Filed: 4/5/2023ACC: 0001572838-23-000005
📋 What this filing means
EMPIRICAL FINANCE, LLC filed this quarterly 13F‑HR report disclosing 496 equity positions with a total reported market value of $1.07B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
496
Positions
$1.07B
Total AUM (reported)
13.30M
Total Shares
Allocation by class
COM$771.74M72.3%
CL A$46.27M4.3%
US QUAN VALUE$29.93M2.8%
INTL QUAN VALUE$24.16M2.3%
COM NEW$23.36M2.2%
US QUAN MOMENTUM$20.55M1.9%
CAP STK CL A$17.22M1.6%
Portfolio Concentration
Top 3$159.15M14.9%
4–10$138.29M13.0%
11–25$163.02M15.3%
Rest$607.25M56.9%
Top 3 weight
14.9%
Top 10 weight
27.9%
Voting Authority Distribution
Total shares with voting rights: 13.30M
Sole
Full voting authority
13.30M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole496
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings496
Rows:
APPLE INC
SOLEShares432.01K
TypeSH
Market value$71.24M
6.67%
Sole
432.01K
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares201.09K
TypeSH
Market value$57.98M
5.43%
Sole
201.09K
Shared
0.00
None
0.00
EA SERIES TRUST
SOLEShares884.84K
TypeSH
Market value$29.93M
2.80%
Sole
884.84K
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares239.93K
TypeSH
Market value$24.78M
2.32%
Sole
239.93K
Shared
0.00
None
0.00
EA SERIES TRUST
SOLEShares1.03M
TypeSH
Market value$24.16M
2.26%
Sole
1.03M
Shared
0.00
None
0.00
EA SERIES TRUST
SOLEShares455.80K
TypeSH
Market value$20.55M
1.92%
Sole
455.80K
Shared
0.00
None
0.00
NVIDIA CORPORATION
SOLEShares67.82K
TypeSH
Market value$18.84M
1.76%
Sole
67.82K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares166.06K
TypeSH
Market value$17.22M
1.61%
Sole
166.06K
Shared
0.00
None
0.00
EA SERIES TRUST
SOLEShares634.51K
TypeSH
Market value$16.78M
1.57%
Sole
634.51K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares153.51K
TypeSH
Market value$15.96M
1.50%
Sole
153.51K
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
SOLEShares51.13K
TypeSH
Market value$15.79M
1.48%
Sole
51.13K
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares64.85K
TypeSH
Market value$13.74M
1.29%
Sole
64.85K
Shared
0.00
None
0.00
EXXON MOBIL CORP
SOLEShares122.60K
TypeSH
Market value$13.44M
1.26%
Sole
122.60K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares61.26K
TypeSH
Market value$12.50M
1.17%
Sole
61.26K
Shared
0.00
None
0.00
UNITEDHEALTH GROUP INC
SOLEShares26.14K
TypeSH
Market value$12.35M
1.16%
Sole
26.14K
Shared
0.00
None
0.00
TESLA INC
SOLEShares55.36K
TypeSH
Market value$11.48M
1.08%
Sole
55.36K
Shared
0.00
None
0.00
JOHNSON & JOHNSON
SOLEShares73.37K
TypeSH
Market value$11.37M
1.07%
Sole
73.37K
Shared
0.00
None
0.00
JPMORGAN CHASE & CO
SOLEShares82.96K
TypeSH
Market value$10.81M
1.01%
Sole
82.96K
Shared
0.00
None
0.00
EA SERIES TRUST
SOLEShares439.61K
TypeSH
Market value$10.18M
0.95%
Sole
439.61K
Shared
0.00
None
0.00
PROCTER AND GAMBLE CO
