Hedges Asset Management LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 19, 2024), Hedges Asset Management LLC reported 111 stock positions worth $139.3 million. Its top holding was Glacier Bancorp (GBCI) at 8.1% of the portfolio, followed by General Electric (GE, 4.5%) and Shell PLC-ADR (SHEL, 3.6%). Compared with Q1 2024, it opened 4 new positions, sold out of 7, added to 19 and reduced 45. The biggest buy was a new position in Tyson Foods Class A (TSN) and the biggest sale General Electric (GE, shares −11%).

Most Recent 13F
Q2 2026
Location
RENO, NV
CIK
0001906202
Portfolio Value
$139.3M (Q2 2024)
SEC Filing
0001906202-24-000003 ↗ filed Jul 19, 2024

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $142.7M Q1 2024 Q2 2024: $139.3M $139.3M Q2 2024 Q3 2024: $151.1M Q3 2024 Q4 2024: $151.5M Q4 2024 Q1 2025: $152.2M Q1 2025 Q2 2025: $124.5M Q2 2025 Q3 2025: $130.6M Q3 2025 Q4 2025: $141.8M Q4 2025 Q2 2026: $152.4M Q2 2026

Holdings 111 stocks · $139.3M
GBCI Glacier Bancorp Inc. 8.09% 301,823 $11.3M Reduce -0.8%
GE General Electric filed as GE AEROSPACE 4.53% 39,725 $6.3M Reduce -10.7%
SHEL Shell PLC-ADR 3.62% 69,850 $5.0M Reduce -1.4%
GLPI Gaming and Leisure Propertie 2.95% 90,760 $4.1M Reduce -5.2%
PENN Penn Entertainment Inc. 2.82% 202,950 $3.9M Reduce -7.9%
BA The Boeing Co. 2.56% 19,575 $3.6M Add +27.9%
BP BP PLC-Spons ADR 2.26% 87,183 $3.1M Add +0.8%
LUV Southwest Airlines Co. 2.22% 107,900 $3.1M Add +16.1%
UBER Uber Technologies Inc. 2.09% 40,100 $2.9M Reduce -8.0%
PSQ Proshares Short QQQ 1.95% 67,100 $2.7M Add +16.5%
ARCO Arcos Dorados Holdings Inc. Class A 1.80% 279,000 $2.5M No change
VZ Verizon Communications Inc. 1.72% 58,050 $2.4M Reduce -2.7%
UL Unilever PLC 1.67% 42,300 $2.3M Add +24.6%
FDX FedEx Corp. 1.63% 7,575 $2.3M No change
VGK Vanguard Ftse Europe ETF 1.61% 33,500 $2.2M Reduce -2.6%
WYNN WYNN Resorts Ltd. 1.55% 24,065 $2.2M Reduce -0.6%
CVX Chevron Corp. 1.52% 13,542 $2.1M No change
MRK Merck & Co. Inc. 1.51% 17,000 $2.1M Reduce -5.8%
SHAK Shake Shack Inc. Class A 1.46% 22,600 $2.0M No change
WFC Wells Fargo & Co. 1.45% 34,100 $2.0M Reduce -15.0%
NTNX Nutanix Inc. Class A 1.41% 34,500 $2.0M Reduce -0.6%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 1.37% 40,500 $1.9M No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.37% 11,000 $1.9M No change
LIND Lindblad Expeditions Holding 1.35% 195,500 $1.9M Add +24.9%
PHYS Sprott Physical Gold Trust 1.23% 95,000 $1.7M Reduce -4.0%
GDX Vaneck Gold Miners ETF 1.22% 49,900 $1.7M No change
LYFT LYFT Inc. Class A 1.20% 119,000 $1.7M No change
BCS Barclays PLC-Spons ADR 1.18% 153,300 $1.6M Reduce -0.7%
GEV GE Vernova Inc. 1.17% 9,530 $1.6M Reduce -14.3%
CNK Cinemark Holdings Inc. 1.17% 75,500 $1.6M Reduce -1.3%
KHC The Kraft Heinz Co. 1.17% 50,450 $1.6M Add +11.0%
BMY Bristol-Myers Squibb Co. 1.15% 38,600 $1.6M Add +61.2%
DD Dupont DE Nemours Inc. 1.14% 19,700 $1.6M Reduce -3.0%
INTC Intel Corp. 1.13% 51,000 $1.6M No change
L Loews Corp. 1.13% 21,000 $1.6M No change
SCHW Schwab (charles) Corp. 1.11% 21,000 $1.5M No change
UPS United Parcel Service Class B 1.10% 11,200 $1.5M No change
IMAX Imax Corp. 1.00% 83,100 $1.4M No change
TSN Tyson Foods Inc. Class A 0.96% 23,500 $1.3M New
BKD Brookdale Senior Living Inc. 0.89% 182,000 $1.2M No change
GEHC GE Healthcare Technology 0.85% 15,191 $1.2M No change
CRSP Crispr Therapeutics AG 0.85% 21,800 $1.2M Add +12.5%
HWM Howmet Aerospace Inc. 0.82% 14,700 $1.1M Reduce -49.4%
MAG Mag Silver Corp. 0.80% 95,800 $1.1M Reduce -7.8%
SQM Quimica Y Minera Chil-SP ADR filed as SOCIEDAD QUIMICA Y MINERA DE 0.80% 27,200 $1.1M Add +32.7%
VTRS Viatris Inc. 0.78% 102,500 $1.1M Add +11.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.77% 26,900 $1.1M Reduce -5.0%
WMB Williams Cos Inc. 0.74% 24,400 $1.0M No change
JPM JPMorgan Chase & Co. 0.74% 5,100 $1.0M No change
ELAN Elanco Animal Health Inc. 0.74% 71,400 $1.0M Reduce -2.7%
FMC FMC Corp. 0.66% 16,000 $921K Add +35.6%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.66% 9,200 $913K Add +7.9%
F Ford Motor Co. filed as FORD MTR CO DEL 0.62% 69,200 $868K Reduce -6.7%
NEM Newmont Corp. 0.62% 20,550 $860K Reduce -1.0%
MGM MGM Resorts International 0.61% 19,000 $844K No change
WBD Warner Bros Discovery Inc. 0.58% 109,000 $811K Add +0.9%
NGD New Gold Inc. 0.58% 412,500 $804K No change
EUFN iShares MSCI Europe Financia 0.56% 35,000 $783K No change
DOW Dow Inc. 0.56% 14,700 $780K Reduce -3.3%
WRK Westrock Co. 0.54% 15,000 $754K Reduce -5.1%
GT Goodyear Tire & Rubber Co. 0.51% 62,900 $714K Add +5.4%
CNH CNH Industrial NV 0.49% 67,000 $679K Add +59.5%
FIGS Figs Inc. Class A 0.48% 126,500 $674K Add +75.7%
B Barrick Gold Corp. 0.48% 40,000 $667K Reduce -3.6%
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.43% 6,300 $600K Reduce -7.3%
DFE Wisdomtree Eur S/C Dividend 0.43% 10,000 $596K No change
RSP Invesco S&P 500 Equal Weight 0.41% 3,500 $575K No change
TGT Target Corp. 0.41% 3,850 $570K No change
PSLV Sprott Physical Silver Trust 0.39% 54,000 $536K Reduce -11.5%
NVST Envista Holdings Corp. 0.38% 32,000 $532K New
ALK Alaska Air Group Inc. 0.36% 12,500 $505K Reduce -2.0%
CTVA Corteva Inc. 0.35% 9,100 $491K Reduce -7.8%
KWEB Kranesh Csi China Internet 0.35% 18,000 $486K Reduce -0.6%
KO The Coca-Cola Co. 0.35% 7,600 $484K No change
EBAY eBay Inc. 0.35% 9,000 $483K No change
HMC Honda Motor Co. Ltd.-Spons ADR 0.34% 14,600 $471K Reduce -3.3%
JNJ Johnson & Johnson 0.34% 3,200 $468K Add +28.0%
OGN Organon & Co. 0.33% 22,500 $466K No change
ONON On Holding AG Class A filed as ON HLDG AG 0.29% 10,300 $400K No change
MMM 3M Co. 0.28% 3,800 $388K Reduce -3.8%
BROS Dutch Bros Inc. Class A 0.26% 8,900 $368K No change
SKX Skechers USA Inc. Class A 0.26% 5,300 $366K No change
BIDU Baidu Inc. - Spon ADR 0.26% 4,175 $361K Reduce -1.2%
EW Edwards Lifesciences Corp. 0.26% 3,900 $360K No change
IEV iShares Europe ETF 0.26% 6,500 $356K No change
SLV iShares Silver Trust 0.24% 12,500 $332K No change
T AT&T Inc. 0.23% 17,000 $325K Reduce -12.8%
PARAA Paramount Global Class B 0.23% 30,700 $319K Reduce -14.0%
CCL Carnival Corp. 0.23% 17,000 $318K No change
MDT Medtronic PLC 0.22% 3,900 $307K Reduce -4.9%
FXI iShares China Large-Cap ETF 0.21% 11,400 $296K No change
COP Conocophillips 0.20% 2,400 $275K No change
VEU Vanguard Ftse All-World Ex-U 0.19% 4,600 $270K No change
BABA Alibaba Group Holding-SP ADR 0.19% 3,675 $265K Reduce -3.9%
WAB Wabtec Corp. 0.19% 1,650 $261K Reduce -34.0%
GM General Motors Co. 0.19% 5,600 $260K Reduce -9.7%
PYPL PayPal Holdings Inc. 0.18% 4,400 $255K Reduce -2.2%
ARMK Aramark 0.18% 7,500 $255K Reduce -21.1%
MCD McDonald's Corp. 0.18% 1,000 $255K No change
ROG Rogers Corp. 0.18% 2,100 $253K No change

