Alethea Capital Management, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 16, 2024), Alethea Capital Management, LLC reported 32 stock positions worth $123.1 million. Its top holding was Axsome Therapeutics (AXSM) at 48.0% of the portfolio, followed by SS SPDR BB 1-3M T-Bill ETF (BIL, 17.9%) and Avidity Biosciences (RNAM, 15.8%). Compared with Q4 2023, it opened 19 new positions, sold out of 22, added to 4 and reduced 6. The biggest buy was a new position in SS SPDR BB 1-3M T-Bill ETF (BIL) and the biggest sale Axsome Therapeutics (AXSM, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- MERCER ISLAND, WA
- CIK
- 0001549408
- Portfolio Value
- $123.1M (Q1 2024)
- SEC Filing
- 0001549408-24-000003 ↗ filed May 16, 2024
Holdings Value
Holdings 32 stocks · $123.1M
| AXSM Axsome Therapeutics Inc. | 48.02% | 740,791 | $59.1M | Reduce -1.5% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 17.94% | 240,557 | $22.1M | New |
| RNAM Avidity Biosciences Inc. | 15.77% | 760,697 | $19.4M | Reduce -11.0% |
| KURA Kura Oncology Inc. | 4.50% | 259,606 | $5.5M | Reduce -25.9% |
| TLT iShares 20+ Year Treasury BD | 1.78% | 23,123 | $2.2M | Reduce -0.7% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 1.69% | 7,979 | $2.1M | Add +4.6% |
| CIDARA THERAPEUTICS INC COM NEW | 1.19% | 1,598,492 | $1.5M | Reduce -1.8% |
| RSPU Invesco S&P 500 Equal Weight | 0.52% | 11,396 | $645K | New |
| FANG Diamondback Energy Inc. | 0.49% | 3,019 | $598K | New |
| ALL Allstate Corp. | 0.47% | 3,339 | $578K | New |
| PKG Packaging Corp. of America | 0.45% | 2,900 | $550K | New |
| XOM Exxon Mobil Corp. | 0.44% | 4,638 | $539K | Add +78.4% |
| WMB Williams Cos Inc. | 0.43% | 13,539 | $528K | New |
| PG The Procter & Gamble Co. | 0.42% | 3,219 | $522K | Add +61.0% |
| PEG Public Service Enterprise GP | 0.42% | 7,742 | $517K | New |
| CTRA Coterra Energy Inc. | 0.42% | 18,442 | $514K | New |
| KMB Kimberly-Clark Corp. | 0.41% | 3,906 | $505K | Add +66.2% |
| MO Altria Group Inc. | 0.41% | 11,487 | $501K | New |
| PAYX Paychex Inc. | 0.40% | 4,057 | $498K | New |
| WELL Welltower Inc. | 0.40% | 5,296 | $495K | New |
| EXC Exelon Corp. | 0.40% | 13,126 | $493K | New |
| T AT&T Inc. | 0.40% | 27,662 | $487K | New |
| BG Bunge Global SA | 0.39% | 4,705 | $482K | New |
| CSCO Cisco Systems Inc. | 0.38% | 9,416 | $470K | New |
| SBUX Starbucks Corp. | 0.38% | 5,059 | $462K | New |
| AMGN Amgen Inc. | 0.37% | 1,591 | $452K | New |
| PFE Pfizer Inc. | 0.36% | 15,874 | $441K | New |
| HEDJ Wisdomtree Europe Hedged Equ | 0.31% | 8,020 | $387K | No change |
| AEE Ameren Corporation | 0.21% | 3,496 | $259K | New |
| ASSERTIO HOLDINGS INC | 0.10% | 128,448 | $123K | Reduce -4.0% |
| XEVMX Eaton Vance Cal Muni Bond | 0.08% | 10,658 | $101K | No change |
| LPRO Open Lending Corp. | 0.06% | 12,000 | $75K | No change |
Portfolio Sells Q4 2023 → Q1 2024
| AXSM Axsome Therapeutics Inc. | Reduce -1.5% | 48.02% | −21.04 |
| KURA Kura Oncology Inc. | Reduce -25.9% | 4.50% | −1.32 |
| TLT iShares 20+ Year Treasury BD | Reduce -0.7% | 1.78% | −0.88 |
| HON Honeywell International Inc. | Sold out | 0.00% | −0.45 |
| BAC Bank of America Corp. | Sold out | 0.00% | −0.41 |
| AAPL Apple Inc. | Sold out | 0.00% | −0.41 |
| GOOG Alphabet Inc. Class C | Sold out | 0.00% | −0.41 |
| INTC Intel Corp. | Sold out | 0.00% | −0.41 |
| WM Waste Management Inc. | Sold out | 0.00% | −0.40 |
| MSFT Microsoft Corp. | Sold out | 0.00% | −0.40 |
| ITW Illinois Tool Works | Sold out | 0.00% | −0.40 |
| HD Home Depot Inc. | Sold out | 0.00% | −0.40 |
| BLK BlackRock Finance Inc. | Sold out | 0.00% | −0.40 |
| JPM JPMorgan Chase & Co. | Sold out | 0.00% | −0.39 |
| ETN Eaton Corp. PLC | Sold out | 0.00% | −0.38 |
| KO The Coca-Cola Co. | Sold out | 0.00% | −0.36 |
| CMI Cummins Inc. | Sold out | 0.00% | −0.36 |
| PEP Pepsico Inc. | Sold out | 0.00% | −0.35 |
| BRK.B Berkshire Hathaway Inc. Class B | Sold out | 0.00% | −0.35 |
| DUK Duke Energy Corp. | Sold out | 0.00% | −0.34 |
| DOW Dow Inc. | Sold out | 0.00% | −0.34 |
| MDT Medtronic PLC | Sold out | 0.00% | −0.33 |
| MRK Merck & Co. Inc. | Sold out | 0.00% | −0.31 |
| CVS CVS Health Corp. | Sold out | 0.00% | −0.30 |
| CIDARA THERAPEUTICS INC COM NEW | Reduce -1.8% | 1.19% | −0.30 |
| QCOM Qualcomm Inc. | Sold out | 0.00% | −0.27 |
| ASSERTIO HOLDINGS INC | Reduce -4.0% | 0.10% | −0.07 |
| RNAM Avidity Biosciences Inc. | Reduce -11.0% | 15.77% | +6.84 |
Portfolio Buys Q4 2023 → Q1 2024
| BIL SS SPDR BB 1-3M T-Bill ETF | New | 17.94% | +17.94 |
| RSPU Invesco S&P 500 Equal Weight | New | 0.52% | +0.52 |
| FANG Diamondback Energy Inc. | New | 0.49% | +0.49 |
| ALL Allstate Corp. | New | 0.47% | +0.47 |
| PKG Packaging Corp. of America | New | 0.45% | +0.45 |
| WMB Williams Cos Inc. | New | 0.43% | +0.43 |
| PEG Public Service Enterprise GP | New | 0.42% | +0.42 |
| CTRA Coterra Energy Inc. | New | 0.42% | +0.42 |
| MO Altria Group Inc. | New | 0.41% | +0.41 |
| PAYX Paychex Inc. | New | 0.40% | +0.40 |
| WELL Welltower Inc. | New | 0.40% | +0.40 |
| EXC Exelon Corp. | New | 0.40% | +0.40 |
| T AT&T Inc. | New | 0.40% | +0.40 |
| BG Bunge Global SA | New | 0.39% | +0.39 |
| CSCO Cisco Systems Inc. | New | 0.38% | +0.38 |
| SBUX Starbucks Corp. | New | 0.38% | +0.38 |
| AMGN Amgen Inc. | New | 0.37% | +0.37 |
| PFE Pfizer Inc. | New | 0.36% | +0.36 |
| AEE Ameren Corporation | New | 0.21% | +0.21 |
| XOM Exxon Mobil Corp. | Add +78.4% | 0.44% | +0.14 |
| PG The Procter & Gamble Co. | Add +61.0% | 0.42% | +0.09 |
| KMB Kimberly-Clark Corp. | Add +66.2% | 0.41% | +0.08 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Add +4.6% | 1.69% | −0.44 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 41 | $241.4M | AXSM, BIL, KURA, IMRX, TLT |
| Q1 2026 | 13 | $186.1M | AXSM, BIL, KURA, TLT, TEM |
| Q4 2025 | 13 | $205.9M | AXSM, RNAM, BIL, KURA, SPY |
| Q3 2025 | 33 | $155.4M | AXSM, BIL, RNAM, KURA, TLT |
| Q2 2025 | 31 | $132.1M | AXSM, BIL, RNAM, RSPU, KURA |
| Q1 2025 | 11 | $134.0M | AXSM, BIL, RNAM, SPY, KURA |
| Q4 2024 | 30 | $116.8M | AXSM, BIL, RNAM, KURA, TLT |
| Q3 2024 | 30 | $138.5M | AXSM, BIL, RNAM, KURA, TLT |
| Q2 2024 | 31 | $131.8M | AXSM, BIL, RNAM, KURA, TLT |
| Q1 2024 | 32 | $123.1M | AXSM, BIL, RNAM, KURA, TLT |