Empire Financial Management Company, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Empire Financial Management Company, LLC reported 206 stock positions worth $436.7 million. Its top holding was Apple (AAPL) at 3.6% of the portfolio, followed by Distillate US Fundamental St (DSTL, 3.3%) and Microsoft (MSFT, 3.2%). Compared with Q2 2025, it opened 17 new positions, sold out of 7, added to 91 and reduced 30. The biggest buy was Alphabet Class A (GOOGL, shares +125%) and the biggest sale Microsoft (MSFT, shares −0%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001971875
Portfolio Value
$436.7M (Q3 2025)
SEC Filing
0001971875-25-000005 ↗ filed Nov 14, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $302.6M Q1 2024 Q2 2024: $302.3M Q2 2024 Q3 2024: $325.0M Q3 2024 Q4 2024: $320.6M Q4 2024 Q1 2025: $323.6M Q1 2025 Q2 2025: $346.6M Q2 2025 Q3 2025: $436.7M $436.7M Q3 2025 Q4 2025: $460.2M Q4 2025 Q1 2026: $442.3M Q1 2026 Q2 2026: $252.5M Q2 2026

Holdings 206 stocks · $436.7M
AAPL Apple Inc. 3.60% 61,701 $15.7M Add +45.3%
DSTL Distillate US Fundamental St 3.31% 249,491 $14.5M Add +1.4%
MSFT Microsoft Corp. 3.23% 27,235 $14.1M Reduce -0.3%
AMZN Amazon.com Inc. 3.15% 62,660 $13.8M Add +65.2%
JPM JPMorgan Chase & Co. 2.89% 39,949 $12.6M Add +0.3%
GOOGL Alphabet Inc. Class A 2.83% 50,860 $12.4M Add +125.0%
RTX RTX Corp. 1.75% 45,633 $7.6M Add +28.8%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.74% 147,423 $7.6M Add +152.4%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.68% 26,036 $7.3M Add +1.1%
LLY Eli Lilly & Co. 1.64% 9,388 $7.2M No change
ABBV Abbvie Inc. 1.51% 28,437 $6.6M Add +2.5%
BA The Boeing Co. 1.38% 27,850 $6.0M Add +56.0%
DBMF Imgp Dbi MFT STR ETF-Usd Inc. 1.31% 209,964 $5.7M Add +2.4%
CEG Constellation Energy 1.29% 17,118 $5.6M No change
PHYS Sprott Physical Gold Trust 1.27% 187,764 $5.6M Add +2.3%
HON Honeywell International Inc. 1.27% 26,299 $5.5M Add +47.0%
GCOW Pacer Global Cash Cows Divid 1.23% 136,115 $5.4M Add +0.8%
ABT Abbott Laboratories 1.23% 40,151 $5.4M Add +1.0%
HD Home Depot Inc. 1.21% 13,055 $5.3M Add +3.9%
QDPL Pacer Met US LRG Cap DVD 400 1.17% 121,499 $5.1M Add +1.7%
FDIV Marketdsk Focused US DVD ETF 1.15% 187,345 $5.0M Add +4.3%
AXP American Express Co. 1.14% 15,034 $5.0M Add +0.1%
AVDV Avantis Intl S/C Value ETF 1.09% 53,651 $4.8M Add +4.3%
CG The Carlyle Group Inc. 1.09% 76,000 $4.8M Add +68.9%
ZG Zillow Group Inc. Class A 1.08% 63,300 $4.7M Add +99.1%
AVGO Broadcom Inc. 1.06% 14,033 $4.6M Reduce -33.3%
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F 1.05% 79,820 $4.6M Add +158.4%
TRV The Travelers Cos Inc. 1.04% 16,215 $4.5M Add +2.1%
DSTX Distillate International Fun 0.94% 135,912 $4.1M Reduce -0.4%
NVDA Nvidia Corp. 0.93% 21,848 $4.1M Add +16.3%
JEPI JPMorgan Equity Premium Inco 0.91% 69,216 $4.0M Add +93.7%
HGER Harbor Commodity All Weather 0.90% 151,788 $3.9M Add +0.4%
