Horizon Kinetics 13F holdings, Q3 2023
Holdings as of September 30, 2023 · filings on SEC EDGAR · latest filing →
Horizon Kinetics disclosed 326 US equity positions worth $5.0bn in its Q3 2023 13F filing. The largest position was TPL at 49.9% of the reported book, followed by GBTC and CACI. Against the Q2 2023 filing, it opened 2 new positions, added to 3 and reduced 38 among the top 50 holdings.
What did Horizon Kinetics own in Q3 2023? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2023 |
|---|---|---|---|---|---|---|---|
| 1 | TPL TEXAS PACIFIC LAND CORP | Energy | 49.9% | $2.5bn | 1,380,471 | -2% | reduced |
| 2 | GBTC GRAYSCALE BITCOIN TRUST BTC | 6.0% | $302.9m | 15,783,711 | -0% | held | |
| 3 | CACI CACI INTL INC CL A | Technology | 2.6% | $133.1m | 423,942 | -4% | reduced |
| 4 | WPM WHEATON PRECIOUS METALS CORP | Basic Materials | 2.5% | $128.5m | 3,170,058 | -5% | reduced |
| 5 | FNV FRANCO NEVADA CORP | Basic Materials | 2.5% | $127.7m | 956,749 | -5% | reduced |
| 6 | LNG CHENIERE ENERGY INC | Energy | 2.0% | $99.6m | 599,988 | -7% | reduced |
| 7 | ICE INTERCONTINENTAL EXCHANGE INC | Financial Services | 1.9% | $96.1m | 873,766 | -5% | reduced |
| 8 | CVEO CIVEO CORP | 1.7% | $84.2m | 4,062,279 | -0% | held | |
| 9 | PERMIAN BASIN RTY TR UNIT BEN INT | 1.7% | $83.9m | 3,946,450 | -1% | reduced | |
| 10 | CBOE CBOE GLOBAL MARKETS INC | Financial Services | 1.3% | $63.4m | 405,573 | 0% | held |
| 11 | MESABI TR CTF BEN INT | 1.2% | $61.2m | 3,049,352 | 3% | added | |
| 12 | ADM ARCHER DANIELS MIDLAND CO | Consumer Defensive | 1.2% | $61.0m | 808,164 | -10% | reduced |
| 13 | AN AUTONATION INC | Consumer Cyclical | 0.9% | $47.1m | 310,964 | -1% | reduced |
| 14 | SAIC SCIENCE APPLICATNS INTL CP | Technology | 0.9% | $44.8m | 424,174 | -2% | reduced |
| 15 | CME CME GROUP INC | Financial Services | 0.9% | $44.0m | 219,976 | -5% | reduced |
| 16 | VIPER ENERGY PARTNERS LP | 0.9% | $43.7m | 1,566,021 | -14% | reduced | |
| 17 | ASSOCIATED CAP GROUP INC CL A | 0.9% | $43.1m | 1,180,366 | -3% | reduced | |
| 18 | HHH HOWARD HUGHES HOLDINGS INC | Real Estate | 0.9% | $42.9m | 579,143 | – | new |
| 19 | CRL CHARLES RIV LABS INTL INC | Healthcare | 0.8% | $42.0m | 214,235 | -8% | reduced |
| 20 | BN BROOKFIELD CORP CL A LMT VTG S | Financial Services | 0.8% | $40.2m | 1,285,024 | -2% | reduced |
| 21 | BUNGE LIMITED SHS | 0.8% | $38.3m | 353,786 | -12% | reduced | |
| 22 | LYV LIVE NATION ENTERTAINMENT INC | Communication Services | 0.7% | $34.5m | 415,374 | -6% | reduced |
| 23 | MRSH MARSH & MCLENNAN COS INC | Financial Services | 0.7% | $34.3m | 180,010 | -14% | reduced |
| 24 | JOE THE SAINT JOE CO | Real Estate | 0.7% | $33.4m | 613,947 | -7% | reduced |
| 25 | PAG PENSKE AUTOMOTIVE GRP INC | Consumer Cyclical | 0.6% | $32.8m | 196,169 | -1% | reduced |
| 26 | SITIO ROYALTIES CORP | 0.6% | $29.5m | 1,217,286 | -29% | reduced | |
| 27 | DORCHESTER MINERALS LP | 0.6% | $28.0m | 963,089 | -3% | reduced | |
| 28 | WFG WEST FRASER TIMBER LTD | Basic Materials | 0.5% | $25.9m | 356,916 | -13% | reduced |
| 29 | AYS1 SANDSTORM GOLD LTD | 0.5% | $25.5m | 5,480,156 | -7% | reduced | |
| 30 | CCJ CAMECO CORP | Energy | 0.5% | $25.3m | 637,505 | -12% | reduced |
| 31 | WEN WENDYS COMPANY | Consumer Cyclical | 0.5% | $23.8m | 1,168,190 | -3% | reduced |
| 32 | NTR NUTRIEN LTD | Basic Materials | 0.5% | $23.1m | 374,077 | -12% | reduced |
| 33 | IPAR INTER PARFUMS INC | Consumer Defensive | 0.4% | $22.0m | 163,609 | -0% | held |
| 34 | CBRE CBRE GROUP INC CL A | Real Estate | 0.4% | $20.5m | 277,434 | -14% | reduced |
| 35 | OSISKO GOLD ROYALTIES LTD | 0.4% | $20.2m | 1,716,200 | -13% | reduced | |
| 36 | TRC TEJON RANCH CO DEL | 0.4% | $18.6m | 1,146,349 | -2% | reduced | |
| 37 | BRK/B BERKSHIRE HATHAWAY INC DEL CL B NEW | 0.3% | $16.9m | 48,341 | -1% | reduced | |
| 38 | CCL CARNIVAL CORP PAIREDCTF | Consumer Cyclical | 0.3% | $15.9m | 1,160,590 | 1% | added |
| 39 | BAM BROOKFIELD ASSET MANAGMT LTDCL A LMT VTG S | Financial Services | 0.3% | $14.4m | 431,647 | -9% | reduced |
| 40 | RGLD ROYAL GOLD INC | Basic Materials | 0.3% | $14.0m | 131,398 | -3% | reduced |
| 41 | VUSB VANGUARD BD INDEX FDS VANGUARD ULTRA | 0.3% | $13.7m | 278,252 | -9% | reduced | |
| 42 | OSK OSHKOSH CORP | Industrials | 0.3% | $13.1m | 136,860 | 0% | held |
| 43 | MA MASTERCARD INC | Financial Services | 0.3% | $13.0m | 32,730 | -0% | held |
| 44 | VGSH VANGUARD SHORTTERM GVT BD ETF | 0.3% | $12.8m | 222,890 | 0% | held | |
| 45 | LIBERTY MEDIA CORP DEL | 0.2% | $12.6m | 202,275 | – | new | |
| 46 | BA BOEING CO | Industrials | 0.2% | $11.3m | 59,027 | -2% | reduced |
| 47 | HORIZON KINETICS SPAC ACTIVE ETF | 0.2% | $10.9m | 110,356 | 22% | added | |
| 48 | 8L8C LIBERTY BROADBAND CORP | 0.2% | $9.9m | 108,368 | -4% | reduced | |
| 49 | ELS EQUITY LIFESTYLE PPTYS INC | Real Estate | 0.2% | $9.7m | 152,057 | -7% | reduced |
| 50 | SPGI S&P GLOBAL INC | Financial Services | 0.2% | $9.6m | 26,141 | -6% | 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.