Hussman Strategic Advisors, Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 3, 2025), Hussman Strategic Advisors, Inc. reported 234 stock positions worth $338.5 million. Its top holding was Campbell's (CPB) at 1.8% of the portfolio, followed by Colgate-Palmolive (CL, 1.8%) and Verizon Communications (VZ, 1.7%). Compared with Q3 2024, it opened 103 new positions, sold out of 85, added to 36 and reduced 46. The biggest buy was a new position in Protagonist Therapeutics (PTGX) and the biggest sale Barrick Gold (B, shares −68%).
- Most Recent 13F
- Q2 2026
- Location
- ELLICOTT CITY, MD
- CIK
- 0001179475
- Portfolio Value
- $338.5M (Q4 2024)
- SEC Filing
- 0001398344-25-001632 ↗ filed Feb 3, 2025
Holdings Value
Holdings 234 stocks · $338.5M
| CPB The Campbell's Company | 1.82% | 147,000 | $6.2M | Add +133.3% |
| CL Colgate-Palmolive Co. | 1.80% | 67,200 | $6.1M | Add +166.7% |
| VZ Verizon Communications Inc. | 1.74% | 147,000 | $5.9M | Add +75.0% |
| NVO Novo-Nordisk A/S-Spons ADR | 1.60% | 63,000 | $5.4M | Add +25.0% |
| NRG NRG Energy Inc. | 1.44% | 54,000 | $4.9M | Add +24.1% |
| QCOM Qualcomm Inc. | 1.43% | 31,500 | $4.8M | Reduce -16.7% |
| PTGX Protagonist Therapeutics Inc. | 1.20% | 105,000 | $4.1M | New |
| GIS General Mills Inc. | 1.19% | 63,000 | $4.0M | Add +100.0% |
| AMGN Amgen Inc. | 1.13% | 14,700 | $3.8M | Add +40.0% |
| DVA Davita Inc. | 1.11% | 25,200 | $3.8M | Add +200.0% |
| C Citigroup Inc. | 1.09% | 52,500 | $3.7M | Add +25.0% |
| HALO Halozyme Therapeutics Inc. | 1.04% | 73,500 | $3.5M | Add +75.0% |
| B Barrick Gold Corp. | 0.93% | 204,000 | $3.2M | Reduce -68.0% |
| HCA HCA Healthcare Inc. | 0.93% | 10,500 | $3.2M | Add +66.7% |
| GCT Gigacloud Technology Inc. Class A | 0.92% | 168,000 | $3.1M | No change |
| SN Sharkninja Inc. | 0.91% | 31,500 | $3.1M | Add +87.5% |
| FLO Flowers Foods Inc. | 0.90% | 147,000 | $3.0M | Add +40.0% |
| ALLY Ally Financial Inc. | 0.89% | 84,000 | $3.0M | Add +33.3% |
| UHS Universal Health Services-B | 0.89% | 16,800 | $3.0M | Add +300.0% |
| UTHR United Therapeutics Corp. | 0.88% | 8,400 | $3.0M | Add +33.3% |
| MPC Marathon Petroleum Corp. | 0.87% | 21,000 | $2.9M | Add +233.3% |
| INVA Innoviva Inc. | 0.86% | 168,000 | $2.9M | Add +33.3% |
| INCY Incyte Corp. | 0.86% | 42,000 | $2.9M | New |
| CI The Cigna Group | 0.86% | 10,500 | $2.9M | New |
| HRMY Harmony Biosciences Holdings | 0.85% | 84,000 | $2.9M | Add +33.3% |
| CVS CVS Health Corp. | 0.84% | 63,000 | $2.8M | No change |
| OGN Organon & Co. | 0.83% | 189,000 | $2.8M | New |
| SPOT Spotify Technology SA | 0.83% | 6,300 | $2.8M | Reduce -25.0% |
| BKU Bankunited Inc. | 0.83% | 73,500 | $2.8M | Add +133.3% |
