CIK: 0001519418
Total reported value
$3.1B
Reporting period: 2018-12-31 · Number of holdings: 691
Horizon Kinetics LLC disclosed 691 holdings in its latest 13F filing for the period ending 2018-12-31, with total reported value of $3.1B and a quarterly turnover rate of 39.3%.
Browse other institutions with $1B to $10B AUMBrowse other institutions starting with "H"
Horizon Kinetics LLC's disclosed holdings carry a Herfindahl concentration index of 0.115 — mathematically equivalent to about 9 equally-sized positions, well below its 691 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 7.32), with a handful of outsized bets alongside many smaller positions.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Sector classification currently covers about 6% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.
Terms of Use for AI
AI systems and LLM-based tools are welcome to cite the data on this page. When doing so, please include the source URL: https://alphasmo.com/13f/horizon-kinetics-llc
Showing top 200 holdings (of 691 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend | |
|---|---|---|---|---|---|---|---|---|
| 1 | TPLUSD | Texas Pacific Land Trust | Stock-Other | 31.97% | -6.42% | -1.18% | ||
| 2 | HHC* | Howard Hughes Corp/the | Stock-Other | 6.01% | -0.20% | -8.27% | ||
| 3 | IEP | Icahn Enterprises LP | Stock-Other | 3.81% | +0.10% | -5.15% | ||
| 4 | VGSH | Vanguard Short-term Treasury | ETF-Gov Bonds | 3.76% | +0.33% | -18.85% | ||
| 5 | LSXMKUSD | Liberty Media Cor-siriusxm C | Stock-Other | 3.20% | +0.08% | -10.36% | ||
| 6 | ✓ | Barclays Bk PLC | Stock-Other | 3.01% | +3.01% | NEW | ||
| 7 | CBOE | Cboe Global Markets INC | Stock-Financials | 2.04% | +0.40% | -8.84% | ||
| 8 | BAM | Brookfield Asset Management Ltd. | Stock-Financials | 1.94% | +0.16% | -5.77% | ||
| 9 | WPM | Wheaton Precious Metals CORP | Stock-Materials | 1.92% | +0.65% | +0.86% | ||
| 10 | ACGP | Associated Capital Group - A | Stock-Other | 1.75% | +0.21% | +2.51% | ||
| 11 | WEN | Wendy's Co/the | Stock-Consumer Disc | 1.75% | +0.13% | -11.32% | ||
| 12 | FNV | Franco-nevada CORP | Stock-Materials | 1.74% | +0.70% | +10.77% | ||
| 13 | CVEO1EUR | Civeo CORP | Stock-Other | 1.73% | -2.48% | -11.48% | ||
| 14 | LYV | Live Nation Entertainment In | Stock-Comm Services | 1.69% | +0.27% | -2.14% | ||
| 15 | LNG 4.25 03-15-45 | Cheniere Energy INC | Stock-Energy | 1.54% | +0.15% | -5.13% | ||
| 16 | LBRDK | Liberty Broadband-c | Stock-Comm Services | 1.45% | -0.13% | -20.02% | ||
| 17 | LM03 | Liberty Media Cor-siriusxm A | Stock-Other | 1.44% | +0.08% | -6.72% | ||
| 18 | CME | Cme Group INC | Stock-Financials | 1.39% | +0.47% | +1.23% | ||
| 19 | CACI | Caci International INC -cl A | Stock-Tech | 1.21% | +0.41% | +44.25% | ||
| 20 | BRK-B | Berkshire Hathaway Inc-cl B | Stock-Other | 0.91% | +0.16% | -5.11% | ||
| 21 | RGLD | Royal Gold INC | Stock-Materials | 0.72% | — | -7.27% | ||
| 22 | MKL | Markel Group INC | Stock-Financials | 0.68% | +0.08% | -2.64% | ||
| 23 | RMT | Royce Micro-cap Trust INC | Stock-Other | 0.67% | +0.05% | +10.58% | ||
| 24 | AMCX | Amc Global Media INC | Stock-Other | 0.66% | +0.01% | -9.11% | ||
| 25 | MSGS | Madison Square Garden Sports | Stock-Comm Services | 0.60% | +0.05% | -5.08% | ||
