Empirical Finance, LLC

NEWTOWN SQUARE, PA · CIK 1572838 · 13F filing filed 2026-08-14

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Others nearbyNewtown Square, PA

As an employer

US visa salary filings

Filings FY2024–20253
Median salary offered$120,000
Middle half$105,000 – $140,000
Job titles3

Job title	Filings	Median
Portfolio ManagerHavertown, PA	1	$160,000
Financial AnalystHavertown, PA	1	$120,000
AnalystHavertown, PA	1	$90,000

Source: US Department of Labor, Labor Condition Application disclosure data (certified, full-time, yearly equivalent). These are the salaries the employer committed to pay the visa roles it filed for, at least the prevailing wage for the job and place; they are not the pay of all its staff. Filed by: Empirical Finance LLC.

$2.4bn reported value +13.0% vs Q1 2026

505positions

34.6%in top 10

39 new 378 added 81 reduced 17 sold out vs Q1 2026

Also in the report of:

Empowered Funds, LLC – $1.4bn of shares are in both reports

Shares in two reports are counted once in each security's totals.

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	NVIDIA CORPORATION COM NVDA	NVDA	844,676	$169.0m7.03%	7.03%	Added +28.7k	+28,693 3.5%
2	APPLE INC COM AAPL	AAPL	518,315	$150.0m6.24%	6.24%	Added +17.1k	+17,132 3.4%
3	MICROSOFT CORP COM MSFT	MSFT	254,426	$94.9m3.95%	3.95%	Added +8.7k	+8,683 3.5%
4	AMAZON COM INC COM AMZN	AMZN	371,802	$88.6m3.68%	3.68%	Reduced -5.2k	-5,211 -1.4%
5	ALPHABET INC CAP STK CL C GOOG	GOOG	221,920	$78.4m3.26%	3.26%	Reduced -12.0k	-12,006 -5.1%
6	ALPHABET INC CAP STK CL A GOOGL	GOOGL	204,352	$73.0m3.04%	3.04%	Added +6.9k	+6,926 3.5%
7	BROADCOM INC COM AVGO	AVGO	148,958	$56.3m2.34%	2.34%	Added +5.9k	+5,920 4.1%
8	MICRON TECHNOLOGY INC COM MU	MU	38,219	$44.1m1.83%	1.83%	Added +1.2k	+1,249 3.4%
9	META PLATFORMS INC CL A META	META	77,020	$43.4m1.80%	1.80%	Added +2.6k	+2,572 3.5%
10	TESLA INC COM TSLA	TSLA	82,916	$34.9m1.45%	1.45%	Added +3.5k	+3,490 4.4%
11	JPMORGAN CHASE & CO COM JPM	JPM	103,311	$33.8m1.41%	1.41%	Added +3.1k	+3,073 3.1%
12	ELI LILLY & CO COM LLY	LLY	27,524	$33.0m1.37%	1.37%	Added +917	+917 3.5%
13	ADVANCED MICRO DEVICES INC COM AMD	AMD	55,978	$32.5m1.35%	1.35%	Added +1.9k	+1,916 3.5%
14	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	62,160	$29.7m1.23%	1.23%	Reduced -33.1k	-33,070 -34.7%
15	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	52,310	$26.2m1.09%	1.09%	Added +2.2k	+2,189 4.4%
16	JOHNSON & JOHNSON COM JNJ	JNJ	85,199	$21.6m0.90%	0.90%	Added +2.8k	+2,764 3.4%
17	EXXON MOBIL CORP COM XOM	XOM	156,210	$21.4m0.89%	0.89%	Added +4.8k	+4,829 3.2%
18	APPLIED MATLS INC COM AMAT	AMAT	29,292	$21.2m0.88%	0.88%	Added +877	+877 3.1%
