Empirical Asset Management, LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 10, 2026), Empirical Asset Management, LLC reported 448 stock positions worth $444.0 million. Its top holding was Apple (AAPL) at 4.7% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 2.6%) and Nvidia (NVDA, 2.2%). Compared with Q1 2026, it opened 114 new positions, sold out of 61, added to 160 and reduced 157. The biggest buy was Micron Technology (MU, shares +60%) and the biggest sale Uscf Summerhaven Dynamic ETF (SDCI, shares −42%).
- Most Recent 13F
- Q2 2026
- Location
- WELLESLEY, MA
- CIK
- 0001926596
- Portfolio Value
- $444.0M (Q2 2026)
- SEC Filing
- 0001951757-26-001200 ↗ filed Aug 10, 2026
Holdings Value
Holdings 448 stocks · $444.0M
| AAPL Apple Inc. | 4.67% | 71,730 | $20.8M | Reduce -6.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.63% | 15,611 | $11.7M | Reduce -18.4% |
| NVDA Nvidia Corp. | 2.23% | 49,426 | $9.9M | Add +27.0% |
| SGOL Abrdn Physical Gold Shares | 1.99% | 231,691 | $8.9M | Add +9.5% |
| IYW iShares Ustechnology ETF | 1.84% | 32,446 | $8.2M | Reduce -8.3% |
| MU Micron Technology Inc. | 1.58% | 6,072 | $7.0M | Add +59.8% |
| LLY Eli Lilly & Co. | 1.26% | 4,661 | $5.6M | Add +36.7% |
| SDCI Uscf Summerhaven Dynamic ETF | 1.23% | 206,224 | $5.5M | Reduce -42.1% |
| GOOGL Alphabet Inc. Class A | 1.19% | 14,815 | $5.3M | Add +38.9% |
| AMZN Amazon.com Inc. | 1.01% | 18,878 | $4.5M | Reduce -1.3% |
| MSFT Microsoft Corp. | 1.00% | 11,857 | $4.4M | Reduce -14.4% |
| JPM JPMorgan Chase & Co. | 0.97% | 13,153 | $4.3M | Reduce -3.9% |
| RSPT Invesco S&P 500 Equal Weight | 0.91% | 62,304 | $4.0M | Reduce -9.2% |
| HD Home Depot Inc. | 0.90% | 11,293 | $4.0M | Reduce -3.3% |
| ILS Brookmont Catastrophic Bond | 0.90% | 202,430 | $4.0M | Add +31.0% |
| CSCO Cisco Systems Inc. | 0.89% | 33,743 | $4.0M | Add +64.6% |
| GOOG Alphabet Inc. Class C | 0.88% | 11,031 | $3.9M | Add +9.8% |
| SLV iShares Silver Trust | 0.81% | 67,443 | $3.6M | Reduce -31.0% |
| META Meta Platforms Inc. Class A | 0.76% | 6,013 | $3.4M | Reduce -34.9% |
| GLD SPDR Gold Shares | 0.69% | 8,318 | $3.1M | Reduce -9.9% |
| ARM Arm Holdings PLC-ADR | 0.67% | 8,380 | $3.0M | Reduce -7.9% |
| XLRE SS Real Estate Select Sector | 0.66% | 66,438 | $2.9M | Add +15.6% |
| IVV iShares Core S&P 500 ETF | 0.65% | 3,832 | $2.9M | Reduce -10.9% |
| SETM Sprott Critical Material ETF | 0.64% | 91,514 | $2.9M | New |
| DELL Dell Technologies -C | 0.64% | 6,596 | $2.8M | Reduce -8.2% |
| IWF iShares Russell 1000 Growth | 0.64% | 22,914 | $2.8M | Add +3.4% |
| IWM iShares Russell 2000 ETF | 0.63% | 9,292 | $2.8M | Add +1.2% |
| QQQ Invesco QQQ Trust Series 1 | 0.62% | 3,740 | $2.8M | Add +33.9% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.62% | 31,231 | $2.7M | Add +52.7% |
| CECO Ceco Environmental Corp. | 0.61% | 30,025 | $2.7M | No change |
