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Asset Manager ← All Institutions

HENNESSY ADVISORS INC

7250 REDWOOD BLVD. SUITE 200, NOVATO, CA 94945 • 415-899-1555

Q3 2025 · Filed 2025-10-20
Market Value
$2.9B
-3.3%
Holdings
367
-26
New Purchases
28
Added To
65
Closed
87
Reduced
157
Top 10 Concentration
17.0%
Turnover
31.3%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
MTZ 1.76% 0.00% +1.76% $51M
PRIM 1.73% 0.00% +1.73% $50M
SNX 1.63% 0.00% +1.62% $47M
CASY 1.98% 0.38% +1.61% $57M
LDOS 1.70% 0.09% +1.61% $49M
SNEX 1.89% 0.34% +1.55% $55M
CHRW 1.54% 0.00% +1.54% $44M
M 1.53% 0.00% +1.53% $44M
J 1.51% 0.00% +1.51% $44M
ACM 1.50% 0.00% +1.50% $43M
CCK 1.50% 0.00% +1.50% $43M
W 1.50% 0.00% +1.50% $43M
SATS 1.47% 0.00% +1.47% $42M
LYFT 1.43% 0.00% +1.43% $41M
ALV 1.42% 0.00% +1.42% $41M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
EAT 0.28% 3.48% -3.20% $8M
UGI 0.44% 2.76% -2.33% $13M
OSCR 0.00% 2.06% -2.06% $0
PTON 0.00% 1.86% -1.86% $0
ALK 0.00% 1.73% -1.73% $0
CNK 0.00% 1.65% -1.65% $0
MAT 0.00% 1.62% -1.62% $0
LNC 0.00% 1.62% -1.62% $0
INGR 0.00% 1.59% -1.59% $0
RDFN 0.00% 1.56% -1.56% $0
POST 0.30% 1.80% -1.50% $9M
FLR 0.00% 1.46% -1.46% $0
INT 0.00% 1.43% -1.43% $0
VOYA 0.00% 1.33% -1.33% $0
RNG 0.00% 1.31% -1.31% $0

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Energy 14.9%
Consumer Cyclical 14.4%
Industrials 14.2%
Technology 13.0%
Financial Services 12.8%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 41 $255M 8.8%
Large Cap 176 $1.5B 52.3%
Mid Cap 111 $977M 33.8%
Small Cap 36 $145M 5.0%
Micro Cap 3 $3M 0.1%

Portfolio Analytics

Avg Market Cap
$104.2B
Median Market Cap
$19.1B
Avg P/E
29.2
Median P/E
18.8
Avg Dividend Yield
0.02%
Avg Beta
0.89
# Stocks
367
# ETFs / Funds
0

