UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 13F

Form 13F COVER PAGE

Report for the Quarter ended: March 31, 2002

Not an amendment.

Institutional Investment Manager Filing this Report:
Name: Horizon Asset Management, Inc.
Address: 470 Park Avenue South
4th Floor South
New York, N.Y. 10016

13F File Number: 28-6986

The institutional investment manager filing this report; and person by whom it
is signed
hereby represent that the person signing the report is authorized to submit it,
that all
information contained herein is true, correct and complete, and that it is
understood
that all required items, statements, schedules, lists, and tables, are
considered
integral parts of this form.

Person signing this Report on Behalf of Reporting Manager:
Name: Andrew M. Fishman
Title: Director of Compliance and General Counsel
Phone: 646-495-7347
Signature, Place, and Date of Signing:
Andrew M. Fishman
New York, New York
May 8, 2002

Report Type: 13F HOLDINGS REPORT

List of Other Managers Reporting for this Manager: none

I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.

Report Summary:
Number of Other Included Managers: none
Form 13F Information Table Entry Total: 219
Form Information Table Value Total: $352,966,536


                           


NAME OF ISSUER					TITLE OF CLASS       CUSIP	VALUE
SHARES INV. DISCRET.
MARKET      SHARES DISC


3COM CORP-
common-
885535104
97760
16000
sole
ABBOTT LABORATORIES -
common-
002824100-
6779509
128888
 Sole
ACCENT COLOR SCIENCES INC-
common-
004305108
258
257500
sole
ACCESS PHARMACEUTICALS INC-
common-
00431M209
50331
13677
sole
ALLEGHANY CORP DEL NEW-
common-
017175100
3118939
16378
sole
ALLIANCE CAP MGMT HLDGS LP-
common-
01855A101
1868992
40280
sole
AMBASE CORP-
common-
023164106
162380
116500
sole
AMBASSADORS GROUP INC-
common-
023177108
799004
58025
sole
AMBASSADORS INTERNATIONAL-
common-
023178106
496114
58025
sole
AMERICAN EXPRESS CO -
common-
025816109-
1344963
32836
 Sole
AMER INTL GROUP INC-
common-
026874107-
9786291
135657
 Sole
AMERICAN REAL ESTATE PTRS LP-
common-
029169109
184494
20545
sole
AMGEN INC-
common-
031162100
3261512
54650
sole
ANADARKO PETROLEUM CORP-
common-
032511107
226607
4015
sole
ANGLO AMERN PLC SPN ADR-
common-
03485P102
167171
10150
sole
AOL TIME WARNER-
common-
00184A105
676390
28600
sole
APPLIED MATERIALS-
common-
038222105-
618678
11400
 Sole
ARCH CAPITAL GROUP LTD-
common-
G0450A105
214223
8300
sole
ARTESIAN RES CORP CL A-
common
043113208
453000
15000
sole
AT&T CORP-
common-
001957109
688335
43843
sole
AT&T WIRELESS SVCS INC-
common-
00209A106
161485
18043
sole
AUTOMATIC DATA PROCESSING INC -
common-
053015103
1639252
28132
 Sole
AVERY DENNISON CORP-
common-
053611109
747008
12240
sole
BANK OF AMERICA CORP-
common-
060505104
574158
8441
sole
BANK OF BERMUDA LTD-
common-
G07644100
332200
7590
sole
BANK OF NEW YORK INC-
common-
064057102-
2302572
