Inside a $300 Million Bet on a Land-Based Energy Stock That's Fallen 10% This Past Year

New York City-based Horizon Kinetics Asset Management reported a buy of 133,188 shares of LandBridge Company LLC (LB), while the position value decreased by $71.14 million, per a November 14 SEC filing.According to a filing with the Securities and Exchange Commission dated November 14, Horizon Kinetics Asset Management increased its position in LandBridge Company LLC (LB) by 133,188 shares in the third quarter. The post-transaction position totaled 5.63 million shares with a reported value of $300.47 million at quarter-end.LandBridge comprised 3.66% of Horizon Kinetics’ 13F assets after the transaction.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool