Filed: 5/7/2025ACC: 0001572838-25-000006
📋 What this filing means
EMPIRICAL FINANCE, LLC filed this quarterly 13F‑HR report disclosing 504 equity positions with a total reported market value of $1.66B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
504
Positions
$1.66B
Total AUM (reported)
15M
Total Shares
Allocation by class
COM$1.28B77.0%
CL A$89.49M5.4%
COM NEW$45.76M2.8%
CAP STK CL A$31.53M1.9%
CAP STK CL C$28.40M1.7%
CL B NEW$27.05M1.6%
US QUAN VALUE$18.95M1.1%
Portfolio Concentration
Top 3$298.65M18.0%
4–10$241.07M14.6%
11–25$239.14M14.4%
Rest$877.17M53.0%
Top 3 weight
18.0%
Top 10 weight
32.6%
Voting Authority Distribution
Total shares with voting rights: 15M
Sole
Full voting authority
15M
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)
Sole504
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings504
Rows:
APPLE INC
SOLEShares513.24K
TypeSH
Market value$114.01M
6.88%
Sole
513.24K
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares250.44K
TypeSH
Market value$94.01M
5.68%
Sole
250.44K
Shared
0.00
None
0.00
NVIDIA CORPORATION
SOLEShares836.27K
TypeSH
Market value$90.64M
5.47%
Sole
836.27K
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares321.09K
TypeSH
Market value$61.09M
3.69%
Sole
321.09K
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares76.85K
TypeSH
Market value$44.29M
2.67%
Sole
76.85K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares203.92K
TypeSH
Market value$31.53M
1.90%
Sole
203.92K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares181.76K
TypeSH
Market value$28.40M
1.71%
Sole
181.76K
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
SOLEShares50.78K
TypeSH
Market value$27.05M
1.63%
Sole
50.78K
Shared
0.00
None
0.00
JPMORGAN CHASE & CO.
SOLEShares100.90K
TypeSH
Market value$24.75M
1.49%
Sole
100.90K
Shared
0.00
None
0.00
BROADCOM INC
SOLEShares143.07K
TypeSH
Market value$23.95M
1.45%
Sole
143.07K
Shared
0.00
None
0.00
ELI LILLY & CO
SOLEShares27.48K
TypeSH
Market value$22.69M
1.37%
Sole
27.48K
Shared
0.00
None
0.00
TESLA INC
SOLEShares81.79K
TypeSH
Market value$21.20M
1.28%
Sole
81.79K
Shared
0.00
None
0.00
EA SERIES TRUST
SOLEShares444.43K
TypeSH
Market value$18.95M
1.14%
Sole
444.43K
Shared
0.00
None
0.00
EXXON MOBIL CORP
SOLEShares156.43K
TypeSH
Market value$18.60M
1.12%
Sole
156.43K
Shared
0.00
None
0.00
UNITEDHEALTH GROUP INC
SOLEShares32.17K
TypeSH
Market value$16.85M
1.02%
Sole
32.17K
Shared
0.00
None
0.00
MASTERCARD INCORPORATED
SOLEShares28.88K
TypeSH
Market value$15.83M
0.96%
Sole
28.88K
Shared
0.00
None
0.00
VISA INC
SOLEShares44.49K
TypeSH
Market value$15.59M
0.94%
Sole
44.49K
Shared
0.00
None
0.00
COSTCO WHSL CORP NEW
SOLEShares15.27K
TypeSH
Market value$14.44M
0.87%
Sole
15.27K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares52.39K
TypeSH
Market value$14.40M
0.87%
Sole
52.39K
