HENNESSY ADVISORS INC

CIK: 0001145255SEC EDGAR →

Portfolio Value

$2.8T

Holdings

283

As of

Q4 2025

New Positions

283

Closed Positions

Portfolio Value History

Top 10 Holdings

Rank	Stock	Shares	Value	% of Portfolio
1	SATS EchoStar Corp	526,800	$57.3B	2.03%
2	DY Dycom Industries Inc	158,600	$53.6B	1.90%
3	CASY Caseys Gen Stores Inc	95,900	$53.0B	1.88%
4	FDO.F Macy's Inc	2,343,500	$51.7B	1.83%
5	CHRW C H Robinson Worldwide Inc	318,100	$51.1B	1.81%
6	SANM Sanmina Corporation	336,800	$50.5B	1.79%
7	MTZ MasTec Inc	226,600	$49.3B	1.75%
8	SNEX StoneX Group Inc	513,300	$48.8B	1.73%
9	AAL American Airls Group Inc.	3,104,700	$47.6B	1.69%
10	W Wayfair Inc	460,000	$46.2B	1.64%

Quarterly Changes

Top Buys

SATSNEW

$57.3B

DYNEW

$53.6B

CASYNEW

$53.0B

FDO.FNEW

$51.7B

CHRWNEW

$51.1B

Top Sells

No sells this quarter

New Positions (283)

