Empirical Asset Management Portfolio holdings

Empirical Asset Management's Q1 2022 Portfolio in Review

As of Q1 2022, Empirical Asset Management held 192 positions worth $105M, up 1.5% from $104M the previous quarter. Its ten largest holdings account for 23% of the portfolio.

Empirical Asset Management deployed $3.69M of net new capital in Q1 2022, opening 42 new positions and adding to 70 existing holdings. Its largest new stake was State Street Utilities Select Sector SPDR ETF: 59,156 shares worth $2.2M.

By sector, the portfolio is most concentrated in Technology at 8.7% of assets, up from 7.9% a quarter earlier, followed by Healthcare and Financials.

On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $4.42M trimmed.

• Empirical Asset Management's largest Q1 2022 buy was State Street Utilities Select Sector SPDR ETF: 59,156 shares worth $2.2M.
• Empirical Asset Management added most to Apple in Q1 2022, an estimated $711K increase.
• Empirical Asset Management's biggest Q1 2022 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $4.42M.
• Empirical Asset Management fully exited iShares S&P 500 Value ETF in Q1 2022, selling an estimated $1.47M.
• Empirical Asset Management's ten largest holdings make up 23% of its $105M portfolio in Q1 2022.
• Empirical Asset Management opened 42 new positions and closed 47 in Q1 2022.
• Empirical Asset Management's portfolio value rose 1.5% quarter-over-quarter to $105M.

Based on Empirical Asset Management's 13F filing for Q1 2022, filed 6 May 2022.