Kinetics Asset Management, LLC. Registered Investment Adviser
Kinetics Asset Management, LLC (“Kinetics”) is registered with the U.S. Securities and Exchange Commission as an investment adviser. Kinetics was founded in 1996 to manage mutual funds, leveraging the research and investment philosophy of Horizon Kinetics LLC. Kinetics serves as investment adviser to Kinetics Mutual Funds, Inc. (the “Funds”), a series of eight mutual funds. Kinetics became a wholly-owned subsidiary of Horizon Kinetics LLC (“Horizon Kinetics” or “Firm”) in 2011.
Horizon Kinetics is an independently owned and operated investment boutique with approximately $5.2 billion in assets under management as of March 31, 2017, that adheres to a long-term, fundamental value investment philosophy. The Firm has 76 employees and has primary offices in New York City and White Plains, New York. Horizon Kinetics’ co-founders and senior investment professionals have been implementing a common investment philosophy and methodology for over 25 years. The Firm’s focus on research-driven, fundamental analysis is reflected across all investment strategies and Funds.
Horizon Kinetics Parent Holding Company
Why Kinetics Mutual Funds?
Kinetics, the manager of the Funds, is an employee-owned firm led by senior investors who have worked together for over 30 years. We are unique because of our long-term, contrarian investment philosophy and our dedication to in-house proprietary research. We encourage you to view the long-term performance of our Funds.
1 Horizon Kinetics is the parent holding company of three SEC-registered investment advisory subsidiaries: Horizon Asset Management LLC, Kinetics Asset Management LLC and Kinetics Advisers, LLC, and two limited purpose broker dealers: KBD Securities, LLC (“KBD”) and Kinetics Funds Distributor, LLC (“KFD”), which are SEC-registered and members of FINRA. KBD and KFD are limited purpose broker-dealers that do not trade or maintain custody of client assets. They exist to promote the sale and distribution of the Kinetics Mutual Funds and affiliated private funds. The Firm operates under a unified research and investment process.