Horizon Kinetics 13F holdings, Q4 2024
Holdings as of December 31, 2024 · filings on SEC EDGAR · latest filing →
Horizon Kinetics disclosed 345 US equity positions worth $8.0bn in its Q4 2024 13F filing. The largest position was TPL at 49.7% of the reported book, followed by GBTC and LB. Against the Q3 2024 filing, it opened 2 new positions, added to 22 and reduced 24 among the top 50 holdings.
What did Horizon Kinetics own in Q4 2024? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2024 |
|---|---|---|---|---|---|---|---|
| 1 | TPL TEXAS PACIFIC LAND CORP | Energy | 49.7% | $4.0bn | 3,606,579 | -2% | reduced |
| 2 | GBTC GRAYSCALE BITCOIN | 14.0% | $1.1bn | 15,168,163 | -0% | held | |
| 3 | LB LANDBRIDGE COMPANY LLC | 4.3% | $348.8m | 5,399,275 | 4% | added | |
| 4 | WPM WHEATON PRECIOUS METALS CORP | Basic Materials | 2.1% | $164.9m | 2,931,246 | 6% | added |
| 5 | CACI CACI INTL INC | Technology | 1.8% | $145.3m | 359,495 | -2% | reduced |
| 6 | GRAYSCALE BITCOIN MINI TR ET | 1.6% | $128.3m | 3,064,302 | – | new | |
| 7 | ICE INTERCONTINENTAL EXCHANGE INC | Financial Services | 1.5% | $119.9m | 804,581 | 8% | added |
| 8 | FNV FRANCO NEVADA CORP | Basic Materials | 1.4% | $116.2m | 988,033 | 6% | added |
| 9 | LNG CHENIERE ENERGY INC | Energy | 1.3% | $105.1m | 489,305 | 4% | added |
| 10 | CBOE CBOE GLOBAL MARKETS INC | Financial Services | 1.0% | $81.0m | 414,474 | -1% | reduced |
| 11 | MESABI TR | 1.0% | $79.9m | 2,843,010 | 7% | added | |
| 12 | VNOM VIPER ENERGY INC | 1.0% | $78.0m | 1,589,404 | 20% | added | |
| 13 | BN BROOKFIELD CORP | Financial Services | 0.9% | $70.0m | 1,218,597 | 15% | added |
| 14 | CVEO CIVEO CORP | 0.9% | $69.6m | 3,064,019 | -6% | reduced | |
| 15 | DBRG DIGITALBRIDGE GROUP INC | Financial Services | 0.6% | $50.6m | 4,483,340 | 869% | added |
| 16 | AN AUTONATION INC | Consumer Cyclical | 0.6% | $47.9m | 282,198 | -2% | reduced |
| 17 | MSTR MICROSTRATEGY INC | Technology | 0.6% | $47.9m | 165,315 | -14% | reduced |
| 18 | IBIT ISHARES BITCOIN TRUST | 0.6% | $45.8m | 864,272 | 7% | added | |
| 19 | SAIC SCIENCE APPLICATNS INTL CO | Technology | 0.6% | $45.5m | 406,695 | 1% | added |
| 20 | PERMIAN BASIN RTY TR | 0.5% | $43.7m | 3,946,083 | 7% | added | |
| 21 | LYV LIVE NATION ENTERTAINMENT INC | Communication Services | 0.5% | $42.7m | 329,735 | -7% | reduced |
| 22 | HHH HOWARD HUGHES HOLDINGS INC | Real Estate | 0.4% | $35.3m | 458,597 | -8% | reduced |
| 23 | CCJ CAMECO CORP | Energy | 0.4% | $31.7m | 616,951 | 19% | added |
| 24 | ASSOCIATED CAP GROUP INC | 0.4% | $31.4m | 917,630 | -6% | reduced | |
| 25 | MRSH MARSH & MCLENNAN COS INC | Financial Services | 0.4% | $30.7m | 144,628 | 21% | added |
| 26 | DORCHESTER MINERALS LP | 0.4% | $30.3m | 908,646 | 1% | added | |
| 27 | OSISKO GOLD ROYALTIES LTD | 0.4% | $30.0m | 1,659,922 | 19% | added | |
| 28 | CME CME GROUP INC | Financial Services | 0.4% | $29.2m | 125,853 | -2% | reduced |
| 29 | PAG PENSKE AUTOMOTIVE GRP INC | Consumer Cyclical | 0.3% | $27.9m | 182,966 | 1% | added |
| 30 | ADM ARCHER DANIELS MIDLAND CO | Consumer Defensive | 0.3% | $27.6m | 545,719 | -17% | reduced |
| 31 | CCL CARNIVAL CORP | Consumer Cyclical | 0.3% | $27.0m | 1,084,131 | 0% | held |
| 32 | JOE THE SAINT JOE CO | Real Estate | 0.3% | $25.3m | 564,202 | 8% | added |
| 33 | BG BUNGE GLOBAL SA | Consumer Defensive | 0.3% | $24.8m | 319,121 | 18% | added |
| 34 | WFG WEST FRASER TIMBER LTD | Basic Materials | 0.3% | $24.4m | 281,367 | 19% | added |
| 35 | HE HAWAIIAN ELEC INDUSTRIES | Utilities | 0.3% | $23.2m | 2,379,498 | – | new |
| 36 | AYS1 SANDSTORM GOLD LTD | 0.3% | $21.1m | 3,788,672 | -3% | reduced | |
| 37 | BRK/B BERKSHIRE HATHAWAY INC DEL CL B NEW | 0.2% | $19.8m | 43,600 | -3% | reduced | |
| 38 | WHITE MTNS INS GROUP LTD | 0.2% | $19.6m | 10,089 | 41% | added | |
| 39 | IPAR INTER PARFUMS INC | Consumer Defensive | 0.2% | $19.3m | 147,120 | -3% | reduced |
| 40 | SITIO ROYALTIES CORP | 0.2% | $16.5m | 862,426 | 12% | added | |
| 41 | TRC TEJON RANCH CO | 0.2% | $13.5m | 851,294 | -5% | reduced | |
| 42 | OSK OSHKOSH CORP | Industrials | 0.2% | $13.3m | 140,119 | -1% | reduced |
| 43 | RCL ROYAL CARIBBEAN GROUP | Consumer Cyclical | 0.2% | $13.2m | 57,153 | -1% | reduced |
| 44 | WEN WENDYS COMPANY | Consumer Cyclical | 0.2% | $12.8m | 782,621 | -8% | reduced |
| 45 | BAM BROOKFIELD ASSET MANAGMT LTD | Financial Services | 0.2% | $12.7m | 234,360 | -3% | reduced |
| 46 | VGSH VANGUARD SCOTTSDALE FDS | 0.2% | $12.5m | 215,098 | -4% | reduced | |
| 47 | LISTED FD TR | 0.2% | $12.3m | 125,435 | -3% | reduced | |
| 48 | CRL CHARLES RIV LABS INTL INC | Healthcare | 0.1% | $11.0m | 59,840 | -48% | reduced |
| 49 | MA MASTERCARD INC | Financial Services | 0.1% | $10.2m | 19,291 | -2% | reduced |
| 50 | RBA RB GLOBAL INC | Industrials | 0.1% | $10.0m | 110,630 | -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.