0001140361-18-033016.txt : 20180720 0001140361-18-033016.hdr.sgml : 20180720 20180720155844 ACCESSION NUMBER: 0001140361-18-033016 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20180630 FILED AS OF DATE: 20180720 DATE AS OF CHANGE: 20180720 EFFECTIVENESS DATE: 20180720 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HENNESSY ADVISORS INC CENTRAL INDEX KEY: 0001145255 STANDARD INDUSTRIAL CLASSIFICATION: INVESTMENT ADVICE [6282] IRS NUMBER: 680176227 FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-06715 FILM NUMBER: 18962493 BUSINESS ADDRESS: STREET 1: 7250 REDWOOD BLVD. STREET 2: SUITE 200 CITY: NOVATO STATE: CA ZIP: 94945 BUSINESS PHONE: 415-899-1555 MAIL ADDRESS: STREET 1: 7250 REDWOOD BLVD. STREET 2: SUITE 200 CITY: NOVATO STATE: CA ZIP: 94945 13F-HR 1 primary_doc.xml 13F-HR LIVE false true false 0001145255 XXXXXXXX 06-30-2018 06-30-2018 HENNESSY ADVISORS INC

7250 REDWOOD BLVD. SUITE 200 NOVATO CA 94945

13F HOLDINGS REPORT 028-06715 N Teresa M. Nilsen 415-899-1555 /s/ Teresa M. Nilsen Novato CA 07-20-2018 0 274 2916772 false INFORMATION TABLE 2 form13fInfoTable.xml ALCOA CORP COM 013872106 31541 672800 SH SOLE 672800 0 0 ALGONQUIN PWR UTILS CORP COM 015857105 3275 338664 SH SOLE 338664 0 0 ALLSTATE CORP COM 020002101 2985 32700 SH SOLE 32700 0 0 ALTRIA GROUP INC COM 02209S103 7280 128200 SH SOLE 128200 0 0 AMEREN CORP COM 023608102 7317 120240 SH SOLE 120240 0 0 AMERICAN AIRLS GROUP INC COM 02376R102 2251 59300 SH SOLE 59300 0 0 AMERICAN EQTY INVT LIFE HLD CO COM COM 025676206 39002 1083400 SH SOLE 1083400 0 0 AMERICAN EXPRESS CO COM 025816109 1666 17000 SH SOLE 17000 0 0 AMERIPRISE FINL INC COM 03076C106 2658 19000 SH SOLE 19000 0 0 AMGEN INC COM 031162100 5778 31300 SH SOLE 31300 0 0 AMN HEALTHCARE SERVICES INC COM 001744101 3838 65500 SH SOLE 65500 0 0 ANTHEM INC COM 036752103 3832 16100 SH SOLE 16100 0 0 APPLE INC COM 037833100 3517 19001 SH SOLE 19001 0 0 APPLIED MATLS INC COM 038222105 2899 62770 SH SOLE 62770 0 0 ARCBEST CORP COM 03937C105 3583 78400 SH SOLE 78400 0 0 ASGN INC COM 00191U102 41804 534640 SH SOLE 534640 0 0 AT&T INC COM 00206R102 4992 155460 SH SOLE 155460 0 0 ATMOS ENERGY CORP COM 049560105 51297 569086 SH SOLE 569086 0 0 AUTOZONE INC COM 053332102 2751 4100 SH SOLE 4100 0 0 AVANGRID INC COM 05351W103 1228 23200 SH SOLE 23200 0 0 AVISTA CORP COM 05379B107 3558 67572 SH SOLE 67572 0 0 BANC OF CALIFORNIA INC COM 05990K106 7038 360000 SH SOLE 360000 0 0 BANK AMER CORP COM 060505104 2368 84000 SH SOLE 84000 0 0 BANK N S HALIFAX COM 064149107 5007 87500 SH SOLE 87500 0 0 BANKUNITED INC COM 06652K103 6945 170000 SH SOLE 170000 0 0 BANNER CORP COM NEW 