Kinetics Market Opportunities Portfolio

Fund Profile

Fund profile

Fund manager

Kinetics Portfolios Trust

Total assets

$224.93 mm

Liabilities

$1.88 mm

Net assets

$223.05 mm

Number of holdings

70.00

70 Holdings

As of Dec 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
TPL Texas Pacific Land Corporation	120.53 mm	108.98 k shares	54.04	Common equity	Long	USA
GBTC Grayscale Bitcoin Trust ETF (BTC)	44.33 mm	598.87 k shares	19.87	Common equity	Long	USA
US BANK MMDA - USBGFS 7	13.72 mm	13.72 mm shares	6.15	Short-term investment vehicle	Long	USA
BTC Grayscale Bitcoin Mini Trust (BTC)	5.01 mm	119.77 k shares	2.25	Common equity	Long	USA
Partners Value Investments LP	4.84 mm	43.52 k shares	2.17	Common equity	Long	Canada
LB LandBridge Co LLC	4.29 mm	66.40 k shares	1.92	Common equity	Long	USA
WTM White Mountains Insurance Group, Ltd.	2.73 mm	1.40 k shares	1.22	Common equity	Long	USA
AC Associated Capital Group, Inc.	2.64 mm	77.00 k shares	1.18	Common equity	Long	USA
Intercontinental Exchange, Inc.	1.92 mm	12.90 k shares	0.86	Common equity	Long	USA
WPM Wheaton Precious Metals Corp.	1.73 mm	30.80 k shares	0.78	Common equity	Long	Canada
FNV Franco-Nevada Corporation	1.72 mm	14.60 k shares	0.77	Common equity	Long	Canada
Urbana Corp	1.69 mm	419.30 k shares	0.76	Common equity	Long	Canada
Galaxy Digital Holdings Ltd	1.68 mm	96.80 k shares	0.75	Common equity	Long	USA
CBOE Cboe Global Markets, Inc.	1.56 mm	8.00 k shares	0.70	Common equity	Long	USA
Clarkson PLC	1.44 mm	29.00 k shares	0.64	Common equity	Long	UK
GAMI GAMCO Investors, Inc.	1.42 mm	58.60 k shares	0.64	Common equity	Long	USA
PBT Permian Basin Royalty Trust	1.41 mm	127.45 k shares	0.63	Common equity	Long	USA
CME CME Group Inc.	1.35 mm	5.80 k shares	0.60	Common equity	Long	USA
V Visa Inc.	1.26 mm	4.00 k shares	0.57	Common equity	Long	USA
MSB Mesabi Trust	1.04 mm	37.14 k shares	0.47	Common equity	Long	USA
MIAMI INTERNATIONAL HOLDINGS INC	1.03 mm	95.00 k shares	0.46	Common equity	Long	USA
BKKT Bakkt Holdings, Inc.	792.64 k	32.00 k shares	0.36	Common equity	Long	USA
Partners Value Investments LP	643.61 k	43.52 k shares	0.29	Equity derivative	N/A	Canada
DBRG DigitalBridge Group, Inc.	566.26 k	50.20 k shares	0.25	Common equity	Long	USA
NDAQ Nasdaq, Inc.	556.63 k	7.20 k shares	0.25	Common equity	Long	USA
X United States Steel Corporation	554.48 k	18.00 k shares	0.25	Common equity	Long	Canada
MA Mastercard Incorporated	526.57 k	1.00 k shares	0.24	Common equity	Long	USA
Deutsche Boerse AG	414.67 k	1.80 k shares	0.19	Common equity	Long	Germany
HE Hawaiian Electric Industries, Inc.	311.36 k	32.00 k shares	0.14	Common equity	Long	USA
NZX Ltd	297.51 k	364.20 k shares	0.13	Common equity	Long	New Zealand
Landbridge Co LLC	290.58 k	5.00 k shares	0.13	Common equity	Long	USA
ENX Eaton Vance New York Municipal Bond Fund	282.70 k	2.52 k shares	0.13	Common equity	Long	Netherlands
BNT Brookfield Wealth Solutions Ltd.	265.20 k	4.62 k shares	0.12	Common equity	Long	Canada
