Gilead Sciences, Inc. (GILD), Target Corporation (TGT) and State Street Corp (STT): Hussman Strategic Advisors, Inc.’s Top 3 Fresh Positions


Hussman Strategic Advisors, Inc. took the opportunity in 2Q2015 to increase holdings in some 15 stocks and reduced stakes in 73 other stocks. The fund also made some fresh additions to its equity portfolio during the latest quarter and sold out of some other stocks in the same period. These new buys and sold-out positions are discussed in details in the below paragraphs.

Hussman Strategic Advisors, Inc. reported that the value of its equity portfolio fell to $865.3 million in 2Q2015 from $953.1 million in 1Q2015.

In terms of industries, Hussman Strategic Advisors, Inc. is most active in Technology sector, which accounts for 24% of its portfolio. The fund also has significant exposure to the Healthcare sector, which makes up 22% of its portfolio.

Top 3 fresh positions

Hussman Strategic Advisors, Inc. initiated 32 fresh positions during 2Q. Here is a closer look at the fund’s top 3 fresh holdings in terms of dollar value: Gilead Sciences, Inc. (NASDAQ:GILD),

Target Corporation (NYSE:TGT) and State Street Corp (NYSE:STT).

75,000 shares worth $8.8 million Gilead (GILD)

Hussman Strategic Advisors, Inc. took up 75,000 shares in Gilead Sciences, Inc.(NASDAQ:GILD) during 2Q. The stake was valued at $8.78 million at the end of the quarter.

100, 000 shares in Target (TGT)

Hussman Strategic Advisors, Inc. launched a fresh position of 100,000 shares in Target Corporation (NYSE:TGT) in 2Q. The position had a dollar value of $8.16 million at the end of the quarter.

Stake in State Street valued at $7.7 million

The fund acquired 100,000 shares in State Street Corp (NYSE:STT) in 2Q, making it its third-largest fresh position in terms of financial value. The stake in State Street was valued at $7.7 million at the end of 2Q.

Hussman Strategic Advisors, Inc.’s other fresh move in 2Q was in Southwest Airlines Co (NYSE:LUV), where it acquired 200,000 shares. The position was valued at $6.62 million at the end of the latest quarter.

Discarded stakes

Hussman Strategic Advisors, Inc. sold out of 17 stocks during 2Q. NVIDIA Corporation (NASDAQ:NVDA) and Robert Half International Inc. (NYSE:RHI) bore of the brunt of the fund’s portfolio cleanup.

Neha Gupta

Neha Gupta has been in the financial space for over six years now. Gupta earned her MBA degree from Symbiosis Centre of Distance Learning in 2009 and her passion for finance led her to pursue Chartered Financial Analyst (CFA) course. She has successfully completed Level II of her CFA. She is a veteran in article writing, which is depicted in her numerous pieces published on SeekingAlpha, Nextiphonenews, InsiderMonkey, MarketWatch, and Techinsider. Her crisp and eloquent writing finds its best place in Researchcows, where emphasis is given on developing rich content for various websites, products, business plans, trainings, and book writing.

You may also like...

More in GILD, LUV, NVDA, STT
roanake asset
Mastercard Inc (MA), Walt Disney Co (DIS) and Home Depot Inc (HD): Roanoke Asset Management Corp’s Top 3 Best Equity Picks Overall

In its latest regulatory filings, Roanoke Asset Management Corp has reported that it eliminated five stocks from its portfolio during...

Close