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 |
TSMC
TSM
|
+$264M |
| 2 |
NVIDIA
NVDA
|
+$64.6M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$57.4M |
| 4 |
iShares Core S&P Total US Stock Market ETF
ITOT
|
+$56M |
| 5 |
Citigroup
C
|
+$53.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$41M |
| 2 |
iShares Global 100 ETF
IOO
|
+$28.4M |
| 3 |
Parker-Hannifin
PH
|
+$27.2M |
| 4 |
GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF
COMB
|
+$26.4M |
| 5 |
Kratos Defense & Security Solutions
KTOS
|
+$25.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.19% |
| 2 | Financials | 12.41% |
| 3 | Consumer Discretionary | 10.11% |
| 4 | Miscellaneous | 10.04% |
| 5 | Industrials | 9.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
476
Williams-Sonoma
WSM
$29.8B
| $8.49M | 0.04% |
36,408
-7,787
| -18% | -$1.54M |
2026 Q1
1 quarter
|
|
477
Robinhood
HOOD
$76.5B
| $8.47M | 0.04% |
84,495
-14,085
| -14% | -$1.18M |
2026 Q1
1 quarter
|
|
478
Five Below
FIVE
$13.3B
| $8.45M | 0.04% |
47,014
-10,402
| -18% | -$2.24M |
2026 Q1
1 quarter
|
|
479
Ziff Davis
ZD
$1.88B
| $8.42M | 0.04% |
160,823
+4,999
| +3% | +$226K |
2024 Q3
7 quarters
|
|
480
Emerson Electric
EMR
$92B
| $8.42M | 0.04% |
58,828
-25,697
| -30% | -$3.62M |
2026 Q1
1 quarter
|
|
481
Johnson Controls International
JCI
$90.3B
| $8.37M | 0.04% |
57,314
+6,593
| +13% | +$931K |
2023 Q2
12 quarters
|
|
482
Yum! Brands
YUM
$42.4B
| $8.35M | 0.04% |
52,239
-7,930
| -13% | -$1.23M |
2026 Q1
1 quarter
|
|
483
Huntsman Corp
HUN
$1.69B
| $8.3M | 0.04% |
781,193
+652,329
| +506% | +$8.99M |
2026 Q1
1 quarter
|
|
484
Ralliant Corp
RAL
$7.44B
| $8.26M | 0.04% |
112,205
+106,727
| +1,948% | +$5.95M |
2026 Q1
1 quarter
|
|
485
Weis Markets
WMK
$1.84B
| $8.22M | 0.04% |
105,011
-14,496
| -12% | -$1.06M |
2026 Q1
1 quarter
|
|
486
MetLife
MET
$63.6B
| $8.22M | 0.04% |
97,176
+3,602
| +4% | +$290K |
2023 Q1
13 quarters
|
|
487
Stewart Information Services
STC
$1.36B
| $8.21M | 0.04% |
+124,367
| New | +$8.29M |
2026 Q2
0 quarters
|
|
488
Expro Ltd
XPRO
$1.94B
| $8.21M | 0.04% |
555,581
+13,042
| +2% | +$209K |
2025 Q4
2 quarters
|
|
489
Ferguson
FERG
$46.2B
| $8.18M | 0.04% |
34,471
+6,036
| +21% | +$1.46M |
2023 Q1
13 quarters
|
|
490
Innovex International
INVX
$1.96B
| $8.17M | 0.04% |
329,478
+4,299
| +1% | +$117K |
2026 Q1
1 quarter
|
|
491
US Bancorp
USB
$92.6B
| $8.16M | 0.04% |
135,170
-50,711
| -27% | -$2.84M |
2026 Q1
1 quarter
|
|
492
Mondelez International
MDLZ
$82.2B
| $8.16M | 0.04% |
141,000
-27,708
| -16% | -$1.67M |
2026 Q1
1 quarter
|
|
493
Dime Commercial Bancshares
DCOM
$1.84B
| $8.15M | 0.04% |
200,468
+10,091
| +5% | +$375K |
2023 Q2
12 quarters
|
|
494
Broadridge
BR
$20.2B
| $8.1M | 0.04% |
59,157
+10,727
| +22% | +$1.62M |
2023 Q3
11 quarters
|
|
495
Worthington Steel
WS
$2.08B
| $8.08M | 0.04% |
240,495
-421
| -0.2% | -$16.1K |
2026 Q1
1 quarter
|
|
496
Byline Bancorp
BY
$1.72B
| $8.03M | 0.04% |
213,253
+10,728
| +5% | +$361K |
2026 Q1
1 quarter
|
|
497
Monte Rosa Therapeutics
GLUE
$918M
| $7.97M | 0.04% |
329,266
+23,868
| +8% | +$451K |
2025 Q3
3 quarters
|
|
498
Texas Pacific Land
TPL
$22.9B
| $7.93M | 0.04% |
18,121
-1,382
| -7% | -$560K |
2024 Q2
8 quarters
|
|
499
Northern Trust
NTRS
$30.6B
| $7.92M | 0.04% |
45,532
+15,039
| +49% | +$2.48M |
2026 Q1
1 quarter
|
|
500
Danaher
DHR
$163B
| $7.89M | 0.04% |
41,446
-8,204
| -17% | -$1.49M |
2026 Q1
1 quarter
|
|
Similar funds
Empowered Funds's Q2 2026 Portfolio in Review
As of Q2 2026, Empowered Funds held 2,320 positions worth $19B, up 21% from $15.7B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Empowered Funds deployed $1.12B of net new capital in Q2 2026, opening 218 new positions and adding to 1,053 existing holdings. Its largest new stake was Invesco QQQ Trust: 83,446 shares worth $61.4M.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 21% a quarter earlier, followed by Financials and Consumer Discretionary.
On the sell side, the largest reduction was Microsoft, an estimated $41M trimmed.
- Empowered Funds's largest Q2 2026 buy was Invesco QQQ Trust: 83,446 shares worth $61.4M.
- Empowered Funds added most to TSMC in Q2 2026, an estimated $264M increase.
- Empowered Funds's biggest Q2 2026 reduction was Microsoft, cutting an estimated $41M.
- Empowered Funds fully exited GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF in Q2 2026, selling an estimated $26.4M.
- Empowered Funds's ten largest holdings make up 17% of its $19B portfolio in Q2 2026.
- Empowered Funds opened 218 new positions and closed 208 in Q2 2026.
- Empowered Funds's portfolio value rose 21% quarter-over-quarter to $19B.
Based on Empowered Funds's 13F filing for Q2 2026, filed 17 Aug 2026.