# HUSSMAN STRATEGIC ADVISORS, INC.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1179475. Source: https://holderbook.com/funds/1179475-hussman-strategic-advisors-inc/

- Reported value: $434.0M
- Positions: 231
- Weight of the ten largest: 10.4%
- Filed: 2026-08-03

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $5.1M | 37,800 | 1.2% | 21 |
| UBIQUITI INC | [UI](https://holderbook.com/stocks/UI/) | $5.0M | 9,450 | 1.2% | 6 |
| INCYTE CORP | [INCY](https://holderbook.com/stocks/INCY/) | $4.8M | 42,000 | 1.1% | 7 |
| VIASAT INC | [VSAT](https://holderbook.com/stocks/VSAT/) | $4.7M | 52,500 | 1.1% | 4 |
| NEUROCRINE BIOSCIENCES INC | [NBIX](https://holderbook.com/stocks/NBIX/) | $4.6M | 27,300 | 1.1% | 4 |
| BIOGEN INC | [BIIB](https://holderbook.com/stocks/BIIB/) | $4.5M | 21,000 | 1.0% | 2 |
| HERSHEY CO | [HSY](https://holderbook.com/stocks/HSY/) | $4.4M | 25,200 | 1.0% | 11 |
| CIMPRESS PLC | [CMPR](https://holderbook.com/stocks/CMPR/) | $4.3M | 42,000 | 1.0% | 2 |
| ZIFF DAVIS INC | [ZD](https://holderbook.com/stocks/ZD/) | $3.8M | 73,500 | 0.9% | 2 |
| UNITED NAT FOODS INC | [UNFI](https://holderbook.com/stocks/UNFI/) | $3.8M | 84,000 | 0.9% | 7 |
| ULTA BEAUTY INC | [ULTA](https://holderbook.com/stocks/ULTA/) | $3.8M | 8,400 | 0.9% | 2 |
| THE CAMPBELLS COMPANY | [CPB](https://holderbook.com/stocks/CPB/) | $3.7M | 168,000 | 0.9% | 26 |
| GENERAL MILLS INC | [GIS](https://holderbook.com/stocks/GIS/) | $3.7M | 105,000 | 0.8% | 29 |
| TERADATA CORP DEL | [TDC](https://holderbook.com/stocks/TDC/) | $3.6M | 105,000 | 0.8% | 1 |
| DOLLAR GEN CORP | [DG](https://holderbook.com/stocks/DG/) | $3.6M | 31,500 | 0.8% | 4 |
| AMERICAN EAGLE OUTFITTERS IN | [AEO](https://holderbook.com/stocks/AEO/) | $3.6M | 210,000 | 0.8% | 2 |
| PACS GROUP INC | [PACS](https://holderbook.com/stocks/PACS/) | $3.6M | 84,000 | 0.8% | 1 |
| AURINIA PHARMACEUTICALS INC | [AUPH](https://holderbook.com/stocks/AUPH/) | $3.6M | 210,000 | 0.8% | 6 |
| MADDEN STEVEN LTD | [SHOO](https://holderbook.com/stocks/SHOO/) | $3.5M | 84,000 | 0.8% | 2 |
| PROVIDENT FINL SVCS INC | [PFS](https://holderbook.com/stocks/PFS/) | $3.5M | 147,000 | 0.8% | 1 |
| PROTO LABS INC | [PRLB](https://holderbook.com/stocks/PRLB/) | $3.4M | 42,000 | 0.8% | 2 |
| APA CORPORATION | [APA](https://holderbook.com/stocks/APA/) | $3.4M | 105,000 | 0.8% | 4 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $3.4M | 36,600 | 0.8% | 31 |
| BARRICK MNG CORP | [B](https://holderbook.com/stocks/B/) | $3.4M | 91,500 | 0.8% | 5 |
| MERCURY GENL CORP NEW | [MCY](https://holderbook.com/stocks/MCY/) | $3.4M | 31,500 | 0.8% | 2 |
