# EDGAR Filing Document

**Accession Number:** 0001179475
**File Stem:** 0001398344-26-008833
**Filing Date:** 2026-5
**Character Count:** 30027
**Document Hash:** 4224d214684fa23d31893249ad62665b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001398344-26-008833.hdr.sgml**: 20260511

**ACCESSION NUMBER**: 0001398344-26-008833

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260511

**DATE AS OF CHANGE**: 20260511

**EFFECTIVENESS DATE**: 20260511

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HUSSMAN STRATEGIC ADVISORS, INC.
- **CENTRAL INDEX KEY:** 0001179475

**ORGANIZATION NAME:**
- **EIN:** 383083913
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-10233
- **FILM NUMBER:** 26961008

**BUSINESS ADDRESS:**
- **STREET 1:** 6021 UNIVERSITY BLVD., SUITE 490
- **CITY:** ELLICOTT CITY
- **STATE:** MD
- **ZIP:** 21043
- **BUSINESS PHONE:** (410) 715-1130

**MAIL ADDRESS:**
- **STREET 1:** 6021 UNIVERSITY BLVD., SUITE 490
- **CITY:** ELLICOTT CITY
- **STATE:** MD
- **ZIP:** 21043

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HUSSMAN ECONOMETRICS ADVISORS, INC.
- **DATE OF NAME CHANGE:** 20040726

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HUSSMAN ECONOMETRICS ADVISORS INC
- **DATE OF NAME CHANGE:** 20020807

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2026

**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:** HUSSMAN STRATEGIC ADVISORS INC.<br>**Address:** 6021 UNIVERSITY BLVD. SUITE 490<br>ELLICOTT CITY, MD 21043

**Form 13F File Number:** 028-10233

**CRD Number (if applicable):** 000109400

**SEC File Number (if applicable):** 801-57572

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:** John P. Hussman<br>**Title:** President<br>**Phone:** 410-715-1130

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

/s/ John P. Hussman  Ellicott City, MD  04-27-2026<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:** 268

**Form 13F Information Table Value Total:** $462546143

      (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 |
| ACM RESH INC | COM CL A | 00108J109 |  | 2479050 | 63000 | SH |  | SOLE |  | 63000 | 0 | 0 |
| AES CORP | COM | 00130H105 |  | 1493540 | 106000 | SH |  | SOLE |  | 106000 | 0 | 0 |
| ANI PHARMACEUTICALS INC | COM | 00182C103 |  | 4037250 | 52500 | SH |  | SOLE |  | 52500 | 0 | 0 |
| ACADIA PHARMACEUTICALS INC | COM | 004225108 |  | 3739680 | 168000 | SH |  | SOLE |  | 168000 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 2552340 | 10500 | SH |  | SOLE |  | 10500 | 0 | 0 |
| ADVANCE AUTO PARTS INC | COM | 00751Y106 |  | 2215500 | 42000 | SH |  | SOLE |  | 42000 | 0 | 0 |
| AGNICO EAGLE MINES LTD | COM | 008474108 |  | 1238178 | 6100 | SH |  | SOLE |  | 6100 | 0 | 0 |
| AKAMAI TECHNOLOGIES INC | COM | 00971T101 |  | 1205925 | 10500 | SH |  | SOLE |  | 10500 | 0 | 0 |
| ALAMOS GOLD INC | COM CL A | 011532108 |  | 542046 | 12200 | SH |  | SOLE |  | 12200 | 0 | 0 |
| ALEXANDERS INC | COM | 014752109 |  | 1488060 | 6300 | SH |  | SOLE |  | 6300 | 0 | 0 |
| ALIGN TECHNOLOGY INC | COM | 016255101 |  | 1800015 | 10500 | SH |  | SOLE |  | 10500 | 0 | 0 |
| BREAD FINANCIAL HOLDINGS INC | COM | 018581108 |  | 2359035 | 31500 | SH |  | SOLE |  | 31500 | 0 | 0 |
| ALLSTATE CORP | COM | 020002101 |  | 1741656 | 8400 | SH |  | SOLE |  | 8400 | 0 | 0 |
| AMEREN CORP | COM | 023608102 |  | 10992 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| AMERESCO INC | CL A | 02361E108 |  | 3213000 | 126000 | SH |  | SOLE |  | 126000 | 0 | 0 |
| AMERICAN AIRLINES GROUP INC | COM | 02376R102 |  | 2255400 | 210000 | SH |  | SOLE |  | 210000 | 0 | 0 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 13108 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| AMERICAN EAGLE OUTFITTERS IN | COM | 02553E106 |  | 3507000 | 210000 | SH |  | SOLE |  | 210000 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 1847213 | 5250 | SH |  | SOLE |  | 5250 | 0 | 0 |
| AMPHASTAR PHARMACEUTICALS IN | COM | 03209R103 |  | 1234170 | 63000 | SH |  | SOLE |  | 63000 | 0 | 0 |
| AMPRIUS TECHNOLOGIES INC | COMMON STOCK | 03214Q108 |  | 2478420 | 147000 | SH |  | SOLE |  | 147000 | 0 | 0 |
| ANAPTYSBIO INC | COM | 032724106 |  | 1164660 | 21000 | SH |  | SOLE |  | 21000 | 0 | 0 |
| APA CORPORATION | COM | 03743Q108 |  | 4456200 | 105000 | SH |  | SOLE |  | 105000 | 0 | 0 |
| ASTRANA HEALTH INC | COM NEW | 03763A207 |  | 1544760 | 63000 | SH |  | SOLE |  | 63000 | 0 | 0 |
| APPFOLIO INC | COM CL A | 03783C100 |  | 662844 | 4200 | SH |  | SOLE |  | 4200 | 0 | 0 |
| ARCHER DANIELS MIDLAND CO | COM | 039483102 |  | 3052980 | 42000 | SH |  | SOLE |  | 42000 | 0 | 0 |
| ASCENDIS PHARMA A/S | SPONSORED ADR | 04351P101 |  | 1921332 | 8400 | SH |  | SOLE |  | 8400 | 0 | 0 |
| AURINIA PHARMACEUTICALS INC | COM | 05156V102 |  | 1244880 | 84000 | SH |  | SOLE |  | 84000 | 0 | 0 |
| AVISTA CORP | COM | 05379B107 |  | 40140 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| AXCELIS TECHNOLOGIES INC | COM NEW | 054540208 |  | 1954680 | 21000 | SH |  | SOLE |  | 21000 | 0 | 0 |
| BANKUNITED INC | COM | 06652K103 |  | 1422540 | 31500 | SH |  | SOLE |  | 31500 | 0 | 0 |
| BARRICK MNG CORP | COM SHS | 06849F108 |  | 1244095 | 30500 | SH |  | SOLE |  | 30500 | 0 | 0 |
| BIOGEN INC | COM | 09062X103 |  | 1154979 | 6300 | SH |  | SOLE |  | 6300 | 0 | 0 |
| BLACK HILLS CORP | COM | 092113109 |  | 34705 | 500 | SH |  | SOLE |  | 500 | 0 | 0 |
| BLACKLINE INC | COM | 09239B109 |  | 1554000 | 42000 | SH |  | SOLE |  | 42000 | 0 | 0 |
| ACADIAN ASSET MANAGEMENT INC | COM | 10948W103 |  | 2285640 | 42000 | SH |  | SOLE |  | 42000 | 0 | 0 |
| BROOKFIELD RENEWABLE CORP | CL A EX SUB VTG | 11285B108 |  | 2091075 | 52500 | SH |  | SOLE |  | 52500 | 0 | 0 |
| B2GOLD CORP | COM | 11777Q209 |  | 906000 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| BUCKLE INC | COM | 118440106 |  | 2115120 | 42000 | SH |  | SOLE |  | 42000 | 0 | 0 |
| CNA FINL CORP | COM | 126117100 |  | 964320 | 21000 | SH |  | SOLE |  | 21000 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 3016440 | 42000 | SH |  | SOLE |  | 42000 | 0 | 0 |
| COTERRA ENERGY INC | COM | 127097103 |  | 1475880 | 42000 | SH |  | SOLE |  | 42000 | 0 | 0 |
| CAL MAINE FOODS INC | COM NEW | 128030202 |  | 2493225 | 31500 | SH |  | SOLE |  | 31500 | 0 | 0 |
| CALIFORNIA RES CORP | COM STOCK | 13057Q305 |  | 69220 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| THE CAMPBELLS COMPANY | COM | 134429109 |  | 4676700 | 210000 | SH |  | SOLE |  | 210000 | 0 | 0 |
| CANADIAN SOLAR INC | COM | 136635109 |  | 2326800 | 168000 | SH |  | SOLE |  | 168000 | 0 | 0 |
| CARNIVAL CORP | COMMON STOCK | 143658300 |  | 1086960 | 42000 | SH |  | SOLE |  | 42000 | 0 | 0 |
| CARTERS INC | COM | 146229109 |  | 750960 | 21000 | SH |  | SOLE |  | 21000 | 0 | 0 |
| CATALYST PHARMACEUTICALS INC | COM | 14888U101 |  | 2079840 | 84000 | SH |  | SOLE |  | 84000 | 0 | 0 |
| CHENIERE ENERGY PARTNERS L P | COM UNIT | 16411Q101 |  | 2714460 | 42000 | SH |  | SOLE |  | 42000 | 0 | 0 |
| CIRRUS LOGIC INC | COM | 172755100 |  | 3037020 | 21000 | SH |  | SOLE |  | 21000 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 1190805 | 10500 | SH |  | SOLE |  | 10500 | 0 | 0 |
| CLEAR SECURE INC | COM CL A | 18467V109 |  | 2541525 | 52500 | SH |  | SOLE |  | 52500 | 0 | 0 |
| CLOROX CO DEL | COM | 189054109 |  | 1088115 | 10500 | SH |  | SOLE |  | 10500 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 1597050 | 21000 | SH |  | SOLE |  | 21000 | 0 | 0 |
| COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 |  | 1288350 | 21000 | SH |  | SOLE |  | 21000 | 0 | 0 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 1789830 | 21000 | SH |  | SOLE |  | 21000 | 0 | 0 |
| COLLEGIUM PHARMACEUTICAL INC | COM | 19459J104 |  | 3472350 | 105000 | SH |  | SOLE |  | 105000 | 0 | 0 |
| CONCENTRIX CORP | COM | 20602D101 |  | 4021920 | 147000 | SH |  | SOLE |  | 147000 | 0 | 0 |
| CONCENTRA GROUP HOLDINGS PAR | COMMON STOCK | 20603L102 |  | 1351350 | 63000 | SH |  | SOLE |  | 63000 | 0 | 0 |
| CONSOLIDATED EDISON INC | COM | 209115104 |  | 113180 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| CORCEPT THERAPEUTICS INC | COM | 218352102 |  | 5079060 | 126000 | SH |  | SOLE |  | 126000 | 0 | 0 |
| DTE ENERGY CO | COM | 233331107 |  | 14622 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| DT MIDSTREAM INC | COMMON STOCK | 23345M107 |  | 67335 | 500 | SH |  | SOLE |  | 500 | 0 | 0 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 2113440 | 42000 | SH |  | SOLE |  | 42000 | 0 | 0 |
| DEXCOM INC | COM | 252131107 |  | 659400 | 10500 | SH |  | SOLE |  | 10500 | 0 | 0 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 2076795 | 10500 | SH |  | SOLE |  | 10500 | 0 | 0 |
| DIVERSIFIED HEALTHCARE TR | COM SH BEN INT | 25525P107 |  | 697200 | 105000 | SH |  | SOLE |  | 105000 | 0 | 0 |
| DOLLAR GEN CORP | COM | 256677105 |  | 3739995 | 31500 | SH |  | SOLE |  | 31500 | 0 | 0 |
| DOMINION ENERGY INC | COM | 25746U109 |  | 30910 | 500 | SH |  | SOLE |  | 500 | 0 | 0 |
| DOMINOS PIZZA INC | COM | 25754A201 |  | 2260377 | 6300 | SH |  | SOLE |  | 6300 | 0 | 0 |
| DROPBOX INC | CL A | 26210C104 |  | 954240 | 42000 | SH |  | SOLE |  | 42000 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 65470 | 500 | SH |  | SOLE |  | 500 | 0 | 0 |
| DUOLINGO INC | CL A COM | 26603R106 |  | 1034985 | 10500 | SH |  | SOLE |  | 10500 | 0 | 0 |
| DOXIMITY INC | CL A | 26622P107 |  | 489300 | 21000 | SH |  | SOLE |  | 21000 | 0 | 0 |
| E L F BEAUTY INC | COM | 26856L103 |  | 636405 | 10500 | SH |  | SOLE |  | 10500 | 0 | 0 |
| EDISON INTL | COM | 281020107 |  | 36590 | 500 | SH |  | SOLE |  | 500 | 0 | 0 |
| ENTERGY CORP NEW | COM | 29364G103 |  | 112360 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| EPAM SYS INC | COM | 29414B104 |  | 2843400 | 21000 | SH |  | SOLE |  | 21000 | 0 | 0 |
| ESSENTIAL UTILS INC | COM | 29670G102 |  | 2537010 | 63000 | SH |  | SOLE |  | 63000 | 0 | 0 |
| ETSY INC | COM | 29786A106 |  | 4198320 | 84000 | SH |  | SOLE |  | 84000 | 0 | 0 |
| EXELON CORP | COM | 30161N101 |  | 49020 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| EXELIXIS INC | COM | 30161Q104 |  | 1801380 | 42000 | SH |  | SOLE |  | 42000 | 0 | 0 |
| EXPEDITORS INTL WASH INC | COM | 302130109 |  | 1503915 | 10500 | SH |  | SOLE |  | 10500 | 0 | 0 |
| FLYWIRE CORPORATION | COM VTG | 302492103 |  | 2444400 | 210000 | SH |  | SOLE |  | 210000 | 0 | 0 |
| FASTLY INC | CL A | 31188V100 |  | 3051300 | 105000 | SH |  | SOLE |  | 105000 | 0 | 0 |
| FEDERATED HERMES INC | CL B | 314211103 |  | 595455 | 10500 | SH |  | SOLE |  | 10500 | 0 | 0 |
| FIRST SOLAR INC | COM | 336433107 |  | 2071230 | 10500 | SH |  | SOLE |  | 10500 | 0 | 0 |
| FIRSTENERGY CORP | COM | 337932107 |  | 50660 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| FIVE BELOW INC | COM | 33829M101 |  | 2878848 | 12600 | SH |  | SOLE |  | 12600 | 0 | 0 |
| FLOWERS FOODS INC | COM | 343498101 |  | 1369200 | 168000 | SH |  | SOLE |  | 168000 | 0 | 0 |
| FLUENCE ENERGY INC | COM CL A | 34379V103 |  | 2889600 | 210000 | SH |  | SOLE |  | 210000 | 0 | 0 |
| FORESTAR GROUP INC | COM | 346232101 |  | 1026480 | 42000 | SH |  | SOLE |  | 42000 | 0 | 0 |
| FRONTDOOR INC | COM | 35905A109 |  | 1665090 | 31500 | SH |  | SOLE |  | 31500 | 0 | 0 |
| GAP INC | COM | 364760108 |  | 2541000 | 105000 | SH |  | SOLE |  | 105000 | 0 | 0 |
| GARRETT MOTION INC | COM | 366505105 |  | 1526280 | 84000 | SH |  | SOLE |  | 84000 | 0 | 0 |
| GENERAL MILLS INC | COM | 370334104 |  | 2344860 | 63000 | SH |  | SOLE |  | 63000 | 0 | 0 |
| GENTEX CORP | COM | 371901109 |  | 1376550 | 63000 | SH |  | SOLE |  | 63000 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 1463385 | 10500 | SH |  | SOLE |  | 10500 | 0 | 0 |
| GLOBAL WTR RES INC | COM | 379463102 |  | 7590 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| GUARDIAN PHARMACY SVCS INC | CL A | 40145W101 |  | 790860 | 21000 | SH |  | SOLE |  | 21000 | 0 | 0 |
| HAEMONETICS CORP MASS | COM | 405024100 |  | 591780 | 10500 | SH |  | SOLE |  | 10500 | 0 | 0 |
| HALOZYME THERAPEUTICS INC | COM | 40637H109 |  | 3393075 | 52500 | SH |  | SOLE |  | 52500 | 0 | 0 |
| HARLEY DAVIDSON INC | COM | 412822108 |  | 1273860 | 63000 | SH |  | SOLE |  | 63000 | 0 | 0 |
| HARMONY BIOSCIENCES HLDGS IN | COM | 413197104 |  | 2352840 | 84000 | SH |  | SOLE |  | 84000 | 0 | 0 |
| HAWAIIAN ELEC INDS INC MTN B | COM | 419870100 |  | 14840 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| HEALTHCARE SVCS GROUP INC | COM | 421906108 |  | 3116400 | 168000 | SH |  | SOLE |  | 168000 | 0 | 0 |
| HECLA MINING COMPANY | COM | 422704106 |  | 113643 | 6100 | SH |  | SOLE |  | 6100 | 0 | 0 |
| HERSHEY CO | COM | 427866108 |  | 1746276 | 8400 | SH |  | SOLE |  | 8400 | 0 | 0 |
| HERTZ GLOBAL HLDGS INC | COM NEW | 42806J700 |  | 1452150 | 315000 | SH |  | SOLE |  | 315000 | 0 | 0 |
| HILTON GRAND VACATIONS INC | COM | 43283X105 |  | 821520 | 21000 | SH |  | SOLE |  | 21000 | 0 | 0 |
| HUMANA INC | COM | 444859102 |  | 1820595 | 10500 | SH |  | SOLE |  | 10500 | 0 | 0 |
| ICF INTL INC | COM | 44925C103 |  | 685545 | 10500 | SH |  | SOLE |  | 10500 | 0 | 0 |
| CRESCENT ENERGY COMPANY | CL A COM | 44952J104 |  | 25731 | 1906 | SH |  | SOLE |  | 1906 | 0 | 0 |
| IRHYTHM HOLDINGS INC | COM | 450056106 |  | 3469788 | 29400 | SH |  | SOLE |  | 29400 | 0 | 0 |
| IMMUNOCORE HLDGS PLC | ADS | 45258D105 |  | 1899450 | 63000 | SH |  | SOLE |  | 63000 | 0 | 0 |
| INCYTE CORP | COM | 45337C102 |  | 2964780 | 31500 | SH |  | SOLE |  | 31500 | 0 | 0 |
| INGRAM MICRO HLDG CORP | COM | 457152106 |  | 2447550 | 105000 | SH |  | SOLE |  | 105000 | 0 | 0 |
| INNOVEX INTERNATIONAL INC | COM | 457651107 |  | 1024380 | 42000 | SH |  | SOLE |  | 42000 | 0 | 0 |
| INSPIRE MED SYS INC | COM | 457730109 |  | 541590 | 10500 | SH |  | SOLE |  | 10500 | 0 | 0 |
| INNOVIVA INC | COM | 45781M101 |  | 3425100 | 147000 | SH |  | SOLE |  | 147000 | 0 | 0 |
| INTERDIGITAL INC | COM | 45867G101 |  | 1902600 | 6300 | SH |  | SOLE |  | 6300 | 0 | 0 |
| INVESCO CURRENCYSHARES EURO | EURO SHS | 46138K103 |  | 800175 | 7500 | SH |  | SOLE |  | 7500 | 0 | 0 |
| INVESCO CURRENCYSHARES BRIT | BRIT POUN STRL | 46138M109 |  | 636750 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| INVESCO CURRENCYSHARES | JAPANESE YEN | 46138W107 |  | 723500 | 12500 | SH |  | SOLE |  | 12500 | 0 | 0 |
| ZIFF DAVIS INC | COM | 48123V102 |  | 2202900 | 52500 | SH |  | SOLE |  | 52500 | 0 | 0 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 607761 | 6300 | SH |  | SOLE |  | 6300 | 0 | 0 |
| KINROSS GOLD CORP | COM | 496902404 |  | 372344 | 12200 | SH |  | SOLE |  | 12200 | 0 | 0 |
| KOHLS CORP | COM | 500255104 |  | 2709000 | 210000 | SH |  | SOLE |  | 210000 | 0 | 0 |
| KRAFT HEINZ CO | COM | 500754106 |  | 944580 | 42000 | SH |  | SOLE |  | 42000 | 0 | 0 |
| LEAR CORP | COM NEW | 521865204 |  | 1271340 | 10500 | SH |  | SOLE |  | 10500 | 0 | 0 |
| LENNAR CORP | CL A | 526057104 |  | 911820 | 10500 | SH |  | SOLE |  | 10500 | 0 | 0 |
| LYFT INC | CL A COM | 55087P104 |  | 2793000 | 210000 | SH |  | SOLE |  | 210000 | 0 | 0 |
| MSC INDL DIRECT INC | CL A | 553530106 |  | 968835 | 10500 | SH |  | SOLE |  | 10500 | 0 | 0 |
| MACYS INC | COM | 55616P104 |  | 1899450 | 105000 | SH |  | SOLE |  | 105000 | 0 | 0 |
| MADDEN STEVEN LTD | COM | 556269108 |  | 2849280 | 84000 | SH |  | SOLE |  | 84000 | 0 | 0 |
| MARATHON PETE CORP | COM | 56585A102 |  | 1025556 | 4200 | SH |  | SOLE |  | 4200 | 0 | 0 |
| MATCH GROUP INC NEW | COM | 57667L107 |  | 1934730 | 63000 | SH |  | SOLE |  | 63000 | 0 | 0 |
| MAXIMUS INC | COM | 577933104 |  | 2692200 | 42000 | SH |  | SOLE |  | 42000 | 0 | 0 |
| PEDIATRIX MEDICAL GROUP INC | COM | 58502B106 |  | 1347570 | 63000 | SH |  | SOLE |  | 63000 | 0 | 0 |
| MEDPACE HLDGS INC | COM | 58506Q109 |  | 3025197 | 6300 | SH |  | SOLE |  | 6300 | 0 | 0 |
| MERCURY GENL CORP NEW | COM | 589400100 |  | 1851150 | 21000 | SH |  | SOLE |  | 21000 | 0 | 0 |
| MONGODB INC | CL A | 60937P106 |  | 2570085 | 10500 | SH |  | SOLE |  | 10500 | 0 | 0 |
| MONTE ROSA THERAPEUTICS INC | COM | 61225M102 |  | 1036350 | 63000 | SH |  | SOLE |  | 63000 | 0 | 0 |
| MOSAIC CO | COM | 61945C103 |  | 2142000 | 84000 | SH |  | SOLE |  | 84000 | 0 | 0 |
| NRG ENERGY INC | COM NEW | 629377508 |  | 146140 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| NATIONAL VISION HLDGS INC | COM | 63845R107 |  | 2719500 | 105000 | SH |  | SOLE |  | 105000 | 0 | 0 |
| NEUROCRINE BIOSCIENCES INC | COM | 64125C109 |  | 2766540 | 21000 | SH |  | SOLE |  | 21000 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 1320650 | 12200 | SH |  | SOLE |  | 12200 | 0 | 0 |
| NEXTPOWER INC | CLASS A COM | 65290E101 |  | 2025240 | 16800 | SH |  | SOLE |  | 16800 | 0 | 0 |
| NORTHERN TR CORP | COM | 665859104 |  | 2051679 | 14700 | SH |  | SOLE |  | 14700 | 0 | 0 |
| NORTHWESTERN ENERGY GROUP IN | COM NEW | 668074305 |  | 65940 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| NOVAVAX INC | COM NEW | 670002401 |  | 341880 | 42000 | SH |  | SOLE |  | 42000 | 0 | 0 |
| NUTEX HEALTH INC | COM | 67079U306 |  | 1995840 | 21000 | SH |  | SOLE |  | 21000 | 0 | 0 |
| NUVATION BIO INC | COM CL A | 67080N101 |  | 450450 | 105000 | SH |  | SOLE |  | 105000 | 0 | 0 |
| OLLIES BARGAIN OUTLET HLDGS | COM | 681116109 |  | 1932840 | 21000 | SH |  | SOLE |  | 21000 | 0 | 0 |
| OTTER TAIL CORP | COM | 689648103 |  | 87770 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| PPL CORP | COM | 69351T106 |  | 38200 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| PVH CORPORATION | COM | 693656100 |  | 1464960 | 21000 | SH |  | SOLE |  | 21000 | 0 | 0 |
| PALOMAR HLDGS INC | COM | 69753M105 |  | 1254750 | 10500 | SH |  | SOLE |  | 10500 | 0 | 0 |
| PAN AMERN SILVER CORP | COM | 697900108 |  | 666486 | 12200 | SH |  | SOLE |  | 12200 | 0 | 0 |
| PAR PAC HOLDINGS INC | COM NEW | 69888T207 |  | 2630880 | 42000 | SH |  | SOLE |  | 42000 | 0 | 0 |
| PARAMOUNT SKYDANCE CORP | COM CL B | 69932A204 |  | 1325940 | 147000 | SH |  | SOLE |  | 147000 | 0 | 0 |
| PAYCOM SOFTWARE INC | COM | 70432V102 |  | 2041872 | 16800 | SH |  | SOLE |  | 16800 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 1630545 | 10500 | SH |  | SOLE |  | 10500 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 1179360 | 42000 | SH |  | SOLE |  | 42000 | 0 | 0 |
| PHATHOM PHARMACEUTICALS INC | COM | 71722W107 |  | 933240 | 84000 | SH |  | SOLE |  | 84000 | 0 | 0 |
| PHIBRO ANIMAL HEALTH CORP | CL A COM | 71742Q106 |  | 2323020 | 42000 | SH |  | SOLE |  | 42000 | 0 | 0 |
| PINNACLE WEST CAP CORP | COM | 723484101 |  | 100750 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| PLANET FITNESS MASTER ISSUER | CL A | 72703H101 |  | 1874376 | 25200 | SH |  | SOLE |  | 25200 | 0 | 0 |
| PORTLAND GEN ELEC CO | COM NEW | 736508847 |  | 52770 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| POST HLDGS INC | COM | 737446104 |  | 622818 | 6300 | SH |  | SOLE |  | 6300 | 0 | 0 |
| POWER SOLUTIONS INTL INC | COM NEW | 73933G202 |  | 3835440 | 63000 | SH |  | SOLE |  | 63000 | 0 | 0 |
| PRAXIS PRECISION MEDICINES I | COM NEW | 74006W207 |  | 1353198 | 4200 | SH |  | SOLE |  | 4200 | 0 | 0 |
| PROG HOLDINGS INC | COM NPV | 74319R101 |  | 1204980 | 42000 | SH |  | SOLE |  | 42000 | 0 | 0 |
| PROGYNY INC | COM | 74340E103 |  | 3565800 | 210000 | SH |  | SOLE |  | 210000 | 0 | 0 |
| PROTAGONIST THERAPEUTICS INC | COM | 74366E102 |  | 1106700 | 10500 | SH |  | SOLE |  | 10500 | 0 | 0 |
| PROTO LABS INC | COM | 743713109 |  | 2993550 | 52500 | SH |  | SOLE |  | 52500 | 0 | 0 |
| PUBLIC SVC ENTERPRISE GROUP | COM | 744573106 |  | 40475 | 500 | SH |  | SOLE |  | 500 | 0 | 0 |
| QUALYS INC | COM | 74758T303 |  | 3689700 | 42000 | SH |  | SOLE |  | 42000 | 0 | 0 |
| RPC INC | COM | 749660106 |  | 743400 | 105000 | SH |  | SOLE |  | 105000 | 0 | 0 |
| RESTAURANT BRANDS INTL INC | COM | 76131D103 |  | 3103800 | 42000 | SH |  | SOLE |  | 42000 | 0 | 0 |
| REYNOLDS CONSUMER PRODS INC | COM | 76171L106 |  | 1779120 | 84000 | SH |  | SOLE |  | 84000 | 0 | 0 |
| RIVIAN AUTOMOTIVE INC | COM CL A | 76954A103 |  | 948150 | 63000 | SH |  | SOLE |  | 63000 | 0 | 0 |
| ROYAL GOLD INC | COM | 780287108 |  | 776195 | 3050 | SH |  | SOLE |  | 3050 | 0 | 0 |
| SBA COMMUNICATIONS CORP | CL A | 78410G104 |  | 1445724 | 8400 | SH |  | SOLE |  | 8400 | 0 | 0 |
| SEZZLE INC | COM | 78435P105 |  | 3987270 | 63000 | SH |  | SOLE |  | 63000 | 0 | 0 |
| SPS COMM INC | COM | 78463M107 |  | 584535 | 10500 | SH |  | SOLE |  | 10500 | 0 | 0 |
| SSR MINING IN | COM | 784730103 |  | 896700 | 30500 | SH |  | SOLE |  | 30500 | 0 | 0 |
| SALLY BEAUTY HLDGS INC | COM | 79546E104 |  | 2908500 | 210000 | SH |  | SOLE |  | 210000 | 0 | 0 |
| SAVERS VALUE VLG INC | COM | 80517M109 |  | 2343600 | 315000 | SH |  | SOLE |  | 315000 | 0 | 0 |
| SLB LIMITED | COM STK | 806857108 |  | 2158380 | 42000 | SH |  | SOLE |  | 42000 | 0 | 0 |
| SEPTERNA INC | COM | 81734D104 |  | 2523150 | 105000 | SH |  | SOLE |  | 105000 | 0 | 0 |
| SHOALS TECHNOLOGIES GROUP IN | CL A | 82489W107 |  | 2763600 | 420000 | SH |  | SOLE |  | 420000 | 0 | 0 |
| SIBANYE STILLWATER LTD | SPONSORED ADR | 82575P107 |  | 246400 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| SMUCKER J M CO | COM NEW | 832696405 |  | 1012620 | 10500 | SH |  | SOLE |  | 10500 | 0 | 0 |
| SOLAREDGE TECHNOLOGIES INC | COM | 83417M104 |  | 3216150 | 63000 | SH |  | SOLE |  | 63000 | 0 | 0 |
| SOUTHERN CO | COM | 842587107 |  | 48260 | 500 | SH |  | SOLE |  | 500 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 1881390 | 21000 | SH |  | SOLE |  | 21000 | 0 | 0 |
| STATE STR CORP | COM | 857477103 |  | 1328880 | 10500 | SH |  | SOLE |  | 10500 | 0 | 0 |
| STOKE THERAPEUTICS INC | COM | 86150R107 |  | 2735040 | 84000 | SH |  | SOLE |  | 84000 | 0 | 0 |
| STONEX GROUP INC | COM | 861896108 |  | 1778333 | 22050 | SH |  | SOLE |  | 22050 | 0 | 0 |
| SUNRUN INC | COM | 86771W105 |  | 1423800 | 105000 | SH |  | SOLE |  | 105000 | 0 | 0 |
| SYNCHRONY FINANCIAL | COM | 87165B103 |  | 2142630 | 31500 | SH |  | SOLE |  | 31500 | 0 | 0 |
| SYSCO CORP | COM | 871829107 |  | 2246895 | 31500 | SH |  | SOLE |  | 31500 | 0 | 0 |
| TALEN ENERGY CORP | COM | 87422Q109 |  | 3351915 | 10500 | SH |  | SOLE |  | 10500 | 0 | 0 |
| TARSUS PHARMACEUTICALS INC | COM | 87650L103 |  | 1178520 | 16800 | SH |  | SOLE |  | 16800 | 0 | 0 |
| 10X GENOMICS INC | CL A COM | 88025U109 |  | 1337490 | 63000 | SH |  | SOLE |  | 63000 | 0 | 0 |
| THE TRADE DESK INC | COM CL A | 88339J105 |  | 952980 | 42000 | SH |  | SOLE |  | 42000 | 0 | 0 |
| TOOTSIE ROLL INDS INC | COM | 890516107 |  | 2772101 | 64890 | SH |  | SOLE |  | 64890 | 0 | 0 |
| TRANSMEDICS GROUP INC | COM | 89377M109 |  | 3131415 | 31500 | SH |  | SOLE |  | 31500 | 0 | 0 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 1225056 | 4200 | SH |  | SOLE |  | 4200 | 0 | 0 |
| TRINET GROUP INC | COM | 896288107 |  | 765030 | 21000 | SH |  | SOLE |  | 21000 | 0 | 0 |
| UBIQUITI INC | COM | 90353W103 |  | 3319218 | 4200 | SH |  | SOLE |  | 4200 | 0 | 0 |
| UIPATH INC | CL A | 90364P105 |  | 2331000 | 210000 | SH |  | SOLE |  | 210000 | 0 | 0 |
| UL SOLUTIONS INC | CLASS A COM SHS | 903731107 |  | 2699865 | 31500 | SH |  | SOLE |  | 31500 | 0 | 0 |
| ULTA BEAUTY INC | COM | 90384S303 |  | 3841919 | 7350 | SH |  | SOLE |  | 7350 | 0 | 0 |
| UNITED NAT FOODS INC | COM | 911163103 |  | 4731300 | 105000 | SH |  | SOLE |  | 105000 | 0 | 0 |
| UNIVERSAL DISPLAY CORP | COM | 91347P105 |  | 962430 | 10500 | SH |  | SOLE |  | 10500 | 0 | 0 |
| UNIVERSAL HLTH SVCS INC | CL B | 913903100 |  | 1879185 | 10500 | SH |  | SOLE |  | 10500 | 0 | 0 |
| UPWORK INC | COM | 91688F104 |  | 2301600 | 210000 | SH |  | SOLE |  | 210000 | 0 | 0 |
| URBAN OUTFITTERS INC | COM | 917047102 |  | 2660700 | 42000 | SH |  | SOLE |  | 42000 | 0 | 0 |
| VALLEY NATL BANCORP | COM | 919794107 |  | 1805160 | 147000 | SH |  | SOLE |  | 147000 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 2635500 | 52500 | SH |  | SOLE |  | 52500 | 0 | 0 |
| VIASAT INC | COM | 92552V100 |  | 3366300 | 73500 | SH |  | SOLE |  | 73500 | 0 | 0 |
| VISTEON CORP | COM NEW | 92839U206 |  | 2869965 | 31500 | SH |  | SOLE |  | 31500 | 0 | 0 |
| VITAL FARMS INC | COM | 92847W103 |  | 593040 | 42000 | SH |  | SOLE |  | 42000 | 0 | 0 |
| WESTERN ALLIANCE BANCORP | COM | 957638109 |  | 1487850 | 21000 | SH |  | SOLE |  | 21000 | 0 | 0 |
| WESTERN UN CO | COM | 959802109 |  | 916650 | 105000 | SH |  | SOLE |  | 105000 | 0 | 0 |
| WINGSTOP INC | COM | 974155103 |  | 2603496 | 16800 | SH |  | SOLE |  | 16800 | 0 | 0 |
| WYNN RESORTS LTD | COM | 983134107 |  | 2132550 | 21000 | SH |  | SOLE |  | 21000 | 0 | 0 |
| YETI HLDGS INC | COM | 98585X104 |  | 2305170 | 63000 | SH |  | SOLE |  | 63000 | 0 | 0 |
| ALLEGION PLC | ORD SHS | G0176J109 |  | 3051090 | 21000 | SH |  | SOLE |  | 21000 | 0 | 0 |
| ANGLOGOLD ASHANTI PLC | COM SHS | G0378L100 |  | 593896 | 6100 | SH |  | SOLE |  | 6100 | 0 | 0 |
| ARCOS DORADOS HLDGS INC | SHS CLASS -A - | G0457F107 |  | 866250 | 105000 | SH |  | SOLE |  | 105000 | 0 | 0 |
| AURA MINERALS INC | SHS NEW | G06973112 |  | 677280 | 8300 | SH |  | SOLE |  | 8300 | 0 | 0 |
| BROOKFIELD INFRASTRUCTURE PA | LP INT UNIT | G16252101 |  | 3034080 | 84000 | SH |  | SOLE |  | 84000 | 0 | 0 |
| CIMPRESS PLC | SHS EURO | G2143T103 |  | 1533000 | 21000 | SH |  | SOLE |  | 21000 | 0 | 0 |
| CREDO TECHNOLOGY GROUP HOLDI | ORDINARY SHARES | G25457105 |  | 1971270 | 21000 | SH |  | SOLE |  | 21000 | 0 | 0 |
| DOLE PLC | ORD SHS | G27907107 |  | 2100630 | 147000 | SH |  | SOLE |  | 147000 | 0 | 0 |
| DLOCAL LTD | CLASS A COM | G29018101 |  | 2723700 | 210000 | SH |  | SOLE |  | 210000 | 0 | 0 |
| APTIV PLC | COM SHS | G3265R107 |  | 2624832 | 37800 | SH |  | SOLE |  | 37800 | 0 | 0 |
| FLEX LNG LTD | SHS | G35947202 |  | 1247820 | 42000 | SH |  | SOLE |  | 42000 | 0 | 0 |
| FRESH DEL MONTE PRODUCE INC | ORD | G36738105 |  | 1690920 | 42000 | SH |  | SOLE |  | 42000 | 0 | 0 |
| GIGACLOUD TECHNOLOGY INC | CLASS A ORD | G38644103 |  | 1429470 | 31500 | SH |  | SOLE |  | 31500 | 0 | 0 |
| HAMILTON INSURANCE GROUP LTD | CL B | G42706104 |  | 1879290 | 63000 | SH |  | SOLE |  | 63000 | 0 | 0 |
| HERBALIFE LTD | COM SHS | G4412G101 |  | 927360 | 63000 | SH |  | SOLE |  | 63000 | 0 | 0 |
| IHS HOLDING LIMITED | ORD SHS | G4701H109 |  | 864150 | 105000 | SH |  | SOLE |  | 105000 | 0 | 0 |
| JAZZ PHARMACEUTICALS PLC | SHS USD | G50871105 |  | 794010 | 4200 | SH |  | SOLE |  | 4200 | 0 | 0 |
| KINIKSA PHARMACEUTICALS INTL | ORD SHS CL A | G52694109 |  | 1011150 | 21000 | SH |  | SOLE |  | 21000 | 0 | 0 |
| NOBLE CORP PLC | ORD SHS A | G65431127 |  | 2060940 | 42000 | SH |  | SOLE |  | 42000 | 0 | 0 |
| NOMAD FOODS LTD | USD ORD SHS | G6564A105 |  | 1614480 | 168000 | SH |  | SOLE |  | 168000 | 0 | 0 |
| PAGSEGURO DIGITAL LTD | COM CL A | G68707101 |  | 2104200 | 210000 | SH |  | SOLE |  | 210000 | 0 | 0 |
| PATRIA INVESTMENTS LIMITED | COM CL A | G69451105 |  | 1058400 | 84000 | SH |  | SOLE |  | 84000 | 0 | 0 |
| RENAISSANCERE HLDGS LTD | COM | G7496G103 |  | 1248366 | 4200 | SH |  | SOLE |  | 4200 | 0 | 0 |
| ROYALTY PHARMA PLC | SHS CLASS A | G7709Q104 |  | 1007370 | 21000 | SH |  | SOLE |  | 21000 | 0 | 0 |
| SENSATA TECHNOLOGIES HLDG PL | SHS | G8060N102 |  | 1479240 | 42000 | SH |  | SOLE |  | 42000 | 0 | 0 |
| SIGNET JEWELERS LIMITED | SHS | G81276100 |  | 2666160 | 31500 | SH |  | SOLE |  | 31500 | 0 | 0 |
| SIRIUSPOINT LTD | COM | G8192H106 |  | 904680 | 42000 | SH |  | SOLE |  | 42000 | 0 | 0 |
| TEEKAY CORPORATION LTD | SHS | G8726T105 |  | 769230 | 63000 | SH |  | SOLE |  | 63000 | 0 | 0 |
| TEEKAY TANKERS LTD | CL A | G8726X106 |  | 1539720 | 21000 | SH |  | SOLE |  | 21000 | 0 | 0 |
| XP INC | CL A | G98239109 |  | 1999200 | 105000 | SH |  | SOLE |  | 105000 | 0 | 0 |
| ADECOAGRO S A | COM | L00849106 |  | 1577100 | 105000 | SH |  | SOLE |  | 105000 | 0 | 0 |
| MILLICOM INTL CELLULAR S A | COM STK | L6388F110 |  | 1258992 | 16800 | SH |  | SOLE |  | 16800 | 0 | 0 |
| CHECK POINT SOFTWARE TECH LT | ORD | M22465104 |  | 2999850 | 21000 | SH |  | SOLE |  | 21000 | 0 | 0 |
| MONDAY COM LTD | SHS | M7S64H106 |  | 725655 | 10500 | SH |  | SOLE |  | 10500 | 0 | 0 |
| QIAGEN NV | ORD SHARES | N72482156 |  | 3363360 | 84000 | SH |  | SOLE |  | 84000 | 0 | 0 |
| COPA HOLDINGS SA | CL A | P31076105 |  | 1192905 | 10500 | SH |  | SOLE |  | 10500 | 0 | 0 |

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