Empowered Funds, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 7, 2024), Empowered Funds, LLC reported 1,372 stock positions worth $5.5 billion. Its top holding was Alpha Architect 1-3 MNTH Box (BOXX) at 2.2% of the portfolio, followed by Exxon Mobil (XOM, 1.9%) and Microsoft (MSFT, 1.3%). Compared with Q4 2023, it opened 212 new positions, sold out of 94, added to 927 and reduced 231. The biggest buy was VG Morningstar TS MKT ETF-US (VTI, shares +2880%) and the biggest sale an exit from PIMCO Enhanced Short Maturit (MINT).
- Most Recent 13F
- Q2 2026
- Location
- NEWTOWN SQUARE, PA
- CIK
- 0001592828
- Portfolio Value
- $5.5B (Q1 2024)
- SEC Filing
- 0001592828-24-000004 ↗ filed May 7, 2024
Holdings Value
Holdings 1,372 stocks · $5.5B
| BOXX Alpha Architect 1-3 MNTH Box | 2.21% | 1,150,723 | $122.5M | Add +5.0% |
| XOM Exxon Mobil Corp. | 1.94% | 925,591 | $107.6M | Add +5.6% |
| MSFT Microsoft Corp. | 1.32% | 173,802 | $73.1M | Add +12.2% |
| CVX Chevron Corp. | 1.22% | 429,000 | $67.7M | Add +5.4% |
| VTI VG Morningstar TS MKT ETF-US | 1.18% | 251,118 | $65.3M | Add +2879.6% |
| NVDA Nvidia Corp. | 1.16% | 71,262 | $64.4M | Add +23.0% |
| IQLT iShares MSCI International Q | 0.93% | 1,304,992 | $51.8M | New |
| AAPL Apple Inc. | 0.86% | 278,379 | $47.7M | Add +37.5% |
| DSTL Distillate US Fundamental St | 0.80% | 817,414 | $44.1M | New |
| COP Conocophillips | 0.75% | 326,085 | $41.5M | Add +14.9% |
| VWO Vanguard Ftse Emerging Marke | 0.74% | 983,755 | $41.1M | Add +3354.1% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.74% | 171,149 | $41.0M | New |
| VT Vanguard Tot World STK ETF | 0.69% | 345,043 | $38.1M | New |
| VEA Vanguard Ftse Developed ETF | 0.69% | 759,841 | $38.1M | Add +2066.3% |
| PSX Phillips 66 | 0.61% | 205,582 | $33.6M | Add +46.5% |
| AMZN Amazon.com Inc. | 0.60% | 185,064 | $33.4M | Add +13.5% |
| META Meta Platforms Inc. Class A | 0.59% | 67,195 | $32.6M | Add +22.4% |
| IDEV iShares Core MSCI Dev MKTS | 0.58% | 479,186 | $32.2M | New |
| TOL Toll Brothers Inc. | 0.55% | 235,049 | $30.4M | Add +38.5% |
| VLO Valero Energy Corp. | 0.54% | 175,231 | $29.9M | Reduce -2.1% |
| AVDV Avantis Intl S/C Value ETF | 0.52% | 436,405 | $28.7M | New |
| MPC Marathon Petroleum Corp. | 0.52% | 142,324 | $28.7M | Reduce -12.4% |
| GOOGL Alphabet Inc. Class A | 0.51% | 187,840 | $28.4M | Add +12.3% |
| AVUV Avantis US Small Cap Value | 0.50% | 295,851 | $27.7M | New |
| EOG EOG Resources Inc. | 0.48% | 207,892 | $26.6M | Add +16.0% |
| CMCSA Comcast Corp. Class A | 0.48% | 612,769 | $26.6M | Add +113.5% |
| CSCO Cisco Systems Inc. | 0.47% | 524,666 | $26.2M | Add +25.1% |
| VOO Vanguard S&P 500 ETF | 0.47% | 54,027 | $26.0M | Add +74.1% |
| LLY Eli Lilly & Co. | 0.45% | 32,027 | $24.9M | Add +8.3% |
| MRK Merck & Co. Inc. | 0.44% | 186,700 | $24.6M | Add +122.6% |
| DFIV Dimensional International Va | 0.43% | 646,159 | $23.7M | New |
| PHM Pultegroup Inc. | 0.42% | 192,888 | $23.3M | Reduce -0.3% |
