Horizon Kinetics 13F holdings, Q4 2019
Holdings as of December 31, 2019 · filings on SEC EDGAR · latest filing →
Horizon Kinetics disclosed 472 US equity positions worth $3.0bn in its Q4 2019 13F filing. The largest position was TEXAS PACIFIC LAND TRUST at 46.5% of the reported book, followed by FNV and WPM. Against the Q3 2019 filing, it opened 1 new position, added to 7 and reduced 31 among the top 50 holdings.
What did Horizon Kinetics own in Q4 2019? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2019 |
|---|---|---|---|---|---|---|---|
| 1 | TEXAS PACIFIC LAND TRUST | 46.5% | $1.4bn | 1,774,880 | -0% | held | |
| 2 | FNV FRANCO NEVADA CORP | Basic Materials | 3.9% | $117.0m | 1,132,793 | -0% | held |
| 3 | WPM WHEATON PRECIOUS METALS CORP | Basic Materials | 3.6% | $106.3m | 3,574,763 | -0% | held |
| 4 | CACI CACI INTL INC | Technology | 3.3% | $98.0m | 392,100 | 3% | added |
| 5 | ICAHN ENTERPRISES LP | 2.8% | $84.4m | 1,372,697 | -14% | reduced | |
| 6 | BROOKFIELD ASSET MGMT INC | 2.8% | $83.8m | 1,449,355 | -5% | reduced | |
| 7 | LYV LIVE NATION ENTERTAINMENT INC. | Communication Services | 2.3% | $68.8m | 962,495 | -4% | reduced |
| 8 | CBOE CBOE GLOBAL MARKETS INC | Financial Services | 2.1% | $63.2m | 526,560 | -17% | reduced |
| 9 | 8L8C LIBERTY BROADBAND CORP | 2.0% | $59.5m | 473,311 | -5% | reduced | |
| 10 | ASSOCIATED CAP GROUP INC | 1.9% | $57.2m | 1,459,367 | -1% | reduced | |
| 11 | SAIC SCIENCE APPLICATNS INTL CP N | Technology | 1.6% | $47.8m | 549,192 | -4% | reduced |
| 12 | CIVEO CORP CDA | 1.6% | $47.1m | 36,493,596 | -9% | reduced | |
| 13 | CHENIERE ENERGY INC | 1.5% | $43.8m | 55,580,000 | -9% | reduced | |
| 14 | CME CME GROUP INC | Financial Services | 1.3% | $39.4m | 196,415 | -4% | reduced |
| 15 | LIBERTY MEDIA CORP DELAWARE | 1.2% | $35.1m | 725,249 | -19% | reduced | |
| 16 | RGLD ROYAL GOLD INC | Basic Materials | 0.9% | $27.0m | 220,751 | -5% | reduced |
| 17 | VGSH VANGUARD SCOTTSDALE FDS | 0.8% | $23.0m | 377,670 | -1% | reduced | |
| 18 | MA MASTERCARD INC | Financial Services | 0.7% | $20.6m | 68,831 | -4% | reduced |
| 19 | NVGS NAVIGATOR HOLDINGS LTD | Energy | 0.6% | $17.4m | 1,293,996 | -5% | reduced |
| 20 | AYS1 SANDSTORM GOLD LTD | 0.6% | $17.2m | 2,314,073 | 1% | added | |
| 21 | BGC PARTNERS INC | 0.6% | $16.9m | 2,852,693 | 19% | added | |
| 22 | MKL MARKEL CORP | Financial Services | 0.6% | $16.7m | 14,642 | -23% | reduced |
| 23 | IPAR INTER PARFUMS INC | Consumer Defensive | 0.5% | $14.5m | 199,822 | 2% | added |
| 24 | DORCHESTER MINERALS LP | 0.4% | $13.4m | 687,111 | -10% | reduced | |
| 25 | LIBERTY BROADBAND CORP | 0.4% | $12.1m | 96,795 | -2% | reduced | |
| 26 | DOUBLELINE INCOME SOLUTIONS | 0.4% | $10.9m | 553,352 | -28% | reduced | |
| 27 | ROYCE MICRO-CAP TR INC | 0.4% | $10.9m | 1,279,959 | -9% | reduced | |
| 28 | LIBERTY MEDIA CORP DELAWARE | 0.3% | $10.1m | 230,503 | -3% | reduced | |
| 29 | DOUBLELINE OPPORTUNISTIC CR | 0.3% | $9.9m | 481,469 | 3% | added | |
| 30 | PYPL PAYPAL HLDGS INC | Financial Services | 0.3% | $9.7m | 89,410 | 0% | held |
| 31 | GOOGL ALPHABET INC | Communication Services | 0.3% | $8.9m | 6,676 | -1% | reduced |
| 32 | NUVEEN AMT-FREE QLTY MUN INCOME | 0.3% | $8.2m | 569,993 | -0% | held | |
| 33 | ICE INTERCONTINENTAL EXCHANGE INC | Financial Services | 0.3% | $7.6m | 82,337 | 23% | added |
| 34 | PIMCO DYNAMIC INCOME FD | 0.3% | $7.6m | 233,960 | -0% | held | |
| 35 | MESABI TR | 0.2% | $7.2m | 306,290 | -6% | reduced | |
| 36 | EXMOC EXXON MOBIL CORP | 0.2% | $6.9m | 98,505 | -2% | reduced | |
| 37 | V VISA INC | Financial Services | 0.2% | $6.5m | 34,448 | 0% | held |
| 38 | DISCOVERY INC | 0.2% | $6.1m | 187,109 | -3% | reduced | |
| 39 | ALLEGHANY CORP DEL | 0.2% | $5.7m | 7,131 | -0% | held | |
| 40 | BCPC BALCHEM CORP | Basic Materials | 0.2% | $5.6m | 54,694 | 0% | held |
| 41 | APYX APYX MED CORP | Healthcare | 0.2% | $5.2m | 615,000 | 0% | held |
| 42 | PIMCO INCOME STRATEGY FUND II | 0.2% | $5.0m | 473,095 | -1% | reduced | |
| 43 | VANGUARD INDEX TR | 0.2% | $5.0m | 30,333 | -6% | reduced | |
| 44 | VOO VANGUARD INDEX FDS | 0.2% | $4.8m | 16,305 | -9% | reduced | |
| 45 | PTEN PATTERSON UTI ENERGY INC | Energy | 0.2% | $4.6m | 441,363 | -1% | reduced |
| 46 | KIMBELL RTY PARTNERS LP | 0.1% | $4.2m | 246,577 | 50% | added | |
| 47 | MRK MERCK & COMPANY | Healthcare | 0.1% | $4.0m | 44,170 | -2% | reduced |
| 48 | IHS MARKIT LTD | 0.1% | $3.8m | 50,377 | – | new | |
| 49 | NUVEEN TAXABLE MUNICIPAL INC FUND | 0.1% | $3.7m | 171,610 | -5% | reduced | |
| 50 | BRK/A BERKSHIRE HATHAWAY INC DEL | 0.1% | $3.7m | 11 | 0% | held |
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.