Horizon Kinetics 13F holdings, Q1 2019
Holdings as of March 31, 2019 · filings on SEC EDGAR · latest filing →
Horizon Kinetics disclosed 484 US equity positions worth $3.0bn in its Q1 2019 13F filing. The largest position was TEXAS PACIFIC LAND TRUST at 47.0% of the reported book, followed by ICAHN ENTERPRISES LP and CIVEO CORP CDA COM. Against the Q1 2011 filing, it opened 38 new positions, added to 4 and reduced 8 among the top 50 holdings.
What did Horizon Kinetics own in Q1 2019? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2011 |
|---|---|---|---|---|---|---|---|
| 1 | TEXAS PACIFIC LAND TRUST | 47.0% | $1.4bn | 1,800,315 | – | new | |
| 2 | ICAHN ENTERPRISES LP | 4.7% | $139.9m | 1,930,040 | – | new | |
| 3 | CIVEO CORP CDA COM | 3.0% | $87.5m | 41,672,332 | – | new | |
| 4 | FNV FRANCO NEVADA CORP | Basic Materials | 2.5% | $73.7m | 982,161 | – | new |
| 5 | WPM WHEATON PRECIOUS METALS CORP | Basic Materials | 2.4% | $72.5m | 3,042,365 | – | new |
| 6 | BROOKFIELD ASSET MGMT INC | 2.4% | $70.0m | 1,500,117 | -79% | reduced | |
| 7 | LYV LIVE NATION ENTERTAINMENT INC. | Communication Services | 2.2% | $65.5m | 1,030,347 | 1097% | added |
| 8 | CBOE CBOE GLOBAL MARKETS INC | Financial Services | 2.1% | $63.0m | 659,837 | -40% | reduced |
| 9 | ASSOCIATED CAP GROUP INC | 2.0% | $60.1m | 1,519,886 | – | new | |
| 10 | CACI CACI INTL INC | Technology | 1.8% | $54.5m | 299,297 | – | new |
| 11 | CHENIERE ENERGY INC | 1.7% | $50.7m | 64,814,000 | – | new | |
| 12 | VGSH VANGUARD SCOTTSDALE FDS | 1.6% | $47.9m | 793,055 | – | new | |
| 13 | LIBERTY MEDIA CORP DELAWARE | 1.5% | $44.3m | 1,161,126 | – | new | |
| 14 | SAIC SCIENCE APPLICATNS INTL CP N | Technology | 1.4% | $41.4m | 537,894 | – | new |
| 15 | CME CME GROUP INC | Financial Services | 1.2% | $35.9m | 217,826 | -24% | reduced |
| 16 | GE GENERAL ELECTRIC CO | Industrials | 0.8% | $24.2m | 2,418,315 | 3693% | added |
| 17 | RGLD ROYAL GOLD INC | Basic Materials | 0.8% | $22.7m | 249,945 | 591% | added |
| 18 | ROYCE MICRO-CAP TR INC | 0.7% | $20.3m | 2,441,811 | – | new | |
| 19 | MKL MARKEL CORP | Financial Services | 0.7% | $19.9m | 19,956 | -34% | reduced |
| 20 | MA MASTERCARD INC | Financial Services | 0.6% | $17.6m | 74,625 | -77% | reduced |
| 21 | DOUBLELINE INCOME SOLUTIONS | 0.5% | $16.3m | 816,770 | – | new | |
| 22 | NVGS NAVIGATOR HOLDINGS LTD | Energy | 0.5% | $16.1m | 1,465,025 | – | new |
| 23 | OAK OAKTREE CAP GROUP LLC | 0.5% | $16.0m | 322,174 | – | new | |
| 24 | IPAR INTER PARFUMS INC | Consumer Defensive | 0.5% | $15.1m | 198,482 | 8% | added |
| 25 | AYS1 SANDSTORM GOLD LTD | 0.4% | $11.8m | 2,158,955 | – | new | |
| 26 | LIBERTY BROADBAND CORP | 0.4% | $10.6m | 115,520 | – | new | |
| 27 | DOUBLELINE OPPORTUNISTIC CR | 0.3% | $9.5m | 468,737 | – | new | |
| 28 | LIBERTY MEDIA CORP DELAWARE | 0.3% | $9.4m | 275,319 | – | new | |
| 29 | PYPL PAYPAL HLDGS INC | Financial Services | 0.3% | $9.2m | 89,000 | – | new |
| 30 | GOOGL ALPHABET INC | Communication Services | 0.3% | $8.2m | 6,942 | – | new |
| 31 | EXMOC EXXON MOBIL CORP | 0.3% | $8.1m | 100,339 | -21% | reduced | |
| 32 | MESABI TR | 0.3% | $7.9m | 270,583 | – | new | |
| 33 | PIMCO DYNAMIC INCOME FD | 0.3% | $7.6m | 238,134 | – | new | |
| 34 | NUVEEN AMT-FREE QLTY MUN INCOME | 0.3% | $7.6m | 571,189 | – | new | |
| 35 | ROYAL GOLD INC | 0.2% | $6.9m | 6,949,000 | – | new | |
| 36 | PTEN PATTERSON UTI ENERGY INC | Energy | 0.2% | $6.8m | 486,863 | – | new |
| 37 | VANGUARD INDEX TR | 0.2% | $6.6m | 45,648 | – | new | |
| 38 | BGC PARTNERS INC | 0.2% | $6.5m | 1,221,142 | – | new | |
| 39 | VOO VANGUARD INDEX FDS | 0.2% | $5.9m | 22,597 | – | new | |
| 40 | BSM BLACK STONE MINERALS L P | 0.2% | $5.7m | 320,663 | – | new | |
| 41 | DISCOVERY INC | 0.2% | $5.4m | 199,864 | – | new | |
| 42 | V VISA INC | Financial Services | 0.2% | $5.4m | 34,450 | – | new |
| 43 | TORTOISE MIDSTREAM ENERGY FD INC | 0.2% | $5.2m | 370,995 | – | new | |
| 44 | VIPER ENERGY PARTNERS LP | 0.2% | $5.1m | 154,418 | – | new | |
| 45 | BCPC BALCHEM CORP | Basic Materials | 0.2% | $5.1m | 54,704 | – | new |
| 46 | KAYNE ANDERSON MLP INVSMNT C | 0.2% | $4.9m | 306,065 | – | new | |
| 47 | PIMCO INCOME STRATEGY FUND II | 0.2% | $4.9m | 476,233 | -70% | reduced | |
| 48 | ALLEGHANY CORP | 0.1% | $4.4m | 7,190 | – | new | |
| 49 | WMB WILLIAMS COS INC | Energy | 0.1% | $4.4m | 152,313 | -48% | reduced |
| 50 | SPY SPDR S&P 500 ETF TR | 0.1% | $4.4m | 15,460 | – | new |
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.