Empirical Asset Management, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 11, 2026), Empirical Asset Management, LLC reported 395 stock positions worth $378.2 million. Its top holding was Apple (AAPL) at 5.1% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 3.3%) and Uscf Summerhaven Dynamic ETF (SDCI, 2.6%). Compared with Q4 2025, it opened 88 new positions, sold out of 49, added to 125 and reduced 156. The biggest buy was Uscf Summerhaven Dynamic ETF (SDCI, shares +68%) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −16%).
- Most Recent 13F
- Q2 2026
- Location
- WELLESLEY, MA
- CIK
- 0001926596
- Portfolio Value
- $378.2M (Q1 2026)
- SEC Filing
- 0001951757-26-000815 ↗ filed May 11, 2026
Holdings Value
Holdings 395 stocks · $378.2M
| AAPL Apple Inc. | 5.14% | 76,556 | $19.4M | Reduce -13.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.29% | 19,140 | $12.4M | Reduce -16.1% |
| SDCI Uscf Summerhaven Dynamic ETF | 2.56% | 355,968 | $9.7M | Add +67.6% |
| SGOL Abrdn Physical Gold Shares | 2.50% | 211,594 | $9.4M | Add +2.7% |
| NVDA Nvidia Corp. | 1.79% | 38,915 | $6.8M | Reduce -34.0% |
| SLV iShares Silver Trust | 1.76% | 97,719 | $6.7M | Reduce -2.7% |
| IYW iShares Ustechnology ETF | 1.70% | 35,364 | $6.4M | Reduce -0.8% |
| META Meta Platforms Inc. Class A | 1.40% | 9,241 | $5.3M | Reduce -58.5% |
| MSFT Microsoft Corp. | 1.36% | 13,847 | $5.1M | Reduce -77.0% |
| JPM JPMorgan Chase & Co. | 1.06% | 13,692 | $4.0M | Reduce -25.1% |
| AMZN Amazon.com Inc. | 1.05% | 19,120 | $4.0M | Reduce -59.6% |
| GLD SPDR Gold Shares | 1.05% | 9,237 | $4.0M | Reduce -74.0% |
| HD Home Depot Inc. | 1.02% | 11,679 | $3.8M | Reduce -26.2% |
| XOM Exxon Mobil Corp. | 0.85% | 18,949 | $3.2M | Reduce -49.0% |
| LLY Eli Lilly & Co. | 0.83% | 3,409 | $3.1M | Add +0.6% |
| RSPT Invesco S&P 500 Equal Weight | 0.82% | 68,612 | $3.1M | Add +0.0% |
| GOOGL Alphabet Inc. Class A | 0.81% | 10,666 | $3.1M | Reduce -24.4% |
| ILS Brookmont Catastrophic Bond | 0.81% | 154,486 | $3.1M | Add +18.2% |
| GOOG Alphabet Inc. Class C | 0.76% | 10,046 | $2.9M | Reduce -43.8% |
| IVV iShares Core S&P 500 ETF | 0.74% | 4,302 | $2.8M | Add +0.9% |
| WMT Walmart Inc. | 0.70% | 21,265 | $2.6M | Reduce -9.5% |
| CVX Chevron Corp. | 0.65% | 11,863 | $2.5M | Reduce -48.5% |
| IGOV iShares International Treasu | 0.64% | 58,817 | $2.4M | Add +3.1% |
| CTA Simplify Managed Futures St | 0.64% | 79,657 | $2.4M | Add +4.8% |
| IWF iShares Russell 1000 Growth | 0.63% | 5,543 | $2.4M | Reduce -0.6% |
| IBB iShares Biotechnology ETF | 0.62% | 13,997 | $2.4M | Reduce -0.3% |
| XLRE SS Real Estate Select Sector | 0.62% | 57,489 | $2.3M | Add +5.0% |
