# EDGAR Filing Document

**Accession Number:** 0001056823
**File Stem:** 0000894189-25-005540
**Filing Date:** 2025-8
**Character Count:** 75133
**Document Hash:** c52b1e3d8574907564613c9b1a38ce27
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-25-005540.hdr.sgml**: 20250812

**ACCESSION NUMBER**: 0000894189-25-005540

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250812

**EFFECTIVENESS DATE**: 20250812

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HORIZON KINETICS ASSET MANAGEMENT LLC
- **CENTRAL INDEX KEY:** 0001056823

**ORGANIZATION NAME:**
- **EIN:** 133776334
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-06986
- **FILM NUMBER:** 251205700

**BUSINESS ADDRESS:**
- **STREET 1:** 470 PARK AVENUE SOUTH
- **STREET 2:** 4TH FLOOR SOUTH
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10016
- **BUSINESS PHONE:** 646-495-7347

**MAIL ADDRESS:**
- **STREET 1:** 470 PARK AVENUE SOUTH
- **STREET 2:** 4TH FLOOR SOUTH
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10016

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HORIZON ASSET MANAGEMENT LLC
- **DATE OF NAME CHANGE:** 20130813

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HORIZON ASSET MANAGEMENT INC/NY
- **DATE OF NAME CHANGE:** 19990319

## FORM N-PX
### ANNUAL REPORT OF PROXY VOTING RECORD

## N-PX: Filer Information

**Filer CIK:** 0001056823

**Date of Report:** 06/30/2025

**Are you a Registered Management Investment Company or an Institutional Manager?:** Institutional Manager

**Is this a LIVE or TEST Filing?:** LIVE

**Is this an electronic copy of an official filing submitted in paper format?:** [ ]

### Submission Contact Information
_Not provided in this filing._

### Notification Information
**Notify via Filing Website only?:** [ ]

## N-PX: Cover Page

**Name of reporting person:** Horizon Kinetics Asset Management LLC

**Address:** 470 Park Avenue South, New York, NY 10016

**Telephone number:** 1- 646-867-1145

**Name of agent for service:** Horizon Kinetics Asset Management LLC

**Agent Address:** 470 Park Avenue South, New York, NY 10016

**Reporting Period:** Report for the year ended 06/30/2025

**SEC File Number:** 028-06986

**CRD Number (if any):** —

**Other SEC File Number (if any):** —

**LEI (if any):** —

**Report Type (check only one):**

Institutional Manager.

- [x] Institutional Manager Voting Report

- [ ] Institutional Manager Notice Report

- [ ] Institutional Manager Combination Report

Registered Management Investment Company.