| GM General Motors Co. | 0.83% | 52,500 | $2.8M | Add +150.0% |
| CMCSA Comcast Corp. Class A | 0.81% | 73,500 | $2.8M | New |
| PEP Pepsico Inc. | 0.75% | 16,800 | $2.6M | Reduce -11.1% |
| ACMR Acm Research Inc. Class A | 0.75% | 168,000 | $2.5M | Reduce -20.0% |
| HSY The Hershey Co. | 0.74% | 14,700 | $2.5M | Reduce -30.0% |
| META Meta Platforms Inc. Class A | 0.73% | 4,200 | $2.5M | Reduce -66.7% |
| AEO American Eagle Outfitters | 0.72% | 147,000 | $2.5M | Add +40.0% |
| ECHO Echostar Corp. Class A | 0.71% | 105,000 | $2.4M | New |
| DKS Dick's Sporting Goods Inc. | 0.71% | 10,500 | $2.4M | No change |
| SEM Select Medical Holdings Corp. | 0.70% | 126,000 | $2.4M | New |
| AU Anglogold Ashanti PLC | 0.70% | 102,000 | $2.4M | Reduce -20.0% |
| BFAM Bright Horizons Family Solut | 0.69% | 21,000 | $2.3M | New |
| MBIN Merchants Bancorp | 0.68% | 63,000 | $2.3M | No change |
| TOST Toast Inc. Class A | 0.68% | 63,000 | $2.3M | New |
| CRI Carter's Inc. | 0.67% | 42,000 | $2.3M | Add +100.0% |
| KLG WK Kellogg Co. | 0.67% | 126,000 | $2.3M | New |
| FITB Fifth Third Bancorp | 0.66% | 52,500 | $2.2M | New |
| WFC Wells Fargo & Co. | 0.65% | 31,500 | $2.2M | Reduce -25.0% |
| PAHC Phibro Animal Health Corp. Class A | 0.65% | 105,000 | $2.2M | New |
| SBH Sally Beauty Holdings Inc. | 0.65% | 210,000 | $2.2M | Add +25.0% |
| DY Dycom Industries Inc. | 0.65% | 12,600 | $2.2M | Add +100.0% |
| CPRX Catalyst Pharmaceuticals Inc. | 0.65% | 105,000 | $2.2M | No change |
| TRIP Tripadvisor Inc. | 0.64% | 147,000 | $2.2M | No change |
| OMC Omnicom Group | 0.64% | 25,200 | $2.2M | New |
| BAND Bandwidth Inc. Class A | 0.63% | 126,000 | $2.1M | No change |
| VLTO Veralto Corp. | 0.63% | 21,000 | $2.1M | New |
| CORT Corcept Therapeutics Inc. | 0.63% | 42,000 | $2.1M | No change |
| EXEL Exelixis Inc. | 0.62% | 63,000 | $2.1M | Reduce -50.0% |
| CRUS Cirrus Logic Inc. | 0.62% | 21,000 | $2.1M | Add +42.9% |
| HE Hawaiian Electric Inds | 0.61% | 211,000 | $2.1M | Add +21000.0% |
| IDCC Interdigital Inc. | 0.60% | 10,500 | $2.0M | Reduce -58.3% |
| JWN Nordstrom Inc. | 0.60% | 84,000 | $2.0M | Add +33.3% |
| SG Sweetgreen Inc. Class A | 0.60% | 63,000 | $2.0M | Reduce -40.0% |
| AMRX Amneal Pharmaceuticals Inc. | 0.59% | 252,000 | $2.0M | Add +20.0% |
| AEM Agnico Eagle Mines Ltd. | 0.59% | 25,500 | $2.0M | Reduce -80.0% |
| ASTH Astrana Health Inc. | 0.59% | 63,000 | $2.0M | New |
| VITL Vital Farms Inc. | 0.58% | 52,500 | $2.0M | Reduce -50.0% |
| CSTL Castle Biosciences Inc. | 0.58% | 73,500 | $2.0M | New |
| ICUI Icu Medical Inc. | 0.58% | 12,600 | $2.0M | New |
| ALKS Alkermes PLC | 0.57% | 67,200 | $1.9M | New |
| BFH Bread Financial Holdings Inc. | 0.57% | 31,500 | $1.9M | New |
