Empower Advisory Group, LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 14, 2026), Empower Advisory Group, LLC reported 510 stock positions worth $38.5 billion. Its top holding was Schwab Intl Equity ETF (SCHF) at 11.9% of the portfolio, followed by iShares Russell 2000 ETF (IWM, 5.5%) and Vanguard Ftse Emerging Marke (VWO, 5.0%). Compared with Q4 2025, it opened 52 new positions, sold out of 43, added to 199 and reduced 227. The biggest buy was Ste STR SPDR PT S&P 500 ETF (SPYM, shares +1693%) and the biggest sale Alphabet Class C (GOOG, shares −29%).

Most Recent 13F
Q2 2026
Location
Greenwood Village, CO
CIK
0001978885
Portfolio Value
$38.5B (Q1 2026)
SEC Filing
0001420506-26-000999 ↗ filed May 14, 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 $38.5B Q1 2026 Q2 2026: $41.9B Q2 2026

Holdings 510 stocks · $38.5B

SCHF Schwab Intl Equity ETF 11.93% 185,695,369 $4.6B Add +2.7%
IWM iShares Russell 2000 ETF 5.53% 8,590,751 $2.1B Add +1.4%
VWO Vanguard Ftse Emerging Marke 4.99% 35,534,123 $1.9B Add +4.3%
BSV Vanguard Short-Term Bond ETF 4.59% 22,545,470 $1.8B Add +7.5%
VNQ Vanguard Real Estate ETF 3.89% 16,879,079 $1.5B Add +4.5%
SCHP Schwab U.S. Tips ETF 3.67% 53,127,493 $1.4B Add +7.0%
VGIT Vanguard Intermediate-Term T 3.65% 23,598,179 $1.4B Add +7.8%
SCHA Schwab US Small-Cap ETF 2.79% 36,903,750 $1.1B Add +8.5%
USIG iShares Broad Usd Investment 2.71% 20,349,943 $1.0B Add +7.6%
VGLT Vanguard Long-Term Treasury 2.23% 15,544,156 $860.4M Add +7.9%
VSS Vanguard Ftse All Wo X-US SC 1.89% 4,998,653 $728.8M Add +1.1%
VNQI Vanguard GLBL Ex-US Real Est 1.68% 14,572,465 $647.7M Add +2.9%
PDBC Invesco Optimum Yield Divers 1.55% 34,501,583 $597.6M Add +4.9%
EBND State Street SPDR Bloomberg 1.48% 27,649,126 $570.7M Add +5.9%
GLDM SPDR Gold Minishares Trust 1.43% 5,951,012 $551.6M Add +1.4%
AAPL Apple Inc. 1.39% 2,102,992 $533.7M Reduce -1.2%
ESGD iShares Trust iShares ESG Aw 1.36% 5,474,027 $523.4M Reduce -16.6%
SHYG iShares 0-5 YR HY Corp. Bond 1.33% 12,094,500 $511.7M Add +8.6%
NVDA Nvidia Corp. 1.31% 2,888,694 $503.8M Add +0.1%
IAU iShares Gold Trust 1.24% 5,404,160 $476.4M Reduce -2.1%
AMZN Amazon.com Inc. 1.15% 2,128,797 $443.4M Add +9.2%
BNDX Vanguard Total Intl Bond ETF 1.09% 8,769,158 $421.4M Add +7.4%
VTI VG Morningstar TS MKT ETF-US 1.08% 1,301,303 $417.5M Reduce -21.4%
MSFT Microsoft Corp. 1.08% 1,120,799 $414.9M Add +19.8%
GOOG Alphabet Inc. Class C 1.06% 1,428,163 $409.7M Reduce -29.0%
WMT Walmart Inc. 0.86% 2,667,112 $331.5M Add +0.8%
META Meta Platforms Inc. Class A 0.83% 559,472 $320.1M Add +15.8%
XOM Exxon Mobil Corp. 0.77% 1,754,841 $297.7M Add +3.5%
BRK.B Berkshire Hathaway Inc. Class B 0.66% 533,470 $255.6M Add +5.8%
JPM JPMorgan Chase & Co. 0.66% 866,890 $255.0M Add +3.2%
TSLA Tesla Inc. 0.64% 661,557 $245.9M Add +1.9%
LLY Eli Lilly & Co. 0.62% 259,772 $238.9M Add +4.1%
ESGE iShares Inc. iShares ESG Awar 0.62% 5,223,149 $237.5M Reduce -18.1%
JNJ Johnson & Johnson 0.57% 897,518 $219.4M Add +0.9%
MA Mastercard Inc. Class A 0.52% 404,083 $201.9M Add +7.7%
NEE Nextera Energy Inc. 0.51% 2,108,480 $195.8M Add +2.0%
COST Costco Wholesale Corp. 0.49% 189,531 $188.9M Add +5.3%
CVX Chevron Corp. 0.47% 873,185 $180.7M Add +5.2%
DUK Duke Energy Corp. 0.46% 1,358,766 $177.9M Add +4.9%
NFLX Netflix Inc. 0.46% 1,841,822 $177.1M Add +23.6%
LIN Linde PLC 0.44% 339,982 $168.5M Add +71.2%
ECL Ecolab Inc. 0.43% 623,655 $165.9M Add +3.5%
