HA

Hennessy Advisors INC

Diversified strategyMomentum followerQuality / disciplined sizing

Total reported value

$2.8B

Reporting period: 2026-03-31 · Number of holdings: 278

HENNESSY ADVISORS INC disclosed 278 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $2.8B and a quarterly turnover rate of 23.3%.

Personality snowflake

Concentration
3.56
Portfolio Stability
23.3
Momentum/Contrarian
100
Sector conviction
44.5
Diversification
100
Sizing Uniformity
87.84

Recent moves

  • Add MTZ

    -9.5%　$16.7M

  • Trim AAL

    -9.5%　-$17.4M

  • Trim W

    -9.5%　-$14.9M

  • Trim LYFT

    -9.5%　-$13.1M

  • Trim M

    -9.5%　-$13.3M

  • Trim LAD

    -9.4%　-$12.5M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1MTZMastec INCStock-Industrials2.38%+0.63%-9.49%
2CASYCasey's General Stores INCStock-Consumer Disc2.31%+0.43%-8.24%
3SNEXStonex Group INCStock-Financials2.06%+0.33%+37.55%
4ECHOEchostar Corp-aStock-Comm Services2.02%—-9.47%
5VSATViasat INCStock-Tech1.99%+0.37%-9.46%
6DYDycom Industries INCStock-Industrials1.76%-0.14%-9.46%
7CHRWC.h. Robinson Worldwide INCStock-Industrials1.73%—-9.46%
8PRIMPrimoris Services CORPStock-Industrials1.62%—-9.47%
9SNXTD Synnex CORPStock-Tech1.47%—-9.14%
10VISNVistance Networks INCStock-Tech1.47%-0.12%-9.46%
11GVAGranite Construction INCStock-Industrials1.45%—-9.48%
12SANMSanmina CORPStock-Tech1.43%-0.36%-9.47%
13CCKCrown Holdings INCStock-Consumer Disc1.40%-0.15%-9.46%
14MMacy's INCStock-Consumer Disc1.39%-0.44%-9.46%
15OKEOneok INCStock-Energy1.29%+0.26%-0.09%
16CAKECheesecake Factory Inc/theStock-Consumer Disc1.28%—-9.48%
17JLLJones Lang Lasalle INCStock-Real Estate1.28%-0.25%-9.50%
18LDOSLeidos Holdings INCStock-Tech1.22%-0.33%-10.09%
19LNGCheniere Energy INCStock-Energy1.21%+0.19%-20.09%
20WMBWilliams Cos INCStock-Energy1.18%—-8.60%
21JJacobs Solutions INCStock-Industrials1.15%-0.15%-9.47%
22NXSTNexstar Media Group INCStock-Comm Services1.13%-0.25%-9.49%
23WWayfair Inc- Class AStock-Consumer Disc1.13%-0.51%-9.46%
24KMIKinder Morgan INCStock-Energy1.12%—-8.87%
25AALAmerican Airlines Group INCStock-Industrials1.09%-0.60%-9.46%
26ALVAutoliv INCStock-Consumer Disc1.09%-0.24%-9.47%
27TRPTc Energy CORPStock-Energy1.04%—-8.34%
28CALMCal-maine Foods INCStock-Consumer Staples0.99%—-9.48%
29SRESempraStock-Utilities0.98%—+2.87%
30PENNPenn Entertainment INCStock-Consumer Disc0.98%—-9.47%
31EQTEqt CORPStock-Energy0.97%+0.17%+0.38%
32LADLithia Motors INCStock-Consumer Disc0.96%-0.43%-9.41%
33ENBEnbridge INCStock-Energy0.96%—-2.73%
34ATOAtmos Energy CORPStock-Utilities0.96%—-0.76%
35BRK-ABerkshire Hathaway Inc-cl AStock-Other0.93%—+9.09%
36ATROAstronics CORPStock-Other0.91%+0.16%-3.35%
37SOSouthern Co/theStock-Utilities0.89%—+1.47%
38ACMAecomStock-Industrials0.88%-0.19%-9.47%
39VZVerizon Communications INCStock-Comm Services0.81%+0.19%+3.06%
40LYFTLyft Inc-aStock-Tech0.77%-0.45%-9.47%
41BTSGBrightspring Health ServicesStock-Other0.75%—-3.36%
42DTMDt Midstream INCStock-Energy0.72%—-1.11%
43PTONPeloton Interactive Inc-aStock-Consumer Disc0.70%-0.38%-9.47%
44TIGOMillicom International Cellular S.A.Stock-Comm Services0.68%+0.17%-3.37%
45WWWWolverine World Wide INCStock-Other0.67%-0.14%-9.46%
46OPENOpendoor Technologies INCStock-Real Estate0.63%-0.22%-9.47%
47WECWec Energy Group INCStock-Utilities0.62%——
48NINisource INCStock-Utilities0.60%—-1.19%
49NGGNational Grid Plc-sp AdrStock-Utilities0.55%—+0.17%
50CNPCenterpoint Energy INCStock-Utilities0.52%—-2.02%
1–50 of 278

Holding changes this quarter

Hennessy Advisors INC's most significant position changes for 2026-03-31: Sold out: Rtx CORP (RTX); New buy: T-mobile US INC (TMUS); New buy: British American Tob-sp Adr (BTI); New buy: Texas Instruments INC (TXN); Sold out: Totalenergies Se.

