{
  "page": "compare",
  "query": {
    "a": "LSHEX",
    "b": "TEXX"
  },
  "retrieved_at": "2026-07-07T16:19:35+00:00",
  "disclaimer": "Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them.",
  "attribution": "Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC.",
  "terms": {
    "notice": "Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed.",
    "url": "https://fundwatcher.app/terms/"
  },
  "fund_a": {
    "name": "Kinetics Spin-Off and Corporate Restructuring Fund",
    "ticker": "LSHEX",
    "slug": "LSHEX",
    "series_id": "S000058593",
    "html_url": "https://fundwatcher.app/funds/LSHEX/"
  },
  "fund_b": {
    "name": "Horizon Kinetics Texas ETF",
    "ticker": "TEXX",
    "slug": "TEXX",
    "series_id": "S000100870",
    "html_url": "https://fundwatcher.app/funds/TEXX/"
  },
  "overlap": {
    "coverage_a_by_b": "0.1756015832305162474925905609",
    "coverage_b_by_a": "0.1756015832305162474925905609",
    "shared_count": 4,
    "as_of": {
      "a": "2026-03-31",
      "b": "2026-03-31"
    },
    "a_top": [
      {
        "name": "TEXAS PACIFIC LAND CORP",
        "value": "30925651.52",
        "weight": "0.76917829",
        "shared": true
      },
      {
        "name": "US BANK MMDA - USBGFS 7",
        "value": "2366886.72",
        "weight": "0.05886886",
        "shared": true
      },
      {
        "name": "Landbridge Company, LLC",
        "value": "1979663.50",
        "weight": "0.04923790",
        "shared": true
      },
      {
        "name": "ASSOCIATED CAPITAL GROUP INC W/I",
        "value": "1347990.00",
        "weight": "0.03352701",
        "shared": false
      },
      {
        "name": "HAWAIIAN ELECTRIC INDS INC",
        "value": "1230236.00",
        "weight": "0.03059825",
        "shared": false
      },
      {
        "name": "GAMCO INVSTRS. INC",
        "value": "408000.00",
        "weight": "0.01014772",
        "shared": false
      },
      {
        "name": "WATERBRIDGE IN-A",
        "value": "377685.42",
        "weight": "0.00939374",
        "shared": true
      },
      {
        "name": "PRAIRIESKY ROYALTY LTD",
        "value": "277765.80",
        "weight": "0.00690855",
        "shared": false
      },
      {
        "name": "Civeo Corporation",
        "value": "238140.00",
        "weight": "0.00592298",
        "shared": false
      },
      {
        "name": "Grayscale Bitcoin Mini Trust ETF",
        "value": "146471.16",
        "weight": "0.00364301",
        "shared": false
      },
      {
        "name": "WHITE MOUNTAINS INS GROUP LTD",
        "value": "127423.68",
        "weight": "0.00316926",
        "shared": false
      },
      {
        "name": "SB Technology Inc",
        "value": "100007.31",
        "weight": "0.00248737",
        "shared": false
      },
      {
        "name": "BOLT DATA & ENERGY INC.",
        "value": "100000.00",
        "weight": "0.00248719",
        "shared": false
      },
      {
        "name": "MIAMI INTERNATIONAL HOLDINGS INC",
        "value": "99168.16",
        "weight": "0.00246650",
        "shared": false
      },
      {
        "name": "ATLANTA BRAVES HOLDINGS INC",
        "value": "72333.80",
        "weight": "0.00179908",
        "shared": false
      },
      {
        "name": "GALAXY DIGITAL INC A",
        "value": "66420.00",
        "weight": "0.00165199",
        "shared": false
      },
      {
        "name": "EAGLE MATERIALS INC",
        "value": "64791.90",
        "weight": "0.00161149",
        "shared": false
      },
      {
        "name": "FAIRFAX INDI-SVS",
        "value": "44940.00",
        "weight": "0.00111774",
        "shared": false
      },
      {
        "name": "Urbana Corp.",
        "value": "43065.73",
        "weight": "0.00107112",
        "shared": false
      },
      {
        "name": "TXSE Group, Inc",
        "value": "29900.00",
        "weight": "0.00074367",
        "shared": false
      },
      {
        "name": "GENERAL ELECTRIC CO",
        "value": "28377.00",
        "weight": "0.00070579",
        "shared": false
      },
      {
        "name": "LIBERTY ENERGY INC CL A",
        "value": "27993.60",
        "weight": "0.00069625",
        "shared": false
      },
      {
        "name": "GE VERNOVA LLC",
        "value": "21822.50",
        "weight": "0.00054277",
        "shared": false
      },
      {
        "name": "Grayscale Bitcoin Cash Trust",
        "value": "20344.55",
        "weight": "0.00050601",
        "shared": false
      },
      {
        "name": "MESABI TRUST",
        "value": "17325.00",
        "weight": "0.00043090",
        "shared": false
      },
      {
        "name": "Urbana Corp. (Non-Voting)",
        "value": "9948.96",
        "weight": "0.00024745",
        "shared": false
      },
      {
        "name": "KNIFE RIVER HOLDING CO W/I",
        "value": "8165.00",
        "weight": "0.00020308",
        "shared": false
      },
      {
        "name": "SHS BEN INT",
        "value": "5609.32",
        "weight": "0.00013951",
        "shared": false
      },
      {
        "name": "SEAPORT ENTERTAINMENT GROUP INC",
        "value": "4038.24",
        "weight": "0.00010044",
        "shared": false
      },
      {
        "name": "Partners Value Investments LP",
        "value": "3845.88",
        "weight": "0.00009565",
        "shared": false
      },
      {
        "name": "FAIRFAX FINL HLDGS LTD SUB VTG",
        "value": "3404.00",
        "weight": "0.00008466",
        "shared": false
      },
      {
        "name": "TOEI ANIMATION",
