HENNESSY ADVISORS INC

CIK

1145255

Location

NOVATO, CA

Portfolio Value

Mid $2,739,511,083

Diversification

Diversified

Filing Date

Global Rank

#804 / 8,232 ▲ 60

Top Industry

Oil & Gas Midstream 9.6%

3Y Alpha vs SPY

-2.0%

Period ended 2 months ago

Filed Apr 21, 2026 · 54d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+67.6%

SPY

+76.3%

Annualised alpha

-2.0%

Max drawdown

−22.7%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

276 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

2.4%

+0.3 pts

Top 5

10.9%

+1.3 pts

Top 10

19.0%

+0.8 pts

HHI

Diversified−2

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Energy	15.0%	$411,008,506	40
Consumer Cyclical	14.5%	$396,429,431	27
Industrials	14.1%	$387,560,611	15
Financial Services	12.4%	$339,268,586	71
Utilities	11.2%	$305,523,318	37
Technology	10.3%	$283,154,539	22
Consumer Defensive	7.4%	$203,111,996	24
Communication Services	7.1%	$195,136,261	14
Healthcare	5.6%	$153,487,093	20
Real Estate	2.2%	$61,036,557	3
Basic Materials	0.1%	$3,403,585	2
Unclassified	0.0%	$390,600	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
KRNY	Kearny Financial Corp.	+240,000	250,000	$1,887,500
SNEX	StoneX Group Inc.	+192,750	706,050	$56,942,932
BMY	Bristol Myers Squibb Co	+69,700	160,400	$9,728,260
CMCSA	Comcast Corp	+69,600	209,100	$6,003,261
PBR	Petrobras - Petroleo Brasileiro SA	+69,600	441,600	$9,163,200
AVBC	Avidia Bancorp, Inc.	+60,000	155,000	$3,048,850
NKE	NIKE, Inc.	+48,850	149,950	$7,920,359
BBT	Beacon Financial Corp	+46,000	111,000	$3,330,000
CL	Colgate Palmolive Co	+45,200	102,700	$8,753,121
KEY	Keycorp /New/	+42,000	62,000	$1,243,100
PFE	Pfizer Inc	+39,000	233,100	$6,545,448
PYPL	PayPal Holdings, Inc.	+38,900	62,900	$2,844,967
PG	PROCTER & GAMBLE Co	+29,750	86,050	$12,429,062
EQNR	Equinor ASA	+29,000	233,800	$9,866,360
T	At&T Inc.	+25,000	253,960	$7,362,300
ACDC	ProFrac Holding Corp.	+23,500	58,500	$362,700
UNH	Unitedhealth Group Inc	+22,700	29,500	$7,982,405
QCOM	Qualcomm Inc/De	+21,596	38,500	$4,958,030
JPM	Jpmorgan Chase & Co	+19,800	25,300	$7,442,248
MDLZ	Mondelez International, Inc.	+17,200	105,400	$6,075,256
OCFC	Oceanfirst Financial Corp	+15,000	195,000	$3,517,800
VZ	Verizon Communications Inc	+13,200	444,685	$22,323,187
GILD	Gilead Sciences, Inc.	+12,700	68,300	$9,518,971
ALL	Allstate Corp	+12,400	50,112	$10,390,222
UL	Unilever PLC	+11,300	92,744	$5,283,625
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
PTON	Peloton Interactive, Inc.	−469,200	4,487,400	$19,250,946
OPEN	Opendoor Technologies Inc.	−390,500	3,734,900	$17,479,332
AAL	American Airlines Group Inc.	−293,800	2,810,900	$30,189,066
VISN	Vistance Networks, Inc.	−234,000	2,239,000	$40,749,800
M	Macy's, Inc.	−221,800	2,121,700	$38,381,553
PENN	PENN Entertainment, Inc.	−188,700	1,804,900	$27,127,647
LYFT	Lyft, Inc.	−168,600	1,612,300	$21,443,590
VSAT	Viasat Inc	−125,900	1,204,700	$55,175,260
WWW	Wolverine World Wide Inc /De/	−119,400	1,142,400	$18,643,968
KMI	Kinder Morgan, Inc.	−89,730	921,731	$30,905,640
HAL	Halliburton Co	−82,600	27,180	$1,059,748
CAKE	Cheesecake Factory Inc	−67,700	646,700	$35,406,825
F	Ford Motor Co	−61,500	439,900	$5,076,446
DVN	Devon Energy Corp/De	−59,800	10,000	$503,200
FCX	Freeport-Mcmoran Inc	−58,600	17,020	$1,000,435
SATS	EchoStar CORP	−49,900	476,900	$55,830,683
KR	Kroger Co	−49,800	159,862	$11,567,614
PRCH	Porch Group, Inc.	−48,400	1,398,100	$10,024,377
FLG	Flagstar Bank, National Association	−45,000	225,000	$2,963,250
W	Wayfair Inc.	−43,500	416,500	$31,324,965
WMB	Williams Companies, Inc.	−42,350	450,282	$32,771,523
AM	Antero Midstream Corp	−41,930	296,910	$6,769,548
TRP	Tc Energy Corp	−41,830	459,700	$28,777,220
CCK	Crown Holdings, Inc.	−40,300	385,500	$38,646,375
COMP	Compass, Inc.	−38,900	1,121,100	$8,195,241
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
TMUS	T-Mobile US, Inc.	32,900	$6,909,987
BTI	British American Tobacco p.l.c.	104,600	$6,115,962
TXN	Texas Instruments Inc	30,900	$5,998,926
UTHR	UNITED THERAPEUTICS Corp	5,600	$3,320,688
HIG	Hartford Insurance Group, Inc.	20,500	$2,772,215
JBHT	Hunt J B Transport Services Inc	12,900	$2,733,510
EBAY	Ebay Inc	29,200	$2,657,784
WRB	Berkley W R Corp	39,500	$2,618,060
MRSH	Marsh & Mclennan Companies, Inc.	14,700	$2,549,715
OMC	Omnicom Group Inc.	33,500	$2,522,885
ZTS	Zoetis Inc.	21,300	$2,517,873
INCY	Incyte Corp	25,900	$2,437,708
NEM	NEWMONT Corp /DE/	22,200	$2,403,150
AMZN	Amazon Com Inc	11,500	$2,395,105
AMP	Ameriprise Financial Inc	5,300	$2,355,320
ADBE	Adobe Inc.	9,592	$2,331,623
WSM	Williams Sonoma Inc	12,700	$2,315,591
TROW	Price T Rowe Group Inc	25,500	$2,298,570
TSCO	Tractor Supply Co /De/	50,100	$2,269,530
DLTR	Dollar Tree, Inc.	20,500	$2,244,955
LULU	lululemon athletica inc.	13,900	$2,128,090
BR	Broadridge Financial Solutions, Inc.	12,600	$2,047,248
CTSH	Cognizant Technology Solutions Corp	31,700	$1,944,795
MPC	Marathon Petroleum Corp	1,100	$268,598
OSPN	OneSpan Inc.	10,494	$110,501
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
RTX	RTX Corp	42,100	$7,721,140
TTE	TotalEnergies SE	85,800	$5,613,036
KHC	Kraft Heinz Co	174,400	$4,229,200
CAT	Caterpillar Inc	6,900	$3,952,803
ULTA	Ulta Beauty, Inc.	6,500	$3,932,565
COR	Cencora, Inc.	10,900	$3,681,475
FERG	Ferguson Enterprises Inc. /DE/	14,700	$3,272,661
HSY	Hershey Co	17,200	$3,130,056
MMM	3M Co	18,800	$3,009,880
DAL	Delta Air Lines, Inc.	39,800	$2,762,120
LPLA	LPL Financial Holdings Inc.	7,600	$2,714,492
SNA	Snap-on Inc	7,600	$2,618,960
PCAR	Paccar Inc	23,900	$2,617,289
LMT	Lockheed Martin Corp	5,400	$2,611,818
DHI	Horton D R Inc /De/	18,000	$2,592,540
BBY	Best Buy Co Inc	32,400	$2,168,532
CSL	Carlisle Companies Inc	6,600	$2,111,076
CDW	CDW Corp	14,882	$2,026,928
TGT	Target Corp	20,100	$1,964,775
HPQ	Hp Inc	81,100	$1,806,908
GDDY	GoDaddy Inc.	14,116	$1,751,513
RKT	Rocket Companies, Inc.	90,000	$1,742,400
BLDR	Builders FirstSource, Inc.	16,100	$1,656,529
BAH	Booz Allen Hamilton Holding Corp	19,300	$1,628,148
AUB	Atlantic Union Bankshares Corp	25,000	$882,500
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

