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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 2 of 2  ·  33 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 BMY BRISTOL-MYERS SQUIBB CO Healthcare 16,775.0 $905K 0.64% -2K -9.7% $53.94 +6.6%
22 GT GOODYEAR TIRE & RUBR CO Consumer Cyclical 96,000.0 $841K 0.59% -17K -15.0% $8.76 -35.6%
23 BAC BANK AMERICA CORP Financial Services 14,900.0 $820K 0.58% -100.0 -0.7% $55.00 -8.1%
24 UBER UBER TECHNOLOGIES INC Technology 9,750.0 $797K 0.56% -2K -19.8% $81.71 -8.3%
25 FIGS FIGS INC Consumer Cyclical 63,500.0 $721K 0.51% -1K -1.6% $11.36 +2.5%
26 NTR NUTRIEN LTD Basic Materials 10,400.0 $642K 0.45% -100.0 -0.9% $61.72 +16.8%
27 NVST ENVISTA HOLDINGS CORPORATION Healthcare 20,800.0 $452K 0.32% -20K -49.0% $21.71 +7.2%
28 CCJ CAMECO CORP Energy 4,700.0 $430K 0.30% -100.0 -2.1% $91.49 +14.0%
29 WAB WABTEC Industrials 1,550.0 $331K 0.23% -100.0 -6.1% $213.45 +22.6%
30 WBD WARNER BROS DISCOVERY INC Communication Services 10,000.0 $288K 0.20% -66K -86.9% $28.82 -6.1%
31 PSLV SPROTT ASSET MANAGEMENT LP Financial Services 12,000.0 $284K 0.20% -20K -61.9% $23.65 +5.4%
32 GEHC GE HEALTHCARE TECHNOLOGIES I Healthcare 3,400.0 $279K 0.20% -300.0 -8.1% $82.02 -24.9%
33 PSKY PARAMOUNT SKYDANCE CORP Communication Services 12,113.0 $162K 0.11% -977.0 -7.5% $13.40 -26.5%
Page 2 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%