| QCOM Qualcomm Inc. | 0.61% | 14,688 | $2.7M | Reduce -8.3% |
| IGOV iShares International Treasu | 0.60% | 65,230 | $2.7M | Add +10.9% |
| IBB iShares Biotechnology ETF | 0.60% | 13,997 | $2.7M | No change |
| AMD Advanced Micro Devices | 0.59% | 4,493 | $2.6M | Reduce -1.8% |
| KLAC KLA Corp. | 0.58% | 8,586 | $2.6M | Reduce -20.9% |
| PWB Invesco Large Cap Growth ETF | 0.58% | 15,282 | $2.6M | Add +3.4% |
| LRCX Lam Research Corp. | 0.56% | 5,743 | $2.5M | Add +138.7% |
| FTC First Trust Large Cap Growth | 0.55% | 12,603 | $2.4M | Add +4.6% |
| SCHR Schwab Intermediate-Term US | 0.55% | 98,159 | $2.4M | Add +12.2% |
| CTA Simplify Managed Futures St | 0.54% | 92,415 | $2.4M | Add +16.0% |
| AMAT Applied Materials Inc. | 0.54% | 3,285 | $2.4M | Add +64.0% |
| AVGO Broadcom Inc. | 0.53% | 6,248 | $2.4M | Add +142.6% |
| PSLV Sprott Physical Silver Trust | 0.52% | 122,100 | $2.3M | New |
| COWG Pacer US LRG Cap Cows GR LD | 0.51% | 56,187 | $2.3M | Add +9.1% |
| IYH iShares U.S. Healthcare ETF | 0.51% | 33,476 | $2.2M | Reduce -5.6% |
| JNJ Johnson & Johnson | 0.49% | 8,572 | $2.2M | Add +59.2% |
| SMLF iShares US Smallcap Equity F | 0.48% | 24,056 | $2.1M | Add +2.3% |
| WMT Walmart Inc. | 0.48% | 18,924 | $2.1M | Reduce -11.0% |
| FNY First Trust Mid Cap Growth | 0.47% | 18,745 | $2.1M | Add +4.4% |
| PG The Procter & Gamble Co. | 0.46% | 13,999 | $2.1M | Reduce -0.4% |
| REMX Vaneck Rar Earth ND STG-Usdi | 0.46% | 22,981 | $2.0M | New |
| AGG iShares Core U.S. Aggregate | 0.46% | 20,544 | $2.0M | Reduce -15.1% |
| FYC First Trust Small Cap Growth | 0.45% | 15,714 | $2.0M | Add +2.9% |
| MRK Merck & Co. Inc. | 0.45% | 15,535 | $2.0M | Reduce -6.0% |
| CZA Invesco Zacks Mid-Cap ETF | 0.44% | 16,047 | $2.0M | Add +5.2% |
| CVX Chevron Corp. | 0.44% | 11,765 | $2.0M | Reduce -0.8% |
| JPME JPM Diver Ret US MC Equity filed as J P MORGAN EXCHANGE TRADED F | 0.44% | 15,560 | $1.9M | Add +4.5% |
| SHY iShares 1-3 Year Treasury Bo | 0.43% | 23,385 | $1.9M | Add +9.4% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.43% | 5,578 | $1.9M | Reduce -52.9% |
| IEFA iShares Core MSCI Eafe ETF | 0.43% | 19,700 | $1.9M | Add +0.8% |
| RWL Invesco S&P 500 Revenue ETF | 0.42% | 14,770 | $1.9M | Add +1.1% |
| OMFS Invesco RSL 2000 DYN Mltfctr | 0.42% | 35,343 | $1.9M | Add +3.8% |
| IVE iShares S&P 500 Value ETF | 0.42% | 8,287 | $1.9M | Reduce -6.1% |
| CAT Caterpillar Inc. | 0.42% | 1,751 | $1.9M | Add +12.5% |
| MCD McDonald's Corp. | 0.42% | 6,849 | $1.9M | Reduce -4.8% |
| SUN Sunoco LP | 0.41% | 27,084 | $1.8M | Reduce -3.3% |
| PANW Palo Alto Networks Inc. | 0.41% | 5,304 | $1.8M | Reduce -5.4% |
| DBAW Xtrackers MSCI All World Ex | 0.40% | 36,271 | $1.8M | Add +5.6% |
| TLT iShares 20+ Year Treasury BD | 0.40% | 20,318 | $1.8M | Add +16.7% |
| GILD Gilead Sciences Inc. | 0.39% | 13,735 | $1.7M | Add +22.8% |
