Empower Advisory Group, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 9, 2025), Empower Advisory Group, LLC reported 495 stock positions worth $30.6 billion. Its top holding was Schwab Intl Equity ETF (SCHF) at 11.9% of the portfolio, followed by iShares Russell 2000 ETF (IWM, 5.3%) and Vanguard Ftse Emerging Marke (VWO, 5.0%). Compared with Q4 2024, it opened 24 new positions, sold out of 27, added to 215 and reduced 224. The biggest buy was Schwab Intl Equity ETF (SCHF, shares +2%) and the biggest sale Tesla (TSLA, shares −32%).
- Most Recent 13F
- Q2 2026
- Location
- Greenwood Village, CO
- CIK
- 0001978885
- Portfolio Value
- $30.6B (Q1 2025)
- SEC Filing
- 0001420506-25-000954 ↗ filed May 9, 2025
Holdings Value
Holdings 495 stocks · $30.6B
| SCHF Schwab Intl Equity ETF | 11.93% | 184,791,578 | $3.7B | Add +2.0% |
| IWM iShares Russell 2000 ETF | 5.30% | 8,144,065 | $1.6B | Add +3.4% |
| VWO Vanguard Ftse Emerging Marke | 5.04% | 34,082,971 | $1.5B | Add +4.3% |
| BSV Vanguard Short-Term Bond ETF | 4.42% | 17,300,844 | $1.4B | Add +6.0% |
| VNQ Vanguard Real Estate ETF | 4.10% | 13,858,639 | $1.3B | Add +17.5% |
| SCHP Schwab U.S. Tips ETF | 3.57% | 40,669,805 | $1.1B | Add +6.2% |
| VGIT Vanguard Intermediate-Term T | 3.54% | 18,245,406 | $1.1B | Add +6.9% |
| USIG iShares Broad Usd Investment | 2.62% | 15,696,044 | $801.8M | Add +7.5% |
| IAU iShares Gold Trust | 2.56% | 13,295,673 | $783.9M | Reduce -4.3% |
| VNQI Vanguard GLBL Ex-US Real Est | 2.21% | 16,737,874 | $677.2M | Add +1.3% |
| VGLT Vanguard Long-Term Treasury | 2.19% | 11,651,670 | $671.3M | Add +8.5% |
| SCHA Schwab US Small-Cap ETF | 2.02% | 26,393,000 | $618.4M | Add +4.2% |
| VSS Vanguard Ftse All Wo X-US SC | 1.83% | 4,853,903 | $561.1M | Add +6.5% |
| ESGD iShares Trust iShares ESG Aw | 1.56% | 5,858,225 | $478.6M | Reduce -1.8% |
| EBND State Street SPDR Bloomberg | 1.52% | 23,271,924 | $467.1M | Add +7.1% |
| AAPL Apple Inc. | 1.42% | 1,964,201 | $436.3M | Add +0.2% |
| VTI VG Morningstar TS MKT ETF-US | 1.39% | 1,553,459 | $427.0M | Reduce -6.9% |
| PDBC Invesco Optimum Yield Divers | 1.32% | 29,695,319 | $404.7M | Add +5.6% |
| SHYG iShares 0-5 YR HY Corp. Bond | 1.27% | 9,137,346 | $388.5M | Add +6.3% |
| BNDX Vanguard Total Intl Bond ETF | 1.12% | 7,047,977 | $344.1M | Add +6.9% |
| MSFT Microsoft Corp. | 1.10% | 897,145 | $336.8M | Add +1.1% |
| GOOG Alphabet Inc. Class C | 1.06% | 2,072,754 | $323.8M | Add +0.7% |
| AMZN Amazon.com Inc. | 0.98% | 1,570,327 | $298.8M | Add +0.3% |
| NVDA Nvidia Corp. | 0.87% | 2,458,500 | $266.5M | Reduce -11.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.86% | 493,795 | $263.0M | Add +0.9% |
| META Meta Platforms Inc. Class A | 0.83% | 439,353 | $253.2M | Add +1.7% |
| WMT Walmart Inc. | 0.75% | 2,613,040 | $229.4M | Reduce -0.3% |
| ESGE iShares Inc. iShares ESG Awar | 0.65% | 5,703,199 | $199.3M | Reduce -0.6% |
