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.
Shares Held
Asset Size
% Top 10
2559
$9.93B
70.51%
Latest2025Q3
Top BuysHKHC (US)
Top SellsSSL (CA)
Latest Changes
Indicators
Latest (2025Q3)
Previous (2025Q2)
Change
Mkt Value (report date)
9.93B
8.85B
+12.15%
Shares Held
2559
2677
-4.41%
Buys
87
132
-34.09%
Sells
809
816
-0.86%
Sector Allocation
No.
Name
% Portfolio
Shares Traded
Mkt Value (Date)
Market Value
Shares Held
Report Date
4
Wheaton Precious Metals Ord Shs (CA)
WPM
3.15%
-193.37K
$312.39M
$312.27M
2.79M
2025-09-30
6
Franco Nevada Ord Shs (CA)
FNV
2.27%
-31.18K
$225.29M
$225.67M
1.01M
2025-09-30
Latest Trades
No.
Name
Action
Shares Traded
% Change
Shares Held
Mkt Value (Date)
Report Date
Urbana Ord Shs Class A (CA)
URBa
Buy
+770.37K
+12.00%
5.61M
$38.91M
2026-01-31
9
Hellenic Exchanges Ord Shs (GR)
EXCr
Sell
-19.56K
-3.80%
486.40K
$3.42M
2026-01-31
10
IG Port Ord Shs (JP)
3791
Buy
+18.18K
+3.50%
488.08K
$3.84M
2026-01-31