| FDT First Trust Develp MKT Ex-US | 0.39% | 18,226 | $1.7M | Add +5.1% |
| NJR New Jersey Resources Corp. | 0.39% | 30,647 | $1.7M | Add +0.4% |
| GEV GE Vernova Inc. | 0.38% | 1,449 | $1.7M | Add +5.2% |
| UIVM Victoryshares International | 0.38% | 23,421 | $1.7M | Add +6.9% |
| IGM iShares Expanded Tech Sector | 0.38% | 10,289 | $1.7M | Add +4.2% |
| XOM Exxon Mobil Corp. | 0.38% | 12,263 | $1.7M | Reduce -35.3% |
| QAI Nylim HDG MLT-STR TRC ETF-Ui filed as NEW YORK LIFE INVESTMENTS ET | 0.38% | 45,661 | $1.7M | Add +6.7% |
| RODM Hartford Multifact Dev MRKT | 0.37% | 41,112 | $1.7M | Add +6.9% |
| IWR iShares Russell Mid-Cap ETF | 0.37% | 14,917 | $1.6M | Add +0.5% |
| CLSE Convergence Long/Short Eqy | 0.36% | 47,217 | $1.6M | Add +6.1% |
| ANET Arista Networks Inc. | 0.36% | 9,372 | $1.6M | Reduce -29.0% |
| AGOX Adaptive Alpha Opportunities | 0.35% | 45,419 | $1.6M | Add +0.8% |
| GE General Electric filed as GE AEROSPACE | 0.35% | 4,191 | $1.6M | Add +4.1% |
| DBEM Xtrackers MSCI Emerging Mark | 0.35% | 37,609 | $1.5M | Add +2.8% |
| TSLA Tesla Inc. | 0.34% | 3,564 | $1.5M | Reduce -7.3% |
| GS Goldman Sachs Group Inc. | 0.33% | 1,470 | $1.5M | Reduce -25.3% |
| IGV iShares Expanded Tech-Softwa | 0.33% | 15,950 | $1.4M | Reduce -1.6% |
| IYJ iShares U.S. Industrials ETF | 0.32% | 8,653 | $1.4M | Reduce -0.8% |
| UNH Unitedhealth Group Inc. | 0.32% | 3,408 | $1.4M | Add +39.1% |
| EMGF iShares Emerging Markets Equ | 0.32% | 19,261 | $1.4M | Add +2.8% |
| ABBV Abbvie Inc. | 0.32% | 5,575 | $1.4M | Add +63.0% |
| SCHZ Schwab US Aggregate Bond ETF | 0.31% | 60,286 | $1.4M | Add +6.0% |
| IJH iShares Core S&P Midcap ETF | 0.31% | 17,915 | $1.4M | Add +0.2% |
| V Visa Inc. Class A | 0.30% | 3,893 | $1.3M | Reduce -11.1% |
| WDC Western Digital Corp. | 0.29% | 2,035 | $1.3M | Add +95.5% |
| IVW iShares S&P 500 Growth ETF | 0.29% | 9,337 | $1.3M | Reduce -2.3% |
| GOVT iShares US Treasury Bond ETF | 0.29% | 56,188 | $1.3M | Add +41.2% |
| GEM Goldman Sachs Activebeta Em | 0.28% | 23,830 | $1.2M | Add +4.2% |
| STX Seagate Technology Holdings | 0.28% | 1,277 | $1.2M | Add +69.4% |
| XLK SS Technology Select Sector | 0.26% | 6,135 | $1.2M | Reduce -0.9% |
Portfolio Sells Q1 2026 → Q2 2026
| SDCI Uscf Summerhaven Dynamic ETF | Reduce -42.1% | 1.23% | −1.34 |
| SLV iShares Silver Trust | Reduce -31.0% | 0.81% | −0.95 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -18.4% | 2.63% | −0.67 |
| META Meta Platforms Inc. Class A | Reduce -34.9% | 0.76% | −0.64 |
| XOM Exxon Mobil Corp. | Reduce -35.3% | 0.38% | −0.47 |
| AAPL Apple Inc. | Reduce -6.3% | 4.67% | −0.46 |
| GLD SPDR Gold Shares | Reduce -9.9% | 0.69% | −0.36 |
| MSFT Microsoft Corp. | Reduce -14.4% | 1.00% | −0.36 |
| ORCL Oracle Corp. | Reduce -62.2% | 0.15% | −0.31 |
| SCHW Schwab (charles) Corp. | Sold out | 0.00% | −0.30 |
| INTU Intuit Inc. | Reduce -52.7% | 0.10% | −0.30 |
