HORIZON KINETICS HOLDING CORPORATION

LIST OF SUBSIDIARIES*

(as of December 31, 2025)

Name*		State or Jurisdiction of Incorporation or Organization
Horizon Kinetics LLC		Delaware
Horizon Kinetics Asset Management LLC		Delaware
Kinetics Funds Distributor LLC		Delaware
KBD Securities, LLC		New York

 

* Certain subsidiaries have been omitted because, when considered in the aggregate, they do not constitute a significant subsidiary.