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 | |
|---|---|---|---|---|---|---|---|
2401
American Vanguard Corp
AVD
$25.9M
| $110K | ﹤0.01% |
63,128
+17,757
| +39% | +$41.9K |
2026 Q1
2 quarters
|
|
2402
Venu Holding Corp
VENU
$63.9M
| $110K | ﹤0.01% |
+77,300
| New | +$157K |
2026 Q3
0 quarters
|
|
2403
ZoomInfo Technologies
GTM
$968M
| $109K | ﹤0.01% |
28,864
-737,938
| -96% | -$2.68M |
2024 Q4
7 quarters
|
|
2404
Hawaiian Electric Industries
HE
$1.49B
| $107K | ﹤0.01% |
11,971
-5,712
| -32% | -$67.3K |
2026 Q1
2 quarters
|
|
2405
Playtika
PLTK
$1.01B
| $107K | ﹤0.01% |
+49,947
| New | +$148K |
2026 Q3
0 quarters
|
|
2406
Nautilus Biotechnolgy
NAUT
$296M
| $106K | ﹤0.01% |
+75,000
| New | +$89.1K |
2026 Q3
0 quarters
|
|
2407
CPI Aerostructures
CVU
$60.7M
| $106K | ﹤0.01% |
+20,500
| New | +$105K |
2026 Q3
0 quarters
|
|
2408
FMC
FMC
$810M
| $106K | ﹤0.01% |
11,833
-710
| -6% | -$7.76K |
2026 Q2
1 quarter
|
|
2409
Sera Prognostics
SERA
$79.9M
| $105K | ﹤0.01% |
+50,256
| New | +$103K |
2026 Q3
0 quarters
|
|
2410
Marygold Companies
MGLD
$84.8M
| $105K | ﹤0.01% |
+53,855
| New | +$60.3K |
2026 Q3
0 quarters
|
|
2411
Sypris Solutions
SYPR
$24.4M
| $103K | ﹤0.01% |
+58,408
| New | +$112K |
2026 Q3
0 quarters
|
|
2412
Empire Petroleum
EP
$103M
| $102K | ﹤0.01% |
+44,559
| New | +$119K |
2026 Q3
0 quarters
|
|
2413
BARK
BARK
$82.6M
| $101K | ﹤0.01% |
+11,966
| New | +$115K |
2026 Q3
0 quarters
|
|
2414
Dawson Geophysical
DWSN
$52.5M
| $101K | ﹤0.01% |
+36,187
| New | +$147K |
2026 Q3
0 quarters
|
|
2415
ChargePoint
CHPT
$313M
| $101K | ﹤0.01% |
+10,000
| New | +$68.3K |
2026 Q3
0 quarters
|
|
2416
New Era Energy & Digital Inc
NUAI
$450M
| $101K | ﹤0.01% |
+15,000
| New | +$79.9K |
2026 Q3
0 quarters
|
|
2417
RF Industries
RFIL
$77.6M
| $100K | ﹤0.01% |
+12,688
| New | +$151K |
2026 Q3
0 quarters
|
|
2418
Zevia
ZVIA
$78M
| $99.3K | ﹤0.01% |
+84,156
| New | +$124K |
2026 Q3
0 quarters
|
|
2419
Comtech Telecommunications
CMTL
$36.2M
| $99.1K | ﹤0.01% |
+72,364
| New | +$121K |
2026 Q3
0 quarters
|
|
2420
Mastech Digital
MHH
$75.4M
| $99K | ﹤0.01% |
+14,144
| New | +$107K |
2026 Q3
0 quarters
|
|
2421
US Global Investors
GROW
$32.8M
| $97.7K | ﹤0.01% |
33,929
| – | – |
2026 Q1
2 quarters
|
|
2422
MidCap Financial Investment
MFIC
$839M
| $96.8K | ﹤0.01% |
11,070
-850
| -7% | -$8.1K |
2026 Q1
2 quarters
|
|
2423
Nine Energy Service Inc
NINE
$104M
| $96.5K | ﹤0.01% |
+12,903
| New | +$137K |
2026 Q3
0 quarters
|
|
2424
QuantumScape Corp
QS
$2.28B
| $93.4K | ﹤0.01% |
20,100
+4,194
| +26% | +$23.8K |
2025 Q2
5 quarters
|
|
2425
Paradium.AI, Inc.
PAAI
$29.7M
| $92.2K | ﹤0.01% |
+73,786
| New | +$86.2K |
2026 Q3
0 quarters
|
|
Similar funds
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.