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
+0.43%
1 Year Est. Return
+29.56%
3 Year Est. Return
+97.59%
5 Year Est. Return
+123.59%
10 Year Est. Return
–
AUM
$365M
AUM Growth
-$28.1M
Cap. Flow
-$26.9M
Cap. Flow %
-7.38%
Top 10 Hldgs %
56.68%
Holding
168
New
7
Increased
83
Reduced
58
Closed
15

Top Buys

Rank Stock Value
1
ANGL icon
VanEck Fallen Angel High Yield Bond ETF
ANGL
+$1.91M
2
AGGY icon
WisdomTree Yield Enhanced US Aggregate Bond Fund
AGGY
+$1.88M
3
VXUS icon
Vanguard Total International Stock ETF
VXUS
+$948K
4
VTI icon
Vanguard Total Stock Market ETF
VTI
+$808K
5
BIL icon
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
+$551K

Top Sells

Rank Stock Value
1
QMOM icon
Alpha Architect US Quantitative Momentum ETF
QMOM
+$7.95M
2
AAVM
EA Series Trust Alpha Architect Global Factor Equity ETF
AAVM
+$4.42M
3
SCHR
Schwab Intermediately-Term US Treasury ETF
SCHR
+$4.04M
4
QVAL icon
Alpha Architect US Quantitative Value ETF
QVAL
+$3.49M
5
IMOM icon
Alpha Architect International Quantitative Momentum ETF
IMOM
+$1.75M

Sector Composition

Rank Sector Weight
1 Consumer Discretionary 10.81%
2 Technology 6.78%
3 Industrials 4.63%
4 Communication Services 2.96%
5 Healthcare 2.94%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
IP icon
76
International Paper
IP
$22.9B
$963K 0.26%
23,463
+101
+0.4% +$4.28K
VXUS icon
77
Vanguard Total International Stock ETF
VXUS
$153B
$958K 0.26%
+18,153
New +$948K
ALSN icon
78
Allison Transmission
ALSN
$9.6B
$954K 0.26%
20,578
+109
+0.5% +$4.94K
BRK.B icon
79
Berkshire Hathaway Class B
BRK.B
$1.1T
$944K 0.26%
4,430
-84
-2% -$17.4K
M icon
80
Macy's
M
$6.56B
$939K 0.26%
43,771
+466
+1% +$10.6K
CALM icon
81
Cal-Maine
CALM
$4.46B
$931K 0.26%
22,304
+118
+0.5% +$4.86K
THO icon
82
Thor Industries
THO
$4.07B
$908K 0.25%
15,529
+82
+0.5% +$4.97K
WLK icon
83
Westlake Corp
WLK
$9.24B
$906K 0.25%
13,039
+69
+0.5% +$4.59K
CLF icon
84
Cleveland-Cliffs
CLF
$6.6B
$885K 0.24%
82,950
+439
+0.5% +$4.33K
JPM icon
85
JPMorgan Chase
JPM
$928B
$877K 0.24%
7,847
-157
-2% -$17.3K
JNJ icon
86
Johnson & Johnson
JNJ
$641B
$869K 0.24%
6,239
-26
-0.4% -$3.6K
KFY icon
87
Korn Ferry
KFY
$4.32B
$825K 0.23%
20,596
+110
+0.5% +$5K
DINO icon
88
HF Sinclair
DINO
$16.3B
$824K 0.23%
17,810
+93
+0.5% +$4.16K
TARO
89
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
$817K 0.22%
9,561
+50
+0.5% +$4.95K
DLX icon
90
Deluxe
DLX
$1.25B
$804K 0.22%
19,784
+105
+0.5% +$4.43K
PAK
91
DELISTED
Global X MSCI Pakistan ETF
PAK
$789K 0.22%
29,899
– –
GOOG icon
92
Alphabet (Google) Class C
GOOG
$4.17T
$771K 0.21%
14,260
+120
+0.8% +$6.92K
VOO icon
93
Vanguard S&P 500 ETF
VOO
$971B
$753K 0.21%
2,799
– –
GOOGL icon
94
Alphabet (Google) Class A
GOOGL
$4.18T
$745K 0.2%
13,760
-140
-1% -$8.11K
BBBY
95
DELISTED
Bed Bath & Beyond Inc
BBBY
$737K 0.2%
63,384
+332
+0.5% +$4.92K
SWN
96
DELISTED
Southwestern Energy Company
SWN
$735K 0.2%
232,671
+2,566
+1% +$9.96K
URBN icon
97
Urban Outfitters
URBN
$6.5B
$720K 0.2%
31,660
+168
+0.5% +$4.55K
DBI icon
98
Designer Brands
DBI
$318M
$707K 0.19%
36,855
+196
+0.5% +$4K
BAC icon
99
Bank of America
BAC
$433B
$653K 0.18%
22,513
+273
+1% +$7.87K
UTHR icon
100
United Therapeutics
UTHR
$26.1B
$651K 0.18%
8,334
+44
+0.5% +$4.12K
2 3
4
5 6

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
GS
Gilead Sciences Foster City, California $2.12B AUM 143.53% 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

Empirical Finance's Q2 2019 Portfolio in Review

As of Q2 2019, Empirical Finance held 168 positions worth $365M, down 7.2% from $393M the previous quarter. Its ten largest holdings account for 57% of the portfolio.

Empirical Finance withdrew a net $26.9M in Q2 2019, closing 15 positions and reducing 58 holdings. Its most notable exit was Schwab Intermediately-Term US Treasury ETF, an estimated $4.04M position sold in full.

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

Against the trend, Empirical Finance opened a new position in VanEck Fallen Angel High Yield Bond ETF worth $1.94M.

  • Empirical Finance's largest Q2 2019 buy was VanEck Fallen Angel High Yield Bond ETF: 66,235 shares worth $1.94M.
  • Empirical Finance added most to Vanguard Total Stock Market ETF in Q2 2019, an estimated $808K increase.
  • Empirical Finance's biggest Q2 2019 reduction was Alpha Architect US Quantitative Momentum ETF, cutting an estimated $7.95M.
  • Empirical Finance fully exited Schwab Intermediately-Term US Treasury ETF in Q2 2019, selling an estimated $4.04M.
  • Empirical Finance's ten largest holdings make up 57% of its $365M portfolio in Q2 2019.
  • Empirical Finance opened 7 new positions and closed 15 in Q2 2019.
  • Empirical Finance's portfolio value fell 7.2% quarter-over-quarter to $365M.

Based on Empirical Finance's 13F filing for Q2 2019, filed 9 Jul 2019.