Kinetics Small Cap Opportunities Portfolio

Fund Profile

Fund profile

Fund manager

Kinetics Portfolios Trust

Total assets

$469.70 mm

Liabilities

$4.24 mm

Net assets

$465.46 mm

Number of holdings

57.00

57 Holdings

As of Dec 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
TPL Texas Pacific Land Corporation	247.99 mm	224.23 k shares	53.28	Common equity	Long	USA
US BANK MMDA - USBGFS 7	71.75 mm	71.75 mm shares	15.42	Short-term investment vehicle	Long	USA
LB LandBridge Co LLC	25.52 mm	395.00 k shares	5.48	Common equity	Long	USA
GBTC Grayscale Bitcoin Trust ETF (BTC)	22.21 mm	300.00 k shares	4.77	Common equity	Long	USA
CACI CACI International Inc	20.20 mm	50.00 k shares	4.34	Common equity	Long	USA
CVEO Civeo Corporation	12.68 mm	558.03 k shares	2.72	Common equity	Long	USA
DREAM Unlimited Corp	10.48 mm	681.20 k shares	2.25	Common equity	Long	Canada
CCL Carnival Corporation & plc	7.38 mm	296.00 k shares	1.58	Common equity	Long	USA
IPAR Inter Parfums, Inc.	7.00 mm	53.20 k shares	1.50	Common equity	Long	USA
AC Associated Capital Group, Inc.	6.53 mm	190.50 k shares	1.40	Common equity	Long	USA
WTM White Mountains Insurance Group, Ltd.	4.48 mm	2.30 k shares	0.96	Common equity	Long	USA
Urbana Corp	4.44 mm	1.10 mm shares	0.95	Common equity	Long	Canada
LYV Live Nation Entertainment, Inc.	3.02 mm	23.30 k shares	0.65	Common equity	Long	USA
WEN The Wendy's Company	2.65 mm	162.60 k shares	0.57	Common equity	Long	USA
BTC Grayscale Bitcoin Mini Trust (BTC)	2.51 mm	60.00 k shares	0.54	Common equity	Long	USA
Partners Value Investments LP	2.37 mm	160.00 k shares	0.51	Equity derivative	N/A	Canada
SAIC Science Applications International Corporation	2.19 mm	19.60 k shares	0.47	Common equity	Long	USA
Galaxy Digital Holdings Ltd	2.07 mm	119.20 k shares	0.45	Common equity	Long	USA
Howard Hughes Holdings Inc.	1.46 mm	19.00 k shares	0.31	Common equity	Long	USA
PrairieSky Royalty Ltd	1.40 mm	72.00 k shares	0.30	Common equity	Long	Canada
HE Hawaiian Electric Industries, Inc.	1.40 mm	144.00 k shares	0.30	Common equity	Long	USA
DBRG DigitalBridge Group, Inc.	1.40 mm	124.00 k shares	0.30	Common equity	Long	USA
MSB Mesabi Trust	1.24 mm	44.20 k shares	0.27	Common equity	Long	USA
PBT Permian Basin Royalty Trust	1.10 mm	99.60 k shares	0.24	Common equity	Long	USA
TRC Tejon Ranch Co.	653.76 k	41.12 k shares	0.14	Common equity	Long	USA
BRAEMAR PLC	556.01 k	189.80 k shares	0.12	Common equity	Long	UK
IG Port Inc	490.54 k	32.00 k shares	0.11	Common equity	Long	Japan
BAH Booz Allen Hamilton Holding Corporation	437.58 k	3.40 k shares	0.09	Common equity	Long	USA
Rubis SCA	351.25 k	14.20 k shares	0.08	Common equity	Long	France
GAMI GAMCO Investors, Inc.	333.68 k	13.80 k shares	0.07	Common equity	Long	USA
Toei Animation Co Ltd	314.53 k	14.00 k shares	0.07	Common equity	Long	Japan
CWGL Crimson Wine Group, Ltd.	313.06 k	49.30 k shares	0.07	Common equity	Long	USA
WPM Wheaton Precious Metals Corp.	281.20 k	5.00 k shares	0.06	Common equity	Long	Canada
LICT Lynch Interactive Corp	225.68 k	16.00 shares	0.05	Common equity	Long	USA
EXP Eagle Materials Inc.	198.40 k	804.00 shares	0.04	Common equity	Long	USA
CRAI CRA International, Inc.	191.69 k	1.02 k shares	0.04	Common equity	Long	USA
Fairfax India Holdings Corp	134.43 k	8.40 k shares	0.03	Common equity	Long	Canada
Clarkson PLC	118.83 k	2.40 k shares	0.03	Common equity	Long	UK
Urbana Corp	114.37 k	29.20 k shares	0.02	Common equity	Long	Canada
DDEJF Dundee Corporation	98.01 k	99.00 k shares	0.02	Common equity	Long	Canada
AN AutoNation, Inc.	88.32 k	520.00 shares	0.02	Common equity	Long	USA
PAG Penske Automotive Group, Inc.	76.22 k	500.00 shares	0.02	Common equity	Long	USA
Pason Systems Inc	75.75 k	8.00 k shares	0.02	Common equity	Long	Canada
SEG Seaport Entertainment Group Inc	60.54 k	2.17 k shares	0.01	Common equity	Long	USA
MSGN MSG Networks Inc.	54.16 k	240.00 shares	0.01	Common equity	Long	USA
RCL Royal Caribbean Cruises Ltd.	46.14 k	200.00 shares	0.01	Common equity	Long	USA
MGR Affiliated Managers Group, Inc.	43.27 k	234.00 shares	0.01	Common equity	Long	USA
OSK Oshkosh Corporation	38.03 k	400.00 shares	0.01	Common equity	Long	USA
RBA RB Global, Inc.	36.08 k	400.00 shares	0.01	Common equity	Long	USA
ARIS Aris Water Solutions, Inc.	34.49 k	1.44 k shares	0.01	Common equity	Long	USA
SPHR Sphere Entertainment Co.	31.13 k	772.00 shares	0.01	Common equity	Long	USA
MSGE Madison Square Garden Entertainment Corp.	27.48 k	772.00 shares	0.01	Common equity	Long	USA
ODC Oil-Dri Corporation of America	17.53 k	200.00 shares	0.00	Common equity	Long	USA
TFPM Triple Flag Precious Metals Corp.	10.83 k	720.00 shares	0.00	Common equity	Long	Canada
LBRT Liberty Energy Inc.	7.96 k	400.00 shares	0.00	Common equity	Long	USA
FAXRF Fairfax Financial Holdings Limited	5.56 k	4.00 shares	0.00	Common equity	Long	Canada
ETCG Grayscale Ethereum Classic Trust (ETC)	646.20	60.00 shares	0.00	Common equity	Long	USA