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Horizon Kinetics (HKHC) investor relations material
Horizon Kinetics AGM 2026 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Opening remarks and agenda
The meeting opened with introductions of the Co-CEOs and General Counsel, confirming compliance with bylaws and Delaware law.
The agenda included electing six directors, ratifying the independent auditor, and an advisory vote on executive compensation.
Board and executive committee updates
Six directors were nominated and elected to serve until the next annual meeting.
The passing of Murray, a key leader, was acknowledged, with emphasis on his legacy and the firm's strong position.
Leadership highlighted the dedication and passion of employees to continue Murray's vision.
James Davolos was elevated to Director of Research as part of generational transition.
Financial performance review
The firm maintains a strong balance sheet, built by retaining earnings and investing in strategic assets.
Strategic assets, such as royalty companies and securities exchanges, are now core portfolio holdings.
Bitcoin exposure has grown to about 10% of assets under management due to appreciation.
- Net income hit $92.5M on 52% AUM growth, record fees, and strong TPL and GBTC gains.HKHC
Q4 20249 Jul 2026 - Net income surged to $72.5M as AUM climbed 19% to $11.4B, led by strong TPL performance.HKHC
Q1 20261 Jun 2026 - Annual meeting to vote on directors, auditor, and executive pay amid leadership transition.HKHC
Proxy filing20 Apr 2026 - 2025 revenue up 31%, $5.1M net income, AUM at $9.6B, strong liquidity, and ETF growth.HKHC
Q4 202517 Mar 2026 - Q3 net income surged on AUM growth and merger gains, with a 70% payout dividend policy.HKHC
Q3 202414 Jan 2026 - Annual meeting to vote on directors, auditor, executive pay, and say-on-pay frequency, all recommended for approval.HKHC
Proxy Filing2 Dec 2025 - Q2 revenue up 66%–74% year-over-year, but $10.5M net loss from investment declines.HKHC
Q2 202523 Nov 2025 - Q1 2025 revenue up 63% and AUM up 10% to $10.8B, led by investment gains and expansion.HKHC
Q1 202520 Nov 2025 - Q3 revenue up 37%, net income $7.2m, AUM $10.4b, and $0.106 dividend declared.HKHC
Q3 202519 Nov 2025
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