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

Filed: 11/1/2024ACC: 0001085146-24-005297

📋 What this filing means

EMPIRICAL FINANCIAL SERVICES, LLC D.B.A. EMPIRICAL WEALTH MANAGEMENT filed this quarterly 13F‑HR report disclosing 570 equity positions with a total reported market value of $3.56B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

570

Positions

$3.56B

Total AUM (reported)

48.91M

Total Shares

Allocation by class

COM$925.86M26.0%

MSCI USA MMENTM$194.75M5.5%

STRM INFPROIDX$174.84M4.9%

SHRT TRM CORP BD$165.77M4.7%

MSCI USA QLT FCT$151.00M4.2%

MSCI INTL QUALTY$112.85M3.2%

US MKTWIDE VALUE$103.18M2.9%

Portfolio Concentration

Top 3$535.36M15.0%

4–10$753.38M21.1%

11–25$722.17M20.3%

Rest$1.55B43.6%

Top 3 weight

15.0%

Top 10 weight

36.2%

Voting Authority Distribution

Total shares with voting rights: 48.91M

Sole

Full voting authority

44.99M

% of voting shares92.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

3.92M

% of voting shares8.0%

Investment Discretion (by position count)

Sole570

Shared0

Other0

Dominant voting typeSole · 92.0% of voting shares

Institutional Holdings570

Rows:

