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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 13 of 15  ·  283 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
241 Berkshire Hathaway Inc 3,000.0 $1.5M 0.05% $502.65
242 USB US Bancorp Financial Services 28,000.0 $1.5M 0.05% +15K +115.4% $53.36 +2.1%
243 HWC Hancock Whitney Corp Financial Services 23,000.0 $1.5M 0.05% -2K -8.0% $63.68 +4.7%
244 V Visa Inc Financial Services 4,100.0 $1.4M 0.05% +100.0 +2.5% $350.71 -5.7%
245 MA Mastercard Incorporated Financial Services 2,500.0 $1.4M 0.05% +500.0 +25.0% $570.88 -12.5%
246 SYF Synchrony Financial Financial Services 17,000.0 $1.4M 0.05% -3K -15.0% $83.43 -13.6%
247 ASB Associated Banc-Corp Financial Services 55,000.0 $1.4M 0.05% -15K -21.4% $25.76 +8.9%
248 PYPL PayPal Holdings Inc Financial Services 24,000.0 $1.4M 0.05% +3K +14.3% $58.38 -24.0%
249 HOOD Robinhood Markets Inc Financial Services 11,000.0 $1.2M 0.04% -2K -12.0% $113.10 -32.9%
250 Block Inc 18,000.0 $1.2M 0.04% -2K -10.0% $65.09
251 MGEE MGE Energy Inc Utilities 13,279.0 $1.0M 0.04% $78.42 -3.1%
252 GS Goldman Sachs Group Inc/The Financial Services 1,100.0 $967K 0.03% -200.0 -15.4% $879.00 +12.4%
253 NWE Northwestern Energy Group Inc Utilities 14,798.0 $955K 0.03% $64.54 +11.2%
254 COIN Coinbase Global Inc Financial Services 4,000.0 $905K 0.03% -1K -20.0% $226.14 -14.4%
255 AUB Atlantic UN Bankshares Corp Financial Services 25,000.0 $882K 0.03% -10K -28.6% $35.30 +6.7%
256 AQN Algonquin Power & Utilities Corp Utilities 141,064.0 $868K 0.03% -4K -2.8% $6.15 -3.9%
257 AVA Avista Corp Utilities 22,272.0 $858K 0.03% $38.54 +6.2%
258 NOV NOV Inc Energy 45,900.0 $717K 0.03% -5K -9.8% $15.63 +33.5%
259 UTL Unitil Corp Utilities 14,598.0 $707K 0.03% $48.44 +6.0%
260 HP Helmerich & Payne Inc Energy 22,000.0 $631K 0.02% $28.68 +38.1%
Page 13 of 15  ·  283 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%