| SSTK Shutterstock Inc. | 0.56% | 63,000 | $1.9M | Add +50.0% |
| NEM Newmont Corp. | 0.56% | 51,000 | $1.9M | Reduce -71.4% |
| HOG Harley-Davidson Inc. | 0.56% | 63,000 | $1.9M | New |
| UMBF Umb Financial Corp. | 0.56% | 16,800 | $1.9M | Reduce -46.7% |
| CFG Citizens Financial Group | 0.54% | 42,000 | $1.8M | New |
| PYPL PayPal Holdings Inc. | 0.53% | 21,000 | $1.8M | New |
| VSAT Viasat Inc. | 0.53% | 210,000 | $1.8M | New |
| SHOO Steven Madden Ltd. filed as MADDEN STEVEN LTD | 0.53% | 42,000 | $1.8M | New |
| ANIP Ani Pharmaceuticals Inc. | 0.51% | 31,500 | $1.7M | New |
| FANG Diamondback Energy Inc. | 0.51% | 10,500 | $1.7M | No change |
| TGT Target Corp. | 0.50% | 12,600 | $1.7M | Add +20.0% |
| CACI Caci International Inc. Class A | 0.50% | 4,200 | $1.7M | New |
| SLVM Sylvamo Corp. | 0.49% | 21,000 | $1.7M | New |
| KMB Kimberly-Clark Corp. | 0.49% | 12,600 | $1.7M | Reduce -25.0% |
| JBLU Jetblue Airways Corp. | 0.49% | 210,000 | $1.7M | New |
| SJM The JM Smucker Co. filed as SMUCKER J M CO | 0.48% | 14,700 | $1.6M | Reduce -30.0% |
| DG Dollar General Corp. | 0.47% | 21,000 | $1.6M | No change |
| FFIV F5 Inc. | 0.47% | 6,300 | $1.6M | Reduce -40.0% |
| CHKP Check Point Software Tech | 0.46% | 8,400 | $1.6M | Reduce -42.9% |
| RNR Renaissancere Holdings Ltd. | 0.46% | 6,300 | $1.6M | New |
| AMSC American Superconductor Corp. | 0.46% | 63,000 | $1.6M | Reduce -40.0% |
| ZETA Zeta Global Holdings Corp. Class A | 0.45% | 84,000 | $1.5M | New |
| ASB Associated Banc-Corp. | 0.44% | 63,000 | $1.5M | Reduce -40.0% |
| REGN Regeneron Pharmaceuticals | 0.44% | 2,100 | $1.5M | New |
| GES Guess? Inc. | 0.44% | 105,000 | $1.5M | No change |
| KSS Kohls Corp. | 0.44% | 105,000 | $1.5M | Add +66.7% |
| MGM MGM Resorts International | 0.43% | 42,000 | $1.5M | New |
| CE Celanese Corp. | 0.43% | 21,000 | $1.5M | New |
| INGR Ingredion Inc. | 0.43% | 10,500 | $1.4M | Reduce -50.0% |
| RMD Resmed Inc. | 0.43% | 6,300 | $1.4M | New |
Portfolio Sells Q3 2024 → Q4 2024
| B Barrick Gold Corp. | Reduce -68.0% | 0.93% | −2.18 |
| AEM Agnico Eagle Mines Ltd. | Reduce -80.0% | 0.59% | −1.93 |
| NEM Newmont Corp. | Reduce -71.4% | 0.56% | −1.78 |
| META Meta Platforms Inc. Class A | Reduce -66.7% | 0.73% | −1.04 |
| BKE The Buckle Inc. | Sold out | 0.00% | −0.91 |
| INTC Intel Corp. | Sold out | 0.00% | −0.85 |
| M Macy's Inc. | Sold out | 0.00% | −0.81 |
| UI Ubiquiti Inc. | Sold out | 0.00% | −0.80 |
| GAP The Gap Inc. | Sold out | 0.00% | −0.80 |
| ESTC Elastic NV | Sold out | 0.00% | −0.79 |
| URBN Urban Outfitters Inc. | Sold out | 0.00% | −0.79 |
| NXT Nextpower Inc. | Sold out | 0.00% | −0.77 |
| LOPE Grand Canyon Education Inc. | Sold out | 0.00% | −0.73 |