- [ ] Fund Voting Report

- [ ] Fund Notice Report

**Do you wish to provide explanatory information pursuant to Special Instruction B.4?:**

- [x] No

- [ ] Yes

**Additional information:** —

## N-PX: Summary - Included Managers

**Number of Included Institutional Managers:** 0

**Included Institutional Managers:** —

## FORM N-PX PROXY VOTING RECORD

| NAME OF ISSUER                                 | CUSIP     | MEETING DATE   | VOTE DESCRIPTION                                                                                                                                                                                                                                                                                                                                                              | VOTE CATEGORY                |   SHARES VOTED |   SHARES ON LOAN | HOW VOTED   |   SHARES VOTED FOR OR AGAINST MANAGEMENT | FOR OR AGAINST MANAGEMENT   | OTHER INFO   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| Capital Southwest Corporation                  | 140501107 | 07/25/2024     | To approve, on an advisory basis, the compensation of Capital Southwest Corporation's named executive officers.                                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |           3600 |                0 | FOR         |                                     3600 | FOR                         |  |
| Eagle Materials Inc.                           | 26969P108 | 08/01/2024     | Advisory resolution to approve the compensation of our named executive officers.                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |            994 |                0 | FOR         |                                      994 | FOR                         |  |
| Prestige Consumer Healthcare Inc.              | 74112D101 | 08/06/2024     | Say on Pay - An advisory vote on the resolution to approve the compensation of Prestige Consumer Healthcare Inc.'s named executive officers.                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |            797 |                0 | FOR         |                                      797 | FOR                         |  |
| CSW Industrials, Inc.                          | 126402106 | 08/15/2024     | Approval, by non-binding vote, of executive compensation.                                                                                                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |           7200 |                0 | FOR         |                                     7200 | FOR                         |  |
| Replimune Group, Inc.                          | 76029N106 | 09/04/2024     | To approve, on a non-binding advisory basis, the compensation of Replimune Group, Inc.'s named executive officers.                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |          14396 |                0 | FOR         |                                    14396 | FOR                         |  |
| Replimune Group, Inc.                          | 76029N106 | 09/04/2024     | To approve, on a non-binding advisory basis, the preferred frequency of future advisory votes on the compensation of Replimune Group, Inc.'s named executive officers.                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |          14396 |                0 | ONE YEAR    |                                    14396 | FOR                         |  |
| Inter Parfums, Inc.                            | 458334109 | 09/17/2024     | To vote for the advisory resolution to approve executive compensation.                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |          53200 |                0 | FOR         |                                    53200 | FOR                         |  |
| CACI International Inc                         | 127190304 | 10/17/2024     | To approve on a non-binding, advisory basis the compensation of our named executive officers; and                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |         187412 |                0 | FOR         |                                   187412 | FOR                         |  |
| Texas Pacific Land Corporation                 | 88262P102 | 11/08/2024     | To approve, by non-binding advisory vote, the executive compensation paid to the Company's named executive officers.                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |        1337555 |                0 | FOR         |                                  1337555 | FOR                         |  |
| A-Mark Precious Metals, Inc.                   | 00181T107 | 11/13/2024     | To vote, on an advisory basis, to approve the fiscal year 2024 compensation of the named executive officers of the Company.                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |           3200 |                0 | FOR         |                                     3200 | FOR                         |  |
| Broadridge Financial Solutions, Inc.           | 11133T103 | 11/14/2024     | Advisory vote to approve the compensation of the Company's Named Executive Officers (the Say on Pay Vote);                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |            527 |                0 | FOR         |                                      527 | FOR                         |  |
| Applied Digital Corp.                          | 038169207 | 11/20/2024     | Approve, on an advisory basis, the executive compensation of the Company's named executive officers as described in the proxy statement.                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |            837 |            23033 | FOR         |                                      837 | FOR                         |  |
| bluebird bio, Inc.                             | 09609G209 | 12/04/2024     | The approval, on a non-binding, advisory basis, of the compensation of our named executive officers.                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |            378 |            34558 | FOR         |                                      378 | FOR                         |  |
| Madison Square Garden Sports Corp.             | 55825T103 | 12/04/2024     | Approval of, on an advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |            240 |                0 | FOR         |                                      240 | FOR                         |  |
