Athena Investment Management 13F annual report
Athena Investment Management is an investment fund managing more than $164 billion ran by Jack Andrews. There are currently 147 companies in Mr. Andrews’s portfolio. The largest investments include Schwab U.s. Large-cap Etf and Schwab U.s. Small-cap Etf, together worth $36.9 billion.
$164 billion Assets Under Management (AUM)
As of 31st July 2024, Athena Investment Management’s top holding is 455,233 shares of Schwab U.s. Large-cap Etf currently worth over $29.2 billion and making up 17.8% of the portfolio value.
In addition, the fund holds 161,146 shares of Schwab U.s. Small-cap Etf worth $7.65 billion.
The third-largest holding is Schwab International Equity Etf worth $7.24 billion and the next is Unitedhealth Inc worth $6.8 billion, with 13,344 shares owned.
Currently, Athena Investment Management's portfolio is worth at least $164 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Athena Investment Management
The Athena Investment Management office and employees reside in Orinda, California. According to the last 13-F report filed with the SEC, Jack Andrews serves as the President at Athena Investment Management.
Recent trades
In the most recent 13F filing, Athena Investment Management revealed that it had opened a new position in
GE Aerospace and bought 9,034 shares worth $1.44 billion.
This means they effectively own approximately 0.1% of the company.
GE Aerospace makes up
14.9%
of the fund's Industrials sector allocation and has grown its share price by 38.0% in the past year.
The investment fund also strengthened its position in Schwab U.s. Small-cap Etf by buying
894 additional shares.
This makes their stake in Schwab U.s. Small-cap Etf total 161,146 shares worth $7.65 billion.
On the other hand, there are companies that Athena Investment Management is getting rid of from its portfolio.
Athena Investment Management closed its position in General Electric Company on 7th August 2024.
It sold the previously owned 9,109 shares for $1.6 billion.
Jack Andrews also disclosed a decreased stake in Schwab U.s. Large-cap Etf by approximately 0.1%.
This leaves the value of the investment at $29.2 billion and 455,233 shares.
One of the smallest hedge funds
The two most similar investment funds to Athena Investment Management are Fortitude Advisory L.L.C and Lavaca Capital. They manage $164 billion and $164 billion respectively.
Jack Andrews investment strategy
Athena Investment Management’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 11.0% of
the total portfolio value.
The fund focuses on investments in the United States as
51.0% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
49% of the total holdings value.
On the other hand, small-cap stocks make up only 2.7% of the portfolio.
The average market cap of the portfolio companies is close to $156 billion.
The complete list of Athena Investment Management trades based on 13F SEC filings
These positions were updated on August 7th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Schwab U.s. Large-cap Etf |
2.54%
455,233
|
$29,248,720,000 | 17.82% |
| Schwab U.s. Small-cap Etf |
0.56%
161,146
|
$7,646,378,000 | 4.66% |
| Schwab International Equity Etf |
0.61%
188,384
|
$7,237,713,000 | 4.41% |
| Unitedhealth Group Inc |
1.87%
13,344
|
$6,795,818,000 | 4.14% |
