Murray Stahl's AC Position Overview
Murray Stahl (via Horizon Kinetics Asset Management LLC) currently holds 0 shares of Associated Capital Group, Inc. (AC) worth $0, representing 0.00% of the portfolio. First purchased in 2015-Q4, this long-term strategic position has been held for 41 quarters.
Based on 13F filings since 2013, Murray Stahl has maintained a long-term strategic position in AC, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2016, adding 918,383 shares. Largest reduction occurred in Q4 2025, reducing 805,348 shares.
Analysis based on 13F filings available since 2013 Q2
Murray Stahl's Associated Capital Group (AC) Holding Value Over Time
Track share changes against reported price movement
Quarterly Associated Capital Group (AC) Trades by Murray Stahl
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2015 | +48,464 | New Buy | 48,464 | $30.50 |
| Q1 2016 | +46,743 | Add 96.45% | 95,207 | $28.02 |
| Q2 2016 | +86,604 | Add 90.96% | 181,811 | $28.68 |
| Q3 2016 | +93,629 | Add 51.50% | 275,440 | $35.46 |
| Q4 2016 | +918,383 | Add 333.42% | 1.19 M | $32.85 |
| Q1 2017 | +29,166 | Add 2.44% | 1.22 M | $36.15 |
| Q2 2017 | +59,717 | Add 4.88% | 1.28 M | $34.00 |
| Q3 2017 | +39,167 | Add 3.05% | 1.32 M | $35.70 |
| Q4 2017 | +4,168 | Add 0.32% | 1.33 M | $34.10 |
| Q1 2018 | -14,024 | Reduce 1.06% | 1.31 M | $37.45 |
| Q2 2018 | +112,812 | Add 8.60% | 1.42 M | $37.95 |
| Q3 2018 | +60,291 | Add 4.23% | 1.49 M | $42.55 |
| Q4 2018 | +37,301 | Add 2.51% | 1.52 M | $35.23 |
| Q1 2019 | -2,535 | Reduce 0.17% | 1.52 M | $39.56 |
| Q2 2019 | -14,006 | Reduce 0.92% | 1.51 M | $37.40 |
| Q3 2019 | -27,796 | Reduce 1.85% | 1.48 M | $35.59 |
| Q4 2019 | -18,717 | Reduce 1.27% | 1.46 M | $39.20 |
| Q1 2020 | -10,239 | Reduce 0.70% | 1.45 M | $30.60 |
| Q2 2020 | -36,597 | Reduce 2.53% | 1.41 M | $36.69 |
| Q3 2020 | -19,649 | Reduce 1.39% | 1.39 M | $36.13 |
| Q4 2020 | -59,927 | Reduce 4.30% | 1.33 M | $35.12 |
| Q1 2021 | -48,352 | Reduce 3.63% | 1.28 M | $35.86 |
| Q2 2021 | -20,460 | Reduce 1.59% | 1.26 M | $38.86 |
| Q3 2021 | -2,625 | Reduce 0.21% | 1.26 M | $37.41 |
| Q4 2021 | -7,951 | Reduce 0.63% | 1.25 M | $43.00 |
| Q1 2022 | +6,762 | Add 0.54% | 1.26 M | $41.91 |
| Q2 2022 | -6,685 | Reduce 0.53% | 1.25 M | $35.83 |
| Q3 2022 | -3,203 | Reduce 0.26% | 1.25 M | $36.76 |
| Q4 2022 | -5,532 | Reduce 0.44% | 1.24 M | $41.99 |
| Q1 2023 | -8,445 | Reduce 0.68% | 1.24 M | $36.95 |
| Q2 2023 | -14,396 | Reduce 1.16% | 1.22 M | $35.40 |
| Q3 2023 | -41,702 | Reduce 3.41% | 1.18 M | $36.50 |
| Q4 2023 | -37,852 | Reduce 3.21% | 1.14 M | $35.71 |
| Q1 2024 | -102,126 | Reduce 8.94% | 1.04 M | $32.71 |
| Q2 2024 | -28,832 | Reduce 2.77% | 1.01 M | $34.02 |
| Q3 2024 | -36,428 | Reduce 3.60% | 975,128 | $35.42 |
| Q4 2024 | -57,498 | Reduce 5.90% | 917,630 | $34.26 |
| Q1 2025 | -9,685 | Reduce 1.06% | 907,945 | $38.32 |
| Q2 2025 | -41,566 | Reduce 4.58% | 866,379 | $37.50 |
| Q3 2025 | -61,031 | Reduce 7.04% | 805,348 | $33.53 |
| Q4 2025 | -805,348 | Sold Out | 0 | $0.00 |
Murray Stahl's Associated Capital Group Investment FAQs
Murray Stahl first purchased Associated Capital Group, Inc. (AC) in Q4 2015, acquiring 48,464 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Murray Stahl has held Associated Capital Group, Inc. (AC) for 41 quarters since Q4 2015.
Murray Stahl's largest addition to Associated Capital Group, Inc. (AC) was in Q4 2016, adding 1,193,823 shares worth $39.22 M.
According to the latest 13F filing for Q4 2025, Murray Stahl's firm, Horizon Kinetics Asset Management LLC, owns 0 shares of Associated Capital Group, Inc. (AC), valued at approximately $0.
As of the Q4 2025 filing, Associated Capital Group, Inc. (AC) represents approximately 0.00% of Murray Stahl's publicly disclosed stock portfolio, making it one of their key holdings.
Murray Stahl's peak holding in Associated Capital Group, Inc. (AC) was 1,522,421 shares, as reported at the end of Q4 2018.