| Copart, Inc.                                   | 217204106 | 12/06/2024     | To approve, on an advisory (non-binding) basis, the compensation of our named executive officers for the fiscal year ended July 31, 2024.                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |            400 |                0 | FOR         |                                      400 | FOR                         |  |
| Viatris Inc.                                   | 92556V106 | 12/06/2024     | Approval of, on a non-binding advisory basis, the 2023 compensation of the named executive officers of the Company.                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |           3422 |                0 | AGAINST     |                                     3422 | AGAINST                     |  |
| Sphere Entertainment Co.                       | 55826T102 | 12/09/2024     | An advisory vote on the compensation of our named executive officers.                                                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |           4772 |                0 | AGAINST     |                                     4772 | AGAINST                     |  |
| Madison Square Garden Entertainment Corp.      | 558256103 | 12/11/2024     | Approval of, on an advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |           4772 |                0 | FOR         |                                     4772 | FOR                         |  |
| Salarius Pharmaceuticals, Inc.                 | 79400X404 | 12/20/2024     | A proposal to approve, on a non-binding advisory basis, the compensation paid by us to our named executive officers as disclosed in the attached Proxy Statement.                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |           3723 |                0 | FOR         |                                     3723 | FOR                         |  |
| Visa Inc.                                      | 92826C839 | 01/28/2025     | To approve, on an advisory basis, the compensation paid to our named executive officers.                                                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |           4000 |                0 | FOR         |                                     4000 | FOR                         |  |
| Schlumberger N.V.                              | 806857108 | 04/02/2025     | Advisory approval of our executive compensation.                                                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |           2115 |                0 | FOR         |                                     2115 | FOR                         |  |
| Liberty Energy Inc.                            | 53115L104 | 04/15/2025     | Advisory vote to approve the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |           6437 |                0 | FOR         |                                     6437 | FOR                         |  |
| Liberty Energy Inc.                            | 53115L104 | 04/15/2025     | Advisory vote to determine the frequency of future advisory votes to approve the compensation of the Company's named executive officers.                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |           6437 |                0 | ONE YEAR    |                                     6437 | FOR                         |  |
| Carnival Corporation                           | 143658300 | 04/16/2025     | To hold a (non-binding) advisory vote to approve executive compensation.                                                                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |         522500 |                0 | FOR         |                                   522500 | FOR                         |  |
| EQT Corporation                                | 26884L109 | 04/16/2025     | Approval of a non-binding resolution to approve the 2024 compensation of the EQT Corporation's named executive officers (say-on-pay)                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |           3717 |                0 | FOR         |                                     3717 | FOR                         |  |
| AutoNation, Inc.                               | 05329W102 | 04/23/2025     | Advisory vote to approve named executive officer compensation.                                                                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |            600 |                0 | FOR         |                                      600 | FOR                         |  |
| Johnson  Johnson                               | 478160104 | 04/24/2025     | Advisory Vote to Approve Named Executive Officer Compensation                                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |           5107 |                0 | FOR         |                                     5107 | FOR                         |  |
| Pfizer Inc.                                    | 717081103 | 04/24/2025     | 2025 advisory approval of executive compensation                                                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |          25912 |                0 | AGAINST     |                                    25912 | AGAINST                     |  |
| Badger Meter, Inc.                             | 056525108 | 04/25/2025     | ADVISORY VOTE TO APPROVE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS.                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |            440 |                0 | FOR         |                                      440 | FOR                         |  |
| Core Natural Resources, Inc.                   | 218937100 | 04/29/2025     | Approval, on an Advisory Basis, of the Compensation Paid to Core Natural Resources, Inc.'s Named Executive Officers in 2024.                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |              2 |                0 | FOR         |                                        2 | FOR                         |  |
| Equity LifeStyle Properties, Inc.              | 29472R108 | 04/29/2025     | Approval on a non-binding, advisory basis of our executive compensation as disclosed in the Proxy Statement.                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |          68600 |                0 | FOR         |                                    68600 | FOR                         |  |
| The Williams Companies, Inc.                   | 969457100 | 04/29/2025     | Approve, on an Advisory Basis, the Compensation of our Named Executive Officers.                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |           3655 |                0 | FOR         |                                     3655 | FOR                         |  |