SOLEShares67.52K
TypeSH
Market value$10.04M
0.94%
Sole
67.52K
Shared
0.00
None
0.00
MASTERCARD INCORPORATED
SOLEShares24.07K
TypeSH
Market value$8.75M
0.82%
Sole
24.07K
Shared
0.00
None
0.00
HOME DEPOT INC
SOLEShares29.32K
TypeSH
Market value$8.65M
0.81%
Sole
29.32K
Shared
0.00
None
0.00
CHEVRON CORP NEW
SOLEShares51.87K
TypeSH
Market value$8.46M
0.79%
Sole
51.87K
Shared
0.00
None
0.00
ABBVIE INC
SOLEShares49.09K
TypeSH
Market value$7.82M
0.73%
Sole
49.09K
Shared
0.00
None
0.00
LILLY ELI & CO
SOLEShares22.15K
TypeSH
Market value$7.61M
0.71%
Sole
22.15K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
APPLE INCSOLE | COM | 432.01K | SH | $71.24M 6.67% | 432.01K | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 201.09K | SH | $57.98M 5.43% | 201.09K | 0.00 | 0.00 |
EA SERIES TRUSTSOLE | US QUAN VALUE | 884.84K | SH | $29.93M 2.80% | 884.84K | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 239.93K | SH | $24.78M 2.32% | 239.93K | 0.00 | 0.00 |
EA SERIES TRUSTSOLE | INTL QUAN VALUE | 1.03M | SH | $24.16M 2.26% | 1.03M | 0.00 | 0.00 |
EA SERIES TRUSTSOLE | US QUAN MOMENTUM | 455.80K | SH | $20.55M 1.92% | 455.80K | 0.00 | 0.00 |
NVIDIA CORPORATIONSOLE | COM | 67.82K | SH | $18.84M 1.76% | 67.82K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 166.06K | SH | $17.22M 1.61% | 166.06K | 0.00 | 0.00 |
EA SERIES TRUSTSOLE | INTL QUAN MOMNTM | 634.51K | SH | $16.78M 1.57% | 634.51K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL C | 153.51K | SH | $15.96M 1.50% | 153.51K | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 51.13K | SH | $15.79M 1.48% | 51.13K | 0.00 | 0.00 |
META PLATFORMS INCSOLE | CL A | 64.85K | SH | $13.74M 1.29% | 64.85K | 0.00 | 0.00 |
EXXON MOBIL CORPSOLE | COM | 122.60K | SH | $13.44M 1.26% | 122.60K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | TOTAL STK MKT | 61.26K | SH | $12.50M 1.17% | 61.26K | 0.00 | 0.00 |
UNITEDHEALTH GROUP INCSOLE | COM | 26.14K | SH | $12.35M 1.16% | 26.14K | 0.00 | 0.00 |
TESLA INCSOLE | COM | 55.36K | SH | $11.48M 1.08% | 55.36K | 0.00 | 0.00 |
JOHNSON & JOHNSONSOLE | COM | 73.37K | SH | $11.37M 1.07% | 73.37K | 0.00 | 0.00 |
JPMORGAN CHASE & COSOLE | COM | 82.96K | SH | $10.81M 1.01% | 82.96K | 0.00 | 0.00 |
EA SERIES TRUSTSOLE | VAL MOMTM TRND | 439.61K | SH | $10.18M 0.95% | 439.61K | 0.00 | 0.00 |
PROCTER AND GAMBLE COSOLE | COM | 67.52K | SH | $10.04M 0.94% | 67.52K | 0.00 | 0.00 |
MASTERCARD INCORPORATEDSOLE | CL A | 24.07K | SH | $8.75M 0.82% | 24.07K | 0.00 | 0.00 |
HOME DEPOT INCSOLE | COM | 29.32K | SH | $8.65M 0.81% | 29.32K | 0.00 | 0.00 |
CHEVRON CORP NEWSOLE | COM | 51.87K | SH | $8.46M 0.79% | 51.87K | 0.00 | 0.00 |
ABBVIE INCSOLE | COM | 49.09K | SH | $7.82M 0.73% | 49.09K | 0.00 | 0.00 |
LILLY ELI & COSOLE | COM | 22.15K | SH | $7.61M 0.71% | 22.15K | 0.00 | 0.00 |
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