Filed: 7/27/2023ACC: 0001572838-23-000006
📋 What this filing means
EMPIRICAL FINANCE, LLC filed this quarterly 13F‑HR report disclosing 509 equity positions with a total reported market value of $1.29B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
509
Positions
$1.29B
Total AUM (reported)
14.70M
Total Shares
Allocation by class
COM$938.02M72.7%
CL A$57.41M4.4%
US QUAN VALUE$28.63M2.2%
COM NEW$27.52M2.1%
0-3 MNTH TREASRY$26.95M2.1%
INTL QUAN VALUE$26.31M2.0%
CAP STK CL A$22.21M1.7%
Portfolio Concentration
Top 3$206.25M16.0%
4–10$177.40M13.7%
11–25$206.45M16.0%
Rest$700.98M54.3%
Top 3 weight
16.0%
Top 10 weight
29.7%
Voting Authority Distribution
Total shares with voting rights: 14.70M
Sole
Full voting authority
14.70M
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)
Sole509
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings509
Rows:
APPLE INC
SOLEShares482.88K
TypeSH
Market value$93.66M
7.25%
Sole
482.88K
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares226.85K
TypeSH
Market value$77.25M
5.98%
Sole
226.85K
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares271.06K
TypeSH
Market value$35.33M
2.74%
Sole
271.06K
Shared
0.00
None
0.00
NVIDIA CORPORATION
SOLEShares75.66K
TypeSH
Market value$32.01M
2.48%
Sole
75.66K
Shared
0.00
None
0.00
EA SERIES TRUST
SOLEShares827.56K
TypeSH
Market value$28.63M
2.22%
Sole
827.56K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares267.81K
TypeSH
Market value$26.95M
2.09%
Sole
267.81K
Shared
0.00
None
0.00
EA SERIES TRUST
SOLEShares1.11M
TypeSH
Market value$26.31M
2.04%
Sole
1.11M
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares185.58K
TypeSH
Market value$22.21M
1.72%
Sole
185.58K
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares72.31K
TypeSH
Market value$20.75M
1.61%
Sole
72.31K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares169.81K
TypeSH
Market value$20.54M
1.59%
Sole
169.81K
Shared
0.00
None
0.00
EA SERIES TRUST
SOLEShares767.39K
TypeSH
Market value$19.81M
1.53%
Sole
767.39K
Shared
0.00
None
0.00
EA SERIES TRUST
SOLEShares407.66K
TypeSH
Market value$18.94M
1.47%
Sole
407.66K
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
SOLEShares51K
TypeSH
Market value$17.39M
1.35%
Sole
51K
Shared
0.00
None
0.00
TESLA INC
SOLEShares64.11K
TypeSH
Market value$16.78M
1.30%
Sole
64.11K
Shared
0.00
None
0.00
EXXON MOBIL CORP
SOLEShares136.93K
TypeSH
Market value$14.69M
1.14%
Sole
136.93K
Shared
0.00
None
0.00
UNITEDHEALTH GROUP INC
SOLEShares29.38K
TypeSH
Market value$14.12M
1.09%
Sole
29.38K
Shared
0.00
None
0.00
JOHNSON & JOHNSON
SOLEShares82.24K
TypeSH
Market value$13.61M
1.05%
Sole
82.24K
Shared
0.00
None
0.00
JPMORGAN CHASE & CO
SOLEShares92.70K
TypeSH
Market value$13.48M
1.04%
Sole
92.70K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares60.64K
TypeSH
Market value$13.36M
1.03%
Sole
60.64K
Shared
0.00
None
0.00
LILLY ELI & CO
