Empire Financial Management Company, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Empire Financial Management Company, LLC reported 196 stock positions worth $320.6 million. Its top holding was Distillate US Fundamental St (DSTL) at 4.3% of the portfolio, followed by Microsoft (MSFT, 3.6%) and Apple (AAPL, 3.5%). Compared with Q3 2024, it opened 12 new positions, sold out of 19, added to 84 and reduced 56. The biggest buy was Abbvie (ABBV, shares +138%) and the biggest sale Lockheed Martin (LMT, shares −76%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001971875
- Portfolio Value
- $320.6M (Q4 2024)
- SEC Filing
- 0001971875-25-000001 ↗ filed Feb 14, 2025
Holdings Value
Holdings 196 stocks · $320.6M
| DSTL Distillate US Fundamental St | 4.26% | 248,857 | $13.7M | Reduce -0.1% |
| MSFT Microsoft Corp. | 3.59% | 27,307 | $11.5M | Reduce -1.9% |
| AAPL Apple Inc. | 3.52% | 45,010 | $11.3M | Add +5.7% |
| JPM JPMorgan Chase & Co. | 2.92% | 39,013 | $9.4M | Add +0.5% |
| LLY Eli Lilly & Co. | 2.27% | 9,405 | $7.3M | Reduce -1.1% |
| AMZN Amazon.com Inc. | 2.19% | 31,957 | $7.0M | Add +11.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.88% | 27,348 | $6.0M | Reduce -9.1% |
| DBMF Imgp Dbi MFT STR ETF-Usd Inc. | 1.68% | 205,981 | $5.4M | Add +3.2% |
| ABBV Abbvie Inc. | 1.56% | 28,199 | $5.0M | Add +137.6% |
| AVGO Broadcom Inc. | 1.48% | 20,527 | $4.8M | Add +1.3% |
| HD Home Depot Inc. | 1.41% | 11,655 | $4.5M | Add +3.4% |
| AXP American Express Co. | 1.39% | 15,053 | $4.5M | Reduce -3.2% |
| GCOW Pacer Global Cash Cows Divid | 1.39% | 132,111 | $4.5M | Add +9.7% |
| ABT Abbott Laboratories | 1.39% | 39,326 | $4.4M | Add +1.4% |
| FDIV Marketdsk Focused US DVD ETF | 1.35% | 159,855 | $4.3M | Add +6.7% |
| QDPL Pacer Met US LRG Cap DVD 400 | 1.30% | 108,518 | $4.2M | Add +2.1% |
| RTX RTX Corp. | 1.29% | 35,844 | $4.1M | Add +3.3% |
| PG The Procter & Gamble Co. | 1.28% | 24,424 | $4.1M | Add +8.9% |
| GOOGL Alphabet Inc. Class A | 1.23% | 20,789 | $3.9M | Add +3.0% |
| CEG Constellation Energy | 1.21% | 17,401 | $3.9M | No change |
| ADP Automatic Data Processing | 1.19% | 13,031 | $3.8M | No change |
| JHSC John Hancock Multi Small Cap | 1.13% | 91,465 | $3.6M | Add +0.9% |
| TRV The Travelers Cos Inc. | 1.13% | 15,082 | $3.6M | Reduce -6.9% |
| PHYS Sprott Physical Gold Trust | 1.09% | 174,096 | $3.5M | Add +4.5% |
| PEG Public Service Enterprise GP | 1.09% | 41,416 | $3.5M | No change |
| IWM iShares Russell 2000 ETF | 1.05% | 15,230 | $3.4M | Reduce -1.9% |
| HGER Harbor Commodity All Weather | 1.04% | 150,249 | $3.3M | Add +6.2% |
| DSTX Distillate International Fun | 1.01% | 139,787 | $3.2M | Reduce -4.1% |
| CVX Chevron Corp. | 0.97% | 21,361 | $3.1M | Add +2.3% |
| DUK Duke Energy Corp. | 0.90% | 26,684 | $2.9M | Add +2.5% |
