Filed: 5/14/2026ACC: 0001572838-26-000005
📋 What this filing means
EMPIRICAL FINANCE, LLC filed this quarterly 13F‑HR report disclosing 483 equity positions with a total reported market value of $2.13B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
483
Positions
$2.13B
Total AUM (reported)
18.04M
Total Shares
Allocation by class
COM$1.52B71.5%
CL A$84.46M4.0%
COM NEW$67.29M3.2%
CAP STK CL C$67.10M3.2%
CAP STK CL A$56.77M2.7%
SPONSORED ADS$38.65M1.8%
COM UT LTD PTN$27.11M1.3%
Portfolio Concentration
Top 3$360.47M16.9%
4–10$350.97M16.5%
11–25$304.86M14.3%
Rest$1.11B52.2%
Top 3 weight
16.9%
Top 10 weight
33.4%
Voting Authority Distribution
Total shares with voting rights: 18.04M
Sole
Full voting authority
18.04M
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)
Sole483
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings483
Rows:
NVIDIA CORPORATION
SOLEShares815.98K
TypeSH
Market value$142.31M
6.69%
Sole
815.98K
Shared
0.00
None
0.00
APPLE INC
SOLEShares501.18K
TypeSH
Market value$127.20M
5.98%
Sole
501.18K
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares245.74K
TypeSH
Market value$90.97M
4.27%
Sole
245.74K
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares377.01K
TypeSH
Market value$78.52M
3.69%
Sole
377.01K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares233.93K
TypeSH
Market value$67.10M
3.15%
Sole
233.93K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares197.43K
TypeSH
Market value$56.77M
2.67%
Sole
197.43K
Shared
0.00
None
0.00
BROADCOM INC
SOLEShares143.04K
TypeSH
Market value$44.27M
2.08%
Sole
143.04K
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares74.45K
TypeSH
Market value$42.59M
2.00%
Sole
74.45K
Shared
0.00
None
0.00
TAIWAN SEMICONDUCTOR MANUFAC
SOLEShares95.23K
TypeSH
Market value$32.18M
1.51%
Sole
95.23K
Shared
0.00
None
0.00
TESLA INC
SOLEShares79.43K
TypeSH
Market value$29.53M
1.39%
Sole
79.43K
Shared
0.00
None
0.00
JPMORGAN CHASE & CO
SOLEShares100.24K
TypeSH
Market value$29.49M
1.39%
Sole
100.24K
Shared
0.00
None
0.00
ENERGY TRANSFER L P
SOLEShares1.40M
TypeSH
Market value$27.11M
1.27%
Sole
1.40M
Shared
0.00
None
0.00
EXXON MOBIL CORP
SOLEShares151.38K
TypeSH
Market value$25.68M
1.21%
Sole
151.38K
Shared
0.00
None
0.00
ELI LILLY & CO
SOLEShares26.61K
TypeSH
Market value$24.47M
1.15%
Sole
26.61K
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
SOLEShares50.12K
TypeSH
Market value$24.02M
1.13%
Sole
50.12K
Shared
0.00
None
0.00
JOHNSON & JOHNSON
SOLEShares82.44K
TypeSH
Market value$20.15M
0.95%
Sole
82.44K
Shared
0.00
None
0.00
GRUPO AEROPORTUARIO DEL CENT
SOLEShares168.34K
TypeSH
Market value$19.31M
0.91%
Sole
168.34K
Shared
0.00
None
0.00
GRUPO AEROPORTUNARIO DEL PAC
SOLEShares74.61K
TypeSH
Market value$18.42M
0.87%
Sole
74.61K
Shared
0.00
None
0.00
WESTERN MIDSTREAM PARTNERS L
SOLEShares442.19K
TypeSH
Market value$18.20M
0.86%
Sole
442.19K
Shared
0.00
None
0.00
WALMART INC
SOLEShares142.43K
TypeSH