Partners Value Investments LP	213.09 k	11.83 k shares	0.10	Preferred equity	Long	Canada
ASX ASE Technology Holding Co., Ltd.	177.24 k	4.40 k shares	0.08	Common equity	Long	Australia
Urbana Corp	171.16 k	43.70 k shares	0.08	Common equity	Long	Canada
BIGLEAGUE	135.03 k	2.46 k shares	0.06	Common equity	Long	USA
RBA RB Global, Inc.	126.29 k	1.40 k shares	0.06	Common equity	Long	USA
CACI CACI International Inc	121.22 k	300.00 shares	0.05	Common equity	Long	USA
Anglo American PLC	118.00 k	8.00 k shares	0.05	Common equity	Long	UK
AJG Arthur J. Gallagher & Co.	113.54 k	400.00 shares	0.05	Common equity	Long	USA
JPXGY Japan Exchange Group, Inc.	91.35 k	8.20 k shares	0.04	Common equity	Long	Japan
AMRK A-Mark Precious Metals, Inc.	87.68 k	3.20 k shares	0.04	Common equity	Long	USA
London Stock Exchange Group PLC	84.77 k	600.00 shares	0.04	Common equity	Long	UK
Fairfax India Holdings Corp	64.02 k	4.00 k shares	0.03	Common equity	Long	Canada
SPGI S&P Global Inc.	56.28 k	113.00 shares	0.03	Common equity	Long	USA
Hellenic Exchanges - Athens Stock Exchange SA	52.32 k	11.20 k shares	0.02	Common equity	Long	Greece
MIAMI INTERNATIONAL HOLDINGS WARRANT	49.19 k	14.47 k shares	0.02	Equity derivative	N/A	USA
TRC Tejon Ranch Co.	47.70 k	3.00 k shares	0.02	Common equity	Long	USA
Brookfield Asset Management Ltd.	43.68 k	806.00 shares	0.02	Common equity	Long	Canada
OTC Markets Group Inc	40.97 k	800.00 shares	0.02	Common equity	Long	USA
MGR Affiliated Managers Group, Inc.	35.13 k	190.00 shares	0.02	Common equity	Long	USA
Partners Value Investments LP	32.64 k	43.52 k shares	0.01	Preferred equity	Long	Canada
SAIC Science Applications International Corporation	22.36 k	200.00 shares	0.01	Common equity	Long	USA
BAH Booz Allen Hamilton Holding Corporation	18.53 k	144.00 shares	0.01	Common equity	Long	USA
IG Port Inc	18.40 k	1.20 k shares	0.01	Common equity	Long	Japan
ARIS Aris Water Solutions, Inc.	17.24 k	720.00 shares	0.01	Common equity	Long	USA
MKTX MarketAxess Holdings Inc.	10.85 k	48.00 shares	0.00	Common equity	Long	USA
Investor AB	10.58 k	400.00 shares	0.00	Common equity	Long	Sweden
Toei Animation Co Ltd	8.99 k	400.00 shares	0.00	Common equity	Long	Japan
CRAI CRA International, Inc.	6.74 k	36.00 shares	0.00	Common equity	Long	USA
PrairieSky Royalty Ltd	3.90 k	200.00 shares	0.00	Common equity	Long	Canada
Hong Kong Exchanges & Clearing Ltd	3.80 k	100.00 shares	0.00	Common equity	Long	Hong Kong
FAXRF Fairfax Financial Holdings Limited	2.78 k	2.00 shares	0.00	Common equity	Long	Canada
AN AutoNation, Inc.	1.70 k	10.00 shares	0.00	Common equity	Long	USA
EXP Eagle Materials Inc.	493.52	2.00 shares	0.00	Common equity	Long	USA
Value Partners Group Ltd	393.99	2.00 k shares	0.00	Common equity	Long	Hong Kong
CONSOL Energy Inc	213.36	2.00 shares	0.00	Common equity	Long	USA
ETCG Grayscale Ethereum Classic Trust (ETC)	129.24	12.00 shares	0.00	Common equity	Long	USA
SHLDQ Sears Holdings Corp	0.00	5.72 k principal	0.00	Debt	Long	USA