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
+10.24%
1 Year Est. Return
+29.56%
3 Year Est. Return
+97.59%
5 Year Est. Return
+123.59%
10 Year Est. Return
–
AUM
$847M
AUM Growth
+$183M
Cap. Flow
+$126M
Cap. Flow %
14.82%
Top 10 Hldgs %
33.1%
Holding
469
New
51
Increased
318
Reduced
88
Closed
6

Top Buys

Rank Stock Value
1
MSFT icon
Microsoft
MSFT
+$11.3M
2
AAPL icon
Apple
AAPL
+$11M
3
AMZN icon
Amazon
AMZN
+$6.86M
4
TSLA icon
Tesla
TSLA
+$6.45M
5
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$3.97M

Top Sells

Rank Stock Value
1
PDBC icon
Invesco Actively Managed Exch-Traded Commodity Fd Tr Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
PDBC
+$5.14M
2
PHM icon
Pultegroup
PHM
+$1.5M
3
ARW icon
Arrow Electronics
ARW
+$1.12M
4
NNN icon
NNN REIT
NNN
+$1.12M
5
BC icon
Brunswick
BC
+$1.03M

Sector Composition

Rank Sector Weight
1 Technology 20.41%
2 Healthcare 11.26%
3 Consumer Discretionary 10.4%
4 Financials 9.19%
5 Communication Services 8.36%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
AAPL icon
1
Apple
AAPL
$4.94T
$49M 5.79%
276,013
+69,784
+34% +$11M
MSFT icon
2
Microsoft
MSFT
$2.92T
$41.1M 4.85%
122,118
+34,828
+40% +$11.3M
QVAL icon
3
Alpha Architect US Quantitative Value ETF
QVAL
$589M
$35.2M 4.16%
946,931
+10,642
+1% +$390K
IVAL icon
4
Alpha Architect International Quantitative Value ETF
IVAL
$218M
$31.7M 3.75%
1,205,781
+11,361
+1% +$305K
IMOM icon
5
Alpha Architect International Quantitative Momentum ETF
IMOM
$147M
$30.3M 3.57%
895,252
+8,925
+1% +$307K
AMZN icon
6
Amazon
AMZN
$2.47T
$24.4M 2.89%
146,640
+40,060
+38% +$6.86M
QMOM icon
7
Alpha Architect US Quantitative Momentum ETF
QMOM
$414M
$22.5M 2.66%
449,281
+4,792
+1% +$248K
VTI icon
8
Vanguard Total Stock Market ETF
VTI
$653B
$16.8M 1.99%
69,637
+2
+0% +$472
GOOGL icon
9
Alphabet (Google) Class A
GOOGL
$4T
$14.9M 1.76%
103,140
+27,540
+36% +$3.97M
GOOG icon
10
Alphabet (Google) Class C
GOOG
$3.99T
$14.3M 1.69%
98,860
+25,400
+35% +$3.67M
META icon
11
Meta Platforms (Facebook)
META
$1.51T
$13.9M 1.64%
41,239
+10,923
+36% +$3.63M
AAVM
12
EA Series Trust Alpha Architect Global Factor Equity ETF
AAVM
$25M
$13M 1.54%
486,363
-15,463
-3% -$422K
QQQ icon
13
Invesco QQQ Trust
QQQ
$442B
$12.5M 1.47%
31,314
– –
NVDA icon
14
NVIDIA
NVDA
$4.72T
$12.1M 1.43%
411,380
+114,440
+39% +$3.15M
BRK.B icon
15
Berkshire Hathaway Class B
BRK.B
$1.1T
$9.74M 1.15%
32,576
+8,382
+35% +$2.4M
TSLA icon
16
Tesla
TSLA
$1.2T
$9.57M 1.13%
27,183
+19,242
+242% +$6.45M
UNH icon
17
UnitedHealth
UNH
$380B
$8.77M 1.04%
17,474
+3,180
+22% +$1.44M
JPM icon
18
JPMorgan Chase
JPM
$944B
$8.3M 0.98%
52,406
+13,406
+34% +$2.2M
JNJ icon
19
Johnson & Johnson
JNJ
$656B
$7.76M 0.92%
45,347
+12,076
+36% +$1.98M
HD icon
20
Home Depot
HD
$346B
$7.7M 0.91%
18,552
+4,787
+35% +$1.82M
PG icon
21
Procter & Gamble
PG
$354B
$6.89M 0.81%
42,138
+11,048
+36% +$1.64M
PFE icon
22
Pfizer
PFE
$144B
$5.67M 0.67%
96,021
+25,430
+36% +$1.26M
MA icon
23
Mastercard
MA
$493B
$5.42M 0.64%
15,081
+3,965
+36% +$1.37M
VEA icon
24
Vanguard FTSE Developed Markets ETF
VEA
$225B
$5.3M 0.63%
103,746
– –
BAC icon
25
Bank of America
BAC
$437B
$5.29M 0.62%
118,795
+19,167
+19% +$873K
1
2 3 4 5

Similar funds

GHA
GW Henssler & Associates Kennesaw, Georgia $2.12B AUM 20.77% 1-Year Est. Return
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

Empirical Finance's Q4 2021 Portfolio in Review

As of Q4 2021, Empirical Finance held 469 positions worth $847M, up 28% from $663M the previous quarter. Its ten largest holdings account for 33% of the portfolio.

Empirical Finance deployed $126M of net new capital in Q4 2021, opening 51 new positions and adding to 318 existing holdings. Its largest new stake was Moderna: 2,192 shares worth $557K.

By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 16% a quarter earlier, followed by Healthcare and Consumer Discretionary.

On the sell side, the largest reduction was Invesco Actively Managed Exch-Traded Commodity Fd Tr Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF, an estimated $5.14M trimmed.

  • Empirical Finance's largest Q4 2021 buy was Moderna: 2,192 shares worth $557K.
  • Empirical Finance added most to Microsoft in Q4 2021, an estimated $11.3M increase.
  • Empirical Finance's biggest Q4 2021 reduction was Invesco Actively Managed Exch-Traded Commodity Fd Tr Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF, cutting an estimated $5.14M.
  • Empirical Finance fully exited NNN REIT in Q4 2021, selling an estimated $1.12M.
  • Empirical Finance's ten largest holdings make up 33% of its $847M portfolio in Q4 2021.
  • Empirical Finance opened 51 new positions and closed 6 in Q4 2021.
  • Empirical Finance's portfolio value rose 28% quarter-over-quarter to $847M.

Based on Empirical Finance's 13F filing for Q4 2021, filed 4 Feb 2022.