PFE Pfizer Inc. 0.41% 5,626,122 $158.0M Add +9.4%
IWB iShares Russell 1000 ETF 0.41% 442,559 $157.8M Add +44.0%
SPYM Ste STR SPDR PT S&P 500 ETF 0.41% 2,059,639 $157.6M Add +1693.1%
NEM Newmont Corp. 0.41% 1,455,249 $157.5M Reduce -0.6%
PG The Procter & Gamble Co. 0.40% 1,062,532 $153.5M Add +18.6%
SO The Southern Co. 0.40% 1,583,291 $152.8M Add +8.4%
VLO Valero Energy Corp. 0.38% 598,838 $148.0M Add +3.5%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.38% 1,528,842 $147.3M Add +6.2%
LHX L3HARRIS Technologies Inc. 0.36% 397,394 $137.2M Reduce -0.6%
AVGO Broadcom Inc. 0.36% 442,412 $136.9M Add +1.1%
BKR Baker Hughes Co. 0.35% 2,234,731 $136.4M Add +3.5%
HD Home Depot Inc. 0.33% 380,889 $125.3M Reduce -2.0%
RSP Invesco S&P 500 Equal Weight 0.32% 650,682 $124.9M Add +26710.1%
ADM Archer-Daniels-Midland Co. 0.32% 1,705,726 $124.0M Add +3.2%
T AT&T Inc. 0.32% 4,270,141 $123.8M Add +4.3%
CAT Caterpillar Inc. 0.32% 171,890 $121.8M Reduce -32.0%
AMGN Amgen Inc. 0.31% 342,412 $120.5M Add +2.8%
UNH Unitedhealth Group Inc. 0.31% 442,159 $119.6M Add +13.8%
SRE Sempra 0.31% 1,221,072 $118.7M Add +3.1%
HON Honeywell International Inc. 0.31% 524,883 $118.6M Add +3.7%
SCCO Southern Copper Corp. 0.30% 682,807 $117.5M Reduce -30.8%
NUE Nucor Corp. 0.30% 688,836 $116.5M Add +2.4%
COP Conocophillips 0.30% 882,296 $116.5M Add +9.1%
GE General Electric filed as GE AEROSPACE 0.30% 404,936 $114.9M Add +189.8%
WM Waste Management Inc. 0.30% 495,981 $114.0M Add +4.5%
AEP American Electric Power 0.30% 867,624 $113.7M Add +5.5%
UPS United Parcel Service Class B 0.29% 1,147,635 $112.9M Add +3.0%
APD Air Products & Chemicals Inc. 0.29% 388,184 $112.8M Add +25.5%
ABBV Abbvie Inc. 0.29% 514,594 $111.9M Add +6.6%
SBUX Starbucks Corp. 0.29% 1,235,589 $110.7M Add +4.6%
VZ Verizon Communications Inc. 0.28% 2,155,883 $108.2M Add +2.1%
ALB Albemarle Corp. 0.28% 599,454 $107.6M Reduce -31.3%
DLTR Dollar Tree Inc. 0.27% 967,149 $105.9M Add +5.1%
MNST Monster Beverage Corp. 0.27% 1,438,185 $104.2M Add +4.6%
DOW Dow Inc. filed as DOW HLDGS INC 0.27% 2,466,005 $102.7M Add +6.2%
PPL PPL Corp. 0.26% 2,663,033 $101.7M Add +6.1%
ITW Illinois Tool Works 0.26% 386,628 $100.6M Add +0.7%
KO The Coca-Cola Co. 0.26% 1,314,924 $100.0M Add +6.3%
CEG Constellation Energy 0.26% 355,053 $99.1M Add +6.3%
FCX Freeport-McMoran Inc. 0.26% 1,680,521 $98.8M Add +6.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.25% 2,003,620 $97.7M Add +1.9%
ABT Abbott Laboratories 0.25% 948,125 $97.3M Add +4.4%
KMI Kinder Morgan Inc. 0.25% 2,843,227 $95.3M Add +4.3%
CMCSA Comcast Corp. Class A 0.24% 3,227,699 $92.7M Add +41.8%
SHW The Sherwin-Williams Co. 0.24% 288,542 $92.5M Add +7.3%
RTX RTX Corp. 0.24% 474,786 $91.6M Add +8.5%
PNW Pinnacle West Capital 0.23% 887,609 $89.4M Add +2.9%
ES Eversource Energy 0.23% 1,276,081 $88.4M Add +2.7%
PEP Pepsico Inc. 0.23% 568,018 $88.2M Add +13.9%
EVRG Evergy Inc. 0.23% 1,068,450 $87.5M Add +5.4%
PGR Progressive Corp. 0.23% 438,969 $87.0M Add +26.2%
TGT Target Corp. 0.22% 711,963 $86.3M Add +4.6%
TMUS T-Mobile US Inc. 0.22% 403,831 $84.8M Add +41.3%
GS Goldman Sachs Group Inc. 0.22% 99,209 $83.9M Reduce -29.6%
FTNT Fortinet Inc. 0.22% 1,020,338 $83.4M Add +5.5%
VMC Vulcan Materials Co. 0.21% 301,236 $82.0M Add +20.3%
SYY Sysco Corp. 0.21% 1,129,566 $80.6M Add +2.2%
VAW Vanguard Materials ETF 0.20% 343,740 $77.5M Reduce -11.2%

