Murray Stahl's BAM Position Overview
Murray Stahl (via Horizon Kinetics Asset Management LLC) currently holds 190,473 shares of Brookfield Asset Management Ltd. (BAM) worth $9.98 M, representing 0.13% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 51 quarters.
Based on 13F filings since 2013, Murray Stahl has maintained a long-term strategic position in BAM, representing a significant commitment to this investment thesis. Largest addition occurred in Q1 2020, adding 878,359 shares. Largest reduction occurred in Q3 2015, reducing 2.72 M shares.
Analysis based on 13F filings available since 2013 Q2
Murray Stahl's Brookfield Asset Management (BAM) Holding Value Over Time
Track share changes against reported price movement
Quarterly Brookfield Asset Management (BAM) Trades by Murray Stahl
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -174 | Reduce 0.09% | 190,473 | $52.39 |
| Q3 2025 | -22,926 | Reduce 10.73% | 190,647 | $56.94 |
| Q2 2025 | -12,838 | Reduce 5.67% | 213,573 | $55.28 |
| Q1 2025 | -7,949 | Reduce 3.39% | 226,411 | $48.45 |
| Q4 2024 | -6,220 | Reduce 2.59% | 234,360 | $54.19 |
| Q3 2024 | -29,712 | Reduce 10.99% | 240,580 | $47.29 |
| Q2 2024 | -100,300 | Reduce 27.06% | 270,292 | $38.05 |
| Q1 2024 | -16,296 | Reduce 4.21% | 370,592 | $42.02 |
| Q4 2023 | -44,759 | Reduce 10.37% | 386,888 | $40.17 |
| Q3 2023 | -44,283 | Reduce 9.30% | 431,647 | $33.34 |
| Q2 2023 | -31,905 | Reduce 6.28% | 475,930 | $32.63 |
| Q1 2023 | -39,385 | Reduce 7.20% | 507,835 | $32.72 |
| Q4 2022 | -1.68 M | Reduce 75.46% | 547,220 | $28.67 |
| Q3 2022 | -93,199 | Reduce 4.01% | 2.23 M | $40.89 |
| Q2 2022 | +57,367 | Add 2.53% | 2.32 M | $44.47 |
| Q1 2022 | +187,959 | Add 9.04% | 2.27 M | $56.57 |
| Q4 2021 | +64,059 | Add 3.18% | 2.08 M | $60.38 |
| Q3 2021 | +38,141 | Add 1.93% | 2.01 M | $53.51 |
| Q2 2021 | +271,882 | Add 15.96% | 1.98 M | $50.98 |
| Q1 2021 | +49,831 | Add 3.01% | 1.7 M | $44.19 |
| Q4 2020 | -109,397 | Reduce 6.20% | 1.65 M | $40.98 |
| Q3 2020 | -102,632 | Reduce 5.50% | 1.76 M | $32.83 |
| Q2 2020 | -1.2 M | Reduce 39.16% | 1.87 M | $32.67 |
| Q1 2020 | +878,359 | Add 40.12% | 3.07 M | $19.53 |
| Q4 2019 | -105,881 | Reduce 4.61% | 2.19 M | $38.27 |
| Q3 2019 | +101,523 | Add 4.63% | 2.3 M | $35.15 |
| Q2 2019 | -72,318 | Reduce 3.19% | 2.19 M | $31.63 |
| Q1 2019 | -77,088 | Reduce 3.29% | 2.27 M | $30.88 |
| Q4 2018 | -143,455 | Reduce 5.77% | 2.34 M | $25.39 |
| Q3 2018 | -61,765 | Reduce 2.42% | 2.49 M | $29.48 |
| Q2 2018 | -53,992 | Reduce 2.07% | 2.55 M | $26.84 |
| Q1 2018 | -223,047 | Reduce 7.89% | 2.6 M | $25.82 |
| Q4 2017 | -92,767 | Reduce 3.18% | 2.83 M | $28.82 |
| Q3 2017 | -79,141 | Reduce 2.64% | 2.92 M | $27.34 |
| Q2 2017 | -442,382 | Reduce 12.86% | 3 M | $25.96 |
| Q1 2017 | -132,602 | Reduce 3.71% | 3.44 M | $24.14 |
| Q4 2016 | -860,401 | Reduce 19.41% | 3.57 M | $21.85 |
| Q3 2016 | -144,321 | Reduce 3.15% | 4.43 M | $23.29 |
| Q2 2016 | -258,671 | Reduce 5.35% | 4.58 M | $21.89 |
| Q1 2016 | -576,757 | Reduce 10.66% | 4.84 M | $23.03 |
| Q4 2015 | -961,787 | Reduce 15.09% | 5.41 M | $20.87 |
| Q3 2015 | -2.72 M | Reduce 29.87% | 6.37 M | $20.81 |
| Q2 2015 | -679,522 | Reduce 6.96% | 9.09 M | $23.12 |
| Q1 2015 | -778,224 | Reduce 7.38% | 9.77 M | $23.66 |
| Q4 2014 | -240,571 | Reduce 2.23% | 10.55 M | $22.13 |
| Q3 2014 | -235,955 | Reduce 2.14% | 10.79 M | $19.84 |
| Q2 2014 | -239,777 | Reduce 2.13% | 11.02 M | $19.43 |
| Q1 2014 | -1.31 M | Reduce 10.41% | 11.26 M | $18.03 |
| Q4 2013 | -1.37 M | Reduce 9.82% | 12.57 M | $17.14 |
| Q3 2013 | -550,817 | Reduce 3.80% | 13.94 M | $16.51 |
| Q2 2013 | +14.49 M | Add 0.00% | 14.49 M | $15.90 |
Murray Stahl's Brookfield Asset Management Investment FAQs
Murray Stahl first purchased Brookfield Asset Management Ltd. (BAM) in Q2 2013, acquiring 14,492,446 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 Brookfield Asset Management Ltd. (BAM) for 51 quarters since Q2 2013.
Murray Stahl's largest addition to Brookfield Asset Management Ltd. (BAM) was in Q2 2013, adding 14,492,446 shares worth $230.4 M.
According to the latest 13F filing for Q4 2025, Murray Stahl's firm, Horizon Kinetics Asset Management LLC, owns 190,473 shares of Brookfield Asset Management Ltd. (BAM), valued at approximately $9.98 M.
As of the Q4 2025 filing, Brookfield Asset Management Ltd. (BAM) represents approximately 0.13% of Murray Stahl's publicly disclosed stock portfolio, making it one of their key holdings.
Murray Stahl's peak holding in Brookfield Asset Management Ltd. (BAM) was 14,492,446 shares, as reported at the end of Q2 2013.