Kinetics Spin-Off and Corporate Restructuring Fund

Fund Profile

Fund profile

Tickers

LSHAX, LSHCX, LSHUX, LSHEX

Fund manager

Kinetics Mutual Funds, Inc., The Paradigm Fund

Total assets

$36.95 mm

Liabilities

$303.02 k

Net assets

$36.65 mm

Number of holdings

37.00

37 Holdings

As of Dec 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
TPL Texas Pacific Land Corporation	27.40 mm	24.78 k shares	74.78	Common equity	Long	USA
CSWC Capital Southwest Corporation	1.91 mm	5.40 k shares	5.20	Common equity	Long	USA
LB LandBridge Co LLC	1.74 mm	27.00 k shares	4.76	Common equity	Long	USA
US BANK MMDA - USBGFS 7	1.58 mm	1.58 mm shares	4.32	Short-term investment vehicle	Long	USA
AC Associated Capital Group, Inc.	1.18 mm	34.30 k shares	3.21	Common equity	Long	USA
GAMI GAMCO Investors, Inc.	950.27 k	39.30 k shares	2.59	Common equity	Long	USA
CVEO Civeo Corporation	454.40 k	20.00 k shares	1.24	Common equity	Long	USA
BATRA The Liberty Braves Group	252.12 k	3.00 k shares	0.69	Common equity	Long	USA
PrairieSky Royalty Ltd	234.00 k	12.00 k shares	0.64	Common equity	Long	Canada
BTC Grayscale Bitcoin Mini Trust (BTC)	156.43 k	3.74 k shares	0.43	Common equity	Long	USA
BKKT Bakkt Holdings, Inc.	128.31 k	5.18 k shares	0.35	Common equity	Long	USA
Howard Hughes Holdings Inc.	123.07 k	1.60 k shares	0.34	Common equity	Long	USA
WTM White Mountains Insurance Group, Ltd.	112.81 k	58.00 shares	0.31	Common equity	Long	USA
Landbridge Co LLC	96.86 k	1.67 k shares	0.26	Common equity	Long	USA
EXP Eagle Materials Inc.	79.95 k	324.00 shares	0.22	Common equity	Long	USA
DBRG DigitalBridge Group, Inc.	71.06 k	6.30 k shares	0.19	Common equity	Long	USA
Atlanta Braves Holdings, Inc.	64.81 k	1.69 k shares	0.18	Common equity	Long	USA
Galaxy Digital Holdings Ltd	62.59 k	3.60 k shares	0.17	Common equity	Long	USA
PBH Prestige Consumer Healthcare Inc.	62.24 k	797.00 shares	0.17	Common equity	Long	USA
HE Hawaiian Electric Industries, Inc.	35.03 k	3.60 k shares	0.10	Common equity	Long	USA
BCHG Grayscale Bitcoin Cash Trust	31.88 k	6.07 k shares	0.09	Common equity	Long	USA
Fairfax India Holdings Corp	25.61 k	1.60 k shares	0.07	Common equity	Long	Canada
Urbana Corp	24.42 k	6.23 k shares	0.07	Common equity	Long	Canada
LBRT Liberty Energy Inc.	19.33 k	972.00 shares	0.05	Common equity	Long	USA
GE General Electric Company	16.68 k	100.00 shares	0.05	Common equity	Long	USA
MSB Mesabi Trust	15.46 k	550.00 shares	0.04	Common equity	Long	USA
KNF Knife River Corporation	10.16 k	100.00 shares	0.03	Common equity	Long	USA
GEV GE Vernova Inc.	8.22 k	25.00 shares	0.02	Common equity	Long	USA
IBIT iShares Bitcoin Trust	7.75 k	146.00 shares	0.02	Common equity	Long	USA
Urbana Corp	6.43 k	1.60 k shares	0.02	Common equity	Long	Canada
SEG Seaport Entertainment Group Inc	5.25 k	188.00 shares	0.01	Common equity	Long	USA
Toei Animation Co Ltd	4.49 k	200.00 shares	0.01	Common equity	Long	Japan
GBTC Grayscale Bitcoin Trust ETF (BTC)	4.44 k	60.00 shares	0.01	Common equity	Long	USA
FAXRF Fairfax Financial Holdings Limited	2.78 k	2.00 shares	0.01	Common equity	Long	Canada
ARIS Aris Water Solutions, Inc.	2.35 k	98.00 shares	0.01	Common equity	Long	USA
BAM Brookfield Asset Management Ltd.	2.07 k	36.00 shares	0.01	Common equity	Long	Canada
Anglo American PLC	1.06 k	72.00 shares	0.00	Common equity	Long	UK