Managers / Q1 2026
HORIZON KINETICS ASSET MANAGEMENT LLC
CIK 0001056823 · 470 PARK AVENUE SOUTH, 4TH FLOOR SOUTH, NEW YORK, NY, 10016 · 646-495-7347
Reported Value
$9.2B
Q1 2026
Positions
353
Filings on Record
16
2019–present window
Filed
May 15, 2026
original filing
Summary
Horizon Kinetics Asset Management Llc reported $9.2B in U.S.-listed holdings across 353 positions for Q1 2026.
The portfolio is heavily concentrated: TPL alone accounts for 51.5% of reported value.
Compared with Q4 2025, the fund opened 44 new positions and exited 15.
Reported Value by Quarter
13F Reported Value
Portfolio Composition
By security type
- Common Stock · 84.3% · $7.8B
- ETP · 10.1% · $933M
- Royalty Trst · 3.0% · $278M
- Other · 1.2% · $114M
- MLP · 0.7% · $65M
- Other · 0.6% · $57M
Quarter-over-Quarter Changes full breakdown →
Holdings — Q1 2026
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $9.2B | 353 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $7.4B | 324 | Feb 11, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $8.2B | 336 | Nov 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $8.4B | 352 | Aug 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $8.8B | 347 | May 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $8.0B | 349 | Feb 10, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $6.7B | 346 | Nov 13, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $5.7B | 324 | Aug 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $5.3B | 323 | May 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $4.8B | 325 | Feb 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $5.0B | 331 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $4.6B | 334 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $5.2B | 334 | May 12, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $6.06T | 324 | Feb 9, 2023 | RESTATEMENT | changes · EDGAR ↗ |
| Q3 2022 | $5.0B | 329 | Nov 15, 2022 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.