13F-HR/A: Hennessy Advisors Inc. Discloses Q4 2023 Holdings, Adding New Positions
13F Holdings Report
Hennessy Advisors Inc. filed its Form 13F-HR/A for the quarter ended December 31, 2023, revealing its holdings and including new entries.
Summary
- Hennessy Advisors Inc. filed its Form 13F-HR/A for the quarter ended December 31, 2023.
- The filing includes an amendment adding new holdings entries.
- The report indicates a total of 84 entries in the Form 13F Information Table.
- The total value of the holdings reported is $639,192,659.
- Teresa M. Nilsen, President and Chief Operating Officer, signed the report on March 14, 2024.
- The filing confirms that all holdings of the reporting manager are included in this report.
Sentiment
Score: 6
Explanation: The document is a standard regulatory filing, providing factual information about the company's holdings. The sentiment is neutral.
Positives
- The filing provides a detailed overview of Hennessy Advisors Inc.'s investment portfolio.
- The inclusion of new holdings entries suggests active portfolio management.
- The large total value of holdings indicates a significant presence in the market.
Industry Context
Form 13F filings are a standard requirement for institutional investment managers with over $100 million in assets under management, providing transparency into their investment positions.
Comparison to Industry Standards
- Hennessy Advisors' portfolio composition can be compared to other investment firms of similar size and investment strategy to assess relative performance and risk exposure.
- Analyzing sector allocations and individual stock holdings against industry benchmarks can reveal insights into the firm's investment approach and potential areas of outperformance or underperformance.
Stakeholder Impact
- Shareholders can use this information to understand the investment strategy and portfolio composition of Hennessy Advisors Inc.
- The holdings data may influence the stock prices of the companies listed, depending on market perception and trading activity.
Key Dates
| Date | Description |
|---|---|
| 12-31-2023 | Report for the Calendar Year or Quarter Ended |
| 03-14-2024 | Date of Signing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.