Hennessy Advisors Inc.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 16, 2024), Hennessy Advisors Inc. reported 287 stock positions worth $2.4 billion. Its top holding was Modine Manufacturing (MOD) at 2.9% of the portfolio, followed by Gap (GAP, 2.7%) and Comfort Systems USA (FIX, 2.3%). Compared with Q4 2023, it opened 31 new positions, sold out of 46, added to 119 and reduced 115. The biggest buy was Super Micro Computer (SMCI, shares +42%) and the biggest sale an exit from Union Pacific (UNP).
- Most Recent 13F
- Q2 2026
- Location
- NOVATO, CA
- CIK
- 0001145255
- Portfolio Value
- $2.4B (Q1 2024)
- SEC Filing
- 0000897069-24-000931 ↗ filed Apr 16, 2024
Holdings Value
Holdings 287 stocks · $2.4B
| MOD Modine Manufacturing Co. | 2.86% | 714,400 | $68.0M | Add +20.4% |
| GAP The Gap Inc. | 2.67% | 2,305,600 | $63.5M | Add +14.1% |
| FIX Comfort Systems USA Inc. | 2.32% | 173,800 | $55.2M | Add +18.6% |
| ANF Abercrombie & Fitch Co. Class A | 2.25% | 425,500 | $53.3M | Add +14.1% |
| EME Emcor Group Inc. | 2.11% | 143,100 | $50.1M | Add +18.9% |
| STRL Sterling Infrastructure Inc. | 2.04% | 440,200 | $48.6M | Add +20.4% |
| SMCI Super Micro Computer Inc. | 1.92% | 45,200 | $45.7M | Add +42.2% |
| XPO Xpo Inc. | 1.65% | 321,300 | $39.2M | Add +14.1% |
| SFM Sprouts Farmers Market Inc. | 1.54% | 569,000 | $36.7M | Add +14.1% |
| AIT Applied Industrial Tech Inc. | 1.54% | 185,300 | $36.6M | Add +18.3% |
| PSN Parsons Corp. | 1.53% | 437,900 | $36.3M | Add +14.1% |
| GES Guess? Inc. | 1.51% | 1,141,100 | $35.9M | Add +14.1% |
| KD Kyndryl Holdings Inc. | 1.46% | 1,592,000 | $34.6M | Add +14.1% |
| FLR Fluor Corp. | 1.44% | 810,700 | $34.3M | Add +18.0% |
| PBF PBF Energy Inc. Class A | 1.40% | 578,934 | $33.3M | Add +18.4% |
| CRS Carpenter Technology | 1.39% | 461,500 | $33.0M | Add +19.2% |
| PARR Par Pacific Holdings Inc. | 1.33% | 853,000 | $31.6M | Add +18.7% |
| COKE Coca-Cola Consolidated Inc. | 1.33% | 37,256 | $31.5M | Add +14.1% |
| OSK Oshkosh Corp. | 1.32% | 251,800 | $31.4M | Add +14.1% |
| ENLC Enlink Midstream LLC | 1.22% | 2,116,600 | $28.9M | Add +13.3% |
| FLS Flowserve Corp. | 1.19% | 617,900 | $28.2M | Add +14.1% |
| PAGP Plains GP Holdings LP | 1.19% | 1,543,100 | $28.2M | Add +14.1% |
| LBRT Liberty Energy Inc. | 1.17% | 1,338,400 | $27.7M | Add +14.1% |
| OII Oceaneering Intl Inc. | 1.15% | 1,166,500 | $27.3M | Add +18.8% |
| GPI Group 1 Automotive Inc. | 1.13% | 91,900 | $26.9M | Add +14.0% |
| OKE Oneok Inc. | 1.12% | 331,045 | $26.5M | Reduce -13.6% |
| MLKN Millerknoll Inc. | 1.04% | 998,300 | $24.7M | Add +14.1% |
| LNG Cheniere Energy Inc. | 1.04% | 152,917 | $24.7M | Add +14.2% |
| EQT Eqt Corp. | 1.01% | 649,500 | $24.1M | Add +8.4% |
