Empirical Asset Management, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 15, 2025), Empirical Asset Management, LLC reported 445 stock positions worth $301.7 million. Its top holding was Apple (AAPL) at 6.6% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 2.6%) and Nvidia (NVDA, 2.3%). Compared with Q3 2024, it opened 160 new positions, sold out of 23, added to 176 and reduced 75. The biggest buy was a new position in Fortinet (FTNT) and the biggest sale an exit from Synopsys (SNPS).
- Most Recent 13F
- Q2 2026
- Location
- WELLESLEY, MA
- CIK
- 0001926596
- Portfolio Value
- $301.7M (Q4 2024)
- SEC Filing
- 0001951757-25-000026 ↗ filed Jan 15, 2025
Holdings Value
Holdings 445 stocks · $301.7M
| AAPL Apple Inc. | 6.60% | 610,442 | $19.9M | Add +111.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.61% | 13,409 | $7.9M | Add +0.6% |
| NVDA Nvidia Corp. | 2.25% | 749,580 | $6.8M | Add +1398.8% |
| IYW iShares Ustechnology ETF | 1.94% | 36,643 | $5.8M | Reduce -0.7% |
| MSFT Microsoft Corp. | 1.83% | 433,798 | $5.5M | Add +256.3% |
| META Meta Platforms Inc. Class A | 1.77% | 202,702 | $5.3M | Add +478.3% |
| HD Home Depot Inc. | 1.57% | 72,384 | $4.8M | Add +105.6% |
| SGOL Abrdn Physical Gold Shares | 1.53% | 184,306 | $4.6M | Reduce -1.1% |
| AMZN Amazon.com Inc. | 1.43% | 273,747 | $4.3M | Add +360.9% |
| UTWO F/M US Treasury 2 Year Note | 1.26% | 78,969 | $3.8M | Add +6.5% |
| UTEN F/M US Treasury 10 Year Note | 1.13% | 80,392 | $3.4M | Add +6.1% |
| JPM JPMorgan Chase & Co. | 1.13% | 212,034 | $3.4M | Add +862.8% |
| GOOG Alphabet Inc. Class C | 0.97% | 142,080 | $2.9M | Add +720.0% |
| RSPT Invesco S&P 500 Equal Weight | 0.93% | 75,040 | $2.8M | No change |
| TPL Texas Pacific Land Corp. | 0.88% | 2,408 | $2.7M | Reduce -2.9% |
| IVV iShares Core S&P 500 ETF | 0.86% | 4,429 | $2.6M | Add +34.5% |
| PG The Procter & Gamble Co. | 0.80% | 88,305 | $2.4M | Add +136.7% |
| GCC Wisdomtree Enhanced Commodit | 0.79% | 127,175 | $2.4M | Add +3.5% |
| GLD SPDR Gold Shares | 0.78% | 15,595 | $2.3M | Add +0.3% |
| JOET Virtus Terranova US Qual Mom | 0.77% | 61,481 | $2.3M | Reduce -4.9% |
| QLC NT US Qual LC ETF | 0.76% | 34,734 | $2.3M | Reduce -4.3% |
| RECS Columbia Resear Enh Cor ETF | 0.76% | 66,541 | $2.3M | Reduce -4.0% |
| ETF SER SOLUTIONS | 0.74% | 88,667 | $2.2M | Add +6.3% |
| PPTY US Diversified Real Estate E | 0.74% | 69,037 | $2.2M | Add +0.0% |
| IYH iShares U.S. Healthcare ETF | 0.73% | 37,936 | $2.2M | Reduce -4.0% |
| GSG iShares S&P Gsci Commodity I | 0.73% | 100,886 | $2.2M | Add +0.4% |
| SLV iShares Silver Trust | 0.73% | 83,283 | $2.2M | Add +1.0% |
| XOM Exxon Mobil Corp. | 0.68% | 43,882 | $2.0M | Add +49.7% |
