Empowered Funds, LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 17, 2026), Empowered Funds, LLC reported 2,110 stock positions worth $19.0 billion. Its top holding was Nvidia (NVDA) at 3.2% of the portfolio, followed by Apple (AAPL, 2.5%) and Taiwan Semiconductor-SP ADR (TSM, 2.1%). Compared with Q1 2026, it opened 215 new positions, sold out of 208, added to 1,057 and reduced 746. The biggest buy was Taiwan Semiconductor-SP ADR (TSM, shares +348%) and the biggest sale Microsoft (MSFT, shares −13%).
- Most Recent 13F
- Q2 2026
- Location
- NEWTOWN SQUARE, PA
- CIK
- 0001592828
- Portfolio Value
- $19.0B (Q2 2026)
- SEC Filing
- 0001592828-26-000007 ↗ filed Aug 17, 2026
Holdings Value
Holdings 2,110 stocks · $19.0B
| NVDA Nvidia Corp. | 3.18% | 3,016,930 | $603.7M | Add +11.6% |
| AAPL Apple Inc. | 2.45% | 1,607,892 | $465.3M | Reduce -0.2% |
| TSM Taiwan Semiconductor-SP ADR | 2.10% | 835,931 | $399.2M | Add +348.4% |
| GOOGL Alphabet Inc. Class A | 2.00% | 1,060,925 | $379.1M | Add +8.5% |
| MU Micron Technology Inc. | 1.68% | 275,818 | $318.4M | Add +13.1% |
| AMZN Amazon.com Inc. | 1.54% | 1,228,034 | $292.7M | Add +18.8% |
| MSFT Microsoft Corp. | 1.39% | 705,569 | $263.2M | Reduce -12.6% |
| AVGO Broadcom Inc. | 1.34% | 674,343 | $254.7M | Reduce -3.6% |
| LLY Eli Lilly & Co. | 0.87% | 138,183 | $165.7M | Add +0.2% |
| META Meta Platforms Inc. Class A | 0.86% | 288,471 | $162.5M | Reduce -0.0% |
| XOM Exxon Mobil Corp. | 0.83% | 1,146,087 | $156.7M | Add +13.4% |
| JPM JPMorgan Chase & Co. | 0.82% | 475,472 | $155.6M | Add +2.4% |
| AMD Advanced Micro Devices | 0.77% | 251,408 | $146.0M | Reduce -3.6% |
| LRCX Lam Research Corp. | 0.71% | 312,654 | $135.5M | Reduce -10.7% |
| VEA Vanguard Ftse Developed ETF | 0.71% | 1,899,607 | $135.3M | Reduce -1.9% |
| CVX Chevron Corp. | 0.69% | 794,393 | $131.7M | Add +6.1% |
| GOOG Alphabet Inc. Class C | 0.68% | 367,487 | $129.8M | Reduce -12.5% |
| IDEV iShares Core MSCI Dev MKTS | 0.60% | 1,275,964 | $113.6M | Reduce -1.1% |
| EXPE Expedia Group Inc. | 0.58% | 427,776 | $109.5M | Add +52.6% |
| BOXX Alpha Architect 1-3 MNTH Box | 0.57% | 923,075 | $108.1M | Reduce -3.8% |
| WDC Western Digital Corp. | 0.51% | 152,676 | $97.5M | Reduce -17.1% |
| COST Costco Wholesale Corp. | 0.50% | 100,519 | $94.0M | Add +48.3% |
| VWO Vanguard Ftse Emerging Marke | 0.48% | 1,537,403 | $91.8M | Add +16.1% |
| GEV GE Vernova Inc. | 0.48% | 77,028 | $90.5M | Add +7.6% |
| VST Vistra Corp. | 0.47% | 563,170 | $89.3M | Add +27.7% |
| JNJ Johnson & Johnson | 0.47% | 348,850 | $88.6M | Add +11.7% |
| GS Goldman Sachs Group Inc. | 0.46% | 85,766 | $86.7M | Add +43.7% |
| TSLA Tesla Inc. | 0.45% | 201,519 | $84.8M | Add +10.5% |
| AMAT Applied Materials Inc. | 0.45% | 117,109 | $84.7M | Reduce -6.9% |
| C Citigroup Inc. | 0.41% | 559,997 | $78.4M | Add +274.8% |
| CAT Caterpillar Inc. | 0.41% | 72,272 | $77.0M | Reduce -4.0% |
| PANW Palo Alto Networks Inc. | 0.40% | 223,656 | $76.3M | Add +1.0% |
