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 | |
|---|---|---|---|---|---|---|---|
2451
Pulmonx
LUNG
$125M
| $66.2K | ﹤0.01% |
+34,655
| New | +$65.3K |
2026 Q3
0 quarters
|
|
2452
Medical Properties Trust
MPT
$983M
| $65.4K | ﹤0.01% |
18,898
+980
| +5% | +$4.12K |
2024 Q3
8 quarters
|
|
2453
Airship AI Holdings
AISP
$55.1M
| $65.2K | ﹤0.01% |
+35,080
| New | +$70.9K |
2026 Q3
0 quarters
|
|
2454
Stem
STEM
$21.6M
| $65.2K | ﹤0.01% |
+15,341
| New | +$86.7K |
2026 Q3
0 quarters
|
|
2455
Kalaris Therapeutics
KLRS
$37.4M
| $65K | ﹤0.01% |
+22,500
| New | +$87K |
2026 Q3
0 quarters
|
|
2456
Bausch Health
BHC
$3.13B
| $64.9K | ﹤0.01% |
+11,138
| New | +$64.2K |
2026 Q3
0 quarters
|
|
2457
Intellicheck
IDN
$37.7M
| $64.2K | ﹤0.01% |
+27,972
| New | +$90.6K |
2026 Q3
0 quarters
|
|
2458
Wheels Up
UP
$82.6M
| $63.6K | ﹤0.01% |
+19,753
| New | +$105K |
2026 Q3
0 quarters
|
|
2459
CVRx
CVRX
$17.3M
| $62.8K | ﹤0.01% |
+35,890
| New | +$138K |
2026 Q3
0 quarters
|
|
2460
Myomo
MYO
$49.3M
| $61.8K | ﹤0.01% |
+39,619
| New | +$52.3K |
2026 Q3
0 quarters
|
|
2461
Rent the Runway
RENT
$76.7M
| $59.6K | ﹤0.01% |
+36,123
| New | +$113K |
2026 Q3
0 quarters
|
|
2462
Children's Place
PLCE
$6.34M
| $59K | ﹤0.01% |
+27,549
| New | +$70.2K |
2026 Q3
0 quarters
|
|
2463
Accendra Health
ACH
$10.2M
| $58.7K | ﹤0.01% |
+104,260
| New | +$209K |
2026 Q3
0 quarters
|
|
2464
Castellum
CTM
$41.7M
| $58.5K | ﹤0.01% |
+93,233
| New | +$60K |
2026 Q3
0 quarters
|
|
2465
Urban One Class D
UONEK
$11.8M
| $57.3K | ﹤0.01% |
15,160
| – | – |
2023 Q2
13 quarters
|
|
2466
Bridger Aerospace
BAER
$15.1M
| $55.2K | ﹤0.01% |
+78,647
| New | +$110K |
2026 Q3
0 quarters
|
|
2467
Grove Collaborative
GROV
$44.7M
| $54.8K | ﹤0.01% |
+51,681
| New | +$55.1K |
2026 Q3
0 quarters
|
|
2468
flyExclusive
FLYX
$51.1M
| $54.3K | ﹤0.01% |
+44,516
| New | +$57.4K |
2026 Q3
0 quarters
|
|
2469
Fortress Biotech
FBIO
$62.7M
| $53.5K | ﹤0.01% |
25,000
| – | – |
2026 Q2
1 quarter
|
|
2470
CitroTech Inc
CITR
$56.4M
| $52.2K | ﹤0.01% |
+17,699
| New | +$94.7K |
2026 Q3
0 quarters
|
|
2471
Laird Superfood
LSF
$28.2M
| $51.4K | ﹤0.01% |
+14,757
| New | +$60.8K |
2026 Q3
0 quarters
|
|
2472
Marchex
MCHX
$62.5M
| $50.8K | ﹤0.01% |
+39,392
| New | +$65.6K |
2026 Q3
0 quarters
|
|
2473
Solitario Resources
XPL
$41.2M
| $50.6K | ﹤0.01% |
+87,909
| New | +$62.9K |
2026 Q3
0 quarters
|
|
2474
Natural Alternatives International
NAII
$6.06M
| $49.7K | ﹤0.01% |
33,386
+8,480
| +34% | +$18K |
2026 Q1
2 quarters
|
|
2475
Blaize Holdings
BZAI
$23.2M
| $48K | ﹤0.01% |
+100,730
| New | +$78.7K |
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.