Empower Advisory Group, LLC

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 12, 2026), Empower Advisory Group, LLC reported 532 stock positions worth $41.9 billion. Its top holding was Schwab Intl Equity ETF (SCHF) at 12.1% of the portfolio, followed by iShares Russell 2000 ETF (IWM, 5.7%) and Vanguard Ftse Emerging Marke (VWO, 5.1%). Compared with Q1 2026, it opened 41 new positions, sold out of 20, added to 243 and reduced 191. The biggest buy was Schwab US Small-Cap ETF (SCHA, shares +2%) and the biggest sale Invesco Optimum Yield Divers (PDBC, shares −5%).

Most Recent 13F
Q2 2026
Location
Greenwood Village, CO
CIK
0001978885
Portfolio Value
$41.9B (Q2 2026)
SEC Filing
0001420506-26-001546 ↗ filed Aug 12, 2026

Holdings Value

0$10.0B$20.0B$30.0B$40.0B$50.0B Q1 2024: $26.7B Q1 2024 Q2 2024: $26.9B Q2 2024 Q3 2024: $29.6B Q3 2024 Q4 2024: $29.7B Q4 2024 Q1 2025: $30.6B Q1 2025 Q2 2025: $33.4B Q2 2025 Q3 2025: $36.1B Q3 2025 Q4 2025: $37.0B Q4 2025 Q1 2026: $38.5B Q1 2026 Q2 2026: $41.9B $41.9B Q2 2026

