Q2 2025 · 13F-HR
HORIZON KINETICS ASSET MANAGEMENT LLCholdings as filed
Filed 2025-08-12 · accession 0001056823-25-000019
$8.43B
Reported value
352
Positions
2025-06-30
Period end
The Brief · HORIZON KINETICS ASSET MANAGEMENT LLC · Q2 2025
AI · grounded in 13F
HORIZON KINETICS ASSET MANAGEMENT LLC established a new position in TPL valued at $3.78B. The fund also initiated a new stake in GBTC for $1.23B. Additional new positions include LB at $371.6M and WPM at $268.1M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 88262P102 | TPL | TEXAS PACIFIC LAND CORPORATI | $3.78B | 44.8% | 3,577,531 | Common | SOLE |
| 389637109 | GBTC | GRAYSCALE BITCOIN TRUST ETF | $1.23B | 14.6% | 14,551,191 | Common | SOLE |
| 514952100 | LB | LANDBRIDGE COMPANY LLC | $371.6M | 4.41% | 5,498,925 | Common | SOLE |
| 962879102 | WPM | WHEATON PRECIOUS METALS CORP | $268.1M | 3.18% | 2,985,486 | Common | SOLE |
| 419870100 | HE | HAWAIIAN ELEC INDUSTRIES | $173.1M | 2.05% | 16,281,709 | Common | SOLE |
| 351858105 | FNV | FRANCO NEV CORP | $171.1M | 2.03% | 1,043,546 | Common | SOLE |
| 45866F104 | ICE | INTERCONTINENTAL EXCHANGE IN | $152.6M | 1.81% | 831,758 | Common | SOLE |
| 389930207 | BTC | GRAYSCALE BITCOIN MINI TR ET | $146.7M | 1.74% | 3,072,369 | Common | SOLE |
| 16411R208 | LNG | CHENIERE ENERGY INC | $118.1M | 1.40% | 484,912 | Common | SOLE |
| 12503M108 | CBOE | CBOE GLOBAL MKTS INC | $96.2M | 1.14% | 412,717 | Common | SOLE |
| 127190304 | CACI | CACI INTL INC | $77.1M | 0.91% | 161,672 | Common | SOLE |
| 714236106 | PBT | PERMIAN BASIN RTY TR | $72.8M | 0.86% | 5,839,825 | Common | SOLE |
| 11271J107 | BN | BROOKFIELD CORP | $72.6M | 0.86% | 1,173,001 | Common | SOLE |
| 590672101 | MSB | MESABI TR | $70.9M | 0.84% | 2,960,590 | Common | SOLE |
| 17878Y207 | CVEO | CIVEO CORP CDA | $66.5M | 0.79% | 2,881,033 | Common | SOLE |
| 927959106 | VNOMUSD | VIPER ENERGY INC | $65.2M | 0.77% | 1,711,181 | Common | SOLE |
| 46438F101 | IBIT | ISHARES BITCOIN TRUST ETF | $58.9M | 0.70% | 961,927 | Common | SOLE |
| 594972408 | MSTR | MICROSTRATEGY INC | $58.8M | 0.70% | 145,499 | Common | SOLE |
| 05329W102 | AN | AUTONATION INC | $52.0M | 0.62% | 261,774 | Common | SOLE |
| 13321L108 | CCJ | CAMECO CORP | $50.2M | 0.59% | 675,700 | Common | SOLE |
| 04041L106 | ARISUSD | ARIS WATER SOLUTIONS INC | $49.6M | 0.59% | 2,095,604 | Common | SOLE |
| 538034109 | LYV | LIVE NATION ENTERTAINMENT IN | $47.1M | 0.56% | 311,116 | Common | SOLE |
| 68390D106 | OR | OR ROYALTIES INC. | $46.7M | 0.55% | 1,817,501 | Common | SOLE |
| 25401T603 | DBRG | DIGITALBRIDGE GROUP INC | $37.4M | 0.44% | 3,617,965 | Common | SOLE |
| 12572Q105 | CME | CME GROUP INC | $35.1M | 0.42% | 127,398 | Common | SOLE |
| 571748102 | MRSH | MARSH & MCLENNAN COS INC | $34.3M | 0.41% | 156,787 | Common | SOLE |
| 80013R206 | AYS1 | SANDSTORM GOLD LTD | $34.3M | 0.41% | 3,644,651 | Common | SOLE |
| 045528106 | ACGP | ASSOCIATED CAP GROUP INC | $32.5M | 0.39% | 866,379 | Common | SOLE |
| 36317J209 | GLXY | GALAXY DIGITAL INC. | $29.9M | 0.35% | 1,364,267 | Common | SOLE |
| 70959W103 | PAG | PENSKE AUTOMOTIVE GRP INC | $29.4M | 0.35% | 171,327 | Common | SOLE |
| H11356104 | BG | BUNGE GLOBAL SA | $28.2M | 0.33% | 351,309 | Common | SOLE |
| 44267T102 | HHH | HOWARD HUGHES HOLDINGS INC | $28.1M | 0.33% | 416,373 | Common | SOLE |
| 879080109 | TRC | TEJON RANCH CO | $27.9M | 0.33% | 1,647,497 | Common | SOLE |
| 798241105 | SJT | SAN JUAN BASIN RTY TR | $27.5M | 0.33% | 4,594,502 | Common | SOLE |
| 143658300 | CCL1EUR | CARNIVAL CORP | $27.3M | 0.32% | 969,428 | Common | SOLE |
| 039483102 | ADM | ARCHER DANIELS MIDLAND CO | $26.7M | 0.32% | 505,969 | Common | SOLE |
| 790148100 | JOE | ST JOE CO | $26.5M | 0.31% | 555,891 | Common | SOLE |
| 25820R105 | DMLP | DORCHESTER MINERALS LP | $25.5M | 0.30% | 916,849 | Common | SOLE |
