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 | |
|---|---|---|---|---|---|---|---|
1026
Reinsurance Group of America
RGA
$17.3B
| $2.7M | 0.01% |
12,679
+2,519
| +25% | +$526K |
2026 Q1
1 quarter
|
|
1027
Amdocs
DOX
$6.52B
| $2.7M | 0.01% |
53,336
+11,882
| +29% | +$729K |
2024 Q2
8 quarters
|
|
1028
Regional Management Corp
RM
$356M
| $2.69M | 0.01% |
65,304
+4,595
| +8% | +$169K |
2023 Q2
12 quarters
|
|
1029
Northeast Community Bancorp
NECB
$402M
| $2.69M | 0.01% |
96,974
-63
| -0.1% | -$1.56K |
2026 Q1
1 quarter
|
|
1030
Take-Two Interactive
TTWO
$36.5B
| $2.69M | 0.01% |
10,750
-12,799
| -54% | -$2.82M |
2026 Q1
1 quarter
|
|
1031
CoreWeave
CRWV
$29.6B
| $2.69M | 0.01% |
26,995
+19,744
| +272% | +$2.13M |
2025 Q2
4 quarters
|
|
1032
DoubleLine Asset-Backed Securities ETF
DABS
$155M
| $2.68M | 0.01% |
53,074
+9,685
| +22% | +$490K |
2026 Q1
1 quarter
|
|
1033
Intrepid Potash
IPI
$414M
| $2.67M | 0.01% |
81,403
-6,950
| -8% | -$264K |
2023 Q3
11 quarters
|
|
1034
Keurig Dr Pepper
KDP
$47.3B
| $2.67M | 0.01% |
81,452
-16,021
| -16% | -$467K |
2023 Q2
12 quarters
|
|
1035
CarGurus
CARG
$3.01B
| $2.66M | 0.01% |
+78,061
| New | +$2.53M |
2026 Q2
0 quarters
|
|
1036
Wabtec
WAB
$49.3B
| $2.66M | 0.01% |
9,865
-6,199
| -39% | -$1.64M |
2026 Q1
1 quarter
|
|
1037
Citizens Financial Group
CFG
$27B
| $2.66M | 0.01% |
37,918
+3,143
| +9% | +$203K |
2026 Q1
1 quarter
|
|
1038
Hyster-Yale Materials Handling
HY
$524M
| $2.66M | 0.01% |
75,753
+2,728
| +4% | +$99.1K |
2026 Q1
1 quarter
|
|
1039
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$11.3B
| $2.65M | 0.01% |
88,644
+16,185
| +22% | +$486K |
2025 Q2
4 quarters
|
|
1040
Eastern Bankshares
EBC
$5.19B
| $2.64M | 0.01% |
118,855
+3,120
| +3% | +$63.3K |
2025 Q4
2 quarters
|
|
1041
Luxfer Holdings
LXFR
$460M
| $2.64M | 0.01% |
146,473
+9,287
| +7% | +$145K |
2025 Q2
4 quarters
|
|
1042
Roblox
RBLX
$32.5B
| $2.64M | 0.01% |
48,565
+4,443
| +10% | +$221K |
2026 Q1
1 quarter
|
|
1043
HEICO Corp Class A
HEI.A
$35B
| $2.64M | 0.01% |
10,245
+189
| +2% | +$43.2K |
2026 Q1
1 quarter
|
|
1044
GoDaddy
GDDY
$13.8B
| $2.64M | 0.01% |
31,093
+5,556
| +22% | +$469K |
2026 Q1
1 quarter
|
|
1045
Avantis Emerging Markets Equity ETF
AVEM
$26.7B
| $2.63M | 0.01% |
27,231
+1,062
| +4% | +$97.9K |
2026 Q1
1 quarter
|
|
1046
Viatris
VTRS
$21.7B
| $2.62M | 0.01% |
164,982
+55,256
| +50% | +$856K |
2023 Q2
12 quarters
|
|
1047
Snowflake
SNOW
$104B
| $2.62M | 0.01% |
10,276
-13,337
| -56% | -$2.45M |
2026 Q1
1 quarter
|
|
1048
Dover
DOV
$28.4B
| $2.61M | 0.01% |
11,646
+227
| +2% | +$49.5K |
2026 Q1
1 quarter
|
|
1049
Fifth Third Bancorp
FITB
$48.9B
| $2.61M | 0.01% |
46,299
-3,774
| -8% | -$191K |
2026 Q1
1 quarter
|
|
1050
Summit Midstream
SMC
$412M
| $2.61M | 0.01% |
91,553
+1,757
| +2% | +$52.4K |
2024 Q4
6 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.