06652V208 4510 75000 SH SOLE 75000 0 0 BENEFICIAL BANCORP INC COM 08171T102 4293 265000 SH SOLE 265000 0 0 BERKSHIRE HATHAWAY INC - CL A CL A 084670108 5359 19 SH SOLE 19 0 0 BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 2333 12500 SH SOLE 12500 0 0 BEST BUY INC COM 086516101 7070 94800 SH SOLE 94800 0 0 BLACK HILLS CORP COM 092113109 9276 151547 SH SOLE 151547 0 0 BLUELINX HLDGS INC COM NEW 09624H208 3475 92600 SH SOLE 92600 0 0 BOFI HLDG INC COM 05566U108 3886 95000 SH SOLE 95000 0 0 BOISE CASCADE CO DEL COM 09739D100 41799 935100 SH SOLE 935100 0 0 BOOT BARN HLDGS INC COM 099406100 4553 219400 SH SOLE 219400 0 0 BP PLC SPONSORED ADR 055622104 6210 136000 SH SOLE 136000 0 0 BRINKS CO COM 109696104 31331 392865 SH SOLE 392865 0 0 BRISTOL MYERS SQUIBB CO COM 110122108 5147 93000 SH SOLE 93000 0 0 BROOKLINE BANCORP INC DEL COM 11373M107 9858 530000 SH SOLE 530000 0 0 BUILDERS FIRSTSOURCE INC COM 12008R107 32234 1762400 SH SOLE 1762400 0 0 BURLINGTON STORES INC COM 122017106 4636 30800 SH SOLE 30800 0 0 CALLAWAY GOLF CO COM 131193104 4524 238500 SH SOLE 238500 0 0 CAMPBELL SOUP CO COM 134429109 2599 64100 SH SOLE 64100 0 0 CANADIAN NAT RES LTD COM 136385101 6150 170500 SH SOLE 170500 0 0 CAPITAL ONE FINL CORP COM 14040H105 2206 24000 SH SOLE 24000 0 0 CAPSTAR FINL HLDGS INC COM 14070T102 2965 160000 SH SOLE 160000 0 0 CARLYLE GROUP L P COM UTS LTD PTN 14309L102 3451 162000 SH SOLE 162000 0 0 CARNIVAL CORP UNIT 99/99/9999 143658300 4659 81300 SH SOLE 81300 0 0 CBIZ INC COM 124805102 4773 207500 SH SOLE 207500 0 0 CBS CORP NEW CL B 124857202 3137 55800 SH SOLE 55800 0 0 CENTENE CORP DEL COM 15135B101 8132 66000 SH SOLE 66000 0 0 CENTERPOINT ENERGY INC COM 15189T107 17813 642828 SH SOLE 642828 0 0 CHENIERE ENERGY INC COM NEW 16411R208 49278 755917 SH SOLE 755917 0 0 CHESAPEAKE UTILS CORP COM 165303108 5729 71658 SH SOLE 71658 0 0 CHEVRON CORP NEW COM 166764100 11866 93855 SH SOLE 93855 0 0 CHILDRENS PLACE INC/THE COM 168905107 3117 25800 SH SOLE 25800 0 0 CISCO SYS INC COM 17275R102 12793 297304 SH SOLE 297304 0 0 CITIGROUP INC COM NEW 172967424 2275 34000 SH SOLE 34000 0 0 CITIZENS FINL GROUP INC COM 174610105 1362 35000 SH SOLE 35000 0 0 CMS ENERGY CORP COM 125896100 23073 487998 SH SOLE 487998 0 0 CNH INDL N V SHS N20944109 2780 264000 SH SOLE 264000 0 0 COCA COLA CO COM 191216100 10651 242850 SH SOLE 242850 0 0 COLUMBIA FINL INC COM 197641103 5793 350000 SH SOLE 350000 0 0 COMTECH TELECOMMUNICATIONS CP COM NEW COM NEW 205826209 5078 159300 SH SOLE 159300 0 0 CONAGRA BRANDS INC COM 205887102 2973 83200 SH SOLE 83200 0 0 CONNECTONE BANCORP INC NEW COM 20786W107 7097 285000 SH SOLE 285000 