SEC Filing Summary: Form 13F Information Table
Business Context and Reporting Period
Company: Hennessy Advisors Inc.
Filing Type: Form 13F Information Table
Reporting Period: Quarter ended June 30, 2019
Context: This filing discloses the equity securities held by Hennessy Advisors Inc. at the end of the reporting period. As a Form 13F, it details holdings of institutional investment managers but does not contain the company's own financial performance, revenue, or operational metrics.
Key Financial Metrics
Revenue, Profit, Cash Flow, Margins, Debt, Liquidity: The filing text does not provide a clear value for these metrics. Form 13F filings are limited to reporting the value and quantity of securities held by the manager, not the financial statements of the manager itself.
Portfolio Composition: The filing lists numerous equity positions across various sectors, including Energy (e.g., Kinder Morgan, Enbridge), Utilities (e.g., Dominion Energy, Southern Co), Financials (e.g., Bank of America, JPMorgan Chase), and Consumer Staples (e.g., Coca-Cola, PepsiCo). All reported voting authority is listed as "Sole."
Material Changes Versus Prior Period
Comparison Data: The filing text does not provide a clear value for changes versus the prior comparable period. This specific document contains only the snapshot of holdings as of June 30, 2019, without comparative data from the previous quarter.
Guidance, Outlook, and Risks
Management Commentary: The filing text does not provide a clear value for guidance, outlook, or management commentary. Form 13F is a regulatory disclosure of holdings and does not include forward-looking statements or strategic analysis.
Risks and Contingencies: No specific risks or contingencies are detailed in this filing. The standard SEC disclaimer notes that the Commission has not reviewed the information for accuracy or completeness.
Important Facts for Investor Verification
- Top Holdings by Value: Verify the largest positions by value, which include Kinder Morgan Inc ($45,875,000), Enbridge Inc ($46,210,000), and Sempra Energy ($46,364,000).
- Top Holdings by Share Count: Verify the largest positions by share volume, including Kinder Morgan Inc (2,197,101 shares), Enbridge Inc (1,280,765 shares), and AES Corp (1,340,200 shares).
- Voting Authority: Confirm that Hennessy Advisors Inc. reported "Sole" voting authority for all listed securities, indicating full control over voting decisions for these holdings.
- Derivatives: Verify that no Put or Call options were reported; all "Put/Call" columns are blank or zero.
- Scope Limitation: Acknowledge that this document reflects only the portfolio of Hennessy Advisors Inc. and does not reflect the financial health or operational results of Hennessy Advisors Inc. itself.