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 | |
|---|---|---|---|---|---|---|---|
2676
V2X
VVX
$2.52B
| – | – |
-78,851
| Closed | -$5.88M | – |
|
2677
Whirlpool
WHR
$1.91B
| – | – |
-9,553
| Closed | -$377K | – |
|
2678
Winmark
WINA
$967M
| – | – |
-476
| Closed | -$201K | – |
|
2679
Watsco Inc
WSO
$12.8B
| – | – |
-1,008
| Closed | -$420K | – |
|
2680
White Mountains Insurance
WTM
$5.38B
| – | – |
-103
| Closed | -$214K | – |
|
2681
TeraWulf
WULF
$6.33B
| – | – |
-13,687
| Closed | -$338K | – |
|
2682
Wynn Resorts
WYNN
$8.76B
| – | – |
-2,073
| Closed | -$201K | – |
|
2683
WidePoint Corp
WYY
$56.6M
| – | – |
-14,482
| Closed | -$253K | – |
|
2684
Xometry
XMTR
$6.89B
| – | – |
-35,489
| Closed | -$3.43M | – |
|
2685
Yum China
YUMC
$17.1B
| – | – |
-9,890
| Closed | -$404K | – |
|
2686
Zillow
ZG
$6.79B
| – | – |
-15,587
| Closed | -$489K | – |
|
2687
Zions Bancorporation
ZION
$9.6B
| – | – |
-3,803
| Closed | -$263K | – |
|
2688
BrightSpring Health Services
BTSG
$14.2B
| – | – |
-125,842
| Closed | -$8.78M | – |
|
2689
United Parks & Resorts
PRKS
$1.82B
| – | – |
-5,511
| Closed | -$263K | – |
|
2690
AI Financial Corp
AIFC
$22.7M
| – | – |
-19,509
| Closed | -$11.4K | – |
|
2691
Next Technology
NXTT
$12.6M
| – | – |
-101
| Closed | -$11.3K | – |
|
2692
Penguin Solutions Inc
PENG
$2.87B
| – | – |
-24,852
| Closed | -$1.89M | – |
|
2693
iShares A.I. Innovation and Tech Active ETF
BAI
$11.3B
| – | – |
-111,543
| Closed | -$5.88M | – |
|
2694
Opus Genetics
IRD
$385M
| – | – |
-42,065
| Closed | -$173K | – |
|
2695
Roundhill Memory ETF
DRAM
$19.9B
| – | – |
-95,741
| Closed | -$7.07M | – |
|
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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.