| 952845105 | WFG | WEST FRASER TIMBER CO LTD | $22.3M | 0.26% | 304,838 | Common | SOLE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $20.7M | 0.24% | 42,526 | Common | SOLE |
| G9618E107 | WTM | WHITE MTNS INS GROUP LTD | $19.7M | 0.23% | 10,971 | Common | SOLE |
| 458334109 | IPAR | INTERPARFUMS INC | $18.4M | 0.22% | 139,780 | Common | SOLE |
| 92203C303 | VUSB | VANGUARD BD INDEX FDS | $18.1M | 0.21% | 362,083 | Common | SOLE |
| V7780T103 | RCL | ROYAL CARIBBEAN GROUP | $17.6M | 0.21% | 56,172 | Common | SOLE |
| 82983N108 | SB9 | SITIO ROYALTIES CORP | $16.9M | 0.20% | 921,938 | Common | SOLE |
| 852066208 | SII | SPROTT INC | $14.7M | 0.17% | 212,898 | Common | SOLE |
| 688239201 | OSK | OSHKOSH CORP | $14.1M | 0.17% | 124,206 | Common | SOLE |
| 92206C102 | VGSH | VANGUARD SCOTTSDALE FDS | $14.0M | 0.17% | 237,388 | Common | SOLE |
| 780287108 | RGLD | ROYAL GOLD INC | $13.0M | 0.15% | 72,892 | Common | SOLE |
| G7709Q104 | RPRX | ROYALTY PHARMA PLC | $12.7M | 0.15% | 353,471 | Common | SOLE |
| 53656G555 | SPAQ | LISTED FDS TR | $11.9M | 0.14% | 113,124 | Common | SOLE |
| 113004105 | BAM | BROOKFIELD ASSET MANAGMT LTD | $11.8M | 0.14% | 213,573 | Common | SOLE |
| 74935Q107 | RBA | RB GLOBAL INC | $11.7M | 0.14% | 110,030 | Common | SOLE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $11.2M | 0.13% | 19,957 | Common | SOLE |
| 969457100 | WMB | WILLIAMS COS INC | $10.8M | 0.13% | 171,915 | Common | SOLE |
| 531229755 | FWONK | LIBERTY MEDIA CORP DEL | $9.3M | 0.11% | 89,065 | Common | SOLE |
| 95058W100 | WEN | WENDYS CO | $8.0M | 0.09% | 699,342 | Common | SOLE |
| 29273V100 | ET | ENERGY TRANSFER L P | $8.0M | 0.09% | 439,947 | Common | SOLE |
| 530307305 | LBRDK | LIBERTY BROADBAND CORP | $7.3M | 0.09% | 74,613 | Common | SOLE |
| 785688102 | SBR | SABINE RTY TR | $7.3M | 0.09% | 109,521 | Common | SOLE |
| 01881G106 | AB | ALLIANCEBERNSTEIN HLDG L P | $6.7M | 0.08% | 164,892 | Common | SOLE |
| 718172109 | PM | PHILIP MORRIS INTL INC | $6.4M | 0.08% | 35,214 | Common | SOLE |
| 631103108 | NDAQ | NASDAQ INC | $6.2M | 0.07% | 69,496 | Common | SOLE |
| 35671D857 | FCX | FREEPORT-MCMORAN INC | $6.2M | 0.07% | 142,847 | Common | SOLE |
| 29472R108 | ELS | EQUITY LIFESTYLE PPTYS INC | $6.0M | 0.07% | 97,128 | Common | SOLE |
| 808625107 | SAIC | SCIENCE APPLICATIONS INTL CO | $6.0M | 0.07% | 53,005 | Common | SOLE |
| 38963P109 | BCHG | GRAYSCALE BITCOIN CASH TRUST BCH | $5.9M | 0.07% | 1,541,264 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $5.9M | 0.07% | 11,851 | Common | SOLE |
| 30231G102 | XOM | EXXON MOBIL CORP | $5.8M | 0.07% | 54,253 | Common | SOLE |
| 78409V104 | SPGI | S&P GLOBAL INC | $5.4M | 0.06% | 10,186 | Common | SOLE |
| 55825T103 | MSGS | MADISON SQUARE GRDN SPRT COR | $5.2M | 0.06% | 24,838 | Common | SOLE |
| 293792107 | EPD | ENTERPRISE PRODS PARTNERS L | $5.0M | 0.06% | 162,451 | Common | SOLE |
| 570535104 | MKL | MARKEL GROUP INC | $4.8M | 0.06% | 2,416 | Common | SOLE |
| 53656G209 | BCDF | LISTED FDS TR | $4.7M | 0.06% | 150,778 | Common | SOLE |
| 05759B305 | BKKT | BAKKT HOLDINGS INC | $4.7M | 0.06% | 335,279 | Common | SOLE |
| 09260D107 | BX | BLACKSTONE INC | $4.5M | 0.05% | 29,999 | Common | SOLE |
| 00287Y109 | ABBV | ABBVIE INC | $4.4M | 0.05% | 23,710 | Common | SOLE |
| 53656F623 | INFL | LISTED FDS TR | $4.3M | 0.05% | 102,956 | Common | SOLE |
| 482480100 | KLAC | KLA CORP | $4.3M | 0.05% | 4,776 | Common | SOLE |
| 26969P108 | EXP | EAGLE MATLS INC | $4.1M | 0.05% | 20,161 | Common | SOLE |
| 502431109 | LHX | L3HARRIS TECHNOLOGIES INC | $4.0M | 0.05% | 16,050 | Common | SOLE |
| 17275R102 | CSCO | CISCO SYS INC | $3.9M | 0.05% | 56,641 | Common | SOLE |
| 67077M108 | NTR | NUTRIEN LTD | $3.9M | 0.05% | 66,245 | Common | SOLE |
| 531229771 | FWONA | LIBERTY MEDIA CORP DEL | $3.8M | 0.05% | 40,236 | Common | SOLE |
