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Portfolio (Quarterly) Guide ↗

Hedges Asset Management LLC

· CIK 0001906202
13F Portfolio $152M AUM 108 positions Filed Jul 27, 2026 EDGAR ↗ ← All Funds
Q2 2026 Q4 2025 · All 13 New 24 Added 52 Reduced 13 Exited
Page 1 of 3  ·  52 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 GE GE AEROSPACE Industrials 19,475.0 $7.3M 4.78% -2K -10.2% $373.73 -8.3%
2 INTC INTEL CORP Technology 33,650.0 $4.7M 3.08% -19K -35.8% $139.63 -35.9%
3 LUV SOUTHWEST AIRLS CO Industrials 83,400.0 $4.3M 2.81% -7K -7.4% $51.42 -22.9%
4 SHEL SHELL PLC Energy 48,500.0 $3.8M 2.47% -8K -13.6% $77.54 +17.2%
5 GDX VANECK ETF TRUST 36,550.0 $2.8M 1.81% -3K -8.4% $75.45 +32.1%
6 BCS BARCLAYS PLC Financial Services 94,500.0 $2.5M 1.67% -26K -21.6% $26.86 +0.0%
7 LIND LINDBLAD EXPEDITIONS HLDGS I Consumer Cyclical 79,800.0 $2.3M 1.48% -60K -43.0% $28.24 +4.8%
8 DOW DOW HLDGS INC Basic Materials 78,000.0 $2.1M 1.40% -4K -5.1% $27.36 +11.5%
9 SH PROSHARES TR 64,200.0 $2.1M 1.39% -5K -7.0% $33.02 -2.1%
10 PAAS PAN AMERN SILVER CORP Basic Materials 43,065.0 $1.9M 1.26% -2K -3.4% $44.79 +18.0%
11 IMAX IMAX CORP Communication Services 47,150.0 $1.9M 1.23% -9K -16.6% $39.86 +26.4%
12 ELAN ELANCO ANIMAL HEALTH INC Healthcare 75,000.0 $1.8M 1.21% -1K -1.3% $24.61 -2.0%
13 PHYS SPROTT ASSET MANAGEMENT LP Financial Services 61,000.0 $1.8M 1.21% -4K -6.2% $30.17 +12.0%
14 NEM NEWMONT CORP Basic Materials 18,650.0 $1.7M 1.14% -200.0 -1.1% $93.40 +37.0%
15 VZ VERIZON COMMUNICATIONS INC Communication Services 40,150.0 $1.7M 1.11% -15K -26.8% $42.34 +18.3%
16 MRK MERCK & CO INC Healthcare 10,450.0 $1.3M 0.88% -3K -24.8% $128.50 +15.4%
17 SLB SLB LIMITED Energy 28,700.0 $1.3M 0.88% -6K -17.3% $46.49 +23.3%
18 TGT TARGET CORP Consumer Defensive 10,200.0 $1.3M 0.87% -350.0 -3.3% $130.61 +24.9%
19 UNILEVER PLC 22,150.0 $1.3M 0.87% -953.0 -4.1% $60.12
20 VTRS VIATRIS INC Healthcare 81,250.0 $1.3M 0.85% -3K -3.9% $15.88 +2.9%
Page 1 of 3  ·  52 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
Financial Services 20.0%
Industrials 17.1%
Consumer Cyclical 16.4%
Basic Materials 11.4%
Energy 8.7%
Healthcare 8.2%
Technology 6.5%
Communication Services 4.1%
Consumer Defensive 3.9%
Real Estate 3.8%