Alethea Capital Management, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Alethea Capital Management, LLC reported 30 stock positions worth $138.5 million. Its top holding was Axsome Therapeutics (AXSM) at 47.9% of the portfolio, followed by SS SPDR BB 1-3M T-Bill ETF (BIL, 21.5%) and Avidity Biosciences (RNAM, 14.2%). Compared with Q2 2024, it opened 19 new positions, sold out of 20, added to 1 and reduced 4. The biggest buy was Kura Oncology (KURA, shares +108%) and the biggest sale SS SPDR BB 1-3M T-Bill ETF (BIL, shares −10%).
- Most Recent 13F
- Q2 2026
- Location
- MERCER ISLAND, WA
- CIK
- 0001549408
- Portfolio Value
- $138.5M (Q3 2024)
- SEC Filing
- 0001549408-24-000005 ↗ filed Nov 14, 2024
Holdings Value
Holdings 30 stocks · $138.5M
| AXSM Axsome Therapeutics Inc. | 47.94% | 738,503 | $66.4M | Reduce -0.3% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 21.49% | 324,107 | $29.8M | Reduce -10.0% |
| RNAM Avidity Biosciences Inc. | 14.18% | 427,454 | $19.6M | Reduce -15.1% |
| KURA Kura Oncology Inc. | 7.81% | 553,542 | $10.8M | Add +108.2% |
| TLT iShares 20+ Year Treasury BD | 1.64% | 23,123 | $2.3M | No change |
| CDTX Cidara Therapeutics Inc. | 0.62% | 79,908 | $859K | No change |
| HAS Hasbro Inc. | 0.33% | 6,324 | $457K | New |
| WY Weyerhaeuser Co. | 0.32% | 13,191 | $447K | New |
| MCD McDonald's Corp. | 0.32% | 1,457 | $444K | Reduce -20.3% |
| EXC Exelon Corp. | 0.31% | 10,575 | $429K | New |
| JCI Johnson Controls Internation | 0.31% | 5,518 | $428K | New |
| OMC Omnicom Group | 0.31% | 4,120 | $426K | New |
| MDT Medtronic PLC | 0.31% | 4,714 | $424K | New |
| FAST Fastenal Co. | 0.30% | 5,854 | $418K | New |
| KR Kroger Co. | 0.30% | 7,284 | $417K | New |
| BAX Baxter International Inc. | 0.30% | 10,940 | $415K | New |
| CME Cme Group Inc. | 0.30% | 1,868 | $412K | New |
| IPG Interpublic Group of Cos Inc. | 0.29% | 12,847 | $406K | New |
| SNA Snap-on Inc. | 0.29% | 1,381 | $400K | New |
| DOW Dow Inc. | 0.27% | 6,934 | $379K | New |
| HRL Hormel Foods Corp. | 0.27% | 11,949 | $379K | New |
| GPC Genuine Parts Co. | 0.27% | 2,700 | $377K | New |
| SWK Stanley Black & Decker Inc. | 0.26% | 3,305 | $364K | New |
| HEDJ Wisdomtree Europe Hedged Equ | 0.26% | 8,020 | $360K | No change |
| LKQ LKQ Corp. | 0.25% | 8,785 | $351K | New |
| MKC McCormick & Co.-Non VTG SHRS | 0.25% | 4,220 | $347K | New |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.25% | 3,462 | $345K | New |
| ASSERTIO HOLDINGS INC | 0.11% | 128,448 | $152K | No change |
| XEVMX Eaton Vance Cal Muni Bond | 0.07% | 10,658 | $103K | No change |
| LPRO Open Lending Corp. | 0.05% | 12,000 | $73K | No change |
Portfolio Sells Q2 2024 → Q3 2024
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -10.0% | 21.49% | −3.58 |
| RNAM Avidity Biosciences Inc. | Reduce -15.1% | 14.18% | −1.43 |
| SYF Synchrony Financial | Sold out | 0.00% | −0.44 |
| AMGN Amgen Inc. | Sold out | 0.00% | −0.42 |
| EXR Extra Space Storage Inc. | Sold out | 0.00% | −0.41 |
| BNY Bank of New York Mellon Corp. | Sold out | 0.00% | −0.41 |
| LUV Southwest Airlines Co. | Sold out | 0.00% | −0.38 |
| BLK BlackRock Finance Inc. | Sold out | 0.00% | −0.37 |
| ABBV Abbvie Inc. | Sold out | 0.00% | −0.37 |
| MDLZ Mondelez International Inc. Class A | Sold out | 0.00% | −0.36 |
| DRI Darden Restaurants Inc. | Sold out | 0.00% | −0.35 |
| VTRS Viatris Inc. | Sold out | 0.00% | −0.35 |
| SYY Sysco Corp. | Sold out | 0.00% | −0.34 |
| PLD Prologis Inc. | Sold out | 0.00% | −0.34 |
| SJM The JM Smucker Co. | Sold out | 0.00% | −0.34 |
| AMT American Tower Corp. | Sold out | 0.00% | −0.33 |
| CHRW C.H. Robinson Worldwide Inc. | Sold out | 0.00% | −0.31 |
| HD Home Depot Inc. | Sold out | 0.00% | −0.30 |
| FITB Fifth Third Bancorp | Sold out | 0.00% | −0.29 |
| STX Seagate Technology Holdings | Sold out | 0.00% | −0.21 |
| CLX Clorox Company | Sold out | 0.00% | −0.19 |
| CVS CVS Health Corp. | Sold out | 0.00% | −0.18 |
| MCD McDonald's Corp. | Reduce -20.3% | 0.32% | −0.03 |
| AXSM Axsome Therapeutics Inc. | Reduce -0.3% | 47.94% | +2.68 |
Portfolio Buys Q2 2024 → Q3 2024
| KURA Kura Oncology Inc. | Add +108.2% | 7.81% | +3.66 |
| HAS Hasbro Inc. | New | 0.33% | +0.33 |
| WY Weyerhaeuser Co. | New | 0.32% | +0.32 |
| EXC Exelon Corp. | New | 0.31% | +0.31 |
| JCI Johnson Controls Internation | New | 0.31% | +0.31 |
| OMC Omnicom Group | New | 0.31% | +0.31 |
| MDT Medtronic PLC | New | 0.31% | +0.31 |
| FAST Fastenal Co. | New | 0.30% | +0.30 |
| KR Kroger Co. | New | 0.30% | +0.30 |
| BAX Baxter International Inc. | New | 0.30% | +0.30 |
| CME Cme Group Inc. | New | 0.30% | +0.30 |
| IPG Interpublic Group of Cos Inc. | New | 0.29% | +0.29 |
| SNA Snap-on Inc. | New | 0.29% | +0.29 |
| DOW Dow Inc. | New | 0.27% | +0.27 |
| HRL Hormel Foods Corp. | New | 0.27% | +0.27 |
| GPC Genuine Parts Co. | New | 0.27% | +0.27 |
| SWK Stanley Black & Decker Inc. | New | 0.26% | +0.26 |
| LKQ LKQ Corp. | New | 0.25% | +0.25 |
| MKC McCormick & Co.-Non VTG SHRS | New | 0.25% | +0.25 |
| EL Estee Lauder Companies Class A | New | 0.25% | +0.25 |
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 |