EMPIRICAL FINANCIAL SERVICES, LLC D.B.A. EMPIRICAL WEALTH MANAGEMENT

Filed: 8/9/2024ACC: 0001085146-24-003607

📋 What this filing means

EMPIRICAL FINANCIAL SERVICES, LLC D.B.A. EMPIRICAL WEALTH MANAGEMENT filed this quarterly 13F‑HR report disclosing 561 equity positions with a total reported market value of $3.37B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

561

Positions

$3.37B

Total AUM (reported)

48.66M

Total Shares

Allocation by class

COM$929.74M27.5%

MSCI USA MMENTM$161.75M4.8%

STRM INFPROIDX$160.05M4.7%

SHRT TRM CORP BD$156.74M4.6%

MSCI USA QLT FCT$136.88M4.1%

MSCI INTL QUALTY$100.86M3.0%

INT-TERM CORP$92.18M2.7%

Portfolio Concentration

Top 3$478.54M14.2%

4–10$713.58M21.1%

11–25$766.93M22.7%

Rest$1.42B42.0%

Top 3 weight

14.2%

Top 10 weight

35.3%

Voting Authority Distribution

Total shares with voting rights: 48.66M

Sole

Full voting authority

43.16M

% of voting shares88.7%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

5.50M

% of voting shares11.3%

Investment Discretion (by position count)

Sole561

Shared0

Other0

Dominant voting typeSole · 88.7% of voting shares

Institutional Holdings561

Rows:

