Empirical Capital Management, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 21, 2025), Empirical Capital Management, LLC reported 12 stock positions worth $132.6 million. Its top holding was Amazon.com (AMZN) at 16.5% of the portfolio, followed by Palantir Technologies Class A (PLTR, 16.3%) and Roku (ROKU, 15.9%). Compared with Q3 2024, it sold out of 7, added to 2 and reduced 3. The biggest buy was Xpo (XPO, shares +12%) and the biggest sale an exit from Microsoft (MSFT).
- Most Recent 13F
- Q2 2026
- Location
- HENDERSONVILLE, TN
- CIK
- 0001642274
- Portfolio Value
- $132.6M (Q4 2024)
- SEC Filing
- 0001642274-25-000001 ↗ filed Feb 21, 2025
Holdings Value
Holdings 12 stocks · $132.6M
| AMZN Amazon.com Inc. | 16.54% | 100,000 | $21.9M | No change |
| PLTR Palantir Technologies Inc. Class A | 16.25% | 285,000 | $21.6M | Reduce -29.3% |
| ROKU Roku Inc. | 15.95% | 284,500 | $21.1M | Add +0.5% |
| WMT Walmart Inc. | 11.58% | 170,000 | $15.4M | No change |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 9.11% | 100,000 | $12.1M | No change |
| COST Costco Wholesale Corp. | 7.84% | 11,350 | $10.4M | No change |
| XPO Xpo Inc. | 5.54% | 56,000 | $7.3M | Add +12.0% |
| JBHT Hunt (jb) Transprt SVCS Inc. | 5.21% | 40,500 | $6.9M | No change |
| PINS Pinterest Inc. Class A | 4.48% | 205,024 | $5.9M | No change |
| MRTN Marten Transport Ltd. | 3.53% | 300,000 | $4.7M | Reduce -6.3% |
| FDX FedEx Corp. | 3.39% | 16,000 | $4.5M | No change |
| DG Dollar General Corp. | 0.57% | 10,000 | $758K | Reduce -72.2% |
Portfolio Sells Q3 2024 → Q4 2024
| MSFT Microsoft Corp. | Sold out | 0.00% | −6.01 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −2.35 |
| DLTR Dollar Tree Inc. | Sold out | 0.00% | −2.07 |
| FIVE Five Below | Sold out | 0.00% | −1.85 |
| EA Electronic Arts Inc. | Sold out | 0.00% | −1.62 |
| DG Dollar General Corp. | Reduce -72.2% | 0.57% | −1.56 |
| MRTN Marten Transport Ltd. | Reduce -6.3% | 3.53% | −0.43 |
| QXO Qxo Inc. | Sold out | 0.00% | −0.33 |
| NVDA Nvidia Corp. | Sold out | 0.00% | −0.25 |
| PLTR Palantir Technologies Inc. Class A | Reduce -29.3% | 16.25% | +5.78 |
Portfolio Buys Q3 2024 → Q4 2024
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 17 | $365.9M | TTWO, ROKU, GOOGL, COST, AMZN |
| Q1 2026 | 15 | $166.9M | GOOGL, ROKU, WMT, TTWO, AMZN |
| Q4 2025 | 11 | $152.1M | ROKU, GOOGL, TTWO, WMT, AMZN |
| Q3 2025 | 12 | $147.9M | ROKU, PLTR, TTWO, WMT, AMZN |
| Q2 2025 | 14 | $161.5M | PLTR, ROKU, AMZN, WMT, TTWO |
| Q1 2025 | 14 | $140.8M | PLTR, ROKU, AMZN, WMT, TTWO |
| Q4 2024 | 12 | $132.6M | AMZN, PLTR, ROKU, WMT, TJX |
| Q3 2024 | 19 | $143.1M | ROKU, AMZN, PLTR, WMT, TJX |
| Q2 2024 | 16 | $140.3M | AMZN, GOOG, COST, PINS, WMT |
| Q1 2024 | 17 | $123.2M | AMZN, COST, WMT, ROKU, TJX |