Alethea Capital Management
MERCER ISLAND, WAfiles as ALETHEA CAPITAL MANAGEMENT, LLC
$241m in 41 US stocks at the end of 30 June 2026. The top 10 are 92.5% of the money. It changed about 19.8% of the portfolio this quarter.
Value
$241m
Stocks
41
Top 10 share
92.5%
Turnover
19.8%
What changed this quarter
New
Bought for the first time this quarter.
- ViatrisVTRS0.5% of the fund
- Philip Morris InternationalPM0.5% of the fund
- Automatic Data ProcessingADP0.5% of the fund
- Williams CompaniesWMB0.5% of the fund
- Darden RestaurantsDRI0.5% of the fund
- Bristol-Myers SquibbBMY0.5% of the fund
- Consolidated EdisonED0.4% of the fund
- ChevronCVX0.4% of the fund
- ComcastCMCSA0.4% of the fund
- Eversource EnergyES0.4% of the fund
- WeyerhaeuserWY0.4% of the fund
- Lockheed MartinLMT0.4% of the fund
- AT&TT0.4% of the fund
- Constellation BrandsSTZ0.4% of the fund
- Broadridge Financial SolutionsBR0.3% of the fund
- PNC Financial Services GroupPNC0.3% of the fund
- Hormel FoodsHRL0.3% of the fund
- ExxonMobil HoldingsXOM0.2% of the fund
- SyscoSYY0.2% of the fund
- OneokOKE0.2% of the fund
- Bunge Global SABG0.2% of the fund
- MosaicMOS0.2% of the fund
- HersheyHSY0.1% of the fund
- Expand EnergyEXE0.1% of the fund
- American Water Works CompanyAWK0.1% of the fund
Added
Bought more of a stock they already held.
- Kura OncologyKURA9.9% of the fund+42%
- ImmuneeringIMRX1.0% of the fund+1962%
Cut
Sold some of their stake.
- Spdr Series TrustBIL12.3% of the fund-49%
- Ishares TRTLT0.8% of the fund-7%
- Wisdomtree TRHEDJ0.2% of the fund-4%
Sold out
Sold their entire stake.
- State STR Spdr S&P 500 ETF TSPY-100%
- Taseko Mines-100%
Holdings
- Spdr Series TrustBIL
- Share
- 12.3%
- Value
- $30m
- Shares
- 324,526
-49%
- Ishares TRTLT
- Share
- 0.8%
- Value
- $2m
- Shares
- 21,276
-7%
- Atrium TherapeuticsRNA
- Share
- 0.2%
- Value
- $588,545
- Shares
- 43,758
Held
- Wisdomtree TRHEDJ
- Share
- 0.2%
- Value
- $408,405
- Shares
- 7,165
-4%
- Trekor MetalsTGB
- Share
- <0.1%
- Value
- $68,800
- Shares
- 10,000
New
- Open Lending
- Share
- <0.1%
- Value
- $37,320
- Shares
- 12,000
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Axsome TherapeuticsAXSM | 65.8% | $159m | 648,756 | Held |
| Spdr Series TrustBIL | 12.3% | $30m | 324,526 | -49% |
| Kura OncologyKURA | 9.9% | $24m | 2,167,938 | +42% |
| ImmuneeringIMRX | 1.0% | $2m | 472,935 | +1962% |
| Ishares TRTLT | 0.8% | $2m | 21,276 | -7% |
| Tempus AITEM | 0.8% | $2m | 31,554 | Held |
| ViatrisVTRS | 0.5% | $1m | 78,384 | New |
| Philip Morris InternationalPM | 0.5% | $1m | 6,834 | New |
| Automatic Data ProcessingADP | 0.5% | $1m | 5,502 | New |
| Williams CompaniesWMB | 0.5% | $1m | 15,301 | New |
| Darden RestaurantsDRI | 0.5% | $1m | 5,424 | New |
| Bristol-Myers SquibbBMY | 0.5% | $1m | 18,892 | New |
| Consolidated EdisonED | 0.4% | $1m | 9,767 | New |
| ChevronCVX | 0.4% | $971,354 | 5,860 | New |
| ComcastCMCSA | 0.4% | $939,848 | 38,283 | New |
| Eversource EnergyES | 0.4% | $933,367 | 12,915 | New |
| WeyerhaeuserWY | 0.4% | $912,114 | 38,100 | New |
| Lockheed MartinLMT | 0.4% | $905,820 | 1,778 | New |
| AT&TT | 0.4% | $893,122 | 43,146 | New |
| Constellation BrandsSTZ | 0.4% | $846,780 | 6,088 | New |
| Broadridge Financial SolutionsBR | 0.3% | $839,777 | 6,132 | New |
| PNC Financial Services GroupPNC | 0.3% | $801,200 | 3,254 | New |
| Hormel FoodsHRL | 0.3% | $703,498 | 28,344 | New |
| ExxonMobil HoldingsXOM | 0.2% | $601,568 | 4,400 | New |
| Atrium TherapeuticsRNA | 0.2% | $588,545 | 43,758 | Held |
| SyscoSYY | 0.2% | $581,884 | 6,962 | New |
| Wells Fargo & CompanyWFC | 0.2% | $498,319 | 6,030 | Held |
| OneokOKE | 0.2% | $464,260 | 5,340 | New |
| Bunge Global SABG | 0.2% | $429,908 | 4,028 | New |
| Wisdomtree TRHEDJ | 0.2% | $408,405 | 7,165 | -4% |
| MosaicMOS | 0.2% | $395,660 | 18,672 | New |
| HersheyHSY | 0.1% | $353,707 | 2,016 | New |
| Expand EnergyEXE | 0.1% | $330,929 | 3,629 | New |
| American Water Works CompanyAWK | 0.1% | $288,818 | 2,195 | New |
| Encore Capital GroupECPG | 0.1% | $256,548 | 2,750 | New |
| Microchip TechnologyMCHP | 0.1% | $251,347 | 2,756 | New |
| AccentureACN | <0.1% | $234,072 | 1,881 | New |
| J M SmuckerSJM | <0.1% | $219,938 | 1,955 | New |
| Graphic Packaging HoldingGPK | <0.1% | $172,608 | 16,330 | Held |
| Trekor MetalsTGB | <0.1% | $68,800 | 10,000 | New |
| Open Lending | <0.1% | $37,320 | 12,000 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 82.7% since 30 June 2025.
Where the money is
Health care77.8%
Everyday goods1.8%
Energy1.5%
Industrials1.2%
Technology1.0%
Utilities1.0%
Media & telecom0.8%
Financial services0.6%
Retail & consumer0.5%
Real estate0.4%
Materials0.3%
Other13.3%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.