Hennessy Advisors Inc.

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 15, 2025), Hennessy Advisors Inc. reported 306 stock positions worth $3.4 billion. Its top holding was Peloton Interactive Class A (PTON) at 2.5% of the portfolio, followed by Alaska Air (ALK, 2.5%) and Brinker International (EAT, 2.4%). Compared with Q3 2024, it opened 34 new positions, sold out of 30, added to 107 and reduced 142. The biggest buy was a new position in Peloton Interactive Class A (PTON) and the biggest sale an exit from Modine Manufacturing (MOD).

Most Recent 13F
Q2 2026
Location
NOVATO, CA
CIK
0001145255
Portfolio Value
$3.4B (Q4 2024)
SEC Filing
0000897069-25-000103 ↗ filed Jan 15, 2025

Holdings Value

0$1.0B$2.0B$3.0B$4.0B Q1 2024: $2.4B Q1 2024 Q2 2024: $2.6B Q2 2024 Q3 2024: $3.1B Q3 2024 Q4 2024: $3.4B $3.4B Q4 2024 Q1 2025: $3.0B Q1 2025 Q2 2025: $3.0B Q2 2025 Q3 2025: $2.9B Q3 2025 Q4 2025: $2.8B Q4 2025 Q1 2026: $2.8B Q1 2026 Q2 2026: $3.1B Q2 2026

Holdings 306 stocks · $3.4B
PTON Peloton Interactive Inc. Class A 2.54% 9,800,000 $85.3M New
ALK Alaska Air Group Inc. 2.45% 1,273,500 $82.5M New
EAT Brinker International Inc. 2.44% 619,000 $81.9M New
NWL Newell Brands Inc. 2.15% 7,272,200 $72.4M New
UGI Ugi Corp. 2.00% 2,375,752 $67.1M Add +2050.9%
CAKE The Cheesecake Factory Inc. 1.88% 1,330,400 $63.1M New
HRI Herc Holdings Inc. filed as HERC HLDGS INC 1.87% 332,659 $63.0M New
HBI Hanesbrands Inc. 1.85% 7,641,100 $62.2M New
CNK Cinemark Holdings Inc. 1.83% 1,989,300 $61.6M Add +13.8%
GVA Granite Construction Inc. 1.82% 696,000 $61.0M New
RNG Ringcentral Inc. Class A 1.76% 1,686,800 $59.1M New
INGR Ingredion Inc. 1.74% 426,300 $58.6M New
POST Post Holdings Inc. filed as POST HLDGS INC 1.69% 496,800 $56.9M New
OSCR Oscar Health Inc. Class A 1.67% 4,188,400 $56.3M Add +550.3%
JWN Nordstrom Inc. 1.67% 2,319,900 $56.0M New
LNC Lincoln National Corp. 1.61% 1,708,900 $54.2M New
MAT Mattel Inc. 1.58% 3,002,700 $53.2M New
GPK Graphic Packaging Holding Co. 1.54% 1,901,400 $51.6M New
FLR Fluor Corp. 1.53% 1,040,600 $51.3M Add +13.1%
WKC World Kinect Corp. 1.51% 1,843,234 $50.7M New
DY Dycom Industries Inc. 1.49% 288,600 $50.2M New
VOYA Voya Financial Inc. 1.40% 685,100 $47.2M New
KBR KBR Inc. 1.40% 811,700 $47.0M New
LUMN Lumen Technologies Inc. 1.34% 8,491,400 $45.1M New
KBH KB Home 1.31% 671,300 $44.1M New
MHO M/I Homes Inc. 1.30% 328,500 $43.7M New
MTH Meritage Homes Corp. 1.28% 280,500 $43.1M New
RDFN Redfin Corp. 1.19% 5,096,400 $40.1M New
NSIT Insight Enterprises Inc. 1.17% 258,000 $39.2M New
MDU Mdu Resources Group Inc. 1.16% 2,155,007 $38.8M Add +1098.5%
LNG Cheniere Energy Inc. 0.94% 147,347 $31.7M Reduce -8.4%
ECG Everus Construction Group 0.94% 480,775 $31.6M Add +969.5%
EQT Eqt Corp. 0.92% 673,968 $31.1M Reduce -15.1%
OKE Oneok Inc. 0.86% 288,245 $28.9M Reduce -6.8%
KMI Kinder Morgan Inc. 0.83% 1,023,891 $28.1M Reduce -14.3%
TRP TC Energy Corp. 0.80% 576,700 $26.8M Add +3.5%
ENB Enbridge Inc. 0.73% 579,465 $24.6M Add +0.9%
SRE Sempra 0.73% 279,580 $24.5M Reduce -0.3%
SO The Southern Co. 0.72% 292,700 $24.1M Add +9.4%
ATO Atmos Energy Corp. 0.72% 172,886 $24.1M Reduce -2.2%
BRK.A Berkshire Hathaway Inc. Class A 0.71% 35 $23.8M Add +9.4%
CLS Celestica Inc. 0.60% 220,200 $20.3M Add +6.8%
SFM Sprouts Farmers Market Inc. 0.60% 158,900 $20.2M Reduce -82.7%
UTI Universal Technical Institut 0.53% 690,900 $17.8M Add +6.8%
DTM DT Midstream Inc. 0.52% 176,300 $17.5M Add +6.3%
PCG P G & E Corp. 0.51% 856,649 $17.3M Add +2.7%
WEC WEC Energy Group Inc. 0.50% 179,440 $16.9M Add +2.8%
LRN Stride Inc. 0.50% 160,400 $16.7M Add +6.8%
IESC Ies Holdings Inc. filed as IES HLDGS INC 0.49% 82,600 $16.6M Add +6.9%
TPC Tutor Perini Corp. 0.49% 682,981 $16.5M Add +6.8%
TEVA Teva Pharmaceutical-SP ADR 0.48% 726,600 $16.0M Add +6.8%
NI Nisource Inc. 0.46% 422,081 $15.5M Add +7.0%
PEG Public Service Enterprise GP 0.46% 183,490 $15.5M Add +2.7%
TILE Interface Inc. 0.44% 608,900 $14.8M Add +6.8%
REVG Rev Group Inc. 0.44% 460,900 $14.7M Add +6.8%
CNP Centerpoint Energy Inc. 0.42% 443,428 $14.1M Add +3.0%
DELL Dell Technologies -C 0.40% 116,500 $13.4M Add +3.7%
AMRX Amneal Pharmaceuticals Inc. 0.39% 1,670,600 $13.2M Add +6.8%
EME Emcor Group Inc. 0.38% 28,500 $12.9M Reduce -84.4%
SPNT Siriuspoint Ltd. 0.38% 784,105 $12.9M Add +6.8%
CSCO Cisco Systems Inc. 0.38% 216,800 $12.8M Add +5.5%
MCY Mercury General Corp. 0.38% 192,300 $12.8M Add +6.8%
ED Consolidated Edison Inc. 0.38% 143,136 $12.8M Add +2.8%
MOG.A Moog Inc. Class A 0.38% 64,400 $12.7M Add +6.8%
DUK Duke Energy Corp. 0.38% 117,387 $12.6M Add +2.7%
LYV Live Nation Entertainment Inc. 0.37% 97,000 $12.6M Add +6.8%
NGG National Grid PLC-SP ADR 0.37% 209,144 $12.4M Add +2.8%
URBN Urban Outfitters Inc. 0.37% 225,200 $12.4M Add +6.8%
THC Tenet Healthcare Corp. 0.36% 96,800 $12.2M Add +6.8%
VSEC Vse Corp. 0.36% 127,946 $12.2M Add +6.8%
GBX Greenbrier Companies Inc. 0.36% 197,300 $12.0M Add +6.8%
FTI Technipfmc PLC 0.35% 404,740 $11.7M Add +6.7%
AIZ Assurant Inc. 0.34% 54,000 $11.5M Add +6.9%
CMS CMS Energy Corp. 0.34% 170,698 $11.4M Add +2.7%
ALL Allstate Corp. 0.34% 58,600 $11.3M Add +6.9%
ET Energy Transfer LP 0.33% 570,900 $11.2M No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.33% 50,792 $11.2M Reduce -6.5%
DVA Davita Inc. 0.33% 73,300 $11.0M Add +6.8%
AZZ Azz Inc. 0.32% 131,500 $10.8M Add +6.8%
GRPN Groupon Inc. 0.31% 855,900 $10.4M Add +6.8%
BLBD Blue Bird Corp. 0.30% 263,400 $10.2M Add +6.9%
GFF Griffon Corp. 0.30% 140,000 $10.0M Add +6.8%
TOL Toll Brothers Inc. 0.30% 78,900 $9.9M Add +6.8%
TBCH Turtle Beach Corp. 0.30% 573,500 $9.9M Add +6.8%
LBRT Liberty Energy Inc. 0.29% 482,000 $9.6M Reduce -78.6%
GAP The Gap Inc. 0.28% 401,200 $9.5M Reduce -88.5%
CVX Chevron Corp. 0.28% 65,432 $9.5M Reduce -2.9%
PM Philip Morris International 0.28% 78,700 $9.5M Reduce -3.5%
MO Altria Group Inc. 0.28% 180,100 $9.4M Reduce -3.5%
TREE Lendingtree Inc. 0.28% 242,400 $9.4M Add +6.8%
PENG Penguin Solutions Inc. 0.28% 484,200 $9.3M Add +6.8%
KO The Coca-Cola Co. 0.27% 146,800 $9.1M Reduce -2.3%
VZ Verizon Communications Inc. 0.27% 227,950 $9.1M Reduce -3.7%
XOM Exxon Mobil Corp. 0.27% 84,112 $9.0M Reduce -3.1%
WFC Wells Fargo & Co. 0.26% 124,700 $8.8M Reduce -3.6%
JPM JPMorgan Chase & Co. 0.26% 35,800 $8.6M Reduce -3.2%
PVH PVH Corp. 0.25% 80,380 $8.5M Add +6.8%
C Citigroup Inc. 0.25% 118,800 $8.4M Reduce -2.8%
MS Morgan Stanley 0.25% 66,000 $8.3M Reduce -5.0%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.24% 185,900 $8.2M Reduce -3.8%

Show all 306 holdings

Portfolio Sells Q3 2024 → Q4 2024
MOD Modine Manufacturing Co. Sold out 0.00% −3.06
SFM Sprouts Farmers Market Inc. Reduce -82.7% 0.60% −2.64
ANF Abercrombie & Fitch Co. Class A Sold out 0.00% −2.57
CRS Carpenter Technology Sold out 0.00% −2.52
FIX Comfort Systems USA Inc. Sold out 0.00% −2.41
GAP The Gap Inc. Reduce -88.5% 0.28% −2.18
EME Emcor Group Inc. Reduce -84.4% 0.38% −2.14
COKE Coca-Cola Consolidated Inc. Sold out 0.00% −2.12
STRL Sterling Infrastructure Inc. Sold out 0.00% −2.07
PSN Parsons Corp. Sold out 0.00% −1.96
KD Kyndryl Holdings Inc. Sold out 0.00% −1.58
GPI Group 1 Automotive Inc. Sold out 0.00% −1.52
XPO Xpo Inc. Sold out 0.00% −1.49
AIT Applied Industrial Tech Inc. Sold out 0.00% −1.48
FLS Flowserve Corp. Sold out 0.00% −1.38
ENLC Enlink Midstream LLC Reduce -96.2% 0.04% −1.26
PAGP Plains GP Holdings LP Sold out 0.00% −1.23
LBRT Liberty Energy Inc. Reduce -78.6% 0.29% −1.09
OSK Oshkosh Corp. Sold out 0.00% −1.09
CONSOL ENERGY INC Sold out 0.00% −1.07
MLKN Millerknoll Inc. Sold out 0.00% −1.07
GES Guess? Inc. Reduce -82.5% 0.14% −1.05
OII Oceaneering Intl Inc. Sold out 0.00% −1.02
CRC California Resources Corp. Sold out 0.00% −0.98
MSM MSC Industrial Direct Co. Class A Sold out 0.00% −0.91
PBF PBF Energy Inc. Class A Sold out 0.00% −0.64
NATL NCR Atleos Corp. Sold out 0.00% −0.57
VYX NCR Voyix Corp. Sold out 0.00% −0.56
PARR Par Pacific Holdings Inc. Sold out 0.00% −0.53
MMM 3M Co. Reduce -32.4% 0.16% −0.11
AGR Avangrid Inc. Sold out 0.00% −0.10
DOW Dow Inc. Reduce -48.4% 0.05% −0.08
GS Goldman Sachs Group Inc. Reduce -70.5% 0.04% −0.08
SOBO South Bow Corp. Reduce -89.5% 0.01% −0.08
KO The Coca-Cola Co. Reduce -2.3% 0.27% −0.07
VZ Verizon Communications Inc. Reduce -3.7% 0.27% −0.07
ATO Atmos Energy Corp. Reduce -2.2% 0.72% −0.07
XOM Exxon Mobil Corp. Reduce -3.1% 0.27% −0.06
BCE Bce Inc. Reduce -3.5% 0.08% −0.06
HPQ HP Inc. Reduce -3.5% 0.24% −0.05
NVR NVR Inc. Reduce -25.0% 0.07% −0.05
IBM Intl Business Machines Corp. Reduce -6.5% 0.33% −0.05
UL Unilever PLC Reduce -3.4% 0.17% −0.05
CVS CVS Health Corp. Reduce -3.5% 0.08% −0.05
KDP Keurig Dr Pepper Inc. Reduce -3.5% 0.15% −0.04
HCA HCA Healthcare Inc. Reduce -6.4% 0.08% −0.04
GSK GSK PLC-Spon ADR Reduce -3.5% 0.13% −0.04
TXN Texas Instruments Inc. Reduce -5.6% 0.17% −0.04
FFIC Flushing Financial Corp. Reduce -56.7% 0.03% −0.04
TD Toronto-Dominion Bank Reduce -3.4% 0.13% −0.04