| ISRG Intuitive Surgical Inc. | Reduce -61.1% | 0.11% | −0.28 |
| TPL Texas Pacific Land Corp. | Reduce -35.9% | 0.25% | −0.25 |
| BSX Boston Scientific Corp. | Reduce -58.8% | 0.08% | −0.25 |
| WMT Walmart Inc. | Reduce -11.0% | 0.48% | −0.22 |
| CVX Chevron Corp. | Reduce -0.8% | 0.44% | −0.21 |
| PLTR Palantir Technologies Inc. Class A | Reduce -30.2% | 0.17% | −0.19 |
| COP Conocophillips | Sold out | 0.00% | −0.18 |
| INCY Incyte Corp. | Sold out | 0.00% | −0.18 |
| MCK McKesson Corp. | Reduce -35.2% | 0.17% | −0.18 |
| WRB WR Berkley Corp. | Sold out | 0.00% | −0.18 |
| ATO Atmos Energy Corp. | Reduce -43.3% | 0.14% | −0.18 |
| MCD McDonald's Corp. | Reduce -4.8% | 0.42% | −0.17 |
| TT Trane Technologies PLC | Sold out | 0.00% | −0.17 |
| NEM Newmont Corp. | Reduce -63.0% | 0.06% | −0.17 |
| YUM Yum! Brands Inc. | Sold out | 0.00% | −0.16 |
| NFLX Netflix Inc. | Sold out | 0.00% | −0.16 |
| TROW T Rowe Price Group Inc. | Sold out | 0.00% | −0.15 |
| CBOE Cboe Global Markets Inc. | Reduce -57.1% | 0.07% | −0.15 |
| ADBE Adobe Inc. | Reduce -59.9% | 0.06% | −0.15 |
| MPWR Monolithic Power Systems Inc. | Reduce -55.2% | 0.14% | −0.15 |
| PODD Insulet Corp. | Reduce -41.3% | 0.08% | −0.15 |
| ACGL Arch Capital Group Ltd. | Sold out | 0.00% | −0.13 |
| UBER Uber Technologies Inc. | Reduce -39.2% | 0.13% | −0.12 |
| SPGI S&P Global Inc. | Sold out | 0.00% | −0.12 |
| CRM Salesforce Inc. | Reduce -54.5% | 0.06% | −0.12 |
| HD Home Depot Inc. | Reduce -3.3% | 0.90% | −0.12 |
| FOXA Fox Corp. Class A | Reduce -55.5% | 0.06% | −0.11 |
| TTD Trade Desk Inc./the Class A | Reduce -33.4% | 0.09% | −0.11 |
| CDNS Cadence Design SYS Inc. | Sold out | 0.00% | −0.11 |
| GS Goldman Sachs Group Inc. | Reduce -25.3% | 0.33% | −0.10 |
| NUGT Dirxn DLY GM Indx B2X ETF-Ui | Sold out | 0.00% | −0.10 |
| PWR Quanta Services Inc. | Reduce -68.2% | 0.05% | −0.10 |
| WMB Williams Cos Inc. | Sold out | 0.00% | −0.10 |
| SHLD Global X Defense Tech ETF | Sold out | 0.00% | −0.10 |
| IVV iShares Core S&P 500 ETF | Reduce -10.9% | 0.65% | −0.10 |
| JPM JPMorgan Chase & Co. | Reduce -3.9% | 0.97% | −0.10 |
| FUTY Fidelity MSCI US Utilities | Sold out | 0.00% | −0.09 |
| EFV iShares MSCI Eafe Value ETF | Sold out | 0.00% | −0.09 |
| OR Or Royalties Inc. | Sold out | 0.00% | −0.09 |
Portfolio Buys Q1 2026 → Q2 2026
| MU Micron Technology Inc. | Add +59.8% | 1.58% | +1.24 |
| SETM Sprott Critical Material ETF | New | 0.64% | +0.64 |
| PSLV Sprott Physical Silver Trust | New | 0.52% | +0.52 |
| CSCO Cisco Systems Inc. | Add +64.6% | 0.89% | +0.47 |
| REMX Vaneck Rar Earth ND STG-Usdi | New | 0.46% | +0.46 |
| NVDA Nvidia Corp. | Add +27.0% | 2.23% | +0.43 |
| LLY Eli Lilly & Co. | Add +36.7% | 1.26% | +0.43 |
| LRCX Lam Research Corp. | Add +138.7% | 0.56% | +0.42 |
| GOOGL Alphabet Inc. Class A | Add +38.9% | 1.19% | +0.38 |
