# HENNESSY ADVISORS INC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1145255. Source: https://holderbook.com/funds/1145255-hennessy-advisors-inc/

- Reported value: $3.1B
- Positions: 325
- Weight of the ten largest: 23.0%
- Filed: 2026-07-16

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| VIASAT INC | [VSAT](https://holderbook.com/stocks/VSAT/) | $108.2M | 1,204,700 | 3.5% | 8 |
| SANMINA CORP | [SANM](https://holderbook.com/stocks/SANM/) | $87.9M | 347,400 | 2.8% | 4 |
| MASTEC INC | [MTZ](https://holderbook.com/stocks/MTZ/) | $85.3M | 205,100 | 2.7% | 4 |
| TD SYNNEX CORPORATION | [SNX](https://holderbook.com/stocks/SNX/) | $75.3M | 281,600 | 2.4% | 5 |
| DYCOM INDS INC | [DY](https://holderbook.com/stocks/DY/) | $72.6M | 143,600 | 2.3% | 7 |
| STONEX GROUP INC | [SNEX](https://holderbook.com/stocks/SNEX/) | $66.9M | 564,600 | 2.1% | 5 |
| C H ROBINSON WORLDWIDE IN | [CHRW](https://holderbook.com/stocks/CHRW/) | $63.8M | 338,638 | 2.0% | 4 |
| CASEYS GEN STORES INC | [CASY](https://holderbook.com/stocks/CASY/) | $55.2M | 69,500 | 1.8% | 5 |
| GRANITE CONSTR INC | [GVA](https://holderbook.com/stocks/GVA/) | $53.0M | 335,200 | 1.7% | 7 |
| CHEESECAKE FACTORY INC | [CAKE](https://holderbook.com/stocks/CAKE/) | $51.4M | 646,700 | 1.6% | 7 |
| AMERICAN AIRLINES GROUP INC | [AAL](https://holderbook.com/stocks/AAL/) | $50.8M | 2,810,900 | 1.6% | 4 |
| MACYS INC | [M](https://holderbook.com/stocks/M/) | $50.0M | 2,121,700 | 1.6% | 4 |
| ECHOSTAR CORP | [ECHO](https://holderbook.com/stocks/ECHO/) | $48.4M | 476,900 | 1.5% | 4 |
| CROWN HLDGS INC | [CCK](https://holderbook.com/stocks/CCK/) | $43.1M | 385,500 | 1.4% | 4 |
| PENN ENTERTAINMENT INC | [PENN](https://holderbook.com/stocks/PENN/) | $38.6M | 1,804,900 | 1.2% | 4 |
| WAYFAIR INC | [W](https://holderbook.com/stocks/W/) | $38.5M | 416,500 | 1.2% | 4 |
| PRIMORIS SVCS CORP | [PRIM](https://holderbook.com/stocks/PRIM/) | $38.1M | 384,500 | 1.2% | 4 |
| JONES LANG LASALLE INC | [JLL](https://holderbook.com/stocks/JLL/) | $36.0M | 116,200 | 1.2% | 4 |
| AUTOLIV INC | [ALV](https://holderbook.com/stocks/ALV/) | $33.2M | 285,800 | 1.1% | 4 |
| WILLIAMS COS INC | [WMB](https://holderbook.com/stocks/WMB/) | $32.8M | 441,321 | 1.0% | 18 |
| CHENIERE ENERGY INC | [LNG](https://holderbook.com/stocks/LNG/) | $32.2M | 134,754 | 1.0% | 31 |
| JACOBS SOLUTIONS INC | [J](https://holderbook.com/stocks/J/) | $31.6M | 250,500 | 1.0% | 4 |
| ONEOK INC NEW | [OKE](https://holderbook.com/stocks/OKE/) | $31.3M | 360,114 | 1.0% | 19 |
| LITHIA MTRS INC | [LAD](https://holderbook.com/stocks/LAD/) | $31.0M | 106,800 | 1.0% | 4 |
| NEXSTAR MEDIA GROUP INC | [NXST](https://holderbook.com/stocks/NXST/) | $31.0M | 173,500 | 1.0% | 4 |
| DELL TECHNOLOGIES INC | [DELL](https://holderbook.com/stocks/DELL/) | $29.3M | 67,900 | 0.9% | 14 |
| KINDER MORGAN INC DEL | [KMI](https://holderbook.com/stocks/KMI/) | $29.2M | 912,151 | 0.9% | 31 |
| VISTANCE NETWORKS INC | [VISN](https://holderbook.com/stocks/VISN/) | $28.6M | 2,239,000 | 0.9% | 4 |
| CAL MAINE FOODS INC | [CALM](https://holderbook.com/stocks/CALM/) | $27.9M | 346,800 | 0.9% | 4 |
| TC ENERGY CORP | [TRP](https://holderbook.com/stocks/TRP/) | $27.7M | 417,800 | 0.9% | 17 |
| PELOTON INTERACTIVE INC | [PTON](https://holderbook.com/stocks/PTON/) | $26.5M | 4,487,400 | 0.8% | 3 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $26.2M | 35 | 0.8% | 31 |
| SEMPRA | [SRE](https://holderbook.com/stocks/SRE/) | $25.9M | 279,780 | 0.8% | 31 |
| ATMOS ENERGY CORP | [ATO](https://holderbook.com/stocks/ATO/) | $25.5M | 148,286 | 0.8% | 31 |
| SOUTHERN CO | [SO](https://holderbook.com/stocks/SO/) | $25.3M | 263,900 | 0.8% | 31 |
| ENBRIDGE INC | [ENB](https://holderbook.com/stocks/ENB/) | $24.6M | 454,565 | 0.8% | 31 |
| LYFT INC | [LYFT](https://holderbook.com/stocks/LYFT/) | $23.6M | 1,612,300 | 0.8% | 4 |
| DT MIDSTREAM INC | [DTM](https://holderbook.com/stocks/DTM/) | $22.5M | 153,480 | 0.7% | 18 |
| LEIDOS HOLDINGS INC | [LDOS](https://holderbook.com/stocks/LDOS/) | $22.4M | 217,100 | 0.7% | 6 |
| AECOM | [ACM](https://holderbook.com/stocks/ACM/) | $19.9M | 285,700 | 0.6% | 4 |
| WOLVERINE WORLD WIDE INC | [WWW](https://holderbook.com/stocks/WWW/) | $18.9M | 1,142,400 | 0.6% | 4 |
| JABIL INC | [JBL](https://holderbook.com/stocks/JBL/) | $18.1M | 46,989 | 0.6% | 14 |
| WEC ENERGY GROUP INC | [WEC](https://holderbook.com/stocks/WEC/) | $17.6M | 151,140 | 0.6% | 31 |
| OPENDOOR TECHNOLOGIES INC | [OPEN](https://holderbook.com/stocks/OPEN/) | $17.3M | 3,734,900 | 0.6% | 4 |
| VISHAY INTERTECHNOLOGY INC | [VSH](https://holderbook.com/stocks/VSH/) | $17.2M | 320,100 | 0.6% | 1 |
| NISOURCE INC | [NI](https://holderbook.com/stocks/NI/) | $17.1M | 359,381 | 0.5% | 31 |
| NATIONAL GRID PLC | [NGG](https://holderbook.com/stocks/NGG/) | $16.1M | 194,044 | 0.5% | 31 |
| EQT CORP | [EQT](https://holderbook.com/stocks/EQT/) | $15.2M | 285,232 | 0.5% | 18 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $14.8M | 114,850 | 0.5% | 31 |
| CONSOLIDATED EDISON INC | [ED](https://holderbook.com/stocks/ED/) | $14.1M | 127,836 | 0.5% | 31 |
| CENTERPOINT ENERGY INC | [CNP](https://holderbook.com/stocks/CNP/) | $13.8M | 314,428 | 0.4% | 31 |
| PETROLEO BRASILEIRO S A | [PBR](https://holderbook.com/stocks/PBR/) | $13.8M | 855,400 | 0.4% | 14 |
| BRIGHTSPRING HEALTH SVCS INC | [BTSG](https://holderbook.com/stocks/BTSG/) | $13.6M | 194,800 | 0.4% | 5 |
| PUBLIC SVC ENTERPRISE GROUP | [PEG](https://holderbook.com/stocks/PEG/) | $13.3M | 163,790 | 0.4% | 31 |
| GARRETT MOTION INC | [GTX](https://holderbook.com/stocks/GTX/) | $13.2M | 365,600 | 0.4% | 1 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $12.6M | 85,600 | 0.4% | 10 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $12.5M | 49,300 | 0.4% | 14 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $12.0M | 28,850 | 0.4% | 5 |
| AAR CORP | [AIR](https://holderbook.com/stocks/AIR/) | $11.9M | 83,300 | 0.4% | 1 |
| MYR GROUP INC | [MYRG](https://holderbook.com/stocks/MYRG/) | $11.4M | 22,800 | 0.4% | 1 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $11.3M | 89,187 | 0.4% | 31 |
| DIVERSIFIED HEALTHCARE TR | [DHC](https://holderbook.com/stocks/DHC/) | $11.2M | 1,207,300 | 0.4% | 1 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $11.2M | 138,150 | 0.4% | 31 |
| PG&E CORP | [PCG](https://holderbook.com/stocks/PCG/) | $10.9M | 645,949 | 0.3% | 31 |
| DIEBOLD NIXDORF INC | [DBD](https://holderbook.com/stocks/DBD/) | $10.9M | 127,700 | 0.3% | 1 |
| OCEANEERING INTL INC | [OII](https://holderbook.com/stocks/OII/) | $10.8M | 267,086 | 0.3% | 1 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $10.8M | 85,199 | 0.3% | 31 |
| COMPASS MINERALS INTL INC | [CMP](https://holderbook.com/stocks/CMP/) | $10.8M | 345,500 | 0.3% | 1 |
| KAISER ALUMINIUM CORPORATION | [KALU](https://holderbook.com/stocks/KALU/) | $10.6M | 54,400 | 0.3% | 1 |
| USA TODAY CO INC | [TDAY](https://holderbook.com/stocks/TDAY/) | $10.6M | 1,237,254 | 0.3% | 1 |
| SCHOLASTIC CORP | [SCHL](https://holderbook.com/stocks/SCHL/) | $10.4M | 227,000 | 0.3% | 1 |
| PITNEY BOWES INC | [PBI](https://holderbook.com/stocks/PBI/) | $10.4M | 594,900 | 0.3% | 5 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $10.4M | 62,782 | 0.3% | 31 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $10.4M | 245,650 | 0.3% | 31 |
| ENCORE CAP GROUP INC | [ECPG](https://holderbook.com/stocks/ECPG/) | $10.4M | 111,400 | 0.3% | 1 |
| CMS ENERGY CORP | [CMS](https://holderbook.com/stocks/CMS/) | $10.3M | 135,098 | 0.3% | 31 |
| ENTERPRISE PRODS PARTNERS L | [EPD](https://holderbook.com/stocks/EPD/) | $10.3M | 280,390 | 0.3% | 18 |
| ENERGY TRANSFER L P | [ET](https://holderbook.com/stocks/ET/) | $10.3M | 537,596 | 0.3% | 18 |
| DELEK US HLDGS INC NEW | [DK](https://holderbook.com/stocks/DK/) | $10.2M | 200,900 | 0.3% | 1 |
| CALUMET INC | [CLMT](https://holderbook.com/stocks/CLMT/) | $10.2M | 283,200 | 0.3% | 1 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $10.1M | 74,841 | 0.3% | 10 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $10.1M | 28,640 | 0.3% | 6 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $10.0M | 139,500 | 0.3% | 31 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $10.0M | 85,400 | 0.3% | 31 |
| PBF ENERGY INC | [PBF](https://holderbook.com/stocks/PBF/) | $10.0M | 218,900 | 0.3% | 1 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $9.8M | 69,900 | 0.3% | 31 |
| EZCORP INC | [EZPW](https://holderbook.com/stocks/EZPW/) | $9.8M | 282,800 | 0.3% | 5 |
| HF SINCLAIR CORP | [DINO](https://holderbook.com/stocks/DINO/) | $9.7M | 139,100 | 0.3% | 1 |
| ARCELORMITTAL SA LUXEMBOURG | [MT](https://holderbook.com/stocks/MT/) | $9.6M | 159,900 | 0.3% | 1 |
| HAMILTON INSURANCE GROUP LTD | [HG](https://holderbook.com/stocks/HG/) | $9.5M | 280,800 | 0.3% | 1 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $9.4M | 163,850 | 0.3% | 31 |
| CONSTELLIUM SE | [CSTM](https://holderbook.com/stocks/CSTM/) | $9.4M | 294,500 | 0.3% | 1 |
| DXP ENTERPRISES INC | [DXPE](https://holderbook.com/stocks/DXPE/) | $9.3M | 55,239 | 0.3% | 1 |
| COLGATE PALMOLIVE CO | [CL](https://holderbook.com/stocks/CL/) | $9.2M | 100,700 | 0.3% | 6 |
| WESCO INTL INC | [WCC](https://holderbook.com/stocks/WCC/) | $9.2M | 26,600 | 0.3% | 1 |
| MPLX LP | [MPLX](https://holderbook.com/stocks/MPLX/) | $9.2M | 162,519 | 0.3% | 18 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $9.1M | 30,400 | 0.3% | 2 |
| KENNAMETAL INC | [KMT](https://holderbook.com/stocks/KMT/) | $9.0M | 256,500 | 0.3% | 1 |
| EXELON CORP | [EXC](https://holderbook.com/stocks/EXC/) | $9.0M | 192,661 | 0.3% | 31 |
| PLAINS ALL AMERN PIPELINE L | [PAA](https://holderbook.com/stocks/PAA/) | $9.0M | 403,256 | 0.3% | 19 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +12.3% | +14.8% | -2.6% | 100% |
| Q1 2026 | +3.8% | -4.6% | +8.4% | 100% |
| Q4 2025 | +1.3% | +2.4% | -1.1% | 100% |
| Q3 2025 | +2.4% | +7.8% | -5.5% | 100% |
| Q2 2025 | +7.3% | +10.5% | -3.2% | 100% |
| Q1 2025 | -4.3% | -4.6% | +0.3% | 100% |
| Q4 2024 | +2.3% | +2.1% | +0.1% | 100% |
| Q3 2024 | +9.1% | +5.4% | +3.7% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $3.1B | 325 |
| Q1 2026 | $2.8B | 278 |
| Q4 2025 | $2.8B | 283 |
| Q3 2025 | $2.9B | 281 |
| Q2 2025 | $3.0B | 340 |
| Q1 2025 | $3.0B | 295 |
| Q4 2024 | $3.4B | 306 |
| Q3 2024 | $3.1B | 300 |
| Q2 2024 | $2.6B | 300 |
| Q1 2024 | $2.4B | 287 |
| Q4 2023 | $2.0B | 302 |
| Q3 2023 | $1.4B | 225 |