HNNA · Hennessy Advisors Inc · Holdings

$10.33 +0.04 (+0.39%) At close · Nov 3

Market Cap

$81.34M

7.90M

Volume · Nov 3 12.27K Avg daily vol (3M) 6833

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Use institutional holdings through the 13F API or MCP → See every holder of HNNA: 13F, 13D and 13G, insiders and funds →

The Sep 30, 2026 filing window is still open — showing the latest known positions. Funds that have not filed yet carry their prior-quarter positions; a fund that filed without this stock counts as sold out. Each fund's Change is measured against its own previous reported quarter, shown in the Reported column. Pick a completed quarter in the Quarter selector below to put every fund on one quarter and see the stock-wide activity breakdown.

Quarter:

Holders: 31

Total Value: $11,283,800

Total Shares: 1,112,264

Institutional Ownership Trend

27 quarters

Holder Concentration

Across 30 13F filers

Top Holder

20.3%

of institutional value

Top 5

67.0%

of institutional value

Top 10

86.2%

of institutional value

HHI

1,130

Broadly held

Who Holds HNNA

Last 8 quarters through Sep 30, 2026 (filing window open)

Each kind of 13F filer's share of the common shares 13F filers report. Holder type comes from regulatory records, never the filer's name; style, turnover and horizon are measured from each filer's own 13F book. The quarter selector does not change this card.

Jun 30, 2026, the newest closed quarter: 28 filers, like-for-like change +1.7%; actively managed books +2.4%; index-like books +0.1%.

Holder type	Share	Filers	Change	New	Exited
Registered adviser	83.7%	15	+2.8%	0	2
Bank	2.6%	5	-33.3%	1	2
Holding company	1.7%	2	+45.5%	0	0
Unknown	12.1%	6	+0.7%	0	2

Style	Share	Filers	Change	New	Exited
Index-like	30.5%	6	+0.1%	0	0
Systematic-like	9.4%	2	-9.4%	0	1
Concentrated	7.0%	4	-0.1%	0	1
Diversified active	53.0%	16	+5.1%	1	4
Not measured	0.0%	0	—	0	0
Unknown	0.0%	0	—	0	0

Turnover	Share	Filers	Change	New	Exited
Low turnover	43.5%	16	+9.2%	0	1
Medium turnover	22.7%	7	-4.7%	1	3
High turnover	11.2%	3	-7.4%	0	2
Unknown	22.6%	2	0.0%	0	0
Not measured	0.0%	0	—	0	0

Holding horizon	Share	Filers	Change	New	Exited
Short horizon	22.6%	2	-4.0%	0	1
Medium horizon	37.4%	6	+12.0%	0	1
Long horizon	38.7%	19	-1.1%	1	3
Unknown	1.3%	1	-44.4%	0	1
Not measured	0.0%	0	—	0	0

13F book size	Share	Filers	Change	New	Exited
Under $1B	32.6%	5	+8.1%	0	1
$1B to $10B	8.7%	4	-17.5%	0	3
$10B to $100B	19.3%	5	+4.6%	0	0
$100B or more	39.4%	14	+0.5%	1	2
Not measured	0.0%	0	—	0	0

Client base	Share	Filers	Change	New	Exited
Individuals and high net worth	8.3%	5	-1.7%	0	1
Pooled investment vehicles	27.6%	4	-3.4%	0	1
Registered funds and BDCs	47.7%	6	+7.7%	0	0
Unknown	16.3%	13	-4.0%	1	4

Private funds	Share	Filers	Change	New	Exited
Hedge funds	27.6%	4	-3.4%	0	1
Real estate funds	0.0%	0	—	0	0
Other private funds	6.5%	2	+3.1%	0	0
No private funds	49.5%	9	+6.6%	0	1
Private equity funds	0.0%	0	—	0	0
Unknown	16.3%	13	-4.0%	1	4

Location	Share	Filers	Change	New	Exited
United States	100.0%	27	+3.0%	0	4
Outside the US	0.0%	1	-100.0%	1	2

The Sep 30, 2026 filing window is still open, so its bar carries the Jun 30, 2026 positions of filers that have not filed yet.

How the mix is measured

Shares are 13F common shares restated to today's split basis; options and principal amounts are left out. The change compares only filers with a 13F in both quarters and keeps each filer in its bucket of the later quarter on both sides; a filer that continues under a new CIK is compared through its successor. Holder type comes from each filer's current regulatory profile; client base and private funds come from the Form ADV roster current at each quarter end (rosters from December 2019, so an earlier quarter reads Unknown). Style, turnover, horizon and book size are measured from each filer's 13F book in the newest measured quarter, and Not measured means none was. Actively managed books are those measured systematic-like, concentrated or diversified active.

