Hussman Strategic Advisors, Inc.
Hussman Strategic Advisors, Inc., based in Ellicott City, Maryland, is a registered investment adviser that serves as the investment adviser to the Hussman Funds, a family of mutual funds. Founded by John Hussman, the firm manages several diversified, strategic funds with an emphasis on risk management and long-term returns. Hussman Strategic Advisors employs a small team; current filings list approximately 6 employees. The firm primarily manages investment companies and serves the needs of individual and institutional investors through its mutual fund offerings.
Investment Strategy
Hussman Strategic Advisors focuses on managing mutual funds with strategies that emphasize risk management, capital preservation, and disciplined investment selection. The firm utilizes both long and short equity positions, dynamic asset allocation across stocks, bonds, and precious metals, and hedging strategies to mitigate downside risk. Their philosophy combines valuation-based equity selection with macroeconomic and technical analysis to adjust exposures according to prevailing market risks and opportunities. Hussman Strategic Advisors aims to provide long-term risk-adjusted returns while seeking to limit major drawdowns in challenging market environments.
Top Holdings
Equity Positions (209)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
A AEM | AGNICO EAGLE MINES LTD | 4.16% | $18.2M | 153,000 | $105.40 | $118.93 | +$9.4M |
N NEM | NEWMONT CORP | 4.07% | $17.8M | 306,000 | $48.57 | $58.26 | +$3.1M |
B B | BARRICK MNG CORP | 3.88% | $17.0M | 816,000 | $20.82 | $20.82 | +$17.0M |
U UI | UBIQUITI INC | 1.58% | $6.9M | 16,800 | $335.52 | $411.65 | +$3.0M |
R RGLD | ROYAL GOLD INC | 1.45% | $6.3M | 35,700 | $167.47 | $177.84 | +$3.4M |