HORIZON KINETICS INFL BENEF - Security Detail

Period	Total Value	Value Change	Total Holders	Holder Change
2024-06-30	$0.43B	-	110	-
2024-09-30	$0.50B	+15.0%	111	+0.9%
2024-12-31	$0.59B	+18.4%	115	+3.6%

Institution	Value	Shares	% of Portfolio
OXFORD FINANCIAL GROUP, LTD. LLC	$149.6M	3,929K	9.7%
ONE CHARLES PRIVATE WEALTH SERVICES, LLC	$17.5M	460K	5.9%
ATLAS WEALTH PARTNERS, LLC	$4.5M	117K	5.7%
LONGVIEW FINANCIAL ADVISORS, INC.	$6.0M	156K	4.7%
INTREPID FAMILY OFFICE LLC	$3.2M	85K	3.4%
FOURPATH CAPITAL MANAGEMENT, LLC	$11.5M	301K	2.1%
INDEPENDENT FAMILY OFFICE, LLC	$3.3M	87K	1.7%
NCM CAPITAL MANAGEMENT, LLC	$3.3M	85K	1.5%
PHILIP JAMES WEALTH MANGEMENT, LLC	$5.6M	148K	0.7%
STEGENT EQUITY ADVISORS, INC.	$0.7M	18K	0.7%
PECAUT & CO.	$1.8M	48K	0.6%
ONE PLUS ONE WEALTH MANAGEMENT, LLC	$1.0M	25K	0.6%
EAGLECLAW CAPITAL MANAGMENT, LLC	$3.3M	86K	0.5%
MACROVIEW INVESTMENT MANAGEMENT LLC	$0.3M	8K	0.3%
MOORS & CABOT, INC.	$6.4M	167K	0.3%
PEKIN HARDY STRAUSS, INC.	$2.3M	60K	0.3%
FERNWOOD INVESTMENT MANAGEMENT, LLC	$0.8M	20K	0.3%
STAR FINANCIAL BANK	$0.4M	9K	0.3%
ABACUS PLANNING GROUP, INC.	$1.5M	38K	0.3%
FLOW TRADERS U.S. LLC	$6.5M	170K	0.3%
GUARDIAN WEALTH ADVISORS, LLC / NC	$3.2M	84K	0.3%
AUXANO ADVISORS, LLC	$1.0M	26K	0.3%
STRAIGHT PATH WEALTH MANAGEMENT	$0.5M	14K	0.2%
EDGE CAPITAL GROUP, LLC	$4.5M	119K	0.2%
GARRISON POINT ADVISORS, LLC	$0.4M	10K	0.2%

Ticker	Exchange	Security	Similarity Score	Common Holders	Total Holders
LB	US	LANDBRIDGE CO LLC-A	0.018	2	114
TPL	US	TEXAS PACIFIC LAND CORP	0.005	3	551
AVUV	US	AVANTIS US SMALL CAP VALUE	0.005	3	553
COWZ	US	PACER US CASH COWS 100 ETF	0.005	3	592
GBTC	US	GRAYSCALE BITCOIN TRUST ETF	0.004	2	542
GDX	US	VANECK GOLD MINERS ETF	0.003	2	646
IAU	US	ISHARES GOLD TRUST	0.002	2	1017
ISRG	US	INTUITIVE SURGICAL INC	0.002	3	1556
VTV	US	VANGUARD VALUE ETF	0.002	3	1616
VTI	US	VANGUARD TOTAL STOCK MKT ETF	0.002	4	2173
MSFT	US	MICROSOFT CORP	0.002	7	4177
SCHD	US	SCHWAB US DVD EQUITY ETF	0.002	2	1246
SHW	US	SHERWIN-WILLIAMS CO/THE	0.002	2	1256
AAPL	US	APPLE INC	0.002	6	3956
LLY	US	ELI LILLY & CO	0.001	4	2794
SPY	US	SPDR S&P 500 ETF TRUST	0.001	4	2907
XLK	US	TECHNOLOGY SELECT SECT SPDR	0.001	2	1506
MDT	US	MEDTRONIC PLC	0.001	2	1549
BRK/B	US	BERKSHIRE HATHAWAY INC-CL B	0.001	4	3146
GLD	US	SPDR GOLD SHARES	0.001	2	1670
IJH	US	ISHARES CORE S&P MIDCAP ETF	0.001	2	1683
VUG	US	VANGUARD GROWTH ETF	0.001	2	1698
IJR	US	ISHARES CORE S&P SMALL-CAP E	0.001	2	1802
NVDA	US	NVIDIA CORP	0.001	4	3653
TMO	US	THERMO FISHER SCIENTIFIC INC	0.001	2	1919