HORIZON KINETICS ASSET MANAGEMENT LLCtracked
Open in PORT →Compare →Tear sheet →← all managersCIK 1056823
13F portfolio (2026-Q1)
$9.2B
Positions
351
Implied 1Y CAGR
modeled · as filed
Reported long US book (13F) · Δ vs 2025-Q4 · methodology
Implied return what this book implies methodology →
As filed = each book applied at quarter-end (what it did) · As copyable = applied at the 45-day filing deadline (what a follower could have earned).
Computing…
Exposures · what it owns, by sector & size (2026-Q1)
By sector
Energy55.2%
Financials13.3%
Unclassified12.6%
Materials6.4%
Utilities5.1%
Consumer Discretionary2.1%
Real Estate1.7%
Information Technology1.1%
Other2.4%
By market cap
Large ($10–200B)60.8%
Unknown21.5%
Mid ($2–10B)10.2%
Small ($300M–2B)5.4%
Micro (<$300M)1.1%
Mega (>$200B)0.9%
By region
North America87.4%
Other12.6%
Europe0.1%
Asia-Pacific0.0%
By industry group GICS — finer than sector
| Industry group | Weight | Names |
|---|---|---|
| Capital Markets | 63.17% | 22 |
| Unclassified | 12.76% | 108 |
| Metals & Mining | 6.14% | 10 |
| Utilities | 5.13% | 15 |
| Oil, Gas & Consumable Fuels | 3.63% | 20 |
| Real Estate Management & Development | 1.45% | 3 |
| Software & IT Services | 1.00% | 6 |
| Specialty Retail | 0.74% | 6 |
| Hotels, Restaurants & Leisure | 0.73% | 4 |
| Insurance | 0.68% | 8 |
| Banks | 0.61% | 12 |
| Pharmaceuticals & Biotechnology | 0.54% | 29 |
| Food Products | 0.53% | 4 |
| Entertainment | 0.48% | 10 |
| Marine | 0.47% | 4 |
| Commercial Services & Supplies | 0.39% | 8 |
| Equity Real Estate Investment Trusts (REITs) | 0.23% | 9 |
| Chemicals | 0.19% | 6 |
| Automobiles & Components | 0.19% | 3 |
| Technology Hardware & Equipment | 0.13% | 9 |
| Media & Entertainment | 0.12% | 6 |
| Coal & Consumable Fuels | 0.11% | 2 |
| Aerospace & Defense | 0.09% | 7 |
| Semiconductors & Semiconductor Equipment | 0.08% | 5 |
| Tobacco | 0.06% | 2 |
| Electrical Equipment & Components | 0.06% | 3 |
| Machinery | 0.05% | 7 |
| Construction Materials | 0.03% | 1 |
| Software | 0.03% | 1 |
| Health Care Equipment & Supplies | 0.03% | 2 |
| Paper & Forest Products | 0.03% | 2 |
| Distributors | 0.02% | 3 |
| Professional Services | 0.02% | 2 |
| Life Sciences Tools & Services | 0.02% | 2 |
| Beverages | 0.01% | 2 |
| Road & Rail | 0.01% | 1 |
| Industrial Conglomerates | 0.01% | 1 |
| Communications Equipment | 0.01% | 1 |
| Diversified Telecommunication Services | 0.01% | 2 |
| Health Care Providers & Services | 0.01% | 1 |
| Construction & Engineering | 0.00% | 1 |
| Textiles, Apparel & Luxury Goods | 0.00% | 1 |
Top holdings
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | TPL | Texas Pacific Land Corp | Energy | 51.49% |
| 2 | GBTC | GRAYSCALE BITCOIN TRUST ETF | Unclassified | 8.00% |
| 3 | LB | LandBridge Co LLC | Financials | 4.23% |
| 4 | HE | HAWAIIAN ELECTRIC INDUSTRIES INC | Utilities | 3.48% |
| 5 | WPM | WHEATON PRECIOUS METALS CORP | Materials | 2.50% |
| 6 | WBI | WaterBridge Infrastructure LLC | Energy | 2.13% |
| 7 | FNV | FRANCO NEVADA CORP | Materials | 2.03% |
| 8 | PBT | PERMIAN BASIN RTY TR | Unclassified | 1.49% |
| 9 | MIAX | MIAMI INTERNATIONAL HOLDINGS, INC. | Financials | 1.46% |
| 10 | ICE | Intercontinental Exchange, Inc. | Financials | 1.43% |
244/351 classified; unclassified names are still shown.
