Hennessy Advisors
HNNA
48 hedge funds and large institutions have $29.7M invested in Hennessy Advisors in 2016 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 18 increasing their positions, 12 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
50% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 12
27.34% more ownership
Funds ownership: 0% → 27.34% (+27%)
4% more funds holding
Funds holding: 46 → 48 (+2)
8% less capital invested
Capital invested by funds: $32.3M → $29.7M (-$2.62M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$421K |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$375K |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$355K |
| 4 |
Bank of New York Mellon
New York
|
+$335K |
| 5 |
Renaissance Technologies
New York
|
+$213K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIP
Granite Investment Partners
El Segundo,
California
|
-$944K |
| 2 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$864K |
| 3 |
APCM
Arbiter Partners Capital Management
New York
|
-$111K |
| 4 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$73.3K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$57.2K |
HNNA Hedge Fund Activity: Q4 2016 in Review
48 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Hennessy Advisors (HNNA) for Q4 2016, worth a combined $29.7M — down 8.1% from $32.3M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new HNNA positions and 4 closed out — a net gain of 2 holders — while 18 added to existing stakes and 12 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $421K. The largest seller was Granite Investment Partners, cutting an estimated $944K.
- 48 institutional investors held Hennessy Advisors (HNNA) as of Q4 2016, up from 46 in Q3 2016.
- Funds reported $29.7M of Hennessy Advisors stock for Q4 2016, down 8.1% quarter-over-quarter.
- 6 funds opened new Hennessy Advisors positions in Q4 2016 and 4 closed out, a net change of +2 holders.
- The largest Hennessy Advisors buyer in Q4 2016 was Morgan Stanley, an estimated $421K added.
- The largest Hennessy Advisors seller in Q4 2016 was Granite Investment Partners, an estimated $944K sold.
Based on aggregated 13F filings for Q4 2016.