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)
33% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 15
40% less capital inflows, than outflows
Capital inflows: $4.03M | Capital outflows: $6.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$828K |
| 2 |
Legal & General Group
London,
United Kingdom
|
+$776K |
| 3 |
ZPR Investment Management
Orange City,
Florida
|
+$390K |
| 4 |
AWW
Alan W. Weber
|
+$315K |
| 5 |
Element Capital Management
New York
|
+$314K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$2.87M |
| 2 |
State Street
Boston,
Massachusetts
|
-$776K |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$603K |
| 4 |
Grandeur Peak Global Advisors
Salt Lake City,
Utah
|
-$361K |
| 5 |
Bridgeway Capital Management
Houston,
Texas
|
-$303K |
HNNA Hedge Fund Activity: Q2 2017 in Review
41 of the 4,023 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.