SEC Filing Summary: Form 13F-HR
Business Context and Reporting Period
Reporting Manager: Hennessy Advisors, Inc.
Reporting Period: Quarter ended March 31, 2011
Filing Date: April 19, 2011
Report Type: 13F Holdings Report (No amendments or restatements)
Scope: This report covers all holdings of the reporting manager. No other managers are included.
Key Financial Metrics
As a Form 13F filing, this document reports equity holdings rather than the operating financials of the manager itself. Key portfolio metrics include:
- Total Portfolio Value: $690,949,000 (reported in thousands)
- Total Number of Holdings: 200
- Voting Authority: Sole voting authority for all reported positions.
- Top Holdings by Value (Selected):
- U.S. Airways Group Inc.: $895,200 (shares)
- Quiksilver Inc.: $775,200 (shares)
- Tuesday Morning Corp: $713,400 (shares)
- Newcastle Invt Corp: $665,200 (shares)
- Istar Finl Inc: $564,200 (shares)
Note: The filing lists share counts and values for individual positions but does not provide aggregate revenue, profit, cash flow, or debt metrics for Hennessy Advisors, Inc.
Material Changes
The filing text does not provide comparative data for the prior quarter (December 31, 2010). Consequently, material changes in holdings, additions, or deletions versus the prior period cannot be determined from this document alone.
Guidance, Outlook, and Risks
Form 13F filings are statutory reports of equity holdings and do not contain management commentary, forward-looking guidance, risk factors, or contingency disclosures. The filing includes a standard representation that the information is true, correct, and complete.
Investor Verification Checklist
- Verify the total portfolio value of approximately $691 million against the firm's latest 10-K or 10-Q for context on assets under management.
- Confirm the specific share counts for top holdings (e.g., U.S. Airways Group, Quiksilver) to assess concentration risk.
- Compare this list of 200 holdings against the previous quarter's 13F filing to identify significant trades.
- Note that all reported positions have "Sole" voting authority, indicating no shared control with other managers for these specific assets.