HORIZON KINETICS ASSET MANAGEMENT LLC

CIK
1056823
City
NEW YORK
State / Country
NY

Top Portfolio Positions

302 positions · $9,100,904,872 total · as of Mar 31, 2026
Ticker Company Shares Value (USD) % of Portfolio
TPL
Texas Pacific Land Corp
Energy
10,015,379 $4,752,898,258 52.22%
GBTC
Grayscale Bitcoin Trust ETF
14,004,882 $738,897,574 8.12%
LB
LandBridge Co LLC
Energy
5,657,134 $390,625,102 4.29%
HE
Hawaiian Electric Industries Inc
Utilities
21,635,294 $321,067,762 3.53%
WPM
Wheaton Precious Metals Corp.
Basic Materials
1,761,519 $230,776,604 2.54%
WBI
WaterBridge Infrastructure LLC
Energy
7,342,147 $196,696,118 2.16%
FNV
FRANCO NEVADA Corp
Basic Materials
757,297 $187,090,223 2.06%
PBT
Permian Basin Royalty Trust
Energy
6,379,692 $137,290,971 1.51%
MIAX
Miami International Holdings, Inc.
Financial Services
3,451,549 $134,334,287 1.48%
ICE
Intercontinental Exchange, Inc.
Financial Services
838,899 $131,942,034 1.45%

Portfolio Trend

25 quarters · across all stocks

Holdings in EFR

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Shares Held

Position Value (USD)

25 of 25 shown
Report Date Value (USD) Shares
2026-03-31 $210,810 20,001
2025-12-31 $222,811 20,001
2025-09-30 $228,811 20,001
2025-06-30 $336,948 27,801
2025-03-31 $340,562 27,801
2024-12-31 $355,852 27,801
2024-09-30 $354,462 27,801
2024-06-30 $261,613 20,001
2024-03-31 $260,613 20,001
2023-12-31 $253,212 20,001
2023-09-30 $242,212 20,001
2023-06-30 $235,011 20,001
2023-03-31 $226,611 20,001
2022-12-31 $218,810 20,001
2022-09-30 $222,211 20,001
2022-06-30 $245,412 20,001
2022-03-31 $268,213 20,001
2021-12-31 $295,214 20,001
2021-09-30 $292,214 20,001
2021-06-30 $283,014 20,001
2021-03-31 $275,813 20,001
2020-12-31 $254,612 20,001
2020-09-30 $232,611 20,001
2020-06-30 $226,411 20,001
2020-03-31 $197,609 20,001