Horizon Kinetics Asset Management LLC Top Holdings and 13F Report (2026)

About Horizon Kinetics Asset Management LLC

Investment Activity

Horizon Kinetics Asset Management LLC has $9.23 billion in total holdings as of March 31, 2026.
Horizon Kinetics Asset Management LLC owns shares of 353 different stocks, but just 12 companies or ETFs make up 80% of its holdings.
Approximately 1.91% of the portfolio was purchased this quarter.
About 4.61% of the portfolio was sold this quarter.
This quarter, Horizon Kinetics Asset Management LLC has purchased 324 new stocks and bought additional shares in 88 stocks.
Horizon Kinetics Asset Management LLC sold shares of 151 stocks and completely divested from 15 stocks this quarter.

Largest Holdings

Texas Pacific Land: $4,752,898,409
GRAYSCALE BITCOIN TRUST ETF: $738,897,574
LANDBRIDGE COMPANY LLC: $390,625,134
Hawaiian Electric Industries: $321,067,763
Wheaton Precious Metals: $230,776,606

Largest New Holdings this Quarter

02072L565 - Alpha Architect 1-3 Month Box ETF: $5,520,868 Holding
20848D105 - CONSENSUS MINING & SEIGNIORAGE CORP COM: $4,279,418 Holding
726503105 - PLAINS ALL AMERN PIPELINE L: $2,014,367 Holding
443510607 - Hubbell: $1,733,294 Holding
370334104 - General Mills: $1,119,950 Holding

Largest Purchases this Quarter

MIAMI INTL HLDGS INC: 1,631,751 shares (about $63.51M)
Hawaiian Electric Industries: 2,242,931 shares (about $33.29M)
WATERBRIDGE INFRASTRUCTURE L: 504,627 shares (about $13.52M)
RB Global: 79,104 shares (about $7.58M)
Alpha Architect 1-3 Month Box ETF: 47,475 shares (about $5.52M)

Largest Sales this Quarter

Texas Pacific Land: 318,383 shares (about $151.09M)
Wheaton Precious Metals: 731,999 shares (about $95.90M)
Franco-Nevada: 210,804 shares (about $52.08M)
DigitalBridge Group: 2,107,153 shares (about $32.49M)
CHENIERE ENERGY INC: 43,001 shares (about $12.20M)