| MA Mastercard Inc. Class A | 0.65% | 361,958 | $198.4M | Reduce -15.0% |
| JPM JPMorgan Chase & Co. | 0.64% | 804,618 | $197.4M | Reduce -20.9% |
| XOM Exxon Mobil Corp. | 0.60% | 1,545,780 | $183.8M | Add +6.1% |
| NFLX Netflix Inc. | 0.60% | 196,682 | $183.4M | Reduce -9.4% |
| LLY Eli Lilly & Co. | 0.57% | 212,519 | $175.5M | Add +9.8% |
| COST Costco Wholesale Corp. | 0.55% | 176,713 | $167.1M | Reduce -0.0% |
| IWB iShares Russell 1000 ETF | 0.49% | 492,575 | $151.1M | Reduce -1.8% |
| ECL Ecolab Inc. | 0.48% | 584,920 | $148.3M | Add +1.4% |
| PG The Procter & Gamble Co. | 0.48% | 869,676 | $148.2M | Add +2.1% |
| TSLA Tesla Inc. | 0.48% | 569,115 | $147.5M | Reduce -32.5% |
| DUK Duke Energy Corp. | 0.48% | 1,196,214 | $145.9M | Add +3.2% |
| JNJ Johnson & Johnson | 0.46% | 844,166 | $140.0M | Add +15.4% |
| SBUX Starbucks Corp. | 0.45% | 1,391,632 | $136.5M | Add +1.4% |
| NEE Nextera Energy Inc. | 0.44% | 1,922,812 | $136.3M | Add +5.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.44% | 1,374,619 | $135.7M | Add +1.1% |
| SO The Southern Co. | 0.43% | 1,439,072 | $132.3M | Add +2.7% |
| UNH Unitedhealth Group Inc. | 0.43% | 251,890 | $131.9M | Add +6.8% |
| APD Air Products & Chemicals Inc. | 0.43% | 443,797 | $130.9M | Add +2.3% |
| CVX Chevron Corp. | 0.41% | 747,825 | $125.1M | Add +3.4% |
| ABT Abbott Laboratories | 0.40% | 916,083 | $121.5M | Reduce -0.1% |
| HD Home Depot Inc. | 0.39% | 323,414 | $118.5M | Add +1.4% |
| SHW The Sherwin-Williams Co. | 0.38% | 332,556 | $116.1M | Add +3.0% |
| LIN Linde PLC | 0.38% | 248,732 | $115.8M | Add +39.3% |
| T AT&T Inc. | 0.37% | 4,033,084 | $114.1M | Reduce -12.3% |
| PFE Pfizer Inc. | 0.37% | 4,419,125 | $112.0M | Add +14.7% |
| UPS United Parcel Service Class B | 0.35% | 971,981 | $106.9M | Add +18.3% |
| WM Waste Management Inc. | 0.34% | 453,452 | $105.0M | Add +1.6% |
| HON Honeywell International Inc. | 0.34% | 489,849 | $103.7M | Add +1.3% |
| ABBV Abbvie Inc. | 0.32% | 474,043 | $99.3M | Add +5.9% |
| FTNT Fortinet Inc. | 0.32% | 1,018,608 | $98.1M | Reduce -0.4% |
| AMGN Amgen Inc. | 0.32% | 314,529 | $98.0M | Add +3.6% |
| CRM Salesforce Inc. | 0.32% | 363,560 | $97.6M | Reduce -1.1% |
| VZ Verizon Communications Inc. | 0.31% | 2,060,380 | $93.5M | Add +0.1% |
| BKR Baker Hughes Co. | 0.30% | 2,120,493 | $93.2M | Add +0.5% |
| NEM Newmont Corp. | 0.29% | 1,862,732 | $89.9M | Add +2.7% |
| ITW Illinois Tool Works | 0.29% | 356,932 | $88.5M | Add +3.1% |
| PPL PPL Corp. | 0.29% | 2,433,328 | $87.9M | Add +2.5% |
| AEP American Electric Power | 0.28% | 798,194 | $87.2M | Add +3.5% |
| PBUS Invesco MSCI USA ETF | 0.28% | 1,544,010 | $86.5M | New |
| KO The Coca-Cola Co. | 0.28% | 1,186,168 | $85.0M | Add +3.6% |
| EVRG Evergy Inc. | 0.28% | 1,227,231 | $84.6M | Add +2.9% |
| CAT Caterpillar Inc. | 0.28% | 256,441 | $84.6M | Add +0.4% |
| SCCO Southern Copper Corp. | 0.28% | 904,224 | $84.5M | Add +17.0% |
