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Portfolio (Quarterly) Guide ↗

Empirical Finance, LLC

· CIK 0001572838
13F Portfolio $2.1B AUM 483 positions Filed May 15, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 22 New 34 Added 29 Reduced 20 Exited
Page 1 of 2  ·  29 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 GOOG ALPHABET INC Communication Services 233,926.0 $67.1M 3.15% -169K -41.9% $286.86 +33.7%
2 QVAL EA SERIES TRUST 275,814.0 $14.4M 0.68% -996K -78.3% $52.14 +4.1%
3 AZO AUTOZONE INC Consumer Cyclical 635.0 $2.1M 0.10% -202.0 -24.1% $3377.78 +1.8%
4 GLD SPDR GOLD TR Financial Services 4,945.0 $2.1M 0.10% -2K -33.6% $430.29 -3.1%
5 WBD WARNER BROS DISCOVERY INC Communication Services 75,323.0 $2.1M 0.10% -836.0 -1.1% $27.46 -0.1%
6 FOXA FOX CORP Communication Services 32,311.0 $1.9M 0.09% -5K -13.4% $58.40 +10.0%
7 PTMC PACER FDS TR 48,411.0 $1.8M 0.08% -240K -83.2% $36.57 +7.9%
8 EA ELECTRONIC ARTS INC Communication Services 8,509.0 $1.7M 0.08% -115.0 -1.3% $203.87 -1.0%
9 ATNI ATN INTL INC Communication Services 45,343.0 $1.2M 0.06% -21K -31.4% $27.22 +0.1%
10 REGN REGENERON PHARMACEUTICALS Healthcare 1,501.0 $1.2M 0.05% -15.0 -1.0% $772.64 -15.9%
11 VOO VANGUARD INDEX FDS 1,693.0 $1.0M 0.05% -68K -97.6% $597.69 +14.3%
12 Q QNITY ELECTRONICS INC Technology 7,819.0 $902K 0.04% -104.0 -1.3% $115.38 +32.6%
13 NVR NVR INC Consumer Cyclical 105.0 $692K 0.03% -1.0 -0.9% $6589.83 -8.2%
14 HOLOGIC INC 8,262.0 $625K 0.03% -113.0 -1.4% $75.59
15 ILMN ILLUMINA INC Healthcare 4,543.0 $560K 0.03% -57.0 -1.2% $123.26 +17.5%
16 AVDV AMERICAN CENTY ETF TR 4,651.0 $464K 0.02% -2K -30.0% $99.86 +8.5%
17 BWA BORGWARNER INC Consumer Cyclical 8,188.0 $444K 0.02% -107.0 -1.3% $54.26 +17.1%
18 SOLS SOLSTICE ADVANCED MATLS INC Basic Materials 5,493.0 $418K 0.02% -76.0 -1.4% $76.16 +10.9%
19 MGM MGM RESORTS INTERNATIONAL Consumer Cyclical 10,433.0 $386K 0.02% -54.0 -0.5% $37.01 +1.8%
20 HSIC SCHEIN HENRY INC Healthcare 4,756.0 $351K 0.02% -24.0 -0.5% $73.70 -0.3%
Page 1 of 2  ·  29 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 30.4%
Financial Services 12.1%
Communication Services 11.3%
Industrials 9.9%
Consumer Cyclical 9.6%
Healthcare 9.2%
Energy 7.1%
Consumer Defensive 5.9%
Utilities 2.6%
Basic Materials 1.9%