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 | |
|---|---|---|---|---|---|---|---|
1176
Valhi
VHI
$419M
| $2.05M | 0.01% |
140,076
-3,000
| -2% | -$42.3K |
2026 Q1
1 quarter
|
|
1177
Upwork
UPWK
$1.21B
| $2.05M | 0.01% |
245,379
+53,295
| +28% | +$504K |
2025 Q3
3 quarters
|
|
1178
WillScot Mobile Mini Holdings
WSC
$3.49B
| $2.05M | 0.01% |
70,946
+9,556
| +16% | +$231K |
2026 Q1
1 quarter
|
|
1179
Collegium Pharmaceutical
COLL
$771M
| $2.05M | 0.01% |
56,504
-880
| -2% | -$30.1K |
2025 Q4
2 quarters
|
|
1180
Brown-Forman Class B
BF.B
$13.8B
| $2.04M | 0.01% |
76,544
+61,895
| +423% | +$1.67M |
2026 Q1
1 quarter
|
|
1181
Doximity
DOCS
$5.86B
| $2.04M | 0.01% |
98,340
+66,101
| +205% | +$1.46M |
2024 Q4
6 quarters
|
|
1182
Kelly Services Class A
KELYA
$585M
| $2.04M | 0.01% |
166,040
+10,450
| +7% | +$109K |
2026 Q1
1 quarter
|
|
1183
Sprinklr
CXM
$1.6B
| $2.03M | 0.01% |
+394,309
| New | +$2.1M |
2026 Q2
0 quarters
|
|
1184
ProShares S&P 500 Dividend Aristocrats ETF
NOBL
$12.1B
| $2.03M | 0.01% |
36,116
-316
| -0.9% | -$17.1K |
2025 Q4
2 quarters
|
|
1185
Brunswick
BC
$5.12B
| $2.02M | 0.01% |
23,973
+12,754
| +114% | +$1.02M |
2026 Q1
1 quarter
|
|
1186
Oxford Industries
OXM
$429M
| $2.01M | 0.01% |
+57,775
| New | +$2.4M |
2026 Q2
0 quarters
|
|
1187
Chemung Financial Corp
CHMG
$421M
| $2.01M | 0.01% |
26,957
+942
| +4% | +$63.1K |
2026 Q1
1 quarter
|
|
1188
American Water Works
AWK
$29.4B
| $2.01M | 0.01% |
15,277
+1,692
| +12% | +$217K |
2026 Q1
1 quarter
|
|
1189
Globant
GLOB
$2.06B
| $2.01M | 0.01% |
+69,438
| New | +$2.78M |
2026 Q2
0 quarters
|
|
1190
Skydance Corporation
SKYD
$40.7B
| $2.01M | 0.01% |
203,348
+25,449
| +14% | +$268K |
2025 Q3
3 quarters
|
|
1191
Coinbase
COIN
$36.5B
| $2M | 0.01% |
13,711
-5,782
| -30% | -$1.04M |
2023 Q4
10 quarters
|
|
1192
Venture Global Inc
VG
$32.2B
| $2M | 0.01% |
180,032
+53,098
| +42% | +$672K |
2026 Q1
1 quarter
|
|
1193
Cognex
CGNX
$9.49B
| $2M | 0.01% |
27,624
+8,356
| +43% | +$507K |
2026 Q1
1 quarter
|
|
1194
Suncor Energy
SU
$88.2B
| $2M | 0.01% |
37,241
-29,796
| -44% | -$1.89M |
2026 Q1
1 quarter
|
|
1195
Wabash National
WNC
$478M
| $2M | 0.01% |
148,079
-441,805
| -75% | -$3.93M |
2026 Q1
1 quarter
|
|
1196
Bloom Energy
BE
$58B
| $1.99M | 0.01% |
6,590
-8,236
| -56% | -$2.11M |
2026 Q1
1 quarter
|
|
1197
iShares MSCI Brazil ETF
EWZ
$9.6B
| $1.99M | 0.01% |
57,565
-22,277
| -28% | -$832K |
2026 Q1
1 quarter
|
|
1198
BayCom
BCML
$342M
| $1.98M | 0.01% |
60,283
+4,230
| +8% | +$129K |
2023 Q2
12 quarters
|
|
1199
MongoDB
MDB
$26.6B
| $1.98M | 0.01% |
5,889
-4,193
| -42% | -$1.26M |
2023 Q4
10 quarters
|
|
1200
Teledyne Technologies
TDY
$30.6B
| $1.98M | 0.01% |
2,963
+288
| +11% | +$181K |
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.