Empower Advisory Group, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 12, 2026), Empower Advisory Group, LLC reported 501 stock positions worth $37.0 billion. Its top holding was Schwab Intl Equity ETF (SCHF) at 11.7% of the portfolio, followed by iShares Russell 2000 ETF (IWM, 5.6%) and Vanguard Ftse Emerging Marke (VWO, 4.9%). Compared with Q3 2025, it opened 33 new positions, sold out of 61, added to 242 and reduced 195. The biggest buy was Invesco MSCI USA ETF (PBUS, shares +4428%) and the biggest sale Vanguard Ftse Emerging Marke (VWO, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- Greenwood Village, CO
- CIK
- 0001978885
- Portfolio Value
- $37.0B (Q4 2025)
- SEC Filing
- 0001420506-26-000324 ↗ filed Feb 12, 2026
Holdings Value
Holdings 501 stocks · $37.0B
| SCHF Schwab Intl Equity ETF | 11.74% | 180,778,097 | $4.3B | Reduce -3.0% |
| IWM iShares Russell 2000 ETF | 5.63% | 8,470,296 | $2.1B | Reduce -1.7% |
| VWO Vanguard Ftse Emerging Marke | 4.95% | 34,070,052 | $1.8B | Reduce -2.5% |
| BSV Vanguard Short-Term Bond ETF | 4.46% | 20,972,198 | $1.7B | Add +7.4% |
| VNQ Vanguard Real Estate ETF | 3.86% | 16,150,941 | $1.4B | Add +7.6% |
| SCHP Schwab U.S. Tips ETF | 3.55% | 49,666,971 | $1.3B | Add +8.9% |
| VGIT Vanguard Intermediate-Term T | 3.54% | 21,891,841 | $1.3B | Add +7.2% |
| USIG iShares Broad Usd Investment | 2.64% | 18,917,043 | $979.3M | Add +7.8% |
| SCHA Schwab US Small-Cap ETF | 2.62% | 34,024,368 | $969.0M | Reduce -0.5% |
| VGLT Vanguard Long-Term Treasury | 2.17% | 14,411,863 | $804.2M | Add +7.6% |
| VSS Vanguard Ftse All Wo X-US SC | 1.91% | 4,944,180 | $708.6M | Reduce -0.2% |
| VNQI Vanguard GLBL Ex-US Real Est | 1.75% | 14,158,418 | $649.0M | Add +2.1% |
| GOOG Alphabet Inc. Class C | 1.70% | 2,010,266 | $630.8M | Reduce -7.4% |
| ESGD iShares Trust iShares ESG Aw | 1.69% | 6,562,442 | $624.0M | Add +16.9% |
| AAPL Apple Inc. | 1.56% | 2,129,082 | $578.8M | Reduce -1.1% |
| EBND State Street SPDR Bloomberg | 1.51% | 26,107,425 | $557.9M | Add +3.9% |
| VTI VG Morningstar TS MKT ETF-US | 1.50% | 1,656,574 | $555.4M | Add +6.1% |
| NVDA Nvidia Corp. | 1.45% | 2,885,628 | $538.2M | Reduce -1.0% |
| GLDM SPDR Gold Minishares Trust | 1.35% | 5,868,543 | $501.0M | Add +3.8% |
| SHYG iShares 0-5 YR HY Corp. Bond | 1.29% | 11,141,123 | $477.6M | Add +8.3% |
| MSFT Microsoft Corp. | 1.22% | 935,599 | $452.5M | Reduce -0.8% |
| AMZN Amazon.com Inc. | 1.22% | 1,949,994 | $450.1M | Add +1.1% |
| IAU iShares Gold Trust | 1.21% | 5,520,278 | $448.1M | Reduce -6.0% |
| PDBC Invesco Optimum Yield Divers | 1.18% | 32,894,638 | $435.9M | Add +0.2% |
| BNDX Vanguard Total Intl Bond ETF | 1.07% | 8,168,332 | $394.7M | Add +6.1% |
| META Meta Platforms Inc. Class A | 0.86% | 483,056 | $318.9M | Add +4.9% |
| WMT Walmart Inc. | 0.80% | 2,646,007 | $294.8M | Reduce -0.9% |
