HENNESSY ADVISORS INC
Filing Date
Global Rank
#993
/ 8,586
▲ 2
Top Industry
Oil & Gas Midstream
9.6%
3Y Alpha vs SPY
-2.9%
Period ended 3 months ago
Filed Apr 21, 2026 · 56d
25 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+65.7%
SPY
+78.1%
Annualised alpha
-2.9%
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, 2025Top Position
2.4%
+0.3 pts
Top 5
10.9%
+1.3 pts
Top 10
19.0%
+0.8 pts
HHI
90
Diversified−2
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Energy | 15.0% | $411,008,506 |
| Consumer Cyclical | 14.5% | $396,429,431 |
| Industrials | 14.1% | $387,560,611 |
| Financial Services | 12.4% | $339,268,586 |
| Utilities | 11.2% | $305,523,318 |
| Technology | 10.3% | $283,154,539 |
| Consumer Defensive | 7.4% | $203,111,996 |
| Communication Services | 7.1% | $195,136,261 |
| Healthcare | 5.6% | $153,487,093 |
| Real Estate | 2.2% | $61,036,557 |
| Basic Materials | 0.1% | $3,403,585 |
| Unclassified | 0.0% | $390,600 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| 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 | Open |
|---|---|---|---|---|---|
| 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 | Open |
|---|---|---|---|---|
| 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 | Open |
|---|---|---|---|---|
| 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. | ||||
24 positions ·
$203,111,996 total
· Consumer Defensive only
· as of Mar 31, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| CALM |
Cal-Maine Foods Inc
Consumer Defensive
|
Reduced | 346,800 | $27,449,220 | 13.51% | |
| PSMT |
Pricesmart Inc
Consumer Defensive
|
Reduced | 82,600 | $12,431,300 | 6.12% | |
| PG |
PROCTER & GAMBLE Co
Consumer Defensive
|
Added | 86,050 | $12,429,062 | 6.12% | |
| KR |
Kroger Co
Consumer Defensive
|
Reduced | 159,862 | $11,567,614 | 5.70% | |
| WMT |
Walmart Inc.
Consumer Defensive
|
Reduced | 86,900 | $10,799,932 | 5.32% | |
| KO |
Coca Cola Co
Consumer Defensive
|
Added | 139,650 | $10,620,382 | 5.23% | |
| FDP |
Fresh Del Monte Produce Inc
Consumer Defensive
|
Reduced | 239,945 | $9,660,185 | 4.76% | |
| GHC |
Graham Holdings Co
Consumer Defensive
|
Reduced | 8,987 | $9,501,595 | 4.68% | |
| MO |
Altria Group, Inc.
Consumer Defensive
|
Reduced | 142,500 | $9,403,575 | 4.63% | |
| CHEF |
Chefs' Warehouse, Inc.
Consumer Defensive
|
Reduced | 155,598 | $9,250,301 | 4.55% | |
| PEP |
Pepsico Inc
Consumer Defensive
|
Added | 59,300 | $9,208,697 | 4.53% | |
| CL |
Colgate Palmolive Co
Consumer Defensive
|
Added | 102,700 | $8,753,121 | 4.31% | |
| BJ |
BJ's Wholesale Club Holdings, Inc.
Consumer Defensive
|
Reduced | 73,800 | $7,263,396 | 3.58% | |
| POST |
Post Holdings, Inc.
Consumer Defensive
|
Reduced | 73,200 | $7,236,552 | 3.56% | |
| WMK |
Weis Markets Inc
Consumer Defensive
|
Reduced | 101,479 | $6,940,148 | 3.42% | |
| BTI |
British American Tobacco p.l.c.
Consumer Defensive
|
NEW | 104,600 | $6,115,962 | 3.01% | |
| MDLZ |
Mondelez International, Inc.
Consumer Defensive
|
Added | 105,400 | $6,075,256 | 2.99% | |
| PM |
Philip Morris International Inc.
Consumer Defensive
|
Reduced | 35,900 | $5,935,706 | 2.92% | |
| PPC |
Pilgrims Pride Corp
Consumer Defensive
|
Reduced | 154,300 | $5,826,368 | 2.87% | |
| UL |
Unilever PLC
Consumer Defensive
|
Added | 92,744 | $5,283,625 | 2.60% | |
| NOMD |
Nomad Foods Ltd
Consumer Defensive
|
Reduced | 426,400 | $4,097,704 | 2.02% | |
| KMB |
Kimberly Clark Corp
Consumer Defensive
|
Added | 26,500 | $2,556,455 | 1.26% | |
| SYY |
Sysco Corp
Consumer Defensive
|
Reduced | 34,500 | $2,460,885 | 1.21% | |
| DLTR |
Dollar Tree, Inc.
Consumer Defensive
|
NEW | 20,500 | $2,244,955 | 1.11% |