HUSSMAN STRATEGIC ADVISORS, INC.

CIK

1179475

Location

ELLICOTT CITY, MD

Portfolio Value

Small $462,157,917

Diversification

Diversified

Filing Date

Global Rank

#2,718 / 8,603 ▲ 235 · as of Mar 2026

Top Industry

Biotechnology 9.6%

3Y Alpha vs SPY

+0.7%

Period ended 3 months ago

Filed May 11, 2026 · 59d

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+79.1%

SPY

+76.0%

Annualised alpha

+0.7%

Max drawdown

−16.6%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

268 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

1.1%

−0.0 pts

Top 5

5.0%

−0.4 pts

Top 10

9.3%

−0.7 pts

HHI

Diversified−3

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Healthcare	22.4%	$103,465,315	53
Technology	18.4%	$84,894,474	39
Consumer Cyclical	17.2%	$79,452,712	37
Consumer Defensive	10.7%	$49,539,625	26
Financial Services	8.1%	$37,478,794	23
Industrials	7.1%	$32,613,095	17
Energy	5.7%	$26,199,367	17
Utilities	3.6%	$16,483,942	27
Communication Services	2.7%	$12,612,642	7
Basic Materials	2.5%	$11,735,912	14
Real Estate	1.2%	$5,521,614	5
Unclassified	0.5%	$2,160,425	3