| IWM iShares Russell 2000 ETF | 0.60% | 9,179 | $2.3M | Add +3.3% |
| MCD McDonald's Corp. | 0.59% | 7,197 | $2.2M | Reduce -31.0% |
| IYH iShares U.S. Healthcare ETF | 0.58% | 35,470 | $2.2M | Reduce -1.1% |
| SCHR Schwab Intermediate-Term US | 0.58% | 87,498 | $2.2M | Add +2.2% |
| QCOM Qualcomm Inc. | 0.55% | 16,013 | $2.1M | Reduce -87.2% |
| PG The Procter & Gamble Co. | 0.54% | 14,060 | $2.0M | Reduce -62.6% |
| MRK Merck & Co. Inc. | 0.53% | 16,535 | $2.0M | Add +32.5% |
| AGG iShares Core U.S. Aggregate | 0.50% | 24,200 | $1.9M | Add +10.5% |
| TPL Texas Pacific Land Corp. | 0.50% | 3,960 | $1.9M | Reduce -39.7% |
| IVE iShares S&P 500 Value ETF | 0.49% | 8,829 | $1.9M | Reduce -0.5% |
| PWB Invesco Large Cap Growth ETF | 0.49% | 14,782 | $1.9M | Reduce -5.0% |
| FTC First Trust Large Cap Growth | 0.49% | 12,045 | $1.9M | Reduce -2.3% |
| SUN Sunoco LP | 0.48% | 28,020 | $1.8M | Reduce -1.4% |
| CECO Ceco Environmental Corp. | 0.47% | 30,025 | $1.8M | Add +1.6% |
| SMLF iShares US Smallcap Equity F | 0.47% | 23,526 | $1.8M | Reduce -7.3% |
| IEFA iShares Core MSCI Eafe ETF | 0.47% | 19,541 | $1.8M | Reduce -0.3% |
| SHY iShares 1-3 Year Treasury Bo | 0.47% | 21,382 | $1.8M | Add +1.0% |
| ORCL Oracle Corp. | 0.46% | 11,836 | $1.7M | Add +68.4% |
| COWG Pacer US LRG Cap Cows GR LD | 0.46% | 51,512 | $1.7M | Reduce -1.4% |
| JPME JPM Diver Ret US MC Equity filed as J P MORGAN EXCHANGE TRADED F | 0.45% | 14,887 | $1.7M | Reduce -8.0% |
| CZA Invesco Zacks Mid-Cap ETF | 0.44% | 15,254 | $1.7M | Reduce -4.2% |
| RWL Invesco S&P 500 Revenue ETF | 0.44% | 14,609 | $1.7M | Add +23.6% |
| NJR New Jersey Resources Corp. | 0.44% | 30,514 | $1.7M | Add +0.3% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.44% | 11,838 | $1.7M | Add +0.0% |
| GS Goldman Sachs Group Inc. | 0.44% | 1,967 | $1.7M | Reduce -54.2% |
| FNY First Trust Mid Cap Growth | 0.43% | 17,948 | $1.6M | Reduce -5.5% |
| ANET Arista Networks Inc. | 0.43% | 13,192 | $1.6M | Reduce -1.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.43% | 2,793 | $1.6M | Reduce -93.0% |
| KLAC KLA Corp. | 0.42% | 1,086 | $1.6M | Reduce -89.6% |
| CSCO Cisco Systems Inc. | 0.42% | 20,499 | $1.6M | Reduce -64.6% |
| GILD Gilead Sciences Inc. | 0.41% | 11,184 | $1.6M | Reduce -5.1% |
| OMFS Invesco RSL 2000 DYN Mltfctr | 0.41% | 34,040 | $1.5M | Reduce -2.7% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.41% | 20,448 | $1.5M | Add +112.9% |
| RODM Hartford Multifact Dev MRKT | 0.40% | 38,443 | $1.5M | Reduce -3.1% |
| TLT iShares 20+ Year Treasury BD | 0.40% | 17,415 | $1.5M | Reduce -5.7% |
| FDT First Trust Develp MKT Ex-US | 0.40% | 17,336 | $1.5M | Reduce -7.5% |
| INTU Intuit Inc. | 0.40% | 3,462 | $1.5M | Add +921.2% |