Show all 510 holdings

Portfolio Sells Q4 2025 → Q1 2026

GOOG Alphabet Inc. Class C Reduce -29.0% 1.06% −0.64
VTI VG Morningstar TS MKT ETF-US Reduce -21.4% 1.08% −0.42
PBUS Invesco MSCI USA ETF Reduce -96.3% 0.01% −0.36
ESGD iShares Trust iShares ESG Aw Reduce -16.6% 1.36% −0.33
AES AES Corp. Reduce -96.6% 0.01% −0.18
AAPL Apple Inc. Reduce -1.2% 1.39% −0.18
PYPL PayPal Holdings Inc. Reduce -98.3% 0.00% −0.15
ESGE iShares Inc. iShares ESG Awar Reduce -18.1% 0.62% −0.14
DASH DoorDash Inc. Class A Reduce -7.5% 0.20% −0.14
OC Owens Corning Reduce -99.2% 0.00% −0.13
ESGU iShares ESG Aware MSCI USA Reduce -33.9% 0.18% −0.12
GS Goldman Sachs Group Inc. Reduce -29.6% 0.22% −0.12
IBKR Interactive Brokers Gro Class A Reduce -37.4% 0.19% −0.11
SNOW Snowflake Inc. Reduce -30.1% 0.07% −0.08
SCCO Southern Copper Corp. Reduce -30.8% 0.30% −0.08
CAT Caterpillar Inc. Reduce -32.0% 0.32% −0.07
KKR KKR & Co. Inc. Reduce -21.6% 0.09% −0.07
ALB Albemarle Corp. Reduce -31.3% 0.28% −0.05
VEEV Veeva Systems Inc. Class A Reduce -4.5% 0.12% −0.05
MDB Mongodb Inc. Reduce -49.4% 0.02% −0.04
VIS Vanguard Industrials ETF Reduce -54.8% 0.03% −0.04
HD Home Depot Inc. Reduce -2.0% 0.33% −0.04
VOX Vanguard Communication Servi Reduce -13.9% 0.11% −0.03
BGRN iShares Usd Green Bond ETF Reduce -13.3% 0.14% −0.03
BKNG Booking Holdings Inc. Reduce -19.8% 0.04% −0.03
C Citigroup Inc. Reduce -39.3% 0.03% −0.02
MAS Masco Corp. Reduce -0.6% 0.18% −0.02
VAW Vanguard Materials ETF Reduce -11.2% 0.20% −0.02
IVV iShares Core S&P 500 ETF Reduce -24.5% 0.04% −0.02
BSX Boston Scientific Corp. Reduce -41.8% 0.01% −0.02
APP AppLovin Corp. Class A Reduce -4.1% 0.02% −0.01
SCHB Schwab US Broad Market ETF Reduce -23.5% 0.03% −0.01
SCHW Schwab (charles) Corp. Reduce -14.3% 0.04% −0.01
VEU Vanguard Ftse All-World Ex-U Reduce -18.1% 0.05% −0.01
TJX TJX Companies Inc. Reduce -16.2% 0.06% −0.01
ORCL Oracle Corp. Reduce -2.7% 0.03% −0.01
TMO Thermo Fisher Scientific Inc. Reduce -14.4% 0.02% −0.01
XYL Xylem Inc. Reduce -16.0% 0.03% −0.01
BLK BlackRock Inc. Reduce -16.4% 0.02% −0.01
PANW Palo Alto Networks Inc. Reduce -13.6% 0.02% −0.01
EXPD Expeditors Intl Wash Inc. Reduce -16.3% 0.03% −0.01
VPU Vanguard Utilities ETF Reduce -7.1% 0.20% −0.01
MAR Marriott International Class A Reduce -18.4% 0.04% −0.01
SPY SS SPDR S&P 500 ETF Trust-US Reduce -10.3% 0.04% −0.01
VEA Vanguard Ftse Developed ETF Reduce -17.0% 0.03% −0.01
INTU Intuit Inc. Reduce -18.2% 0.01% −0.01
V Visa Inc. Class A Reduce -23.4% 0.01% −0.01
QCOM Qualcomm Inc. Reduce -39.1% 0.01% −0.01
WFC Wells Fargo & Co. Reduce -4.3% 0.02% −0.01
PEG Public Service Enterprise GP Reduce -12.9% 0.03% −0.01