Sector allocation over time · how the sector mix & top names shifted each quarter
top 5 per sector, the rest → “Other” · 29 quarters
Sector allocation over 29 reported quarters, 2019-Q1 to 2026-Q1, 72 bands (top holdings within each sector). Latest quarter 2026-Q1: TPL 51.5%, GBTC 8.0%, Other Financials 5.3%, Other Unclassified 4.6%, LB 4.2%. Use the arrow keys to read a quarter.
Energy
Financials
Materials
Consumer Discretionary
Information Technology
Communication Services
Real Estate
Health Care
Utilities
Consumer Staples
Industrials
Unclassified
Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 87.4% of the book is classified (unclassified names are still shown).
Style box · size × value-growth placement (2026-Q1), classified on today's fundamentals (not point-in-time) — load into PORT to overlay your own book
holdings, colored by sector (166 classified)HORIZON KINETICS ASSET MANAGEMENT LLC centroid (Mid Core)
EnergyFinancialsUtilitiesConsumer DiscretionaryInformation TechnologyConsumer StaplesIndustrialsReal EstateHealth CareMaterialsCommunication Services
Classified: 68.6% of book weight (166/349 names) · unclassified 31.4%.
Contribution holdings-based, any period
Attribution lands once this book has priced history across the window. Try a longer period.
Holdings· 351 positions (2026-Q1) · largest first · Δ vs 2025-Q4
| # | Security | Shares | Value | Weight | Δ QoQ |
|---|---|---|---|---|---|
| 1 | TPLTEXAS PACIFIC LAND CORPORATI | 10,015,379 | $4.8B | 51.5% | TRIM −3% |
| 2 | GBTCGRAYSCALE BITCOIN TRUST ETF | 14,004,882 | $739M | 8.0% | HOLD |
| 3 | LBLANDBRIDGE COMPANY LLC | 5,657,134 | $391M | 4.2% | HOLD |
| 4 | HEHAWAIIAN ELEC INDS INC MTN B | 21,635,294 | $321M | 3.5% | ADD 12% |
| 5 | WPMWHEATON PRECIOUS METALS CORP | 1,761,519 | $231M | 2.5% | TRIM −29% |
| 6 | WBIWATERBRIDGE INFRASTRUCTURE L | 7,342,147 | $197M | 2.1% | ADD 7% |
| 7 | FNVFRANCO NEV CORP | 757,297 | $187M | 2.0% | TRIM −22% |
| 8 | PBTPERMIAN BASIN RTY TR | 6,379,692 | $137M | 1.5% | ADD 3% |
| 9 | MIAXMIAMI INTL HLDGS INC | 3,451,549 | $134M | 1.5% | ADD 90% |
| 10 | ICEINTERCONTINENTAL EXCHANGE IN | 838,899 | $132M | 1.4% | HOLD |
| 11 | LNGCheniere Energy, Inc | 420,328 | $119M | 1.3% | TRIM −9% |
| 12 | CBOECBOE GLOBAL MKTS INC | 410,066 | $115M | 1.2% | HOLD |
| 13 | MSBMESABI TR | 3,140,972 | $99M | 1.1% | ADD 4% |
| 14 | BTCGRAYSCALE BITCOIN MINI TR ET | 3,004,416 | $90M | 1.0% | HOLD |
