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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 5 of 6  ·  108 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
81 MDT MEDTRONIC PLC Healthcare 3,900.0 $375K 0.26% $96.06 -20.7%
82 INSP INSPIRE MED SYS INC Healthcare 3,900.0 $360K 0.25% +400.0 +11.4% $92.23 -56.6%
83 DFE WISDOMTREE TR 5,000.0 $359K 0.25% $71.84 +5.4%
84 ROG ROGERS CORP Technology 3,800.0 $348K 0.24% $91.57 +52.6%
85 KMI KINDER MORGAN INC DEL Energy 12,500.0 $344K 0.24% $27.49 +22.3%
86 VEU VANGUARD INTL EQUITY INDEX F 4,600.0 $338K 0.24% $73.56 +10.7%
87 EW EDWARDS LIFESCIENCES CORP Healthcare 3,900.0 $332K 0.23% NEW $85.25 -4.5%
88 WAB WABTEC Industrials 1,550.0 $331K 0.23% -100.0 -6.1% $213.45 +23.6%
89 SGOL ETFS GOLD TR Financial Services 8,000.0 $329K 0.23% $41.08 +5.6%
90 COP CONOCOPHILLIPS Energy 3,400.0 $318K 0.22% +1K +41.7% $93.61 +30.8%
91 MCD MCDONALDS CORP Consumer Cyclical 1,000.0 $306K 0.22% $305.63 -9.6%
92 LITHIUM AMERS CORP NEW 70,000.0 $305K 0.21% +20K +40.0% $4.36
93 GVA GRANITE CONSTR INC Industrials 2,500.0 $288K 0.20% $115.35 +20.1%
94 WBD WARNER BROS DISCOVERY INC Communication Services 10,000.0 $288K 0.20% -66K -86.9% $28.82 -6.4%
95 RSP INVESCO EXCHANGE TRADED FD T 1,500.0 $287K 0.20% $191.56 +5.9%
96 PSLV SPROTT ASSET MANAGEMENT LP Financial Services 12,000.0 $284K 0.20% -20K -61.9% $23.65 +5.7%
97 GEHC GE HEALTHCARE TECHNOLOGIES I Healthcare 3,400.0 $279K 0.20% -300.0 -8.1% $82.02 -25.9%
98 AA ALCOA CORP Basic Materials 5,000.0 $266K 0.19% NEW $53.14 +17.8%
99 EEM ISHARES TR 4,700.0 $257K 0.18% $54.71 +18.8%
100 DAL DELTA AIR LINES INC DEL Industrials 3,700.0 $257K 0.18% $69.40 +1.2%
Page 5 of 6  ·  108 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%