| 670657105 | XNEAX | NUVEEN AMT FREE QLTY MUN INC | $3.7M | 0.04% | 339,465 | Common | SOLE |
| 02209S103 | MO | ALTRIA GROUP INC | $3.7M | 0.04% | 63,147 | Common | SOLE |
| 38963W104 | LTCN | GRAYSCALE LITECOIN TRUST LTC SHS | $3.6M | 0.04% | 542,478 | Common | SOLE |
| 09225M101 | BSM | BLACK STONE MINERALS L P | $3.5M | 0.04% | 268,638 | Common | SOLE |
| 159864107 | CRL | CHARLES RIV LABS INTL INC | $3.4M | 0.04% | 22,260 | Common | SOLE |
| 46284V101 | IRM | IRON MTN INC DEL | $3.3M | 0.04% | 32,455 | Common | SOLE |
| 31620R303 | FNF | FIDELITY NATIONAL FINANCIAL | $3.3M | 0.04% | 58,461 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $3.3M | 0.04% | 20,710 | Common | SOLE |
| 532457108 | LLY | ELI LILLY & CO | $3.2M | 0.04% | 4,106 | Common | SOLE |
| 291011104 | EMR | EMERSON ELEC CO | $3.2M | 0.04% | 23,692 | Common | SOLE |
| G17977110 | BUR | BURFORD CAP LTD | $3.0M | 0.04% | 212,489 | Common | SOLE |
| Y1771G102 | CMRE | COSTAMARE INC | $3.0M | 0.04% | 331,100 | Common | SOLE |
| 149123101 | CAT | CATERPILLAR INC | $3.0M | 0.04% | 7,729 | Common | SOLE |
| 00162Q452 | AMLP | ALPS ETF TR | $3.0M | 0.04% | 61,357 | Common | SOLE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $2.9M | 0.03% | 19,302 | Common | SOLE |
| 75513E101 | RTX | RTX CORPORATION | $2.9M | 0.03% | 20,099 | Common | SOLE |
| 867224107 | SU | SUNCOR ENERGY INC NEW | $2.9M | 0.03% | 77,944 | Common | SOLE |
| 166764100 | CVX | CHEVRON CORP NEW | $2.8M | 0.03% | 19,867 | Common | SOLE |
| 110122108 | BMY | BRISTOL-MYERS SQUIBB CO | $2.8M | 0.03% | 61,317 | Common | SOLE |
| 58933Y105 | MRK | MERCK & CO INC | $2.8M | 0.03% | 35,835 | Common | SOLE |
| 87265H109 | T86 | TRI POINTE HOMES INC | $2.8M | 0.03% | 86,162 | Common | SOLE |
| 517834107 | LVS | LAS VEGAS SANDS CORP | $2.7M | 0.03% | 61,993 | Common | SOLE |
| 717081103 | PFE | PFIZER INC | $2.5M | 0.03% | 103,183 | Common | SOLE |
| 48238T109 | OPLN | OPENLANE INC | $2.5M | 0.03% | 101,857 | Common | SOLE |
| 31620M106 | FIS | FIDELITY NATL INFORMATION SV | $2.4M | 0.03% | 29,690 | Common | SOLE |
| 060505104 | BAC | BANK AMERICA CORP | $2.4M | 0.03% | 50,833 | Common | SOLE |
| 26884L109 | EQT | EQT CORP | $2.3M | 0.03% | 40,082 | Common | SOLE |
| 759720105 | RCG | RENN FD INC | $2.3M | 0.03% | 878,123 | Common | SOLE |
| 891160509 | TD | TORONTO DOMINION BK ONT | $2.3M | 0.03% | 31,225 | Common | SOLE |
| 97717P104 | WT | WISDOMTREE INC | $2.3M | 0.03% | 198,772 | Common | SOLE |
| 55826T102 | SPHR | SPHERE ENTERTAINMENT CO | $2.2M | 0.03% | 53,825 | Common | SOLE |
| 047726302 | BATRK | ATLANTA BRAVES HLDGS INC | $2.2M | 0.03% | 46,861 | Common | SOLE |
| 92345Y106 | VRSK | VERISK ANALYTICS INC | $2.2M | 0.03% | 7,000 | Common | SOLE |
| 92936U109 | WPC | WP CAREY INC | $2.2M | 0.03% | 34,750 | Common | SOLE |
| 92537N108 | VRT | VERTIV HOLDINGS CO | $2.2M | 0.03% | 16,835 | Common | SOLE |
| 12618T105 | CRAI | CRA INTL INC | $2.2M | 0.03% | 11,516 | Common | SOLE |
| 67066V101 | NAD | NUVEEN QUALITY MUNCP INCOME | $2.1M | 0.03% | 190,361 | Common | SOLE |
| 438516106 | HON | HONEYWELL INTL INC | $2.1M | 0.03% | 9,081 | Common | SOLE |
| 05964H105 | SAN | BANCO SANTANDER S.A. | $2.1M | 0.03% | 254,260 | Common | SOLE |
| 703481101 | PTEN | PATTERSON-UTI ENERGY INC | $2.0M | 0.02% | 340,750 | Common | SOLE |
| 33817P405 | FTLF | FITLIFE BRANDS INC | $2.0M | 0.02% | 154,456 | Common | SOLE |
| 773903109 | ROK | ROCKWELL AUTOMATION INC | $2.0M | 0.02% | 6,015 | Common | SOLE |
| G40705108 | GDLC | GRAYSCALE DIGITAL LARGE CAP FUND | $2.0M | 0.02% | 41,029 | Common | SOLE |
| 49456B101 | KMI | KINDER MORGAN INC DEL | $1.9M | 0.02% | 65,644 | Common | SOLE |
| 879382208 | TELFY | TELEFONICA S A | $1.9M | 0.02% | 367,796 | Common | SOLE |
| 72201J104 | PFN | PIMCO INCOME STRATEGY FD II | $1.9M | 0.02% | 256,466 | Common | SOLE |
