Hennion & Walsh Asset Management, Inc.

CIK

1861642

Location

Parsippany, NJ

Portfolio Value

Micro $16,906,630

Diversification

Diversified

Filing Date

Global Rank

#931 / 8,232 ▲ 116

Top Industry

Asset Management 29.4%

3Y Alpha vs SPY

-4.9%

Period ended 2 months ago

Filed May 13, 2026 · 32d

21 quarters · since Mar 2021

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

+55.9%

SPY

+76.3%

Annualised alpha

-4.9%

Max drawdown

−16.3%

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

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

Top Position

2.4%

+0.9 pts

Top 5

7.1%

+1.0 pts

Top 10

11.8%

+0.6 pts

HHI

Diversified+3

Portfolio Trend

21 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	36.0%	$788,488,613	234
Technology	15.2%	$333,457,072	122
Healthcare	15.0%	$328,287,617	119
Industrials	11.5%	$251,164,525	101
Utilities	5.2%	$113,129,810	43
Consumer Cyclical	4.3%	$92,997,549	66
Consumer Defensive	3.8%	$82,481,540	36
Energy	3.4%	$73,552,139	38
Communication Services	2.8%	$61,653,847	29
Real Estate	1.8%	$40,226,034	27
Basic Materials	0.8%	$16,906,630	16
Unclassified	0.2%	$5,130,492	3

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
MQY	Blackrock Muniyield Quality Fund, Inc.	+3,268,284	4,696,687	$51,569,622
MHD	Blackrock Muniholdings Fund, Inc.	+1,736,132	2,692,857	$30,375,426
NMZ	Nuveen Municipal High Income Opportunity Fund	+498,545	1,639,102	$17,013,878
VGM	Invesco Trust for Investment Grade Municipals	+479,443	978,215	$9,654,982
LEO	Bny Mellon Strategic Municipals, Inc.	+404,594	798,274	$5,021,143
MYN	Blackrock Muniyield New York Quality Fund, Inc.	+401,640	940,056	$9,024,537
DSM	Bny Mellon Strategic Municipal Bond Fund, Inc.	+397,857	786,368	$4,726,071
URG	Ur-Energy Inc	+297,800	916,831	$1,366,078
MUC	Blackrock Muniholdings California Quality Fund, Inc.	+273,375	673,975	$7,009,340
OCGN	Ocugen, Inc.	+270,744	1,276,725	$2,310,872
NVG	Nuveen AMT-Free Municipal Credit Income Fund	+268,812	1,918,023	$23,649,223
MUA	Blackrock Muniassets Fund, Inc.	+248,004	1,224,966	$12,996,889
NAD	Nuveen Quality Municipal Income Fund	+233,031	927,745	$10,669,067
VKI	Invesco Advantage Municipal Income Trust II	+229,710	498,936	$4,320,785
OIA	Invesco Municipal Income Opportunities Trust	+227,234	1,284,322	$7,885,737
PMM	Putnam Managed Municipal Income Trust	+204,669	1,214,019	$7,466,216
NAN	Nuveen New York Quality Municipal Income Fund	+199,610	520,162	$5,799,806
NRK	Nuveen New York Amt-Free Quality Municipal Income Fund	+197,456	726,559	$7,418,167
SPXX	Nuveen S&P 500 Dynamic Overwrite Fund	+195,889	210,579	$3,384,004
GOSS	Gossamer Bio, Inc.	+175,742	828,719	$272,648
DNN	Denison Mines Corp.	+147,735	794,105	$2,803,190
AKBA	Akebia Therapeutics, Inc.	+134,292	633,253	$880,221
MFM	Mfs Municipal Income Trust	+124,715	799,759	$4,310,701
DHF	Bny Mellon High Yield Strategies Fund	+112,303	1,597,676	$3,898,329
PROK	Prokidney Corp.	+107,807	1,611,693	$2,884,930
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
PML	Pimco Municipal Income Fund II	−213,868	2,602,156	$19,698,320
PCQ	Pimco California Municipal Income Fund	−100,254	690,484	$5,924,352
CION	CION Investment Corp	−97,368	317,252	$2,170,003
AEG	Aegon Ltd.	−85,403	323,321	$2,347,310
IQI	Invesco Quality Municipal Income Trust	−85,134	814,720	$7,837,606
TZOO	Travelzoo	−75,040	149,779	$886,691
MFIC	MidCap Financial Investment Corp	−68,307	91,368	$1,026,976
SLRC	SLR Investment Corp.	−59,870	201,023	$2,876,639
GBDC	GOLUB CAPITAL BDC, Inc.	−55,108	316,706	$4,009,497
LXRX	Lexicon Pharmaceuticals, Inc.	−53,084	848,138	$1,323,095
CCAP	Crescent Capital BDC, Inc.	−52,155	121,541	$1,476,723
NXP	Nuveen Select Tax Free Income Portfolio	−50,433	802,072	$11,509,733
NMFC	New Mountain Finance Corp	−49,895	513,085	$3,981,539
NCDL	Nuveen Churchill Direct Lending Corp.	−49,323	430,034	$5,470,032
JPC	Nuveen Preferred & Income Opportunities Fund	−47,575	326,333	$2,460,550
BCSF	Bain Capital Specialty Finance, Inc.	−46,560	355,903	$4,413,197
GSBD	Goldman Sachs BDC, Inc.	−46,153	309,152	$2,745,269
ING	Ing Groep NV	−44,463	146,175	$3,807,858
ARCC	Ares Capital Corp	−33,114	112,574	$2,028,583
CGBD	Carlyle Secured Lending, Inc.	−31,395	144,959	$1,585,851
WU	Western Union CO	−26,955	59,411	$518,658
ANNX	Annexon, Inc.	−25,297	509,689	$2,823,677
GERN	Geron Corp	−24,826	396,632	$590,981
AM	Antero Midstream Corp	−22,944	245,358	$5,594,162
STLA	Stellantis N.V.	−22,930	25,425	$180,263
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
INDV	Indivior Pharmaceuticals, Inc.	330,691	$10,079,461
VKQ	Invesco Municipal Trust	279,041	$2,656,470
PNI	Pimco New York Municipal Income Fund II	363,389	$2,489,214
NYT	New York Times Co	10,543	$882,765
NVT	nVent Electric plc	7,132	$843,572
AMCR	Amcor plc	18,737	$744,795
NMI	Nuveen Municipal Income Fund Inc	70,946	$741,385
CLS	Celestica Inc	2,626	$739,691
POR	Portland General Electric Co /Or/	13,352	$704,585
SBI	Western Asset Intermediate Muni Fund Inc.	90,530	$695,270
BKH	Black Hills Corp /Sd/	9,154	$635,379
SNOW	Snowflake Inc.	4,014	$605,391
CRDO	Credo Technology Group Holding Ltd	6,384	$599,266
TEX	Terex Corp	9,088	$537,100
ANDE	Andersons, Inc.	7,188	$515,954
GEV	GE Vernova Inc.	581	$507,154
APLD	Applied Digital Corp.	20,657	$490,397
CPF	Central Pacific Financial Corp	14,228	$454,726
C	Citigroup Inc	4,008	$454,547
INSW	International Seaways, Inc.	6,209	$452,511
WFC	Wells Fargo & Company/Mn	5,659	$450,512
OTTR	Otter Tail Corp	5,112	$448,680
NMR	Nomura Holdings Inc	56,441	$445,319
ITUB	Itau Unibanco Holding S.A.	52,668	$441,357
CNS	Cohen & Steers, Inc.	6,864	$429,343
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
MYI	Blackrock Muniyield Quality Fund III, Inc.	1,554,195	$16,894,099
BXMX	Nuveen S&P 500 BuyWrite Income Fund	176,905	$2,600,503
FUBO	FuboTV Inc.	73,049	$2,209,001
AGX	Argan Inc	5,551	$1,739,239
JBL	Jabil Inc	6,092	$1,389,097
RYTM	Rhythm Pharmaceuticals, Inc.	10,908	$1,167,592
TOL	Toll Brothers, Inc.	7,104	$960,602
PNNT	Pennantpark Investment Corp	150,093	$894,554
SNA	Snap-on Inc	2,431	$837,722
ODFL	Old Dominion Freight Line, Inc.	5,328	$835,430
TCPC	BlackRock TCP Capital Corp.	98,502	$538,805
LOPE	Grand Canyon Education, Inc.	3,221	$535,684
MPC	Marathon Petroleum Corp	3,280	$533,426
NSA	National Storage Affiliates Trust	17,614	$496,890
BRK-B	Berkshire Hathaway Inc	975	$490,083
TEAM	Atlassian Corp	2,604	$422,212
CCOI	Cogent Communications Holdings, Inc.	19,337	$416,905
ABR	Arbor Realty Trust Inc	50,032	$388,248
DOW	Dow Inc.	15,593	$364,564
BHE	Benchmark Electronics Inc	7,979	$341,182
JHG	Janus Henderson Group PLC	6,905	$328,470
FR	First Industrial Realty Trust Inc	5,617	$321,685
PFE	Pfizer Inc	12,591	$313,515
ALRM	Alarm.com Holdings, Inc.	6,142	$313,364
MANH	Manhattan Associates Inc	1,793	$310,744
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