| MEDPACE HLDGS INC | [MEDP](https://holderbook.com/stocks/MEDP/) | $3.3M | 6,300 | 0.8% | 2 |
| TOOTSIE ROLL INDS INC | [TR](https://holderbook.com/stocks/TR/) | $3.3M | 84,000 | 0.8% | 3 |
| GLOBUS MED INC | [GMED](https://holderbook.com/stocks/GMED/) | $3.3M | 42,000 | 0.8% | 1 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $3.3M | 21,000 | 0.8% | 1 |
| HALOZYME THERAPEUTICS INC | [HALO](https://holderbook.com/stocks/HALO/) | $3.3M | 42,000 | 0.8% | 17 |
| BANK OZK LITTLE ROCK ARK | [OZK](https://holderbook.com/stocks/OZK/) | $3.3M | 63,000 | 0.8% | 1 |
| REGENERON PHARMACEUTICALS | [REGN](https://holderbook.com/stocks/REGN/) | $3.3M | 5,250 | 0.8% | 1 |
| MATCH GROUP INC NEW | [MTCH](https://holderbook.com/stocks/MTCH/) | $3.2M | 84,000 | 0.7% | 3 |
| ETSY INC | [ETSY](https://holderbook.com/stocks/ETSY/) | $3.2M | 42,000 | 0.7% | 5 |
| VISTEON CORP | [VC](https://holderbook.com/stocks/VC/) | $3.1M | 31,500 | 0.7% | 2 |
| YETI HLDGS INC | [YETI](https://holderbook.com/stocks/YETI/) | $3.1M | 63,000 | 0.7% | 2 |
| HEALTHCARE SVCS GROUP INC | [HCSG](https://holderbook.com/stocks/HCSG/) | $3.1M | 126,000 | 0.7% | 4 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $3.0M | 8,400 | 0.7% | 3 |
| NEXTPOWER INC | [NXT](https://holderbook.com/stocks/NXT/) | $3.0M | 25,200 | 0.7% | 4 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $3.0M | 8,400 | 0.7% | 1 |
| T1 ENERGY INC | [TE](https://holderbook.com/stocks/TE/) | $3.0M | 315,000 | 0.7% | 1 |
| INHIBRX BIOSCIENCES INC | [INBX](https://holderbook.com/stocks/INBX/) | $3.0M | 31,500 | 0.7% | 1 |
| AKAMAI TECHNOLOGIES INC | [AKAM](https://holderbook.com/stocks/AKAM/) | $3.0M | 25,200 | 0.7% | 2 |
| URBAN OUTFITTERS INC | [URBN](https://holderbook.com/stocks/URBN/) | $3.0M | 42,000 | 0.7% | 4 |
| MACYS INC | [M](https://holderbook.com/stocks/M/) | $3.0M | 126,000 | 0.7% | 2 |
| BREAD FINANCIAL HOLDINGS INC | [BFH](https://holderbook.com/stocks/BFH/) | $3.0M | 27,300 | 0.7% | 7 |
| AMERESCO INC | [AMRC](https://holderbook.com/stocks/AMRC/) | $2.9M | 105,000 | 0.7% | 2 |
| TG THERAPEUTICS INC | [TGTX](https://holderbook.com/stocks/TGTX/) | $2.9M | 52,500 | 0.7% | 1 |
| AGNICO EAGLE MINES LTD | [AEM](https://holderbook.com/stocks/AEM/) | $2.8M | 18,300 | 0.7% | 31 |
| LEAR CORP | [LEA](https://holderbook.com/stocks/LEA/) | $2.8M | 21,000 | 0.6% | 2 |
| SM ENERGY COMPANY | [SM](https://holderbook.com/stocks/SM/) | $2.7M | 105,000 | 0.6% | 1 |
| PHOTRONICS INC | [PLAB](https://holderbook.com/stocks/PLAB/) | $2.7M | 84,000 | 0.6% | 1 |
| FASTLY INC | [FSLY](https://holderbook.com/stocks/FSLY/) | $2.7M | 147,000 | 0.6% | 2 |
