Empirical Asset Management, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 10, 2024), Empirical Asset Management, LLC reported 275 stock positions worth $207.3 million. Its top holding was Apple (AAPL) at 6.0% of the portfolio, followed by Microsoft (MSFT, 2.5%) and Home Depot (HD, 2.5%). Compared with Q4 2023, it opened 130 new positions, sold out of 31, added to 87 and reduced 50. The biggest buy was Apple (AAPL, shares +724%) and the biggest sale Abrdn Physical Gold Shares (SGOL, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- WELLESLEY, MA
- CIK
- 0001926596
- Portfolio Value
- $207.3M (Q1 2024)
- SEC Filing
- 0001951757-24-000446 ↗ filed May 10, 2024
Holdings Value
Holdings 275 stocks · $207.3M
| AAPL Apple Inc. | 5.96% | 82,338 | $12.4M | Add +723.6% |
| MSFT Microsoft Corp. | 2.48% | 25,333 | $5.2M | Add +265.6% |
| HD Home Depot Inc. | 2.48% | 17,608 | $5.1M | Add +245.8% |
| IYW iShares Ustechnology ETF | 2.16% | 33,145 | $4.5M | New |
| UTWO F/M US Treasury 2 Year Note | 2.13% | 91,655 | $4.4M | Add +5.2% |
| SGOL Abrdn Physical Gold Shares | 2.06% | 200,626 | $4.3M | Reduce -1.6% |
| META Meta Platforms Inc. Class A | 1.87% | 15,376 | $3.9M | Add +1706.8% |
| RSPT Invesco S&P 500 Equal Weight | 1.34% | 78,780 | $2.8M | New |
| WTMF Wisdomtree MGD Futures Strat | 1.28% | 70,522 | $2.6M | Reduce -1.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.27% | 5,032 | $2.6M | Add +13.6% |
| PG The Procter & Gamble Co. | 1.17% | 20,868 | $2.4M | Add +512.7% |
| AMZN Amazon.com Inc. | 1.14% | 21,871 | $2.4M | Add +595.4% |
| NVDA Nvidia Corp. | 1.13% | 8,733 | $2.3M | Add +812.5% |
| JPM JPMorgan Chase & Co. | 1.08% | 17,614 | $2.2M | Add +1136.9% |
| UTEN F/M US Treasury 10 Year Note | 1.07% | 50,247 | $2.2M | Add +3.6% |
| MCD McDonald's Corp. | 1.05% | 7,686 | $2.2M | Add +257.3% |
| ICOW Pacer Developed Markets Inte | 1.04% | 67,776 | $2.2M | Reduce -3.4% |
| QLVD NT Dev Exus QLV ETF | 1.03% | 80,231 | $2.1M | Reduce -4.2% |
| SUN Sunoco LP | 1.03% | 35,426 | $2.1M | New |
| IYH iShares U.S. Healthcare ETF | 1.02% | 34,050 | $2.1M | New |
| SLV iShares Silver Trust | 1.00% | 90,955 | $2.1M | Reduce -0.6% |
| IBB iShares Biotechnology ETF | 0.99% | 15,028 | $2.1M | New |
| XOM Exxon Mobil Corp. | 0.99% | 23,050 | $2.1M | Add +223.5% |
| DBEM Xtrackers MSCI Emerging Mark | 0.82% | 71,012 | $1.7M | Reduce -4.0% |
| QAI Nylim HDG MLT-STR TRC ETF-Ui | 0.79% | 53,228 | $1.6M | Reduce -0.2% |
| GCC Wisdomtree Enhanced Commodit | 0.79% | 88,632 | $1.6M | Reduce -0.1% |
| DBEF Xtrackers MSCI Eafe Hedged E | 0.79% | 39,789 | $1.6M | Reduce -4.1% |
| UEVM Victoryshares Emerging Marke | 0.77% | 35,021 | $1.6M | Reduce -5.3% |
| COWZ Pacer US Cash Cows 100 ETF | 0.77% | 27,466 | $1.6M | Reduce -4.7% |
| JPEM JPM Diversified Ret Em Equit filed as J P MORGAN EXCHANGE TRADED F | 0.74% | 28,685 | $1.5M | Reduce -4.1% |
| COM Direxion Auspice BRD Cmdty | 0.72% | 52,817 | $1.5M | Add +2.4% |
| CVX Chevron Corp. | 0.72% | 15,024 | $1.5M | Add +987.9% |
| IGV iShares Expanded Tech-Softwa | 0.69% | 16,850 | $1.4M | New |
| TPL Texas Pacific Land Corp. | 0.69% | 2,472 | $1.4M | Add +0.1% |
| ADP Automatic Data Processing | 0.66% | 5,510 | $1.4M | Add +32.4% |
| XLRE SS Real Estate Select Sector | 0.66% | 34,597 | $1.4M | Reduce -1.2% |
| QCOM Qualcomm Inc. | 0.64% | 7,883 | $1.3M | Add +96.8% |
| BTAL Agf US Market Neutral Anti-B | 0.62% | 71,201 | $1.3M | Add +7.1% |
| GILD Gilead Sciences Inc. | 0.61% | 17,177 | $1.3M | Add +26.3% |
| HYZD Wisdomtree Interest Rate Hed | 0.60% | 56,688 | $1.2M | Reduce -1.5% |
| HEFA Isha Curr Hedged MSCI Eafe | 0.59% | 35,284 | $1.2M | Reduce -1.5% |
| GOOG Alphabet Inc. Class C | 0.59% | 20,468 | $1.2M | Add +1073.6% |
| FLQM Franklin U.S. Mid Cap Multif | 0.58% | 22,407 | $1.2M | Reduce -6.3% |
| CSCO Cisco Systems Inc. | 0.57% | 23,749 | $1.2M | Add +30.6% |
| RWL Invesco S&P 500 Revenue ETF | 0.56% | 12,440 | $1.2M | New |
| CZA Invesco Zacks Mid-Cap ETF | 0.55% | 11,302 | $1.1M | Reduce -5.9% |
| JPME JPM Diver Ret US MC Equity filed as J P MORGAN EXCHANGE TRADED F | 0.55% | 11,527 | $1.1M | Reduce -6.1% |
| GLD SPDR Gold Shares | 0.55% | 5,539 | $1.1M | Add +12.9% |
| RSPH Invesco S&P 500 Equal Weight | 0.55% | 35,840 | $1.1M | New |
| WMT Walmart Inc. | 0.54% | 24,661 | $1.1M | Add +233.5% |
| HYHG Proshares High Yield Interes | 0.54% | 17,485 | $1.1M | Add +0.2% |
| AGOX Adaptive Alpha Opportunities | 0.53% | 42,685 | $1.1M | Add +0.5% |
| COST Costco Wholesale Corp. | 0.51% | 6,981 | $1.0M | New |
| XLY SS Consumer Disc Select Sect | 0.48% | 5,384 | $990K | Add +174.4% |
| XLB SS Materials Select Sector | 0.47% | 10,470 | $973K | Add +158.4% |
| GOOGL Alphabet Inc. Class A | 0.46% | 6,365 | $961K | Add +6.9% |
| PAYX Paychex Inc. | 0.46% | 7,762 | $953K | Add +108.8% |
| TDTT NT Iboxx 3Y Dur Tips ETF | 0.46% | 40,061 | $951K | Add +1.0% |
| OUSM Alps Oshares US Small-Cap Qu | 0.45% | 21,939 | $934K | Reduce -7.7% |
| SPHD Invesco S&P 500 High Dividen | 0.45% | 20,980 | $932K | Reduce -7.9% |
| V Visa Inc. Class A | 0.43% | 3,195 | $892K | Add +1.1% |
| CSML Indexiq ETF Trust Iq U.S. SM | 0.43% | 23,691 | $884K | Reduce -6.4% |
| CDC Victoryshares US Eq Income E | 0.43% | 14,807 | $881K | Reduce -6.6% |
| MPC Marathon Petroleum Corp. | 0.42% | 4,373 | $881K | Reduce -13.8% |
| ISRG Intuitive Surgical Inc. | 0.42% | 2,205 | $880K | New |
