Hennessy Advisors Inc.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 20, 2025), Hennessy Advisors Inc. reported 281 stock positions worth $2.9 billion. Its top holding was Casey's General Stores (CASY) at 2.0% of the portfolio, followed by Stonex (SNEX, 1.9%) and Mastec (MTZ, 1.8%). Compared with Q2 2025, it opened 28 new positions, sold out of 87, added to 65 and reduced 158. The biggest buy was a new position in Mastec (MTZ) and the biggest sale Brinker International (EAT, shares −89%).

Most Recent 13F
Q2 2026
Location
NOVATO, CA
CIK
0001145255
Portfolio Value
$2.9B (Q3 2025)
SEC Filing
0000897069-25-001587 ↗ filed Oct 20, 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 Q4 2024 Q1 2025: $3.0B Q1 2025 Q2 2025: $3.0B Q2 2025 Q3 2025: $2.9B $2.9B Q3 2025 Q4 2025: $2.8B Q4 2025 Q1 2026: $2.8B Q1 2026 Q2 2026: $3.1B Q2 2026

Holdings 281 stocks · $2.9B
CASY Casey's General Stores Inc. 1.98% 101,500 $57.4M Add +361.4%
SNEX Stonex Group Inc. 1.89% 542,800 $54.8M Add +383.8%
MTZ Mastec Inc. 1.76% 239,200 $50.9M New
PRIM Primoris Services Corp. 1.73% 364,600 $50.1M New
LDOS Leidos Holdings Inc. 1.69% 259,600 $49.1M Add +1427.1%
DY Dycom Industries Inc. 1.69% 167,500 $48.9M Reduce -29.2%
SNX TD Synnex Corp. 1.62% 287,404 $47.1M Add +30216.9%
CHRW C.H. Robinson Worldwide Inc. 1.53% 335,800 $44.5M New
M Macy's Inc. 1.53% 2,474,200 $44.4M New
J Jacobs Solutions Inc. 1.51% 292,100 $43.8M New
ACM Aecom 1.50% 333,200 $43.5M New
CCK Crown Holdings Inc. 1.50% 449,500 $43.4M New
W Wayfair Inc. Class A 1.50% 485,700 $43.4M New
GVA Granite Construction Inc. 1.48% 390,900 $42.9M Reduce -31.5%
ECHO Echostar Corp. Class A 1.47% 556,100 $42.5M New
LYFT LYFT Inc. Class A 1.43% 1,880,100 $41.4M New
CAKE The Cheesecake Factory Inc. 1.42% 754,200 $41.2M Reduce -30.9%
ALV Autoliv Inc. 1.42% 333,300 $41.2M New
VSAT Viasat Inc. 1.42% 1,404,800 $41.2M Add +12255.3%
SANM Sanmina Corp. 1.41% 355,600 $40.9M New
PENN Penn Entertainment Inc. 1.40% 2,104,700 $40.5M New
JLL Jones Lang Lasalle Inc. 1.40% 135,500 $40.4M New
VISN Vistance Networks Inc. filed as COMMSCOPE HLDG CO INC 1.40% 2,610,900 $40.4M New
NXST Nexstar Media Group Inc. 1.38% 202,400 $40.0M New
LAD Lithia Motors Inc. 1.36% 124,500 $39.3M New
CALM Cal-Maine Foods Inc. 1.31% 404,500 $38.1M New
AAL American Airlines Group Inc. 1.30% 3,339,200 $37.5M New
WWW Wolverine World Wide Inc. 1.26% 1,332,200 $36.6M New
OPEN Opendoor Technologies Inc. 1.20% 4,355,400 $34.7M New
WMB Williams Cos Inc. 1.15% 527,232 $33.4M Add +477.9%
LNG Cheniere Energy Inc. 1.04% 128,567 $30.2M Reduce -5.1%
OKE Oneok Inc. 1.02% 405,654 $29.6M Add +4.8%
KMI Kinder Morgan Inc. 1.02% 1,045,061 $29.6M Add +1.6%
TRP TC Energy Corp. 1.00% 534,630 $29.1M Reduce -4.2%