| TSLA Tesla Inc. | 0.79% | 649,122 | $291.9M | Reduce -1.5% |
| ESGE iShares Inc. iShares ESG Awar | 0.76% | 6,376,748 | $281.7M | Add +15.5% |
| JPM JPMorgan Chase & Co. | 0.73% | 840,037 | $270.7M | Add +0.2% |
| LLY Eli Lilly & Co. | 0.72% | 249,601 | $268.2M | Add +1.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.68% | 504,101 | $253.4M | Reduce -0.9% |
| MA Mastercard Inc. Class A | 0.58% | 375,188 | $214.2M | Add +0.2% |
| XOM Exxon Mobil Corp. | 0.55% | 1,696,176 | $204.1M | Add +0.5% |
| JNJ Johnson & Johnson | 0.50% | 889,379 | $184.1M | Reduce -0.7% |
| NEE Nextera Energy Inc. | 0.45% | 2,067,761 | $166.0M | Add +0.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.44% | 1,439,260 | $163.7M | Reduce -0.7% |
| ECL Ecolab Inc. | 0.43% | 602,671 | $158.2M | Reduce -0.2% |
| COST Costco Wholesale Corp. | 0.42% | 179,960 | $155.2M | Reduce -0.9% |
| DUK Duke Energy Corp. | 0.41% | 1,295,190 | $151.8M | Add +0.8% |
| AVGO Broadcom Inc. | 0.41% | 437,423 | $151.4M | Add +0.3% |
| NEM Newmont Corp. | 0.39% | 1,464,590 | $146.2M | Reduce -20.0% |
| CAT Caterpillar Inc. | 0.39% | 252,716 | $144.8M | Reduce -5.6% |
| SCCO Southern Copper Corp. | 0.38% | 987,170 | $141.6M | Reduce -1.8% |
| NFLX Netflix Inc. | 0.38% | 1,490,223 | $139.7M | Add +0.1% |
| PBUS Invesco MSCI USA ETF | 0.37% | 1,992,565 | $136.4M | Add +4427.7% |
| HD Home Depot Inc. | 0.36% | 388,741 | $133.8M | Add +11.3% |
| PG The Procter & Gamble Co. | 0.35% | 895,554 | $128.3M | Reduce -4.9% |
| UNH Unitedhealth Group Inc. | 0.35% | 388,672 | $128.3M | Add +9.2% |
| PFE Pfizer Inc. | 0.35% | 5,143,619 | $128.1M | Add +2.1% |
| SO The Southern Co. | 0.34% | 1,460,599 | $127.4M | Reduce -2.8% |
| CVX Chevron Corp. | 0.34% | 830,060 | $126.5M | Add +1.2% |
| DASH DoorDash Inc. Class A | 0.34% | 548,494 | $124.2M | Add +27.4% |
| GS Goldman Sachs Group Inc. | 0.33% | 140,916 | $123.9M | Reduce -6.3% |
| ALB Albemarle Corp. | 0.33% | 872,359 | $123.4M | Reduce -1.6% |
| CEG Constellation Energy | 0.32% | 334,074 | $118.0M | Add +0.9% |
| LHX L3HARRIS Technologies Inc. | 0.32% | 399,888 | $117.4M | Reduce -1.7% |
| IWB iShares Russell 1000 ETF | 0.31% | 307,337 | $114.8M | Reduce -34.2% |
| ABT Abbott Laboratories | 0.31% | 907,992 | $113.8M | Reduce -2.1% |
| IBKR Interactive Brokers Gro Class A | 0.31% | 1,765,368 | $113.5M | Reduce -4.3% |
| ESGU iShares ESG Aware MSCI USA | 0.31% | 761,908 | $113.5M | Add +11.7% |
| DLTR Dollar Tree Inc. | 0.31% | 919,973 | $113.2M | Reduce -2.3% |
| UPS United Parcel Service Class B | 0.30% | 1,114,786 | $110.6M | Add +3.1% |
| ABBV Abbvie Inc. | 0.30% | 482,607 | $110.3M | Reduce -4.3% |
| NUE Nucor Corp. | 0.30% | 672,853 | $109.7M | Add +1.2% |
| AMGN Amgen Inc. | 0.29% | 333,071 | $109.0M | Add +0.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.29% | 1,966,610 | $108.2M | Reduce -1.8% |
