# EDGAR Filing Document

**Accession Number:** 0001128074
**File Stem:** 0001128074-23-000001
**Filing Date:** 2023-1
**Character Count:** 13208
**Document Hash:** 42fe41980230c9fe42b17b387cc93126
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001128074-23-000001.hdr.sgml**: 20230126

**ACCESSION NUMBER**: 0001128074-23-000001

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230126

**DATE AS OF CHANGE**: 20230126

**EFFECTIVENESS DATE**: 20230126

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HANSEATIC MANAGEMENT SERVICES INC
- **CENTRAL INDEX KEY:** 0001128074
- **IRS NUMBER:** 850432428
- **STATE OF INCORPORATION:** NM
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-05935
- **FILM NUMBER:** 23556945

**BUSINESS ADDRESS:**
- **STREET 1:** 5600 WYOMING NE SUITE 220
- **CITY:** ALBUQUERQUE
- **STATE:** NM
- **ZIP:** 87109
- **BUSINESS PHONE:** 5058282824

**MAIL ADDRESS:**
- **STREET 1:** 5600 WYOMING NE SUITE 220
- **CITY:** ALBUQUERQUE
- **STATE:** NM
- **ZIP:** 87109

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** HANSEATIC MANAGEMENT SERVICES INC<br>**Address:** 5600 WYOMING NE SUITE 220<br>ALBUQUERQUE, NM 87109

**Form 13F File Number:** 028-05935

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Russell Sanderson<br>**Title:** CEO<br>**Phone:** 505-314-5882

**Signature, Place, and Date of Signing:**

Russell Sanderson  Albuquerque, NM  01-26-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 106

