{"url":"https://nivawealth.com/firms/hussman-strategic-advisors-109400","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/109400","regulatoryAum":617390096,"crd":"109400","history":[{"filedOn":"2021-01-12","regulatoryAum":662657944,"clients":4,"employees":6,"offices":1},{"filedOn":"2022-05-05","regulatoryAum":766563796,"clients":4,"employees":6,"offices":1},{"filedOn":"2023-02-03","regulatoryAum":807819306,"clients":4,"employees":6,"offices":1},{"filedOn":"2024-01-22","regulatoryAum":606927111,"clients":3,"employees":6,"offices":1},{"filedOn":"2025-01-27","regulatoryAum":497253060,"clients":3,"employees":6,"offices":1},{"filedOn":"2026-01-22","regulatoryAum":617390096,"clients":3,"employees":5,"offices":1}],"secFileNumber":"801-57572","legalName":"Hussman Strategic Advisors Inc","displayName":"Hussman Strategic Advisors","slug":"hussman-strategic-advisors-109400","website":"https://hussmanfunds.com/","classification":{"segment":"registered_funds","segmentLabel":"Fund management","type":"fund_manager","typeLabel":"Mutual funds & ETFs","feeDisclosure":"payment_only"},"xUrl":"http://twitter.com/hussmanfunds","founded":null,"organization":"Maryland corporation","fiscalYearEnd":"December","headquarters":{"street":"6021 University BLVD., Suite 490","city":"Ellicott City","state":"MD","stateName":"Maryland","country":"United States","postalCode":"21043"},"tradeNames":[],"registration":{"secApproved":"19 May 2000","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":5,"advisory":2,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":617390096,"discretionary":617390096,"discretionaryAccounts":3,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Investment companies","clients":3,"regulatoryAum":617390096}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"Hussman Strategic Advisors does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"John Hussman","title":"President","crd":"2429928"},{"name":"Brooke Steinau","title":"Chief Compliance Officer","crd":"4231513"}],"ownership":[{"label":"John Hussman","detail":"President in the 75% or more ownership band and a control person, since August 1999."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Maryland","offices":1,"addresses":[{"street":"6021 University BLVD., Suite 490","city":"Ellicott City","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"410-715-1130","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Portfolio management for investment companies"],"financialPlanningClients":"0","assetMix":[],"privateFunds":0},"sources":{"adv1FilingDate":"22 January 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/109400/PDF/109400.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Hussman Strategic Advisors have?","answer":"Hussman Strategic Advisors has 3 clients and manages $617 million for them, as of January 2026. They include 3 investment companies.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 22 January 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Hussman Strategic Advisors offer?","answer":"Hussman Strategic Advisors provides portfolio management for investment companies.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does Hussman Strategic Advisors have?","answer":"Hussman Strategic Advisors has 0 investment adviser representatives registered with state securities authorities, out of 5 employees, and 2 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Hussman Strategic Advisors?","answer":"Hussman Strategic Advisors’ direct owner is John Hussman (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 22 January 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Hussman Strategic Advisors get paid?","answer":"Hussman Strategic Advisors is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Hussman Strategic Advisors?","answer":"Hussman Strategic Advisors’ main office is at 6021 University BLVD., Suite 490, Ellicott City, MD 21043. Its phone number is 410-715-1130. Its website is hussmanfunds.com.","source":"Form ADV Part 1A, Item 1.F, filed 22 January 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":{"url":"https://nivawealth.com/firms/hussman-strategic-advisors-109400/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-03","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1179475/000139834426013356/0001398344-26-013356-index.html","totalValue":434028328,"positionCount":231,"top10Share":0.10404235642425626,"top10":[{"issuer":"PEPSICO INC","titleOfClass":"COM","cusip":"713448108","value":5118120,"shares":37800,"shareType":"SH","priorValue":1630545,"priorShares":10500},{"issuer":"UBIQUITI