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
-20.14%
1 Year Est. Return
+29.56%
3 Year Est. Return
+97.59%
5 Year Est. Return
+123.59%
10 Year Est. Return
–
AUM
$322M
AUM Growth
-$89.5M
Cap. Flow
+$6.81M
Cap. Flow %
2.12%
Top 10 Hldgs %
43.93%
Holding
251
New
49
Increased
124
Reduced
26
Closed
42

Top Buys

Rank Stock Value
1
SHY icon
iShares 1-3 Year Treasury Bond ETF
SHY
+$22.2M
2
SCHR
Schwab Intermediately-Term US Treasury ETF
SCHR
+$6.07M
3
MSFT icon
Microsoft
MSFT
+$2.57M
4
AAPL icon
Apple
AAPL
+$2.48M
5
DAL icon
Delta Air Lines
DAL
+$2.17M

Top Sells

Rank Stock Value
1
IMOM icon
Alpha Architect International Quantitative Momentum ETF
IMOM
+$11.1M
2
QMOM icon
Alpha Architect US Quantitative Momentum ETF
QMOM
+$10.6M
3
IVAL icon
Alpha Architect International Quantitative Value ETF
IVAL
+$9.99M
4
BIL icon
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
+$9.29M
5
QVAL icon
Alpha Architect US Quantitative Value ETF
QVAL
+$8.46M

Sector Composition

Rank Sector Weight
1 Consumer Discretionary 11.03%
2 Healthcare 9.44%
3 Technology 9%
4 Industrials 7.53%
5 Communication Services 4.58%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
LUV icon
26
Southwest Airlines
LUV
$23B
$1.98M 0.61%
55,475
+33,432
+152% +$1.66M
OMC icon
27
Omnicom Group
OMC
$21.7B
$1.97M 0.61%
35,802
+21,337
+148% +$1.51M
ALSN icon
28
Allison Transmission
ALSN
$9.65B
$1.92M 0.6%
58,744
+15,115
+35% +$630K
BC icon
29
Brunswick
BC
$5.16B
$1.9M 0.59%
53,794
+33,186
+161% +$1.76M
ABBV icon
30
AbbVie
ABBV
$433B
$1.89M 0.59%
24,758
+3,088
+14% +$263K
BWA icon
31
BorgWarner
BWA
$13B
$1.87M 0.58%
86,965
+23,919
+38% +$692K
PHM icon
32
Pultegroup
PHM
$24.6B
$1.86M 0.58%
83,444
+15,202
+22% +$587K
GLD icon
33
SPDR Gold Trust
GLD
$131B
$1.84M 0.57%
12,435
+61
+0.5% +$9.08K
MAN icon
34
ManpowerGroup
MAN
$2.52B
$1.79M 0.56%
33,833
+9,192
+37% +$766K
TPR icon
35
Tapestry
TPR
$31.4B
$1.74M 0.54%
134,558
+89,684
+200% +$2.1M
FL
36
DELISTED
Foot Locker
FL
$1.74M 0.54%
78,827
+35,126
+80% +$1.19M
GILD icon
37
Gilead Sciences
GILD
$163B
$1.73M 0.54%
23,115
-12,045
-34% -$832K
HBI
38
DELISTED
Hanesbrands
HBI
$1.73M 0.54%
219,187
+147,038
+204% +$1.86M
JPM icon
39
JPMorgan Chase
JPM
$937B
$1.7M 0.53%
18,846
+6,469
+52% +$786K
TNL icon
40
Travel + Leisure Co
TNL
$4.72B
$1.65M 0.51%
76,083
+30,702
+68% +$1.28M
BND icon
41
Vanguard Total Bond Market
BND
$157B
$1.64M 0.51%
19,202
– –
PG icon
42
Procter & Gamble
PG
$338B
$1.59M 0.5%
14,486
+5,167
+55% +$620K
VGSH icon
43
Vanguard Short-Term Treasury ETF
VGSH
$29.2B
$1.58M 0.49%
25,303
-40
-0.2% -$2.46K
CNC icon
44
Centene
CNC
$31.5B
$1.54M 0.48%
25,948
+1,354
+6% +$82.2K
HUM icon
45
Humana
HUM
$45B
$1.46M 0.45%
4,651
+271
+6% +$91.4K
INTC icon
46
Intel
INTC
$459B
$1.41M 0.44%
26,122
+8,915
+52% +$527K
WIZ
47
DELISTED
Alpha Architect Merlyn.AI Bull-Rider Bear-Fighter ETF
WIZ
$1.4M 0.43%
+62,893
New +$1.62M
UNH icon
48
UnitedHealth
UNH
$377B
$1.39M 0.43%
5,556
+1,947
+54% +$536K
CAT icon
49
Caterpillar
CAT
$382B
$1.36M 0.42%
11,684
+1,130
+11% +$144K
GM icon
50
General Motors
GM
$76.9B
$1.32M 0.41%
+63,555
New +$1.94M
1
2
3 4 5

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 Q1 2020 Portfolio in Review

As of Q1 2020, Empirical Finance held 251 positions worth $322M, down 22% from $411M the previous quarter. Its ten largest holdings account for 44% of the portfolio.

Empirical Finance's Q1 2020 filing shows 49 new, 124 increased, 26 reduced and 42 closed positions. Its largest new stake was iShares 1-3 Year Treasury Bond ETF: 259,926 shares worth $22.5M. The largest sale was Alpha Architect International Quantitative Momentum ETF, an estimated $11.1M.

By sector, the portfolio is most concentrated in Consumer Discretionary at 11% of assets, up from 10% a quarter earlier, followed by Healthcare and Technology.

  • Empirical Finance's largest Q1 2020 buy was iShares 1-3 Year Treasury Bond ETF: 259,926 shares worth $22.5M.
  • Empirical Finance added most to Microsoft in Q1 2020, an estimated $2.57M increase.
  • Empirical Finance's biggest Q1 2020 reduction was Alpha Architect International Quantitative Momentum ETF, cutting an estimated $11.1M.
  • Empirical Finance fully exited Vanguard FTSE All-World ex-US ETF in Q1 2020, selling an estimated $3.7M.
  • Empirical Finance's ten largest holdings make up 44% of its $322M portfolio in Q1 2020.
  • Empirical Finance opened 49 new positions and closed 42 in Q1 2020.
  • Empirical Finance's portfolio value fell 22% quarter-over-quarter to $322M.

Based on Empirical Finance's 13F filing for Q1 2020, filed 16 Apr 2020.