| IGOV iShares International Treasu | 0.66% | 52,064 | $2.0M | Add +3.1% |
| MCD McDonald's Corp. | 0.65% | 37,809 | $2.0M | Add +41.5% |
| IWM iShares Russell 2000 ETF | 0.62% | 8,498 | $1.9M | Add +5.0% |
| IWF iShares Russell 1000 Growth | 0.62% | 5,295 | $1.9M | Add +0.0% |
| IBB iShares Biotechnology ETF | 0.60% | 13,731 | $1.8M | Reduce -6.3% |
| WMT Walmart Inc. | 0.59% | 26,172 | $1.8M | Add +30.7% |
| WTMF Wisdomtree MGD Futures Strat | 0.59% | 50,543 | $1.8M | Add +8.2% |
| CVX Chevron Corp. | 0.56% | 126,940 | $1.7M | Add +374.1% |
| IEFA iShares Core MSCI Eafe ETF | 0.56% | 135,470 | $1.7M | Add +509.1% |
| ANET Arista Networks Inc. | 0.56% | 28,010 | $1.7M | Reduce -26.0% |
| FNX First Trust Mid Cap Core Alp | 0.54% | 14,172 | $1.6M | Reduce -9.1% |
| IJH iShares Core S&P Midcap ETF | 0.54% | 451,935 | $1.6M | Add +2457.3% |
| IGV iShares Expanded Tech-Softwa | 0.53% | 16,000 | $1.6M | Reduce -0.6% |
| FTNT Fortinet Inc. | 0.52% | 19,729 | $1.6M | New |
| FLQM Franklin U.S. Mid Cap Multif | 0.52% | 28,793 | $1.6M | Reduce -5.5% |
| QVMM Invesco S&P Midcap 400 QVM M | 0.52% | 54,210 | $1.6M | Reduce -5.3% |
| CSCO Cisco Systems Inc. | 0.51% | 46,338 | $1.6M | Add +39.6% |
| AGG iShares Core U.S. Aggregate | 0.50% | 15,673 | $1.5M | Add +16.9% |
| GRMN Garmin Ltd. | 0.50% | 7,260 | $1.5M | Add +57.2% |
| SUN Sunoco LP | 0.49% | 28,705 | $1.5M | Reduce -14.3% |
| DBEF Xtrackers MSCI Eafe Hedged E | 0.48% | 34,934 | $1.4M | Reduce -8.7% |
| IVE iShares S&P 500 Value ETF | 0.47% | 7,418 | $1.4M | Reduce -1.6% |
| DECK Deckers Outdoor Corp. | 0.47% | 11,475 | $1.4M | Add +127.1% |
| NFLX Netflix Inc. | 0.46% | 91,764 | $1.4M | Add +7872.6% |
| LLY Eli Lilly & Co. | 0.46% | 130,451 | $1.4M | Add +160.1% |
| TSLA Tesla Inc. | 0.45% | 58,282 | $1.4M | Add +1739.1% |
| SCHZ Schwab US Aggregate Bond ETF | 0.45% | 59,727 | $1.4M | Add +18.4% |
| IWR iShares Russell Mid-Cap ETF | 0.43% | 14,832 | $1.3M | Add +2.8% |
| GOOGL Alphabet Inc. Class A | 0.43% | 133,980 | $1.3M | Add +182.3% |
| VGLT Vanguard Long-Term Treasury | 0.42% | 22,825 | $1.3M | Add +1.5% |
| ISRG Intuitive Surgical Inc. | 0.42% | 19,393 | $1.3M | Add +21.7% |
| SMLF iShares US Smallcap Equity F | 0.42% | 18,571 | $1.3M | Reduce -6.1% |
| IYJ iShares U.S. Industrials ETF | 0.41% | 9,375 | $1.3M | Reduce -3.6% |
| PAYX Paychex Inc. | 0.41% | 15,101 | $1.3M | Add +32.4% |
| ADP Automatic Data Processing | 0.41% | 31,983 | $1.2M | Add +71.1% |
| DGRS Wisdomtree U.S. Smallcap Qua | 0.41% | 24,061 | $1.2M | Reduce -5.5% |
| QCOM Qualcomm Inc. | 0.41% | 18,470 | $1.2M | Add +27.3% |
| HIG Hartford Insurance Group Inc. | 0.41% | 11,181 | $1.2M | Reduce -4.2% |
| FLQS Franklin U.S. Small Cap Mult | 0.40% | 29,049 | $1.2M | Reduce -6.3% |