| Fluor Corporation                              | 343412102 | 04/30/2025     | An advisory vote to approve the company's executive compensation.                                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |           1430 |                0 | FOR         |                                     1430 | FOR                         |  |
| Franklin Electric Co., Inc.                    | 353514102 | 05/02/2025     | Approve, on an advisory basis, the executive compensation of the Named Executive Officers as disclosed in the Proxy Statement.                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |            555 |                0 | FOR         |                                      555 | FOR                         |  |
| Occidental Petroleum Corporation               | 674599105 | 05/02/2025     | Advisory Vote to Approve Named Executive Officer Compensation                                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |           1905 |                0 | FOR         |                                     1905 | FOR                         |  |
| Eli Lilly and Company                          | 532457108 | 05/05/2025     | Approval, on an advisory basis, of the compensation paid to the company's named executive officers.                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |           3359 |                0 | FOR         |                                     3359 | FOR                         |  |
| RB Global, Inc.                                | 74935Q107 | 05/05/2025     | Approval, on an advisory basis, of a non-binding resolution on the compensation of the Company's named executive officers as described in the accompanying proxy statement.                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |           2000 |                0 | FOR         |                                     2000 | FOR                         |  |
| Bristol-Myers Squibb Company                   | 110122108 | 05/06/2025     | Advisory Vote to Approve the Compensation of our Named Executive Officers                                                                                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |          17755 |                0 | FOR         |                                    17755 | FOR                         |  |
| Cboe Global Markets, Inc.                      | 12503M108 | 05/06/2025     | Approve, in a non-binding resolution, the compensation paid to our executive officers.                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |          72038 |                0 | FOR         |                                    72038 | FOR                         |  |
| GE Aerospace                                   | 369604301 | 05/06/2025     | Advisory Approval of Our Named Executives' Compensation                                                                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |            100 |                0 | AGAINST     |                                      100 | AGAINST                     |  |
| Oshkosh Corporation                            | 688239201 | 05/06/2025     | Approval, by advisory vote, of the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |            400 |                0 | FOR         |                                      400 | FOR                         |  |
| Pentair plc                                    | G7S00T104 | 05/06/2025     | To approve, by nonbinding, advisory vote, the compensation of the named executive officers.                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |            945 |                0 | FOR         |                                      945 | FOR                         |  |
| IDEXX Laboratories, Inc.                       | 45168D104 | 05/07/2025     | Advisory Vote on Executive Compensation. To approve a nonbinding advisory resolution on the Company's executive compensation (Proposal Three).                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |            105 |                0 | FOR         |                                      105 | FOR                         |  |
| S Global Inc.                                  | 78409V104 | 05/07/2025     | Approve, on an advisory basis, the executive compensation program for the Company's named executive officers, as described in the Proxy Statement;                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |            566 |                0 | AGAINST     |                                      566 | AGAINST                     |  |
| Alnylam Pharmaceuticals, Inc.                  | 02043Q107 | 05/08/2025     | To approve, in a non-binding advisory vote, the compensation of Alnylam's named executive officers.                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |           2880 |                0 | FOR         |                                     2880 | FOR                         |  |
| Archer-Daniels-Midland Company                 | 039483102 | 05/08/2025     | Advisory Vote on Executive Compensation.                                                                                                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |         366557 |                0 | FOR         |                                   366557 | FOR                         |  |
| CME Group Inc.                                 | 12572Q105 | 05/08/2025     | Advisory vote on the compensation of our named executive officers.                                                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |          11204 |                0 | FOR         |                                    11204 | FOR                         |  |
| Ecolab Inc.                                    | 278865100 | 05/08/2025     | Approve, on an advisory basis, the compensation of our named executive officers disclosed in the Proxy Statement.                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |            330 |                0 | FOR         |                                      330 | FOR                         |  |
| IDEX Corporation                               | 45167R104 | 05/08/2025     | Advisory vote to approve named executive officer compensation.                                                                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |            230 |                0 | FOR         |                                      230 | FOR                         |  |
