SEC Filing Summary: HENNESSY ADVISORS INC (13F-HR)
Business Context and Reporting Period
This filing is a Form 13F-HR submitted by Hennessy Advisors Inc, an institutional investment manager based in Novato, CA. The report covers the quarter ended September 30, 2019, and was signed by Teresa M. Nilsen on October 7, 2019. The filing represents a complete holdings report for the manager with no other included managers.
Key Financial Metrics
As a Form 13F-HR, this document discloses equity holdings rather than the manager's own operating financials (revenue, profit, cash flow, or debt). The filing provides the following aggregate data regarding the managed portfolio:
- Total Portfolio Value: $1,990,292,000 (reported as 1,990,292 in thousands).
- Total Number of Holdings: 276 entries.
- Operating Metrics: The filing text does not provide a clear value for the manager's revenue, profit, margins, debt, or liquidity.
Material Changes
The filing text does not provide a clear value for material changes in holdings or portfolio value compared to the prior comparable period. This form type typically lists current holdings without explicit comparative analysis tables.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or specific risk factors regarding the portfolio's future performance. The document includes a standard SEC disclaimer stating that the Commission has not reviewed the information for accuracy or completeness.
Investor Verification Checklist
- Verify the total portfolio value of approximately $1.99 billion against the manager's latest 10-Q or 10-K for context on assets under management.
- Confirm the specific composition of the 276 holdings listed in the full schedule to assess sector concentration.
- Note that this filing does not disclose the manager's own financial health (revenue, expenses, or leverage).
- Check for subsequent filings (e.g., Q4 2019) to track changes in the portfolio composition.