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 | |
|---|---|---|---|---|---|---|---|
926
Woodward
WWD
$18.9B
| $3.22M | 0.02% |
7,563
-21,437
| -74% | -$8.13M |
2026 Q1
1 quarter
|
|
927
IQVIA
IQV
$42.6B
| $3.21M | 0.02% |
16,614
-2,905
| -15% | -$507K |
2023 Q2
12 quarters
|
|
928
Eagle Bancorp
EGBN
$1.04B
| $3.21M | 0.02% |
112,961
-845
| -0.7% | -$22.6K |
2026 Q1
1 quarter
|
|
929
W.R. Berkley
WRB
$27.9B
| $3.21M | 0.02% |
45,461
+19,620
| +76% | +$1.31M |
2026 Q1
1 quarter
|
|
930
International Flavors & Fragrances
IFF
$24.1B
| $3.2M | 0.02% |
40,438
-2,139
| -5% | -$159K |
2026 Q1
1 quarter
|
|
931
Verisk Analytics
VRSK
$26.2B
| $3.2M | 0.02% |
17,820
+4,109
| +30% | +$724K |
2023 Q2
12 quarters
|
|
932
Transmedics
TMDX
$2.31B
| $3.2M | 0.02% |
+48,154
| New | +$4.08M |
2026 Q2
0 quarters
|
|
933
American International
AIG
$43.1B
| $3.19M | 0.02% |
42,749
+7,332
| +21% | +$557K |
2026 Q1
1 quarter
|
|
934
VanEck Semiconductor ETF
SMH
$65.1B
| $3.18M | 0.02% |
4,850
+153
| +3% | +$83.5K |
2024 Q4
6 quarters
|
|
935
BitMine Immersion Technologies
BMNR
$11.8B
| $3.18M | 0.02% |
238,947
+192,114
| +410% | +$3.71M |
2026 Q1
1 quarter
|
|
936
Novo Nordisk
NVO
$178B
| $3.18M | 0.02% |
66,290
+12,102
| +22% | +$520K |
2026 Q1
1 quarter
|
|
937
DELISTED
Leggett & Platt
LEG
| $3.17M | 0.02% |
270,526
-813,457
| -75% | -$8.58M |
2026 Q1
1 quarter
|
|
938
Transocean
RIG
$6.96B
| $3.15M | 0.02% |
644,870
+141,335
| +28% | +$883K |
2026 Q1
1 quarter
|
|
939
Vaalco Energy
EGY
$610M
| $3.15M | 0.02% |
619,980
+37,483
| +6% | +$216K |
2023 Q2
12 quarters
|
|
940
Teva Pharmaceutical Industries Limited
TEVA
$47.5B
| $3.15M | 0.02% |
92,925
+55,495
| +148% | +$1.85M |
2026 Q1
1 quarter
|
|
941
Genesco
GCO
$407M
| $3.15M | 0.02% |
93,214
+8,840
| +10% | +$310K |
2026 Q1
1 quarter
|
|
942
Cabot Corp
CBT
$3.91B
| $3.15M | 0.02% |
34,651
-4,790
| -12% | -$392K |
2026 Q1
1 quarter
|
|
943
Southern California Bancorp
BCAL
$699M
| $3.14M | 0.02% |
150,757
+10,630
| +8% | +$202K |
2024 Q3
7 quarters
|
|
944
Civeo
CVEO
$373M
| $3.14M | 0.02% |
89,752
+1,592
| +2% | +$51.3K |
2023 Q2
12 quarters
|
|
945
Rayonier Advanced Materials
RYAM
$451M
| $3.14M | 0.02% |
399,272
-33,185
| -8% | -$301K |
2023 Q3
11 quarters
|
|
946
SoFi Technologies
SOFI
$21.5B
| $3.14M | 0.02% |
174,961
+109,257
| +166% | +$1.85M |
2022 Q2
16 quarters
|
|
947
Navient Holdings, Inc. Common Stock
NAVI
$844M
| $3.13M | 0.02% |
368,217
-74,666
| -17% | -$627K |
2023 Q2
12 quarters
|
|
948
Match Group
MTCH
$9.7B
| $3.12M | 0.02% |
82,067
-8,614
| -9% | -$305K |
2024 Q4
6 quarters
|
|
949
Liberty Global Class C
LBTYK
$2.73B
| $3.12M | 0.02% |
283,581
-16,813
| -6% | -$195K |
2024 Q1
9 quarters
|
|
950
Greenlight Captial
GLRE
$493M
| $3.1M | 0.02% |
191,746
+13,717
| +8% | +$236K |
2024 Q2
8 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.