Holdings 532 stocks · $41.9B

SCHF Schwab Intl Equity ETF 12.06% 182,562,625 $5.1B Reduce -1.7%
IWM iShares Russell 2000 ETF 5.68% 7,928,734 $2.4B Reduce -7.7%
VWO Vanguard Ftse Emerging Marke 5.09% 35,767,193 $2.1B Add +0.7%
BSV Vanguard Short-Term Bond ETF 4.52% 24,303,617 $1.9B Add +7.8%
VNQ Vanguard Real Estate ETF 4.05% 17,590,235 $1.7B Add +4.2%
VGIT Vanguard Intermediate-Term T 3.60% 25,562,812 $1.5B Add +8.3%
SCHP Schwab U.S. Tips ETF 3.58% 56,682,533 $1.5B Add +6.7%
SCHA Schwab US Small-Cap ETF 3.25% 37,697,754 $1.4B Add +2.1%
USIG iShares Broad Usd Investment 2.68% 21,938,094 $1.1B Add +7.8%
VGLT Vanguard Long-Term Treasury 2.23% 16,920,030 $933.6M Add +8.8%
VSS Vanguard Ftse All Wo X-US SC 1.86% 5,041,385 $777.8M Add +0.8%
VNQI Vanguard GLBL Ex-US Real Est 1.66% 15,483,969 $694.5M Add +6.3%
EBND State Street SPDR Bloomberg 1.49% 29,889,679 $625.3M Add +8.1%
AAPL Apple Inc. 1.45% 2,096,561 $606.7M Reduce -0.3%
NVDA Nvidia Corp. 1.35% 2,832,261 $566.7M Reduce -1.9%
ESGD iShares Trust iShares ESG Aw 1.33% 5,431,650 $558.4M Reduce -0.8%
SHYG iShares 0-5 YR HY Corp. Bond 1.32% 13,050,164 $553.5M Add +7.9%
GLDM SPDR Gold Minishares Trust 1.25% 6,581,765 $522.7M Add +10.6%
PDBC Invesco Optimum Yield Divers 1.24% 32,745,235 $520.0M Reduce -5.1%
VTI VG Morningstar TS MKT ETF-US 1.22% 1,378,311 $510.0M Add +5.9%
AMZN Amazon.com Inc. 1.22% 2,139,156 $509.8M Add +0.5%
GOOG Alphabet Inc. Class C 1.21% 1,429,431 $505.1M Add +0.1%
BNDX Vanguard Total Intl Bond ETF 1.14% 9,884,431 $478.7M Add +12.7%
MSFT Microsoft Corp. 1.05% 1,174,622 $438.2M Add +4.8%
IAU iShares Gold Trust 0.94% 5,237,754 $395.5M Reduce -3.1%
META Meta Platforms Inc. Class A 0.82% 608,286 $342.6M Add +8.7%
LLY Eli Lilly & Co. 0.77% 268,075 $321.5M Add +3.2%
WMT Walmart Inc. 0.72% 2,678,512 $303.4M Add +0.4%
JPM JPMorgan Chase & Co. 0.69% 884,396 $289.5M Add +2.0%
TSLA Tesla Inc. 0.69% 687,262 $289.1M Add +3.9%
BRK.B Berkshire Hathaway Inc. Class B 0.66% 553,421 $276.9M Add +3.7%
ESGE iShares Inc. iShares ESG Awar 0.61% 4,655,004 $254.6M Reduce -10.9%
XOM Exxon Mobil Corp. 0.58% 1,778,973 $243.2M Add +1.4%
JNJ Johnson & Johnson 0.55% 905,317 $229.9M Add +0.9%
MA Mastercard Inc. Class A 0.54% 439,850 $225.9M Add +8.8%
UNH Unitedhealth Group Inc. 0.50% 501,433 $208.4M Add +13.4%
NEE Nextera Energy Inc. 0.45% 2,148,375 $188.6M Add +1.9%
LIN Linde PLC 0.44% 351,687 $182.5M Add +3.4%
CAT Caterpillar Inc. 0.44% 171,332 $182.5M Reduce -0.3%
COST Costco Wholesale Corp. 0.43% 194,416 $181.9M Add +2.6%
DUK Duke Energy Corp. 0.42% 1,406,743 $178.1M Add +3.5%
GE General Electric filed as GE AEROSPACE 0.42% 475,630 $177.8M Add +17.5%
IWB iShares Russell 1000 ETF 0.42% 430,492 $176.3M Reduce -2.7%
PG The Procter & Gamble Co. 0.40% 1,147,249 $168.2M Add +8.0%
AVGO Broadcom Inc. 0.40% 440,326 $166.3M Reduce -0.5%
DASH DoorDash Inc. Class A 0.39% 886,708 $163.6M Add +74.7%
SO The Southern Co. 0.37% 1,634,931 $156.5M Add +3.3%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.37% 1,606,937 $154.7M Add +5.1%