| KMI Kinder Morgan Inc. | 1.01% | 1,310,991 | $24.0M | Reduce -7.4% |
| CRC California Resources Corp. | 1.00% | 432,200 | $23.8M | Add +14.1% |
| MSM MSC Industrial Direct Co. Class A | 1.00% | 244,000 | $23.7M | Add +14.1% |
| TRP TC Energy Corp. | 0.99% | 587,300 | $23.6M | Reduce -6.3% |
| CNK Cinemark Holdings Inc. | 0.98% | 1,295,800 | $23.3M | Add +14.1% |
| ATO Atmos Energy Corp. | 0.92% | 183,286 | $21.8M | Reduce -7.0% |
| SO The Southern Co. | 0.91% | 302,300 | $21.7M | Reduce -4.9% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.91% | 34 | $21.6M | Reduce -19.1% |
| ENB Enbridge Inc. | 0.90% | 593,765 | $21.5M | Reduce -5.5% |
| SRE Sempra | 0.90% | 298,580 | $21.4M | Reduce -3.8% |
| CONSOL ENERGY INC | 0.83% | 236,200 | $19.8M | Add +14.1% |
| WEC WEC Energy Group Inc. | 0.64% | 184,040 | $15.1M | Reduce -4.3% |
| D Dominion Energy Inc. | 0.63% | 301,977 | $14.9M | Reduce -4.6% |
| PCG P G & E Corp. | 0.61% | 866,649 | $14.5M | Reduce -4.4% |
| XOM Exxon Mobil Corp. | 0.60% | 123,010 | $14.3M | Add +60.1% |
| CNP Centerpoint Energy Inc. | 0.55% | 455,728 | $13.0M | Reduce -4.1% |
| NI Nisource Inc. | 0.51% | 438,281 | $12.1M | Add +3.5% |
| VYX NCR Voyix Corp. | 0.51% | 956,200 | $12.1M | Add +14.1% |
| PEG Public Service Enterprise GP | 0.50% | 177,690 | $11.9M | Reduce -4.5% |
| ED Consolidated Edison Inc. | 0.49% | 128,236 | $11.6M | Reduce -4.2% |
| NGG National Grid PLC-SP ADR | 0.45% | 158,344 | $10.8M | Reduce -3.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.45% | 56,100 | $10.7M | Reduce -15.9% |
| CVX Chevron Corp. | 0.45% | 67,532 | $10.7M | Add +7.3% |
| MPC Marathon Petroleum Corp. | 0.45% | 52,600 | $10.6M | Add +117.4% |
| DUK Duke Energy Corp. | 0.45% | 109,487 | $10.6M | Reduce -4.5% |
| CMS CMS Energy Corp. | 0.44% | 171,898 | $10.4M | Reduce -3.5% |
| DTM DT Midstream Inc. | 0.44% | 169,300 | $10.3M | Reduce -3.9% |
| CSCO Cisco Systems Inc. | 0.44% | 207,256 | $10.3M | Add +2.4% |
| JBL Jabil Inc. | 0.43% | 76,306 | $10.2M | Add +6.6% |
| VZ Verizon Communications Inc. | 0.42% | 239,200 | $10.0M | Reduce -0.6% |
| VLO Valero Energy Corp. | 0.42% | 58,450 | $10.0M | Add +27.2% |
| KO The Coca-Cola Co. | 0.40% | 154,500 | $9.5M | Add +24.4% |
| ET Energy Transfer LP | 0.39% | 585,500 | $9.2M | No change |
| NATL NCR Atleos Corp. | 0.38% | 460,350 | $9.1M | Add +14.1% |
| STLD Steel Dynamics Inc. | 0.37% | 59,700 | $8.8M | Add +30.4% |
| AMR Alpha Metallurgical Resource | 0.36% | 25,900 | $8.6M | Add +43.9% |
| JNJ Johnson & Johnson | 0.36% | 53,550 | $8.5M | Add +23.0% |
| MO Altria Group Inc. | 0.35% | 191,700 | $8.4M | Add +74.3% |
| GRBK Green Brick Partners Inc. | 0.35% | 138,700 | $8.4M | Add +44.0% |
| JPM JPMorgan Chase & Co. | 0.34% | 40,200 | $8.1M | Reduce -30.4% |