| BROOKFIELD INFRASTRUCTURE PA | [BIP](https://holderbook.com/stocks/BIP/) | $2.7M | 73,500 | 0.6% | 2 |
| BUCKLE INC | [BKE](https://holderbook.com/stocks/BKE/) | $2.7M | 63,000 | 0.6% | 2 |
| AMERICAN AIRLINES GROUP INC | [AAL](https://holderbook.com/stocks/AAL/) | $2.7M | 147,000 | 0.6% | 2 |
| GIGACLOUD TECHNOLOGY INC | [GCT](https://holderbook.com/stocks/GCT/) | $2.7M | 84,000 | 0.6% | 4 |
| FIVE BELOW INC | [FIVE](https://holderbook.com/stocks/FIVE/) | $2.6M | 14,700 | 0.6% | 4 |
| SAREPTA THERAPEUTICS INC | [SRPT](https://holderbook.com/stocks/SRPT/) | $2.6M | 147,000 | 0.6% | 1 |
| MATADOR RES CO | [MTDR](https://holderbook.com/stocks/MTDR/) | $2.6M | 52,500 | 0.6% | 1 |
| ADVANCE AUTO PARTS INC | [AAP](https://holderbook.com/stocks/AAP/) | $2.6M | 42,000 | 0.6% | 3 |
| ANI PHARMACEUTICALS INC | [ANIP](https://holderbook.com/stocks/ANIP/) | $2.6M | 31,500 | 0.6% | 3 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $2.6M | 25,200 | 0.6% | 3 |
| DEVON ENERGY CORP NEW | [DVN](https://holderbook.com/stocks/DVN/) | $2.6M | 63,000 | 0.6% | 3 |
| CARTERS INC | [CRI](https://holderbook.com/stocks/CRI/) | $2.6M | 63,000 | 0.6% | 2 |
| DIAMONDBACK ENERGY INC | [FANG](https://holderbook.com/stocks/FANG/) | $2.6M | 14,700 | 0.6% | 2 |
| APTIV PLC | [APTV](https://holderbook.com/stocks/APTV/) | $2.6M | 42,000 | 0.6% | 3 |
| PTC THERAPEUTICS INC | [PTCT](https://holderbook.com/stocks/PTCT/) | $2.6M | 31,500 | 0.6% | 1 |
| ARCHER DANIELS MIDLAND CO | [ADM](https://holderbook.com/stocks/ADM/) | $2.6M | 33,600 | 0.6% | 3 |
| CHENIERE ENERGY PARTNERS LP | [CQP](https://holderbook.com/stocks/CQP/) | $2.6M | 42,000 | 0.6% | 4 |
| NORTHERN TR CORP | [NTRS](https://holderbook.com/stocks/NTRS/) | $2.6M | 14,700 | 0.6% | 7 |
| BANKUNITED INC | [BKU](https://holderbook.com/stocks/BKU/) | $2.5M | 52,500 | 0.6% | 8 |
| SUNRUN INC | [RUN](https://holderbook.com/stocks/RUN/) | $2.5M | 189,000 | 0.6% | 2 |
| SHOALS TECHNOLOGIES GROUP IN | [SHLS](https://holderbook.com/stocks/SHLS/) | $2.5M | 252,000 | 0.6% | 4 |
| IPG PHOTONICS CORP | [IPGP](https://holderbook.com/stocks/IPGP/) | $2.5M | 21,000 | 0.6% | 1 |
| SOLAREDGE TECHNOLOGIES INC | [SEDG](https://holderbook.com/stocks/SEDG/) | $2.5M | 42,000 | 0.6% | 3 |
| COGNIZANT TECHNOLOGY SOLUTIO | [CTSH](https://holderbook.com/stocks/CTSH/) | $2.4M | 63,000 | 0.6% | 5 |
| SYNCHRONY FINANCIAL | [SYF](https://holderbook.com/stocks/SYF/) | $2.4M | 31,500 | 0.6% | 2 |
| INNOVIVA INC | [INVA](https://holderbook.com/stocks/INVA/) | $2.4M | 105,000 | 0.5% | 23 |
| VENTURE GLOBAL INC | [VG](https://holderbook.com/stocks/VG/) | $2.3M | 210,000 | 0.5% | 1 |