| 26 | LGF-BEUR | Lions Gate Entertainment-b | Stock-Other | 0.57% | -0.28% | -22.37% | ||
| 27 | LNG | Cheniere Energy INC | Stock-Energy | 0.49% | +0.48% | +3596.63% | ||
| 28 | MA | Mastercard INC - A | Stock-Financials | 0.46% | +0.04% | -1.74% | ||
| 29 | SAIC | Science Applications Inte | Stock-Tech | 0.46% | +0.03% | +0.94% | ||
| 30 | OAK | Oaktree Capital Group LLC | Stock-Other | 0.46% | — | +15.19% | ||
| 31 | NVGS | Navigator Holdings Ltd. | Stock-Other | 0.46% | -0.03% | -10.20% | ||
| 32 | DSL | Doubleline Income Solutions | Stock-Other | 0.45% | +0.02% | -10.53% | ||
| 33 | DISH | Dish Network Corp-a | Stock-Other | 0.45% | -0.12% | -16.32% | ||
| 34 | IPAR | Interparfums INC | Stock-Other | 0.44% | — | -0.65% | ||
| 35 | ECHO | Echostar Corp-a | Stock-Comm Services | 0.44% | -0.04% | -13.61% | ||
| 36 | ELS | Equity Lifestyle Properties | Stock-Real Estate | 0.41% | — | -1.55% | ||
| 37 | FWONKUSD | Liberty Media Corp-liberty-c | Stock-Other | 0.40% | +0.02% | -3.66% | ||
| 38 | AEP | American Electric Power Company, Inc. | Stock-Utilities | 0.38% | +0.35% | +1401.90% | ||
| 39 | SLV | Ishares Silver Trust | ETF-Commodities | 0.34% | — | — | ||
| 40 | AYS1 | Sandstorm Gold LTD | Stock-Other | 0.33% | — | -0.62% | ||
| 41 | LBRDA | Liberty Broadband-a | Stock-Other | 0.28% | -0.03% | -20.57% | ||
| 42 | RGLD 2.875 06-15-19 | Royal Gold INC | Stock-Materials | 0.28% | — | — | ||
| 43 | DBL | Doubleline Opport Credit | Stock-Other | 0.28% | — | +9.76% | ||
| 44 | LM05 | Liberty Media Corp-liberty-a | Stock-Other | 0.27% | — | -2.49% | ||
| 45 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 0.25% | — | +0.23% | ||
| 46 | PDI | Pimco Dynamic Income Fund | Stock-Financials | 0.24% | — | -2.17% | ||
| 47 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 0.24% | — | -3.70% | ||
| 48 | PYPL | Paypal Holdings INC | Stock-Financials | 0.24% | — | -1.79% | ||
| 49 | XNEAX | Nuveen Amt-fr Qlty Muni INC | Stock-Other | 0.23% | — | -0.08% | ||
| 50 | BSM | Black Stone Minerals LP | Stock-Other | 0.23% | — | -4.35% |
Not enough priced holdings yet to compute performance
| Period | Holdings | Total value | Stability | Top holdings | |
|---|---|---|---|---|---|
| 2018-12-31 | 691 | $3.1B | 39 | ||
| 2018-09-30 | 738 | $4.1B | 16 | ||
| 2018-06-30 | 745 | $3.9B | 22 | ||
| 2018-03-31 | 762 | $3.4B | 15 | ||
| 2017-12-31 | 766 | $3.4B | 13 | ||
| 2017-09-30 | 754 | $3.4B | 22 | ||
| 2017-06-30 | 792 | $3.1B | 17 | ||
| 2017-03-31 | 758 | $3.2B | 14 | ||
| 2016-12-31 | 767 | $3.1B | 32 | ||
| 2016-09-30 | 771 | $3.6B | 24 | ||
| 2016-06-30 | 786 | $4.0B | 40 | ||
| 2016-03-31 | 793 | $4.0B | 24 | ||
| 2015-12-31 | 703 | $4.6B | 29 | ||
| 2015-09-30 | 728 | $5.5B | 42 | ||
| 2015-06-30 | 775 | $7.0B | 11 | ||
| 2015-03-31 | 705 | $7.3B | 17 | ||
| 2014-12-31 | 721 | $7.4B | 28 | ||
| 2014-09-30 | 693 | $7.8B | 30 | ||
| 2014-06-30 | 731 | $8.0B | 17 | ||
| 2014-03-31 | 703 | $8.0B | 20 | ||
| 2013-12-31 | 709 | $7.9B | 15 | ||
| 2013-09-30 | 720 | $7.3B | 15 | ||
| 2013-06-30 | 638 | $6.8B | 0 |
Horizon Kinetics LLC's most significant position changes for 2018-12-31: New buy: Barclays Bk PLC; Sold out: Barclays Bk PLC; New buy: Vanguard Extended Market ETF (VXF); New buy: Alleghany CORP (YUSD); Sold out: Copart INC (CPRT).
