Hedges Asset Management LLC — 13F Holdings & Portfolio
CIK 1906202 · latest 13F-HR filed 2026-07-27
Hedges Asset Management LLC manages $152.4M in 13F-reported U.S. long-equity assets across 108 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are GBCI (10.01%), GE (4.78%), BA (3.92%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 13 new positions, exited 13, added to 46, and trimmed 34.
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.
RENO, NV 89509
$152.4M
Long-equity book
108
Distinct positions
2026-06-30
Filed 2026-07-27
+13 / −13 / ↑46 / ↓34
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- INTEL CORP$2.8M +143.0%
- GLACIER BANCORP INC NEW$2.2M +17.3%
- PROSHARES TR$1.8M +84.9%
- CNH INDL N V$1.6M +139.6%
- PENN ENTERTAINMENT INC$1.3M +50.2%
Top Trims
- LYFT INC-$1.1M -65.9%
- FEDEX CORP-$925.1K -55.7%
- CHEVRON CORPORATION-$705.5K -41.7%
- VANECK ETF TRUST-$664.5K -19.4%
- PROSHARES TR-$571.6K -65.0%
New Positions
- VAIL RESORTS INC$2.5M
- COEUR MNG INC$1.8M
- NOVO-NORDISK A S$1.5M
- MCCORMICK & CO INC$1.1M
- HONEYWELL INTL INC$1.0M
Exited Positions
- NEW GOLD INC CDA$2.2M
- HONEYWELL INTL INC$1.7M
- BROOKDALE SR LIVING INC$1.5M
- UBER TECHNOLOGIES INC$796.7K
- QNITY ELECTRONICS INC$412.3K
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 | GLACIER BANCORP INC NEW | GBCI | 37637Q105 | $15.3M | 10.01% | 295,712 | SH |
| 2 | GE AEROSPACE | GE | 369604301 | $7.3M | 4.78% | 19,475 | SH |
| 3 | BOEING CO | BA | 097023105 | $6.0M | 3.92% | 27,600 | SH |
| 4 | INTEL CORP | INTC | 458140100 | $4.7M | 3.08% | 33,650 | SH |
| 5 | SOUTHWEST AIRLS CO | LUV | 844741108 | $4.3M | 2.81% | 83,400 | SH |
| 6 | PENN ENTERTAINMENT INC | PENN | 707569109 | $4.0M | 2.65% | 188,900 | SH |
| 7 | PROSHARES TR | PSQ | 74349Y837 | $3.8M | 2.50% | 152,200 | SH |
| 8 | SHELL PLC | SHEL | 780259305 | $3.8M | 2.47% | 48,500 | SH |
| 9 | GAMING & LEISURE P | GLPI | 36467J108 | $3.5M | 2.29% | 78,260 | SH |
| 10 | ARCOS DORADOS HLDGS INC | ARCO | G0457F107 | $2.8M | 1.85% | 349,800 | SH |
| 11 | BP PLC | BP | 055622104 | $2.8M | 1.82% | 75,056 | SH |
| 12 | VANECK ETF TRUST | GDX | 92189F106 | $2.8M | 1.81% | 36,550 | SH |
| 13 | CNH INDL N V | CNH | N20944109 | $2.7M | 1.75% | 238,000 | SH |
| 14 | BARCLAYS PLC | BCS | 06738E204 | $2.5M | 1.67% | 94,500 | SH |
| 15 | VAIL RESORTS INC | MTN | 91879Q109 | $2.5M | 1.65% | 18,525 | SH |
| 16 | LINDBLAD EXPEDITIONS HLDGS I | LIND | 535219109 | $2.3M | 1.48% | 79,800 | SH |
| 17 | FMC CORP | FMC | 302491303 | $2.1M | 1.40% | 185,900 | SH |
| 18 | DOW HLDGS INC | DOW | 260557103 | $2.1M | 1.40% | 78,000 | SH |
