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

Filed: 1/16/2026ACC: 0001085146-26-000089

📋 What this filing means

EMPIRICAL FINANCIAL SERVICES, LLC D.B.A. EMPIRICAL WEALTH MANAGEMENT filed this quarterly 13F‑HR report disclosing 895 equity positions with a total reported market value of $5.61B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

895

Positions

$5.61B

Total AUM (reported)

70.68M

Total Shares

Allocation by class

COM$1.65B29.4%

MSCI USA QLT FCT$350.45M6.2%

MSCI INTL QUALTY$292.91M5.2%

MSCI USA MMENTM$243.85M4.3%

STRM INFPROIDX$230.16M4.1%

SHRT TRM CORP BD$193.67M3.4%

US MKTWIDE VALUE$142.48M2.5%

Portfolio Concentration

Top 3$970.36M17.3%

4–10$1.25B22.2%

11–25$1.04B18.5%

Rest$2.36B42.0%

Top 3 weight

17.3%

Top 10 weight

39.5%

Voting Authority Distribution

Total shares with voting rights: 70.68M

Sole

Full voting authority

65.76M

% of voting shares93.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

4.92M

% of voting shares7.0%

Investment Discretion (by position count)

Sole636

Shared0

Other259

Dominant voting typeSole · 93.0% of voting shares

Institutional Holdings895

Rows:

ISHARES TR

SOLE

MSCI USA QLT FCT

Shares1.76M

TypeSH

Market value$350.45M

6.24%

Sole

1.63M

Shared

0.00

None

138.64K

NVIDIA CORPORATION

OTR

COM

Shares1.75M

TypeSH

Market value$327.01M

5.82%

Sole

1.70M

Shared

0.00

None

52.28K

ISHARES TR

OTR

MSCI INTL QUALTY

Shares6.44M

TypeSH

Market value$292.91M

5.22%

Sole

5.98M

Shared

0.00

None

464.56K

ISHARES TR

SOLE

MSCI USA MMENTM

Shares974.18K

TypeSH

Market value$243.85M

4.34%

Sole

892.90K

Shared

0.00

None

81.28K

VANGUARD MALVERN FDS

OTR

STRM INFPROIDX

Shares4.65M

TypeSH

Market value$230.16M

4.10%

Sole

4.34M

Shared

0.00

None

311.96K

VANGUARD SCOTTSDALE FDS

OTR

SHRT TRM CORP BD

Shares2.43M

TypeSH

Market value$193.67M

3.45%

Sole

2.18M

Shared

0.00

None

248.80K

APPLE INC

SOLE

COM

Shares620.35K

TypeSH

Market value$168.65M

3.00%

Sole

551.72K

Shared

0.00

None

68.63K

DIMENSIONAL ETF TRUST

SOLE

US MKTWIDE VALUE

Shares3.06M

TypeSH

Market value$142.48M

2.54%

Sole

2.76M

Shared

0.00

None

302.65K

ISHARES TR

SOLE

EAFE VALUE ETF

Shares1.93M

TypeSH

Market value$137.73M

2.45%

Sole

1.82M

Shared

0.00

None

104.17K

ISHARES INC

OTR

CORE MSCI EMKT

Shares1.94M

TypeSH

Market value$130.52M

2.32%

Sole

1.82M

Shared

0.00

None

125.89K

VANGUARD SCOTTSDALE FDS

OTR

INT-TERM CORP

Shares1.37M

TypeSH

Market value$114.79M

2.04%

Sole

1.23M

Shared

0.00

None

142.07K

MICROSOFT CORP

SOLE

COM

Shares229.60K

TypeSH

Market value$111.04M

1.98%

Sole

202.83K

Shared

0.00

None

26.77K

DIMENSIONAL ETF TRUST

OTR

INTERNATNAL VAL

Shares1.81M

TypeSH

Market value$90.21M

1.61%

Sole

1.69M

Shared

0.00

None

122.01K

SPDR SERIES TRUST

OTR

STATE STREET SPD

Shares3.52M

TypeSH

Market value$89.18M

1.59%

Sole

3.29M

Shared

0.00

None

231.26K

META PLATFORMS INC

OTR

CL A

Shares106.94K

TypeSH

Market value$70.59M

1.26%

Sole

105.07K

Shared

0.00

None

1.88K

AMAZON COM INC

SOLE

COM

Shares295.08K

TypeSH

Market value$68.11M

1.21%

Sole

283.85K

Shared

0.00

None

11.22K

SPDR S&P 500 ETF TR

OTR

TR UNIT

Shares98.69K

TypeSH

Market value$67.30M

1.20%

Sole

97.61K

Shared

0.00

None

1.08K

VANGUARD INDEX FDS

SOLE

VALUE ETF

Shares342.40K

TypeSH

Market value$65.40M

1.16%

Sole

297.22K

Shared

0.00

None

45.19K

VANGUARD SCOTTSDALE FDS

SOLE

SHORT TERM TREAS

Shares1.11M

TypeSH

Market value$65.00M

1.16%

Sole

976.25K

Shared

0.00

None

130.49K

AMERICAN CENTY ETF TR

OTR

INTL SMCP VLU

Shares612.41K

TypeSH

Market value$57.55M

1.02%

Sole

583.02K

Shared

0.00

None

29.39K

VANGUARD TAX-MANAGED FDS

SOLE

VAN FTSE DEV MKT

Shares908.99K

TypeSH

Market value$56.78M

1.01%

Sole

902.93K

Shared

0.00

None

6.06K

DIMENSIONAL ETF TRUST

OTR

US TARGETED VLU

Shares918.38K

TypeSH

Market value$54.68M

0.97%

Sole

860.66K

Shared

0.00

None

57.73K

ALPHABET INC

SOLE

CAP STK CL C

Shares151.43K

TypeSH

Market value$47.52M

0.85%

Sole

141.43K

Shared

0.00

None

10.01K

WISDOMTREE TR

SOLE

US QUALITY GROW

Shares723.46K

TypeSH

Market value$42.45M

0.76%

Sole

668.12K

Shared

0.00

None

55.34K

AMERICAN CENTY ETF TR

SOLE

US SML CP VALU

Shares394.77K

TypeSH

Market value$40.26M

0.72%

Sole

378.93K

Shared

0.00

None

15.84K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
ISHARES TRSOLE	MSCI USA QLT FCT	1.76M	SH	$350.45M 6.24%	1.63M	138.64K
NVIDIA CORPORATIONOTR	COM	1.75M	SH	$327.01M 5.82%	1.70M	52.28K
ISHARES TROTR	MSCI INTL QUALTY	6.44M	SH	$292.91M 5.22%	5.98M	464.56K
ISHARES TRSOLE	MSCI USA MMENTM	974.18K	SH	$243.85M 4.34%	892.90K	81.28K
VANGUARD MALVERN FDSOTR	STRM INFPROIDX	4.65M	SH	$230.16M 4.10%	4.34M	311.96K
VANGUARD SCOTTSDALE FDSOTR	SHRT TRM CORP BD	2.43M	SH	$193.67M 3.45%	2.18M	248.80K
APPLE INCSOLE	COM	620.35K	SH	$168.65M 3.00%	551.72K	68.63K
DIMENSIONAL ETF TRUSTSOLE	US MKTWIDE VALUE	3.06M	SH	$142.48M 2.54%	2.76M	302.65K
ISHARES TRSOLE	EAFE VALUE ETF	1.93M	SH	$137.73M 2.45%	1.82M	104.17K
ISHARES INCOTR	CORE MSCI EMKT	1.94M	SH	$130.52M 2.32%	1.82M	125.89K
VANGUARD SCOTTSDALE FDSOTR	INT-TERM CORP	1.37M	SH	$114.79M 2.04%	1.23M	142.07K
MICROSOFT CORPSOLE	COM	229.60K	SH	$111.04M 1.98%	202.83K	26.77K
DIMENSIONAL ETF TRUSTOTR	INTERNATNAL VAL	1.81M	SH	$90.21M 1.61%	1.69M	122.01K
SPDR SERIES TRUSTOTR	STATE STREET SPD	3.52M	SH	$89.18M 1.59%	3.29M	231.26K
META PLATFORMS INCOTR	CL A	106.94K	SH	$70.59M 1.26%	105.07K	1.88K
AMAZON COM INCSOLE	COM	295.08K	SH	$68.11M 1.21%	283.85K	11.22K
SPDR S&P 500 ETF TROTR	TR UNIT	98.69K	SH	$67.30M 1.20%	97.61K	1.08K
VANGUARD INDEX FDSSOLE	VALUE ETF	342.40K	SH	$65.40M 1.16%	297.22K	45.19K
VANGUARD SCOTTSDALE FDSSOLE	SHORT TERM TREAS	1.11M	SH	$65.00M 1.16%	976.25K	130.49K
AMERICAN CENTY ETF TROTR	INTL SMCP VLU	612.41K	SH	$57.55M 1.02%	583.02K	29.39K
VANGUARD TAX-MANAGED FDSSOLE	VAN FTSE DEV MKT	908.99K	SH	$56.78M 1.01%	902.93K	6.06K
DIMENSIONAL ETF TRUSTOTR	US TARGETED VLU	918.38K	SH	$54.68M 0.97%	860.66K	57.73K
ALPHABET INCSOLE	CAP STK CL C	151.43K	SH	$47.52M 0.85%	141.43K	10.01K
WISDOMTREE TRSOLE	US QUALITY GROW	723.46K	SH	$42.45M 0.76%	668.12K	55.34K
AMERICAN CENTY ETF TRSOLE	US SML CP VALU	394.77K	SH	$40.26M 0.72%	378.93K	15.84K

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