Portfolio Buys Q4 2025 → Q1 2026

SPYM Ste STR SPDR PT S&P 500 ETF Add +1693.1% 0.41% +0.38
PDBC Invesco Optimum Yield Divers Add +4.9% 1.55% +0.37
RSP Invesco S&P 500 Equal Weight Add +26710.1% 0.32% +0.32
XOM Exxon Mobil Corp. Add +3.5% 0.77% +0.22
LIN Linde PLC Add +71.2% 0.44% +0.21
SCHF Schwab Intl Equity ETF Add +2.7% 11.93% +0.20
GE General Electric Add +189.8% 0.30% +0.18
SCHA Schwab US Small-Cap ETF Add +8.5% 2.79% +0.17
D Dominion Energy Inc. Add +19337.6% 0.16% +0.16
VLO Valero Energy Corp. Add +3.5% 0.38% +0.13
CVX Chevron Corp. Add +5.2% 0.47% +0.13
BSV Vanguard Short-Term Bond ETF Add +7.5% 4.59% +0.13
DOW Dow Inc. Add +6.2% 0.27% +0.12
SCHP Schwab U.S. Tips ETF Add +7.0% 3.67% +0.12
VGIT Vanguard Intermediate-Term T Add +7.8% 3.65% +0.11
IWB iShares Russell 1000 ETF Add +44.0% 0.41% +0.10
COP Conocophillips Add +9.1% 0.30% +0.10
BKR Baker Hughes Co. Add +3.5% 0.35% +0.09
APD Air Products & Chemicals Inc. Add +25.5% 0.29% +0.09
NFLX Netflix Inc. Add +23.6% 0.46% +0.08
GLDM SPDR Gold Minishares Trust Add +1.4% 1.43% +0.08
JNJ Johnson & Johnson Add +0.9% 0.57% +0.07
COST Costco Wholesale Corp. Add +5.3% 0.49% +0.07
HOOD Robinhood Markets Inc. Class A Add +18383.3% 0.07% +0.07
EOG EOG Resources Inc. Add +15.4% 0.20% +0.07
ADM Archer-Daniels-Midland Co. Add +3.2% 0.32% +0.07
WMT Walmart Inc. Add +0.8% 0.86% +0.06
PFE Pfizer Inc. Add +9.4% 0.41% +0.06
TMUS T-Mobile US Inc. Add +41.3% 0.22% +0.06
VGLT Vanguard Long-Term Treasury Add +7.9% 2.23% +0.06
USIG iShares Broad Usd Investment Add +7.6% 2.71% +0.06
NEE Nextera Energy Inc. Add +2.0% 0.51% +0.06
CMCSA Comcast Corp. Class A Add +41.8% 0.24% +0.06
SO The Southern Co. Add +8.4% 0.40% +0.05
DUK Duke Energy Corp. Add +4.9% 0.46% +0.05
PG The Procter & Gamble Co. Add +18.6% 0.40% +0.05
VZ Verizon Communications Inc. Add +2.1% 0.28% +0.05
T AT&T Inc. Add +4.3% 0.32% +0.05
SYK Stryker Corp. Add +66.2% 0.14% +0.05
KMI Kinder Morgan Inc. Add +4.3% 0.25% +0.05
TGT Target Corp. Add +4.6% 0.22% +0.04
HON Honeywell International Inc. Add +3.7% 0.31% +0.04
VWO Vanguard Ftse Emerging Marke Add +4.3% 4.99% +0.04
FCX Freeport-McMoran Inc. Add +6.4% 0.26% +0.04
AEP American Electric Power Add +5.5% 0.30% +0.04
SHYG iShares 0-5 YR HY Corp. Bond Add +8.6% 1.33% +0.04
WMB Williams Cos Inc. Add +7.5% 0.19% +0.04
PEP Pepsico Inc. Add +13.9% 0.23% +0.04
EMN Eastman Chemical Co. Add +4.6% 0.20% +0.03
LOW Lowe's Cos Inc. Add +280.1% 0.04% +0.03

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