EQT Eqt Corp. 0.99% 524,698 $28.6M Add +0.9%
SRE Sempra 0.93% 297,780 $26.8M Reduce -8.3%
PRCH Porch Group Inc. 0.89% 1,540,600 $25.9M Reduce -7.4%
ENB Enbridge Inc. 0.89% 510,665 $25.8M Reduce -5.9%
ATO Atmos Energy Corp. 0.87% 148,086 $25.3M Reduce -9.9%
BRK.A Berkshire Hathaway Inc. Class A 0.86% 33 $24.9M No change
SO The Southern Co. 0.85% 259,200 $24.6M Reduce -8.4%
VZ Verizon Communications Inc. 0.68% 450,935 $19.8M Reduce -4.4%
ATRO Astronics Corp. 0.66% 416,300 $19.0M Reduce -7.4%
WEC WEC Energy Group Inc. 0.60% 151,540 $17.4M Reduce -12.4%
DTM DT Midstream Inc. 0.60% 153,240 $17.3M Reduce -11.7%
BTSG Brightspring Health Services 0.55% 538,100 $15.9M Reduce -7.3%
NI Nisource Inc. 0.54% 362,781 $15.7M Reduce -13.1%
KR Kroger Co. 0.52% 222,362 $15.0M Reduce -5.0%
JNJ Johnson & Johnson 0.52% 80,650 $15.0M No change
CAH Cardinal Health Inc. 0.47% 87,500 $13.7M Reduce -5.3%
CNP Centerpoint Energy Inc. 0.47% 350,728 $13.6M Reduce -13.5%
TIGO Millicom Intl Cellular S.A. 0.47% 277,900 $13.5M Reduce -7.3%
NGG National Grid PLC-SP ADR 0.47% 185,544 $13.5M Reduce -12.1%
PEG Public Service Enterprise GP 0.46% 160,690 $13.4M Reduce -13.1%
UGI Ugi Corp. 0.43% 378,452 $12.6M Reduce -83.3%
DUK Duke Energy Corp. 0.42% 99,487 $12.3M Reduce -13.0%
PBI Pitney Bowes Inc. 0.42% 1,075,000 $12.3M Reduce -7.4%
ED Consolidated Edison Inc. 0.42% 120,836 $12.1M Reduce -13.0%
GHC Graham Holdings Co. Class B 0.41% 9,987 $11.8M Reduce -7.4%
FOXA Fox Corp. Class A 0.40% 184,500 $11.6M Reduce -7.3%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.40% 40,800 $11.5M Reduce -1.9%
LYV Live Nation Entertainment Inc. 0.39% 68,595 $11.2M Reduce -7.3%
PCG P G & E Corp. 0.39% 740,149 $11.2M Reduce -13.0%
PSMT Pricesmart Inc. 0.38% 91,100 $11.0M Reduce -7.3%
PM Philip Morris International 0.37% 66,500 $10.8M Reduce -0.6%
GRPN Groupon Inc. 0.37% 457,800 $10.7M Reduce -7.3%
CMS CMS Energy Corp. 0.37% 145,698 $10.7M Reduce -13.0%
MRK Merck & Co. Inc. 0.36% 125,300 $10.5M Reduce -0.2%
MO Altria Group Inc. 0.36% 155,900 $10.3M Reduce -0.6%
CSCO Cisco Systems Inc. 0.35% 148,700 $10.2M Reduce -3.0%
HMN Horace Mann Educators 0.35% 223,700 $10.1M Reduce -7.4%
ADT Adt Inc. 0.35% 1,159,900 $10.1M Reduce -7.3%
CHEF The Chefs' Warehouse Inc. 0.35% 171,398 $10.0M Reduce -7.3%
ET Energy Transfer LP 0.34% 580,930 $10.0M No change
COMP Compass Inc. Class A 0.34% 1,235,400 $9.9M Reduce -7.3%
CSGS CSG Systems Intl Inc. 0.34% 154,067 $9.9M Reduce -7.3%
WMT Walmart Inc. 0.34% 95,800 $9.9M Reduce -7.3%
CVX Chevron Corp. 0.34% 63,232 $9.8M Reduce -3.4%
FMS Fresenius Medical Care-ADR 0.34% 372,200 $9.8M Reduce -7.4%
TDS Telephone and Data Systems 0.34% 248,400 $9.7M Reduce -7.3%
KO The Coca-Cola Co. 0.34% 146,800 $9.7M Reduce -1.6%
EPD Enterprise Products Partners 0.33% 310,050 $9.7M No change
MCD McDonald's Corp. 0.32% 30,900 $9.4M Reduce -1.0%
AXS Axis Capital Holdings Ltd. 0.32% 96,000 $9.2M Reduce -7.3%
DMC Del Monte Corp. filed as FRESH DEL MONTE PRODUCE INC 0.32% 264,445 $9.2M Reduce -7.4%
L Loews Corp. 0.31% 90,800 $9.1M Reduce -7.3%
C Citigroup Inc. 0.31% 89,400 $9.1M Reduce -1.1%
ALHC Alignment Healthcare Inc. 0.31% 519,700 $9.1M Reduce -7.3%
EZPW Ezcorp Inc. Class A 0.31% 474,200 $9.0M Reduce -7.3%
DRVN Driven Brands Holdings Inc. 0.31% 557,200 $9.0M Reduce -7.4%
MPLX MPLX LP 0.31% 179,549 $9.0M No change
EVER Everquote Inc. Class A 0.31% 389,600 $8.9M Reduce -7.4%
ORI Old Republic Intl Corp. 0.30% 207,598 $8.8M Reduce -7.3%
THG Hanover Insurance Group Inc./ 0.30% 47,900 $8.7M Reduce -7.3%
PG The Procter & Gamble Co. 0.30% 56,550 $8.7M Add +2.9%
POST Post Holdings Inc. filed as POST HLDGS INC 0.30% 80,700 $8.7M Reduce -83.7%
ALL Allstate Corp. 0.30% 40,112 $8.6M Reduce -8.2%
BHF Brighthouse Financial Inc. 0.29% 160,747 $8.5M Reduce -7.3%
VIRT Virtu Financial Inc. Class A 0.29% 237,400 $8.4M Reduce -7.3%
TRV The Travelers Cos Inc. 0.29% 29,900 $8.3M Reduce -7.1%
MKL Markel Group Inc. 0.28% 4,300 $8.2M Reduce -6.5%
EAT Brinker International Inc. 0.28% 64,600 $8.2M Reduce -88.8%
XEL Xcel Energy Inc. 0.28% 99,799 $8.0M Reduce -10.9%
WMK Weis Markets Inc. filed as WEIS MKTS INC 0.28% 111,779 $8.0M Reduce -7.4%
MS Morgan Stanley 0.27% 49,300 $7.8M Add +4.5%
COP Conocophillips 0.27% 82,724 $7.8M Reduce -8.8%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.27% 150,800 $7.8M Reduce -1.2%
CNO Cno Financial Group Inc. 0.27% 195,500 $7.7M Reduce -7.3%
SUN Sunoco LP 0.27% 154,500 $7.7M Reduce -7.4%
CVS CVS Health Corp. 0.27% 102,400 $7.7M Reduce -1.5%
UNM Unum Group 0.26% 98,600 $7.7M Reduce -7.3%
PEP Pepsico Inc. 0.26% 54,500 $7.7M Reduce -0.7%
BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC 0.26% 81,300 $7.6M Reduce -7.3%
HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC 0.26% 106,400 $7.6M Reduce -1.6%
WFC Wells Fargo & Co. 0.26% 89,900 $7.5M Reduce -1.2%
TD Toronto-Dominion Bank 0.26% 93,700 $7.5M Reduce -1.6%
PAA Plains All Amer Pipeline LP 0.26% 438,196 $7.5M No change
FNF Fidelity National Financial 0.26% 123,500 $7.5M Reduce -7.3%
RTX RTX Corp. 0.26% 44,500 $7.4M Reduce -1.6%
SWX Southwest Gas Holdings Inc. 0.26% 94,517 $7.4M Reduce -13.0%
ABBV Abbvie Inc. 0.25% 31,400 $7.3M Reduce -1.6%
GSK GSK PLC-Spon ADR 0.24% 161,160 $7.0M Reduce -1.5%
PPC Pilgrim's Pride Corp. 0.24% 170,000 $6.9M Reduce -7.4%
T AT&T Inc. 0.24% 241,760 $6.8M Reduce -1.6%
NFG National Fuel Gas Co. 0.24% 73,724 $6.8M Reduce -16.1%
CHTR Charter Communications Inc. Class A 0.23% 24,400 $6.7M Reduce -7.2%
AM Antero Midstream Corp. 0.23% 343,840 $6.7M No change
RY Royal Bank of Canada 0.23% 44,700 $6.6M Reduce -1.5%
GILD Gilead Sciences Inc. 0.22% 58,700 $6.5M Reduce -1.5%
OGS One Gas Inc. 0.22% 78,875 $6.4M Reduce -13.0%
ABT Abbott Laboratories 0.22% 47,500 $6.4M Reduce -1.4%
F Ford Motor Co. filed as FORD MTR CO 0.22% 529,300 $6.3M Reduce -1.5%
DTE DTE Energy Company 0.22% 44,604 $6.3M Reduce -13.1%
XOM Exxon Mobil Corp. 0.21% 55,212 $6.2M Reduce -3.0%
NOMD Nomad Foods Ltd. 0.21% 469,800 $6.2M Reduce -7.4%
CNQ Canadian Natural Resources 0.21% 189,800 $6.1M Reduce -2.9%
PPL PPL Corp. 0.21% 162,519 $6.0M Reduce -13.1%
SU Suncor Energy Inc. 0.21% 144,160 $6.0M Reduce -8.6%
EXC Exelon Corp. 0.20% 131,931 $5.9M Reduce -13.1%
BP BP PLC-Spons ADR 0.20% 170,000 $5.9M Reduce -1.6%
MDT Medtronic PLC 0.20% 61,200 $5.8M Reduce -1.4%
MDLZ Mondelez International Inc. Class A 0.20% 93,100 $5.8M Reduce -1.6%
SHEL Shell PLC-ADR 0.20% 80,800 $5.8M Reduce -1.5%
UL Unilever PLC 0.20% 96,800 $5.7M Reduce -1.5%
NKE Nike Inc. Class B 0.19% 77,750 $5.4M Reduce -1.5%
TTE Totalenergies SE -Spon ADR 0.19% 90,600 $5.4M Reduce -1.5%
HD Home Depot Inc. 0.18% 13,200 $5.3M Reduce -1.5%
NJR New Jersey Resources Corp. 0.18% 110,034 $5.3M Reduce -13.0%
EQNR Equinor ASA-Spon ADR 0.18% 216,200 $5.3M Reduce -1.6%
PFE Pfizer Inc. 0.18% 204,900 $5.2M Reduce -1.5%
UPS United Parcel Service Class B 0.18% 62,200 $5.2M Reduce -0.6%
PBR Petroleo Brasileiro-Spon ADR 0.17% 392,800 $5.0M Reduce -1.5%
FTS Fortis Inc. 0.17% 97,676 $5.0M Reduce -13.1%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.17% 141,510 $4.9M Reduce -1.3%
CL Colgate-Palmolive Co. 0.17% 60,800 $4.9M Reduce -1.5%
KHC The Kraft Heinz Co. 0.17% 184,100 $4.8M Reduce -1.6%
SBUX Starbucks Corp. 0.17% 56,600 $4.8M Reduce -1.6%
WES Western Midstream Partners L 0.16% 119,770 $4.7M No change
ROOT Root Inc./Oh Class A 0.16% 51,902 $4.6M Reduce -7.3%
CMCSA Comcast Corp. Class A 0.16% 147,300 $4.6M Reduce -1.5%
D Dominion Energy Inc. 0.16% 73,477 $4.5M Reduce -13.0%
SR Spire Inc. 0.15% 54,141 $4.4M Reduce -13.0%
BMY Bristol-Myers Squibb Co. 0.15% 95,700 $4.3M Reduce -1.5%
WTRG Essential Utilities Inc. 0.15% 106,200 $4.2M Reduce -13.1%
AMGN Amgen Inc. 0.13% 13,750 $3.9M Reduce -0.7%
AEE Ameren Corporation 0.13% 36,080 $3.8M Reduce -13.8%
BANC Banc of California Inc. 0.13% 225,000 $3.7M Reduce -3.4%
HCA HCA Healthcare Inc. 0.13% 8,700 $3.7M Add +2.4%
JBL Jabil Inc. 0.13% 16,963 $3.7M Add +0.1%
ULTA Ulta Beauty Inc. 0.12% 6,600 $3.6M Add +1.5%
COLB Columbia Banking System Inc. 0.12% 140,000 $3.6M New
CNOB Connectone Bancorp Inc. 0.12% 145,000 $3.6M Add +7.4%
PFS Provident Financial Services 0.12% 185,000 $3.6M Add +2.8%
CPK Chesapeake Utilities Corp. 0.12% 25,958 $3.5M Reduce -12.2%
COR Cencora Inc. 0.12% 11,100 $3.5M Add +1.8%
DELL Dell Technologies -C 0.12% 24,400 $3.5M Add +1.2%
AZO AutoZone Inc. 0.12% 800 $3.4M No change
HIFS Hingham Institution for SVGS 0.12% 13,000 $3.4M Add +8.3%
FERG Ferguson Enterprises Inc. 0.12% 15,000 $3.4M Add +1.4%
CAT Caterpillar Inc. 0.12% 7,000 $3.3M Add +1.4%
WAFD Wafd Inc. 0.12% 110,000 $3.3M No change
MDU Mdu Resources Group Inc. 0.11% 184,907 $3.3M Reduce -89.8%
HSY The Hershey Co. 0.11% 17,500 $3.3M Add +1.7%
NBBK NB Bancorp Inc. 0.11% 185,000 $3.3M Add +2.8%
BKU Bankunited Inc. 0.11% 85,000 $3.2M Reduce -5.6%
FLG Flagstar Bank NA 0.11% 272,000 $3.1M Add +3.8%
INDB Independent Bank Corp. 0.11% 45,000 $3.1M Add +12.5%
DHI D.R. Horton Inc. 0.11% 18,300 $3.1M Add +1.7%
OCFC Oceanfirst Financial Corp. 0.11% 175,000 $3.1M Reduce -7.9%
PHM Pultegroup Inc. 0.10% 23,000 $3.0M Add +1.3%
EGBN Eagle Bancorp Inc. 0.10% 150,000 $3.0M Add +7.1%
FCX Freeport-McMoran Inc. 0.10% 76,720 $3.0M Reduce -8.0%
SYY Sysco Corp. 0.10% 36,500 $3.0M Add +1.1%
MMM 3M Co. 0.10% 19,100 $3.0M Add +1.6%
HAL Halliburton Co. 0.10% 118,280 $2.9M Add +0.9%
BKH Black Hills Corp. 0.10% 46,847 $2.9M Reduce -12.7%
QCOM Qualcomm Inc. 0.10% 17,104 $2.8M Add +1.7%
EOG EOG Resources Inc. 0.10% 25,230 $2.8M Add +0.8%
DRI Darden Restaurants Inc. 0.10% 14,800 $2.8M Add +1.4%
BFH Bread Financial Holdings Inc. 0.10% 50,000 $2.8M Reduce -16.7%
NTAP Netapp Inc. 0.10% 23,296 $2.8M Add +1.3%
LMT Lockheed Martin Corp. 0.09% 5,500 $2.7M Add +1.9%
UNP Union Pacific Corp. 0.09% 11,500 $2.7M Add +1.8%
PGR Progressive Corp. 0.09% 11,000 $2.7M Add +0.9%
DE Deere & Co. 0.09% 5,900 $2.7M No change
SNA Snap-on Inc. 0.09% 7,700 $2.7M Add +1.3%
WNEB Western New England Bancorp 0.09% 220,000 $2.6M Reduce -24.1%
TRGP Targa Resources Corp. 0.09% 15,770 $2.6M No change
KMB Kimberly-Clark Corp. 0.09% 21,100 $2.6M Add +1.4%
CUBI Customers Bancorp Inc. 0.09% 40,000 $2.6M Add +8.1%
LOW Lowe's Cos Inc. 0.09% 10,300 $2.6M Add +645.8%
LPLA LPL Financial Holdings Inc. 0.09% 7,700 $2.6M Add +1.3%
BBY Best Buy Co. Inc. 0.09% 33,000 $2.5M Add +1.2%
DVN Devon Energy Corp. 0.09% 71,000 $2.5M Add +1.3%
NVR NVR Inc. 0.08% 300 $2.4M No change
CDW CDW Corp. 0.08% 15,003 $2.4M Add +1.8%
PCAR Paccar Inc. 0.08% 24,300 $2.4M Add +1.3%
WTFC Wintrust Financial Corp. 0.08% 18,000 $2.4M Reduce -7.7%
EBC Eastern Bankshares Inc. 0.08% 130,000 $2.4M No change
RKT Rocket Cos Inc. Class A 0.08% 120,000 $2.3M Add +100.0%
DAL Delta Air Lines Inc. 0.08% 40,500 $2.3M Add +1.3%
NWN Northwest Natural Holding Co. 0.08% 51,103 $2.3M Reduce -11.6%
LNT Alliant Energy Corp. 0.08% 33,450 $2.3M Reduce -12.1%
TBBK The Bancorp Inc. 0.08% 30,000 $2.2M Add +76.5%
HPQ HP Inc. 0.08% 82,500 $2.2M Add +1.2%
CSL Carlisle Cos Inc. 0.08% 6,700 $2.2M Add +1.5%
ONB Old National Bancorp 0.07% 95,000 $2.1M Reduce -5.0%
BCAL California Bancorp 0.07% 125,000 $2.1M No change
BLDR Builders Firstsource Inc. 0.07% 16,300 $2.0M Add +1.2%
BAH Booz Allen Hamilton Holdings 0.07% 19,600 $2.0M Add +1.0%
GDDY GoDaddy Inc. Class A 0.07% 14,116 $1.9M Add +6.9%
JPM JPMorgan Chase & Co. 0.07% 6,000 $1.9M No change
TGT Target Corp. 0.06% 20,500 $1.8M Add +1.5%
ASB Associated Banc-Corp. 0.06% 70,000 $1.8M Reduce -33.3%
HOOD Robinhood Markets Inc. Class A 0.06% 12,500 $1.8M Reduce -45.6%
PNC PNC Financial Services Group 0.06% 8,500 $1.7M No change
COIN Coinbase Global Inc. Class A 0.06% 5,000 $1.7M Reduce -16.7%
TFC Truist Financial Corp. 0.06% 36,500 $1.7M No change
COF Capital One Financial Corp. 0.06% 7,500 $1.6M No change
HWC Hancock Whitney Corp. 0.05% 25,000 $1.6M Reduce -16.7%
BRK.B Berkshire Hathaway Inc. Class B 0.05% 3,000 $1.5M No change
XYZ Block Inc. 0.05% 20,000 $1.4M Reduce -20.0%
SYF Synchrony Financial 0.05% 20,000 $1.4M No change
PYPL PayPal Holdings Inc. 0.05% 21,000 $1.4M Add +2.4%
V Visa Inc. Class A 0.05% 4,000 $1.4M Reduce -7.0%
BANR Banner Corporation 0.05% 20,000 $1.3M No change
AUB Atlantic Union Bankshares Co. 0.04% 35,000 $1.2M Reduce -12.5%
MA Mastercard Inc. Class A 0.04% 2,000 $1.1M Reduce -25.9%
MGEE Mge Energy Inc. 0.04% 13,279 $1.1M Reduce -13.1%
EQH Equitable Holdings Inc. 0.04% 22,000 $1.1M Reduce -18.5%
GS Goldman Sachs Group Inc. 0.04% 1,300 $1.0M Reduce -38.1%
NWE Northwestern Energy Group Inc. 0.03% 14,798 $867K Reduce -17.8%
AVA Avista Corp. 0.03% 22,272 $842K Reduce -12.2%
ETOR Etoro Group Ltd. Class A 0.03% 19,000 $784K Add +26.7%
AQN Algonquin Power & Utilities 0.03% 145,064 $779K Reduce -12.7%
UTL Unitil Corp. 0.02% 14,598 $699K Reduce -4.6%
PSX Phillips 66 0.02% 5,000 $680K No change
NOV Nov Inc. 0.02% 50,900 $674K No change
VLO Valero Energy Corp. 0.02% 3,950 $673K Reduce -33.6%
BBT Beacon Financial Corp. 0.02% 27,300 $647K New
USB US Bancorp 0.02% 13,000 $628K New
EXE Expand Energy Corp. 0.02% 5,900 $627K Add +20.4%
AR Antero Resources Corp. 0.02% 18,200 $611K No change
AVBC Avidia Bancorp Inc. 0.02% 40,000 $598K New
FANG Diamondback Energy Inc. 0.02% 4,120 $590K No change
NEE Nextera Energy Inc. 0.02% 6,570 $496K Reduce -37.8%
HP Helmerich & Payne 0.02% 22,000 $486K No change
UNH Unitedhealth Group Inc. 0.02% 1,400 $483K Add +300.0%
CFG Citizens Financial Group 0.02% 9,000 $478K Add +12.5%
TS Tenaris SA-ADR 0.01% 12,000 $429K No change
MUR Murphy Oil Corp. 0.01% 13,500 $384K New