| 15 | CACICACI INTL INC | 154,648 | $84M | 0.9% | TRIM −2% |
| 16 | CMECME GROUP INC | 270,253 | $80M | 0.9% | HOLD |
| 17 | VNOMVIPER ENERGY INC | 1,662,641 | $78M | 0.8% | TRIM −3% |
| 18 | CCJCAMECO CORP | 651,825 | $71M | 0.8% | TRIM −3% |
| 19 | OROR ROYALTIES INC. | 1,754,144 | $67M | 0.7% | TRIM −3% |
| 20 | BNBROOKFIELD CORP | 1,571,936 | $64M | 0.7% | HOLD |
| 21 | CVEOCIVEO CORP CDA | 2,352,353 | $62M | 0.7% | TRIM −4% |
| 22 | ANAUTONATION INC | 225,053 | $44M | 0.5% | TRIM −12% |
| 23 | BGBUNGE GLOBAL SA | 336,944 | $43M | 0.5% | TRIM −3% |
| 24 | TRCTEJON RANCH CO | 1,902,606 | $36M | 0.4% | HOLD |
| 25 | HKHCHORIZON KINETICS HLDG CORP COM | 1,075,416 | $35M | 0.4% | HOLD |
| 26 | JOEST JOE CO | 542,609 | $34M | 0.4% | TRIM −2% |
| 27 | SJTSAN JUAN BASIN RTY TR | 6,978,841 | $34M | 0.4% | ADD 12% |
| 28 | IBITISHARES BITCOIN TRUST ETF | 793,343 | $30M | 0.3% | HOLD |
| 29 | SIISPROTT INC | 206,997 | $30M | 0.3% | TRIM −4% |
| 30 | WTMWHITE MTNS INS GROUP LTD | 13,112 | $29M | 0.3% | HOLD |
| 31 | MRSHMARSH & MCLENNAN COS INC | 151,341 | $26M | 0.3% | TRIM −3% |
| 32 | CCLCARNIVAL CORP | 957,653 | $25M | 0.3% | HOLD |
| 33 | LYVLIVE NATION ENTERTAINMENT IN | 157,169 | $24M | 0.3% | TRIM −7% |
| 34 | DMLPDORCHESTER MINERALS LP | 860,226 | $23M | 0.3% | HOLD |
| 35 | GLXYGALAXY DIGITAL INC. | 1,250,969 | $23M | 0.3% | HOLD |
| 36 | PAGPENSKE AUTOMOTIVE GRP INC | 142,507 | $21M | 0.2% | TRIM −16% |
| 37 | BRK.BBERKSHIRE HATHAWAY INC DEL | 38,033 | $18M | 0.2% | HOLD |
| 38 | RBARB GLOBAL INC | 186,731 | $18M | 0.2% | ADD 73% |
| 39 | MSTRSTRATEGY INC | 139,253 | $17M | 0.2% | HOLD |
| 40 | OSKOSHKOSH CORP | 115,789 | $17M | 0.2% | HOLD |
| 41 | VUSBVANGUARD BD INDEX FDS | 339,054 | $17M | 0.2% | HOLD |
| 42 | RPRXROYALTY PHARMA PLC | 340,783 | $16M | 0.2% | TRIM −4% |
| 43 | DBRGDIGITALBRIDGE GROUP INC | 939,380 | $14M | 0.2% | TRIM −69% |
| 44 | TFPMTRIPLE FLAG PRECIOUS METAL | 413,430 | $14M | 0.2% | TRIM −3% |
| 45 | RCLROYAL CARIBBEAN GROUP | 51,698 | $14M | 0.2% | TRIM −2% |
| 46 | IPARINTERPARFUMS INC | 138,333 | $13M | 0.1% | HOLD |
| 47 | HHHHOWARD HUGHES HOLDINGS INC | 196,410 | $12M | 0.1% | TRIM −33% |
| 48 | RGLDROYAL GOLD INC | 47,142 | $12M | 0.1% | TRIM −50% |
| 49 | WMBWILLIAMS COS INC | 138,301 | $10M | 0.1% | HOLD |
| 50 | MAMASTERCARD INCORPORATED | 19,516 | $10M | 0.1% | HOLD |
| 51 | BAMBROOKFIELD ASSET MANAGMT LTD | 189,571 | $8M | 0.1% | HOLD |