19	CATERPILLAR INC COM CAT	CAT	19,601	$20.9m0.87%	0.87%	Added +520	+520 2.7%
20	INTEL CORP COM INTC	INTC	147,571	$20.6m0.86%	0.86%	Added +5.6k	+5,641 4.0%
21	LAM RESEARCH CORP COM NEW LRCX	LRCX	46,390	$20.1m0.84%	0.84%	Added +1.4k	+1,377 3.1%
22	ENERGY TRANSFER L P COM UT LTD PTN ET	ET	1,037,614	$19.8m0.82%	0.82%	Reduced -367.1k	-367,142 -26.1%
23	CISCO SYS INC COM CSCO	CSCO	149,734	$17.6m0.73%	0.73%	Added +4.6k	+4,618 3.2%
24	WALMART INC COM WMT	WMT	147,788	$16.7m0.70%	0.70%	Added +5.4k	+5,357 3.8%
25	VISA INC COM CL A V	V	45,436	$15.6m0.65%	0.65%	Added +2.1k	+2,072 4.8%
26	ABBVIE INC COM ABBV	ABBV	61,181	$15.4m0.64%	0.64%	Added +2.1k	+2,051 3.5%
27	MASTERCARD INCORPORATED CL A MA	MA	28,985	$14.9m0.62%	0.62%	Added +934	+934 3.3%
28	AXOS FINANCIAL INC COM AX	AX	152,847	$14.9m0.62%	0.62%	Reduced -25.4k	-25,434 -14.3%
29	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	39,868	$14.8m0.61%	0.61%	Reduced -15.2k	-15,182 -27.6%
30	KLA CORP COM NEW KLAC	KLAC	48,063	$14.5m0.60%	0.60%	Added +1.5k	+1,483 3.2%
31	WESTERN MIDSTREAM PARTNERS L COM UNIT LP INT WES	WES	330,016	$14.4m0.60%	0.60%	Reduced -112.2k	-112,173 -25.4%
32	COSTCO WHSL CORP NEW COM COST	COST	15,385	$14.4m0.60%	0.60%	Added +531	+531 3.6%
33	GRUPO AEROPORTUARIO DEL CENT SPON ADR OMAB	OMAB	126,166	$14.3m0.59%	0.59%	Reduced -42.2k	-42,177 -25.1%
34	GRUPO AEROPUERTO DEL PACIFIC SPON ADS B PAC	PAC	55,844	$14.1m0.59%	0.59%	Reduced -18.8k	-18,763 -25.1%
35	GE AEROSPACE COM NEW GE	GE	37,719	$14.1m0.59%	0.59%	Added +1.2k	+1,201 3.3%
36	BANK AMERICA CORP COM BAC	BAC	240,618	$13.7m0.57%	0.57%	Added +7.5k	+7,549 3.2%
37	UNITEDHEALTH GROUP INC COM UNH	UNH	32,262	$13.4m0.56%	0.56%	Reduced -227	-227 -0.7%
38	HOME DEPOT INC COM HD	HD	36,530	$12.9m0.54%	0.54%	Added +1.2k	+1,164 3.3%
39	CAPITAL SOUTHWEST CORP COM CSWC	CSWC	525,500	$12.5m0.52%	0.52%	Reduced -93.4k	-93,366 -15.1%
40	PROCTER AND GAMBLE CO COM PG	PG	85,156	$12.5m0.52%	0.52%	Added +2.7k	+2,715 3.3%
41	EA SERIES TRUST ALPHA ARCHITECT CAOS	CAOS	138,121	$12.5m0.52%	0.52%	Reduced -48.9k	-48,942 -26.2%
42	CHEVRON CORP NEW COM CVX	CVX	74,091	$12.3m0.51%	0.51%	Reduced -1.8k	-1,750 -2.3%
43	MORGAN STANLEY COM NEW MS	MS	58,732	$12.3m0.51%	0.51%	Reduced -9.9k	-9,916 -14.4%
44	EA SERIES TRUST US QUAN VALUE QVAL	QVAL	219,682	$12.2m0.51%	0.51%	Reduced -56.1k	-56,132 -20.4%
45	MERCK & CO INC COM MRK	MRK	93,774	$12.0m0.50%	0.50%	Added +2.8k	+2,830 3.1%
46	GOLDMAN SACHS GROUP INC COM GS	GS	11,363	$11.5m0.48%	0.48%	Added +343	+343 3.1%
47	COCA COLA CO COM KO	KO	134,955	$11.0m0.46%	0.46%	Added +4.5k	+4,536 3.5%
48	NETFLIX INC COM NFLX	NFLX	151,066	$10.8m0.45%	0.45%	Added +4.9k	+4,851 3.3%