54797
 Sole
BANK ONE CORP-
common-
06423A103
452728
10836
sole
BARRA INC-
common-
068313105-
10727981
177317
 Sole
BARRICK GOLD CORP-
common-
067901108
353661
19055
sole
BECKTON DICKINSON & CO-
common-
075887109
211232
5600
sole
BERKSHIRE HATHAWAY INC CL B-
common-
084670207
16753568
7072
sole
BOEING CO -
common-
097023105-
2972105
61598
 Sole
BP AMOCO P L C SPONSORED ADR-
common-
055622104-
2042332
38462
 Sole
BRISTOL MYERS SQUIBB -
common-
110122108-
4350214
97300
 Sole
CABLE & WIRELESS PLC ADR-
common-
126830207
957432
97300
sole
CABLEVISION SYS CORP RAINBOW-
common-
12686C844
228858
9273
sole
CABLEVISION SYS CORP-
common-
12686C109
1243924
36586
sole
CACI INTL INC CL A-
common-
127190304
579315
16500
sole
CADBURY SCHWEPPES PLC ADR 10 ORD-
common-
127209302
382950
13800
sole
CAREMARK RX INC-
common-
141705103
550312
28221
sole
CATELLUS DEVELOPMENT CORP-
common-
149111106
251776
12800
sole
CENDANT CORP
Common
151313103
1739520
90600
sole
CERTEGY INC-
common-
156880106
534998
13476
sole
CHECKFREE CORP NEW-
common-
162813109
203506
13275
sole
CHECKFREE HLDGS CORP CONV NT 6.5% 12/01/06-
convertible-
162816AC6
2437825
2885000
sole
CHEVRONTEXACO CORP-
common-
166764100-
2375281
26313
 Sole
CHIRON CORP-
common-
170040109
204211
4450
sole
CHOICEPOINT INC -
common-
170388102-
991008
17205
 Sole
CIGNA CORP-
common-
125509109
248406
2450
sole
CINCINNATI FINANCIAL CORP-
common-
172062101-
905985
20751
sole
CISCO SYSTEMS INC-
common-
17275R102
2837468
167600
sole
CITIGROUP INC.-
common-
172967101-
1412457
28523
 Sole
CITY NATIONAL CORP-
common-
178566105
486643
9250
sole
CLARK/BARDES HOLDINGS INC-
common-
180668105
5667264
196780
sole
CMS EMERGY CORP PFD NON VTG CONV 8.75%-
preferred-
125896308
523035
17700
sole
COCA COLA CO-
common-
191216100
403186
7715
sole
COLGATE PALMOLIVE CO-
common-
194162103
922745
16146
sole
COMMONWEALTH TELEPHONE ENTERPRISES INC -
common-
203349105
273296
7145
sole
COMPUCOM SYSTEMS INC-
common-
204780100
58140
18000
sole
CORNING INC -
common-
219350105-
689610
90500
 Sole
CSX CORP-
common-
126408103
250649
6577
DANAHER CORP -
common-
235851102-
1001382
14100
 Sole
DELL COMPUTER CORP-
common-
247025109
404705
15500
sole
DELUXE CORP-
common-
248019101
1871217
40450
sole
DEUTSCHE BOERSE AG-
common-
D1882G101
690162
16800
sole
DISNEY WALT CO -
common-
254687106-
2856840
123780
 Sole
DUFF & PHELPS UTIL & CORPORATE BD TR INC-
common-
26432K108
643625
47500
sole
E TRADE GROUP INC SUB NT CV-
comvertible-
269246AB0
180675
220000
sole
EASTMAN KODAK CO-
common-
277461109
411725
13209
sole
EDISON INTL CO-
common-
281020107
291032
17375
sole
ELECTRONIC DATA SYSTEMS CORP-
common-
285661104
592948
10225
sole
ELECTRONIC ARTS-
common-
285512109
396720
6525
sole
EMERSON ELECTRIC CO-
common-
291011104
495620
8636
sole
ENBRIDGE ENERGY PARTNERS LP-
common-
29250R106
203780
4600
sole
EQUIFAX INC-
common-
294429105-
981064
32811
 Sole
