Hedges Asset Management LLC
CIK 0001906202
Annualised vol
7.837143%
Beta
0.305133
HHI
245.119044
Top-10 weight
36.350097%
VaR 95%
0.664996%
VaR 99%
1.45976%
Max drawdown
18.853581%
Matched value
57.507568%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| GBCI | ADDED | 295,712 | 295,223 | 0.17% | 15,252,825 |
| BA | ADDED | 27,600 | 25,600 | 7.81% | 5,974,572 |
| INTC | REDUCED | 33,650 | 52,400 | -35.78% | 4,698,550 |
| PENN | ADDED | 188,900 | 182,150 | 3.71% | 4,034,904 |
| SHEL | REDUCED | 48,500 | 56,100 | -13.55% | 3,760,690 |
| BP | REDUCED | 75,056 | 75,067 | -0.01% | 2,773,327 |
| BCS | REDUCED | 94,500 | 120,500 | -21.58% | 2,538,270 |
| MTN | NEW | 18,525 | - | - | 2,522,179 |
| FMC | ADDED | 185,900 | 100,100 | 85.71% | 2,137,850 |
| IMAX | REDUCED | 47,150 | 56,500 | -16.55% | 1,879,399 |
| WYNN | UNCHANGED | 19,015 | 19,015 | 0.0% | 1,846,166 |
| ELAN | REDUCED | 75,000 | 76,000 | -1.32% | 1,845,750 |
| NEM | REDUCED | 18,650 | 18,850 | -1.06% | 1,741,910 |
| VZ | REDUCED | 40,150 | 54,850 | -26.8% | 1,699,951 |
| WY | NEW | 61,750 | - | - | 1,478,295 |
| NVO | NEW | 30,400 | - | - | 1,457,376 |
| L | UNCHANGED | 12,700 | 12,700 | 0.0% | 1,437,767 |
| MRK | REDUCED | 10,450 | 13,900 | -24.82% | 1,342,825 |
| CRSP | ADDED | 24,575 | 22,775 | 7.9% | 1,340,321 |
| SLB | REDUCED | 28,700 | 34,700 | -17.29% | 1,334,263 |
| TGT | REDUCED | 10,200 | 10,550 | -3.32% | 1,332,222 |
| UL | REDUCED | 22,150 | 23,103 | -4.13% | 1,331,658 |
| VTRS | REDUCED | 81,250 | 84,500 | -3.85% | 1,290,250 |
| PPLT | ADDED | 89,500 | 9,450 | 847.09% | 1,264,635 |
| KHC | ADDED | 52,550 | 45,900 | 14.49% | 1,241,231 |
| TSN | ADDED | 20,850 | 20,750 | 0.48% | 1,193,663 |
| MKC | NEW | 22,500 | - | - | 1,134,450 |
| MDT | ADDED | 14,050 | 3,900 | 260.26% | 1,099,132 |
| HON | REDUCED | 4,475 | 8,950 | -50.0% | 1,001,953 |
| HONA | NEW | 4,475 | - | - | 989,333 |
| CVX | REDUCED | 5,950 | 11,100 | -46.4% | 986,272 |
| NTNX | REDUCED | 18,800 | 19,100 | -1.57% | 958,048 |
| BMY | REDUCED | 15,250 | 16,775 | -9.09% | 878,705 |
| MBLY | ADDED | 85,250 | 22,000 | 287.5% | 825,220 |
| SCHW | REDUCED | 8,700 | 9,400 | -7.45% | 802,749 |
| BROS | ADDED | 11,100 | 8,600 | 29.07% | 797,091 |
| SHAK | ADDED | 13,950 | 13,050 | 6.9% | 781,479 |
| MGM | REDUCED | 16,000 | 18,700 | -14.44% | 764,960 |
| ALK | NEW | 14,300 | - | - | 746,460 |
| FDX | REDUCED | 2,350 | 5,750 | -59.13% | 735,856 |
| MMM | ADDED | 4,150 | 3,800 | 9.21% | 671,927 |
| FIGS | UNCHANGED | 63,500 | 63,500 | 0.0% | 649,605 |
| NTR | REDUCED | 9,900 | 10,400 | -4.81% | 623,205 |
| LYFT | REDUCED | 39,600 | 87,600 | -54.79% | 578,556 |
| NVST | REDUCED | 18,750 | 20,800 | -9.86% | 494,063 |
| ABNB | UNCHANGED | 3,350 | 3,350 | 0.0% | 479,385 |
| HMC | ADDED | 16,800 | 15,800 | 6.33% | 455,448 |
| ROG | REDUCED | 2,625 | 3,800 | -30.92% | 429,791 |
| CCJ | REDUCED | 3,700 | 4,700 | -21.28% | 376,882 |
| HP | REDUCED | 11,200 | 16,300 | -31.29% | 366,688 |
| WPM | REDUCED | 2,900 | 4,000 | -27.5% | 325,728 |
| EW | REDUCED | 3,500 | 3,900 | -10.26% | 316,610 |
| DAL | NEW | 3,200 | - | - | 299,712 |
| COP | REDUCED | 2,700 | 3,400 | -20.59% | 280,692 |
| MCD | UNCHANGED | 1,000 | 1,000 | 0.0% | 270,310 |
| DOCU | NEW | 5,500 | - | - | 244,310 |
| PFE | NEW | 10,100 | - | - | 243,208 |
| CRWV | NEW | 2,400 | - | - | 238,896 |
| CTVA | REDUCED | 2,800 | 3,500 | -20.0% | 237,132 |
| STLA | NEW | 15,000 | - | - | 86,100 |
| ARCO | CLOSED OUT | 0 | 287,900 | -100.0% | 0 |
| SGMOQ | CLOSED OUT | 0 | 125,000 | -100.0% | 0 |
| DOW | CLOSED OUT | 0 | 82,200 | -100.0% | 0 |
| PSKY | CLOSED OUT | 0 | 12,113 | -100.0% | 0 |
| WBD | CLOSED OUT | 0 | 10,000 | -100.0% | 0 |
| UPS | CLOSED OUT | 0 | 10,000 | -100.0% | 0 |
| UBER | CLOSED OUT | 0 | 9,750 | -100.0% | 0 |
| Q | CLOSED OUT | 0 | 5,050 | -100.0% | 0 |
| AA | CLOSED OUT | 0 | 5,000 | -100.0% | 0 |
| ALB | CLOSED OUT | 0 | 1,500 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| GBCI | ADDED | GLACIER BANCORP INC NEW | COM | 37637Q105 | 15,252,825 | 10.01 | 295712.0 |
| - | GE AEROSPACE | COM NEW | 369604301 | 7,278,392 | 4.78 | 19475.0 | |
| BA | ADDED | BOEING CO | COM | 097023105 | 5,974,572 | 3.92 | 27600.0 |
| INTC | REDUCED | INTEL CORP | COM | 458140100 | 4,698,550 | 3.08 | 33650.0 |
| - | SOUTHWEST AIRLS CO | COM | 844741108 | 4,288,428 | 2.81 | 83400.0 | |
| PENN | ADDED | PENN ENTERTAINMENT INC | COM | 707569109 | 4,034,904 | 2.65 | 188900.0 |
| - | PROSHARES TR | SHORT QQQ | 74349Y837 | 3,814,132 | 2.5 | 152200.0 | |
| SHEL | REDUCED | SHELL PLC | SPON ADS | 780259305 | 3,760,690 | 2.47 | 48500.0 |
| - | GAMING & LEISURE P | COM | 36467J108 | 3,484,918 | 2.29 | 78260.0 | |
| - | ARCOS DORADOS HLDGS INC | SHS CLASS -A - | G0457F107 | 2,819,388 | 1.85 | 349800.0 | |
| BP | REDUCED | BP PLC | SPONSORED ADR | 055622104 | 2,773,327 | 1.82 | 75056.0 |
| - | VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 | 2,757,698 | 1.81 | 36550.0 | |
| - | CNH INDL N V | SHS | N20944109 | 2,672,740 | 1.75 | 238000.0 | |
| BCS | REDUCED | BARCLAYS PLC | ADR | 06738E204 | 2,538,270 | 1.67 | 94500.0 |
| MTN | NEW | VAIL RESORTS INC | COM | 91879Q109 | 2,522,179 | 1.65 | 18525.0 |
| - | LINDBLAD EXPEDITIONS HLDGS I | COM | 535219109 | 2,253,552 | 1.48 | 79800.0 | |
| FMC | ADDED | FMC CORP | COM NEW | 302491303 | 2,137,850 | 1.4 | 185900.0 |
| - | DOW HLDGS INC | COM | 260557103 | 2,134,080 | 1.4 | 78000.0 | |
| - | PROSHARES TR | SHOR S&P 500 NEW | 74349Y753 | 2,119,884 | 1.39 | 64200.0 | |
| - | BARRICK MNG CORP | COM SHS | 06849F108 | 2,003,622 | 1.31 | 54550.0 | |
| - | PAN AMERN SILVER CORP | COM | 697900108 | 1,928,881 | 1.27 | 43065.0 | |
| IMAX | REDUCED | IMAX CORP | COM | 45245E109 | 1,879,399 | 1.23 | 47150.0 |
| - | VANGUARD INTL EQUITY INDEX F | FTSE EUROPE ETF | 922042874 | 1,859,340 | 1.22 | 21000.0 | |
| WYNN | UNCHANGED | WYNN RESORTS LTD | COM | 983134107 | 1,846,166 | 1.21 | 19015.0 |
| ELAN | REDUCED | ELANCO ANIMAL HEALTH INC | COM | 28414H103 | 1,845,750 | 1.21 | 75000.0 |
| - | COEUR MNG INC | COM NEW | 192108504 | 1,841,157 | 1.21 | 112816.0 | |
| - | SPROTT ASSET MANAGEMENT LP | PHYSICAL GOLD TR | 85207H104 | 1,840,370 | 1.21 | 61000.0 | |
| - | UNITED PARCEL SVCS INC | CL B | 911312106 | 1,773,750 | 1.16 | 16500.0 | |
| NEM | REDUCED | NEWMONT CORP | COM | 651639106 | 1,741,910 | 1.14 | 18650.0 |
| VZ | REDUCED | VERIZON COMMUNICATIONS INC | COM | 92343V104 | 1,699,951 | 1.12 | 40150.0 |
| WY | NEW | WEYERHAEUSER CO | COM NEW | 962166104 | 1,478,295 | 0.97 | 61750.0 |
| NVO | NEW | NOVO-NORDISK A S | ADR | 670100205 | 1,457,376 | 0.96 | 30400.0 |
| L | UNCHANGED | LOEWS CORP | COM | 540424108 | 1,437,767 | 0.94 | 12700.0 |
| MRK | REDUCED | MERCK & CO INC | COM | 58933Y105 | 1,342,825 | 0.88 | 10450.0 |
| CRSP | ADDED | CRISPR THERAPEUTICS AG | NAMEN AKT | H17182108 | 1,340,321 | 0.88 | 24575.0 |
| SLB | REDUCED | SLB LIMITED | COM STK | 806857108 | 1,334,263 | 0.88 | 28700.0 |
| TGT | REDUCED | TARGET CORP | COM | 87612E106 | 1,332,222 | 0.87 | 10200.0 |
| UL | REDUCED | UNILEVER PLC | SPON ADR NEW | 904767803 | 1,331,658 | 0.87 | 22150.0 |
| - | GOODYEAR TIRE & RUBR CO | COM | 382550101 | 1,306,800 | 0.86 | 198000.0 | |
| VTRS | REDUCED | VIATRIS INC | COM | 92556V106 | 1,290,250 | 0.85 | 81250.0 |
| - | WELLS FARGO & CO | COM | 949746101 | 1,280,920 | 0.84 | 15500.0 | |
| PPLT | ADDED | ABRDN PLATINUM ETF TRUST | PHYSCL PLATM SHS | 003260106 | 1,264,635 | 0.83 | 89500.0 |
| KHC | ADDED | KRAFT HEINZ CO | COM | 500754106 | 1,241,231 | 0.81 | 52550.0 |
| - | INTERNATIONAL BUSINESS MACHS | COM | 459200101 | 1,209,203 | 0.79 | 4300.0 | |
| - | FORD MTR CO | COM | 345370860 | 1,200,960 | 0.79 | 86400.0 | |
| TSN | ADDED | TYSON FOODS INC | CL A | 902494103 | 1,193,663 | 0.78 | 20850.0 |
| - | INTERNATIONAL FLAVORS&FRAGRA | COM | 459506101 | 1,134,827 | 0.74 | 14325.0 | |
| MKC | NEW | MCCORMICK & CO INC | COM NON VTG | 579780206 | 1,134,450 | 0.74 | 22500.0 |
| - | WILLIAMS COS INC | COM | 969457100 | 1,107,666 | 0.73 | 14900.0 | |
| MDT | ADDED | MEDTRONIC PLC | SHS | G5960L103 | 1,099,132 | 0.72 | 14050.0 |
| HON | REDUCED | HONEYWELL INTL INC | COM | 438516205 | 1,001,953 | 0.66 | 4475.0 |
| HONA | NEW | HONEYWELL AEROSPACE INC | COM | 43849R105 | 989,333 | 0.65 | 4475.0 |
| CVX | REDUCED | CHEVRON CORPORATION | COM | 166764100 | 986,272 | 0.65 | 5950.0 |
| NTNX | REDUCED | NUTANIX INC | CL A | 67059N108 | 958,048 | 0.63 | 18800.0 |
| - | DISNEY WALT CO | COM | 254687106 | 885,500 | 0.58 | 9200.0 | |
| BMY | REDUCED | BRISTOL-MYERS SQUIBB CO | COM | 110122108 | 878,705 | 0.58 | 15250.0 |
| - | CINEMARK HLDGS INC | COM | 17243V102 | 863,056 | 0.57 | 27200.0 | |
| - | BANK OF AMER CORP | COM | 060505104 | 837,606 | 0.55 | 14700.0 | |
| MBLY | ADDED | MOBILEYE GLOBAL INC | COMMON CLASS A | 60741F104 | 825,220 | 0.54 | 85250.0 |
| SCHW | REDUCED | SCHWAB CHARLES CORP | COM | 808513105 | 802,749 | 0.53 | 8700.0 |
| BROS | ADDED | DUTCH BROS INC | CL A | 26701L100 | 797,091 | 0.52 | 11100.0 |
| SHAK | ADDED | SHAKE SHACK INC | CL A | 819047101 | 781,479 | 0.51 | 13950.0 |
| MGM | REDUCED | MGM RESORTS INTERNATIONAL | COM | 552953101 | 764,960 | 0.5 | 16000.0 |
| ALK | NEW | ALASKA AIR GROUP INC | COM | 011659109 | 746,460 | 0.49 | 14300.0 |
| - | ISHARES TR | MSCI EURO FL ETF | 464289180 | 740,810 | 0.49 | 19000.0 | |
| FDX | REDUCED | FEDEX CORP | COM | 31428X106 | 735,856 | 0.48 | 2350.0 |
| - | ADVISORSHARES TR | PURE US CANN ETF | 00768Y453 | 716,280 | 0.47 | 141000.0 | |
| MMM | ADDED | 3M CO | COM | 88579Y101 | 671,927 | 0.44 | 4150.0 |
| - | ISHARES SILVER TR | ISHARES | 46428Q109 | 668,375 | 0.44 | 12500.0 | |
| FIGS | UNCHANGED | FIGS INC | CL A | 30260D103 | 649,605 | 0.43 | 63500.0 |
| - | SOCIEDAD QUIMICA Y MINERA DE | SPON ADR SER B | 833635105 | 644,148 | 0.42 | 8700.0 | |
| NTR | REDUCED | NUTRIEN LTD | COM | 67077M108 | 623,205 | 0.41 | 9900.0 |
| LYFT | REDUCED | LYFT INC | CL A COM | 55087P104 | 578,556 | 0.38 | 39600.0 |
| NVST | REDUCED | ENVISTA HOLDINGS CORPORATION | COM | 29415F104 | 494,063 | 0.32 | 18750.0 |
| ABNB | UNCHANGED | AIRBNB INC | COM CL A | 009066101 | 479,385 | 0.31 | 3350.0 |
| - | ISHARES TR | EUROPE ETF | 464287861 | 473,525 | 0.31 | 6500.0 | |
| - | KRANESHARES TRUST | CSI CHI INTERNET | 500767306 | 469,824 | 0.31 | 19200.0 | |
| HMC | ADDED | HONDA MOTOR CO LTD | ADR ECH CNV IN 3 | 438128308 | 455,448 | 0.3 | 16800.0 |
| ROG | REDUCED | ROGERS CORP | COM | 775133101 | 429,791 | 0.28 | 2625.0 |
| - | INSPIRE MED SYS INC | COM | 457730109 | 388,107 | 0.25 | 8700.0 | |
| - | VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 | 385,250 | 0.25 | 4600.0 | |
| CCJ | REDUCED | CAMECO CORP | COM | 13321L108 | 376,882 | 0.25 | 3700.0 |
| HP | REDUCED | HELMERICH & PAYNE INC | COM | 423452101 | 366,688 | 0.24 | 11200.0 |
| - | ISHARES TR | CHINA LG-CAP ETF | 464287184 | 360,126 | 0.24 | 11400.0 | |
| - | WISDOMTREE TR | EUROPE SMCP DV | 97717W869 | 359,850 | 0.24 | 5000.0 | |
| - | LITHIUM AMERS CORP NEW | COM SHS | 53681J103 | 346,500 | 0.23 | 90000.0 | |
| - | KINDER MORGAN INC DEL | COM | 49456B101 | 335,685 | 0.22 | 10500.0 | |
| WPM | REDUCED | WHEATON PRECIOUS METALS CORP | COM | 962879102 | 325,728 | 0.21 | 2900.0 |
| - | ISHARES TR | MSCI EMG MKT ETF | 464287234 | 321,527 | 0.21 | 4700.0 | |
| - | INVESCO EXCHANGE TRADED FD T | S&P500 EQL WGT | 46137V357 | 319,155 | 0.21 | 1500.0 | |
| EW | REDUCED | EDWARDS LIFESCIENCES CORP | COM | 28176E108 | 316,610 | 0.21 | 3500.0 |
| - | GRANITE CONSTR INC | COM | 387328107 | 316,160 | 0.21 | 2000.0 | |
| - | PROSHARES TR | PSHS SHORT DOW30 | 74347B235 | 308,085 | 0.2 | 14250.0 | |
| - | ON HLDG AG | NAMEN AKT A | H5919C104 | 301,070 | 0.2 | 8500.0 | |
| DAL | NEW | DELTA AIR LINES INC | COM NEW | 247361702 | 299,712 | 0.2 | 3200.0 |
| - | VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 | 285,000 | 0.19 | 4000.0 | |
| COP | REDUCED | CONOCOPHILLIPS | COM | 20825C104 | 280,692 | 0.18 | 2700.0 |
| MCD | UNCHANGED | MCDONALDS CORP | COM | 580135101 | 270,310 | 0.18 | 1000.0 |
| - | WABTEC | COM | 929740108 | 269,600 | 0.18 | 1000.0 | |
| DOCU | NEW | DOCUSIGN INC | COM | 256163106 | 244,310 | 0.16 | 5500.0 |
| PFE | NEW | PFIZER INC | COM | 717081103 | 243,208 | 0.16 | 10100.0 |
| CRWV | NEW | COREWEAVE INC | COM CL A | 21873S108 | 238,896 | 0.16 | 2400.0 |
| CTVA | REDUCED | CORTEVA INC | COM | 22052L104 | 237,132 | 0.16 | 2800.0 |
| - | FRANCO NEV CORP | COM | 351858105 | 218,862 | 0.14 | 1050.0 | |
| - | THE CAMPBELLS COMPANY | COM | 134429109 | 205,998 | 0.14 | 9250.0 | |
| - | TELEFONAKTIEBOLAGET LM ERICS | ADR B SEK 10 | 294821608 | 200,700 | 0.13 | 18000.0 | |
| - | FIDELITY ETHEREUM FD | SHS | 31613E103 | 173,140 | 0.11 | 11000.0 | |
| STLA | NEW | STELLANTIS N.V | SHS | N82405106 | 86,100 | 0.06 | 15000.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-07-27 | 152,425,452 | 108 | 7.837143 | 0.305133 | 18.853581 |
| 2025-12-31 | 2026-01-27 | 141,796,253 | 108 | 7.59018 | 0.290937 | 18.741742 |
| 2025-09-30 | 2025-10-08 | 130,552,563 | 102 | 8.161552 | 0.310256 | 20.729265 |
| 2025-03-31 | 2025-04-24 | 152,243,373 | 108 | 8.081865 | 0.315795 | 20.327933 |
| 2024-12-31 | 2025-01-17 | 151,506,865 | 110 | 8.315105 | 0.322749 | 20.896718 |