Show all 111 holdings

Portfolio Sells Q1 2024 → Q2 2024
GE General Electric Reduce -10.7% 4.53% −0.94
HWM Howmet Aerospace Inc. Reduce -49.4% 0.82% −0.57
GBCI Glacier Bancorp Inc. Reduce -0.8% 8.09% −0.50
MSTR Strategy Inc. Sold out 0.00% −0.36
UBER Uber Technologies Inc. Reduce -8.0% 2.09% −0.26
AMRX Amneal Pharmaceuticals Inc. Sold out 0.00% −0.21
WYNN WYNN Resorts Ltd. Reduce -0.6% 1.55% −0.19
WFC Wells Fargo & Co. Reduce -15.0% 1.45% −0.17
FNV Franco-Nevada Corp. Sold out 0.00% −0.17
GEV GE Vernova Inc. Reduce -14.3% 1.17% −0.16
MRK Merck & Co. Inc. Reduce -5.8% 1.51% −0.16
TRIP Tripadvisor Inc. Sold out 0.00% −0.15
GLPI Gaming and Leisure Propertie Reduce -5.2% 2.95% −0.14
VEA Vanguard Ftse Developed ETF Sold out 0.00% −0.14
LOCO El Pollo Loco Holdings Inc. Sold out 0.00% −0.10
ELAN Elanco Animal Health Inc. Reduce -2.7% 0.74% −0.10
NTNX Nutanix Inc. Class A Reduce -0.6% 1.41% −0.09
MSOS Advisorshares Pure US Cann Reduce -18.9% 0.11% −0.07
WAB Wabtec Corp. Reduce -34.0% 0.19% −0.07
F Ford Motor Co. Reduce -6.7% 0.62% −0.07
PARAA Paramount Global Class B Reduce -14.0% 0.23% −0.07
DOW Dow Inc. Reduce -3.3% 0.56% −0.06
HMC Honda Motor Co. Ltd.-Spons ADR Reduce -3.3% 0.34% −0.06
BIDU Baidu Inc. - Spon ADR Reduce -1.2% 0.26% −0.05
CTVA Corteva Inc. Reduce -7.8% 0.35% −0.05
FLG New York Community Bancorp Sold out 0.00% −0.05
VZ Verizon Communications Inc. Reduce -2.7% 1.72% −0.03
ARMK Aramark Reduce -21.1% 0.18% −0.03
MDT Medtronic PLC Reduce -4.9% 0.22% −0.03
PYPL PayPal Holdings Inc. Reduce -2.2% 0.18% −0.03
ALK Alaska Air Group Inc. Reduce -2.0% 0.36% −0.02
VGK Vanguard Ftse Europe ETF Reduce -2.6% 1.61% −0.02
MMM 3M Co. Reduce -3.8% 0.28% −0.01
AXONICS INC Reduce -8.7% 0.15% −0.01
GM General Motors Co. Reduce -9.7% 0.19% −0.01
T AT&T Inc. Reduce -12.8% 0.23% −0.01
WRK Westrock Co. Reduce -5.1% 0.54% −0.01
B Barrick Gold Corp. Reduce -3.6% 0.48% −0.00
BABA Alibaba Group Holding-SP ADR Reduce -3.9% 0.19% −0.00
PENN Penn Entertainment Inc. Reduce -7.9% 2.82% +0.01
BAC Bank of America Corp. Reduce -5.0% 0.77% +0.02
KWEB Kranesh Csi China Internet Reduce -0.6% 0.35% +0.02
CCJ Cameco Corp. Reduce -2.0% 0.17% +0.02
IFF Intl Flavors & Fragrances Reduce -7.3% 0.43% +0.02
PSLV Sprott Physical Silver Trust Reduce -11.5% 0.39% +0.03
PHYS Sprott Physical Gold Trust Reduce -4.0% 1.23% +0.03
MAG Mag Silver Corp. Reduce -7.8% 0.80% +0.03
DD Dupont DE Nemours Inc. Reduce -3.0% 1.14% +0.05
NEM Newmont Corp. Reduce -1.0% 0.62% +0.10
BCS Barclays PLC-Spons ADR Reduce -0.7% 1.18% +0.16

