Dr. John Hussman has been bery cautious. He thinks that the market in the last decade has always been overvalued except the brief period in March 2009. This thinking has helped him to avoid large losses in 2008, and also miss most of the gains in 2009. Now he is still bearish, and hedging his portfolios from market declines.
John Hussman catergorizes the stock market into four areas depending on the market valuation and short term market conditions. We have written detailed articles discussing Hussman's investing strategies. If you are thinking to hedge your portfolios, John Hussman is certainly an guru to follow.
This is the Q1 portfolio update of John Hussman. according to the most recent filings of his investment company, Hussman Economtrics Advisors, Inc., John Hussman owns 137 stocks with a total value of $5.7 billion. These are the details of the buys and sells.
This is the sector weightings of his portfolio:
These are the top 5 holdings of John Hussman
John Hussman catergorizes the stock market into four areas depending on the market valuation and short term market conditions. We have written detailed articles discussing Hussman's investing strategies. If you are thinking to hedge your portfolios, John Hussman is certainly an guru to follow.
This is the Q1 portfolio update of John Hussman. according to the most recent filings of his investment company, Hussman Economtrics Advisors, Inc., John Hussman owns 137 stocks with a total value of $5.7 billion. These are the details of the buys and sells.
- New Purchases: ABT, ACL, AMOV, BDX, BP, BRK.B, CL, CLX, CMG, CTSH, CUK, ERIC, GIS, ICLR, ILMN, INFY, JASO, K, LH, MBT, MR, MRK, NVDA, NVS, PDCO, PEP, PPDI, PT, SAP, SJM, SYK, TKC, TSL, TSP, UN, WIT, WLP,
- Added Positions: AEO, AMZN, AZN, BVF, CHKP, CVX, DOX, DRC, ENDP, FDS, HUM, IDXX, LIFE, MRO, MSFT, NE, ORCL, PFE, SYNA, VPRT, WAT, XOM,
- Reduced Positions: ADI, ADSK, ADTN, BBBY, BBY, BRCM, COH, DRI, EBAY, GME, KSS, LTD, NFLX, NTAP, RIMM, ROST, SBUX, TKR, UA,
- Sold Out: ADBE, BRK.A, CBE, DLTR, EAT, JW.A, MAT, MCK, MOT, PETM, TGT, WHR,
This is the sector weightings of his portfolio:
| Consumer Services | 29.4% |
|---|---|
| Technology | 24.6% |
| Health Care | 23.6% |
| Consumer Goods | 10% |
| Oil & Gas | 6.2% |
| Industrials | 2.9% |
| Utilities | 0.8% |
| Basic Materials | 0.7% |
| Financials | 0.5% |
These are the top 5 holdings of John Hussman
- Aeropostale Inc. (ARO) - 5,802,500 shares, 2.95% of the total portfolio. Shares reduced by 14.04%
- LIFE TECHNOLOGIES CORPORATION (LIFE) - 3,000,000 shares, 2.77% of the total portfolio. Shares added by 182.49%
- Netflix Inc. (NFLX) - 2,129,000 shares, 2.77% of the total portfolio. Shares reduced by 23.96%
- Panera Bread Company (PNRA) - 1,930,000 shares, 2.6% of the total portfolio. Shares reduced by 9.81%
- Microsoft Corp. (MSFT) - 5,000,000 shares, 2.58% of the total portfolio. Shares added by 150%