| 52 | SBRSABINE RTY TR | 111,150 | $8M | 0.1% | HOLD |
| 53 | LBRTLIBERTY ENERGY INC | 288,222 | $8M | 0.1% | TRIM −16% |
| 54 | ABALLIANCEBERNSTEIN HLDG L P | 217,447 | $8M | 0.1% | ADD 12% |
| 55 | ETENERGY TRANSFER L P | 398,708 | $8M | 0.1% | ADD 11% |
| 56 | MSGSMADISON SQUARE GRDN SPRT COR | 23,347 | $8M | 0.1% | HOLD |
| 57 | NRPNATURAL RESOURCE PARTNERS L | 57,871 | $7M | 0.1% | ADD 133% |
| 58 | WESWESTERN MIDSTREAM PARTNERS L | 169,744 | $7M | 0.1% | ADD 27% |
| 59 | FWONKLIBERTY MEDIA CORP DEL | 80,990 | $7M | 0.1% | HOLD |
| 60 | XOMEXXON MOBIL CORP | 39,692 | $7M | 0.1% | ADD 3% |
| 61 | SPAQLISTED FDS TR | 71,954 | $7M | 0.1% | HOLD |
| 62 | NDAQNASDAQ INC | 70,706 | $6M | 0.1% | HOLD |
| 63 | VGSHVANGUARD SHORT-TERM TREASURY ETF | 98,748 | $6M | 0.1% | TRIM −10% |
| 64 | AMLPALPS ETF TR | 106,520 | $6M | 0.1% | ADD 77% |
| 65 | BOXXEA SERIES TRUST | 47,475 | $6M | 0.1% | NEW |
| 66 | SPHRSPHERE ENTERTAINMENT CO | 46,252 | $5M | 0.1% | TRIM −3% |
| 67 | FCXFREEPORT MCMORAN INC | 91,881 | $5M | 0.1% | HOLD |
| 68 | INFLLISTED FDS TR | 100,352 | $5M | 0.1% | HOLD |
| 69 | JAPNLISTED FDS TR | 227,765 | $5M | 0.1% | ADD 25% |
| 70 | BCDFLISTED FDS TR | 166,055 | $5M | 0.1% | ADD 6% |
| 71 | BCHGGRAYSCALE BITCOIN CASH TRUST BCH | 1,487,241 | $5M | 0.1% | HOLD |
| 72 | SAICSCIENCE APPLICATIONS INTL CO | 50,581 | $5M | 0.1% | TRIM −4% |
| 73 | EPDENTERPRISE PRODS PARTNERS L | 114,820 | $4M | 0.0% | ADD 2% |
| 74 | ADMARCHER DANIELS MIDLAND CO | 59,312 | $4M | 0.0% | HOLD |
| 75 | CMSGCONSENSUS MINING & SEIGNIORAGE CORP COM | 164,593 | $4M | 0.0% | NEW |
| 76 | ABBVABBVIE INC | 19,209 | $4M | 0.0% | HOLD |
| 77 | MKLMARKEL GROUP INC | 2,102 | $4M | 0.0% | HOLD |
| 78 | TPHTRI POINTE HOMES INC | 85,966 | $4M | 0.0% | HOLD |
| 79 | NTRNUTRIEN LTD | 51,224 | $4M | 0.0% | HOLD |
| 80 | JNJJOHNSON & JOHNSON | 15,709 | $4M | 0.0% | HOLD |
| 81 | CMRECOSTAMARE INC | 221,850 | $4M | 0.0% | HOLD |
| 82 | SUSUNCOR ENERGY INC NEW | 56,237 | $4M | 0.0% | ADD 3% |
| 83 | LLYELI LILLY & CO | 3,965 | $4M | 0.0% | TRIM −3% |
| 84 | BRBROADRIDGE FINL SOLUTIONS IN | 22,176 | $4M | 0.0% | ADD 9% |
| 85 | MRKMERCK & CO INC | 28,383 | $3M | 0.0% | HOLD |
| 86 | XNEAXNUVEEN AMT FREE QLTY MUN INC | 296,306 | $3M | 0.0% | HOLD |
| 87 | PMPHILIP MORRIS INTL INC | 19,734 | $3M | 0.0% | HOLD |
| 88 | EXPEAGLE MATLS INC | 16,865 | $3M | 0.0% | HOLD |
| 89 | KLACKLA CORP | 2,158 | $3M | 0.0% | TRIM −24% |