| COST Costco Wholesale Corp. | 0.39% | 21,638 | $1.2M | Add +25.2% |
| RWL Invesco S&P 500 Revenue ETF | 0.39% | 11,965 | $1.2M | Reduce -1.6% |
| QAI Nylim HDG MLT-STR TRC ETF-Ui filed as NEW YORK LIFE INVESTMENTS ET | 0.39% | 37,182 | $1.2M | Reduce -5.1% |
| MA Mastercard Inc. Class A | 0.38% | 30,890 | $1.2M | New |
| AGOX Adaptive Alpha Opportunities | 0.38% | 41,786 | $1.1M | Add +3.4% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.37% | 38,026 | $1.1M | Add +4.1% |
| AMP Ameriprise Financial Inc. | 0.37% | 8,271 | $1.1M | Reduce -5.0% |
| IJR iShares Core S&P Small-Cap E | 0.37% | 293,071 | $1.1M | Add +3863.1% |
| GSWO Goldman Sachs Activebeta Wor | 0.37% | 22,496 | $1.1M | Reduce -4.4% |
| IUSG iShares Core S&P U.S. Growth | 0.37% | 300,670 | $1.1M | Reduce -0.0% |
| LVHI Franklin International Low V | 0.36% | 35,880 | $1.1M | Reduce -2.9% |
| QWLD State Street SPDR MSCI World | 0.36% | 8,789 | $1.1M | Reduce -3.9% |
| ARM Arm Holdings PLC-ADR | 0.35% | 8,525 | $1.1M | Add +2.4% |
| CVNA Carvana Co. | 0.34% | 5,100 | $1.0M | Reduce -0.2% |
| AXP American Express Co. | 0.34% | 17,983 | $1.0M | Add +405.6% |
| IGM iShares Expanded Tech Sector | 0.33% | 41,369 | $1.0M | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.33% | 83,130 | $999K | Add +1053.8% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.33% | 21,497 | $995K | Add +6.8% |
| MCO Moody's Corp. | 0.33% | 4,420 | $990K | Add +44.8% |
| IVW iShares S&P 500 Growth ETF | 0.32% | 9,598 | $974K | Add +1.9% |
| CB Chubb Ltd. | 0.32% | 91,143 | $956K | Add +429.5% |
| PEP Pepsico Inc. | 0.31% | 34,939 | $936K | Add +0.4% |
| WFC Wells Fargo & Co. | 0.31% | 62,652 | $935K | Add +229.7% |
| RSPH Invesco S&P 500 Equal Weight | 0.31% | 31,900 | $935K | Reduce -3.4% |
| PYPL PayPal Holdings Inc. | 0.31% | 12,148 | $934K | New |
| ADSK Autodesk Inc. | 0.31% | 4,584 | $930K | New |
| CECO Ceco Environmental Corp. | 0.31% | 30,709 | $928K | No change |
| LYV Live Nation Entertainment Inc. | 0.31% | 7,142 | $925K | New |
| FLSP Franklin Systematic Style PR | 0.30% | 38,283 | $915K | Add +1.9% |
| KKR KKR & Co. Inc. | 0.30% | 16,443 | $914K | Add +59.2% |
| IUSV iShares Core S&P U.S. Value | 0.30% | 284,606 | $911K | No change |
| VCSH Vanguard S/T Corp. Bond ETF | 0.30% | 11,597 | $905K | Add +1.5% |
| TRV The Travelers Cos Inc. | 0.30% | 16,042 | $903K | Add +7.3% |
Portfolio Sells Q3 2024 → Q4 2024
| SNPS Synopsys Inc. | Sold out | 0.00% | −0.36 |
| FSLR First Solar Inc. | Sold out | 0.00% | −0.29 |
| INTU Intuit Inc. | Sold out | 0.00% | −0.27 |
| OC Owens Corning | Sold out | 0.00% | −0.22 |
| SNA Snap-on Inc. | Sold out | 0.00% | −0.21 |
| BBY Best Buy Co. Inc. | Sold out | 0.00% | −0.20 |