ADP Automatic Data Processing 0.88% 13,031 $3.8M No change
VNDA Vanda Pharmaceuticals Inc. 0.87% 758,091 $3.8M Add +288.8%
GS Goldman Sachs Group Inc. 0.86% 4,698 $3.7M Add +1.5%
PFE Pfizer Inc. 0.86% 146,826 $3.7M Add +104.4%
CVX Chevron Corp. 0.85% 23,780 $3.7M Add +1.3%
DUK Duke Energy Corp. 0.84% 29,605 $3.7M Add +1.5%
PG The Procter & Gamble Co. 0.82% 23,374 $3.6M No change
CDXS Codexis Inc. 0.82% 1,463,537 $3.6M Add +396.1%
CB Chubb Ltd. 0.81% 12,591 $3.6M Add +127.2%
PEG Public Service Enterprise GP 0.79% 41,416 $3.5M No change
JHSC John Hancock Multi Small Cap 0.77% 80,655 $3.4M Add +1.7%
ORCL Oracle Corp. 0.74% 11,443 $3.2M Add +0.6%
MPLX MPLX LP 0.72% 63,321 $3.2M Add +74.8%
KRMD Koru Medical Systems Inc. 0.72% 824,528 $3.2M New
MDT Medtronic PLC 0.71% 32,650 $3.1M Add +1.9%
JNJ Johnson & Johnson 0.69% 16,236 $3.0M Add +3.2%
HSY The Hershey Co. 0.68% 15,924 $3.0M Reduce -7.6%
AMGN Amgen Inc. 0.65% 10,089 $2.8M Add +2.4%
NSC Norfolk Southern Corp. 0.65% 9,403 $2.8M Add +2.3%
KMI Kinder Morgan Inc. 0.62% 96,400 $2.7M Add +70.9%
VTI VG Morningstar TS MKT ETF-US 0.62% 8,193 $2.7M Add +0.1%
AMD Advanced Micro Devices 0.61% 16,594 $2.7M New
UNH Unitedhealth Group Inc. 0.59% 7,425 $2.6M Add +64.2%
EXC Exelon Corp. 0.58% 56,701 $2.6M No change
RIGL Rigel Pharmaceuticals Inc. 0.58% 89,511 $2.5M Add +280.9%
QCOM Qualcomm Inc. 0.58% 15,179 $2.5M Add +2.4%
ET Energy Transfer LP 0.57% 144,037 $2.5M Add +126.7%
QTRX Quanterix Corp. 0.56% 452,430 $2.5M Add +264.9%
PANW Palo Alto Networks Inc. 0.53% 11,462 $2.3M Add +3.1%
UBER Uber Technologies Inc. 0.52% 23,338 $2.3M Add +2.9%
AZO AutoZone Inc. 0.52% 528 $2.3M Add +3.5%
J Jacobs Solutions Inc. 0.51% 14,963 $2.2M Add +3.8%
V Visa Inc. Class A 0.49% 6,310 $2.2M No change
LYFT LYFT Inc. Class A 0.49% 96,500 $2.1M Add +543.3%
NVS Novartis AG-Sponsored ADR 0.48% 16,338 $2.1M Add +2.5%
SLV iShares Silver Trust 0.48% 49,439 $2.1M Add +4.4%
BRK.B Berkshire Hathaway Inc. Class B 0.46% 3,967 $2.0M Add +3.1%
MRK Merck & Co. Inc. 0.46% 23,683 $2.0M No change
PAYX Paychex Inc. 0.45% 15,499 $2.0M Add +2.5%
XBI SS SPDR S&P Biotech ETF 0.44% 19,375 $1.9M Add +235.5%
GOAU US GLB GLD & Metal MNRS ETF 0.44% 47,716 $1.9M Reduce -2.5%
KO The Coca-Cola Co. 0.42% 27,785 $1.8M No change
HAL Halliburton Co. 0.42% 74,060 $1.8M New
XOM Exxon Mobil Corp. 0.41% 16,058 $1.8M No change
DPZ Domino's Pizza Inc. 0.41% 4,178 $1.8M Add +7.9%
EMR Emerson Electric Co. 0.41% 13,613 $1.8M Add +1.6%
MKC McCormick & Co.-Non VTG SHRS 0.40% 26,098 $1.7M Add +1.6%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.39% 21,943 $1.7M Add +28.9%
GE General Electric filed as GE AEROSPACE 0.38% 5,552 $1.7M Reduce -1.8%
AOS Smith (a.o.) Corp. 0.37% 22,002 $1.6M Add +1.6%
PEP Pepsico Inc. 0.36% 11,341 $1.6M Add +2.8%
CYRX Cryoport Inc. 0.36% 167,000 $1.6M New
SPY SS SPDR S&P 500 ETF Trust-US 0.36% 2,366 $1.6M Reduce -0.4%
