Empire Financial Management Company, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Empire Financial Management Company, LLC reported 197 stock positions worth $323.6 million. Its top holding was Distillate US Fundamental St (DSTL) at 4.2% of the portfolio, followed by Microsoft (MSFT, 3.2%) and JPMorgan Chase (JPM, 3.0%). Compared with Q4 2024, it opened 9 new positions, sold out of 8, added to 72 and reduced 64. The biggest buy was Boeing (BA, shares +260%) and the biggest sale Nextera Energy (NEE, shares −81%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001971875
- Portfolio Value
- $323.6M (Q1 2025)
- SEC Filing
- 0001971875-25-000002 ↗ filed May 14, 2025
Holdings Value
Holdings 197 stocks · $323.6M
| DSTL Distillate US Fundamental St | 4.21% | 251,136 | $13.6M | Add +0.9% |
| MSFT Microsoft Corp. | 3.17% | 27,282 | $10.2M | Reduce -0.1% |
| JPM JPMorgan Chase & Co. | 3.02% | 39,839 | $9.8M | Add +2.1% |
| AAPL Apple Inc. | 2.99% | 43,484 | $9.7M | Reduce -3.4% |
| LLY Eli Lilly & Co. | 2.40% | 9,388 | $7.8M | Reduce -0.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 2.05% | 26,625 | $6.6M | Reduce -2.6% |
| AMZN Amazon.com Inc. | 2.04% | 34,670 | $6.6M | Add +8.5% |
| ABBV Abbvie Inc. | 1.76% | 27,123 | $5.7M | Reduce -3.8% |
| ABT Abbott Laboratories | 1.63% | 39,644 | $5.3M | Add +0.8% |
| DBMF Imgp Dbi MFT STR ETF-Usd Inc. | 1.61% | 205,657 | $5.2M | Reduce -0.2% |
| GCOW Pacer Global Cash Cows Divid | 1.53% | 134,266 | $5.0M | Add +1.6% |
| RTX RTX Corp. | 1.44% | 35,131 | $4.7M | Reduce -2.0% |
| FDIV Marketdsk Focused US DVD ETF | 1.42% | 171,589 | $4.6M | Add +7.3% |
| HD Home Depot Inc. | 1.39% | 12,228 | $4.5M | Add +4.9% |
| QDPL Pacer Met US LRG Cap DVD 400 | 1.33% | 117,701 | $4.3M | Add +8.5% |
| PHYS Sprott Physical Gold Trust | 1.33% | 178,598 | $4.3M | Add +2.6% |
| TRV The Travelers Cos Inc. | 1.27% | 15,591 | $4.1M | Add +3.4% |
| AXP American Express Co. | 1.25% | 15,036 | $4.0M | Reduce -0.1% |
| ADP Automatic Data Processing | 1.23% | 13,031 | $4.0M | No change |
| PG The Procter & Gamble Co. | 1.22% | 23,174 | $3.9M | Reduce -5.1% |
| CVX Chevron Corp. | 1.13% | 21,840 | $3.7M | Add +2.2% |
| HGER Harbor Commodity All Weather | 1.12% | 150,500 | $3.6M | Add +0.2% |
| DSTX Distillate International Fun | 1.11% | 143,044 | $3.6M | Add +2.3% |
| AVGO Broadcom Inc. | 1.11% | 21,389 | $3.6M | Add +4.2% |
| DUK Duke Energy Corp. | 1.07% | 28,454 | $3.5M | Add +6.6% |
| CEG Constellation Energy | 1.07% | 17,121 | $3.5M | Reduce -1.6% |
| PEG Public Service Enterprise GP | 1.05% | 41,416 | $3.4M | No change |
| GOOGL Alphabet Inc. Class A | 1.05% | 21,926 | $3.4M | Add +5.5% |
| JHSC John Hancock Multi Small Cap | 1.04% | 90,644 | $3.4M | Reduce -0.9% |
| HON Honeywell International Inc. | 1.00% | 15,248 | $3.2M | Add +27.8% |
| AVDV Avantis Intl S/C Value ETF | 0.99% | 45,804 | $3.2M | Add +7.2% |
| BA The Boeing Co. | 0.95% | 18,000 | $3.1M | Add +260.0% |
| AMGN Amgen Inc. | 0.93% | 9,652 | $3.0M | Add +3.7% |
| JNJ Johnson & Johnson | 0.81% | 15,882 | $2.6M | Reduce -11.2% |
| EXC Exelon Corp. | 0.81% | 56,711 | $2.6M | No change |
| HSY The Hershey Co. | 0.79% | 15,031 | $2.6M | Add +10.8% |
| MDT Medtronic PLC | 0.79% | 28,440 | $2.6M | Add +1.9% |
| TXN Texas Instruments Inc. | 0.77% | 13,797 | $2.5M | Add +8.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.75% | 58,416 | $2.4M | No change |
| GS Goldman Sachs Group Inc. | 0.74% | 4,382 | $2.4M | Add +27.2% |
| UNH Unitedhealth Group Inc. | 0.74% | 4,542 | $2.4M | Add +9.4% |
| PAYX Paychex Inc. | 0.72% | 15,064 | $2.3M | Add +3.8% |
| V Visa Inc. Class A | 0.68% | 6,310 | $2.2M | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.68% | 7,957 | $2.2M | Reduce -6.5% |
| NSC Norfolk Southern Corp. | 0.67% | 9,088 | $2.2M | Add +3.5% |
| XOM Exxon Mobil Corp. | 0.66% | 18,058 | $2.1M | Reduce -0.2% |
| ZG Zillow Group Inc. Class A | 0.66% | 31,800 | $2.1M | Add +27.2% |
| MRK Merck & Co. Inc. | 0.66% | 23,683 | $2.1M | Reduce -1.0% |
| KMB Kimberly-Clark Corp. | 0.64% | 14,525 | $2.1M | Add +7.4% |
| IWM iShares Russell 2000 ETF | 0.63% | 10,264 | $2.0M | Reduce -32.6% |
| JEPI JPMorgan Equity Premium Inco | 0.63% | 35,732 | $2.0M | Add +1.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.63% | 3,833 | $2.0M | Add +4.7% |
| QCOM Qualcomm Inc. | 0.62% | 13,081 | $2.0M | Add +2.7% |
| KO The Coca-Cola Co. | 0.62% | 27,930 | $2.0M | Reduce -0.3% |
| MPLX MPLX LP | 0.60% | 36,225 | $1.9M | No change |
| NVDA Nvidia Corp. | 0.60% | 17,872 | $1.9M | Reduce -0.5% |
| CG The Carlyle Group Inc. | 0.59% | 43,500 | $1.9M | No change |
| AZO AutoZone Inc. | 0.57% | 480 | $1.8M | Add +9.6% |
| PFE Pfizer Inc. | 0.56% | 71,862 | $1.8M | Reduce -0.5% |
| APD Air Products & Chemicals Inc. | 0.56% | 6,166 | $1.8M | Add +122.6% |
| PANW Palo Alto Networks Inc. | 0.54% | 10,322 | $1.8M | Add +15.7% |
| NVS Novartis AG-Sponsored ADR | 0.54% | 15,695 | $1.7M | Add +2.8% |
| CL Colgate-Palmolive Co. | 0.53% | 18,336 | $1.7M | Reduce -23.1% |
| PEP Pepsico Inc. | 0.52% | 11,184 | $1.7M | Reduce -0.6% |
| CB Chubb Ltd. | 0.52% | 5,543 | $1.7M | Reduce -40.0% |
| DPZ Domino's Pizza Inc. | 0.52% | 3,636 | $1.7M | Add +15.0% |
| KMI Kinder Morgan Inc. | 0.50% | 56,400 | $1.6M | Reduce -29.9% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.49% | 30,885 | $1.6M | Add +4.0% |
| UBER Uber Technologies Inc. | 0.49% | 21,895 | $1.6M | Add +7.8% |
| ED Consolidated Edison Inc. | 0.47% | 13,720 | $1.5M | No change |
| ORCL Oracle Corp. | 0.47% | 10,849 | $1.5M | Add +64.2% |
| EMR Emerson Electric Co. | 0.47% | 13,729 | $1.5M | Add +0.2% |
| BINC iShares Flex I A ETF-Usd Inc. | 0.45% | 27,752 | $1.5M | Add +2.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.44% | 2,571 | $1.4M | Reduce -6.8% |
| AOS Smith (a.o.) Corp. | 0.43% | 21,521 | $1.4M | Add +8.3% |
| ASML ASML Holding NV-NY Reg SHS | 0.43% | 2,092 | $1.4M | Add +13.3% |
| COWZ Pacer US Cash Cows 100 ETF | 0.41% | 24,372 | $1.3M | Reduce -0.8% |
| GOAU US GLB GLD & Metal MNRS ETF | 0.39% | 50,319 | $1.3M | Reduce -1.3% |
| JPUS JPMorgan Div Ret US Eq ETF | 0.39% | 10,913 | $1.3M | Reduce -4.0% |
| SO The Southern Co. | 0.39% | 13,667 | $1.3M | Reduce -19.8% |
| MA Mastercard Inc. Class A | 0.38% | 2,235 | $1.2M | Add +8.9% |
| JPIN JPM Diversified Ret Intl Eq filed as J P MORGAN EXCHANGE TRADED F | 0.38% | 21,249 | $1.2M | Reduce -3.7% |
| ET Energy Transfer LP | 0.37% | 65,025 | $1.2M | Add +2.4% |
| TMO Thermo Fisher Scientific Inc. | 0.36% | 2,348 | $1.2M | Add +10.2% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.35% | 16,087 | $1.1M | Add +9.0% |
| GE General Electric filed as GE AEROSPACE | 0.35% | 5,652 | $1.1M | Reduce -8.1% |
| BIP Brookfield Infrastructure Pa | 0.35% | 37,750 | $1.1M | Add +3.1% |
| AIG American International Group | 0.34% | 12,711 | $1.1M | No change |
| T AT&T Inc. | 0.34% | 38,846 | $1.1M | Reduce -3.6% |
| COWG Pacer US LRG Cap Cows GR LD | 0.34% | 35,490 | $1.1M | Reduce -2.1% |
| PFFA Virtus Infracap US Pref STCK | 0.33% | 50,727 | $1.1M | Add +2.6% |
| GD General Dynamics Corp. | 0.30% | 3,596 | $980K | Reduce -3.2% |
| NOBL Proshares S&P 500 Dividend A | 0.29% | 9,337 | $954K | No change |
| MCD McDonald's Corp. | 0.29% | 3,037 | $949K | Add +3.8% |
| VZ Verizon Communications Inc. | 0.29% | 20,391 | $925K | No change |
| MLM Martin Marietta Materials | 0.28% | 1,887 | $902K | No change |
| NDIA Global X India Active ETF | 0.28% | 31,987 | $899K | Add +298.5% |
| COP Conocophillips | 0.27% | 8,423 | $885K | No change |
| AZN Astrazeneca PLC-Spons ADR | 0.27% | 12,000 | $882K | Reduce -2.6% |
| CME Cme Group Inc. | 0.27% | 3,309 | $878K | New |
Portfolio Sells Q4 2024 → Q1 2025
| NEE Nextera Energy Inc. | Reduce -80.8% | 0.15% | −0.64 |
| AAPL Apple Inc. | Reduce -3.4% | 2.99% | −0.53 |
| UPS United Parcel Service Class B | Sold out | 0.00% | −0.44 |
| MSFT Microsoft Corp. | Reduce -0.1% | 3.17% | −0.43 |
| IWM iShares Russell 2000 ETF | Reduce -32.6% | 0.63% | −0.42 |
| BF.B Brown-Forman Corp. Class B | Sold out | 0.00% | −0.29 |
| CB Chubb Ltd. | Reduce -40.0% | 0.52% | −0.28 |
| EOG EOG Resources Inc. | Reduce -67.4% | 0.13% | −0.25 |
| NOC Northrop Grumman Corp. | Reduce -57.8% | 0.16% | −0.19 |
