# ALETHEA CAPITAL MANAGEMENT, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1549408. Source: https://holderbook.com/funds/1549408-alethea-capital-management-llc/

- Reported value: $241.4M
- Positions: 41
- Weight of the ten largest: 92.5%
- Filed: 2026-08-14

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| AXSOME THERAPEUTICS INC | [AXSM](https://holderbook.com/stocks/AXSM/) | $158.8M | 648,756 | 65.8% | 31 |
| SPDR SERIES TRUST | [BIL](https://holderbook.com/stocks/BIL/) | $29.7M | 324,526 | 12.3% | 10 |
| KURA ONCOLOGY INC | [KURA](https://holderbook.com/stocks/KURA/) | $23.8M | 2,167,938 | 9.9% | 19 |
| IMMUNEERING CORP | [IMRX](https://holderbook.com/stocks/IMRX/) | $2.4M | 472,935 | 1.0% | 5 |
| ISHARES TR | [TLT](https://holderbook.com/stocks/TLT/) | $1.8M | 21,276 | 0.8% | 19 |
| TEMPUS AI INC | [TEM](https://holderbook.com/stocks/TEM/) | $1.8M | 31,554 | 0.8% | 3 |
| VIATRIS INC | [VTRS](https://holderbook.com/stocks/VTRS/) | $1.2M | 78,384 | 0.5% | 1 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $1.2M | 6,834 | 0.5% | 1 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $1.2M | 5,502 | 0.5% | 1 |
| WILLIAMS COS INC | [WMB](https://holderbook.com/stocks/WMB/) | $1.1M | 15,301 | 0.5% | 1 |
| DARDEN RESTAURANTS INC | [DRI](https://holderbook.com/stocks/DRI/) | $1.1M | 5,424 | 0.5% | 1 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $1.1M | 18,892 | 0.5% | 1 |
| CONSOLIDATED EDISON INC | [ED](https://holderbook.com/stocks/ED/) | $1.1M | 9,767 | 0.4% | 1 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $971.4K | 5,860 | 0.4% | 1 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $939.8K | 38,283 | 0.4% | 1 |
| EVERSOURCE ENERGY | [ES](https://holderbook.com/stocks/ES/) | $933.4K | 12,915 | 0.4% | 1 |
| WEYERHAEUSER CO | [WY](https://holderbook.com/stocks/WY/) | $912.1K | 38,100 | 0.4% | 1 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $905.8K | 1,778 | 0.4% | 1 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $893.1K | 43,146 | 0.4% | 1 |
| CONSTELLATION BRANDS INC | [STZ](https://holderbook.com/stocks/STZ/) | $846.8K | 6,088 | 0.4% | 1 |
| BROADRIDGE FINL SOLUTIONS IN | [BR](https://holderbook.com/stocks/BR/) | $839.8K | 6,132 | 0.3% | 1 |
| PNC FINL SVCS GROUP INC | [PNC](https://holderbook.com/stocks/PNC/) | $801.2K | 3,254 | 0.3% | 1 |
| HORMEL FOODS CORP | [HRL](https://holderbook.com/stocks/HRL/) | $703.5K | 28,344 | 0.3% | 1 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $601.6K | 4,400 | 0.2% | 1 |
| ATRIUM THERAPEUTICS INC | [RNA](https://holderbook.com/stocks/RNA/) | $588.5K | 43,758 | 0.2% | 2 |
| SYSCO CORP | [SYY](https://holderbook.com/stocks/SYY/) | $581.9K | 6,962 | 0.2% | 1 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $498.3K | 6,030 | 0.2% | 2 |
| ONEOK INC NEW | [OKE](https://holderbook.com/stocks/OKE/) | $464.3K | 5,340 | 0.2% | 1 |
| BUNGE GLOBAL SA | [BG](https://holderbook.com/stocks/BG/) | $429.9K | 4,028 | 0.2% | 1 |
| WISDOMTREE TR | [HEDJ](https://holderbook.com/stocks/HEDJ/) | $408.4K | 7,165 | 0.2% | 26 |
| MOSAIC CO | [MOS](https://holderbook.com/stocks/MOS/) | $395.7K | 18,672 | 0.2% | 1 |
| HERSHEY CO | [HSY](https://holderbook.com/stocks/HSY/) | $353.7K | 2,016 | 0.1% | 1 |
| EXPAND ENERGY CORPORATION | [EXE](https://holderbook.com/stocks/EXE/) | $330.9K | 3,629 | 0.1% | 1 |
| AMERICAN WTR WKS CO INC NEW | [AWK](https://holderbook.com/stocks/AWK/) | $288.8K | 2,195 | 0.1% | 1 |
| ENCORE CAP GROUP INC | [ECPG](https://holderbook.com/stocks/ECPG/) | $256.5K | 2,750 | 0.1% | 1 |
| MICROCHIP TECHNOLOGY INC. | [MCHP](https://holderbook.com/stocks/MCHP/) | $251.3K | 2,756 | 0.1% | 1 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $234.1K | 1,881 | 0.1% | 1 |
| SMUCKER J M CO | [SJM](https://holderbook.com/stocks/SJM/) | $219.9K | 1,955 | 0.1% | 1 |
| GRAPHIC PACKAGING HLDG CO | [GPK](https://holderbook.com/stocks/GPK/) | $172.6K | 16,330 | 0.1% | 2 |
| TREKOR METALS LTD | - | $68.8K | 10,000 | 0.0% | 1 |
| OPEN LENDING CORP | [LPRO](https://holderbook.com/stocks/LPRO/) | $37.3K | 12,000 | 0.0% | 22 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +29.0% | +14.8% | +14.2% | 95% |
| Q1 2026 | -7.6% | -4.6% | -3.0% | 84% |
| Q4 2025 | +36.3% | +2.4% | +33.9% | 100% |
| Q3 2025 | +16.4% | +7.8% | +8.6% | 100% |
| Q2 2025 | -6.0% | +10.5% | -16.4% | 100% |
| Q1 2025 | +19.5% | -4.6% | +24.1% | 100% |
| Q4 2024 | -12.3% | +2.1% | -14.4% | 100% |
| Q3 2024 | +8.0% | +5.4% | +2.5% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $241.4M | 41 |
| Q1 2026 | $194.9M | 13 |
| Q4 2025 | $205.9M | 13 |
| Q3 2025 | $155.7M | 33 |
| Q2 2025 | $132.1M | 31 |
| Q1 2025 | $134.0M | 11 |
| Q4 2024 | $116.8M | 30 |
| Q3 2024 | $138.5M | 30 |
| Q2 2024 | $131.8M | 31 |
| Q1 2024 | $123.1M | 32 |
| Q4 2023 | $86.7M | 35 |
| Q3 2023 | $81.4M | 51 |