49	WELLS FARGO CO NEW COM WFC	WFC	125,751	$10.4m0.43%	0.43%	Added +3.4k	+3,399 2.8%
50	GE VERNOVA INC COM GEV	GEV	8,690	$10.2m0.42%	0.42%	Added +315	+315 3.8%
51	PHILIP MORRIS INTL INC COM PM	PM	53,848	$9.7m0.40%	0.40%	Added +1.8k	+1,829 3.5%
52	TEXAS INSTRS INC COM TXN	TXN	31,603	$9.4m0.39%	0.39%	Added +1.1k	+1,069 3.5%
53	CITIGROUP INC COM NEW C	C	67,145	$9.4m0.39%	0.39%	Added +2.0k	+1,972 3.0%
54	MPLX LP COM UNIT REP LTD MPLX	MPLX	164,540	$9.3m0.39%	0.39%	Reduced -53.0k	-52,954 -24.4%
55	RTX CORPORATION COM RTX	RTX	48,710	$9.2m0.38%	0.38%	Added +1.5k	+1,530 3.2%
56	DOLLAR TREE INC COM DLTR	DLTR	73,864	$8.9m0.37%	0.37%	Added +66.5k	+66,539 908.4%
57	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	31,474	$8.9m0.37%	0.37%	Added +1.1k	+1,054 3.5%
58	SANDISK CORP COM SNDK	SNDK	3,719	$8.5m0.35%	0.35%	Added +184	+184 5.2%
59	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	11,271	$8.3m0.35%	0.35%	Reduced -926	-926 -7.6%
60	SPROUTS FMRS MKT INC COM SFM	SFM	89,384	$7.6m0.31%	0.31%	Reduced -15.9k	-15,903 -15.1%
61	AMPHENOL CORP CL A APH	APH	41,491	$7.3m0.30%	0.30%	Added +1.4k	+1,424 3.5%
62	WESTERN DIGITAL CORP COM WDC	WDC	11,312	$7.2m0.30%	0.30%	Added +397	+397 3.6%
63	VERIZON COMMUNICATIONS INC COM VZ	VZ	168,633	$7.1m0.30%	0.30%	Added +6.4k	+6,417 4.0%
64	FEDERAL AGRIC MTG CORP CL C AGM	AGM	35,436	$7.1m0.29%	0.29%	Reduced -6.2k	-6,156 -14.8%
65	ANALOG DEVICES INC COM ADI	ADI	17,479	$6.9m0.29%	0.29%	Added +577	+577 3.4%
66	CORNING INC COM GLW	GLW	27,064	$6.9m0.29%	0.29%	Added +937	+937 3.6%
67	AMERICAN EXPRESS CO COM AXP	AXP	20,353	$6.9m0.29%	0.29%	Added +608	+608 3.1%
68	AMGEN INC COM AMGN	AMGN	18,865	$6.8m0.28%	0.28%	Added +624	+624 3.4%
69	ORACLE CORP COM ORCL	ORCL	46,550	$6.8m0.28%	0.28%	Added +2.1k	+2,085 4.7%
70	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	13,473	$6.8m0.28%	0.28%	Added +431	+431 3.3%
71	VALERO ENERGY CORP COM VLO	VLO	25,476	$6.6m0.28%	0.28%	Added +8.9k	+8,862 53.3%
72	PEPSICO INC COM PEP	PEP	47,726	$6.5m0.27%	0.27%	Added +1.6k	+1,600 3.5%
73	AT&T INC COM T	T	311,629	$6.5m0.27%	0.27%	Added +32.0k	+32,024 11.4%
74	BOOKING HOLDINGS INC COM BKNG	BKNG	35,518	$6.3m0.26%	0.26%	Added +4.5k	+4,493 14.5%
75	NEXTERA ENERGY INC COM NEE	NEE	70,396	$6.2m0.26%	0.26%	Added +2.5k	+2,465 3.6%
76	TJX COS INC NEW COM TJX	TJX	40,009	$6.1m0.25%	0.25%	Added +1.3k	+1,300 3.4%
77	DISNEY WALT CO COM DIS	DIS	62,942	$6.1m0.25%	0.25%	Added +2.0k	+1,992 3.3%
78	EA SERIES TRUST VAL MOMTM TRND AAVM	AAVM	178,907	$6.0m0.25%	0.25%	Reduced -85.2k	-85,233 -32.3%
79	GRUPO AEROPORTUARIO DEL SURE SPON ADR SER B ASR	ASR	19,448	$6.0m0.25%	0.25%	Reduced -3.4k	-3,420 -15.0%