| KMI Kinder Morgan Inc. | Reduce -29.9% | 0.50% | −0.19 |
| FNF Fidelity National Financial | Sold out | 0.00% | −0.18 |
| UL Unilever PLC | Reduce -42.5% | 0.27% | −0.18 |
| NVDA Nvidia Corp. | Reduce -0.5% | 0.60% | −0.15 |
| CEG Constellation Energy | Reduce -1.6% | 1.07% | −0.15 |
| CL Colgate-Palmolive Co. | Reduce -23.1% | 0.53% | −0.14 |
| AXP American Express Co. | Reduce -0.1% | 1.25% | −0.14 |
| CROX Crocs Inc. | Reduce -49.7% | 0.12% | −0.13 |
| ALL Allstate Corp. | Sold out | 0.00% | −0.13 |
| DELL Dell Technologies -C | Reduce -16.7% | 0.21% | −0.11 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -6.5% | 0.68% | −0.09 |
| JHSC John Hancock Multi Small Cap | Reduce -0.9% | 1.04% | −0.09 |
| IQDE Flexshares-Int Qual DVD Defe | Sold out | 0.00% | −0.09 |
| MRK Merck & Co. Inc. | Reduce -1.0% | 0.66% | −0.09 |
| BCRX Biocryst Pharmaceuticals Inc. | Sold out | 0.00% | −0.08 |
| DBMF Imgp Dbi MFT STR ETF-Usd Inc. | Reduce -0.2% | 1.61% | −0.08 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −0.07 |
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −0.07 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -6.8% | 0.44% | −0.06 |
| GSK GSK PLC-Spon ADR | Reduce -34.9% | 0.17% | −0.06 |
| PG The Procter & Gamble Co. | Reduce -5.1% | 1.22% | −0.06 |
| GOOG Alphabet Inc. Class C | Reduce -14.2% | 0.12% | −0.05 |
| SO The Southern Co. | Reduce -19.8% | 0.39% | −0.05 |
| XBI SS SPDR S&P Biotech ETF | Reduce -12.6% | 0.16% | −0.04 |
| XLK SS Technology Select Sector | Reduce -1.5% | 0.26% | −0.04 |
| IWF iShares Russell 1000 Growth | Reduce -9.4% | 0.17% | −0.04 |
| PFE Pfizer Inc. | Reduce -0.5% | 0.56% | −0.03 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -5.4% | 0.15% | −0.03 |
| CMI Cummins Inc. | Reduce -0.3% | 0.21% | −0.03 |
| COWG Pacer US LRG Cap Cows GR LD | Reduce -2.1% | 0.34% | −0.02 |
| CSX CSX Corp. | Reduce -1.2% | 0.18% | −0.02 |
| COWZ Pacer US Cash Cows 100 ETF | Reduce -0.8% | 0.41% | −0.02 |
| JBL Jabil Inc. | Reduce -12.5% | 0.09% | −0.02 |
| GIS General Mills Inc. | Reduce -0.9% | 0.19% | −0.02 |
| JPUS JPMorgan Div Ret US Eq ETF | Reduce -4.0% | 0.39% | −0.02 |
| PEP Pepsico Inc. | Reduce -0.6% | 0.52% | −0.02 |
| GSLC Goldman Activebeta US LC ETF | Reduce -2.0% | 0.18% | −0.01 |
| WMT Walmart Inc. | Reduce -0.9% | 0.27% | −0.01 |
| ESG NT Stoxx US ESG ETF | Reduce -12.1% | 0.07% | −0.01 |
| MTUM iShares MSCI USA Momentum Fa | Reduce -4.6% | 0.13% | −0.01 |
| META Meta Platforms Inc. Class A | Reduce -1.4% | 0.18% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| BA The Boeing Co. | Add +260.0% | 0.95% | +0.67 |
| APD Air Products & Chemicals Inc. | Add +122.6% | 0.56% | +0.31 |
| CME Cme Group Inc. | New | 0.27% | +0.27 |
| ABT Abbott Laboratories | Add +0.8% | 1.63% | +0.24 |