| MNST Monster Beverage Corp. | 0.28% | 1,374,643 | $105.4M | Reduce -2.7% |
| SRE Sempra | 0.28% | 1,184,185 | $104.6M | Add +0.7% |
| WM Waste Management Inc. | 0.28% | 474,864 | $104.3M | Add +0.4% |
| T AT&T Inc. | 0.27% | 4,093,291 | $101.7M | Reduce -0.5% |
| SBUX Starbucks Corp. | 0.27% | 1,181,330 | $99.5M | Reduce -2.3% |
| HON Honeywell International Inc. | 0.27% | 506,364 | $98.8M | Add +0.2% |
| BKR Baker Hughes Co. | 0.27% | 2,159,624 | $98.3M | Reduce -2.7% |
| CRM Salesforce Inc. | 0.26% | 364,596 | $96.6M | Reduce -1.2% |
| ADM Archer-Daniels-Midland Co. | 0.26% | 1,652,881 | $95.0M | Add +1.4% |
| AEP American Electric Power | 0.26% | 822,497 | $94.8M | Reduce -2.3% |
| ITW Illinois Tool Works | 0.26% | 384,129 | $94.6M | Add +1.0% |
| VLO Valero Energy Corp. | 0.25% | 578,329 | $94.1M | Reduce -2.4% |
| PPL PPL Corp. | 0.24% | 2,509,179 | $87.9M | Reduce -1.4% |
| SHW The Sherwin-Williams Co. | 0.24% | 268,982 | $87.2M | Reduce -4.4% |
| KO The Coca-Cola Co. | 0.23% | 1,237,036 | $86.5M | Reduce -1.1% |
| VZ Verizon Communications Inc. | 0.23% | 2,111,625 | $86.0M | Add +0.4% |
| LIN Linde PLC | 0.23% | 198,633 | $84.7M | Reduce -29.6% |
| ES Eversource Energy | 0.23% | 1,242,854 | $83.7M | Reduce -0.5% |
| SYY Sysco Corp. | 0.22% | 1,105,654 | $81.5M | Reduce -0.3% |
| VAW Vanguard Materials ETF | 0.22% | 387,117 | $80.3M | Add +11.2% |
| FCX Freeport-McMoran Inc. | 0.22% | 1,579,966 | $80.2M | Add +3.5% |
| RTX RTX Corp. | 0.22% | 437,530 | $80.2M | Reduce -0.6% |
| PGR Progressive Corp. | 0.21% | 347,788 | $79.2M | Add +14.2% |
| FTNT Fortinet Inc. | 0.21% | 966,752 | $76.8M | Reduce -3.4% |
| PNW Pinnacle West Capital | 0.21% | 862,517 | $76.5M | Add +0.0% |
| APD Air Products & Chemicals Inc. | 0.21% | 309,201 | $76.4M | Reduce -21.4% |
| VPU Vanguard Utilities ETF | 0.21% | 411,752 | $76.2M | Add +10.5% |
| COP Conocophillips | 0.20% | 809,028 | $75.7M | Add +4.1% |
| KMI Kinder Morgan Inc. | 0.20% | 2,724,901 | $74.9M | Reduce -2.5% |
| CMG Chipotle Mexican Grill Inc. | 0.20% | 2,020,173 | $74.7M | Add +11.9% |
| BA The Boeing Co. | 0.20% | 342,905 | $74.5M | Reduce -16.8% |
| EVRG Evergy Inc. | 0.20% | 1,014,134 | $73.5M | Reduce -3.9% |
| MAS Masco Corp. | 0.20% | 1,138,845 | $72.3M | Add +0.3% |
Portfolio Sells Q3 2025 → Q4 2025
| VWO Vanguard Ftse Emerging Marke | Reduce -2.5% | 4.95% | −0.30 |
| SCHF Schwab Intl Equity ETF | Reduce -3.0% | 11.74% | −0.30 |
| IWB iShares Russell 1000 ETF | Reduce -34.2% | 0.31% | −0.16 |
| IWM iShares Russell 2000 ETF | Reduce -1.7% | 5.63% | −0.15 |
| LIN Linde PLC | Reduce -29.6% | 0.23% | −0.14 |
| MSFT Microsoft Corp. | Reduce -0.8% | 1.22% | −0.13 |
| Q Qnity Electronics Inc. | Reduce -98.3% | 0.00% | −0.11 |
