Hussman Strategic Advisors’s Archer Daniels Midland ADM Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2025 Q2	–	Sell	-52,500	Closed	-$2.52M	–	214
2025 Q1	$2.52M	Buy	+52,500	New	+$2.52M	0.61%	51
2023 Q4	–	Sell	-12,600	Closed	-$950K	–	224
2023 Q3	$950K	Sell	12,600 -13,400	-52%	-$1.01M	0.18%	203
2023 Q2	$1.96M	Sell	26,000 -5,000	-16%	-$378K	0.36%	124
2023 Q1	$2.47M	Buy	+31,000	New	+$2.47M	0.39%	103
2022 Q2	–	Sell	-7,800	Closed	-$704K	–	327
2022 Q1	$704K	Buy	+7,800	New	+$704K	0.14%	216
2019 Q2	–	Sell	-75,000	Closed	-$3.24M	–	185
2019 Q1	$3.24M	Hold	75,000	–	–	0.79%	28
2018 Q4	$3.07M	Buy	+75,000	New	+$3.07M	0.74%	32
2018 Q2	–	Sell	-50,000	Closed	-$2.17M	–	221
2018 Q1	$2.17M	Sell	50,000 -75,000	-60%	-$3.25M	0.6%	85
2017 Q4	$5.01M	Sell	125,000 -25,000	-17%	-$1M	1.43%	11
2017 Q3	$6.38M	Hold	150,000	–	–	1.54%	8
2017 Q2	$6.21M	Hold	150,000	–	–	1.38%	18
2017 Q1	$6.91M	Buy	+150,000	New	+$6.91M	1.53%	11
2016 Q1	–	Sell	-3,000	Closed	-$110K	–	188
2015 Q4	$110K	Hold	3,000	–	–	0.02%	176
2015 Q3	$124K	Buy	+3,000	New	+$124K	0.02%	173
2015 Q1	–	Sell	-150,000	Closed	-$7.8M	–	187
2014 Q4	$7.8M	Hold	150,000	–	–	0.78%	51
2014 Q3	$7.67M	Sell	150,000 -300,000	-67%	-$15.3M	0.66%	63
2014 Q2	$19.9M	Buy	450,000 +250,000	+125%	+$11M	1.52%	11
2014 Q1	$8.68M	Sell	200,000 -76,000	-28%	-$3.3M	0.65%	73
2013 Q4	$12M	Sell	276,000 -224,000	-45%	-$9.72M	0.85%	55
2013 Q3	$18.4M	Hold	500,000	–	–	1.01%	37
2013 Q2	$17M	Buy	+500,000	New	+$17M	0.77%	58