| HPQ HP Inc. | 0.34% | 265,800 | $8.0M | Add +1.4% |
| WFRD Weatherford International PL | 0.34% | 69,000 | $8.0M | Add +44.0% |
| C Citigroup Inc. | 0.33% | 124,200 | $7.9M | Reduce -4.1% |
| WFC Wells Fargo & Co. | 0.33% | 134,500 | $7.8M | Reduce -17.8% |
| EPD Enterprise Products Partners | 0.33% | 266,400 | $7.8M | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.33% | 204,500 | $7.8M | Reduce -9.2% |
| YPF YPF S.A.-Sponsored ADR filed as YPF SOCIEDAD ANONIMA | 0.32% | 389,500 | $7.7M | Add +44.0% |
| PM Philip Morris International | 0.32% | 83,900 | $7.7M | Add +58.3% |
| PAA Plains All Amer Pipeline LP | 0.31% | 416,426 | $7.3M | Add +5.0% |
| MMM 3M Co. | 0.30% | 66,400 | $7.0M | Add +60.4% |
| CNQ Canadian Natural Resources | 0.30% | 92,100 | $7.0M | Reduce -13.4% |
| MS Morgan Stanley | 0.29% | 72,700 | $6.8M | Add +2.8% |
| SU Suncor Energy Inc. | 0.28% | 181,060 | $6.7M | Reduce -4.8% |
| CLH Clean Harbors Inc. | 0.28% | 32,700 | $6.6M | Add +44.0% |
| CVE Cenovus Energy Inc. | 0.28% | 328,600 | $6.6M | New |
| WTRG Essential Utilities Inc. | 0.27% | 175,300 | $6.5M | Reduce -3.8% |
| MPLX MPLX LP | 0.27% | 152,949 | $6.4M | No change |
| DDS Dillards Inc. Class A | 0.26% | 13,200 | $6.2M | Add +43.5% |
| WIRE Encore Wire Corp. | 0.26% | 23,600 | $6.2M | Add +43.9% |
| GVA Granite Construction Inc. | 0.26% | 108,000 | $6.2M | Add +44.0% |
| MFC Manulife Financial Corp. | 0.26% | 243,100 | $6.1M | Reduce -9.7% |
| RS Reliance Inc. | 0.25% | 18,100 | $6.0M | Reduce -24.9% |
| XEL Xcel Energy Inc. | 0.25% | 111,299 | $6.0M | Reduce -3.9% |
| RTX RTX Corp. | 0.25% | 61,200 | $6.0M | New |
| F Ford Motor Co. filed as FORD MTR CO DEL | 0.25% | 445,800 | $5.9M | Add +6.5% |
| DTE DTE Energy Company | 0.25% | 52,304 | $5.9M | Reduce -4.4% |
| MRK Merck & Co. Inc. | 0.24% | 44,100 | $5.8M | Reduce -3.9% |
| ABBV Abbvie Inc. | 0.24% | 31,900 | $5.8M | Add +3.6% |
| ATI Ati Inc. | 0.24% | 111,200 | $5.7M | Add +44.0% |
| UNM Unum Group | 0.24% | 106,000 | $5.7M | Add +44.0% |
| BP BP PLC-Spons ADR | 0.24% | 150,800 | $5.7M | Add +15.1% |
Portfolio Sells Q4 2023 → Q1 2024
| UNP Union Pacific Corp. | Sold out | 0.00% | −0.32 |
| HD Home Depot Inc. | Sold out | 0.00% | −0.29 |
| MET Metlife Inc. | Sold out | 0.00% | −0.29 |
| HPE Hewlett Packard Enterprise | Sold out | 0.00% | −0.29 |
| DOW Dow Inc. | Reduce -55.6% | 0.19% | −0.29 |
| CL Colgate-Palmolive Co. | Sold out | 0.00% | −0.27 |
| SRE Sempra | Reduce -3.8% | 0.90% | −0.27 |
| ES Eversource Energy | Sold out | 0.00% | −0.27 |
| KMI Kinder Morgan Inc. | Reduce -7.4% | 1.01% | −0.25 |
| TRP TC Energy Corp. | Reduce -6.3% | 0.99% | −0.24 |
| BRK.A Berkshire Hathaway Inc. Class A | Reduce -19.1% | 0.91% | −0.24 |
| OKE Oneok Inc. | Reduce -13.6% | 1.12% | −0.24 |