| 11133T103 | BR | BROADRIDGE FINL SOLUTIONS IN | $1.9M | 0.02% | 7,761 | Common | SOLE |
| 037833100 | AAPL | APPLE INC | $1.9M | 0.02% | 9,062 | Common | SOLE |
| 922908363 | VOO | VANGUARD INDEX FDS | $1.8M | 0.02% | 3,247 | Common | SOLE |
| 63900P608 | NRP | NATURAL RESOURCE PARTNERS L | $1.8M | 0.02% | 19,123 | Common | SOLE |
| 835495102 | SON | SONOCO PRODS CO | $1.8M | 0.02% | 41,380 | Common | SOLE |
| 92826C839 | V | VISA INC | $1.8M | 0.02% | 4,979 | Common | SOLE |
| 53115L104 | LBRT | LIBERTY ENERGY INC | $1.7M | 0.02% | 149,428 | Common | SOLE |
| 01877R108 | ARLP | ALLIANCE RESOURCE PARTNERS L | $1.7M | 0.02% | 64,281 | Common | SOLE |
| 369604301 | GE | GE AEROSPACE | $1.7M | 0.02% | 6,497 | Common | SOLE |
| 72201Y101 | PDI | PIMCO DYNAMIC INCOME FD | $1.6M | 0.02% | 85,863 | Common | SOLE |
| 76118Y104 | REZI | RESIDEO TECHNOLOGIES INC | $1.6M | 0.02% | 72,262 | Common | SOLE |
| 59124U605 | MTA | METALLA RTY & STREAMING LTD | $1.6M | 0.02% | 405,430 | Common | SOLE |
| 126402106 | CSW | CSW INDUSTRIALS INC | $1.5M | 0.02% | 5,400 | Common | SOLE |
| 099502106 | BAH | BOOZ ALLEN HAMILTON HLDG COR | $1.5M | 0.02% | 14,692 | Common | SOLE |
| 81211K100 | SDA | SEALED AIR CORP NEW | $1.5M | 0.02% | 49,150 | Common | SOLE |
| 767204100 | RIO | RIO TINTO PLC | $1.5M | 0.02% | 25,666 | Common | SOLE |
| 66987V109 | NVS | NOVARTIS AG | $1.5M | 0.02% | 12,144 | Common | SOLE |
| 558256103 | MSGE | MADISON SQUARE GARDEN ENTMT | $1.5M | 0.02% | 36,352 | Common | SOLE |
| 88579Y101 | MMM | 3M CO | $1.4M | 0.02% | 9,475 | Common | SOLE |
| 37733W204 | GSK | GSK PLC | $1.4M | 0.02% | 37,392 | Common | SOLE |
| 002824100 | ABT | ABBOTT LABS | $1.4M | 0.02% | 10,459 | Common | SOLE |
| 06748M196 | VXX | BARCLAYS BANK PLC | $1.4M | 0.02% | 10,100 | CALL | SOLE |
| 670656107 | NRK | NUVEEN NEW YORK AMT QLT MUNI | $1.4M | 0.02% | 140,575 | Common | SOLE |
| 03837C106 | APYX | APYX MEDICAL CORPORATION | $1.4M | 0.02% | 615,000 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $1.4M | 0.02% | 7,822 | Common | SOLE |
| G17434104 | BNT | BROOKFIELD WEALTH SOL LTD | $1.3M | 0.02% | 21,748 | Common | SOLE |
| 26875P101 | EOG | EOG RES INC | $1.3M | 0.02% | 10,593 | Common | SOLE |
| 780915104 | RMT | ROYCE MICRO-CAP TR INC | $1.3M | 0.02% | 136,840 | Common | SOLE |
| 047726104 | BATRA | ATLANTA BRAVES HLDGS INC | $1.3M | 0.01% | 25,667 | Common | SOLE |
| 67072T108 | JFR | NUVEEN FLOATING RATE INCOME | $1.2M | 0.01% | 143,818 | Common | SOLE |
| G54950103 | LIN | LINDE PLC | $1.2M | 0.01% | 2,555 | Common | SOLE |
| 580135101 | MCD | MCDONALDS CORP | $1.2M | 0.01% | 4,046 | Common | SOLE |
| 737630103 | PCH | POTLATCHDELTIC CORPORATION | $1.2M | 0.01% | 30,157 | Common | SOLE |
| 922908652 | VXF | VANGUARD INDEX FDS | $1.1M | 0.01% | 5,963 | Common | SOLE |
| 78463V107 | GLD | SPDR GOLD TR | $1.1M | 0.01% | 3,755 | Common | SOLE |
| 032654105 | ADI | ANALOG DEVICES INC | $1.1M | 0.01% | 4,751 | Common | SOLE |
| 72201H108 | PFL | PIMCO INCOME STRATEGY FD | $1.1M | 0.01% | 134,825 | Common | SOLE |
| 459200101 | IBM | INTERNATIONAL BUSINESS MACHS | $1.1M | 0.01% | 3,770 | Common | SOLE |
| 064058100 | BK | BANK NEW YORK MELLON CORP | $1.1M | 0.01% | 12,064 | Common | SOLE |
| 09254E103 | MYI | BLACKROCK MUNIYIELD QUALITY | $1.1M | 0.01% | 104,299 | Common | SOLE |
| 92189F791 | GDXJ | VANECK ETF TRUST | $1.1M | 0.01% | 16,088 | Common | SOLE |
| 829933100 | SIRI | SIRIUSXM HOLDINGS INC | $1.1M | 0.01% | 47,065 | Common | SOLE |
| 670100205 | NVO | NOVO-NORDISK A S | $1.1M | 0.01% | 15,598 | Common | SOLE |
| 651639106 | NEM | NEWMONT CORP | $1.1M | 0.01% | 18,261 | Common | SOLE |
| 74347W130 | SVXY | PROSHARES TR II | $1.0M | 0.01% | 24,344 | Common | SOLE |
| 19247L106 | RQI | COHEN & STEERS QUALITY INCOM | $1.0M | 0.01% | 81,227 | Common | SOLE |