| Itron, Inc.                                    | 465741106 | 05/08/2025     | Proposal to approve the advisory (non-binding) resolution relating to executive compensation.                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |            920 |                0 | FOR         |                                      920 | FOR                         |  |
| AbbVie Inc.                                    | 00287Y109 | 05/09/2025     | Say on Pay - An advisory vote on the approval of executive compensation                                                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |           7678 |                0 | FOR         |                                     7678 | FOR                         |  |
| Hawaiian Electric Industries, Inc.             | 419870100 | 05/12/2025     | Advisory vote to approve the compensation of HEI's named executive officers.                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |        5306594 |                0 | FOR         |                                  5306594 | FOR                         |  |
| Royalty Pharma Plc                             | G7709Q104 | 05/12/2025     | A non-binding advisory vote to approve executive compensation that may become payable in connection with the transaction contemplated by the Membership Interest Purchase Agreement.                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |         321459 |                0 | FOR         |                                   321459 | FOR                         |  |
| Royalty Pharma Plc                             | G7709Q104 | 05/12/2025     | A non-binding advisory vote to approve executive compensation.                                                                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |         321459 |                0 | FOR         |                                   321459 | FOR                         |  |
| Arthur J. Gallagher  Co.                       | 363576109 | 05/13/2025     | Approval, on an Advisory Basis, of the Compensation of our Named Executive Officers.                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |            400 |                0 | FOR         |                                      400 | FOR                         |  |
| ConocoPhillips                                 | 20825C104 | 05/13/2025     | Advisory Approval of Executive Compensation.                                                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |           1100 |                0 | FOR         |                                     1100 | FOR                         |  |
| Oil States International, Inc.                 | 678026105 | 05/13/2025     | TO APPROVE, ON AN ADVISORY BASIS, THE COMPANY'S EXECUTIVE COMPENSATION.                                                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |          11300 |                0 | FOR         |                                    11300 | FOR                         |  |
| Sitio Royalties Corp.                          | 82983N108 | 05/13/2025     | The approval, on a non-binding, advisory basis, of the Company's compensation of its named executive officers.                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |         820210 |                0 | FOR         |                                   820210 | FOR                         |  |
| Tejon Ranch Co.                                | 879080109 | 05/13/2025     | Advisory vote to approve named executive officer compensation.                                                                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |          53317 |                0 | AGAINST     |                                    53317 | AGAINST                     |  |
| Tejon Ranch Co.                                | 879080109 | 05/13/2025     | To approve the compensation of Tejon's executive officers.                                                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |              0 |                0 | WITHHOLD    |                                        0 | AGAINST                     |  |
| The St. Joe Company                            | 790148100 | 05/13/2025     | Approval, on an advisory basis, of the compensation of our named executive officers.                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |         266636 |                0 | FOR         |                                   266636 | FOR                         |  |
| Xylem Inc.                                     | 98419M100 | 05/13/2025     | Advisory vote to approve the compensation of our named executive officers.                                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |            500 |                0 | FOR         |                                      500 | FOR                         |  |
| Civeo Corporation                              | 17878Y207 | 05/14/2025     | We are asking that you approve, on a non-binding advisory basis, the compensation of our named executive officers as disclosed in the proxy statement, commonly referred to as a "Say-on-Pay" proposal.                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |         801032 |                0 | FOR         |                                   801032 | FOR                         |  |
| GE Vernova, Inc.                               | 36828A101 | 05/14/2025     | Approve the compensation of our named executives officers in an advisory vote                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |             25 |                0 | FOR         |                                       25 | FOR                         |  |
| GE Vernova, Inc.                               | 36828A101 | 05/14/2025     | Approve the frequency of future advisory votes on named executive officers compensation in an advisory vote                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |             25 |                0 | ONE YEAR    |                                       25 | FOR                         |  |
| Penske Automotive Group, Inc.                  | 70959W103 | 05/14/2025     | Approval, by non-binding vote, of named executive officer compensation.                                                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |            530 |                0 | FOR         |                                      530 | FOR                         |  |
| Veralto Corp.                                  | 92338C103 | 05/14/2025     | To approve on an advisory basis the Company's named executive officer compensation.                                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |            666 |                0 | FOR         |                                      666 | FOR                         |  |
| Bunge Global SA                                | H11356104 | 05/15/2025     | Advisory Vote to Approve Named Executive Officer Compensation Under U.S. Securities Law Requirements;                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |         303258 |                0 | FOR         |                                   303258 | FOR                         |  |
| Cheniere Energy, Inc.                          | 16411R208 | 05/15/2025     | Approve, on an advisory and non-binding basis, the compensation of the Company's named executive officers for 2024.                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |         166399 |                0 | FOR         |                                   166399 | FOR                         |  |
| Marsh  McLennan Companies, Inc.                | 571748102 | 05/15/2025     | Advisory (Nonbinding) Vote to Approve Named Executive Officer Compensation                                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |         140715 |                0 | FOR         |                                   140715 | FOR                         |  |
| Flowserve Corporation                          | 34354P105 | 05/16/2025     | Advisory vote to approve named executive officer compensation.                                                                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |           1495 |                0 | FOR         |                                     1495 | FOR                         |  |
| Intercontinental Exchange, Inc.                | 45866F104 | 05/16/2025     | To approve, by non-binding vote, the advisory resolution on executive compensation for named executive officers.                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |         331609 |                0 | FOR         |                                   331609 | FOR                         |  |
| Tradeweb Markets Inc.                          | 892672106 | 05/20/2025     | To approve, on an advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |           4753 |                0 | FOR         |                                     4753 | FOR                         |  |
| Verisk Analytics, Inc.                         | 92345Y106 | 05/20/2025     | To approve executive compensation on an advisory, non-binding basis.                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |           7000 |                0 | FOR         |                                     7000 | FOR                         |  |
| Viper Energy, Inc.                             | 927959106 | 05/20/2025     | The approval, on an advisory basis, of the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |        1480387 |                0 | AGAINST     |                                  1480387 | AGAINST                     |  |
| Alkermes plc                                   | G01767105 | 05/21/2025     | To approve, in a non-binding, advisory vote, the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |          23033 |                0 | FOR         |                                    23033 | FOR                         |  |
| Core Laboratories Inc.                         | 21867A105 | 05/21/2025     | To approve, on an advisory basis, the compensation philosophy, policies and procedures described in the section entitled Compensation Discussion and Analysis ("CD"), and the compensation of the Company's named executive officers as disclosed pursuant to the U.S. Securities and Exchange Commission's compensation disclosure rules, including the compensation tables. | SECTION 14A SAY-ON-PAY VOTES |            200 |                0 | FOR         |                                      200 | FOR                         |  |
| Diamondback Energy, Inc.                       | 25278X109 | 05/21/2025     | The approval, on an advisory basis, of the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |            850 |                0 | FOR         |                                      850 | FOR                         |  |
| EOG Resources, Inc.                            | 26875P101 | 05/21/2025     | To approve, by non-binding vote, the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |            970 |                0 | FOR         |                                      970 | FOR                         |  |
| Markel Group Inc.                              | 570535104 | 05/21/2025     | Advisory vote on approval of executive compensation.                                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |            100 |                0 | FOR         |                                      100 | FOR                         |  |
| The Wendy's Company                            | 95058W100 | 05/21/2025     | Advisory resolution to approve executive compensation.                                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |         501600 |                0 | FOR         |                                   501600 | FOR                         |  |
| Watts Water Technologies, Inc.                 | 942749102 | 05/21/2025     | Advisory vote to approve named executive officer compensation.                                                                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |            295 |                0 | FOR         |                                      295 | FOR                         |  |
| Affiliated Managers Group, Inc.                | 008252108 | 05/22/2025     | To approve, by a non-binding advisory vote, the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |            424 |                0 | FOR         |                                      424 | FOR                         |  |
| Knife River Corporation                        | 498894104 | 05/22/2025     | Advisory Vote to Approve the Compensation Paid to the Company's Named Executive Officers.                                                                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |            100 |                0 | FOR         |                                      100 | FOR                         |  |