| FICO Fair Isaac Corp. | Reduce -73.3% | 0.07% | −0.20 |
| IYH iShares U.S. Healthcare ETF | Reduce -4.0% | 0.73% | −0.18 |
| IBB iShares Biotechnology ETF | Reduce -6.3% | 0.60% | −0.16 |
| APH Amphenol Corp. Class A | Sold out | 0.00% | −0.16 |
| CPRT Copart Inc. | Reduce -35.6% | 0.23% | −0.15 |
| SUN Sunoco LP | Reduce -14.3% | 0.49% | −0.15 |
| CDNS Cadence Design SYS Inc. | Reduce -12.2% | 0.07% | −0.14 |
| MSI Motorola Solutions Inc. | Sold out | 0.00% | −0.14 |
| SGOL Abrdn Physical Gold Shares | Reduce -1.1% | 1.53% | −0.14 |
| JPST JPMorgan Ultra-Short Income | Reduce -55.8% | 0.09% | −0.13 |
| NTAP Netapp Inc. | Sold out | 0.00% | −0.13 |
| FTA First Trust L C Val Alp | Sold out | 0.00% | −0.13 |
| SCCO Southern Copper Corp. | Sold out | 0.00% | −0.12 |
| IT Gartner Inc. | Sold out | 0.00% | −0.12 |
| MUB iShares National Muni Bond E | Reduce -3.0% | 0.06% | −0.11 |
| FTC First Trust Large Cap Growth | Sold out | 0.00% | −0.11 |
| FNX First Trust Mid Cap Core Alp | Reduce -9.1% | 0.54% | −0.11 |
| PXF Invesco Rafi Developed Marke | Sold out | 0.00% | −0.11 |
| TXT Textron Inc. | Sold out | 0.00% | −0.10 |
| VIGI Vanguard Int Div App Indx FD | Sold out | 0.00% | −0.10 |
| ACGL Arch Capital Group Ltd. | Reduce -8.0% | 0.23% | −0.09 |
| DBEF Xtrackers MSCI Eafe Hedged E | Reduce -8.7% | 0.48% | −0.09 |
| FLQM Franklin U.S. Mid Cap Multif | Reduce -5.5% | 0.52% | −0.09 |
| GE General Electric | Reduce -19.2% | 0.17% | −0.08 |
| TD Toronto-Dominion Bank | Sold out | 0.00% | −0.08 |
| HIG Hartford Insurance Group Inc. | Reduce -4.2% | 0.41% | −0.08 |
| JOET Virtus Terranova US Qual Mom | Reduce -4.9% | 0.77% | −0.08 |
| QLC NT US Qual LC ETF | Reduce -4.3% | 0.76% | −0.08 |
| GSIE Goldman Sachs Activebeta Int | Sold out | 0.00% | −0.08 |
| RWK Invesco S&P Midcap 400 Rev | Sold out | 0.00% | −0.07 |
| QVMM Invesco S&P Midcap 400 QVM M | Reduce -5.3% | 0.52% | −0.07 |
| MNST Monster Beverage Corp. | Reduce -31.5% | 0.13% | −0.07 |
| RECS Columbia Resear Enh Cor ETF | Reduce -4.0% | 0.76% | −0.07 |
| FXZ First Trust Materials Alphad | Sold out | 0.00% | −0.07 |
| VTIP Vanguard Short-Term Tips | Sold out | 0.00% | −0.07 |
| RSPH Invesco S&P 500 Equal Weight | Reduce -3.4% | 0.31% | −0.07 |
| FLQS Franklin U.S. Small Cap Mult | Reduce -6.3% | 0.40% | −0.07 |
| DLY Doubleline Yield Opport | Sold out | 0.00% | −0.07 |
| QAI Nylim HDG MLT-STR TRC ETF-Ui | Reduce -5.1% | 0.39% | −0.06 |
| IVE iShares S&P 500 Value ETF | Reduce -1.6% | 0.47% | −0.06 |
| XBI SS SPDR S&P Biotech ETF | Reduce -6.3% | 0.21% | −0.06 |
| QWLD State Street SPDR MSCI World | Reduce -3.9% | 0.36% | −0.06 |
| DGRS Wisdomtree U.S. Smallcap Qua | Reduce -5.5% | 0.41% | −0.06 |
| GSWO Goldman Sachs Activebeta Wor | Reduce -4.4% | 0.37% | −0.06 |