| PHYS Sprott Physical Gold Trust | Add +2.6% | 1.33% | +0.23 |
| NDIA Global X India Active ETF | Add +298.5% | 0.28% | +0.21 |
| DUK Duke Energy Corp. | Add +6.6% | 1.07% | +0.18 |
| AMGN Amgen Inc. | Add +3.7% | 0.93% | +0.17 |
| BUG Global X Cybersecurity ETF | New | 0.17% | +0.17 |
| CVX Chevron Corp. | Add +2.2% | 1.13% | +0.16 |
| HON Honeywell International Inc. | Add +27.8% | 1.00% | +0.16 |
| GCOW Pacer Global Cash Cows Divid | Add +1.6% | 1.53% | +0.14 |
| TRV The Travelers Cos Inc. | Add +3.4% | 1.27% | +0.14 |
| AZO AutoZone Inc. | Add +9.6% | 0.57% | +0.13 |
| ORCL Oracle Corp. | Add +64.2% | 0.47% | +0.13 |
| GS Goldman Sachs Group Inc. | Add +27.2% | 0.74% | +0.12 |
| AVDV Avantis Intl S/C Value ETF | Add +7.2% | 0.99% | +0.12 |
| VNDA Vanda Pharmaceuticals Inc. | Add +134.4% | 0.21% | +0.12 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +4.7% | 0.63% | +0.11 |
| UBER Uber Technologies Inc. | Add +7.8% | 0.49% | +0.11 |
| LYFT LYFT Inc. Class A | New | 0.11% | +0.11 |
| ZG Zillow Group Inc. Class A | Add +27.2% | 0.66% | +0.10 |
| DSTX Distillate International Fun | Add +2.3% | 1.11% | +0.10 |
| JPM JPMorgan Chase & Co. | Add +2.1% | 3.02% | +0.10 |
| DPZ Domino's Pizza Inc. | Add +15.0% | 0.52% | +0.10 |
| MOOD Relative Sentiment Tact Allo | New | 0.10% | +0.10 |
| MDT Medtronic PLC | Add +1.9% | 0.79% | +0.09 |
| IQDF NT Intl Qual Div ETF | New | 0.09% | +0.09 |
| KMB Kimberly-Clark Corp. | Add +7.4% | 0.64% | +0.09 |
| WRB WR Berkley Corp. | Add +9.0% | 0.35% | +0.08 |
| PAYX Paychex Inc. | Add +3.8% | 0.72% | +0.08 |
| HGER Harbor Commodity All Weather | Add +0.2% | 1.12% | +0.08 |
| UNH Unitedhealth Group Inc. | Add +9.4% | 0.74% | +0.08 |
| HSY The Hershey Co. | Add +10.8% | 0.79% | +0.08 |
| NVS Novartis AG-Sponsored ADR | Add +2.8% | 0.54% | +0.08 |
| OXY Occidental Petroleum Corp. | Add +78.3% | 0.17% | +0.08 |
| FDIV Marketdsk Focused US DVD ETF | Add +7.3% | 1.42% | +0.07 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +39.5% | 0.26% | +0.07 |
| RIGL Rigel Pharmaceuticals Inc. | Add +95.8% | 0.13% | +0.07 |
| PNW Pinnacle West Capital | New | 0.06% | +0.06 |
| BAX Baxter International Inc. | New | 0.06% | +0.06 |
| EBAY eBay Inc. | New | 0.06% | +0.06 |
| REGL Prshrs S&P Mid 400 DVD Arist | New | 0.06% | +0.06 |
| MA Mastercard Inc. Class A | Add +8.9% | 0.38% | +0.04 |
| PSX Phillips 66 | Add +22.3% | 0.17% | +0.04 |
| PANW Palo Alto Networks Inc. | Add +15.7% | 0.54% | +0.04 |
| ASML ASML Holding NV-NY Reg SHS | Add +13.3% | 0.43% | +0.03 |
| QDPL Pacer Met US LRG Cap DVD 400 | Add +8.5% | 1.33% | +0.03 |
| MCD McDonald's Corp. | Add +3.8% | 0.29% | +0.03 |
| NSC Norfolk Southern Corp. | Add +3.5% | 0.67% | +0.02 |
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 |