| 747525103 | QCOM | QUALCOMM INC | $1.0M | 0.01% | 6,333 | Common | SOLE |
| 46428Q109 | SLV | ISHARES SILVER TR | $1.0M | 0.01% | 30,690 | Common | SOLE |
| 812215200 | SEG | SEAPORT ENTMT GROUP INC | $993,299 | 0.01% | 53,260 | Common | SOLE |
| 09255X100 | XFRAX | BLACKROCK FLOATING RATE INCO | $970,652 | 0.01% | 73,870 | Common | SOLE |
| 031162100 | AMGN | AMGEN INC | $964,950 | 0.01% | 3,456 | Common | SOLE |
| 235851102 | DHR | DANAHER CORPORATION | $964,785 | 0.01% | 4,884 | Common | SOLE |
| 088929104 | BGC | BGC GROUP INC | $935,756 | 0.01% | 91,472 | Common | SOLE |
| 92189K105 | HODL | VANECK BITCOIN ETF | $929,944 | 0.01% | 30,520 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $925,798 | 0.01% | 5,219 | Common | SOLE |
| 74834L100 | DGX | QUEST DIAGNOSTICS INC | $916,113 | 0.01% | 5,100 | Common | SOLE |
| G16252101 | BIP | BROOKFIELD INFRAST PARTNERS | $910,228 | 0.01% | 27,171 | Common | SOLE |
| 02043Q107 | ALNY | ALNYLAM PHARMACEUTICALS INC | $899,682 | 0.01% | 2,759 | Common | SOLE |
| 56585A102 | MPC | MARATHON PETE CORP | $896,163 | 0.01% | 5,395 | Common | SOLE |
| 055622104 | BP | BP PLC | $883,354 | 0.01% | 29,514 | Common | SOLE |
| 75508B104 | RYAM | RAYONIER ADVANCED MATLS INC | $860,475 | 0.01% | 223,500 | Common | SOLE |
| Y8162K204 | SBLK | STAR BULK CARRIERS CORP. | $854,825 | 0.01% | 49,555 | Common | SOLE |
| 37045V100 | GM | GENERAL MTRS CO | $853,449 | 0.01% | 17,343 | Common | SOLE |
| 125896100 | CMS | CMS ENERGY CORP | $851,936 | 0.01% | 12,297 | Common | SOLE |
| 92189H607 | OIH | VANECK ETF TRUST | $850,089 | 0.01% | 3,691 | Common | SOLE |
| 38141G104 | GS | GOLDMAN SACHS GROUP INC | $844,346 | 0.01% | 1,193 | Common | SOLE |
| 655844108 | NSC | NORFOLK SOUTHN CORP | $837,790 | 0.01% | 3,273 | Common | SOLE |
| 314211103 | FHI | FEDERATED HERMES INC | $835,609 | 0.01% | 18,854 | Common | SOLE |
| 046353108 | AZNN | ASTRAZENECA PLC | $835,206 | 0.01% | 11,952 | Common | SOLE |
| 754907103 | RYN | RAYONIER INC | $823,903 | 0.01% | 37,146 | Common | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $821,123 | 0.01% | 1,329 | Common | SOLE |
| 36828A101 | GEV | GE VERNOVA INC | $794,254 | 0.01% | 1,501 | Common | SOLE |
| 863667101 | SYK | STRYKER CORPORATION | $791,260 | 0.01% | 2,000 | Common | SOLE |
| 920253101 | VMI | VALMONT INDS INC | $775,930 | 0.01% | 2,376 | Common | SOLE |
| 892672106 | TW | TRADEWEB MKTS INC | $773,431 | 0.01% | 5,283 | Common | SOLE |
| 278642103 | EBAY | EBAY INC. | $746,685 | 0.01% | 10,028 | Common | SOLE |
| 136069101 | CM | CANADIAN IMPERIAL BK COMM | $743,715 | 0.01% | 10,500 | Common | SOLE |
| 084670108 | BRK/A | BERKSHIRE HATHAWAY INC DEL | $728,800 | 0.01% | 1 | Common | SOLE |
| 254687106 | DIS | DISNEY WALT CO | $727,360 | 0.01% | 5,865 | Common | SOLE |
| 962166104 | WY | WEYERHAEUSER CO MTN BE | $726,348 | 0.01% | 28,274 | Common | SOLE |
| 260557103 | DOW | DOW INC | $719,276 | 0.01% | 27,163 | Common | SOLE |
| 439913104 | HKHC | HORIZON KINETICS HLDG CORP | $703,609 | 0.01% | 16,363 | Common | SOLE |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $697,234 | 0.01% | 2,405 | Common | SOLE |
| 609207105 | MDLZ | MONDELEZ INTL INC | $696,520 | 0.01% | 10,328 | Common | SOLE |
| 258622109 | DSL | DOUBLELINE INCOME SOLUTIONS | $686,076 | 0.01% | 56,052 | Common | SOLE |
| 393657101 | GBX | GREENBRIER COS INC | $676,935 | 0.01% | 14,700 | Common | SOLE |
| 49435R102 | KRP | KIMBELL RTY PARTNERS LP | $640,731 | 0.01% | 45,898 | Common | SOLE |
| G01767105 | ALKS | ALKERMES PLC | $631,308 | 0.01% | 22,066 | Common | SOLE |
| 363576109 | AJG | GALLAGHER ARTHUR J & CO | $626,475 | 0.01% | 1,957 | Common | SOLE |
| 531229722 | LLYVK* | LIBERTY MEDIA CORP DEL | $626,393 | 0.01% | 7,718 | Common | SOLE |
| 78468R549 | XES | SPDR SERIES TRUST | $615,178 | 0.01% | 9,697 | Common | SOLE |