Portfolio Buys Q3 2024 → Q4 2024
| FTNT Fortinet Inc. | New | 0.52% | +0.52 |
| MA Mastercard Inc. Class A | New | 0.38% | +0.38 |
| PYPL PayPal Holdings Inc. | New | 0.31% | +0.31 |
| ADSK Autodesk Inc. | New | 0.31% | +0.31 |
| LYV Live Nation Entertainment Inc. | New | 0.31% | +0.31 |
| KKR KKR & Co. Inc. | Add +59.2% | 0.30% | +0.30 |
| CAH Cardinal Health Inc. | New | 0.28% | +0.28 |
| NVDA Nvidia Corp. | Add +1398.8% | 2.25% | +0.28 |
| META Meta Platforms Inc. Class A | Add +478.3% | 1.77% | +0.23 |
| PANW Palo Alto Networks Inc. | New | 0.22% | +0.22 |
| NOW ServiceNow Inc. | New | 0.21% | +0.21 |
| GRMN Garmin Ltd. | Add +57.2% | 0.50% | +0.21 |
| IVV iShares Core S&P 500 ETF | Add +34.5% | 0.86% | +0.19 |
| DECK Deckers Outdoor Corp. | Add +127.1% | 0.47% | +0.18 |
| ALL Allstate Corp. | New | 0.17% | +0.17 |
| NFLX Netflix Inc. | Add +7872.6% | 0.46% | +0.17 |
| PAYX Paychex Inc. | Add +32.4% | 0.41% | +0.16 |
| TSLA Tesla Inc. | Add +1739.1% | 0.45% | +0.16 |
| ISRG Intuitive Surgical Inc. | Add +21.7% | 0.42% | +0.15 |
| IJH iShares Core S&P Midcap ETF | Add +2457.3% | 0.54% | +0.15 |
| GEV GE Vernova Inc. | New | 0.14% | +0.14 |
| IPG Interpublic Group of Cos Inc. | New | 0.14% | +0.14 |
| ROL Rollins Inc. | New | 0.14% | +0.14 |
| BKNG Booking Holdings Inc. | New | 0.12% | +0.12 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +11714.0% | 0.21% | +0.12 |
| ZTS Zoetis Inc. | New | 0.12% | +0.12 |
| AAPL Apple Inc. | Add +111.3% | 6.60% | +0.11 |
| BGC BGC Group Inc. Class A | New | 0.11% | +0.11 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 0.10% | +0.10 |
| AGGY Wisdomtree Yield Enhanced US | New | 0.10% | +0.10 |
| ITB iShares U.S. Home Constructi | New | 0.10% | +0.10 |
| CROX Crocs Inc. | New | 0.10% | +0.10 |
| MSCI MSCI Inc. | New | 0.09% | +0.09 |
| KLAC KLA Corp. | New | 0.09% | +0.09 |
| SPIB SS SPDR P Int C Corp. ETF | New | 0.09% | +0.09 |
| AVPT Avepoint Inc. | New | 0.09% | +0.09 |
| EW Edwards Lifesciences Corp. | New | 0.09% | +0.09 |
| USLM United States Lime & Mineral | New | 0.08% | +0.08 |
| CNX CNX Resources Corp. | New | 0.08% | +0.08 |
| RTX RTX Corp. | New | 0.08% | +0.08 |
| JNK SS SPDR BB High Yield Bond | New | 0.08% | +0.08 |
| VRSN Verisign Inc. | New | 0.08% | +0.08 |
| OLED Universal Display Corp. | New | 0.08% | +0.08 |
| SLRC SLR Investment Corp. | New | 0.08% | +0.08 |
| ALNY Alnylam Pharmaceuticals Inc. | New | 0.08% | +0.08 |
| MTCH Match Group Inc. | New | 0.08% | +0.08 |
| WEX Wex Inc. | New | 0.08% | +0.08 |
| RSG Republic Services Inc. | New | 0.08% | +0.08 |
| GGG Graco Inc. | New | 0.08% | +0.08 |
| SPGI S&P Global Inc. | New | 0.08% | +0.08 |
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 |