Filed: 11/2/2023ACC: 0001572838-23-000008
📋 What this filing means
EMPIRICAL FINANCE, LLC filed this quarterly 13F‑HR report disclosing 510 equity positions with a total reported market value of $1.36B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
510
Positions
$1.36B
Total AUM (reported)
15.48M
Total Shares
Allocation by class
COM$993.20M73.0%
CL A$63.87M4.7%
US QUAN VALUE$30.58M2.2%
COM NEW$29.13M2.1%
CAP STK CL A$27.01M2.0%
0-3 MNTH TREASRY$26.95M2.0%
INTL QUAN VALUE$25.87M1.9%
Portfolio Concentration
Top 3$208.62M15.3%
4–10$195.31M14.3%
11–25$219.28M16.1%
Rest$738.23M54.2%
Top 3 weight
15.3%
Top 10 weight
29.7%
Voting Authority Distribution
Total shares with voting rights: 15.48M
Sole
Full voting authority
15.48M
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)
Sole510
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings510
Rows:
APPLE INC
SOLEShares528.52K
TypeSH
Market value$90.49M
6.65%
Sole
528.52K
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares251.39K
TypeSH
Market value$79.38M
5.83%
Sole
251.39K
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares304.88K
TypeSH
Market value$38.76M
2.85%
Sole
304.88K
Shared
0.00
None
0.00
NVIDIA CORPORATION
SOLEShares84.51K
TypeSH
Market value$36.76M
2.70%
Sole
84.51K
Shared
0.00
None
0.00
EA SERIES TRUST
SOLEShares824.15K
TypeSH
Market value$30.58M
2.25%
Sole
824.15K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares206.39K
TypeSH
Market value$27.01M
1.98%
Sole
206.39K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares267.70K
TypeSH
Market value$26.95M
1.98%
Sole
267.70K
Shared
0.00
None
0.00
EA SERIES TRUST
SOLEShares1.10M
TypeSH
Market value$25.87M
1.90%
Sole
1.10M
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares184.89K
TypeSH
Market value$24.38M
1.79%
Sole
184.89K
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares79.13K
TypeSH
Market value$23.76M
1.74%
Sole
79.13K
Shared
0.00
None
0.00
EA SERIES TRUST
SOLEShares760.09K
TypeSH
Market value$18.64M
1.37%
Sole
760.09K
Shared
0.00
None
0.00
TESLA INC
SOLEShares73.51K
TypeSH
Market value$18.39M
1.35%
Sole
73.51K
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
SOLEShares50.17K
TypeSH
Market value$17.57M
1.29%
Sole
50.17K
Shared
0.00
None
0.00
EXXON MOBIL CORP
SOLEShares148.93K
TypeSH
Market value$17.51M
1.29%
Sole
148.93K
Shared
0.00
None
0.00
EA SERIES TRUST
SOLEShares405.79K
TypeSH
Market value$17.50M
1.29%
Sole
405.79K
Shared
0.00
None
0.00
UNITEDHEALTH GROUP INC
SOLEShares32.34K
TypeSH
Market value$16.31M
1.20%
Sole
32.34K
Shared
0.00
None
0.00
JPMORGAN CHASE & CO
SOLEShares102.36K
TypeSH
Market value$14.84M
1.09%
Sole
102.36K
Shared
0.00
None
0.00
ELI LILLY & CO
SOLEShares27.54K
TypeSH
Market value$14.79M
1.09%
Sole
27.54K
Shared
0.00
None
0.00
JOHNSON & JOHNSON
SOLEShares89.05K
TypeSH
Market value$13.87M
1.02%
Sole
89.05K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares60.64K
