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Portfolio (Quarterly) Guide ↗

HUSSMAN STRATEGIC ADVISORS, INC.

· CIK 0001179475
13F Portfolio $463M AUM 268 positions Filed May 11, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 97 New 40 Added 45 Reduced 81 Exited
Page 13 of 14  ·  268 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
241 NVAX NOVAVAX INC Healthcare 42,000.0 $342K 0.07% NEW $8.14 +12.2%
242 SBSW SIBANYE STILLWATER LTD Basic Materials 20,000.0 $246K 0.05% $12.32 -21.5%
243 NRG NRG ENERGY INC Utilities 1,000.0 $146K 0.03% $146.14 -7.6%
244 HL HECLA MINING COMPANY Basic Materials 6,100.0 $114K 0.03% -55K -90.0% $18.63 -14.3%
245 ED CONSOLIDATED EDISON INC Utilities 1,000.0 $113K 0.02% $113.18 -6.0%
246 ENTERGY CORP NEW 1,000.0 $112K 0.02% $112.36
247 PNW PINNACLE WEST CAP CORP Utilities 1,000.0 $101K 0.02% $100.75 +1.6%
248 OTTR OTTER TAIL CORP Utilities 1,000.0 $88K 0.02% $87.77 -0.3%
249 CRC CALIFORNIA RES CORP Energy 1,000.0 $69K 0.01% $69.22 -20.1%
250 DTM DT MIDSTREAM INC Energy 500.0 $67K 0.01% $134.67 +6.4%
251 NWE NORTHWESTERN ENERGY GROUP IN Utilities 1,000.0 $66K 0.01% $65.94 +6.0%
252 DUK DUKE ENERGY CORP NEW Utilities 500.0 $65K 0.01% $130.94 -5.4%
253 POR PORTLAND GEN ELEC CO Utilities 1,000.0 $53K 0.01% $52.77 -4.9%
254 FE FIRSTENERGY CORP Utilities 1,000.0 $51K 0.01% $50.66 -8.3%
255 EXC EXELON CORP Utilities 1,000.0 $49K 0.01% $49.02 -6.5%
256 SO SOUTHERN CO Utilities 500.0 $48K 0.01% $96.52 -3.6%
257 PEG PUBLIC SVC ENTERPRISE GROUP Utilities 500.0 $40K 0.01% $80.95 -1.3%
258 AVA AVISTA CORP Utilities 1,000.0 $40K 0.01% $40.14 -0.9%
259 PPL PPL CORP Utilities 1,000.0 $38K 0.01% $38.20 -7.4%
260 EIX EDISON INTL Utilities 500.0 $37K 0.01% $73.18 -1.8%
Page 13 of 14  ·  268 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Healthcare 21.6%
Consumer Cyclical 16.6%
Technology 16.4%
Consumer Defensive 11.3%
Energy 8.7%
Financial Services 7.8%
Industrials 7.6%
Utilities 3.8%
Communication Services 2.7%
Basic Materials 2.5%