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 | |
|---|---|---|---|---|---|---|---|
1351
Vale
VALE
$48.9B
| $1.4M | 0.01% |
93,217
+38,071
| +69% | +$620K |
2026 Q1
1 quarter
|
|
1352
ASP Isotopes
ASPI
$308M
| $1.4M | 0.01% |
225,089
+39,136
| +21% | +$230K |
2025 Q4
2 quarters
|
|
1353
Future Fuel
FF
$252M
| $1.38M | 0.01% |
306,085
-5,129
| -2% | -$22.1K |
2023 Q2
12 quarters
|
|
1354
Core Molding Technologies
CMT
$202M
| $1.38M | 0.01% |
58,542
+4,174
| +8% | +$103K |
2026 Q1
1 quarter
|
|
1355
Entegris
ENTG
$23.7B
| $1.37M | 0.01% |
7,607
-463
| -6% | -$66.8K |
2023 Q1
13 quarters
|
|
1356
BKV Corp
BKV
$2.22B
| $1.36M | 0.01% |
49,753
-9,749
| -16% | -$268K |
2025 Q4
2 quarters
|
|
1357
Old Republic International
ORI
$9.27B
| $1.36M | 0.01% |
33,262
+6,849
| +26% | +$271K |
2026 Q1
1 quarter
|
|
1358
FirstEnergy
FE
$27.2B
| $1.36M | 0.01% |
28,592
+2,840
| +11% | +$135K |
2026 Q1
1 quarter
|
|
1359
CB Financial Services
CBFV
$205M
| $1.36M | 0.01% |
35,840
-1,000
| -3% | -$35.6K |
2023 Q2
12 quarters
|
|
1360
QXO Inc
QXO
$12.3B
| $1.36M | 0.01% |
78,534
+2,997
| +4% | +$55.8K |
2025 Q4
2 quarters
|
|
1361
Ring Energy
REI
$347M
| $1.36M | 0.01% |
1,256,228
+88,942
| +8% | +$124K |
2023 Q2
12 quarters
|
|
1362
RBC Bearings
RBC
$15B
| $1.36M | 0.01% |
2,106
-159
| -7% | -$94.6K |
2025 Q2
4 quarters
|
|
1363
Acuity Brands
AYI
$9.9B
| $1.35M | 0.01% |
3,582
+342
| +11% | +$101K |
2025 Q4
2 quarters
|
|
1364
Vanguard Total International Stock ETF
VXUS
$160B
| $1.35M | 0.01% |
15,747
+587
| +4% | +$49.2K |
2026 Q1
1 quarter
|
|
1365
Motorcar Parts of America
MPAA
$199M
| $1.33M | 0.01% |
86,583
+5,983
| +7% | +$72.4K |
2026 Q1
1 quarter
|
|
1366
Nu Skin
NUS
$236M
| $1.32M | 0.01% |
250,292
-32,106
| -11% | -$205K |
2025 Q2
4 quarters
|
|
1367
Itaú Unibanco
ITUB
$79.9B
| $1.32M | 0.01% |
+161,377
| New | +$1.34M |
2026 Q2
0 quarters
|
|
1368
Alnylam Pharmaceuticals
ALNY
$21.6B
| $1.31M | 0.01% |
4,355
-1,055
| -20% | -$318K |
2023 Q1
13 quarters
|
|
1369
Genuine Parts
GPC
$17.2B
| $1.3M | 0.01% |
11,053
-31,736
| -74% | -$3.31M |
2026 Q1
1 quarter
|
|
1370
Clearwater Paper
CLW
$222M
| $1.3M | 0.01% |
83,119
+3,018
| +4% | +$45.5K |
2023 Q2
12 quarters
|
|
1371
Lands' End
LE
$292M
| $1.29M | 0.01% |
123,414
-560
| -0.5% | -$6.44K |
2023 Q4
10 quarters
|
|
1372
NLI Holdings
NL
$344M
| $1.29M | 0.01% |
217,131
-15,000
| -6% | -$92.2K |
2026 Q1
1 quarter
|
|
1373
Northpointe Bancshares
NPB
$564M
| $1.29M | 0.01% |
+67,341
| New | +$1.2M |
2026 Q2
0 quarters
|
|
1374
Bio-Rad Laboratories Class A
BIO
$10B
| $1.29M | 0.01% |
4,380
+2,212
| +102% | +$627K |
2026 Q1
1 quarter
|
|
1375
HighPeak Energy
HPK
$1.12B
| $1.28M | 0.01% |
183,833
| – | – |
2023 Q4
10 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.