| VRT Vertiv Holdings Co. Class A | 0.40% | 226,136 | $75.7M | Add +10.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.40% | 150,255 | $75.2M | Reduce -16.1% |
| MRK Merck & Co. Inc. | 0.39% | 576,918 | $74.1M | Add +13.6% |
| CSCO Cisco Systems Inc. | 0.38% | 614,435 | $72.2M | Reduce -10.0% |
| NFLX Netflix Inc. | 0.38% | 1,007,619 | $71.9M | Add +17.4% |
| SCHR Schwab Intermediate-Term US | 0.37% | 2,862,224 | $70.3M | Add +48.0% |
| INTC Intel Corp. | 0.36% | 495,228 | $69.1M | Add +6.8% |
| BKNG Booking Holdings Inc. | 0.35% | 373,458 | $66.6M | Add +25.0% |
| BAC Bank of America Corp. | 0.35% | 1,155,193 | $65.8M | Add +3.3% |
| V Visa Inc. Class A | 0.33% | 184,441 | $63.3M | Reduce -6.8% |
| VTIP Vanguard Short-Term Tips | 0.33% | 1,258,283 | $62.3M | Reduce -6.6% |
| QQQ Invesco QQQ Trust Series 1 | 0.32% | 83,446 | $61.4M | New |
| VLO Valero Energy Corp. | 0.32% | 231,804 | $60.4M | Add +98.9% |
| UNH Unitedhealth Group Inc. | 0.31% | 139,558 | $58.0M | Add +21.1% |
| ITOT iShares Core S&P Total U.S. | 0.31% | 352,671 | $57.9M | New |
| FIX Comfort Systems USA Inc. | 0.30% | 28,872 | $57.2M | Reduce -18.7% |
| WFC Wells Fargo & Co. | 0.30% | 691,898 | $57.2M | Add +0.9% |
| AVDV Avantis Intl S/C Value ETF | 0.30% | 548,409 | $56.5M | Add +0.9% |
| AVRE Avantis Real Estate ETF | 0.30% | 1,191,067 | $56.4M | Reduce -3.8% |
| MPC Marathon Petroleum Corp. | 0.30% | 219,714 | $56.2M | Add +60.3% |
| KLAC KLA Corp. | 0.29% | 181,205 | $54.7M | Reduce -13.1% |
| NEM Newmont Corp. | 0.28% | 578,679 | $54.0M | Add +4.6% |
| CAOS Alpha Architect Tail Risk | 0.28% | 597,146 | $54.0M | No change |
| GE General Electric filed as GE AEROSPACE | 0.28% | 143,854 | $53.8M | Reduce -18.4% |
| QCOM Qualcomm Inc. | 0.28% | 290,133 | $53.6M | Reduce -29.6% |
| PG The Procter & Gamble Co. | 0.28% | 365,172 | $53.5M | Reduce -8.9% |
| MA Mastercard Inc. Class A | 0.28% | 102,335 | $52.6M | Add +8.0% |
| ANET Arista Networks Inc. | 0.28% | 308,143 | $52.3M | Add +31.2% |
| EOG EOG Resources Inc. | 0.27% | 398,969 | $51.8M | Add +34.3% |
| STIP iShares 0-5 Year Tips Bond E | 0.27% | 512,062 | $51.7M | Add +0.8% |
| UMC United Microelectron-SP ADR | 0.27% | 1,891,076 | $51.5M | New |
| SNDK Sandisk Corp. | 0.27% | 22,599 | $51.4M | Reduce -31.2% |
| COP Conocophillips | 0.27% | 493,005 | $51.3M | Add +34.1% |
| ABBV Abbvie Inc. | 0.27% | 202,359 | $50.9M | Reduce -10.8% |
| WMT Walmart Inc. | 0.27% | 445,557 | $50.5M | Add +8.7% |
| THC Tenet Healthcare Corp. | 0.27% | 269,440 | $50.4M | Reduce -5.4% |
| FTNT Fortinet Inc. | 0.27% | 327,582 | $50.3M | Add +108.3% |
| BFH Bread Financial Holdings Inc. | 0.26% | 461,938 | $50.1M | Add +139.2% |
| ASND Ascendis Pharma A/S | 0.26% | 187,271 | $49.9M | Add +266.2% |
| MPWR Monolithic Power Systems Inc. | 0.26% | 35,700 | $49.4M | Add +4.7% |
| VZ Verizon Communications Inc. | 0.26% | 1,165,380 | $49.3M | Add +33.3% |
| HD Home Depot Inc. | 0.25% | 133,854 | $47.2M | Reduce -3.3% |
| KO The Coca-Cola Co. | 0.24% | 567,041 | $46.1M | Add +11.9% |
| AVES Avantis Emerging Markets Val | 0.24% | 695,217 | $45.6M | Reduce -2.6% |
| IVV iShares Core S&P 500 ETF | 0.24% | 60,679 | $45.4M | Add +140.8% |
| DELL Dell Technologies -C | 0.23% | 101,980 | $44.0M | Reduce -18.9% |
| JBL Jabil Inc. | 0.23% | 112,646 | $43.4M | Reduce -28.7% |
| RTX RTX Corp. | 0.23% | 226,939 | $43.1M | Reduce -3.5% |
| VIRT Virtu Financial Inc. Class A | 0.22% | 713,559 | $42.5M | Add +568.3% |
| TXN Texas Instruments Inc. | 0.22% | 142,324 | $42.4M | Reduce -7.8% |
| BCI Abrdn Bloomberg All Commodit filed as ABRDN ETFS | 0.22% | 1,858,368 | $41.5M | Add +405.7% |
| MS Morgan Stanley | 0.21% | 194,020 | $40.6M | Reduce -23.3% |
| MRVL Marvell Technology Inc. | 0.21% | 134,050 | $39.9M | Reduce -2.5% |
| DAVE Dave Inc. | 0.21% | 105,686 | $39.4M | New |
| MCK McKesson Corp. | 0.20% | 51,413 | $38.8M | Reduce -17.1% |
| VNQ Vanguard Real Estate ETF | 0.20% | 399,081 | $38.5M | Add +62.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.20% | 136,324 | $38.3M | Add +2.9% |
| TPR Tapestry Inc. | 0.20% | 257,479 | $37.7M | Reduce -17.3% |
| DECK Deckers Outdoor Corp. | 0.20% | 376,258 | $37.4M | Reduce -23.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.20% | 245,638 | $37.2M | Add +5.1% |
| ZM Zoom Communications Inc. | 0.19% | 423,954 | $36.6M | Add +38.6% |
| APP AppLovin Corp. Class A | 0.19% | 68,677 | $35.4M | Reduce -8.0% |
| MOD Modine Manufacturing Co. | 0.19% | 132,490 | $35.4M | Reduce 0.0% |
| EQT Eqt Corp. | 0.18% | 660,166 | $35.1M | Add +125.6% |
| AMGN Amgen Inc. | 0.18% | 95,907 | $34.7M | Add +18.3% |
| UBER Uber Technologies Inc. | 0.18% | 480,822 | $34.7M | Add +9.3% |
| ROKU Roku Inc. | 0.18% | 250,148 | $34.6M | Add +590.5% |
| MCD McDonald's Corp. | 0.18% | 127,603 | $34.5M | Add +14.2% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $4.4M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | 73,870 | $4.3M | New |
| XRXDW Xerox Holdings Corp. | *W EXP 02/11/202 | 316,498 | $87K | Reduce -6.2% |
Total filed on the 13F, all lines: $19.0B.
Portfolio Sells Q1 2026 → Q2 2026
| MSFT Microsoft Corp. | Reduce -12.6% | 1.39% | −0.52 |
| META Meta Platforms Inc. Class A | Reduce -0.0% | 0.86% | −0.20 |
| CF CF Industries Holdings Inc. | Reduce -34.2% | 0.16% | −0.19 |
| PH Parker Hannifin Corp. | Reduce -55.1% | 0.12% | −0.18 |
| COMB Graniteshares Bcom Broad STR | Sold out | 0.00% | −0.17 |
| KTOS Kratos Defense & Security | Sold out | 0.00% | −0.16 |
| IOO iShares Global 100 ETF | Reduce -76.1% | 0.05% | −0.16 |
| AAPL Apple Inc. | Reduce -0.2% | 2.45% | −0.16 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -16.1% | 0.40% | −0.15 |
| ALL Allstate Corp. | Reduce -67.6% | 0.06% | −0.14 |
| BOXX Alpha Architect 1-3 MNTH Box | Reduce -3.8% | 0.57% | −0.14 |
| MCK McKesson Corp. | Reduce -17.1% | 0.20% | −0.14 |
| XLE SS Energy Select Sector | Sold out | 0.00% | −0.14 |
| VGIT Vanguard Intermediate-Term T | Sold out | 0.00% | −0.13 |
