Hussman Strategic Advisors’s Phibro Animal Health PAHC Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$2.32M	Hold	42,000	–	–	0.5%	79
2025 Q4	$1.57M	Hold	42,000	–	–	0.38%	119
2025 Q3	$1.7M	Sell	42,000 -42,000	-50%	-$1.39M	0.37%	127
2025 Q2	$2.15M	Sell	84,000 -42,000	-33%	-$916K	0.49%	82
2025 Q1	$2.69M	Buy	126,000 +21,000	+20%	+$469K	0.65%	41
2024 Q4	$2.21M	Buy	+105,000	New	+$2.43M	0.65%	48
2023 Q2	–	Sell	-26,000	Closed	-$398K	–	332
2023 Q1	$398K	Hold	26,000	–	–	0.06%	285
2022 Q4	$349K	Hold	26,000	–	–	0.06%	272
2022 Q3	$346K	Hold	26,000	–	–	0.06%	266
2022 Q2	$497K	Hold	26,000	–	–	0.09%	266
2022 Q1	$519K	Hold	26,000	–	–	0.1%	254
2021 Q4	$531K	Buy	+26,000	New	+$555K	0.12%	242