| AMAT Applied Materials Inc. | Add +64.0% | 0.54% | +0.35 |
| AVGO Broadcom Inc. | Add +142.6% | 0.53% | +0.32 |
| TRGP Targa Resources Corp. | New | 0.23% | +0.23 |
| WDC Western Digital Corp. | Add +95.5% | 0.29% | +0.22 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +52.7% | 0.62% | +0.21 |
| STX Seagate Technology Holdings | Add +69.4% | 0.28% | +0.20 |
| QQQ Invesco QQQ Trust Series 1 | Add +33.9% | 0.62% | +0.19 |
| C Citigroup Inc. | Add +288.9% | 0.25% | +0.19 |
| JBL Jabil Inc. | New | 0.18% | +0.18 |
| CMI Cummins Inc. | New | 0.18% | +0.18 |
| ROK Rockwell Automation Inc. | New | 0.17% | +0.17 |
| INTC Intel Corp. | New | 0.15% | +0.15 |
| MRVL Marvell Technology Inc. | New | 0.14% | +0.14 |
| UNH Unitedhealth Group Inc. | Add +39.1% | 0.32% | +0.14 |
| JNJ Johnson & Johnson | Add +59.2% | 0.49% | +0.14 |
| BE Bloom Energy Corp. Class A | New | 0.14% | +0.14 |
| JBHT Hunt (jb) Transprt SVCS Inc. | New | 0.14% | +0.14 |
| TGT Target Corp. | New | 0.14% | +0.14 |
| ETR Entergy Corp. | New | 0.13% | +0.13 |
| KEYS Keysight Technologies Inc. | New | 0.13% | +0.13 |
| VTRS Viatris Inc. | New | 0.13% | +0.13 |
| CAT Caterpillar Inc. | Add +12.5% | 0.42% | +0.13 |
| CVS CVS Health Corp. | New | 0.13% | +0.13 |
| FTV Fortive Corp. | New | 0.13% | +0.13 |
| HAL Halliburton Co. | New | 0.12% | +0.12 |
| ELV Elevance Health Inc. | New | 0.12% | +0.12 |
| TPR Tapestry Inc. | New | 0.12% | +0.12 |
| ABBV Abbvie Inc. | Add +63.0% | 0.32% | +0.12 |
| GOOG Alphabet Inc. Class C | Add +9.8% | 0.88% | +0.12 |
| TMO Thermo Fisher Scientific Inc. | New | 0.10% | +0.10 |
| AMGN Amgen Inc. | Add +92.2% | 0.24% | +0.10 |
| GM General Motors Co. | New | 0.09% | +0.09 |
| TXN Texas Instruments Inc. | New | 0.09% | +0.09 |
| FLG Flagstar Bank NA | New | 0.09% | +0.09 |
| CNC Centene Corp. | New | 0.09% | +0.09 |
| ILS Brookmont Catastrophic Bond | Add +31.0% | 0.90% | +0.09 |
| FSBC Five Star Bancorp | New | 0.09% | +0.09 |
| PWB Invesco Large Cap Growth ETF | Add +3.4% | 0.58% | +0.09 |
| USB US Bancorp | New | 0.09% | +0.09 |
| VGT Vanguard Info Tech ETF | Add +27.9% | 0.26% | +0.09 |
| DIS The Walt Disney Co. | New | 0.09% | +0.09 |
Options Activity Q1 2026 → Q2 2026
| INVESCO QQQ TR | put | Sold out | 2,000 | $1.2Mbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 448 | $444.0M | AAPL, SPY, NVDA, SGOL, IYW |
| Q1 2026 | 395 | $378.2M | AAPL, SPY, SDCI, SGOL, NVDA |
| Q4 2025 | 356 | $354.5M | AAPL, SPY, SGOL, NVDA, IYW |
| Q3 2025 | 368 | $360.1M | AAPL, SPY, NVDA, MSFT, IYW |
| Q2 2025 | 313 | $323.4M | AAPL, SPY, NVDA, MSFT, IYW |
| Q1 2025 | 301 | $293.4M | AAPL, SPY, SGOL, NVDA, MSFT |
| Q4 2024 | 445 | $301.7M | AAPL, SPY, NVDA, IYW, MSFT |
| Q3 2024 | 308 | $280.9M | AAPL, SPY, MSFT, IYW, NVDA |
| Q2 2024 | 348 | $265.8M | AAPL, SPY, MSFT, IYW, HD |
| Q1 2024 | 275 | $207.3M | AAPL, MSFT, HD, IYW, UTWO |