| AVDV Avantis Intl S/C Value ETF | 0.87% | 42,737 | $2.8M | Add +6.6% |
| HON Honeywell International Inc. | 0.84% | 11,935 | $2.7M | Add +1.3% |
| JNJ Johnson & Johnson | 0.81% | 17,882 | $2.6M | Add +18.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.80% | 58,416 | $2.6M | Reduce -2.6% |
| CB Chubb Ltd. | 0.80% | 9,243 | $2.6M | Add +237.9% |
| NEE Nextera Energy Inc. | 0.78% | 35,086 | $2.5M | Add +6.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.77% | 8,512 | $2.5M | Reduce -2.9% |
| AMGN Amgen Inc. | 0.76% | 9,308 | $2.4M | Add +4.5% |
| NVDA Nvidia Corp. | 0.75% | 17,954 | $2.4M | Reduce -1.6% |
| TXN Texas Instruments Inc. | 0.75% | 12,766 | $2.4M | Add +3.8% |
| MRK Merck & Co. Inc. | 0.74% | 23,933 | $2.4M | Reduce -17.3% |
| HSY The Hershey Co. | 0.72% | 13,572 | $2.3M | Reduce -9.3% |
| MDT Medtronic PLC | 0.70% | 27,912 | $2.2M | Add +3.5% |
| KMI Kinder Morgan Inc. | 0.69% | 80,400 | $2.2M | Reduce -2.4% |
| CG The Carlyle Group Inc. | 0.69% | 43,500 | $2.2M | Add +128.9% |
| CL Colgate-Palmolive Co. | 0.68% | 23,836 | $2.2M | Add +45.9% |
| EXC Exelon Corp. | 0.67% | 56,711 | $2.1M | Reduce -1.7% |
| UNH Unitedhealth Group Inc. | 0.66% | 4,152 | $2.1M | Reduce -1.5% |
| NSC Norfolk Southern Corp. | 0.64% | 8,783 | $2.1M | Add +2.5% |
| PAYX Paychex Inc. | 0.63% | 14,513 | $2.0M | Add +2.9% |
| JEPI JPMorgan Equity Premium Inco | 0.63% | 35,248 | $2.0M | Add +0.0% |
| V Visa Inc. Class A | 0.62% | 6,310 | $2.0M | No change |
| GS Goldman Sachs Group Inc. | 0.62% | 3,446 | $2.0M | Add +5.2% |
| QCOM Qualcomm Inc. | 0.61% | 12,738 | $2.0M | Add +32.0% |
| XOM Exxon Mobil Corp. | 0.61% | 18,098 | $1.9M | No change |
| PFE Pfizer Inc. | 0.60% | 72,195 | $1.9M | Reduce -24.3% |
| KMB Kimberly-Clark Corp. | 0.55% | 13,523 | $1.8M | Add +253.2% |
| ZG Zillow Group Inc. Class A | 0.55% | 25,000 | $1.8M | New |
| KO The Coca-Cola Co. | 0.54% | 28,005 | $1.7M | Reduce -1.4% |
| MPLX MPLX LP | 0.54% | 36,225 | $1.7M | No change |
| PEP Pepsico Inc. | 0.53% | 11,254 | $1.7M | Reduce -0.4% |
| EMR Emerson Electric Co. | 0.53% | 13,702 | $1.7M | Add +1.8% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.52% | 29,708 | $1.7M | Reduce -1.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.52% | 3,661 | $1.7M | Reduce -27.9% |
| PANW Palo Alto Networks Inc. | 0.51% | 8,924 | $1.6M | Add +1.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.50% | 2,760 | $1.6M | Reduce -5.2% |
| NVS Novartis AG-Sponsored ADR | 0.46% | 15,273 | $1.5M | Add +6.3% |
| UL Unilever PLC | 0.45% | 25,310 | $1.4M | Add +456.8% |
| UPS United Parcel Service Class B | 0.44% | 11,305 | $1.4M | New |
| BINC iShares Flex I A ETF-Usd Inc. | 0.44% | 27,064 | $1.4M | Add +0.1% |
| AZO AutoZone Inc. | 0.44% | 438 | $1.4M | Add +10.9% |
| SO The Southern Co. | 0.44% | 17,033 | $1.4M | Add +24.6% |