| Microsoft Corporation |
1.47%
14,175
|
$6,335,516,000 | 3.86% |
| Jp Morgan Chase Co. |
1.24%
27,312
|
$5,524,125,000 | 3.37% |
| Apple Inc |
3.12%
17,136
|
$3,609,250,000 | 2.20% |
| Schwab U.s. Large-cap Growth Etf |
0.29%
31,234
|
$3,149,637,000 | 1.92% |
| Pepsico Inc. |
0.05%
16,445
|
$2,712,220,000 | 1.65% |
| Home Depot, Inc. |
0.30%
6,936
|
$2,387,536,000 | 1.45% |
| Schwab U.s. Mid-cap Etf |
1.99%
25,266
|
$1,966,453,000 | 1.20% |
| Ishares Russell 2000 Index |
No change
9,638
|
$1,955,462,000 | 1.19% |
| Abbvie Inc |
0.26%
11,397
|
$1,954,813,000 | 1.19% |
| Aflac Inc. |
1.47%
19,441
|
$1,736,276,000 | 1.06% |
| Ishares Msci Eafe Index |
0.05%
20,869
|
$1,634,700,000 | 1.00% |
| General Electric Company |
Closed
9,109
|
$1,598,918,000 | |
| Raytheon Technologies Corp. |
0.17%
15,665
|
$1,572,609,000 | 0.96% |
| Intel Corp. |
0.21%
50,252
|
$1,556,293,000 | 0.95% |
| Chevron Corp. |
0.71%
9,893
|
$1,547,463,000 | 0.94% |
| HP Inc |
0.88%
43,067
|
$1,508,206,000 | 0.92% |
| Pfizer Inc. |
1.39%
52,012
|
$1,455,292,000 | 0.89% |
| GE Aerospace |
Opened
9,034
|
$1,436,135,000 | 0.88% |
| Exxon Mobil Corp. |
4.24%
12,379
|
$1,425,070,000 | 0.87% |
| Kimberly-Clark Corp. |
1.06%
10,062
|
$1,390,517,000 | 0.85% |
| Vanguard Energy Sector Etf |
0.89%
10,411
|
$1,328,131,000 | 0.81% |
| International Business Machines Corp. |
0.07%
7,661
|
$1,324,970,000 | 0.81% |
| Berkshire Hathaway Cl. B |
1.83%
3,221
|
$1,310,473,000 | 0.80% |
| Ishares Sp 500 Index |
1.29%
2,363
|
$1,293,104,000 | 0.79% |
| Lilly (eli) C. |
4.44%
1,422
|
$1,287,450,000 | 0.78% |
| Johnson Johnson |
0.12%
8,559
|
$1,250,978,000 | 0.76% |
| Procter Gamble Co. |
8.76%
7,381
|
$1,217,228,000 | 0.74% |
| AMGEN Inc. |
0.03%
3,858
|
$1,205,428,000 | 0.73% |
| Bank Of America Corp. |
1.85%
29,789
|
$1,184,720,000 | 0.72% |
| Northrop Grumman Corp. |
No change
2,690
|
$1,172,706,000 | 0.71% |
| Abbott Laboratories |
0.18%
10,952
|
$1,138,022,000 | 0.69% |
| Qualcomm, Inc. |
3.85%
5,590
|
$1,113,452,000 | 0.68% |
| Mcdonalds Corp |
1.17%
4,303
|
$1,096,577,000 | 0.67% |
| Verizon Communications Inc |
0.89%
25,952
|
$1,070,260,000 | 0.65% |
| Schwab Emerging Markets Equity Etf |
1.23%
39,496
|
$1,049,014,000 | 0.64% |
| Merck Company Inc |
1.72%
8,420
|
$1,042,455,000 | 0.64% |
| Technology Select Sector Spdr Etf |
No change
4,510
|
$1,020,297,000 | 0.62% |
| Schwab U.s. Large-cap Value Etf |
No change
12,920
|
$957,114,000 | 0.58% |
| Hewlett Packard Enterprises |
1.91%
43,562
|
$922,208,000 | 0.56% |
| Vanguard Growth Etf |
No change
2,394
|
$895,350,000 | 0.55% |
| Norfolk Southern Corp. |
1.26%
4,079
|
$875,721,000 | 0.53% |
| Broadcom Inc |
4.10%
538
|
$863,775,000 | 0.53% |
| Archer Daniels Midland Co. |
1.63%
14,280
|
$863,226,000 | 0.53% |
| Cisco Systems, Inc. |
4.45%
17,317
|
$822,731,000 | 0.50% |
| Vanguard Large Cap Etf |
No change
3,240
|
$808,769,000 | 0.49% |
| Att Inc. |
0.52%
42,312
|
$808,582,000 | 0.49% |
| Texas Instruments Inc. |
0.72%
4,117
|
$800,880,000 | 0.49% |
| Honeywell International Inc |
0.11%
3,739
|
$798,426,000 | 0.49% |
| Illinois Tool Works, Inc. |
No change
3,367
|
$797,844,000 | 0.49% |
| Marathon Petroleum Corp |
6.24%
4,506
|
$781,701,000 | 0.48% |
| Alphabet Inc. Cl. A |
3.16%
4,262
|
$776,323,000 | 0.47% |
| Wal-mart Stores Inc |
5.87%
11,203
|
$758,535,000 | 0.46% |