| 19 | PROSHARES TR | SH | 74349Y753 | $2.1M | 1.39% | 64,200 | SH |
| 20 | BARRICK MNG CORP | B | 06849F108 | $2.0M | 1.31% | 54,550 | SH |
| 21 | PAN AMERN SILVER CORP | PAAS | 697900108 | $1.9M | 1.27% | 43,065 | SH |
| 22 | IMAX CORP | IMAX | 45245E109 | $1.9M | 1.23% | 47,150 | SH |
| 23 | VANGUARD INTL EQUITY INDEX F | VGK | 922042874 | $1.9M | 1.22% | 21,000 | SH |
| 24 | WYNN RESORTS LTD | WYNN | 983134107 | $1.8M | 1.21% | 19,015 | SH |
| 25 | ELANCO ANIMAL HEALTH INC | ELAN | 28414H103 | $1.8M | 1.21% | 75,000 | SH |
| 26 | COEUR MNG INC | CDE | 192108504 | $1.8M | 1.21% | 112,816 | SH |
| 27 | SPROTT ASSET MANAGEMENT LP | PHYS | 85207H104 | $1.8M | 1.21% | 61,000 | SH |
| 28 | UNITED PARCEL SVCS INC | UPS | 911312106 | $1.8M | 1.16% | 16,500 | SH |
| 29 | NEWMONT CORP | NEM | 651639106 | $1.7M | 1.14% | 18,650 | SH |
| 30 | VERIZON COMMUNICATIONS INC | VZ | 92343V104 | $1.7M | 1.12% | 40,150 | SH |
| 31 | WEYERHAEUSER CO | WY | 962166104 | $1.5M | 0.97% | 61,750 | SH |
| 32 | NOVO-NORDISK A S | NVO | 670100205 | $1.5M | 0.96% | 30,400 | SH |
| 33 | LOEWS CORP | L | 540424108 | $1.4M | 0.94% | 12,700 | SH |
| 34 | MERCK & CO INC | MRK | 58933Y105 | $1.3M | 0.88% | 10,450 | SH |
| 35 | CRISPR THERAPEUTICS AG | CRSP | H17182108 | $1.3M | 0.88% | 24,575 | SH |
| 36 | SLB LIMITED | SLB | 806857108 | $1.3M | 0.88% | 28,700 | SH |
| 37 | TARGET CORP | TGT | 87612E106 | $1.3M | 0.87% | 10,200 | SH |
| 38 | UNILEVER PLC | UL | 904767803 | $1.3M | 0.87% | 22,150 | SH |
| 39 | GOODYEAR TIRE & RUBR CO | GT | 382550101 | $1.3M | 0.86% | 198,000 | SH |
| 40 | VIATRIS INC | VTRS | 92556V106 | $1.3M | 0.85% | 81,250 | SH |
| 41 | WELLS FARGO & CO | WFC | 949746101 | $1.3M | 0.84% | 15,500 | SH |
| 42 | ABRDN PLATINUM ETF TRUST | PPLT | 003260106 | $1.3M | 0.83% | 89,500 | SH |
| 43 | KRAFT HEINZ CO | KHC | 500754106 | $1.2M | 0.81% | 52,550 | SH |
| 44 | INTERNATIONAL BUSINESS MACHS | IBM | 459200101 | $1.2M | 0.79% | 4,300 | SH |
| 45 | FORD MTR CO | F | 345370860 | $1.2M | 0.79% | 86,400 | SH |
| 46 | TYSON FOODS INC | TSN | 902494103 | $1.2M | 0.78% | 20,850 | SH |
| 47 | INTERNATIONAL FLAVORS&FRAGRA | IFF | 459506101 | $1.1M | 0.74% | 14,325 | SH |
| 48 | MCCORMICK & CO INC | MKC | 579780206 | $1.1M | 0.74% | 22,500 | SH |
| 49 | WILLIAMS COS INC | WMB | 969457100 | $1.1M | 0.73% | 14,900 | SH |
| 50 | MEDTRONIC PLC | MDT | G5960L103 | $1.1M | 0.72% | 14,050 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-07-27 | $152.4M | 108 | 0002085853-26-000861 |
| 2025-12-31 | 2026-01-27 | $141.8M | 108 | 0002085853-26-000100 |
| 2025-09-30 | 2025-10-08 | $130.6M | 102 | 0002085853-25-000036 |