Sign in

You're signed outSign in or to get full access.

Alethea Capital Management, LLC

CIK:0001549408
Investment Adviser
$196M AUM
31 holdings
San Diego, CA, United States
Founded:2012
4 employees
Latest filing:Jun 30, 2025

Alethea Capital Management, LLC is an SEC-registered investment adviser headquartered in San Diego, California. The firm, founded in 2012, specializes in providing investment management services with a focus on biotechnology and health technology venture opportunities. With a small, dedicated team of 4 employees, Alethea manages capital on behalf of high-net-worth individuals and other institutional investors, nurturing early-stage ventures that aim to positively impact millions of lives.

Investment Strategy

Alethea Capital Management invests in select early-stage venture opportunities primarily in the biotechnology and health technology sectors. The firm targets entrepreneurial founders pursuing unconventional paths and ideas with transformative potential. Alethea is known for backing contrarian thinkers and aims to drive positive impact at scale, leveraging deep industry expertise and strong due diligence to identify ventures poised for meaningful growth.

Latest 13F Filing Activity

Alethea Capital Management, LLC filed their most recent 13F report on Jun 30, 2025 disclosing 31 equity positions with a total 13F market value of $132M. The fund increased holdings in Invesco Exchange Traded FD T, Kura Oncology Inc., NRG Energy Inc. among other positions. Alethea Capital Management, LLC reduced exposure to SPDR S&P 500 Etf TR, Axsome Therapeutics Inc., Cidara Therapeutics Inc. among others.

Top Buys
R
RYUINVESCO EXCHANGE TRADED FD T
+$6.7M
K
KURAKURA ONCOLOGY INC
+$1.1M
N
NRGNRG ENERGY INC
+$531.2K
B
BILSPDR SERIES TRUST
+$504.4K
N
NFLXNETFLIX INC
+$454.0K
Top Sells
S
SPYSPDR S&P 500 ETF TR
-$8.4M
A
AXSMAXSOME THERAPEUTICS INC
-$8.2M
C
CDTXCIDARA THERAPEUTICS INC
-$308.3K
R
RNAAVIDITY BIOSCIENCES INC
-$276.4K
I
IMRXIMMUNEERING CORP
+$77.3K

Top Holdings

A
AXSMAXSOME THERAPEUTICS INC
+52.7%$69.7M
B
BILSPDR SERIES TRUST
+21.6%$28.6M
R
RNAAVIDITY BIOSCIENCES INC
+9.2%$12.2M
R
RYUINVESCO EXCHANGE TRADED FD T
+5.1%$6.7M
K
KURAKURA ONCOLOGY INC
+4.1%$5.5M

Equity Positions (31)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
AXSOME THERAPEUTICS INC52.72%$69.7M667,368$12.08$104.39-$8.2M
SPDR SERIES TRUST21.63%$28.6M311,541$91.43$91.73+$504.4K
AVIDITY BIOSCIENCES INC9.21%$12.2M428,624$25.18$28.40-$276.4K
INVESCO EXCHANGE TRADED FD T5.06%$6.7M93,989$71.12$71.12+$6.7M
KURA ONCOLOGY INC4.15%$5.5M949,285$12.76$5.77+$1.1M

Industry Allocation

PHARMACEUTICAL PREPARATIONS
+73.4%
REAL ESTATE INVESTMENT TRUSTS
+1.0%
ELECTRIC & OTHER SERVICES COMBINED
+0.7%
TELEPHONE COMMUNICATIONS (NO RADIOTELEPHONE)
+0.6%
BEVERAGES
+0.5%