SOLEShares24.88K
TypeSH
Market value$11.67M
0.90%
Sole
24.88K
Shared
0.00
None
0.00
PROCTER AND GAMBLE CO
SOLEShares75.49K
TypeSH
Market value$11.45M
0.89%
Sole
75.49K
Shared
0.00
None
0.00
BROADCOM INC
SOLEShares12.58K
TypeSH
Market value$10.91M
0.85%
Sole
12.58K
Shared
0.00
None
0.00
MASTERCARD INCORPORATED
SOLEShares26.92K
TypeSH
Market value$10.59M
0.82%
Sole
26.92K
Shared
0.00
None
0.00
HOME DEPOT INC
SOLEShares32.80K
TypeSH
Market value$10.19M
0.79%
Sole
32.80K
Shared
0.00
None
0.00
EA SERIES TRUST
SOLEShares416.87K
TypeSH
Market value$9.46M
0.73%
Sole
416.87K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
APPLE INCSOLE | COM | 482.88K | SH | $93.66M 7.25% | 482.88K | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 226.85K | SH | $77.25M 5.98% | 226.85K | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 271.06K | SH | $35.33M 2.74% | 271.06K | 0.00 | 0.00 |
NVIDIA CORPORATIONSOLE | COM | 75.66K | SH | $32.01M 2.48% | 75.66K | 0.00 | 0.00 |
EA SERIES TRUSTSOLE | US QUAN VALUE | 827.56K | SH | $28.63M 2.22% | 827.56K | 0.00 | 0.00 |
ISHARES TRSOLE | 0-3 MNTH TREASRY | 267.81K | SH | $26.95M 2.09% | 267.81K | 0.00 | 0.00 |
EA SERIES TRUSTSOLE | INTL QUAN VALUE | 1.11M | SH | $26.31M 2.04% | 1.11M | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 185.58K | SH | $22.21M 1.72% | 185.58K | 0.00 | 0.00 |
META PLATFORMS INCSOLE | CL A | 72.31K | SH | $20.75M 1.61% | 72.31K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL C | 169.81K | SH | $20.54M 1.59% | 169.81K | 0.00 | 0.00 |
EA SERIES TRUSTSOLE | INTL QUAN MOMNTM | 767.39K | SH | $19.81M 1.53% | 767.39K | 0.00 | 0.00 |
EA SERIES TRUSTSOLE | US QUAN MOMENTUM | 407.66K | SH | $18.94M 1.47% | 407.66K | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 51K | SH | $17.39M 1.35% | 51K | 0.00 | 0.00 |
TESLA INCSOLE | COM | 64.11K | SH | $16.78M 1.30% | 64.11K | 0.00 | 0.00 |
EXXON MOBIL CORPSOLE | COM | 136.93K | SH | $14.69M 1.14% | 136.93K | 0.00 | 0.00 |
UNITEDHEALTH GROUP INCSOLE | COM | 29.38K | SH | $14.12M 1.09% | 29.38K | 0.00 | 0.00 |
JOHNSON & JOHNSONSOLE | COM | 82.24K | SH | $13.61M 1.05% | 82.24K | 0.00 | 0.00 |
JPMORGAN CHASE & COSOLE | COM | 92.70K | SH | $13.48M 1.04% | 92.70K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | TOTAL STK MKT | 60.64K | SH | $13.36M 1.03% | 60.64K | 0.00 | 0.00 |
LILLY ELI & COSOLE | COM | 24.88K | SH | $11.67M 0.90% | 24.88K | 0.00 | 0.00 |
PROCTER AND GAMBLE COSOLE | COM | 75.49K | SH | $11.45M 0.89% | 75.49K | 0.00 | 0.00 |
BROADCOM INCSOLE | COM | 12.58K | SH | $10.91M 0.85% | 12.58K | 0.00 | 0.00 |
MASTERCARD INCORPORATEDSOLE | CL A | 26.92K | SH | $10.59M 0.82% | 26.92K | 0.00 | 0.00 |
HOME DEPOT INCSOLE | COM | 32.80K | SH | $10.19M 0.79% | 32.80K | 0.00 | 0.00 |
EA SERIES TRUSTSOLE | VAL MOMTM TRND | 416.87K | SH | $9.46M 0.73% | 416.87K | 0.00 | 0.00 |
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