CHYM Chime Financial Inc. Class A 0.01% 17,000 $343K Add +183.3%
RGCO RGC Resources Inc. 0.01% 13,454 $302K Reduce -14.1%
SCHW Schwab (charles) Corp. 0.01% 3,000 $286K No change
FIGR Figure Technology Solut Class A 0.01% 7,000 $255K New
HTB Hometrust Bancshares Inc. 0.01% 5,000 $205K Reduce -85.7%
TSEM Tower Semiconductor Ltd. 0.01% 2,794 $202K New
ACDC Profrac Holding Corp. Class A 0.00% 35,000 $130K Add +75.0%
UMC United Microelectron-SP ADR 0.00% 16,741 $127K Add +12.3%
ERIC Ericsson (lm) Tel-SP ADR filed as TELEFONAKTIEBOLAGET LM ERICS 0.00% 14,806 $122K Add +8.7%
PRTH Priority Technology Holdings 0.00% 10,000 $69K No change

Portfolio Sells Q2 2025 → Q3 2025
EAT Brinker International Inc. Reduce -88.8% 0.28% −3.19
UGI Ugi Corp. Reduce -83.3% 0.43% −2.32
OSCR Oscar Health Inc. Class A Sold out 0.00% −2.05
PTON Peloton Interactive Inc. Class A Sold out 0.00% −1.86
ALK Alaska Air Group Inc. Sold out 0.00% −1.72
CNK Cinemark Holdings Inc. Sold out 0.00% −1.64
MAT Mattel Inc. Sold out 0.00% −1.62
LNC Lincoln National Corp. Sold out 0.00% −1.62
INGR Ingredion Inc. Sold out 0.00% −1.58
RDFN Redfin Corp. Sold out 0.00% −1.56
POST Post Holdings Inc. Reduce -83.7% 0.30% −1.50
FLR Fluor Corp. Sold out 0.00% −1.46
WKC World Kinect Corp. Sold out 0.00% −1.43
VOYA Voya Financial Inc. Sold out 0.00% −1.33
RNG Ringcentral Inc. Class A Sold out 0.00% −1.31
HRI Herc Holdings Inc. Sold out 0.00% −1.20
GPK Graphic Packaging Holding Co. Sold out 0.00% −1.10
NWL Newell Brands Inc. Sold out 0.00% −1.07
KBR KBR Inc. Sold out 0.00% −1.06
MTH Meritage Homes Corp. Sold out 0.00% −1.03
LUMN Lumen Technologies Inc. Sold out 0.00% −1.02
MHO M/I Homes Inc. Sold out 0.00% −1.01
NSIT Insight Enterprises Inc. Sold out 0.00% −0.97
KBH KB Home Sold out 0.00% −0.97
HBI Hanesbrands Inc. Sold out 0.00% −0.96
MDU Mdu Resources Group Inc. Reduce -89.8% 0.11% −0.89
CAKE The Cheesecake Factory Inc. Reduce -30.9% 1.42% −0.86
ECG Everus Construction Group Sold out 0.00% −0.84
GVA Granite Construction Inc. Reduce -31.5% 1.48% −0.30
DY Dycom Industries Inc. Reduce -29.2% 1.69% −0.24
GRPN Groupon Inc. Reduce -7.3% 0.37% −0.18
CHTR Charter Communications Inc. Class A Reduce -7.2% 0.23% −0.13
PPBI Pacific Premier Bancorp Inc. Sold out 0.00% −0.11
VIRT Virtu Financial Inc. Class A Reduce -7.3% 0.29% −0.09
HES Hess Corp. Sold out 0.00% −0.08
ROOT Root Inc./Oh Class A Reduce -7.3% 0.16% −0.08
LOGI Logitech International-Reg Sold out 0.00% −0.08
NOMD Nomad Foods Ltd. Reduce -7.4% 0.21% −0.07
NGG National Grid PLC-SP ADR Reduce -12.1% 0.47% −0.06
LNG Cheniere Energy Inc. Reduce -5.1% 1.04% −0.06
PEG Public Service Enterprise GP Reduce -13.1% 0.46% −0.06
BJ Bj's Wholesale Club Holdings Reduce -7.3% 0.26% −0.05
