13F Insight
DOSSIER · 13F-HR · Q1 2026

HORIZON KINETICS ASSET MANAGEMENT LLC

$9.2B in tracked AUM across 353 positions as of Q1 2026.

HK
CIK 0001056823 · last filed Mar 31, 2026
Total AUM
$9.2B
as of Q1 2026
Holdings
353
—
positions
Whale Score
73
73
strong
Activity
—
no data
changes this Q
AI Analysis · Q1 2026

HORIZON KINETICS ASSET MANAGEMENT LLC reported $9.2B in 13F holdings for the quarter ending 2026-03-31, concentrated in financial services with leading positions in TPL, GBTC, LB. Notable moves this quarter: LB INCREASED (+$114.2M); HE INCREASED (+$82.5M). 1 new positions initiated, 1 closed out, reflecting 51 total changes from the prior quarter.

HORIZON KINETICS ASSET MANAGEMENT LLC entered 2026-03-31 with $9.2B in reported 13F holdings, placing it among the institution's recent AUM range. The portfolio maintains a financial services tilt, with the top five positions accounting for a meaningful share of the overall book.

Top Holdings

Quarter at a glance — Q1 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q1 2026.

#HoldingValueSharesWeight
01
TPL
TEXAS PACIFIC LAND CORPORATI
$4.8B10.0M51.5%02
GBTC
GRAYSCALE BITCOIN TRUST ETF
$739M14.0M8.0%03
LB
LANDBRIDGE COMPANY LLC
$391M5.7M4.2%04
HE
HAWAIIAN ELEC INDS INC MTN B
$321M21.6M3.5%05
WPM
WHEATON PRECIOUS METALS CORP
$231M1.8M2.5%06
WBI
WATERBRIDGE INFRASTRUCTURE L
$197M7.3M2.1%07
FNV
FRANCO NEV CORP
$187M757K2.0%08
PBT
PERMIAN BASIN RTY TR
$137M6.4M1.5%09
MIAX
MIAMI INTL HLDGS INC
$134M3.5M1.5%10
ICE
INTERCONTINENTAL EXCHANGE IN
$132M839K1.4%

Filing history

2026Q1Mar 31
$9.2B▲ 24.8%
353 positionsView →2025Q4Dec 31
$7.4B▼ 9.9%
324 positionsView →2025Q3Sep 30
$8.2B▼ 2.7%
336 positionsView →2025Q2Jun 30
$8.4B▼ 4.3%
352 positionsLocked2025Q1Mar 31
$8.8B▲ 9.7%
347 positionsLocked2024Q4Dec 31
$8.0B▲ 20.2%
349 positionsLocked2024Q3Sep 30
$6.7B▲ 16.8%
346 positionsLocked2024Q2Jun 30
$5.7B▲ 8.2%
324 positionsLocked2024Q1Mar 31
$5.3B▲ 10.7%
323 positionsLocked2023Q4Dec 31
$4.8B▼ 5.4%
325 positionsLocked2023Q3Sep 30
$5.0B▲ 8.7%
331 positionsLocked2023Q2Jun 30
$4.6B▼ 10.8%
334 positionsLocked
Showing 12 of 27