ROP Roper Technologies Inc. 0.35% 3,099 $1.5M New
BINC iShares Flex I A ETF-Usd Inc. 0.33% 27,381 $1.5M Add +1.2%
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.33% 90,037 $1.4M Add +4.4%
CL Colgate-Palmolive Co. 0.33% 18,018 $1.4M No change
TMB Thornburg Multi Sector B ETF 0.33% 55,367 $1.4M Reduce -1.4%
ED Consolidated Edison Inc. 0.33% 14,120 $1.4M No change
TMO Thermo Fisher Scientific Inc. 0.32% 2,920 $1.4M Add +6.9%
JPIN JPM Diversified Ret Intl Eq filed as J P MORGAN EXCHANGE TRADED F 0.32% 20,868 $1.4M Add +0.1%
BIP Brookfield Infrastructure Pa 0.30% 40,389 $1.3M Add +4.9%
JPUS JPMorgan Div Ret US Eq ETF 0.30% 10,636 $1.3M Add +6.1%
NDIA Global X India Active ETF 0.30% 45,895 $1.3M Add +6.0%
COWG Pacer US LRG Cap Cows GR LD 0.30% 36,091 $1.3M Add +9.0%
SO The Southern Co. 0.30% 13,667 $1.3M No change
GD General Dynamics Corp. 0.29% 3,773 $1.3M Add +2.1%
XLK SS Technology Select Sector 0.27% 4,143 $1.2M No change

Show all 206 holdings

Portfolio Sells Q2 2025 → Q3 2025
MSFT Microsoft Corp. Reduce -0.3% 3.23% −0.69
AVGO Broadcom Inc. Reduce -33.3% 1.06% −0.61
KMB Kimberly-Clark Corp. Sold out 0.00% −0.55
ASML ASML Holding NV-NY Reg SHS Sold out 0.00% −0.51
NVO Novo-Nordisk A/S-Spons ADR Sold out 0.00% −0.41
SNOW Snowflake Inc. Sold out 0.00% −0.37
DELL Dell Technologies -C Sold out 0.00% −0.27
DSTX Distillate International Fun Reduce -0.4% 0.94% −0.16
HSY The Hershey Co. Reduce -7.6% 0.68% −0.14
AIG American International Group Reduce -23.6% 0.17% −0.14
AMAT Applied Materials Inc. Sold out 0.00% −0.11
INDA iShares MSCI India ETF Sold out 0.00% −0.09
TMB Thornburg Multi Sector B ETF Reduce -1.4% 0.33% −0.09
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.4% 0.36% −0.06
COWZ Pacer US Cash Cows 100 ETF Reduce -4.4% 0.23% −0.06
VZ Verizon Communications Inc. Reduce -0.6% 0.20% −0.05
CLOA iShares Aaa Clo Act ETF-Usdi Reduce -6.1% 0.12% −0.04
LMT Lockheed Martin Corp. Reduce -2.9% 0.19% −0.04
GE General Electric Reduce -1.8% 0.38% −0.04
IWD iShares Russell 1000 Value E Reduce -1.4% 0.17% −0.04
VRT Vertiv Holdings Co. Class A Reduce -38.5% 0.05% −0.04
XLE SS Energy Select Sector Reduce -5.8% 0.13% −0.04
MS Morgan Stanley Reduce -1.2% 0.25% −0.03
GEV GE Vernova Inc. Reduce -6.5% 0.20% −0.03
IWF iShares Russell 1000 Growth Reduce -6.4% 0.13% −0.03
XLV SS Health Care Select Sector Reduce -5.2% 0.09% −0.02
MTUM iShares MSCI USA Momentum Fa Reduce -4.1% 0.10% −0.02
DGRO iShares Core Dividend Growth Reduce -0.8% 0.10% −0.02
SCHD Schwab US DVD Equity ETF Reduce -2.0% 0.06% −0.02
PSX Phillips 66 Reduce -0.9% 0.13% −0.02
ESG NT Stoxx US ESG ETF Reduce -4.9% 0.06% −0.01
IWV iShares Russell 3000 ETF Reduce -4.2% 0.06% −0.01
ICOW Pacer Developed Markets Inte Reduce -4.3% 0.05% −0.01
ROE Ast US Eq WGT QLTY Kings ETF Reduce -1.9% 0.05% −0.01
CMI Cummins Inc. Reduce -1.0% 0.22% +0.00
GOOG Alphabet Inc. Class C Reduce -0.3% 0.13% +0.01