Position changes disclosed by Hennessy Advisors INC for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1MTZMastec INC+0.6%-9.49%Trim
2CASYCasey's General Stores INC+0.4%-8.24%Trim
3VSATViasat INC+0.4%-9.46%Trim
4SNEXStonex Group INC+0.3%+37.55%Add
5OKEOneok INC+0.3%-0.09%Trim
6UNHUnitedhealth Group INC+0.2%+333.82%Add
7JPMJpmorgan Chase & Co+0.2%+360.00%Add
8EQNREquinor Asa-spon Adr+0.2%+14.16%Add
9LNGCheniere Energy INC+0.2%-20.09%Trim
10VZVerizon Communications INC+0.2%+3.06%Add
11BMYBristol-myers Squibb Co+0.2%+76.85%Add
12PBRPetroleo Brasileiro-spon Adr+0.2%+18.71%Add
13TIGOMillicom International Cellular S.A.+0.2%-3.37%Trim
14EQTEqt CORP+0.2%+0.38%Add
15PGProcter & Gamble Co/the+0.2%+52.84%Add
16CLColgate-palmolive Co+0.2%+78.61%Add
17CVXChevron CORP+0.2%+6.97%Add
18ATROAstronics CORP+0.2%-3.35%Trim
19VISNVistance Networks INC-0.1%-9.46%Trim
20COMPCompass INC - Class A-0.1%-3.35%Trim
21DYDycom Industries INC-0.1%-9.46%Trim
22CAHCardinal Health INC-0.1%-27.59%Trim
23WWWWolverine World Wide INC-0.1%-9.46%Trim
24CCKCrown Holdings INC-0.2%-9.46%Trim
25JJacobs Solutions INC-0.2%-9.47%Trim
26EVEREverquote INC - Class A-0.2%-3.34%Trim
27PMPhilip Morris International-0.2%-43.73%Trim
28ACMAecom-0.2%-9.47%Trim
29MCDMcdonald's CORP-0.2%-77.92%Trim
30OPENOpendoor Technologies INC-0.2%-9.47%Trim
31ALVAutoliv INC-0.2%-9.47%Trim
32JLLJones Lang Lasalle INC-0.3%-9.50%Trim
33NXSTNexstar Media Group INC-0.3%-9.49%Trim
34LDOSLeidos Holdings INC-0.3%-10.09%Trim
35SANMSanmina CORP-0.4%-9.47%Trim
36PTONPeloton Interactive Inc-a-0.4%-9.47%Trim
37LADLithia Motors INC-0.4%-9.41%Trim
38MMacy's INC-0.4%-9.46%Trim
39LYFTLyft Inc-a-0.5%-9.47%Trim
40WWayfair Inc- Class A-0.5%-9.46%Trim
41AALAmerican Airlines Group INC-0.6%-9.46%Trim
42RTXRtx CORP—EXITSold out
43TMUST-mobile US INC—NEWNew buy
44BTIBritish American Tob-sp Adr—NEWNew buy
45TXNTexas Instruments INC—NEWNew buy
46✓ Totalenergies Se—EXITSold out
47KHCKraft Heinz Co/the—EXITSold out
48CATCaterpillar INC—EXITSold out
49ULTAUlta Beauty INC—EXITSold out
50CORCencora INC—EXITSold out

FAQ

What is Hennessy Advisors INC and what type of investor is it?
Hennessy Advisors INC is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $2.8B, spread across 278 disclosed positions.
What are Hennessy Advisors INC's largest equity positions?
Based on the latest 13F filing, Hennessy Advisors INC's top holdings by market value are: 1. Mastec INC (MTZ) — $66.0M (2.4%) 2. Casey's General Stores INC (CASY) — $64.1M (2.3%) 3. Stonex Group INC (SNEX) — $56.9M (2.1%) 4. Echostar Corp-a (ECHO) — $55.8M (2.0%) 5. Viasat INC (VSAT) — $55.2M (2.0%)
What changes did Hennessy Advisors INC make in its most recent portfolio filing?
In the latest reported quarter, Hennessy Advisors INC made 50 notable position adjustments: 3 new positions were initiated, 11 existing holdings were added to, 30 positions were partially reduced, and 6 were completely exited. The largest of these moves: Sold out: Rtx CORP (RTX); New buy: T-mobile US INC (TMUS); New buy: British American Tob-sp Adr (BTI); New buy: Texas Instruments INC (TXN); Sold out: Totalenergies Se
What sectors does Hennessy Advisors INC focus on?
Hennessy Advisors INC is concentrated in the following sectors based on its current disclosed equity portfolio: • Health Care: 24.9% • Consumer Staples: 16.1% • Financials: 13.3% • Communication Services: 12.6% • Energy: 10.9% • Consumer Discretionary: 8.7%