Horizon Kinetics 13F holdings, Q1 2023
Holdings as of March 31, 2023 · filings on SEC EDGAR · latest filing →
Horizon Kinetics disclosed 329 US equity positions worth $5.2bn in its Q1 2023 13F filing. The largest position was TPL at 46.4% of the reported book, followed by GBTC and WPM. Against the Q4 2022 filing, it opened 0 new positions, added to 11 and reduced 35 among the top 50 holdings.
What did Horizon Kinetics own in Q1 2023? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2022 |
|---|---|---|---|---|---|---|---|
| 1 | TPL TEXAS PACIFIC LAND CORP | Energy | 46.4% | $2.4bn | 1,419,132 | -1% | reduced |
| 2 | GBTC GRAYSCALE BITCOIN | 5.0% | $259.2m | 15,841,652 | 0% | held | |
| 3 | WPM WHEATON PRECIOUS METALS CORP | Basic Materials | 3.2% | $167.2m | 3,471,530 | 1% | added |
| 4 | FNV FRANCO NEVADA | Basic Materials | 2.9% | $151.3m | 1,037,982 | -3% | reduced |
| 5 | CACI CACI INTL INC | Technology | 2.6% | $133.6m | 451,081 | -1% | reduced |
| 6 | LNG CHENIERE ENERGY INC | Energy | 2.0% | $106.5m | 675,984 | -3% | reduced |
| 7 | ICE INTERCONTINENTAL EXCHANGE INC | Financial Services | 1.9% | $100.8m | 966,669 | -3% | reduced |
| 8 | PERMIAN BASIN RTY TR | 1.9% | $98.5m | 4,038,065 | 8% | added | |
| 9 | CVEO CIVEO CORP CDA | 1.6% | $83.7m | 4,054,545 | 5% | added | |
| 10 | ADM ARCHER DANIELS MIDLAND CO | Consumer Defensive | 1.5% | $77.1m | 967,941 | -5% | reduced |
| 11 | MESABI TR | 1.4% | $74.4m | 2,953,826 | 10% | added | |
| 12 | BN BROOKFIELD CORP | Financial Services | 1.3% | $69.2m | 2,124,723 | -3% | reduced |
| 13 | VIPER ENERGY PARTNERS LP | 1.1% | $56.3m | 2,011,119 | -7% | reduced | |
| 14 | CBOE CBOE GLOBAL MARKETS INC | Financial Services | 1.1% | $54.9m | 408,995 | 1% | added |
| 15 | HHH HOWARD HUGHES CORP | Real Estate | 1.0% | $50.0m | 625,391 | -1% | reduced |
| 16 | CRL CHARLES RIV LABS INTL INC | Healthcare | 1.0% | $49.8m | 246,968 | -5% | reduced |
| 17 | PROSHARES TR II | 0.9% | $48.3m | 757,324 | -0% | held | |
| 18 | SAIC SCIENCE APPLICATNS INTL CP | Technology | 0.9% | $46.4m | 432,223 | 1% | added |
| 19 | CME CME GROUP INC | Financial Services | 0.9% | $46.1m | 240,587 | -2% | reduced |
| 20 | ASSOCIATED CAP GROUP INC | 0.9% | $45.7m | 1,236,464 | -1% | reduced | |
| 21 | SITIO ROYALTIES CORP | 0.8% | $42.9m | 1,899,085 | -13% | reduced | |
| 22 | AN AUTONATION INC | Consumer Cyclical | 0.8% | $42.6m | 317,404 | -7% | reduced |
| 23 | BUNGE LIMITED SHS | 0.8% | $42.2m | 441,437 | -5% | reduced | |
| 24 | MRSH MARSH & MCLENNAN COS INC | Financial Services | 0.7% | $38.7m | 232,254 | -7% | reduced |
| 25 | AYS1 SANDSTORM GOLD LTD | 0.7% | $35.7m | 6,137,137 | -4% | reduced | |
| 26 | OSISKO GOLD ROYALTIES LTD | 0.7% | $34.4m | 2,172,297 | -6% | reduced | |
| 27 | NTR NUTRIEN LTD | Basic Materials | 0.7% | $34.2m | 463,358 | -1% | reduced |
| 28 | WFG WEST FRASER TIMBER LTD | Basic Materials | 0.6% | $32.4m | 454,723 | -6% | reduced |
| 29 | LYV LIVE NATION ENTERTAINMENT INC | Communication Services | 0.6% | $31.7m | 452,427 | -11% | reduced |
| 30 | DORCHESTER MINERALS | 0.6% | $30.8m | 1,016,180 | -1% | reduced | |
| 31 | JOE THE SAINT JOE CO | Real Estate | 0.6% | $29.5m | 708,134 | 4% | added |
| 32 | PAG PENSKE AUTOMOTIVE GRP INC | Consumer Cyclical | 0.5% | $28.1m | 198,184 | -8% | reduced |
| 33 | WEN WENDYS COMPANY | Consumer Cyclical | 0.5% | $26.5m | 1,216,151 | -2% | reduced |
| 34 | CBRE CBRE GROUP INC | Real Estate | 0.5% | $26.1m | 358,255 | -7% | reduced |
| 35 | IPAR INTER PARFUMS INC | Consumer Defensive | 0.4% | $23.4m | 164,361 | -0% | held |
| 36 | ICAHN ENTERPRISES LP | 0.4% | $22.1m | 427,694 | -4% | reduced | |
| 37 | TRC TEJON RANCH CO DEL | 0.4% | $21.1m | 1,154,800 | 14% | added | |
| 38 | RGLD ROYAL GOLD INC | Basic Materials | 0.3% | $17.8m | 137,263 | -1% | reduced |
| 39 | BAM BROOKFIELD ASSET MANAGMT LTD | Financial Services | 0.3% | $16.6m | 507,835 | -7% | reduced |
| 40 | LIBERTY MEDIA CORP DEL | 0.3% | $15.5m | 206,547 | -1% | reduced | |
| 41 | BRK/B BERKSHIRE HATHAWAY INC DEL | 0.3% | $15.0m | 48,710 | 16% | added | |
| 42 | VUSB VANGUARD BD INDEX FDS | 0.3% | $14.8m | 299,788 | 187% | added | |
| 43 | CNS COHEN & STEERS INC | Financial Services | 0.3% | $13.6m | 213,246 | -7% | reduced |
| 44 | RPRX ROYALTY PHARMA PLC | Healthcare | 0.3% | $13.4m | 373,120 | -7% | reduced |
| 45 | BA BOEING CO | Industrials | 0.2% | $12.8m | 60,109 | -6% | reduced |
| 46 | LIBERTY MEDICA CORP DEL | 0.2% | $12.4m | 442,983 | -39% | reduced | |
| 47 | ELS EQUITY LIFESTYLE PPTYS INC | Real Estate | 0.2% | $12.1m | 179,582 | -4% | reduced |
| 48 | MA MASTERCARD INC | Financial Services | 0.2% | $12.0m | 33,087 | 0% | held |
| 49 | CCL CARNIVAL CORP | Consumer Cyclical | 0.2% | $11.5m | 1,132,156 | 59% | added |
| 50 | OSK OSHKOSH CORP | Industrials | 0.2% | $11.3m | 136,168 | -9% | 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.