Empirical Finance, LLC Q2 2025 Filing

Filed August 11, 2025

Portfolio Value

$1.9T

Holdings

508

Report Date

Q2 2025

Filing Type

13F-HR

All Holdings (508 positions)

#StockSharesValue% PortfolioType
101
VRTXVERTEX PHARMACEUTICALS INC
9,006$4.0B0.21%
102
VXUSVANGUARD STAR FDS
57,025$3.9B0.21%
103
MRSHMARSH & MCLENNAN COS INC
17,245$3.8B0.20%
104
CVSCVS HEALTH CORP
53,729$3.7B0.19%
105
ELVELEVANCE HEALTH INC
9,509$3.7B0.19%
106
SBUXSTARBUCKS CORP
39,994$3.7B0.19%
107
MOALTRIA GROUP INC
62,180$3.6B0.19%
108
LMTLOCKHEED MARTIN CORP
7,855$3.6B0.19%
109
G9NGRUPO AEROPUERTO DEL PACIFIC
15,648$3.6B0.19%
110
CEGCONSTELLATION ENERGY CORP
11,125$3.6B0.19%
111
FISVFISERV INC
20,814$3.6B0.19%
112
MCKMCKESSON CORP
4,818$3.5B0.18%
113
ANETARISTA NETWORKS INC
34,188$3.5B0.18%
114
SOSOUTHERN CO
37,775$3.5B0.18%
115
CMECME GROUP INC
12,539$3.5B0.18%
116
BMYBRISTOL-MYERS SQUIBB CO
73,052$3.4B0.18%
117
PTNQPACER FDS TR
47,352$3.4B0.18%
118
INTCINTEL CORP
146,516$3.3B0.17%
119
PDLBPONCE FINANCIAL GROUP INC
234,649$3.2B0.17%
120
GMGENERAL MTRS CO
65,514$3.2B0.17%
121
MDLZMONDELEZ INTL INC
47,576$3.2B0.17%
122
AZOAUTOZONE INC
853$3.2B0.17%
123
DUKDUKE ENERGY CORP NEW
26,778$3.2B0.17%
124
PHPARKER-HANNIFIN CORP
4,484$3.1B0.16%
125
MPLXMPLX LP
60,467$3.1B0.16%
126
NKENIKE INC
42,963$3.1B0.16%
127
MPCMARATHON PETE CORP
18,301$3.0B0.16%
128
MOODEA SERIES TRUST
90,332$3.0B0.16%
129
WMWASTE MGMT INC DEL
12,988$3.0B0.16%
130
MMM3M CO
19,261$2.9B0.15%
131
ORLYOREILLY AUTOMOTIVE INC
32,417$2.9B0.15%
132
CDNSCADENCE DESIGN SYSTEM INC
9,432$2.9B0.15%
133
T7DTRANSDIGM GROUP INC
1,879$2.9B0.15%
134
NEMNEWMONT CORP
48,932$2.9B0.15%
135
PYPLPAYPAL HLDGS INC
38,291$2.8B0.15%
136
SHWSHERWIN WILLIAMS CO
8,273$2.8B0.15%
137
CAAPCORPORACION AMER ARPTS S A
139,327$2.8B0.15%
138
HCAHCA HEALTHCARE INC
7,273$2.8B0.15%
139
MCOMOODYS CORP
5,522$2.8B0.15%
140
CITCINTAS CORP
12,062$2.7B0.14%
141
EMREMERSON ELEC CO
20,119$2.7B0.14%
142
CMGCHIPOTLE MEXICAN GRILL INC
47,764$2.7B0.14%
143
ECECOPETROL S A
300,866$2.7B0.14%
144
CLCOLGATE PALMOLIVE CO
29,129$2.6B0.14%
145
PNCPNC FINL SVCS GROUP INC
14,131$2.6B0.14%
146
UPSUNITED PARCEL SERVICE INC
25,279$2.6B0.13%
147
CHTRCHARTER COMMUNICATIONS INC N
6,201$2.5B0.13%
148
NOCNORTHROP GRUMMAN CORP