| DFEM Dimensional Emrg MRKT Core | 0.41% | 885,534 | $22.6M | New |
| BKLN Invesco Senior Loan ETF | 0.41% | 1,061,571 | $22.5M | Reduce -1.0% |
| PCAR Paccar Inc. | 0.38% | 168,267 | $20.8M | Add +160.0% |
| AVGO Broadcom Inc. | 0.37% | 15,500 | $20.5M | Reduce -0.7% |
| DHI D.R. Horton Inc. | 0.37% | 124,361 | $20.5M | Reduce -10.6% |
| QCOM Qualcomm Inc. | 0.37% | 120,578 | $20.4M | Add +99.8% |
| COR Cencora Inc. | 0.35% | 80,766 | $19.6M | Add +1433.7% |
| OC Owens Corning | 0.35% | 117,048 | $19.5M | Add +20.9% |
| DUHP Dimensional US High Profi Et | 0.34% | 600,621 | $19.0M | New |
| AVRE Avantis Real Estate ETF | 0.34% | 439,924 | $18.6M | New |
| FLJP Franklin Ftse Japan ETF | 0.34% | 597,917 | $18.6M | New |
| NOW ServiceNow Inc. | 0.33% | 24,095 | $18.4M | Add +177.9% |
| JPM JPMorgan Chase & Co. | 0.33% | 91,066 | $18.2M | Add +8.2% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.33% | 94,696 | $18.2M | Add +4441.8% |
| COWZ Pacer US Cash Cows 100 ETF | 0.32% | 307,620 | $17.9M | New |
| HPQ HP Inc. | 0.32% | 582,169 | $17.6M | Add +134.0% |
| ELV Elevance Health Inc. | 0.32% | 33,831 | $17.5M | Add +376.6% |
| MOH Molina Healthcare Inc. | 0.32% | 42,488 | $17.5M | Add +3.2% |
| APA Apa Corp. | 0.31% | 503,551 | $17.3M | Add +81.7% |
| VZ Verizon Communications Inc. | 0.31% | 411,001 | $17.2M | Add +7.8% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.30% | 470,837 | $16.9M | Add +192.4% |
| PG The Procter & Gamble Co. | 0.30% | 101,085 | $16.4M | Add +59.0% |
| LNG Cheniere Energy Inc. | 0.30% | 101,526 | $16.4M | Add +21.1% |
| V Visa Inc. Class A | 0.29% | 58,506 | $16.3M | Add +16.0% |
| JNJ Johnson & Johnson | 0.29% | 101,237 | $16.0M | Add +46.7% |
| UNH Unitedhealth Group Inc. | 0.29% | 32,073 | $15.9M | Add +32.0% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.28% | 96,298 | $15.7M | Add +298.5% |
| HD Home Depot Inc. | 0.28% | 40,777 | $15.6M | Add +42.9% |
| PXD Pioneer Natural Resources Co. | 0.28% | 58,453 | $15.3M | Reduce -16.6% |
| CI The Cigna Group | 0.27% | 41,881 | $15.2M | Add +39.9% |
| DIHP Dimensional International Hi | 0.27% | 560,799 | $15.1M | New |
| DAL Delta Air Lines Inc. | 0.27% | 307,995 | $14.7M | Add +95.7% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.26% | 267,373 | $14.7M | Reduce -1.9% |
| AVEM Avantis Emerging Markets Eq | 0.26% | 249,912 | $14.5M | New |
| PEP Pepsico Inc. | 0.26% | 82,515 | $14.4M | Add +34.6% |
| DFAS Dimensional US Small Cap ETF | 0.26% | 230,709 | $14.4M | New |
| GILD Gilead Sciences Inc. | 0.26% | 195,726 | $14.3M | Add +62.8% |
| AMR Alpha Metallurgical Resource | 0.25% | 41,555 | $13.8M | Add +85.5% |
| DVN Devon Energy Corp. | 0.25% | 272,560 | $13.7M | Add +98.4% |
| HAL Halliburton Co. | 0.25% | 344,740 | $13.6M | Add +6.7% |
| ALSN Allison Transmission Holding | 0.24% | 165,227 | $13.4M | Add +87.5% |
| AMAT Applied Materials Inc. | 0.24% | 64,865 | $13.4M | Add +22.5% |
| MHO M/I Homes Inc. | 0.24% | 98,106 | $13.4M | Add +34.9% |