| White Mountains Insurance Group, Ltd.          | G9618E107 | 05/22/2025     | Approval of the advisory resolution on executive compensation                                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |           6726 |                0 | FOR         |                                     6726 | FOR                         |  |
| Amgen Inc.                                     | 031162100 | 05/23/2025     | Advisory vote to approve our executive compensation.                                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |           3359 |                0 | FOR         |                                     3359 | FOR                         |  |
| DigitalBridge Group, Inc.                      | 25401T603 | 05/23/2025     | To approve, on a non-binding, advisory basis, named executive officer compensation.                                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |        2661815 |                0 | AGAINST     |                                  2661815 | AGAINST                     |  |
| Merck  Co., Inc.                               | 58933Y105 | 05/27/2025     | Non-binding advisory vote to approve the compensation of our named executive officers.                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |           6718 |                0 | FOR         |                                     6718 | FOR                         |  |
| Exxon Mobil Corporation                        | 30231G102 | 05/28/2025     | Advisory Vote to Approve Executive Compensation                                                                                                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |           2453 |                0 | FOR         |                                     2453 | FOR                         |  |
| GE Healthcare Technologies, Inc.               | 36266G107 | 05/28/2025     | Approval of our named executive officers' compensation in an advisory vote.                                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |            960 |                0 | FOR         |                                      960 | FOR                         |  |
| Royal Caribbean Cruises Ltd.                   | V7780T103 | 05/28/2025     | Advisory approval of the Company's compensation of its named executive officers.                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |          10650 |                0 | FOR         |                                    10650 | FOR                         |  |
| Editas Medicine, Inc.                          | 28106W103 | 05/29/2025     | To approve, on an advisory basis, the compensation paid to the Company's named executive officers.                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |          31670 |                0 | AGAINST     |                                    31670 | AGAINST                     |  |
| Editas Medicine, Inc.                          | 28106W103 | 05/29/2025     | To approve, on an advisory basis, the frequency of future advisory votes on the compensation paid to the Company's named executive officers.                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |          31670 |                0 | ONE YEAR    |                                    31670 | FOR                         |  |
| Beam Therapeutics Inc.                         | 07373V105 | 06/04/2025     | Approve, on an advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |           9597 |                0 | FOR         |                                     9597 | FOR                         |  |
| MarketAxess Holdings Inc.                      | 57060D108 | 06/04/2025     | To approve, on an advisory basis, the compensation of the Company's named executive officers as disclosed in the 2025 Proxy Statement.                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |           1494 |                0 | FOR         |                                     1494 | FOR                         |  |
| Pacific Biosciences of California, Inc.        | 69404D108 | 06/04/2025     | To approve, on an advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |            116 |            11401 | AGAINST     |                                      116 | AGAINST                     |  |
| Science Applications International Corporation | 808625107 | 06/04/2025     | The approval of a non-binding, advisory vote on executive compensation.                                                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |          23853 |                0 | FOR         |                                    23853 | FOR                         |  |
| Sphere Entertainment Co.                       | 55826T102 | 06/04/2025     | Approval of, on an advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |           4772 |                0 | AGAINST     |                                     4772 | AGAINST                     |  |
| CRISPR Therapeutics AG                         | H17182108 | 06/05/2025     | Non-binding advisory vote on the compensation paid to the Company's named executive officers under U.S. securities law requirements.                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |            106 |            10451 | AGAINST     |                                      106 | AGAINST                     |  |
| Energy Recovery, Inc.                          | 29270J100 | 06/05/2025     | To approve, on an advisory basis, our executive compensation for the fiscal year ended December 31, 2024 as described in the Proxy Statement.                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |           2440 |                0 | FOR         |                                     2440 | FOR                         |  |
| Expand Energy Corporation                      | 165167735 | 06/05/2025     | To approve on an advisory basis our named executive officer compensation for 2024.                                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |           1425 |                0 | FOR         |                                     1425 | FOR                         |  |