NUE Nucor Corp. 0.36% 683,400 $152.2M Reduce -0.8%
RSP Invesco S&P 500 Equal Weight 0.36% 709,955 $151.1M Add +9.1%
CVX Chevron Corp. 0.35% 893,452 $148.1M Add +2.3%
HD Home Depot Inc. 0.35% 418,548 $147.6M Add +9.9%
ECL Ecolab Inc. 0.33% 502,698 $140.1M Reduce -19.4%
MNST Monster Beverage Corp. 0.33% 1,453,855 $139.7M Add +1.1%
NFLX Netflix Inc. 0.33% 1,924,471 $137.4M Add +4.5%
NEM Newmont Corp. 0.32% 1,452,242 $135.6M Reduce -0.2%
SCCO Southern Copper Corp. 0.32% 761,440 $132.7M Add +11.5%
ADM Archer-Daniels-Midland Co. 0.31% 1,718,328 $131.3M Add +0.7%
SBUX Starbucks Corp. 0.31% 1,256,740 $128.4M Add +1.7%
ABBV Abbvie Inc. 0.30% 507,376 $127.7M Reduce -1.4%
AMGN Amgen Inc. 0.30% 349,667 $126.6M Add +2.1%
UPS United Parcel Service Class B 0.30% 1,159,700 $124.7M Add +1.1%
AEP American Electric Power 0.29% 883,476 $120.9M Add +1.8%
KO The Coca-Cola Co. 0.29% 1,483,851 $120.6M Add +12.8%
DLTR Dollar Tree Inc. 0.29% 996,913 $120.6M Add +3.1%
APD Air Products & Chemicals Inc. 0.28% 403,505 $118.3M Add +4.0%
COP Conocophillips 0.28% 1,121,787 $116.6M Add +27.1%
PFE Pfizer Inc. 0.28% 4,830,581 $116.3M Reduce -14.1%
BAC Bank of America Corp. 0.28% 2,023,849 $115.3M Add +1.0%
WM Waste Management Inc. 0.27% 516,221 $115.1M Add +4.1%
CEG Constellation Energy 0.27% 456,220 $113.3M Add +28.5%
FCX Freeport-McMoran Inc. 0.26% 1,716,132 $107.9M Add +2.1%
PGR Progressive Corp. 0.26% 493,071 $107.7M Add +12.3%
SRE Sempra 0.25% 1,146,724 $106.3M Reduce -6.1%
ITW Illinois Tool Works 0.25% 391,313 $105.8M Add +1.2%
SPYM Ste STR SPDR PT S&P 500 ETF 0.24% 1,151,797 $101.2M Reduce -44.1%
GS Goldman Sachs Group Inc. 0.24% 99,927 $101.1M Add +0.7%
VMC Vulcan Materials Co. 0.24% 341,908 $100.9M Add +13.5%
VLO Valero Energy Corp. 0.24% 383,974 $100.0M Reduce -35.9%
SHW The Sherwin-Williams Co. 0.24% 289,805 $99.8M Add +0.4%
PPL PPL Corp. 0.24% 2,727,832 $99.2M Add +2.4%
LHX L3HARRIS Technologies Inc. 0.24% 340,136 $98.8M Reduce -14.4%
FTNT Fortinet Inc. 0.23% 635,048 $97.6M Reduce -37.8%
VZ Verizon Communications Inc. 0.23% 2,286,352 $96.8M Add +6.0%
IBKR Interactive Brokers Gro Class A 0.23% 1,111,873 $96.8M Add +0.5%
SYY Sysco Corp. 0.23% 1,156,132 $96.6M Add +2.4%
PNW Pinnacle West Capital 0.23% 901,686 $96.5M Add +1.6%
CMG Chipotle Mexican Grill Inc. 0.23% 2,818,363 $95.8M Add +22.6%
TGT Target Corp. 0.23% 728,102 $95.1M Add +2.3%
RTX RTX Corp. 0.23% 497,192 $94.3M Add +4.7%
MAS Masco Corp. 0.23% 1,159,225 $94.3M Add +2.4%
ES Eversource Energy 0.22% 1,301,909 $94.1M Add +2.0%
EVRG Evergy Inc. 0.22% 1,082,040 $93.5M Add +1.3%
KMI Kinder Morgan Inc. 0.22% 2,880,841 $92.1M Add +1.3%
ABT Abbott Laboratories 0.20% 934,540 $84.8M Reduce -1.4%
CMCSA Comcast Corp. Class A 0.20% 3,436,733 $84.4M Add +6.5%
ESGU iShares ESG Aware MSCI USA 0.20% 510,183 $83.5M Add +1.3%
BA The Boeing Co. 0.20% 385,384 $83.4M Add +7.8%
VAW Vanguard Materials ETF 0.20% 363,505 $83.2M Add +5.8%
PEP Pepsico Inc. 0.20% 612,908 $83.0M Add +7.9%