| STIP iShares 0-5 Year Tips Bond E | 0.42% | 8,717 | $867K | Add +0.0% |
| FAST Fastenal Co. | 0.42% | 11,199 | $864K | Add +55.3% |
| IGOV iShares International Treasu | 0.41% | 21,513 | $853K | Add +2.1% |
| MCO Moody's Corp. | 0.40% | 2,121 | $833K | New |
| IGM iShares Expanded Tech Sector | 0.39% | 9,420 | $812K | New |
| VICTORY PORTFOLIOS II | 0.38% | 15,289 | $784K | Reduce -4.4% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.38% | 15,637 | $783K | Add +7.5% |
| AGZD Wisdomtree Trust Wisdomtree | 0.38% | 35,441 | $783K | Add +0.9% |
| XLK SS Technology Select Sector | 0.37% | 3,726 | $776K | Add +103.8% |
| SCHZ Schwab US Aggregate Bond ETF | 0.37% | 16,787 | $772K | Add +16.8% |
| IVV iShares Core S&P 500 ETF | 0.35% | 1,394 | $733K | Add +97.2% |
| CVS CVS Health Corp. | 0.35% | 11,382 | $726K | Add +177.8% |
| XBI SS SPDR S&P Biotech ETF | 0.35% | 7,634 | $724K | New |
| IYJ iShares U.S. Industrials ETF | 0.34% | 5,610 | $705K | New |
| VONG Vanguard Russell 1000 Growth | 0.34% | 8,112 | $703K | Add +0.1% |
| VGLT Vanguard Long-Term Treasury | 0.34% | 50,976 | $701K | Add +344.3% |
| IUSG iShares Core S&P U.S. Growth | 0.33% | 5,826 | $683K | Add +0.1% |
| SBUX Starbucks Corp. | 0.32% | 10,775 | $674K | New |
| SPGI S&P Global Inc. | 0.32% | 1,548 | $659K | New |
| PEP Pepsico Inc. | 0.32% | 5,766 | $657K | Add +63.6% |
| RHTX RH Tactical Outlook | 0.32% | 43,580 | $655K | Reduce -2.5% |
| SHY iShares 1-3 Year Treasury Bo | 0.31% | 7,860 | $643K | Reduce -6.7% |
| STM Stmicroelectronics NV-NY SHS | 0.31% | 14,820 | $641K | New |
| ET Energy Transfer LP | 0.31% | 40,590 | $638K | Add +0.0% |
| PSX Phillips 66 | 0.29% | 3,705 | $605K | Reduce -20.0% |
| GE General Electric | 0.29% | 3,439 | $604K | New |
| MA Mastercard Inc. Class A | 0.29% | 7,968 | $599K | Add +336.4% |
| AON Aon PLC Class A | 0.29% | 1,786 | $596K | Reduce -33.4% |
| LOW Lowe's Cos Inc. | 0.28% | 2,296 | $585K | Add +0.8% |
| IT Gartner Inc. | 0.28% | 1,217 | $580K | New |
| RSPF Invesco S&P 500 Equal Weight | 0.28% | 8,892 | $571K | New |
| EOG EOG Resources Inc. | 0.27% | 4,456 | $570K | Reduce -3.8% |
| TBIL F/M US Treasury 3 Month Bill | 0.27% | 11,244 | $563K | Add +1.3% |
| ARM Arm Holdings PLC-ADR | 0.27% | 4,425 | $553K | New |
| IEFA iShares Core MSCI Eafe ETF | 0.26% | 7,371 | $547K | Add +8.5% |
Portfolio Sells Q4 2023 → Q1 2024
| SGOL Abrdn Physical Gold Shares | Reduce -1.6% | 2.06% | −1.23 |
| TGT Target Corp. | Sold out | 0.00% | −0.77 |
| WTMF Wisdomtree MGD Futures Strat | Reduce -1.0% | 1.28% | −0.76 |
| CRM Salesforce Inc. | Sold out | 0.00% | −0.76 |
| ICOW Pacer Developed Markets Inte | Reduce -3.4% | 1.04% | −0.74 |
| QLVD NT Dev Exus QLV ETF | Reduce -4.2% | 1.03% | −0.74 |
| MKTX Marketaxess Holdings Inc. | Reduce -66.6% | 0.13% | −0.72 |
| ANSS Ansys Inc. | Sold out | 0.00% | −0.70 |
| AOS Smith (a.o.) Corp. | Sold out | 0.00% | −0.69 |
| SLV iShares Silver Trust | Reduce -0.6% | 1.00% | −0.63 |
| TJX TJX Companies Inc. | Sold out | 0.00% | −0.60 |
| ES Eversource Energy | Sold out | 0.00% | −0.59 |
| LH Laboratory CRP of Amer Hldgs | Sold out | 0.00% | −0.58 |
| UEVM Victoryshares Emerging Marke | Reduce -5.3% | 0.77% | −0.57 |
| DBEM Xtrackers MSCI Emerging Mark | Reduce -4.0% | 0.82% | −0.57 |
| PANW Palo Alto Networks Inc. | Sold out | 0.00% | −0.55 |
| HUM Humana Inc. | Sold out | 0.00% | −0.54 |
| JPEM JPM Diversified Ret Em Equit | Reduce -4.1% | 0.74% | −0.54 |
| QAI Nylim HDG MLT-STR TRC ETF-Ui | Reduce -0.2% | 0.79% | −0.52 |
| AVY Avery Dennison Corp. | Sold out | 0.00% | −0.51 |
| NWSA News Corp. Class A | Sold out | 0.00% | −0.51 |
| WTW Willis Towers Watson PLC | Sold out | 0.00% | −0.50 |
| SJM The JM Smucker Co. | Sold out | 0.00% | −0.49 |
| XLRE SS Real Estate Select Sector | Reduce -1.2% | 0.66% | −0.48 |
| DBEF Xtrackers MSCI Eafe Hedged E | Reduce -4.1% | 0.79% | −0.47 |
| PLD Prologis Inc. | Sold out | 0.00% | −0.46 |
| COWZ Pacer US Cash Cows 100 ETF | Reduce -4.7% | 0.77% | −0.45 |
| GCC Wisdomtree Enhanced Commodit | Reduce -0.1% | 0.79% | −0.44 |
| FOXA Fox Corp. Class A | Sold out | 0.00% | −0.43 |
| HYZD Wisdomtree Interest Rate Hed | Reduce -1.5% | 0.60% | −0.41 |
| DD Dupont DE Nemours Inc. | Sold out | 0.00% | −0.41 |
| EBAY eBay Inc. | Reduce -52.5% | 0.20% | −0.38 |
| JPME JPM Diver Ret US MC Equity | Reduce -6.1% | 0.55% | −0.37 |
| CZA Invesco Zacks Mid-Cap ETF | Reduce -5.9% | 0.55% | −0.36 |
| FLQM Franklin U.S. Mid Cap Multif | Reduce -6.3% | 0.58% | −0.36 |
| NDSN Nordson Corp. | Sold out | 0.00% | −0.35 |
| KR Kroger Co. | Sold out | 0.00% | −0.35 |
| AON Aon PLC Class A | Reduce -33.4% | 0.29% | −0.35 |
| CBRE CBRE Group Inc. Class A | Sold out | 0.00% | −0.35 |
| EFA iShares MSCI Eafe ETF | Reduce -43.0% | 0.19% | −0.34 |
| SPHD Invesco S&P 500 High Dividen | Reduce -7.9% | 0.45% | −0.34 |
| HEFA Isha Curr Hedged MSCI Eafe | Reduce -1.5% | 0.59% | −0.33 |
| CSML Indexiq ETF Trust Iq U.S. SM | Reduce -6.4% | 0.43% | −0.32 |
| OUSM Alps Oshares US Small-Cap Qu | Reduce -7.7% | 0.45% | −0.31 |
| CDC Victoryshares US Eq Income E | Reduce -6.6% | 0.43% | −0.31 |
| CL Colgate-Palmolive Co. | Reduce -41.6% | 0.19% | −0.30 |
| NOC Northrop Grumman Corp. | Sold out | 0.00% | −0.30 |
| MSCI MSCI Inc. | Reduce -34.0% | 0.17% | −0.27 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.27 |
| VICTORY PORTFOLIOS II | Reduce -4.4% | 0.38% | −0.26 |
Portfolio Buys Q4 2023 → Q1 2024
| AAPL Apple Inc. | Add +723.6% | 5.96% | +4.39 |
| IYW iShares Ustechnology ETF | New | 2.16% | +2.16 |
| META Meta Platforms Inc. Class A | Add +1706.8% | 1.87% | +1.62 |
| RSPT Invesco S&P 500 Equal Weight | New | 1.34% | +1.34 |
| HD Home Depot Inc. | Add +245.8% | 2.48% | +1.04 |
| SUN Sunoco LP | New | 1.03% | +1.03 |
| IYH iShares U.S. Healthcare ETF | New | 1.02% | +1.02 |
| IBB iShares Biotechnology ETF | New | 0.99% | +0.99 |
| JPM JPMorgan Chase & Co. | Add +1136.9% | 1.08% | +0.88 |
| PG The Procter & Gamble Co. | Add +512.7% | 1.17% | +0.76 |
| AMZN Amazon.com Inc. | Add +595.4% | 1.14% | +0.75 |
| NVDA Nvidia Corp. | Add +812.5% | 1.13% | +0.74 |
| IGV iShares Expanded Tech-Softwa | New | 0.69% | +0.69 |
| RWL Invesco S&P 500 Revenue ETF | New | 0.56% | +0.56 |
| CVX Chevron Corp. | Add +987.9% | 0.72% | +0.55 |
| RSPH Invesco S&P 500 Equal Weight | New | 0.55% | +0.55 |
| MCD McDonald's Corp. | Add +257.3% | 1.05% | +0.52 |
| COST Costco Wholesale Corp. | New | 0.51% | +0.51 |
| ISRG Intuitive Surgical Inc. | New | 0.42% | +0.42 |
| XOM Exxon Mobil Corp. | Add +223.5% | 0.99% | +0.41 |
| MCO Moody's Corp. | New | 0.40% | +0.40 |
| GOOG Alphabet Inc. Class C | Add +1073.6% | 0.59% | +0.39 |
| IGM iShares Expanded Tech Sector | New | 0.39% | +0.39 |
| MSFT Microsoft Corp. | Add +265.6% | 2.48% | +0.36 |
| XBI SS SPDR S&P Biotech ETF | New | 0.35% | +0.35 |
| IYJ iShares U.S. Industrials ETF | New | 0.34% | +0.34 |
| SBUX Starbucks Corp. | New | 0.32% | +0.32 |
| SPGI S&P Global Inc. | New | 0.32% | +0.32 |
| STM Stmicroelectronics NV-NY SHS | New | 0.31% | +0.31 |
| GE General Electric | New | 0.29% | +0.29 |
| IT Gartner Inc. | New | 0.28% | +0.28 |
| RSPF Invesco S&P 500 Equal Weight | New | 0.28% | +0.28 |
| ARM Arm Holdings PLC-ADR | New | 0.27% | +0.27 |
| VZ Verizon Communications Inc. | New | 0.25% | +0.25 |
| BRO Brown & Brown Inc. | New | 0.25% | +0.25 |
| IBM Intl Business Machines Corp. | New | 0.25% | +0.25 |
| IYE iShares U.S. Energy ETF | New | 0.25% | +0.25 |
| AMD Advanced Micro Devices | New | 0.24% | +0.24 |
| URI United Rentals Inc. | New | 0.24% | +0.24 |
| MRSH Marsh & McLennan Cos | New | 0.23% | +0.23 |
| ORCL Oracle Corp. | New | 0.23% | +0.23 |
| IYF iShares US Financials ETF | New | 0.23% | +0.23 |
| RL Ralph Lauren Corp. | New | 0.23% | +0.23 |
| WMT Walmart Inc. | Add +233.5% | 0.54% | +0.22 |
| AXP American Express Co. | New | 0.22% | +0.22 |
| EW Edwards Lifesciences Corp. | New | 0.21% | +0.21 |
| CVNA Carvana Co. | New | 0.21% | +0.21 |
| AMAT Applied Materials Inc. | New | 0.21% | +0.21 |
| TRV The Travelers Cos Inc. | New | 0.21% | +0.21 |
| UNP Union Pacific Corp. | New | 0.20% | +0.20 |
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 |