| Ionis Pharmaceuticals, Inc.                    | 462222100 | 06/05/2025     | To make an advisory vote on executive compensation.                                                                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |          12476 |                0 | FOR         |                                    12476 | FOR                         |  |
| Vanda Pharmaceuticals Inc.                     | 921659108 | 06/05/2025     | To approve, on an advisory basis, the Company's named executive officer compensation.                                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |          25912 |                0 | FOR         |                                    25912 | FOR                         |  |
| Intellia Therapeutics, Inc.                    | 45826J105 | 06/11/2025     | Approval, on a non-binding advisory basis, of the compensation of our named executive officers ("NEOS").                                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |            444 |            13952 | AGAINST     |                                      444 | AGAINST                     |  |
| Intellia Therapeutics, Inc.                    | 45826J105 | 06/11/2025     | A non-binding advisory vote on the frequency of future non-binding advisory votes on the compensation of our NEOS.                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |            444 |            13952 | ONE YEAR    |                                      444 | FOR                         |  |
| Nasdaq, Inc.                                   | 631103108 | 06/11/2025     | Advisory vote to approve the Company's executive compensation as presented in the Proxy Statement                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |          18586 |                0 | FOR         |                                    18586 | FOR                         |  |
| Live Nation Entertainment, Inc.                | 538034109 | 06/12/2025     | To hold an advisory vote on the company's executive compensation;                                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |         241300 |                0 | AGAINST     |                                   241300 | AGAINST                     |  |
| Norwegian Cruise Line Holdings Ltd.            | G66721104 | 06/12/2025     | Approval, on a non-binding, advisory basis, of the compensation of our named executive officers                                                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |           2000 |                0 | FOR         |                                     2000 | FOR                         |  |
| TETRA Technologies, Inc.                       | 88162F105 | 06/12/2025     | Advisory vote to approve executive compensation.                                                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |          13600 |                0 | FOR         |                                    13600 | FOR                         |  |
| Regeneron Pharmaceuticals, Inc.                | 75886F107 | 06/13/2025     | Proposal to approve, on an advisory basis, executive compensation.                                                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |            720 |                0 | FOR         |                                      720 | FOR                         |  |
| Bakkt Holdings, Inc.                           | 05759B305 | 06/17/2025     | To approve, on a non-binding advisory basis, of the compensation of our named executive officers.                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |           4081 |           119829 | AGAINST     |                                     4081 | AGAINST                     |  |
| Bakkt Holdings, Inc.                           | 05759B305 | 06/17/2025     | To approve, on a non-binding advisory basis, of the frequency of future stockholder advisory votes on the compensation of our named executive officers.                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |           4081 |           119829 | ONE YEAR    |                                     4081 | FOR                         |  |
| Bicycle Therapeutics Plc                       | 088786108 | 06/17/2025     | To approve, on advisory basis, the compensation of our named executive officers, as disclosed in the proxy statement.                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |          14396 |                0 | FOR         |                                    14396 | FOR                         |  |
| Biogen Inc.                                    | 09062X103 | 06/17/2025     | Say on Pay - To hold an advisory vote on executive compensation.                                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |           3119 |                0 | AGAINST     |                                     3119 | AGAINST                     |  |
| WisdomTree, Inc.                               | 97717P104 | 06/17/2025     | To vote on an advisory resolution to approve the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |          45360 |                0 | FOR         |                                    45360 | FOR                         |  |
| Allogene Therapeutics, Inc.                    | 019770106 | 06/18/2025     | To approve, on an advisory basis, the compensation of the Company's named executive officers, as disclosed in the proxy statement.                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |          19194 |                0 | FOR         |                                    19194 | FOR                         |  |
| Mastercard Incorporated                        | 57636Q104 | 06/24/2025     | Advisory approval of Mastercard's executive compensation                                                                                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |           6000 |                0 | FOR         |                                     6000 | FOR                         |  |
| CoStar Group, Inc.                             | 22160N109 | 06/26/2025     | Proposal to approve, on an advisory basis, the Company's executive compensation.                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |            200 |                0 | AGAINST     |                                      200 | AGAINST                     |  |

## N-PX: Signature Block

**Reporting Person:** Horizon Kinetics Asset Management LLC

**By (Signature):** Russell W. Grimaldi

**By (Printed Signature):** Russell W. Grimaldi

**By (Title):** Chief Compliance Officer

**Date:** 08/11/2025