| ESGU iShares ESG Aware MSCI USA | 0.28% | 692,883 | $84.5M | Reduce -7.4% |
| PNW Pinnacle West Capital | 0.27% | 878,290 | $83.7M | Add +0.6% |
| GS Goldman Sachs Group Inc. | 0.27% | 152,285 | $83.2M | Reduce -39.2% |
| SYY Sysco Corp. | 0.27% | 1,099,718 | $82.5M | Add +4.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.27% | 1,964,101 | $82.0M | Reduce -9.6% |
| CMG Chipotle Mexican Grill Inc. | 0.27% | 1,624,389 | $81.6M | Reduce -3.1% |
| LHX L3HARRIS Technologies Inc. | 0.26% | 387,774 | $81.2M | Add +4.7% |
| KMI Kinder Morgan Inc. | 0.26% | 2,753,144 | $78.5M | Reduce -27.4% |
| MNST Monster Beverage Corp. | 0.26% | 1,340,090 | $78.4M | Add +6.2% |
| TMUS T-Mobile US Inc. | 0.25% | 292,541 | $78.0M | Add +10.1% |
| CMCSA Comcast Corp. Class A | 0.25% | 2,104,750 | $77.7M | Add +8.1% |
| SRE Sempra | 0.25% | 1,080,710 | $77.1M | Add +0.9% |
| PGR Progressive Corp. | 0.25% | 271,856 | $76.9M | Add +12.5% |
| EMN Eastman Chemical Co. | 0.25% | 865,436 | $76.3M | Reduce -1.3% |
| DD Dupont DE Nemours Inc. | 0.25% | 1,009,520 | $75.4M | Add +3.3% |
| SCI Service Corp. International | 0.24% | 926,706 | $74.3M | Reduce -3.5% |
| IBKR Interactive Brokers Gro Class A | 0.24% | 447,651 | $74.1M | Reduce -33.9% |
| COP Conocophillips | 0.24% | 705,778 | $74.1M | Add +65.1% |
| MAS Masco Corp. | 0.24% | 1,038,964 | $72.2M | Add +2.3% |
| VLO Valero Energy Corp. | 0.23% | 544,667 | $71.9M | Add +7.0% |
| ES Eversource Energy | 0.23% | 1,153,566 | $71.6M | Add +4.6% |
| VRSK Verisk Analytics Inc. | 0.23% | 239,143 | $71.2M | Add +2.6% |
| NUE Nucor Corp. | 0.23% | 587,047 | $70.6M | Add +19.7% |
| ADM Archer-Daniels-Midland Co. | 0.23% | 1,456,637 | $69.9M | Add +19.9% |
| KHC The Kraft Heinz Co. | 0.22% | 2,248,858 | $68.4M | Add +10.4% |
| UBER Uber Technologies Inc. | 0.22% | 933,187 | $68.0M | Add +2.9% |
| WTRG Essential Utilities Inc. | 0.22% | 1,685,205 | $66.6M | Add +1.5% |
| EW Edwards Lifesciences Corp. | 0.22% | 915,171 | $66.3M | Add +18.0% |
| BA The Boeing Co. | 0.21% | 381,637 | $65.1M | Add +12.1% |
Portfolio Sells Q4 2024 → Q1 2025
| TSLA Tesla Inc. | Reduce -32.5% | 0.48% | −0.66 |
| NVDA Nvidia Corp. | Reduce -11.6% | 0.87% | −0.39 |
| SCHB Schwab US Broad Market ETF | Reduce -88.1% | 0.04% | −0.33 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -6.9% | 1.39% | −0.24 |
| GS Goldman Sachs Group Inc. | Reduce -39.2% | 0.27% | −0.21 |
| JPM JPMorgan Chase & Co. | Reduce -20.9% | 0.64% | −0.18 |
| CRL Charles River Laboratories | Reduce -98.0% | 0.00% | −0.17 |
| IBKR Interactive Brokers Gro Class A | Reduce -33.9% | 0.24% | −0.16 |
| MA Mastercard Inc. Class A | Reduce -15.0% | 0.65% | −0.11 |
| OC Owens Corning | Reduce -20.8% | 0.19% | −0.10 |
| CRM Salesforce Inc. | Reduce -1.1% | 0.32% | −0.10 |
| POR Portland General Electric Co. | Reduce -99.0% | 0.00% | −0.09 |
| KMI Kinder Morgan Inc. | Reduce -27.4% | 0.26% | −0.09 |
