Murray Stahl's CMRE Position Overview
Murray Stahl (via Horizon Kinetics Asset Management LLC) currently holds 221,950 shares of Costamare Inc. (CMRE) worth $3.5 M, representing 0.05% of the portfolio. First purchased in 2013-Q3, this long-term strategic position has been held for 50 quarters.
Based on 13F filings since 2013, Murray Stahl has maintained a long-term strategic position in CMRE, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2024, adding 94,900 shares. Largest reduction occurred in Q3 2025, reducing 104,000 shares.
Analysis based on 13F filings available since 2013 Q2
Murray Stahl's Costamare (CMRE) Holding Value Over Time
Track share changes against reported price movement
Quarterly Costamare (CMRE) Trades by Murray Stahl
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -5,150 | Reduce 2.27% | 221,950 | $15.79 |
| Q3 2025 | -104,000 | Reduce 31.41% | 227,100 | $11.91 |
| Q2 2025 | +9,460 | Add 2.94% | 331,100 | $9.11 |
| Q1 2025 | +40 | Add 0.01% | 321,640 | $9.84 |
| Q4 2024 | -1,400 | Reduce 0.43% | 321,600 | $12.85 |
| Q3 2024 | +94,900 | Add 41.60% | 323,000 | $15.72 |
| Q2 2024 | -2,500 | Reduce 1.08% | 228,100 | $16.43 |
| Q1 2024 | -3,234 | Reduce 1.38% | 230,600 | $11.35 |
| Q4 2023 | -500 | Reduce 0.21% | 233,834 | $10.41 |
| Q3 2023 | +6,000 | Add 2.63% | 234,334 | $9.62 |
| Q2 2023 | +397 | Add 0.17% | 228,334 | $9.67 |
| Q1 2023 | +200 | Add 0.09% | 227,937 | $9.41 |
| Q4 2022 | +3,000 | Add 1.33% | 227,737 | $9.28 |
| Q3 2022 | +3,000 | Add 1.35% | 224,737 | $8.95 |
| Q2 2022 | -4,800 | Reduce 2.12% | 221,737 | $12.10 |
| Q1 2022 | -600 | Reduce 0.26% | 226,537 | $17.05 |
| Q4 2021 | +6,400 | Add 2.90% | 227,137 | $12.65 |
| Q3 2021 | -8,500 | Reduce 3.71% | 220,737 | $15.49 |
| Q2 2021 | -8,000 | Reduce 3.37% | 229,237 | $11.81 |
| Q1 2021 | -4,000 | Reduce 1.66% | 237,237 | $9.62 |
| Q4 2020 | -3,500 | Reduce 1.43% | 241,237 | $8.28 |
| Q3 2020 | +18,619 | Add 8.23% | 244,737 | $6.07 |
| Q2 2020 | -22,861 | Reduce 9.18% | 226,118 | $5.56 |
| Q1 2020 | -29,300 | Reduce 10.53% | 248,979 | $4.52 |
| Q4 2019 | -7,765 | Reduce 2.71% | 278,279 | $9.53 |
| Q3 2019 | -1,428 | Reduce 0.50% | 286,044 | $6.07 |
| Q2 2019 | +13,600 | Add 4.97% | 287,472 | $5.13 |
| Q1 2019 | +25,795 | Add 10.40% | 273,872 | $5.20 |
| Q4 2018 | +16,183 | Add 6.98% | 248,077 | $4.39 |
| Q3 2018 | -500 | Reduce 0.22% | 231,894 | $6.49 |
| Q2 2018 | -1,416 | Reduce 0.61% | 232,394 | $7.98 |
| Q1 2018 | +1,700 | Add 0.73% | 233,810 | $6.24 |
| Q4 2017 | -4,168 | Reduce 1.76% | 232,110 | $5.77 |
| Q3 2017 | +6,300 | Add 2.74% | 236,278 | $6.18 |
| Q2 2017 | -6,200 | Reduce 2.63% | 229,978 | $7.31 |
| Q1 2017 | +71,503 | Add 43.42% | 236,178 | $6.66 |
| Q4 2016 | +44,909 | Add 37.50% | 164,675 | $5.60 |
| Q3 2016 | +1,830 | Add 1.55% | 119,766 | $9.14 |
| Q2 2016 | +3,679 | Add 3.22% | 117,936 | $7.67 |
| Q1 2016 | +24,425 | Add 27.19% | 114,257 | $8.90 |
| Q4 2015 | -2,252 | Reduce 2.45% | 89,832 | $10.42 |
| Q3 2015 | +4,542 | Add 5.19% | 92,084 | $12.27 |
| Q2 2015 | +260 | Add 0.30% | 87,542 | $18.37 |
| Q1 2015 | +3,640 | Add 4.35% | 87,282 | $17.61 |
| Q4 2014 | +1,255 | Add 1.52% | 83,642 | $17.61 |
| Q3 2014 | +495 | Add 0.60% | 82,387 | $21.96 |
| Q2 2014 | +666 | Add 0.82% | 81,892 | $23.32 |
| Q1 2014 | +4,283 | Add 5.57% | 81,226 | $21.50 |
| Q4 2013 | +64,844 | Add 535.95% | 76,943 | $18.27 |
| Q3 2013 | +12,099 | New Buy | 12,099 | $17.60 |
Murray Stahl's Costamare Investment FAQs
Murray Stahl first purchased Costamare Inc. (CMRE) in Q3 2013, acquiring 12,099 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 Costamare Inc. (CMRE) for 50 quarters since Q3 2013.
Murray Stahl's largest addition to Costamare Inc. (CMRE) was in Q3 2024, adding 323,000 shares worth $5.08 M.
According to the latest 13F filing for Q4 2025, Murray Stahl's firm, Horizon Kinetics Asset Management LLC, owns 221,950 shares of Costamare Inc. (CMRE), valued at approximately $3.5 M.
As of the Q4 2025 filing, Costamare Inc. (CMRE) represents approximately 0.05% of Murray Stahl's publicly disclosed stock portfolio, making it one of their key holdings.
Murray Stahl's peak holding in Costamare Inc. (CMRE) was 331,100 shares, as reported at the end of Q2 2025.