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HUSSMAN STRATEGIC ADVISORS, INC. — 13F Holdings & Portfolio

CIK 1179475 · latest 13F-HR filed 2026-08-03

Backtest portfolio

HUSSMAN STRATEGIC ADVISORS, INC. manages $434.0M in 13F-reported U.S. long-equity assets across 231 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are PEP (1.18%), UI (1.16%), INCY (1.10%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 66 new positions and exited 103; 71 existing positions rose in reported value and 59 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

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AUM
$434.0M

Long-equity book

Holdings
231

Distinct positions

Period
2026-06-30

Filed 2026-08-03

Q/Q Activity
+66 / −103 / ↑71 / ↓59

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26
PEP1.2% · +260%UI1.2% · +125%INCY1.1% · +33%VSAT1.1% · -29%NBIX1.1% · +30%BIIB1.0% · +233%HSY1.0% · +200%CMPR1.0% · +100%ZD0.9% · +40%UNFI0.9% · -20%ULTA0.9% · +14%CPB0.9% · -20%GIS0.8% · +67%TDC0.8% · newDG0.8% · 0%AEO0.8% · 0%PACS0.8% · newAUPH0.8% · +150%SHOO0.8% · 0%PFS0.8% · newPRLB0.8% · -20%APA0.8% · 0%NEM0.8% · +200%B0.8% · +200%MCY0.8% · +50%MEDP0.8% · 0%TR0.8% · +29%GMED0.8% · newCRM0.8% · newHALO0.8% · -20%OZK0.8% · newREGN0.8% · newMTCH0.7% · +33%ETSY0.7% · -50%VC0.7% · 0%YETI0.7% · 0%HCSG0.7% · -25%AMGN0.7% · +60%NXT0.7% · +50%GOOGL0.7% · newTE0.7% · newINBX0.7% · newAKAM0.7% · +140%URBN0.7% · 0%M0.7% · +20%BFH0.7% · -13%AMRC0.7% · -17%TGTX0.7% · newAEM0.7% · +200%LEA0.6% · +100%SM0.6% · newPLAB0.6% · newFSLY0.6% · +40%BIP0.6% · -12%BKE0.6% · +50%AAL0.6% · -30%GCT0.6% · +167%FIVE0.6% · +17%SRPT0.6% · newMTDR0.6% · new

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

4 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 10.4%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Jan 22, 2026.

Assets Under Management
$617.4M
Discretionary
$617.4M
Employees
5
Accounts
3
Address
6021 UNIVERSITY BLVD.
SUITE 490
ELLICOTT CITY, MD 21043
Phone
(410) 715-1130
Website
Name Title / Status Ownership Type
HUSSMAN, JOHN, PETER ControlPRESIDENT
since Aug 1999
75% or moreIndividual
STEINAU, BROOKE, SUZANNE ControlCHIEF COMPLIANCE OFFICER
since Apr 2022
Less than 5%Individual
Ownership & leadership changes · 2 filings with changes since Mar 9, 2012

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

May 5, 2022 filing
  • No longer listedPatton, Kevin, Jason · CHIEF COMPLIANCE OFFICER · Less than 5% · control person · listed since Feb 2022
  • AddedSTEINAU, BROOKE, SUZANNE · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
Feb 10, 2022 filing
  • No longer listedSPLAIN, JOHN, FISCHER · CHIEF COMPLIANCE OFFICER · Less than 5% · listed since Oct 2004
  • AddedPatton, Kevin, Jason · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
Mar 9, 2012 filing (earliest on record)
  • ListedHUSSMAN, JOHN, PETER · PRESIDENT · 75% or more · control person
  • ListedSPLAIN, JOHN, FISCHER · CHIEF COMPLIANCE OFFICER · Less than 5%

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Top Adds (vs prior quarter)

