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Empirical Finance Portfolio holdings
AUM
$2.13B
1-Year Est. Return
29.56%
This Fund
S&P 500
This Quarter
Est. Return
+9.59%
1 Year Est. Return
+29.56%
3 Year Est. Return
+97.59%
5 Year Est. Return
+123.59%
10 Year Est. Return
–
AUM
$966M
AUM Growth
+$123M
(+15%)
Cap. Flow
+$60.3M
Cap. Flow
% of AUM
6.24%
Top 10 Holdings %
Top 10 Hldgs %
26%
Holding
507
New
27
Increased
444
Reduced
17
Closed
14
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares 0-1 Year Treasury Bond ETF
SHV
|
+$6.37M |
| 2 |
Apple
AAPL
|
+$4.07M |
| 3 |
Microsoft
MSFT
|
+$3.76M |
| 4 |
Alpha Architect High Inflation and Deflation ETF
HIDE
|
+$3.62M |
| 5 |
WisdomTree US Efficient Core Fund
NTSX
|
+$2.13M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Short-Term Inflation-Protected Securities Index Fund
VTIP
|
+$5.46M |
| 2 |
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
|
+$2.06M |
| 3 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$1.9M |
| 4 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$1.84M |
| 5 |
AAVM
EA Series Trust Alpha Architect Global Factor Equity ETF
AAVM
|
+$1.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.81% |
| 2 | Healthcare | 13.66% |
| 3 | Financials | 11.12% |
| 4 | Consumer Discretionary | 8.39% |
| 5 | Industrials | 7.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
501
Vanguard Short-Term Inflation-Protected Securities Index Fund
VTIP
$19.1B
| – | – |
-113,407
| Closed | -$5.46M |
|
|
502
Vanguard FTSE Emerging Markets ETF
VWO
$123B
| – | – |
-52,034
| Closed | -$1.9M |
|
|
CTLT
503
DELISTED
CATALENT, INC.
CTLT
| – | – |
-3,644
| Closed | -$264K |
|
|
WIZ
504
DELISTED
Alpha Architect Merlyn.AI Bull-Rider Bear-Fighter ETF
WIZ
| – | – |
-12,442
| Closed | -$353K |
|
|
ABMD
505
DELISTED
Abiomed Inc
ABMD
| – | – |
-974
| Closed | -$239K |
|
|
BOB
506
DELISTED
Merlyn.AI Best-of-Breed Core Momentum ETF
BOB
| – | – |
-33,921
| Closed | -$684K |
|
|
TWTR
507
DELISTED
Twitter, Inc.
TWTR
| – | – |
-18,228
| Closed | -$799K |
|
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Empirical Finance's Q4 2022 Portfolio in Review
As of Q4 2022, Empirical Finance held 507 positions worth $966M, up 15% from $843M the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Empirical Finance deployed $60.3M of net new capital in Q4 2022, opening 27 new positions and adding to 444 existing holdings. Its largest new stake was Alpha Architect High Inflation and Deflation ETF: 146,138 shares worth $3.42M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, down from 20% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was State Street SPDR Bloomberg 1-3 Month T-Bill ETF, an estimated $2.06M trimmed.
- Empirical Finance's largest Q4 2022 buy was Alpha Architect High Inflation and Deflation ETF: 146,138 shares worth $3.42M.
- Empirical Finance added most to iShares 0-1 Year Treasury Bond ETF in Q4 2022, an estimated $6.37M increase.
- Empirical Finance's biggest Q4 2022 reduction was State Street SPDR Bloomberg 1-3 Month T-Bill ETF, cutting an estimated $2.06M.
- Empirical Finance fully exited Vanguard Short-Term Inflation-Protected Securities Index Fund in Q4 2022, selling an estimated $5.46M.
- Empirical Finance's ten largest holdings make up 26% of its $966M portfolio in Q4 2022.
- Empirical Finance opened 27 new positions and closed 14 in Q4 2022.
- Empirical Finance's portfolio value rose 15% quarter-over-quarter to $966M.
Based on Empirical Finance's 13F filing for Q4 2022, filed 24 Jan 2023.