Hennessy Advisors Inc Q1 2023 vs. Q2 2023 13F Holdings Comparison

Super Micro Computer Inc, Oneok Inc New, Kinder Morgan Inc Del, Cheniere Energy Inc, EQT Corp - these are just a few of the companies that Hennessy Advisors Inc has made significant changes to its holdings in. In this blog post, we will explore the Q1 2023 vs. Q2 2023 13F holdings comparison for Hennessy Advisors Inc and analyze the reasons behind these changes.

Hennessy Advisors Inc is an investment management firm that specializes in managing mutual funds and other investment vehicles. As part of their regulatory requirements, they are required to file a quarterly report known as the 13F. This report details the holdings of the firm, including the number of shares held and the value of those shares.

In comparing the Q1 2023 and Q2 2023 13F holdings of Hennessy Advisors Inc, we can see that there have been several notable changes. Let's dive into some of these changes and analyze their implications.

One of the most significant changes in holdings is the increase in shares of Super Micro Computer Inc. In Q1 2023, Hennessy Advisors Inc held 213,900 shares of Super Micro Computer Inc, which increased to 218,800 shares in Q2 2023. This represents a 2.3% increase in holdings. The value of these shares also saw a significant jump, from $22,791,000 in Q1 2023 to $54,535,000 in Q2 2023, a whopping increase of 139.3%.

Another notable change is the increase in holdings of Oneok Inc New. In Q1 2023, Hennessy Advisors Inc held 378,426 shares of Oneok Inc New, which increased to 453,826 shares in Q2 2023, representing a 19.9% increase. The value of these shares also saw an increase, from $24,045,000 in Q1 2023 to $28,010,000 in Q2 2023, representing a 16.5% increase.

Kinder Morgan Inc Del, Cheniere Energy Inc, and EQT Corp are among other companies that saw an increase in holdings by Hennessy Advisors Inc. On the other hand, companies like Berkshire Hathaway Inc - Cl A, ENBRIDGE Inc, Sempra, and Atmos Energy Corp experienced a decrease in holdings.

These changes in holdings can be attributed to various factors. One of the primary reasons for increasing holdings is the potential growth and profitability of the company. Hennessy Advisors Inc may have identified these companies as having solid business models and strong growth prospects, leading them to increase their holdings.

Conversely, the decrease in holdings may be due to a reassessment of the company's potential or changes in market conditions. Hennessy Advisors Inc may have decided to decrease their holdings in these companies in light of unfavorable market conditions or a change in their investment strategy.

It's crucial to note that the changes in holdings by Hennessy Advisors Inc are not necessarily indicative of the overall performance or prospects of these companies. Hennessy Advisors Inc is a professional investment management firm, and their decisions are based on in-depth research, analysis, and their specific investment objectives.

In conclusion, the Q1 2023 vs. Q2 2023 13F holdings comparison reveals the changes in holdings made by Hennessy Advisors Inc. These changes reflect their assessment of the companies' growth potential and market conditions. As an investment management firm, Hennessy Advisors Inc is constantly adjusting its holdings to optimize the performance of its investment portfolio and achieve its investment objectives.

Disclaimer: The information provided in this blog post is based on public data and should not be considered financial advice. It is for informational purposes only. Investors should conduct their own research and analysis before making any investment decisions.