Hennessy Advisors
HNNA
30 hedge funds and large institutions have $21.7M invested in Hennessy Advisors in 2017 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 3 reducing their positions, and 7 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 3
18% more capital invested
Capital invested by funds: $18.4M → $21.7M (+$3.34M)
1.36% more ownership
Funds ownership: 15.47% → 16.82% (+1.4%)
6% less funds holding
Funds holding: 32 → 30 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$748K |
| 2 |
Bank of New York Mellon
New York
|
+$237K |
| 3 |
AWW
Alan W. Weber
|
+$171K |
| 4 |
Renaissance Technologies
New York
|
+$146K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$143K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$497K |
| 2 |
ECM
Element Capital Management
New York
|
-$176K |
| 3 |
CSIC
Clifford Swan Investment Counsel
Pasadena,
California
|
-$164K |
| 4 |
GPGA
Grandeur Peak Global Advisors
Salt Lake City,
Utah
|
-$90K |
| 5 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$49.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $21K | +$21K | +1,275 | New |
|
|
TFS
27
TrustCore Financial Services
Brentwood,
Tennessee
| $9K | +$8.5K | +517 | New |
|
|
DA
28
Denali Advisors
San Diego,
California
| $3K | – | – | – |
|
|
DCM
29
Delpha Capital Management
New York
| $2K | +$2.14K | +130 | New |
|
30
BNP Paribas Financial Markets
Paris,
France
| $860 | – | – | – |
|
|
ECM
31
Element Capital Management
New York
| – | -$176K | -11,393 | Closed |
|
|
GPGA
32
Grandeur Peak Global Advisors
Salt Lake City,
Utah
| – | -$90K | -5,826 | Closed |
|
|
OSAM
33
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$18K | -1,161 | Closed |
|
34
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$3K | -211 | Closed |
|
35
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$3K | -167 | Closed |
|
|
MCIA
36
Mountain Capital Investment Advisors
Westminster,
Colorado
| – | -$2K | -129 | Closed |
|
HNNA Hedge Fund Activity: Q4 2017 in Review
30 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Hennessy Advisors (HNNA) for Q4 2017, worth a combined $21.7M — up 18% from $18.4M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of HNNA and 5 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 12 added.
The largest buyer was Morgan Stanley, adding an estimated $748K. The largest seller was Millennium Management, cutting an estimated $497K.
- 30 institutional investors held Hennessy Advisors (HNNA) as of Q4 2017, down from 32 in Q3 2017.
- Funds reported $21.7M of Hennessy Advisors stock for Q4 2017, up 18% quarter-over-quarter.
- 5 funds opened new Hennessy Advisors positions in Q4 2017 and 7 closed out, a net change of -2 holders.
- The largest Hennessy Advisors buyer in Q4 2017 was Morgan Stanley, an estimated $748K added.
- The largest Hennessy Advisors seller in Q4 2017 was Millennium Management, an estimated $497K sold.
Based on aggregated 13F filings for Q4 2017.