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
SHLS	Shoals Technologies Group, Inc.	+168,000	420,000	$2,763,600
UPWK	Upwork, Inc	+168,000	210,000	$2,301,600
SBH	Sally Beauty Holdings, Inc.	+126,000	210,000	$2,908,500
LYFT	Lyft, Inc.	+115,500	210,000	$2,793,000
CPB	CAMPBELL'S Co	+105,000	210,000	$4,676,700
AES	Aes Corp	+105,000	106,000	$1,493,540
CORT	Corcept Therapeutics Inc	+94,500	126,000	$5,079,060
PGNY	Progyny, Inc.	+84,000	210,000	$3,565,800
CNXC	Concentrix Corp	+63,000	147,000	$4,021,920
HCSG	Healthcare Services Group Inc	+63,000	168,000	$3,116,400
INGM	Ingram Micro Holding Corp	+63,000	105,000	$2,447,550
CSIQ	Canadian Solar Inc.	+42,000	168,000	$2,326,800
INVA	Innoviva, Inc.	+42,000	147,000	$3,425,100
GAP	Gap Inc	+42,000	105,000	$2,541,000
PAX	Patria Investments Ltd	+42,000	84,000	$1,058,400
PSIX	Power Solutions International, Inc.	+31,500	63,000	$3,835,440
QLYS	Qualys, Inc.	+25,200	42,000	$3,689,700
XP	XP Inc.	+21,000	105,000	$1,999,200
IMCR	Immunocore Holdings plc	+21,000	63,000	$1,899,450
ACAD	Acadia Pharmaceuticals Inc	+21,000	168,000	$3,739,680
DG	Dollar General Corp	+21,000	31,500	$3,739,995
HRMY	Harmony Biosciences Holdings, Inc.	+21,000	84,000	$2,352,840
ADM	Archer-Daniels-Midland Co	+21,000	42,000	$3,052,980
AAP	Advance Auto Parts Inc	+21,000	42,000	$2,215,500
ANIP	Ani Pharmaceuticals Inc	+21,000	52,500	$4,037,250
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
BTG	B2gold Corp	−100,000	200,000	$906,000
PHAT	Phathom Pharmaceuticals, Inc.	−63,000	84,000	$933,240
AMPX	Amprius Technologies, Inc.	−63,000	147,000	$2,478,420
HL	Hecla Mining Co/De/	−54,900	6,100	$113,643
AGI	Alamos Gold Inc	−48,800	12,200	$542,046
RPRX	Royalty Pharma plc	−42,000	21,000	$1,007,370
EXEL	Exelixis, Inc.	−42,000	42,000	$1,801,380
VITL	Vital Farms, Inc.	−42,000	42,000	$593,040
TK	Teekay Corp Ltd	−42,000	63,000	$769,230
DXCM	Dexcom Inc	−31,500	10,500	$659,400
B	Barrick Mining Corp	−30,500	30,500	$1,244,095
SSRM	Ssr Mining Inc.	−30,500	30,500	$896,700
AUPH	Aurinia Pharmaceuticals Inc.	−21,000	84,000	$1,244,880
SLB	Slb Limited/Nv	−21,000	42,000	$2,158,380
MTCH	Match Group, Inc.	−21,000	63,000	$1,934,730
KO	Coca Cola Co	−21,000	21,000	$1,597,050
VZ	Verizon Communications Inc	−21,000	52,500	$2,635,500
CPRX	Catalyst Pharmaceuticals, Inc.	−21,000	84,000	$2,079,840
CL	Colgate Palmolive Co	−21,000	21,000	$1,789,830
GCT	GigaCloud Technology Inc	−21,000	31,500	$1,429,470
UNFI	United Natural Foods Inc	−21,000	105,000	$4,731,300
