Empirical Finance Portfolio holdings

AUM $1.66B

This Quarter Return

-2.88%

1 Year Return

+12.6%

3 Year Return

+50.56%

5 Year Return

+188.16%

10 Year Return

–

AUM

$1.66B

AUM Growth

-$72.5M (-4%)

Cap. Flow

+$9.89M

Cap. Flow % of AUM

0.6%

Top 10 Holdings %Top 10 Hldgs %

32.59%

Holding

514

New

Increased

437

Reduced

Closed

Top Buys

1	Energy Transfer Partners ET	$4.47M
2	Axos Financial AX	$2.68M
3	Grupo Aeroportuario Centro Norte OMAB	$2.26M
4	Ecopetrol EC	$1.81M
5	Federal Agricultural Mortgage AGM	$1.67M

Top Sells

1	Alpha Architect US Quantitative Value ETF QVAL	$4.32M
2	Microsoft MSFT	$3.27M
3	NVIDIA NVDA	$3.23M
4	Alpha Architect International Quantitative Value ETF IVAL	$2.82M
5	Alpha Architect US Quantitative Momentum ETF QMOM	$2.67M

Sector Composition

1	Technology	28.12%
2	Financials	12.57%
3	Healthcare	11.4%
4	Consumer Discretionary	9.93%
5	Communication Services	9.8%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
201	201 Verisk Analytics VRSK $42.2B	$1.54M	0.09%	5,177 +115	+2%	+$34.2K
202	202 Edwards Lifesciences EW $44.9B	$1.54M	0.09%	21,195 +461	+2%	+$33.4K
203	203 Cummins CMI $48.3B	$1.53M	0.09%	4,887 +103	+2%	+$32.3K
204	204 Ross Stores ROST $42.5B	$1.53M	0.09%	11,958 +240	+2%	+$30.7K
205	205 Hess HES	$1.53M	0.09%	9,561 +230	+2%	+$36.7K
206	206 Monster Beverage MNST $57.5B	$1.52M	0.09%	26,004 +625	+2%	+$36.6K
207	207 Intercontinental Exchange ICE $104B	$1.51M	0.09%	8,770 +363	+4%	+$62.6K
208	208 Fidelity National Information Services FIS $42.2B	$1.51M	0.09%	20,204 +416	+2%	+$31.1K
209	209 United Rentals URI $52.5B	$1.51M	0.09%	2,404 +50	+2%	+$31.3K
210	210 Otis Worldwide OTIS $39.2B	$1.48M	0.09%	14,373 +333	+2%	+$34.4K
211	211 Delta Air Lines DAL $36.8B	$1.47M	0.09%	33,817 +610	+2%	+$26.6K
212	212 Newmont NEM $64.8B	$1.47M	0.09%	30,399 +853	+3%	+$41.2K
213	213 Take-Two Interactive TTWO $42.3B	$1.46M	0.09%	7,046 +2,231	+46%	+$462K
214	214 iShares MSCI ACWI ETF ACWI $22.4B	$1.45M	0.09%	12,489	–	–
215	215 Public Service Enterprise Group PEG $42.1B	$1.44M	0.09%	17,456 +396	+2%	+$32.6K
216	216 Prudential Financial PRU $36.6B	$1.43M	0.09%	12,829 +280	+2%	+$31.3K
217	217 Tapestry TPR $21.5B	$1.43M	0.09%	20,337 +444	+2%	+$31.3K
218	218 Jabil JBL $24B	$1.42M	0.09%	10,404 +206	+2%	+$28K
219	219 L3Harris LHX $49.5B	$1.41M	0.09%	6,742 +154	+2%	+$32.2K
220	220 CBRE Group CBRE $41.6B	$1.41M	0.09%	10,770 +236	+2%	+$30.9K
221	221 Ametek AME $41.2B	$1.38M	0.08%	8,041 +184	+2%	+$31.7K
222	222 Interpublic Group of Companies IPG $8.94B	$1.38M	0.08%	50,746 +921	+2%	+$25K
223	223 Charter Communications CHTR $52.2B	$1.37M	0.08%	3,731 +88	+2%	+$32.4K
224	224 Ford F $44.4B	$1.37M	0.08%	137,078 +3,190	+2%	+$32K
225	225 D.R. Horton DHI $40.5B	$1.37M	0.08%	10,790 +233	+2%	+$29.6K