 393,605 | $127.5M | 2.7% | $270.20 | +19.86% | 9 qtrssince 2021-Q4 | Decreased 0 |
INTERCONTINENTALEXCHANGE GRO COM | 781,939 | $100.4M | 2.1% | $127.46 | -1.58% | 9 qtrssince 2021-Q4 | Decreased 0 |
FRANCO-NEVADA CORP /CAD/ | 872,143 | $96.6M | 2.0% | $134.41 | -18.95% | 9 qtrssince 2021-Q4 | Decreased 0 |
CIVEO CORP CDA | 3.7M | $85.3M | 1.8% | $18.47 | +17.68% | 9 qtrssince 2021-Q4 | Decreased 0 |
CHENIERE ENERGY INC | 496,388 | $84.7M | 1.8% | $106.73 | +55.73% | 9 qtrssince 2021-Q4 | Decreased 0 |
CBOE GLOBAL MARKETS INC | 405,632 | $72.4M | 1.5% | $123.17 | +42.42% | 9 qtrssince 2021-Q4 | Increased 47 |
MESABI TR CTF BEN INT | 2.9M | $59.8M | 1.3% | $16.81 | -11.04% | 9 qtrssince 2021-Q4 | Decreased 0 |
SCIENCE APPLICATIONS INTE | 416,056 | $51.7M | 1.1% | $82.36 | +46.73% | 9 qtrssince 2021-Q4 | Decreased 0 |
BROOKFIELD CORP /CAD/ | 1.3M | $50.4M | 1.1% | $20.53 | +28.64% | 5 qtrssince 2022-Q4 | Decreased 0 |
PERMIAN BASIN RTY TR | 3.6M | $50M | 1.0% | $15.04 | -13.92% | 9 qtrssince 2021-Q4 | Decreased 0 |
ARCHER-DANIELS-MIDLAND CO | 672,158 | $48.5M | 1.0% | $64.28 | +2.91% | 9 qtrssince 2021-Q4 | Decreased 0 |
HOWARD HUGHES HOLDINGS INC | 561,287 | $48M | 1.0% | $70.67 | +15.40% | 2 qtrssince 2023-Q3 | Decreased 0 |
AUTONATION INC | 300,803 | $45.2M | 0.9% | $115.98 | +29.49% | 9 qtrssince 2021-Q4 | Decreased 0 |
CHARLES RIVER LABORATORIES | 182,664 | $43.2M | 0.9% | $349.67 | -32.39% | 9 qtrssince 2021-Q4 | Decreased 0 |
CME GROUP INC | 200,730 | $42.3M | 0.9% | $189.34 | +1.33% | 9 qtrssince 2021-Q4 | Decreased 0 |
Associated Capital Group, Inc. | 1.1M | $40.8M | 0.9% | $40.79 | -17.42% | 9 qtrssince 2021-Q4 | Decreased 0 |
Viper Energy, Inc. | 1.2M | $38.2M | 0.8% | $27.98 | 0.00% | 1 qtr | New 57 |
HORIZON KINETICS ASSET MANAGEMENT LLC manages $4.8B across 325 positions as of Q4 2023. Top holdings: TPL (44.1%), GBTC (11.3%), WPM (3.0%). Fund DNA: Concentrated Value. HoldingsIntel Rating: 4/5.0.
Active quarter - 18 new positions, 24 exits, 46 increased. Top move: VNOM (NEW, conviction 57). Portfolio: $4.8B across 325 positions.
Top holdings by portfolio weight
Portfolio allocation by GICS sector
Behavioral investing profile
Position Outcomes
Best and worst performing positions by estimated return
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Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.
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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer