13F-HR: Hennessy Advisors Inc. Discloses $2.37 Billion in Holdings for Q1 2024

Hennessy Advisors Inc. reported managing \$2.37 billion in assets across 287 holdings as of March 31, 2024, according to its latest 13F filing.

Summary

• Hennessy Advisors Inc. filed its Form 13F holdings report for the quarter ended March 31, 2024.
• The report indicates that the firm manages \$2,375,048,269 in assets.
• The filing lists a total of 287 holdings.
• The firm has sole voting authority over all shares reported.
• The report includes holdings in various companies across different sectors.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It provides factual information about the firm's holdings.

Positives

• The filing provides a detailed overview of Hennessy Advisors Inc.'s investment portfolio.
• The report includes a substantial number of holdings, indicating diversification.
• The total value of managed assets is significant, reflecting the firm's scale.

Industry Context

Form 13F filings are required by the SEC for institutional investment managers with over \$100 million in assets under management, providing transparency into their holdings and investment strategies. This filing allows investors and the public to understand the positions of Hennessy Advisors Inc. relative to the broader market and its peers.

Comparison to Industry Standards

• Without specific benchmarks or comparable firms listed in the document, a direct comparison is difficult.
• However, the filing's structure and content adhere to standard SEC requirements for Form 13F reports.
• The size and diversification of the portfolio can be compared against other investment managers with similar AUM once their 13F filings are available.

Stakeholder Impact

• Shareholders can use this information to understand the investment strategy of Hennessy Advisors Inc.
• The holdings data may influence the trading activity of the listed companies.

Key Dates