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Portfolio (Quarterly) Guide ↗

HENNESSY ADVISORS INC

· CIK 0001145255
13F Portfolio $2.8B AUM 283 positions Filed Jan 27, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 9 New 18 Added 226 Reduced 7 Exited
Page 4 of 12  ·  226 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 PSMT PriceSmart Inc Consumer Defensive 85,500.0 $10.5M 0.37% -6K -6.2% $122.67 +35.3%
62 GHC Graham Holdings Co Consumer Defensive 9,387.0 $10.3M 0.36% -600.0 -6.0% $1098.60 -0.2%
63 PM Philip Morris International Inc Consumer Defensive 63,800.0 $10.2M 0.36% -3K -4.1% $160.40 +17.6%
64 CHEF Chefs Whse Inc Consumer Defensive 160,998.0 $10.0M 0.36% -10K -6.1% $62.33 +25.3%
65 WMT Walmart Inc Consumer Defensive 89,900.0 $10.0M 0.35% -6K -6.2% $111.41 +17.4%
66 C Citigroup Inc Financial Services 85,800.0 $10.0M 0.35% -4K -4.0% $116.69 +7.3%
67 EVER EverQuote Inc Communication Services 365,800.0 $9.9M 0.35% -24K -6.1% $27.00 -31.0%
68 BHF Brighthouse Finl Inc Financial Services 150,947.0 $9.8M 0.35% -10K -6.1% $64.79 -3.2%
69 KO Coca-Cola Co/The Consumer Defensive 138,800.0 $9.7M 0.34% -8K -5.5% $69.91 +16.1%
70 HMN Horace Mann Educators Corp Financial Services 210,000.0 $9.7M 0.34% -14K -6.1% $46.18 +3.2%
71 AXS Axis Cap Hldgs Ltd Financial Services 90,100.0 $9.6M 0.34% -6K -6.2% $107.09 -6.0%
72 ALHC Alignment Healthcare Inc Healthcare 488,000.0 $9.6M 0.34% -32K -6.1% $19.75 -17.1%
73 TDS Telephone and Data Systems Inc Communication Services 233,300.0 $9.6M 0.34% -15K -6.1% $41.00 +1.5%
74 MPLX MPLX LP Energy 176,549.0 $9.4M 0.33% -3K -1.7% $53.37 +4.2%
75 CVX Chevron Corp Energy 60,982.0 $9.3M 0.33% -2K -3.6% $152.41 +25.3%
76 LYV Live Nation Entertainment Inc Communication Services 64,395.0 $9.2M 0.33% -4K -6.1% $142.50 +16.5%
77 CSCO Cisco Systems Inc Technology 116,600.0 $9.0M 0.32% -32K -21.6% $77.03 +53.4%
78 L Loews Corp Financial Services 85,200.0 $9.0M 0.32% -6K -6.2% $105.31 +3.7%
79 IBM International Business Machs Technology 30,150.0 $8.9M 0.32% -11K -26.1% $296.21 -14.6%
80 ORI Old Rep Intl Corp Financial Services 194,898.0 $8.9M 0.32% -13K -6.1% $45.64 -13.1%
Page 4 of 12  ·  226 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 16.8%
Industrials 16.3%
Technology 12.7%
Energy 12.6%
Financial Services 11.5%
Utilities 10.2%
Consumer Defensive 7.1%
Healthcare 5.2%
Communication Services 4.9%
Real Estate 2.5%