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.
Sector Allocation
Level 3 sector breakdown
Level 1 sector breakdown
Level 2 sector breakdown
Level 3 sector breakdown
Oil & Gas
Investment Banking & Investment Services
Metals & Mining
Electric Utilities & IPPs
Software & IT Services
Oil & Gas Related Equipment and Services
Specialty Retailers
Media & Publishing
Food & Tobacco
Professional & Commercial Services
Insurance
Other
Holdings
2025Q2
2025Q2
2025Q1
2024Q4
2024Q3
2024Q2
2024Q1
2023Q4
2023Q3
2023Q2
No.
Name
% Portfolio
Shares Traded
Mkt Value (Date)
Market Value
Shares Held
Industry
Report Date
4
Miami International Holdings Ord Shs (US)
MIAX
3.17%
+8.40M
$279.67M
--
8.40M
Investment Banking & Investment Services
2025-08-19
5
Wheaton Precious Metals Ord Shs (CA)
WPM
3.05%
+28.79K
$268.69M
$268.10M
2.99M
Metals & Mining
2025-06-30
1.96%
0.00
$173.07M
$173.07M
16.28M
Electric Utilities & IPPs
2025-06-30
7
Franco Nevada Ord Shs (CA)
FNV
1.94%
+26.77K
$171.46M
$171.06M
1.04M
Metals & Mining
2025-06-30
1.73%
+13.50K
$152.60M
$152.60M
831.76K
Investment Banking & Investment Services
2025-06-30
1.34%
+816.00
$118.09M
$118.09M
484.91K
Oil & Gas Related Equipment and Services
2025-06-30
