Empirical Finance, LLC
Sector Allocation
- Technology42.3%$1.0B
- Financials11.2%$270.1M
- Healthcare8.7%$209.0M
- Consumer Discretionary8.6%$207.7M
- Industrials8.4%$201.8M
- Consumer Staples5.7%$136.6M
- Energy4.9%$117.8M
- Other4.3%$104.0M
- Utilities2.1%$50.5M
- Communication Services1.9%$45.1M
AUM History
13fpro.ai/research/fund/empirical-finance-llc-1572838
Conviction and streaks
Concentrating · top 10 = 34.6%From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.
Largest positions — Q2 2026
NVDA
$169.0MAAPL
$150.0MMSFT
$94.9MAMZN
$88.6MGOOG
$78.4MGOOGL
$73.0MAVGO
$56.3MMU
$44.1MMETA
$43.4MTSLA
$34.9MJPM
$33.8MLLY
$33.0MAMD
$32.5MTSM
$29.7MBRK.B
$26.2MJNJ
$21.6MXOM.R34088
$21.4MAMAT
$21.2MCAT
$20.9MINTC
$20.6M
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/empirical-finance-llc-1572838
Empirical Finance, LLC 13F holdings — Q2 2026
$2.4B portfolio (+13.0% QoQ) · 505 holdings · Q2 2026 13F · top 10 are 35% of the stock portfolio
$169.0M
7.0% of stocks
+4%This quarter-4.1%Since filed10+ qtrsHeld$150.0M
6.2% of stocks
+3%This quarter+12.4%Since filed10+ qtrsHeld$94.9M
4.0% of stocks
+4%This quarter+7.5%Since filed10+ qtrsHeld$88.6M
3.7% of stocks
-1%This quarter-5.2%Since filed10+ qtrsHeld$78.4M
3.3% of stocks
-5%This quarter-8.5%Since filed10+ qtrsHeld$73.0M
3.0% of stocks
+4%This quarter-8.5%Since filed2 qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialAdded 2 qtrs in a row$56.3M
2.3% of stocks
+4%This quarter-16.2%Since filed10+ qtrsHeld$44.1M
1.8% of stocks
+3%This quarter-7.0%Since filed10+ qtrsHeld$43.4M
1.8% of stocks
+3%This quarter+6.9%Since filed10+ qtrsHeld$34.9M
1.4% of stocks
+4%This quarter+14.4%Since filed10+ qtrsHeld
All holdings — Empirical Finance, LLC (Q2 2026)
505 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.
| # | Company | Held | Source | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | JPMORGAN CHASE & CO | Financials | $33.8M | 1.4% | 103K | +3% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 12 | ELI LILLY & Co | Healthcare | $33.0M | 1.4% | 28K | +3% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 13 | ADVANCED MICRO DEVICES INC | Technology | $32.5M | 1.4% | 56K | +4% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 14 | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTDadr | Technology | $29.7M | 1.2% | 62K | -35% | 5 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 15 | BERKSHIRE HATHAWAY INC | Financials | $26.2M | 1.1% | 52K | +4% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 16 | JOHNSON & JOHNSON | Healthcare | $21.6M | 0.9% | 85K | +3% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 17 | EXXON MOBIL CORP | Energy | $21.4M | 0.9% | 156K | +3% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 18 | APPLIED MATERIALS INC /DE | Technology | $21.2M | 0.9% | 29K | +3% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 