        "value": "3270.22",
        "weight": "0.00008134",
        "shared": false
      },
      {
        "name": "Grayscale Bitcoin Trust ETF",
        "value": "3165.60",
        "weight": "0.00007873",
        "shared": false
      },
      {
        "name": "Anglo American PLC - ADR",
        "value": "1362.06",
        "weight": "0.00003388",
        "shared": false
      },
      {
        "name": "ECHOSTAR CORP CL A",
        "value": "468.28",
        "weight": "0.00001165",
        "shared": false
      },
      {
        "name": "VALTERRA PLATINUM LTD ADR",
        "value": "311.08",
        "weight": "0.00000774",
        "shared": false
      },
      {
        "name": "Grayscale Litecoin Trust",
        "value": "97.92",
        "weight": "0.00000244",
        "shared": false
      }
    ],
    "b_top": [
      {
        "name": "US BANK MMDA - USBGFS 7",
        "value": "293110.98",
        "weight": "0.08326221",
        "shared": true
      },
      {
        "name": "Landbridge Company, LLC",
        "value": "226138.75",
        "weight": "0.06423782",
        "shared": true
      },
      {
        "name": "Permian Basin Royalty Trust",
        "value": "215200.00",
        "weight": "0.06113052",
        "shared": false
      },
      {
        "name": "TEXAS PACIFIC LAND CORP",
        "value": "204535.36",
        "weight": "0.05810108",
        "shared": true
      },
      {
        "name": "DIAMONDBACK ENERGY INC",
        "value": "166143.60",
        "weight": "0.04719538",
        "shared": false
      },
      {
        "name": "OCCIDENTAL PETROLEUM CORP",
        "value": "143975.00",
        "weight": "0.04089808",
        "shared": false
      },
      {
        "name": "SLB LTD",
        "value": "138239.10",
        "weight": "0.03926872",
        "shared": false
      },
      {
        "name": "CONOCOPHILLIPS",
        "value": "129360.00",
        "weight": "0.03674649",
        "shared": false
      },
      {
        "name": "EXXON MOBIL CORP",
        "value": "127245.00",
        "weight": "0.03614569",
        "shared": false
      },
      {
        "name": "EOG RESOURCES INC",
        "value": "127221.60",
        "weight": "0.03613905",
        "shared": false
      },
      {
        "name": "CHEVRON CORP",
        "value": "122071.00",
        "weight": "0.03467595",
        "shared": false
      },
      {
        "name": "WATERBRIDGE IN-A",
        "value": "114661.20",
        "weight": "0.03257109",
        "shared": true
      },
      {
        "name": "KINDER MORGAN INC",
        "value": "112325.50",
        "weight": "0.03190760",
        "shared": false
      },
      {
        "name": "PLAINS ALL AMER PIPELINE LP PARTNERSHIP SHARES",
        "value": "111650.00",
        "weight": "0.03171572",
        "shared": false
      },
      {
        "name": "QUANTA SVCS INC",
        "value": "109804.00",
        "weight": "0.03119134",
        "shared": false
      },
      {
        "name": "Enterprise Products Partners LP",
        "value": "108222.40",
        "weight": "0.03074206",
        "shared": false
      },
      {
        "name": "MLP",
        "value": "103737.50",
        "weight": "0.02946806",
        "shared": false
      },
      {
        "name": "Sabine Royalty Trust",
        "value": "103592.50",
        "weight": "0.02942688",
        "shared": false
      },
      {
        "name": "CENTERPOINT ENERGY INC",
        "value": "102936.60",
        "weight": "0.02924056",
        "shared": false
      },
      {
        "name": "FLUOR CORP",
        "value": "101697.00",
        "weight": "0.02888843",
        "shared": false
      },
      {
        "name": "NRG ENERGY INC",
        "value": "91337.50",
        "weight": "0.02594567",
        "shared": false
      },
      {
        "name": "VISTRA CORP",
        "value": "89446.35",
        "weight": "0.02540847",
        "shared": false
      },
      {
        "name": "KIMBERLY CLARK CORP",
        "value": "88752.40",
        "weight": "0.02521134",
        "shared": false
      },
      {
        "name": "DR HORTON INC",
        "value": "83704.20",
        "weight": "0.02377733",
        "shared": false
      },
      {
        "name": "COMMERCIAL METALS CO",
        "value": "76787.50",
        "weight": "0.02181255",
        "shared": false
      },
      {
        "name": "LGI HOMES INC",
        "value": "68979.85",
        "weight": "0.01959468",
        "shared": false
      },
      {
        "name": "TPG INC",
        "value": "60359.90",
        "weight": "0.01714606",
        "shared": false
      },
      {
        "name": "GREEN BRICK PARTNERS INC",
        "value": "56716.00",
        "weight": "0.01611096",
        "shared": false
      },
      {
        "name": "CHENIERE ENERGY INC",
        "value": "17025.60",
        "weight": "0.00483636",
        "shared": false
      },
      {
        "name": "COPART INC",
        "value": "16600.00",
        "weight": "0.00471546",
        "shared": false
      },
      {
        "name": "FERMI INC",
        "value": "8760.00",
        "weight": "0.00248840",
        "shared": false
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0000894189-26-016407",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1083387/000089418926016407/0000894189-26-016407-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0001193125-26-236586",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1683471/000119312526236586/0001193125-26-236586-index.htm"
    }
  ]
}