| 09253R105 | XMVFX | BLACKROCK MUNIVEST FD INC | $612,387 | 0.01% | 93,068 | Common | SOLE |
| 172967424 | C | CITIGROUP INC | $603,416 | 0.01% | 7,089 | Common | SOLE |
| 09254C107 | — | BLACKROCK MUNIHOLDINGS QUALI | $589,457 | 0.01% | 61,530 | Common | SOLE |
| 921937827 | BSV | VANGUARD BD INDEX FDS | $588,519 | 0.01% | 7,478 | Common | SOLE |
| 526057104 | LEN | LENNAR CORP | $587,118 | 0.01% | 5,308 | Common | SOLE |
| 38963Q107 | ETCG | GRAYSCALE ETHEREUM CLASSIC TRUST | $583,126 | 0.01% | 70,682 | Common | SOLE |
| 911363109 | URI | UNITED RENTALS INC | $569,570 | 0.01% | 756 | Common | SOLE |
| 29250N105 | ENB | ENBRIDGE INC | $567,950 | 0.01% | 12,532 | Common | SOLE |
| 092508100 | BTZ | BLACKROCK CR ALLOCATION INCO | $557,171 | 0.01% | 51,023 | Common | SOLE |
| G29183103 | ETN | EATON CORP PLC | $555,119 | 0.01% | 1,555 | Common | SOLE |
| Y2001C101 | CMDB | COSTAMARE BULKERS HLDGS LTD | $548,378 | 0.01% | 63,250 | Common | SOLE |
| 464285204 | IAU | ISHARES GOLD TR | $541,908 | 0.01% | 8,690 | Common | SOLE |
| 89679M104 | TFPM | TRIPLE FLAG PRECIOUS METAL | $540,392 | 0.01% | 22,811 | Common | SOLE |
| 315948109 | FBTC | FIDELITY WISE ORIGIN BITCOIN | $533,957 | 0.01% | 5,681 | Common | SOLE |
| 46137V357 | RSP | INVESCO EXCHANGE TRADED FD T | $530,697 | 0.01% | 2,920 | Common | SOLE |
| 053015103 | ADP | AUTOMATIC DATA PROCESSING IN | $522,738 | 0.01% | 1,695 | Common | SOLE |
| 67079K100 | SMR | NUSCALE PWR CORP | $512,302 | 0.01% | 12,950 | Common | SOLE |
| 74347X831 | TQQQ | PROSHARES TR | $508,292 | 0.01% | 6,124 | Common | SOLE |
| 540424108 | L | LOEWS CORP | $502,113 | 0.01% | 5,478 | Common | SOLE |
| 49177J102 | KVUE | KENVUE INC | $501,525 | 0.01% | 23,962 | Common | SOLE |
| H17182108 | CRSP | CRISPR THERAPEUTICS AG | $498,025 | 0.01% | 10,239 | Common | SOLE |
| 09253T101 | XMVTX | BLACKROCK MUNIVEST FD II INC | $494,596 | 0.01% | 47,926 | Common | SOLE |
| 505743104 | LADR | LADDER CAP CORP | $494,500 | 0.01% | 46,000 | Common | SOLE |
| 74347G192 | — | PROSHARES TR | $491,716 | 0.01% | 25,126 | Common | SOLE |
| 92189F106 | GDX | VANECK ETF TRUST | $487,326 | 0.01% | 9,361 | Common | SOLE |
| 462222100 | IONS | IONIS PHARMACEUTICALS INC | $472,224 | 0.01% | 11,952 | Common | SOLE |
| 67070X101 | NZF | NUVEEN MUNICIPAL CREDIT INC | $464,308 | 0.01% | 38,952 | Common | SOLE |
| 09247D105 | XBKNX | BLACKROCK INVT QUALITY MUN T | $460,354 | 0.01% | 42,157 | Common | SOLE |
| 74347Y730 | VIXY | PROSHARES TR II | $457,500 | 0.01% | 6,100 | CALL | SOLE |
| 67066X107 | NAN | NUVEEN NEW YORK QLT MUN INC | $453,764 | 0.01% | 39,769 | Common | SOLE |
| 464288174 | WOOD | ISHARES TR | $451,495 | 0.01% | 6,155 | Common | SOLE |
| 53656H835 | JAPN | LISTED FDS TR | $439,971 | 0.01% | 15,691 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $433,148 | 0.01% | 587 | Common | SOLE |
| 09254G108 | XMQTX | BLACKROCK MUNIYIELD QUALITY | $423,678 | 0.01% | 43,950 | Common | SOLE |
| 48251W104 | KKR | KKR & CO INC | $422,769 | 0.01% | 3,178 | Common | SOLE |
| 85207H104 | PHYS | SPROTT PHYSICAL GOLD TR | $421,672 | 0.01% | 16,634 | Common | SOLE |
| 57060D108 | MKTX | MARKETAXESS HLDGS INC | $418,539 | 0.00% | 1,874 | Common | SOLE |
| 64110L106 | NFLX | NETFLIX INC | $416,469 | 0.00% | 311 | Common | SOLE |
| 67074C103 | NBB | NUVEEN TAXABLE MUNICPAL INM | $413,377 | 0.00% | 26,130 | Common | SOLE |
| 258623107 | DBL | DOUBLELINE OPPORTUNISTIC CR | $412,492 | 0.00% | 26,820 | Common | SOLE |
| 72200T103 | — | PIMCO NEW YORK MUN INCOME FD | $412,102 | 0.00% | 58,956 | Common | SOLE |
| 008252108 | AMG | AFFILIATED MANAGERS GROUP IN | $410,265 | 0.00% | 2,085 | Common | SOLE |
| 64124P101 | NBH | NEUBERGER BERMAN MUN FD INC | $408,230 | 0.00% | 41,529 | Common | SOLE |
| 11135F101 | AVGO | BROADCOM INC | $399,141 | 0.00% | 1,448 | Common | SOLE |
