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
KSU
351
DELISTED
Kansas City Southern
KSU
$259K 0.04%
914
-69
-7% -$19.9K
MKC icon
352
McCormick & Company Non-Voting
MKC
$13.9B
$258K 0.04%
2,923
+461
+19% +$41.1K
TSN icon
353
Tyson Foods
TSN
$21B
$258K 0.04%
+3,502
New +$272K
SCHO icon
354
Schwab Short-Term US Treasury ETF
SCHO
$12.8B
$257K 0.04%
10,044
-2,950
-23% -$75.6K
EXPD icon
355
Expeditors International
EXPD
$22.3B
$256K 0.04%
+2,025
New +$239K
IT icon
356
Gartner
IT
$10.1B
$256K 0.04%
+1,055
New +$231K
XYL icon
357
Xylem
XYL
$27.8B
$256K 0.04%
+2,137
New +$244K
KMX icon
358
CarMax
KMX
$8.29B
$255K 0.04%
+1,972
New +$244K
EIX icon
359
Edison International
EIX
$27.5B
$254K 0.04%
4,390
+671
+18% +$39K
WDC icon
360
Western Digital
WDC
$182B
$254K 0.04%
+4,724
New +$255K
PPL
361
PPL Corp
PPL
$26.5B
$251K 0.04%
8,971
+1,323
+17% +$38.2K
WST icon
362
West Pharmaceutical
WST
$24.5B
$249K 0.04%
+694
New +$229K
CHD icon
363
Church & Dwight Co
CHD
$23.7B
$248K 0.04%
2,915
+428
+17% +$37K
HAL icon
364
Halliburton
HAL
$26.6B
$243K 0.04%
+10,503
New +$233K
IFF icon
365
International Flavors & Fragrances
IFF
$20.6B
$243K 0.04%
+1,625
New +$233K
KEY icon
366
KeyCorp
KEY
$24.5B
$242K 0.04%
11,713
+1,587
+16% +$34.5K
NDAQ icon
367
Nasdaq
NDAQ
$52.6B
$240K 0.04%
+4,092
New +$225K
CDW icon
368
CDW
CDW
$18.9B
$237K 0.04%
+1,359
New +$234K
CFG icon
369
Citizens Financial Group
CFG
$30.7B
$237K 0.04%
+5,173
New +$244K
RF icon
370
Regions Financial
RF
$26.9B
$236K 0.04%
11,700
+1,651
+16% +$35.7K
WAT icon
371
Waters Corp
WAT
$36.8B
$236K 0.04%
+684
New +$216K
AEE icon
372
Ameren
AEE
$30.3B
$234K 0.04%
+2,921
New +$245K
ETR icon
373
Entergy
ETR
$50.4B
$233K 0.04%
+4,670
New +$246K
FE icon
374
FirstEnergy
FE
$28B
$233K 0.04%
+6,261
New +$233K
GWW icon
375
W.W. Grainger
GWW
$64.7B
$233K 0.04%
+532
New +$235K
13 14
15
16 17

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
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
CF
Centaurus Financial Anaheim, California $2.1B AUM 21.28% 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.