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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 7 of 12  ·  226 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
121 SU Suncor Energy Inc New Energy 136,860.0 $6.1M 0.21% -7K -5.1% $44.36 +52.9%
122 AM Antero Midstream Corp Energy 338,840.0 $6.0M 0.21% -5K -1.4% $17.79 +22.6%
123 UPS United Parcel Service Inc Industrials 59,600.0 $5.9M 0.21% -3K -4.2% $99.19 -0.3%
124 OGS ONE Gas Inc Utilities 76,075.0 $5.9M 0.21% -3K -3.5% $77.25 +6.6%
125 NFG National Fuel Gas Co Energy 71,324.0 $5.7M 0.20% -2K -3.3% $80.06 +1.5%
126 T AT&T Inc Communication Services 228,960.0 $5.7M 0.20% -13K -5.3% $24.84 +0.4%
127 ABT Abbott Laboratories Healthcare 45,000.0 $5.6M 0.20% -2K -5.3% $125.29 -29.9%
128 SHEL Shell PLC Energy 76,500.0 $5.6M 0.20% -4K -5.3% $73.48 +18.0%
129 BP BP PLC Energy 161,100.0 $5.6M 0.20% -9K -5.2% $34.73 +29.2%
130 MDT Medtronic PLC Healthcare 57,900.0 $5.6M 0.20% -3K -5.4% $96.06 -18.6%
131 DTE DTE Energy Co Utilities 43,104.0 $5.6M 0.20% -2K -3.4% $128.98 +11.5%
132 EXC Exelon Corp Utilities 127,231.0 $5.5M 0.20% -5K -3.6% $43.59 +4.0%
133 NOMD Nomad Foods Ltd Consumer Defensive 441,100.0 $5.5M 0.20% -29K -6.1% $12.51 -19.0%
134 PPL PPL Corp Utilities 156,719.0 $5.5M 0.19% -6K -3.6% $35.02 +1.2%
135 SLB SLB Limited Energy 134,910.0 $5.2M 0.18% -7K -4.7% $38.38 +49.2%
136 NJR New Jersey Resources Corp Utilities 106,134.0 $4.9M 0.17% -4K -3.5% $46.12 +24.0%
137 BMY Bristol-Myers Squibb Co Healthcare 90,700.0 $4.9M 0.17% -5K -5.2% $53.94 +10.4%
138 FTS Fortis Inc Utilities 94,176.0 $4.9M 0.17% -4K -3.6% $51.94 +8.3%
139 EQNR Equinor ASA Energy 204,800.0 $4.8M 0.17% -11K -5.3% $23.63 +63.6%
140 PFE Pfizer Inc Healthcare 194,100.0 $4.8M 0.17% -11K -5.3% $24.90 +4.2%
Page 7 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%