HORIZON KINETICS ASSET MANAGEMENT LLC Q3 2025 Filing

Filed November 14, 2025

Portfolio Value

$8.2B

Holdings

336

Report Date

Q3 2025

Filing Type

13F-HR

All Holdings (336 positions)

StockValue
TPLTEXAS PACIFIC LAND CORPORATI
$3.3B
GBTCGRAYSCALE BITCOIN TRUST ETF
$1.3B
WPMWHEATON PRECIOUS METALS CORP
$312.3M
LBLANDBRIDGE COMPANY LLC
$300.5M
FNVFRANCO NEV CORP
$225.7M
HEHAWAIIAN ELEC INDUSTRIES
$201.6M
WBIWATERBRIDGE INFRASTRUCTURE L
$160.3M
BTCGRAYSCALE BITCOIN MINI TR ET
$151.9M
ICEINTERCONTINENTAL EXCHANGE IN
$140.0M
PBTPERMIAN BASIN RTY TR
$111.3M
LNGCHENIERE ENERGY INC
$111.1M
CBOECBOE GLOBAL MKTS INC
$100.4M
MSBMESABI TR
$87.8M
CA8ACACI INTL INC
$80.1M
BNBROOKFIELD CORP
$75.4M
CMECME GROUP INC
$74.8M
OROR ROYALTIES INC.
$73.1M
VNOMVIPER ENERGY INC
$65.8M
CVEOCIVEO CORP CDA
$61.9M
ANAUTONATION INC
$56.7M
CCOCAMECO CORP
$56.7M
MIAXMIAMI INTL HLDGS INC
$55.7M
IBITISHARES BITCOIN TRUST ETF
$53.7M
MIGASTRATEGY INC
$44.6M
GLXYGALAXY DIGITAL INC.
$42.4M
HKHCHORIZON KINETICS HLDG CORP
$40.5M
DBRGDIGITALBRIDGE GROUP INC
$38.5M
SJTSAN JUAN BASIN RTY TR
$33.9M
MRSHMARSH & MCLENNAN COS INC
$31.7M
TRCTEJON RANCH CO
$30.6M
PAGPENSKE AUTOMOTIVE GRP INC
$29.7M
BGBUNGE GLOBAL SA
$28.4M
LYVLIVE NATION ENTERTAINMENT IN
$28.1M
CCLCARNIVAL CORP
$27.8M
JOEST JOE CO
$27.5M
ACGPASSOCIATED CAP GROUP INC
$27.0M
HHHHOWARD HUGHES HOLDINGS INC
$25.2M
DMLPDORCHESTER MINERALS LP
$22.9M
WTMWHITE MTNS INS GROUP LTD
$21.9M
BRK/BBERKSHIRE HATHAWAY INC DEL
$20.3M
WFGWEST FRASER TIMBER CO LTD
$20.1M
SIISPROTT INC
$17.9M
RCLROYAL CARIBBEAN GROUP
$17.5M
AYS1SANDSTORM GOLD LTD
$16.0M
OSKOSHKOSH CORP
$15.1M
IPARINTERPARFUMS INC
$13.7M
VUSBVANGUARD BD INDEX FDS
$13.2M
RGLDROYAL GOLD INC
$12.8M
RPRXROYALTY PHARMA PLC
$12.5M
RBARB GLOBAL INC
$11.9M
MAMASTERCARD INCORPORATED
$11.2M
BKKTBAKKT HOLDINGS INC
$11.1M
BAMBROOKFIELD ASSET MANAGMT LTD
$10.9M
WMBWILLIAMS COS INC
$9.0M
FWONALIBERTY MEDIA CORP DEL
$8.8M
SBRSABINE RTY TR
$8.7M
SPAQLISTED FDS TR
$8.0M
VGSHVANGUARD SCOTTSDALE FDS
$7.4M
ABALLIANCEBERNSTEIN HLDG L P
$7.2M
BCHGGRAYSCALE BITCOIN CASH
$6.6M
ETENERGY TRANSFER L P
$6.3M
NDAQNASDAQ INC
$6.2M
ARISUSDARIS WATER SOLUTIONS INC
$5.5M
MSGSMADISON SQUARE GRDN SPRT COR
$5.4M
SAICSCIENCE APPLICATIONS INTL CO
$5.3M
XOMEXXON MOBIL CORP
$5.1M
JAPNLISTED FDS TR
$4.8M
ABBVABBVIE INC
$4.7M
BCDFLISTED FDS TR
$4.7M
MKLMARKEL GROUP INC
$4.6M
INFLLISTED FDS TR
$4.5M
LTCNGRAYSCALE LITECOIN
$4.4M
EXPEAGLE MATLS INC
$4.4M
LBRTLIBERTY ENERGY INC
$4.3M
WENWENDYS CO
$4.3M
ADMARCHER DANIELS MIDLAND CO
$4.0M
EPDENTERPRISE PRODS PARTNERS L
$4.0M
SPGIS&P GLOBAL INC
$3.9M
MSFTMICROSOFT CORP
$3.9M
FCXFREEPORT-MCMORAN INC
$3.8M
FWONALIBERTY MEDIA CORP DEL
$3.6M
BRBROADRIDGE FINL SOLUTIONS IN
$3.6M
KLACKLA CORP
$3.5M
4I1PHILIP MORRIS INTL INC
$3.4M
XNEAXNUVEEN AMT FREE QLTY MUN INC
$3.4M
LLYELI LILLY & CO
$3.2M
FTLFFITLIFE BRANDS INC
$3.1M
SPHRSPHERE ENTERTAINMENT CO
$3.1M
NTRNUTRIEN LTD
$3.0M
JNJJOHNSON & JOHNSON
$3.0M
LHXL3HARRIS TECHNOLOGIES INC
$3.0M
TPHTRI POINTE HOMES INC
$2.9M
AMLPALPS ETF TR
$2.8M
WTWISDOMTREE INC
$2.8M
CSCOCISCO SYS INC
$2.8M
FNFFIDELITY NATIONAL FINANCIAL
$2.7M
CMRECOSTAMARE INC
$2.7M
MOALTRIA GROUP INC
$2.7M
SUSUNCOR ENERGY INC NEW
$2.6M
NRPNATURAL RESOURCE PARTNERS L
$2.6M
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