Empirical Finance, LLC

CIK

1572838

Location

NEWTOWN SQUARE, PA

Portfolio Value

Mid $2,333,492,315

Diversification

Diversified

Filing Date

Global Rank

#1,230 / 8,700 ▲ 165

Top Industry

Semiconductors 16.4%

Period ended 2 months ago

Filed Aug 14, 2026 · 30d

26 quarters · since Mar 2020

Portfolio Concentration

484 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

7.2%

+0.6 pts

Top 5

28.0%

+1.6 pts

Top 10

37.1%

+0.8 pts

HHI

211

Diversified+17

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	35.4%	$825,801,437	75
Financial Services	11.9%	$278,779,589	61
Communication Services	10.4%	$243,433,330	20
Industrials	9.2%	$215,588,567	79
Healthcare	9.1%	$212,806,981	65
Consumer Cyclical	9.1%	$212,102,936	58
Consumer Defensive	5.6%	$130,658,980	40
Energy	5.0%	$116,970,934	27
Utilities	2.0%	$46,958,699	31
Basic Materials	1.4%	$32,621,517	21
Unclassified	0.5%	$12,478,113	3
Real Estate	0.2%	$5,291,232	4

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
DLTR	Dollar Tree, Inc.	+66,539	73,864	$8,933,850
KLAC	Kla Corp	+43,405	48,063	$14,501,087
BKNG	Booking Holdings Inc.	+34,277	35,518	$6,330,728
T	At&T Inc.	+32,024	311,629	$6,450,720
HPQ	Hp Inc	+29,745	61,567	$1,350,779
NVDA	Nvidia Corp	+28,693	844,676	$169,011,220
DVN	Devon Energy Corp/De	+18,225	38,777	$1,602,265
AAPL	Apple Inc.	+17,132	518,315	$149,979,628
APA	APA Corp	+16,056	27,793	$905,218
CMCSA	Comcast Corp	+12,262	164,926	$4,048,933
LVS	Las Vegas Sands Corp	+11,739	23,058	$1,065,049
BBY	Best Buy Co Inc	+10,563	17,467	$1,325,395
GEHC	GE HealthCare Technologies Inc.	+10,337	23,799	$1,523,373
AOS	Smith A O Corp	+10,187	14,643	$918,408
EIX	Edison International	+9,315	22,398	$1,667,531
VLO	Valero Energy Corp/Tx	+8,862	25,476	$6,634,969
MSFT	Microsoft Corp	+8,683	254,426	$94,905,986
BAC	Bank Of America Corp /De/	+7,549	240,618	$13,710,413
CLX	Clorox Co /De/	+6,948	11,217	$1,070,550
PFE	Pfizer Inc	+6,618	197,099	$4,746,143
VZ	Verizon Communications Inc	+6,417	168,633	$7,139,921
INCY	Incyte Corp	+6,192	12,461	$1,412,578
AVGO	Broadcom Inc.	+5,920	148,958	$56,268,884
INTC	Intel Corp	+5,641	147,571	$20,605,338
WMT	Walmart Inc.	+5,357	147,788	$16,738,468
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
ET	Energy Transfer LP	−367,142	1,037,614	$19,839,179
PDLB	Ponce Financial Group, Inc.	−133,210	114,179	$2,276,729
WES	Western Midstream Partners, LP	−112,173	330,016	$14,441,500
CSWC	Capital Southwest Corp	−93,366	525,500	$12,491,135
TX	Ternium S.A.	−70,430	90,741	$3,874,640
ADT	ADT Inc.	−61,380	55,215	$358,897
MPLX	Mplx LP	−52,954	164,540	$9,268,538
PR	Permian Resources Corp	−42,225	36,644	$674,616
OMAB	Central North Airport Group	−42,177	126,166	$14,268,112
NOV	NOV Inc.	−40,241	37,695	$699,242
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−33,070	62,160	$29,685,751
CCS	Century Communities, Inc.	−31,317	42,077	$3,015,237
AX	Axos Financial, Inc.	−25,434	152,847	$14,885,769
VXUS	Vanguard Total International Stock ETF	−19,965	37,060	$3,168,259
AA	Alcoa Corp	−19,340	17,979	$937,425
PAC	Pacific Airport Group	−18,763	55,844	$14,137,467
YETI	YETI Holdings, Inc.	−17,669	15,611	$773,681
MTCH	Match Group, Inc.	−16,305	21,844	$831,164
SFM	Sprouts Farmers Market, Inc.	−15,903	89,384	$7,560,098
PKBK	Parke Bancorp, Inc.	−15,561	87,893	$2,914,531
SLB	Slb Limited/Nv	−14,544	12,991	$603,951
BKR	Baker Hughes Co	−12,394	31,838	$1,767,009
NXT	Nextpower Inc.	−11,836	10,554	$1,257,403
M	Macy's, Inc.	−11,702	68,142	$1,604,744
HON	Honeywell International Inc	−10,820	11,539	$2,583,582
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
HONA	Honeywell Aerospace Inc.	11,511	$2,544,851
NTAP	NetApp, Inc.	12,913	$1,998,415
BF-B	Brown Forman Corp	59,230	$1,578,478
UTHR	UNITED THERAPEUTICS Corp	2,544	$1,378,415
BTI	British American Tobacco p.l.c.	20,000	$1,235,200
MHK	Mohawk Industries Inc	7,794	$945,646
AYI	Acuity Inc. (De)	2,048	$771,399
PTCT	Ptc Therapeutics, Inc.	9,226	$752,564
TOL	Toll Brothers, Inc.	4,300	$708,425
DECK	Deckers Outdoor Corp	7,095	$704,462
EAT	Brinker International, Inc	4,091	$687,288
ANF	Abercrombie & Fitch Co /De/	7,433	$669,044
MTN	Vail Resorts Inc	4,859	$661,552
FDXF	FedEx Freight Holding Company, Inc.	3,986	$601,886
LEA	Lear Corp	4,482	$600,856
OPCH	Option Care Health, Inc.	28,363	$594,772
LWAY	Lifeway Foods, Inc.	19,795	$590,682
DELL	Dell Technologies Inc.	1,366	$589,374
THC	Tenet Healthcare Corp	3,131	$585,747
NFG	National Fuel Gas Co	7,454	$575,523
JLL	Jones Lang Lasalle Inc	1,856	$575,267
AR	ANTERO RESOURCES Corp	16,300	$572,782
EHC	Encompass Health Corp	5,657	$571,809
EPAM	EPAM Systems, Inc.	7,076	$561,480
FCN	Fti Consulting, Inc	3,727	$555,360
No positions match the current search.

