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 | |
|---|---|---|---|---|---|---|---|
1151
StoneCo
STNE
$1.76B
| $2.16M | 0.01% |
+198,870
| New | +$2.36M |
2026 Q2
0 quarters
|
|
1152
DELISTED
Catalyst Pharmaceutical
CPRX
| $2.15M | 0.01% |
68,536
-33,560
| -33% | -$990K |
2025 Q4
2 quarters
|
|
1153
iShares MSCI Taiwan ETF
EWT
$10.9B
| $2.15M | 0.01% |
19,827
-9,681
| -33% | -$906K |
2026 Q1
1 quarter
|
|
1154
Weyerhaeuser
WY
$15.3B
| $2.14M | 0.01% |
89,514
+9,074
| +11% | +$220K |
2026 Q1
1 quarter
|
|
1155
NACCO Industries
NC
$260M
| $2.14M | 0.01% |
42,797
| – | – |
2026 Q1
1 quarter
|
|
1156
Mativ Holdings
MATV
$640M
| $2.13M | 0.01% |
281,893
+10,416
| +4% | +$89.7K |
2026 Q1
1 quarter
|
|
1157
iShares Core MSCI Total International Stock ETF
IXUS
$57.1B
| $2.12M | 0.01% |
22,253
+144
| +0.7% | +$13.5K |
2025 Q3
3 quarters
|
|
1158
APi Group
APG
$19.3B
| $2.12M | 0.01% |
50,116
-26,185
| -34% | -$1.14M |
2026 Q1
1 quarter
|
|
1159
Century Aluminum
CENX
$3.32B
| $2.12M | 0.01% |
46,031
+39,151
| +569% | +$2.36M |
2026 Q1
1 quarter
|
|
1160
Weyco Group
WEYS
$516M
| $2.12M | 0.01% |
53,793
| – | – |
2026 Q1
1 quarter
|
|
1161
Global X Silver Miners ETF NEW
SIL
$3.73B
| $2.11M | 0.01% |
+27,272
| New | +$2.45M |
2026 Q2
0 quarters
|
|
1162
GlobalFoundries
GFS
$23.3B
| $2.11M | 0.01% |
+25,623
| New | +$1.79M |
2026 Q2
0 quarters
|
|
1163
SharkNinja
SN
$30B
| $2.1M | 0.01% |
+13,822
| New | +$1.66M |
2026 Q2
0 quarters
|
|
1164
Ethan Allen Interiors
ETD
$532M
| $2.1M | 0.01% |
94,027
+6,054
| +7% | +$128K |
2026 Q1
1 quarter
|
|
1165
Asbury Automotive
ABG
$3.71B
| $2.1M | 0.01% |
10,446
-1,598
| -13% | -$315K |
2026 Q1
1 quarter
|
|
1166
Repay Holdings
RPAY
$390M
| $2.1M | 0.01% |
498,979
-11,525
| -2% | -$40K |
2023 Q4
10 quarters
|
|
1167
Global X US Infrastructure Development ETF
PAVE
$14.1B
| $2.09M | 0.01% |
+35,503
| New | +$1.99M |
2026 Q2
0 quarters
|
|
1168
Bridgewater Bancshares
BWB
$578M
| $2.09M | 0.01% |
99,128
+7,019
| +8% | +$133K |
2026 Q1
1 quarter
|
|
1169
Investar Holding Corp
ISTR
$390M
| $2.09M | 0.01% |
69,612
+4,911
| +8% | +$140K |
2023 Q2
12 quarters
|
|
1170
Arm
ARM
$210B
| $2.08M | 0.01% |
5,870
-133
| -2% | -$35.4K |
2026 Q1
1 quarter
|
|
1171
Lloyds Banking Group
LYG
$72.2B
| $2.08M | 0.01% |
356,236
+55,171
| +18% | +$299K |
2026 Q1
1 quarter
|
|
1172
Janus International
JBI
$667M
| $2.08M | 0.01% |
373,924
+223,693
| +149% | +$1.17M |
2026 Q1
1 quarter
|
|
1173
STMicroelectronics
STM
$42.2B
| $2.07M | 0.01% |
27,575
+1,418
| +5% | +$85.3K |
2026 Q1
1 quarter
|
|
1174
Bowhead Specialty Holdings
BOW
$1.12B
| $2.06M | 0.01% |
68,907
+4,816
| +8% | +$125K |
2026 Q1
1 quarter
|
|
1175
iShares Russell 1000 Growth ETF
IWF
$119B
| $2.06M | 0.01% |
16,599
-1,769
| -10% | -$213K |
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.