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Portfolio (Quarterly) Guide ↗

Hedges Asset Management LLC

· CIK 0001906202
13F Portfolio $131M AUM Filed Oct 8, 2025 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 102 New
Page 4 of 6  ·  102 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 MGM MGM RESORTS INTERNATIONAL Consumer Cyclical 18,700.0 $648K 0.50% NEW $34.66 +6.7%
62 NTR NUTRIEN LTD Basic Materials 10,500.0 $616K 0.47% NEW $58.71 +21.9%
63 MMM 3M CO Industrials 3,800.0 $590K 0.45% NEW $155.18 -5.8%
64 SLV ISHARES SILVER TR Financial Services 12,500.0 $530K 0.41% NEW $42.37 +65.1%
65 SQM SOCIEDAD QUIMICA Y MINERA DE Basic Materials 11,700.0 $503K 0.39% NEW $42.98 +96.0%
66 KWEB KRANESHARES TRUST 11,800.0 $496K 0.38% NEW $42.01 -33.2%
67 PSLV SPROTT ASSET MANAGEMENT LP Financial Services 31,500.0 $495K 0.38% NEW $15.70 +59.2%
68 HMC HONDA MOTOR LTD Consumer Cyclical 15,700.0 $484K 0.37% NEW $30.80 -15.0%
69 FXI ISHARES TR 11,400.0 $469K 0.36% NEW $41.14 -12.1%
70 BROS DUTCH BROS INC Consumer Cyclical 8,600.0 $450K 0.34% NEW $52.34 +0.8%
71 WPM WHEATON PRECIOUS METALS CORP Basic Materials 4,000.0 $447K 0.34% NEW $111.84 +16.6%
72 FIGS FIGS INC Consumer Cyclical 64,500.0 $432K 0.33% NEW $6.69 +75.9%
73 IEV ISHARES TR 6,500.0 $426K 0.33% NEW $65.48 +9.2%
74 ABNB AIRBNB INC Consumer Cyclical 3,350.0 $407K 0.31% NEW $121.42 +10.6%
75 CCJ CAMECO CORP Energy 4,800.0 $403K 0.31% NEW $83.86 +25.4%
76 MSOS ADVISORSHARES TR 78,000.0 $374K 0.29% NEW $4.79 -2.7%
77 MDT MEDTRONIC PLC Healthcare 3,900.0 $371K 0.28% NEW $95.24 -20.0%
78 HP HELMERICH & PAYNE INC Energy 16,300.0 $360K 0.28% NEW $22.09 +78.8%
79 KMI KINDER MORGAN INC DEL Energy 12,500.0 $354K 0.27% NEW $28.31 +18.8%
80 DFE WISDOMTREE TR 5,000.0 $352K 0.27% NEW $70.42 +7.5%
Page 4 of 6  ·  102 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Financial Services 20.1%
Industrials 16.8%
Consumer Cyclical 13.7%
Basic Materials 11.0%
Energy 10.4%
Healthcare 7.6%
Technology 7.5%
Communication Services 5.0%
Real Estate 4.0%
Consumer Defensive 3.8%