Horizon Kinetics 13F holdings, Q1 2020
Holdings as of March 31, 2020 · filings on SEC EDGAR · latest filing →
Horizon Kinetics disclosed 380 US equity positions worth $2.6bn in its Q1 2020 13F filing. The largest position was TEXAS PACIFIC LAND TRUST at 25.9% of the reported book, followed by HHH and LIBERTY MEDIA CORP DEL. Against the Q4 2019 filing, it opened 3 new positions, added to 12 and reduced 33 among the top 50 holdings.
What did Horizon Kinetics own in Q1 2020? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2019 |
|---|---|---|---|---|---|---|---|
| 1 | TEXAS PACIFIC LAND TRUST | 25.9% | $661.1m | 1,739,653 | -2% | reduced | |
| 2 | HHH HOWARD HUGHES CORP | Real Estate | 5.4% | $139.0m | 1,378,881 | -8% | reduced |
| 3 | LIBERTY MEDIA CORP DEL | 4.7% | $119.5m | 1,895,265 | -9% | reduced | |
| 4 | FNV FRANCO NEVADA CORP | Basic Materials | 4.4% | $111.8m | 1,123,031 | -1% | reduced |
| 5 | 8L8C LIBERTY BROADBAND CORP | 3.8% | $96.5m | 437,209 | -8% | reduced | |
| 6 | WPM WHEATON PRECIOUS METALS CORP | Basic Materials | 3.7% | $95.6m | 3,472,301 | -3% | reduced |
| 7 | CACI CACI INTL INC | Technology | 3.5% | $88.4m | 418,563 | 7% | added |
| 8 | WEN WENDYS COMPANY | Consumer Cyclical | 3.1% | $79.6m | 2,689,944 | 10% | added |
| 9 | BROOKFIELD ASSET MGMT INC | 2.3% | $59.9m | 2,030,857 | 40% | added | |
| 10 | ICAHN ENTERPRISES LP | 2.3% | $59.7m | 1,232,437 | -10% | reduced | |
| 11 | LNG CHENIERE ENERGY INC | Energy | 1.9% | $48.1m | 722,563 | 19% | added |
| 12 | CBOE CBOE GLOBAL MARKETS INC | Financial Services | 1.8% | $45.6m | 510,431 | -3% | reduced |
| 13 | ASSOCIATED CAP GROUP INC | 1.7% | $44.3m | 1,449,128 | -1% | reduced | |
| 14 | LYV LIVE NATION ENTERTAINMENT INC. | Communication Services | 1.5% | $39.5m | 869,842 | -10% | reduced |
| 15 | SAIC SCIENCE APPLICATNS INTL CP N | Technology | 1.5% | $38.1m | 510,588 | -7% | reduced |
| 16 | PROSHARES TR II | 1.5% | $37.4m | 1,207,333 | – | new | |
| 17 | BRK/B BERKSHIRE HATHAWAY INC DEL | 1.4% | $36.3m | 100,099 | -4% | reduced | |
| 18 | ISHARES TR | 1.4% | $35.8m | 571,930 | – | new | |
| 19 | CME CME GROUP INC | Financial Services | 1.3% | $32.6m | 188,443 | -4% | reduced |
| 20 | ELS EQUITY LIFESTYLE PPTYS INC | Real Estate | 1.1% | $26.8m | 236,670 | -5% | reduced |
| 21 | CHENIERE ENERGY INC | 1.0% | $25.6m | 52,257,500 | -6% | reduced | |
| 22 | VGSH VANGUARD INDEX FDS | 0.9% | $22.0m | 353,330 | -6% | reduced | |
| 23 | MSGS MADISON SQUARE GARDEN SPORTS CP | Communication Services | 0.8% | $21.4m | 51,373 | -7% | reduced |
| 24 | LIBERTY MEDIA CORP DEL | 0.8% | $20.2m | 638,811 | -12% | reduced | |
| 25 | SHV ISHARES TR | 0.8% | $19.2m | 173,209 | – | new | |
| 26 | RGLD ROYAL GOLD INC | Basic Materials | 0.7% | $18.0m | 205,317 | -7% | reduced |
| 27 | CIVEO CORP CDA COM | 0.7% | $17.5m | 42,495,252 | 16% | added | |
| 28 | LIBERTY MEDIA CORP DEL | 0.7% | $16.8m | 314,537 | -8% | reduced | |
| 29 | MA MASTERCARD INC | Financial Services | 0.6% | $15.6m | 64,416 | -6% | reduced |
| 30 | GOOG ALPHABET INC | Communication Services | 0.6% | $14.7m | 6,471 | -1% | reduced |
| 31 | ECHO ECHOSTAR CORP | Communication Services | 0.5% | $13.3m | 213,802 | -11% | reduced |
| 32 | AYS1 SANDSTORM GOLD LTD | 0.5% | $12.3m | 2,462,470 | 6% | added | |
| 33 | AMCX AMC NETWORKS INC | Communication Services | 0.5% | $12.1m | 253,589 | 2% | added |
| 34 | GCI LIBERTY INC | 0.5% | $11.6m | 105,146 | -9% | reduced | |
| 35 | MKL MARKEL CORP | Financial Services | 0.4% | $11.2m | 12,068 | -18% | reduced |
| 36 | LIBERTY BROADBAND CORP | 0.4% | $9.4m | 88,140 | -9% | reduced | |
| 37 | IPAR INTER PARFUMS INC | Consumer Defensive | 0.4% | $9.2m | 198,023 | -1% | reduced |
| 38 | PYPL PAYPAL HLDGS INC | Financial Services | 0.3% | $8.5m | 88,794 | -1% | reduced |
| 39 | GOOGL ALPHABET INC | Communication Services | 0.3% | $7.7m | 6,647 | -0% | held |
| 40 | LVS LAS VEGAS SANDS CORP | Consumer Cyclical | 0.3% | $7.5m | 92,466 | -9% | reduced |
| 41 | NUVEEN AMT-FREE QLTY MUN INCOME | 0.3% | $7.5m | 551,507 | -3% | reduced | |
| 42 | ICE INTERCONTINENTAL EXCHANGE INC | Financial Services | 0.3% | $7.3m | 90,262 | 10% | added |
| 43 | BGC PARTNERS INC | 0.3% | $7.2m | 2,871,225 | 1% | added | |
| 44 | DOUBLELINE OPPORTUNISTIC CR | 0.3% | $7.1m | 417,250 | -13% | reduced | |
| 45 | ROYCE MICRO-CAP TR INC | 0.3% | $6.6m | 1,187,655 | -7% | reduced | |
| 46 | DORCHESTER MINERALS LP | 0.3% | $6.4m | 687,111 | 0% | held | |
| 47 | BA BOEING CO | Industrials | 0.2% | $5.7m | 38,094 | 401% | added |
| 48 | LIBERTY MEDIA CORP DEL | 0.2% | $5.6m | 156,916 | -10% | reduced | |
| 49 | V VISA INC | Financial Services | 0.2% | $5.6m | 34,647 | 1% | added |
| 50 | IHS MARKIT LTD | 0.2% | $5.5m | 92,223 | 83% | 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.