| Reliance Steel Aluminum Co. |
3.28%
2,505
|
$715,428,000 | 0.44% |
| L3Harris Technologies Inc |
No change
3,068
|
$689,011,000 | 0.42% |
| Goldman Sachs |
0.47%
1,479
|
$668,981,000 | 0.41% |
| Boeing Co. |
0.25%
3,631
|
$660,868,000 | 0.40% |
| Mckesson Corporation |
5.14%
1,126
|
$657,629,000 | 0.40% |
| Applied Materials Inc. |
0.40%
2,744
|
$647,589,000 | 0.39% |
| Caterpillar Inc. |
1.28%
1,931
|
$643,216,000 | 0.39% |
| Equifax, Inc. |
No change
2,620
|
$635,245,000 | 0.39% |
| Bristol-Myers Squibb Co. |
0.12%
14,935
|
$620,251,000 | 0.38% |
| American Express Co. |
0.93%
2,675
|
$619,396,000 | 0.38% |
| Consumer Discretionery Spdr Etf |
No change
3,350
|
$611,040,000 | 0.37% |
| Constellation Brands Cl. A |
0.17%
2,358
|
$606,666,000 | 0.37% |
| Wells Fargo |
3.29%
9,758
|
$579,528,000 | 0.35% |
| NVIDIA Corp |
875.10%
4,661
|
$575,872,000 | 0.35% |
| Disney (walt) Co |
No change
5,739
|
$569,825,000 | 0.35% |
| Charles Schwab Corp. |
No change
7,708
|
$568,003,000 | 0.35% |
| Ishares Core Sp Mid-cap Etf |
No change
9,649
|
$564,665,000 | 0.34% |
| Spdr Sp 500 Etf |
No change
1,006
|
$547,342,000 | 0.33% |
| Vanguard Small-cap Growth Etf |
1.91%
2,135
|
$534,028,000 | 0.33% |
| Conocophillips |
8.06%
4,617
|
$528,092,000 | 0.32% |
| Deere Co. |
No change
1,365
|
$510,005,000 | 0.31% |
| Analog Devices Inc. |
No change
2,229
|
$508,792,000 | 0.31% |
| Motorola Solutions Inc |
No change
1,229
|
$474,455,000 | 0.29% |
| Ishares Msci Eafe Growth Index |
2.25%
4,537
|
$464,135,000 | 0.28% |
| Phillips 66 |
4.07%
3,249
|
$458,661,000 | 0.28% |
| TJX Companies, Inc. |
3.96%
4,146
|
$456,475,000 | 0.28% |
| Automatic Data Processing Inc. |
No change
1,894
|
$452,079,000 | 0.28% |
| Vanguard Mid-cap Etf |
No change
1,839
|
$445,157,000 | 0.27% |
| Ishares Russell 2000 Growth Index |
No change
1,694
|
$444,726,000 | 0.27% |
| Viatris Inc. |
1.02%
41,813
|
$444,472,000 | 0.27% |
| Spdr Dow Jones Industrial Avg. Etf |
No change
1,133
|
$443,203,000 | 0.27% |
| Vanguard Health Care Sector Etf |
4.83%
1,654
|
$439,964,000 | 0.27% |
| Medtronic Inc |
No change
5,488
|
$431,960,000 | 0.26% |
| Amphenol Corp. |
90.62%
6,338
|
$426,991,000 | 0.26% |
| Carrier Global Corporation |
0.06%
6,714
|
$423,519,000 | 0.26% |
| NextEra Energy Inc |
No change
5,958
|
$421,886,000 | 0.26% |
| White Mountain Insurance Group Ltd. |
0.85%
232
|
$421,648,000 | 0.26% |
| Occidental Petroleum Corp. |
0.09%
6,622
|
$417,385,000 | 0.25% |
| Kemper Corporation |
No change
7,010
|
$415,903,000 | 0.25% |
| Ishares Msci Eafe Small Cap Index |
4.59%
6,645
|
$409,598,000 | 0.25% |
| Ishares Dow Jones U.s. Healthcare Sector Index |
No change
6,540
|
$400,688,000 | 0.24% |
| Travelers Companies Inc. |
0.15%
1,963
|
$399,156,000 | 0.24% |
| CVS Health Corp |
1.19%
6,621
|
$391,036,000 | 0.24% |
| Alphabet Inc. Cl. C |
2.83%
2,131
|
$390,868,000 | 0.24% |
| Stryker Corp. |
1.31%
1,130
|
$384,483,000 | 0.23% |
| Comcast Corporation Class A |
0.63%
9,757
|
$382,084,000 | 0.23% |
| Ge Vernova Inc |
Opened
2,219
|
$380,581,000 | 0.23% |
| Eaton Corp. |
3.38%
1,201
|
$376,574,000 | 0.23% |
| Avery Dennison Corp. |
9.33%
1,690
|
$369,519,000 | 0.23% |
| Constellation Energy Corp. |
1.70%
1,845
|
$369,498,000 | 0.23% |
| Oracle Corp. |
3.43%
2,589
|
$365,567,000 | 0.22% |
| Vanguard Small Cap Value Etf |
