Filed: 1/28/2025ACC: 0001592828-25-000002
📋 What this filing means
EMPIRICAL FINANCE, LLC filed this quarterly 13F‑HR report disclosing 500 equity positions with a total reported market value of $1.73B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
500
Positions
$1.73B
Total AUM (reported)
14.55M
Total Shares
Allocation by class
COM$1.33B76.7%
CL A$92.14M5.3%
COM NEW$44.68M2.6%
CAP STK CL A$39.91M2.3%
CAP STK CL C$34.66M2.0%
US QUAN VALUE$24.36M1.4%
CL B NEW$22.67M1.3%
Portfolio Concentration
Top 3$352.76M20.4%
4–10$280.94M16.3%
11–25$238.79M13.8%
Rest$855.99M49.5%
Top 3 weight
20.4%
Top 10 weight
36.7%
Voting Authority Distribution
Total shares with voting rights: 14.55M
Sole
Full voting authority
14.55M
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)
Sole500
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings500
Rows:
APPLE INC
SOLEShares508.08K
TypeSH
Market value$127.23M
7.36%
Sole
508.08K
Shared
0.00
None
0.00
NVIDIA CORPORATION
SOLEShares866.03K
TypeSH
Market value$116.30M
6.73%
Sole
866.03K
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares259.14K
TypeSH
Market value$109.23M
6.32%
Sole
259.14K
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares319.71K
TypeSH
Market value$70.14M
4.06%
Sole
319.71K
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares79.44K
TypeSH
Market value$46.52M
2.69%
Sole
79.44K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares210.85K
TypeSH
Market value$39.91M
2.31%
Sole
210.85K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares182K
TypeSH
Market value$34.66M
2.01%
Sole
182K
Shared
0.00
None
0.00
BROADCOM INC
SOLEShares141.34K
TypeSH
Market value$32.77M
1.90%
Sole
141.34K
Shared
0.00
None
0.00
TESLA INC
SOLEShares80.69K
TypeSH
Market value$32.59M
1.89%
Sole
80.69K
Shared
0.00
None
0.00
EA SERIES TRUST
SOLEShares545.63K
TypeSH
Market value$24.36M
1.41%
Sole
545.63K
Shared
0.00
None
0.00
JPMORGAN CHASE & CO.
SOLEShares99.84K
TypeSH
Market value$23.93M
1.38%
Sole
99.84K
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
SOLEShares50.01K
TypeSH
Market value$22.67M
1.31%
Sole
50.01K
Shared
0.00
None
0.00
ELI LILLY & CO
SOLEShares27.18K
TypeSH
Market value$20.98M
1.21%
Sole
27.18K
Shared
0.00
None
0.00
EXXON MOBIL CORP
SOLEShares154.72K
TypeSH
Market value$16.64M
0.96%
Sole
154.72K
Shared
0.00
None
0.00
UNITEDHEALTH GROUP INC
SOLEShares31.82K
TypeSH
Market value$16.10M
0.93%
Sole
31.82K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares55.30K
TypeSH
Market value$16.03M
0.93%
Sole
55.30K
Shared
0.00
None
0.00
MASTERCARD INCORPORATED
SOLEShares28.56K
TypeSH
Market value$15.04M
0.87%
Sole
28.56K
Shared
0.00
None
0.00
VISA INC
SOLEShares43.77K
TypeSH
Market value$13.83M
0.80%
Sole
43.77K
Shared
0.00
None
0.00
COSTCO WHSL CORP NEW
SOLEShares15.09K
TypeSH
Market value$13.83M
0.80%
Sole
15.09K
Shared
0.00
None
0.00
PROCTER AND GAMBLE CO