| APD Air Products & Chemicals Inc. | Reduce -21.4% | 0.21% | −0.09 |
| SYK Stryker Corp. | Reduce -36.6% | 0.09% | −0.07 |
| TMUS T-Mobile US Inc. | Reduce -11.1% | 0.16% | −0.06 |
| PG The Procter & Gamble Co. | Reduce -4.9% | 0.35% | −0.05 |
| NVDA Nvidia Corp. | Reduce -1.0% | 1.45% | −0.05 |
| SO The Southern Co. | Reduce -2.8% | 0.34% | −0.05 |
| T AT&T Inc. | Reduce -0.5% | 0.27% | −0.05 |
| COST Costco Wholesale Corp. | Reduce -0.9% | 0.42% | −0.05 |
| BA The Boeing Co. | Reduce -16.8% | 0.20% | −0.05 |
| IBKR Interactive Brokers Gro Class A | Reduce -4.3% | 0.31% | −0.05 |
| VSS Vanguard Ftse All Wo X-US SC | Reduce -0.2% | 1.91% | −0.04 |
| VRSK Verisk Analytics Inc. | Reduce -12.1% | 0.14% | −0.04 |
| LOW Lowe's Cos Inc. | Reduce -75.1% | 0.01% | −0.04 |
| OC Owens Corning | Reduce -1.1% | 0.13% | −0.04 |
| ABT Abbott Laboratories | Reduce -2.1% | 0.31% | −0.04 |
| SHW The Sherwin-Williams Co. | Reduce -4.4% | 0.24% | −0.03 |
| PYPL PayPal Holdings Inc. | Reduce -3.9% | 0.15% | −0.03 |
| BKR Baker Hughes Co. | Reduce -2.7% | 0.27% | −0.03 |
| NEM Newmont Corp. | Reduce -20.0% | 0.39% | −0.03 |
| SYY Sysco Corp. | Reduce -0.3% | 0.22% | −0.03 |
| ECL Ecolab Inc. | Reduce -0.2% | 0.43% | −0.03 |
| SCHA Schwab US Small-Cap ETF | Reduce -0.5% | 2.62% | −0.03 |
| NKE Nike Inc. Class B | Reduce -7.2% | 0.13% | −0.03 |
| LHX L3HARRIS Technologies Inc. | Reduce -1.7% | 0.32% | −0.03 |
| FTNT Fortinet Inc. | Reduce -3.4% | 0.21% | −0.03 |
| ABBV Abbvie Inc. | Reduce -4.3% | 0.30% | −0.03 |
| VLO Valero Energy Corp. | Reduce -2.4% | 0.25% | −0.03 |
| PPL PPL Corp. | Reduce -1.4% | 0.24% | −0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.9% | 0.68% | −0.02 |
| EVRG Evergy Inc. | Reduce -3.9% | 0.20% | −0.02 |
| TSLA Tesla Inc. | Reduce -1.5% | 0.79% | −0.02 |
| KHC The Kraft Heinz Co. | Reduce -3.9% | 0.15% | −0.02 |
| ES Eversource Energy | Reduce -0.5% | 0.23% | −0.02 |
| DIS The Walt Disney Co. | Reduce -0.7% | 0.44% | −0.02 |
| WTRG Essential Utilities Inc. | Reduce -3.0% | 0.17% | −0.02 |
| KMI Kinder Morgan Inc. | Reduce -2.5% | 0.20% | −0.02 |
| EOG EOG Resources Inc. | Reduce -3.1% | 0.13% | −0.02 |
| EW Edwards Lifesciences Corp. | Reduce -13.6% | 0.19% | −0.02 |
| SBUX Starbucks Corp. | Reduce -2.3% | 0.27% | −0.01 |
| CMCSA Comcast Corp. Class A | Reduce -0.1% | 0.18% | −0.01 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -29.8% | 0.03% | −0.01 |
| ITOT iShares Core S&P Total U.S. | Reduce -21.8% | 0.04% | −0.01 |
| VEA Vanguard Ftse Developed ETF | Reduce -22.1% | 0.04% | −0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| PBUS Invesco MSCI USA ETF | Add +4427.7% | 0.37% | +0.36 |
| ESGD iShares Trust iShares ESG Aw | Add +16.9% | 1.69% | +0.24 |
| LLY Eli Lilly & Co. | Add +1.6% | 0.72% | +0.20 |
| BSV Vanguard Short-Term Bond ETF | Add +7.4% | 4.46% | +0.19 |