Sector Allocation Over Time

Selling

Neutral

Buying

Latest 13F Holdings and Changes Since Previous Quarterly Filing

Issuer Name	Holdings Value	Approximate Purchase/Sale	Change in Shares	Shares Held	% of Portfolio	Sector
TPL Texas Pacific Land	$4,752,898,409	$151,091,841 â–¼	-3.1%	10,015,379	51.5%	Energy
GRAYSCALE BITCOIN TRUST ETF	$738,897,574	$5,735,592 â–¼	-0.8%	14,004,882	8.0%	SHS REP COM UT
LANDBRIDGE COMPANY LLC	$390,625,134	$992,110 â–²	0.3%	5,657,134	4.2%	CL A
HE Hawaiian Electric Industries	$321,067,763	$33,285,096 â–²	11.6%	21,635,294	3.5%	Utilities
WPM Wheaton Precious Metals	$230,776,606	$95,899,190 â–¼	-29.4%	1,761,519	2.5%	Basic Materials
WATERBRIDGE INFRASTRUCTURE L	$196,696,106	$13,518,956 â–²	7.4%	7,342,147	2.1%	CL A SHS REPSTG
FNV Franco-Nevada	$187,090,315	$52,079,154 â–¼	-21.8%	757,297	2.0%	Basic Materials
PBT Permian Basin Royalty Trust	$137,290,964	$4,129,516 â–²	3.1%	6,379,692	1.5%	Energy
MIAMI INTL HLDGS INC	$134,334,287	$63,507,749 â–²	89.7%	3,451,549	1.5%	COM
ICE Intercontinental Exchange	$131,942,006	$1,279,158 â–²	1.0%	838,899	1.4%	Finance
CHENIERE ENERGY INC	$119,272,365	$12,201,973 â–¼	-9.3%	420,328	1.3%	COM NEW
CBOE Cboe Global Markets	$115,257,172	$468,824 â–²	0.4%	410,066	1.2%	Financial Services
MSB Mesabi Trust	$98,940,608	$3,568,131 â–²	3.7%	3,140,972	1.1%	Basic Materials
GRAYSCALE BITCOIN MINI TR ET	$90,102,437	$220,606 â–²	0.2%	3,004,416	1.0%	SHS NEW
CACI CACI International	$84,108,408	$2,144,479 â–¼	-2.5%	154,648	0.9%	Computer and Technology
CME CME Group	$79,819,165	$1,582,484 â–¼	-1.9%	270,253	0.9%	Finance
VIPER ENERGY INC	$78,127,514	$2,455,839 â–¼	-3.0%	1,662,641	0.8%	CL A
CCJ Cameco	$70,794,673	$2,418,852 â–¼	-3.3%	651,825	0.8%	Basic Materials
OR ROYALTIES INC.	$66,692,548	$2,314,657 â–¼	-3.4%	1,754,144	0.7%	COM SHS
BN Brookfield	$63,616,256	$476,494 â–¼	-0.7%	1,571,936	0.7%	Finance
CVEO Civeo	$62,243,260	$2,570,166 â–¼	-4.0%	2,352,353	0.7%	Consumer Discretionary
AN AutoNation	$43,943,880	$6,136,245 â–¼	-12.3%	225,053	0.5%	Retail/Wholesale
BUNGE GLOBAL SA	$42,859,312	$1,532,761 â–¼	-3.5%	336,944	0.5%	COM SHS
TRC Tejon Ranch	$35,845,097	$187,778 â–¼	-0.5%	1,902,606	0.4%	Finance
HORIZON KINETICS HLDG CORP COM	$35,488,728	$3,399 â–²	0.0%	1,075,416	0.4%	COM
JOE St. Joe	$34,075,817	$767,918 â–¼	-2.2%	542,609	0.4%	Finance
SJT San Juan Basin Royalty Trust	$33,568,225	$3,596,423 â–²	12.0%	6,978,841	0.4%	Energy
ISHARES BITCOIN TRUST ETF	$30,480,238	$135,238 â–¼	-0.4%	793,343	0.3%	SHS BEN INT
SII Sprott	$29,579,833	$1,090,183 â–¼	-3.6%	206,997	0.3%	Finance
WTM White Mountains Insurance Group	$28,806,544	$19,773 â–¼	-0.1%	13,112	0.3%	Finance
MARSH & MCLENNAN COS INC	$26,250,011	$926,914 â–¼	-3.4%	151,341	0.3%	COM
CCL Carnival	$24,784,070	$2,717 â–²	0.0%	957,653	0.3%	Consumer Discretionary
LYV Live Nation Entertainment	$23,969,844	$1,939,165 â–¼	-7.5%	157,169	0.3%	Consumer Discretionary
DMLP Dorchester Minerals	$23,312,122	$418,316 â–¼	-1.8%	860,226	0.3%	Energy
GALAXY DIGITAL INC.	$23,080,378	$26,107 â–²	0.1%	1,250,969	0.3%	CL A
PAG Penske Automotive Group	$21,307,615	$4,091,908 â–¼	-16.1%	142,507	0.2%	Retail/Wholesale
