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 TPL

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Shares Held

Position Value (USD)

21 of 21 shown
Report Date Value (USD) Shares
2026-03-31 $4,752,898,258 10,015,379
2025-12-31 $2,968,063,121 10,333,762
2025-09-30 $1,090,706,762 3,504,692
2025-06-30 $1,259,755,991 3,577,531
2025-03-31 $1,587,819,313 3,595,090
2024-12-31 $1,329,577,250 3,606,579
2024-09-30 $1,089,517,373 3,694,365
2024-06-30 $904,235,760 3,694,427
2024-03-31 $728,225,235 3,776,383
2023-12-31 $233,902,855 1,338,755
2023-09-30 $279,707,996 1,380,471
2023-06-30 $205,354,576 1,403,867
2023-03-31 $268,219,070 1,419,132
2022-12-31 $373,325,920 1,433,278
2022-09-30 $294,149,139 1,489,589
2022-06-30 $248,941,679 1,505,675
2022-03-31 $227,830,919 1,516,502
2021-12-31 $210,567,063 1,517,455
2021-09-30 $206,814,349 1,539,103
2021-06-30 $275,034,250 1,547,319
2021-03-31 $275,136,285 1,557,934