16 positions · $16,906,630 total · Basic Materials 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	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
ECL	Ecolab Inc. Basic Materials	Added	23,344	+5,417	$6,209,970	+32.0%	36.73%
REX	REX AMERICAN RESOURCES Corp Basic Materials	Added	45,999	+16,658	$2,096,174	+121.0%	12.40%
NEM	NEWMONT Corp /DE/ Basic Materials	Reduced	18,603	-3,454	$2,013,774	−8.6%	11.91%
APD	Air Products & Chemicals, Inc. Basic Materials	Added	4,462	+297	$1,296,166	+26.0%	7.67%
LYB	LyondellBasell Industries N.V. Basic Materials	Reduced	11,627	-3,524	$936,671	+42.8%	5.54%
SHW	Sherwin Williams Co Basic Materials	Reduced	2,800	-3,214	$897,540	−53.9%	5.31%
RGLD	Royal Gold Inc Basic Materials	Added	3,117	+212	$793,245	+22.8%	4.69%
LXU	Lsb Industries, Inc. Basic Materials	Reduced	33,770	-386	$503,173	+73.3%	2.98%
NGVT	Ingevity Corp Basic Materials	Reduced	5,003	-87	$356,363	+18.3%	2.11%
FF	FutureFuel Corp. Basic Materials	Reduced	89,116	-115	$343,096	+20.5%	2.03%
MLM	Martin Marietta Materials Inc Basic Materials	NEW	476	NEW	$280,211	NEW	1.66%
FUL	Fuller H B Co Basic Materials	Reduced	4,281	-71	$264,052	+2.0%	1.56%
GFI	Gold Fields Ltd Basic Materials	Reduced	5,281	-5	$239,757	+3.9%	1.42%
KRO	Kronos Worldwide Inc Basic Materials	Reduced	34,984	-575	$229,844	+46.2%	1.36%
AU	AngloGold Ashanti PLC Basic Materials	NEW	2,360	NEW	$229,769	NEW	1.36%
SSRM	Ssr Mining Inc. Basic Materials	NEW	7,375	NEW	$216,825	NEW	1.28%