Portfolio Buys Q1 2024 → Q2 2024
TSN Tyson Foods Inc. Class A New 0.96% +0.96
BA The Boeing Co. Add +27.9% 2.56% +0.49
UL Unilever PLC Add +24.6% 1.67% +0.48
NVST Envista Holdings Corp. New 0.38% +0.38
LIND Lindblad Expeditions Holding Add +24.9% 1.35% +0.33
LUV Southwest Airlines Co. Add +16.1% 2.22% +0.32
BMY Bristol-Myers Squibb Co. Add +61.2% 1.15% +0.24
FIGS Figs Inc. Class A Add +75.7% 0.48% +0.23
PSQ Proshares Short QQQ Add +16.5% 1.95% +0.18
WPM Wheaton Precious Metals Corp. New 0.15% +0.15
EEM iShares MSCI Emerging Market New 0.14% +0.14
FMC FMC Corp. Add +35.6% 0.66% +0.13
CNH CNH Industrial NV Add +59.5% 0.49% +0.11
SQM Quimica Y Minera Chil-SP ADR Add +32.7% 0.80% +0.09
JNJ Johnson & Johnson Add +28.0% 0.34% +0.06
VTRS Viatris Inc. Add +11.4% 0.78% +0.01
KHC The Kraft Heinz Co. Add +11.0% 1.17% −0.01
BP BP PLC-Spons ADR Add +0.8% 2.26% −0.02
LAC Lithium Americas Corp. Add +42.9% 0.05% −0.03
GT Goodyear Tire & Rubber Co. Add +5.4% 0.51% −0.06
DIS The Walt Disney Co. Add +7.9% 0.66% −0.07
WBD Warner Bros Discovery Inc. Add +0.9% 0.58% −0.08
CRSP Crispr Therapeutics AG Add +12.5% 0.85% −0.08

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 108$152.4MGBCI, GE, BA, INTC, LUV
Q4 2025 108$141.8MGBCI, GE, BA, SHEL, LUV
Q3 2025 102$130.6MGBCI, GE, BA, SHEL, GLPI
Q2 2025 101$124.5MGBCI, GE, BA, SHEL, GLPI
Q1 2025 108$152.2MGBCI, GE, BA, SHEL, LUV
Q4 2024 110$151.5MGBCI, GE, BA, LUV, SHEL
Q3 2024 112$151.1MGBCI, GE, SHEL, GLPI, LUV
Q2 2024 111$139.3MGBCI, GE, SHEL, GLPI, PENN
Q1 2024 113$142.7MGBCI, GE, SHEL, GLPI, PENN