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Portfolio (Quarterly) Guide ↗

HENNESSY ADVISORS INC

· CIK 0001145255
13F Portfolio $2.9B AUM Filed Oct 20, 2025 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 281 New
Page 2 of 15  ·  281 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 PENN Penn Entertainment Inc Consumer Cyclical 2,104,700.0 $40.5M 1.40% NEW $19.26 -15.6%
22 JLL Jones Lang LaSalle Inc Real Estate 135,500.0 $40.4M 1.40% NEW $298.28 -2.8%
23 VISN Commscope Hldg Co Inc Technology 2,610,900.0 $40.4M 1.40% NEW $15.48 -28.7%
24 NXST Nexstar Media Group Inc Communication Services 202,400.0 $40.0M 1.38% NEW $197.74 -3.1%
25 LAD Lithia Mtrs Inc Consumer Cyclical 124,500.0 $39.3M 1.36% NEW $316.00 -18.3%
26 CALM Cal Maine Foods Inc Consumer Defensive 404,500.0 $38.1M 1.31% NEW $94.10 -15.9%
27 AAL American Airls Group Inc. Industrials 3,339,200.0 $37.5M 1.30% NEW $11.24 +8.3%
28 WWW Wolverine World Wide Inc Consumer Cyclical 1,332,200.0 $36.6M 1.26% NEW $27.44 -45.7%
29 OPEN Opendoor Technologies Inc Real Estate 4,355,400.0 $34.7M 1.20% NEW $7.97 -46.8%
30 WMB Williams Cos Inc/The Energy 527,232.0 $33.4M 1.15% NEW $63.35 +24.8%
31 LNG Cheniere Energy Inc Energy 128,567.0 $30.2M 1.04% NEW $234.98 +4.8%
32 OKE ONEOK Inc Energy 405,654.0 $29.6M 1.02% NEW $72.97 +30.0%
33 KMI Kinder Morgan Inc Energy 1,045,061.0 $29.6M 1.02% NEW $28.31 +21.3%
34 TRP TC Energy Corp Energy 534,630.0 $29.1M 1.00% NEW $54.41 +27.7%
35 EQT EQT Corp Energy 524,698.0 $28.6M 0.99% NEW $54.43 +9.1%
36 SRE Sempra Utilities 297,780.0 $26.8M 0.93% NEW $89.98 +1.2%
37 PRCH Porch Group Inc Technology 1,540,600.0 $25.9M 0.89% NEW $16.78 -42.4%
38 ENB Enbridge Inc Energy 510,665.0 $25.8M 0.89% NEW $50.46 +12.5%
39 ATO Atmos Energy Corp Utilities 148,086.0 $25.3M 0.87% NEW $170.75 +5.1%
40 Berkshire Halthaway Inc - CL A 33.0 $24.9M 0.86% NEW $754200.00
Page 2 of 15  ·  281 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Consumer Cyclical 16.4%
Industrials 16.1%
Energy 13.2%
Technology 12.1%
Financial Services 11.4%
Utilities 10.4%
Consumer Defensive 7.9%
Communication Services 5.1%
Healthcare 4.7%
Real Estate 2.7%