Filed: 2/12/2026ACC: 0001572838-26-000004
📋 What this filing means
EMPIRICAL FINANCE, LLC filed this quarterly 13F‑HR report disclosing 494 equity positions with a total reported market value of $2.10B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
494
Positions
$2.10B
Total AUM (reported)
17.19M
Total Shares
Allocation by class
COM$1.55B73.7%
CL A$98.82M4.7%
COM NEW$67.14M3.2%
CAP STK CL C$64.22M3.1%
CAP STK CL A$61.90M3.0%
ALPHA ARCHITECT$25.69M1.2%
CL B NEW$25.07M1.2%
Portfolio Concentration
Top 3$407.93M19.5%
4–10$372.14M17.8%
11–25$263.79M12.6%
Rest$1.05B50.2%
Top 3 weight
19.5%
Top 10 weight
37.2%
Voting Authority Distribution
Total shares with voting rights: 17.19M
Sole
Full voting authority
17.19M
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)
Sole494
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings494
Rows:
NVIDIA CORPORATION
SOLEShares817.37K
TypeSH
Market value$152.44M
7.27%
Sole
817.37K
Shared
0.00
None
0.00
APPLE INC
SOLEShares502.04K
TypeSH
Market value$136.48M
6.51%
Sole
502.04K
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares246.08K
TypeSH
Market value$119.01M
5.68%
Sole
246.08K
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares343.05K
TypeSH
Market value$79.18M
3.78%
Sole
343.05K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares204.67K
TypeSH
Market value$64.22M
3.06%
Sole
204.67K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares197.77K
TypeSH
Market value$61.90M
2.95%
Sole
197.77K
Shared
0.00
None
0.00
BROADCOM INC
SOLEShares143.03K
TypeSH
Market value$49.50M
2.36%
Sole
143.03K
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares74.56K
TypeSH
Market value$49.21M
2.35%
Sole
74.56K
Shared
0.00
None
0.00
TESLA INC
SOLEShares79.44K
TypeSH
Market value$35.73M
1.70%
Sole
79.44K
Shared
0.00
None
0.00
JPMORGAN CHASE & CO.
SOLEShares100.50K
TypeSH
Market value$32.38M
1.54%
Sole
100.50K
Shared
0.00
None
0.00
ELI LILLY & CO
SOLEShares26.65K
TypeSH
Market value$28.64M
1.37%
Sole
26.65K
Shared
0.00
None
0.00
EA SERIES TRUST
SOLEShares465.38K
TypeSH
Market value$25.69M
1.23%
Sole
465.38K
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
SOLEShares49.87K
TypeSH
Market value$25.07M
1.20%
Sole
49.87K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares55.05K
TypeSH
Market value$18.46M
0.88%
Sole
55.05K
Shared
0.00
None
0.00
EXXON MOBIL CORP
SOLEShares151.77K
TypeSH
Market value$18.26M
0.87%
Sole
151.77K
Shared
0.00
None
0.00
JOHNSON & JOHNSON
SOLEShares82.58K
TypeSH
Market value$17.09M
0.82%
Sole
82.58K
Shared
0.00
None
0.00
MASTERCARD INCORPORATED
SOLEShares28.11K
TypeSH
Market value$16.04M
0.77%
Sole
28.11K
Shared
0.00
None
0.00
WALMART INC
SOLEShares142.58K
TypeSH
Market value$15.88M
0.76%
Sole
142.58K
Shared
0.00
None
0.00
TAIWAN SEMICONDUCTOR MFG LTD
SOLEShares51.07K
TypeSH
Market value$15.52M
0.74%
Sole
51.07K
Shared
0.00
None
0.00