| ENB Enbridge Inc. | Reduce -5.5% | 0.90% | −0.24 |
| ATO Atmos Energy Corp. | Reduce -7.0% | 0.92% | −0.24 |
| PCG P G & E Corp. | Reduce -4.4% | 0.61% | −0.21 |
| SO The Southern Co. | Reduce -4.9% | 0.91% | −0.21 |
| UPS United Parcel Service Class B | Reduce -57.0% | 0.11% | −0.21 |
| LRCX Lam Research Corp. | Sold out | 0.00% | −0.21 |
| KLAC KLA Corp. | Sold out | 0.00% | −0.20 |
| DVN Devon Energy Corp. | Reduce -56.4% | 0.13% | −0.20 |
| PBR Petroleo Brasileiro-Spon ADR | Reduce -35.3% | 0.21% | −0.19 |
| AMAT Applied Materials Inc. | Sold out | 0.00% | −0.19 |
| NTAP Netapp Inc. | Sold out | 0.00% | −0.18 |
| WEC WEC Energy Group Inc. | Reduce -4.3% | 0.64% | −0.18 |
| JPM JPMorgan Chase & Co. | Reduce -30.4% | 0.34% | −0.16 |
| FANG Diamondback Energy Inc. | Reduce -82.7% | 0.03% | −0.15 |
| EXPD Expeditors Intl Wash Inc. | Sold out | 0.00% | −0.15 |
| QCOM Qualcomm Inc. | Sold out | 0.00% | −0.15 |
| AMP Ameriprise Financial Inc. | Sold out | 0.00% | −0.14 |
| PXD Pioneer Natural Resources Co. | Reduce -80.0% | 0.03% | −0.14 |
| CTRA Coterra Energy Inc. | Sold out | 0.00% | −0.14 |
| EQH Equitable Holdings Inc. | Sold out | 0.00% | −0.14 |
| CNP Centerpoint Energy Inc. | Reduce -4.1% | 0.55% | −0.14 |
| JBHT Hunt (jb) Transprt SVCS Inc. | Sold out | 0.00% | −0.14 |
| BLDR Builders Firstsource Inc. | Reduce -49.9% | 0.14% | −0.13 |
| CLF Cleveland-Cliffs Inc. | Sold out | 0.00% | −0.13 |
| D Dominion Energy Inc. | Reduce -4.6% | 0.63% | −0.12 |
| OVV Ovintiv Inc. | Sold out | 0.00% | −0.12 |
| SIRI Sirius XM Holdings Inc. | Sold out | 0.00% | −0.12 |
| ED Consolidated Edison Inc. | Reduce -4.2% | 0.49% | −0.12 |
| BBWI Bath & Body Works Inc. | Sold out | 0.00% | −0.12 |
| TROW T Rowe Price Group Inc. | Sold out | 0.00% | −0.12 |
| EXE Expand Energy Corp. | Sold out | 0.00% | −0.12 |
| INTC Intel Corp. | Sold out | 0.00% | −0.12 |
| CNOB Connectone Bancorp Inc. | Reduce -46.9% | 0.07% | −0.12 |
| DUK Duke Energy Corp. | Reduce -4.5% | 0.45% | −0.11 |
| PFG Principal Financial Group | Sold out | 0.00% | −0.11 |
| CHRW C.H. Robinson Worldwide Inc. | Sold out | 0.00% | −0.11 |
| APA Apa Corp. | Sold out | 0.00% | −0.11 |
| FFIC Flushing Financial Corp. | Reduce -37.8% | 0.07% | −0.11 |
Portfolio Buys Q4 2023 → Q1 2024
| SMCI Super Micro Computer Inc. | Add +42.2% | 1.92% | +1.47 |
| MOD Modine Manufacturing Co. | Add +20.4% | 2.86% | +1.08 |
| FIX Comfort Systems USA Inc. | Add +18.6% | 2.32% | +0.80 |
| EME Emcor Group Inc. | Add +18.9% | 2.11% | +0.80 |
| ANF Abercrombie & Fitch Co. Class A | Add +14.1% | 2.25% | +0.59 |
| GAP The Gap Inc. | Add +14.1% | 2.67% | +0.54 |
| STRL Sterling Infrastructure Inc. | Add +20.4% | 2.04% | +0.42 |
| XPO Xpo Inc. | Add +14.1% | 1.65% | +0.41 |