| 90 | LHXL3HARRIS TECHNOLOGIES INC | 9,153 | $3M | 0.0% | TRIM −3% |
| 91 | FRMIFERMI INC | 532,426 | $3M | 0.0% | ADD 390% |
| 92 | RCGRENN FD INC | 912,064 | $3M | 0.0% | ADD 5% |
| 93 | CATCATERPILLAR INC | 4,117 | $3M | 0.0% | TRIM −11% |
| 94 | CSCOCISCO SYS INC | 37,491 | $3M | 0.0% | TRIM −4% |
| 95 | CVXCHEVRON CORP NEW | 14,018 | $3M | 0.0% | ADD 5% |
| 96 | ARLPALLIANCE RESOURCE PARTNERS L | 104,709 | $3M | 0.0% | ADD 63% |
| 97 | PTENPATTERSON-UTI ENERGY INC | 258,608 | $3M | 0.0% | HOLD |
| 98 | VRTVERTIV HOLDINGS CO | 11,025 | $3M | 0.0% | HOLD |
| 99 | BMYBRISTOL-MYERS SQUIBB CO | 44,706 | $3M | 0.0% | HOLD |
| 100 | EQTEQT CORP | 42,521 | $3M | 0.0% | ADD 3% |
| 101 | MTAMETALLA RTY & STREAMING LTD | 404,297 | $3M | 0.0% | HOLD |
| 102 | FWONALIBERTY MEDIA CORP DEL | 34,092 | $3M | 0.0% | TRIM −5% |
| 103 | MOALTRIA GROUP INC | 38,957 | $3M | 0.0% | HOLD |
| 104 | MSFTMICROSOFT CORP | 6,924 | $3M | 0.0% | TRIM −4% |
| 105 | WTWISDOMTREE INC | 168,056 | $2M | 0.0% | TRIM −15% |
| 106 | LTCNGRAYSCALE LITECOIN TRUST LTC SHS | 587,986 | $2M | 0.0% | ADD 17% |
| 107 | BKKTBAKKT HOLDINGS INC | 316,538 | $2M | 0.0% | TRIM −3% |
| 108 | RTXRTX CORPORATION | 11,895 | $2M | 0.0% | TRIM −7% |
| 109 | BSMBLACK STONE MINERALS L P | 151,238 | $2M | 0.0% | HOLD |
| 110 | APYXAPYX MEDICAL CORPORATION | 615,000 | $2M | 0.0% | HOLD |
| 111 | FTLFFITLIFE BRANDS INC | 154,456 | $2M | 0.0% | HOLD |
| 112 | MYIBLACKROCK MUNIYIELD QUALITY | 207,994 | $2M | 0.0% | ADD 104% |
| 113 | EMREMERSON ELEC CO | 16,592 | $2M | 0.0% | HOLD |
| 114 | LVSLAS VEGAS SANDS CORP | 40,007 | $2M | 0.0% | HOLD |
| 115 | MSGEMADISON SQUARE GARDEN ENTMT | 35,731 | $2M | 0.0% | HOLD |
| 116 | CRLCHARLES RIV LABS INTL INC | 12,192 | $2M | 0.0% | TRIM −3% |
| 117 | TDTORONTO DOMINION BK ONT | 22,500 | $2M | 0.0% | TRIM −4% |
| 118 | OPLNOPENLANE INC | 71,343 | $2M | 0.0% | HOLD |
| 119 | FNFFIDELITY NATL FINL INC | 44,478 | $2M | 0.0% | HOLD |
| 120 | SLVISHARES SILVER TR | 29,855 | $2M | 0.0% | HOLD |
| 121 | PAAPLAINS ALL AMERN PIPELINE L | 90,209 | $2M | 0.0% | NEW |
| 122 | BATRKATLANTA BRAVES HLDGS INC | 45,931 | $2M | 0.0% | HOLD |
| 123 | PFEPFIZER INC | 68,950 | $2M | 0.0% | HOLD |
| 124 | IRMIRON MTN INC DEL | 18,405 | $2M | 0.0% | HOLD |
| 125 | WENWENDYS CO | 269,177 | $2M | 0.0% | TRIM −25% |
| 126 | NADNUVEEN QUALITY MUNCP INCOME | 162,423 | $2M | 0.0% | HOLD |
| 127 | GEGE AEROSPACE | 6,418 | $2M | 0.0% | HOLD |