BRK.B Berkshire Hathaway	$18,225,413	$21,564 â–²	0.1%	38,033	0.2%	Finance
RBA RB Global	$17,898,187	$7,582,127 â–²	73.5%	186,731	0.2%	Business Services
MSTR Strategy	$17,378,774	$15,475 â–¼	-0.1%	139,253	0.2%	Computer and Technology
OSK Oshkosh	$17,045,371	$59,473 â–¼	-0.3%	115,789	0.2%	Auto/Tires/Trucks
VUSB Vanguard Ultra-Short Bond ETF	$16,879,803	$173,650 â–¼	-1.0%	339,054	0.2%	ETF
RPRX Royalty Pharma	$16,347,364	$603,367 â–¼	-3.6%	340,783	0.2%	Medical
DBRG DigitalBridge Group	$14,485,237	$32,492,293 â–¼	-69.2%	939,380	0.2%	Finance
TFPM Triple Flag Precious Metals	$14,350,158	$412,112 â–¼	-2.8%	413,430	0.2%	Basic Materials
RCL Royal Caribbean Cruises	$14,226,293	$291,692 â–¼	-2.0%	51,698	0.2%	Consumer Discretionary
IPAR Interparfums	$12,566,130	$20,439 â–¼	-0.2%	138,333	0.1%	Consumer Discretionary
HOWARD HUGHES HOLDINGS INC	$12,424,897	$6,133,057 â–¼	-33.0%	196,410	0.1%	COM
RGLD Royal Gold	$11,997,075	$12,147,732 â–¼	-50.3%	47,142	0.1%	Basic Materials
WMB Williams Companies	$10,065,553	$71,324 â–²	0.7%	138,301	0.1%	Energy
MA Mastercard	$9,751,136	$31,478 â–¼	-0.3%	19,516	0.1%	Business Services
BAM Brookfield Asset Management	$8,426,453	$40,094 â–¼	-0.5%	189,571	0.1%	Finance
SBR Sabine Royalty Trust	$8,374,027	$125,290 â–²	1.5%	111,150	0.1%	Energy
LBRT Liberty Energy	$8,300,794	$1,569,283 â–¼	-15.9%	288,222	0.1%	Energy
AB AllianceBernstein	$8,141,216	$887,553 â–²	12.2%	217,447	0.1%	Finance
ET Energy Transfer	$7,695,061	$753,858 â–²	10.9%	398,708	0.1%	Energy
MSGS Madison Square Garden	$7,503,726	$964 â–²	0.0%	23,347	0.1%	Consumer Discretionary
NRP Natural Resource Partners	$7,002,391	$3,993,726 â–²	132.7%	57,871	0.1%	Energy
WES Western Midstream Partners	$6,988,360	$1,468,081 â–²	26.6%	169,744	0.1%	Energy
FWONK Liberty Media Corporation - Liberty Formula One Series C	$6,885,770	$53,308 â–¼	-0.8%	80,990	0.1%	Consumer Discretionary
XOM ExxonMobil	$6,734,145	$188,662 â–²	2.9%	39,692	0.1%	Energy
SPAQ Horizon Kinetics SPAC Active ETF	$6,528,142		0.0%	71,954	0.1%	ETF
NDAQ Nasdaq	$6,002,273	$9,847 â–¼	-0.2%	70,706	0.1%	Finance
VGSH Vanguard Short-Term Treasury ETF	$5,780,708	$663,727 â–¼	-10.3%	98,748	0.1%	ETF
AMLP Alerian MLP ETF	$5,607,213	$2,432,652 â–²	76.6%	106,520	0.1%	ETF
BOXX Alpha Architect 1-3 Month Box ETF	$5,520,868	$5,520,868 â–²	New Holding	47,475	0.1%	ETF
SPHR Sphere Entertainment	$5,429,985	$142,171 â–¼	-2.6%	46,252	0.1%	Consumer Discretionary
FCX Freeport-McMoRan	$5,400,765	$72,476 â–¼	-1.3%	91,881	0.1%	Basic Materials
INFL Horizon Kinetics Inflation Beneficiaries ETF	$5,224,309	$71,426 â–²	1.4%	100,352	0.1%	ETF
LISTED FDS TR	$5,158,854	$1,029,393 â–²	24.9%	227,765	0.1%	HORIZON KINETICS
BCDF Horizon Kinetics Blockchain Development ETF	$5,104,034	$309,061 â–²	6.4%	166,055	0.1%	ETF
GRAYSCALE BITCOIN CASH TRUST BCH	$4,982,257	$1,306 â–²	0.0%	1,487,241	0.1%	TRUST BCH
SCIENCE APPLICATIONS INTL CO	$4,801,149	$197,529 â–¼	-4.0%	50,581	0.1%	COM
EPD Enterprise Products Partners	$4,344,789	$104,325 â–²	2.5%	114,820	0.0%	Energy
ADM Archer Daniels Midland	$4,311,394	$64,694 â–¼	-1.5%	59,312	0.0%	Consumer Staples