Conviction and Crowding

28 13F filers, quarter ended Jun 30, 2026

Measured across every 13F filer's common-share book once the quarter's filing window closed. Crowding counts filers with high turnover or that advise private funds on Form ADV.

Conviction holders

0.000% of filers hold it in their top 10

Mar 31, 2026: 0

Holders above 5%

median weight 0.000%

Mar 31, 2026: 0

Crowding

5.37%

of shares outstanding, 17th percentile

Mar 31, 2026: 5.48%

Private-fund advisers

5.09%

of shares outstanding

Institutional ownership

14.9%

25.3% of the estimated free float

Top 10 holders

86.2%

of 13F shares, Herfindahl 0.113

Active holders

+2.4%

like-for-like share change of active filers

5% stakes on record

0 13D, 1 13G (1 institutional, 0 passive, 0 exempt)

How long holders have held it value-weighted 10.7 quarters

Under 1 year 25.9% 1 to 3 years 30.4% 3 years or more 43.8% Since coverage start 0.000%

Managers in the top fifth by current three-year FundScore alpha were net buyers of $293,397 (1 buying, 0 selling).

Estimated Holder Cost Basis

Quarter ended Jun 30, 2026, on that quarter's share basis

Estimated, never filed: each 13F buy is costed at its quarter's average traded price and each sale keeps the average cost, so this is what holders paid on average if they traded evenly through each quarter.

Estimated avg cost

$9.63

estimated per share

Mar 31, 2026: $9.61

Quarter-end price

$10.15

implied by 13F values

Estimated gain or loss

+5.4%

price against the estimated cost

Estimated at a loss

51.7%

of costed 13F value

Estimated cost covers 56.6% of the 13F shares; positions already held when a filer's 13F history starts, or bought in a quarter without a trusted average price, have no estimate.

Shareholder Targets

13F filers that own its peers but not HNNA, quarter ended Jun 30, 2026

HNNA has no holder-overlap peers, so these filers hold the largest Financial Services stocks: JPM, V, BRK-B, MA, BAC, MS, GS, AXP, WFC, C, SCHW, RY, CB, BLK, PGR, COF, SPGI, TD, BNY, PNC. 6,563 filers in all.

#	Filer	In peers	Of book	Largest peers
1	STATE STREET CORP Bank, Index-like	$260,793,033,245 19 held	7.73%	JPM, BRK-B, V
2	FMR LLC Holding company, Diversified active	$118,595,204,944 20 held	5.16%	BRK-B, V, WFC
3	VANGUARD PORTFOLIO MANAGEMENT LLC Registered adviser, Diversified active	$115,648,086,418 19 held	5.21%	JPM, BRK-B, V
4	Berkshire Hathaway Inc Insurer, Concentrated	$91,098,036,862 4 held	30.4%	AXP, BAC, CB
5	JPMORGAN CHASE & CO Bank, Diversified active	$90,379,922,684 20 held	5.24%	MA, WFC, MS
6	NORGES BANK Non-US, Index-like	$78,828,529,437 20 held	7.86%	BRK-B, JPM, MA
7	MITSUBISHI UFJ FINANCIAL GROUP INC Bank, Unknown	$78,825,883,309 1 held	100.0%	MS
8	PRICE T ROWE ASSOCIATES INC /MD/ Registered adviser, Diversified active	$67,550,854,459 19 held	6.78%	V, MA, JPM
9	ROYAL BANK OF CANADA Bank, Diversified active	$60,488,690,407 20 held	10.3%	RY, TD, JPM
10	GOLDMAN SACHS GROUP INC Holding company, Index-like	$45,692,132,999 20 held	4.80%	JPM, V, BRK-B

Fund Ownership of HNNA by Fund Type

Registered funds' Form N-PORT reports for the quarter ended Jun 30, 2026

Index funds and index ETFs hold 3.76% of shares outstanding.