| FOXA Fox Corp. Class A | Reduce -70.4% | 0.04% | −0.13 |
| HALO Halozyme Therapeutics Inc. | Reduce -77.1% | 0.04% | −0.12 |
| DECK Deckers Outdoor Corp. | Reduce -23.9% | 0.20% | −0.12 |
| HCA HCA Healthcare Inc. | Reduce -54.7% | 0.05% | −0.11 |
| INCY Incyte Corp. | Reduce -50.5% | 0.10% | −0.11 |
| FTAI Ftai Aviation Ltd. | Reduce -63.1% | 0.05% | −0.11 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -34.8% | 0.16% | −0.10 |
| VTIP Vanguard Short-Term Tips | Reduce -6.6% | 0.33% | −0.10 |
| ALSN Allison Transmission Holding | Reduce -47.1% | 0.07% | −0.10 |
| CTSH Cognizant Tech Solutions-A | Reduce -13.0% | 0.08% | −0.10 |
| BTU Peabody Energy Corp. | Reduce -28.2% | 0.06% | −0.09 |
| ABT Abbott Laboratories | Reduce -35.6% | 0.08% | −0.09 |
| IDEV iShares Core MSCI Dev MKTS | Reduce -1.1% | 0.60% | −0.09 |
| TMHC Taylor Morrison Home Corp. | Reduce -85.0% | 0.02% | −0.09 |
| PG The Procter & Gamble Co. | Reduce -8.9% | 0.28% | −0.09 |
| BRNY Burney US Factor Rotation | Sold out | 0.00% | −0.09 |
| USDU Wisdomtree BBG Usd Bullish | Sold out | 0.00% | −0.09 |
| GOOG Alphabet Inc. Class C | Reduce -12.5% | 0.68% | −0.08 |
| TPR Tapestry Inc. | Reduce -17.3% | 0.20% | −0.08 |
| VGSH Vanguard Short-Term Treasury | Sold out | 0.00% | −0.08 |
| GPI Group 1 Automotive Inc. | Reduce -97.5% | 0.00% | −0.08 |
| INGR Ingredion Inc. | Reduce -79.4% | 0.01% | −0.08 |
| DHT DHT Holdings Inc. | Reduce -85.3% | 0.01% | −0.08 |
| VEA Vanguard Ftse Developed ETF | Reduce -1.9% | 0.71% | −0.08 |
| THC Tenet Healthcare Corp. | Reduce -5.4% | 0.27% | −0.08 |
| MELI MercadoLibre Inc. | Reduce -68.1% | 0.03% | −0.08 |
| KRMN Karman Holdings Inc. | Sold out | 0.00% | −0.08 |
| LEN Lennar Corp. Class A | Reduce -35.4% | 0.10% | −0.08 |
| ET Energy Transfer LP | Reduce -15.8% | 0.17% | −0.08 |
| TOL Toll Brothers Inc. | Reduce -46.8% | 0.09% | −0.08 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -54.3% | 0.06% | −0.07 |
| LMT Lockheed Martin Corp. | Reduce -2.8% | 0.15% | −0.07 |
| TWLO Twilio Inc. Class A | Reduce -82.7% | 0.02% | −0.07 |
| ISRG Intuitive Surgical Inc. | Reduce -35.1% | 0.06% | −0.07 |
| YUMC Yum China Holdings Inc. | Reduce -95.7% | 0.00% | −0.07 |
| FNF Fidelity National Financial | Reduce -92.9% | 0.00% | −0.07 |
Portfolio Buys Q1 2026 → Q2 2026
| TSM Taiwan Semiconductor-SP ADR | Add +348.4% | 2.10% | +1.70 |
| MU Micron Technology Inc. | Add +13.1% | 1.68% | +1.15 |
| QQQ Invesco QQQ Trust Series 1 | New | 0.32% | +0.32 |
| ITOT iShares Core S&P Total U.S. | New | 0.31% | +0.31 |
| C Citigroup Inc. | Add +274.8% | 0.41% | +0.30 |
| UMC United Microelectron-SP ADR | New | 0.27% | +0.27 |
| INTC Intel Corp. | Add +6.8% | 0.36% | +0.23 |
| DAVE Dave Inc. | New | 0.21% | +0.21 |
| GOOGL Alphabet Inc. Class A | Add +8.5% | 2.00% | +0.20 |
| VIRT Virtu Financial Inc. Class A | Add +568.3% | 0.22% | +0.19 |
| ASND Ascendis Pharma A/S | Add +266.2% | 0.26% | +0.19 |
| FTNT Fortinet Inc. | Add +108.3% | 0.27% | +0.18 |