| 607828100 | MOD | MODINE MFG CO | $387,105 | 0.00% | 3,930 | Common | SOLE |
| 05605H100 | BWXT | BWX TECHNOLOGIES INC | $383,920 | 0.00% | 2,665 | Common | SOLE |
| 09062X103 | BIIB | BIOGEN INC | $381,542 | 0.00% | 3,038 | Common | SOLE |
| 55616P104 | M | MACYS INC | $378,950 | 0.00% | 32,500 | Common | SOLE |
| 75886F107 | REGN | REGENERON PHARMACEUTICALS | $370,125 | 0.00% | 705 | Common | SOLE |
| 258278100 | DORM | DORMAN PRODS INC | $368,010 | 0.00% | 3,000 | Common | SOLE |
| 31423P108 | FMN | FEDERATED HERMES PREM MUNI I | $365,590 | 0.00% | 34,360 | Common | SOLE |
| 29270J100 | ERII | ENERGY RECOVERY INC | $363,463 | 0.00% | 28,440 | Common | SOLE |
| 922908769 | VTI | VANGUARD INDEX FDS | $359,245 | 0.00% | 1,182 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $358,483 | 0.00% | 1,634 | Common | SOLE |
| 03027X100 | AMT | AMERICAN TOWER CORP NEW | $353,632 | 0.00% | 1,600 | Common | SOLE |
| 00206R102 | T | AT&T INC | $350,818 | 0.00% | 12,122 | Common | SOLE |
| 713448108 | PEP | PEPSICO INC | $348,586 | 0.00% | 2,640 | Common | SOLE |
| 029899101 | AWR | AMER STATES WTR CO | $342,517 | 0.00% | 4,468 | Common | SOLE |
| 674599105 | OXY | OCCIDENTAL PETE CORP | $341,583 | 0.00% | 8,131 | Common | SOLE |
| 74762E102 | QURE | QUANTA SVCS INC | $340,272 | 0.00% | 900 | Common | SOLE |
| 27828Q105 | XEFRX | EATON VANCE SR FLTNG RTE TR | $336,948 | 0.00% | 27,801 | Common | SOLE |
| 15189T107 | CNP | CENTERPOINT ENERGY INC | $335,546 | 0.00% | 9,133 | Common | SOLE |
| 172908105 | CTAS | CINTAS CORP | $332,745 | 0.00% | 1,493 | Common | SOLE |
| 001055102 | AFL | AFLAC INC | $316,380 | 0.00% | 3,000 | Common | SOLE |
| 67071L106 | NVG | NUVEEN AMT FREE MUN CR INC F | $313,473 | 0.00% | 26,276 | Common | SOLE |
| 92343V104 | VZ | VERIZON COMMUNICATIONS INC | $302,592 | 0.00% | 6,993 | Common | SOLE |
| 194162103 | CL | COLGATE PALMOLIVE CO | $281,972 | 0.00% | 3,102 | Common | SOLE |
| 500767678 | KRBN | KRANESHARES TRUST | $281,647 | 0.00% | 9,486 | Common | SOLE |
| 53656G514 | NVIR | LISTED FDS TR | $279,550 | 0.00% | 9,181 | Common | SOLE |
| 19247A100 | CNS | COHEN & STEERS INC | $274,349 | 0.00% | 3,641 | Common | SOLE |
| 372460105 | GPC | GENUINE PARTS CO | $272,948 | 0.00% | 2,250 | Common | SOLE |
| 69323T101 | PCM | PCM FD INC | $254,795 | 0.00% | 40,252 | Common | SOLE |
| 030420103 | AWK | AMERICAN WTR WKS CO INC NEW | $254,522 | 0.00% | 1,830 | Common | SOLE |
| 624580106 | MOV | MOVADO GROUP INC | $252,738 | 0.00% | 16,573 | Common | SOLE |
| 531229748 | LLYVA* | LIBERTY MEDIA CORP DEL | $252,270 | 0.00% | 3,174 | Common | SOLE |
| 19260Q107 | COIN | COINBASE GLOBAL INC | $250,600 | 0.00% | 715 | Common | SOLE |
| 091941104 | BGT | BLACKROCK FLOATING RATE INC | $247,621 | 0.00% | 19,778 | Common | SOLE |
| 74347Y755 | — | PROSHARES TR II | $237,500 | 0.00% | 2,500 | CALL | SOLE |
| 548661107 | LOW | LOWES COS INC | $236,957 | 0.00% | 1,068 | Common | SOLE |
| 112830104 | RA | BROOKFIELD REAL ASSETS INCOM | $235,499 | 0.00% | 17,614 | Common | SOLE |
| 36266G107 | GEHC | GE HEALTHCARE TECHNOLOGIES I | $227,839 | 0.00% | 3,076 | Common | SOLE |
| 67073B106 | JPC | NUVEEN PFD & INCOME OPPORTUN | $226,565 | 0.00% | 28,250 | Common | SOLE |
| 27827Y109 | XENWX | EATON VANCE NEW YORK MUN BD | $226,286 | 0.00% | 24,358 | Common | SOLE |
| 247361702 | DAL | DELTA AIR LINES INC DEL | $226,228 | 0.00% | 4,600 | Common | SOLE |
| 459506101 | IFF | INTERNATIONAL FLAVORS&FRAGRA | $224,328 | 0.00% | 3,050 | Common | SOLE |
| 16411Q101 | CQP | CHENIERE ENERGY PARTNERS LP | $224,200 | 0.00% | 4,000 | Common | SOLE |
| 06849F108 | B | BARRICK MNG CORP | $220,692 | 0.00% | 10,600 | Common | SOLE |
| 27827X101 | EIM | EATON VANCE MUN BD FD | $216,908 | 0.00% | 22,431 | Common | SOLE |
| 539830109 | LMT | LOCKHEED MARTIN CORP | $213,971 | 0.00% | 462 | Common | SOLE |
