SEC Filing Summary: Form 13F-HR
Business Context and Reporting Period
Reporting Manager: Hennessy Advisors, Inc.
Filing Type: Form 13F Holdings Report
Reporting Period: Quarter ended June 30, 2012
Filing Date: July 23, 2012
Signatory: Teresa M. Nilsen, Executive Vice President and Chief Financial Officer
This filing discloses the equity securities held by Hennessy Advisors, Inc. as of the end of the second quarter of 2012. The report covers 171 individual holdings with sole voting authority.
Key Financial Metrics
Total Portfolio Value: $631,986,000 (Reported in thousands)
Total Number of Holdings: 171
Other Included Managers: 0
Note: As a Form 13F filing, this document reports holdings of equity securities. It does not contain data on revenue, profit, cash flow, operating margins, debt, or liquidity for Hennessy Advisors, Inc. or the underlying portfolio companies.
Material Changes and Portfolio Composition
The filing provides a snapshot of holdings at a single point in time. It does not contain comparative data against the prior quarter (March 31, 2012) to determine material changes in position size or new entries versus exits.
Top Holdings by Value (Selected):
- General Electric Co: $8,793,000 (421,950 shares)
- Intel Corp: $9,769,000 (366,550 shares)
- Sally Beauty Holdings Inc: $12,026,000 (467,200 shares)
- Ross Stores Inc: $11,978,000 (191,740 shares)
- Metropolitan Health Net: $4,975,000 (519,854 shares)
The portfolio is diversified across various sectors including Technology, Healthcare, Consumer Discretionary, and Industrials.
Guidance, Outlook, and Risks
Guidance and Outlook: The filing text does not provide management commentary, financial guidance, or future outlook for Hennessy Advisors or its portfolio companies.
Risks and Contingencies: No specific risk factors or contingencies are disclosed in this form. The filing includes a standard representation that the information is true, correct, and complete.
Investor Verification Checklist
- Verify the total portfolio value of approximately $632 million against the firm's latest 10-K or 10-Q for context on assets under management.
- Compare the 171 holdings listed here against the previous quarter's 13F filing to identify specific trades (buys/sells) and sector rotation.
- Confirm the "Sole" voting authority status for all listed positions to understand the firm's control level.
- Review the specific share counts for top holdings (e.g., Sally Beauty, Ross Stores) to assess concentration risk relative to the total portfolio.