ISHARES TR

SOLE

MSCI USA MMENTM

Shares960.52K

TypeSH

Market value$194.75M

5.46%

Sole

878.15K

Shared

0.00

None

82.37K

VANGUARD MALVERN FDS

SOLE

STRM INFPROIDX

Shares3.55M

TypeSH

Market value$174.84M

4.91%

Sole

3.28M

Shared

0.00

None

267.09K

VANGUARD SCOTTSDALE FDS

SOLE

SHRT TRM CORP BD

Shares2.09M

TypeSH

Market value$165.77M

4.65%

Sole

1.85M

Shared

0.00

None

237.55K

ISHARES TR

SOLE

MSCI USA QLT FCT

Shares842.16K

TypeSH

Market value$151.00M

4.24%

Sole

778.93K

Shared

0.00

None

63.23K

ISHARES TR

SOLE

MSCI INTL QUALTY

Shares2.72M

TypeSH

Market value$112.85M

3.17%

Sole

2.53M

Shared

0.00

None

189.09K

DIMENSIONAL ETF TRUST

SOLE

US MKTWIDE VALUE

Shares2.47M

TypeSH

Market value$103.18M

2.89%

Sole

2.18M

Shared

0.00

None

298.48K

APPLE INC

SOLE

COM

Shares440.76K

TypeSH

Market value$102.70M

2.88%

Sole

386.89K

Shared

0.00

None

53.88K

VANGUARD SCOTTSDALE FDS

SOLE

INT-TERM CORP

Shares1.18M

TypeSH

Market value$99.19M

2.78%

Sole

1.05M

Shared

0.00

None

135.28K

ISHARES INC

SOLE

CORE MSCI EMKT

Shares1.63M

TypeSH

Market value$93.33M

2.62%

Sole

1.50M

Shared

0.00

None

122.45K

ISHARES TR

SOLE

EAFE VALUE ETF

Shares1.58M

TypeSH

Market value$91.14M

2.56%

Sole

1.49M

Shared

0.00

None

97.28K

MICROSOFT CORP

SOLE

COM

Shares188.26K

TypeSH

Market value$81.01M

2.27%

Sole

161.82K

Shared

0.00

None

26.45K

SPDR SER TR

SOLE

BLOOMBERG SHT TE

Shares2.74M

TypeSH

Market value$70.48M

1.98%

Sole

2.53M

Shared

0.00

None

206.84K

DIMENSIONAL ETF TRUST

SOLE

INTERNATNAL VAL

Shares1.76M

TypeSH

Market value$67.00M

1.88%

Sole

1.64M

Shared

0.00

None

117.74K

NVIDIA CORPORATION

SOLE

COM

Shares457.20K

TypeSH

Market value$55.52M

1.56%

Sole

425K

Shared

0.00

None

32.20K

VANGUARD SCOTTSDALE FDS

SOLE

SHORT TERM TREAS

Shares906.85K

TypeSH

Market value$53.52M

1.50%

Sole

789.98K

Shared

0.00

None

116.88K

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares92.77K

TypeSH

Market value$53.23M

1.49%

Sole

92.08K

Shared

0.00

None

686.00

VANGUARD INDEX FDS

SOLE

VALUE ETF

Shares283.99K

TypeSH

Market value$49.58M

1.39%

Sole

245.71K

Shared

0.00

None

38.27K

DIMENSIONAL ETF TRUST

SOLE

US TARGETED VLU

Shares846.28K

TypeSH

Market value$47.08M

1.32%

Sole

787.59K

Shared

0.00

None

58.70K

META PLATFORMS INC

SOLE

CL A

Shares77.30K

TypeSH

Market value$44.25M

1.24%

Sole

71.73K

Shared

0.00

None

5.57K

VANGUARD TAX-MANAGED FDS

SOLE

VAN FTSE DEV MKT

Shares748.11K

TypeSH

Market value$39.51M

1.11%

Sole

741.70K

Shared

0.00

None

6.41K

VANGUARD INDEX FDS

SOLE

REAL ESTATE ETF

Shares389.68K

TypeSH

Market value$37.96M

1.07%

Sole

357.59K

Shared

0.00

None

32.10K

AMERICAN CENTY ETF TR

SOLE

INTL SMCP VLU

Shares501.63K

TypeSH

Market value$35.45M

0.99%

Sole

478.67K

Shared

0.00

None

22.96K

AMAZON COM INC

SOLE

COM

Shares175.87K

TypeSH

Market value$32.77M

0.92%

Sole

169.34K

Shared

0.00

None

6.54K

COSTCO WHSL CORP NEW

SOLE

COM

Shares31.52K

TypeSH

Market value$27.94M

0.78%

Sole

27.92K

Shared

0.00

None

3.60K

VANGUARD INTL EQUITY INDEX F

SOLE

FTSE SMCAP ETF

Shares213.28K

TypeSH

Market value$26.86M

0.75%

Sole

202.24K

Shared

0.00

None

11.04K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
ISHARES TRSOLE	MSCI USA MMENTM	960.52K	SH	$194.75M 5.46%	878.15K	82.37K
VANGUARD MALVERN FDSSOLE	STRM INFPROIDX	3.55M	SH	$174.84M 4.91%	3.28M	267.09K
VANGUARD SCOTTSDALE FDSSOLE	SHRT TRM CORP BD	2.09M	SH	$165.77M 4.65%	1.85M	237.55K
ISHARES TRSOLE	MSCI USA QLT FCT	842.16K	SH	$151.00M 4.24%	778.93K	63.23K
ISHARES TRSOLE	MSCI INTL QUALTY	2.72M	SH	$112.85M 3.17%	2.53M	189.09K
DIMENSIONAL ETF TRUSTSOLE	US MKTWIDE VALUE	2.47M	SH	$103.18M 2.89%	2.18M	298.48K
APPLE INCSOLE	COM	440.76K	SH	$102.70M 2.88%	386.89K	53.88K
VANGUARD SCOTTSDALE FDSSOLE	INT-TERM CORP	1.18M	SH	$99.19M 2.78%	1.05M	135.28K
ISHARES INCSOLE	CORE MSCI EMKT	1.63M	SH	$93.33M 2.62%	1.50M	122.45K
ISHARES TRSOLE	EAFE VALUE ETF	1.58M	SH	$91.14M 2.56%	1.49M	97.28K
MICROSOFT CORPSOLE	COM	188.26K	SH	$81.01M 2.27%	161.82K	26.45K
SPDR SER TRSOLE	BLOOMBERG SHT TE	2.74M	SH	$70.48M 1.98%	2.53M	206.84K
DIMENSIONAL ETF TRUSTSOLE	INTERNATNAL VAL	1.76M	SH	$67.00M 1.88%	1.64M	117.74K
NVIDIA CORPORATIONSOLE	COM	457.20K	SH	$55.52M 1.56%	425K	32.20K
VANGUARD SCOTTSDALE FDSSOLE	SHORT TERM TREAS	906.85K	SH	$53.52M 1.50%	789.98K	116.88K
SPDR S&P 500 ETF TRSOLE	TR UNIT	92.77K	SH	$53.23M 1.49%	92.08K	686.00
VANGUARD INDEX FDSSOLE	VALUE ETF	283.99K	SH	$49.58M 1.39%	245.71K	38.27K
DIMENSIONAL ETF TRUSTSOLE	US TARGETED VLU	846.28K	SH	$47.08M 1.32%	787.59K	58.70K
META PLATFORMS INCSOLE	CL A	77.30K	SH	$44.25M 1.24%	71.73K	5.57K
VANGUARD TAX-MANAGED FDSSOLE	VAN FTSE DEV MKT	748.11K	SH	$39.51M 1.11%	741.70K	6.41K
VANGUARD INDEX FDSSOLE	REAL ESTATE ETF	389.68K	SH	$37.96M 1.07%	357.59K	32.10K
AMERICAN CENTY ETF TRSOLE	INTL SMCP VLU	501.63K	SH	$35.45M 0.99%	478.67K	22.96K
AMAZON COM INCSOLE	COM	175.87K	SH	$32.77M 0.92%	169.34K	6.54K
COSTCO WHSL CORP NEWSOLE	COM	31.52K	SH	$27.94M 0.78%	27.92K	3.60K
VANGUARD INTL EQUITY INDEX FSOLE	FTSE SMCAP ETF	213.28K	SH	$26.86M 0.75%	202.24K	11.04K

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