We are live on ! Find out more
EWM

Empirical Wealth Management Portfolio holdings

AUM $6.85B
1-Year Est. Return 30.02%
This Fund
S&P 500
This Quarter Est. Return
+2.15%
1 Year Est. Return
+30.02%
3 Year Est. Return
+78.84%
5 Year Est. Return
+77.47%
10 Year Est. Return
+164.63%
AUM
$5.61B
AUM Growth
+$616M
Cap. Flow
+$527M
Cap. Flow %
9.39%
Top 10 Hldgs %
39.49%
Holding
989
New
194
Increased
387
Reduced
260
Closed
93

Top Buys

Rank Stock Value
1
QUAL icon
iShares MSCI USA Quality Factor ETF
QUAL
+$153M
2
IQLT icon
iShares MSCI Intl Quality Factor ETF
IQLT
+$133M
3
NVDA icon
NVIDIA
NVDA
+$47.1M
4
QGRW icon
WisdomTree US Quality Growth Fund
QGRW
+$42M
5
VTIP icon
Vanguard Short-Term Inflation-Protected Securities Index Fund
VTIP
+$17.6M

Top Sells

Rank Stock Value
1
MTUM icon
iShares MSCI USA Momentum Factor ETF
MTUM
+$14.2M
2
SCHE icon
Schwab Emerging Markets Equity ETF
SCHE
+$8.48M
3
BSCP
Invesco BulletShares 2025 Corporate Bond ETF
BSCP
+$3.37M
4
ADP icon
Automatic Data Processing
ADP
+$3.16M
5
VTI icon
Vanguard Morningstar Total Stock Market ETF
VTI
+$2.76M

Sector Composition

Rank Sector Weight
1 Technology 16.62%
2 Financials 3.7%
3 Consumer Discretionary 3.28%
4 Communication Services 3.23%
5 Industrials 2.52%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ESGU icon
101
iShares ESG Aware MSCI USA ETF
ESGU
$18.3B
$9.31M 0.17%
62,473
-1,403
-2% -$207K
TJX icon
102
TJX Companies
TJX
$172B
$9.18M 0.16%
59,786
+2,067
+4% +$306K
AZO icon
103
AutoZone
AZO
$49.8B
$9.05M 0.16%
2,669
+170
+7% +$642K
FNDF icon
104
Schwab Fundamental International Large Company Index ETF
FNDF
$25.6B
$8.94M 0.16%
197,812
-2,005
-1% -$88.8K
MU icon
105
Micron Technology
MU
$973B
$8.45M 0.15%
29,621
-1,116
-4% -$256K
MCK icon
106
McKesson
MCK
$105B
$8.44M 0.15%
10,284
+275
+3% +$224K
WDC icon
107
Western Digital
WDC
$152B
$8.35M 0.15%
48,461
-7,130
-13% -$1.08M
RTX icon
108
RTX Corp
RTX
$301B
$8.34M 0.15%
45,472
+2,335
+5% +$406K
ABBV icon
109
AbbVie
ABBV
$442B
$8.27M 0.15%
36,207
+2,833
+8% +$645K
CVX icon
110
Chevron
CVX
$385B
$8.22M 0.15%
53,944
-177
-0.3% -$27K
FTSL icon
111
First Trust Senior Loan Fund ETF
FTSL
$2.33B
$8.19M 0.15%
178,471
+5,826
+3% +$267K
UAL icon
112
United Airlines
UAL
$41.2B
$8.14M 0.15%
72,785
+4,797
+7% +$485K
TXN icon
113
Texas Instruments
TXN
$256B
$7.79M 0.14%
44,929
-6,845
-13% -$1.17M
PAYX icon
114
Paychex
PAYX
$43.2B
$7.74M 0.14%
68,998
-174
-0.3% -$20.4K
HD icon
115
Home Depot
HD
$354B
$7.71M 0.14%
22,393
+2,976
+15% +$1.09M
SHM icon
116
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM
$3.47B
$7.65M 0.14%
159,329
+17,030
+12% +$817K
NEM icon
117
Newmont
NEM
$123B
$7.61M 0.14%
76,217
+4,503
+6% +$407K
ETN icon
118
Eaton
ETN
$178B
$7.09M 0.13%
22,269
+1,118
+5% +$396K
SPIB icon
119
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$11.5B
$6.98M 0.12%
206,531
-6,821
-3% -$231K
QCOM icon
120
Qualcomm
QCOM
$171B
$6.92M 0.12%
40,480
-573
-1% -$98.2K
KAT
121
Scharf ETF
KAT
$678M
$6.56M 0.12%
+119,254
New +$6.53M
TSM icon
122
TSMC
TSM
$2.19T
$6.26M 0.11%
20,592
+3,445
+20% +$1.01M
HPE icon
123
Hewlett Packard
HPE
$71.9B
$6.21M 0.11%
258,668
+30,800
+14% +$726K
AMAT icon
124
Applied Materials
AMAT
$417B
$6.17M 0.11%
24,011
-1,275
-5% -$306K
HYD icon
125
VanEck High Yield Muni ETF
HYD
$4.4B
$6.15M 0.11%
120,324
-3,303
-3% -$168K
3 4
5
6 7