19 | CATERPILLAR INC | Industrials | $20.9M | 0.9% | 20K | +3% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 20 | INTEL CORP | Technology | $20.6M | 0.9% | 148K | +4% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 21 | LAM RESEARCH CORP | Technology | $20.1M | 0.8% | 46K | +3% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 22 | Energy Transfer LP | Energy | $19.8M | 0.8% | 1.04M | -26% | 6 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 23 | CISCO SYSTEMS, INC. | Technology | $17.6M | 0.7% | 150K | +3% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 24 | Walmart Inc. | Consumer Staples | $16.7M | 0.7% | 148K | +4% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 25 | VISA INC. | Financials | $15.6M | 0.7% | 45K | +5% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 26 | $ABBV | AbbVie Inc. | Healthcare | $15.4M | 0.6% | 61K | +3% | |||
| 27 | $MA | Mastercard Inc | Financials | $14.9M | 0.6% | 29K | +3% | |||
| 28 | $AX | Axos Financial, Inc. | Financials | $14.9M | 0.6% | 153K | -14% | |||
| 29 | — | VANGUARD INDEX FDS - TOTAL STK MKT | — | $14.8M | 0.6% | 40K | -28% | |||
| 30 | $KLAC | KLA CORP | Technology | $14.5M | 0.6% | 48K | +932% | |||
| 31 | $WES | Western Midstream Partners, LP | Energy | $14.4M | 0.6% | 330K | -25% | |||
| 32 | $COST | COSTCO WHOLESALE CORP /NEW | Consumer Staples | $14.4M | 0.6% | 15K | +4% | |||
| 33 | $OMAB | Central North Airport Group | Industrials | $14.3M | 0.6% | 126K | -25% | |||
| 34 | $PAC | Pacific Airport Group | Industrials | $14.1M | 0.6% | 56K | -25% | |||
| 35 | $GE | GENERAL ELECTRIC CO | Industrials | $14.1M | 0.6% | 38K | +3% | |||
| 36 | $BAC | BANK OF AMERICA CORP /DE/ | Financials | $13.7M | 0.6% | 241K | +3% | |||
| 37 | $UNH | UNITEDHEALTH GROUP INC | Healthcare | $13.4M | 0.6% | 32K | -0.7% | |||
| 38 | $HD | HOME DEPOT, INC. | Consumer Discretionary | $12.9M | 0.5% | 37K | +3% | |||
| 39 | $CSWC | CAPITAL SOUTHWEST CORP | Other | $12.5M | 0.5% | 526K | -15% | |||
| 40 | $PG | PROCTER & GAMBLE Co | Consumer Staples | $12.5M | 0.5% | 85K | +3% | |||
| 41 | — | EA SERIES TRUST - ALPHA ARCHITECT | — | $12.5M | 0.5% | 138K | -26% | |||
| 42 | $CVX | CHEVRON CORP | Energy | $12.3M | 0.5% | 74K | -2% | |||
| 43 | $MS | MORGAN STANLEY | Financials | $12.3M | 0.5% | 59K | -14% | |||
| 44 | — | EA SERIES TRUST - US QUAN VALUE | — | $12.2M | 0.5% | 220K | -20% | |||
| 45 | $MRK | Merck & Co., Inc. | Healthcare | $12.0M | 0.5% | 94K | +3% | |||
| 46 | $GS | GOLDMAN SACHS GROUP INC | Financials | $11.5M | 0.5% | 11K | +3% | |||
| 47 | $KO | COCA COLA CO | Consumer Staples | $11.0M | 0.5% | 135K | +3% | |||
| 48 | $NFLX | NETFLIX INC | Communication Services | $10.8M | 0.5% | 151K | +3% | |||
| 49 | $WFC | WELLS FARGO & COMPANY/MN | Financials | $10.4M | 0.4% | 126K | +3% | |||