GOAU US GLB GLD & Metal MNRS ETF Reduce -2.5% 0.44% +0.03

Portfolio Buys Q2 2025 → Q3 2025
GOOGL Alphabet Inc. Class A Add +125.0% 2.83% +1.68
AAPL Apple Inc. Add +45.3% 3.60% +1.08
BAC Bank of America Corp. Add +152.4% 1.74% +0.94
AMZN Amazon.com Inc. Add +65.2% 3.15% +0.75
KRMD Koru Medical Systems Inc. New 0.72% +0.72
AMD Advanced Micro Devices New 0.61% +0.61
CDXS Codexis Inc. Add +396.1% 0.82% +0.61
VNDA Vanda Pharmaceuticals Inc. Add +288.8% 0.87% +0.60
JEPQ JPM Nasdaq Equity Premium Add +158.4% 1.05% +0.57
RIGL Rigel Pharmaceuticals Inc. Add +280.9% 0.58% +0.45
ZG Zillow Group Inc. Class A Add +99.1% 1.08% +0.45
CG The Carlyle Group Inc. Add +68.9% 1.09% +0.42
LYFT LYFT Inc. Class A Add +543.3% 0.49% +0.42
HAL Halliburton Co. New 0.42% +0.42
CYRX Cryoport Inc. New 0.36% +0.36
PFE Pfizer Inc. Add +104.4% 0.86% +0.35
ROP Roper Technologies Inc. New 0.35% +0.35
CB Chubb Ltd. Add +127.2% 0.81% +0.35
QTRX Quanterix Corp. Add +264.9% 0.56% +0.32
JEPI JPMorgan Equity Premium Inco Add +93.7% 0.91% +0.32
XBI SS SPDR S&P Biotech ETF Add +235.5% 0.44% +0.31
BA The Boeing Co. Add +56.0% 1.38% +0.30
RTX RTX Corp. Add +28.8% 1.75% +0.26
ET Energy Transfer LP Add +126.7% 0.57% +0.23
TPL Texas Pacific Land Corp. New 0.23% +0.23
MPLX MPLX LP Add +74.8% 0.72% +0.19
UNH Unitedhealth Group Inc. Add +64.2% 0.59% +0.18
SBRA Sabra Health Care REIT Inc. Add +258.9% 0.24% +0.16
KMI Kinder Morgan Inc. Add +70.9% 0.62% +0.15
IONS Ionis Pharmaceuticals Inc. New 0.12% +0.12
GERN Geron Corp. New 0.12% +0.12
THW Abrdn World Healthcare Fund Add +190.5% 0.18% +0.11
NUVL Nuvalent Inc. Class A New 0.10% +0.10
NTSK Netskope Inc. Class A New 0.09% +0.09
NVDA Nvidia Corp. Add +16.3% 0.93% +0.08
HON Honeywell International Inc. Add +47.0% 1.27% +0.07
HEGD Swan Hedged Equity US LG Cap New 0.06% +0.06
C Citigroup Inc. New 0.05% +0.05
TXUE Thornburg Interntin Eqty ETF New 0.05% +0.05
PSLV Sprott Physical Silver Trust New 0.05% +0.05
JMBS Janus Henderson Mortg Backed New 0.05% +0.05
AVUV Avantis US Small Cap Value New 0.05% +0.05
FIX Comfort Systems USA Inc. New 0.05% +0.05
SLV iShares Silver Trust Add +4.4% 0.48% +0.03
WRB WR Berkley Corp. Add +28.9% 0.39% +0.02
ABBV Abbvie Inc. Add +2.5% 1.51% +0.02
ORCL Oracle Corp. Add +0.6% 0.74% +0.02
BX Blackstone Inc. Add +17.5% 0.26% +0.02
TMO Thermo Fisher Scientific Inc. Add +6.9% 0.32% +0.00
BWXT BWX Technologies Inc. Add +1.5% 0.07% +0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 139$252.5MDSTL, JPM, DBMF, AVDV, FDIV
Q1 2026 211$442.3MDSTL, AAPL, AMZN, JPM, LLY
Q4 2025 210$460.2MAAPL, DSTL, AMZN, GOOGL, MSFT
Q3 2025 206$436.7MAAPL, DSTL, MSFT, AMZN, JPM
Q2 2025 196$346.6MDSTL, MSFT, JPM, AAPL, AMZN
Q1 2025 197$323.6MDSTL, MSFT, JPM, AAPL, LLY
Q4 2024 196$320.6MDSTL, MSFT, AAPL, JPM, LLY
Q3 2024 203$325.0MDSTL, MSFT, AAPL, LLY, JPM
Q2 2024 199$302.3MMSFT, DSTL, AAPL, LLY, JPM
Q1 2024 205$302.6MDSTL, MSFT, AAPL, JPM, LLY