Hennessy Advisors Inc.
Hennessy Advisors, Inc. is a publicly traded asset manager headquartered in Novato, California, founded in 1989. The firm manages and markets a broad family of mutual funds and ETFs branded as Hennessy Funds, offering strategies across traditional equity, specialty, multi-asset, and sector categories. It serves individual investors and institutions, adhering to a disciplined buy-and-hold philosophy, with a commitment to shareholder service, integrity, and transparency. As of June 2025, Hennessy Advisors has 18 employees and oversees approximately $4.28 billion in assets under management.
Investment Strategy
Hennessy Advisors employs a consistent and disciplined investment approach based on a buy-and-hold philosophy, explicitly rejecting market timing. Their strategies seek to dampen risk and preserve capital during volatile periods, while providing investors opportunities for balanced, long-term returns. The firm manages diversified products ranging from equity and sector funds to more conservative multi-asset portfolios, maintaining high-conviction, quality stock holdings regardless of short-term market fluctuations and headlines. The firm focuses on transparency, investor education, and a partnership model grounded in ethical management.
Top Holdings
Equity Positions (276)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
C CASY | Caseys Gen Stores Inc | 1.98% | $57.4M | 101,500 | $553.39 | $565.32 | +$46.2M |
S SNEX | StoneX Group Inc | 1.89% | $54.8M | 542,800 | $98.90 | $100.92 | +$44.6M |
M MTZ | MasTec Inc | 1.76% | $50.9M | 239,200 | $212.81 | $212.81 | +$50.9M |
P PRIM | Primoris Svcs Corp | 1.73% | $50.1M | 364,600 | $137.33 | $137.33 | +$50.1M |
L LDOS | Leidos Holdings Inc | 1.69% | $49.1M | 259,600 | $185.42 | $188.96 | +$46.4M |