| 50 | $GEV | GE Vernova Inc. | Industrials | $10.2M | 0.4% | 8,690 | +4% | |||
| 51 | $PM | Philip Morris International Inc. | Consumer Staples | $9.7M | 0.4% | 54K | +4% | |||
| 52 | $TXN | TEXAS INSTRUMENTS INC | Technology | $9.4M | 0.4% | 32K | +4% | |||
| 53 | $C | CITIGROUP INC | Financials | $9.4M | 0.4% | 67K | +3% | |||
| 54 | $MPLX | MPLX LP | Energy | $9.3M | 0.4% | 165K | -24% | |||
| 55 | $RTX | RTX Corp | Industrials | $9.2M | 0.4% | 49K | +3% | |||
| 56 | $DLTR | DOLLAR TREE, INC. | Consumer Staples | $8.9M | 0.4% | 74K | +908% | |||
| 57 | $IBM | INTERNATIONAL BUSINESS MACHINES CORP | Technology | $8.9M | 0.4% | 31K | +3% | |||
| 58 | $SNDK | Sandisk Corp | Technology | $8.5M | 0.3% | 3,719 | +5% | |||
| 59 | $QQQ | INVESCO QQQ TRUST, SERIES 1 | — | $8.3M | 0.3% | 11K | -8% | |||
| 60 | $SFM | Sprouts Farmers Market, Inc. | Consumer Staples | $7.6M | 0.3% | 89K | -15% | |||
| 61 | $APH | AMPHENOL CORP /DE/ | Technology | $7.3M | 0.3% | 41K | +4% | |||
| 62 | $WDC | WESTERN DIGITAL CORP | Technology | $7.2M | 0.3% | 11K | +4% | |||
| 63 | $VZ | VERIZON COMMUNICATIONS INC | Communication Services | $7.1M | 0.3% | 169K | +4% | |||
| 64 | $AGM | FEDERAL AGRICULTURAL MORTGAGE CORP | Financials | $7.1M | 0.3% | 35K | -15% | |||
| 65 | $ADI | ANALOG DEVICES INC | Technology | $6.9M | 0.3% | 17K | +3% | |||
| 66 | $GLW | CORNING INC /NY | Materials | $6.9M | 0.3% | 27K | +4% | |||
| 67 | $AXP | AMERICAN EXPRESS CO | Financials | $6.9M | 0.3% | 20K | +3% | |||
| 68 | $AMGN | AMGEN INC | Healthcare | $6.8M | 0.3% | 19K | +3% | |||
| 69 | $ORCL | ORACLE CORP | Technology | $6.8M | 0.3% | 47K | +5% | |||
| 70 | $TMO | THERMO FISHER SCIENTIFIC INC. | Healthcare | $6.8M | 0.3% | 13K | +3% | |||
| 71 | $VLO | VALERO ENERGY CORP/TX | Energy | $6.6M | 0.3% | 25K | +53% | |||
| 72 | $PEP | PEPSICO INC | Consumer Staples | $6.5M | 0.3% | 48K | +3% | |||
| 73 | $T | AT&T INC. | Communication Services | $6.5M | 0.3% | 312K | +11% | |||
| 74 | $BKNG | Booking Holdings Inc. | Consumer Discretionary | $6.3M | 0.3% | 36K | +2762% | |||
| 75 | $NEE | NEXTERA ENERGY INC | Utilities | $6.2M | 0.3% | 70K | +4% | |||
| 76 | $TJX | TJX COMPANIES INC /DE/ | Consumer Discretionary | $6.1M | 0.3% | 40K | +3% | |||
| 77 | $DIS | Walt Disney Co | Communication Services | $6.1M | 0.3% | 63K | +3% | |||
| 78 | — | EA SERIES TRUST - ALPHA ARCHITECT | — | $6.0M | 0.3% | 179K | -32% | |||
| 79 | $ASR | SOUTHEAST AIRPORT GROUP | Industrials | $6.0M | 0.3% | 19K | -15% | |||
| 80 | $DE | DEERE & CO | Industrials | $5.9M | 0.3% | 9,310 | +3% | |||
| 81 | — | EA SERIES TRUST - INTL QUAN VALUE | — | $5.9M | 0.2% | 172K | -42% | |||
| 82 | $UNP | UNION PACIFIC CORP | Industrials | $5.8M | 0.2% | 21K | +3% | |||
| 83 | $MEDP | Medpace Holdings, Inc. | Healthcare | $5.7M | 0.2% | 11K | -15% | |||