TR	Tootsie Roll Industries Inc	−19,110	64,890	$2,772,100
NEM	NEWMONT Corp /DE/	−18,300	12,200	$1,320,650
KGC	Kinross Gold Corp	−18,300	12,200	$372,344
AUGO	Aura Minerals Inc.	−17,200	8,300	$677,280
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
ULTA	Ulta Beauty, Inc.	7,350	$3,841,918
AEO	American Eagle Outfitters Inc	210,000	$3,507,000
COLL	Collegium Pharmaceutical, Inc	105,000	$3,472,350
QGEN	Qiagen N.V.	84,000	$3,363,360
AMRC	Ameresco, Inc.	126,000	$3,213,000
QSR	Restaurant Brands International Inc.	42,000	$3,103,800
FSLY	Fastly, Inc.	105,000	$3,051,300
BIPH	Brookfield Infrastructure Partners L.P.	84,000	$3,034,080
MEDP	Medpace Holdings, Inc.	6,300	$3,025,197
PRLB	Proto Labs Inc	52,500	$2,993,550
FLNC	Fluence Energy, Inc.	210,000	$2,889,600
VC	Visteon Corp	31,500	$2,869,965
SHOO	Steven Madden, Ltd.	84,000	$2,849,280
EPAM	EPAM Systems, Inc.	21,000	$2,843,400
KSS	KOHLS Corp	210,000	$2,709,000
MMS	Maximus, Inc.	42,000	$2,692,200
SIG	Signet Jewelers Ltd	31,500	$2,666,160
MDB	MongoDB, Inc.	10,500	$2,570,085
ADBE	Adobe Inc.	10,500	$2,552,340
WTRG	Essential Utilities, Inc.	63,000	$2,537,010
SEPN	Septerna, Inc.	105,000	$2,523,150
FLYW	Flywire Corp	210,000	$2,444,400
SVV	Savers Value Village, Inc.	315,000	$2,343,600
PATH	UiPath, Inc.	210,000	$2,331,000
YETI	YETI Holdings, Inc.	63,000	$2,305,170
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
QCOM	Qualcomm Inc/De	27,300	$4,669,665
CHTR	Charter Communications, Inc. /Mo/	18,900	$3,945,375
G	Genpact LTD	84,000	$3,929,520
PCRX	Pacira BioSciences, Inc.	126,000	$3,260,880
ALKS	Alkermes plc.	105,000	$2,937,900
ABNB	Airbnb, Inc.	21,000	$2,850,120
UBER	Uber Technologies, Inc	31,500	$2,573,865
ALNY	Alnylam Pharmaceuticals, Inc.	6,300	$2,505,195
TEM	Tempus AI, Inc.	42,000	$2,480,100
TASK	TaskUs, Inc.	210,000	$2,475,900
CRMD	CorMedix Inc.	210,000	$2,442,300
OZK	Bank OZK	52,500	$2,416,050
EEFT	Euronet Worldwide, Inc.	31,500	$2,397,465
ARRY	Array Technologies, Inc.	252,000	$2,323,440
GHC	Graham Holdings Co	2,100	$2,307,060
RIGL	Rigel Pharmaceuticals Inc	52,500	$2,248,575
SSNC	SS&C Technologies Holdings Inc	25,200	$2,202,984
VIRT	Virtu Financial, Inc.	63,000	$2,099,160
CHWY	Chewy, Inc.	63,000	$2,082,150
MDT	Medtronic plc	21,000	$2,017,260
PAY	Paymentus Holdings, Inc.	63,000	$1,990,170
BCRX	Biocryst Pharmaceuticals Inc	252,000	$1,965,600
JOBY	Joby Aviation, Inc.	147,000	$1,940,400
PTCT	Ptc Therapeutics, Inc.	25,200	$1,914,192
BMRN	Biomarin Pharmaceutical Inc	31,500	$1,872,045
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

