SEC Filing Summary: Form 13F Information Table
Business Context and Reporting Period
Company: Hennessy Advisors Inc.
Filing Type: Form 13F Information Table (Quarterly Report of Holdings)
Reporting Period: The filing text does not explicitly state the specific quarter end date (e.g., Q1 2024), though the metadata indicates a period of "2026 Jun 30". The document lists holdings as of the most recent quarter-end required by SEC regulations.
Key Financial Metrics and Portfolio Composition
Portfolio Overview: The filing details a diversified portfolio of equity securities held by the investment manager. The data provided includes the name of the issuer, title of class, CUSIP, value (to the nearest dollar), and shares/principal amount held.
Top Holdings by Value (Selected Examples):
- Viasat Inc: $108,194,107 (1,204,700 shares)
- Sanmina Corp: $87,919,992 (347,400 shares)
- TD SYNNEX Corp: $75,282,944 (281,600 shares)
- Dycom Industries Inc: $72,602,724 (143,600 shares)
- Peloton Interactive Inc: $26,520,534 (4,487,400 shares)
- Lyft Inc: $23,555,703 (1,612,300 shares)
- Opendoor Technologies Inc: $17,255,238 (3,734,900 shares)
Voting Authority: For all listed securities, the manager reports "SOLE" voting authority. No "SHARED" or "NONE" authority is reported for the listed positions.
Derivatives: The filing lists "PUT/CALL" columns, but no put or call options are reported for the listed securities (all values are 0).
Material Changes
Comparison to Prior Period: The provided text contains only the current period's holdings table. It does not include the prior quarter's data or a summary of purchases and sales. Therefore, material changes in position size or new entries versus the prior comparable period cannot be determined from this text alone.
Guidance, Outlook, and Risks
Management Commentary: Form 13F filings are statutory disclosures of holdings and do not contain management commentary, forward-looking guidance, or strategic outlooks.
Risks and Contingencies: The filing includes a standard disclaimer stating that the SEC has not reviewed the information and that readers should not assume it is accurate or complete. No specific business risks or contingencies are detailed in this document.
Investor Verification Checklist
- Portfolio Concentration: Verify the total aggregate value of the portfolio to assess the weight of top holdings like Viasat and Sanmina relative to the total AUM.
- Turnover Analysis: Compare this list against the previous quarter's 13F filing to identify significant new positions or exits (e.g., changes in Peloton or Opendoor holdings).
- Valuation Accuracy: Confirm that the "Value" column reflects the market price at the quarter-end date, as 13F values are estimates to the nearest dollar.
- Reporting Lag: Note that 13F filings are submitted 45 days after the quarter-end; verify the actual filing date to ensure the data is current.
- Exclusions: Remember that 13F filings only report long positions in equity securities; they do not disclose short positions, derivatives (unless exercised), or non-equity assets.