Sold Out

Positions the filer fully exited

20 positions

Ticker	Company	Shares	Value
AAAA	Amplius Aggressive Asset Allocation ETF	1,257,073	$62,439,900
VB	Vanguard Morningstar Small-Cap ETF	69,924	$21,101,236
AAAP	Pacer Barings CLO Market Flex ETF	288,842	$11,504,120
GLD	Spdr Gold Trust	4,945	$2,127,784
AAXJ	iShares MSCI All Country Asia ex Japan ETF	13,031	$1,803,099
ATNI	ATN International, Inc.	45,343	$1,234,236
ACSG	American Century Small Cap Growth Insights ETF	11,903	$1,092,364
ALLY	Ally Financial Inc.	22,000	$863,060
ALSN	Allison Transmission Holdings Inc	5,093	$596,186
CRMT	Americas Carmart Inc	43,518	$553,984
DKS	Dick's Sporting Goods, Inc.	2,609	$517,338
MAT	Mattel Inc /De/	31,174	$452,958
PODD	Insulet Corp	1,162	$243,834
CE	Celanese Corp	3,471	$228,287
VSNT	Versant Media Group, Inc.	5,999	$222,082
MKTX	Marketaxess Holdings Inc	1,296	$213,814
VFMF	Vanguard U.S. Multifactor ETF	1,040	$204,984
FLL	Full House Resorts Inc	19,975	$44,943
—		24,072	$0
—		8,262	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

484 tracked positions · $2,333,492,315 total · filing declares 505 positions · $2,405,383,311 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 484 positions by value · page 1 of 10

