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Portfolio (Quarterly) Guide ↗

Hedges Asset Management LLC

· CIK 0001906202
13F Portfolio $142M AUM 108 positions Filed Jan 27, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 11 New 20 Added 33 Reduced 5 Exited
Page 1 of 2  ·  33 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 GE GE AEROSPACE Industrials 21,700.0 $6.7M 4.71% -1K -5.5% $308.03 -7.5%
2 LUV SOUTHWEST AIRLS CO Industrials 90,100.0 $3.7M 2.63% -700.0 -0.8% $41.33 -6.3%
3 PAAS PAN AMERN SILVER CORP Basic Materials 44,572.0 $2.3M 1.63% -3K -7.0% $51.81 +6.8%
4 B BARRICK MNG CORP Basic Materials 52,800.0 $2.3M 1.62% -8K -13.4% $43.55 -6.9%
5 WYNN WYNN RESORTS LTD Consumer Cyclical 19,015.0 $2.3M 1.61% -400.0 -2.1% $120.33 -20.6%
6 NEW GOLD INC CDA 257,500.0 $2.2M 1.58% -10K -3.7% $8.71
7 ARCO ARCOS DORADOS HOLDINGS INC Consumer Cyclical 287,900.0 $2.1M 1.49% -11K -3.7% $7.34 +12.1%
8 PSQ PROSHARES TR 68,300.0 $2.1M 1.46% -4K -5.0% $30.20 -12.2%
9 LIND LINDBLAD EXPEDITIONS HLDGS I Consumer Cyclical 139,900.0 $2.0M 1.42% -1K -1.0% $14.42 +32.2%
10 NEM NEWMONT CORP Basic Materials 18,850.0 $1.9M 1.33% -100.0 -0.5% $99.85 +9.9%
11 PPLT ABRDN PLATINUM ETF TRUST Financial Services 9,450.0 $1.8M 1.24% -150.0 -1.6% $186.43 -90.4%
12 ELAN ELANCO ANIMAL HEALTH INC Healthcare 76,000.0 $1.7M 1.21% -500.0 -0.7% $22.63 -11.8%
13 LYFT LYFT INC Technology 87,600.0 $1.7M 1.20% -8K -8.3% $19.37 -30.1%
14 WFC WELLS FARGO CO NEW Financial Services 16,000.0 $1.5M 1.05% -2K -8.6% $93.20 -20.3%
15 BKD BROOKDALE SR LIVING INC Healthcare 137,000.0 $1.5M 1.04% -5K -3.5% $10.79 +23.3%
16 IBM INTERNATIONAL BUSINESS MACHS Technology 4,600.0 $1.4M 0.96% -200.0 -4.2% $296.21 -25.2%
17 SLB SLB LIMITED Energy 34,700.0 $1.3M 0.94% -300.0 -0.9% $38.38 +48.5%
18 KHC KRAFT HEINZ CO Consumer Defensive 45,900.0 $1.1M 0.79% -7K -13.3% $24.25 -5.8%
19 IFF INTERNATIONAL FLAVORS&FRAGRA Basic Materials 15,900.0 $1.1M 0.76% -2K -10.7% $67.39 +10.0%
20 UPS UNITED PARCEL SERVICE INC Industrials 10,000.0 $992K 0.70% -200.0 -2.0% $99.19 -4.4%
Page 1 of 2  ·  33 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 21.3%
Industrials 17.9%
Consumer Cyclical 12.8%
Basic Materials 11.3%
Energy 10.2%
Healthcare 7.9%
Technology 6.3%
Communication Services 5.2%
Real Estate 3.9%
Consumer Defensive 3.1%