Hennessy Advisors
HNNA
24 hedge funds and large institutions have $7.65M invested in Hennessy Advisors in 2019 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 6 closing their positions.
1.09% less ownership
Funds ownership: 11.18% → 10.09% (-1.1%)
11% less funds holding
Funds holding: 27 → 24 (-3)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
16% less capital invested
Capital invested by funds: $9.1M → $7.65M (-$1.45M)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$243K |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$202K |
| 3 |
Renaissance Technologies
New York
|
+$158K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$75.1K |
| 5 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$64.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OP
Osmium Partners
Greenbrae,
California
|
-$664K |
| 2 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$362K |
| 3 |
AWW
Alan W. Weber
|
-$321K |
| 4 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$212K |
| 5 |
GIP
Greatmark Investment Partners
Columbus,
Georgia
|
-$109K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
YMRC
26
Yorktown Management & Research Company
Forest,
Virginia
| – | -$212K | -19,650 | Closed |
|
|
GIP
27
Greatmark Investment Partners
Columbus,
Georgia
| – | -$109K | -10,095 | Closed |
|
28
BNP Paribas Financial Markets
Paris,
France
| – | -$562 | -52 | Closed |
|
29
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$45 | -4 | -9% |
|
HNNA Hedge Fund Activity: Q4 2019 in Review
24 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Hennessy Advisors (HNNA) for Q4 2019, worth a combined $7.65M — down 16% from $9.1M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of HNNA and 3 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 6 added.
The largest buyer was Vanguard Group, adding an estimated $243K. The largest seller was Osmium Partners, exiting entirely with an estimated $664K sold.
- 24 institutional investors held Hennessy Advisors (HNNA) as of Q4 2019, down from 27 in Q3 2019.
- Funds reported $7.65M of Hennessy Advisors stock for Q4 2019, down 16% quarter-over-quarter.
- 3 funds opened new Hennessy Advisors positions in Q4 2019 and 6 closed out, a net change of -3 holders.
- The largest Hennessy Advisors buyer in Q4 2019 was Vanguard Group, an estimated $243K added.
- The largest Hennessy Advisors seller in Q4 2019 was Osmium Partners, an estimated $664K sold.
Based on aggregated 13F filings for Q4 2019.