Hussman Stragtegic Growth Fund

Ticker: HSGFX CUSIP: 448108100 Class: MF

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

Increased Positions (1)

Ethos Financial Group, LLC
Value ($000) $133 (-3.0%) Shares 23,450 (+2.3%)