Athena Investment Management

Q3 2025 13F-HR Holdings

Location
Orinda, CA
Holdings as of
9/30/2025
Date filed
11/13/2025
Form type
13F-HR
Num holdings
155
Total value ($000)
$191,953
Net value change ($000)
+13,065 (7.3%)
New positions
4
Sold out positions
4
Turnover %
1.0%
Sector allocation + QoQ delta (equities-only)
Prev filing: 8/12/2025 Next filing: 2/12/2026 SEC filing

Snapshot: Change Analysis

Compared to Q2 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
SCHX 2,169 6.7%
AAPL 746 20.1%
VV 738 57.0%
ABBV 519 24.6%
JPM 491 6.8%
INTC 478 44.1%
VXUS 427 NEW
SCHWAB STRATEGIC TRUST 416 5.0%
AVGO 413 25.2%
UnitedHealth Group Inc. 412 10.7%
Top Reduces (Value $000, Stocks/ETFs)
IFF -272 -100.0%
ACN -212 -100.0%
COST -208 -100.0%
WY -201 -100.0%
WMT -174 -20.1%
GS -161 -22.5%
CARR -90 -18.4%
TXN -87 -11.5%
HON -84 -9.6%
KMPR -82 -20.1%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type