Show all 71 →

Top Trims

Show all 59 →

New Positions

Show all 66 →

Exited Positions

Show all 103 →

HUSSMAN STRATEGIC ADVISORS, INC. Holdings (2026-06-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 PEPSICO INC PEP 713448108 $5.1M 1.18% 37,800 SH
2 UBIQUITI INC UI 90353W103 $5.0M 1.16% 9,450 SH
3 INCYTE CORP INCY 45337C102 $4.8M 1.10% 42,000 SH
4 VIASAT INC VSAT 92552V100 $4.7M 1.09% 52,500 SH
5 NEUROCRINE BIOSCIENCES INC NBIX 64125C109 $4.6M 1.06% 27,300 SH
6 BIOGEN INC BIIB 09062X103 $4.5M 1.05% 21,000 SH
7 HERSHEY CO HSY 427866108 $4.4M 1.02% 25,200 SH
8 CIMPRESS PLC CMPR G2143T103 $4.3M 0.98% 42,000 SH
9 ZIFF DAVIS INC ZD 48123V102 $3.8M 0.89% 73,500 SH
10 UNITED NAT FOODS INC UNFI 911163103 $3.8M 0.88% 84,000 SH
11 ULTA BEAUTY INC ULTA 90384S303 $3.8M 0.87% 8,400 SH
12 THE CAMPBELLS COMPANY CPB 134429109 $3.7M 0.86% 168,000 SH
13 GENERAL MILLS INC GIS 370334104 $3.7M 0.84% 105,000 SH
14 TERADATA CORP DEL TDC 88076W103 $3.6M 0.84% 105,000 SH
15 DOLLAR GEN CORP DG 256677105 $3.6M 0.84% 31,500 SH
16 AMERICAN EAGLE OUTFITTERS IN AEO 02553E106 $3.6M 0.83% 210,000 SH
17 PACS GROUP INC PACS 69380Q107 $3.6M 0.83% 84,000 SH
18 AURINIA PHARMACEUTICALS INC AUPH 05156V102 $3.6M 0.82% 210,000 SH
19 MADDEN STEVEN LTD SHOO 556269108 $3.5M 0.81% 84,000 SH
20 PROVIDENT FINL SVCS INC PFS 74386T105 $3.5M 0.80% 147,000 SH
21 PROTO LABS INC PRLB 743713109 $3.4M 0.79% 42,000 SH
22 APA CORPORATION APA 03743Q108 $3.4M 0.79% 105,000 SH
23 NEWMONT CORP NEM 651639106 $3.4M 0.79% 36,600 SH
24 BARRICK MNG CORP B 06849F108 $3.4M 0.77% 91,500 SH
25 MERCURY GENL CORP NEW MCY 589400100 $3.4M 0.77% 31,500 SH
26 MEDPACE HLDGS INC MEDP 58506Q109 $3.3M 0.77% 6,300 SH
27 TOOTSIE ROLL INDS INC TR 890516107 $3.3M 0.77% 84,000 SH
28 GLOBUS MED INC GMED 379577208 $3.3M 0.76% 42,000 SH
29 SALESFORCE INC CRM 79466L302 $3.3M 0.76% 21,000 SH
30 HALOZYME THERAPEUTICS INC HALO 40637H109 $3.3M 0.76% 42,000 SH
31 BANK OZK LITTLE ROCK ARK OZK 06417N103 $3.3M 0.76% 63,000 SH
32 REGENERON PHARMACEUTICALS REGN 75886F107 $3.3M 0.75% 5,250 SH
33 MATCH GROUP INC NEW MTCH 57667L107 $3.2M 0.74% 84,000 SH
34 ETSY INC ETSY 29786A106 $3.2M 0.73% 42,000 SH
35 VISTEON CORP VC 92839U206 $3.1M 0.72% 31,500 SH
36 YETI HLDGS INC YETI 98585X104 $3.1M 0.72% 63,000 SH
37 HEALTHCARE SVCS GROUP INC HCSG 421906108 $3.1M 0.71% 126,000 SH
38 AMGEN INC AMGN 031162100 $3.0M 0.70% 8,400 SH
39 NEXTPOWER INC NXT 65290E101 $3.0M 0.69% 25,200 SH
40 ALPHABET INC GOOGL 02079K305 $3.0M 0.69% 8,400 SH
41 T1 ENERGY INC TE 35834F104 $3.0M 0.69% 315,000 SH
42 INHIBRX BIOSCIENCES INC INBX 45720N103 $3.0M 0.69% 31,500 SH
43 AKAMAI TECHNOLOGIES INC AKAM 00971T101 $3.0M 0.69% 25,200 SH
44 URBAN OUTFITTERS INC URBN 917047102 $3.0M 0.69% 42,000 SH
45 MACYS INC M 55616P104 $3.0M 0.68% 126,000 SH
46 BREAD FINANCIAL HOLDINGS INC BFH 018581108 $3.0M 0.68% 27,300 SH
47 AMERESCO INC AMRC 02361E108 $2.9M 0.67% 105,000 SH
48 TG THERAPEUTICS INC TGTX 88322Q108 $2.9M 0.66% 52,500 SH
49 AGNICO EAGLE MINES LTD AEM 008474108 $2.8M 0.65% 18,300 SH
50 LEAR CORP LEA 521865204 $2.8M 0.65% 21,000 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-03 $434.0M 231 0001398344-26-013356
2026-03-31 2026-05-11 $462.5M 268 0001398344-26-008833
2025-12-31 2026-02-02 $413.7M 252 0001398344-26-001810
2025-09-30 2025-11-03 $461.8M 270 0001398344-25-020162
Filer Information
Address
6021 UNIVERSITY BLVD., SUITE 490
ELLICOTT CITY, MD 21043
Phone
(410) 715-1130
Filing Manager
HUSSMAN STRATEGIC ADVISORS, INC.
ELLICOTT CITY, MD
Signatory
John P. Hussman
President