Shared
0.00
None
0.00
JOHNSON & JOHNSON
SOLEShares85.12K
TypeSH
Market value$14.12M
0.85%
Sole
85.12K
Shared
0.00
None
0.00
NETFLIX INC
SOLEShares15.07K
TypeSH
Market value$14.05M
0.85%
Sole
15.07K
Shared
0.00
None
0.00
PROCTER AND GAMBLE CO
SOLEShares82.09K
TypeSH
Market value$13.99M
0.84%
Sole
82.09K
Shared
0.00
None
0.00
WALMART INC
SOLEShares146.45K
TypeSH
Market value$12.86M
0.78%
Sole
146.45K
Shared
0.00
None
0.00
HOME DEPOT INC
SOLEShares34.96K
TypeSH
Market value$12.81M
0.77%
Sole
34.96K
Shared
0.00
None
0.00
ABBVIE INC
SOLEShares60.88K
TypeSH
Market value$12.75M
0.77%
Sole
60.88K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
APPLE INCSOLE | COM | 513.24K | SH | $114.01M 6.88% | 513.24K | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 250.44K | SH | $94.01M 5.68% | 250.44K | 0.00 | 0.00 |
NVIDIA CORPORATIONSOLE | COM | 836.27K | SH | $90.64M 5.47% | 836.27K | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 321.09K | SH | $61.09M 3.69% | 321.09K | 0.00 | 0.00 |
META PLATFORMS INCSOLE | CL A | 76.85K | SH | $44.29M 2.67% | 76.85K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 203.92K | SH | $31.53M 1.90% | 203.92K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL C | 181.76K | SH | $28.40M 1.71% | 181.76K | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 50.78K | SH | $27.05M 1.63% | 50.78K | 0.00 | 0.00 |
JPMORGAN CHASE & CO.SOLE | COM | 100.90K | SH | $24.75M 1.49% | 100.90K | 0.00 | 0.00 |
BROADCOM INCSOLE | COM | 143.07K | SH | $23.95M 1.45% | 143.07K | 0.00 | 0.00 |
ELI LILLY & COSOLE | COM | 27.48K | SH | $22.69M 1.37% | 27.48K | 0.00 | 0.00 |
TESLA INCSOLE | COM | 81.79K | SH | $21.20M 1.28% | 81.79K | 0.00 | 0.00 |
EA SERIES TRUSTSOLE | US QUAN VALUE | 444.43K | SH | $18.95M 1.14% | 444.43K | 0.00 | 0.00 |
EXXON MOBIL CORPSOLE | COM | 156.43K | SH | $18.60M 1.12% | 156.43K | 0.00 | 0.00 |
UNITEDHEALTH GROUP INCSOLE | COM | 32.17K | SH | $16.85M 1.02% | 32.17K | 0.00 | 0.00 |
MASTERCARD INCORPORATEDSOLE | CL A | 28.88K | SH | $15.83M 0.96% | 28.88K | 0.00 | 0.00 |
VISA INCSOLE | COM CL A | 44.49K | SH | $15.59M 0.94% | 44.49K | 0.00 | 0.00 |
COSTCO WHSL CORP NEWSOLE | COM | 15.27K | SH | $14.44M 0.87% | 15.27K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | TOTAL STK MKT | 52.39K | SH | $14.40M 0.87% | 52.39K | 0.00 | 0.00 |
JOHNSON & JOHNSONSOLE | COM | 85.12K | SH | $14.12M 0.85% | 85.12K | 0.00 | 0.00 |
NETFLIX INCSOLE | COM | 15.07K | SH | $14.05M 0.85% | 15.07K | 0.00 | 0.00 |
PROCTER AND GAMBLE COSOLE | COM | 82.09K | SH | $13.99M 0.84% | 82.09K | 0.00 | 0.00 |
WALMART INCSOLE | COM | 146.45K | SH | $12.86M 0.78% | 146.45K | 0.00 | 0.00 |
HOME DEPOT INCSOLE | COM | 34.96K | SH | $12.81M 0.77% | 34.96K | 0.00 | 0.00 |
ABBVIE INCSOLE | COM | 60.88K | SH | $12.75M 0.77% | 60.88K | 0.00 | 0.00 |
Page 1 of 21
…