Hennessy Advisors
HNNA
34 hedge funds and large institutions have $19.1M invested in Hennessy Advisors in 2018 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 4 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.03% less ownership
Funds ownership: 18.84% → 17.8% (-1%)
6% less funds holding
Funds holding: 36 → 34 (-2)
25% less capital invested
Capital invested by funds: $25.5M → $19.1M (-$6.4M)
27% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 11
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$606K |
| 2 |
MCM
Maltese Capital Management
New York
|
+$409K |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$408K |
| 4 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$23.3K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$17.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OP
Osmium Partners
Greenbrae,
California
|
-$1.16M |
| 2 |
ACM
Ativo Capital Management
Chicago,
Illinois
|
-$945K |
| 3 |
Millennium Management
New York
|
-$264K |
| 4 |
Morgan Stanley
New York
|
-$254K |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$71K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HIM
26
Hillsdale Investment Management
Toronto,
Ontario, Canada
| $12K | – | – | – |
|
|
TFS
27
TrustCore Financial Services
Brentwood,
Tennessee
| $7K | – | – | – |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $6K | +$185 | +12 | +3% |
|
29
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $3K | – | – | – |
|
|
DA
30
Denali Advisors
San Diego,
California
| $2K | – | – | – |
|
31
Fidelity Investments
Boston,
Massachusetts
| $2K | +$2.58K | +167 | New |
|
32
Canada Life
Winnipeg,
Manitoba, Canada
| $1K | – | – | – |
|
33
BNP Paribas Financial Markets
Paris,
France
| $720 | – | – | – |
|
|
ACM
34
Ativo Capital Management
Chicago,
Illinois
| – | -$945K | -54,487 | Closed |
|
|
35
Millennium Management
New York
| – | -$264K | -15,229 | Closed |
|
|
36
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$71K | -4,098 | Closed |
|
37
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$15 | +1 | New |
|
HNNA Hedge Fund Activity: Q3 2018 in Review
34 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Hennessy Advisors (HNNA) for Q3 2018, worth a combined $19.1M — down 25% from $25.5M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of HNNA and 2 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 8 added.
The largest buyer was Vanguard Group, adding an estimated $606K. The largest seller was Osmium Partners, cutting an estimated $1.16M.
- 34 institutional investors held Hennessy Advisors (HNNA) as of Q3 2018, down from 36 in Q2 2018.
- Funds reported $19.1M of Hennessy Advisors stock for Q3 2018, down 25% quarter-over-quarter.
- 2 funds opened new Hennessy Advisors positions in Q3 2018 and 4 closed out, a net change of -2 holders.
- The largest Hennessy Advisors buyer in Q3 2018 was Vanguard Group, an estimated $606K added.
- The largest Hennessy Advisors seller in Q3 2018 was Osmium Partners, an estimated $1.16M sold.
Based on aggregated 13F filings for Q3 2018.