Horizon Kinetics Asset Management LLC

Investment Portfolio & 13F Holdings Analysis

About

HORIZON KINETICS ASSET MANAGEMENT LLC is an institutional investment manager that filed its latest Form 13F for 2025Q1, reporting 347 holdings worth $8.8 billion. Form 13F filings provide transparency into the equity holdings of institutional investment managers with over $100 million in assets under management. This page displays the most recent portfolio holdings, allowing investors to track position changes, new investments, and portfolio composition.

Filing Details

13F-HR • 2025-03-31

SEC FilingSEC DataHachi Filing

Report Date: 2025-03-31
Filing Date: 2025-05-15
Total Holdings: 347
Total Value: 8814785591
Accession Number: 0001056823-25-000010
Form Type: 13F-HR
CIK: 0001056823
Manager Name: Horizon Kinetics Asset Management LLC

Data Enrichment

89% identified

309 identified38 unidentified

Holdings

SEC FilingSEC DataHachi Filing

Manager:

347 positions • $8,814,785.591K total value

347 positions

Manager:

SEC FilingSEC DataHachi Filing

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Texas Pacific Land Corp

TPL|88262P102

3595090(-0.3%)

Value:

$4.8T(+19.4%)

389637109

14696513(-3.1%)

Value:

$957.8B(-14.7%)

LandBridge Co LLC

LB|514952100

5486957(+1.6%)

Value:

$394.7B(+13.2%)

Wheaton Precious Metals Corp.

WPM|962879102

2956694(+0.9%)

Value:

$229.5B(+39.2%)

FRANCO NEVADA Corp

FNV|351858105

1016774(+2.9%)

Value:

$160.2B(+37.9%)

Intercontinental Exchange, Inc.

ICE|45866F104

818261(+1.7%)

Value:

$141.2B(+17.7%)

HAWAIIAN ELECTRIC INDUSTRIES INC

HE|419870100

12657000(+431.9%)

Value:

$138.6B(+498.6%)

Cheniere Energy, Inc.

LNG|16411R208

Value:

$112.0B(+6.5%)

389930207

3060636(-0.1%)

Value:

$111.7B(-12.9%)

Cboe Global Markets, Inc.

CBOE|12503M108

418256(+0.9%)

Value:

$94.6B(+16.9%)

MESABI TRUST

MSB|590672101

2901695(+2.1%)

Value:

$78.9B(-1.2%)

Viper Energy, Inc.

VNOM|927959106

1612439(+1.4%)

Value:

$72.8B(-6.7%)

CACI INTERNATIONAL INC /DE/

CACI|127190304

189652(-47.2%)

Value:

$69.6B(-52.1%)

17878Y207

2971543(-3.0%)

Value:

$68.3B(-1.8%)

BROOKFIELD Corp /ON/

BN.TO|11271J107

1210885(-0.6%)

Value:

$63.5B(-9.3%)

Aris Water Solutions, Inc.

ARIS|04041L106

1464286(+538.6%)

Value:

$46.9B(+754.3%)

MICROSTRATEGY Inc

MSTR|594972408

161495(-2.3%)

Value:

$46.6B(-2.8%)

AUTONATION, INC.

AN|05329W102

280493(-0.6%)

Value:

$45.4B(-5.2%)

Live Nation Entertainment, Inc.

LYV|538034109

325976(-1.1%)

Value:

$42.6B(-0.3%)

PERMIAN BASIN ROYALTY TRUST

PBT|714236106

4134327(+4.8%)

Value:

$41.0B(-6.3%)

