LSHAX — Kinetics Spin-Off and Corporate Restructuring Fund
Data updated: 2026-08-19
LSHAX — Kinetics Spin-Off and Corporate Restructuring Fund. United States Mid Cap Blend / Core Financials Equity. Holdings, fees, performance and SEC filings.
LSHAX Fund Overview
LSHAX — Kinetics Spin-Off and Corporate Restructuring Fund is a US mutual fund managed by Kinetics Mutual Funds INC, categorised as United States Mid Cap Blend / Core Financials Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Kinetics Mutual Funds INC
- Category: United States Mid Cap Blend / Core Financials Equity
- Assets under management: $35.98M
- 1-year return: 21.1%
- Ticker: LSHAX
- SEC CIK: 0001083387
- SEC series ID: S000058593
- Share class ID: C000192497
LSHAX Holdings
Top 10 holdings of Kinetics Spin-Off and Corporate Restructuring Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Texas Pacific Land Corp | 76.67% |
| Landbridge Co LLC | 6.31% |
| Associated Capital Group Inc | 3.42% |
| Hawaiian Electric Industries I | 3.14% |
| US Bank Mmda - Usbgfs 7 | 3.05% |
| WaterBridge Infrastructure LLC | 1.34% |
| GAMCO Investors Inc | 1.12% |
| Civeo Corp | 0.88% |
| PrairieSky Royalty Ltd | 0.75% |
| SB Technology Inc | 0.70% |
LSHAX Portfolio Allocation
Asset-class allocation of Kinetics Spin-Off and Corporate Restructuring Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 97.1% |
| Cash & Equivalents | 3.1% |
LSHAX Performance
Total returns for LSHAX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 44.2% |
| 1 year | 21.1% |
| 3 years (annualised) | 33.3% |
| 5 years (annualised) | 15.5% |
LSHAX Risk Information
Risk metrics for LSHAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 49.4%
LSHAX Costs and Fees
LSHAX costs about $150 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.50%
- Gross expense ratio: 1.99%
- Portfolio turnover: 4%
- Brokerage commissions: 0.37 bps of average net assets (SEC N-CEN)
LSHAX Cashflows
Over the 12 months to 2026-06, Kinetics Spin-Off and Corporate Restructuring Fund had net outflows of $536.63K, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$174.79K |
| 2026-05 | −$1.50M |
| 2026-04 | −$365.25K |
| 2026-03 | −$2.01K |
| 2026-02 | $1.58M |
| 2026-01 | −$767.31K |
LSHAX Debt Constituents
No individual debt constituents are reported in Kinetics Spin-Off and Corporate Restructuring Fund's latest SEC N-PORT filing.
LSHAX Prospectus and SEC Filings
Official Kinetics Spin-Off and Corporate Restructuring Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-05-01
- Prospectus supplement (497) — filed 2026-05-06
- Prospectus supplement (497) — filed 2025-05-06
- Portfolio holdings (N-PORT) — filed 2026-08-19
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-25
- Annual census (N-CEN) — filed 2026-03-13
- Annual census (N-CEN) — filed 2025-03-14
Related Funds
Other United States Mid Cap Blend / Core Financials Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.