| CMG Chipotle Mexican Grill Inc. | Reduce -3.1% | 0.27% | −0.07 |
| PYPL PayPal Holdings Inc. | Reduce -1.4% | 0.20% | −0.07 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -92.4% | 0.01% | −0.07 |
| SANM Sanmina Corp. | Reduce -90.9% | 0.01% | −0.06 |
| BAC Bank of America Corp. | Reduce -9.6% | 0.27% | −0.05 |
| NFLX Netflix Inc. | Reduce -9.4% | 0.60% | −0.05 |
| IWB iShares Russell 1000 ETF | Reduce -1.8% | 0.49% | −0.05 |
| ESGU iShares ESG Aware MSCI USA | Reduce -7.4% | 0.28% | −0.05 |
| WMT Walmart Inc. | Reduce -0.3% | 0.75% | −0.05 |
| NWE Northwestern Energy Group Inc. | Reduce -95.6% | 0.00% | −0.05 |
| WERN Werner Enterprises Inc. | Reduce -97.7% | 0.00% | −0.04 |
| YETI Yeti Holdings Inc. | Reduce -97.6% | 0.00% | −0.04 |
| NKE Nike Inc. Class B | Reduce -2.6% | 0.15% | −0.04 |
| GVA Granite Construction Inc. | Reduce -17.5% | 0.06% | −0.03 |
| VOX Vanguard Communication Servi | Reduce -9.1% | 0.13% | −0.02 |
| EMN Eastman Chemical Co. | Reduce -1.3% | 0.25% | −0.02 |
| ITOT iShares Core S&P Total U.S. | Reduce -16.5% | 0.06% | −0.02 |
| AGG iShares Core U.S. Aggregate | Reduce -44.5% | 0.02% | −0.02 |
| SCI Service Corp. International | Reduce -3.5% | 0.24% | −0.02 |
| GOOGL Alphabet Inc. Class A | Reduce -3.5% | 0.05% | −0.01 |
| BKNG Booking Holdings Inc. | Reduce -3.5% | 0.08% | −0.01 |
| MAR Marriott International Class A | Reduce -3.0% | 0.05% | −0.01 |
| LOW Lowe's Cos Inc. | Reduce -2.1% | 0.09% | −0.01 |
| ADBE Adobe Inc. | Reduce -5.4% | 0.03% | −0.01 |
| RS Reliance Inc. | Reduce -19.3% | 0.04% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -6.8% | 0.04% | −0.01 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -10.4% | 0.02% | −0.01 |
| FTNT Fortinet Inc. | Reduce -0.4% | 0.32% | −0.01 |
| TWLO Twilio Inc. Class A | Reduce -48.6% | 0.00% | −0.01 |
| TTD Trade Desk Inc./the Class A | Reduce -13.5% | 0.00% | −0.00 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -3.2% | 0.06% | −0.00 |
| PPG PPG Industries Inc. | Reduce -2.1% | 0.03% | −0.00 |
| MSCI MSCI Inc. | Reduce -1.1% | 0.03% | −0.00 |
| NOW ServiceNow Inc. | Reduce -2.1% | 0.01% | −0.00 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -1.4% | 0.03% | −0.00 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -34.8% | 0.01% | −0.00 |
| VOO Vanguard S&P 500 ETF | Reduce -3.8% | 0.03% | −0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| SCHF Schwab Intl Equity ETF | Add +2.0% | 11.93% | +0.65 |
| VNQ Vanguard Real Estate ETF | Add +17.5% | 4.10% | +0.56 |
| PBUS Invesco MSCI USA ETF | New | 0.28% | +0.28 |
| SCHP Schwab U.S. Tips ETF | Add +6.2% | 3.57% | +0.24 |
| VGIT Vanguard Intermediate-Term T | Add +6.9% | 3.54% | +0.20 |
| VGLT Vanguard Long-Term Treasury | Add +8.5% | 2.19% | +0.19 |
| VWO Vanguard Ftse Emerging Marke | Add +4.3% | 5.04% | +0.19 |
| SYK Stryker Corp. | Add +7245.8% | 0.18% | +0.18 |
| BSV Vanguard Short-Term Bond ETF | Add +6.0% | 4.42% | +0.17 |
| WMB Williams Cos Inc. | New | 0.16% | +0.16 |
| USIG iShares Broad Usd Investment | Add +7.5% | 2.62% | +0.15 |
| LIN Linde PLC | Add +39.3% | 0.38% | +0.13 |
| KKR KKR & Co. Inc. | New | 0.11% | +0.11 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.9% | 0.86% | +0.11 |
| FCX Freeport-McMoran Inc. | Add +158.8% | 0.18% | +0.11 |
| JNJ Johnson & Johnson | Add +15.4% | 0.46% | +0.10 |
| COP Conocophillips | Add +65.1% | 0.24% | +0.10 |
| EBND State Street SPDR Bloomberg | Add +7.1% | 1.52% | +0.10 |
| PDBC Invesco Optimum Yield Divers | Add +5.6% | 1.32% | +0.09 |
| VSS Vanguard Ftse All Wo X-US SC | Add +6.5% | 1.83% | +0.07 |
| XOM Exxon Mobil Corp. | Add +6.1% | 0.60% | +0.07 |
| LLY Eli Lilly & Co. | Add +9.8% | 0.57% | +0.07 |
| NEM Newmont Corp. | Add +2.7% | 0.29% | +0.07 |
| TMUS T-Mobile US Inc. | Add +10.1% | 0.25% | +0.06 |
| ABBV Abbvie Inc. | Add +5.9% | 0.32% | +0.06 |
| PGR Progressive Corp. | Add +12.5% | 0.25% | +0.06 |
| DUK Duke Energy Corp. | Add +3.2% | 0.48% | +0.06 |
| CVX Chevron Corp. | Add +3.4% | 0.41% | +0.06 |
| AMGN Amgen Inc. | Add +3.6% | 0.32% | +0.05 |
| IJR iShares Core S&P Small-Cap E | Add +289.4% | 0.07% | +0.05 |
| AEP American Electric Power | Add +3.5% | 0.28% | +0.05 |
| SO The Southern Co. | Add +2.7% | 0.43% | +0.04 |
| PEG Public Service Enterprise GP | Add +2602.4% | 0.04% | +0.04 |
| VEEV Veeva Systems Inc. Class A | Add +16.7% | 0.20% | +0.04 |
| WM Waste Management Inc. | Add +1.6% | 0.34% | +0.04 |
| SCCO Southern Copper Corp. | Add +17.0% | 0.28% | +0.04 |
| NUE Nucor Corp. | Add +19.7% | 0.23% | +0.04 |
| UBER Uber Technologies Inc. | Add +2.9% | 0.22% | +0.04 |
| KO The Coca-Cola Co. | Add +3.6% | 0.28% | +0.04 |
| EOG EOG Resources Inc. | Add +22.4% | 0.18% | +0.04 |
| BNDX Vanguard Total Intl Bond ETF | Add +6.9% | 1.12% | +0.03 |
| SHYG iShares 0-5 YR HY Corp. Bond | Add +6.3% | 1.27% | +0.03 |
| MNST Monster Beverage Corp. | Add +6.2% | 0.26% | +0.03 |
| EVRG Evergy Inc. | Add +2.9% | 0.28% | +0.03 |
| UNH Unitedhealth Group Inc. | Add +6.8% | 0.43% | +0.03 |
| ECL Ecolab Inc. | Add +1.4% | 0.48% | +0.03 |
| VZ Verizon Communications Inc. | Add +0.1% | 0.31% | +0.03 |
| PPL PPL Corp. | Add +2.5% | 0.29% | +0.03 |
| KVUE Kenvue Inc. | Add +6.8% | 0.19% | +0.03 |
| VCR Vanguard Consumer Discre ETF | Add +736.3% | 0.03% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 532 | $41.9B | SCHF, IWM, VWO, BSV, VNQ |
| Q1 2026 | 510 | $38.5B | SCHF, IWM, VWO, BSV, VNQ |
| Q4 2025 | 501 | $37.0B | SCHF, IWM, VWO, BSV, VNQ |
| Q3 2025 | 528 | $36.1B | SCHF, IWM, VWO, BSV, VNQ |
| Q2 2025 | 497 | $33.4B | SCHF, IWM, VWO, BSV, VNQ |
| Q1 2025 | 495 | $30.6B | SCHF, IWM, VWO, BSV, VNQ |
| Q4 2024 | 498 | $29.7B | SCHF, IWM, VWO, BSV, VNQ |
| Q3 2024 | 502 | $29.6B | SCHF, IWM, VWO, BSV, VNQ |
| Q2 2024 | 490 | $26.9B | SCHF, IWM, VWO, BSV, VNQ |
| Q1 2024 | 495 | $26.7B | SCHF, IWM, VWO, BSV, VNQ |