Q4 2025 · 13F-HR
Athena Investment Managementholdings as filed
Filed 2026-02-12 · accession 0001921093-26-000001
$195.2M
Reported value
155
Positions
2025-12-31
Period end
The Brief · Athena Investment Management · Q4 2025
AI · grounded in 13F
Athena Investment Management closed its position in Kellanova Company K, reducing its exposure by $408,706. The fund established a new position in Accenture Ltd. ACN valued at $306,935. Additionally, the fund increased its holdings in Vanguard FTSE Developed Markets ETF VEA by 35.69% and Vanguard Large Cap ETF VV by 15.02%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 808524201 | SCHX | Schwab U.S. Large-Cap ETF | $35.2M | 18.0% | 1,306,764 | Common | SOLE |
| 808524805 | SCHF | Schwab International Equity ETF | $9.0M | 4.61% | 374,454 | Common | SOLE |
| 808524607 | SCHA | Schwab U.S. Small-Cap ETF | $8.5M | 4.37% | 299,745 | Common | SOLE |
| 46625H100 | JPM | JP Morgan Chase & Co. | $7.8M | 4.01% | 24,278 | Common | SOLE |
| 594918104 | MSFT | Microsoft Corp | $6.7M | 3.46% | 13,947 | Common | SOLE |
| 037833100 | AAPL | Apple Inc. | $4.6M | 2.37% | 17,021 | Common | SOLE |
| 808524300 | SCHG | Schwab U.S. Large-Cap Growth ETF | $4.2M | 2.14% | 128,302 | Common | SOLE |
| 910581107 | — | UnitedHealth Group Inc. | $4.1M | 2.09% | 12,353 | Common | SOLE |
| 75513E101 | RTX | RTX Corp. | $2.8M | 1.44% | 15,296 | Common | SOLE |
| 00287Y109 | ABBV | AbbVie Inc. | $2.6M | 1.33% | 11,340 | Common | SOLE |
| 369604103 | GE | GE Aerospace | $2.6M | 1.32% | 8,368 | Common | SOLE |
| 808524508 | SCHM | Schwab U.S. Mid-Cap ETF | $2.5M | 1.28% | 82,959 | Common | SOLE |
| 922908637 | VV | Vanguard Large Cap ETF | $2.4M | 1.22% | 7,591 | Common | SOLE |
| 464287655 | IWM | iShares Russell 2000 Index | $2.4M | 1.21% | 9,629 | Common | SOLE |
| 713448108 | PEP | Pepsico Inc. | $2.4M | 1.20% | 16,383 | Common | SOLE |
| 11135F101 | AVGO | Broadcom Inc. | $2.2M | 1.13% | 6,351 | Common | SOLE |
| 437076102 | HD | Home Depot | $2.2M | 1.11% | 6,281 | Common | SOLE |
| 464287465 | EFA | IShares MSCI EAFE Index | $2.0M | 1.03% | 20,869 | Common | SOLE |
| 001055102 | AFL | Aflac Inc | $1.9M | 1.00% | 17,676 | Common | SOLE |
| 459200101 | IBM | International Business Machines | $1.9M | 0.98% | 6,435 | Common | SOLE |
| 478160104 | JNJ | Johnson & Johnson | $1.7M | 0.89% | 8,413 | Common | SOLE |
| 922908736 | VUG | Vanguard Growth ETF | $1.7M | 0.89% | 3,566 | Common | SOLE |
| 458140100 | INTC | Intel Corp | $1.7M | 0.85% | 45,128 | Common | SOLE |
| 166764100 | CVX | Chevron Corporation | $1.6M | 0.83% | 10,690 | Common | SOLE |
| 06605F102 | — | Bank of America Corp | $1.6M | 0.83% | 29,419 | Common | SOLE |
| 464287200 | IVV | iShares S&P 500 Index | $1.6M | 0.81% | 2,307 | Common | SOLE |
| 666807102 | NOC | Northrop Grumman Corp | $1.5M | 0.79% | 2,699 | Common | SOLE |
| 808524706 | SCHE | Schwab Emerging Markets Equity ETF | $1.5M | 0.78% | 46,474 | Common | SOLE |
| 02079K305 | GOOGL | Alphabet Inc. Cl. A | $1.5M | 0.77% | 4,827 | Common | SOLE |
| 30231G102 | XOM | Exxon Mobil Corporation | $1.5M | 0.75% | 12,220 | Common | SOLE |
| 532457108 | LLY | Lilly (Eli) & C. | $1.4M | 0.71% | 1,281 | Common | SOLE |
| 92204A306 | VDE | Vanguard Energy Sector ETF | $1.3M | 0.69% | 10,708 | Common | SOLE |
| 002824100 | ABT | Abbott Laboratories | $1.3M | 0.67% | 10,497 | Common | SOLE |
| 717081103 | PFE | Pfizer Inc. | $1.3M | 0.67% | 52,302 | Common | SOLE |
| 81369Y803 | XLK | Technology Select Sector SPDR ETF | $1.3M | 0.67% | 9,020 | Common | SOLE |
| 17275R102 | CSCO | Cisco Systems Inc. | $1.3M | 0.66% | 16,811 | Common | SOLE |
| 084670702 | BRK/B | Berkshire Hathaway Cl. B | $1.3M | 0.66% | 2,549 | Common | SOLE |
| 031162100 | AMGN | Amgen Incorporated | $1.3M | 0.65% | 3,883 | Common | SOLE |
| 580135101 | MCD | McDonalds Corp | $1.2M | 0.62% | 3,980 | Common | SOLE |
| 921943858 | VEA | Vanguard FTSE Developed Markets ETF | $1.2M | 0.60% | 18,642 | Common | SOLE |
| 808524409 | SCHV | Schwab U.S. Large-Cap Value ETF | $1.1M | 0.58% | 38,510 | Common | SOLE |
| 001957109 | — | AT&T Inc. | $1.1M | 0.58% | 45,446 | Common | SOLE |
| 92343V104 | VZ | Verizon Communications | $1.1M | 0.56% | 26,836 | Common | SOLE |
| 42824C109 | HPE | Hewlett Packard Enterprises | $1.0M | 0.53% | 43,432 | Common | SOLE |
| 655844108 | NSC | Norfolk Southern Corp | $1.0M | 0.52% | 3,543 | Common | SOLE |
| 494368103 | KMB | Kimberly-Clark Corp | $1.0M | 0.52% | 10,019 | Common | SOLE |
| 747525103 | QCOM | QUALCOMM Inc. | $959,621 | 0.49% | 5,610 | Common | SOLE |
| 40434L105 | HPQ | HP Inc. | $938,099 | 0.48% | 42,105 | Common | SOLE |
| 58933Y105 | MRK | Merck & Company Inc | $923,917 | 0.47% | 8,777 | Common | SOLE |
| 46090E103 | QQQ | Invesco QQQ Trust | $916,061 | 0.47% | 1,491 | Common | SOLE |
| 742718109 | PG | Procter & Gamble Co. | $913,990 | 0.47% | 6,378 | Common | SOLE |
| 949746101 | WMT2 | Wells Fargo | $897,982 | 0.46% | 9,635 | Common | SOLE |
| 922908629 | VO | Vanguard Mid-Cap ETF | $896,122 | 0.46% | 3,088 | Common | SOLE |
| 502431109 | LHX | L3Harris Technologies Inc. | $891,279 | 0.46% | 3,036 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA Corp. | $850,333 | 0.44% | 4,559 | Common | SOLE |
| 149123101 | CAT | Caterpillar Inc | $839,827 | 0.43% | 1,466 | Common | SOLE |
| 039483102 | ADM | Archer-Daniels-Midland Co | $834,410 | 0.43% | 14,514 | Common | SOLE |
| 038222105 | AMAT | Applied Materials | $819,576 | 0.42% | 3,189 | Common | SOLE |
| 110122108 | BMY | Bristol-Myers Squibb Co | $815,303 | 0.42% | 15,115 | Common | SOLE |
| 032095101 | APH | Amphenol Corp | $813,948 | 0.42% | 6,023 | Common | SOLE |
| 92204A504 | VHT | Vanguard Health Care Sector ETF | $807,131 | 0.41% | 2,804 | Common | SOLE |
| 81369Y407 | XLY | Consumer Discretionery SPDR ETF | $800,047 | 0.41% | 6,700 | Common | SOLE |
| 92556V106 | VTRS | Viatris Inc. | $795,356 | 0.41% | 63,884 | Common | SOLE |
| 097023105 | BA | Boeing Co | $782,923 | 0.40% | 3,606 | Common | SOLE |
| 808513105 | SCHW | Charles Schwab Corp. | $770,106 | 0.39% | 7,708 | Common | SOLE |
| 438516106 | HON | Honeywell International Inc. | $760,851 | 0.39% | 3,900 | Common | SOLE |
| 452308109 | ITW | Illinois Tool Works | $760,328 | 0.39% | 3,087 | Common | SOLE |
| 922908751 | VB | Vanguard Small-Cap ETF | $752,588 | 0.39% | 2,918 | Common | SOLE |
| 931142103 | WMT | Wal-Mart Stores Inc | $741,958 | 0.38% | 6,660 | Common | SOLE |
| 025816109 | AXP | American Express Company | $732,131 | 0.38% | 1,979 | Common | SOLE |
| 759509102 | RS | Reliance Inc. | $700,221 | 0.36% | 2,424 | Common | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF | $685,151 | 0.35% | 1,005 | Common | SOLE |
| 254687106 | DIS | Disney (Walt) Co | $649,740 | 0.33% | 5,711 | Common | SOLE |
| 56585A102 | MPC | Marathon Petroleum Corp. | $639,299 | 0.33% | 3,931 | Common | SOLE |
| 882508104 | TXN | Texas Instruments, Inc. | $632,024 | 0.32% | 3,643 | Common | SOLE |
| 464287507 | IJH | iShares Core S&P Mid-Cap ETF | $624,138 | 0.32% | 9,457 | Common | SOLE |
| 032654105 | ADI | Analog Devices | $614,539 | 0.31% | 2,266 | Common | SOLE |
| 21037T109 | CEG | Constellation Energy Corp. | $610,804 | 0.31% | 1,729 | Common | SOLE |
| 36828A101 | GEV | GE Vernova Inc | $609,127 | 0.31% | 932 | Common | SOLE |
| 244199105 | DE | Deere & Co. | $603,844 | 0.31% | 1,297 | Common | SOLE |
| 921909768 | VXUS | Vanguard Total International Stock ETF | $596,127 | 0.31% | 7,902 | Common | SOLE |
| 38141G104 | GS | Goldman Sachs | $595,962 | 0.31% | 678 | Common | SOLE |
| 464288273 | SCZ | iShares MSCI EAFE Small Cap Index | $592,329 | 0.30% | 7,640 | Common | SOLE |
| 02079K107 | GOOG | Alphabet Inc. Cl. C | $582,413 | 0.30% | 1,856 | Common | SOLE |
| 294429105 | EFX | Equifax Inc. | $565,884 | 0.29% | 2,608 | Common | SOLE |
| 464287648 | IWO | iShares Russell 2000 Growth Index | $547,179 | 0.28% | 1,694 | Common | SOLE |
| 464288885 | EFG | iShares MSCI EAFE Growth Index | $526,196 | 0.27% | 4,619 | Common | SOLE |
| 585055106 | — | Medtronic Inc | $524,295 | 0.27% | 5,458 | Common | SOLE |
| 78467X109 | DIA | SPDR Dow Jones Industrial Avg. ETF | $518,120 | 0.27% | 1,078 | Common | SOLE |
| 126650100 | CVS | CVS Health Corp. | $514,173 | 0.26% | 6,479 | Common | SOLE |
| 922908595 | VBK | Vanguard Small-Cap Growth ETF | $480,355 | 0.25% | 1,590 | Common | SOLE |
| G9618E107 | WTM | White Mountain Insurance Group Ltd. | $475,869 | 0.24% | 229 | Common | SOLE |
| 922042858 | VWO | Vanguard FTSE Emerging Markets ETF | $474,217 | 0.24% | 8,821 | Common | SOLE |
| 20825C104 | COP | ConocoPhillips | $462,808 | 0.24% | 4,944 | Common | SOLE |
| 65339F101 | NEE | NextEra Energy | $458,640 | 0.23% | 5,713 | Common | SOLE |
| 620076307 | MSI | Motorola Solutions Inc. | $449,634 | 0.23% | 1,173 | Common | SOLE |
| 89417E109 | TRV | Travelers Companies | $445,242 | 0.23% | 1,535 | Common | SOLE |
| 531229870 | FWONK | Liberty Formula One Group | $444,219 | 0.23% | 4,970 | Common | SOLE |
| 053015103 | ADP | Automatic Data Processing | $441,407 | 0.23% | 1,716 | Common | SOLE |
| 68389X105 | ORCL | Oracle Corporation | $436,793 | 0.22% | 2,241 | Common | SOLE |
| 464287762 | IYH | iShares U.S. Healthcare ETF | $426,115 | 0.22% | 6,546 | Common | SOLE |
| 922908611 | VBR | Vanguard Small Cap Value ETF | $423,260 | 0.22% | 1,998 | Common | SOLE |
| 49338L103 | KEYS | Keysight Technologies | $413,695 | 0.21% | 2,036 | Common | SOLE |
| 718546104 | PSX | Phillips 66 | $407,895 | 0.21% | 3,161 | Common | SOLE |
| 00846U101 | A | Agilent Technologies | $392,018 | 0.20% | 2,881 | Common | SOLE |
| 58155Q103 | MCK | McKesson Corporation | $374,873 | 0.19% | 457 | Common | SOLE |
| 872540109 | TJX | TJX Companies | $373,272 | 0.19% | 2,430 | Common | SOLE |
| 863667101 | SYK | Stryker Corp. | $361,663 | 0.19% | 1,029 | Common | SOLE |
| 46434G764 | EMXC | iShares MSCI Emerging Markets ex-China | $359,039 | 0.18% | 4,940 | Common | SOLE |
| 14448C104 | CARR | Carrier Global Corp. | $352,126 | 0.18% | 6,664 | Common | SOLE |
| 871829107 | SYY | Sysco Corp. | $330,058 | 0.17% | 4,479 | Common | SOLE |
| 21036P108 | STZ | Constellation Brands Cl. A | $325,310 | 0.17% | 2,358 | Common | SOLE |
| 617446448 | MS | Morgan Stanley | $320,087 | 0.16% | 1,803 | Common | SOLE |
| 87165B103 | SYF | Synchrony Financial | $317,698 | 0.16% | 3,808 | Common | SOLE |
| 020002101 | ALL | Allstate Corporation | $316,804 | 0.16% | 1,522 | Common | SOLE |
| 191216100 | KO | Coca-Cola Company | $312,816 | 0.16% | 4,475 | Common | SOLE |
| 464287770 | IYG | iShares U.S. Financial Services ETF | $308,576 | 0.16% | 3,345 | Common | SOLE |
| G1151C101 | ACN | Accenture Ltd. | $306,935 | 0.16% | 1,144 | Common | SOLE |
| 81369Y605 | XLF | Financial Select Sector SPDR ETF | $305,069 | 0.16% | 5,570 | Common | SOLE |
| 15189T107 | CNP | Centerpoint Energy | $302,886 | 0.16% | 7,900 | Common | SOLE |
| 053611109 | AVY | Avery Dennison Corp | $299,738 | 0.15% | 1,648 | Common | SOLE |
| 009158106 | APD | Air Products & Chemicals | $286,296 | 0.15% | 1,159 | Common | SOLE |
| 548661107 | LOW | Lowes Co Inc | $274,552 | 0.14% | 1,138 | Common | SOLE |
| 20030N101 | CMCSA | Comcast Corporation Class A | $274,360 | 0.14% | 9,179 | Common | SOLE |
| 934423104 | WBD | Warner Bros. Discovery Inc. | $274,309 | 0.14% | 9,518 | Common | SOLE |
| 92204A603 | VIS | Vanguard Industrial Sector ETF | $272,421 | 0.14% | 913 | Common | SOLE |
| 464287622 | IWB | Ishares Russell 1000 ETF | $266,022 | 0.14% | 712 | Common | SOLE |
| 023135106 | AMZN | Amazon.com Inc | $263,366 | 0.13% | 1,141 | Common | SOLE |
| 922042718 | VSS | Vanguard FTSE All-World Ex-US Small Cap ETF | $257,994 | 0.13% | 1,800 | Common | SOLE |
| 50540R409 | LSI | Labcorp Holdings Inc. | $257,654 | 0.13% | 1,027 | Common | SOLE |
| 488401100 | KMPR | Kemper Corporation | $255,807 | 0.13% | 6,310 | Common | SOLE |
| 369550108 | GD | General Dynamics Corp. | $255,525 | 0.13% | 759 | Common | SOLE |
| 92189F601 | NLR | Vaneck Uranium & Nuclear Energy ETF | $248,400 | 0.13% | 2,000 | Common | SOLE |
| 22052L104 | CTVA | Corteva Inc. | $247,810 | 0.13% | 3,697 | Common | SOLE |
| 36266G107 | GEHC | GE Healthcare Technologies Inc. | $247,618 | 0.13% | 3,019 | Common | SOLE |
| G8994E103 | TT | Trane Technologies plc | $246,364 | 0.13% | 633 | Common | SOLE |
| 064058100 | BK | Bank of New YorkMellon Corp. | $243,789 | 0.12% | 2,100 | Common | SOLE |
| 464287630 | IWN | iShares Russell 2000 Value Index | $240,103 | 0.12% | 1,325 | Common | SOLE |
| 14149Y108 | CAH | Cardinal Health Inc. | $238,380 | 0.12% | 1,160 | Common | SOLE |
| 428291108 | HXL | Hexcel Corp. | $237,145 | 0.12% | 3,209 | Common | SOLE |
| 49456B101 | KMI | Kinder Morgan, Inc. | $233,775 | 0.12% | 8,504 | Common | SOLE |
| 25746U109 | D | Dominion Energy Inc. | $233,188 | 0.12% | 3,980 | Common | SOLE |
| 674599105 | OXY | Occidental Petroleum | $222,459 | 0.11% | 5,410 | Common | SOLE |
| 464287499 | IWR | iShares Russell Mid-Cap Index | $221,344 | 0.11% | 2,299 | Common | SOLE |
| G29183103 | ETN | Eaton Corp. | $221,046 | 0.11% | 694 | Common | SOLE |
| 260557103 | DOW | Dow Inc. | $219,071 | 0.11% | 9,370 | Common | SOLE |
| 464287481 | IWP | IShares Russell Mid-Cap Growth ETF | $217,765 | 0.11% | 1,590 | Common | SOLE |
| 375558103 | GILD | Gilead Sciences, Inc. | $214,672 | 0.11% | 1,749 | Common | SOLE |
| 842587107 | SO | Southern Company | $214,338 | 0.11% | 2,458 | Common | SOLE |
| 459506101 | IFF | International Flavors and Fragrances | $214,098 | 0.11% | 3,177 | Common | SOLE |
| 37940X102 | GPN | Global Payments Inc. | $209,135 | 0.11% | 2,702 | Common | SOLE |
| 907818108 | UNP | Union Pacific Corp. | $202,868 | 0.10% | 877 | Common | SOLE |
| 921908844 | VIG | Vanguard Dividend Appreciation ETF | $201,119 | 0.10% | 915 | Common | SOLE |
| 69331C108 | PCG | PG&E Corp | $197,822 | 0.10% | 12,310 | Common | SOLE |
| 382550101 | GT | Goodyear Tire & Rubber Co | $136,744 | 0.07% | 15,610 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.