Show all 532 holdings

Portfolio Sells Q1 2026 → Q2 2026

PDBC Invesco Optimum Yield Divers Reduce -5.1% 1.24% −0.31
IAU iShares Gold Trust Reduce -3.1% 0.94% −0.29
BKR Baker Hughes Co. Reduce -42.4% 0.17% −0.18
HON Honeywell International Inc. Reduce -2.0% 0.14% −0.17
SPYM Ste STR SPDR PT S&P 500 ETF Reduce -44.1% 0.24% −0.17
D Dominion Energy Inc. Reduce -99.2% 0.00% −0.16
MTCH Match Group Inc. Reduce -86.5% 0.03% −0.15
VLO Valero Energy Corp. Reduce -35.9% 0.24% −0.15
PFE Pfizer Inc. Reduce -14.1% 0.28% −0.13
T AT&T Inc. Reduce -7.5% 0.20% −0.13
LHX L3HARRIS Technologies Inc. Reduce -14.4% 0.24% −0.12
ECL Ecolab Inc. Reduce -19.4% 0.33% −0.10
NEM Newmont Corp. Reduce -0.2% 0.32% −0.09
SRE Sempra Reduce -6.1% 0.25% −0.05
ABT Abbott Laboratories Reduce -1.4% 0.20% −0.05
SYK Stryker Corp. Reduce -15.3% 0.10% −0.04
ESGD iShares Trust iShares ESG Aw Reduce -0.8% 1.33% −0.03
VST Vistra Corp. Reduce -14.7% 0.12% −0.03
VDE Vanguard Energy ETF Reduce -0.6% 0.09% −0.02
HONA Honeywell Aerospace Inc. Reduce -2.0% 0.14% −0.01
ESGE iShares Inc. iShares ESG Awar Reduce -10.9% 0.61% −0.01
TJX TJX Companies Inc. Reduce -1.1% 0.05% −0.01
MASI Masimo Corp. Sold out 0.00% −0.01
SPY SS SPDR S&P 500 ETF Trust-US Reduce -18.9% 0.03% −0.01
AES AES Corp. Reduce -80.6% 0.00% −0.00
PBUS Invesco MSCI USA ETF Reduce -35.4% 0.01% −0.00
INTU Intuit Inc. Reduce -7.0% 0.00% −0.00
VTEB Vanguard Tax-Exempt Bond ETF Reduce -0.0% 0.03% −0.00
XYL Xylem Inc. Reduce -0.4% 0.02% −0.00
MCD McDonald's Corp. Reduce -2.1% 0.01% −0.00
BILL Bill Holdings Inc. Sold out 0.00% −0.00
ITOT iShares Core S&P Total U.S. Reduce -10.1% 0.04% −0.00
AGG iShares Core U.S. Aggregate Reduce -5.0% 0.01% −0.00
PLTR Palantir Technologies Inc. Class A Reduce -6.5% 0.00% −0.00
BHRB Burke & Herbert Financial SE Sold out 0.00% −0.00
ACN Accenture PLC Class A Reduce -19.1% 0.00% −0.00
LQD Ishr Ibx Usd Invgd CB ETF-Ui Sold out 0.00% −0.00
VEU Vanguard Ftse All-World Ex-U Reduce -5.2% 0.05% −0.00
CPSS Consumer Portfolio Services Sold out 0.00% −0.00
DHI D.R. Horton Inc. Sold out 0.00% −0.00
TEL Te Connectivity PLC Reduce -58.7% 0.00% −0.00
AIZ Assurant Inc. Sold out 0.00% −0.00
IBIT iShares Bitcoin Trust ETF Reduce -5.2% 0.00% −0.00
MKC McCormick & Co.-Non VTG SHRS Sold out 0.00% −0.00
AKRE Akre Focus ETF Reduce -33.6% 0.00% −0.00
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -7.2% 0.01% −0.00
XLK SS Technology Select Sector Reduce -36.7% 0.01% −0.00
KTOS Kratos Defense & Security Sold out 0.00% −0.00
GBTC Grayscale Bitcoin Trust ETF Reduce -17.4% 0.00% −0.00
MGK Vngrd Mrgstr MG CP GR ETF-Ui Reduce -51.8% 0.00% −0.00

Portfolio Buys Q1 2026 → Q2 2026

SCHA Schwab US Small-Cap ETF Add +2.1% 3.25% +0.46
DASH DoorDash Inc. Class A Add +74.7% 0.39% +0.19
UNH Unitedhealth Group Inc. Add +13.4% 0.50% +0.19
EXC Exelon Corp. New 0.16% +0.16
VNQ Vanguard Real Estate ETF Add +4.2% 4.05% +0.16
SLB SLB Ltd. Add +22724.3% 0.15% +0.15
LLY Eli Lilly & Co. Add +3.2% 0.77% +0.15
GOOG Alphabet Inc. Class C Add +0.1% 1.21% +0.14
PSX Phillips 66 Add +24708.2% 0.14% +0.13
ISRG Intuitive Surgical Inc. Add +7473.5% 0.14% +0.13
VTI VG Morningstar TS MKT ETF-US Add +5.9% 1.22% +0.13
GE General Electric Add +17.5% 0.42% +0.13
SNOW Snowflake Inc. Add +75.8% 0.19% +0.12
VWO Vanguard Ftse Emerging Marke Add +0.7% 5.09% +0.11
HOOD Robinhood Markets Inc. Class A Add +85.9% 0.17% +0.10
KKR KKR & Co. Inc. Add +138.3% 0.19% +0.10
AMZN Amazon.com Inc. Add +0.5% 1.22% +0.07
MNST Monster Beverage Corp. Add +1.1% 0.33% +0.06
TSLA Tesla Inc. Add +3.9% 0.69% +0.05
BNDX Vanguard Total Intl Bond ETF Add +12.7% 1.14% +0.05
MAS Masco Corp. Add +2.4% 0.23% +0.05
IBKR Interactive Brokers Gro Class A Add +0.5% 0.23% +0.04
CMG Chipotle Mexican Grill Inc. Add +22.6% 0.23% +0.04
DKNG Draftkings Inc. Class A Add +29.4% 0.13% +0.04
RSP Invesco S&P 500 Equal Weight Add +9.1% 0.36% +0.04
PGR Progressive Corp. Add +12.3% 0.26% +0.03
JPM JPMorgan Chase & Co. Add +2.0% 0.69% +0.03
KO The Coca-Cola Co. Add +12.8% 0.29% +0.03
VMC Vulcan Materials Co. Add +13.5% 0.24% +0.03
HD Home Depot Inc. Add +9.9% 0.35% +0.03
KMB Kimberly-Clark Corp. Add +16.8% 0.15% +0.03
PANW Palo Alto Networks Inc. Add +6.6% 0.05% +0.03
VEEV Veeva Systems Inc. Class A Add +30.3% 0.15% +0.03
GS Goldman Sachs Group Inc. Add +0.7% 0.24% +0.02
BAC Bank of America Corp. Add +1.0% 0.28% +0.02
SYY Sysco Corp. Add +2.4% 0.23% +0.02
SBUX Starbucks Corp. Add +1.7% 0.31% +0.02
GVA Granite Construction Inc. Add +0.7% 0.10% +0.02
MA Mastercard Inc. Class A Add +8.8% 0.54% +0.01
ESGU iShares ESG Aware MSCI USA Add +1.3% 0.20% +0.01
BA The Boeing Co. Add +7.8% 0.20% +0.01
CEG Constellation Energy Add +28.5% 0.27% +0.01
DLTR Dollar Tree Inc. Add +3.1% 0.29% +0.01
EW Edwards Lifesciences Corp. Add +2.5% 0.19% +0.01
SCCO Southern Copper Corp. Add +11.5% 0.32% +0.01
VHT Vanguard Health Care ETF Add +46.0% 0.03% +0.01
EBND State Street SPDR Bloomberg Add +8.1% 1.49% +0.01
GEV GE Vernova Inc. Add +6.8% 0.04% +0.01
APP AppLovin Corp. Class A Add +32.3% 0.03% +0.01
VCR Vanguard Consumer Discre ETF Add +14.1% 0.05% +0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 532$41.9BSCHF, IWM, VWO, BSV, VNQ
Q1 2026 510$38.5BSCHF, IWM, VWO, BSV, VNQ
Q4 2025 501$37.0BSCHF, IWM, VWO, BSV, VNQ
Q3 2025 528$36.1BSCHF, IWM, VWO, BSV, VNQ
Q2 2025 497$33.4BSCHF, IWM, VWO, BSV, VNQ
Q1 2025 495$30.6BSCHF, IWM, VWO, BSV, VNQ
Q4 2024 498$29.7BSCHF, IWM, VWO, BSV, VNQ
Q3 2024 502$29.6BSCHF, IWM, VWO, BSV, VNQ
Q2 2024 490$26.9BSCHF, IWM, VWO, BSV, VNQ
Q1 2024 495$26.7BSCHF, IWM, VWO, BSV, VNQ