SATS

$57.3B · 527K shares

$53.6B · 159K shares

$53.0B · 96K shares

$51.7B · 2.3M shares

$51.1B · 318K shares

$50.5B · 337K shares

$49.3B · 227K shares

$48.8B · 513K shares

$47.6B · 3.1M shares

$46.2B · 460K shares

$45.9B · 1.3M shares

$44.8B · 2.5M shares

$43.8B · 426K shares

$43.6B · 242K shares

$43.2B · 128K shares

$42.9B · 345K shares

$42.7B · 370K shares

$40.0B · 266K shares

$39.2B · 118K shares

$38.9B · 192K shares

$37.5B · 316K shares

$36.7B · 277K shares

$36.1B · 714K shares

$34.5B · 1.8M shares

$30.5B · 5.0M shares

$30.5B · 383K shares

$30.1B · 316K shares

$29.6B · 493K shares

$29.4B · 2.0M shares

$29.1B · 396K shares

$28.7B · 148K shares

$27.8B · 1.0M shares

$27.6B · 502K shares

$24.9B · 33 shares

$24.2B · 506K shares

$24.2B · 144K shares

$24.1B · 4.1M shares

$24.0B · 272K shares

$22.9B · 1.3M shares

$22.6B · 422K shares

$22.0B · 252K shares

$21.2B · 391K shares

$18.9B · 505K shares

$17.9B · 150K shares

$17.6B · 431K shares

$17.1B · 83K shares

$15.7B · 149K shares

$15.3B · 74K shares

$15.1B · 363K shares

$14.5B · 261K shares

$14.0B · 181K shares

$13.4B · 358K shares

$13.2B · 1.4M shares

$13.1B · 210K shares

$13.1B · 341K shares

$12.8B · 122K shares

$12.7B · 173K shares

$12.6B · 156K shares

$12.3B · 1.2M shares

$11.7B · 118K shares

$11.6B · 720K shares

$11.3B · 97K shares

$11.1B · 145K shares

$10.7B · 1.0M shares

$10.5B · 86K shares

$10.3B · 9K shares

$10.2B · 64K shares

$10.2B · 146K shares

$10.0B · 161K shares

$10.0B · 90K shares

$10.0B · 86K shares

$9.9B · 310K shares

$9.9B · 366K shares

$9.8B · 151K shares

$9.7B · 139K shares

HMN

$9.7B · 210K shares

AXS

$9.6B · 90K shares

ALHC

$9.6B · 488K shares

$9.6B · 581K shares

$9.6B · 233K shares

$9.4B · 177K shares

$9.3B · 61K shares

$9.2B · 64K shares

$9.0B · 117K shares

$9.0B · 85K shares

$8.9B · 30K shares

$8.9B · 195K shares

$8.8B · 248K shares

$8.8B · 1.1M shares

$8.7B · 61K shares

$8.6B · 445K shares

$8.6B · 150K shares

MKL

$8.6B · 4K shares

$8.4B · 89K shares

$8.3B · 47K shares

$8.3B · 350K shares

$8.2B · 45K shares

$8.1B · 28K shares

$8.1B · 56K shares

$7.9B · 101K shares

$7.9B · 144K shares

$7.9B · 438K shares

$7.8B · 38K shares

$7.8B · 84K shares

$7.8B · 184K shares

$7.8B · 523K shares

$7.7B · 42K shares

$7.7B · 97K shares

$7.6B · 145K shares

$7.6B · 430K shares

$7.5B · 76K shares

$7.5B · 52K shares

$7.5B · 153K shares

$7.5B · 80K shares

$7.4B · 223K shares

$7.4B · 92K shares

$7.3B · 24K shares

$7.2B · 42K shares

UNM

$7.2B · 93K shares

XEL

$7.2B · 97K shares

$6.9B · 76K shares

GILD

$6.8B · 56K shares

ABBV

$6.8B · 30K shares

WMK

$6.7B · 105K shares

$6.6B · 501K shares

$6.4B · 101K shares

$6.3B · 116K shares

$6.3B · 53K shares

$6.2B · 160K shares

$6.1B · 181K shares

$6.1B · 137K shares

$6.0B · 339K shares

$6.0B · 17K shares

UPS

$5.9B · 60K shares

OGS

$5.9B · 76K shares

NFG

$5.7B · 71K shares

$5.7B · 229K shares

ABT

$5.6B · 45K shares

SHEL

$5.6B · 77K shares

TTE

$5.6B · 86K shares

$5.6B · 161K shares

$5.6B · 58K shares

$5.6B · 43K shares

$5.5B · 127K shares

$5.5B · 441K shares

$5.5B · 157K shares

$5.3B · 81K shares

$5.2B · 135K shares

$4.9B · 106K shares

$4.9B · 91K shares

$4.9B · 94K shares

$4.8B · 205K shares

$4.8B · 194K shares

$4.8B · 23K shares

$4.7B · 88K shares

$4.7B · 120K shares

$4.5B · 58K shares

SBUX

$4.5B · 54K shares

PBR

$4.4B · 372K shares

$4.3B · 52K shares

AMGN

$4.3B · 13K shares

KHC

$4.2B · 174K shares

CMCSA

$4.2B · 140K shares

$4.2B · 71K shares

$4.1B · 213K shares

$4.0B · 104K shares

$4.0B · 9K shares

$4.0B · 7K shares

$3.9B · 7K shares

$3.9B · 138K shares

$3.8B · 17K shares

$3.8B · 76K shares

$3.8B · 145K shares

$3.7B · 13K shares

$3.7B · 11K shares

$3.7B · 185K shares

$3.6B · 181K shares

$3.5B · 110K shares

$3.5B · 49K shares

$3.5B · 180K shares

$3.5B · 35K shares

$3.4B · 47K shares

$3.4B · 270K shares

$3.3B · 47K shares

$3.3B · 15K shares

$3.2B · 180K shares

$3.1B · 17K shares

$3.1B · 25K shares

$3.1B · 145K shares

$3.1B · 110K shares

$3.0B · 24K shares

$3.0B · 19K shares

$2.9B · 16K shares

$2.9B · 65K shares

$2.9B · 17K shares

$2.8B · 40K shares

$2.7B · 8K shares

$2.7B · 800 shares

$2.7B · 6K shares

$2.7B · 40K shares

$2.7B · 15K shares

$2.6B · 23K shares

$2.6B · 36K shares

$2.6B · 8K shares

$2.6B · 24K shares

$2.6B · 25K shares

$2.6B · 11K shares

$2.6B · 5K shares

$2.6B · 18K shares

$2.6B · 35K shares

$2.6B · 70K shares

$2.5B · 18K shares

$2.5B · 34K shares

$2.5B · 11K shares

$2.4B · 23K shares

$2.4B · 10K shares

$2.3B · 185K shares

$2.3B · 49K shares

$2.2B · 7K shares

$2.2B · 300 shares

$2.2B · 32K shares

$2.1B · 115K shares

$2.1B · 95K shares

$2.1B · 7K shares

$2.1B · 32K shares

$2.1B · 21K shares

$2.1B · 113K shares

$2.0B · 15K shares

$2.0B · 20K shares

$1.8B · 81K shares

$1.8B · 37K shares

$1.8B · 6K shares

$1.8B · 14K shares

$1.7B · 90K shares

$1.7B · 65K shares

$1.7B · 7K shares

$1.7B · 8K shares

$1.7B · 16K shares

$1.6B · 19K shares

$1.6B · 95K shares

$1.5B · 3K shares

$1.5B · 28K shares

$1.5B · 23K shares

$1.4B · 4K shares

$1.4B · 3K shares

$1.4B · 17K shares

$1.4B · 55K shares

$1.4B · 24K shares

$1.2B · 11K shares

$1.2B · 18K shares

$1.0B · 13K shares

$966.0M · 1K shares

$955.0M · 15K shares

$904.0M · 4K shares

$882.0M · 25K shares

$867.0M · 141K shares

AVA

$858.0M · 22K shares

NOV

$717.0M · 46K shares

UTL

$707.0M · 15K shares

$630.0M · 22K shares

FW2N

$626.0M · 10K shares

FANG

$619.0M · 4K shares

CFG

$584.0M · 10K shares

$541.0M · 16K shares

$537.0M · 8K shares

$527.0M · 7K shares

$485.0M · 4K shares

$476.0M · 10K shares

$461.0M · 12K shares

$451.0M · 4K shares

$439.0M · 3K shares

$412.0M · 20K shares

$377.0M · 15K shares

$351.0M · 10K shares

$349.0M · 4K shares

$286.0M · 13K shares

$283.0M · 18K shares

$214.0M · 7K shares

$157.0M · 16K shares

$143.0M · 18K shares

$136.0M · 35K shares

$96.0M · 15K shares

$74.0M · 10K shares

Sector Breakdown

Sector	# Holdings	Value	%
Industrials	26	$443.3B	15.7%
Consumer Cyclical	25	$411.0B	14.6%
Technology	23	$354.7B	12.6%
Energy	40	$350.6B	12.4%
Financial Services	63	$286.3B	10.1%
Utilities	33	$270.2B	9.6%
Unknown	19	$188.2B	6.7%
Consumer Defensive	24	$187.0B	6.6%
Healthcare	17	$142.3B	5.0%
Communication Services	10	$116.9B	4.1%
Real Estate	2	$67.3B	2.4%
Basic Materials	1	$3.8B	0.1%