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Empowered Funds Portfolio holdings
AUM
$19B
Turnover
18.36%
1-Year Est. Return
51.72%
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.
This Fund
S&P 500
This Quarter Est. Return
+24.74%
1 Year Est. Return
+51.72%
3 Year Est. Return
+126.89%
5 Year Est. Return
+174.8%
10 Year Est. Return
–
AUM
$19B
AUM Growth
+$3.32B
(+21%)
Cap. Flow
+$1.12B
Cap. Flow % of AUM
Cap. Flow %
5.9%
Top 10 Holdings %
Top 10 Hldgs %
17.4%
Holding
2,320
New
218
Increased
1,053
Reduced
749
Closed
208
Avg Time Held
0.9
years
Top 10 Avg Time Held
0.6
years
Top 20 Avg Time Held
0.8
years
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 | Industrials | 10.16% |
| 4 | Miscellaneous | 10.04% |
| 5 | Consumer Discretionary | 9.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
751
Cleveland-Cliffs
CLF
$8.14B
| $4.57M | 0.02% |
+487,015
| New | +$5.36M |
2026 Q2
0 quarters
|
|
752
Hanmi Financial
HAFC
$984M
| $4.55M | 0.02% |
140,554
+8,439
| +6% | +$252K |
2026 Q1
1 quarter
|
|
753
Canadian Natural Resources
CNQ
$111B
| $4.55M | 0.02% |
115,276
+32,860
| +40% | +$1.49M |
2026 Q1
1 quarter
|
|
754
SPDR Gold MiniShares Trust
GLDM
$29.8B
| $4.54M | 0.02% |
57,160
+13,423
| +31% | +$1.2M |
2026 Q1
1 quarter
|
|
755
EPAM Systems
EPAM
$7.42B
| $4.53M | 0.02% |
57,139
-30,429
| -35% | -$3.22M |
2024 Q3
7 quarters
|
|
756
Prudential Financial
PRU
$40.8B
| $4.53M | 0.02% |
41,927
-1,054
| -2% | -$107K |
2026 Q1
1 quarter
|
|
757
Matsons
MATX
$6.61B
| $4.49M | 0.02% |
23,365
+525
| +2% | +$95.7K |
2025 Q2
4 quarters
|
|
758
Intercontinental Exchange
ICE
$96.3B
| $4.47M | 0.02% |
36,285
+1,450
| +4% | +$218K |
2023 Q1
13 quarters
|
|
759
Safe Bulkers
SB
$850M
| $4.46M | 0.02% |
706,483
+42,752
| +6% | +$286K |
2023 Q2
12 quarters
|
|
760
State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
$3.14B
| $4.45M | 0.02% |
144,892
+26,455
| +22% | +$814K |
2025 Q2
4 quarters
|
|
761
JPMorgan US Quality Factor ETF
JQUA
$9.5B
| $4.45M | 0.02% |
61,622
+45,368
| +279% | +$3.08M |
2025 Q4
2 quarters
|
|
762
State Street SPDR Portfolio High Yield Bond ETF
SPHY
$11.8B
| $4.44M | 0.02% |
190,460
+34,775
| +22% | +$815K |
2025 Q2
4 quarters
|
|
763
Datadog
DDOG
$77.6B
| $4.43M | 0.02% |
17,012
-3,287
| -16% | -$611K |
2023 Q1
13 quarters
|
|
764
Moderna
MRNA
$88.2B
| $4.42M | 0.02% |
63,142
+29,706
| +89% | +$1.54M |
2025 Q2
4 quarters
|
|
765
PVH
PVH
$4.29B
| $4.42M | 0.02% |
59,504
+26,997
| +83% | +$2.31M |
2026 Q1
1 quarter
|
|
766
Artisan Partners
APAM
$2.73B
| $4.39M | 0.02% |
+127,249
| New | +$4.68M |
2026 Q2
0 quarters
|
|
767
Mayville Engineering Co
MEC
$402M
| $4.37M | 0.02% |
116,570
-6,723
| -5% | -$180K |
2026 Q1
1 quarter
|
|
768
Winnebago Industries
WGO
$922M
| $4.36M | 0.02% |
139,665
+2,119
| +2% | +$64.6K |
2026 Q1
1 quarter
|
|
769
Mettler-Toledo International
MTD
$33.6B
| $4.36M | 0.02% |
3,413
+691
| +25% | +$833K |
2026 Q1
1 quarter
|
|
770
Gentherm
THRM
$1.71B
| $4.36M | 0.02% |
127,821
+91,522
| +252% | +$2.95M |
2026 Q1
1 quarter
|
|
771
Vodafone
VOD
$36.3B
| $4.35M | 0.02% |
329,156
-683
| -0.2% | -$10.3K |
2024 Q1
9 quarters
|
|
772
Strategy Inc 8.00% Series A Perpetual Strike Preferred Stock
STRK
$490M
| $4.35M | 0.02% |
+73,870
| New | +$5.27M |
2026 Q2
0 quarters
|
|
773
Apollo Global Management
APO
$70.5B
| $4.34M | 0.02% |
36,692
-4,119
| -10% | -$518K |
2023 Q2
12 quarters
|
|
774
ProFrac Holding
ACDC
$796M
| $4.32M | 0.02% |
743,818
+40,830
| +6% | +$275K |
2024 Q3
7 quarters
|
|
775
Eastman Chemical
EMN
$7.64B
| $4.32M | 0.02% |
64,458
-1,153
| -2% | -$84.3K |
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 Industrials.
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.