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Hedges Asset Management LLC

Diversified strategySector-focusedMomentum follower

Total reported value

$141.8M

Reporting period: 2025-12-31 · Number of holdings: 108

Hedges Asset Management LLC disclosed 108 holdings in its latest 13F filing for the period ending 2025-12-31, with total reported value of $141.8M and a quarterly turnover rate of 23.3%.

Personality snowflake

Concentration
9.06
Portfolio Stability
23.28
Momentum/Contrarian
100
Sector conviction
100
Diversification
100
Sizing Uniformity
87.92

Recent moves

  • Trim GBCI

    +1.7%　-$1.1M

  • Trim WBD

    -86.9%　-$1.2M

  • Add HON

    +177.5%　$1.1M

  • Trim PENN

    +3.4%　-$705.9K

  • Trim GE

    -5.4%　-$219.6K

  • Add LUV

    -0.8%　$826.4K

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1GBCIGlacier Bancorp INCStock-Financials9.17%-1.65%+1.72%
2GEGeneral ElectricStock-Industrials4.71%-0.58%-5.45%
3BABoeing Co/theStock-Industrials3.92%-0.16%+3.85%
4SHELShell Plc-adrStock-Energy2.91%——
5LUVSouthwest Airlines CoStock-Industrials2.63%+0.41%-0.77%
6GLPIGaming And Leisure PropertieStock-Real Estate2.47%——
7GDXVaneck Gold Miners ETFETF-Commodities2.41%+0.07%—
8BCSBarclays Plc-spons AdrStock-Financials2.16%+2.16%NEW
9PENNPenn Entertainment INCStock-Consumer Disc1.89%-0.71%+3.41%
10BPBp Plc-spons AdrStock-Energy1.84%—+0.28%
11SHProshares Short S&p500ETF-Other1.75%+1.75%NEW
12PAASPan American Silver CORPStock-Materials1.63%+0.21%-7.05%
13BBarrick Mining CORPStock-Materials1.62%+0.09%-13.44%
14WYNNWynn Resorts LTDStock-Consumer Disc1.61%-0.30%-2.06%
15NGDNNew Gold INCStock-Other1.58%+0.11%-3.74%
16VZVerizon Communications INCStock-Comm Services1.58%—+0.55%
17PHYSSprott Physical Gold TrustStock-Other1.51%+0.04%—
18ARCOArcos Dorados Holdings Inc.Stock-Other1.49%—-3.74%
19IMAXImax CORPStock-Other1.47%+1.47%NEW
20PSQProshares Short QqqETF-Other1.45%-0.26%-5.01%
21LINDLindblad Expeditions HoldingStock-Other1.42%+0.03%-0.99%
22INTCIntel CORPStock-Tech1.36%+0.01%-0.38%
23DOWDow INCStock-Materials1.36%—+1.61%
24NEMNewmont CORPStock-Materials1.33%+0.11%-0.53%
25PPLTAbrdn Physical Platinum ShrsETF-Commodities1.24%+0.19%-1.56%
26VGKVanguard Ftse Europe ETFETF-Other1.24%——
27HONHoneywell International INCStock-Industrials1.23%+0.71%+177.52%
28ELANElanco Animal Health INCStock-Healthcare1.21%+0.03%-0.65%
29LYFTLyft Inc-aStock-Tech1.20%-0.41%-8.27%
30CVXChevron CORPStock-Energy1.19%——
31FDXFedex CORPStock-Industrials1.17%+0.13%—
32ULUnilever Plc-sponsored AdrStock-Consumer Staples1.07%+1.07%NEW
33WFCWells Fargo & CoStock-Financials1.05%—-8.57%
34BKDBrookdale Senior Living INCStock-Other1.04%+0.12%-3.52%
35MRKMerck & Co. INC.Stock-Healthcare1.03%+0.14%—
36FMCFmc CORPStock-Materials0.98%—+142.37%
37IBMIntl Business Machines CORPStock-Tech0.96%—-4.17%
38LLoews CORPStock-Financials0.94%——
39SLBSlb LTDStock-Energy0.94%—-0.86%
40WYWeyerhaeuser CoStock-Real Estate0.93%+0.23%+50.00%
41FFord Motor CoStock-Consumer Disc0.87%——
42TSNTyson Foods Inc-cl AStock-Consumer Staples0.86%——
43CRSPCRISPR Therapeutics AGStock-Healthcare0.84%-0.28%+1.22%
44CNHCNH Industrial N.V.Stock-Industrials0.79%—+10.50%
45KHCKraft Heinz Co/theStock-Consumer Staples0.78%-0.28%-13.27%
46WMBWilliams Cos INCStock-Energy0.78%——
47IFFIntl Flavors & FragrancesStock-Materials0.76%—-10.67%
48SHAKShake Shack INC - Class AStock-Consumer Disc0.75%—+0.19%
49VTRSViatris INCStock-Healthcare0.74%+0.11%+1.20%
50TGTTarget CORPStock-Consumer Disc0.73%+0.73%NEW
1–50 of 108

Holding changes this quarter

Hedges Asset Management LLC's most significant position changes for 2025-12-31: New buy: Barclays Plc-spons Adr (BCS); New buy: Proshares Short S&p500 (SH); New buy: Imax CORP (IMAX); Sold out: Unilever PLC (UL); New buy: Unilever Plc-sponsored Adr (UL).

Position changes disclosed by Hedges Asset Management LLC for the quarter ending 2025-12-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1HONHoneywell International INC+0.7%+177.52%Add
2LUVSouthwest Airlines Co+0.4%-0.77%Trim
3WYWeyerhaeuser Co+0.2%+50.00%Add
4PAASPan American Silver CORP+0.2%-7.05%Trim
5PPLTAbrdn Physical Platinum Shrs+0.2%-1.56%Trim
6SQMQuimica Y Minera Chil-sp Adr+0.2%—Unchanged
7FIGSFigs Inc-class A+0.2%-1.55%Trim
8SLVIshares Silver Trust+0.2%—Unchanged
9MRKMerck & Co. INC.+0.1%—Unchanged
10MSOSAdvisorshares Pure US Cann+0.1%+64.10%Add
11FDXFedex CORP+0.1%—Unchanged
12BKDBrookdale Senior Living INC+0.1%-3.52%Trim
13NGDNNew Gold INC+0.1%-3.74%Trim
14NEMNewmont CORP+0.1%-0.53%Trim
15VTRSViatris INC+0.1%+1.20%Add
16BBarrick Mining CORP+0.1%-13.44%Trim
17GDXVaneck Gold Miners ETF+0.1%—Unchanged
18PHYSSprott Physical Gold Trust0%—Unchanged
19LINDLindblad Expeditions Holding0%-0.99%Trim
20ELANElanco Animal Health INC0%-0.65%Trim
21INTCIntel CORP0%-0.38%Trim
22BABoeing Co/the-0.2%+3.85%Add
23PSLVSprott Physical Silver Trust-0.2%-61.90%Trim
24PSQProshares Short Qqq-0.3%-5.01%Trim
25KHCKraft Heinz Co/the-0.3%-13.27%Trim
26CRSPCRISPR Therapeutics AG-0.3%+1.22%Add
27WYNNWynn Resorts LTD-0.3%-2.06%Trim
28NVSTEnvista Holdings CORP-0.3%-49.02%Trim
29UBERUber Technologies INC-0.4%-19.75%Trim
30NTNXNutanix INC - A-0.4%—Unchanged
31LYFTLyft Inc-a-0.4%-8.27%Trim
32GEGeneral Electric-0.6%-5.45%Trim
33PENNPenn Entertainment INC-0.7%+3.41%Add
34WBDWarner Bros Discovery INC-0.9%-86.89%Trim
35GBCIGlacier Bancorp INC-1.7%+1.72%Add
36BCSBarclays Plc-spons Adr—NEWNew buy
37SHProshares Short S&p500—NEWNew buy
38IMAXImax CORP—NEWNew buy
39ULUnilever PLC—EXITSold out
40ULUnilever Plc-sponsored Adr—NEWNew buy
41TGTTarget CORP—NEWNew buy
426D8Dupont De Nemours INC—EXITSold out
43QQnity Electronics INC—NEWNew buy
44EWEdwards Lifesciences CORP—NEWNew buy
45CRWVCoreweave Inc-cl A—EXITSold out
46GEVGE Vernova INC—EXITSold out
47AAAlcoa CORP—NEWNew buy
48MBLYMobileye Global Inc-a—NEWNew buy
49ALBAlbemarle CORP—NEWNew buy
50BABAAlibaba Group Holding-sp Adr—EXITSold out

FAQ

What is Hedges Asset Management LLC and what type of investor is it?
Hedges Asset Management LLC is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2025-12-31), the firm manages a tracked equity portfolio valued at approximately $141.8M, spread across 108 disclosed positions.
What are Hedges Asset Management LLC's largest equity positions?
Based on the latest 13F filing, Hedges Asset Management LLC's top holdings by market value are: 1. Glacier Bancorp INC (GBCI) — $13.0M (9.2%) 2. General Electric (GE) — $6.7M (4.7%) 3. Boeing Co/the (BA) — $5.6M (3.9%) 4. Shell Plc-adr (SHEL) — $4.1M (2.9%) 5. Southwest Airlines Co (LUV) — $3.7M (2.6%)
What changes did Hedges Asset Management LLC make in its most recent portfolio filing?
In the latest reported quarter, Hedges Asset Management LLC made 43 notable position adjustments: 10 new positions were initiated, 8 existing holdings were added to, 20 positions were partially reduced, and 5 were completely exited. The largest of these moves: New buy: Barclays Plc-spons Adr (BCS); New buy: Proshares Short S&p500 (SH); New buy: Imax CORP (IMAX); Sold out: Unilever PLC (UL); New buy: Unilever Plc-sponsored Adr (UL)
What sectors does Hedges Asset Management LLC focus on?
Hedges Asset Management LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Industrials: 55.7% • Information Technology: 8.7% • Financials: 8.6% • Communication Services: 7.9% • Health Care: 6.2% • Energy: 5.3%