| 84 | $QCOM | QUALCOMM INC/DE | Technology | $5.7M | 0.2% | 31K | +4% | |||
| 85 | $ANET | Arista Networks, Inc. | Technology | $5.6M | 0.2% | 33K | +4% | |||
| 86 | — | PACER FDS TR - TRENDPILOT INTL | — | $5.6M | 0.2% | 153K | -21% | |||
| 87 | $CVS | CVS HEALTH Corp | Healthcare | $5.6M | 0.2% | 54K | +3% | |||
| 88 | $GILD | GILEAD SCIENCES, INC. | Healthcare | $5.5M | 0.2% | 44K | +3% | |||
| 89 | $ABT | ABBOTT LABORATORIES | Healthcare | $5.5M | 0.2% | 61K | +3% | |||
| 90 | $KR | KROGER CO | Consumer Staples | $5.4M | 0.2% | 97K | +0.7% | |||
| 91 | $CRM | Salesforce, Inc. | Technology | $5.2M | 0.2% | 33K | +3% | |||
| 92 | $COP | CONOCOPHILLIPS | Energy | $4.9M | 0.2% | 47K | +3% | |||
| 93 | $ISRG | INTUITIVE SURGICAL INC | Healthcare | $4.9M | 0.2% | 12K | +4% | |||
| 94 | $BLK | BlackRock, Inc. | Financials | $4.8M | 0.2% | 5,024 | +4% | |||
| 95 | $PFE | PFIZER INC | Healthcare | $4.7M | 0.2% | 197K | +3% | |||
| 96 | $SCHW | SCHWAB CHARLES CORP | Financials | $4.7M | 0.2% | 51K | +4% | |||
| 97 | $LOW | LOWES COMPANIES INC | Consumer Discretionary | $4.6M | 0.2% | 21K | +3% | |||
| 98 | $MPC | Marathon Petroleum Corp | Energy | $4.6M | 0.2% | 18K | +2% | |||
| 99 | $LMT | LOCKHEED MARTIN CORP | Industrials | $4.6M | 0.2% | 9,005 | +3% | |||
| 100 | $COF | CAPITAL ONE FINANCIAL CORP | Financials | $4.6M | 0.2% | 23K | +3% | |||
| 101 | $MO | ALTRIA GROUP, INC. | Consumer Staples | $4.6M | 0.2% | 63K | +4% | |||
| 102 | $NGVC | Natural Grocers by Vitamin Cottage, Inc. | Consumer Staples | $4.6M | 0.2% | 147K | — | |||
| 103 | $VRTX | VERTEX PHARMACEUTICALS INC / MA | Healthcare | $4.5M | 0.2% | 8,986 | +3% | |||
| 104 | $PGR | PROGRESSIVE CORP/OH/ | Financials | $4.4M | 0.2% | 20K | +4% | |||
| 105 | $BA | BOEING CO | Industrials | $4.4M | 0.2% | 20K | +5% | |||
| 106 | $PH | Parker-Hannifin Corp | Industrials | $4.4M | 0.2% | 4,477 | +3% | |||
| 107 | $DHR | DANAHER CORP /DE/ | Healthcare | $4.3M | 0.2% | 23K | +3% | |||
| 108 | $SPGI | S&P Global Inc. | Financials | $4.3M | 0.2% | 11K | +3% | |||
| 109 | $BMY | BRISTOL MYERS SQUIBB CO | Healthcare | $4.2M | 0.2% | 73K | +3% | |||
| 110 | $GM | General Motors Co | Consumer Discretionary | $4.1M | 0.2% | 53K | -16% | |||
| 111 | $SBUX | STARBUCKS CORP | Consumer Discretionary | $4.1M | 0.2% | 40K | +3% | |||
| 112 | $CCZ | COMCAST CORP | Communication Services | $4.0M | 0.2% | 165K | +8% | |||
| 113 | — | EA SERIES TRUST - ALPHA ARCH 1-3 | — | $4.0M | 0.2% | 34K | +68% | |||
| 114 | $DUK | Duke Energy CORP | Utilities | $3.9M | 0.2% | 31K | +3% | |||
| 115 | $TX | Ternium S.A. | Materials | $3.9M | 0.2% | 91K | -44% | |||
| 116 | $PANW | Palo Alto Networks Inc | Technology | $3.8M | 0.2% | 11K | +11% | |||
| 117 | $BNY | Bank of New York Mellon Corp | Financials | $3.8M | 0.2% | 26K | +3% | |||
| 118 | $NEM | NEWMONT Corp /DE/ | Materials | $3.7M | 0.1% | 40K | -17% | |||
