Latest Athena Investment Management Stock Portfolio

Athena Investment Management Performance:

2025 Q4: 1.75%YTD: 14.56%2024: -18.42%

Performance for 2025 Q4 is 1.75%, and YTD is 14.56%, and 2024 is -18.42%.

About Athena Investment Management and 13F Hedge Fund Stock Holdings

On 2026-02-12, the fund reported it's updated stock portfolio. In the 13F Holdings report, Athena Investment Management reported an equity portfolio of $195.2 Millions as of 31 Dec, 2025.

The top stock holdings of Athena Investment Management are FNDA, FNDA, FNDA. The fund has invested 18% of it's portfolio in SCHWAB U.S. LARGE-CAP ETF and 4.6% of portfolio in SCHWAB INTERNATIONAL EQUITY ETF.

The fund managers got completely rid off KELLANOVA COMPANY (K), DUPONT DE NEMOURS INC. (DD) and VALERO ENERGY CORP. (VLO) stocks. They significantly reduced their stock positions in FINANCIAL SELECT SECTOR SPDR ETF (XLB), CARDINAL HEALTH INC. (CAH) and TJX COMPANIES (TJX). Athena Investment Management opened new stock positions in ACCENTURE LTD. (ACN), WARNER BROS. DISCOVERY INC. (WBD) and GILEAD SCIENCES, INC. (GILD). The fund showed a lot of confidence in some stocks as they added substantially to VANGUARD FTSE EMERGING MARKETS ETF (VEU), VANGUARD TOTAL INTERNATIONAL STOCK ETF (VXUS) and VANGUARD FTSE DEVELOPED MARKETS ETF (VEA).

Athena Investment Management Annual Return Estimates Vs S&P 500

Our best estimate is that Athena Investment Management made a return of 1.75% in the last quarter. In trailing 12 months, it's portfolio return was 14.56%.

Performance
S&P 500

New Buys

Ticker	$ Bought
accenture ltd.	306,935
warner bros. discovery inc.	274,309
gilead sciences, inc.	214,672
international flavors and fragrances	214,098
vanguard dividend appreciation etf	201,119

New stocks bought by Athena Investment Management

Additions

Ticker	% Inc.
vanguard ftse emerging markets etf	76.17
vanguard total international stock etf	35.82
vanguard ftse developed markets etf	35.69
vanguard small-cap etf	17.19
vanguard large cap etf	15.02
vanguard mid-cap etf	5.18
vanguard energy sector etf	4.1
viatris inc.	3.89

Additions to existing portfolio by Athena Investment Management

Reductions

Ticker	% Reduced
financial select sector spdr etf	-50.75
cardinal health inc.	-27.45
tjx companies	-26.74
eaton corp.	-19.49
occidental petroleum	-18.3
vanguard small-cap growth etf	-16.97
american express company	-14.37
synchrony financial	-13.49

Athena Investment Management reduced stake in above stock

Sold off

Ticker	$ Sold
hanes brands	-127,806
dupont de nemours inc.	-249,046
kellanova company	-408,706
xylem, inc.	-202,813
valero energy corp.	-224,743

Athena Investment Management got rid off the above stocks

Sector Distribution

Athena Investment Management has about 50.5% of it's holdings in Others sector.

Sector	%
Others	50.5
Technology	13.7
Industrials	7.8
Financial Services	7.8
Healthcare	7.7
Consumer Defensive	3.5
Energy	2.6
Consumer Cyclical	2.4
Communication Services	2.1

Market Cap. Distribution

Athena Investment Management has about 48.9% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	50.5
MEGA-CAP	30
LARGE-CAP	18.9

Stocks belong to which Index?

About 48.7% of the stocks held by Athena Investment Management either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	51
S&P 500	48.7

Top 5 Winners (%)		%
XLB	financial select sector spdr etf	77.1 %
LLY	lilly (eli) & c.	40.5 %
GOOG	alphabet inc. cl. a	28.6 %
GOOG	alphabet inc. cl. c	28.4 %
CAH	cardinal health inc.	26.7 %

Top 5 Winners ($)		$
FNDA	schwab u.s. large-cap etf	0.7 M
LLY	lilly (eli) & c.	0.4 M
GOOG	alphabet inc. cl. a	0.3 M
AAPL	apple inc.	0.3 M
FNDA	schwab international equity etf	0.3 M

Top 5 Losers (%)		%
ORCL	oracle corporation	-30.7 %
KMPR	kemper corporation	-21.4 %
KMB	kimberly-clark corp	-18.9 %
HPQ	hp inc.	-18.2 %
MSI	motorola solutions inc.	-16.2 %

Top 5 Losers ($)		$
MSFT	microsoft corp	-0.5 M
HD	home depot	-0.4 M
KMB	kimberly-clark corp	-0.2 M
HPQ	hp inc.	-0.2 M
ORCL	oracle corporation	-0.2 M

Athena Investment Management Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Athena Investment Management

Athena Investment Management has 155 stocks in it's portfolio. About 43.8% of the portfolio is in top 10 stocks. MSFT proved to be the most loss making stock for the portfolio. FNDA was the most profitable stock for Athena Investment Management last quarter.

Last Reported on: 12 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
A	agilent technologies	0.20	2,881	392,018	unchanged	0.00

AAPL	apple inc.	2.37	17,021	4,627,410	reduced	-2.94

AAXJ	ishares msci eafe small cap index	0.30	7,640	592,329	unchanged	0.00

AAXJ	ishares msci eafe growth index	0.27	4,619	526,196	unchanged	0.00

ABBV	abbvie inc.	1.33	11,340	2,591,080	reduced	-0.08

ABT	abbott laboratories	0.67	10,497	1,315,170	unchanged	0.00

ACN	accenture ltd.	0.16	1,144	306,935	new

ADI	analog devices	0.32	2,266	614,539	unchanged	0.00

ADM	archer-daniels-midland co	0.43	14,514	834,410	unchanged	0.00

ADP	automatic data processing	0.23	1,716	441,407	unchanged	0.00

AFK	vaneck uranium & nuclear energy etf	0.13	2,000	248,400	unchanged	0.00

AFL	aflac inc	1.00	17,676	1,949,130	reduced	-0.48

ALL	allstate corporation	0.16	1,522	316,804	unchanged	0.00

AMAT	applied materials	0.42	3,189	819,576	reduced	-2.51

AMGN	amgen incorporated	0.65	3,883	1,270,940	added	0.23

AMZN	amazon.com inc	0.14	1,141	263,366	unchanged	0.00

APD	air products & chemicals	0.15	1,159	286,296	unchanged	0.00

APH	amphenol corp	0.42	6,023	813,948	added	3.29

AVGO	broadcom inc.	1.13	6,351	2,198,080	added	2.17

AVY	avery dennison corp	0.15	1,648	299,738	unchanged	0.00