| COWZ Pacer US Cash Cows 100 ETF | 0.43% | 24,571 | $1.4M | Add +9.0% |
| AOS Smith (a.o.) Corp. | 0.42% | 19,869 | $1.4M | New |
| DPZ Domino's Pizza Inc. | 0.41% | 3,162 | $1.3M | Add +38.0% |
| JPUS JPMorgan Div Ret US Eq ETF | 0.40% | 11,362 | $1.3M | Reduce -2.2% |
| CDXS Codexis Inc. | 0.40% | 270,000 | $1.3M | Add +21.1% |
| ASML ASML Holding NV-NY Reg SHS | 0.40% | 1,846 | $1.3M | Add +39.7% |
| ET Energy Transfer LP | 0.39% | 63,525 | $1.2M | Add +5.0% |
| EOG EOG Resources Inc. | 0.38% | 10,011 | $1.2M | Add +6.7% |
| UBER Uber Technologies Inc. | 0.38% | 20,307 | $1.2M | New |
| ED Consolidated Edison Inc. | 0.38% | 13,720 | $1.2M | No change |
| JPIN JPM Diversified Ret Intl Eq filed as J P MORGAN EXCHANGE TRADED F | 0.37% | 22,071 | $1.2M | Add +1.6% |
| BIP Brookfield Infrastructure Pa | 0.36% | 36,620 | $1.2M | Add +5.5% |
| COWG Pacer US LRG Cap Cows GR LD | 0.36% | 36,256 | $1.2M | Add +4.7% |
| NOC Northrop Grumman Corp. | 0.35% | 2,392 | $1.1M | New |
| TMO Thermo Fisher Scientific Inc. | 0.35% | 2,130 | $1.1M | Add +8.4% |
| ORCL Oracle Corp. | 0.34% | 6,608 | $1.1M | Reduce -43.6% |
| PFFA Virtus Infracap US Pref STCK | 0.34% | 49,450 | $1.1M | Reduce -1.9% |
| MA Mastercard Inc. Class A | 0.34% | 2,052 | $1.1M | Reduce -19.0% |
| DELL Dell Technologies -C | 0.32% | 9,000 | $1.0M | Reduce -20.4% |
| GE General Electric filed as GE AEROSPACE | 0.32% | 6,152 | $1.0M | No change |
| BX Blackstone Inc. | 0.31% | 5,717 | $986K | No change |
| GD General Dynamics Corp. | 0.31% | 3,715 | $979K | Add +0.5% |
| XLK SS Technology Select Sector | 0.30% | 4,195 | $975K | Add +2.4% |
| MLM Martin Marietta Materials | 0.30% | 1,887 | $975K | No change |
| GOAU US GLB GLD & Metal MNRS ETF | 0.30% | 50,971 | $966K | Reduce -3.1% |
| BF.B Brown-Forman Corp. Class B | 0.29% | 24,783 | $941K | New |
| NOBL Proshares S&P 500 Dividend A | 0.29% | 9,337 | $930K | Reduce -6.4% |
| AIG American International Group | 0.29% | 12,711 | $925K | No change |
Portfolio Sells Q3 2024 → Q4 2024
| LMT Lockheed Martin Corp. | Reduce -75.7% | 0.28% | −1.09 |
| IVOL Quadratic Int Rte Vol Infl H | Sold out | 0.00% | −0.62 |
| ETN Eaton Corp. PLC | Reduce -74.9% | 0.16% | −0.48 |
| XBI SS SPDR S&P Biotech ETF | Reduce -64.4% | 0.20% | −0.41 |
| HII Huntington Ingalls Industrie | Sold out | 0.00% | −0.37 |
| LLY Eli Lilly & Co. | Reduce -1.1% | 2.27% | −0.33 |
| STLA Stellantis NV | Sold out | 0.00% | −0.32 |
| BAX Baxter International Inc. | Sold out | 0.00% | −0.31 |
| DD Dupont DE Nemours Inc. | Reduce -46.8% | 0.26% | −0.30 |
| CI The Cigna Group | Sold out | 0.00% | −0.30 |
| DOW Dow Inc. | Sold out | 0.00% | −0.28 |
| JBL Jabil Inc. | Reduce -77.1% | 0.11% | −0.28 |
| ORCL Oracle Corp. | Reduce -43.6% | 0.34% | −0.27 |
| DEO Diageo PLC-Sponsored ADR | Sold out | 0.00% | −0.27 |