| UIVM Victoryshares International | 0.40% | 21,909 | $1.5M | Reduce -4.9% |
| FYC First Trust Small Cap Growth | 0.39% | 15,276 | $1.5M | Reduce -8.2% |
| DBAW Xtrackers MSCI All World Ex | 0.39% | 34,361 | $1.5M | Reduce -3.0% |
| ISRG Intuitive Surgical Inc. | 0.39% | 3,168 | $1.5M | New |
| QAI Nylim HDG MLT-STR TRC ETF-Ui filed as NEW YORK LIFE INVESTMENTS ET | 0.39% | 42,777 | $1.5M | Add +4.3% |
| IWR iShares Russell Mid-Cap ETF | 0.38% | 14,838 | $1.4M | Add +6.4% |
| TSLA Tesla Inc. | 0.38% | 3,843 | $1.4M | Add +1.1% |
| ARM Arm Holdings PLC-ADR | 0.36% | 9,100 | $1.4M | Add +1.1% |
| PLTR Palantir Technologies Inc. Class A | 0.35% | 9,176 | $1.3M | Reduce -49.1% |
| MCK McKesson Corp. | 0.35% | 1,540 | $1.3M | Add +372.4% |
| V Visa Inc. Class A | 0.35% | 4,380 | $1.3M | Reduce -73.5% |
| SCHZ Schwab US Aggregate Bond ETF | 0.35% | 56,858 | $1.3M | Add +3.8% |
| JNJ Johnson & Johnson | 0.35% | 5,384 | $1.3M | Reduce -42.0% |
| IGV iShares Expanded Tech-Softwa | 0.34% | 16,206 | $1.3M | Add +0.6% |
| IYJ iShares U.S. Industrials ETF | 0.34% | 8,726 | $1.3M | Reduce -1.5% |
| MU Micron Technology Inc. | 0.34% | 3,800 | $1.3M | Add +99.2% |
| CLSE Convergence Long/Short Eqy | 0.33% | 44,516 | $1.3M | Add +4.9% |
| DBEM Xtrackers MSCI Emerging Mark | 0.33% | 36,598 | $1.2M | Reduce -7.8% |
| BSX Boston Scientific Corp. | 0.32% | 19,483 | $1.2M | New |
| ATO Atmos Energy Corp. | 0.32% | 6,561 | $1.2M | New |
| IJH iShares Core S&P Midcap ETF | 0.32% | 17,879 | $1.2M | Reduce -3.2% |
| GEV GE Vernova Inc. | 0.32% | 1,378 | $1.2M | Reduce -82.9% |
| AGOX Adaptive Alpha Opportunities | 0.32% | 45,041 | $1.2M | Add +0.8% |
| DELL Dell Technologies -C | 0.31% | 7,185 | $1.2M | Add +32.9% |
| IGM iShares Expanded Tech Sector | 0.31% | 9,871 | $1.2M | Add +2.4% |
| GE General Electric filed as GE AEROSPACE | 0.30% | 4,025 | $1.1M | Reduce -75.0% |
| SCHW Schwab (charles) Corp. | 0.30% | 12,070 | $1.1M | Reduce -58.2% |
| EMGF iShares Emerging Markets Equ | 0.30% | 18,743 | $1.1M | Reduce -6.8% |
| CAT Caterpillar Inc. | 0.29% | 1,556 | $1.1M | Reduce -41.6% |
| AGGY Wisdomtree Yield Enhanced US | 0.29% | 25,105 | $1.1M | Add +38.5% |
| WFC Wells Fargo & Co. | 0.29% | 13,678 | $1.1M | Add +4.8% |
| IVW iShares S&P 500 Growth ETF | 0.29% | 9,557 | $1.1M | Add +0.8% |
| MPWR Monolithic Power Systems Inc. | 0.28% | 973 | $1.1M | Reduce -45.2% |
| EFA iShares MSCI Eafe ETF | 0.27% | 10,513 | $1.0M | Add +8.2% |
| HYZD Wisdomtree Interest Rate Hed | 0.27% | 45,574 | $1.0M | Add +3.6% |
| GEM Goldman Sachs Activebeta Em | 0.26% | 22,867 | $988K | Reduce -2.4% |
Options reported separately and not counted above: INVESCO QQQ TR puts ($1.2M).