INC","titleOfClass":"COM","cusip":"90353W103","value":5046584,"shares":9450,"shareType":"SH","priorValue":3319218,"priorShares":4200},{"issuer":"INCYTE CORP","titleOfClass":"COM","cusip":"45337C102","value":4761120,"shares":42000,"shareType":"SH","priorValue":2964780,"priorShares":31500},{"issuer":"VIASAT INC","titleOfClass":"COM","cusip":"92552V100","value":4715025,"shares":52500,"shareType":"SH","priorValue":3366300,"priorShares":73500},{"issuer":"NEUROCRINE BIOSCIENCES INC","titleOfClass":"COM","cusip":"64125C109","value":4601006,"shares":27300,"shareType":"SH","priorValue":2766540,"priorShares":21000},{"issuer":"BIOGEN INC","titleOfClass":"COM","cusip":"09062X103","value":4537260,"shares":21000,"shareType":"SH","priorValue":1154979,"priorShares":6300},{"issuer":"HERSHEY CO","titleOfClass":"COM","cusip":"427866108","value":4421340,"shares":25200,"shareType":"SH","priorValue":1746276,"priorShares":8400},{"issuer":"CIMPRESS PLC","titleOfClass":"SHS EURO","cusip":"G2143T103","value":4271400,"shares":42000,"shareType":"SH","priorValue":1533000,"priorShares":21000},{"issuer":"ZIFF DAVIS INC","titleOfClass":"COM","cusip":"48123V102","value":3849195,"shares":73500,"shareType":"SH","priorValue":2202900,"priorShares":52500},{"issuer":"UNITED NAT FOODS INC","titleOfClass":"COM","cusip":"911163103","value":3836280,"shares":84000,"shareType":"SH","priorValue":4731300,"priorShares":105000}],"positionsListed":200,"positions":[{"issuer":"PEPSICO INC","titleOfClass":"COM","cusip":"713448108","value":5118120,"shares":37800,"shareType":"SH","priorValue":1630545,"priorShares":10500},{"issuer":"UBIQUITI INC","titleOfClass":"COM","cusip":"90353W103","value":5046584,"shares":9450,"shareType":"SH","priorValue":3319218,"priorShares":4200},{"issuer":"INCYTE CORP","titleOfClass":"COM","cusip":"45337C102","value":4761120,"shares":42000,"shareType":"SH","priorValue":2964780,"priorShares":31500},{"issuer":"VIASAT INC","titleOfClass":"COM","cusip":"92552V100","value":4715025,"shares":52500,"shareType":"SH","priorValue":3366300,"priorShares":73500},{"issuer":"NEUROCRINE BIOSCIENCES INC","titleOfClass":"COM","cusip":"64125C109","value":4601006,"shares":27300,"shareType":"SH","priorValue":2766540,"priorShares":21000},{"issuer":"BIOGEN INC","titleOfClass":"COM","cusip":"09062X103","value":4537260,"shares":21000,"shareType":"SH","priorValue":1154979,"priorShares":6300},{"issuer":"HERSHEY CO","titleOfClass":"COM","cusip":"427866108","value":4421340,"shares":25200,"shareType":"SH","priorValue":1746276,"priorShares":8400},{"issuer":"CIMPRESS PLC","titleOfClass":"SHS EURO","cusip":"G2143T103","value":4271400,"shares":42000,"shareType":"SH","priorValue":1533000,"priorShares":21000},{"issuer":"ZIFF DAVIS INC","titleOfClass":"COM","cusip":"48123V102","value":3849195,"shares":73500,"shareType":"SH","priorValue":2202900,"priorShares":52500},{"issuer":"UNITED NAT FOODS INC","titleOfClass":"COM","cusip":"911163103","value":3836280,"shares":84000,"shareType":"SH","priorValue":4731300,"priorShares":105000},{"issuer":"ULTA BEAUTY INC","titleOfClass":"COM","cusip":"90384S303","value":3788232,"shares":8400,"shareType":"SH","priorValue":3841919,"priorShares":7350},{"issuer":"THE CAMPBELLS COMPANY","titleOfClass":"COM","cusip":"134429109","value":3741360,"shares":168000,"shareType":"SH","priorValue":4676700,"priorShares":210000},{"issuer":"GENERAL MILLS INC","titleOfClass":"COM","cusip":"370334104","value":3654000,"shares":105000,"shareType":"SH","priorValue":2344860,"priorShares":63000},{"issuer":"TERADATA CORP DEL","titleOfClass":"COM","cusip":"88076W103","value":3638250,"shares":105000,"shareType":"SH"},{"issuer":"DOLLAR GEN CORP","titleOfClass":"COM","cusip":"256677105","value":3625965,"shares":31500,"shareType":"SH","priorValue":3739995,"priorShares":31500},{"issuer":"AMERICAN EAGLE OUTFITTERS IN","titleOfClass":"COM","cusip":"02553E106","value":3612000,"shares":210000,"shareType":"SH","priorValue":3507000,"priorShares":210000},{"issuer":"PACS GROUP INC","titleOfClass":"COM SHS","cusip":"69380Q107","value":3581760,"shares":84000,"shareType":"SH"},{"issuer":"AURINIA PHARMACEUTICALS INC","titleOfClass":"COM","cusip":"05156V102","value":3563700,"shares":210000,"shareType":"SH","priorValue":1244880,"priorShares":84000},{"issuer":"MADDEN STEVEN LTD","titleOfClass":"COM","cusip":"556269108","value":3536400,"shares":84000,"shareType":"SH","priorValue":2849280,"priorShares":84000},{"issuer":"PROVIDENT FINL SVCS INC","titleOfClass":"COM","cusip":"74386T105","value":3475080,"shares":147000,"shareType":"SH"},{"issuer":"PROTO LABS INC","titleOfClass":"COM","cusip":"743713109","value":3423420,"shares":42000,"shareType":"SH","priorValue":2993550,"priorShares":52500},{"issuer":"APA CORPORATION","titleOfClass":"COM","cusip":"03743Q108","value":3419850,"shares":105000,"shareType":"SH","priorValue":4456200,"priorShares":105000},{"issuer":"NEWMONT CORP","titleOfClass":"COM","cusip":"651639106","value":3418440,"shares":36600,"shareType":"SH","priorValue":1320650,"priorShares":12200},{"issuer":"BARRICK MNG CORP","titleOfClass":"COM SHS","cusip":"06849F108","value":3360795,"shares":91500,"shareType":"SH","priorValue":1244095,"priorShares":30500},{"issuer":"MERCURY GENL CORP NEW","titleOfClass":"COM","cusip":"589400100","value":3358530,"shares":31500,"shareType":"SH","priorValue":1851150,"priorShares":21000},{"issuer":"MEDPACE HLDGS INC","titleOfClass":"COM","cusip":"58506Q109","value":3336417,"shares":6300,"shareType":"SH","priorValue":3025197,"priorShares":6300},{"issuer":"TOOTSIE ROLL INDS INC","titleOfClass":"COM","cusip":"890516107","value":3322200,"shares":84000,"shareType":"SH","priorValue":2772101,"priorShares":64890},{"issuer":"GLOBUS MED INC","titleOfClass":"CL A","cusip":"379577208","value":3318420,"shares":42000,"shareType":"SH"},{"issuer":"SALESFORCE INC","titleOfClass":"COM","cusip":"79466L302","value":3289860,"shares":21000,"shareType":"SH"},{"issuer":"HALOZYME THERAPEUTICS INC","titleOfClass":"COM","cusip":"40637H109","value":3287340,"shares":42000,"shareType":"SH","priorValue":3393075,"priorShares":52500},{"issuer":"BANK OZK LITTLE ROCK ARK","titleOfClass":"COM","cusip":"06417N103","value":3281670,"shares":63000,"shareType":"SH"},{"issuer":"REGENERON PHARMACEUTICALS","titleOfClass":"COM","cusip":"75886F107","value":3273585,"shares":5250,"shareType":"SH"},{"issuer":"MATCH GROUP INC NEW","titleOfClass":"COM","cusip":"57667L107","value":3196200,"shares":84000,"shareType":"SH","priorValue":1934730,"priorShares":63000},{"issuer":"ETSY INC","titleOfClass":"COM","cusip":"29786A106","value":3163860,"shares":42000,"shareType":"SH","priorValue":4198320,"priorShares":84000},{"issuer":"VISTEON CORP","titleOfClass":"COM NEW","cusip":"92839U206","value":3125115,"shares":31500,"shareType":"SH","priorValue":2869965,"priorShares":31500},{"issuer":"YETI HLDGS INC","titleOfClass":"COM","cusip":"98585X104","value":3122280,"shares":63000,"shareType":"SH","priorValue":2305170,"priorShares":63000},{"issuer":"HEALTHCARE SVCS GROUP INC","titleOfClass":"COM","cusip":"421906108","value":3094560,"shares":126000,"shareType":"SH","priorValue":3116400,"priorShares":168000},{"issuer":"AMGEN INC","titleOfClass":"COM","cusip":"031162100","value":3041808,"shares":8400,"shareType":"SH","priorValue":1847213,"priorShares":5250},{"issuer":"NEXTPOWER INC","titleOfClass":"CLASS A COM","cusip":"65290E101","value":3002328,"shares":25200,"shareType":"SH","priorValue":2025240,"priorShares":16800},{"issuer":"ALPHABET INC","titleOfClass":"CAP STK CL A","cusip":"02079K305","value":3001908,"shares":8400,"shareType":"SH"},{"issuer":"T1 ENERGY INC","titleOfClass":"COM NEW","cusip":"35834F104","value":2986200,"shares":315000,"shareType":"SH"},{"issuer":"INHIBRX BIOSCIENCES INC","titleOfClass":"COM","cusip":"45720N103","value":2984625,"shares":31500,"shareType":"SH"},{"issuer":"AKAMAI TECHNOLOGIES INC","titleOfClass":"COM","cusip":"00971T101","value":2978892,"shares":25200,"shareType":"SH","priorValue":1205925,"priorShares":10500},{"issuer":"URBAN OUTFITTERS INC","titleOfClass":"COM","cusip":"917047102","value":2976120,"shares":42000,"shareType":"SH","priorValue":2660700,"priorShares":42000},{"issuer":"MACYS INC","titleOfClass":"COM","cusip":"55616P104","value":2967300,"shares":126000,"shareType":"SH","priorValue":1899450,"priorShares":105000},{"issuer":"BREAD FINANCIAL HOLDINGS INC","titleOfClass":"COM","cusip":"018581108","value":2957955,"shares":27300,"shareType":"SH","priorValue":2359035,"priorShares":31500},{"issuer":"AMERESCO INC","titleOfClass":"CL A","cusip":"02361E108","value":2898000,"shares":105000,"shareType":"SH","priorValue":3213000,"priorShares":126000},{"issuer":"TG THERAPEUTICS INC","titleOfClass":"COM","cusip":"88322Q108","value":2884350,"shares":52500,"shareType":"SH"},{"issuer":"AGNICO EAGLE MINES LTD","titleOfClass":"COM","cusip":"008474108","value":2838879,"shares":18300,"shareType":"SH","priorValue":1238178,"priorShares":6100},{"issuer":"LEAR CORP","titleOfClass":"COM NEW","cusip":"521865204","value":2815260,"shares":21000,"shareType":"SH","priorValue":1271340,"priorShares":10500},{"issuer":"SM ENERGY COMPANY","titleOfClass":"COM","cusip":"78454L100","value":2740500,"shares":105000,"shareType":"SH"},{"issuer":"PHOTRONICS INC","titleOfClass":"COM","cusip":"719405102","value":2732520,"shares":84000,"shareType":"SH"},{"issuer":"FASTLY INC","titleOfClass":"CL A","cusip":"31188V100","value":2698920,"shares":147000,"shareType":"SH","priorValue":3051300,"priorShares":105000},{"issuer":"BROOKFIELD INFRASTRUCTURE PA","titleOfClass":"LP INT UNIT","cusip":"G16252101","value":2682015,"shares":73500,"shareType":"SH","priorValue":3034080,"priorShares":84000},{"issuer":"BUCKLE INC","titleOfClass":"COM","cusip":"118440106","value":2658600,"shares":63000,"shareType":"SH","priorValue":2115120,"priorShares":42000},{"issuer":"AMERICAN AIRLINES GROUP INC","titleOfClass":"COM","cusip":"02376R102","value":2656290,"shares":147000,"shareType":"SH","priorValue":2255400,"priorShares":210000},{"issuer":"GIGACLOUD TECHNOLOGY INC","titleOfClass":"CLASS A ORD","cusip":"G38644103","value":2654400,"shares":84000,"shareType":"SH","priorValue":1429470,"priorShares":31500},{"issuer":"FIVE BELOW INC","titleOfClass":"COM","cusip":"33829M101","value":2642913,"shares":14700,"shareType":"SH","priorValue":2878848,"priorShares":12600},{"issuer":"SAREPTA THERAPEUTICS INC","titleOfClass":"COM","cusip":"803607100","value":2641590,"shares":147000,"shareType":"SH"},{"issuer":"MATADOR RES CO","titleOfClass":"COM","cusip":"576485205","value":2613450,"shares":52500,"shareType":"SH"},{"issuer":"ADVANCE AUTO PARTS INC","titleOfClass":"COM","cusip":"00751Y106","value":2613240,"shares":42000,"shareType":"SH","priorValue":2215500,"priorShares":42000},{"issuer":"ANI PHARMACEUTICALS INC","titleOfClass":"COM","cusip":"00182C103","value":2607570,"shares":31500,"shareType":"SH","priorValue":4037250,"priorShares":52500},{"issuer":"CVS HEALTH CORP","titleOfClass":"COM","cusip":"126650100","value":2606940,"shares":25200,"shareType":"SH","priorValue":3016440,"priorShares":42000},{"issuer":"DEVON ENERGY CORP NEW","titleOfClass":"COM","cusip":"25179M103","value":2603160,"shares":63000,"shareType":"SH","priorValue":2113440,"priorShares":42000},{"issuer":"CARTERS INC","titleOfClass":"COM","cusip":"146229109","value":2593080,"shares":63000,"shareType":"SH","priorValue":750960,"priorShares":21000},{"issuer":"DIAMONDBACK ENERGY INC","titleOfClass":"COM","cusip":"25278X109","value":2583966,"shares":14700,"shareType":"SH","priorValue":2076795,"priorShares":10500},{"issuer":"APTIV PLC","titleOfClass":"COM SHS","cusip":"G3265R107","value":2577960,"shares":42000,"shareType":"SH","priorValue":2624832,"priorShares":37800},{"issuer":"PTC THERAPEUTICS INC","titleOfClass":"COM","cusip":"69366J200","value":2569455,"shares":31500,"shareType":"SH"},{"issuer":"ARCHER DANIELS MIDLAND CO","titleOfClass":"COM","cusip":"039483102","value":2567040,"shares":33600,"shareType":"SH","priorValue":3052980,"priorShares":42000},{"issuer":"CHENIERE ENERGY PARTNERS L P","titleOfClass":"COM UNIT","cusip":"16411Q101","value":2559900,"shares":42000,"shareType":"SH","priorValue":2714460,"priorShares":42000},{"issuer":"NORTHERN TR CORP","titleOfClass":"COM","cusip":"665859104","value":2555448,"shares":14700,"shareType":"SH","priorValue":2051679,"priorShares":14700},{"issuer":"BANKUNITED INC","titleOfClass":"COM","cusip":"06652K103","value":2543625,"shares":52500,"shareType":"SH","priorValue":1422540,"priorShares":31500},{"issuer":"SUNRUN INC","titleOfClass":"COM","cusip":"86771W105","value":2528820,"shares":189000,"shareType":"SH","priorValue":1423800,"priorShares":105000},{"issuer":"SHOALS TECHNOLOGIES GROUP IN","titleOfClass":"CL A","cusip":"82489W107","value":2494800,"shares":252000,"shareType":"SH","priorValue":2763600,"priorShares":420000},{"issuer":"IPG PHOTONICS CORP","titleOfClass":"COM","cusip":"44980X109","value":2463720,"shares":21000,"shareType":"SH"},{"issuer":"SOLAREDGE TECHNOLOGIES INC","titleOfClass":"COM","cusip":"83417M104","value":2454480,"shares":42000,"shareType":"SH","priorValue":3216150,"priorShares":63000},{"issuer":"COGNIZANT TECHNOLOGY SOLUTIO","titleOfClass":"CL A","cusip":"192446102","value":2439990,"shares":63000,"shareType":"SH","priorValue":1288350,"priorShares":21000},{"issuer":"SYNCHRONY FINANCIAL","titleOfClass":"COM","cusip":"87165B103","value":2395575,"shares":31500,"shareType":"SH","priorValue":2142630,"priorShares":31500},{"issuer":"INNOVIVA INC","titleOfClass":"COM","cusip":"45781M101","value":2384550,"shares":105000,"shareType":"SH","priorValue":3425100,"priorShares":147000},{"issuer":"VENTURE GLOBAL INC","titleOfClass":"COM CL A","cusip":"92333F101","value":2337300,"shares":210000,"shareType":"SH"},{"issuer":"GENPACT LIMITED","titleOfClass":"SHS","cusip":"G3922B107","value":2310000,"shares":84000,"shareType":"SH"},{"issuer":"INGRAM MICRO HLDG CORP","titleOfClass":"COM","cusip":"457152106","value":2304120,"shares":84000,"shareType":"SH","priorValue":2447550,"priorShares":105000},{"issuer":"VALARIS LTD","titleOfClass":"CL A","cusip":"G9460G101","value":2286900,"shares":31500,"shareType":"SH"},{"issuer":"EXELIXIS INC","titleOfClass":"COM","cusip":"30161Q104","value":2285220,"shares":42000,"shareType":"SH","priorValue":1801380,"priorShares":42000},{"issuer":"RESTAURANT BRANDS INTL INC","titleOfClass":"COM","cusip":"76131D103","value":2284065,"shares":31500,"shareType":"SH","priorValue":3103800,"priorShares":42000},{"issuer":"CF INDUSTRIES HOLD","titleOfClass":"COM","cusip":"125269100","value":2273460,"shares":21000,"shareType":"SH"},{"issuer":"ACADIAN ASSET MANAGEMENT INC","titleOfClass":"COM","cusip":"10948W103","value":2252880,"shares":31500,"shareType":"SH","priorValue":2285640,"priorShares":42000},{"issuer":"VERIZON COMMUNICATIONS INC","titleOfClass":"COM","cusip":"92343V104","value":2222850,"shares":52500,"shareType":"SH","priorValue":2635500,"priorShares":52500},{"issuer":"ILLUMINA INC","titleOfClass":"COM","cusip":"452327109","value":2215458,"shares":12600,"shareType":"SH"},{"issuer":"ALKERMES PLC","titleOfClass":"SHS","cusip":"G01767105","value":2200590,"shares":42000,"shareType":"SH"},{"issuer":"DLOCAL LTD","titleOfClass":"CLASS A COM","cusip":"G29018101","value":2183160,"shares":168000,"shareType":"SH","priorValue":2723700,"priorShares":210000},{"issuer":"EPAM SYS INC","titleOfClass":"COM","cusip":"29414B104","value":2166255,"shares":27300,"shareType":"SH","priorValue":2843400,"priorShares":21000},{"issuer":"SOUTHWEST AIRLS CO","titleOfClass":"COM","cusip":"844741108","value":2159640,"shares":42000,"shareType":"SH"},{"issuer":"VALLEY NATL BANCORP","titleOfClass":"COM","cusip":"919794107","value":2153550,"shares":147000,"shareType":"SH","priorValue":1805160,"priorShares":147000},{"issuer":"ADOBE INC","titleOfClass":"COM","cusip":"00724F101","value":2152710,"shares":10500,"shareType":"SH","priorValue":2552340,"priorShares":10500},{"issuer":"ARDELYX INC","titleOfClass":"COM","cusip":"039697107","value":2142000,"shares":420000,"shareType":"SH"},{"issuer":"HAMILTON INSURANCE GROUP LTD","titleOfClass":"CL B","cusip":"G42706104","value":2138220,"shares":63000,"shareType":"SH","priorValue":1879290,"priorShares":63000},{"issuer":"SEPTERNA INC","titleOfClass":"COM","cusip":"81734D104","value":2109870,"shares":63000,"shareType":"SH","priorValue":2523150,"priorShares":105000},{"issuer":"BIOCRYST PHARMACEUTICALS INC","titleOfClass":"COM","cusip":"09058V103","value":2100000,"shares":210000,"shareType":"SH"},{"issuer":"FLUENCE ENERGY INC","titleOfClass":"COM CL A","cusip":"34379V103","value":2087400,"shares":105000,"shareType":"SH","priorValue":2889600,"priorShares":210000},{"issuer":"RENAISSANCERE HLDGS LTD","titleOfClass":"COM","cusip":"G7496G103","value":1996470,"shares":6300,"shareType":"SH","priorValue":1248366,"priorShares":4200},{"issuer":"FIRST SOLAR INC","titleOfClass":"COM","cusip":"336433107","value":1982064,"shares":8400,"shareType":"SH","priorValue":2071230,"priorShares":10500},{"issuer":"ACADEMY SPORTS & OUTDOORS IN","titleOfClass":"COM","cusip":"00402L107","value":1979460,"shares":42000,"shareType":"SH"},{"issuer":"SLB LIMITED","titleOfClass":"COM STK","cusip":"806857108","value":1952580,"shares":42000,"shareType":"SH","priorValue":2158380,"priorShares":42000},{"issuer":"RAMBUS INC DEL","titleOfClass":"COM","cusip":"750917106","value":1951278,"shares":14700,"shareType":"SH"},{"issuer":"ASTRANA HEALTH INC","titleOfClass":"COM NEW","cusip":"03763A207","value":1949220,"shares":42000,"shareType":"SH","priorValue":1544760,"priorShares":63000},{"issuer":"COLGATE PALMOLIVE CO","titleOfClass":"COM","cusip":"194162103","value":1925280,"shares":21000,"shareType":"SH","priorValue":1789830,"priorShares":21000},{"issuer":"PAGSEGURO DIGITAL LTD","titleOfClass":"COM CL A","cusip":"G68707101","value":1900500,"shares":210000,"shareType":"SH","priorValue":2104200,"priorShares":210000},{"issuer":"CIRRUS LOGIC INC","titleOfClass":"COM","cusip":"172755100","value":1871478,"shares":12600,"shareType":"SH","priorValue":3037020,"priorShares":21000},{"issuer":"POST HLDGS INC","titleOfClass":"COM","cusip":"737446104","value":1853460,"shares":21000,"shareType":"SH","priorValue":622818,"priorShares":6300},{"issuer":"SUPER MICRO COMPUTER INC","titleOfClass":"COM NEW","cusip":"86800U302","value":1847790,"shares":63000,"shareType":"SH"},{"issuer":"SYNDAX PHARMACEUTICALS INC","titleOfClass":"COM","cusip":"87164F105","value":1836240,"shares":84000,"shareType":"SH"},{"issuer":"STATE STR CORP","titleOfClass":"COM","cusip":"857477103","value":1780800,"shares":10500,"shareType":"SH","priorValue":1328880,"priorShares":10500},{"issuer":"PAR PAC HOLDINGS INC","titleOfClass":"COM NEW","cusip":"69888T207","value":1766520,"shares":31500,"shareType":"SH","priorValue":2630880,"priorShares":42000},{"issuer":"COSTAMARE INC","titleOfClass":"SHS","cusip":"Y1771G102","value":1766520,"shares":126000,"shareType":"SH"},{"issuer":"CLEAR SECURE INC","titleOfClass":"COM CL A","cusip":"18467V109","value":1755495,"shares":31500,"shareType":"SH","priorValue":2541525,"priorShares":52500},{"issuer":"ARROWHEAD PHARMACEUTICALS IN","titleOfClass":"COM","cusip":"04280A100","value":1711710,"shares":21000,"shareType":"SH"},{"issuer":"EXPEDITORS INTL WASH INC","titleOfClass":"COM","cusip":"302130109","value":1711290,"shares":10500,"shareType":"SH","priorValue":1503915,"priorShares":10500},{"issuer":"COCA COLA CO","titleOfClass":"COM","cusip":"191216100","value":1706670,"shares":21000,"shareType":"SH","priorValue":1597050,"priorShares":21000},{"issuer":"REYNOLDS CONSUMER PRODS INC","titleOfClass":"COM","cusip":"76171L106","value":1691550,"shares":63000,"shareType":"SH","priorValue":1779120,"priorShares":84000},{"issuer":"FORESTAR GROUP INC","titleOfClass":"COM","cusip":"346232101","value":1661625,"shares":52500,"shareType":"SH","priorValue":1026480,"priorShares":42000},{"issuer":"CUSTOMERS BANCORP INC","titleOfClass":"COM","cusip":"23204G100","value":1661100,"shares":21000,"shareType":"SH"},{"issuer":"HA SUSTAINABLE INFRA CAP INC","titleOfClass":"COM","cusip":"41068X100","value":1640100,"shares":42000,"shareType":"SH"},{"issuer":"RINGCENTRAL INC","titleOfClass":"CL A","cusip":"76680R206","value":1637160,"shares":42000,"shareType":"SH"},{"issuer":"FRONTDOOR INC","titleOfClass":"COM","cusip":"35905A109","value":1629390,"shares":21000,"shareType":"SH","priorValue":1665090,"priorShares":31500},{"issuer":"FIRST INTST BANCSYSTEM INC","titleOfClass":"COM","cusip":"32055Y201","value":1619520,"shares":42000,"shareType":"SH"},{"issuer":"GENERAL MTRS CO","titleOfClass":"COM","cusip":"37045V100","value":1618680,"shares":21000,"shareType":"SH"},{"issuer":"OLLIES BARGAIN OUTLET HLDGS","titleOfClass":"COM","cusip":"681116109","value":1614480,"shares":21000,"shareType":"SH","priorValue":1932840,"priorShares":21000},{"issuer":"WAFD INC","titleOfClass":"COM","cusip":"938824109","value":1611540,"shares":42000,"shareType":"SH"},{"issuer":"10X GENOMICS INC","titleOfClass":"CL A COM","cusip":"88025U109","value":1610280,"shares":42000,"shareType":"SH","priorValue":1337490,"priorShares":63000},{"issuer":"PEDIATRIX MEDICAL GROUP INC","titleOfClass":"COM","cusip":"58502B106","value":1595790,"shares":63000,"shareType":"SH","priorValue":1347570,"priorShares":63000},{"issuer":"ACADIA PHARMACEUTICALS INC","titleOfClass":"COM","cusip":"004225108","value":1593900,"shares":63000,"shareType":"SH","priorValue":3739680,"priorShares":168000},{"issuer":"GENTEX CORP","titleOfClass":"COM","cusip":"371901109","value":1592010,"shares":63000,"shareType":"SH","priorValue":1376550,"priorShares":63000},{"issuer":"GAP INC","titleOfClass":"COM","cusip":"364760108","value":1569120,"shares":84000,"shareType":"SH","priorValue":2541000,"priorShares":105000},{"issuer":"NOBLE CORP PLC","titleOfClass":"ORD SHS A","cusip":"G65431127","value":1566600,"shares":42000,"shareType":"SH","priorValue":2060940,"priorShares":42000},{"issuer":"UNIVERSAL HLTH SVCS INC","titleOfClass":"CL B","cusip":"913903100","value":1561245,"shares":10500,"shareType":"SH","priorValue":1879185,"priorShares":10500},{"issuer":"PVH CORPORATION","titleOfClass":"COM","cusip":"693656100","value":1559460,"shares":21000,"shareType":"SH","priorValue":1464960,"priorShares":21000},{"issuer":"SENSATA TECHNOLOGIES HLDG PL","titleOfClass":"SHS","cusip":"G8060N102","value":1503810,"shares":31500,"shareType":"SH","priorValue":1479240,"priorShares":42000},{"issuer":"LINCOLN NATL CORP IND","titleOfClass":"COM","cusip":"534187109","value":1484700,"shares":42000,"shareType":"SH"},{"issuer":"ALPHABET INC","titleOfClass":"CAP STK CL C","cusip":"02079K107","value":1483986,"shares":4200,"shareType":"SH"},{"issuer":"SBA COMMUNICATIONS CORP","titleOfClass":"CL A","cusip":"78410G104","value":1482264,"shares":8400,"shareType":"SH","priorValue":1445724,"priorShares":8400},{"issuer":"WEX INC","titleOfClass":"COM","cusip":"96208T104","value":1481445,"shares":10500,"shareType":"SH"},{"issuer":"CITIGROUP INC","titleOfClass":"COM NEW","cusip":"172967424","value":1469580,"shares":10500,"shareType":"SH","priorValue":1190805,"priorShares":10500},{"issuer":"AMPRIUS TECHNOLOGIES INC","titleOfClass":"COMMON STOCK","cusip":"03214Q108","value":1455300,"shares":105000,"shareType":"SH","priorValue":2478420,"priorShares":147000},{"issuer":"POLARIS INC","titleOfClass":"COM","cusip":"731068102","value":1437240,"shares":21000,"shareType":"SH"},{"issuer":"HALLIBURTON CO","titleOfClass":"COM","cusip":"406216101","value":1425900,"shares":42000,"shareType":"SH"},{"issuer":"ANAPTYSBIO INC","titleOfClass":"COM","cusip":"032724106","value":1417500,"shares":21000,"shareType":"SH","priorValue":1164660,"priorShares":21000},{"issuer":"PRAXIS PRECISION MEDICINES I","titleOfClass":"COM NEW","cusip":"74006W207","value":1406118,"shares":4200,"shareType":"SH","priorValue":1353198,"priorShares":4200},{"issuer":"HELMERICH & PAYNE INC","titleOfClass":"COM","cusip":"423452101","value":1375080,"shares":42000,"shareType":"SH"},{"issuer":"STOKE THERAPEUTICS INC","titleOfClass":"COM","cusip":"86150R107","value":1374240,"shares":42000,"shareType":"SH","priorValue":2735040,"priorShares":84000},{"issuer":"RED ROCK RESORTS INC","titleOfClass":"CL A","cusip":"75700L108","value":1366260,"shares":21000,"shareType":"SH"},{"issuer":"TEEKAY TANKERS LTD","titleOfClass":"CL A","cusip":"G8726X106","value":1362270,"shares":21000,"shareType":"SH","priorValue":1539720,"priorShares":21000},{"issuer":"MACH NATURAL RESOURCES LP","titleOfClass":"COM UN LT PA IN","cusip":"55445L100","value":1327200,"shares":105000,"shareType":"SH"},{"issuer":"TARSUS PHARMACEUTICALS INC","titleOfClass":"COM","cusip":"87650L103","value":1321740,"shares":21000,"shareType":"SH","priorValue":1178520,"priorShares":16800},{"issuer":"PHIBRO ANIMAL HEALTH CORP","titleOfClass":"CL A COM","cusip":"71742Q106","value":1318800,"shares":42000,"shareType":"SH","priorValue":2323020,"priorShares":42000},{"issuer":"ACCENTURE PLC IRELAND","titleOfClass":"SHS CLASS A","cusip":"G1151C101","value":1306620,"shares":10500,"shareType":"SH"},{"issuer":"IMMUNITYBIO INC","titleOfClass":"COM","cusip":"45256X103","value":1286985,"shares":147000,"shareType":"SH"},{"issuer":"BOOZ ALLEN HAMILTON HLDG COR","titleOfClass":"CL A","cusip":"099502106","value":1274070,"shares":21000,"shareType":"SH"},{"issuer":"DOMINOS PIZZA INC","titleOfClass":"COM","cusip":"25754A201","value":1243368,"shares":4200,"shareType":"SH","priorValue":2260377,"priorShares":6300},{"issuer":"GLOBANT S A","titleOfClass":"COM","cusip":"L44385109","value":1215480,"shares":42000,"shareType":"SH"},{"issuer":"UNITI GROUP LLC","titleOfClass":"COM SHS","cusip":"912932100","value":1204350,"shares":105000,"shareType":"SH"},{"issuer":"LULULEMON ATHLETICA INC","titleOfClass":"COM","cusip":"550021109","value":1198890,"shares":10500,"shareType":"SH"},{"issuer":"SMUCKER J M CO","titleOfClass":"COM NEW","cusip":"832696405","value":1181250,"shares":10500,"shareType":"SH","priorValue":1012620,"priorShares":10500},{"issuer":"FLEX LNG LTD","titleOfClass":"SHS","cusip":"G35947202","value":1178520,"shares":42000,"shareType":"SH","priorValue":1247820,"priorShares":42000},{"issuer":"ROYALTY PHARMA PLC","titleOfClass":"SHS CLASS A","cusip":"G7709Q104","value":1177470,"shares":21000,"shareType":"SH","priorValue":1007370,"priorShares":21000},{"issuer":"CVR PARTNERS LP/CVR NITROGEN","titleOfClass":"COM","cusip":"126633205","value":1170540,"shares":10500,"shareType":"SH"},{"issuer":"MATTEL INC","titleOfClass":"COM","cusip":"577081102","value":1165920,"shares":84000,"shareType":"SH"},{"issuer":"CALIFORNIA RES CORP","titleOfClass":"COM STOCK","cusip":"13057Q305","value":1163140,"shares":22000,"shareType":"SH","priorValue":69220,"priorShares":1000},{"issuer":"FEDERATED HERMES INC","titleOfClass":"CL B","cusip":"314211103","value":1159620,"shares":21000,"shareType":"SH","priorValue":595455,"priorShares":10500},{"issuer":"UNITED THERAPEUTICS CORP DEL","titleOfClass":"COM","cusip":"91307C102","value":1137843,"shares":2100,"shareType":"SH"},{"issuer":"LUMEN TECHNOLOGIES INC","titleOfClass":"COM","cusip":"550241103","value":1128960,"shares":147000,"shareType":"SH"},{"issuer":"MAXIMUS INC","titleOfClass":"COM","cusip":"577933104","value":1128960,"shares":21000,"shareType":"SH","priorValue":2692200,"priorShares":42000},{"issuer":"MADRIGAL PHARMACEUTICALS INC","titleOfClass":"COM","cusip":"558868105","value":1127595,"shares":2100,"shareType":"SH"},{"issuer":"LCI INDS","titleOfClass":"COM","cusip":"50189K103","value":1111740,"shares":10500,"shareType":"SH"},{"issuer":"INNOVEX INTERNATIONAL INC","titleOfClass":"COM","cusip":"457651107","value":1041600,"shares":42000,"shareType":"SH","priorValue":1024380,"priorShares":42000},{"issuer":"JAZZ PHARMACEUTICALS PLC","titleOfClass":"SHS USD","cusip":"G50871105","value":1012074,"shares":4200,"shareType":"SH","priorValue":794010,"priorShares":4200},{"issuer":"PFIZER INC","titleOfClass":"COM","cusip":"717081103","value":1011360,"shares":42000,"shareType":"SH","priorValue":1179360,"priorShares":42000},{"issuer":"CLOROX CO DEL","titleOfClass":"COM","cusip":"189054109","value":1002120,"shares":10500,"shareType":"SH","priorValue":1088115,"priorShares":10500},{"issuer":"LAS VEGAS SANDS CORP","titleOfClass":"COM","cusip":"517834107","value":969990,"shares":21000,"shareType":"SH"},{"issuer":"DICKS SPORTING GOODS INC","titleOfClass":"COM","cusip":"253393102","value":952602,"shares":4200,"shareType":"SH"},{"issuer":"NEOGEN CORP","titleOfClass":"COM","cusip":"640491106","value":943950,"shares":105000,"shareType":"SH"},{"issuer":"CONCENTRIX CORP","titleOfClass":"COM","cusip":"20602D101","value":941010,"shares":42000,"shareType":"SH","priorValue":4021920,"priorShares":147000},{"issuer":"FTI CONSULTING INC","titleOfClass":"COM","cusip":"302941109","value":938763,"shares":6300,"shareType":"SH"},{"issuer":"UNIVERSAL DISPLAY CORP","titleOfClass":"COM","cusip":"91347P105","value":909195,"shares":10500,"shareType":"SH","priorValue":962430,"priorShares":10500},{"issuer":"NABORS INDUSTRIES LTD","titleOfClass":"SHS","cusip":"G6359F137","value":882105,"shares":10500,"shareType":"SH"},{"issuer":"GUARDIAN PHARMACY SVCS INC","titleOfClass":"CL A","cusip":"40145W101","value":879270,"shares":21000,"shareType":"SH","priorValue":790860,"priorShares":21000},{"issuer":"SYSCO CORP","titleOfClass":"COM","cusip":"871829107","value":877590,"shares":10500,"shareType":"SH","priorValue":2246895,"priorShares":31500},{"issuer":"WESTERN ALLIANCE BANCORP","titleOfClass":"COM","cusip":"957638109","value":863100,"shares":10500,"shareType":"SH","priorValue":1487850,"priorShares":21000},{"issuer":"SSR MINING IN","titleOfClass":"COM","cusip":"784730103","value":862540,"shares":30500,"shareType":"SH","priorValue":896700,"priorShares":30500},{"issuer":"ARCOS DORADOS HLDGS INC","titleOfClass":"SHS CLASS -A -","cusip":"G0457F107","value":846300,"shares":105000,"shareType":"SH","priorValue":866250,"priorShares":105000},{"issuer":"INVESCO CURRENCYSHARES EURO","titleOfClass":"EURO SHS","cusip":"46138K103","value":790800,"shares":7500,"shareType":"SH","priorValue":800175,"priorShares":7500},{"issuer":"ZOETIS INC","titleOfClass":"CL A","cusip":"98978V103","value":754530,"shares":10500,"shareType":"SH"},{"issuer":"B2GOLD CORP","titleOfClass":"COM","cusip":"11777Q209","value":748000,"shares":200000,"shareType":"SH","priorValue":906000,"priorShares":200000},{"issuer":"NAVIOS MARITIME PARTNERS LP","titleOfClass":"COM UNIT LPI","cusip":"Y62267409","value":735735,"shares":10500,"shareType":"SH"},{"issuer":"INVESCO CURRENCYSHARES","titleOfClass":"JAPANESE YEN","cusip":"46138W107","value":705500,"shares":12500,"shareType":"SH","priorValue":723500,"priorShares":12500},{"issuer":"KIMBERLY-CLARK CORP","titleOfClass":"COM","cusip":"494368103","value":691551,"shares":6300,"shareType":"SH","priorValue":607761,"priorShares":6300},{"issuer":"INVESCO CURRENCYSHARES BRIT","titleOfClass":"BRIT POUN STRL","cusip":"46138M109","value":638218,"shares":5000,"shareType":"SH","priorValue":636750,"priorShares":5000},{"issuer":"RPC INC","titleOfClass":"COM","cusip":"749660106","value":612150,"shares":105000,"shareType":"SH","priorValue":743400,"priorShares":105000},{"issuer":"ROYAL GOLD INC","titleOfClass":"COM","cusip":"780287108","value":608811,"shares":3050,"shareType":"SH","priorValue":776195,"priorShares":3050},{"issuer":"PAN AMERN SILVER CORP","titleOfClass":"COM","cusip":"697900108","value":546438,"shares":12200,"shareType":"SH","priorValue":666486,"priorShares":12200}]},"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}