Top Holdings (367 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 CASY 1.98% 101,500 $57M $565.32 $46M +79,500 +361.4%
2 SNEX 1.89% 542,800 $55M $100.92 $45M +430,600 +383.8%
3 MTZ 1.76% 239,200 $51M $212.81 +239,200 NEW
4 PRIM 1.73% 364,600 $50M $137.33 +364,600 NEW
5 LDOS 1.70% 259,600 $49M $188.96 $46M +242,600 +1427.1%
6 DY 1.69% 167,500 $49M $291.76 -$9M -69,200 -29.2%
7 SNX 1.63% 287,404 $47M $163.75 $47M +286,456 +30216.9%
8 CHRW 1.54% 335,800 $44M $132.40 +335,800 NEW
9 M 1.53% 2,474,200 $44M $17.93 +2,474,200 NEW
10 J 1.51% 292,100 $44M $149.86 +292,100 NEW
11 ACM 1.50% 333,200 $43M $130.47 +333,200 NEW
12 CCK 1.50% 449,500 $43M $96.59 +449,500 NEW
13 W 1.50% 485,700 $43M $89.33 +485,700 NEW
14 GVA 1.48% 390,900 $43M $109.65 -$11M -180,100 -31.5%
15 SATS 1.47% 556,100 $42M $76.36 +556,100 NEW
16 LYFT 1.43% 1,880,100 $41M $22.01 +1,880,100 NEW
17 CAKE 1.42% 754,200 $41M $54.64 -$27M -337,200 -30.9%
18 ALV 1.42% 333,300 $41M $123.50 +333,300 NEW
19 VSAT 1.42% 1,404,800 $41M $29.30 $41M +1,393,430 +12255.3%
20 SANM 1.42% 355,600 $41M $115.11 +355,600 NEW
21 PENN 1.40% 2,104,700 $41M $19.26 +2,104,700 NEW
22 JLL 1.40% 135,500 $40M $298.28 +135,500 NEW
23 COMM 1.40% 2,610,900 $40M $15.48 +2,610,900 NEW
24 NXST 1.38% 202,400 $40M $197.74 +202,400 NEW
25 LAD 1.36% 124,500 $39M $316.00 +124,500 NEW
26 CALM 1.32% 404,500 $38M $94.10 +404,500 NEW
27 AAL 1.30% 3,339,200 $38M $11.24 +3,339,200 NEW
28 WWW 1.26% 1,332,200 $37M $27.44 +1,332,200 NEW
29 OPEN 1.20% 4,355,400 $35M $7.97 +4,355,400 NEW
30 WMB 1.15% 527,232 $33M $63.35 $28M +436,000 +477.9%
31 LNG 1.04% 128,567 $30M $234.98 -$3M -6,900 -5.1%
32 OKE 1.02% 405,654 $30M $72.97 -$2M +18,500 +4.8%
33 KMI 1.02% 1,045,061 $30M $28.31 -$663K +16,200 +1.6%
34 TRP 1.01% 534,630 $29M $54.41 $2M -23,200 -4.2%
35 EQT 0.99% 524,698 $29M $54.43 -$2M +4,900 +0.9%
36 SRE 0.93% 297,780 $27M $89.98 $2M -27,100 -8.3%
37 PRCH 0.89% 1,540,600 $26M $16.78 $6M -122,400 -7.4%
38 ENB 0.89% 510,665 $26M $50.46 $1M -31,800 -5.9%
39 ATO 0.87% 148,086 $25M $170.75 -$32K -16,200 -9.9%
40 BRK-A 0.86% 33 $25M $754,200.00 $838K
41 SO 0.85% 259,200 $25M $94.77 -$1M -23,700 -8.4%
42 VZ 0.69% 450,935 $20M $43.95 -$598K -20,900 -4.4%
43 ATRO 0.66% 416,300 $19M $45.61 $4M -33,100 -7.4%
44 WEC 0.60% 151,540 $17M $114.59 -$666K -21,500 -12.4%
45 DTM 0.60% 153,240 $17M $113.06 -$2M -20,200 -11.7%
46 BTSG 0.55% 538,100 $16M $29.56 $2M -42,700 -7.3%
47 NI 0.54% 362,781 $16M $43.30 -$1M -54,500 -13.1%
48 KR 0.52% 222,362 $15M $67.41 -$2M -11,800 -5.0%
49 JNJ 0.52% 80,650 $15M $185.42 $3M
50 CAH 0.47% 87,500 $14M $156.96 -$2M -4,900 -5.3%
51 CNP 0.47% 350,728 $14M $38.80 -$1M -54,600 -13.5%
52 TIGO 0.47% 277,900 $13M $48.54 $2M -22,000 -7.3%
53 NGG 0.47% 185,544 $13M $72.67 -$2M -25,500 -12.1%
54 PEG 0.46% 160,690 $13M $83.46 -$2M -24,200 -13.1%
55 UGI 0.44% 378,452 $13M $33.26 -$70M -1,891,500 -83.3%