Fund type	Of shares outstanding	Change	Shares	Funds
Index funds	0.59%	-0.10 pp	46,386	6
Index ETFs	3.17%	+0.07 pp	250,882	3
Active ETFs	0.46%	+0.02 pp	36,745	7
Active funds	2.50%	+0.56 pp	197,851	13
Unclassified	0.00%	0.00 pp	0	0
All registered funds	6.73%	+0.55 pp	531,864	29

How fund types are measured

Each fund series counts once, with its latest Form N-PORT report dated inside the quarter; only long share positions count, restated to today's split basis. The fund type is the series' latest Form N-CEN answer on or before the quarter end (the index-fund box and the exchange-traded flag), never its name. Unclassified funds have no usable N-CEN; unit investment trusts are among them, so index ownership is a floor. Funds sit inside their advisers' 13F reports, so these shares overlap the 13F figures and are never added to them.

Holder type: Registered adviser 17 Bank 6 Holding company 2 Unknown 6

Showing 31 of 31

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

VANGUARD CAPITAL MANAGEMENT LLC

$2,422,419

21.47%

238,662

Truffle Hound Capital, LLC

$2,030,000

17.99%

200,000

AEGIS FINANCIAL CORP

$1,733,295

15.36%

170,768

RENAISSANCE TECHNOLOGIES LLC

$991,533

8.79%

97,688

Allworth Financial LP

$826,007

7.32%

81,380

GEODE CAPITAL MANAGEMENT, LLC

$594,180

5.27%

58,540

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GEODE CAPITAL MANAGEMENT TRUST COMPANY, LLC	10,975	$111,396	18.7%	Defined
Held directly	47,565	$482,784	81.3%	Defined

DIMENSIONAL FUND ADVISORS LP

$542,708

4.81%

53,469

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
DFA Australia Ltd.	912	$9,256	1.7%	Defined
Dimensional Ireland Ltd	15,205	$154,330	28.4%	Defined
Held directly	37,352	$379,122	69.9%	Sole

VANGUARD FIDUCIARY TRUST CO

$279,987

2.48%

27,585

BRIDGEWAY CAPITAL MANAGEMENT, LLC

$239,042

2.12%

23,551

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$219,351

1.94%

21,611

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
G1 EXECUTION SERVICES, LLC	21,611	$219,351	100.0%	Other

BlackRock, Inc.

$200,726

1.78%

19,776

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BlackRock Investment Management, LLC	1,180	$11,977	6.0%	Sole
BlackRock Fund Advisors	18,287	$185,613	92.5%	Sole
BlackRock Institutional Trust Company, N.A.	309	$3,136	1.6%	Sole

Net Worth Advisory Group

$185,083

1.64%

18,453

Empowered Funds, LLC

$167,992

1.49%

16,551

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Bridgeway Capital Management, LLC	16,551	$167,992	100.0%	Other

BANK OF AMERICA CORP /DE/

$154,411

1.37%

15,213

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MERRILL LYNCH, PIERCE, FENNER & SMITH INC.	15,213	$154,411	100.0%	Defined

NORTHERN TRUST CORP

$152,239

1.35%

14,999

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
NORTHERN TRUST CO joint	14,999	$152,239	100.0%	Defined

Quinn Opportunity Partners LLC

$151,407

1.34%

14,917

CITADEL ADVISORS LLC

$131,747

1.17%

12,980

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	12,980	$131,747	100.0%	Defined

Concurrent Investment Advisors, LLC

$108,835

0.96%

10,851

Cambridge Investment Research Advisors, Inc.

$100,921

0.89%

10,062

Next Level Wealth Planning, LLC

$25,606

0.23%

2,553

JONES FINANCIAL COMPANIES LLLP

$13,672

0.12%

1,347

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Edward D. Jones & Co., L.P.	1,347	$13,672	100.0%	Sole

CALDWELL SUTTER CAPITAL, INC.

$5,125

0.05%

505

MassMutual Private Wealth & Trust, FSB

$5,015

0.04%

500

Fortitude Family Office, LLC

$2,407

0.02%

240

BARCLAYS PLC

$60

0.00%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BARCLAYS CAPITAL INC.	6	$60	100.0%	Defined

PNC FINANCIAL SERVICES GROUP, INC.

$10

0.00%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
PNC Bank, National Association	1	$10	100.0%	Defined

CITIGROUP INC

$10

0.00%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citigroup Financial Products Inc. joint	1	$10	100.0%	Defined

MORGAN STANLEY

$10

0.00%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY SMITH BARNEY LLC	1	$10	100.0%	Defined

Capital Advisors, Ltd. LLC

0.00%

WELLS FARGO & COMPANY/MN

0.00%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
WELLS FARGO CLEARING SERVICES, LLC	0	$0	0.0%	Defined

Farther Finance Advisors, LLC

0.00%

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