Similar funds

GAM
Groupama Asset Management Paris, France $6.85B AUM 43.37% 1-Year Est. Return
AMH
Aspex Management (HK) Central, Hong Kong $6.9B AUM 28.37% 1-Year Est. Return
CF
Cantor Fitzgerald New York $6.78B AUM 28.97% 1-Year Est. Return
JCAM
Jericho Capital Asset Management New York $6.76B AUM 88.1% 1-Year Est. Return
CIMLRA
CBRE Investment Management Listed Real Assets Radnor, Pennsylvania $6.75B AUM 8.88% 1-Year Est. Return
PFA
Pure Financial Advisors San Diego, California $6.97B AUM 16.14% 1-Year Est. Return
SPC
Slate Path Capital New York $6.73B AUM 95.97% 1-Year Est. Return
SPS
Susquehanna Portfolio Strategies Bala Cynwyd, Pennsylvania $6.73B AUM 45.57% 1-Year Est. Return

Empirical Wealth Management's Q4 2025 Portfolio in Review

As of Q4 2025, Empirical Wealth Management held 989 positions worth $5.61B, up 12% from $5B the previous quarter. Its ten largest holdings account for 39% of the portfolio.

Empirical Wealth Management deployed $527M of net new capital in Q4 2025, opening 194 new positions and adding to 387 existing holdings. Its largest new stake was Scharf ETF: 119,254 shares worth $6.56M.

By sector, the portfolio is most concentrated in Technology at 17% of assets, down from 17% a quarter earlier, followed by Financials and Consumer Discretionary.

On the sell side, the largest reduction was iShares MSCI USA Momentum Factor ETF, an estimated $14.2M trimmed.

  • Empirical Wealth Management's largest Q4 2025 buy was Scharf ETF: 119,254 shares worth $6.56M.
  • Empirical Wealth Management added most to iShares MSCI USA Quality Factor ETF in Q4 2025, an estimated $153M increase.
  • Empirical Wealth Management's biggest Q4 2025 reduction was iShares MSCI USA Momentum Factor ETF, cutting an estimated $14.2M.
  • Empirical Wealth Management fully exited Invesco BulletShares 2025 Corporate Bond ETF in Q4 2025, selling an estimated $3.37M.
  • Empirical Wealth Management's ten largest holdings make up 39% of its $5.61B portfolio in Q4 2025.
  • Empirical Wealth Management opened 194 new positions and closed 93 in Q4 2025.
  • Empirical Wealth Management's portfolio value rose 12% quarter-over-quarter to $5.61B.

Based on Empirical Wealth Management's 13F filing for Q4 2025, filed 16 Jan 2026.