Horizon Kinetics boosts to 21.3% ownership of Civeo Corp (NYSE: CVEO)

Rhea-AI Filing Summary

Horizon Kinetics Asset Management LLC reports a sizable stake in Civeo Corp, disclosing beneficial ownership of 2,449,487 common shares, representing 21.3% of the class as of 12/31/2025. Horizon Kinetics has sole voting and dispositive power over these shares and is organized in Delaware.

The firm states the shares were acquired and are held in the ordinary course of business, not for the purpose or effect of changing or influencing control of Civeo Corp. The filing is signed by General Counsel Jay Kesslen on behalf of Horizon Kinetics Asset Management LLC.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 7)

Civeo Corp

(Name of Issuer)

Common Shares

(Title of Class of Securities)

17878Y207

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 17878Y207

1

Names of Reporting Persons

HORIZON KINETICS ASSET MANAGEMENT LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 2,449,487.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 2,449,487.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,449,487.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

21.3 %

12

Type of Reporting Person (See Instructions)

IA

Comment for Type of Reporting Person: Horizon Kinetics Asset Management LLC is a wholly owned subsidiary of Horizon Kinetics Holdings Corporation.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Civeo Corp
(b)	Address of issuer's principal executive offices: THREE ALLEN CENTER, 333 CLAY STREET, SUITE 4400, HOUSTON, TEXAS, 77002.
Item 2.
(a)	Name of person filing: This Schedule 13G is being filed by Horizon Kinetics Asset Management LLC, a wholly owned subsidiary of Horizon Kinetics Holding Corporation.
(b)	Address or principal business office or, if none, residence: 470Park Avenue South, 4th Fl S New York, NY 10016
(c)	Citizenship: Delaware
(d)	Title of class of securities: Common Shares
(e)	CUSIP No.: 17878Y207
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 2,449,487
(b)	Percent of class: 21.3%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 2,449,487
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 2,449,487
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

HORIZON KINETICS ASSET MANAGEMENT LLC

Signature:	/s/Jay Kesslen
Name/Title:	General Counsel
Date:	01/28/2026

FAQ

What percentage of Civeo Corp (CVEO) does Horizon Kinetics own?

Horizon Kinetics Asset Management LLC reports beneficial ownership of 21.3% of Civeo Corp’s common shares. This corresponds to 2,449,487 shares, giving the Delaware-based investment adviser a significant minority position in the company as of December 31, 2025.

How many Civeo Corp (CVEO) shares does Horizon Kinetics control?

Horizon Kinetics Asset Management LLC beneficially owns 2,449,487 Civeo Corp common shares. It has sole voting and sole dispositive power over all of these shares, with no shared voting or shared dispositive authority reported in the Schedule 13G/A filing.

What type of filing did Horizon Kinetics submit for Civeo Corp (CVEO)?

Horizon Kinetics filed an Amendment No. 7 to Schedule 13G for Civeo Corp. This filing updates its beneficial ownership information for the issuer’s common shares as of December 31, 2025, reflecting its status as a large institutional holder.

Is Horizon Kinetics seeking control of Civeo Corp (CVEO) with this stake?

Horizon Kinetics states the Civeo Corp shares were acquired and are held in the ordinary course of business. It explicitly certifies they were not acquired or held to change or influence control of the issuer, consistent with a passive investment position.

Who signed the Horizon Kinetics Schedule 13G/A for Civeo Corp (CVEO)?

The Schedule 13G/A for Civeo Corp was signed by Jay Kesslen, General Counsel of Horizon Kinetics Asset Management LLC. The signature certifies that, to the best of his knowledge and belief, the information in the statement is true, complete and correct.

Where is Horizon Kinetics Asset Management LLC based according to the Civeo (CVEO) filing?

Horizon Kinetics Asset Management LLC lists its principal business office at 470 Park Avenue South, 4th Floor South, New York, NY 10016. The firm is a Delaware entity and is a wholly owned subsidiary of Horizon Kinetics Holding Corporation.