Murray Stahl's CSCO Position Overview
Murray Stahl (via Horizon Kinetics Asset Management LLC) currently holds 38,941 shares of Cisco Systems, Inc. (CSCO) worth $3 M, representing 0.04% 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 CSCO, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2024, adding 15,779 shares. Largest reduction occurred in Q3 2025, reducing 15,950 shares.
Analysis based on 13F filings available since 2013 Q2
Murray Stahl's Cisco Systems (CSCO) Holding Value Over Time
Track share changes against reported price movement
Quarterly Cisco Systems (CSCO) Trades by Murray Stahl
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -1,750 | Reduce 4.30% | 38,941 | $77.03 |
| Q3 2025 | -15,950 | Reduce 28.16% | 40,691 | $68.42 |
| Q4 2024 | +50 | Add 0.09% | 56,641 | $59.20 |
| Q3 2024 | +15,779 | Add 38.66% | 56,591 | $53.22 |
| Q2 2024 | +1,626 | Add 4.15% | 40,812 | $47.51 |
| Q1 2024 | -100 | Reduce 0.25% | 39,186 | $49.91 |
| Q4 2023 | -182 | Reduce 0.46% | 39,286 | $50.52 |
| Q3 2023 | -275 | Reduce 0.69% | 39,468 | $53.76 |
| Q1 2023 | +599 | Add 1.53% | 39,743 | $52.27 |
| Q4 2022 | +200 | Add 0.51% | 39,144 | $47.64 |
| Q3 2022 | +118 | Add 0.30% | 38,944 | $40.01 |
| Q2 2022 | +969 | Add 2.56% | 38,826 | $42.65 |
| Q1 2022 | +350 | Add 0.93% | 37,857 | $55.76 |
| Q3 2021 | -1,200 | Reduce 3.10% | 37,507 | $54.44 |
| Q2 2021 | +50 | Add 0.13% | 38,707 | $52.99 |
| Q1 2021 | -2,519 | Reduce 6.12% | 38,657 | $51.71 |
| Q4 2020 | -10,847 | Reduce 20.85% | 41,176 | $44.76 |
| Q3 2020 | -3,311 | Reduce 5.98% | 52,023 | $39.39 |
| Q2 2020 | -1,587 | Reduce 2.79% | 55,334 | $46.64 |
| Q1 2020 | +3,915 | Add 7.39% | 56,921 | $39.32 |
| Q4 2019 | +5,713 | Add 12.08% | 53,006 | $47.96 |
| Q3 2019 | -3,198 | Reduce 6.33% | 47,293 | $49.42 |
| Q2 2019 | -913 | Reduce 1.78% | 50,491 | $54.72 |
| Q1 2019 | +2,982 | Add 6.16% | 51,404 | $53.98 |
| Q4 2018 | -4,508 | Reduce 8.52% | 48,422 | $43.33 |
| Q3 2018 | -215 | Reduce 0.40% | 52,930 | $48.65 |
| Q2 2018 | +1,270 | Add 2.45% | 53,145 | $43.03 |
| Q1 2018 | -1,225 | Reduce 2.31% | 51,875 | $42.89 |
| Q3 2017 | +2,950 | Add 5.88% | 53,100 | $33.63 |
| Q2 2017 | +4,133 | Add 8.98% | 50,150 | $31.29 |
| Q1 2017 | -955 | Reduce 2.03% | 46,017 | $33.79 |
| Q4 2016 | -501 | Reduce 1.06% | 46,972 | $30.21 |
| Q3 2016 | +537 | Add 1.14% | 47,473 | $31.72 |
| Q2 2016 | +713 | Add 1.54% | 46,936 | $28.70 |
| Q1 2016 | +1,736 | Add 3.90% | 46,223 | $28.47 |
| Q4 2015 | +600 | Add 1.37% | 44,487 | $27.15 |
| Q3 2015 | +2,837 | Add 6.91% | 43,887 | $26.25 |
| Q2 2015 | -1,450 | Reduce 3.41% | 41,050 | $27.45 |
| Q1 2015 | -1,579 | Reduce 3.58% | 42,500 | $27.53 |
| Q4 2014 | -221 | Reduce 0.50% | 44,079 | $27.81 |
| Q3 2014 | -100 | Reduce 0.23% | 44,300 | $25.17 |
| Q2 2014 | +2,866 | Add 6.90% | 44,400 | $24.84 |
| Q1 2014 | +6,984 | Add 20.21% | 41,534 | $22.42 |
| Q4 2013 | -7,700 | Reduce 18.22% | 34,550 | $22.43 |
| Q3 2013 | +6,950 | Add 19.69% | 42,250 | $23.43 |
| Q2 2013 | +35,301 | Add 0.00% | 35,300 | $24.33 |
Murray Stahl's Cisco Systems Investment FAQs
Murray Stahl first purchased Cisco Systems, Inc. (CSCO) in Q2 2013, acquiring 35,300 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 Cisco Systems, Inc. (CSCO) for 51 quarters since Q2 2013.
Murray Stahl's largest addition to Cisco Systems, Inc. (CSCO) was in Q2 2013, adding 35,300 shares worth $859,000.
According to the latest 13F filing for Q4 2025, Murray Stahl's firm, Horizon Kinetics Asset Management LLC, owns 38,941 shares of Cisco Systems, Inc. (CSCO), valued at approximately $3 M.
As of the Q4 2025 filing, Cisco Systems, Inc. (CSCO) represents approximately 0.04% of Murray Stahl's publicly disclosed stock portfolio, making it one of their key holdings.
Murray Stahl's peak holding in Cisco Systems, Inc. (CSCO) was 56,921 shares, as reported at the end of Q1 2020.