LSHAX — Kinetics Spin-Off and Corporate Restructuring Fund
Data updated: 2026-05-28
LSHAX — Kinetics Spin-Off and Corporate Restructuring Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. United States Financials Equity · $40.20M AUM · 1.50% expense ratio · 7.0% 1-yr return. From SEC regulatory 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 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 Financials Equity
- Assets under management: $40.20M
- 1-year return: 7.0%
- 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 | 76.93% |
| Texas Pacific Land Corp | 76.93% |
| US Bank Mmda - Usbgfs 7 | 5.89% |
| US Bank Mmda - Usbgfs 7 | 5.89% |
| Landbridge Co LLC | 4.92% |
| Landbridge Co LLC | 4.92% |
| Associated Capital Group Inc | 3.35% |
| Associated Capital Group Inc | 3.35% |
| Hawaiian Electric Industries I | 3.06% |
| Hawaiian Electric Industries I | 3.06% |
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 | 188.2% |
| Cash & Equivalents | 11.8% |
LSHAX Performance
Total returns for LSHAX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 52.3% |
| 1 year | 7.0% |
| 3 years (annualised) | 29.9% |
| 5 years (annualised) | 17.8% |
LSHAX Risk Information
Risk metrics for LSHAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 49.2%
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 2026-03, Kinetics Spin-Off and Corporate Restructuring Fund had net outflows of $464.01K, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | −$2.01K |
| 2026-02 | $1.58M |
| 2026-01 | −$767.31K |
| 2025-12 | $2.21M |
| 2025-11 | −$451.66K |
| 2025-10 | −$234.29K |
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.
Related Funds
Other United States 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.