**Form 13F Information Table Value Total:** $39446

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| AmerisourceBergen Corp | COM | 03073E105 |  | 44 | 264 | SH |  | SOLE |  | 0 | 264 | 0 |
| Acadia Healthcare Company Inc | COM | 00404A109 |  | 538 | 6540 | SH |  | SOLE |  | 0 | 6540 | 0 |
| Axcelis Technologies Inc | COM | 054540208 |  | 8 | 104 | SH |  | SOLE |  | 0 | 104 | 0 |
| Applied Industrial Tech | COM | 03820C105 |  | 5 | 41 | SH |  | SOLE |  | 0 | 41 | 0 |
| Arthur J Gallagher  Co | COM | 363576109 |  | 36 | 190 | SH |  | SOLE |  | 0 | 190 | 0 |
| Albemarle Corporation | COM | 012653101 |  | 353 | 1630 | SH |  | SOLE |  | 0 | 1630 | 0 |
| Amkor Technology Inc | COM | 031652100 |  | 379 | 15810 | SH |  | SOLE |  | 0 | 15810 | 0 |
| Apellis Pharmaceuticals Inc. | COM | 03753U106 |  | 4 | 85 | SH |  | SOLE |  | 0 | 85 | 0 |
| Adtalem Global Education Inc. | COM | 00737L103 |  | 5 | 140 | SH |  | SOLE |  | 0 | 140 | 0 |
| Allegheny Technologies Inc. | COM | 01741R102 |  | 93 | 3120 | SH |  | SOLE |  | 0 | 3120 | 0 |
| Atkore International Group Inc | COM | 047649108 |  | 5 | 44 | SH |  | SOLE |  | 0 | 44 | 0 |
| AeroVironment Inc. | COM | 008073108 |  | 477 | 5571 | SH |  | SOLE |  | 0 | 5571 | 0 |
| Aspen Technology Inc. | COM | 29109X106 |  | 502 | 2445 | SH |  | SOLE |  | 0 | 2445 | 0 |
| Aberdeen Stan. Bloom CMDTY Str | ETF | 003261104 |  | 1399 | 63421 | SH |  | SOLE |  | 0 | 63421 | 0 |
| Belden Inc. | COM | 077454106 |  | 494 | 6869 | SH |  | SOLE |  | 0 | 6869 | 0 |
| Biogen Inc. | COM | 09062X103 |  | 37 | 132 | SH |  | SOLE |  | 0 | 132 | 0 |
| Builders FirstSource Inc. | COM | 12008R107 |  | 10 | 159 | SH |  | SOLE |  | 0 | 159 | 0 |
| Bristol-Myers Squibb Co. | COM | 110122108 |  | 110 | 1529 | SH |  | SOLE |  | 0 | 1529 | 0 |
| Box Inc. | COM | 10316T104 |  | 8 | 253 | SH |  | SOLE |  | 0 | 253 | 0 |
| Peabody Energy Corp | COM | 704551100 |  | 10 | 368 | SH |  | SOLE |  | 0 | 368 | 0 |
| Cardinal Health Inc. | COM | 14149Y108 |  | 593 | 7719 | SH |  | SOLE |  | 0 | 7719 | 0 |
| Caleres Inc. | COM | 129500104 |  | 4 | 200 | SH |  | SOLE |  | 0 | 200 | 0 |
| Cal-Maine Foods Inc. | COM | 128030202 |  | 564 | 10363 | SH |  | SOLE |  | 0 | 10363 | 0 |
| Calix Inc. | COM | 13100M509 |  | 7 | 99 | SH |  | SOLE |  | 0 | 99 | 0 |
| Cross Country Healthcare Inc | COM | 227483104 |  | 4 | 137 | SH |  | SOLE |  | 0 | 137 | 0 |
| Celsius Holdings Inc. | COM | 15118V207 |  | 6 | 53 | SH |  | SOLE |  | 0 | 53 | 0 |
| CF Industries Holdings Inc. | COM | 125269100 |  | 704 | 8260 | SH |  | SOLE |  | 0 | 8260 | 0 |
| Mr. Cooper Group Inc. | COM | 62482R107 |  | 10 | 245 | SH |  | SOLE |  | 0 | 245 | 0 |
| ConocoPhillips | COM | 20825C104 |  | 493 | 4181 | SH |  | SOLE |  | 0 | 4181 | 0 |
| Coterra Energy | COM | 127097103 |  | 3 | 131 | SH |  | SOLE |  | 0 | 131 | 0 |
| Cutera Inc. | COM | 232109108 |  | 4 | 81 | SH |  | SOLE |  | 0 | 81 | 0 |
| Curtiss-Wright Corp. | COM | 231561101 |  | 411 | 2460 | SH |  | SOLE |  | 0 | 2460 | 0 |
| Devon Energy Corp | COM | 25179M103 |  | 83 | 1353 | SH |  | SOLE |  | 0 | 1353 | 0 |
| iShares Select Dividend ETF | ETF | 464287168 |  | 4 | 34 | SH |  | SOLE |  | 0 | 34 | 0 |
| E.L.F. Beauty Inc. | COM | 26856L103 |  | 654 | 11835 | SH |  | SOLE |  | 0 | 11835 | 0 |
| EMCOR Group Inc. | COM | 29084Q100 |  | 408 | 2756 | SH |  | SOLE |  | 0 | 2756 | 0 |
| Enphase Energy Inc. | COM | 29355A107 |  | 33 | 123 | SH |  | SOLE |  | 0 | 123 | 0 |
| Ensign Group Inc. (The) | COM | 29358P101 |  | 5 | 57 | SH |  | SOLE |  | 0 | 57 | 0 |
| Erie Indemnity Co cl A | CLA | 29530P102 |  | 536 | 2154 | SH |  | SOLE |  | 0 | 2154 | 0 |
| EnviroStar Inc. | COM | 26929N102 |  | 6 | 232 | SH |  | SOLE |  | 0 | 232 | 0 |
| Extreme Networks Inc. | COM | 30226D106 |  | 531 | 29027 | SH |  | SOLE |  | 0 | 29027 | 0 |
| Fidelity MSCI Energy Index ETF | ETF | 316092402 |  | 1607 | 67403 | SH |  | SOLE |  | 0 | 67403 | 0 |
| Comfort Systems USA | COM | 199908104 |  | 5 | 42 | SH |  | SOLE |  | 0 | 42 | 0 |
| Fluor Corporation | COM | 343412102 |  | 580 | 16746 | SH |  | SOLE |  | 0 | 16746 | 0 |
| First Solar Inc. | COM | 336433107 |  | 410 | 2739 | SH |  | SOLE |  | 0 | 2739 | 0 |
| Fidelity Utility ETF | ETF | 316092865 |  | 1930 | 42348 | SH |  | SOLE |  | 0 | 42348 | 0 |
| Gilead Sciences Inc. | COM | 375558103 |  | 37 | 435 | SH |  | SOLE |  | 0 | 435 | 0 |
| Genuine Parts Company | COM | 372460105 |  | 510 | 2941 | SH |  | SOLE |  | 0 | 2941 | 0 |
| Gap Inc. | COM | 364760108 |  | 417 | 36952 | SH |  | SOLE |  | 0 | 36952 | 0 |
| Halliburton Company | COM | 406216101 |  | 20 | 516 | SH |  | SOLE |  | 0 | 516 | 0 |
| Halozyme Therapeutics Inc. | COM | 40637H109 |  | 5 | 93 | SH |  | SOLE |  | 0 | 93 | 0 |
| Warrior Met Coal Llc | COM | 93627C101 |  | 7 | 198 | SH |  | SOLE |  | 0 | 198 | 0 |
| Hess Corporation | COM | 42809H107 |  | 38 | 265 | SH |  | SOLE |  | 0 | 265 | 0 |
| Harmonic Inc. | COM | 413160102 |  | 7 | 563 | SH |  | SOLE |  | 0 | 563 | 0 |
| Helmerich  Payne Inc | COM | 423452101 |  | 43 | 866 | SH |  | SOLE |  | 0 | 866 | 0 |
| H Block Inc. | COM | 093671105 |  | 31 | 839 | SH |  | SOLE |  | 0 | 839 | 0 |
| Hubbell Inc | COM | 443510607 |  | 388 | 1652 | SH |  | SOLE |  | 0 | 1652 | 0 |
| International Bancshares | COM | 459044103 |  | 473 | 10338 | SH |  | SOLE |  | 0 | 10338 | 0 |
| Ionis Pharmaceuticals Inc. | COM | 462222100 |  | 408 | 10811 | SH |  | SOLE |  | 0 | 10811 | 0 |
| Irhythm Technologies Inc | COM | 450056106 |  | 4 | 43 | SH |  | SOLE |  | 0 | 43 | 0 |
| SPDR Barclays High Yield Bond | ETF | 78464A417 |  | 5 | 55 | SH |  | SOLE |  | 0 | 55 | 0 |
| Eli Lilly  Co. | COM | 532457108 |  | 39 | 107 | SH |  | SOLE |  | 0 | 107 | 0 |
| Cheniere Energy Inc | COM | 16411R208 |  | 415 | 2768 | SH |  | SOLE |  | 0 | 2768 | 0 |
| iShares iBoxx $ Inves Grd Corp | ETF | 464287242 |  | 5 | 47 | SH |  | SOLE |  | 0 | 47 | 0 |
| McKesson Corp | COM | 58155Q103 |  | 588 | 1568 | SH |  | SOLE |  | 0 | 1568 | 0 |
| Allscripts Healthcare Solution | COM | 01988P108 |  | 6 | 360 | SH |  | SOLE |  | 0 | 360 | 0 |
| Model N Inc. | COM | 607525102 |  | 6 | 145 | SH |  | SOLE |  | 0 | 145 | 0 |
| Merck  Co. Inc. | COM | 58933Y105 |  | 38 | 342 | SH |  | SOLE |  | 0 | 342 | 0 |
| Matador Resources Company | COM | 576485205 |  | 590 | 10307 | SH |  | SOLE |  | 0 | 10307 | 0 |
| Murphy USA Inc. | COM | 626755102 |  | 117 | 420 | SH |  | SOLE |  | 0 | 420 | 0 |
| Neurocrine Biosciences Inc. | COM | 64125C109 |  | 545 | 4559 | SH |  | SOLE |  | 0 | 4559 | 0 |
| NextEra Energy Inc. | COM | 65339F101 |  | 162 | 1937 | SH |  | SOLE |  | 0 | 1937 | 0 |
| Northrop Grumman Corp | COM | 666807102 |  | 595 | 1090 | SH |  | SOLE |  | 0 | 1090 | 0 |
| O'Reilly Automotive Inc. | COM | 67103H107 |  | 549 | 650 | SH |  | SOLE |  | 0 | 650 | 0 |
| Occidental Petroleum Corp | COM | 674599105 |  | 33 | 517 | SH |  | SOLE |  | 0 | 517 | 0 |
| Penumbra Inc. | COM | 70975L107 |  | 41 | 184 | SH |  | SOLE |  | 0 | 184 | 0 |
| Principal Financial Group | COM | 74251V102 |  | 34 | 411 | SH |  | SOLE |  | 0 | 411 | 0 |
| Impinj Inc. | COM | 453204109 |  | 6 | 58 | SH |  | SOLE |  | 0 | 58 | 0 |
| Rambus Inc. | COM | 750917106 |  | 509 | 14223 | SH |  | SOLE |  | 0 | 14223 | 0 |
| Rollins Inc. | COM | 775711104 |  | 91 | 2488 | SH |  | SOLE |  | 0 | 2488 | 0 |
| Range Resources Corp | COM | 75281A109 |  | 5 | 181 | SH |  | SOLE |  | 0 | 181 | 0 |
| Ruth's Hospitality Group Inc. | COM | 783332109 |  | 4 | 253 | SH |  | SOLE |  | 0 | 253 | 0 |
| Schwab US Dividend Equity | ETF | 808524797 |  | 392 | 5187 | SH |  | SOLE |  | 0 | 5187 | 0 |
| Schwab US LC Gwth ETF | ETF | 808524300 |  | 2 | 30 | SH |  | SOLE |  | 0 | 30 | 0 |
| Silk Road Medical Inc. | COM | 82710M100 |  | 5 | 102 | SH |  | SOLE |  | 0 | 102 | 0 |
| Sarepta Therapeutics Inc | COM | 803607100 |  | 42 | 321 | SH |  | SOLE |  | 0 | 321 | 0 |
| ShockWave Medical Inc. | COM | 82489T104 |  | 282 | 1373 | SH |  | SOLE |  | 0 | 1373 | 0 |
| Target Hospitality Corp. | CLA | 87615L107 |  | 5 | 335 | SH |  | SOLE |  | 0 | 335 | 0 |
| TJX Companies Inc. | COM | 872540109 |  | 421 | 5286 | SH |  | SOLE |  | 0 | 5286 | 0 |
| TransMedics Group Inc. | COM | 89377M109 |  | 7 | 119 | SH |  | SOLE |  | 0 | 119 | 0 |
| Universal Logistics Holdings | COM | 91388P105 |  | 7 | 218 | SH |  | SOLE |  | 0 | 218 | 0 |
| United Natural Foods Inc. | COM | 911163103 |  | 5 | 125 | SH |  | SOLE |  | 0 | 125 | 0 |
| Vanguard Small-Cap ETF | ETF | 922908751 |  | 8 | 46 | SH |  | SOLE |  | 0 | 46 | 0 |
| Vanguard Sm Cap Value | ETF | 922908611 |  | 1667 | 10497 | SH |  | SOLE |  | 0 | 10497 | 0 |
| Valmont Industries Inc | COM | 920253101 |  | 37 | 111 | SH |  | SOLE |  | 0 | 111 | 0 |
| Vanguard Mid-Cap ETF | ETF | 922908629 |  | 8 | 37 | SH |  | SOLE |  | 0 | 37 | 0 |
| Vertex Pharmaceuticals | COM | 92532F100 |  | 492 | 1704 | SH |  | SOLE |  | 0 | 1704 | 0 |
| Vanguard S-T Inflation-Protect | ETF | 922020805 |  | 12659 | 271010 | SH |  | SOLE |  | 0 | 271010 | 0 |
| Vanguard Large-Cap ETF | ETF | 922908637 |  | 9 | 52 | SH |  | SOLE |  | 0 | 52 | 0 |
| Vanguard EM Govt Bnd ETF | ETF | 921946885 |  | 5 | 84 | SH |  | SOLE |  | 0 | 84 | 0 |
| Whitestone REIT | COM | 966084204 |  | 4 | 442 | SH |  | SOLE |  | 0 | 442 | 0 |
| Wynn Resorts Ltd. | COM | 983134107 |  | 36 | 437 | SH |  | SOLE |  | 0 | 437 | 0 |
| SPDR Select Technology | ETF | 81369Y803 |  | 4 | 32 | SH |  | SOLE |  | 0 | 32 | 0 |
| SPDR Cons Staples Slct | ETF | 81369Y308 |  | 1928 | 25867 | SH |  | SOLE |  | 0 | 25867 | 0 |
| SPDR Utilities Select | ETF | 81369Y886 |  | 8 | 111 | SH |  | SOLE |  | 0 | 111 | 0 |
| Exxon Mobil Corporation | COM | 30231G102 |  | 530 | 4801 | SH |  | SOLE |  | 0 | 4801 | 0 |

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