| GENPACT LIMITED | [G](https://holderbook.com/stocks/G/) | $2.3M | 84,000 | 0.5% | 1 |
| INGRAM MICRO HLDG CORP | [INGM](https://holderbook.com/stocks/INGM/) | $2.3M | 84,000 | 0.5% | 3 |
| VALARIS LTD | [VAL](https://holderbook.com/stocks/VAL/) | $2.3M | 31,500 | 0.5% | 1 |
| EXELIXIS INC | [EXEL](https://holderbook.com/stocks/EXEL/) | $2.3M | 42,000 | 0.5% | 28 |
| RESTAURANT BRANDS INTL INC | [QSR](https://holderbook.com/stocks/QSR/) | $2.3M | 31,500 | 0.5% | 2 |
| CF INDUSTRIES HOLD | [CF](https://holderbook.com/stocks/CF/) | $2.3M | 21,000 | 0.5% | 1 |
| ACADIAN ASSET MANAGEMENT INC | [AAMI](https://holderbook.com/stocks/AAMI/) | $2.3M | 31,500 | 0.5% | 2 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $2.2M | 52,500 | 0.5% | 3 |
| ILLUMINA INC | [ILMN](https://holderbook.com/stocks/ILMN/) | $2.2M | 12,600 | 0.5% | 1 |
| ALKERMES PLC | [ALKS](https://holderbook.com/stocks/ALKS/) | $2.2M | 42,000 | 0.5% | 1 |
| DLOCAL LTD | [DLO](https://holderbook.com/stocks/DLO/) | $2.2M | 168,000 | 0.5% | 3 |
| EPAM SYS INC | [EPAM](https://holderbook.com/stocks/EPAM/) | $2.2M | 27,300 | 0.5% | 2 |
| SOUTHWEST AIRLS CO | [LUV](https://holderbook.com/stocks/LUV/) | $2.2M | 42,000 | 0.5% | 1 |
| VALLEY NATL BANCORP | [VLY](https://holderbook.com/stocks/VLY/) | $2.2M | 147,000 | 0.5% | 2 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $2.2M | 10,500 | 0.5% | 2 |
| ARDELYX INC | [ARDX](https://holderbook.com/stocks/ARDX/) | $2.1M | 420,000 | 0.5% | 1 |
| HAMILTON INSURANCE GROUP LTD | [HG](https://holderbook.com/stocks/HG/) | $2.1M | 63,000 | 0.5% | 2 |
| SEPTERNA INC | [SEPN](https://holderbook.com/stocks/SEPN/) | $2.1M | 63,000 | 0.5% | 2 |
| BIOCRYST PHARMACEUTICALS INC | [BCRX](https://holderbook.com/stocks/BCRX/) | $2.1M | 210,000 | 0.5% | 1 |
| FLUENCE ENERGY INC | [FLNC](https://holderbook.com/stocks/FLNC/) | $2.1M | 105,000 | 0.5% | 2 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +13.2% | +14.8% | -1.6% | 100% |
| Q1 2026 | -2.6% | -4.6% | +2.1% | 100% |
| Q4 2025 | +1.8% | +2.4% | -0.5% | 100% |
| Q3 2025 | +15.4% | +7.8% | +7.6% | 100% |
| Q2 2025 | +9.4% | +10.5% | -1.0% | 99% |
| Q1 2025 | -0.7% | -4.6% | +3.9% | 100% |
| Q4 2024 | +2.5% | +2.1% | +0.3% | 100% |
| Q3 2024 | +7.0% | +5.4% | +1.6% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $434.0M | 231 |
| Q1 2026 | $462.5M | 268 |
| Q4 2025 | $413.7M | 252 |
| Q3 2025 | $461.8M | 270 |
| Q2 2025 | $437.6M | 210 |
| Q1 2025 | $412.6M | 232 |
| Q4 2024 | $338.5M | 234 |
| Q3 2024 | $407.1M | 216 |
| Q2 2024 | $363.0M | 232 |
| Q1 2024 | $430.0M | 216 |
| Q4 2023 | $439.9M | 222 |
| Q3 2023 | $523.9M | 296 |