EQUITY OFFICE PROPERTIES TR-
common-
294741103
747319
24919
sole
EURONEXT NV-
common-
N3113K108
644358
34175
sole
EXXON MOBIL CORP-
common-
302290101
4533249
103428
sole
FEDERAL AGRIC MTG CORP CL C-
common-
313148306
4603881
103458
 Sole
FEDERAL NATIONAL MTG ASSOC-
common-
313586109
2144778
26850
sole
FIDELITY NATL FINL INC-
common-
316326107
8829603
334835
sole
FIFTH THIRD BANCORP-
common-
316773100
321677
4767
sole
FINOVA GROUP INC-
common-
317928109
63024
192190
sole
FOREST CITY ENTERPRISES CL A -
common-
345550107-
1277712
33624
 Sole
FREDDIE MAC-
common-
313400301
2108703
33276
sole
GANNETT CO INC-
common
364730101
243520
3200
sole
GEMSTAR TV GUIDE INTL INC-
common-
36866W106
379379
25651
sole
GENERAL ELECTRIC CO-
common-
369604103-
3366549
89894
 Sole
GENERAL MILLS INC -
common-
370334104-
623326
12760
 Sole
GENERAL MOTORS CORP-
common-
370442105
241801
4000
sole
GENUINE PARTS CO-
common-
372460105
878436
23890
sole
GREAT LAKES REIT INC-
common-
390752103
276122
16300
sole
GROUPE BRUXELLES LAMBERT SA-
common-
B4741139
11079306
199220
sole
GUIDANT CORP-
common-
401698105
464564
10724
sole
HABER INC-
common-
404450108
1085
37405
sole
HARRIS CORP DEL-
common-
413875105-
933660
26000
 Sole
HARSCO CORP-
common-
415864107
272023
6950
sole
HEINZ H J CO-
common-
423074103
492190
11860
sole
HEXCEL CORP CONV NT 7% 8/01/03-
convertible-
428291AA6
620800
776000
sole
HONEYWELL INTL INC-
common-
438516106
1373522
35890
sole
HUMAN GENOME SCIENCES CVT NT 3.75% 3/01/07-
convertible-
444903AH1
899880
1250000
sole
IDT CORP CL B-
common-
448947309
272251
15425
sole
INTEGRATED BARTER INTL INC COM PAR $0.04-
common-
458108602
0
66666
sole
INTEL CORP-
common-
458140100
14529898
477800
sole
INTERPUBLIC GROUP OF COS INC-
common-
460690100
236875
6910
sole
INTERNATIONAL BUSINESS MACHINES CORP-
common-
459200101
1639768
15767
sole
INTERNATIONAL FLAVORS & FRAGRANCES INC-
common-
459506101
7709489
220460
sole
J P MORGAN CHASE & CO-
common-
46625H100
234577
6580
sole
JOHNSON & JOHNSON -
common-
478160104-
10465005
161124
 Sole
KINDER MORGAN ENERGY PARTNERS LP-
common-
494550106
877800
26600
sole
KONINKLIJKE PHILIPS ELECTRS N V
SPONSORED ADR-
common-
500472303
556924
18429
 Sole
KROLL INC-
common-
501049100
1005660
60400
sole
LEHMAN BROS HLDGS CORP-
common-
524908100
505549
7821
sole
LSI LOGIC INC-
common-
502161102
263449
15497
sole
LEUCADIA NATIONAL CORP-
common-
527288104
3255931
91075
sole
LEVEL 3 COMM INC CVT DEB 6% 9/15/09-
convertible-
52729NAG5
58479
225000
sole
LIBERTY MEDIA CORP SER A-
common
530718105
982988
77768
sole
LILLY ELI & CO-
common-
532457108
610210
8008
sole
LONDON STOCK EXCHANGE LTD SHS-
common-
G8502Z101
176957
28700
sole
LUCENT TECHNOLOGIES INC-
common-
549463107
112308
23744
sole
LVMH MOET HENNESSY LOUIS VUITTON SP
ADR-
common-
502441207-
600373
59150
sole
LYNCH INTERACTIVE CORP-
common-
551146103
774840
17610
sole
M & T BANK CORP-
common-
