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
PGR icon
101
Progressive
PGR
$123B
$2.02M 0.21%
15,602
+1,194
+8% +$151K
TMUS icon
102
T-Mobile US
TMUS
$190B
$2.01M 0.21%
14,387
+1,284
+10% +$184K
EOG icon
103
EOG Resources
EOG
$76.4B
$2M 0.21%
15,468
+1,291
+9% +$172K
SO icon
104
Southern Company
SO
$107B
$2M 0.21%
28,003
+2,274
+9% +$152K
VRTX icon
105
Vertex Pharmaceuticals
VRTX
$121B
$1.97M 0.2%
6,822
+545
+9% +$166K
BDX icon
106
Becton Dickinson
BDX
$46.9B
$1.93M 0.2%
7,579
+590
+8% +$139K
TGT icon
107
Target
TGT
$67.3B
$1.92M 0.2%
12,872
+1,027
+9% +$161K
NOW icon
108
ServiceNow
NOW
$122B
$1.9M 0.2%
24,440
+2,195
+10% +$172K
FCX icon
109
Freeport-McMoran
FCX
$96.7B
$1.87M 0.19%
49,125
+3,028
+7% +$106K
MU icon
110
Micron Technology
MU
$1.01T
$1.86M 0.19%
37,160
+2,471
+7% +$135K
REGN icon
111
Regeneron Pharmaceuticals
REGN
$78.3B
$1.85M 0.19%
2,558
+240
+10% +$177K
NUE icon
112
Nucor
NUE
$62.4B
$1.83M 0.19%
13,880
+525
+4% +$71.3K
CSX icon
113
CSX Corp
CSX
$94.5B
$1.83M 0.19%
59,011
+4,053
+7% +$122K
ZTS icon
114
Zoetis
ZTS
$31.9B
$1.82M 0.19%
12,426
+951
+8% +$141K
VLO icon
115
Valero Energy
VLO
$88.9B
$1.81M 0.19%
14,266
+734
+5% +$92.1K
MMM icon
116
3M
MMM
$93.6B
$1.81M 0.19%
18,038
+1,252
+7% +$128K
APD icon
117
Air Products & Chemicals
APD
$65.6B
$1.8M 0.19%
5,846
+457
+8% +$129K
OXY icon
118
Occidental Petroleum
OXY
$54.8B
$1.77M 0.18%
28,030
+907
+3% +$61.8K
PNC icon
119
PNC Financial Services
PNC
$101B
$1.76M 0.18%
11,167
+838
+8% +$132K
CL icon
120
Colgate-Palmolive
CL
$73.8B
$1.75M 0.18%
22,269
+1,679
+8% +$126K
DOW icon
121
Dow Inc
DOW
$21.9B
$1.74M 0.18%
34,483
+1,454
+4% +$71K
HUM icon
122
Humana
HUM
$43.5B
$1.74M 0.18%
3,391
+272
+9% +$143K
BSX icon
123
Boston Scientific
BSX
$71.1B
$1.73M 0.18%
37,449
+2,989
+9% +$129K
PXD
124
DELISTED
Pioneer Natural Resource Co.
PXD
$1.67M 0.17%
7,326
+589
+9% +$143K
ITW icon
125
Illinois Tool Works
ITW
$84.9B
$1.67M 0.17%
7,558
+566
+8% +$121K
3 4
5
6 7

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.