Hennessy Japan Small Cap Fund Buys Nishimoto Co, NS Solutions Corp, Benefit One Inc, Sells SOU Inc, Tonami Holdings Co, Hakudo Co

• New Purchases: 9260, 5981,
• Added Positions: 2327, 2412, 6287, 2385, 1954, 5857, 6615, 7820, 8078, 3038,
• Reduced Positions: 4819, 2371, 9070, 6183, 7637, 5288, 4733, 6951,
• Sold Out: 9270,

For the details of Hennessy Japan Small Cap Fund's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Hennessy+Japan+Small+Cap+Fund

1. OBIC Business Consultants Co Ltd (4733) - 68,400 shares, 2.46% of the total portfolio. Shares reduced by 6.56%
2. Mitsubishi Logisnext Co Ltd (7105) - 439,200 shares, 2.42% of the total portfolio. Shares added by 12.85%
3. Bellsystem24 Holdings Inc (6183) - 297,700 shares, 2.36% of the total portfolio. Shares reduced by 8.54%
4. Asahi Holdings Inc (5857) - 260,800 shares, 2.34% of the total portfolio. Shares added by 21.30%
5. Benefit One Inc (2412) - 177,200 shares, 2.28% of the total portfolio. Shares added by 43.95%

Hennessy Japan Small Cap Fund initiated holding in Nishimoto Co Ltd. The purchase prices were between $4585 and $5760, with an estimated average price of $5246.38. The stock is now traded at around $5280.00. The impact to a portfolio due to this purchase was 1.56%. The holding were 71,600 shares as of 2018-07-31.

Hennessy Japan Small Cap Fund initiated holding in Tokyo Rope Mfg Co Ltd. The purchase prices were between $1631 and $2349, with an estimated average price of $1917.12. The stock is now traded at around $1486.00. The impact to a portfolio due to this purchase was 0.53%. The holding were 74,000 shares as of 2018-07-31.

Hennessy Japan Small Cap Fund added to a holding in NS Solutions Corp by 84.95%. The purchase prices were between $2717 and $3125, with an estimated average price of $2971.98. The stock is now traded at around $3670.00. The impact to a portfolio due to this purchase was 1.01%. The holding were 185,500 shares as of 2018-07-31.

Hennessy Japan Small Cap Fund added to a holding in Benefit One Inc by 43.95%. The purchase prices were between $2677 and $3330, with an estimated average price of $3066.34. The stock is now traded at around $3710.00. The impact to a portfolio due to this purchase was 0.7%. The holding were 177,200 shares as of 2018-07-31.

Hennessy Japan Small Cap Fund added to a holding in Sato Holdings Corp by 25.85%. The purchase prices were between $2940 and $3340, with an estimated average price of $3138.32. The stock is now traded at around $3765.00. The impact to a portfolio due to this purchase was 0.43%. The holding were 159,700 shares as of 2018-07-31.

Hennessy Japan Small Cap Fund added to a holding in Soiken Holdings Inc by 74.30%. The purchase prices were between $634 and $836, with an estimated average price of $729.55. The stock is now traded at around $631.00. The impact to a portfolio due to this purchase was 0.42%. The holding were 348,600 shares as of 2018-07-31.

Hennessy Japan Small Cap Fund added to a holding in Asahi Holdings Inc by 21.30%. The purchase prices were between $1968 and $2238, with an estimated average price of $2059.82. The stock is now traded at around $2078.00. The impact to a portfolio due to this purchase was 0.41%. The holding were 260,800 shares as of 2018-07-31.

Hennessy Japan Small Cap Fund added to a holding in Nippon Koei Co Ltd by 23.53%. The purchase prices were between $2719 and $3325, with an estimated average price of $3034.86. The stock is now traded at around $3045.00. The impact to a portfolio due to this purchase was 0.41%. The holding were 173,800 shares as of 2018-07-31.

Hennessy Japan Small Cap Fund sold out a holding in SOU Inc. The sale prices were between $4900 and $6350, with an estimated average price of $5633.69.

Hennessy Japan Small Cap Fund reduced to a holding in Tonami Holdings Co Ltd by 27.16%. The sale prices were between $5890 and $8090, with an estimated average price of $6959.54. The stock is now traded at around $7250.00. The impact to a portfolio due to this sale was -0.39%. Hennessy Japan Small Cap Fund still held 36,200 shares as of 2018-07-31.

Hennessy Japan Small Cap Fund reduced to a holding in Hakudo Co Ltd by 27.03%. The sale prices were between $2100 and $2404, with an estimated average price of $2260.17. The stock is now traded at around $1983.00. The impact to a portfolio due to this sale was -0.2%. Hennessy Japan Small Cap Fund still held 56,700 shares as of 2018-07-31.