| MRK Merck & Co. Inc. | Reduce -17.3% | 0.74% | −0.27 |
| PFE Pfizer Inc. | Reduce -24.3% | 0.60% | −0.25 |
| DKNG Draftkings Inc. Class A | Sold out | 0.00% | −0.22 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -27.9% | 0.52% | −0.20 |
| CSCO Cisco Systems Inc. | Reduce -73.0% | 0.09% | −0.20 |
| SWK Stanley Black & Decker Inc. | Sold out | 0.00% | −0.18 |
| IBM Intl Business Machines Corp. | Reduce -9.1% | 1.88% | −0.17 |
| HSY The Hershey Co. | Reduce -9.3% | 0.72% | −0.17 |
| DSTX Distillate International Fun | Reduce -4.1% | 1.01% | −0.15 |
| KHC The Kraft Heinz Co. | Sold out | 0.00% | −0.14 |
| CSHI Neos Enhanced Income 1-3 Mon | Reduce -46.0% | 0.16% | −0.13 |
| AXGN Axogen Inc. | Sold out | 0.00% | −0.13 |
| DE Deere & Co. | Sold out | 0.00% | −0.11 |
| UNH Unitedhealth Group Inc. | Reduce -1.5% | 0.66% | −0.10 |
| MSFT Microsoft Corp. | Reduce -1.9% | 3.59% | −0.10 |
| AMAT Applied Materials Inc. | Reduce -35.5% | 0.10% | −0.09 |
| DELL Dell Technologies -C | Reduce -20.4% | 0.32% | −0.09 |
| KRE SS SPDR S&P Regional Bank | Sold out | 0.00% | −0.09 |
| KO The Coca-Cola Co. | Reduce -1.4% | 0.54% | −0.08 |
| DSTL Distillate US Fundamental St | Reduce -0.1% | 4.26% | −0.08 |
| QQQ Invesco QQQ Trust Series 1 | Sold out | 0.00% | −0.08 |
| HTO H2O America | Sold out | 0.00% | −0.07 |
| COO The Cooper Cos Inc. | Sold out | 0.00% | −0.07 |
| INTC Intel Corp. | Sold out | 0.00% | −0.07 |
| CALF PCR US SM CP CSH CWS ETF-Usd | Sold out | 0.00% | −0.07 |
| YMAB Y-Mabs Therapeutics Inc. | Sold out | 0.00% | −0.06 |
| PEP Pepsico Inc. | Reduce -0.4% | 0.53% | −0.06 |
| BCRX Biocryst Pharmaceuticals Inc. | Reduce -40.7% | 0.08% | −0.06 |
| EXC Exelon Corp. | Reduce -1.7% | 0.67% | −0.05 |
| MA Mastercard Inc. Class A | Reduce -19.0% | 0.34% | −0.05 |
| KEY Keycorp | Reduce -27.8% | 0.14% | −0.05 |
| QTRX Quanterix Corp. | Reduce -16.0% | 0.10% | −0.05 |
| GOAU US GLB GLD & Metal MNRS ETF | Reduce -3.1% | 0.30% | −0.04 |
| NOBL Proshares S&P 500 Dividend A | Reduce -6.4% | 0.29% | −0.04 |
| TRV The Travelers Cos Inc. | Reduce -6.9% | 1.13% | −0.03 |
| AMD Advanced Micro Devices | Reduce -7.7% | 0.07% | −0.03 |
Portfolio Buys Q3 2024 → Q4 2024
| ABBV Abbvie Inc. | Add +137.6% | 1.56% | +0.84 |
| CB Chubb Ltd. | Add +237.9% | 0.80% | +0.55 |
| ZG Zillow Group Inc. Class A | New | 0.55% | +0.55 |
| AMZN Amazon.com Inc. | Add +11.0% | 2.19% | +0.54 |
| AAPL Apple Inc. | Add +5.7% | 3.52% | +0.46 |
| UPS United Parcel Service Class B | New | 0.44% | +0.44 |
| CG The Carlyle Group Inc. | Add +128.9% | 0.69% | +0.43 |
| AOS Smith (a.o.) Corp. | New | 0.42% | +0.42 |
| AVGO Broadcom Inc. | Add +1.3% | 1.48% | +0.41 |
| JPM JPMorgan Chase & Co. | Add +0.5% | 2.92% | +0.40 |
| KMB Kimberly-Clark Corp. | Add +253.2% | 0.55% | +0.39 |
| UBER Uber Technologies Inc. | New | 0.38% | +0.38 |