TypeSH
Market value$12.88M
0.95%
Sole
60.64K
Shared
0.00
None
0.00
PROCTER AND GAMBLE CO
SOLEShares83.14K
TypeSH
Market value$12.13M
0.89%
Sole
83.14K
Shared
0.00
None
0.00
MASTERCARD INCORPORATED
SOLEShares29.54K
TypeSH
Market value$11.69M
0.86%
Sole
29.54K
Shared
0.00
None
0.00
BROADCOM INC
SOLEShares14.03K
TypeSH
Market value$11.65M
0.86%
Sole
14.03K
Shared
0.00
None
0.00
HOME DEPOT INC
SOLEShares35.97K
TypeSH
Market value$10.87M
0.80%
Sole
35.97K
Shared
0.00
None
0.00
CHEVRON CORP NEW
SOLEShares63.05K
TypeSH
Market value$10.63M
0.78%
Sole
63.05K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
APPLE INCSOLE | COM | 528.52K | SH | $90.49M 6.65% | 528.52K | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 251.39K | SH | $79.38M 5.83% | 251.39K | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 304.88K | SH | $38.76M 2.85% | 304.88K | 0.00 | 0.00 |
NVIDIA CORPORATIONSOLE | COM | 84.51K | SH | $36.76M 2.70% | 84.51K | 0.00 | 0.00 |
EA SERIES TRUSTSOLE | US QUAN VALUE | 824.15K | SH | $30.58M 2.25% | 824.15K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 206.39K | SH | $27.01M 1.98% | 206.39K | 0.00 | 0.00 |
ISHARES TRSOLE | 0-3 MNTH TREASRY | 267.70K | SH | $26.95M 1.98% | 267.70K | 0.00 | 0.00 |
EA SERIES TRUSTSOLE | INTL QUAN VALUE | 1.10M | SH | $25.87M 1.90% | 1.10M | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL C | 184.89K | SH | $24.38M 1.79% | 184.89K | 0.00 | 0.00 |
META PLATFORMS INCSOLE | CL A | 79.13K | SH | $23.76M 1.74% | 79.13K | 0.00 | 0.00 |
EA SERIES TRUSTSOLE | INTL QUAN MOMNTM | 760.09K | SH | $18.64M 1.37% | 760.09K | 0.00 | 0.00 |
TESLA INCSOLE | COM | 73.51K | SH | $18.39M 1.35% | 73.51K | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 50.17K | SH | $17.57M 1.29% | 50.17K | 0.00 | 0.00 |
EXXON MOBIL CORPSOLE | COM | 148.93K | SH | $17.51M 1.29% | 148.93K | 0.00 | 0.00 |
EA SERIES TRUSTSOLE | US QUAN MOMENTUM | 405.79K | SH | $17.50M 1.29% | 405.79K | 0.00 | 0.00 |
UNITEDHEALTH GROUP INCSOLE | COM | 32.34K | SH | $16.31M 1.20% | 32.34K | 0.00 | 0.00 |
JPMORGAN CHASE & COSOLE | COM | 102.36K | SH | $14.84M 1.09% | 102.36K | 0.00 | 0.00 |
ELI LILLY & COSOLE | COM | 27.54K | SH | $14.79M 1.09% | 27.54K | 0.00 | 0.00 |
JOHNSON & JOHNSONSOLE | COM | 89.05K | SH | $13.87M 1.02% | 89.05K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | TOTAL STK MKT | 60.64K | SH | $12.88M 0.95% | 60.64K | 0.00 | 0.00 |
PROCTER AND GAMBLE COSOLE | COM | 83.14K | SH | $12.13M 0.89% | 83.14K | 0.00 | 0.00 |
MASTERCARD INCORPORATEDSOLE | CL A | 29.54K | SH | $11.69M 0.86% | 29.54K | 0.00 | 0.00 |
BROADCOM INCSOLE | COM | 14.03K | SH | $11.65M 0.86% | 14.03K | 0.00 | 0.00 |
HOME DEPOT INCSOLE | COM | 35.97K | SH | $10.87M 0.80% | 35.97K | 0.00 | 0.00 |
CHEVRON CORP NEWSOLE | COM | 63.05K | SH | $10.63M 0.78% | 63.05K | 0.00 | 0.00 |
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