Hennessy Advisors
HNNA
35 hedge funds and large institutions have $17M invested in Hennessy Advisors in 2016 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 6 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
100% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 6
17% more funds holding
Funds holding: 30 → 35 (+5)
7% less capital invested
Capital invested by funds: $18.1M → $17M (-$1.19M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIP
Granite Investment Partners
El Segundo,
California
|
+$430K |
| 2 |
MCM
Maltese Capital Management
New York
|
+$404K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$267K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$241K |
| 5 |
ACM
Ativo Capital Management
Chicago,
Illinois
|
+$235K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GPGA
Grandeur Peak Global Advisors
Salt Lake City,
Utah
|
-$1.19M |
| 2 |
SCM
Silver Capital Management
New York
|
-$275K |
| 3 |
Renaissance Technologies
New York
|
-$110K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$44.8K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$19.9K |
HNNA Hedge Fund Activity: Q1 2016 in Review
35 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Hennessy Advisors (HNNA) for Q1 2016, worth a combined $17M — down 6.6% from $18.1M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new HNNA positions and 2 closed out — a net gain of 5 holders — while 12 added to existing stakes and 6 trimmed.
The largest buyer was Granite Investment Partners, adding an estimated $430K. The largest seller was Grandeur Peak Global Advisors, cutting an estimated $1.19M.
- 35 institutional investors held Hennessy Advisors (HNNA) as of Q1 2016, up from 30 in Q4 2015.
- Funds reported $17M of Hennessy Advisors stock for Q1 2016, down 6.6% quarter-over-quarter.
- 7 funds opened new Hennessy Advisors positions in Q1 2016 and 2 closed out, a net change of +5 holders.
- The largest Hennessy Advisors buyer in Q1 2016 was Granite Investment Partners, an estimated $430K added.
- The largest Hennessy Advisors seller in Q1 2016 was Grandeur Peak Global Advisors, an estimated $1.19M sold.
Based on aggregated 13F filings for Q1 2016.