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp Technology	Added	844,676	+28,693	$169,011,220	+18.8%	7.24%
GOOGL	Alphabet Inc. Communication Services	Reduced	426,272	-5,080	$151,440,267	+22.3%	6.49%
AAPL	Apple Inc. Technology	Added	518,315	+17,132	$149,979,628	+17.9%	6.43%
MSFT	Microsoft Corp Technology	Added	254,426	+8,683	$94,905,986	+4.3%	4.07%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	371,802	-5,211	$88,615,288	+12.9%	3.80%
AVGO	Broadcom Inc. Technology	Added	148,958	+5,920	$56,268,884	+27.1%	2.41%
MU	Micron Technology Inc Technology	Added	38,219	+1,249	$44,115,809	+253.2%	1.89%
META	Meta Platforms, Inc. Communication Services	Added	77,020	+2,572	$43,384,595	+1.9%	1.86%
TSLA	Tesla, Inc. Consumer Cyclical	Added	82,916	+3,490	$34,874,469	+18.1%	1.49%
JPM	Jpmorgan Chase & Co Financial Services	Added	103,311	+3,073	$33,816,789	+14.7%	1.45%
LLY	ELI LILLY & Co Healthcare	Added	27,524	+917	$33,013,114	+34.9%	1.41%
AMD	Advanced Micro Devices Inc Technology	Added	55,978	+1,916	$32,518,179	+195.7%	1.39%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	62,160	-33,070	$29,685,751	−7.8%	1.27%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	52,310	+2,189	$26,175,400	+9.0%	1.12%
JNJ	Johnson & Johnson Healthcare	Added	85,199	+2,764	$21,637,990	+7.4%	0.93%
XOM	ExxonMobil Holdings Corp Energy	Added	156,210	+4,829	$21,357,031	−16.8%	0.92%
AMAT	Applied Materials Inc /De Technology	Added	29,292	+877	$21,178,116	+118.1%	0.91%
CAT	Caterpillar Inc Industrials	Added	19,601	+520	$20,873,104	+54.4%	0.89%
INTC	Intel Corp Technology	Added	147,571	+5,641	$20,605,338	+229.0%	0.88%
LRCX	Lam Research Corp Technology	Added	46,390	+1,377	$20,102,178	+109.0%	0.86%
ET	Energy Transfer LP Energy	Reduced	1,037,614	-367,142	$19,839,179	−26.8%	0.85%
CSCO	Cisco Systems, Inc. Technology	Added	149,734	+4,618	$17,587,755	+56.2%	0.75%
WMT	Walmart Inc. Consumer Defensive	Added	147,788	+5,357	$16,738,468	−5.4%	0.72%
V	Visa Inc. Financial Services	Added	45,436	+2,072	$15,588,637	+18.9%	0.67%
ABBV	AbbVie Inc. Healthcare	Added	61,181	+2,051	$15,395,586	+19.7%	0.66%
MA	Mastercard Inc Financial Services	Added	28,985	+934	$14,886,696	+6.2%	0.64%
AX	Axos Financial, Inc. Financial Services	Reduced	152,847	-25,434	$14,885,769	−1.9%	0.64%
APH	Amphenol Corp /De/ Technology	Added	41,491	+1,424	$14,631,386	+44.5%	0.63%
KLAC	Kla Corp Technology	Added	48,063	+43,405	$14,501,087	+111.4%	0.62%
WES	Western Midstream Partners, LP Energy	Reduced	330,016	-112,173	$14,441,500	−20.7%	0.62%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	15,385	+531	$14,392,205	−2.8%	0.62%
OMAB	Central North Airport Group Industrials	Reduced	126,166	-42,177	$14,268,112	−26.1%	0.61%
PAC	Pacific Airport Group Industrials	Reduced	55,844	-18,763	$14,137,467	−23.2%	0.61%
GE	General Electric Co Industrials	Added	37,719	+1,201	$14,096,721	+36.0%	0.60%
BAC	Bank Of America Corp /De/ Financial Services	Added	240,618	+7,549	$13,710,413	+20.7%	0.59%
UNH	Unitedhealth Group Inc Healthcare	Reduced	32,262	-227	$13,409,055	+52.5%	0.57%
HD	Home Depot, Inc. Consumer Cyclical	Added	36,530	+1,164	$12,883,400	+10.8%	0.55%
CSWC	Capital Southwest Corp Financial Services	Reduced	525,500	-93,366	$12,491,135	−8.8%	0.54%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	85,156	+2,715	$12,487,275	+4.9%	0.54%
CVX	Chevron Corp Energy	Reduced	74,091	-1,750	$12,281,324	−21.7%	0.53%
MS	Morgan Stanley Financial Services	Reduced	58,732	-9,916	$12,277,337	+8.7%	0.53%
MRK	Merck & Co., Inc. Healthcare	Added	93,774	+2,830	$12,049,959	+10.1%	0.52%
GS	Goldman Sachs Group Inc Financial Services	Added	11,363	+343	$11,492,197	+23.3%	0.49%
KO	Coca Cola Co Consumer Defensive	Added	134,955	+4,536	$10,967,792	+10.6%	0.47%
NFLX	Netflix Inc Communication Services	Added	151,066	+4,851	$10,786,112	−23.3%	0.46%
WFC	Wells Fargo & Company/Mn Financial Services	Added	125,751	+3,399	$10,392,062	+6.7%	0.45%
GEV	GE Vernova Inc. Industrials	Added	8,690	+315	$10,209,533	+39.7%	0.44%
PM	Philip Morris International Inc. Consumer Defensive	Added	53,848	+1,829	$9,741,641	+13.3%	0.42%
TXN	Texas Instruments Inc Technology	Added	31,603	+1,069	$9,419,906	+58.9%	0.40%
C	Citigroup Inc Financial Services	Added	67,145	+1,972	$9,397,614	+27.1%	0.40%

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.