Murray Stahl's LNG Position Overview
Murray Stahl (via Horizon Kinetics Asset Management LLC) currently holds 472,959 shares of Cheniere Energy, Inc. (LNG) worth $111.14 M, representing 1.35% of the portfolio. First purchased in 2015-Q3, 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 LNG, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2019, adding 266,962 shares. Largest reduction occurred in Q4 2023, reducing 103,600 shares.
Analysis based on 13F filings available since 2013 Q2
Murray Stahl's Cheniere Energy (LNG) Holding Value Over Time
Track share changes against reported price movement
Quarterly Cheniere Energy (LNG) Trades by Murray Stahl
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q3 2015 | +13,978 | New Buy | 13,978 | $48.29 |
| Q4 2015 | +2,443 | Add 17.48% | 16,421 | $37.27 |
| Q1 2016 | -2,255 | Reduce 13.73% | 14,166 | $33.81 |
| Q2 2016 | -1,407 | Reduce 9.93% | 12,759 | $37.54 |
| Q3 2016 | -2,927 | Reduce 22.94% | 9,832 | $43.63 |
| Q4 2016 | +924 | Add 9.40% | 10,756 | $41.47 |
| Q1 2017 | -892 | Reduce 8.29% | 9,864 | $47.24 |
| Q2 2017 | -720 | Reduce 7.30% | 9,144 | $48.78 |
| Q3 2017 | +386 | Add 4.22% | 9,530 | $45.12 |
| Q4 2017 | -407 | Reduce 4.27% | 9,123 | $53.82 |
| Q1 2018 | -552 | Reduce 6.05% | 8,571 | $53.55 |
| Q2 2018 | -1,697 | Reduce 19.80% | 6,874 | $65.17 |
| Q3 2018 | -55 | Reduce 0.80% | 6,819 | $69.51 |
| Q4 2018 | +245,254 | Add 3596.63% | 252,073 | $59.19 |
| Q1 2019 | +344,372 | Add 0.00% | 344,371 | $68.36 |
| Q2 2019 | +266,962 | Add 77.52% | 611,333 | $68.45 |
| Q3 2019 | +58,599 | Add 9.59% | 669,932 | $63.06 |
| Q4 2019 | -61,757 | Reduce 9.22% | 608,175 | $61.07 |
| Q1 2020 | +114,388 | Add 18.81% | 722,563 | $33.50 |
| Q2 2020 | -72,614 | Reduce 10.05% | 649,949 | $48.32 |
| Q3 2020 | -47,769 | Reduce 7.35% | 602,180 | $46.27 |
| Q4 2020 | -100,751 | Reduce 16.73% | 501,429 | $60.03 |
| Q1 2021 | +23,791 | Add 4.74% | 525,220 | $72.01 |
| Q2 2021 | -6,953 | Reduce 1.32% | 518,267 | $86.74 |
| Q3 2021 | -9,547 | Reduce 1.84% | 508,720 | $97.67 |
| Q4 2021 | +11,392 | Add 2.24% | 520,112 | $101.42 |
| Q1 2022 | +79,697 | Add 15.32% | 599,809 | $138.65 |
| Q2 2022 | +148,471 | Add 24.75% | 748,280 | $133.03 |
| Q3 2022 | -39,189 | Reduce 5.24% | 709,091 | $165.91 |
| Q4 2022 | -15,497 | Reduce 2.19% | 693,594 | $149.96 |
| Q1 2023 | -17,610 | Reduce 2.54% | 675,984 | $157.60 |
| Q2 2023 | -33,133 | Reduce 4.90% | 642,851 | $152.36 |
| Q3 2023 | -42,863 | Reduce 6.67% | 599,988 | $165.96 |
| Q4 2023 | -103,600 | Reduce 17.27% | 496,388 | $170.71 |
| Q1 2024 | -37,832 | Reduce 7.62% | 458,556 | $161.28 |
| Q2 2024 | +14,813 | Add 3.23% | 473,369 | $174.83 |
| Q3 2024 | -4,605 | Reduce 0.97% | 468,764 | $179.84 |
| Q4 2024 | +20,541 | Add 4.38% | 489,305 | $214.87 |
| Q1 2025 | -5,209 | Reduce 1.06% | 484,096 | $231.40 |
| Q2 2025 | +816 | Add 0.17% | 484,912 | $243.52 |
| Q3 2025 | -11,953 | Reduce 2.46% | 472,959 | $234.98 |
Murray Stahl's Cheniere Energy Investment FAQs
Murray Stahl first purchased Cheniere Energy, Inc. (LNG) in Q3 2015, acquiring 13,978 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 Cheniere Energy, Inc. (LNG) for 41 quarters since Q3 2015.
Murray Stahl's largest addition to Cheniere Energy, Inc. (LNG) was in Q1 2019, adding 344,371 shares worth $23.54 M.
According to the latest 13F filing for Q3 2025, Murray Stahl's firm, Horizon Kinetics Asset Management LLC, owns 472,959 shares of Cheniere Energy, Inc. (LNG), valued at approximately $111.14 M.
As of the Q3 2025 filing, Cheniere Energy, Inc. (LNG) represents approximately 1.35% of Murray Stahl's publicly disclosed stock portfolio, making it one of their key holdings.
Murray Stahl's peak holding in Cheniere Energy, Inc. (LNG) was 748,280 shares, as reported at the end of Q2 2022.