| 128 | VOOVANGUARD INDEX FDS | 2,944 | $2M | 0.0% | HOLD |
| 129 | HUBBHUBBELL INC | 3,532 | $2M | 0.0% | NEW |
| 130 | REZIRESIDEO TECHNOLOGIES INC | 50,896 | $2M | 0.0% | TRIM −5% |
| 131 | SONSONOCO PRODS CO | 31,230 | $2M | 0.0% | ADD 2% |
| 132 | NVSNOVARTIS AG | 10,991 | $2M | 0.0% | TRIM −4% |
| 133 | GLDSPDR GOLD TR | 3,863 | $2M | 0.0% | ADD 6% |
| 134 | AAPLAPPLE INC | 6,427 | $2M | 0.0% | TRIM −7% |
| 135 | SPGIS&P GLOBAL INC | 3,750 | $2M | 0.0% | TRIM −12% |
| 136 | RIORIO TINTO PLC | 16,296 | $2M | 0.0% | HOLD |
| 137 | RMTROYCE MICRO-CAP TR INC | 132,808 | $2M | 0.0% | HOLD |
| 138 | WPCW. P. Carey Inc. | 22,000 | $1M | 0.0% | HOLD |
| 139 | HONHONEYWELL INTL INC | 6,576 | $1M | 0.0% | ADD 8% |
| 140 | NRKNUVEEN NEW YORK AMT QLT MUNI | 138,453 | $1M | 0.0% | ADD 2% |
| 141 | VVISA INC | 4,666 | $1M | 0.0% | HOLD |
| 142 | SEALED AIR CORP NEW | 33,250 | $1M | 0.0% | HOLD |
| 143 | ROKROCKWELL AUTOMATION INC | 3,895 | $1M | 0.0% | TRIM −8% |
| 144 | GSKGSK PLC | 24,419 | $1M | 0.0% | HOLD |
| 145 | VRSKVERISK ANALYTICS INC | 7,000 | $1M | 0.0% | HOLD |
| 146 | PFNPIMCO INCOME STRATEGY FD II | 191,463 | $1M | 0.0% | HOLD |
| 147 | KMIKINDER MORGAN INC DEL | 38,982 | $1M | 0.0% | TRIM −22% |
| 148 | GDLCGRAYSCALE COINDESK CRYPTO 5 ETF | 41,029 | $1M | 0.0% | HOLD |
| 149 | BNTBROOKFIELD WEALTH SOL LTD | 30,737 | $1M | 0.0% | HOLD |
| 150 | MPCMARATHON PETE CORP | 5,202 | $1M | 0.0% | HOLD |
| 151 | GEVGE VERNOVA INC | 1,439 | $1M | 0.0% | HOLD |
| 152 | VXFVANGUARD INDEX FDS | 6,046 | $1M | 0.0% | TRIM −77% |
| 153 | BNYBANK NEW YORK MELLON CORP | 10,308 | $1M | 0.0% | TRIM −13% |
| 154 | NVDANVIDIA CORPORATION | 7,010 | $1M | 0.0% | TRIM −5% |
| 155 | ADIANALOG DEVICES INC | 3,761 | $1M | 0.0% | TRIM −11% |
| 156 | SBLKSTAR BULK CARRIERS CORP. | 51,770 | $1M | 0.0% | ADD 2% |
| 157 | BATRAATLANTA BRAVES HLDGS INC | 25,208 | $1M | 0.0% | HOLD |
| 158 | ELSEQUITY LIFESTYLE PPTYS INC | 18,955 | $1M | 0.0% | TRIM −24% |
| 159 | CRAICRA INTL INC | 6,995 | $1M | 0.0% | TRIM −8% |
| 160 | SEGSEAPORT ENTMT GROUP INC | 52,440 | $1M | 0.0% | HOLD |
| 161 | GISGENERAL MILLS INC | 30,090 | $1M | 0.0% | NEW |
| 162 | SVXYPROSHARES TR II | 23,986 | $1M | 0.0% | ADD 3% |
| 163 | EOGEOG RES INC | 7,567 | $1M | 0.0% | ADD 17% |
| 164 | BAHBOOZ ALLEN HAMILTON HLDG COR | 13,996 | $1M | 0.0% | HOLD |
| 165 | MCDMCDONALDS CORP | 3,439 | $1M | 0.0% | ADD 3% |
| 166 | AZNASTRAZENECA PLC | 5,256 | $1M | 0.0% | NEW |