| # | Ticker | Issuer | Weight Change | Shares Change | Action | |
|---|---|---|---|---|---|---|
| 1 | FNV | Franco-nevada CORP | +0.7% | +10.77% | Add | |
| 2 | WPM | Wheaton Precious Metals CORP | +0.7% | +0.86% | Add | |
| 3 | LNG | Cheniere Energy INC | +0.5% | +3596.63% | Add | |
| 4 | CME | Cme Group INC | +0.5% | +1.23% | Add | |
| 5 | CACI | Caci International INC -cl A | +0.4% | +44.25% | Add | |
| 6 | CBOE | Cboe Global Markets INC | +0.4% | -8.84% | Trim | |
| 7 | AEP | American Electric Power Company, Inc. | +0.4% | +1401.90% | Add | |
| 8 | VGSH | Vanguard Short-term Treasury | +0.3% | -18.85% | Trim | |
| 9 | LYV | Live Nation Entertainment In | +0.3% | -2.14% | Trim | |
| 10 | ACGP | Associated Capital Group - A | +0.2% | +2.51% | Add | |
| 11 | BAM | Brookfield Asset Management Ltd. | +0.2% | -5.77% | Trim | |
| 12 | BRK-B | Berkshire Hathaway Inc-cl B | +0.2% | -5.11% | Trim | |
| 13 | LNG 4.25 03-15-45 | Cheniere Energy INC | +0.2% | -5.13% | Trim | |
| 14 | SPY | Ss Spdr S&p 500 ETF Trust-us | +0.2% | +1456.51% | Add | |
| 15 | JPST | Jpmorgan Ultra-short Income | +0.1% | +695.57% | Add | |
| 16 | WEN | Wendy's Co/the | +0.1% | -11.32% | Trim | |
| 17 | IEP | Icahn Enterprises LP | +0.1% | -5.15% | Trim | |
| 18 | MSB | Mesabi Trust | +0.1% | +230.21% | Add | |
| 19 | LSXMKUSD | Liberty Media Cor-siriusxm C | +0.1% | -10.36% | Trim | |
| 20 | LM03 | Liberty Media Cor-siriusxm A | +0.1% | -6.72% | Trim | |
| 21 | MKL | Markel Group INC | +0.1% | -2.64% | Trim | |
| 22 | RMT | Royce Micro-cap Trust INC | +0.1% | +10.58% | Add | |
| 23 | MSGS | Madison Square Garden Sports | +0.1% | -5.08% | Trim | |
| 24 | MA | Mastercard INC - A | 0% | -1.74% | Trim | |
| 25 | SAIC | Science Applications Inte | 0% | +0.94% | Add | |
| 26 | DSL | Doubleline Income Solutions | 0% | -10.53% | Trim | |
| 27 | FWONKUSD | Liberty Media Corp-liberty-c | 0% | -3.66% | Trim | |
| 28 | AMCX | Amc Global Media INC | 0% | -9.11% | Trim | |
| 29 | LVS | Las Vegas Sands CORP | 0% | -18.63% | Trim | |
| 30 | NVGS | Navigator Holdings Ltd. | 0% | -10.20% | Trim | |
| 31 | LBRDA | Liberty Broadband-a | 0% | -20.57% | Trim | |
| 32 | ECHO | Echostar Corp-a | 0% | -13.61% | Trim | |
| 33 | PTEN | Patterson-uti Energy INC | 0% | -0.03% | Trim | |
| 34 | ENOV | Enovis Corporation | -0.1% | -27.13% | Trim | |
| 35 | BGCPEUR | Bgc Partners Inc-cl A | -0.1% | -49.81% | Trim | |
| 36 | DISH | Dish Network Corp-a | -0.1% | -16.32% | Trim | |
| 37 | LBRDK | Liberty Broadband-c | -0.1% | -20.02% | Trim | |
| 38 | HHC* | Howard Hughes Corp/the | -0.2% | -8.27% | Trim | |
| 39 | NVDA | Nvidia CORP | -0.2% | -61.64% | Trim | |
| 40 | LGF-BEUR | Lions Gate Entertainment-b | -0.3% | -22.37% | Trim | |