| AMD Advanced Micro Devices | 0.24% | 73,636 | $13.3M | Add +10.8% |
| FANG Diamondback Energy Inc. | 0.24% | 66,964 | $13.3M | Reduce -5.5% |
| MO Altria Group Inc. | 0.24% | 300,693 | $13.1M | Add +80.6% |
| GOOG Alphabet Inc. Class C | 0.24% | 86,040 | $13.1M | Add +19.0% |
| T AT&T Inc. | 0.23% | 730,444 | $12.9M | Add +469.3% |
| KO The Coca-Cola Co. | 0.23% | 209,935 | $12.8M | Reduce -14.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.23% | 30,169 | $12.7M | Add +14.7% |
| BLDR Builders Firstsource Inc. | 0.23% | 60,384 | $12.6M | Reduce -17.9% |
| LMT Lockheed Martin Corp. | 0.22% | 26,957 | $12.3M | Add +118.7% |
| SKYW Skywest Inc. | 0.22% | 175,453 | $12.1M | Add +3.0% |
| WFRD Weatherford International PL | 0.22% | 104,713 | $12.1M | Reduce -2.6% |
| DFAT Dimensional US Target Value | 0.21% | 217,885 | $11.9M | New |
| HCC Warrior Met Coal Inc. | 0.21% | 194,941 | $11.8M | Reduce -1.9% |
| STLD Steel Dynamics Inc. | 0.21% | 79,599 | $11.8M | Reduce -2.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.21% | 61,469 | $11.7M | Add +121.9% |
| FOR Forestar Group Inc. | 0.21% | 290,197 | $11.7M | Add +55.5% |
| MA Mastercard Inc. Class A | 0.21% | 24,174 | $11.6M | Add +13.4% |
| MRO Marathon Oil Corp. | 0.21% | 408,387 | $11.6M | Add +5.9% |
| LEN Lennar Corp. Class A | 0.21% | 67,255 | $11.6M | Add +0.5% |
| TXN Texas Instruments Inc. | 0.21% | 66,276 | $11.5M | Add +38.9% |
| NRG NRG Energy Inc. | 0.21% | 170,215 | $11.5M | New |
| CTSH Cognizant Tech Solutions-A | 0.21% | 155,928 | $11.4M | Add +291.3% |
| VST Vistra Corp. | 0.21% | 163,962 | $11.4M | Add +7.0% |
| ICOW Pacer Developed Markets Inte | 0.21% | 356,934 | $11.4M | New |
| BMY Bristol-Myers Squibb Co. | 0.20% | 208,436 | $11.3M | Add +20.7% |
Portfolio Sells Q4 2023 → Q1 2024
| MINT PIMCO Enhanced Short Maturit | Sold out | 0.00% | −0.84 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -73.3% | 0.15% | −0.59 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -91.5% | 0.03% | −0.38 |
| MTH Meritage Homes Corp. | Reduce -83.0% | 0.05% | −0.34 |
| PFE Pfizer Inc. | Reduce -49.6% | 0.13% | −0.24 |
| DG Dollar General Corp. | Reduce -95.1% | 0.01% | −0.23 |
| ARCB Arcbest Corp. | Reduce -79.7% | 0.05% | −0.22 |
| SGOL Abrdn Physical Gold Shares | Reduce -84.8% | 0.03% | −0.20 |
| SCHG Schwab US Large-Cap Growth | Sold out | 0.00% | −0.19 |
| RHI Robert Half Inc. | Reduce -75.5% | 0.04% | −0.19 |
| CALM Cal-Maine Foods Inc. | Reduce -70.1% | 0.05% | −0.19 |
| TPR Tapestry Inc. | Reduce -55.4% | 0.13% | −0.18 |
| PARR Par Pacific Holdings Inc. | Reduce -38.5% | 0.15% | −0.18 |
| ASO Academy Sports & Outdoors Inc. | Sold out | 0.00% | −0.18 |
| TMHC Taylor Morrison Home Corp. | Reduce -40.0% | 0.18% | −0.18 |
| DINO HF Sinclair Corp. | Reduce -64.4% | 0.07% | −0.17 |
| HUBG Hub Group Inc. Class A | Sold out | 0.00% | −0.17 |
| IVAL Alpha Archi Intl QT Vlu ETF | Reduce -51.3% | 0.10% | −0.17 |
| BKLN Invesco Senior Loan ETF | Reduce -1.0% | 0.41% | −0.17 |