Market value$17.70M
0.83%
Sole
142.43K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares55.05K
TypeSH
Market value$17.66M
0.83%
Sole
55.05K
Shared
0.00
None
0.00
EA SERIES TRUST
SOLEShares187.06K
TypeSH
Market value$16.98M
0.80%
Sole
187.06K
Shared
0.00
None
0.00
CHEVRON CORPORATION
SOLEShares75.84K
TypeSH
Market value$15.69M
0.74%
Sole
75.84K
Shared
0.00
None
0.00
AXOS FINANCIAL INC
SOLEShares178.28K
TypeSH
Market value$15.17M
0.71%
Sole
178.28K
Shared
0.00
None
0.00
COSTCO WHOLESALE CORPORATION
SOLEShares14.85K
TypeSH
Market value$14.80M
0.70%
Sole
14.85K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
NVIDIA CORPORATIONSOLE | COM | 815.98K | SH | $142.31M 6.69% | 815.98K | 0.00 | 0.00 |
APPLE INCSOLE | COM | 501.18K | SH | $127.20M 5.98% | 501.18K | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 245.74K | SH | $90.97M 4.27% | 245.74K | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 377.01K | SH | $78.52M 3.69% | 377.01K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL C | 233.93K | SH | $67.10M 3.15% | 233.93K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 197.43K | SH | $56.77M 2.67% | 197.43K | 0.00 | 0.00 |
BROADCOM INCSOLE | COM | 143.04K | SH | $44.27M 2.08% | 143.04K | 0.00 | 0.00 |
META PLATFORMS INCSOLE | CL A | 74.45K | SH | $42.59M 2.00% | 74.45K | 0.00 | 0.00 |
TAIWAN SEMICONDUCTOR MANUFACSOLE | SPONSORED ADS | 95.23K | SH | $32.18M 1.51% | 95.23K | 0.00 | 0.00 |
TESLA INCSOLE | COM | 79.43K | SH | $29.53M 1.39% | 79.43K | 0.00 | 0.00 |
JPMORGAN CHASE & COSOLE | COM | 100.24K | SH | $29.49M 1.39% | 100.24K | 0.00 | 0.00 |
ENERGY TRANSFER L PSOLE | COM UT LTD PTN | 1.40M | SH | $27.11M 1.27% | 1.40M | 0.00 | 0.00 |
EXXON MOBIL CORPSOLE | COM | 151.38K | SH | $25.68M 1.21% | 151.38K | 0.00 | 0.00 |
ELI LILLY & COSOLE | COM | 26.61K | SH | $24.47M 1.15% | 26.61K | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 50.12K | SH | $24.02M 1.13% | 50.12K | 0.00 | 0.00 |
JOHNSON & JOHNSONSOLE | COM | 82.44K | SH | $20.15M 0.95% | 82.44K | 0.00 | 0.00 |
GRUPO AEROPORTUARIO DEL CENTSOLE | SPON ADR | 168.34K | SH | $19.31M 0.91% | 168.34K | 0.00 | 0.00 |
GRUPO AEROPORTUNARIO DEL PACSOLE | SPON ADS B | 74.61K | SH | $18.42M 0.87% | 74.61K | 0.00 | 0.00 |
WESTERN MIDSTREAM PARTNERS LSOLE | COM UNIT LP INT | 442.19K | SH | $18.20M 0.86% | 442.19K | 0.00 | 0.00 |
WALMART INCSOLE | COM | 142.43K | SH | $17.70M 0.83% | 142.43K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | TOTAL STK MKT | 55.05K | SH | $17.66M 0.83% | 55.05K | 0.00 | 0.00 |
EA SERIES TRUSTSOLE | ALPHA ARCHITECT | 187.06K | SH | $16.98M 0.80% | 187.06K | 0.00 | 0.00 |
CHEVRON CORPORATIONSOLE | COM | 75.84K | SH | $15.69M 0.74% | 75.84K | 0.00 | 0.00 |
AXOS FINANCIAL INCSOLE | COM | 178.28K | SH | $15.17M 0.71% | 178.28K | 0.00 | 0.00 |
COSTCO WHOLESALE CORPORATIONSOLE | COM | 14.85K | SH | $14.80M 0.70% | 14.85K | 0.00 | 0.00 |
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