Instrument	Shares		Other Manager	Value
Texas Pacific Land Corp(TPLcusip88262P102)	3.6M	QoQ -0.31% (-11.5K) YoY -4.80% (-181.3K)	All Managers (Combined)	$4.8B	QoQ +19.42% (-$774.7M) YoY +118.03% (-$2578.8M)
(cusip389637109)✕	14.7M	QoQ -3.10% (-471.6K) YoY -1.85% (-277.7K)	All Managers (Combined)	$957.8M	QoQ -14.69% (-$165.0M) YoY +1.25% (-$11.9M)
Landbridge Co Llc(LBcusip514952100)	5.5M	QoQ +1.62% (+87.7K) YoY NEW(+5.5M)	All Managers (Combined)	$394.7M	QoQ +13.17% (+$45.9M) YoY NEW(+$394.7M)
Wheaton Precious Metals Corp.(WPMcusip962879102)	3.0M	QoQ +0.86% (+25.4K) YoY +10.11% (+271.7K)	All Managers (Combined)	$229.5M	QoQ +39.23% (+$64.7M) YoY +81.38% (+$103.0M)
Franco Nevada Corp(FNVcusip351858105)	1.0M	QoQ +2.90% (+28.7K) YoY +13.30% (+119.4K)	All Managers (Combined)	$160.2M	QoQ +37.88% (+$44.0M) YoY +49.82% (+$53.3M)
Intercontinental Exchange, Inc.(ICEcusip45866F104)	818.3K	QoQ +1.70% (+13.7K) YoY +12.31% (+89.7K)	All Managers (Combined)	$141.2M	QoQ +17.73% (+$21.3M) YoY +40.97% (+$41.0M)
Hawaiian Electric Industries Inc(HEcusip419870100)	12.7M	QoQ +431.91% (+10.3M) YoY NEW(+12.7M)	All Managers (Combined)	$138.6M	QoQ +498.61% (+$115.4M) YoY NEW(+$138.6M)
Cheniere Energy, Inc.(LNGcusip16411R208)	—	QoQ - YoY -	All Managers (Combined)	$112.0M	QoQ +6.54% (+$6.9M) YoY +51.46% (+$38.1M)
(cusip389930207)✕	3.1M	QoQ -0.11% (-3.7K) YoY NEW(+3.1M)	All Managers (Combined)	$111.7M	QoQ -12.95% (-$16.6M) YoY NEW(+$111.7M)
Cboe Global Markets, Inc.(CBOEcusip12503M108)	418.3K	QoQ +0.91% (+3.8K) YoY +2.86% (+11.6K)	All Managers (Combined)	$94.6M	QoQ +16.86% (+$13.7M) YoY +26.69% (+$19.9M)
Mesabi Trust(MSBcusip590672101)	2.9M	QoQ +2.06% (-58.7K) YoY +11.56% (+300.7K)	All Managers (Combined)	$78.9M	QoQ -1.23% (-$990.9K) YoY +71.43% (+$32.9M)
Viper Energy, Inc.(VNOMcusip927959106)	1.6M	QoQ +1.44% (-23.0K) YoY +38.65% (+449.5K)	All Managers (Combined)	$72.8M	QoQ -6.65% (-$5.2M) YoY +62.77% (+$28.1M)
Caci International Inc /De/(CACIcusip127190304)	189.7K	QoQ -47.24% (-169.8K) YoY -48.89% (-181.5K)	All Managers (Combined)	$69.6M	QoQ -52.09% (-$75.7M) YoY -50.50% (-$71.0M)
(cusip17878Y207)✕	3.0M	QoQ -3.01% (-92.5K) YoY -10.46% (-347.4K)	All Managers (Combined)	$68.3M	QoQ -1.82% (-$1.3M) YoY -23.30% (-$20.8M)
Brookfield Corp /On/(BN.TOcusip11271J107)	1.2M	QoQ -0.63% (-7.7K) YoY -0.98% (-12.1K)	All Managers (Combined)	$63.5M	QoQ -9.35% (-$6.5M) YoY +23.93% (-$12.3M)
Aris Water Solutions, Inc.(ARIScusip04041L106)	1.5M	QoQ +538.56% (+1.2M) YoY NEW(+1.5M)	All Managers (Combined)	$46.9M	QoQ +754.26% (+$41.4M) YoY NEW(+$46.9M)
Microstrategy Inc(MSTRcusip594972408)	161.5K	QoQ -2.31% (-3.8K) YoY +751.40% (+142.5K)	All Managers (Combined)	$46.6M	QoQ -2.76% (-$1.3M) YoY +43.98% (+$14.2M)
Autonation, Inc.(ANcusip05329W102)	280.5K	QoQ -0.60% (-1.7K) YoY -4.30% (-12.6K)	All Managers (Combined)	$45.4M	QoQ -5.23% (-$2.5M) YoY -6.42% (-$3.1M)
Live Nation Entertainment, Inc.(LYVcusip538034109)	326.0K	QoQ -1.14% (-3.8K) YoY -14.67% (-56.1K)	All Managers (Combined)	$42.6M	QoQ -0.31% (-$134.7K) YoY +5.33% (-$2.2M)
Permian Basin Royalty Trust(PBTcusip714236106)	4.1M	QoQ +4.77% (-188.2K) YoY +16.62% (-589.3K)	All Managers (Combined)	$41.0M	QoQ -6.29% (-$2.8M) YoY -4.48% (-$1.9M)