268 positions · $462,157,917 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 268 positions by value · page 1 of 6

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
CORT	Corcept Therapeutics Inc Healthcare	Added	126,000	+94,500	$5,079,060	+363.3%	1.10%
UNFI	United Natural Foods Inc Consumer Defensive	Reduced	105,000	-21,000	$4,731,300	+11.5%	1.02%
CPB	CAMPBELL'S Co Consumer Defensive	Added	210,000	+105,000	$4,676,700	+59.8%	1.01%
APA	APA Corp Energy	Held	105,000	0	$4,456,200	+73.5%	0.96%
ETSY	Etsy Inc Consumer Cyclical	Held	84,000	0	$4,198,320	−9.8%	0.91%
ANIP	Ani Pharmaceuticals Inc Healthcare	Added	52,500	+21,000	$4,037,250	+62.4%	0.87%
CNXC	Concentrix Corp Technology	Added	147,000	+63,000	$4,021,920	+15.2%	0.87%
SEZL	Sezzle Inc. Financial Services	Added	63,000	+10,500	$3,987,270	+19.7%	0.86%
ULTA	Ulta Beauty, Inc. Consumer Cyclical	NEW	7,350	NEW	$3,841,918	NEW	0.83%
PSIX	Power Solutions International, Inc. Industrials	Added	63,000	+31,500	$3,835,440	+113.1%	0.83%
DG	Dollar General Corp Consumer Defensive	Added	31,500	+21,000	$3,739,995	+168.3%	0.81%
ACAD	Acadia Pharmaceuticals Inc Healthcare	Added	168,000	+21,000	$3,739,680	−4.8%	0.81%
QLYS	Qualys, Inc. Technology	Added	42,000	+25,200	$3,689,700	+65.3%	0.80%
PGNY	Progyny, Inc. Healthcare	Added	210,000	+84,000	$3,565,800	+10.2%	0.77%
AEO	American Eagle Outfitters Inc Consumer Cyclical	NEW	210,000	NEW	$3,507,000	NEW	0.76%
COLL	Collegium Pharmaceutical, Inc Healthcare	NEW	105,000	NEW	$3,472,350	NEW	0.75%
IRTC	iRhythm Holdings, Inc. Healthcare	Added	29,400	+14,700	$3,469,788	+33.0%	0.75%
INVA	Innoviva, Inc. Healthcare	Added	147,000	+42,000	$3,425,100	+63.2%	0.74%
HALO	Halozyme Therapeutics, Inc. Healthcare	Held	52,500	0	$3,393,075	−4.0%	0.73%
VSAT	Viasat Inc Technology	Reduced	73,500	-10,500	$3,366,300	+16.3%	0.73%
QGEN	Qiagen N.V. Healthcare	NEW	84,000	NEW	$3,363,360	NEW	0.73%
TLN	Talen Energy Corp Utilities	Added	10,500	+6,300	$3,351,915	+112.9%	0.73%
UI	Ubiquiti Inc. Technology	Reduced	4,200	-4,200	$3,319,218	−28.6%	0.72%
SEDG	Solaredge Technologies, Inc. Technology	Reduced	63,000	-10,500	$3,216,150	+51.7%	0.70%
AMRC	Ameresco, Inc. Industrials	NEW	126,000	NEW	$3,213,000	NEW	0.70%
TMDX	TransMedics Group, Inc. Healthcare	Added	31,500	+16,800	$3,131,415	+75.1%	0.68%
HCSG	Healthcare Services Group Inc Healthcare	Added	168,000	+63,000	$3,116,400	+55.2%	0.67%
QSR	Restaurant Brands International Inc. Consumer Cyclical	NEW	42,000	NEW	$3,103,800	NEW	0.67%
ADM	Archer-Daniels-Midland Co Consumer Defensive	Added	42,000	+21,000	$3,052,980	+152.9%	0.66%
FSLY	Fastly, Inc. Technology	NEW	105,000	NEW	$3,051,300	NEW	0.66%
ALLE	Allegion plc Industrials	Added	21,000	+6,300	$3,051,090	+30.4%	0.66%
CRUS	Cirrus Logic, Inc. Technology	Added	21,000	+10,500	$3,037,020	+144.1%	0.66%
BIPH	Brookfield Infrastructure Partners L.P. Utilities	NEW	84,000	NEW	$3,034,080	NEW	0.66%
MEDP	Medpace Holdings, Inc. Healthcare	NEW	6,300	NEW	$3,025,197	NEW	0.65%
CVS	CVS HEALTH Corp Healthcare	Held	42,000	0	$3,016,440	−9.5%	0.65%
CHKP	Check Point Software Technologies Ltd Technology	Held	21,000	0	$2,999,850	−23.0%	0.65%
PRLB	Proto Labs Inc Industrials	NEW	52,500	NEW	$2,993,550	NEW	0.65%
INCY	Incyte Corp Healthcare	Added	31,500	+6,300	$2,964,780	+19.1%	0.64%
SBH	Sally Beauty Holdings, Inc. Consumer Cyclical	Added	210,000	+126,000	$2,908,500	+142.8%	0.63%
FLNC	Fluence Energy, Inc. Utilities	NEW	210,000	NEW	$2,889,600	NEW	0.63%
FIVE	Five Below, Inc Consumer Cyclical	Reduced	12,600	-2,100	$2,878,848	+4.0%	0.62%
VC	Visteon Corp Consumer Cyclical	NEW	31,500	NEW	$2,869,965	NEW	0.62%
SHOO	Steven Madden, Ltd. Consumer Cyclical	NEW	84,000	NEW	$2,849,280	NEW	0.62%
EPAM	EPAM Systems, Inc. Technology	NEW	21,000	NEW	$2,843,400	NEW	0.62%
LYFT	Lyft, Inc. Technology	Added	210,000	+115,500	$2,793,000	+52.6%	0.60%
TR	Tootsie Roll Industries Inc Consumer Defensive	Reduced	64,890	-19,110	$2,772,100	−7.2%	0.60%
NBIX	Neurocrine Biosciences Inc Healthcare	Held	21,000	0	$2,766,540	−7.1%	0.60%
SHLS	Shoals Technologies Group, Inc. Technology	Added	420,000	+168,000	$2,763,600	+29.0%	0.60%
STOK	Stoke Therapeutics, Inc. Healthcare	Added	84,000	+21,000	$2,735,040	+36.8%	0.59%
DLO	dLocal Ltd Technology	Held	210,000	0	$2,723,700	−8.3%	0.59%