We are live on ! Find out more
EF

Empirical Finance Portfolio holdings

AUM $2.13B
1-Year Est. Return 29.56%
This Fund
S&P 500
This Quarter Est. Return
+7.3%
1 Year Est. Return
+29.56%
3 Year Est. Return
+97.59%
5 Year Est. Return
+123.59%
10 Year Est. Return
–
AUM
$613M
AUM Growth
+$44.8M
Cap. Flow
-$30.6M
Cap. Flow %
-4.99%
Top 10 Hldgs %
32.64%
Holding
423
New
98
Increased
241
Reduced
64
Closed
20

Top Buys

Rank Stock Value
1
PDBC icon
Invesco Actively Managed Exch-Traded Commodity Fd Tr Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
PDBC
+$5.58M
2
MSFT icon
Microsoft
MSFT
+$3.23M
3
AAPL icon
Apple
AAPL
+$3.19M
4
AMZN icon
Amazon
AMZN
+$2.53M
5
UNH icon
UnitedHealth
UNH
+$1.55M

Top Sells

Rank Stock Value
1
IMOM icon
Alpha Architect International Quantitative Momentum ETF
IMOM
+$10.2M
2
QMOM icon
Alpha Architect US Quantitative Momentum ETF
QMOM
+$7.96M
3
GLD icon
SPDR Gold Trust
GLD
+$7.95M
4
URI icon
United Rentals
URI
+$4.67M
5
IEF icon
iShares 7-10 Year Treasury Bond ETF
IEF
+$4.09M

Sector Composition

Rank Sector Weight
1 Technology 16.92%
2 Healthcare 11.66%
3 Consumer Discretionary 9.86%
4 Financials 8.78%
5 Communication Services 8.19%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
VFC icon
326
VF Corp
VFC
$5.82B
$314K 0.05%
3,823
+559
+17% +$46.6K
KHC icon
327
Kraft Heinz
KHC
$31.1B
$309K 0.05%
7,580
+1,109
+17% +$46.7K
HSY icon
328
Hershey
HSY
$35.5B
$302K 0.05%
1,733
+250
+17% +$42.1K
STZ icon
329
Constellation Brands
STZ
$22.5B
$294K 0.05%
+1,258
New +$295K
DTE icon
330
DTE Energy
DTE
$29.4B
$293K 0.05%
2,659
+411
+18% +$48.1K
KEYS icon
331
Keysight
KEYS
$55.2B
$293K 0.05%
1,897
+310
+20% +$45K
CPRT icon
332
Copart
CPRT
$27.1B
$292K 0.05%
8,868
+1,480
+20% +$45.9K
NTRS icon
333
Northern Trust
NTRS
$33.3B
$289K 0.05%
2,501
+343
+16% +$39.3K
MXIM
334
DELISTED
Maxim Integrated Products
MXIM
$289K 0.05%
2,745
+445
+19% +$43.6K
IP icon
335
International Paper
IP
$22.1B
$288K 0.05%
+4,962
New +$283K
CERN
336
DELISTED
Cerner Corp
CERN
$286K 0.05%
3,653
+511
+16% +$39.3K
ED icon
337
Consolidated Edison
ED
$39.7B
$284K 0.05%
3,961
+632
+19% +$48.5K
DLTR icon
338
Dollar Tree
DLTR
$24.9B
$278K 0.05%
2,798
+402
+17% +$43.7K
RSG icon
339
Republic Services
RSG
$64.6B
$277K 0.05%
2,522
+363
+17% +$39K
HES
340
DELISTED
Hess
HES
$276K 0.05%
+3,156
New +$255K
VMC icon
341
Vulcan Materials
VMC
$36.6B
$272K 0.04%
+1,562
New +$279K
ZBRA icon
342
Zebra Technologies
ZBRA
$13.9B
$271K 0.04%
+512
New +$255K
CLX icon
343
Clorox
CLX
$11.8B
$270K 0.04%
1,498
+217
+17% +$39.6K
FTV icon
344
Fortive
FTV
$18B
$270K 0.04%
5,138
+787
+18% +$42.4K
QRVO icon
345
Qorvo
QRVO
$7.9B
$270K 0.04%
+1,380
New +$255K
HIG icon
346
Hartford Financial Services
HIG
$39B
$264K 0.04%
+4,263
New +$279K
TSCO icon
347
Tractor Supply
TSCO
$16.8B
$262K 0.04%
+7,035
New +$258K
DOV icon
348
Dover
DOV
$27.7B
$260K 0.04%
+1,726
New +$255K
EXPE icon
349
Expedia Group
EXPE
$36B
$260K 0.04%
+1,589
New +$273K
MLM icon
350
Martin Marietta Materials
MLM
$32.6B
$260K 0.04%
+739
New +$263K
12 13
14
15 16

Similar funds

AAP
Aristotle Atlantic Partners Sarasota, Florida $2.14B AUM 37.01% 1-Year Est. Return
BCM
Basswood Capital Management New York $2.12B AUM 19.53% 1-Year Est. Return
GS
Gilead Sciences Foster City, California $2.12B AUM 143.53% 1-Year Est. Return
SC
SouthState Corp Winter Haven, Florida $2.14B AUM 18.39% 1-Year Est. Return
NAAA
New Age Alpha Advisors Rye, New York $2.15B AUM 27.2% 1-Year Est. Return
IVAV
Index Venture Associates VI St. Helier, Channel Islands, Jersey $2.11B AUM 13.76% 1-Year Est. Return
GA
General Atlantic New York $2.15B AUM 35.02% 1-Year Est. Return
HJGA
Hardman Johnston Global Advisors Stamford, Connecticut $2.1B AUM 41.89% 1-Year Est. Return

Empirical Finance's Q2 2021 Portfolio in Review

As of Q2 2021, Empirical Finance held 423 positions worth $613M, up 7.9% from $569M the previous quarter. Its ten largest holdings account for 33% of the portfolio.

Empirical Finance withdrew a net $30.6M in Q2 2021, closing 20 positions and reducing 64 holdings. Its most notable exit was SPDR Gold Trust, an estimated $7.95M position sold in full.

By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 15% a quarter earlier, followed by Healthcare and Consumer Discretionary.

Against the trend, Empirical Finance opened a new position in Tesla worth $1.4M.

  • Empirical Finance's largest Q2 2021 buy was Tesla: 6,189 shares worth $1.4M.
  • Empirical Finance added most to Invesco Actively Managed Exch-Traded Commodity Fd Tr Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in Q2 2021, an estimated $5.58M increase.
  • Empirical Finance's biggest Q2 2021 reduction was Alpha Architect International Quantitative Momentum ETF, cutting an estimated $10.2M.
  • Empirical Finance fully exited SPDR Gold Trust in Q2 2021, selling an estimated $7.95M.
  • Empirical Finance's ten largest holdings make up 33% of its $613M portfolio in Q2 2021.
  • Empirical Finance opened 98 new positions and closed 20 in Q2 2021.
  • Empirical Finance's portfolio value rose 7.9% quarter-over-quarter to $613M.

Based on Empirical Finance's 13F filing for Q2 2021, filed 4 Aug 2021.