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

PrivateCIK: 1510434

Location

SEATTLE, WA

1060

Positions

$6.85B

Total AUM (reported)

77.08M

Total Shares

Allocation by class

COM$2.07B30.2%

MSCI USA QLT FCT$393.76M5.7%

MSCI INTL QUALTY$391.00M5.7%

MSCI USA MMENTM$319.38M4.7%

STRM INFPROIDX$258.48M3.8%

SHRT TRM CORP BD$227.43M3.3%

US MKTWIDE VALUE$184.56M2.7%

Portfolio Concentration

Top 3$1.20B17.5%

4–10$1.50B21.9%

11–25$1.13B16.5%

Rest$3.02B44.1%

Top 3 weight

17.5%

Top 10 weight

39.4%

Voting Authority Distribution

Total shares with voting rights: 77.08M

Sole

Full voting authority

72.43M

% of voting shares94.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

4.65M

% of voting shares6.0%

Investment Discretion (by position count)

Sole656

Shared0

Other404

Dominant voting typeSole · 94.0% of voting shares

Institutional Holdings1060

Rows:

NVIDIA CORPORATION

SOLE

COM

Shares2.06M

TypeSH

Market value$412.26M

6.02%

Sole

2.05M

Shared

0.00

None

10.07K

ISHARES TR

OTR

MSCI USA QLT FCT

Shares1.79M

TypeSH

Market value$393.76M

5.75%

Sole

1.67M

Shared

0.00

None

129.39K

ISHARES TR

OTR

MSCI INTL QUALTY

Shares7.89M

TypeSH

Market value$391.00M

5.71%

Sole

7.36M

Shared

0.00

None

526.71K

ISHARES TR

SOLE

MSCI USA MMENTM

Shares931.61K

TypeSH

Market value$319.38M

4.66%

Sole

855.39K

Shared

0.00

None

76.22K

VANGUARD MALVERN FDS

SOLE

STRM INFPROIDX

Shares5.15M

TypeSH

Market value$258.48M

3.77%

Sole

4.83M

Shared

0.00

None

312.27K

VANGUARD SCOTTSDALE FDS

SOLE

SHRT TRM CORP BD

Shares2.88M

TypeSH

Market value$227.43M

3.32%

Sole

2.60M

Shared

0.00

None

276.18K

DIMENSIONAL ETF TRUST

SOLE

US MKTWIDE VALUE

Shares3.36M

TypeSH

Market value$184.56M

2.69%

Sole

3.06M

Shared

0.00

None

292.09K

APPLE INC

SOLE

COM

Shares620.74K

TypeSH

Market value$179.62M

2.62%

Sole

571.43K

Shared

0.00

None

49.31K

ISHARES INC

OTR

CORE MSCI EMKT

Shares2.03M

TypeSH

Market value$168.05M

2.45%

Sole

1.91M

Shared

0.00

None

117.26K

ISHARES TR

OTR

EAFE VALUE ETF

Shares2.13M

TypeSH

Market value$163.41M

2.38%

Sole

2.03M

Shared

0.00

None

107.58K

VANGUARD SCOTTSDALE FDS

SOLE

INT-TERM CORP

Shares1.45M

TypeSH

Market value$120.24M

1.75%

Sole

1.31M

Shared

0.00

None

140.35K

DIMENSIONAL ETF TRUST

OTR

INTERNATNAL VAL

Shares1.84M

TypeSH

Market value$99.17M

1.45%

Sole

1.72M

Shared

0.00

None

114.12K

MICROSOFT CORP

SOLE

COM

Shares229.49K

TypeSH

Market value$85.60M

1.25%

Sole

210.34K

Shared

0.00

None

19.16K

STATE STR SPDR S&P 500 ETF T

OTR

TR UNIT

Shares103.93K

TypeSH

Market value$77.61M

1.13%

Sole

102.86K

Shared

0.00

None

1.07K

WISDOMTREE TR

SOLE

US QUALITY GROW

Shares1.16M

TypeSH

Market value$76.61M

1.12%

Sole

1.08M

Shared

0.00

None

77.73K

DFA INVT DIMENSIONS GROUP IN

OTR

U.S. MIC CAP SHS

Shares1.24M

TypeSH

Market value$75.62M

1.10%

Sole

1.15M

Shared

0.00

None

87.22K

AMAZON COM INC

SOLE

COM

Shares313.95K

TypeSH