Portfolio Buys Q3 2024 → Q4 2024
PTON Peloton Interactive Inc. Class A New 2.54% +2.54
ALK Alaska Air Group Inc. New 2.45% +2.45
EAT Brinker International Inc. New 2.44% +2.44
NWL Newell Brands Inc. New 2.15% +2.15
UGI Ugi Corp. Add +2050.9% 2.00% +1.91
CAKE The Cheesecake Factory Inc. New 1.88% +1.88
HRI Herc Holdings Inc. New 1.87% +1.87
HBI Hanesbrands Inc. New 1.85% +1.85
GVA Granite Construction Inc. New 1.82% +1.82
RNG Ringcentral Inc. Class A New 1.76% +1.76
INGR Ingredion Inc. New 1.74% +1.74
POST Post Holdings Inc. New 1.69% +1.69
JWN Nordstrom Inc. New 1.67% +1.67
LNC Lincoln National Corp. New 1.61% +1.61
MAT Mattel Inc. New 1.58% +1.58
GPK Graphic Packaging Holding Co. New 1.54% +1.54
WKC World Kinect Corp. New 1.51% +1.51
DY Dycom Industries Inc. New 1.49% +1.49
VOYA Voya Financial Inc. New 1.40% +1.40
KBR KBR Inc. New 1.40% +1.40
LUMN Lumen Technologies Inc. New 1.34% +1.34
KBH KB Home New 1.31% +1.31
MHO M/I Homes Inc. New 1.30% +1.30
MTH Meritage Homes Corp. New 1.28% +1.28
OSCR Oscar Health Inc. Class A Add +550.3% 1.67% +1.24
RDFN Redfin Corp. New 1.19% +1.19
NSIT Insight Enterprises Inc. New 1.17% +1.17
MDU Mdu Resources Group Inc. Add +1098.5% 1.16% +1.00
ECG Everus Construction Group Add +969.5% 0.94% +0.85
CNK Cinemark Holdings Inc. Add +13.8% 1.83% +0.28
CLS Celestica Inc. Add +6.8% 0.60% +0.27
UTI Universal Technical Institut Add +6.8% 0.53% +0.19
FLR Fluor Corp. Add +13.1% 1.53% +0.12
URBN Urban Outfitters Inc. Add +6.8% 0.37% +0.11
DTM DT Midstream Inc. Add +6.3% 0.52% +0.10
BFH Bread Financial Holdings Inc. New 0.10% +0.10
TILE Interface Inc. Add +6.8% 0.44% +0.09
LRN Stride Inc. Add +6.8% 0.50% +0.09
TEVA Teva Pharmaceutical-SP ADR Add +6.8% 0.48% +0.08
GRPN Groupon Inc. Add +6.8% 0.31% +0.06
GBX Greenbrier Companies Inc. Add +6.8% 0.36% +0.06
MCD McDonald's Corp. New 0.06% +0.06
LYV Live Nation Entertainment Inc. Add +6.8% 0.37% +0.06
REVG Rev Group Inc. Add +6.8% 0.44% +0.05
MA Mastercard Inc. Class A New 0.05% +0.05
SPNT Siriuspoint Ltd. Add +6.8% 0.38% +0.05
VSEC Vse Corp. Add +6.8% 0.36% +0.04
CUBI Customers Bancorp Inc. New 0.04% +0.04
HOOD Robinhood Markets Inc. Class A New 0.04% +0.04
SWX Southwest Gas Holdings Inc. Add +31.1% 0.23% +0.03

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 325$3.1BVSAT, SANM, MTZ, SNX, DY
Q1 2026 278$2.8BMTZ, CASY, SNEX, ECHO, VSAT
Q4 2025 283$2.8BECHO, DY, CASY, M, CHRW
Q3 2025 281$2.9BCASY, SNEX, MTZ, PRIM, LDOS
Q2 2025 340$3.0BEAT, UGI, CAKE, OSCR, DY
Q1 2025 295$3.0BEAT, UGI, CAKE, ALK, PTON
Q4 2024 306$3.4BPTON, ALK, EAT, NWL, UGI
Q3 2024 300$3.1BSFM, MOD, ANF, CRS, EME
Q2 2024 300$2.6BANF, GAP, SFM, MOD, EME
Q1 2024 287$2.4BMOD, GAP, FIX, ANF, EME