Horizon Kinetics 13F holdings, Q1 2011
Holdings as of March 31, 2011 · filings on SEC EDGAR · latest filing →
Horizon Kinetics disclosed 256 US equity positions worth $3.3bn in its Q1 2011 13F filing. The largest position was LEUCADIA NATIONAL CORP at 8.3% of the reported book, followed by SEARS HLDGS CORP and BROOKFIELD ASSET MGMT INC VTG. Against the Q4 2010 filing, it opened 3 new positions, added to 17 and reduced 26 among the top 50 holdings.
What did Horizon Kinetics own in Q1 2011? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2010 |
|---|---|---|---|---|---|---|---|
| 1 | LEUCADIA NATIONAL CORP | 8.3% | $270.3m | 7,200,389 | -5% | reduced | |
| 2 | SEARS HLDGS CORP | 7.3% | $238.8m | 2,889,130 | 0% | held | |
| 3 | BROOKFIELD ASSET MGMT INC VTG | 7.0% | $227.9m | 7,020,512 | -3% | reduced | |
| 4 | AN AUTONATION INC | Consumer Cyclical | 6.8% | $222.2m | 6,281,026 | 112% | added |
| 5 | JARDEN CORP | 6.1% | $197.3m | 5,545,612 | 5% | added | |
| 6 | LIBERTY MEDIA HLDG CORP CAP SER CAP | 5.4% | $177.4m | 2,408,624 | -2% | reduced | |
| 7 | FOREST CITY ENTERPRISES INC | 5.1% | $167.6m | 8,898,971 | -0% | held | |
| 8 | L LOEWS CORP | Financial Services | 4.1% | $132.4m | 3,073,157 | -5% | reduced |
| 9 | IMO IMPERIAL OIL LTD | Energy | 3.6% | $117.2m | 2,295,117 | -6% | reduced |
| 10 | HHH HOWARD HUGHES CORP | Real Estate | 3.3% | $107.3m | 1,519,489 | – | new |
| 11 | TV GRUPO TELEVISA SA DE CV SP | 2.7% | $87.1m | 3,552,242 | -4% | reduced | |
| 12 | CME CME GROUP INC | Financial Services | 2.7% | $86.6m | 287,161 | -15% | reduced |
| 13 | NYSE EURONEXT | 2.6% | $84.9m | 2,413,834 | -15% | reduced | |
| 14 | MA MASTERCARD INC | Financial Services | 2.5% | $81.9m | 325,505 | -4% | reduced |
| 15 | IBN ICICI BK LTD | Financial Services | 2.2% | $71.5m | 1,435,637 | -8% | reduced |
| 16 | GLRE GREENLIGHT CAPITAL RE LTD | Financial Services | 2.1% | $68.6m | 2,430,906 | 19% | added |
| 17 | LIBERTY MEDIA CORP NEW LIB STARLIB STAR | 1.7% | $55.3m | 712,600 | 27% | added | |
| 18 | VNO VORNADO RLTY TR SBI SH BEN INT | Real Estate | 1.6% | $52.9m | 604,054 | -3% | reduced |
| 19 | GENERAL GROWTH PPTYS INC NEWCOM | 1.6% | $52.4m | 3,385,158 | 4% | added | |
| 20 | AZO AUTOZONE INC | Consumer Cyclical | 1.2% | $39.7m | 145,264 | -0% | held |
| 21 | WYNN WYNN RESORTS LTD | Consumer Cyclical | 1.1% | $34.4m | 270,840 | -2% | reduced |
| 22 | CB RICHARD ELLIS GROUP INC | 1.0% | $33.9m | 1,271,470 | -34% | reduced | |
| 23 | CBOE CBOE HLDGS INC | Financial Services | 1.0% | $31.7m | 1,093,466 | -14% | reduced |
| 24 | LVS LAS VEGAS SANDS CORP | Consumer Cyclical | 0.7% | $23.6m | 558,276 | 24% | added |
| 25 | CNQ CANADIAN NAT RES LTD | Energy | 0.6% | $18.9m | 381,492 | -2% | reduced |
| 26 | LEUCADIA NATL CORP SR NT CONV | 0.6% | $18.2m | 10,585,000 | 962272627% | added | |
| 27 | SILVER WHEATON CORP | 0.5% | $17.6m | 405,404 | -38% | reduced | |
| 28 | VRTS VIRTUS INVT PARTNERS INC | Financial Services | 0.5% | $17.3m | 293,215 | 14% | added |
| 29 | PIMCO INCOME STRATEGY FUND II | 0.5% | $16.4m | 1,573,395 | 15% | added | |
| 30 | NASDAQ - 2.50% 08/15/13 CONVERTIBLNOTE 2.500% 8/ | 0.5% | $15.7m | 15,840,000 | 1439999900% | added | |
| 31 | CHESAPEAKE ENERGDTD 05/27/0 2.250% | 0.5% | $15.5m | 15,100,000 | 129% | added | |
| 32 | BOKF BOK FINL CORP | Financial Services | 0.5% | $15.4m | 297,433 | 4% | added |
| 33 | INTERCONTINENTAL EXCH ANGE INC COCOM | 0.4% | $13.6m | 110,138 | -46% | reduced | |
| 34 | SOTHEBYS SR NT CONV 3.125% 06/15NOTE 3.125% 6/ | 0.4% | $12.6m | 7,672,000 | -3% | reduced | |
| 35 | MKL MARKEL CORP | Financial Services | 0.4% | $12.6m | 30,411 | 127% | added |
| 36 | NUVEEN PERFORM PLUS MUN FD | 0.4% | $11.7m | 872,964 | -3% | reduced | |
| 37 | PM PHILIP MORRIS INTL INC | Consumer Defensive | 0.4% | $11.6m | 176,161 | -8% | reduced |
| 38 | PIMCO INCOME OPPORTUNITY FD | 0.3% | $11.3m | 413,439 | 13% | added | |
| 39 | US GOLD CORPORATION | 0.3% | $11.2m | 1,272,932 | 20% | added | |
| 40 | EXMOC EXXON MOBIL CORP | 0.3% | $10.7m | 127,593 | -40% | reduced | |
| 41 | ASCMA ASCENT MEDIA CORP | 0.3% | $9.4m | 193,042 | 321% | added | |
| 42 | IAC INTERACTIVECORP | 0.3% | $9.4m | 305,030 | -0% | held | |
| 43 | WMB WILLIAMS COS INC | Energy | 0.3% | $9.2m | 293,741 | -2% | reduced |
| 44 | WINTHROP RLTY TR SH BEN ISH BEN INT NEW | 0.3% | $8.5m | 696,770 | 199% | added | |
| 45 | SOTHEBYS DE | 0.3% | $8.4m | 159,640 | -25% | reduced | |
| 46 | EATON VANCE LTD DUR INCOME F | 0.3% | $8.2m | 514,262 | -2% | reduced | |
| 47 | MTB M & T BK CORP | Financial Services | 0.2% | $7.6m | 85,759 | -25% | reduced |
| 48 | ISHARES TR RUSL 200RUSL 2000 VALU | 0.2% | $7.5m | 100,000 | – | new | |
| 49 | INMET MNG CORP | 0.2% | $7.5m | 107,058 | – | new | |
| 50 | LIBERTY MEDIA HLDG CORP INT SER INT | 0.2% | $7.5m | 466,685 | -4% | 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.