| GES Guess? Inc. | Add +14.1% | 1.51% | +0.35 |
| SFM Sprouts Farmers Market Inc. | Add +14.1% | 1.54% | +0.33 |
| PBF PBF Energy Inc. Class A | Add +18.4% | 1.40% | +0.32 |
| PSN Parsons Corp. | Add +14.1% | 1.53% | +0.32 |
| CVE Cenovus Energy Inc. | New | 0.28% | +0.28 |
| MPC Marathon Petroleum Corp. | Add +117.4% | 0.45% | +0.27 |
| RTX RTX Corp. | New | 0.25% | +0.25 |
| PG The Procter & Gamble Co. | New | 0.24% | +0.24 |
| BKR Baker Hughes Co. | New | 0.24% | +0.24 |
| PEP Pepsico Inc. | New | 0.23% | +0.23 |
| SBUX Starbucks Corp. | New | 0.22% | +0.22 |
| KVUE Kenvue Inc. | New | 0.22% | +0.22 |
| XOM Exxon Mobil Corp. | Add +60.1% | 0.60% | +0.21 |
| KDP Keurig Dr Pepper Inc. | New | 0.21% | +0.21 |
| WSM Williams-Sonoma Inc. | New | 0.18% | +0.18 |
| AIT Applied Industrial Tech Inc. | Add +18.3% | 1.54% | +0.18 |
| CNK Cinemark Holdings Inc. | Add +14.1% | 0.98% | +0.17 |
| PCAR Paccar Inc. | New | 0.15% | +0.15 |
| URI United Rentals Inc. | New | 0.15% | +0.15 |
| AZO AutoZone Inc. | New | 0.15% | +0.15 |
| KR Kroger Co. | New | 0.14% | +0.14 |
| HCA HCA Healthcare Inc. | New | 0.14% | +0.14 |
| TSCO Tractor Supply Company | New | 0.14% | +0.14 |
| DG Dollar General Corp. | New | 0.14% | +0.14 |
| LPLA LPL Financial Holdings Inc. | New | 0.13% | +0.13 |
| HAL Halliburton Co. | Add +484.1% | 0.16% | +0.13 |
| GPC Genuine Parts Co. | New | 0.13% | +0.13 |
| MO Altria Group Inc. | Add +74.3% | 0.35% | +0.13 |
| MCK McKesson Corp. | New | 0.13% | +0.13 |
| OMC Omnicom Group | New | 0.13% | +0.13 |
| ULTA Ulta Beauty Inc. | New | 0.13% | +0.13 |
| KMB Kimberly-Clark Corp. | New | 0.12% | +0.12 |
| MCHP Microchip Technology Inc. | Add +2194.5% | 0.13% | +0.12 |
| VLO Valero Energy Corp. | Add +27.2% | 0.42% | +0.12 |
| HSY The Hershey Co. | New | 0.12% | +0.12 |
| LMT Lockheed Martin Corp. | New | 0.12% | +0.12 |
| OSK Oshkosh Corp. | Add +14.1% | 1.32% | +0.12 |
| LW Lamb Weston Holdings Inc. | New | 0.12% | +0.12 |
| CTSH Cognizant Tech Solutions-A | New | 0.11% | +0.11 |
| NBBK NB Bancorp Inc. | New | 0.11% | +0.11 |
| STLD Steel Dynamics Inc. | Add +30.4% | 0.37% | +0.10 |
| GRBK Green Brick Partners Inc. | Add +44.0% | 0.35% | +0.10 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 325 | $3.1B | VSAT, SANM, MTZ, SNX, DY |
| Q1 2026 | 278 | $2.8B | MTZ, CASY, SNEX, ECHO, VSAT |
| Q4 2025 | 283 | $2.8B | ECHO, DY, CASY, M, CHRW |
| Q3 2025 | 281 | $2.9B | CASY, SNEX, MTZ, PRIM, LDOS |
| Q2 2025 | 340 | $3.0B | EAT, UGI, CAKE, OSCR, DY |
| Q1 2025 | 295 | $3.0B | EAT, UGI, CAKE, ALK, PTON |
| Q4 2024 | 306 | $3.4B | PTON, ALK, EAT, NWL, UGI |
| Q3 2024 | 300 | $3.1B | SFM, MOD, ANF, CRS, EME |
| Q2 2024 | 300 | $2.6B | ANF, GAP, SFM, MOD, EME |
| Q1 2024 | 287 | $2.4B | MOD, GAP, FIX, ANF, EME |