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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 2 of 6  ·  108 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 PAAS PAN AMERN SILVER CORP Basic Materials 43,065.0 $1.9M 1.26% -2K -3.4% $44.79 +18.0%
22 IMAX IMAX CORP Communication Services 47,150.0 $1.9M 1.23% -9K -16.6% $39.86 +26.4%
23 VGK VANGUARD INTL EQUITY INDEX F 21,000.0 $1.9M 1.22% $88.54 +3.9%
24 WYNN WYNN RESORTS LTD Consumer Cyclical 19,015.0 $1.8M 1.21% $97.09 -1.9%
25 ELAN ELANCO ANIMAL HEALTH INC Healthcare 75,000.0 $1.8M 1.21% -1K -1.3% $24.61 -2.0%
26 CDE COEUR MNG INC Basic Materials 112,816.0 $1.8M 1.21% NEW $16.32 +29.5%
27 PHYS SPROTT ASSET MANAGEMENT LP Financial Services 61,000.0 $1.8M 1.21% -4K -6.2% $30.17 +12.0%
28 UPS UNITED PARCEL SVCS INC Industrials 16,500.0 $1.8M 1.16% +6K +65.0% $107.50 -2.0%
29 NEM NEWMONT CORP Basic Materials 18,650.0 $1.7M 1.14% -200.0 -1.1% $93.40 +37.0%
30 VZ VERIZON COMMUNICATIONS INC Communication Services 40,150.0 $1.7M 1.11% -15K -26.8% $42.34 +18.3%
31 WY WEYERHAEUSER CO Real Estate 61,750.0 $1.5M 0.97% +6K +11.3% $23.94 -1.3%
32 NVO NOVO-NORDISK A S Healthcare 30,400.0 $1.5M 0.96% NEW $47.94 -4.9%
33 L LOEWS CORP Financial Services 12,700.0 $1.4M 0.94% $113.21 -3.1%
34 MRK MERCK & CO INC Healthcare 10,450.0 $1.3M 0.88% -3K -24.8% $128.50 +15.4%
35 CRSP CRISPR THERAPEUTICS AG Healthcare 24,575.0 $1.3M 0.88% +2K +7.9% $54.54 +5.8%
36 SLB SLB LIMITED Energy 28,700.0 $1.3M 0.88% -6K -17.3% $46.49 +23.3%
37 TGT TARGET CORP Consumer Defensive 10,200.0 $1.3M 0.87% -350.0 -3.3% $130.61 +24.9%
38 UNILEVER PLC 22,150.0 $1.3M 0.87% -953.0 -4.1% $60.12
39 GT GOODYEAR TIRE & RUBR CO Consumer Cyclical 198,000.0 $1.3M 0.86% +102K +106.2% $6.60 -3.8%
40 VTRS VIATRIS INC Healthcare 81,250.0 $1.3M 0.85% -3K -3.9% $15.88 +2.9%
Page 2 of 6  ·  108 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%