| CUBI Customers Bancorp Inc. | Sold out | 0.00% | −0.72 |
| DXCM Dexcom Inc. | Sold out | 0.00% | −0.69 |
| GOOG Alphabet Inc. Class C | Sold out | 0.00% | −0.69 |
| BTG B2GOLD Corp. | Reduce -81.8% | 0.14% | −0.69 |
| WGS Genedx Holdings Corp. | Sold out | 0.00% | −0.66 |
| IART Integra Lifesciences Holding | Sold out | 0.00% | −0.66 |
| NTAP Netapp Inc. | Sold out | 0.00% | −0.64 |
| CMPR Cimpress PLC | Sold out | 0.00% | −0.63 |
| EA Electronic Arts Inc. | Sold out | 0.00% | −0.59 |
| INFY Infosys Ltd.-SP ADR | Sold out | 0.00% | −0.57 |
| STRA Strategic Education Inc. | Sold out | 0.00% | −0.57 |
| PDCO Patterson Cos Inc. | Sold out | 0.00% | −0.56 |
| LULU Lululemon Athletica Inc. | Sold out | 0.00% | −0.56 |
| WSM Williams-Sonoma Inc. | Sold out | 0.00% | −0.56 |
| NBIX Neurocrine Biosciences Inc. | Reduce -73.3% | 0.34% | −0.55 |
| ASTS Ast Spacemobile Inc. | Reduce -66.7% | 0.26% | −0.55 |
| APP AppLovin Corp. Class A | Sold out | 0.00% | −0.54 |
| QLYS Qualys Inc. | Sold out | 0.00% | −0.53 |
| CWCO Consolidated Water Co.-Ord SH | Sold out | 0.00% | −0.52 |
| SKX Skechers USA Inc. Class A | Sold out | 0.00% | −0.52 |
| RGLD Royal Gold Inc. | Reduce -85.7% | 0.10% | −0.52 |
| KNSA Kiniksa Pharmaceuticals Inte | Sold out | 0.00% | −0.52 |
| IONQ Ionq Inc. | Reduce -92.5% | 0.39% | −0.51 |
| MLKN Millerknoll Inc. | Sold out | 0.00% | −0.51 |
| PAAS Pan American Silver Corp. | Reduce -80.0% | 0.15% | −0.50 |
| AGI Alamos Gold Inc. Class A | Reduce -80.0% | 0.14% | −0.49 |
| TPR Tapestry Inc. | Sold out | 0.00% | −0.48 |
| WBA Walgreens Boots Alliance Inc. | Sold out | 0.00% | −0.46 |
| PLNT Planet Fitness Inc. Class A | Sold out | 0.00% | −0.46 |
| UNM Unum Group | Sold out | 0.00% | −0.46 |
| ALLE Allegion PLC | Sold out | 0.00% | −0.45 |
| JPM JPMorgan Chase & Co. | Sold out | 0.00% | −0.43 |
| DFS Discover Financial Services | Sold out | 0.00% | −0.43 |
| ETSY Etsy Inc. | Sold out | 0.00% | −0.43 |
| DELL Dell Technologies -C | Sold out | 0.00% | −0.43 |
| KTB Kontoor Brands Inc. | Sold out | 0.00% | −0.42 |
| FUN Six Flags Entertainment Corp. | Sold out | 0.00% | −0.42 |
Portfolio Buys Q3 2024 → Q4 2024
| PTGX Protagonist Therapeutics Inc. | New | 1.20% | +1.20 |
| CL Colgate-Palmolive Co. | Add +166.7% | 1.80% | +1.16 |
| CPB The Campbell's Company | Add +133.3% | 1.82% | +1.06 |
| INCY Incyte Corp. | New | 0.86% | +0.86 |
| CI The Cigna Group | New | 0.86% | +0.86 |
| OGN Organon & Co. | New | 0.83% | +0.83 |
| CMCSA Comcast Corp. Class A | New | 0.81% | +0.81 |
| VZ Verizon Communications Inc. | Add +75.0% | 1.74% | +0.81 |
| DVA Davita Inc. | Add +200.0% | 1.11% | +0.78 |
| ECHO Echostar Corp. Class A | New | 0.71% | +0.71 |
