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
+11.75%
1 Year Est. Return
+29.56%
3 Year Est. Return
+97.59%
5 Year Est. Return
+123.59%
10 Year Est. Return
–
AUM
$1.43B
AUM Growth
+$72.6M
Cap. Flow
-$67.2M
Cap. Flow %
-4.68%
Top 10 Hldgs %
30.02%
Holding
534
New
24
Increased
339
Reduced
115
Closed
21

Top Buys

Rank Stock Value
1
BOXX icon
Alpha Architect 1-3 Month Box ETF
BOXX
+$1.66M
2
MSFT icon
Microsoft
MSFT
+$629K
3
VLTO icon
Veralto
VLTO
+$565K
4
PHM icon
Pultegroup
PHM
+$563K
5
DHI icon
D.R. Horton
DHI
+$536K

Top Sells

Rank Stock Value
1
SGOV icon
iShares 0-3 Month Treasury Bond ETF
SGOV
+$26.9M
2
IMOM icon
Alpha Architect International Quantitative Momentum ETF
IMOM
+$10.1M
3
QMOM icon
Alpha Architect US Quantitative Momentum ETF
QMOM
+$8.98M
4
IVAL icon
Alpha Architect International Quantitative Value ETF
IVAL
+$8.6M
5
QVAL icon
Alpha Architect US Quantitative Value ETF
QVAL
+$8.25M

Sector Composition

Rank Sector Weight
1 Technology 27.37%
2 Healthcare 12.03%
3 Financials 10.77%
4 Consumer Discretionary 10.06%
5 Communication Services 8.62%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
UPS icon
76
United Parcel Service
UPS
$91.5B
$4M 0.28%
25,409
+190
+0.8% +$28.7K
AXP icon
77
American Express
AXP
$235B
$3.97M 0.28%
21,188
– –
ELV icon
78
Elevance Health
ELV
$82.1B
$3.93M 0.27%
8,336
+28
+0.3% +$12.9K
SBUX icon
79
Starbucks
SBUX
$119B
$3.88M 0.27%
40,419
+101
+0.3% +$9.83K
DE icon
80
Deere & Co
DE
$167B
$3.86M 0.27%
9,658
-4
-0% -$1.51K
BMY icon
81
Bristol-Myers Squibb
BMY
$131B
$3.84M 0.27%
74,813
+94
+0.1% +$4.93K
TJX icon
82
TJX Companies
TJX
$174B
$3.81M 0.27%
40,630
+124
+0.3% +$11.1K
LRCX icon
83
Lam Research
LRCX
$392B
$3.74M 0.26%
47,810
+140
+0.3% +$9.54K
LMT icon
84
Lockheed Martin
LMT
$135B
$3.7M 0.26%
8,160
-3
-0% -$1.33K
VRTX icon
85
Vertex Pharmaceuticals
VRTX
$121B
$3.67M 0.26%
9,018
+48
+0.5% +$17.7K
VXUS icon
86
Vanguard Total International Stock ETF
VXUS
$158B
$3.66M 0.25%
63,077
-16,405
-21% -$896K
PTNQ icon
87
Pacer Trendpilot 100 ETF
PTNQ
$1.25B
$3.64M 0.25%
55,734
– –
CVS icon
88
CVS Health
CVS
$133B
$3.57M 0.25%
45,200
+149
+0.3% +$10.6K
ADI icon
89
Analog Devices
ADI
$184B
$3.56M 0.25%
17,950
+53
+0.3% +$9.46K
GILD icon
90
Gilead Sciences
GILD
$162B
$3.56M 0.25%
43,920
+211
+0.5% +$16.4K
MPC icon
91
Marathon Petroleum
MPC
$91.2B
$3.56M 0.25%
23,980
-1,001
-4% -$149K
C icon
92
Citigroup
C
$231B
$3.55M 0.25%
69,072
+198
+0.3% +$8.77K
MDLZ icon
93
Mondelez International
MDLZ
$78.4B
$3.49M 0.24%
48,198
+254
+0.5% +$17.4K
SYK icon
94
Stryker
SYK
$128B
$3.48M 0.24%
11,627
+89
+0.8% +$25K
SCHW
95
Charles Schwab
SCHW
$185B
$3.46M 0.24%
50,324
+229
+0.5% +$13.2K
ADP icon
96
Automatic Data Processing
ADP
$107B
$3.4M 0.24%
14,588
+61
+0.4% +$14.2K
EOG icon
97
EOG Resources
EOG
$76.5B
$3.36M 0.23%
27,796
+133
+0.5% +$16.6K
MRSH
98
Marsh
MRSH
$90.9B
$3.29M 0.23%
17,365
+60
+0.3% +$11.6K
MU icon
99
Micron Technology
MU
$1.01T
$3.27M 0.23%
38,321
-7,460
-16% -$554K
PSX icon
100
Phillips 66
PSX
$82.2B
$3.25M 0.23%
24,384
+3,913
+19% +$468K
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
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 2023 Portfolio in Review

As of Q4 2023, Empirical Finance held 534 positions worth $1.43B, up 5.3% from $1.36B the previous quarter. Its ten largest holdings account for 30% of the portfolio.

Empirical Finance withdrew a net $67.2M in Q4 2023, closing 21 positions and reducing 115 holdings. Its most notable exit was iShares 0-3 Month Treasury Bond ETF, an estimated $26.9M position sold in full.

By sector, the portfolio is most concentrated in Technology at 27% of assets, up from 25% a quarter earlier, followed by Healthcare and Financials.

Against the trend, Empirical Finance opened a new position in Veralto worth $622K.

  • Empirical Finance's largest Q4 2023 buy was Veralto: 7,563 shares worth $622K.
  • Empirical Finance added most to Alpha Architect 1-3 Month Box ETF in Q4 2023, an estimated $1.66M increase.
  • Empirical Finance's biggest Q4 2023 reduction was Alpha Architect International Quantitative Momentum ETF, cutting an estimated $10.1M.
  • Empirical Finance fully exited iShares 0-3 Month Treasury Bond ETF in Q4 2023, selling an estimated $26.9M.
  • Empirical Finance's ten largest holdings make up 30% of its $1.43B portfolio in Q4 2023.
  • Empirical Finance opened 24 new positions and closed 21 in Q4 2023.
  • Empirical Finance's portfolio value rose 5.3% quarter-over-quarter to $1.43B.

Based on Empirical Finance's 13F filing for Q4 2023, filed 14 Feb 2024.