276 positions · $2,739,511,083 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 276 positions by value · page 1 of 6

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MTZ	Mastec Inc Industrials	Reduced	205,100	-21,500	$65,988,874	+34.0%	2.41%
CASY	Caseys General Stores Inc Consumer Cyclical	Reduced	88,000	-7,900	$64,051,680	+20.8%	2.34%
SNEX	StoneX Group Inc. Financial Services	Added	706,050	+192,750	$56,942,932	+74.9%	2.08%
SATS	EchoStar CORP Communication Services	Reduced	476,900	-49,900	$55,830,683	−2.5%	2.04%
VSAT	Viasat Inc Technology	Reduced	1,204,700	-125,900	$55,175,260	+20.3%	2.01%
DY	Dycom Industries Inc Industrials	Reduced	143,600	-15,000	$48,654,552	−9.2%	1.78%
CHRW	C. H. Robinson Worldwide, Inc. Industrials	Reduced	288,000	-30,100	$47,828,160	−6.5%	1.75%
PRIM	Primoris Services Corp Industrials	Reduced	312,700	-32,700	$44,728,608	+4.3%	1.63%
SNX	Td Synnex Corp Technology	Reduced	241,972	-24,328	$40,823,096	+2.0%	1.49%
VISN	Vistance Networks, Inc. Technology	Reduced	2,239,000	-234,000	$40,749,800	−9.1%	1.49%
GVA	Granite Construction Inc Industrials	Reduced	335,200	-35,100	$40,183,776	−5.9%	1.47%
SANM	Sanmina Corp Technology	Reduced	304,900	-31,900	$39,527,236	−21.8%	1.44%
CCK	Crown Holdings, Inc. Consumer Cyclical	Reduced	385,500	-40,300	$38,646,375	−11.9%	1.41%
M	Macy's, Inc. Consumer Cyclical	Reduced	2,121,700	-221,800	$38,381,553	−25.7%	1.40%
OKE	Oneok Inc /New/ Energy	Reduced	395,614	-340	$35,759,549	+22.9%	1.31%
CAKE	Cheesecake Factory Inc Consumer Cyclical	Reduced	646,700	-67,700	$35,406,825	−1.8%	1.29%
JLL	Jones Lang Lasalle Inc Real Estate	Reduced	116,200	-12,200	$35,361,984	−18.1%	1.29%
LDOS	Leidos Holdings, Inc. Technology	Reduced	217,500	-24,400	$33,825,600	−22.5%	1.23%
LNG	Cheniere Energy, Inc. Energy	Reduced	117,997	-29,670	$33,482,828	+16.6%	1.22%
WMB	Williams Companies, Inc. Energy	Reduced	450,282	-42,350	$32,771,523	+10.7%	1.20%
J	Jacobs Solutions Inc. Industrials	Reduced	250,500	-26,200	$31,883,640	−13.0%	1.16%
NXST	Nexstar Media Group, Inc. Communication Services	Reduced	173,500	-18,200	$31,374,005	−19.4%	1.15%
W	Wayfair Inc. Consumer Cyclical	Reduced	416,500	-43,500	$31,324,965	−32.2%	1.14%
KMI	Kinder Morgan, Inc. Energy	Reduced	921,731	-89,730	$30,905,640	+11.2%	1.13%
AAL	American Airlines Group Inc. Industrials	Reduced	2,810,900	-293,800	$30,189,066	−36.6%	1.10%
ALV	Autoliv Inc Consumer Cyclical	Reduced	285,800	-29,900	$30,054,728	−19.8%	1.10%
TRP	Tc Energy Corp Energy	Reduced	459,700	-41,830	$28,777,220	+4.3%	1.05%
CALM	Cal-Maine Foods Inc Consumer Defensive	Reduced	346,800	-36,300	$27,449,220	−10.0%	1.00%
SRE	Sempra Utilities	Added	279,380	+7,800	$27,147,354	+13.2%	0.99%
PENN	PENN Entertainment, Inc. Consumer Cyclical	Reduced	1,804,900	-188,700	$27,127,647	−7.7%	0.99%
EQT	EQT Corp Energy	Added	423,700	+1,600	$26,964,268	+19.2%	0.98%
LAD	Lithia Motors Inc Consumer Cyclical	Reduced	106,800	-11,100	$26,670,096	−31.9%	0.97%
ENB	Enbridge Inc Energy	Reduced	492,465	-13,800	$26,662,055	+10.1%	0.97%
ATO	Atmos Energy Corp Utilities	Reduced	143,286	-1,100	$26,467,789	+9.4%	0.97%
ATRO	Astronics Corp Industrials	Reduced	377,800	-13,100	$25,210,594	+18.9%	0.92%
SO	Southern Co Utilities	Added	256,100	+3,700	$24,718,772	+12.3%	0.90%
ACM	Aecom Industrials	Reduced	285,700	-29,900	$24,233,074	−19.5%	0.88%
VZ	Verizon Communications Inc Communication Services	Added	444,685	+13,200	$22,323,187	+27.0%	0.81%
LYFT	Lyft, Inc. Technology	Reduced	1,612,300	-168,600	$21,443,590	−37.8%	0.78%
BTSG	BrightSpring Health Services, Inc. Healthcare	Reduced	488,300	-17,000	$20,806,463	+10.0%	0.76%
DTM	DT Midstream, Inc. Energy	Reduced	148,080	-1,660	$19,941,933	+11.3%	0.73%
PTON	Peloton Interactive, Inc. Consumer Cyclical	Reduced	4,487,400	-469,200	$19,250,946	−36.9%	0.70%
TIGO	Millicom International Cellular SA Communication Services	Reduced	252,100	-8,800	$18,892,374	+30.6%	0.69%
WWW	Wolverine World Wide Inc /De/ Consumer Cyclical	Reduced	1,142,400	-119,400	$18,643,968	−18.6%	0.68%
OPEN	Opendoor Technologies Inc. Real Estate	Reduced	3,734,900	-390,500	$17,479,332	−27.3%	0.64%
WEC	Wec Energy Group, Inc. Utilities	Held	149,140	0	$17,265,937	+9.8%	0.63%
NI	Nisource Inc. Utilities	Reduced	358,481	-4,300	$16,726,723	+10.4%	0.61%
NGG	National Grid PLC Utilities	Added	180,944	+300	$15,307,862	+9.6%	0.56%
CNP	Centerpoint Energy Inc Utilities	Reduced	334,228	-6,900	$14,425,280	+10.3%	0.53%
MRK	Merck & Co., Inc. Healthcare	Reduced	117,800	-4,050	$14,170,162	+10.5%	0.52%