| SEM Select Medical Holdings Corp. | New | 0.70% | +0.70 |
| BFAM Bright Horizons Family Solut | New | 0.69% | +0.69 |
| TOST Toast Inc. Class A | New | 0.68% | +0.68 |
| KLG WK Kellogg Co. | New | 0.67% | +0.67 |
| FITB Fifth Third Bancorp | New | 0.66% | +0.66 |
| UHS Universal Health Services-B | Add +300.0% | 0.89% | +0.65 |
| PAHC Phibro Animal Health Corp. Class A | New | 0.65% | +0.65 |
| OMC Omnicom Group | New | 0.64% | +0.64 |
| VLTO Veralto Corp. | New | 0.63% | +0.63 |
| GIS General Mills Inc. | Add +100.0% | 1.19% | +0.62 |
| MPC Marathon Petroleum Corp. | Add +233.3% | 0.87% | +0.61 |
| HE Hawaiian Electric Inds | Add +21000.0% | 0.61% | +0.60 |
| GM General Motors Co. | Add +150.0% | 0.83% | +0.59 |
| ASTH Astrana Health Inc. | New | 0.59% | +0.59 |
| CSTL Castle Biosciences Inc. | New | 0.58% | +0.58 |
| ICUI Icu Medical Inc. | New | 0.58% | +0.58 |
| ALKS Alkermes PLC | New | 0.57% | +0.57 |
| BFH Bread Financial Holdings Inc. | New | 0.57% | +0.57 |
| HOG Harley-Davidson Inc. | New | 0.56% | +0.56 |
| BKU Bankunited Inc. | Add +133.3% | 0.83% | +0.55 |
| CFG Citizens Financial Group | New | 0.54% | +0.54 |
| PYPL PayPal Holdings Inc. | New | 0.53% | +0.53 |
| VSAT Viasat Inc. | New | 0.53% | +0.53 |
| SHOO Steven Madden Ltd. | New | 0.53% | +0.53 |
| ANIP Ani Pharmaceuticals Inc. | New | 0.51% | +0.51 |
| CACI Caci International Inc. Class A | New | 0.50% | +0.50 |
| SLVM Sylvamo Corp. | New | 0.49% | +0.49 |
| JBLU Jetblue Airways Corp. | New | 0.49% | +0.49 |
| NRG NRG Energy Inc. | Add +24.1% | 1.44% | +0.47 |
| RNR Renaissancere Holdings Ltd. | New | 0.46% | +0.46 |
| SN Sharkninja Inc. | Add +87.5% | 0.91% | +0.46 |
| HALO Halozyme Therapeutics Inc. | Add +75.0% | 1.04% | +0.45 |
| ZETA Zeta Global Holdings Corp. Class A | New | 0.45% | +0.45 |
| C Citigroup Inc. | Add +25.0% | 1.09% | +0.45 |
| REGN Regeneron Pharmaceuticals | New | 0.44% | +0.44 |
| MGM MGM Resorts International | New | 0.43% | +0.43 |
| CE Celanese Corp. | New | 0.43% | +0.43 |
| RMD Resmed Inc. | New | 0.43% | +0.43 |
| SYF Synchrony Financial | New | 0.40% | +0.40 |
| PRCT Procept Biorobotics Corp. | New | 0.40% | +0.40 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 231 | $434.0M | PEP, UI, INCY, VSAT, NBIX |
| Q1 2026 | 268 | $462.5M | CORT, UNFI, CPB, APA, ETSY |
| Q4 2025 | 252 | $413.7M | QCOM, ETSY, UI, UNFI, CHTR |
| Q3 2025 | 270 | $461.8M | UNFI, CPB, CHTR, B, TGTX |
| Q2 2025 | 210 | $437.6M | AEM, NEM, B, UI, RGLD |
| Q1 2025 | 232 | $412.6M | B, NEM, AEM, CPB, CL |
| Q4 2024 | 234 | $338.5M | CPB, CL, VZ, NVO, NRG |
| Q3 2024 | 216 | $407.1M | B, AEM, NEM, META, QCOM |
| Q2 2024 | 232 | $363.0M | NVO, AEM, B, ACMR, CRC |
| Q1 2024 | 216 | $430.0M | B, AEM, NEM, GOOG, AMZN |