| 167 | ABTABBOTT LABS | 9,566 | $982,141 | 0.0% | TRIM −5% |
| 168 | OIHVANECK ETF TRUST | 2,412 | $975,064 | 0.0% | TRIM −29% |
| 169 | CMSCMS ENERGY CORP | 12,197 | $946,243 | 0.0% | HOLD |
| 170 | GOOGALPHABET INC | 3,295 | $945,204 | 0.0% | HOLD |
| 171 | MQYBLACKROCK MUNIYILD QULT FD I | 82,981 | $911,131 | 0.0% | NEW |
| 172 | JFRNUVEEN FLOATING RATE INCOME | 119,308 | $897,196 | 0.0% | HOLD |
| 173 | PDIPIMCO DYNAMIC INCOME FD | 51,479 | $880,806 | 0.0% | HOLD |
| 174 | NSCNORFOLK SOUTHN CORP | 3,033 | $870,471 | 0.0% | HOLD |
| 175 | IBMINTERNATIONAL BUSINESS MACHS | 3,585 | $868,968 | 0.0% | TRIM −3% |
| 176 | IONSIONIS PHARMACEUTICALS INC | 11,428 | $858,129 | 0.0% | TRIM −4% |
| 177 | CCITIGROUP INC | 7,475 | $847,740 | 0.0% | ADD 5% |
| 178 | AMGNAMGEN INC | 2,399 | $844,088 | 0.0% | TRIM −4% |
| 179 | GOOGLALPHABET INC | 2,933 | $843,413 | 0.0% | TRIM −5% |
| 180 | MHDBLACKROCK MUNIHOLDINGS FD IN | 74,530 | $840,698 | 0.0% | ADD 344% |
| 181 | DHRDANAHER CORP DEL | 4,359 | $826,466 | 0.0% | HOLD |
| 182 | SPYSTATE STR SPDR S&P 500 ETF T | 1,244 | $809,023 | 0.0% | TRIM −4% |
| 183 | BACBANK AMERICA CORP | 16,460 | $802,425 | 0.0% | TRIM −20% |
| 184 | AEHRAEHR TEST SYS | 21,600 | $800,928 | 0.0% | HOLD |
| 185 | RYAMRAYONIER ADVANCED MATLS INC | 68,500 | $758,295 | 0.0% | TRIM −28% |
| 186 | IAUISHARES GOLD TR | 8,566 | $755,179 | 0.0% | HOLD |
| 187 | ALNYALNYLAM PHARMACEUTICALS INC | 2,272 | $751,737 | 0.0% | TRIM −4% |
| 188 | ALKSALKERMES PLC | 21,099 | $746,061 | 0.0% | TRIM −4% |
| 189 | PFLPIMCO INCOME STRATEGY FD | 93,252 | $746,016 | 0.0% | HOLD |
| 190 | MMM3M CO | 5,000 | $726,150 | 0.0% | TRIM −12% |
| 191 | BRK.ABERKSHIRE HATHAWAY INC DEL | 1 | $718,140 | 0.0% | HOLD |
| 192 | QCOMQUALCOMM INC | 5,512 | $709,835 | 0.0% | TRIM −12% |
| 193 | SANBANCO SANTANDER S.A. | 62,310 | $702,857 | 0.0% | TRIM −4% |
| 194 | STZCONSTELLATION BRANDS INC | 4,673 | $700,950 | 0.0% | HOLD |
| 195 | NEMNEWMONT CORP | 6,421 | $695,073 | 0.0% | TRIM −18% |
| 196 | LINLINDE PLC | 1,400 | $694,064 | 0.0% | TRIM −3% |
| 197 | LLOEWS CORP | 6,460 | $689,540 | 0.0% | ADD 18% |
| 198 | XESSPDR SERIES TRUST | 5,775 | $671,806 | 0.0% | HOLD |
| 199 | EBAYEBAY INC. | 7,347 | $668,724 | 0.0% | HOLD |
| 200 | GDXJVANECK ETF TRUST | 5,556 | $666,942 | 0.0% | TRIM −48% |
showing the top 200 by weight
Position trends· top 15 holdings · shares held over 6 quarters
