Murray Stahl
Horizon Kinetics Asset Management LLC
"Murray Stahl is Chief Executive Officer, Chairman of the Board of Horizon Kinetics and is a co-founder of the firm. He has over thirty years of investing experience and is responsible for overseeing the firm’s proprietary research. Murray serves as the firm’s Chief Investment Officer and chairs the Investment Committee, which is responsible for portfolio management decisions.
Latest Changes
Indicators
Latest (2025Q2)
Previous (2025Q1)
Change
Mkt Value (report date)
9.02B
9.37B
-3.75%
Shares Held
2622
2322
+12.92%
Buys
582
193
+201.55%
Sells
170
302
-43.71%
Sector Allocation
No.
Name
% Portfolio
Shares Traded
Mkt Value (Date)
Market Value
Shares Held
Report Date
4
Miami International Holdings Ord Shs (US)
MIAX
3.50%
+8.40M
$315.71M
--
8.40M
2025-08-19
5
Wheaton Precious Metals Ord Shs (CA)
WPM
2.98%
+28.79K
$268.69M
$268.10M
2.99M
2025-06-30
7
Franco Nevada Ord Shs (CA)
FNV
1.90%
+26.77K
$171.46M
$171.06M
1.04M
2025-06-30
8
WaterBridge Infrastructure Ord Shs Class A (US)
WBI
1.78%
+6.36M
$160.36M
--
6.36M
2025-09-17
Latest Trades
No.
Name
Action
Shares Traded
% Change
Shares Held
Mkt Value (Date)
Report Date
Kodiak AI Ord Shs (US)
KDK
Exit
-49.14K
-100.00%
0.00
$0.00
2025-09-30
Churchill Capital X Ord Shs Class A (US)
CCCX
Exit
-38.06K
-100.00%
0.00
$0.00
2025-09-30
5
WaterBridge Infrastructure Ord Shs Class A (US)
WBI
New
+6.36M
+50.00%
6.36M
$160.36M
2025-09-17
6
Deterra Royalties Ord Shs (AU)
DRR
Sell
-114.62K
-2.00%
5.61M
$15.36M
2025-08-31
7
Glencore Ord Shs (GB)
GLEN
Sell
-96.46K
-2.00%
4.72M
$18.65M
2025-08-31
8
Wilmar International Ord Shs (SG)
WLIL
Sell
-89.47K
-2.00%
4.38M
$10.08M
2025-08-31
10
Indigo Acquisition Units (US)
INACU
Exit
-64.50K
-100.00%
0.00
$0.00
2025-08-31
