Empirical Capital Management, LLC
CIK
1642274
Location
HENDERSONVILLE, TN
Portfolio Value
Micro
$32,437,080
Diversification
Diversified
Filing Date
Global Rank
#4,612
/ 8,588
▲ 336
Top Industry
Internet Content & Information
23.6%
3Y Alpha vs SPY
+6.8%
Period ended 3 months ago
Filed May 15, 2026 · 33d
21 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+108.1%
SPY
+76.8%
Annualised alpha
+6.8%
Max drawdown
−27.2%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
15 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
22.8%
+4.0 pts
Top 5
73.7%
+1.8 pts
Top 10
96.3%
−2.8 pts
HHI
1,382
Diversified+122
Portfolio Trend
21 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Communication Services | 53.9% | $89,986,360 |
| Consumer Defensive | 19.4% | $32,437,080 |
| Consumer Cyclical | 17.7% | $29,519,382 |
| Technology | 6.0% | $10,093,320 |
| Industrials | 1.8% | $3,068,103 |
| Financial Services | 1.1% | $1,816,647 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
5 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| ROKU | Roku, Inc | +81,000 | 345,661 | $32,706,443 | |
| GOOGL | Alphabet Inc. | +50,000 | 132,500 | $38,101,700 | |
| TFIN | Triumph Financial, Inc. | +9,725 | 30,450 | $1,816,647 | |
| TTWO | Take Two Interactive Software Inc | +6,000 | 81,500 | $16,096,250 | |
| PLTR | Palantir Technologies Inc. | +1,000 | 69,000 | $10,093,320 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
1 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| XPO | XPO, Inc. | −32,000 | 5,000 | $972,750 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
4 positions
Sold Out
Positions the filer fully exitedNo qualifying positions this quarter.
2 positions ·
$32,437,080 total
· Consumer Defensive only
· as of Mar 31, 2026
All sectors
Communication Services
Consumer Cyclical
Consumer Defensive
Financial Services
Industrials
Technology
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| WMT |
Walmart Inc.
Consumer Defensive
|
Held | 170,000 | $21,127,600 | 65.13% | |
| COST |
Costco Wholesale Corp /New
Consumer Defensive
|
Held | 11,350 | $11,309,480 | 34.87% |