green added · red trimmed
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| TPLTEXAS PACIFIC LAND CORPORATI | 3.6M | 3.6M | 3.6M | 3.5M | 10.3M | 10.0M | $4.8B |
| GBTCGRAYSCALE BITCOIN TRUST ETF | 15.2M | 14.7M | 14.6M | 14.2M | 14.1M | 14.0M | $739M |
| LBLANDBRIDGE COMPANY LLC | 5.4M | 5.5M | 5.5M | 5.6M | 5.6M | 5.7M | $391M |
| HEHAWAIIAN ELEC INDS INC MTN B | 2.4M | 12.7M | 16.3M | 18.3M | 19.4M | 21.6M | $321M |
| WPMWHEATON PRECIOUS METALS CORP | 2.9M | 3.0M | 3.0M | 2.8M | 2.5M | 1.8M | $231M |
| WBIWATERBRIDGE INFRASTRUCTURE L | — | — | — | 6.4M | 6.8M | 7.3M | $197M |
| FNVFRANCO NEV CORP | 988K | 1.0M | 1.0M | 1.0M | 968K | 757K | $187M |
| PBTPERMIAN BASIN RTY TR | 3.9M | 4.1M | 5.8M | 6.1M | 6.2M | 6.4M | $137M |
| MIAXMIAMI INTL HLDGS INC | — | — | — | 1.4M | 1.8M | 3.5M | $134M |
| ICEINTERCONTINENTAL EXCHANGE IN | 805K | 818K | 832K | 831K | 831K | 839K | $132M |
| LNGCheniere Energy, Inc | — | — | 485K | 473K | 463K | 420K | $119M |
| CBOECBOE GLOBAL MKTS INC | 414K | 418K | 413K | 409K | 408K | 410K | $115M |
| MSBMESABI TR | 2.8M | 2.9M | 3.0M | 3.0M | 3.0M | 3.1M | $99M |
| BTCGRAYSCALE BITCOIN MINI TR ET | 3.1M | 3.1M | 3.1M | 3.0M | 3.0M | 3.0M | $90M |
| CACICACI INTL INC | 359K | 190K | 162K | 161K | 159K | 155K | $84M |
Green = added, red = trimmed, grey = held; a dash is a quarter with no 13F on file — a gap, not an exit.
Related· where to look next
Firm lineage
Where this firm's principals came from, and what its alumni went on to found.
joins filed 13F data only — no style, strategy or performance similarity is claimed · 13F 2026-Q1
Similar managers — “Similar” = same top sector (Energy) + closest 13F size, self excluded; NOT a style or performance match, and a filer whose real business is elsewhere (shorts, private, non-13F) can still surface.
Also hold TPL — other Section 13(f) filers reporting a long position in this book's largest tickered holding for 2026-Q1. Lagged quarterly filings (up to 45 days after quarter-end); “% of shares out” is omitted where the reported share count can't carry it.
Filers outside the free window show locked, not hidden.
Also hold TPL — other Section 13(f) filers reporting a long position in this book's largest tickered holding for 2026-Q1. Lagged quarterly filings (up to 45 days after quarter-end); “% of shares out” is omitted where the reported share count can't carry it.
Filers outside the free window show locked, not hidden.