Hennessy Advisors
HNNA
38 hedge funds and large institutions have $28.2M invested in Hennessy Advisors in 2018 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 1 closing their positions.
800% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 1
30% more capital invested
Capital invested by funds: $21.7M → $28.2M (+$6.51M)
27% more funds holding
Funds holding: 30 → 38 (+8)
1.89% more ownership
Funds ownership: 16.82% → 18.72% (+1.9%)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OP
Osmium Partners
Greenbrae,
California
|
+$2.48M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$685K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$176K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$159K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$122K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZIM
ZPR Investment Management
Orange City,
Florida
|
-$811K |
| 2 |
ACM
Ativo Capital Management
Chicago,
Illinois
|
-$251K |
| 3 |
BC
Burleson & Co
Petaluma,
California
|
-$135K |
| 4 |
MCM
Maltese Capital Management
New York
|
-$93.3K |
| 5 |
Millennium Management
New York
|
-$68.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OSAM
26
O'Shaughnessy Asset Management
Stamford,
Connecticut
| $94K | +$87.4K | +4,871 | New |
|
|
MM
27
Midas Management
New York
| $87K | – | – | – |
|
28
Acadian Asset Management
Boston,
Massachusetts
| $81K | +$75.4K | +4,201 | New |
|
29
Macquarie Group
Sydney, NSW 2000,
Australia
| $66K | +$61K | +3,398 | New |
|
|
PAM
30
Panagora Asset Management
Boston,
Massachusetts
| $57K | +$52.7K | +2,939 | New |
|
31
UBS Group
Zurich,
Switzerland
| $29K | -$13.3K | -742 | -34% |
|
32
Wells Fargo
San Francisco,
California
| $14K | +$13.5K | +750 | New |
|
|
TFS
33
TrustCore Financial Services
Brentwood,
Tennessee
| $10K | – | – | – |
|
34
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $7K | -$16.1K | -900 | -71% |
|
|
DA
35
Denali Advisors
San Diego,
California
| $3K | – | – | – |
|
36
BNP Paribas Financial Markets
Paris,
France
| $1K | – | – | – |
|
37
Canada Life
Winnipeg,
Manitoba, Canada
| $1K | +$735 | +41 | New |
|
|
TRCT
38
Tower Research Capital (TRC)
New York
| $1K | +$1.29K | +72 | New |
|
|
DCM
39
Delpha Capital Management
New York
| – | -$2K | -130 | Closed |
|
HNNA Hedge Fund Activity: Q1 2018 in Review
38 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Hennessy Advisors (HNNA) for Q1 2018, worth a combined $28.2M — up 30% from $21.7M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new HNNA positions and 1 closed out — a net gain of 8 holders — while 9 added to existing stakes and 10 trimmed.
The largest buyer was Osmium Partners, opening a new position worth an estimated $2.48M. The largest seller was ZPR Investment Management, cutting an estimated $811K.
- 38 institutional investors held Hennessy Advisors (HNNA) as of Q1 2018, up from 30 in Q4 2017.
- Funds reported $28.2M of Hennessy Advisors stock for Q1 2018, up 30% quarter-over-quarter.
- 9 funds opened new Hennessy Advisors positions in Q1 2018 and 1 closed out, a net change of +8 holders.
- The largest Hennessy Advisors buyer in Q1 2018 was Osmium Partners, an estimated $2.48M added.
- The largest Hennessy Advisors seller in Q1 2018 was ZPR Investment Management, an estimated $811K sold.
Based on aggregated 13F filings for Q1 2018.