| 119 | $SYK | STRYKER CORP | Healthcare | $3.7M | 0.1% | 12K | +4% | |||
| 120 | $PWR | QUANTA SERVICES, INC. | Industrials | $3.6M | 0.1% | 5,050 | +4% | |||
| 121 | $MCK | MCKESSON CORP | Consumer Staples | $3.6M | 0.1% | 4,789 | +3% | |||
| 122 | $SO | SOUTHERN CO | Utilities | $3.6M | 0.1% | 38K | +4% | |||
| 123 | $HWM | Howmet Aerospace Inc. | Materials | $3.6M | 0.1% | 13K | +4% | |||
| 124 | $CDNS | CADENCE DESIGN SYSTEMS INC | Technology | $3.5M | 0.1% | 9,425 | +4% | |||
| 125 | $CMI | CUMMINS INC | Industrials | $3.5M | 0.1% | 4,920 | +3% | |||
| 126 | $PNC | PNC FINANCIAL SERVICES GROUP, INC. | Financials | $3.5M | 0.1% | 14K | +3% | |||
| 127 | $CSX | CSX CORP | Industrials | $3.4M | 0.1% | 71K | +3% | |||
| 128 | $FTNT | Fortinet, Inc. | Technology | $3.4M | 0.1% | 22K | +3% | |||
| 129 | $NOW | ServiceNow, Inc. | Technology | $3.3M | 0.1% | 34K | +4% | |||
| 130 | — | PACER FDS TR - TRENDPILOT 100 | — | $3.3M | 0.1% | 37K | -21% | |||
| 131 | $CI | Cigna Group | Healthcare | $3.3M | 0.1% | 12K | -9% | |||
| 132 | — | EA SERIES TRUST - US QUAN MOMENTUM | — | $3.3M | 0.1% | 42K | -20% | |||
| 133 | $MAR | MARRIOTT INTERNATIONAL INC /MD/ | Consumer Discretionary | $3.3M | 0.1% | 8,797 | +3% | |||
| 134 | $ADBE | ADOBE INC. | Technology | $3.2M | 0.1% | 16K | +3% | |||
| 135 | $ADP | AUTOMATIC DATA PROCESSING INC | Technology | $3.2M | 0.1% | 14K | +3% | |||
| 136 | $ELV | Elevance Health, Inc. | Healthcare | $3.2M | 0.1% | 8,252 | -11% | |||
| 137 | $UAL | United Airlines Holdings, Inc. | Industrials | $3.2M | 0.1% | 23K | -1% | |||
| 138 | — | VANGUARD STAR FDS - VG TL INTL STK F | — | $3.2M | 0.1% | 37K | -35% | |||
| 139 | $FCX | FREEPORT-MCMORAN INC | Materials | $3.1M | 0.1% | 50K | +4% | |||
| 140 | $MMM | 3M CO | Healthcare | $3.1M | 0.1% | 19K | +3% | |||
| 141 | $USB | US BANCORP \DE\ | Financials | $3.1M | 0.1% | 51K | +4% | |||
| 142 | $CCS | Century Communities, Inc. | Industrials | $3.0M | 0.1% | 42K | -43% | |||
| 143 | $TMUS | T-Mobile US, Inc. | Communication Services | $3.0M | 0.1% | 18K | +3% | |||
| 144 | — | EA SERIES TRUST - INTL QUAN MOMNTM | — | $3.0M | 0.1% | 69K | -43% | |||
| 145 | $ORLY | O REILLY AUTOMOTIVE INC | Consumer Discretionary | $3.0M | 0.1% | 32K | +3% | |||
| 146 | $PKBK | PARKE BANCORP, INC. | Financials | $2.9M | 0.1% | 88K | -15% | |||
| 147 | $WM | WASTE MANAGEMENT INC | Utilities | $2.9M | 0.1% | 13K | +3% | |||
| 148 | $EMR | EMERSON ELECTRIC CO | Industrials | $2.9M | 0.1% | 20K | +3% | |||
| 149 | $MRSH | MARSH & MCLENNAN COMPANIES, INC. | Financials | $2.9M | 0.1% | 17K | +3% | |||
| 150 | $GD | GENERAL DYNAMICS CORP | Industrials | $2.9M | 0.1% | 8,067 | +4% |
What changed in Q2 2026
Against the previous quarter's 13F: 37 new, 378 added to, 83 trimmed, 15 sold out. Share-count changes; largest moves by dollar size first.
