Empirical Capital Management, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 10, 2026), Empirical Capital Management, LLC reported 11 stock positions worth $152.1 million. Its top holding was Roku (ROKU) at 18.9% of the portfolio, followed by Alphabet Class A (GOOGL, 17.0%) and Take-Two Interactive Softwre (TTWO, 12.7%). Compared with Q3 2025, it opened 1 new position, sold out of 2, added to 2 and reduced 2. The biggest buy was Alphabet Class A (GOOGL, shares +38%) and the biggest sale Palantir Technologies Class A (PLTR, shares −32%).
- Most Recent 13F
- Q2 2026
- Location
- HENDERSONVILLE, TN
- CIK
- 0001642274
- Portfolio Value
- $152.1M (Q4 2025)
- SEC Filing
- 0001642274-26-000004 ↗ filed Feb 10, 2026
Holdings Value
Holdings 11 stocks · $152.1M
| ROKU Roku Inc. | 18.87% | 264,661 | $28.7M | No change |
| GOOGL Alphabet Inc. Class A | 16.97% | 82,500 | $25.8M | Add +37.5% |
| TTWO Take-Two Interactive Softwre | 12.71% | 75,500 | $19.3M | Add +7.1% |
| WMT Walmart Inc. | 12.45% | 170,000 | $18.9M | No change |
| AMZN Amazon.com Inc. | 10.86% | 71,600 | $16.5M | No change |
| PLTR Palantir Technologies Inc. Class A | 7.94% | 68,000 | $12.1M | Reduce -32.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 7.83% | 77,500 | $11.9M | No change |
| COST Costco Wholesale Corp. | 6.43% | 11,350 | $9.8M | No change |
| XPO Xpo Inc. | 3.31% | 37,000 | $5.0M | Reduce -26.0% |
| TSLA Tesla Inc. | 1.77% | 6,000 | $2.7M | No change |
| TFIN Triumph Financial Inc. | 0.85% | 20,725 | $1.3M | New |
Portfolio Sells Q3 2025 → Q4 2025
Portfolio Buys Q3 2025 → Q4 2025
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 |