Hussman Strategic Advisors’s J.M. Smucker SJM Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$1.01M	Hold	10,500	–	–	0.22%	191
2025 Q4	$1.03M	Hold	10,500	–	–	0.25%	180
2025 Q3	$1.14M	Sell	10,500 -4,200	-29%	-$456K	0.25%	178
2025 Q2	$1.44M	Hold	14,700	–	–	0.33%	110
2025 Q1	$1.74M	Hold	14,700	–	–	0.42%	94
2024 Q4	$1.62M	Sell	14,700 -6,300	-30%	-$725K	0.48%	86
2024 Q3	$2.54M	Hold	21,000	–	–	0.62%	52
2024 Q2	$2.29M	Hold	21,000	–	–	0.63%	61
2024 Q1	$2.64M	Hold	21,000	–	–	0.61%	65
2023 Q4	$2.65M	Buy	+21,000	New	+$2.43M	0.6%	58
2023 Q1	–	Sell	-6,200	Closed	-$982K	–	345
2022 Q4	$982K	Sell	6,200 -6,200	-50%	-$924K	0.16%	209
2022 Q3	$1.7M	Hold	12,400	–	–	0.29%	138
2022 Q2	$1.59M	Sell	12,400 -3,200	-21%	-$427K	0.27%	142
2022 Q1	$2.11M	Sell	15,600 -5,200	-25%	-$709K	0.41%	87
2021 Q4	$2.83M	Buy	20,800 +5,300	+34%	+$676K	0.62%	41
2021 Q3	$1.86M	Hold	15,500	–	–	0.41%	100
2021 Q2	$2.01M	Sell	15,500 -13,300	-46%	-$1.77M	0.42%	85
2021 Q1	$3.64M	Buy	28,800 +8,400	+41%	+$992K	0.75%	18
2020 Q4	$2.36M	Buy	+20,400	New	+$2.37M	0.62%	48
2020 Q2	–	Sell	-15,750	Closed	-$1.75M	–	307
2020 Q1	$1.75M	Sell	15,750 -10,000	-39%	-$1.07M	0.47%	77
2019 Q4	$2.68M	Hold	25,750	–	–	0.85%	35
2019 Q3	$2.83M	Buy	25,750 +5,750	+29%	+$641K	0.8%	37
2019 Q2	$2.3M	Buy	20,000 +19,600	+4,900%	+$2.39M	0.64%	61
2019 Q1	$47K	Sell	400 -30,250	-99%	-$3.16M	0.01%	235
2018 Q4	$2.87M	Buy	+30,650	New	+$3.2M	0.69%	41