| 097023105 | BA | BOEING CO | $210,787 | 0.00% | 1,006 | Common | SOLE |
| 025816109 | AXP | AMERICAN EXPRESS CO | $208,932 | 0.00% | 655 | Common | SOLE |
| 46133G107 | IQI | INVESCO QUALITY MUN INCOME T | $207,439 | 0.00% | 22,115 | Common | SOLE |
| 22160K105 | COST | COSTCO WHSL CORP NEW | $202,938 | 0.00% | 205 | Common | SOLE |
| 67061T101 | NIM | NUVEEN SELECT MAT MUN FD | $194,790 | 0.00% | 21,500 | Common | SOLE |
| 09253N104 | MHD | BLACKROCK MUNIHOLDINGS FD IN | $193,446 | 0.00% | 17,272 | Common | SOLE |
| 27826S103 | EVF | EATON VANCE SR INCOME TR | $182,820 | 0.00% | 32,130 | Common | SOLE |
| 670682103 | NMZ | NUVEEN MUN HIGH INCOME OPPOR | $179,629 | 0.00% | 17,322 | Common | SOLE |
| 09248L106 | XBNYX | BLACKROCK N Y MUN INCOME TRU | $176,352 | 0.00% | 18,237 | Common | SOLE |
| 72200W106 | PML | PIMCO MUN INCOME FD II | $173,771 | 0.00% | 23,325 | Common | SOLE |
| 27828H105 | XEVVX | EATON VANCE LIMITED DURATION | $160,754 | 0.00% | 15,668 | Common | SOLE |
| 746228303 | PCYO | PURE CYCLE CORP | $155,558 | 0.00% | 14,511 | Common | SOLE |
| 278279104 | EFT | EATON VANCE FLTING RATE INC | $149,760 | 0.00% | 12,000 | Common | SOLE |
| 09249N101 | BLE | BLACKROCK MUNI INCOME TR II | $144,837 | 0.00% | 14,426 | Common | SOLE |
| 405552100 | HLN | HALEON PLC | $139,902 | 0.00% | 13,491 | Common | SOLE |
| 389638107 | ETHE | GRAYSCALE ETHEREUM TRUST ETF | $139,407 | 0.00% | 6,683 | Common | SOLE |
| 45826J105 | NTLA | INTELLIA THERAPEUTICS INC | $129,369 | 0.00% | 13,792 | Common | SOLE |
| 46131T101 | VTN | INVESCO TR INVT GRADE NEW YO | $128,141 | 0.00% | 12,274 | Common | SOLE |
| 76029N106 | REPL | REPLIMUNE GROUP INC | $128,128 | 0.00% | 13,792 | Common | SOLE |
| 59318D104 | CXE | MFS HIGH INCOME MUN TR | $123,918 | 0.00% | 34,614 | Common | SOLE |
| 921659108 | VNDA | VANDA PHARMACEUTICALS INC | $117,169 | 0.00% | 24,824 | Common | SOLE |
| 46132X101 | OIA | INVESCO MUNI INCOME OPP TRST | $114,488 | 0.00% | 19,911 | Common | SOLE |
| 363225202 | GALT | GALECTIN THERAPEUTICS INC | $108,631 | 0.00% | 51,484 | Common | SOLE |
| 670928100 | NUV | NUVEEN MUN VALUE FD INC | $107,322 | 0.00% | 12,350 | Common | SOLE |
| 27826U108 | EVN | EATON VANCE MUNI INCOME TRUS | $102,443 | 0.00% | 10,014 | Common | SOLE |
| 088786108 | BCYC | BICYCLE THERAPEUTICS PLC | $95,854 | 0.00% | 13,792 | Common | SOLE |
| 27828A100 | XEVMX | EATON VANCE CALIF MUN BD FD | $95,257 | 0.00% | 10,679 | Common | SOLE |
| 51654W101 | LTRN | LANTERN PHARMA INC | $87,159 | 0.00% | 27,582 | Common | SOLE |
| 958435109 | SBI | WESTERN ASSET INTER MUNI FD | $85,232 | 0.00% | 11,334 | Common | SOLE |
| 30049H102 | EVLV | EVOLV TECHNOLOGIES HLDNGS IN | $84,240 | 0.00% | 13,500 | Common | SOLE |
| 28106W103 | EDIT | EDITAS MEDICINE INC | $66,858 | 0.00% | 30,390 | Common | SOLE |
| 46131H107 | VVR | INVESCO SR INCOME TR | $56,460 | 0.00% | 14,858 | Common | SOLE |
| 72201E105 | — | PIMCO NEW YORK MUN INCOME FD | $54,260 | 0.00% | 10,355 | Common | SOLE |
| 38964G108 | ZCSH | GRAYSCALE ZCASH TR ZEC COM | $53,864 | 0.00% | 15,173 | Common | SOLE |
| 88162F105 | TTI | TETRA TECHNOLOGIES INC DEL | $45,696 | 0.00% | 13,600 | Common | SOLE |
| 95766K109 | HIO | WESTERN ASSET HIGH INCOME OP | $40,087 | 0.00% | 10,072 | Common | SOLE |
| 019770106 | ALLO | ALLOGENE THERAPEUTICS INC | $20,778 | 0.00% | 18,388 | Common | SOLE |
| 38964R203 | ETH | GRAYSCALE ETHEREUM MINI TR E | $15,774 | 0.00% | 665 | Common | SOLE |
| 09173B107 | 1B2 | BITFARMS LTD | $15,376 | 0.00% | 18,300 | Common | SOLE |
| 69404D108 | PACB | PACIFIC BIOSCIENCES CALIF IN | $13,682 | 0.00% | 11,034 | Common | SOLE |
| 38963U108 | GBAT | GRAYSCALE BASIC ATTENTION | $2,507 | 0.00% | 2,089 | Common | SOLE |
| 38964P108 | MANA | GRAYSCALE DECENTRALAND TRUST | $1,313 | 0.00% | 691 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.