55261F104
1878649
23375
sole
MANULIFE FINL CORP-
common-
56501R106
317652
11572
sole
MCGRAW HILL COS-
common-
580645109
311220
4560
sole
MEDALLION FINL CORP-
common-
583928106
1428087
183795
sole
MERCK & CO INC-
common-
589331107-
10181872
176830
 Sole
MICROSOFT CORP-
common-
594918104
1798746
29825
sole
MIDDLESEX WATER CO-
common-
596680108
240948
10350
sole
MINNESOTA MINING & MFG-
common-
604059105
419787
3650
sole
MORGAN GROUP HOLDINGS CO-
common-
61735R104
18269
15885
sole
MOTOROLA INC -
common-
620076109-
687337
48404
 Sole
NASDAQ 100 TRUST SER 1-
common-
631100104
2895618
80300
sole
NATIONWIDE HEALTH PPTYS INC-
common-
638620104
574678
28520
sole
NEW PLAN EXCEL RLTY TR INC-
common-
648053106
1218539
60775
sole
NEWMONT MNG CORP-
common-
651639106
2276645
82219
sole
NORFOLK SOUTHERN CRP
Common-
655844108
444686
18575
 Sole
NOVARTIS AG SPONSORED ADR-
common-
66987V109
348480
8800
sole
NUVEEN PERFORMANCE PLUS MUN FD INC-
common-
67062P108
1056756
76245
sole
OMNICOM GROUP INC-
common-
681919106
290280
3075
sole
ORACLE CORPORATION-
common-
68389X105
1605120
125400
sole
PALL CORP -
common-
696429307-
1626541
79382
 Sole
PEPSICO INC-
common-
713448108
1814448
35232
sole
PETROCHINA CO LTD SPN ADR-
common-
71646E100
953429
45575
sole
PFIZER INC-
common-
717081103-
10583798
266326
 Sole
PG&E CORP-
69331C108
346332
14700
sole
PHARMACIA CORPORATION-
common-
71713U102
1584968
35159
sole
PHELPS DODGE CORP-
717265102
210500
5000
sole
PHILIP MORRIS COS -
common-
718154107-
2952787
56062
 Sole
PHILLIPS PETROLEUM CO-
common-
718507106
324990
5175
sole
PICO HOLDINGS INC-
Common-
693366205
528877
35495
sole
PIER 1 INC-
common-
720279108-
858335
41687
 Sole
PIONEER INTEREST SHS-
Common-
723703104
712213
62750
 Sole
POGO PRODUCING CO-
common-
730448107
367720
11600
sole
POWER CORP OF CANADA-
common-
739239101
6864756
280900
sole
PRENTISS PROPERTIES TRUST-
common-
740706106
490032
16600
sole
PRICE LEGACY CORP-
common-
74144P106
55252
17266
sole
PRIMACOM AG SPONSORED ADR-
common-
74154N108
63544
67600
sole
PRIME RETAIL INC-
common-
741570105
4000
25000
sole
PROCTER & GAMBLE CO-
common-
742718109
283784
3150
sole
RAYTHEON CO NEW-
common-
755111507
1522956
37100
sole
RCN CORPORATION-W/I-
common-
749361101
38243
27123
sole
R J REYNOLDS TOBACCO HOLIDINGS-
common-
76182K105
995986
15382
sole
ROCKWELL INTL CORP-
common-
773903109
1043120
52000
sole
ROYAL CARIBBEAN CRUISES LTD-
common-
V7780T103
294277
13050
sole
ROYAL DUTCH PETROLEUM CO -
common-
780257804-
1942483
35760
 Sole
SAFEGUARD SCIENTIFICS CVT NT 5%6/15/06-
convertible-
786449AE8
1515900
2445000
sole
SAN JUAN BASIN ROYALTY TR UNIT BEN INT-
common-
798241105
208250
17500
sole
SCHERING PLOUGH CORP -
common-
806605101-
1340802
42837
 Sole
SCHLUMBERGER LTD-
Common-
806857108
1003116
17054
 Sole
SCHWAB CHARLES CORP NEW-
common-
808513105-
1158465
88500
 Sole
SCRIPPS CO (E.W.) CL A-
common-
811054204
825717