CONSENSUS MINING & SEIGNIORAGE CORP COM	$4,279,418	$4,279,418 â–²	New Holding	164,593	0.0%	COM
ABBV AbbVie	$4,177,765	$72,207 â–¼	-1.7%	19,209	0.0%	Medical
MKL Markel Group	$4,022,426		0.0%	2,102	0.0%	Multi-Sector Conglomerates
TPH Tri Pointe Homes	$4,017,191	$187 â–²	0.0%	85,966	0.0%	Construction
NTR Nutrien	$3,865,365	$48,898 â–¼	-1.2%	51,224	0.0%	Basic Materials
JNJ Johnson & Johnson	$3,839,969	$58,667 â–¼	-1.5%	15,709	0.0%	Medical
CMRE Costamare	$3,749,265	$1,690 â–¼	0.0%	221,850	0.0%	Transportation
SU Suncor Energy	$3,717,828	$96,521 â–²	2.7%	56,237	0.0%	Energy
LLY Eli Lilly and Company	$3,646,888	$129,688 â–¼	-3.4%	3,965	0.0%	Medical
BR Broadridge Financial Solutions	$3,603,156	$284,827 â–²	8.6%	22,176	0.0%	Computer and Technology
MRK Merck & Co., Inc.	$3,414,189	$28,388 â–²	0.8%	28,383	0.0%	Medical
NEA Nuveen AMT-Free Quality Municipal Income Fund	$3,327,516	$11,870 â–²	0.4%	296,306	0.0%	Financial Services
PM Philip Morris International	$3,262,820	$19,345 â–¼	-0.6%	19,734	0.0%	Consumer Staples
EXP Eagle Materials	$3,195,158	$23,114 â–²	0.7%	16,865	0.0%	Construction
KLAC KLA	$3,177,461	$1,011,546 â–¼	-24.1%	2,158	0.0%	Computer and Technology
LHX L3Harris Technologies	$3,159,277	$81,113 â–¼	-2.5%	9,153	0.0%	Aerospace
FERMI INC	$3,109,368	$2,474,554 â–²	389.8%	532,426	0.0%	COM
RENN FD INC	$2,991,570	$151,260 â–²	5.3%	912,064	0.0%	COM
CAT Caterpillar	$2,916,730	$354,230 â–¼	-10.8%	4,117	0.0%	Industrials
CSCO Cisco Systems	$2,908,927	$112,506 â–¼	-3.7%	37,491	0.0%	Computer and Technology
CVX Chevron	$2,900,324	$142,761 â–²	5.2%	14,018	0.0%	Energy
ARLP Alliance Resource Partners	$2,895,204	$1,121,705 â–²	63.2%	104,709	0.0%	Energy
PTEN Patterson-UTI Energy	$2,800,725		0.0%	258,608	0.0%	Energy
VRT Vertiv	$2,762,645		0.0%	11,025	0.0%	Computer and Technology
BMY Bristol Myers Squibb	$2,711,419	$24,503 â–¼	-0.9%	44,706	0.0%	Medical
EQT EQT	$2,706,062	$80,696 â–²	3.1%	42,521	0.0%	Energy

Showing largest 100 holdings. View all holdings.

More Institutional Buying and Selling Information

SEC Filings and Trading Data

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Horizon Kinetics Asset Management LLC Top Holdings and 13F Report (2026)

About Horizon Kinetics Asset Management LLC

Investment Activity

Largest Holdings

Largest New Holdings this Quarter

Largest Purchases this Quarter

Largest Sales this Quarter

Sector Allocation Over Time

Latest 13F Holdings and Changes Since Previous Quarterly Filing

More Institutional Buying and Selling Information

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Horizon Kinetics Asset Management LLC Top Holdings and 13F Report (2026)

About Horizon Kinetics Asset Management LLC

Investment Activity

Largest Holdings

Largest New Holdings this Quarter

Largest Purchases this Quarter

Largest Sales this Quarter

Sector Allocation Over Time

Map of 500 Largest Holdings ofHorizon Kinetics Asset Management LLC

Latest 13F Holdings and Changes Since Previous Quarterly Filing

More Institutional Buying and Selling Information

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools