HUSSMAN STRATEGIC ADVISORS, INC. Information

5136 DORSEY HALL DRIVE, ELLICOTT CITY,, Maryland, 21042, (410) 715-1145

Report Date: 12/31/2014

Position Statistics

Total Positions 239
New Positions 39
Increased Positions 58
Decreased Positions 107
Positions with Activity 165
Sold Out Positions 52
Total Mkt Value (in $ millions) 1,063

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 13.38%
Capital Goods 2.57%
Conglomerates
Consumer Cyclical 1.55%
Consumer/Non-Cyclical 8.73%
Energy 2.94%
Financial 9.77%
Healthcare 17.44%
Services 11.31%
Technology 22.93%
Transportation 1.65%
Utilities 5.53%

107 DECREASED Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
JACK IN THE BOX INC COM 19,338 -4,835 (20) 200,000
EXELON CORP COM 18,656 -5,088 (21.43) 550,000
LILLY ELI & CO COM 17,718 -3,684 (17.21) 252,500
NOVARTIS A G SPONSORED ADR 16,794 -5,120 (23.36) 164,000
MICROSOFT CORP COM 15,501 -4,517 (22.56) 353,500
GLAXOSMITHKLINE PLC SPONSORED ADR 14,226 -1,114 (7.26) 300,000
AMDOCS LTD SHS 12,968 -158 (1.2) 247,000
CORNING INC COM 12,200 -3,660 (23.08) 500,000
ASSURANT INC COM 10,477 -245 (2.29) 171,000
DEVRY ED GROUP INC COM 10,051 -914 (8.33) 275,000
OPEN TEXT CORP COM 9,024 -1,223 (11.93) 155,000
AT&T INC COM 8,640 -268 (3.01) 250,000
KIMBERLY CLARK CORP COM 8,444 -5,483 (39.37) 77,000
CINTAS CORP COM 8,348 -10,435 (55.56) 100,000
WALGREENS BOOTS ALLIANCE INC COM 8,308 -4,154 (33.33) 100,000
BROCADE COMMUNICATIONS SYS INC COM NEW 8,054 -1,239 (13.33) 650,000
CIRRUS LOGIC INC COM 7,528 -7,528 (50) 250,000
ANTHEM INC COM 7,323 -7,323 (50) 50,000
SCOTTS MIRACLE GRO CO CL A 6,223 -7,042 (53.09) 95,000
CATERPILLAR INC DEL COM 6,218 -6,218 (50) 75,000