| GLDM SPDR Gold Minishares Trust | Add +3.8% | 1.35% | +0.15 |
| SCHP Schwab U.S. Tips ETF | Add +8.9% | 3.55% | +0.15 |
| VGIT Vanguard Intermediate-Term T | Add +7.2% | 3.54% | +0.14 |
| GE General Electric | Add +3950.5% | 0.12% | +0.11 |
| USIG iShares Broad Usd Investment | Add +7.8% | 2.64% | +0.10 |
| ESGE iShares Inc. iShares ESG Awar | Add +15.5% | 0.76% | +0.10 |
| VTI VG Morningstar TS MKT ETF-US | Add +6.1% | 1.50% | +0.08 |
| VGLT Vanguard Long-Term Treasury | Add +7.6% | 2.17% | +0.06 |
| SHYG iShares 0-5 YR HY Corp. Bond | Add +8.3% | 1.29% | +0.05 |
| VNQ Vanguard Real Estate ETF | Add +7.6% | 3.86% | +0.05 |
| FCX Freeport-McMoran Inc. | Add +3.5% | 0.22% | +0.05 |
| UPS United Parcel Service Class B | Add +3.1% | 0.30% | +0.05 |
| NUE Nucor Corp. | Add +1.2% | 0.30% | +0.05 |
| AMZN Amazon.com Inc. | Add +1.1% | 1.22% | +0.04 |
| MDB Mongodb Inc. | Add +97.6% | 0.06% | +0.04 |
| AMGN Amgen Inc. | Add +0.2% | 0.29% | +0.03 |
| ESGU iShares ESG Aware MSCI USA | Add +11.7% | 0.31% | +0.03 |
| VMC Vulcan Materials Co. | Add +26.6% | 0.19% | +0.02 |
| XOM Exxon Mobil Corp. | Add +0.5% | 0.55% | +0.02 |
| BGRN iShares Usd Green Bond ETF | Add +18.0% | 0.16% | +0.02 |
| VAW Vanguard Materials ETF | Add +11.2% | 0.22% | +0.02 |
| EBND State Street SPDR Bloomberg | Add +3.9% | 1.51% | +0.02 |
| NEE Nextera Energy Inc. | Add +0.7% | 0.45% | +0.02 |
| MRK Merck & Co. Inc. | Add +18.9% | 0.06% | +0.02 |
| DKNG Draftkings Inc. Class A | Add +42.3% | 0.08% | +0.02 |
| TGT Target Corp. | Add +4.1% | 0.18% | +0.02 |
| CEG Constellation Energy | Add +0.9% | 0.32% | +0.02 |
| MAR Marriott International Class A | Add +18.3% | 0.05% | +0.01 |
| C Citigroup Inc. | Add +13.6% | 0.06% | +0.01 |
| TJX TJX Companies Inc. | Add +16.2% | 0.07% | +0.01 |
| PEP Pepsico Inc. | Add +6.8% | 0.19% | +0.01 |
| VDC Vanguard Consumer Staple ETF | Add +12.9% | 0.14% | +0.01 |
| EXPD Expeditors Intl Wash Inc. | Add +17.7% | 0.04% | +0.01 |
| VOX Vanguard Communication Servi | Add +7.6% | 0.15% | +0.01 |
| DASH DoorDash Inc. Class A | Add +27.4% | 0.34% | +0.01 |
| VPU Vanguard Utilities ETF | Add +10.5% | 0.21% | +0.01 |
| BNDX Vanguard Total Intl Bond ETF | Add +6.1% | 1.07% | +0.01 |
| AVGO Broadcom Inc. | Add +0.3% | 0.41% | +0.01 |
| TMO Thermo Fisher Scientific Inc. | Add +16.3% | 0.04% | +0.01 |
| SCHW Schwab (charles) Corp. | Add +18.9% | 0.05% | +0.01 |
| SCHB Schwab US Broad Market ETF | Add +23.4% | 0.04% | +0.01 |
| AMD Advanced Micro Devices | Add +28.3% | 0.02% | +0.01 |
| VDE Vanguard Energy ETF | Add +11.1% | 0.09% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +25.6% | 0.03% | +0.01 |
| BKNG Booking Holdings Inc. | Add +14.3% | 0.07% | +0.01 |
| UNH Unitedhealth Group Inc. | Add +9.2% | 0.35% | +0.01 |
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 |