Market value$74.83M

1.09%

Sole

304.83K

Shared

0.00

None

9.12K

VANGUARD INDEX FDS

OTR

VALUE ETF

Shares336.30K

TypeSH

Market value$73.29M

1.07%

Sole

291.89K

Shared

0.00

None

44.41K

VANGUARD SCOTTSDALE FDS

SOLE

SHORT TERM TREAS

Shares1.21M

TypeSH

Market value$70.59M

1.03%

Sole

1.09M

Shared

0.00

None

119.25K

AMERICAN CENTY ETF TR

OTR

INTL SMCP VLU

Shares663.94K

TypeSH

Market value$68.42M

1.00%

Sole

633.70K

Shared

0.00

None

30.24K

ALPHABET INC

OTR

CAP STK CL C

Shares184.23K

TypeSH

Market value$65.09M

0.95%

Sole

175.40K

Shared

0.00

None

8.83K

DIMENSIONAL ETF TRUST

SOLE

US TARGETED VLU

Shares922.73K

TypeSH

Market value$64.50M

0.94%

Sole

873.84K

Shared

0.00

None

48.90K

VANGUARD TAX-MANAGED FDS

SOLE

VAN FTSE DEV MKT

Shares899.56K

TypeSH

Market value$64.09M

0.94%

Sole

893.89K

Shared

0.00

None

5.67K

META PLATFORMS INC

OTR

CL A

Shares109.41K

TypeSH

Market value$61.63M

0.90%

Sole

108.02K

Shared

0.00

None

1.40K

CISCO SYS INC

OTR

COM

Shares481.10K

TypeSH

Market value$56.51M

0.82%

Sole

466.76K

Shared

0.00

None

14.34K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
NVIDIA CORPORATIONSOLE	COM	2.06M	SH	$412.26M 6.02%	2.05M	10.07K
ISHARES TROTR	MSCI USA QLT FCT	1.79M	SH	$393.76M 5.75%	1.67M	129.39K
ISHARES TROTR	MSCI INTL QUALTY	7.89M	SH	$391.00M 5.71%	7.36M	526.71K
ISHARES TRSOLE	MSCI USA MMENTM	931.61K	SH	$319.38M 4.66%	855.39K	76.22K
VANGUARD MALVERN FDSSOLE	STRM INFPROIDX	5.15M	SH	$258.48M 3.77%	4.83M	312.27K
VANGUARD SCOTTSDALE FDSSOLE	SHRT TRM CORP BD	2.88M	SH	$227.43M 3.32%	2.60M	276.18K
DIMENSIONAL ETF TRUSTSOLE	US MKTWIDE VALUE	3.36M	SH	$184.56M 2.69%	3.06M	292.09K
APPLE INCSOLE	COM	620.74K	SH	$179.62M 2.62%	571.43K	49.31K
ISHARES INCOTR	CORE MSCI EMKT	2.03M	SH	$168.05M 2.45%	1.91M	117.26K
ISHARES TROTR	EAFE VALUE ETF	2.13M	SH	$163.41M 2.38%	2.03M	107.58K
VANGUARD SCOTTSDALE FDSSOLE	INT-TERM CORP	1.45M	SH	$120.24M 1.75%	1.31M	140.35K
DIMENSIONAL ETF TRUSTOTR	INTERNATNAL VAL	1.84M	SH	$99.17M 1.45%	1.72M	114.12K
MICROSOFT CORPSOLE	COM	229.49K	SH	$85.60M 1.25%	210.34K	19.16K
STATE STR SPDR S&P 500 ETF TOTR	TR UNIT	103.93K	SH	$77.61M 1.13%	102.86K	1.07K
WISDOMTREE TRSOLE	US QUALITY GROW	1.16M	SH	$76.61M 1.12%	1.08M	77.73K
DFA INVT DIMENSIONS GROUP INOTR	U.S. MIC CAP SHS	1.24M	SH	$75.62M 1.10%	1.15M	87.22K
AMAZON COM INCSOLE	COM	313.95K	SH	$74.83M 1.09%	304.83K	9.12K
VANGUARD INDEX FDSOTR	VALUE ETF	336.30K	SH	$73.29M 1.07%	291.89K	44.41K
VANGUARD SCOTTSDALE FDSSOLE	SHORT TERM TREAS	1.21M	SH	$70.59M 1.03%	1.09M	119.25K
AMERICAN CENTY ETF TROTR	INTL SMCP VLU	663.94K	SH	$68.42M 1.00%	633.70K	30.24K
ALPHABET INCOTR	CAP STK CL C	184.23K	SH	$65.09M 0.95%	175.40K	8.83K
DIMENSIONAL ETF TRUSTSOLE	US TARGETED VLU	922.73K	SH	$64.50M 0.94%	873.84K	48.90K
VANGUARD TAX-MANAGED FDSSOLE	VAN FTSE DEV MKT	899.56K	SH	$64.09M 0.94%	893.89K	5.67K
META PLATFORMS INCOTR	CL A	109.41K	SH	$61.63M 0.90%	108.02K	1.40K
CISCO SYS INCOTR	COM	481.10K	SH	$56.51M 0.82%	466.76K	14.34K

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