No change
1,998
|
$364,764,000 | 0.22% |
| Agilent Technologies Inc. |
No change
2,756
|
$357,260,000 | 0.22% |
| International Flavors And Fragrances |
No change
3,693
|
$351,611,000 | 0.21% |
| Liberty Formula One Group |
2.42%
5,333
|
$342,539,000 | 0.21% |
| Sysco Corp. |
2.29%
4,470
|
$319,113,000 | 0.19% |
| Kellanova Co |
2.06%
5,509
|
$317,759,000 | 0.19% |
| Air Products Chemicals |
No change
1,202
|
$310,176,000 | 0.19% |
| Dow Inc |
0.28%
5,610
|
$297,611,000 | 0.18% |
| The Allstate Corporation |
2.77%
1,863
|
$297,447,000 | 0.18% |
| iShares MSCI Emerging Markets ex China ETF |
3.12%
4,959
|
$293,573,000 | 0.18% |
| Vanguard Ftse Developed Markets Etf |
No change
5,700
|
$281,694,000 | 0.17% |
| Coca-Cola Co |
0.62%
4,350
|
$276,849,000 | 0.17% |
| Cardinal Health, Inc. |
No change
2,671
|
$262,613,000 | 0.16% |
| Lowes Co Inc |
No change
1,188
|
$262,009,000 | 0.16% |
| Centerpoint Energy Inc. |
1.70%
8,434
|
$261,285,000 | 0.16% |
| Global Payments, Inc. |
No change
2,702
|
$261,283,000 | 0.16% |
| DuPont de Nemours Inc |
0.34%
3,209
|
$258,292,000 | 0.16% |
| Southern Company |
12.01%
3,223
|
$250,008,000 | 0.15% |
| Keysight Technologies Inc |
0.77%
1,826
|
$249,706,000 | 0.15% |
| Accenture Ltd. |
No change
822
|
$249,403,000 | 0.15% |
| Vanguard Industrial Sector Etf |
No change
1,030
|
$242,277,000 | 0.15% |
| Valero Energy Corp. |
2.26%
1,515
|
$237,491,000 | 0.14% |
| Ge Healthcare Technologies Inc. |
0.59%
3,021
|
$235,396,000 | 0.14% |
| Weyerhaeuser Co. |
1.20%
8,259
|
$234,473,000 | 0.14% |
| Trane Technologies plc |
1.55%
700
|
$230,251,000 | 0.14% |
| Union Pacific Corp. |
No change
1,002
|
$226,713,000 | 0.14% |
| General Dynamics Corp. |
3.12%
776
|
$225,149,000 | 0.14% |
| Pge Corp |
No change
12,839
|
$224,169,000 | 0.14% |
| Financial Select Sector Spdr Etf |
No change
5,400
|
$221,994,000 | 0.14% |
| Amazon.com Inc. |
No change
1,141
|
$220,498,000 | 0.13% |
| Whirlpool Corp. |
Closed
1,839
|
$220,000,000 | |
| Ishares Russell 1000 Etf |
No change
734
|
$218,500,000 | 0.13% |
| Ishares Dow Jones U.s. Financial Services Index |
No change
3,345
|
$218,127,000 | 0.13% |
| Dominion Energy Inc |
1.09%
4,426
|
$216,874,000 | 0.13% |
| Synchrony Financial |
28.24%
4,501
|
$212,407,000 | 0.13% |
| Salesforce.com |
Closed
705
|
$212,332,000 | |
| Laboratory Corp. Of America |
4.84%
1,040
|
$211,650,000 | 0.13% |
| Costco Wholesale Corp |
Opened
240
|
$204,040,000 | 0.12% |
| Hexcel Corp. |
No change
3,241
|
$202,400,000 | 0.12% |
| Ishares Russell 2000 Value Index |
No change
1,325
|
$201,798,000 | 0.12% |
| Corteva Inc |
0.21%
3,729
|
$201,142,000 | 0.12% |
| Vanguard Dividend Appreciation Etf |
Closed
1,098
|
$200,523,000 | |
| Goodyear Tire Rubber Co |
1.95%
15,872
|
$180,147,000 | 0.11% |
| Hanes Brands |
No change
19,394
|
$95,612,000 | 0.06% |
| No transactions found | |||
| Showing first 500 out of 151 holdings | |||
Hedge funds similar to Athena Investment Management
- Wealth Advisors Of Iowa
- Darden Wealth Inc
- Healthinvest Partners Ab
- Ridgecrest Wealth Partners
- Mine & Arao Wealth Creation & Management,
- Delaney Dennis R
- Coombe, Bender & Co
- Fortitude Advisory L.L.C
- Lavaca Capital
- Sciencast Management L.P.
- Obsidian Personal Planning Solutions
- Penbrook Management
- Sterling Investment Advisors adv
- Flagship Private Wealth