Empirical Finance, LLC
CIK: 0001572838Latest portfolio: $2.1B · Q4 2025
Holdings
481
Total Value
$2.1B
New Positions
7
Closed Positions
31
Top Holdings
View All 481 Holdings →| # | Stock | Shares | Value | % Portfolio | Change | Type |
|---|---|---|---|---|---|---|
| 1 | NVDANVIDIA CORPORATION | 817,366 | $152.0M | 7.25% | -42,587 | |
| 2 | AAPLAPPLE INC | 502,037 | $136.0M | 6.49% | -24,379 | |
| 3 | GOOGALPHABET INC | 402,440 | $125.0M | 5.96% | +224K | |
| 4 | MSFTMICROSOFT CORP | 246,082 | $119.0M | 5.68% | -10,728 | |
| 5 | AMZNAMAZON COM INC | 343,053 | $79.0M | 3.77% | -1,633 | |
| 6 | QVALEA SERIES TRUST | 1,271,921 | $56.0M | 2.67% | +843K | |
| 7 | METAMETA PLATFORMS INC | 74,557 | $49.0M | 2.34% | -3,480 | |
| 8 | AVGOBROADCOM INC | 143,025 | $49.0M | 2.34% | -6,710 | |
| 9 | TSLATESLA INC | 79,445 | $35.0M | 1.67% | -3,848 | |
| 10 | JPMJPMORGAN CHASE & CO. | 100,496 | $32.0M | 1.53% | -4,923 | |
| 11 | LLYELI LILLY & CO | 26,651 | $28.0M | 1.34% | -1,467 | |
| 12 | BRK/BBERKSHIRE HATHAWAY INC DEL | 49,871 | $25.0M | 1.19% | -1,960 | |
| 13 | VOOVANGUARD INDEX FDS | 69,924 | $21.0M | 1.00% | +68K | |
| 14 | XOMEXXON MOBIL CORP | 151,773 | $18.0M | 0.86% | -6,977 | |
| 15 | JNJJOHNSON & JOHNSON | 82,576 | $17.0M | 0.81% | -3,893 | |
| 16 | MAMASTERCARD INCORPORATED | 28,105 | $16.0M | 0.76% | -1,236 | |
| 17 | TSMTAIWAN SEMICONDUCTOR MFG LTD | 51,072 | $15.0M | 0.72% | +14K | |
| 18 | WMTWALMART INC | 142,577 | $15.0M | 0.72% | -6,323 | |
| 19 | VVISA INC | 43,396 | $15.0M | 0.72% | -2,071 | |
| 20 | NFLXNETFLIX INC | 146,531 | $13.0M | 0.62% | +131K | |
| 21 | ABBVABBVIE INC | 59,229 | $13.0M | 0.62% | -2,633 | |
| 22 | BACBANK AMERICA CORP | 233,604 | $12.0M | 0.57% | -11,127 | |
| 23 | HDHOME DEPOT INC | 35,427 | $12.0M | 0.57% | -1,548 | |
| 24 | COSTCOSTCO WHSL CORP NEW | 14,877 | $12.0M | 0.57% | -647 | |
| 25 | ETENERGY TRANSFER L P | 752,045 | $12.0M | 0.57% | +204K |
Quarterly Changes
Increased Positions
Sector Breakdown
Industrials0.0% ($1.10001000080006e+207T)
Technology0.0% ($1.5200013600011902e+203T)
Financial Services0.0% ($5.600032000210002e+190T)
Healthcare0.0% ($2.800017000130001e+147T)
Consumer Cyclical0.0% ($7.900035000120007e+126T)
Unknown0.0% ($2.500011000100008e+88T)
Consumer Defensive0.0% ($1.5000120001100089e+78T)
Energy0.0% ($1.8000120001100092e+74T)
Utilities0.0% ($5.000500030003e+58T)
Communication Services0.0% ($1.2500049000130006e+53T)
Basic Materials0.0% ($4.000300020002e+44T)
Real Estate0.0% ($10.0M)
Filing History
| Quarter | Filing Date | Portfolio Value | Holdings |
|---|---|---|---|
| Q4 2025 | Feb 12, 2026 | $2.1B | 496 |
| Q3 2025 | Nov 13, 2025 | $2.1T | 506 |
| Q2 2025 | Aug 11, 2025 | $1.9T | 508 |
| Q1 2025 | May 7, 2025 | $1.7T | 504 |
| Q4 2024 | Jan 28, 2025 | $1728.5T | 500 |
| Q3 2024 | Nov 6, 2024 | $1715.1T | 502 |
| Q2 2024 | Jul 30, 2024 | $1600.8T | 502 |
| Q1 2024 | May 6, 2024 | $1629.4T | 514 |
| Q4 2023 | Feb 14, 2024 | $1434.1T | 513 |
| Q3 2023 | Nov 2, 2023 | $1361.4T | 510 |
| Q2 2023 | Jul 27, 2023 | $1291.1T | 509 |
| Q1 2023 | Apr 5, 2023 | $1067.7T | 496 |
| Q4 2022 | Jan 24, 2023 | $965.9B | 493 |
| Q3 2022 | Nov 4, 2022 | $843.2B | 480 |
| Q2 2022 | Aug 1, 2022 | $784.6B | 466 |
| Q1 2022 | Apr 21, 2022 | $892.8B | 479 |
| Q4 2021 | Feb 4, 2022 | $846.9B | 463 |
| Q3 2021 | Nov 12, 2021 | $663.4B | 418 |
| Q2 2021 | Aug 4, 2021 | $568.6B | 325 |
| Q1 2021 | May 13, 2021 | $568.6B | 325 |
| Q4 2020 | Feb 2, 2021 | $568.6B | 325 |
| Q3 2020 | Oct 26, 2020 | $358.1B | 159 |
| Q2 2020 | Jul 20, 2020 | $339.6B | 148 |
| Q1 2020 | Apr 16, 2020 | $321.7B | 209 |
| Q4 2019 | Jan 27, 2020 | $411.2B | 202 |
| Q3 2019 | Oct 30, 2019 | $358.1B | 159 |
| Q2 2019 | Jul 9, 2019 | $364.9B | 153 |
| Q1 2019 | May 10, 2019 | $393.0B | 161 |
| Q1 2019 | May 10, 2019 | $393.0B | 161 |
| Q4 2018 | Jan 22, 2019 | $337.4B | 142 |
| Q3 2018 | Oct 18, 2018 | $401.9B | 152 |
| Q2 2018 | Jul 9, 2018 | $394.7B | 139 |
| Q1 2018 | Apr 25, 2018 | $403.9B | 133 |
| Q4 2017 | Feb 1, 2018 | $303.1B | 96 |
| Q3 2017 | Oct 31, 2017 | $289.9B | 147 |
| Q2 2017 | Aug 10, 2017 | $260.1B | 122 |
| Q1 2017 | May 11, 2017 | $213.8B | 86 |
| Q4 2016 | Feb 13, 2017 | $148.3B | 689 |
Fund Information
Empirical Finance, LLC is an institutional investment manager that files 13F reports with the SEC. As of the Q4 2025 filing, the fund reported a portfolio valued at $2.1B across 481 holdings. The largest position is NVIDIA CORPORATION (NVDA), representing 7.3% of the portfolio. Compared to the previous quarter, the fund opened 7 new positions and closed 32 positions. 13F filings are required quarterly disclosures that provide transparency into the holdings of institutional investment managers with at least $100 million in qualifying assets.