Horizon Kinetics 13F holdings, Q1 2009
Holdings as of March 31, 2009 · filings on SEC EDGAR · latest filing →
Horizon Kinetics disclosed 219 US equity positions worth $2.1bn in its Q1 2009 13F filing. The largest position was IMO at 7.6% of the reported book, followed by BROOKFIELD ASSET MGMT INC VTG and PM. Against the Q4 2008 filing, it opened 6 new positions, added to 6 and reduced 38 among the top 50 holdings.
What did Horizon Kinetics own in Q1 2009? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2008 |
|---|---|---|---|---|---|---|---|
| 1 | IMO IMPERIAL OIL LTD | Energy | 7.6% | $159.7m | 4,430,970 | -13% | reduced |
| 2 | BROOKFIELD ASSET MGMT INC VTG | 6.9% | $145.7m | 10,572,380 | -12% | reduced | |
| 3 | PM PHILIP MORRIS INTL INC | Consumer Defensive | 6.2% | $129.6m | 3,641,807 | 74% | added |
| 4 | CME CME GROUP INC | Financial Services | 5.6% | $118.6m | 481,379 | 112% | added |
| 5 | ENCANA CORP | 5.6% | $118.5m | 2,919,062 | -12% | reduced | |
| 6 | BURLINGTON NORTHERN SANTA FE | 5.1% | $107.1m | 1,780,342 | -11% | reduced | |
| 7 | HUP HUANENG PWR INTL INCSPONSORED | 4.5% | $94.7m | 3,525,194 | -17% | reduced | |
| 8 | LEUCADIA NATIONAL CORP | 4.5% | $94.3m | 6,333,673 | -18% | reduced | |
| 9 | NYSE EURONEXT | 4.0% | $85.0m | 4,747,576 | -24% | reduced | |
| 10 | MA MASTERCARD INC | Financial Services | 3.8% | $80.5m | 480,775 | 34% | added |
| 11 | CHINA LIFE INS CO LTD | 3.6% | $76.4m | 1,551,545 | 123% | added | |
| 12 | CHU CHINA UNICOM HONG KONG LTD | 3.2% | $66.9m | 6,429,102 | – | new | |
| 13 | UNP UNION PACIFIC CORP | Industrials | 3.1% | $65.6m | 1,595,048 | -9% | reduced |
| 14 | GAZPROM O A O SPON | 3.0% | $63.4m | 4,100,663 | – | new | |
| 15 | ANGLO AMERN PLC | 2.6% | $55.3m | 6,484,080 | – | new | |
| 16 | LEGG MASON INC | 2.5% | $53.7m | 3,374,382 | -10% | reduced | |
| 17 | EL PASO CORP | 2.4% | $50.6m | 8,101,939 | -13% | reduced | |
| 18 | VNO VORNADO RLTY TR SBI | Real Estate | 1.4% | $28.4m | 854,992 | 743% | added |
| 19 | TIME WARNER CABLE INC | 1.3% | $27.8m | 1,122,697 | – | new | |
| 20 | ICAHN ENTERPRISES LPDEP UNIT LP INT UNIT | 1.2% | $24.8m | 954,182 | -17% | reduced | |
| 21 | INTERCONTINENTAL EXCHANGE INC | 1.2% | $24.5m | 328,732 | -17% | reduced | |
| 22 | CALPINE CORP | 1.1% | $23.3m | 3,426,691 | -27% | reduced | |
| 23 | IBN ICICI BK LTD | Financial Services | 1.0% | $20.1m | 1,513,942 | -12% | reduced |
| 24 | EXMOC EXXON MOBIL CORP | 0.9% | $19.2m | 281,286 | -4% | reduced | |
| 25 | TIP ISHARES TR US TIPS BD FD ETF/CEF | 0.9% | $18.3m | 177,643 | -15% | reduced | |
| 26 | MARKET VECTORS ETF TR GAMING E ETF/CEF | 0.7% | $15.8m | 1,022,527 | – | new | |
| 27 | MBI MBIA INC | Financial Services | 0.6% | $13.1m | 2,867,883 | -11% | reduced |
| 28 | WASHINGTON POST CO | 0.6% | $12.7m | 35,666 | -31% | reduced | |
| 29 | PGR PROGRESSIVE CORP OF OHIO | Financial Services | 0.6% | $12.2m | 906,864 | -23% | reduced |
| 30 | SEARS HLDGS CORP | 0.5% | $11.5m | 250,818 | -27% | reduced | |
| 31 | NUVEEN PERFORM PLUS MUN ETF/CEF | 0.5% | $11.4m | 965,621 | -13% | reduced | |
| 32 | TEXAS PACIFIC LAND TRUST SUB S | 0.4% | $9.3m | 358,532 | -8% | reduced | |
| 33 | BNY BANK OF NEW YORK MELLON CORP | Financial Services | 0.4% | $9.2m | 325,756 | -1% | reduced |
| 34 | CMS CMS ENERGY CORP | Utilities | 0.4% | $8.5m | 715,784 | -27% | reduced |
| 35 | LEUCADIA NATL CORP SR NT CONV CONV BOND | 0.4% | $8.4m | 10,005,000 | 66% | added | |
| 36 | PWR QUANTA SVCS INC | Industrials | 0.4% | $8.3m | 388,112 | -13% | reduced |
| 37 | MTB M & T BK CORP | Financial Services | 0.4% | $8.3m | 182,396 | -13% | reduced |
| 38 | CNQ CANADIAN NAT RES LTD | Energy | 0.4% | $8.0m | 206,984 | -29% | reduced |
| 39 | BLACKSTONE GROUP L PCOM LP INT UNIT | 0.4% | $7.9m | 1,095,522 | -28% | reduced | |
| 40 | PENN WEST ENERGY TR TR UNIT | 0.4% | $7.7m | 810,826 | -17% | reduced | |
| 41 | STUDENT LOAN CORP | 0.3% | $7.1m | 163,736 | -32% | reduced | |
| 42 | MIRANT CORP NEW | 0.3% | $6.5m | 574,201 | -16% | reduced | |
| 43 | WMB WILLIAMS COS INC | Energy | 0.3% | $6.0m | 531,304 | -19% | reduced |
| 44 | CACI CACI INTL INC | Technology | 0.3% | $5.4m | 148,295 | -33% | reduced |
| 45 | GLAXOSMITHKLINE PLC | 0.2% | $5.2m | 167,774 | -28% | reduced | |
| 46 | MKL MARKEL CORP | Financial Services | 0.2% | $5.0m | 17,746 | -24% | reduced |
| 47 | BOMBARDIER INC CLASSB | 0.2% | $4.4m | 1,876,775 | – | new | |
| 48 | SPY STANDARD & POORS DEPOSITARY ETF/CEF | 0.2% | $4.4m | 54,729 | -99% | reduced | |
| 49 | PC6A PETROCHINA CO LTD | 0.2% | $4.3m | 53,948 | -23% | reduced | |
| 50 | WFC WELLS FARGO & CO NEW | Financial Services | 0.2% | $4.2m | 293,970 | -28% | reduced |
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.