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Athena Investment Management

CIK:0001921093
Investment Adviser
$298M AUM
155 holdings
Orinda, CA, US
Founded:1977
5 employees
Latest filing:Jun 30, 2025

Athena Investment Management is an SEC-registered investment adviser based in Orinda, California. Founded in 1977, the firm primarily manages investment portfolios for high net worth individuals, other individuals, charitable organizations, and some corporate clients. Athena specializes in discretionary investment management across publicly traded equities and ETFs. The firm has approximately 5 employees.

Investment Strategy

Athena Investment Management primarily employs discretionary investment management strategies focused on equities and ETFs, with top holdings in diversified sectors including technology, finance, healthcare, and consumer staples. The firm’s philosophy centers on building diversified portfolios for high net worth individuals and select institutions by combining broad market ETFs (such as Schwab U.S. Large-Cap and International Equity ETFs) with individual stock selection. Athena emphasizes risk management, portfolio diversification, and alignment with client objectives.

Latest 13F Filing Activity

Athena Investment Management filed their most recent 13F report on Jun 30, 2025 disclosing 148 equity positions with a total 13F market value of $179M. The fund increased holdings in Schwab U.s. Large-cap Etf, Microsoft Corp., JP Morgan Chase & Co. among other positions. Athena Investment Management reduced exposure to Pepsico Inc., Abbvie Inc., Chevron Corporation among others.

Top Buys
S
SCHXSchwab U.S. Large-Cap ETF
+$3.1M
M
MSFTMicrosoft Corp
+$1.7M
J
JPMJP Morgan Chase & Co.
+$1.0M
S
SCHFSchwab International Equity ETF
+$863.1K
Q
QQQInvesco QQQ Trust
+$829.8K
Top Sells
P
PEPPepsico Inc.
-$294.3K
A
ABBVAbbVie Inc.
-$276.8K
C
CVXChevron Corporation
-$224.5K
B
BMYBristol-Myers Squibb Co
-$219.3K
M
MCDMcDonalds Corp
-$142.9K

Top Holdings

S
SCHXSchwab U.S. Large-Cap ETF
+18.1%$32.3M
S
SCHFSchwab International Equity ETF
+4.6%$8.3M
S
SCHASchwab U.S. Small-Cap ETF
+4.5%$8.1M
J
JPMJP Morgan Chase & Co.
+4.0%$7.2M
M
MSFTMicrosoft Corp
+3.9%$7.0M

Equity Positions (148)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
Schwab U.S. Large-Cap ETF18.05%$32.3M1,321,308$17.58$24.44+$3.1M
Schwab International Equity ETF4.63%$8.3M374,989$18.02$22.10+$863.1K
Schwab U.S. Small-Cap ETF4.53%$8.1M320,575$23.10$25.30+$598.8K
JP Morgan Chase & Co.4.04%$7.2M24,925$135.80$289.91+$1.0M
Microsoft Corp3.89%$7.0M13,990$304.58$497.41+$1.7M

Industry Allocation

PHARMACEUTICAL PREPARATIONS
+5.2%
NATIONAL COMMERCIAL BANKS
+4.4%
SERVICES-PREPACKAGED SOFTWARE
+4.1%
SEMICONDUCTORS & RELATED DEVICES
+3.3%
PETROLEUM REFINING
+2.6%