VISA INC
SOLEShares43.40K
TypeSH
Market value$15.22M
0.73%
Sole
43.40K
Shared
0.00
None
0.00
EA SERIES TRUST
SOLEShares306.64K
TypeSH
Market value$14.96M
0.71%
Sole
306.64K
Shared
0.00
None
0.00
NETFLIX INC
SOLEShares146.53K
TypeSH
Market value$13.74M
0.66%
Sole
146.53K
Shared
0.00
None
0.00
ABBVIE INC
SOLEShares59.23K
TypeSH
Market value$13.53M
0.65%
Sole
59.23K
Shared
0.00
None
0.00
BANK AMERICA CORP
SOLEShares233.60K
TypeSH
Market value$12.85M
0.61%
Sole
233.60K
Shared
0.00
None
0.00
COSTCO WHSL CORP NEW
SOLEShares14.88K
TypeSH
Market value$12.83M
0.61%
Sole
14.88K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
NVIDIA CORPORATIONSOLE | COM | 817.37K | SH | $152.44M 7.27% | 817.37K | 0.00 | 0.00 |
APPLE INCSOLE | COM | 502.04K | SH | $136.48M 6.51% | 502.04K | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 246.08K | SH | $119.01M 5.68% | 246.08K | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 343.05K | SH | $79.18M 3.78% | 343.05K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL C | 204.67K | SH | $64.22M 3.06% | 204.67K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 197.77K | SH | $61.90M 2.95% | 197.77K | 0.00 | 0.00 |
BROADCOM INCSOLE | COM | 143.03K | SH | $49.50M 2.36% | 143.03K | 0.00 | 0.00 |
META PLATFORMS INCSOLE | CL A | 74.56K | SH | $49.21M 2.35% | 74.56K | 0.00 | 0.00 |
TESLA INCSOLE | COM | 79.44K | SH | $35.73M 1.70% | 79.44K | 0.00 | 0.00 |
JPMORGAN CHASE & CO.SOLE | COM | 100.50K | SH | $32.38M 1.54% | 100.50K | 0.00 | 0.00 |
ELI LILLY & COSOLE | COM | 26.65K | SH | $28.64M 1.37% | 26.65K | 0.00 | 0.00 |
EA SERIES TRUSTSOLE | ALPHA ARCHITECT | 465.38K | SH | $25.69M 1.23% | 465.38K | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 49.87K | SH | $25.07M 1.20% | 49.87K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | TOTAL STK MKT | 55.05K | SH | $18.46M 0.88% | 55.05K | 0.00 | 0.00 |
EXXON MOBIL CORPSOLE | COM | 151.77K | SH | $18.26M 0.87% | 151.77K | 0.00 | 0.00 |
JOHNSON & JOHNSONSOLE | COM | 82.58K | SH | $17.09M 0.82% | 82.58K | 0.00 | 0.00 |
MASTERCARD INCORPORATEDSOLE | CL A | 28.11K | SH | $16.04M 0.77% | 28.11K | 0.00 | 0.00 |
WALMART INCSOLE | COM | 142.58K | SH | $15.88M 0.76% | 142.58K | 0.00 | 0.00 |
TAIWAN SEMICONDUCTOR MFG LTDSOLE | SPONSORED ADS | 51.07K | SH | $15.52M 0.74% | 51.07K | 0.00 | 0.00 |
VISA INCSOLE | COM CL A | 43.40K | SH | $15.22M 0.73% | 43.40K | 0.00 | 0.00 |
EA SERIES TRUSTSOLE | US QUAN VALUE | 306.64K | SH | $14.96M 0.71% | 306.64K | 0.00 | 0.00 |
NETFLIX INCSOLE | COM | 146.53K | SH | $13.74M 0.66% | 146.53K | 0.00 | 0.00 |
ABBVIE INCSOLE | COM | 59.23K | SH | $13.53M 0.65% | 59.23K | 0.00 | 0.00 |
BANK AMERICA CORPSOLE | COM | 233.60K | SH | $12.85M 0.61% | 233.60K | 0.00 | 0.00 |
COSTCO WHSL CORP NEWSOLE | COM | 14.88K | SH | $12.83M 0.61% | 14.88K | 0.00 | 0.00 |
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