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
+9.59%
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
Cap. Flow
+$60.3M
Cap. Flow %
6.24%
Top 10 Hldgs %
26%
Holding
507
New
27
Increased
444
Reduced
17
Closed
14

Top Buys

Rank Stock Value
1
SHV icon
iShares 0-1 Year Treasury Bond ETF
SHV
+$6.37M
2
AAPL icon
Apple
AAPL
+$4.07M
3
MSFT icon
Microsoft
MSFT
+$3.76M
4
HIDE icon
Alpha Architect High Inflation and Deflation ETF
HIDE
+$3.62M
5
NTSX icon
WisdomTree US Efficient Core Fund
NTSX
+$2.13M

Top Sells

Rank Stock Value
1
VTIP icon
Vanguard Short-Term Inflation-Protected Securities Index Fund
VTIP
+$5.46M
2
BIL icon
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
+$2.06M
3
VWO icon
Vanguard FTSE Emerging Markets ETF
VWO
+$1.9M
4
VEA icon
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
RTX icon
51
RTX Corp
RTX
$290B
$3.96M 0.41%
39,210
+2,947
+8% +$277K
NKE icon
52
Nike
NKE
$61.9B
$3.93M 0.41%
33,586
+2,835
+9% +$285K
AMGN icon
53
Amgen
AMGN
$208B
$3.91M 0.4%
14,878
+1,041
+8% +$279K
HON icon
54
Honeywell
HON
$77B
$3.9M 0.4%
19,322
+1,406
+8% +$269K
LOW icon
55
Lowe's Companies
LOW
$117B
$3.63M 0.38%
18,238
+985
+6% +$197K
UNP icon
56
Union Pacific
UNP
$174B
$3.55M 0.37%
17,136
+1,168
+7% +$240K
T icon
57
AT&T
T
$159B
$3.48M 0.36%
189,154
+15,311
+9% +$274K
NFLX icon
58
Netflix
NFLX
$299B
$3.44M 0.36%
116,570
+10,190
+10% +$286K
HIDE icon
59
Alpha Architect High Inflation and Deflation ETF
HIDE
$146M
$3.42M 0.35%
+146,138
New +$3.62M
CAT icon
60
Caterpillar
CAT
$375B
$3.41M 0.35%
14,236
+1,041
+8% +$227K
IBM icon
61
IBM
IBM
$211B
$3.35M 0.35%
23,782
+1,956
+9% +$270K
UPS icon
62
United Parcel Service
UPS
$88.6B
$3.33M 0.35%
19,171
+1,550
+9% +$268K
CRM icon
63
Salesforce
CRM
$151B
$3.32M 0.34%
25,038
+2,084
+9% +$304K
ELV icon
64
Elevance Health
ELV
$81.5B
$3.31M 0.34%
6,450
+491
+8% +$249K
DE icon
65
Deere & Co
DE
$160B
$3.3M 0.34%
7,703
+545
+8% +$222K
CVS icon
66
CVS Health
CVS
$133B
$3.22M 0.33%
34,566
+2,933
+9% +$283K
MS icon
67
Morgan Stanley
MS
$331B
$3.17M 0.33%
37,255
+2,582
+7% +$220K
SCHW
68
Charles Schwab
SCHW
$183B
$3.14M 0.33%
37,699
+3,341
+10% +$259K
LMT icon
69
Lockheed Martin
LMT
$134B
$3.1M 0.32%
6,374
+442
+7% +$205K
GS icon
70
Goldman Sachs
GS
$300B
$3.1M 0.32%
9,020
+757
+9% +$264K
SBUX icon
71
Starbucks
SBUX
$120B
$3.08M 0.32%
31,097
+2,475
+9% +$234K
INTC icon
72
Intel
INTC
$455B
$2.91M 0.3%
109,932
+9,035
+9% +$251K
CI icon
73
Cigna
CI
$73.7B
$2.88M 0.3%
8,692
+523
+6% +$165K
GILD icon
74
Gilead Sciences
GILD
$162B
$2.86M 0.3%
33,290
+2,679
+9% +$212K
INTU icon
75
Intuit
INTU
$86.5B
$2.84M 0.29%
7,292
+630
+9% +$250K
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 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.