Hennion & Walsh Asset Management, Inc.

Other Low signal CIK 1861642
League rank
#743
in Other · #2514 overall
Long book
$2.97B
Q1 2026
Positions
928
Top-10 weight
18%
concentration
Last quarter
+13.2%
SPY +14.8%
Turnover
14%
of book per quarter

Strategy in plain words

auto-generated from filings

Hennion & Walsh Asset Management, Inc. is an institutional manager, running a $2.97B US long book across 928 positions.

The portfolio is broadly diversified across 928 positions (top 10 only 18%). Turnover is modest: positions are typically held for years. Current anchor positions: ISHARES CORE S&P 500 ETF, GOLDMAN ACTIVEBETA US LC ETF, WISDOMTREE DY INTER EQ FD-US, BLACKROCK MUNIYIELD QUALITY, VANGUARD VALUE ETF.

Over the last 9 quarters its long book ran on average 0.9pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+1.3%
Q2 2024
+6.3%
Q3 2024
-1.3%
Q4 2024
-1.8%
Q1 2025
+6.2%
Q2 2025
+6.6%
Q3 2025
+2.4%
Q4 2025
-0.6%
Q1 2026
+13.2%

Sector allocation

Technology
23%
Healthcare
17%
Industrials
15%
Utilities
9%
Other
9%
Financials
8%
Consumer discretionary
6%
Services media
5%

Long book by quarter

$1.87B
Q1 2024
$1.95B
Q2 2024
$2.14B
Q3 2024
$2.21B
Q4 2024
$2.25B
Q1 2025
$2.48B
Q2 2025
$2.76B
Q3 2025
$2.90B
Q4 2025
$2.97B
Q1 2026

What does Hennion & own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
GOOGL ALPHABET INC-CL ATechnology92.2K$26.5M0.9%-6.3%
NVDA NVIDIA CORPTechnology135.9K$23.7M0.8%-11.3%
CELC CELCUITY INCHealthcare182.6K$20.8M0.7%-4.4%
AVGO BROADCOM INCTechnology63.2K$19.6M0.7%-11.2%
AMZN AMAZON.COM INCConsumer discretionary89.3K$18.6M0.6%-5.6%
ADI ANALOG DEVICES INCTechnology57.0K$18.1M0.6%-1.6%
AMAT APPLIED MATERIALS INCTechnology52.7K$18.0M0.6%-10.4%
AAPL APPLE INCTechnology67.5K$17.1M0.6%-12.4%
LRCX LAM RESEARCH CORPIndustrials76.9K$16.4M0.6%+7.9%
KLAC KLA CORPOther10.4K$15.4M0.5%-9.6%
V VISA INC-CLASS A SHARESServices media47.0K$14.2M0.5%-4.2%
MSFT MICROSOFT CORPTechnology36.7K$13.6M0.5%+1.1%
LLY ELI LILLY & COHealthcare14.3K$13.2M0.4%+1.9%
GE GENERAL ELECTRICIndustrials46.0K$13.1M0.4%+19.3%
JPM JPMORGAN CHASE & COFinancials43.7K$12.9M0.4%+5.4%
COGT COGENT BIOSCIENCES INCHealthcare326.5K$12.6M0.4%-3.4%
WMT WALMART INCConsumer discretionary98.3K$12.2M0.4%+10.0%
META META PLATFORMS INC-CLASS ATechnology19.0K$10.9M0.4%-2.8%
LMT LOCKHEED MARTIN CORPIndustrials17.5K$10.6M0.4%+11.7%
PWR QUANTA SERVICES INCIndustrials19.1K$10.5M0.4%-8.6%
INDV INDIVIOR PHARMACEUTICALS INCHealthcare330.7K$10.1M0.3%New
JNJ JOHNSON & JOHNSONHealthcare41.2K$10.1M0.3%+0.1%
COST COSTCO WHOLESALE CORPConsumer discretionary9.6K$9.6M0.3%+14.0%
PANW PALO ALTO NETWORKS INCTechnology58.2K$9.3M0.3%+2.7%
JAZZ JAZZ PHARMACEUTICALS PLCHealthcare49.4K$9.3M0.3%+3.8%
NOC NORTHROP GRUMMAN CORPTechnology13.4K$9.2M0.3%+17.7%
MU MICRON TECHNOLOGY INCTechnology26.8K$9.1M0.3%+13.0%
MRK MERCK & CO. INC.Healthcare73.6K$8.9M0.3%-6.7%
CEG CONSTELLATION ENERGYUtilities31.2K$8.7M0.3%+46.6%
MIRM MIRUM PHARMACEUTICALS INCHealthcare93.6K$8.6M0.3%-4.8%
HWM HOWMET AEROSPACE INCIndustrials37.5K$8.6M0.3%+41.1%
NEE NEXTERA ENERGY INCUtilities90.7K$8.4M0.3%-5.7%
XOM EXXON MOBIL CORPEnergy49.1K$8.3M0.3%-4.3%
TRGP TARGA RESOURCES CORPUtilities33.2K$8.3M0.3%-7.4%
MCK MCKESSON CORPConsumer discretionary9.5K$8.2M0.3%-1.1%
TJX TJX COMPANIES INCConsumer discretionary50.9K$8.1M0.3%+0.6%
DAWNGBX DAY ONE BIOPHARMACEUTICALS I367.1K$7.9M0.3%+17.1%
ANET ARISTA NETWORKS INCTechnology63.0K$7.7M0.3%+6.0%
4XC1 KALVISTA PHARMACEUTICALS INC376.0K$7.6M0.3%+10.0%
TT TRANE TECHNOLOGIES PLCTechnology18.1K$7.5M0.3%-7.2%
MA MASTERCARD INC - AServices media14.9K$7.5M0.3%-5.1%
GD GENERAL DYNAMICS CORPIndustrials21.6K$7.4M0.2%+29.1%
OLMA OLEMA PHARMACEUTICALS INCHealthcare481.5K$7.2M0.2%+7.7%
AEP AMERICAN ELECTRIC POWERUtilities52.6K$6.9M0.2%+8.1%
FIX COMFORT SYSTEMS USA INCIndustrials5.0K$6.8M0.2%+20.8%
ASML ASML HOLDING NV-NY REG SHSIndustrials5.1K$6.8M0.2%+38.3%
SPGI S&P GLOBAL INCServices media15.7K$6.7M0.2%+2.4%
BSX BOSTON SCIENTIFIC CORPHealthcare105.9K$6.6M0.2%+2.2%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 13, 2026934$2.97B canonicalSEC ↗
Q4 202513F-HRJan 14, 2026930$2.90B canonicalSEC ↗
Q3 202513F-HROct 22, 2025941$2.76B canonicalSEC ↗
Q2 202513F-HRAug 7, 2025920$2.48B canonicalSEC ↗
Q1 202513F-HRApr 10, 2025870$2.25B canonicalSEC ↗
Q4 202413F-HRJan 15, 2025851$2.21B canonicalSEC ↗
Q3 202413F-HROct 22, 2024866$2.14B canonicalSEC ↗
Q2 202413F-HRJul 19, 2024838$1.95B canonicalSEC ↗
Q1 202413F-HRApr 17, 2024840$1.87B canonicalSEC ↗