Portfolio Sells Q4 2025 → Q1 2026
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -16.1% | 3.29% | −1.10 |
| MSFT Microsoft Corp. | Reduce -77.0% | 1.36% | −0.45 |
| GOOGL Alphabet Inc. Class A | Reduce -24.4% | 0.81% | −0.44 |
| NVDA Nvidia Corp. | Reduce -34.0% | 1.79% | −0.39 |
| AMZN Amazon.com Inc. | Reduce -59.6% | 1.05% | −0.37 |
| UTHR United Therapeutics Corp. | Sold out | 0.00% | −0.32 |
| IYW iShares Ustechnology ETF | Reduce -0.8% | 1.70% | −0.31 |
| SCCO Southern Copper Corp. | Sold out | 0.00% | −0.27 |
| V Visa Inc. Class A | Reduce -73.5% | 0.35% | −0.26 |
| MSCI MSCI Inc. | Sold out | 0.00% | −0.23 |
| DBX Dropbox Inc. Class A | Sold out | 0.00% | −0.20 |
| WEX Wex Inc. | Sold out | 0.00% | −0.20 |
| DECK Deckers Outdoor Corp. | Sold out | 0.00% | −0.19 |
| JPM JPMorgan Chase & Co. | Reduce -25.1% | 1.06% | −0.19 |
| XLG Invesco S&P 500 Top 50 ETF | Sold out | 0.00% | −0.19 |
| MA Mastercard Inc. Class A | Reduce -55.8% | 0.11% | −0.19 |
| VRSN Verisign Inc. | Sold out | 0.00% | −0.18 |
| SNPS Synopsys Inc. | Sold out | 0.00% | −0.18 |
| LULU Lululemon Athletica Inc. | Sold out | 0.00% | −0.18 |
| ZM Zoom Communications Inc. | Reduce -73.2% | 0.05% | −0.18 |
| MPWR Monolithic Power Systems Inc. | Reduce -45.2% | 0.28% | −0.17 |
| KLAC KLA Corp. | Reduce -89.6% | 0.42% | −0.17 |
| MEDP Medpace Holdings Inc. | Reduce -41.3% | 0.15% | −0.17 |
| CPRT Copart Inc. | Sold out | 0.00% | −0.16 |
| EXPD Expeditors Intl Wash Inc. | Reduce -70.7% | 0.06% | −0.16 |
| RJF Raymond James Financial Inc. | Reduce -66.8% | 0.06% | −0.16 |
| ZTS Zoetis Inc. | Sold out | 0.00% | −0.16 |
| PAYX Paychex Inc. | Sold out | 0.00% | −0.16 |
| NFLX Netflix Inc. | Reduce -47.1% | 0.16% | −0.15 |
| ADSK Autodesk Inc. | Sold out | 0.00% | −0.13 |
| HD Home Depot Inc. | Reduce -26.2% | 1.02% | −0.13 |
| IDCC Interdigital Inc. | Reduce -34.0% | 0.17% | −0.12 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.12 |
| IWF iShares Russell 1000 Growth | Reduce -0.6% | 0.63% | −0.12 |
| FOXA Fox Corp. Class A | Reduce -20.2% | 0.17% | −0.12 |
| GOOG Alphabet Inc. Class C | Reduce -43.8% | 0.76% | −0.11 |
| VWO Vanguard Ftse Emerging Marke | Sold out | 0.00% | −0.09 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -42.8% | 0.11% | −0.09 |
| INCY Incyte Corp. | Reduce -24.6% | 0.18% | −0.09 |
| LRN Stride Inc. | Sold out | 0.00% | −0.09 |
| EOG EOG Resources Inc. | Reduce -67.7% | 0.06% | −0.09 |
| GOVI Invesco Equal Weight 0-30 YR | Sold out | 0.00% | −0.09 |
| ATRO Astronics Corp. | Reduce -50.2% | 0.12% | −0.09 |
| IYH iShares U.S. Healthcare ETF | Reduce -1.1% | 0.58% | −0.08 |
| VGT Vanguard Info Tech ETF | Reduce -96.2% | 0.17% | −0.08 |
| BAC Bank of America Corp. | Reduce -59.4% | 0.26% | −0.07 |
| EXPE Expedia Group Inc. | Sold out | 0.00% | −0.07 |
| GLDM SPDR Gold Minishares Trust | Sold out | 0.00% | −0.07 |
| SMLF iShares US Smallcap Equity F | Reduce -7.3% | 0.47% | −0.07 |
