Hussman Strategic Advisors’s Sally Beauty Holdings SBH Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2025 Q2	–	Sell	-210,000	Closed	-$1.9M	–	280
2025 Q1	$1.9M	Hold	210,000	–	–	0.46%	86
2024 Q4	$2.19M	Buy	210,000 +42,000	+25%	+$439K	0.65%	49
2024 Q3	$2.28M	Buy	168,000 +63,000	+60%	+$855K	0.56%	73
2024 Q2	$1.13M	Hold	105,000	–	–	0.31%	135
2024 Q1	$1.3M	Sell	105,000 -105,000	-50%	-$1.3M	0.3%	124
2023 Q4	$2.79M	Buy	210,000 +23,000	+12%	+$305K	0.63%	54
2023 Q3	$1.57M	Hold	187,000	–	–	0.3%	142
2023 Q2	$2.31M	Buy	187,000 +31,000	+20%	+$383K	0.42%	84
2023 Q1	$2.43M	Hold	156,000	–	–	0.38%	106
2022 Q4	$1.95M	Hold	156,000	–	–	0.32%	127
2022 Q3	$1.97M	Hold	156,000	–	–	0.34%	117
2022 Q2	$1.86M	Hold	156,000	–	–	0.32%	114
2022 Q1	$2.44M	Hold	156,000	–	–	0.47%	71
2021 Q4	$2.88M	Buy	156,000 +63,000	+68%	+$1.16M	0.63%	39
2021 Q3	$1.57M	Buy	93,000 +31,000	+50%	+$522K	0.35%	117
2021 Q2	$1.37M	Sell	62,000 -41,500	-40%	-$916K	0.28%	143
2021 Q1	$2.08M	Sell	103,500 -101,500	-50%	-$2.04M	0.43%	80
2020 Q4	$2.67M	Buy	205,000 +1,000	+0.5%	+$13K	0.7%	36
2020 Q3	$1.77M	Buy	204,000 +101,000	+98%	+$878K	0.47%	77
2020 Q2	$1.29M	Buy	103,000 +38,000	+58%	+$476K	0.33%	116
2020 Q1	$525K	Buy	65,000 +15,000	+30%	+$121K	0.14%	216
2019 Q4	$912K	Sell	50,000 -50,000	-50%	-$912K	0.29%	127
2019 Q3	$1.49M	Sell	100,000 -25,000	-20%	-$372K	0.42%	89
2019 Q2	$1.67M	Hold	125,000	–	–	0.47%	92
2019 Q1	$2.3M	Buy	125,000 +75,000	+150%	+$1.38M	0.56%	66
2018 Q4	$852K	Buy	+50,000	New	+$852K	0.21%	169
2015 Q4	–	Sell	-100,000	Closed	-$2.38M	–	232
2015 Q3	$2.38M	Hold	100,000	–	–	0.3%	115
2015 Q2	$3.16M	Buy	+100,000	New	+$3.16M	0.37%	104