| EGO Eldorado Gold Corp. | Add +16866.5% | 0.18% | +0.18 |
| PANW Palo Alto Networks Inc. | Add +1.0% | 0.40% | +0.18 |
| NVDA Nvidia Corp. | Add +11.6% | 3.18% | +0.17 |
| BFH Bread Financial Holdings Inc. | Add +139.2% | 0.26% | +0.17 |
| AMZN Amazon.com Inc. | Add +18.8% | 1.54% | +0.17 |
| SNEX Stonex Group Inc. | Add +847.4% | 0.18% | +0.16 |
| EXPE Expedia Group Inc. | Add +52.6% | 0.58% | +0.16 |
| BCI Abrdn Bloomberg All Commodit | Add +405.7% | 0.22% | +0.16 |
| ROKU Roku Inc. | Add +590.5% | 0.18% | +0.16 |
| GS Goldman Sachs Group Inc. | Add +43.7% | 0.46% | +0.14 |
| IVV iShares Core S&P 500 ETF | Add +140.8% | 0.24% | +0.13 |
| VLO Valero Energy Corp. | Add +98.9% | 0.32% | +0.13 |
| JAZZ Jazz Pharmaceuticals PLC | Add +650.6% | 0.14% | +0.12 |
| UNH Unitedhealth Group Inc. | Add +21.1% | 0.31% | +0.11 |
| BKR Baker Hughes Co. | Add +562.9% | 0.12% | +0.10 |
| BBD Banco Bradesco-ADR | New | 0.10% | +0.10 |
| GFI Gold Fields Ltd.-Spons ADR | Add +1307.7% | 0.11% | +0.09 |
| NVT Nvent Electric PLC | Add +1549.2% | 0.10% | +0.09 |
| NVCR Novocure Ltd. | New | 0.09% | +0.09 |
| UAL United Airlines Holdings Inc. | Add +83.6% | 0.17% | +0.09 |
| ANET Arista Networks Inc. | Add +31.2% | 0.28% | +0.09 |
| SHY iShares 1-3 Year Treasury Bo | New | 0.09% | +0.09 |
| HPE Hewlett Packard Enterprise | Add +213.8% | 0.11% | +0.09 |
| AXS Axis Capital Holdings Ltd. | New | 0.08% | +0.08 |
| EXC Exelon Corp. | Add +614.7% | 0.10% | +0.08 |
| HAL Halliburton Co. | Add +271.9% | 0.13% | +0.08 |
| MPC Marathon Petroleum Corp. | Add +60.3% | 0.30% | +0.08 |
| APA Apa Corp. | Add +230.5% | 0.15% | +0.08 |
| GEV GE Vernova Inc. | Add +7.6% | 0.48% | +0.08 |
| ARW Arrow Electronics Inc. | Add +165.4% | 0.11% | +0.08 |
| ANAB Anaptysbio Inc. | New | 0.07% | +0.07 |
| ALAB Astera Labs Inc. | Add +221.2% | 0.08% | +0.07 |
| VRT Vertiv Holdings Co. Class A | Add +10.0% | 0.40% | +0.07 |
| PWR Quanta Services Inc. | Add +66.9% | 0.15% | +0.07 |
| MP MP Materials Corp. | Add +1760.8% | 0.07% | +0.07 |
| EQT Eqt Corp. | Add +125.6% | 0.18% | +0.07 |
| ELV Elevance Health Inc. | Add +132.9% | 0.11% | +0.07 |
| LQDA Liquidia Corp. | Add +117.5% | 0.09% | +0.07 |
Notes & Other Activity Q1 2026 → Q2 2026
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | New | 73,870 | $4.3M |
| XRXDW Xerox Holdings Corp. | *W EXP 02/11/202 | Reduce -6.2% | 316,498 | $87K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 2,110 | $19.0B | NVDA, AAPL, TSM, GOOGL, MU |
| Q1 2026Amended | 2,101 | $15.7B | NVDA, AAPL, MSFT, GOOGL, AVGO |
| Q4 2025Amended | 994 | $5.9B | NVDA, GOOGL, AVGO, XOM, META |
| Q3 2025 | 1,814 | $9.9B | NVDA, MSFT, AAPL, AMZN, AVGO |
| Q2 2025 | 1,746 | $8.8B | NVDA, MSFT, AAPL, VEA, XOM |
| Q1 2025 | 1,614 | $7.0B | XOM, AAPL, CVX, NVDA, VEA |
| Q4 2024 | 1,670 | $6.8B | AAPL, NVDA, XOM, AVUV, CVX |
| Q3 2024 | 1,392 | $6.4B | XOM, AAPL, VEA, CVX, IDEV |
| Q2 2024 | 1,369 | $5.8B | XOM, BOXX, NVDA, CVX, AAPL |
| Q1 2024Amended | 1,372 | $5.5B | BOXX, XOM, MSFT, CVX, VTI |