ISHARES TR

SOLE

MSCI USA MMENTM

Shares830.04K

TypeSH

Market value$161.75M

4.79%

Sole

741.09K

Shared

0.00

None

88.95K

VANGUARD MALVERN FDS

SOLE

STRM INFPROIDX

Shares3.30M

TypeSH

Market value$160.05M

4.74%

Sole

2.94M

Shared

0.00

None

353.32K

VANGUARD SCOTTSDALE FDS

SOLE

SHRT TRM CORP BD

Shares2.03M

TypeSH

Market value$156.74M

4.64%

Sole

1.76M

Shared

0.00

None

270.28K

ISHARES TR

SOLE

MSCI USA QLT FCT

Shares801.58K

TypeSH

Market value$136.88M

4.06%

Sole

715.82K

Shared

0.00

None

85.76K

NVIDIA CORPORATION

SOLE

COM

Shares869.28K

TypeSH

Market value$107.39M

3.18%

Sole

797.55K

Shared

0.00

None

71.73K

ISHARES TR

SOLE

MSCI INTL QUALTY

Shares2.58M

TypeSH

Market value$100.86M

2.99%

Sole

2.33M

Shared

0.00

None

251.58K

APPLE INC

SOLE

COM

Shares478.63K

TypeSH

Market value$100.81M

2.99%

Sole

361.07K

Shared

0.00

None

117.56K

VANGUARD SCOTTSDALE FDS

SOLE

INT-TERM CORP

Shares1.15M

TypeSH

Market value$92.18M

2.73%

Sole

996.16K

Shared

0.00

None

157.13K

DIMENSIONAL ETF TRUST

SOLE

US MKTWIDE VALUE

Shares2.24M

TypeSH

Market value$87.96M

2.61%

Sole

1.86M

Shared

0.00

None

382.84K

ISHARES INC

SOLE

CORE MSCI EMKT

Shares1.63M

TypeSH

Market value$87.50M

2.59%

Sole

1.47M

Shared

0.00

None

167.96K

MICROSOFT CORP

SOLE

COM

Shares193.24K

TypeSH

Market value$86.37M

2.56%

Sole

139.81K

Shared

0.00

None

53.43K

ISHARES TR

SOLE

EAFE VALUE ETF

Shares1.59M

TypeSH

Market value$84.39M

2.50%

Sole

1.44M

Shared

0.00

None

153.88K

SPDR SER TR

SOLE

BLOOMBERG SHT TE

Shares2.58M

TypeSH

Market value$64.54M

1.91%

Sole

2.34M

Shared

0.00

None

240.06K

DIMENSIONAL ETF TRUST

SOLE

INTERNATNAL VAL

Shares1.78M

TypeSH

Market value$63.81M

1.89%

Sole

1.60M

Shared

0.00

None

173.53K

NVIDIA CORPORATION

SOLE

COM

Shares473.80K

TypePRN

Market value$58.53M

1.73%

Sole

461.80K

Shared

0.00

None

12K

VANGUARD SCOTTSDALE FDS

SOLE

SHORT TERM TREAS

Shares877.13K

TypeSH

Market value$50.86M

1.51%

Sole

743.20K

Shared

0.00

None

133.93K

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares92.60K

TypeSH

Market value$50.40M

1.49%

Sole

91.30K

Shared

0.00

None

1.30K

VANGUARD INDEX FDS

SOLE

REAL ESTATE ETF

Shares588.14K

TypeSH

Market value$49.26M

1.46%

Sole

527.51K

Shared

0.00

None

60.63K

VANGUARD INDEX FDS

SOLE

VALUE ETF

Shares290.31K

TypeSH

Market value$46.57M

1.38%

Sole

246.40K

Shared

0.00

None

43.91K

DIMENSIONAL ETF TRUST

SOLE

US TARGETED VLU

Shares839.86K

TypeSH

Market value$43.56M

1.29%

Sole

768.15K

Shared

0.00

None

71.70K

META PLATFORMS INC

SOLE

CL A

Shares82.34K

TypeSH

Market value$41.52M

1.23%

Sole

26.51K

Shared

0.00

None

55.83K

VANGUARD TAX-MANAGED FDS

SOLE

VAN FTSE DEV MKT

Shares733.71K

TypeSH

Market value$36.26M

1.07%

Sole

719.26K

Shared

0.00

None

14.45K

AMERICAN CENTY ETF TR

SOLE

INTL SMCP VLU

Shares506.12K

TypeSH

Market value$32.87M

0.97%

Sole

466.17K

Shared

0.00

None

39.95K

AMAZON COM INC

SOLE

COM

Shares156.79K

TypeSH

Market value$30.30M

0.90%

Sole

129.63K

Shared

0.00

None

27.16K

COSTCO WHSL CORP NEW

SOLE

COM

Shares32.56K

TypeSH

Market value$27.68M

0.82%

Sole

29.02K

Shared

0.00

None

3.54K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
ISHARES TRSOLE	MSCI USA MMENTM	830.04K	SH	$161.75M 4.79%	741.09K	88.95K
VANGUARD MALVERN FDSSOLE	STRM INFPROIDX	3.30M	SH	$160.05M 4.74%	2.94M	353.32K
VANGUARD SCOTTSDALE FDSSOLE	SHRT TRM CORP BD	2.03M	SH	$156.74M 4.64%	1.76M	270.28K
ISHARES TRSOLE	MSCI USA QLT FCT	801.58K	SH	$136.88M 4.06%	715.82K	85.76K
NVIDIA CORPORATIONSOLE	COM	869.28K	SH	$107.39M 3.18%	797.55K	71.73K
ISHARES TRSOLE	MSCI INTL QUALTY	2.58M	SH	$100.86M 2.99%	2.33M	251.58K
APPLE INCSOLE	COM	478.63K	SH	$100.81M 2.99%	361.07K	117.56K
VANGUARD SCOTTSDALE FDSSOLE	INT-TERM CORP	1.15M	SH	$92.18M 2.73%	996.16K	157.13K
DIMENSIONAL ETF TRUSTSOLE	US MKTWIDE VALUE	2.24M	SH	$87.96M 2.61%	1.86M	382.84K
ISHARES INCSOLE	CORE MSCI EMKT	1.63M	SH	$87.50M 2.59%	1.47M	167.96K
MICROSOFT CORPSOLE	COM	193.24K	SH	$86.37M 2.56%	139.81K	53.43K
ISHARES TRSOLE	EAFE VALUE ETF	1.59M	SH	$84.39M 2.50%	1.44M	153.88K
SPDR SER TRSOLE	BLOOMBERG SHT TE	2.58M	SH	$64.54M 1.91%	2.34M	240.06K
DIMENSIONAL ETF TRUSTSOLE	INTERNATNAL VAL	1.78M	SH	$63.81M 1.89%	1.60M	173.53K
NVIDIA CORPORATIONSOLE	COM	473.80K	PRN	$58.53M 1.73%	461.80K	12K
VANGUARD SCOTTSDALE FDSSOLE	SHORT TERM TREAS	877.13K	SH	$50.86M 1.51%	743.20K	133.93K
SPDR S&P 500 ETF TRSOLE	TR UNIT	92.60K	SH	$50.40M 1.49%	91.30K	1.30K
VANGUARD INDEX FDSSOLE	REAL ESTATE ETF	588.14K	SH	$49.26M 1.46%	527.51K	60.63K
VANGUARD INDEX FDSSOLE	VALUE ETF	290.31K	SH	$46.57M 1.38%	246.40K	43.91K
DIMENSIONAL ETF TRUSTSOLE	US TARGETED VLU	839.86K	SH	$43.56M 1.29%	768.15K	71.70K
META PLATFORMS INCSOLE	CL A	82.34K	SH	$41.52M 1.23%	26.51K	55.83K
VANGUARD TAX-MANAGED FDSSOLE	VAN FTSE DEV MKT	733.71K	SH	$36.26M 1.07%	719.26K	14.45K
AMERICAN CENTY ETF TRSOLE	INTL SMCP VLU	506.12K	SH	$32.87M 0.97%	466.17K	39.95K
AMAZON COM INCSOLE	COM	156.79K	SH	$30.30M 0.90%	129.63K	27.16K
COSTCO WHSL CORP NEWSOLE	COM	32.56K	SH	$27.68M 0.82%	29.02K	3.54K

Page 1 of 23

…