Alethea Capital Management is an investment fund managing more than $132 billion ran by Kasie Cole. There are currently 31 companies in Cole’s portfolio. The largest investments include Axsome Therapeutics Inc and Spdr Ser Tr, together worth $92.7 billion.
As of 8th August 2024, Alethea Capital Management’s top holding is 740,888 shares of Axsome Therapeutics Inc currently worth over $59.6 billion and making up 45.3% of the portfolio value.
Relative to the number of outstanding shares of Axsome Therapeutics Inc, Alethea Capital Management owns more than approximately 0.1% of the company.
In addition, the fund holds 360,028 shares of Spdr Ser Tr worth $33 billion.
The third-largest holding is Avidity Biosciences worth $20.6 billion and the next is Kura Oncology Inc worth $5.48 billion, with 265,906 shares owned.
Currently, Alethea Capital Management's portfolio is worth at least $132 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.
The Alethea Capital Management office and employees reside in Mercer Island, Washington. According to the last 13-F report filed with the SEC, Kasie Cole serves as the Executive Assistant at Alethea Capital Management.
In the most recent 13F filing, Alethea Capital Management revealed that it had opened a new position in
Cidara Therapeutics Inc and bought 79,908 shares worth $954 million.
This means they effectively own approximately 0.1% of the company.
Cidara Therapeutics Inc makes up
1.1%
of the fund's Health Care sector allocation and has grown its share price by 1238.0% in the past year.
The investment fund also strengthened its position in Spdr Ser Tr by buying
296,862 additional shares.
This makes their stake in Spdr Ser Tr total 360,028 shares worth $33 billion.
On the other hand, there are companies that Alethea Capital Management is getting rid of from its portfolio.
Alethea Capital Management closed its position in Cidara Therapeutics Inc on 15th August 2024.
It sold the previously owned 1,677,194 shares for $1.27 billion.
Kasie Cole also disclosed a decreased stake in Axsome Therapeutics Inc by approximately 0.1%.
This leaves the value of the investment at $59.6 billion and 740,888 shares.
The two most similar investment funds to Alethea Capital Management are Lightspeed Opportunity Fund, L.P. and Fcg Investment Co. They manage $132 billion and $132 billion respectively.
Alethea Capital Management’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Health Care — making up 67.2% of
the total portfolio value.
The fund focuses on investments in the United States as
71.0% 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
45% of the total holdings value.
On the other hand, small-cap stocks make up only 9.7% of the portfolio.
The average market cap of the portfolio companies is close to $65.3 billion.
These positions were updated on August 15th 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 |
|---|---|---|---|
| Axsome Therapeutics Inc |
5.70%
740,888
|
$59,641,484,000 | 45.25% |
| Spdr Ser Tr |
469.97%
360,028
|
$33,043,393,000 | 25.07% |
| Avidity Biosciences, Inc. |
39.00%
503,504
|
$20,568,138,000 | 15.61% |
| Kura Oncology Inc |
26.90%
265,906
|
$5,475,005,000 | 4.15% |
| Ishares Tr |
6.38%
23,123
|
$2,122,229,000 | 1.61% |
| Cidara Therapeutics Inc |
Closed
1,677,194
|
$1,268,462,000 | |
| Cidara Therapeutics Inc |
Opened
79,908
|
$954,102,000 | 0.72% |
| Synchrony Financial |
Opened
12,156
|
$573,642,000 | 0.44% |
| AMGEN Inc. |
51.83%
1,784
|
$557,411,000 | 0.42% |
| Extra Space Storage Inc. |
Opened
3,468
|
$538,962,000 | 0.41% |
| Bank New York Mellon Corp |
Opened
8,990
|
$538,411,000 | 0.41% |
| Kimberly-Clark Corp. |
Closed
3,751
|
$509,198,000 | |
| Southwest Airls Co |
Opened
17,493
|
$500,475,000 | 0.38% |
| Blackrock Inc. |
45.88%
620
|
$488,138,000 | 0.37% |
| Abbvie Inc |
Opened
2,843
|
$487,631,000 | 0.37% |
| Mondelez International Inc. |
Opened
7,324
|
$479,283,000 | 0.36% |
| Mcdonalds Corp |
Opened
1,828
|
$465,777,000 | 0.35% |
| Darden Restaurants, Inc. |
Opened
3,066
|
$463,947,000 | 0.35% |
| Viatris Inc. |
Opened
42,969
|
$456,760,000 | 0.35% |
| Honeywell International Inc |
Closed
2,110
|
$452,173,000 | |
| Sysco Corp. |
Opened
6,322
|
$451,328,000 | 0.34% |
| Prologis Inc |
Opened
3,999
|
$449,128,000 | 0.34% |
| Smucker J M Co |
Opened
4,093
|
$446,301,000 | 0.34% |
| Merck & Co Inc |
Closed
4,000
|
$443,800,000 | |
| Exxon Mobil Corp. |
Closed
4,000
|
$441,200,000 | |
| American Tower Corp. |
Opened
2,218
|
$431,135,000 | 0.33% |
| Procter And Gamble Co |
Closed
2,700
|
$409,212,000 | |
| C.H. Robinson Worldwide, Inc. |
Opened
4,639
|
$408,789,000 | 0.31% |
| Pepsico Inc |
Closed
2,200
|
$397,452,000 | |
| Home Depot, Inc. |
0.09%
1,149
|
$395,532,000 | 0.30% |
| Fifth Third Bancorp |
Opened
10,640
|
$388,254,000 | 0.29% |
| Illinois Tool Wks Inc |
Closed
1,750
|
$385,525,000 | |
| Eaton Corp Plc |
Closed
2,450
|
$384,528,000 | |
| Pfizer Inc. |
Closed
7,189
|
$368,364,000 | |
| Cummins Inc. |
Closed
1,500
|
$363,435,000 | |
| Wisdomtree Tr |
100.00%
8,020
|
$362,584,000 | 0.28% |
| Bank America Corp |
Closed
10,600
|
$351,072,000 | |
| Waste Mgmt Inc Del |
Closed
2,200
|
$345,136,000 | |
| Coca-Cola Co |
Closed
5,350
|
$340,314,000 | |
| Berkshire Hathaway Inc. |
Closed
1,100
|
$339,790,000 | |
| JPMorgan Chase & Co. |
Closed
2,500
|
$335,250,000 | |
| Alphabet Inc |
Closed
3,500
|
$310,555,000 | |
| Northern Lights Fund Trust |
Closed
3,000
|
$308,970,000 | |
| Apple Inc |
Closed
2,350
|
$305,376,000 | |
| Spectrum Pharmaceuticals, Inc. |
Closed
787,973
|
$290,368,000 | |
| National Fuel Gas Co. |
Closed
4,500
|
$284,850,000 | |
| Seagate Technology Hldngs Pl |
Opened
2,710
|
$279,862,000 | 0.21% |
| Medtronic Plc |
Closed
3,500
|
$272,020,000 | |
| Dow Inc |
Closed
5,300
|
$267,067,000 | |
| Microsoft Corporation |
Closed
1,075
|
$257,807,000 | |
| Clorox Co. |
Opened
1,875
|
$255,881,000 | 0.19% |
| Disney Walt Co |
Closed
2,901
|
$252,039,000 | |
| Qualcomm, Inc. |
Closed
2,231
|
$245,276,000 | |
| CVS Health Corp |
22.88%
4,055
|
$239,488,000 | 0.18% |
| Intel Corp. |
Closed
8,200
|
$216,726,000 | |
| Verizon Communications Inc |
Closed
5,489
|
$216,267,000 | |
| Blackstone Inc |
Closed
2,900
|
$215,151,000 | |
| Spdr Gold Tr |
Closed
1,200
|
$203,568,000 | |
| Assertio Holdings, Inc. |
Opened
128,448
|
$159,276,000 | 0.12% |
| Robinhood Mkts Inc |
Closed
13,158
|
$107,106,000 | |
| Eaton Vance Calif Mun Bd Fd |
18.82%
10,658
|
$101,358,000 | 0.08% |
| Open Lending, LLC |
No change
12,000
|
$66,960,000 | 0.05% |
| No transactions found | |||
| Showing first 500 out of 62 holdings | |||