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 | 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 | |
|---|---|---|---|---|---|---|---|
801
Viper Energy
VNOM
$8.89B
| $4.02M | 0.02% |
94,746
+9,379
| +11% | +$433K |
2023 Q4
10 quarters
|
|
802
Columbus McKinnon
CMCO
$455M
| $4.01M | 0.02% |
265,105
+2,976
| +1% | +$44.3K |
2026 Q1
1 quarter
|
|
803
Marcus Corp
MCS
$830M
| $4M | 0.02% |
170,422
-11,371
| -6% | -$224K |
2026 Q1
1 quarter
|
|
804
Southside Bancshares
SBSI
$1.06B
| $3.99M | 0.02% |
113,411
+13,113
| +13% | +$434K |
2023 Q3
11 quarters
|
|
805
HIVE Digital Technologies
HIVE
$469M
| $3.99M | 0.02% |
1,095,628
+77,632
| +8% | +$251K |
2026 Q1
1 quarter
|
|
806
Peoples Financial Services
PFIS
$750M
| $3.99M | 0.02% |
60,068
+4,257
| +8% | +$252K |
2026 Q1
1 quarter
|
|
807
Arch Capital
ACGL
$35.7B
| $3.99M | 0.02% |
41,062
+8,672
| +27% | +$818K |
2023 Q2
12 quarters
|
|
808
South Plains Financial
SPFI
$836M
| $3.98M | 0.02% |
92,397
+6,652
| +8% | +$278K |
2023 Q2
12 quarters
|
|
809
Shenandoah Telecom
SHEN
$549M
| $3.97M | 0.02% |
263,553
+15,888
| +6% | +$250K |
2025 Q2
4 quarters
|
|
810
State Street SPDR Portfolio S&P 500 ETF
SPYM
$181B
| $3.97M | 0.02% |
45,200
+40,962
| +967% | +$3.49M |
2026 Q1
1 quarter
|
|
811
DoorDash
DASH
$82.4B
| $3.94M | 0.02% |
21,372
-27,393
| -56% | -$4.53M |
2023 Q4
10 quarters
|
|
812
Mistras Group
MG
$642M
| $3.94M | 0.02% |
225,494
| – | – |
2023 Q2
12 quarters
|
|
813
iShares Russell 1000 Value ETF
IWD
$83.3B
| $3.94M | 0.02% |
16,243
+582
| +4% | +$136K |
2026 Q1
1 quarter
|
|
814
Crown Castle
CCI
$37B
| $3.94M | 0.02% |
51,970
+3,857
| +8% | +$339K |
2023 Q1
13 quarters
|
|
815
KKR & Co
KKR
$88B
| $3.94M | 0.02% |
42,881
-18,647
| -30% | -$1.81M |
2023 Q2
12 quarters
|
|
816
IonQ
IONQ
$12.1B
| $3.92M | 0.02% |
73,687
+26,407
| +56% | +$1.34M |
2025 Q4
2 quarters
|
|
817
Mid Penn Bancorp
MPB
$875M
| $3.91M | 0.02% |
112,353
+7,999
| +8% | +$265K |
2023 Q2
12 quarters
|
|
818
Equinor
EQNR
$107B
| $3.91M | 0.02% |
124,499
+864
| +0.7% | +$32.3K |
2024 Q1
9 quarters
|
|
819
Edwards Lifesciences
EW
$53.8B
| $3.9M | 0.02% |
43,120
-38,899
| -47% | -$3.26M |
2026 Q1
1 quarter
|
|
820
Grocery Outlet
GO
$1.31B
| $3.89M | 0.02% |
390,196
+21,206
| +6% | +$175K |
2025 Q3
3 quarters
|
|
821
Kenvue
KVUE
$37.1B
| $3.89M | 0.02% |
203,609
+31,637
| +18% | +$557K |
2023 Q4
10 quarters
|
|
822
SunCoke Energy
SXC
$950M
| $3.89M | 0.02% |
483,064
+8,250
| +2% | +$63.7K |
2023 Q2
12 quarters
|
|
823
Magnolia Oil & Gas
MGY
$6.74B
| $3.88M | 0.02% |
151,858
+73,175
| +93% | +$2.09M |
2026 Q1
1 quarter
|
|
824
ICF International
ICFI
$1.77B
| $3.88M | 0.02% |
53,260
+33,230
| +166% | +$2.29M |
2023 Q1
13 quarters
|
|
825
TotalEnergies
TTE
$204B
| $3.88M | 0.02% |
49,834
-7,204
| -13% | -$637K |
2024 Q1
9 quarters
|
|
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.