0 0 CONSOLIDATED EDISON INC COM 209115104 25884 331936 SH SOLE 331936 0 0 CONSTELLIUM NV CL A N22035104 3145 305300 SH SOLE 305300 0 0 CORNING NAT GAS HLDG CORP COM 219387107 300 17099 SH SOLE 17099 0 0 CROCS INC COM 227046109 4876 276900 SH SOLE 276900 0 0 CSX CORP COM 126408103 3559 55800 SH SOLE 55800 0 0 CVR ENERGY INC COM 12662P108 40767 1102100 SH SOLE 1102100 0 0 CVR REFNG LP COMUNIT REP LT 12663P107 3527 157800 SH SOLE 157800 0 0 CVS HEALTH CORP COM 126650100 7497 116500 SH SOLE 116500 0 0 DANA INC COM 235825205 19986 989900 SH SOLE 989900 0 0 DARDEN RESTAURANTS INC COM 237194105 3372 31500 SH SOLE 31500 0 0 DEERE & CO COM 244199105 2600 18600 SH SOLE 18600 0 0 DELTA AIR LINES INC DEL COM NEW 247361702 2824 57000 SH SOLE 57000 0 0 DIME CMNTY BANCSHARES COM 253922108 4680 240000 SH SOLE 240000 0 0 DISNEY WALT CO COM DISNEY 254687106 3008 28700 SH SOLE 28700 0 0 DOMINION ENERGY INC COM 25746U109 51019 748296 SH SOLE 748296 0 0 DTE ENERGY CO COM 233331107 23866 230304 SH SOLE 230304 0 0 DUKE ENERGY CORP NEW COM 26441C204 25684 324787 SH SOLE 324787 0 0 E TRADE FINANCIAL CORP COM NEW 269246401 1284 21000 SH SOLE 21000 0 0 EAGLE BANCORP INC MD COM 268948106 8582 140000 SH SOLE 140000 0 0 EASTMAN CHEM CO COM 277432100 3039 30400 SH SOLE 30400 0 0 EMERSON ELEC CO COM 291011104 5573 80600 SH SOLE 80600 0 0 ENBRIDGE INC COM 29250N105 56346 1578765 SH SOLE 1578765 0 0 ENCORE CAP GROUP INC COM 292554102 23446 640600 SH SOLE 640600 0 0 ENOVA INTL INC COM 29357K103 6093 166700 SH SOLE 166700 0 0 ENTERGY CORP NEW COM 29364G103 772 9560 SH SOLE 9560 0 0 EQT CORP COM 26884L109 7984 144682 SH SOLE 144682 0 0 EQUINOR ASA SPONSORED ADR 29446M102 6558 248300 SH SOLE 248300 0 0 EVERSOURCE ENERGY COM 30040W108 10261 175075 SH SOLE 175075 0 0 EXELON CORP COM 30161N101 12083 283631 SH SOLE 283631 0 0 EXPRESS SCRIPTS HLDG CO COM 30219G108 3142 40700 SH SOLE 40700 0 0 EXXON MOBIL CORP COM 30231G102 11161 134910 SH SOLE 134910 0 0 EZCORP INC CL A NON VTG 302301106 3401 282200 SH SOLE 282200 0 0 FCB FINL HLDGS INC CL A 30255G103 7820 133000 SH SOLE 133000 0 0 FEDEX CORP COM 31428X106 2816 12400 SH SOLE 12400 0 0 FIFTH THIRD BANCORP COM 316773100 1033 36000 SH SOLE 36000 0 0 FIRST BANCORP P R COM NEW 318672706 4399 575000 SH SOLE 575000 0 0 FIRST CONN BANCORP INC MD COM 319850103 5049 165000 SH SOLE 165000 0 0 FLUSHING FINL CORP COM 343873105 3654 140000 SH SOLE 140000 0 0 FORD MTR CO DEL COM PAR $0.01 345370860 5874 530645 SH SOLE 530645 0 0 FORTIS INC COM 349553107 12362 387776 SH SOLE 387776 0 0 FREEPORT-MCMORAN INC CL B 35671D857 2917 169000 SH SOLE 169000 0 0 GAP INC DEL COM 364760108 3061 94500 SH SOLE 94500 0 0 GENERAL ELECTRIC CO COM 369604103 8653 635786 SH SOLE 635786 0 0 GENERAL MLS INC COM 370334104 6798 153600 SH SOLE 153600 0 0 GENERAL MTRS CO COM 37045V100 8195 208000 SH SOLE 208000 0 0 GILEAD SCIENCES INC COM 375558103 4923 69500 SH SOLE 69500 0 0 GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 6256 155200 SH SOLE 155200 0 0 GLOBAL PMTS INC COM 37940X102 2230 20000 SH SOLE 20000 0 0 GOLDMAN SACHS GROUP INC COM 38141G104 1985 9000 SH SOLE 9000 0 0 GREEN BANCORP INC COM 39260X100 4428 205000 SH SOLE 205000 0 0 GUARANTY BANCSHARES INC TEX COM 400764106 247 7500 SH SOLE 7500 0 0 HARBORONE BANCORP INC COM 41165F101 5398 285000 SH SOLE 285000 0 0 HCA HEALTHCARE INC COM 40412C101 3099 30200 SH SOLE 30200 0 0 HINGHAM INSTN SVGS MASS COM 433323102 9996 45500 SH SOLE 45500 0 0 HOLLYFRONTIER CORP COM 436106108 54128 791000 SH SOLE 791000 0 0 HOPE BANCORP INC COM 43940T109 1426 80000 SH SOLE 80000 0 0 HP INC COM 40434L105 8963 395000 SH SOLE 395000 0 0 HSBC HLDGS PLC SPON ADR NEW 404280406 5091 108000 SH SOLE 108000 0 0 HUNTSMAN CORP COM 447011107 31816 1089600 SH SOLE 1089600 0 0 IBERIABANK CORP COM 450828108 5496 72500 SH SOLE 72500 0 0 INDEPENDENT BANK CORP MASS COM 453836108 3920 50000 SH SOLE 50000 0 0 INSPERITY INC COM 45778Q107 5439 57100 SH SOLE 57100 0 0 INTEL CORP COM 458140100 12077 242950 SH SOLE 242950 0 0 INTERNATIONAL BUSINESS MACHS COM COM 459200101 12803 91646 SH SOLE 91646 0 0 JOHNSON & JOHNSON COM 478160104 5108 42100 SH SOLE 42100 0 0 JOHNSON CTLS INTL PLC SHS G51502105 4977 148800 SH SOLE 148800 0 0 JPMORGAN CHASE & CO. COM 46625H100 2292 22000 SH SOLE 22000 0 0 KB HOME COM 48666K109 32996 1211300 SH SOLE 1211300 0 0 KEARNY FINL CORP MD COM 48716P108 6927 515000 SH SOLE 515000 0 0 KEMPER CORP DEL COM 488401100 35994 475800 SH SOLE 475800 0 0 KIMBERLY CLARK CORP COM 494368103 2749 26100 SH SOLE 26100 0 0 KINDER MORGAN INC DEL COM 49456B101 50874 2879101 SH SOLE 2879101 0 0 KOHLS CORP COM 500255104 7822 107300 SH SOLE 107300 0 0 KORN FERRY INTL COM NEW 500643200 46163 745400 SH SOLE 745400 0 0 KRAFT HEINZ CO COM 500754106 4668 74300 SH SOLE 74300 0 0 KROGER CO COM 501044101 3104 109100 SH SOLE 109100 0 0 L BRANDS INC COM 501797104 2250 61000 SH SOLE 61000 0 0 LAM RESEARCH CORP COM 512807108 2973 17200 SH SOLE 17200 0 0 LAS VEGAS SANDS CORP COM 517834107 5735 75100 SH SOLE 75100 0 0 LEAR CORP COM NEW 521865204 3605 19400 SH SOLE 19400 0 0 LEGACY RESVS LP UNIT LP INT 524707304 4477 648900 SH SOLE 648900 0 0 LGI HOMES INC COM 50187T106 28351 491100 SH SOLE 491100 0 0 LILLY ELI & CO COM 532457108 6101 71500 SH SOLE 71500 0 0 LIVE NATION ENTERTAINMENT INC COM COM 538034109 3822 78700 SH SOLE 78700 0 0 LPL FINL HLDGS INC COM 50212V100 3860 58900 SH SOLE 58900 0 0 MANITOWOC CO INC COM 563571405 19804 765800 SH SOLE 765800 0 0 MANTECH INTL CORP CL A 564563104 3728 69500 SH SOLE 69500 0 0 MANULIFE FINL CORP COM 56501R106 4927 274200 SH SOLE 274200 0 0 MARATHON PETE CORP COM 56585A102 9836 140200 SH SOLE 140200 0 0 MASTEC INC COM 576323109 3730 73500 SH SOLE 73500 0 0 MASTERCARD INCORPORATED CL A 57636Q104 2821 14355 SH SOLE 14355 0 0 MDU RES GROUP INC COM 552690109 13749 479407 SH SOLE 479407 0 0 MERCK & CO INC COM 58933Y105 9621 158500 SH SOLE 158500 0 0 MERIDIAN BANCORP INC MD COM 58958U103 8522 445000 SH SOLE 445000 0 0 MERITOR INC COM 59001K100 24503 1191200 SH SOLE 1191200 0 0 MGE ENERGY INC COM 55277P104 2347 37229 SH SOLE 37229 0 0 MICRON TECHNOLOGY INC COM 595112103 3692 70400 SH SOLE 70400 0 0 MIDLAND STS BANCORP INC ILL COM 597742105 4283 125000 SH SOLE 125000 0 0 MOODYS CORP COM 615369105 2558 15000 SH SOLE 15000 0 0 MORGAN STANLEY COM 617446448 2133 45000 SH SOLE 45000 0 0 MSCI INC COM 55354G100 1654 10000 SH SOLE 10000 0 0 NATIONAL FUEL GAS CO N J COM 636180101 16308 307924 SH SOLE 307924 0 0 NATIONAL GRID PLC SPON ADR NEW 636274409 51094 914844 SH SOLE 914844 0 0 NEW JERSEY RES COM 646025106 13990 312634 SH SOLE 312634 0 0 NISOURCE INC COM 65473P105 32135 1222781 SH SOLE 1222781 0 0 NOMAD FOODS LTD USD ORD SHS G6564A105 4239 220900 SH SOLE 220900 0 0 NORTHWEST NAT GAS CO COM 667655104 10323 161803 SH SOLE 161803 0 0 NORTHWESTERN CORP COM NEW 668074305 3286 57398 SH SOLE 57398 0 0 NRG ENERGY INC COM 629377508 33828 1101900 SH SOLE 1101900 0 0 NUCOR CORP COM 670346105 2925 46800 SH SOLE 46800 0 0 OCCIDENTAL PETE CORP DEL COM 674599105 6499 77660 SH SOLE 77660 0 0 OCEANFIRST FINL CORP COM 675234108 9887 330000 SH SOLE 330000 0 0 OMNICOM GROUP INC COM 681919106 2875 37700 SH SOLE 37700 0 0 ONE GAS INC COM 68235P108 21650 289675 SH SOLE 289675 0 0 OPUS BK IRVINE CALIF COM 684000102 8036 280000 SH SOLE 280000 0 0 PACCAR INC COM 693718108 2695 43500 SH SOLE 43500 0 0 PACWEST BANCORP DEL COM 695263103 4349 88000 SH SOLE 88000 0 0 PAYPAL HLDGS INC COM 70450Y103 2790 33500 SH SOLE 33500 0 0 PBF ENERGY INC CL A 69318G106 3216 76700 SH SOLE 76700 0 0 PENN NATL GAMING INC COM 707569109 43133 1284100 SH SOLE 1284100 0 0 PENNYMAC FINL SVCS INC CL A 70932B101 2987 152000 SH SOLE 152000 0 0 PEPSICO INC COM 713448108 5269 48400 SH SOLE 48400 0 0 PFIZER INC COM 717081103 11432 315102 SH SOLE 315102 0 0 PG&E CORP COM 69331C108 31173 732449 SH SOLE 732449 0 0 PHILIP MORRIS INTL INC COM 718172109 4384 54300 SH SOLE 54300 0 0 PHILLIPS 66 COM 718546104 6379 56800 SH SOLE 56800 0 0 PINNACLE ENTMT INC NEW COM 72348Y105 38773 1149500 SH SOLE 1149500 0 0 PLAINS GP HLDGS L P LTP PARTNR INT A 72651A207 11889 497255 SH SOLE 497255 0 0 PNC FINL SVCS GROUP INC COM 693475105 1959 14500 SH SOLE 14500 0 0 PPL CORP COM 69351T106 10575 370419 SH SOLE 370419 0 0 PROCTER AND GAMBLE CO COM 742718109 10249 131300 SH SOLE 131300 0 0 PROGRESSIVE CORP OHIO COM 743315103 3857 65200 SH SOLE 65200 0 0 PROVIDENCE SVC CORP COM 743815102 4595 58500 SH SOLE 58500 0 0 PROVIDENT FINL SVCS INC COM 74386T105 2684 97500 SH SOLE 97500 0 0 PUBLIC SVC ENTERPRISE GROUP COM 744573106 26393 487490 SH SOLE 487490 0 0 PULTE GROUP INC COM 745867101 28718 998900 SH SOLE 998900 0 0 REGIS CORP MINN COM 758932107 3748 226600 SH SOLE 226600 0 0 RGC RES INC COM 74955L103 1373 47049 SH SOLE 47049 0 0 ROYAL BK CDA MONTREAL QUE COM 780087102 5113 67900 SH SOLE 67900 0 0 ROYAL DUTCH SHELL PLC SPON ADR B 780259107 5877 80900 SH SOLE 80900 0 0 RUSH ENTERPRISES INC CL A 781846209 26870 619400 SH SOLE 619400 0 0 SANDERSON FARMS INC COM 800013104 21293 202500 SH SOLE 202500 0 0 SCANA CORP NEW COM 80589M102 5314 137966 SH SOLE 137966 0 0 SCHLUMBERGER LTD COM 806857108 5302 79100 SH SOLE 79100 0 0 SCHNITZER STL INDS CL A 806882106 3582 106300 SH SOLE 106300 0 0 SCHWAB CHARLES CORP NEW COM 808513105 2300 45000 SH SOLE 45000 0 0 SCIENTIFIC GAMES CORP COM 80874P109 31451 639900 SH SOLE 639900 0 0 SEMPRA ENERGY COM 816851109 50896 438340 SH SOLE 438340 0 0 SITEONE LANDSCAPE SUPPLY INC COM COM 82982L103 41523 494500 SH SOLE 494500 0 0 SMART GLOBAL HLDGS INC SHS G8232Y101 3101 97312 SH SOLE 97312 0 0 SOUTH JERSEY INDS INC COM 838518108 12005 358671 SH SOLE 358671 0 0 SOUTHERN CO COM 842587107 50950 1100200 SH SOLE 1100200 0 0 SOUTHWEST AIRLS CO COM 844741108 2661 52300 SH SOLE 52300 0 0 SOUTHWEST GAS HOLDINGS INC COM 844895102 17871 234317 SH SOLE 234317 0 0 SPIRE INC COM 84857L101 16708 236491 SH SOLE 236491 0 0 SPROUTS FMRS MKT INC COM 85208M102 3147 142600 SH SOLE 142600 0 0 SPX FLOW INC COM 78469X107 3440 78600 SH SOLE 78600 0 0 SQUARE INC CL A 852234103 740 12000 SH SOLE 12000 0 0 STARBUCKS CORP COM 855244109 2617 53570 SH SOLE 53570 0 0 STATE STR CORP COM 857477103 1396 15000 SH SOLE 15000 0 0 STEEL DYNAMICS INC COM 858119100 3051 66400 SH SOLE 66400 0 0 STERLING BANCORP DEL COM 85917A100 4700 200000 SH SOLE 200000 0 0 SUNCOR ENERGY INC NEW COM 867224107 6533 160600 SH SOLE 160600 0 0 SUNTRUST BKS INC COM 867914103 1518 23000 SH SOLE 23000 0 0 TAILORED BRANDS INC COM 87403A107 3014 118100 SH SOLE 118100 0 0 TARGET CORP COM 87612E106 9035 118700 SH SOLE 118700 0 0 TELLURIAN INC NEW COM 87968A104 7702 925690 SH SOLE 925690 0 0 THOMSON REUTERS CORP COM 884903105 5419 134400 SH SOLE 134400 0 0 THOR INDS INC COM 885160101 23251 238740 SH SOLE 238740 0 0 TORONTO DOMINION BK ONT COM NEW 891160509 5537 95700 SH SOLE 95700 0 0 TOTAL S A SPONSORED ADR 89151E109 6074 100300 SH SOLE 100300 0 0 TOTAL SYS SVCS INC COM 891906109 2113 25000 SH SOLE 25000 0 0 TRANSCANADA CORP COM 89353D107 51315 1187853 SH SOLE 1187853 0 0 TRINET GROUP INC COM 896288107 42156 753600 SH SOLE 753600 0 0 TURTLE BEACH CORP COM NEW 900450206 3515 173000 SH SOLE 173000 0 0 TYSON FOODS INC CL A 902494103 2740 39800 SH SOLE 39800 0 0 UGI CORP NEW COM 902681105 13213 253752 SH SOLE 253752 0 0 UNILEVER PLC SPON ADR NEW 904767704 5699 103100 SH SOLE 103100 0 0 UNION BANKSHARES CORP NEW COM 90539J109 8359 215000 SH SOLE 215000 0 0 UNION PAC CORP COM 907818108 3273 23098 SH SOLE 23098 0 0 UNITED CONTL HLDGS INC COM 910047109 3228 46300 SH SOLE 46300 0 0 UNITED FINL BANCORP INC NEW COM 910304104 4292 245000 SH SOLE 245000 0 0 UNITED PARCEL SERVICE INC CL B 911312106 4855 45700 SH SOLE 45700 0 0 UNITEDHEALTH GROUP INC COM 91324P102 4048 16500 SH SOLE 16500 0 0 UNITIL CORP COM 913259107 2644 51798 SH SOLE 51798 0 0 US BANCORP DEL COM NEW 902973304 950 19000 SH SOLE 19000 0 0 VECTREN CORP COM 92240G101 18622 260628 SH SOLE 260628 0 0 VERIZON COMMUNICATIONS INC COM 92343V104 14112 280508 SH SOLE 280508 0 0 VERSO CORP CL A 92531L207 4624 212500 SH SOLE 212500 0 0 VISA INC COM CL A 92826C839 2781 21000 SH SOLE 21000 0 0 VISTEON CORP COM NEW 92839U206 31638 244800 SH SOLE 244800 0 0 WALGREENS BOOTS ALLIANCE INC COM COM 931427108 2605 43400 SH SOLE 43400 0 0 WALMART INC COM 931142103 2552 29800 SH SOLE 29800 0 0 WARRIOR MET COAL INC COM 93627C101 3394 123100 SH SOLE 123100 0 0 WASHINGTON FED INC COM 938824109 5723 175000 SH SOLE 175000 0 0 WASTE MGMT INC DEL COM 94106L109 2993 36800 SH SOLE 36800 0 0 WEC ENERGY GROUP INC COM 92939U106 37480 579740 SH SOLE 579740 0 0 WELLS FARGO CO NEW COM 949746101 887 16000 SH SOLE 16000 0 0 WESTERN ALLIANCE BANCORP COM 957638109 425 7500 SH SOLE 7500 0 0 WGL HLDGS INC COM 92924F106 18890 212842 SH SOLE 212842 0 0 WINNEBAGO INDS INC COM 974637100 26118 643300 SH SOLE 643300 0 0 WINTRUST FINL CORP COM 97650W108 3700 42500 SH SOLE 42500 0 0 WYNDHAM DESTINATIONS INC COM 98310W108 1129 25500 SH SOLE 25500 0 0 WYNDHAM HOTELS & RESORTS INC COM COM 98311A105 1483 25200 SH SOLE 25200 0 0 XCEL ENERGY INC COM 98389B100 15367 336399 SH SOLE 336399 0 0 XPO LOGISTICS INC COM 983793100 46023 459400 SH SOLE 459400 0 0 ZILLOW GROUP INC CL A 98954M101 2689 45000 SH SOLE 45000 0 0 ZIONS BANCORPORATION COM 989701107 1370 26000 SH SOLE 26000 0 0