Horizon Kinetics 13F holdings, Q4 2023
Holdings as of December 31, 2023 · filings on SEC EDGAR · latest filing →
Horizon Kinetics disclosed 320 US equity positions worth $4.8bn in its Q4 2023 13F filing. The largest position was TPL at 44.1% of the reported book, followed by GBTC and WPM. Against the Q3 2023 filing, it opened 2 new positions, added to 2 and reduced 43 among the top 50 holdings.
What did Horizon Kinetics own in Q4 2023? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2023 |
|---|---|---|---|---|---|---|---|
| 1 | TPL TEXAS PACIFIC LAND CORP | Energy | 44.1% | $2.1bn | 1,338,755 | -3% | reduced |
| 2 | GBTC GRAYSCALE BITCOIN TRUST BTC | 11.3% | $540.2m | 15,604,708 | -1% | reduced | |
| 3 | WPM WHEATON PRECIOUS METALS CORP | Basic Materials | 3.0% | $144.6m | 2,931,266 | -8% | reduced |
| 4 | CACI CACI INTL INC CL A | Technology | 2.7% | $127.5m | 393,605 | -7% | reduced |
| 5 | ICE INTERCONTINENTAL EXCHANGE INC | Financial Services | 2.1% | $100.4m | 781,939 | -11% | reduced |
| 6 | FNV FRANCO NEVADA CORP | Basic Materials | 2.0% | $96.6m | 872,143 | -9% | reduced |
| 7 | CVEO CIVEO CORP | 1.8% | $85.3m | 3,734,335 | -8% | reduced | |
| 8 | LNG CHENIERE ENERGY INC | Energy | 1.8% | $84.7m | 496,388 | -17% | reduced |
| 9 | CBOE CBOE GLOBAL MARKETS INC | Financial Services | 1.5% | $72.4m | 405,632 | 0% | held |
| 10 | MESABI TR | 1.3% | $59.8m | 2,920,318 | -4% | reduced | |
| 11 | SAIC SCIENCE APPLICATNS INTL CP | Technology | 1.1% | $51.7m | 416,056 | -2% | reduced |
| 12 | BN BROOKFIELD CORP CL A LMT VTG S | Financial Services | 1.1% | $50.4m | 1,257,006 | -2% | reduced |
| 13 | PERMIAN BASIN RTY TR | 1.0% | $50.0m | 3,583,742 | -9% | reduced | |
| 14 | ADM ARCHER DANIELS MIDLAND CO | Consumer Defensive | 1.0% | $48.5m | 672,158 | -17% | reduced |
| 15 | HHH HOWARD HUGHES HOLDINGS INC | Real Estate | 1.0% | $48.0m | 561,287 | -3% | reduced |
| 16 | AN AUTONATION INC | Consumer Cyclical | 0.9% | $45.2m | 300,803 | -3% | reduced |
| 17 | CRL CHARLES RIV LABS INTL INC | Healthcare | 0.9% | $43.2m | 182,664 | -15% | reduced |
| 18 | CME CME GROUP INC | Financial Services | 0.9% | $42.3m | 200,730 | -9% | reduced |
| 19 | ASSOCIATED CAP GROUP INC CL A | 0.9% | $40.8m | 1,142,514 | -3% | reduced | |
| 20 | VNOM VIPER ENERGY INC | 0.8% | $38.2m | 1,216,648 | – | new | |
| 21 | LYV LIVE NATION ENTERTAINMENT INC | Communication Services | 0.8% | $37.4m | 399,263 | -4% | reduced |
| 22 | JOE THE SAINT JOE CO | Real Estate | 0.7% | $32.4m | 538,022 | -12% | reduced |
| 23 | PAG PENSKE AUTOMOTIVE GRP INC | Consumer Cyclical | 0.6% | $30.4m | 189,536 | -3% | reduced |
| 24 | DORCHESTER MINERALS LP | 0.6% | $28.9m | 907,133 | -6% | reduced | |
| 25 | BG BUNGE GLOBAL SA | Consumer Defensive | 0.6% | $28.1m | 278,820 | – | new |
| 26 | MRSH MARSH & MCLENNAN COS INC | Financial Services | 0.5% | $25.9m | 136,586 | -24% | reduced |
| 27 | AYS1 SANDSTORM GOLD LTD | 0.5% | $24.2m | 4,808,367 | -12% | reduced | |
| 28 | WFG WEST FRASER TIMBER LTD | Basic Materials | 0.5% | $23.1m | 269,822 | -24% | reduced |
| 29 | IPAR INTER PARFUMS INC | Consumer Defensive | 0.5% | $22.9m | 158,807 | -3% | reduced |
| 30 | WEN WENDYS COMPANY | Consumer Cyclical | 0.5% | $22.0m | 1,131,007 | -3% | reduced |
| 31 | CCJ CAMECO CORP | Energy | 0.4% | $21.4m | 497,432 | -22% | reduced |
| 32 | SITIO ROYALTIES CORP | 0.4% | $21.3m | 906,604 | -26% | reduced | |
| 33 | CCL CARNIVAL CORP PAIREDCTF | Consumer Cyclical | 0.4% | $21.1m | 1,139,668 | -2% | reduced |
| 34 | OSISKO GOLD ROYALTIES LTD | 0.4% | $19.2m | 1,344,413 | -22% | reduced | |
| 35 | TRC TEJON RANCH CO | 0.4% | $18.7m | 1,085,128 | -5% | reduced | |
| 36 | BRK/B BERKSHIRE HATHAWAY INC DEL CL B NEW | 0.3% | $16.6m | 46,601 | -4% | reduced | |
| 37 | NTR NUTRIEN LTD | Basic Materials | 0.3% | $16.3m | 289,882 | -23% | reduced |
| 38 | BAM BROOKFIELD ASSET MANAGMT LTDCL A LMT VTG S | Financial Services | 0.3% | $15.5m | 386,888 | -10% | reduced |
| 39 | RGLD ROYAL GOLD INC | Basic Materials | 0.3% | $15.5m | 127,989 | -3% | reduced |
| 40 | OSK OSHKOSH CORP | Industrials | 0.3% | $14.7m | 135,994 | -1% | reduced |
| 41 | BA BOEING CO | Industrials | 0.3% | $14.5m | 55,514 | -6% | reduced |
| 42 | VUSB VANGUARD BD INDEX FDS | 0.3% | $14.4m | 291,631 | 5% | added | |
| 43 | VGSH VANGUARD SCOTTSDALE FDS | 0.3% | $12.9m | 221,031 | -1% | reduced | |
| 44 | LIBERTY MEDIA CORP DEL | 0.3% | $12.7m | 200,793 | -1% | reduced | |
| 45 | MSTR MICROSTRATEGY INC | Technology | 0.3% | $12.6m | 19,946 | 1% | added |
| 46 | HORZN KNTCS SPAC | 0.2% | $10.7m | 110,356 | 0% | held | |
| 47 | ELS EQUITY LIFESTYLE PPTYS INC | Real Estate | 0.2% | $9.8m | 138,689 | -9% | reduced |
| 48 | MA MASTERCARD INC | Financial Services | 0.2% | $9.3m | 21,856 | -33% | reduced |
| 49 | SPGI S&P GLOBAL INC | Financial Services | 0.2% | $9.2m | 20,787 | -20% | reduced |
| 50 | LIBERTY MEDIA CORP DEL | 0.2% | $8.3m | 143,876 | -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.