Horizon Kinetics 13F holdings, Q2 2026
Holdings as of June 30, 2026 · filings on SEC EDGAR · this is the latest filing on record
Horizon Kinetics disclosed 350 US equity positions worth $8.8bn in its Q2 2026 13F filing. The largest position was TPL at 48.6% of the reported book, followed by GBTC and LB. Against the Q1 2026 filing, it opened 3 new positions, added to 24 and reduced 22 among the top 50 holdings.
What did Horizon Kinetics own in Q2 2026? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2026 |
|---|---|---|---|---|---|---|---|
| 1 | TPL TEXAS PACIFIC LAND CORPORATI | Energy | 48.6% | $4.3bn | 9,802,899 | -2% | reduced |
| 2 | GBTC GRAYSCALE BITCOIN TRUST ETF | 6.3% | $552.6m | 12,139,990 | -13% | reduced | |
| 3 | LB LANDBRIDGE COMPANY LLC | 5.2% | $461.3m | 5,821,263 | 3% | added | |
| 4 | HE HAWAIIAN ELEC INDS INC MTN B | Utilities | 3.4% | $303.0m | 22,395,397 | 4% | added |
| 5 | MIAMI INTL HLDGS INC | 3.3% | $291.4m | 7,842,173 | 127% | added | |
| 6 | WATERBRIDGE INFRASTRUCTURE L | 3.0% | $262.2m | 7,650,237 | 4% | added | |
| 7 | WPM WHEATON PRECIOUS METALS CORP | Basic Materials | 2.1% | $189.5m | 1,686,903 | -4% | reduced |
| 8 | PERMIAN BASIN RTY TR | 1.9% | $168.5m | 6,729,289 | 5% | added | |
| 9 | FNV FRANCO NEV CORP | Basic Materials | 1.8% | $161.2m | 773,418 | 2% | added |
| 10 | GRAYSCALE BITCOIN MINI TR ET | 1.8% | $157.5m | 6,067,993 | 102% | added | |
| 11 | ICE INTERCONTINENTAL EXCHANGE IN | Financial Services | 1.4% | $121.2m | 984,701 | 17% | added |
| 12 | CBOE CBOE GLOBAL MKTS INC | Financial Services | 1.1% | $100.6m | 414,634 | 1% | added |
| 13 | LNG CHENIERE ENERGY INC | Energy | 1.1% | $96.1m | 402,040 | -4% | reduced |
| 14 | MESABI TR | 0.9% | $81.5m | 3,219,382 | 2% | added | |
| 15 | CVEO CIVEO CORP CDA | 0.9% | $80.2m | 2,290,991 | -3% | reduced | |
| 16 | CACI CACI INTL INC | Technology | 0.8% | $71.2m | 153,743 | -1% | reduced |
| 17 | CCJ CAMECO CORP | Energy | 0.8% | $71.1m | 697,741 | 7% | added |
| 18 | VNOM VIPER ENERGY INC | Energy | 0.8% | $70.1m | 1,652,125 | -1% | reduced |
| 19 | BN BROOKFIELD CORP | Financial Services | 0.8% | $67.6m | 1,587,339 | 1% | added |
| 20 | CME CME GROUP INC | Financial Services | 0.7% | $62.7m | 283,774 | 5% | added |
| 21 | OR OR ROYALTIES INC. | Basic Materials | 0.7% | $60.6m | 1,915,799 | 9% | added |
| 22 | WHITEHAWK MINERALS CORP | 0.5% | $43.2m | 1,552,705 | – | new | |
| 23 | AN AUTONATION INC | Consumer Cyclical | 0.4% | $39.6m | 212,917 | -5% | reduced |
| 24 | TRC TEJON RANCH CO | 0.4% | $37.6m | 2,011,689 | 6% | added | |
| 25 | JOE ST JOE CO | Real Estate | 0.4% | $37.1m | 592,608 | 9% | added |
| 26 | EAGLEROCK LD LLC | 0.4% | $35.8m | 1,684,213 | – | new | |
| 27 | HORIZON KINETICS HLDG CORP COM | 0.4% | $35.5m | 1,075,416 | 0% | held | |
| 28 | GLXY GALAXY DIGITAL INC. | Financial Services | 0.4% | $33.8m | 1,236,051 | -1% | reduced |
| 29 | BG BUNGE GLOBAL SA | Consumer Defensive | 0.3% | $30.3m | 284,079 | -16% | reduced |
| 30 | IBIT ISHARES BITCOIN TRUST ETF | 0.3% | $27.9m | 837,308 | 6% | added | |
| 31 | SII SPROTT INC | Financial Services | 0.3% | $26.1m | 232,217 | 12% | added |
| 32 | WHITE MTNS INS GROUP LTD | 0.3% | $25.3m | 12,206 | -7% | reduced | |
| 33 | PAG PENSKE AUTOMOTIVE GRP INC | Consumer Cyclical | 0.3% | $24.9m | 139,067 | -2% | reduced |
| 34 | RBA RB GLOBAL INC | Industrials | 0.3% | $24.6m | 211,349 | 13% | added |
| 35 | SAN JUAN BASIN RTY TR | 0.3% | $24.1m | 7,494,020 | 7% | added | |
| 36 | MRSH MARSH & MCLENNAN COS INC | Financial Services | 0.3% | $23.3m | 139,983 | -8% | reduced |
| 37 | VUSB VANGUARD BD INDEX FDS | 0.3% | $23.0m | 461,108 | 36% | added | |
| 38 | DORCHESTER MINERALS L P | 0.2% | $21.5m | 852,651 | -1% | reduced | |
| 39 | RPRX ROYALTY PHARMA PLC | Healthcare | 0.2% | $19.3m | 344,861 | 1% | added |
| 40 | BRK/B BERKSHIRE HATHAWAY INC DEL | 0.2% | $18.6m | 37,231 | -2% | reduced | |
| 41 | LYV LIVE NATION ENTERTAINMENT IN | Communication Services | 0.2% | $18.5m | 100,989 | -36% | reduced |
| 42 | TRIPLE FLAG PRECIOUS METAL | 0.2% | $15.2m | 506,677 | 23% | added | |
| 43 | IPAR INTERPARFUMS INC | Consumer Defensive | 0.2% | $14.6m | 130,333 | -6% | reduced |
| 44 | OSK OSHKOSH CORP | Industrials | 0.2% | $13.6m | 88,816 | -23% | reduced |
| 45 | RCL ROYAL CARIBBEAN GROUP | Consumer Cyclical | 0.1% | $12.5m | 39,414 | -24% | reduced |
| 46 | CCL CARNIVAL CORP LTD | Consumer Cyclical | 0.1% | $12.2m | 428,340 | – | new |
| 47 | MSTR STRATEGY INC | Technology | 0.1% | $11.3m | 129,774 | -7% | reduced |
| 48 | TW TRADEWEB MKTS INC | Financial Services | 0.1% | $9.7m | 97,740 | 1750% | added |
| 49 | WMB WILLIAMS COS INC | Energy | 0.1% | $9.6m | 128,678 | -7% | reduced |
| 50 | MSGS MADISON SQUARE GRDN SPRT COR | Communication Services | 0.1% | $9.3m | 23,221 | -1% | 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.