Mutual Funds - Profile

Kinetics Paradigm Fund

US > Mid-Cap > Growth

Rank

Universe Rank

Summary

The fund seeks capital return by investing in mid-size companies in the United States.

The investment process is designed to identify companies that maybe misunderstood or underappreciated by investors. The research team with the help of quantitative and qualitative analysis also identifies or distinguishes between permanent and transitory problems.

The fund has invested 31% of its total assets in Texas Pacific Land Trust. One of the largest land owners in Texas, the Land Trust derives most of its income from oil and gas royalty revenue, land easements and water royalties and sales.

Normally More

Price

  • Last Close
  • $65.37
    +1.96
  • 52 Week HL
  • $85.57 - $53.68
  • Net Assets
  • $1001.9 M
  • Expense Ratio

Portfolio

  • Holdings
  • -
  • Turnover Ratio
  • -

Sector Allocation
Mar 31, 2021

Top 10 Holdings
Mar 31, 2021

Company Holding
Texas Pacific 55.9
Grayscale Bitcoin 9.9
Brookfield Asset 3.7
Brookfield Asset 3.3
Live Nation 2.5
Company Holding
Live Nation 2.2
Liberty Broadband 1.9
Icahn Enterprises 1.4
CACI International, 1.2
Associated Capital 0.9
Total 82.9%

Manager

  • Name
  • Murray Stahl
  • Leadership
  • Single Manager
  • Tenure
  • 2003
  • Advisor

Documents

  • Annual Reports

Performance
-10.6 % YTD

  • 3 Year
  • 22.38%
  • 5 Year
  • 86.66%
  • Best
  • 47.47%
    2003
  • Worst
  • -53.3%
    2008

Returns +
A

2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
KNPAX -16%12%35%34%-6%24%6%-1%0%0%0%
S&P 500 -8%27%16%29%-6%19%10%-1%11%30%13%

Returns +
Q

2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Q1 -6.4% 54.3% -32.3% 21.9% 0.4% 1.3% -0.3% 5.6% 1.2% 12.1% -
Q2 - -1.4% 21.4% 3.8% 13.1% 5.4% 4.7% -2.3% 3.3% 7.8% -
Q3 - -13.6% -7.1% -8% 7.5% 11.3% 8.2% -12.1% -2.3% 8.5% -
Q4 - 3% 32.3% 7.5% -22.8% 7.4% 6.4% 0.9% -3.1% 9.4% -

Returns +
M

J F M A M J J A S O N D
2022 -10.6% - - - - - - - - - - -
2021 5.4% 18.9% 23.1% -1% -5.3% 5.2% -2.5% -3.8% -7.8% 6.4% -2.7% -0.5%

Annual
Return

Index Comparison

Alpha

NAV