Welcome to our dedicated page for Horizon Kinetics SEC filings (Ticker: HKHC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Horizon Kinetics Holding Corporation filings document the reporting record of an asset-management holding company with advisory subsidiaries, investment products and OTC-traded common stock. The company’s 8-K reports disclose operating and financial results, dividend actions, material agreements, capital-structure matters and executive succession events.
Proxy materials describe annual meeting procedures, director elections, shareholder voting matters, board governance and executive compensation. Filings also record Horizon Kinetics Asset Management LLC’s relationship to managed mutual funds, ETFs, private funds and separately managed accounts, along with disclosures involving significant holdings and governance arrangements connected to Texas Pacific Land Corporation.
Horizon Kinetics Holding Corp Chief Financial Officer Mark Herndon bought 100 shares of common stock in an open-market transaction at $27.85 per share. After this purchase, he directly holds 300 common shares of Horizon Kinetics Holding Corp.
Horizon Kinetics Holding Corp director Brent D. Rosenthal bought 700 shares of common stock in an open-market purchase$27.85 per share on the transaction date and now directly holds 2,450 common shares following this trade.
Horizon Kinetics Holding Corporation reported sharply higher profitability for the quarter ended March 31, 2026, driven by investment gains and incentive fees. Net income attributable to the company rose to $72.5 million, or $3.89 per share, compared with $22.8 million, or $1.23 per share a year earlier.
Total net income was $208.3 million, boosted by strong results in consolidated investment products and a $36.2 million unrealized gain on its own investment portfolio, primarily from Texas Pacific Land Corporation. Management and advisory fees declined modestly to $18.2 million, while assets under management increased to $11.4 billion, reflecting significant market appreciation in key holdings.
Horizon Kinetics Holding Corporation reported a sharp increase in profitability for the quarter ended March 31, 2026, driven by incentive and investment income. Net income attributable to the company rose to $72.5 million, or $3.89 per share, compared with $22.8 million, or $1.23, a year earlier.
On an “advisor only” basis (excluding consolidated private funds), management and advisory fee revenue increased to $38.9 million, an 84% rise from the first quarter of 2025, helped by $18.1 million of incentive fees related to MIAX investments and higher INFL ETF revenue. Assets under management grew to $11.4 billion, up 19% from December 31, 2025. The board declared a quarterly cash dividend of $0.127 per share.
Horizon Kinetics Holding Corporation entered into a Board Representative Agreement with Texas Pacific Land Corporation on May 5, 2026. Under this agreement, the TPL board agreed to nominate a Horizon designee for election to its board at TPL’s 2026 annual stockholders’ meeting, subject to committee approval.
Horizon selected Peter Doyle as its designee, and he was appointed to the TPL board and its strategic acquisitions committee on May 6, 2026. The agreement also creates mutual non-disparagement and limits Horizon’s ability to run proxy contests or propose alternative governance or transaction changes at TPL while Doyle serves and through completion of the next TPL stockholders’ meeting.
Horizon Kinetics Holding Corporation has called its 2026 annual stockholder meeting for June 9, 2026, in a hybrid in‑person and virtual format. Stockholders will vote on electing six directors, ratifying CBIZ CPAs P.C. as auditor for 2026, and approving, on an advisory basis, executive compensation.
The proxy describes leadership succession following the April 2026 passing of co‑founder and former CEO Murray Stahl, with Steven Bregman and Peter Doyle appointed as Co‑Chief Executive Officers. It also outlines 2025 results, including 31% revenue growth, a $9.1 million (13%) reduction in operating expenses, and $9.6 billion in assets under management, and explains a cash‑based pay program with no current equity awards or executive employment contracts.
Horizon Kinetics Holding Corporation announced that Chairman and Chief Executive Officer Murray Stahl passed away on April 7, 2026. Stahl co-founded the firm in 1994 and helped build it into a publicly traded company with a market capitalization of approximately $600 million and a debt-free balance sheet.
To implement its succession plan, the company appointed co-founders Steven Bregman and Peter Doyle as Co-Chief Executive Officers and formed a Founders’ Committee with fellow co-founder Tom Ewing to oversee a seamless transition of responsibilities. The company emphasizes its continued commitment to executing Stahl’s long-term vision for clients and shareholders.
Horizon Kinetics Holding Corp insider Murray Stahl filed an amended Form 4 reporting small open-market purchases of HKHC common stock. On March 20, 2026, he bought 10 shares directly and entities associated with him bought 25 and 18 shares, all at $34.60 per share, totaling 53 shares.
The amendment also corrects previously overstated beneficial ownership figures. After these trades, reported holdings include 249,204 shares directly and large indirect positions such as 8,216,801 shares through Horizon Common Inc., 823,923 shares through FRMO Corp., and additional smaller stakes via several affiliated entities and his spouse. Footnotes state Stahl exercises investment discretion over certain entity-held shares and disclaims beneficial ownership beyond his pecuniary interest.
Horizon Kinetics Holding Corp insider activity shows a modest net buy. CEO and CIO Murray Stahl reported open‑market purchases of a total of 53 shares of Common Stock at $34.60 per share on March 20, 2026, split between direct and entity accounts.
He bought 10 shares directly, while 25 shares were purchased through Horizon Common Inc. and 18 shares through Horizon Kinetics Hard Assets, LLC. After these trades, his direct holding stands at 249,214 shares, and Horizon Common Inc. reports 8,216,801 shares indirectly attributed to him.
Additional indirect holdings are reported via his spouse, FRMO Corp., several Kinetics partnerships, and Horizon Kinetics Asset Management LLC. Footnotes state Stahl exercises investment discretion in these entities and disclaims beneficial ownership except to the extent of his pecuniary interest.
Horizon Kinetics Holding Corp director buys additional shares in the open market. Director Allison Nagelberg purchased 150 shares of common stock at $33.96 per share, bringing her direct holdings to 400 shares. This is a small open-market purchase that modestly increases her personal stake in the company.