Empirical Asset Management, LLC

CIK

1926596

Location

WELLESLEY, MA

Portfolio Value

Micro $4,158,240

Diversification

Diversified

Filing Date

Global Rank

#3,669 / 8,232 ▼ 1000

Top Industry

Consumer Electronics 10.6%

3Y Alpha vs SPY

-2.0%

Period ended 2 months ago

Filed May 11, 2026 · 34d

18 quarters · since Dec 2021

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+67.7%

SPY

+76.3%

Annualised alpha

-2.0%

Max drawdown

−18.8%

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

217 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

8.9%

+1.0 pts

Top 5

25.0%

−5.6 pts

Top 10

35.2%

−11.8 pts

HHI

206

Diversified−87

Portfolio Trend

18 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	28.8%	$63,211,348	45
Unclassified	16.4%	$36,034,206	9
Financial Services	10.1%	$22,191,518	35
Healthcare	8.6%	$18,920,209	25
Consumer Cyclical	7.6%	$16,736,675	17
Energy	7.1%	$15,549,065	20
Industrials	6.7%	$14,648,899	23
Communication Services	5.6%	$12,309,269	10
Consumer Defensive	4.8%	$10,523,736	13
Basic Materials	1.9%	$4,158,240	10
Utilities	1.8%	$3,861,338	5
Real Estate	0.6%	$1,309,036	5

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
SGOL	abrdn Gold ETF Trust	+5,623	211,594	$9,441,324
ORCL	Oracle Corp	+4,806	11,836	$1,741,193
MRK	Merck & Co., Inc.	+4,054	16,535	$1,988,995
INTU	Intuit Inc.	+3,123	3,462	$1,496,899
CRM	Salesforce, Inc.	+2,312	3,587	$669,585
MU	Micron Technology Inc	+1,892	3,800	$1,283,792
DELL	Dell Technologies Inc.	+1,778	7,185	$1,179,274
GD	General Dynamics Corp	+1,734	2,764	$948,660
VIK	Viking Holdings Ltd	+1,474	10,161	$746,630
APP	AppLovin Corp	+1,229	1,647	$655,506
AMD	Advanced Micro Devices Inc	+1,219	4,576	$930,895
MCK	Mckesson Corp	+1,214	1,540	$1,332,654
CF	CF Industries Holdings, Inc.	+848	5,059	$656,860
WFC	Wells Fargo & Company/Mn	+633	13,678	$1,088,905
SYY	Sysco Corp	+571	6,154	$438,964
ACN	Accenture plc	+481	2,903	$575,635
ERIE	Erie Indemnity Co	+474	1,506	$378,472
CECO	Ceco Environmental Corp	+464	30,025	$1,788,889
AMGN	Amgen Inc	+436	1,522	$535,515
PGR	Progressive Corp/Oh/	+380	2,079	$412,140
ADBE	Adobe Inc.	+371	3,262	$792,926
BBDC	Barings BDC, Inc.	+350	11,443	$94,175
TROW	Price T Rowe Group Inc	+233	6,381	$575,183
SHOP	Shopify Inc.	+222	3,238	$384,091
FDS	Factset Research Systems Inc	+144	2,254	$489,095
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
QCOM	Qualcomm Inc/De	−109,237	16,013	$2,062,154
UBER	Uber Technologies, Inc	−61,818	13,615	$979,326
MSFT	Microsoft Corp	−46,303	13,847	$5,125,743
COST	Costco Wholesale Corp /New	−38,785	791	$788,176
CSCO	Cisco Systems, Inc.	−37,356	20,499	$1,590,517
QQQ	Invesco Qqq Trust, Series 1	−37,128	2,793	$1,612,063
BAC	Bank Of America Corp /De/	−29,591	20,227	$986,066
AMZN	Amazon Com Inc	−28,212	19,120	$3,982,122
GLD	Spdr Gold Trust	−26,351	9,237	$3,974,588
PG	PROCTER & GAMBLE Co	−23,517	14,060	$2,030,826
VZ	Verizon Communications Inc	−20,281	9,832	$493,566
NVDA	Nvidia Corp	−20,052	38,915	$6,786,776
T	At&T Inc.	−18,998	9,732	$282,130
KO	Coca Cola Co	−18,603	6,508	$494,933
XOM	Exxon Mobil Corp	−18,232	18,949	$3,214,887
SCHW	Schwab Charles Corp	−16,826	12,070	$1,134,338
C	Citigroup Inc	−16,707	2,005	$227,387
META	Meta Platforms, Inc.	−13,009	9,241	$5,287,053
ET	Energy Transfer LP	−12,279	34,035	$656,875
V	Visa Inc.	−12,162	4,380	$1,323,811
GE	General Electric Co	−12,108	4,025	$1,142,174
AAPL	Apple Inc.	−11,917	76,556	$19,429,147
CVX	Chevron Corp	−11,179	11,863	$2,454,454
KLAC	Kla Corp	−9,342	1,086	$1,599,037
PLTR	Palantir Technologies Inc.	−8,840	9,176	$1,342,265
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
ISRG	Intuitive Surgical Inc	3,168	$1,460,416
BSX	Boston Scientific Corp	19,483	$1,222,558
ATO	Atmos Energy Corp	6,561	$1,211,947
PANW	Palo Alto Networks Inc	5,608	$899,074
VLO	Valero Energy Corp/Tx	3,542	$875,157
PODD	Insulet Corp	4,112	$862,862
ETN	Eaton Corp plc	2,353	$841,597
COKE	Coca-Cola Consolidated, Inc.	4,320	$828,316
TTD	Trade Desk, Inc.	34,079	$773,252
TRV	Travelers Companies, Inc.	2,598	$757,784
AMP	Ameriprise Financial Inc	1,593	$707,929
MNST	Monster Beverage Corp	9,692	$702,282
COP	Conocophillips	5,261	$694,452
AMAT	Applied Materials Inc /De	2,003	$684,605
TT	Trane Technologies plc	1,577	$657,198
YUM	Yum Brands Inc	3,986	$619,743
ALL	Allstate Corp	2,873	$595,687
PWR	Quanta Services, Inc.	1,051	$577,020
LRCX	Lam Research Corp	2,406	$514,065
VEEV	Veeva Systems Inc	2,884	$506,603
ACGL	Arch Capital Group Ltd.	5,188	$497,996
CRWD	CrowdStrike Holdings, Inc.	1,262	$492,697
SPGI	S&P Global Inc.	1,065	$452,987
CDNS	Cadence Design Systems Inc	1,499	$416,527
FANG	Diamondback Energy, Inc.	1,883	$372,438
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
MAR	Marriott International Inc /Md/	47,577	$14,760,288
BA	Boeing Co	23,040	$5,002,444
SCCO	Southern Copper Corp/	28,706	$4,085,762
BNY	Bank of New York Mellon Corp	21,121	$2,451,936
HXL	Hexcel Corp /De/	28,498	$2,106,002
EMR	Emerson Electric Co	13,258	$1,759,601
DIS	Walt Disney Co	12,703	$1,445,220
UTHR	UNITED THERAPEUTICS Corp	2,316	$1,128,471
NEE	Nextera Energy Inc	11,791	$946,581
MSCI	MSCI Inc.	1,398	$802,074
ZTS	Zoetis Inc.	5,875	$739,192
DBX	Dropbox, Inc.	25,761	$716,155
WEX	WEX Inc.	4,794	$714,210
O	Realty Income Corp	12,258	$690,983
DECK	Deckers Outdoor Corp	6,629	$687,228
VRSN	Verisign Inc/Ca	2,697	$655,236
SNPS	Synopsys Inc	1,350	$634,122
LULU	lululemon athletica inc.	3,035	$630,703
CPRT	Copart Inc	14,768	$578,167
PAYX	Paychex Inc	5,054	$566,957
NKE	NIKE, Inc.	7,711	$491,267
ADSK	Autodesk, Inc.	1,567	$463,847
LRN	Stride, Inc.	4,834	$313,871
EXPE	Expedia Group, Inc.	866	$245,346
GLDM	World Gold Trust	2,864	$244,499
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

10 positions · $4,158,240 total · Basic Materials only · as of Mar 31, 2026

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NEM	NEWMONT Corp /DE/ Basic Materials	Reduced	8,177	-2,198	$885,160	−14.6%	21.29%
CF	CF Industries Holdings, Inc. Basic Materials	Added	5,059	+848	$656,860	+101.7%	15.80%
STLD	Steel Dynamics Inc Basic Materials	Added	2,977	+29	$535,860	+7.3%	12.89%
NUE	Nucor Corp Basic Materials	Reduced	2,092	-38	$353,757	+1.8%	8.51%
ECL	Ecolab Inc. Basic Materials	Added	1,239	+1	$329,598	+1.4%	7.93%
OR	OR Royalties Inc. Basic Materials	NEW	8,591	NEW	$326,629	NEW	7.85%
MLM	Martin Marietta Materials Inc Basic Materials	Reduced	554	-2	$326,128	−5.8%	7.84%
WPM	Wheaton Precious Metals Corp. Basic Materials	NEW	2,351	NEW	$308,004	NEW	7.41%
VMC	Vulcan Materials CO Basic Materials	Reduced	1,125	-1	$306,337	−4.6%	7.37%
SXC	SunCoke Energy, Inc. Basic Materials	NEW	19,955	NEW	$129,907	NEW	3.12%