| PWB Invesco Large Cap Growth ETF | Reduce -5.0% | 0.49% | −0.07 |
Portfolio Buys Q4 2025 → Q1 2026
| SDCI Uscf Summerhaven Dynamic ETF | Add +67.6% | 2.56% | +1.24 |
| ISRG Intuitive Surgical Inc. | New | 0.39% | +0.39 |
| INTU Intuit Inc. | Add +921.2% | 0.40% | +0.33 |
| BSX Boston Scientific Corp. | New | 0.32% | +0.32 |
| ATO Atmos Energy Corp. | New | 0.32% | +0.32 |
| MCK McKesson Corp. | Add +372.4% | 0.35% | +0.28 |
| PANW Palo Alto Networks Inc. | New | 0.24% | +0.24 |
| MRK Merck & Co. Inc. | Add +32.5% | 0.53% | +0.24 |
| VLO Valero Energy Corp. | New | 0.23% | +0.23 |
| PODD Insulet Corp. | New | 0.23% | +0.23 |
| ETN Eaton Corp. PLC | New | 0.22% | +0.22 |
| COKE Coca-Cola Consolidated Inc. | New | 0.22% | +0.22 |
| TTD Trade Desk Inc./the Class A | New | 0.20% | +0.20 |
| TRV The Travelers Cos Inc. | New | 0.20% | +0.20 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +112.9% | 0.41% | +0.20 |
| AMP Ameriprise Financial Inc. | New | 0.19% | +0.19 |
| MU Micron Technology Inc. | Add +99.2% | 0.34% | +0.19 |
| MNST Monster Beverage Corp. | New | 0.19% | +0.19 |
| COP Conocophillips | New | 0.18% | +0.18 |
| AMAT Applied Materials Inc. | New | 0.18% | +0.18 |
| TT Trane Technologies PLC | New | 0.17% | +0.17 |
| ORCL Oracle Corp. | Add +68.4% | 0.46% | +0.17 |
| YUM Yum! Brands Inc. | New | 0.16% | +0.16 |
| ALL Allstate Corp. | New | 0.16% | +0.16 |
| GD General Dynamics Corp. | Add +168.3% | 0.25% | +0.15 |
| PWR Quanta Services Inc. | New | 0.15% | +0.15 |
| LRCX Lam Research Corp. | New | 0.14% | +0.14 |
| VEEV Veeva Systems Inc. Class A | New | 0.13% | +0.13 |
| ACGL Arch Capital Group Ltd. | New | 0.13% | +0.13 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 0.13% | +0.13 |
| DELL Dell Technologies -C | Add +32.9% | 0.31% | +0.12 |
| SPGI S&P Global Inc. | New | 0.12% | +0.12 |
| CDNS Cadence Design SYS Inc. | New | 0.11% | +0.11 |
| SGOL Abrdn Physical Gold Shares | Add +2.7% | 2.50% | +0.11 |
| NUGT Dirxn DLY GM Indx B2X ETF-Ui | New | 0.10% | +0.10 |
| FANG Diamondback Energy Inc. | New | 0.10% | +0.10 |
| WMB Williams Cos Inc. | New | 0.10% | +0.10 |
| MPC Marathon Petroleum Corp. | New | 0.10% | +0.10 |
| APP AppLovin Corp. Class A | Add +294.0% | 0.17% | +0.09 |
| FUTY Fidelity MSCI US Utilities | New | 0.09% | +0.09 |
| ARM Arm Holdings PLC-ADR | Add +1.1% | 0.36% | +0.09 |
| OR Or Royalties Inc. | New | 0.09% | +0.09 |
| RUSHB Rush Enterprises Inc. Class B | New | 0.08% | +0.08 |
| UVE Universal Insurance Holdings | New | 0.08% | +0.08 |
| ACN Accenture PLC Class A | Add +19.9% | 0.15% | +0.08 |
| OKE Oneok Inc. | New | 0.08% | +0.08 |
| MCRI Monarch Casino & Resort Inc. | New | 0.08% | +0.08 |
| CF CF Industries Holdings Inc. | Add +20.1% | 0.17% | +0.08 |
| CRM Salesforce Inc. | Add +181.3% | 0.18% | +0.08 |
| YORW York Water Co. | New | 0.08% | +0.08 |
Options Activity Q4 2025 → Q1 2026
| INVESCO QQQ TR | put | New | 2,000 | $1.2M |
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 |