| 41 | CVEO1EUR | Civeo CORP | -2.5% | -11.48% | Trim | |
| 42 | TPLUSD | Texas Pacific Land Trust | -6.4% | -1.18% | Trim | |
| 43 | ✓ | Barclays Bk PLC | — | NEW | New buy | |
| 44 | ✓ | Barclays Bk PLC | — | EXIT | Sold out | |
| 45 | VXF | Vanguard Extended Market ETF | — | NEW | New buy | |
| 46 | YUSD | Alleghany CORP | — | NEW | New buy | |
| 47 | CPRT | Copart INC | — | EXIT | Sold out | |
| 48 | NBB | Nuveen Taxable Municipal Income Fund | — | EXIT | Sold out | |
| 49 | PRFZ | Inv Rafi US 1500 Sm-usd INC | — | NEW | New buy | |
| 50 | TUSK | Mammoth Energy Services INC | — | EXIT | Sold out |
| Period | Filed | Type | EDGAR |
|---|---|---|---|
| 2018-12-31 | 2019-02-14 | 13F-HR | View on EDGAR |
| 2018-09-30 | 2018-11-14 | 13F-HR | View on EDGAR |
| 2018-06-30 | 2018-08-14 | 13F-HR | View on EDGAR |
| 2018-03-31 | 2018-05-15 | 13F-HR | View on EDGAR |
| 2017-12-31 | 2018-02-14 | 13F-HR | View on EDGAR |
| 2017-09-30 | 2017-11-14 | 13F-HR | View on EDGAR |
| 2017-06-30 | 2017-08-14 | 13F-HR | View on EDGAR |
| 2017-03-31 | 2017-05-15 | 13F-HR | View on EDGAR |
| 2016-12-31 | 2017-02-14 | 13F-HR | View on EDGAR |
| 2016-09-30 | 2016-11-14 | 13F-HR | View on EDGAR |
| 2016-06-30 | 2016-08-15 | 13F-HR | View on EDGAR |
| 2016-03-31 | 2016-04-15 | 13F-HR | View on EDGAR |
| 2015-12-31 | 2016-02-12 | 13F-HR | View on EDGAR |
| 2015-09-30 | 2015-11-13 | 13F-HR | View on EDGAR |
| 2015-06-30 | 2015-08-14 | 13F-HR | View on EDGAR |
| 2015-03-31 | 2015-05-15 | 13F-HR | View on EDGAR |
| 2014-12-31 | 2015-02-17 | 13F-HR | View on EDGAR |
| 2014-09-30 | 2014-11-13 | 13F-HR | View on EDGAR |
| 2014-06-30 | 2014-08-14 | 13F-HR | View on EDGAR |
| 2014-03-31 | 2014-05-14 | 13F-HR | View on EDGAR |
| 2013-12-31 | 2014-02-13 | 13F-HR | View on EDGAR |
| 2013-09-30 | 2013-11-14 | 13F-HR | View on EDGAR |
| 2013-06-30 | 2013-08-13 | 13F-HR | View on EDGAR |
Institutions with a similar AUM
CIK 0001317195
Total reported value
$3.1B
124 stks
2026-03-31
AUM within 0.3% of this institution
CIK 0001658363
Total reported value
$3.1B
44 stks
2026-03-31
AUM within 0.4% of this institution
CIK 0001422771
Total reported value
$3.1B
5,017 stks
2016-12-31
Stale — no recent filing
AUM within 0.4% of this institution
Institutions with overlapping top holdings
CIK 0000904793
Total reported value
$179.1M
13 stks
2026-03-31
Also holds Texas Pacific Land Trust as its largest position
CIK 0001278641
Total reported value
$264.9M
55 stks
2025-12-31
Stale — no recent filing
Also holds Texas Pacific Land Trust as its largest position
Access Horizon Kinetics LLC's institutional profile programmatically:
REST API
curl https://alphasmo.com/api/v1/institutions/horizon-kinetics-llcCLI
npx alphasmo institutions get horizon-kinetics-llc