10055
sole
SEMPRA ENERGY-
common-
816851109
372220
14800
sole
SERVICEMASTER CO-
common-
81760N109-
9468964
688652
 Sole
SOLUCORP INDS LTD-
common-
83437C102
800
20000
sole
SOUTHERN PACIFIC PETROLEUM NL-
common-
843581406
417226
64054
sole
STATE STREET CORP-
common-
857477103
443040
8000
sole
SUN MICROSYSTEMS INC-
common-
866810104
193158
21900
sole
SUNSHINE PCS CORP CL A-
common-
86783P106
9225
11085
sole
TARGETS TRUST VII TARGETED GROWTH-
common-
876135104
46900
14000
sole
TELFONOS DE MEXICO SA DE CV ADR-
common-
879403780
212048
5250
sole
TELEPHONE & DATA SYS INC-
common-
879433100
1307424
14815
sole
TEMPLETON FDS INC FOREIGN FD-
common-
880196209
187563
19376
sole
TEXAS INSTRUMENTS INC-
common-
882508104
264800
8000
sole
TOOTSIE ROLL INDS-
common-
890516107
214313
4660
sole
TOUCH AMERICA HOLDINGS INC-
common-
891539108
162687
42700
sole
TRIZEC HAHN CORP 3% 1/29/21-
convertible
896938AB3
3311375
4875000
sole
TRIZEC HAHN CORPORATION-
common-
896938107
594021
37525
sole
TRW INC-
common-
872649108
1567263
30450
sole
TXU CORP-
common-
873168108
600702
11020
sole
UNION PACIFIC CORP-
common-
907818108
472264
7600
sole
UNITED PAN-EUROPE COMMS NV SP ADR-
common-
911300200
4064
25400
sole
UNITEDGLOBALCOM INC CL A-
common-
913247508
221333
40912
sole
US OFFICE PRODUCTS CO-
common-
912325305
23
22433
sole
USA EDUCATIONAL INC-
common-
90390U102
1077001
11012
sole
USA NETWORKS INC-
common-
902984103
250983
7900
sole
USEC INC-
common-
9033E108
103360
16150
sole
UST INC-
common-
902911106
923809
23730
sole
VERIZON COMMUNICATI0NS-
common-
92343V104
1750743
37977
sole
VIACOM INC CLASS B NON VTG-
common-
925524308
317791
6570
sole
VIMPEL COMMUNICATIONS SPONSORED ADR-
common-
68370R109
212710
6610
sole
VIVENDI UNIVERSAL SPONSORED ADR NEW-
common-
92851S204
364210
9460
sole
VLASIC FOODS INTL INC-
common-
928559103
28
14460
sole
VODAFONE GROUP PLC NEW SPONSORED ADR-
Common-
92857W100
230744
12520
 sole
VORNADO RLTY TR-
common-
929042109
4397011
99570
sole
WACHOVIA CORPORATION-
common-
929903102
530541
14308
sole
WALGREEN COMPANY-
common-
931422109
2718062
69356
sole
WAL-MART STORES INC-
common-
931142103
678005
11060
sole
WASHINGTON POST CO CL B -
common-
939640108-
9564552
15756
 Sole
WATER PIK TECHNOLOGIES INC-
common-
94113U100
152606
15035
sole
WD 40 CO-
common-
929236107
759024
25200
sole
WELLS FARGO & CO NEW-
common-
949746101-
977132
19780
 Sole
WESCO FINANCIAL CORP COM-
common-
950817106-
4542078
14530
 Sole
WESTPAC BANKING COPR AUD1 ORDS-
common-
Q97417101
87476
10500
sole
WHITE MTNS INS GROUP LTD-
common-
G9618E107
4059141
11752
sole
WILEY JOHN & SONS INC COM CL A-
common-
968223206
953025
36375
sole
WORLDCOM INC WORLDCOM GROUP-
common-
98157D106
79364
11775
sole
WYETH-
common-
983024100
7882793
120073
sole
ZIMMER HLDGS INC-
common-
98956P102
200897
5900
sole
TOTAL-352966536

                                            
/TEXT
/DOCUMENT
/SUBMISSION