ATHENA CAPITAL ADVISORS LLC
Registered adviserFiles via
FRANKLIN RESOURCES INC
Filing Date
Global Rank
#1,800
/ 5,430
▼ 60
· as of Jun 2020
Top Industry
Diagnostics & Research
16.4%
Period ended 6 years ago
Filed Aug 11, 2020 · 6y
2 quarters · since Mar 2020
Regulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
Holder type
Registered adviser
Form ADV roster, Oct 1, 2026
Regulatory AUM
$7,670,582,308
Main clients
Individuals and high net worth
(78% of AUM)
Private funds
7 funds
· Other private funds
Focus by gross assets, Schedule D of Dec 23, 2024
$695,733,434 gross assets
LEI
2549008ML8G84N6HCJ75
Private funds on Schedule D 7.B.(1)
As filed Dec 23, 2024; SEC's bulk Form ADV archive ends with 2024 filings.
$676,196,343 gross assets in 7 funds
Other private funds
$644,964,992
(6)
Hedge funds
$31,231,351
(1)
Form ADV history
Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.
| Rosters | Regulatory AUM | Main clients |
|---|---|---|
| Jan 2026 to Oct 2026 | $7,670,582,308 | Individuals and high net worth (78%) |
| Jan 2025 to Dec 2025 | $6,324,878,192 | Individuals and high net worth (74%) |
| Mar 2024 to Dec 2024 | $5,464,877,027 | Individuals and high net worth (71%) |
| Jan 2024 to Feb 2024 | $5,464,877,027 | Individuals and high net worth (71%) |
| May 2023 to Dec 2023 | $5,224,573,345 | Individuals and high net worth (72%) |
| Jan 2023 to Apr 2023 | $5,224,573,345 | Individuals and high net worth (72%) |
4 earlier changes not shown.
Portfolio style
Measured from the filed 13F common-share book for Jun 30, 2020, never from the firm's own description.
Style
Diversified active
Top 10 weight 59.5%, 19.6 effective positions, active share 72.0% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests
Turnover
Turnover unknown
It needs four straight quarters of measured turnover
Horizon
Horizon unknown
The value-weighted holding period is at least 2.0 quarters, but 98.8% of the book was already held when coverage starts
Closest benchmark: every 13F filer's combined book, active share 72.0%; sector active share 32.0% against the combined 13F book's sector weights.
Over time 2 measured quarters
How the bands are measured
Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.
Clone Performance
Build a hypothetical price-return history from this filer's public 13F holdings.
View clone backtestPortfolio Concentration
129 tracked positions · as of Jun 30, 2020 · Δ vs Mar 31, 2020Top Position
10.8%
+0.3 pts
Top 5
43.0%
+2.1 pts
Top 10
59.4%
+2.8 pts
HHI
508
Diversified+41
Portfolio Trend
2 quarters · across all stocks
Sector Breakdown
As of Jun 30, 2020| Sector | % Portfolio | Value |
|---|---|---|
| Unclassified | 31.0% | $166,348,749 |
| Technology | 22.1% | $118,445,946 |
| Healthcare | 16.0% | $85,878,273 |
| Financial Services | 11.0% | $59,207,943 |
| Industrials | 8.3% | $44,844,310 |
| Communication Services | 7.3% | $39,458,021 |
| Consumer Cyclical | 3.0% | $16,135,460 |
| Real Estate | 0.7% | $3,965,653 |
| Consumer Defensive | 0.4% | $2,327,439 |
| Basic Materials | 0.1% | $501,726 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| IAU | Ishares Gold Trust | +116,658 | 3,307,914 | $56,201,458 | |
| IWV | iShares Russell 3000 ETF | +80,124 | 114,220 | $0 | |
| VNQ | VANGUARD REAL ESTATE INDEX FUND | +54,470 | 72,997 | $5,732,454 | |
| GLDM | World Gold Trust | +32,439 | 92,111 | $1,635,891 | |
| VEA | Vanguard FTSE Developed Markets ETF | +27,068 | 305,023 | $11,831,842 | |
| — | +8,511 | 416,859 | $0 | ||
| VWO | VANGUARD EMERGING MARKETS STOCK INDEX FUND | +5,259 | 16,517 | $654,238 | |
| TSM | Taiwan Semiconductor Manufacturing Co Ltd | +5,160 | 64,114 | $3,639,751 | |
| MDT | Medtronic plc | +4,164 | 88,212 | $8,089,040 | |
| VTI | VANGUARD TOTAL STOCK MARKET INDEX FUND | +3,632 | 15,036 | $2,353,585 | |
| LRCX | Lam Research Corp | +3,500 | 18,500 | $5,984,010 | |
| ETW | Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund | +3,386 | 203,662 | $1,761,676 | |
| PGR | Progressive Corp | +2,981 | 224,862 | $18,013,694 | |
| CB | Chubb Ltd | +2,231 | 7,587 | $960,665 | |
| ETV | Eaton Vance Tax-Managed Buy-Write Opportunities Fund | +1,910 | 313,088 | $4,420,802 | |
| AAPL | Apple Inc. | +1,897 | 65,623 | $23,939,270 | |
| MSFT | Microsoft Corp | +1,709 | 89,717 | $18,258,306 | |
| JUST | Goldman Sachs JUST U.S. Large Cap Equity ETF | +1,073 | 18,145 | $814,710 | |
| AMAT | Applied Materials Inc | +813 | 32,085 | $1,939,538 | |
| MGC | VANGUARD MORNINGSTAR MEGA CAP INDEX FUND | +748 | 9,796 | $1,072,172 | |
| TMO | Thermo Fisher Scientific Inc. | +708 | 160,388 | $58,114,987 | |
| MA | Mastercard Inc | +680 | 14,272 | $4,220,230 | |
| INTC | Intel Corp | +634 | 124,483 | $7,447,817 | |
| V | Visa Inc. | +600 | 3,329 | $643,062 | |
| — | +550 | 28,359 | $0 | ||
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| REET | iShares Global REIT ETF | −184,248 | 44,501 | $0 | |
| BTI | British American Tobacco p.l.c. | −132,792 | 14,241 | $552,835 | |
| — | −94,800 | 33,607 | $0 | ||
| XLE | State Street(R) Energy Select Sector SPDR(R) ETF | −94,411 | 25,352 | $959,573 | |
| IDV | iShares International Select Dividend ETF | −73,261 | 77,674 | $0 | |
| IVV | iShares Core S&P 500 ETF | −41,804 | 4,558 | $0 | |
| GLW | Corning Inc | −34,900 | 11,494 | $297,694 | |
| VZ | Verizon Communications Inc | −31,978 | 6,098 | $336,182 | |
| GUNR | FlexShares Morningstar Global Upstream Natural Resources Index Fund | −22,401 | 134,689 | $3,722,803 | |
| DVY | iShares Select Dividend ETF | −21,715 | 122,882 | $0 | |
| JPM | Jpmorgan Chase & Co | −17,028 | 12,842 | $1,207,918 | |
| IJH | iShares Core S&P Mid-Cap ETF | −16,513 | 2,300 | $0 | |
| JNJ | Johnson & Johnson | −12,678 | 92,206 | $12,966,929 | |
| BAC | Bank Of America Corp | −10,490 | 80,628 | $1,914,915 | |
| CCI | Crown Castle Inc. | −10,417 | 2,402 | $401,974 | |
| EEM | iShares MSCI Emerging Markets ETF | −9,023 | 30,019 | $1,200,459 | |
| EMR | Emerson Electric Co | −7,856 | 26,104 | $1,619,231 | |
| IJR | iShares Core S&P Small-Cap ETF | −4,029 | 55,768 | $0 | |
| ETN | Eaton Corp plc | −3,017 | 138,368 | $12,104,432 | |
| QCOM | Qualcomm Inc | −2,833 | 46,125 | $4,207,061 | |
| IWM | iShares Russell 2000 ETF | −2,516 | 29,999 | $0 | |
| ORCL | Oracle Corp | −2,080 | 79,492 | $4,393,522 | |
| SEDG | Solaredge Technologies, Inc. | −1,190 | 108,578 | $15,068,454 | |
| PEP | Pepsico Inc | −834 | 1,530 | $202,357 | |
| GDX | VanEck Gold Miners ETF | −811 | 111,254 | $4,080,796 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
19 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| VIGI | Vanguard Whitehall Funds | 24,888 | $1,669,487 | |
| ASML | Asml Holding NV | 2,451 | $902,041 | |
| VTV | VANGUARD VALUE INDEX FUND | 9,054 | $901,687 | |
| FNV | FRANCO NEVADA Corp | 3,593 | $501,726 | |
| INSM | INSMED Inc | 15,000 | $413,100 | |
| DIS | Walt Disney Co | 2,959 | $329,958 | |
| — | 2,060 | $281,581 | ||
| IQV | Iqvia Holdings Inc. | 1,678 | $238,074 | |
| TMUS | T-Mobile US, Inc. | 2,121 | $220,902 | |
| GILD | Gilead Sciences, Inc. | 2,809 | $216,124 | |
| NFLX | Netflix Inc | 453 | $206,133 | |
| ZM | Zoom Communications, Inc. | 808 | $204,860 | |
| SPHR | Sphere Entertainment Co. | 2,699 | $202,424 | |
| ITOT | iShares Core S&P Total U.S. Stock Market ETF | 3,070 | $0 | |
| REM | iShares Mortgage Real Estate ETF | 8,514 | $0 | |
| SHY | iShares 1-3 Year Treasury Bond ETF | 3,459 | $0 | |
| SUB | iShares Short-Term National Muni Bond ETF | 4,716 | $0 | |
| ITA | iShares U.S. Aerospace & Defense ETF | 2,356 | $0 | |
| IWR | iShares Russell Mid-Cap ETF | 10,986 | $0 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| BMY | Bristol Myers Squibb Co | 50,706 | $2,826,352 | |
| MO | Altria Group, Inc. | 58,200 | $2,250,594 | |
| SCHF | Schwab International Equity ETF | 75,000 | $1,938,000 | |
| CVS | CVS HEALTH Corp | 26,541 | $1,574,677 | |
| DUK | Duke Energy CORP | 18,900 | $1,528,632 | |
| UPS | United Parcel Service Inc | 16,160 | $1,509,667 | |
| T | At&T Inc. | 46,371 | $1,351,713 | |
| GS | Goldman Sachs Group Inc | 5,015 | $775,268 | |
| SCHC | Schwab International Small-Cap Equity ETF | 25,000 | $610,000 | |
| DBC | Invesco DB Commodity Index Tracking Fund | 46,781 | $526,286 | |
| VYM | VANGUARD HIGH DIVIDEND YIELD INDEX FUND | 6,450 | $456,337 | |
| VOD | Vodafone Group Public Ltd Co | 30,644 | $421,967 | |
| FNDF | Schwab Fundamental International Equity ETF | 20,000 | $420,600 | |
| PFG | Principal Financial Group Inc | 10,520 | $329,696 | |
| IDLV | Invesco S&P International Developed Low Volatility ETF | 12,500 | $328,625 | |
| SPEU | State Street(R) SPDR(R) Portfolio Europe ETF | 10,000 | $269,400 | |
| KBE | State Street(R) SPDR(R) S&P(R) Bank ETF | 8,300 | $223,768 | |
| SCHE | Schwab Emerging Markets Equity ETF | 10,000 | $206,900 | |
| BBEU | JPMorgan BetaBuilders Europe ETF | 10,017 | $191,825 | |
| AWP | abrdn Global Premier Properties Fund | 32,872 | $139,377 | |
| NMRK | Newmark Group, Inc. | 28,400 | $120,700 | |
| BGY | BlackRock Enhanced International Dividend Trust | 18,590 | $83,655 | |
| PFF | iShares Preferred and Income Securities ETF | 13,700 | $0 | |
| IEMG | iShares Trust | 8,556 | $0 | |
| — | 350,778 | $0 | ||
| No positions match the current search. | ||||
129 tracked positions ·
$537,113,520 total
· filing declares
134 positions · $609,973,000
· as of Jun 30, 2020
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Financial Services
Healthcare
Industrials
Real Estate
Technology
Showing 1–50
of 129 positions by value
· page 1 of 3
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| TMO |
Thermo Fisher Scientific Inc.
Healthcare
|
Added | 160,388 | $58,114,987 | 10.82% | |
| SPY |
Spdr S&P 500 ETF Trust
|
Reduced | 184,402 | $56,862,200 | 10.59% | |
| IAU |
Ishares Gold Trust
|
Added | 3,307,914 | $56,201,458 | 10.46% | |
| NDSN |
Nordson Corp
Industrials
|
Held | 129,382 | $24,545,059 | 4.57% | |
| AAPL |
Apple Inc.
Technology
|
Added | 65,623 | $23,939,270 | 4.46% | |
| GOOG |
Alphabet Inc.
Communication Services
|
Added | 12,955 | $18,313,000 | 3.41% | |
| MSFT |
Microsoft Corp
Technology
|
Added | 89,717 | $18,258,306 | 3.40% | |
| PGR |
Progressive Corp
Financial Services
|
Added | 224,862 | $18,013,694 | 3.35% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Reduced | 11,933 | $16,921,590 | 3.15% | |
| SEDG |
Solaredge Technologies, Inc.
Technology
|
Reduced | 108,578 | $15,068,454 | 2.81% | |
| JNJ |
Johnson & Johnson
Healthcare
|
Reduced | 92,206 | $12,966,929 | 2.41% | |
| ETN |
Eaton Corp plc
Industrials
|
Reduced | 138,368 | $12,104,432 | 2.25% | |
| VEA |
Vanguard FTSE Developed Markets ETF
|
Added | 305,023 | $11,831,842 | 2.20% | |
| HD |
Home Depot, Inc.
Consumer Cyclical
|
Reduced | 44,636 | $11,181,764 | 2.08% | |
| BRK-A |
Berkshire Hathaway Inc
Financial Services
|
Reduced | 37 | $9,890,100 | 1.84% | |
| MRSH |
Marsh & Mclennan Companies, Inc.
Financial Services
|
Held | 89,390 | $9,597,804 | 1.79% | |
| NVDA |
Nvidia Corp
Technology
|
Reduced | 25,204 | $9,575,302 | 1.78% | |
| SAP |
Sap SE
Technology
|
Held | 65,500 | $9,170,000 | 1.71% | |
| GLD |
Spdr Gold Trust
|
Added | 53,057 | $8,880,150 | 1.65% | |
| MDT |
Medtronic plc
Healthcare
|
Added | 88,212 | $8,089,040 | 1.51% | |
| INTC |
Intel Corp
Technology
|
Added | 124,483 | $7,447,817 | 1.39% | |
| LRCX |
Lam Research Corp
Technology
|
Added | 18,500 | $5,984,010 | 1.11% | |
| VNQ |
VANGUARD REAL ESTATE INDEX FUND
|
Added | 72,997 | $5,732,454 | 1.07% | |
| CSCO |
Cisco Systems, Inc.
Technology
|
Reduced | 120,429 | $5,616,808 | 1.05% | |
| MMM |
3M Co
Industrials
|
Held | 34,591 | $5,395,849 | 1.00% | |
| ACLS |
Axcelis Technologies Inc
Technology
|
Held | 177,350 | $4,939,197 | 0.92% | |
| ETV |
Eaton Vance Tax-Managed Buy-Write Opportunities Fund
Financial Services
|
Added | 313,088 | $4,420,802 | 0.82% | |
| ORCL |
Oracle Corp
Technology
|
Reduced | 79,492 | $4,393,522 | 0.82% | |
| MA |
Mastercard Inc
Financial Services
|
Added | 14,272 | $4,220,230 | 0.79% | |
| QCOM |
Qualcomm Inc
Technology
|
Reduced | 46,125 | $4,207,061 | 0.78% | |
| GDX |
VanEck Gold Miners ETF
|
Reduced | 111,254 | $4,080,796 | 0.76% | |
| GUNR |
FlexShares Morningstar Global Upstream Natural Resources Index Fund
|
Reduced | 134,689 | $3,722,803 | 0.69% | |
| TSM |
Taiwan Semiconductor Manufacturing Co Ltd
Technology
|
Added | 64,114 | $3,639,751 | 0.68% | |
| VIG |
Vanguard Specialized Funds
|
Held | 26,851 | $3,146,400 | 0.59% | |
| AMT |
American Tower Corp
Real Estate
|
Added | 11,617 | $3,003,459 | 0.56% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Added | 11,148 | $2,531,376 | 0.47% | |
| VTI |
VANGUARD TOTAL STOCK MARKET INDEX FUND
|
Added | 15,036 | $2,353,585 | 0.44% | |
| CEF |
Sprott Physical Gold & Silver Trust
Financial Services
|
Held | 118,200 | $1,997,580 | 0.37% | |
| AMAT |
Applied Materials Inc
Technology
|
Added | 32,085 | $1,939,538 | 0.36% | |
| BAC |
Bank Of America Corp
Financial Services
|
Reduced | 80,628 | $1,914,915 | 0.36% | |
| ETW |
Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund
Financial Services
|
Added | 203,662 | $1,761,676 | 0.33% | |
| AMGN |
Amgen Inc
Healthcare
|
Held | 7,197 | $1,697,484 | 0.32% | |
| HASI |
HA Sustainable Infrastructure Capital, Inc.
Financial Services
|
Held | 58,664 | $1,669,577 | 0.31% | |
| VIGI |
Vanguard Whitehall Funds
|
NEW | 24,888 | $1,669,487 | 0.31% | |
| GLDM |
World Gold Trust
|
Added | 92,111 | $1,635,891 | 0.30% | |
| EMR |
Emerson Electric Co
Industrials
|
Reduced | 26,104 | $1,619,231 | 0.30% | |
| FNF |
Fidelity National Financial, Inc.
Financial Services
|
Held | 52,812 | $1,619,215 | 0.30% | |
| BABA |
Alibaba Group Holding Ltd
Consumer Cyclical
|
Added | 7,128 | $1,537,509 | 0.29% | |
| CDW |
CDW Corp
Technology
|
Held | 12,797 | $1,486,755 | 0.28% | |
| DHR |
Danaher Corp
Healthcare
|
Added | 7,718 | $1,364,774 | 0.25% |
Showing the top 50 of 129 positions. Create a free account to see every position, past quarters, search, filters and CSV export.
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.