5,036$2.5B0.13%
149
ZTSZOETIS INC
16,090$2.5B0.13%
150
HWMHOWMET AEROSPACE INC
13,366$2.5B0.13%
151
MSIMOTOROLA SOLUTIONS INC
5,822$2.4B0.13%
152
MARMARRIOTT INTL INC NEW
8,892$2.4B0.13%
153
EOGEOG RES INC
20,211$2.4B0.13%
154
BKBANK NEW YORK MELLON CORP
26,295$2.4B0.13%
155
ITWILLINOIS TOOL WKS INC
9,666$2.4B0.13%
156
ECLECOLAB INC
8,790$2.4B0.12%
157
CSXCSX CORP
71,727$2.3B0.12%
158
GDGENERAL DYNAMICS CORP
8,004$2.3B0.12%
159
ADSKAUTODESK INC
7,506$2.3B0.12%
160
HESHESS CORP
16,772$2.3B0.12%
161
FTNTFORTINET INC
21,936$2.3B0.12%
162
BMTABRITISH AMERN TOB PLC
48,681$2.3B0.12%
163
USBUS BANCORP DEL
50,737$2.3B0.12%
164
BOXXEA SERIES TRUST
20,247$2.3B0.12%
165
AGMFEDERAL AGRIC MTG CORP
11,685$2.3B0.12%
166
APDAIR PRODS & CHEMS INC
7,779$2.2B0.11%
167
MEDPMEDPACE HLDGS INC
6,974$2.2B0.11%
168
TRVTRAVELERS COMPANIES INC
8,175$2.2B0.11%
169
FCXFREEPORT-MCMORAN INC
50,113$2.2B0.11%
170
AIGAMERICAN INTL GROUP INC
25,338$2.2B0.11%
171
VOEVANGUARD INDEX FDS
13,181$2.2B0.11%
172
CARRCARRIER GLOBAL CORPORATION
29,227$2.1B0.11%
173
ROPROPER TECHNOLOGIES INC
3,720$2.1B0.11%
174
NSCNORFOLK SOUTHN CORP
8,130$2.1B0.11%
175
PSMTPRICESMART INC
19,623$2.1B0.11%
176
AFLAFLAC INC
19,384$2.0B0.11%
177
PANWPALO ALTO NETWORKS INC
9,900$2.0B0.11%
178
KMIKINDER MORGAN INC DEL
68,342$2.0B0.11%
179
TFCTRUIST FINL CORP
46,253$2.0B0.10%
180
A4SAMERIPRISE FINL INC
3,667$2.0B0.10%
181
UALUNITED AIRLS HLDGS INC
24,000$1.9B0.10%
182
PWRQUANTA SVCS INC
5,031$1.9B0.10%
183
ALSALLSTATE CORP
9,427$1.9B0.10%
184
NGVCNATURAL GROCERS BY VITAMIN C
48,279$1.9B0.10%
185
AEPAMERICAN ELEC PWR CO INC
18,027$1.9B0.10%
186
CTVACORTEVA INC
24,935$1.9B0.10%
187
PSXPHILLIPS 66
15,526$1.9B0.10%
188
FDXFEDEX CORP
8,145$1.9B0.10%
189
TXTERNIUM SA
61,431$1.8B0.10%
190
FOXAFOX CORP
32,549$1.8B0.10%
191
URIUNITED RENTALS INC
2,419$1.8B0.10%
192
METMETLIFE INC
22,568$1.8B0.10%
193
TPRTAPESTRY INC
20,367$1.8B0.09%
194
RSGREPUBLIC SVCS INC
7,232$1.8B0.09%
195
WMBWILLIAMS COS INC
27,960$1.8B0.09%
196
URBNURBAN OUTFITTERS INC
24,198$1.8B0.09%
197
LDOSLEIDOS HOLDINGS INC
11,040$1.7B0.09%
198
BDXBECTON DICKINSON & CO
10,099$1.7B0.09%
199
BKRBAKER HUGHES COMPANY
45,241$1.7B0.09%
200
PCARPACCAR INC
18,246$1.7B0.09%
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