CHEF The Chefs' Warehouse Inc. Reduce -7.3% 0.35% −0.05
ED Consolidated Edison Inc. Reduce -13.0% 0.42% −0.05
FMS Fresenius Medical Care-ADR Reduce -7.4% 0.34% −0.04
CAH Cardinal Health Inc. Reduce -5.3% 0.47% −0.04
CB Chubb Ltd. Sold out 0.00% −0.04
KR Kroger Co. Reduce -5.0% 0.52% −0.04
DRVN Driven Brands Holdings Inc. Reduce -7.4% 0.31% −0.04
AXS Axis Capital Holdings Ltd. Reduce -7.3% 0.32% −0.04

Portfolio Buys Q2 2025 → Q3 2025
MTZ Mastec Inc. New 1.76% +1.76
PRIM Primoris Services Corp. New 1.73% +1.73
SNX TD Synnex Corp. Add +30216.9% 1.62% +1.62
CASY Casey's General Stores Inc. Add +361.4% 1.98% +1.61
LDOS Leidos Holdings Inc. Add +1427.1% 1.69% +1.60
SNEX Stonex Group Inc. Add +383.8% 1.89% +1.55
CHRW C.H. Robinson Worldwide Inc. New 1.53% +1.53
M Macy's Inc. New 1.53% +1.53
J Jacobs Solutions Inc. New 1.51% +1.51
ACM Aecom New 1.50% +1.50
CCK Crown Holdings Inc. New 1.50% +1.50
W Wayfair Inc. Class A New 1.50% +1.50
ECHO Echostar Corp. Class A New 1.47% +1.47
LYFT LYFT Inc. Class A New 1.43% +1.43
ALV Autoliv Inc. New 1.42% +1.42
VSAT Viasat Inc. Add +12255.3% 1.42% +1.42
SANM Sanmina Corp. New 1.41% +1.41
PENN Penn Entertainment Inc. New 1.40% +1.40
VISN Vistance Networks Inc. New 1.40% +1.40
JLL Jones Lang Lasalle Inc. New 1.40% +1.40
NXST Nexstar Media Group Inc. New 1.38% +1.38
LAD Lithia Motors Inc. New 1.36% +1.36
CALM Cal-Maine Foods Inc. New 1.31% +1.31
AAL American Airlines Group Inc. New 1.30% +1.30
WWW Wolverine World Wide Inc. New 1.26% +1.26
OPEN Opendoor Technologies Inc. New 1.20% +1.20
WMB Williams Cos Inc. Add +477.9% 1.15% +0.96
COLB Columbia Banking System Inc. New 0.12% +0.12
LOW Lowe's Cos Inc. Add +645.8% 0.09% +0.09
RKT Rocket Cos Inc. Class A Add +100.0% 0.08% +0.05
MS Morgan Stanley Add +4.5% 0.27% +0.05
TBBK The Bancorp Inc. Add +76.5% 0.08% +0.05
DHI D.R. Horton Inc. Add +1.7% 0.11% +0.03
CAT Caterpillar Inc. Add +1.4% 0.12% +0.03
PHM Pultegroup Inc. Add +1.3% 0.10% +0.03
INDB Independent Bank Corp. Add +12.5% 0.11% +0.02
ULTA Ulta Beauty Inc. Add +1.5% 0.12% +0.02
BBT Beacon Financial Corp. New 0.02% +0.02
USB US Bancorp New 0.02% +0.02
DELL Dell Technologies -C Add +1.2% 0.12% +0.02
HAL Halliburton Co. Add +0.9% 0.10% +0.02
AVBC Avidia Bancorp Inc. New 0.02% +0.02
CNOB Connectone Bancorp Inc. Add +7.4% 0.12% +0.02
HCA HCA Healthcare Inc. Add +2.4% 0.13% +0.02
HIFS Hingham Institution for SVGS Add +8.3% 0.12% +0.02
PFS Provident Financial Services Add +2.8% 0.12% +0.02
CUBI Customers Bancorp Inc. Add +8.1% 0.09% +0.02
HSY The Hershey Co. Add +1.7% 0.11% +0.02
FLG Flagstar Bank NA Add +3.8% 0.11% +0.02
DAL Delta Air Lines Inc. Add +1.3% 0.08% +0.01

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