New positions (37)
$HONAHoneywell Aerospace Inc.$2.5M
first bought this quarter
$BTIBritish American Tobacco p.l.c.$1.2M
first bought this quarter
$MHKMOHAWK INDUSTRIES INC$946K
first bought this quarter
$BF-ABROWN FORMAN CORP$789K
first bought this quarter
$AYIACUITY INC. (DE)$771K
first bought this quarter
$PTCTPTC THERAPEUTICS, INC.$753K
first bought this quarter
+31 more in the Excel export
Added to (378)
$KLACKLA CORP+932%
now $14.5M · held 10+ qtrs
$DLTRDOLLAR TREE, INC.+908%
now $8.9M · held 10+ qtrs
$BKNGBooking Holdings Inc.+2762%
now $6.3M · held 10+ qtrs
now $169.0M · held 10+ qtrs
now $150.0M · held 10+ qtrs
now $94.9M · held 10+ qtrs
+372 more in the Excel export
Trimmed (83)
now $29.7M · held 5 qtrs
$ETEnergy Transfer LP-26%
now $19.8M · held 6 qtrs
- VANGUARD INDEX FDS - TOTAL STK MKT-28%
now $14.8M
$WESWestern Midstream Partners, LP-25%
now $14.4M · held 5 qtrs
$OMABCentral North Airport Group-25%
now $14.3M · held 6 qtrs
$PACPacific Airport Group-25%
now $14.1M · held 5 qtrs
+77 more in the Excel export
Holdings by quarter
Every 13F Empirical Finance, LLC has filed, 36 earlier quarters. Pick one to see what it held then.
Is it too late to follow Empirical Finance?
Q2 2026 13F filed with the SEC on Aug 14, 2026. Prices are closing prices as of Oct 26, 2026.
Average quality of Empirical Finance's top 20 holdings: 77/100 (our AI quality score, weighted by position size; 19 of the 20 are scored)
Top 10 since filing
-0.3%
Value-weighted move of the 10 largest stock positions
Turnover
5%
Last quarter; 22% over the last 4
Top 10 weight
35%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
95%
Share of portfolio value in positions held a year or more
Highest-quality names it owns(among its 100 largest positions)
The 8 highest-scoring companies in this portfolio are a Pro feature.
How these are measured
- Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
- Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
- Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q1 2024 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
- Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
- Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.
Portfolio Overview
Empirical Finance, LLC disclosed 505 positions worth $2.4B in its Form 13F-HR for Q2 2026, led by $NVDA (NVIDIA CORP) at 7.0% of the equity portfolio, followed by $AAPL and $MSFT. During the quarter the fund opened 37 new positions and exited 15 — including a new stake in $HONA and a full exit from $GLD. The portfolio is most concentrated in Technology (42.3% of disclosed assets). All figures are sourced directly from Empirical Finance, LLC’s Form 13F-HR filing with the SEC under CIK 1572838.
Funds like this
managers whose biggest positions overlap Empirical Finance'sBrowse Top Institutional Investors
13F Pro tracks 8,700+ institutional investors filing 13F reports with the SEC.
to search all 8,700+ institutional filers.
AI-Powered Hedge Fund Analysis: Empirical Finance, LLC
13F Pro is an AI hedge fund tracker and stock research platform. For Empirical Finance, LLC (SEC CIK: 1572838), the platform ingests every quarterly Form 13F filing and applies AI-powered analysis on top — 10 specialized AI analysts (value, growth, momentum, macro, activist, and more) debate the fund's top positions and publish AI-generated analysis with cited SEC sources.
Every holding in Empirical Finance, LLC's portfolio is scored on an AI quality ranking built from its SEC filings (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.