Empowered Funds Portfolio holdings
Empowered Funds, which does business as ETF Architect, offers a ready-made ETF platform for fund managers, advisers and family offices, and runs its own ETFs on the same platform. Its specialty is tax-free exchanges, which it has used to move managed accounts, hedge funds and mutual funds into ETFs. The firm began operating as an investment adviser in 2014 and is wholly owned by Alpha Architect, which was founded by Wesley Gray, a former finance professor at Drexel University.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$170M |
| 2 |
NVIDIA
NVDA
|
+$124M |
| 3 |
Amazon
AMZN
|
+$89.6M |
| 4 |
Apple
AAPL
|
+$76.8M |
| 5 |
iShares Core S&P 500 ETF
IVV
|
+$70.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Schwab Intermediately-Term US Treasury ETF
SCHR
|
+$70.3M |
| 2 |
Vanguard Short-Term Inflation-Protected Securities Index Fund
VTIP
|
+$62.3M |
| 3 |
Roku
ROKU
|
+$36.8M |
| 4 |
TSMC
TSM
|
+$29.3M |
| 5 |
Citigroup
C
|
+$27.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 27.88% |
| 2 | Financials | 12.13% |
| 3 | Miscellaneous | 9.74% |
| 4 | Consumer Discretionary | 9.41% |
| 5 | Healthcare | 9.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
2501
Aware
AWRE
$20.3M
| $27.6K | ﹤0.01% |
+24,653
| New | +$30K |
2026 Q3
0 quarters
|
|
2502
Southland Holdings
SLND
$51.2M
| $26.4K | ﹤0.01% |
+40,000
| New | +$26.1K |
2026 Q3
0 quarters
|
|
2503
DELISTED
Karyopharm Therapeutics
KPTI
| $26.4K | ﹤0.01% |
+21,610
| New | +$88.4K |
2026 Q3
0 quarters
|
|
2504
Educational Development Corp
EDUC
$7.33M
| $26K | ﹤0.01% |
+20,000
| New | +$27.9K |
2026 Q3
0 quarters
|
|
2505
eHealth
EHTH
$13.4M
| $25.8K | ﹤0.01% |
+36,343
| New | +$43.9K |
2026 Q3
0 quarters
|
|
2506
Xtant Medical Holdings
XTNT
$38.1M
| $24.5K | ﹤0.01% |
+69,100
| New | +$26.5K |
2026 Q3
0 quarters
|
|
2507
Innventure Inc
INV
$11.8M
| $22.4K | ﹤0.01% |
+39,000
| New | +$92.7K |
2026 Q3
0 quarters
|
|
2508
TScan Therapeutics
TCRX
$10.9M
| $21.8K | ﹤0.01% |
+69,207
| New | +$47.8K |
2026 Q3
0 quarters
|
|
2509
Actuate Therapeutics
ACTU
$6.85M
| $18K | ﹤0.01% |
+23,106
| New | +$27.8K |
2026 Q3
0 quarters
|
|
2510
UWM Holdings
UWMC
$870M
| $13.9K | ﹤0.01% |
+11,782
| New | +$18.9K |
2026 Q3
0 quarters
|
|
2511
Moving iMage Technologies
MITQ
$5.63M
| $7.37K | ﹤0.01% |
+12,734
| New | +$7.35K |
2026 Q3
0 quarters
|
|
2512
DELISTED
Arcosa
ACA
| – | – |
-1,772
| Closed | -$257K | – |
|
2513
Acadia Healthcare
ACHC
$3.51B
| – | – |
-6,967
| Closed | -$206K | – |
|
2514
ACM Research
ACMR
$3.36B
| – | – |
-1,802
| Closed | -$229K | – |
|
2515
Adeia
ADEA
$1.79B
| – | – |
-6,304
| Closed | -$208K | – |
|
2516
Adtran
ADTN
$394M
| – | – |
-184,606
| Closed | -$2.57M | – |
|
2517
AAR Corp
AIR
$4.36B
| – | – |
-1,958
| Closed | -$280K | – |
|
2518
Allegion
ALLE
$16.3B
| – | – |
-10,306
| Closed | -$1.45M | – |
|
2519
Ameresco
AMRC
$1.35B
| – | – |
-63,769
| Closed | -$1.76M | – |
|
2520
DELISTED
Apogee Therapeutics
APGE
| – | – |
-2,065
| Closed | -$274K | – |
|
2521
Ares Capital
ARCC
$13.8B
| – | – |
-38,192
| Closed | -$708K | – |
|
2522
argenx
ARGX
$60.4B
| – | – |
-922
| Closed | -$855K | – |
|
2523
Archrock
AROC
$4.8B
| – | – |
-6,093
| Closed | -$248K | – |
|
2524
Arrowhead Research
ARWR
$6.75B
| – | – |
-108,041
| Closed | -$8.81M | – |
|
2525
Associated Banc-Corp
ASB
$5.75B
| – | – |
-7,445
| Closed | -$229K | – |
|
Similar funds
Empowered Funds's Q3 2026 Portfolio in Review
As of Q3 2026, Empowered Funds held 2,696 positions worth $21.7B, up 14% from $19B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Empowered Funds deployed $2.79B of net new capital in Q3 2026, opening 584 new positions and adding to 1,313 existing holdings. Its largest new stake was SK Hynix Inc: 193,851 shares worth $35.7M.
By sector, the portfolio is most concentrated in Technology at 28% of assets, up from 26% a quarter earlier, followed by Financials and Miscellaneous.
On the sell side, the largest reduction was Roku, an estimated $36.8M trimmed.
- Empowered Funds's largest Q3 2026 buy was SK Hynix Inc: 193,851 shares worth $35.7M.
- Empowered Funds added most to Microsoft in Q3 2026, an estimated $170M increase.
- Empowered Funds's biggest Q3 2026 reduction was Roku, cutting an estimated $36.8M.
- Empowered Funds fully exited Schwab Intermediately-Term US Treasury ETF in Q3 2026, selling an estimated $70.3M.
- Empowered Funds's ten largest holdings make up 19% of its $21.7B portfolio in Q3 2026.
- Empowered Funds opened 584 new positions and closed 184 in Q3 2026.
- Empowered Funds's portfolio value rose 14% quarter-over-quarter to $21.7B.
Based on Empowered Funds's 13F filing for Q3 2026, filed 13 Nov 2026.