Equity holdings (as of April 30, 2013*)
*The information contained on this page is updated at the discretion of Kinetics Asset
Management LLC. It is only representative of the Fund's portfolio on the date specified.
Position size may not be indicative of actual market position due to the
use of call and put options.
The securities and ticker symbols listed above may not represent the actual securities held in the fund.
To the extent a particular security price cannot be obtained, a representative security ticker may be listed.