Horizon Kinetics 13F holdings, Q3 2007
Holdings as of September 30, 2007 · filings on SEC EDGAR · latest filing →
Horizon Kinetics disclosed 273 US equity positions worth $11.2bn in its Q3 2007 13F filing. The largest position was CALPINE CORP Conv Bond at 19.2% of the reported book, followed by RELIANT ENERGY INCCommon Stock and NYSE EURONEXTCommon Stock. Against the Q2 2007 filing, it opened 12 new positions, added to 31 and reduced 7 among the top 50 holdings.
What did Horizon Kinetics own in Q3 2007? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2007 |
|---|---|---|---|---|---|---|---|
| 1 | CALPINE CORP Conv Bond | 19.2% | $2.2bn | 206,100,450 | 2% | added | |
| 2 | RELIANT ENERGY INCCommon Stock | 8.3% | $928.6m | 36,243,139 | – | new | |
| 3 | NYSE EURONEXTCommon Stock | 7.7% | $869.1m | 10,995,958 | 10% | added | |
| 4 | CEO CNOOC ADRCommon Stock | 3.9% | $442.7m | 2,660,241 | 10% | added | |
| 5 | LVS LAS VEGAS SANDS CORPCommon Stock | Consumer Cyclical | 3.9% | $438.3m | 3,285,413 | 48566% | added |
| 6 | EL PASO CORPCommon Stock | 3.8% | $425.8m | 25,093,774 | -13% | reduced | |
| 7 | HUP HUANENG POWER INTLCommon Stock | 3.5% | $398.0m | 7,539,846 | 12% | added | |
| 8 | IMO IMPERIAL OIL LTD | Energy | 3.0% | $341.1m | 6,875,769 | 10% | added |
| 9 | GAZPROM O A O | 2.9% | $323.9m | 7,348,166 | 609% | added | |
| 10 | AQUILA INCCommon Stock | 2.5% | $277.4m | 69,179,744 | – | new | |
| 11 | CNP CENTERPOINT ENERGY | Utilities | 2.3% | $255.5m | 15,938,190 | -27% | reduced |
| 12 | CME HOLDINGS | 2.1% | $238.2m | 405,466 | 122% | added | |
| 13 | SUNCOR ENERGYCommon Stock | 1.8% | $203.6m | 2,143,450 | – | new | |
| 14 | PGR PROGRESSIVE CORPCommon Stock | Financial Services | 1.8% | $200.1m | 10,310,482 | 9% | added |
| 15 | WASH POST CO CL BCommon Stock | 1.7% | $194.9m | 243,595 | -19% | reduced | |
| 16 | STUDENT LOAN CORPCommon Stock | 1.6% | $176.5m | 978,624 | 19% | added | |
| 17 | LEGG MASON INC | 1.5% | $165.7m | 1,965,712 | 20% | added | |
| 18 | MA MASTERCARD INC | Financial Services | 1.4% | $156.0m | 1,054,313 | -22% | reduced |
| 19 | ICAHN ENTERPRISESCommon Stock | 1.3% | $146.4m | 1,254,038 | – | new | |
| 20 | POWER CORP CANADACommon Stock | 1.2% | $137.8m | 3,434,555 | 16% | added | |
| 21 | KOREA ELECTRIC POWER | 1.1% | $121.3m | 5,239,861 | -11% | reduced | |
| 22 | WESTERN OIL SANDS | 1.0% | $115.9m | 2,956,992 | -8% | reduced | |
| 23 | IBN ICICI BANKCommon Stock | Financial Services | 1.0% | $111.9m | 2,123,276 | 465% | added |
| 24 | WHITE MTNS INS GRP | 0.9% | $106.0m | 203,897 | – | new | |
| 25 | PWR QUANTA SERVICES INCCommon Stock | Industrials | 0.9% | $95.5m | 3,609,354 | 14% | added |
| 26 | ANGLO AMERN PLC | 0.8% | $89.8m | 2,685,499 | – | new | |
| 27 | LEHMAN BROS HLDGS | 0.8% | $89.8m | 1,453,973 | 515% | added | |
| 28 | BEAR STEARNS CO | 0.8% | $87.4m | 711,919 | 41% | added | |
| 29 | FANNIE MAECommon Stock | 0.7% | $81.3m | 1,336,251 | 43% | added | |
| 30 | ENCANA CORPCommon Stock | 0.7% | $80.9m | 1,308,077 | 1586% | added | |
| 31 | SEARS HLDGS CORPCommon Stock | 0.7% | $78.9m | 619,923 | 20% | added | |
| 32 | FRMO CORP | 0.7% | $73.5m | 6,564,840 | 10% | added | |
| 33 | LINK R/E INV TR | 0.6% | $72.1m | 32,725,776 | 58% | added | |
| 34 | LABRANCHECommon Stock | 0.6% | $68.3m | 14,589,492 | – | new | |
| 35 | PENN WEST ENERGY TR | 0.6% | $66.6m | 2,141,943 | 13% | added | |
| 36 | CMS CMS ENERGY CORP | Utilities | 0.6% | $61.7m | 3,668,900 | 24% | added |
| 37 | WMB WILLIAMS COMPANIESCommon Stock | Energy | 0.5% | $58.6m | 1,721,486 | – | new |
| 38 | CHINA LIFE INSURANCECommon Stock | 0.5% | $57.0m | 661,595 | 18% | added | |
| 39 | BANK OF JAPAN | 0.5% | $50.6m | 33,400 | – | new | |
| 40 | MIRANT | 0.4% | $47.2m | 1,159,723 | 19% | added | |
| 41 | MS MORGAN STANLEY | Financial Services | 0.4% | $44.3m | 704,255 | 73% | added |
| 42 | WYNN WYNN RESORTS LTDCommon Stock | Consumer Cyclical | 0.4% | $40.3m | 255,833 | 281% | added |
| 43 | JSE LIMITED | 0.3% | $38.0m | 3,200,490 | – | new | |
| 44 | PARGESA HLDGS SA | 0.3% | $34.9m | 318,284 | 4% | added | |
| 45 | BNY BANK NEW YORK MELLON | Financial Services | 0.3% | $31.0m | 703,389 | – | new |
| 46 | EXMOC EXXON MOBIL CORPCommon Stock | 0.3% | $30.3m | 327,642 | -5% | reduced | |
| 47 | FOREST CITY ENT | 0.3% | $29.4m | 534,286 | 28% | added | |
| 48 | MKL MARKEL CORPCommon Stock | Financial Services | 0.3% | $28.9m | 59,634 | 16% | added |
| 49 | URBANA CORP | 0.3% | $28.6m | 7,758,075 | – | new | |
| 50 | STT STATE STR CORP | Financial Services | 0.2% | $27.7m | 406,798 | 31% | added |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.