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 |
Microsoft
MSFT
|
+$170M |
| 2 |
NVIDIA
NVDA
|
+$124M |
| 3 |
Amazon
AMZN
|
+$89.6M |
| 4 |
Apple
AAPL
|
+$76.8M |
| 5 |
iShares Core S&P 500 ETF
IVV
|
+$70.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Schwab Intermediately-Term US Treasury ETF
SCHR
|
+$70.3M |
| 2 |
Vanguard Short-Term Inflation-Protected Securities Index Fund
VTIP
|
+$62.3M |
| 3 |
Roku
ROKU
|
+$36.8M |
| 4 |
TSMC
TSM
|
+$29.3M |
| 5 |
Citigroup
C
|
+$27.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 27.88% |
| 2 | Financials | 12.13% |
| 3 | Miscellaneous | 9.74% |
| 4 | Consumer Discretionary | 9.41% |
| 5 | Healthcare | 9.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
2326
Latham Group
SWIM
$973M
| $162K | ﹤0.01% |
25,972
-75,000
| -74% | -$484K |
2023 Q3
12 quarters
|
|
2327
Live Ventures
LIVE
$22.9M
| $161K | ﹤0.01% |
21,474
| – | – |
2026 Q1
2 quarters
|
|
2328
Intellia Therapeutics
NTLA
$1.36B
| $161K | ﹤0.01% |
13,383
| – | – |
2024 Q4
7 quarters
|
|
2329
Lakeland Industries
LAKE
$91M
| $161K | ﹤0.01% |
+16,294
| New | +$183K |
2026 Q3
0 quarters
|
|
2330
PEDEVCO
PED
$156M
| $160K | ﹤0.01% |
+12,297
| New | +$156K |
2026 Q3
0 quarters
|
|
2331
Codexis
CDXS
$127M
| $160K | ﹤0.01% |
+115,072
| New | +$195K |
2026 Q3
0 quarters
|
|
2332
Finance of America Companies
FOA
$100M
| $160K | ﹤0.01% |
+12,630
| New | +$257K |
2026 Q3
0 quarters
|
|
2333
LifeMD
LFMD
$106M
| $160K | ﹤0.01% |
+55,000
| New | +$198K |
2026 Q3
0 quarters
|
|
2334
Marathon Digital Holdings
MARA
$2.71B
| $158K | ﹤0.01% |
13,919
+828
| +6% | +$9.5K |
2026 Q1
2 quarters
|
|
2335
BGC Group
BGC
$5.22B
| $157K | ﹤0.01% |
13,584
+1,016
| +8% | +$11.7K |
2026 Q1
2 quarters
|
|
2336
Under Armour
UAA
$2.11B
| $156K | ﹤0.01% |
35,032
+29
| +0.1% | +$168 |
2026 Q1
2 quarters
|
|
2337
LENZ Therapeutics
LENZ
$130M
| $156K | ﹤0.01% |
+40,549
| New | +$202K |
2026 Q3
0 quarters
|
|
2338
AirSculpt Technologies
AIRS
$61.9M
| $155K | ﹤0.01% |
+88,300
| New | +$300K |
2026 Q3
0 quarters
|
|
2339
Stereotaxis
STXS
$85M
| $154K | ﹤0.01% |
+125,030
| New | +$179K |
2026 Q3
0 quarters
|
|
2340
TTEC Holdings
TTEC
$146M
| $153K | ﹤0.01% |
117,535
-9,370
| -7% | -$16.5K |
2025 Q3
4 quarters
|
|
2341
Aemetis
AMTX
$86.6M
| $152K | ﹤0.01% |
+85,500
| New | +$151K |
2026 Q3
0 quarters
|
|
2342
Public Policy Holding Co
PPHC
$318M
| $152K | ﹤0.01% |
+14,850
| New | +$154K |
2026 Q3
0 quarters
|
|
2343
Lee Enterprises
LEE
$171M
| $151K | ﹤0.01% |
+21,687
| New | +$171K |
2026 Q3
0 quarters
|
|
2344
Prime Medicine
PRME
$774M
| $150K | ﹤0.01% |
+49,148
| New | +$163K |
2026 Q3
0 quarters
|
|
2345
Paramount Gold Nevada
PZG
$80.8M
| $150K | ﹤0.01% |
+122,932
| New | +$161K |
2026 Q3
0 quarters
|
|
2346
Armata Pharmaceuticals
ARMP
$144M
| $149K | ﹤0.01% |
+40,688
| New | +$194K |
2026 Q3
0 quarters
|
|
2347
LifeVantage
LFVN
$63M
| $148K | ﹤0.01% |
23,524
| – | – |
2023 Q2
13 quarters
|
|
2348
Geospace Technologies
GEOS
$46.1M
| $148K | ﹤0.01% |
30,291
+10,000
| +49% | +$59.8K |
2024 Q2
9 quarters
|
|
2349
Gloo Holdings Inc
GLOO
$265M
| $148K | ﹤0.01% |
+34,535
| New | +$124K |
2026 Q3
0 quarters
|
|
2350
MFA Financial
MFA
$588M
| $147K | ﹤0.01% |
18,748
+300
| +2% | +$2.68K |
2026 Q1
2 quarters
|
|
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Empowered Funds's Q3 2026 Portfolio in Review
As of Q3 2026, Empowered Funds held 2,696 positions worth $21.7B, up 14% from $19B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Empowered Funds deployed $2.79B of net new capital in Q3 2026, opening 584 new positions and adding to 1,313 existing holdings. Its largest new stake was SK Hynix Inc: 193,851 shares worth $35.7M.
By sector, the portfolio is most concentrated in Technology at 28% of assets, up from 26% a quarter earlier, followed by Financials and Miscellaneous.
On the sell side, the largest reduction was Roku, an estimated $36.8M trimmed.
- Empowered Funds's largest Q3 2026 buy was SK Hynix Inc: 193,851 shares worth $35.7M.
- Empowered Funds added most to Microsoft in Q3 2026, an estimated $170M increase.
- Empowered Funds's biggest Q3 2026 reduction was Roku, cutting an estimated $36.8M.
- Empowered Funds fully exited Schwab Intermediately-Term US Treasury ETF in Q3 2026, selling an estimated $70.3M.
- Empowered Funds's ten largest holdings make up 19% of its $21.7B portfolio in Q3 2026.
- Empowered Funds opened 584 new positions and closed 184 in Q3 2026.
- Empowered Funds's portfolio value rose 14% quarter-over-quarter to $21.7B.
Based on Empowered Funds's 13F filing for Q3 2026, filed 13 Nov 2026.