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EWM

Empirical Wealth Management Portfolio holdings

AUM $6.85B
1-Year Est. Return 30.02%
This Fund
S&P 500
This Quarter Est. Return
+1.64%
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
$381M
AUM Growth
-$32.7M
Cap. Flow
-$38.9M
Cap. Flow %
-10.22%
Top 10 Hldgs %
73.13%
Holding
111
New
7
Increased
32
Reduced
58
Closed
4
Name Market Value Portfolio Weight Shares or Principal Change
in Stake
Capital Flow
VCSH icon
1
Vanguard Short-Term Corporate Bond ETF
VCSH
$44.7B
$81.6M 21.44%
1,009,840
-4,005
-0.4% -$321K
VCIT icon
2
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$66.2B
$52.3M 13.74%
585,000
-9,160
-2% -$803K
VTIP icon
3
Vanguard Short-Term Inflation-Protected Securities Index Fund
VTIP
$19.1B
$38.8M 10.18%
783,584
+35,932
+5% +$1.77M
SHY icon
4
iShares 1-3 Year Treasury Bond ETF
SHY
$25.4B
$27.5M 7.21%
321,749
-14,290
-4% -$1.21M
SJNK icon
5
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
$4.87B
$19.2M 5.04%
710,831
+39,439
+6% +$1.04M
IEMG icon
6
iShares Core MSCI Emerging Markets ETF
IEMG
$144B
$15.8M 4.15%
377,869
+13,031
+4% +$534K
SCHX icon
7
Schwab US Large- Cap ETF
SCHX
$70.7B
$15M 3.94%
1,809,660
-2,448,048
-57% -$20.1M
VNQ icon
8
Vanguard Real Estate ETF
VNQ
$39.8B
$12M 3.15%
135,217
-42,710
-24% -$3.59M
VV icon
9
Vanguard Large-Cap ETF
VV
$51.5B
$9.45M 2.48%
98,580
-10,715
-10% -$1.02M
HYMB icon
10
State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
$3.1B
$6.86M 1.8%
229,504
+33,002
+17% +$965K
VEA icon
11
Vanguard FTSE Developed Markets ETF
VEA
$223B
$6.01M 1.58%
170,031
-307,109
-64% -$11.1M
TIP icon
12
iShares TIPS Bond ETF
TIP
$14.5B
$4.52M 1.19%
38,743
-1,419
-4% -$163K
EMB icon
13
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
$4.39M 1.15%
38,143
-2
-0% -$223
SCHZ icon
14
Schwab US Aggregate Bond ETF
SCHZ
$10.5B
$4.16M 1.09%
154,858
+196
+0.1% +$5.2K
MUB icon
15
iShares National Muni Bond ETF
MUB
$45.2B
$4.03M 1.06%
35,401
+1,547
+5% +$174K
VTI icon
16
Vanguard Total Stock Market ETF
VTI
$650B
$3.95M 1.04%
36,860
-2,539
-6% -$269K
FM
17
DELISTED
iShares Frontier and Select EM ETF
FM
$2.22M 0.58%
90,503
+1,680
+2% +$42.1K
MSFT icon
18
Microsoft
MSFT
$2.93T
$2.19M 0.57%
42,788
+1,010
+2% +$52.5K
SCHE icon
19
Schwab Emerging Markets Equity ETF
SCHE
$12.2B
$2.09M 0.55%
98,362
+6,043
+7% +$124K
BSCH
20
DELISTED
Guggenheim BulletShares 2017 Corporate Bond ETF
BSCH
$1.99M 0.52%
87,369
-2,113
-2% -$48K
BSCI
21
DELISTED
Invesco BulletShares 2018 Corporate Bond ETF
BSCI
$1.97M 0.52%
92,208
-3,862
-4% -$82.1K
SHM icon
22
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM
$3.46B
$1.97M 0.52%
40,116
+2,446
+6% +$120K
BSCJ
23
DELISTED
Invesco BulletShares 2019 Corporate Bond ETF
BSCJ
$1.97M 0.52%
91,891
+2,280
+3% +$48.5K
SCHP icon
24
Schwab US TIPS ETF
SCHP
$16.3B
$1.94M 0.51%
68,710
-1,094
-2% -$30.4K
AAPL icon
25
Apple
AAPL
$5.01T
$1.94M 0.51%
81,008
-11,480
-12% -$285K

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Empirical Wealth Management's Q2 2016 Portfolio in Review

As of Q2 2016, Empirical Wealth Management held 111 positions worth $381M, down 7.9% from $413M the previous quarter. Its ten largest holdings account for 73% of the portfolio.

Empirical Wealth Management withdrew a net $38.9M in Q2 2016, closing 4 positions and reducing 58 holdings. Its most notable exit was Southwest Airlines, an estimated $289K position sold in full.

By sector, the portfolio is most concentrated in Technology at 1.6% of assets, down from 1.7% a quarter earlier, followed by Financials and Consumer Discretionary.

Against the trend, Empirical Wealth Management opened a new position in iShares Core S&P Small-Cap ETF worth $312K.

  • Empirical Wealth Management's largest Q2 2016 buy was iShares Core S&P Small-Cap ETF: 5,376 shares worth $312K.
  • Empirical Wealth Management added most to Vanguard Short-Term Inflation-Protected Securities Index Fund in Q2 2016, an estimated $1.77M increase.
  • Empirical Wealth Management's biggest Q2 2016 reduction was Schwab US Large- Cap ETF, cutting an estimated $20.1M.
  • Empirical Wealth Management fully exited Southwest Airlines in Q2 2016, selling an estimated $289K.
  • Empirical Wealth Management's ten largest holdings make up 73% of its $381M portfolio in Q2 2016.
  • Empirical Wealth Management opened 7 new positions and closed 4 in Q2 2016.
  • Empirical Wealth Management's portfolio value fell 7.9% quarter-over-quarter to $381M.

Based on Empirical Wealth Management's 13F filing for Q2 2016, filed 1 Aug 2016.