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 | |
|---|---|---|---|---|---|---|---|
1276
Textron
TXT
$15B
| $1.67M | 0.01% |
18,153
-5,039
| -22% | -$458K |
2026 Q1
1 quarter
|
|
1277
Aecom
ACM
$8.45B
| $1.65M | 0.01% |
23,788
+1,045
| +5% | +$80K |
2024 Q2
8 quarters
|
|
1278
MKS Inc
MKSI
$13.3B
| $1.65M | 0.01% |
3,714
+312
| +9% | +$97.6K |
2023 Q2
12 quarters
|
|
1279
Schwab US Large-Cap Growth ETF
SCHG
$61.1B
| $1.65M | 0.01% |
48,708
-160
| -0.3% | -$5.3K |
2026 Q1
1 quarter
|
|
1280
DuPont de Nemours
DD
$19.1B
| $1.64M | 0.01% |
12,118
-4,595
| -27% | -$652K |
2023 Q1
13 quarters
|
|
1281
Brookdale Senior Living
BKD
$2.49B
| $1.64M | 0.01% |
+102,129
| New | +$1.39M |
2026 Q2
0 quarters
|
|
1282
Franklin Financial Services
FRAF
$326M
| $1.64M | 0.01% |
26,190
+1,815
| +7% | +$105K |
2026 Q1
1 quarter
|
|
1283
Peoples Bancorp of North Carolina
PEBK
$237M
| $1.64M | 0.01% |
38,000
+2,676
| +8% | +$111K |
2026 Q1
1 quarter
|
|
1284
Western New England Bancorp
WNEB
$279M
| $1.64M | 0.01% |
114,436
-9,355
| -8% | -$128K |
2026 Q1
1 quarter
|
|
1285
Nektar Therapeutics
NKTR
$1.26B
| $1.64M | 0.01% |
+23,441
| New | +$1.72M |
2026 Q2
0 quarters
|
|
1286
Advantage Solutions
ADV
$411M
| $1.63M | 0.01% |
37,699
-16,322
| -30% | -$578K |
2023 Q2
12 quarters
|
|
1287
Murphy Oil
MUR
$5.76B
| $1.63M | 0.01% |
49,981
-11,791
| -19% | -$451K |
2026 Q1
1 quarter
|
|
1288
Enpro
NPO
$5.69B
| $1.61M | 0.01% |
4,279
-71
| -2% | -$22.1K |
2025 Q2
4 quarters
|
|
1289
Jakks Pacific
JAKK
$364M
| $1.61M | 0.01% |
69,126
+4,808
| +7% | +$106K |
2023 Q2
12 quarters
|
|
1290
Ramaco Resources Class A
METC
$420M
| $1.61M | 0.01% |
121,598
| – | – |
2023 Q2
12 quarters
|
|
1291
First Citizens BancShares
FCNCA
$26.3B
| $1.6M | 0.01% |
770
-32
| -4% | -$64.2K |
2024 Q1
9 quarters
|
|
1292
B&G Foods
BGS
$196M
| $1.6M | 0.01% |
402,350
+55,990
| +16% | +$260K |
2023 Q4
10 quarters
|
|
1293
Inter&Co
INTR
$1.78B
| $1.6M | 0.01% |
+294,131
| New | +$1.98M |
2026 Q2
0 quarters
|
|
1294
Ameren
AEE
$30.8B
| $1.59M | 0.01% |
14,109
+3,388
| +32% | +$374K |
2026 Q1
1 quarter
|
|
1295
Hasbro
HAS
$16.6B
| $1.59M | 0.01% |
19,264
-12,361
| -39% | -$1.11M |
2026 Q1
1 quarter
|
|
1296
Hamilton Beach Brands
HBB
$442M
| $1.59M | 0.01% |
68,937
+1,245
| +2% | +$24.8K |
2024 Q2
8 quarters
|
|
1297
First Hawaiian
FHB
$3.13B
| $1.58M | 0.01% |
+53,973
| New | +$1.47M |
2026 Q2
0 quarters
|
|
1298
Sun Life Financial
SLF
$44.8B
| $1.58M | 0.01% |
20,149
-1,248
| -6% | -$89.8K |
2026 Q1
1 quarter
|
|
1299
Pilgrim's Pride
PPC
$6.82B
| $1.57M | 0.01% |
56,021
-20,473
| -27% | -$629K |
2024 Q4
6 quarters
|
|
1300
JPMorgan BetaBuilders Japan ETF
BBJP
$18.7B
| $1.57M | 0.01% |
20,908
+461
| +2% | +$34K |
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.