SOLEShares81.14K
TypeSH
Market value$13.60M
0.79%
Sole
81.14K
Shared
0.00
None
0.00
HOME DEPOT INC
SOLEShares34.56K
TypeSH
Market value$13.44M
0.78%
Sole
34.56K
Shared
0.00
None
0.00
NETFLIX INC
SOLEShares14.89K
TypeSH
Market value$13.28M
0.77%
Sole
14.89K
Shared
0.00
None
0.00
EA SERIES TRUST
SOLEShares549.01K
TypeSH
Market value$13.19M
0.76%
Sole
549.01K
Shared
0.00
None
0.00
EA SERIES TRUST
SOLEShares205.11K
TypeSH
Market value$13.15M
0.76%
Sole
205.11K
Shared
0.00
None
0.00
WALMART INC
SOLEShares144.72K
TypeSH
Market value$13.08M
0.76%
Sole
144.72K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
APPLE INCSOLE | COM | 508.08K | SH | $127.23M 7.36% | 508.08K | 0.00 | 0.00 |
NVIDIA CORPORATIONSOLE | COM | 866.03K | SH | $116.30M 6.73% | 866.03K | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 259.14K | SH | $109.23M 6.32% | 259.14K | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 319.71K | SH | $70.14M 4.06% | 319.71K | 0.00 | 0.00 |
META PLATFORMS INCSOLE | CL A | 79.44K | SH | $46.52M 2.69% | 79.44K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 210.85K | SH | $39.91M 2.31% | 210.85K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL C | 182K | SH | $34.66M 2.01% | 182K | 0.00 | 0.00 |
BROADCOM INCSOLE | COM | 141.34K | SH | $32.77M 1.90% | 141.34K | 0.00 | 0.00 |
TESLA INCSOLE | COM | 80.69K | SH | $32.59M 1.89% | 80.69K | 0.00 | 0.00 |
EA SERIES TRUSTSOLE | US QUAN VALUE | 545.63K | SH | $24.36M 1.41% | 545.63K | 0.00 | 0.00 |
JPMORGAN CHASE & CO.SOLE | COM | 99.84K | SH | $23.93M 1.38% | 99.84K | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 50.01K | SH | $22.67M 1.31% | 50.01K | 0.00 | 0.00 |
ELI LILLY & COSOLE | COM | 27.18K | SH | $20.98M 1.21% | 27.18K | 0.00 | 0.00 |
EXXON MOBIL CORPSOLE | COM | 154.72K | SH | $16.64M 0.96% | 154.72K | 0.00 | 0.00 |
UNITEDHEALTH GROUP INCSOLE | COM | 31.82K | SH | $16.10M 0.93% | 31.82K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | TOTAL STK MKT | 55.30K | SH | $16.03M 0.93% | 55.30K | 0.00 | 0.00 |
MASTERCARD INCORPORATEDSOLE | CL A | 28.56K | SH | $15.04M 0.87% | 28.56K | 0.00 | 0.00 |
VISA INCSOLE | COM CL A | 43.77K | SH | $13.83M 0.80% | 43.77K | 0.00 | 0.00 |
COSTCO WHSL CORP NEWSOLE | COM | 15.09K | SH | $13.83M 0.80% | 15.09K | 0.00 | 0.00 |
PROCTER AND GAMBLE COSOLE | COM | 81.14K | SH | $13.60M 0.79% | 81.14K | 0.00 | 0.00 |
HOME DEPOT INCSOLE | COM | 34.56K | SH | $13.44M 0.78% | 34.56K | 0.00 | 0.00 |
NETFLIX INCSOLE | COM | 14.89K | SH | $13.28M 0.77% | 14.89K | 0.00 | 0.00 |
EA SERIES TRUSTSOLE | INTL QUAN VALUE | 549.01K | SH | $13.19M 0.76% | 549.01K | 0.00 | 0.00 |
EA SERIES TRUSTSOLE | US QUAN MOMENTUM | 205.11K | SH | $13.15M 0.76% | 205.11K | 0.00 | 0.00 |
WALMART INCSOLE | COM | 144.72K | SH | $13.08M 0.76% | 144.72K | 0.00 | 0.00 |
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