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
+9.68%
1 Year Est. Return
+29.56%
3 Year Est. Return
+97.59%
5 Year Est. Return
+123.59%
10 Year Est. Return
–
AUM
$2.1B
AUM Growth
+$190M
Cap. Flow
+$38M
Cap. Flow %
1.81%
Top 10 Hldgs %
36.85%
Holding
514
New
6
Increased
458
Reduced
19
Closed
8

Top Buys

Rank Stock Value
1
TSM icon
TSMC
TSM
+$4.04M
2
ET icon
Energy Transfer Partners
ET
+$2.79M
3
CVX icon
Chevron
CVX
+$2.76M
4
AMZN icon
Amazon
AMZN
+$2.63M
5
MS icon
Morgan Stanley
MS
+$2.52M

Top Sells

Rank Stock Value
1
HES
Hess
HES
+$2.32M
2
BTI icon
British American Tobacco
BTI
+$2.3M
3
IVAL icon
Alpha Architect International Quantitative Value ETF
IVAL
+$2.05M
4
MOOD icon
Relative Sentiment Tactical Allocation ETF
MOOD
+$1.86M
5
GOOG icon
Alphabet (Google) Class C
GOOG
+$1.75M

Sector Composition

Rank Sector Weight
1 Technology 31.99%
2 Financials 11.76%
3 Communication Services 10.34%
4 Consumer Discretionary 9.7%
5 Healthcare 8.78%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
TROW icon
351
T. Rowe Price
TROW
$24.2B
$826K 0.04%
8,052
+70
+0.9% +$7.36K
WRB icon
352
W.R. Berkley
WRB
$26.8B
$807K 0.04%
10,538
+104
+1% +$7.4K
LYV icon
353
Live Nation Entertainment
LYV
$42.3B
$797K 0.04%
4,878
+54
+1% +$8.53K
GPN icon
354
Global Payments
GPN
$23.2B
$787K 0.04%
9,477
+80
+0.9% +$6.74K
DGX icon
355
Quest Diagnostics
DGX
$26.3B
$786K 0.04%
4,126
+40
+1% +$7.1K
HAL icon
356
Halliburton
HAL
$27.1B
$780K 0.04%
31,716
+291
+0.9% +$6.44K
GTES icon
357
Gates Industrial Corporation Ltd.
GTES
$7.24B
$778K 0.04%
31,362
+194
+0.6% +$4.82K
CMS icon
358
CMS Energy
CMS
$22.3B
$768K 0.04%
10,489
+104
+1% +$7.47K
CHD icon
359
Church & Dwight Co
CHD
$24.5B
$766K 0.04%
8,736
+89
+1% +$8.34K
CROX icon
360
Crocs
CROX
$6.43B
$758K 0.04%
9,073
+52
+0.6% +$4.75K
EIX icon
361
Edison International
EIX
$25.9B
$756K 0.04%
13,667
+138
+1% +$7.45K
CNP icon
362
CenterPoint Energy
CNP
$26.8B
$751K 0.04%
19,360
+241
+1% +$9.1K
CPAY icon
363
Corpay
CPAY
$26B
$744K 0.04%
2,584
+26
+1% +$8.29K
IT icon
364
Gartner
IT
$11.7B
$741K 0.04%
2,819
+26
+0.9% +$7.58K
BIIB icon
365
Biogen
BIIB
$30.5B
$740K 0.04%
5,286
+53
+1% +$7.16K
TYL icon
366
Tyler Technologies
TYL
$12.5B
$739K 0.04%
1,412
+14
+1% +$7.86K
EL icon
367
Estee Lauder
EL
$30.9B
$736K 0.04%
8,349
+76
+0.9% +$6.77K
WSM icon
368
Williams-Sonoma
WSM
$29.1B
$736K 0.04%
3,764
+68
+2% +$13K
CDW icon
369
CDW
CDW
$17.7B
$735K 0.04%
4,614
+43
+0.9% +$7.31K
ZBH icon
370
Zimmer Biomet
ZBH
$18.5B
$734K 0.04%
7,455
+68
+0.9% +$6.74K
TRGP icon
371
Targa Resources
TRGP
$57.6B
$730K 0.03%
4,360
+77
+2% +$12.8K
DLTR icon
372
Dollar Tree
DLTR
$24.9B
$724K 0.03%
7,667
+60
+0.8% +$6.42K
CSGP icon
373
CoStar Group
CSGP
$12B
$720K 0.03%
8,530
+154
+2% +$13.6K
TER icon
374
Teradyne
TER
$60.2B
$718K 0.03%
5,216
+47
+0.9% +$5.13K
ON icon
375
ON Semiconductor
ON
$18.6B
$712K 0.03%
14,447
+135
+0.9% +$7.11K
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
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
BWC
Blue Whale Capital London, United Kingdom $2.1B AUM 97.03% 1-Year Est. Return

Empirical Finance's Q3 2025 Portfolio in Review

As of Q3 2025, Empirical Finance held 514 positions worth $2.1B, up 10% from $1.91B the previous quarter. Its ten largest holdings account for 37% of the portfolio.

Trading was light in Q3 2025: portfolio turnover was 2.7%. Empirical Finance opened 6 new positions and exited 8, leaving the 514-position portfolio largely intact.

By sector, the portfolio is most concentrated in Technology at 32% of assets, up from 31% a quarter earlier, followed by Financials and Communication Services.

  • Empirical Finance's largest Q3 2025 buy was Diageo: 11,089 shares worth $1.06M.
  • Empirical Finance added most to TSMC in Q3 2025, an estimated $4.04M increase.
  • Empirical Finance's biggest Q3 2025 reduction was Alpha Architect International Quantitative Value ETF, cutting an estimated $2.05M.
  • Empirical Finance fully exited Hess in Q3 2025, selling an estimated $2.32M.
  • Empirical Finance's ten largest holdings make up 37% of its $2.1B portfolio in Q3 2025.
  • Empirical Finance opened 6 new positions and closed 8 in Q3 2025.
  • Empirical Finance's portfolio value rose 10% quarter-over-quarter to $2.1B.

Based on Empirical Finance's 13F filing for Q3 2025, filed 13 Nov 2025.