| UL Unilever PLC | Add +456.8% | 0.45% | +0.36 |
| NOC Northrop Grumman Corp. | New | 0.35% | +0.35 |
| BF.B Brown-Forman Corp. Class B | New | 0.29% | +0.29 |
| APD Air Products & Chemicals Inc. | New | 0.25% | +0.25 |
| SNOW Snowflake Inc. | New | 0.21% | +0.21 |
| GOOGL Alphabet Inc. Class A | Add +3.0% | 1.23% | +0.20 |
| CDXS Codexis Inc. | Add +21.1% | 0.40% | +0.19 |
| NU Nu Holdings Ltd./Cayman Isl-A | New | 0.19% | +0.19 |
| CL Colgate-Palmolive Co. | Add +45.9% | 0.68% | +0.15 |
| GS Goldman Sachs Group Inc. | Add +5.2% | 0.62% | +0.12 |
| DPZ Domino's Pizza Inc. | Add +38.0% | 0.41% | +0.11 |
| QCOM Qualcomm Inc. | Add +32.0% | 0.61% | +0.11 |
| BMY Bristol-Myers Squibb Co. | New | 0.10% | +0.10 |
| BA The Boeing Co. | Add +35.1% | 0.28% | +0.10 |
| VNDA Vanda Pharmaceuticals Inc. | New | 0.10% | +0.10 |
| HON Honeywell International Inc. | Add +1.3% | 0.84% | +0.09 |
| ET Energy Transfer LP | Add +5.0% | 0.39% | +0.09 |
| PG The Procter & Gamble Co. | Add +8.9% | 1.28% | +0.08 |
| COST Costco Wholesale Corp. | Add +46.3% | 0.23% | +0.08 |
| EMR Emerson Electric Co. | Add +1.8% | 0.53% | +0.08 |
| EW Edwards Lifesciences Corp. | New | 0.07% | +0.07 |
| ASML ASML Holding NV-NY Reg SHS | Add +39.7% | 0.40% | +0.06 |
| QDPL Pacer Met US LRG Cap DVD 400 | Add +2.1% | 1.30% | +0.06 |
| SO The Southern Co. | Add +24.6% | 0.44% | +0.06 |
| COWG Pacer US LRG Cap Cows GR LD | Add +4.7% | 0.36% | +0.06 |
| AZO AutoZone Inc. | Add +10.9% | 0.44% | +0.05 |
| HGER Harbor Commodity All Weather | Add +6.2% | 1.04% | +0.05 |
| PAYX Paychex Inc. | Add +2.9% | 0.63% | +0.05 |
| JNJ Johnson & Johnson | Add +18.0% | 0.81% | +0.05 |
| PHYS Sprott Physical Gold Trust | Add +4.5% | 1.09% | +0.05 |
| PANW Palo Alto Networks Inc. | Add +1.6% | 0.51% | +0.04 |
| GCOW Pacer Global Cash Cows Divid | Add +9.7% | 1.39% | +0.04 |
| WMT Walmart Inc. | Add +0.9% | 0.28% | +0.04 |
| CLOA iShares Aaa Clo Act ETF-Usdi | Add +27.8% | 0.15% | +0.03 |
| COWZ Pacer US Cash Cows 100 ETF | Add +9.0% | 0.43% | +0.03 |
| GOOG Alphabet Inc. Class C | Add +6.5% | 0.17% | +0.03 |
| WRB WR Berkley Corp. | Add +7.2% | 0.27% | +0.03 |
| GSK GSK PLC-Spon ADR | Add +36.6% | 0.23% | +0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 139 | $252.5M | DSTL, JPM, DBMF, AVDV, FDIV |
| Q1 2026 | 211 | $442.3M | DSTL, AAPL, AMZN, JPM, LLY |
| Q4 2025 | 210 | $460.2M | AAPL, DSTL, AMZN, GOOGL, MSFT |
| Q3 2025 | 206 | $436.7M | AAPL, DSTL, MSFT, AMZN, JPM |
| Q2 2025 | 196 | $346.6M | DSTL, MSFT, JPM, AAPL, AMZN |
| Q1 2025 | 197 | $323.6M | DSTL, MSFT, JPM, AAPL, LLY |
| Q4 2024 | 196 | $320.6M | DSTL, MSFT, AAPL, JPM, LLY |
| Q3 2024 | 203 | $325.0M | DSTL, MSFT, AAPL, LLY, JPM |
| Q2 2024 | 199 | $302.3M | MSFT, DSTL, AAPL, LLY, JPM |
| Q1 2024 | 205 | $302.6M | DSTL, MSFT, AAPL, JPM, LLY |