Hennessy Advisors
HNNA
41 hedge funds and large institutions have $18.4M invested in Hennessy Advisors in 2017 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 12 increasing their positions, 13 reducing their positions, and 15 closing their positions.
8% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 13
2.07% less ownership
Funds ownership: 17.83% → 15.77% (-2.1%)
11% less funds holding
Funds holding: 46 → 41 (-5)
20% less capital invested
Capital invested by funds: $23.1M → $18.4M (-$4.65M)
33% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 15
Top Buyers
| 1 |
Millennium Management
New York
|
+$828K |
| 2 |
Legal & General Group
London,
United Kingdom
|
+$776K |
| 3 |
ZIM
ZPR Investment Management
Orange City,
Florida
|
+$390K |
| 4 |
AWW
Alan W. Weber
|
+$315K |
| 5 |
ECM
Element Capital Management
New York
|
+$314K |
Top Sellers
| 1 |
BlackRock
New York
|
-$2.87M |
| 2 |
State Street
Boston,
Massachusetts
|
-$776K |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$603K |
| 4 |
GPGA
Grandeur Peak Global Advisors
Salt Lake City,
Utah
|
-$361K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$303K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
New York State Common Retirement Fund
Albany,
New York
| – | -$76K | -4,501 | Closed |
|
52
JP Morgan Chase
New York
| – | -$51K | -3,058 | Closed |
|
|
NFA
53
Nationwide Fund Advisors
Columbus,
Ohio
| – | -$46K | -2,731 | Closed |
|
|
AIG
54
American International Group
New York
| – | -$45K | -2,663 | Closed |
|
55
Wells Fargo
San Francisco,
California
| – | -$30K | -1,801 | Closed |
|
|
AIP
56
Ameritas Investment Partners
Lincoln,
Nebraska
| – | -$6K | -337 | Closed |
|
HNNA Hedge Fund Activity: Q2 2017 in Review
41 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Hennessy Advisors (HNNA) for Q2 2017, worth a combined $18.4M — down 20% from $23.1M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of HNNA and 10 opened new positions — a net loss of 5 holders — while 13 trimmed existing stakes and 12 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $828K. The largest seller was BlackRock, cutting an estimated $2.87M.
- 41 institutional investors held Hennessy Advisors (HNNA) as of Q2 2017, down from 46 in Q1 2017.
- Funds reported $18.4M of Hennessy Advisors stock for Q2 2017, down 20% quarter-over-quarter.
- 10 funds opened new Hennessy Advisors positions in Q2 2017 and 15 closed out, a net change of -5 holders.
- The largest Hennessy Advisors buyer in Q2 2017 was Millennium Management, an estimated $828K added.
- The largest Hennessy Advisors seller in Q2 2017 was BlackRock, an estimated $2.87M sold.
Based on aggregated 13F filings for Q2 2017.