Murray Stahl's NRP Position Overview
Murray Stahl (via Horizon Kinetics Asset Management LLC) currently holds 24,865 shares of Natural Resource Partners L.P. (NRP) worth $2.6 M, representing 0.04% of the portfolio. First purchased in 2024-Q3, this short-term holding has been held for 6 quarters.
Based on 13F filings, Murray Stahl has maintained this position in NRP for several quarters, showing initial confidence in the investment. Largest addition occurred in Q3 2025, adding 5,457 shares. Largest reduction occurred in Q4 2024, reducing 1,027 shares.
Analysis based on 13F filings available since 2013 Q2
Murray Stahl's Natural Resource Partners (NRP) Holding Value Over Time
Track share changes against reported price movement
Quarterly Natural Resource Partners (NRP) Trades by Murray Stahl
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q3 2024 | +19,422 | New Buy | 19,422 | $97.80 |
| Q4 2024 | -1,027 | Reduce 5.29% | 18,395 | $111.00 |
| Q1 2025 | -370 | Reduce 2.01% | 18,025 | $103.90 |
| Q2 2025 | +1,098 | Add 6.09% | 19,123 | $95.51 |
| Q3 2025 | +5,457 | Add 28.54% | 24,580 | $105.00 |
| Q4 2025 | +285 | Add 1.16% | 24,865 | $104.40 |
Murray Stahl's Natural Resource Partners Investment FAQs
Murray Stahl first purchased Natural Resource Partners L.P. (NRP) in Q3 2024, acquiring 19,422 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 Natural Resource Partners L.P. (NRP) for 6 quarters since Q3 2024.
Murray Stahl's largest addition to Natural Resource Partners L.P. (NRP) was in Q3 2024, adding 19,422 shares worth $1.9 M.
According to the latest 13F filing for Q4 2025, Murray Stahl's firm, Horizon Kinetics Asset Management LLC, owns 24,865 shares of Natural Resource Partners L.P. (NRP), valued at approximately $2.6 M.
As of the Q4 2025 filing, Natural Resource Partners L.P. (NRP) 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 Natural Resource Partners L.P. (NRP) was 24,865 shares, as reported at the end of Q4 2025.