80	DEERE & CO COM DE	DE	9,310	$5.9m0.25%	0.25%	Added +290	+290 3.2%
81	EA SERIES TRUST INTL QUAN VALUE IVAL	IVAL	172,106	$5.9m0.24%	0.24%	Reduced -122.8k	-122,767 -41.6%
82	UNION PAC CORP COM UNP	UNP	21,456	$5.8m0.24%	0.24%	Added +689	+689 3.3%
83	MEDPACE HLDGS INC COM MEDP	MEDP	10,782	$5.7m0.24%	0.24%	Reduced -1.9k	-1,881 -14.8%
84	QUALCOMM INC COM QCOM	QCOM	30,668	$5.7m0.24%	0.24%	Added +1.2k	+1,205 4.1%
85	ARISTA NETWORKS INC COM SHS ANET	ANET	33,092	$5.6m0.23%	0.23%	Added +1.2k	+1,212 3.8%
86	PACER FDS TR TRENDPILOT INTL PTIN	PTIN	152,824	$5.6m0.23%	0.23%	Reduced -40.3k	-40,255 -20.9%
87	CVS HEALTH CORP COM CVS	CVS	53,764	$5.6m0.23%	0.23%	Added +1.5k	+1,510 2.9%
88	GILEAD SCIENCES INC COM GILD	GILD	43,580	$5.5m0.23%	0.23%	Added +1.4k	+1,446 3.4%
89	ABBOTT LABS COM ABT	ABT	60,640	$5.5m0.23%	0.23%	Added +2.0k	+2,029 3.5%
90	KROGER CO COM KR	KR	96,782	$5.4m0.22%	0.22%	Added +720	+720 0.8%
91	SALESFORCE INC COM CRM	CRM	33,277	$5.2m0.22%	0.22%	Added +1.0k	+1,037 3.2%
92	CONOCOPHILLIPS COM COP	COP	47,230	$4.9m0.20%	0.20%	Added +1.4k	+1,390 3.0%
93	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	12,209	$4.9m0.20%	0.20%	Added +414	+414 3.5%
94	BLACKROCK INC COM BLK	BLK	5,024	$4.8m0.20%	0.20%	Added +171	+171 3.5%
95	PFIZER INC COM PFE	PFE	197,099	$4.7m0.20%	0.20%	Added +6.6k	+6,618 3.5%
96	SCHWAB CHARLES CORP COM SCHW	SCHW	51,146	$4.7m0.20%	0.20%	Added +2.0k	+2,009 4.1%
97	LOWES COS INC COM LOW	LOW	20,973	$4.6m0.19%	0.19%	Added +652	+652 3.2%
98	MARATHON PETE CORP COM MPC	MPC	17,990	$4.6m0.19%	0.19%	Added +307	+307 1.7%
99	LOCKHEED MARTIN CORP COM LMT	LMT	9,005	$4.6m0.19%	0.19%	Added +227	+227 2.6%
100	CAPITAL ONE FINL CORP COM COF	COF	22,865	$4.6m0.19%	0.19%	Added +718	+718 3.2%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
HONEYWELL INTL INC		11,180	$5.1m11.2k shares
SPDR GOLD TR GLD	GLD	4,945	$2.1m4.9k shares
ATN INTL INC ATNI	ATNI	45,343	$1.2m45.3k shares
ALLY FINL INC ALLY	ALLY	22,000	$863.1k22.0k shares
COTERRA ENERGY INC CTRA	CTRA	24,072	$845.9k24.1k shares
DUPONT DE NEMOURS INC DWDP	DWDP	5,318	$730.7k5.3k shares
HOLOGIC INC HOLX	HOLX	8,262	$624.5k8.3k shares
ALLISON TRANSMISSION HLDGS I ALSN	ALSN	5,093	$596.2k5.1k shares
AMERICAS CAR-MART INC CRMT	CRMT	43,518	$554.0k43.5k shares
EA SERIES TRUST BOXA	BOXA	5,000	$526.0k5.0k shares
DICKS SPORTING GOODS INC DKS	DKS	2,609	$517.3k2.6k shares
MATTEL INC MAT	MAT	31,174	$453.0k31.2k shares
INSULET CORP PODD	PODD	1,162	$243.8k1.2k shares
CELANESE CORP DEL CE	CE	3,471	$228.3k3.5k shares
VERSANT MEDIA GROUP INC VSNT	VSNT	5,999	$222.1k6.0k shares
MARKETAXESS HLDGS INC MKTX	MKTX	1,296	$213.8k1.3k shares
FULL HSE RESORTS INC FLL	FLL	19,975	$44.9k20.0k shares