56 DUK 0.43% 99,487 $12M $123.75 -$1M -14,900 -13.0%
57 PBI 0.42% 1,075,000 $12M $11.41 -$394K -85,400 -7.4%
58 ED 0.42% 120,836 $12M $100.52 -$2M -18,100 -13.0%
59 GHC 0.41% 9,987 $12M $1,177.31 $2M -800 -7.4%
60 FOXA 0.40% 184,500 $12M $63.06 $477K -14,600 -7.3%
61 IBM 0.40% 40,800 $12M $282.16 -$751K -800 -1.9%
62 LYV 0.39% 68,595 $11M $163.40 $14K -5,400 -7.3%
63 PCG 0.39% 740,149 $11M $15.08 -$704K -111,000 -13.0%
64 PSMT 0.38% 91,100 $11M $121.19 $715K -7,200 -7.3%
65 PM 0.37% 66,500 $11M $162.20 -$1M -400 -0.6%
66 GRPN 0.37% 457,800 $11M $23.35 -$6M -36,200 -7.3%
67 CMS 0.37% 145,698 $11M $73.26 -$930K -21,800 -13.0%
68 MRK 0.36% 125,300 $11M $83.93 $582K -200 -0.2%
69 MO 0.36% 155,900 $10M $66.06 $1M -1,000 -0.6%
70 CSCO 0.35% 148,700 $10M $68.42 -$458K -4,550 -3.0%
71 HMN 0.35% 223,700 $10M $45.17 -$273K -17,800 -7.4%
72 ADT 0.35% 1,159,900 $10M $8.71 -$499K -91,800 -7.3%
73 CHEF 0.35% 171,398 $10M $58.33 -$2M -13,600 -7.3%
74 ET 0.34% 580,930 $10M $17.16 -$564K
75 COMP 0.34% 1,235,400 $10M $8.03 $2M -98,000 -7.3%
76 CSGS 0.34% 154,067 $10M $64.38 -$940K -12,200 -7.3%
77 WMT 0.34% 95,800 $10M $103.06 -$228K -7,500 -7.3%
78 CVX 0.34% 63,232 $10M $155.29 $443K -2,250 -3.4%
79 FMS 0.34% 372,200 $10M $26.33 -$2M -29,600 -7.4%
80 TDS 0.34% 248,400 $10M $39.24 $208K -19,700 -7.3%
81 KO 0.34% 146,800 $10M $66.32 -$817K -2,350 -1.6%
82 EPD 0.34% 310,050 $10M $31.27 $81K
83 MCD 0.32% 30,900 $9M $303.89 $274K -300 -1.0%
84 AXS 0.32% 96,000 $9M $95.80 -$2M -7,600 -7.3%
85 FDP 0.32% 264,445 $9M $34.72 -$73K -21,000 -7.4%
86 L 0.32% 90,800 $9M $100.39 $133K -7,200 -7.3%
87 C 0.31% 89,400 $9M $101.50 $1M -1,000 -1.1%
88 ALHC 0.31% 519,700 $9M $17.45 $1M -41,200 -7.3%
89 EZPW 0.31% 474,200 $9M $19.04 $2M -37,600 -7.3%
90 DRVN 0.31% 557,200 $9M $16.11 -$2M -44,300 -7.4%
91 MPLX 0.31% 179,549 $9M $49.95 -$280K
92 EVER 0.31% 389,600 $9M $22.87 -$1M -31,000 -7.4%
93 ORI 0.30% 207,598 $9M $42.47 $206K -16,400 -7.3%
94 THG 0.30% 47,900 $9M $181.63 -$82K -3,800 -7.3%
95 PG 0.30% 56,550 $9M $153.65 -$66K +1,600 +2.9%
96 POST 0.30% 80,700 $9M $107.48 -$45M -413,900 -83.7%
97 ALL 0.30% 40,112 $9M $214.65 -$190K -3,600 -8.2%
98 BHF 0.30% 160,747 $9M $53.08 -$794K -12,700 -7.3%
99 VIRT 0.29% 237,400 $8M $35.50 -$3M -18,800 -7.3%
100 TRV 0.29% 29,900 $8M $279.22 -$266K -2,300 -7.1%

New Positions

SymbolValue% Port
MTZ $51M 1.76%
PRIM $50M 1.73%
CHRW $44M 1.54%
M $44M 1.53%
J $44M 1.51%
ACM $43M 1.50%
CCK $43M 1.50%
W $43M 1.50%
SATS $42M 1.47%
LYFT $41M 1.43%
ALV $41M 1.42%
SANM $41M 1.42%
PENN $41M 1.40%
JLL $40M 1.40%
COMM $40M 1.40%

Sold Out Positions

SymbolValue% Port
CB —%
FLR —%
HPE —%
NOW —%
SSTK —%
TDC —%
ECG —%
ANET —%
DCOM —%
VOYA —%
RNG —%
ALK —%
DXC —%
LUMN —%
KEY —%
View SEC EDGAR Filings for HENNESSY ADVISORS INC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms