0001251109-11-000051.txt : 20111104
0001251109-11-000051.hdr.sgml : 20111104
20111104150748
ACCESSION NUMBER: 0001251109-11-000051
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110930
FILED AS OF DATE: 20111104
DATE AS OF CHANGE: 20111104
EFFECTIVENESS DATE: 20111104
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: ATHENA CAPITAL MANAGEMENT INC
CENTRAL INDEX KEY: 0001037798
IRS NUMBER: 232520198
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-12902
FILM NUMBER: 111180815
BUSINESS ADDRESS:
STREET 1: 50 MONUMENT ROAD
STREET 2: SUITE 201
CITY: BALA CYNWYD
STATE: PA
ZIP: 19004
BUSINESS PHONE: (484) 434-2258
MAIL ADDRESS:
STREET 1: 50 MONUMENT ROAD
STREET 2: SUITE 201
CITY: BALA CYNWYD
STATE: PA
ZIP: 19004
13F-HR
1
athena13fhr93011.txt
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F COVER PAGE
REPORT FOR THE CALENDAR QUARTER ENDED September 30, 2011
Check here if Amendment [ ]
This Amendment (check only one)
[ ] is a restatement
[ ] adds new holdings entries
Institutional Investment Manager Filing this Report:
Name: Athena Capital Management Inc.
Address: 50 Monument Rd., Suite 201, Bala Cynwyd, PA 19004
Form 13F File Number: 28-12902
===============================================================================
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Beth N. Lowson
Title: Attorney-In-Fact for David P. Cohen, President
of Athena Capital Management Inc.
Phone: (914) 220-1919 for Beth N. Lowson
or (484) 434-2258 for David P. Cohen
Signature, Place, and Date of Signing:
Athena Capital Management Inc.
By: Mr. David P. Cohen, President
By: /s/ Beth N. Lowson
Beth N. Lowson
White Plains, New York
November 4, 2011
Report Type (Check only one):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report,
and all holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for
this reporting manager are reported in this report and a portion are
reported by other reporting manager(s).)
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Managers: 0
Form 13F Information Table Entry Total: 143
Form 13F Information Table Value Total: 114,447 (thousands)
List of Other Included Managers:
No. Name Form 13F File Number
-----------------------------------------------------------------------------------------------------------------------------------
FORM 13F INFORMATION TABLE
COLUMN: 1 2 3 4 5 6 7 8
----------------------- --------- ---------- -------- --------------------- ------------- ---------- -----------------------
TITLE OF VALUE SHARES OR SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRTN MANAGERS SOLE SHARED NONE
----------------------- --------- ---------- -------- --------- ---- ---- -------------- ---------- ------- ------- -----
AEHR TEST SYSTEMS COM 00760J108 16 18100 SH SHARED-OTHER N/A 18100
AEHR TEST SYSTEMS COM 00760J108 37 40602 SH SOLE N/A 40602
AEROSONIC CORP DEL COM PAR 008015307 303 115600 SH SHARED-OTHER N/A 115600
$0.40
AEROSONIC CORP DEL COM PAR 008015307 443 168948 SH SOLE N/A 168948
$0.40
AH BELO CORP COM CL A 001282102 884 210413 SH SHARED-OTHER N/A 210413
AH BELO CORP COM CL A 001282102 963 229400 SH SOLE N/A 229400
ALLIANCE FIBER OPTIC COM NEW 018680306 226 32060 SH SHARED-OTHER N/A 32060
PRODS I
ALLIANCE FIBER OPTIC COM NEW 018680306 30 4300 SH SOLE N/A 4300
PRODS I
AMERISERV FINANC INC COM 03074A102 76 41000 SH SHARED-OTHER N/A 41000
AMERISERV FINANC INC COM 03074A102 21 11200 SH SOLE N/A 11200
AMPCO PITTSBURGH CORP COM 032037103 767 37500 SH SHARED-OTHER N/A 37500
AMPCO PITTSBURGH CORP COM 032037103 481 23500 SH SOLE N/A 23500
APCO OIL & GAS INTL SHS G0471F109 1772 23950 SH SHARED-OTHER N/A 23950
APCO OIL & GAS INTL SHS G0471F109 1998 27000 SH SOLE N/A 27000
ARGAN INC COM 04010E109 127 12478 SH SHARED-OTHER N/A 12478
ARGAN INC COM 04010E109 170 16723 SH SOLE N/A 16723
ASML HOLDINGS NY REG SHS N07059186 843 24418 SH SHARED-OTHER N/A 24418
ASTRONICS CORP COM 046433108 2071 73502 SH SHARED-OTHER N/A 73502
ASTRONICS CORP COM 046433108 2456 87145 SH SOLE N/A 87145
ATRION CORP COM 049904105 409 2000 SH SHARED-OTHER N/A 2000
ATRION CORP COM 049904105 1515 7400 SH SOLE N/A 7400
ATS CORP COM 00211E104 2655 842966 SH SHARED-OTHER N/A 842966
ATS CORP COM 00211E104 3756 1192421 SH SOLE N/A 1192421
BCSB BANCORP INC COM 055367106 86 7341 SH SHARED-OTHER N/A 7341
BCSB BANCORP INC COM 055367106 103 8765 SH SOLE N/A 8765
BELO CORP COM SER A 080555105 1061 217000 SH SHARED-OTHER N/A 217000
BELO CORP COM SER A 080555105 1345 275000 SH SOLE N/A 275000
BENEFICIAL MUTUAL COM 08173R104 186 24916 SH SOLE N/A 24916
BANCORP IN
BREEZE EASTERN CORP COM 106764103 121 13000 SH SHARED-OTHER N/A 13000
CAMDEN NATIONAL CORP COM 133034108 2211 81480 SH SHARED-OTHER N/A 81480
CAMDEN NATIONAL CORP COM 133034108 1016 37456 SH SOLE N/A 37456
CAPITAL SR LIVING CORP COM 140475104 229 37094 SH SHARED-OTHER N/A 37094
CAPITAL SR LIVING CORP COM 140475104 318 51498 SH SOLE N/A 51498
CENTURY BANCORP INC CL A 156432106 599 26450 SH SHARED-OTHER N/A 26450
MASS NON VTG
CENTURY BANCORP INC CL A 156432106 219 9663 SH SOLE N/A 9663
MASS NON VTG
CFS BANCORP INC COM 12525D102 78 17900 SH SHARED-OTHER N/A 17900
CFS BANCORP INC COM 12525D102 24 5500 SH SOLE N/A 5500
CHASE CORP COM 16150R104 2875 267410 SH SHARED-OTHER N/A 267410
CHASE CORP COM 16150R104 1803 167767 SH SOLE N/A 167767
CHARTER FINL CORP WEST COM 16122M100 423 45000 SH SHARED-OTHER N/A 45000
PT GA
CHARTER FINL CORP WEST COM 16122M100 657 70000 SH SOLE N/A 70000
PT GA
CIMATRON LTD ORD M23798107 139 44400 SH SHARED-OTHER N/A 44400
CIMATRON LTD ORD M23798107 336 107646 SH SOLE N/A 107646
CITIZENS & NORTHERN COM 172922106 295 19900 SH SHARED-OTHER N/A 19900
CORP
CITIZENS & NORTHERN COM 172922106 400 27000 SH SOLE N/A 27000
CORP
CMS BANCORP INC COM 12600U102 54 7800 SH SHARED-OTHER N/A 7800
CMS BANCORP INC COM 12600U102 83 11975 SH SOLE N/A 11975
COMMUNITY BANK SYS INC COM 203607106 316 13938 SH SHARED-OTHER N/A 13938
DAWSON GEOPHYSICAL CO COM 239359102 803 34171 SH SHARED-OTHER N/A 34171
DAWSON GEOPHYSICAL CO COM 239359102 613 26087 SH SOLE N/A 26087
DELUXE CORP COM 248019101 705 37900 SH SHARED-OTHER N/A 37900
DELUXE CORP COM 248019101 128 6900 SH SOLE N/A 6900
DONEGAL GROUP INC CL B 257701300 173 11940 SH SHARED-OTHER N/A 11940
DONEGAL GROUP INC CL B 257701300 152 10487 SH SOLE N/A 10487
DONEGAL GROUP INC CL A 257701201 288 23882 SH SHARED-OTHER N/A 23882
DONEGAL GROUP INC CL A 257701201 15 1261 SH SOLE N/A 1261
DORMAN PRODUCTS INC COM 258278100 2722 82326 SH SHARED-OTHER N/A 82326
DORMAN PRODUCTS INC COM 258278100 1012 30605 SH SOLE N/A 30605
EAGLE BANCORP MONT INC COM 26942G100 88 8400 SH SHARED-OTHER N/A 8400
EAGLE BANCORP MONT INC COM 26942G100 178 17018 SH SOLE N/A 17018
EASTERN CO COM 276317104 1260 68617 SH SHARED-OTHER N/A 68617
EASTERN CO COM 276317104 1020 55575 SH SOLE N/A 55575
ECOLOGY & ENVRNMT INC CL A 278878103 469 29804 SH SHARED-OTHER N/A 29804
ECOLOGY & ENVRNMT INC CL A 278878103 660 41891 SH SOLE N/A 41891
EDAC TECHNOLOGIES CORP COM 279285100 488 68696 SH SHARED-OTHER N/A 68696
EDAC TECHNOLOGIES CORP COM 279285100 1077 151711 SH SOLE N/A 151711
EMCLAIRE FINANCIAL COM 290828102 183 12005 SH SHARED-OTHER N/A 12005
ESCALADE INC COM 296056104 989 200206 SH SHARED-OTHER N/A 200206
ESCALADE INC COM 296056104 491 99365 SH SOLE N/A 99365
EXCEED COMPANY LTD UNIT G32335120 1 31600 SH SHARED-OTHER N/A 31600
11/08/11
EXCEED COMPANY LTD UNIT G32335120 0 15000 SH SOLE N/A 15000
11/08/11
FOSTER LB CO COM 350060109 1982 89343 SH SHARED-OTHER N/A 89343
FOSTER LB CO COM 350060109 426 19189 SH SOLE N/A 19189
FOX CHASE BANCORP COM 35137T108 136 10692 SH SOLE N/A 10692
INC NEW
GIGA TRONICS INC COM 375175106 28 13069 SH SOLE N/A 13069
GLOBAL POWER EQUIP GP I COM PAR 37941P306 3726 160264 SH SHARED-OTHER N/A 160264
$0.01
GLOBAL POWER EQUIP GP I COM PAR 37941P306 5414 232878 SH SOLE N/A 232878
$0.01
GLOBECOMM SYSTEMS INC COM 37956X103 3065 227000 SH SHARED-OTHER N/A 227000
GLOBECOMM SYSTEMS INC COM 37956X103 2398 177598 SH SOLE N/A 177598
GREAT LAKES DREDGE COM 390607109 841 207100 SH SHARED-OTHER N/A 207100
& DOCK CO
GREAT LAKES DREDGE COM 390607109 849 209207 SH SOLE N/A 209207
& DOCK CO
GTSI CORP COM 36238K103 973 212033 SH SHARED-OTHER N/A 212033
GTSI CORP COM 36238K103 913 198929 SH SOLE N/A 198929
INFUSYSTEM HLDGS INC COM 45685K102 747 786700 SH SHARED-OTHER N/A 786700
INFUSYSTEM HLDGS INC COM 45685K102 1028 1082262 SH SOLE N/A 1082262
INVESTORS BANCORP INC COM 46146P102 152 12000 SH SOLE N/A 12000
JACKSONVILLE BANCORP COM 46924R106 150 11700 SH SHARED-OTHER N/A 11700
INC MD
JACKSONVILLE BANCORP COM 46924R106 249 19442 SH SOLE N/A 19442
INC MD
JOURNAL COMMUNIC INC CL A 481130102 757 254840 SH SHARED-OTHER N/A 254840
JOURNAL COMMUNIC INC CL A 481130102 838 282237 SH SOLE N/A 282237
KAPSTONE PAPER COM 48562P103 4359 313814 SH SHARED-OTHER N/A 313814
& PACKAGING CORP
KAPSTONE PAPER COM 48562P103 6232 448634 SH SOLE N/A 448634
& PACKAGING CORP
KIMCO RLTY CORP COM 49446R109 338 22500 SH SHARED-OTHER N/A 22500
KOSS CORP COM 500692108 134 22800 SH SHARED-OTHER N/A 22800
KOSS CORP COM 500692108 98 16575 SH SOLE N/A 16575
MER TELEMANAGEMENT SHS M69676126 43 33750 SH SHARED-OTHER N/A 33750
SOLUTIONS
MER TELEMANAGEMENT SHS M69676126 26 20600 SH SOLE N/A 20600
SOLUTIONS
MOD-PAC CORP COM 607495108 389 68678 SH SHARED-OTHER N/A 68678
MOD-PAC CORP COM 607495108 469 82700 SH SOLE N/A 82700
MUTUALFIRST FINL INC COM 62845B104 198 28260 SH SHARED-OTHER N/A 28260
MUTUALFIRST FINL INC COM 62845B104 40 5666 SH SOLE N/A 5666
NORTHWEST BANCSHARES COM 667340103 536 45000 SH SHARED-OTHER N/A 45000
NORTHWEST BANCSHARES COM 667340103 341 28625 SH SOLE N/A 28625
NORWOOD FINANCIAL CORP COM 669549107 180 7479 SH SHARED-OTHER N/A 7479
NORWOOD FINANCIAL CORP COM 669549107 191 7968 SH SOLE N/A 7968
OBA FINANCIAL SVCS INC COM 67424G101 189 13200 SH SHARED-OTHER N/A 13200
OBA FINANCIAL SVCS INC COM 67424G101 317 22200 SH SOLE N/A 22200
OCONEE FED FINL CORP COM 675607105 125 11451 SH SHARED-OTHER N/A 11451
OCONEE FED FINL CORP COM 675607105 125 11451 SH SOLE N/A 11451
ONVIA INC COM NEW 68338T403 470 141200 SH SHARED-OTHER N/A 141200
ONVIA INC COM NEW 68338T403 842 252853 SH SOLE N/A 252853
PATHFINDER BANCORP INC COM 70320A103 263 30815 SH SHARED-OTHER N/A 30815
PATHFINDER BANCORP INC COM 70320A103 527 61679 SH SOLE N/A 61679
PENN MILLERS HLDG CORP COM 707561106 376 18726 SH SHARED-OTHER N/A 18726
PENN MILLERS HLDG CORP COM 707561106 618 30817 SH SOLE N/A 30817
PMFG INC COM 69345P103 5058 321164 SH SHARED-OTHER N/A 321164
PMFG INC COM 69345P103 4814 305631 SH SOLE N/A 305631
PROASSURANCE CORP COM 74267C106 769 10679 SH SHARED-OTHER N/A 10679
PROASSURANCE CORP COM 74267C106 252 3500 SH SOLE N/A 3500
PROV & WOR RAILRD CO COM 743737108 317 25500 SH SHARED-OTHER N/A 25500
PROV & WOR RAILRD CO COM 743737108 19 1500 SH SOLE N/A 1500
ROMA FINANCIAL CORP COM 77581P109 92 11200 SH SHARED-OTHER N/A 11200
ROMA FINANCIAL CORP COM 77581P109 147 17869 SH SOLE N/A 17869
SCRIPPS EW CO OHIO CL A NEW 811054402 947 135333 SH SHARED-OTHER N/A 135333
SCRIPPS EW CO OHIO CL A NEW 811054402 1194 170531 SH SOLE N/A 170531
SEARCHMEDIA HLDGS LTD SHS G8005Y106 42 25100 SH SHARED-OTHER N/A 25100
SEARCHMEDIA HLDGS LTD SHS G8005Y106 25 15000 SH SOLE N/A 15000
SEARCHMEDIA HLDGS LTD W EXP G8005Y114 4 25000 SH SHARED-OTHER N/A 25000
11/19/11
SUPERIOR UNIF GRP INC COM 868358102 161 14500 SH SHARED-OTHER N/A 14500
SUPERIOR UNIF GRP INC COM 868358102 11 1000 SH SOLE N/A 1000
TECHE HOLDING CO COM 878330109 407 13800 SH SHARED-OTHER N/A 13800
TECHE HOLDING CO COM 878330109 251 8500 SH SOLE N/A 8500
TF FINANCIAL CORP COM 872391107 741 38955 SH SHARED-OTHER N/A 38955
TF FINANCIAL CORP COM 872391107 344 18082 SH SOLE N/A 18082
UNITED ONLINE INC COM 911268100 89 17000 SH SHARED-OTHER N/A 17000
UNITED ONLINE INC COM 911268100 91 17500 SH SOLE N/A 17500
UNIVERSAL STAINLESS COM 913837100 755 29700 SH SHARED-OTHER N/A 29700
& ALLOY
US LIME & MINERAL COM 911922102 2502 62701 SH SHARED-OTHER N/A 62701
US LIME & MINERAL COM 911922102 1553 38929 SH SOLE N/A 38929
VIRCO MANUFACTURING CO COM 927651109 569 384756 SH SHARED-OTHER N/A 384756
VIRCO MANUFACTURING CO COM 927651109 667 450883 SH SOLE N/A 450883
YADKIN VLLY FNCL CORP COM 984314104 8 5064 SH SHARED-OTHER N/A 5064
YADKIN VLLY FNCL CORP COM 984314104 9 5160 SH SOLE N/A 5160
Shares reported as "Sole" under Column 6 "Investment Discretion" and Column 8 "Voting Authority"
are held by Minerva Group, LP, an affiliate of Athena Capital Management Inc.
==============================================================================
POWER OF ATTORNEY
The undersigned does hereby constitute and appoint Stephen J. Nelson, Mary
Anne Mayo, Scott M. Dubowsky, Sean W. McDowell and Beth N. Lowson,
each of The Nelson Law Firm, LLC, One North Broadway, Suite 712, White Plains,
NY 10601, signing singly, with full power of substitution, as the true and
lawful attorney of the undersigned, and authorizes and designates each of them
to sign on behalf of the undersigned, and to file filings and any amendments
thereto made by or on behalf of the undersigned in respect of the beneficial
ownership of equity securities held by the undersigned, directly, indirectly
or beneficially, pursuant to Sections 13(d), 13(g) and 16 of the Securities
Exchange Act of 1934, as amended (the "Exchange Act"), and the rules and
regulations thereunder. The undersigned acknowledges that the foregoing
attorneys-in-fact, in serving in such capacity at the request of the
undersigned, are not assuming any of the undersigned's responsibilities to
comply with Sections 13(d), 13(g) or 16 of the Exchange Act.
This Power of Attorney shall remain in full force and effect until withdrawn
by the undersigned in a signed writing delivered to the foregoing
attorneys-in-fact.
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be
executed as of this 25th day of January, 2011.
By: /s/ David P. Cohen
David P. Cohen