| CF CF Industries Holdings Inc. | Reduce -47.4% | 0.11% | −0.16 |
| NUE Nucor Corp. | Reduce -56.9% | 0.09% | −0.16 |
| DHI D.R. Horton Inc. | Reduce -10.6% | 0.37% | −0.16 |
| NVR NVR Inc. | Reduce -67.4% | 0.06% | −0.16 |
| GPI Group 1 Automotive Inc. | Reduce -66.4% | 0.05% | −0.16 |
| CTRA Coterra Energy Inc. | Reduce -55.3% | 0.08% | −0.16 |
| ABBV Abbvie Inc. | Reduce -42.0% | 0.15% | −0.15 |
| MHK Mohawk Industries Inc. | Sold out | 0.00% | −0.15 |
| MOS The Mosaic Co. | Reduce -70.7% | 0.04% | −0.15 |
| AAL American Airlines Group Inc. | Reduce -97.7% | 0.00% | −0.15 |
| RL Ralph Lauren Corp. | Sold out | 0.00% | −0.15 |
| PBF PBF Energy Inc. Class A | Reduce -68.5% | 0.06% | −0.15 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -94.5% | 0.01% | −0.15 |
| CHRW C.H. Robinson Worldwide Inc. | Reduce -64.8% | 0.04% | −0.14 |
| BTU Peabody Energy Corp. | Sold out | 0.00% | −0.14 |
| EXPD Expeditors Intl Wash Inc. | Reduce -72.2% | 0.03% | −0.14 |
| CIVI Civitas Resources Inc. | Reduce -73.4% | 0.04% | −0.13 |
| KO The Coca-Cola Co. | Reduce -14.5% | 0.23% | −0.13 |
| LOW Lowe's Cos Inc. | Reduce -40.5% | 0.13% | −0.13 |
| ANET Arista Networks Inc. | Reduce -59.9% | 0.07% | −0.13 |
| PANW Palo Alto Networks Inc. | Reduce -74.0% | 0.03% | −0.13 |
| BKNG Booking Holdings Inc. | Reduce -27.4% | 0.14% | −0.12 |
| AMGN Amgen Inc. | Reduce -18.1% | 0.17% | −0.12 |
| PXD Pioneer Natural Resources Co. | Reduce -16.6% | 0.28% | −0.12 |
| CB Chubb Ltd. | Reduce -78.7% | 0.03% | −0.12 |
| FXE Invesco Currencyshares Euro | Sold out | 0.00% | −0.12 |
| FXY Invesco Currencyshares Japan | Sold out | 0.00% | −0.12 |
| AZO AutoZone Inc. | Reduce -68.4% | 0.04% | −0.11 |
| AROC Archrock Inc. | Reduce -67.5% | 0.05% | −0.11 |
| CPRT Copart Inc. | Reduce -62.7% | 0.05% | −0.11 |
| KBH KB Home | Reduce -28.6% | 0.15% | −0.11 |
Portfolio Buys Q4 2023 → Q1 2024
| VTI VG Morningstar TS MKT ETF-US | Add +2879.6% | 1.18% | +1.13 |
| IQLT iShares MSCI International Q | New | 0.93% | +0.93 |
| DSTL Distillate US Fundamental St | New | 0.80% | +0.80 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | New | 0.74% | +0.74 |
| VWO Vanguard Ftse Emerging Marke | Add +3354.1% | 0.74% | +0.71 |
| VT Vanguard Tot World STK ETF | New | 0.69% | +0.69 |
| VEA Vanguard Ftse Developed ETF | Add +2066.3% | 0.69% | +0.65 |
| IDEV iShares Core MSCI Dev MKTS | New | 0.58% | +0.58 |
| AVDV Avantis Intl S/C Value ETF | New | 0.52% | +0.52 |
| AVUV Avantis US Small Cap Value | New | 0.50% | +0.50 |
| NVDA Nvidia Corp. | Add +23.0% | 1.16% | +0.44 |
| DFIV Dimensional International Va | New | 0.43% | +0.43 |
| DFEM Dimensional Emrg MRKT Core | New | 0.41% | +0.41 |
| DUHP Dimensional US High Profi Et | New | 0.34% | +0.34 |
| AVRE Avantis Real Estate ETF | New | 0.34% | +0.34 |
| FLJP Franklin Ftse Japan ETF | New | 0.34% | +0.34 |
| COR Cencora Inc. | Add +1433.7% | 0.35% | +0.33 |
| COWZ Pacer US Cash Cows 100 ETF | New | 0.32% | +0.32 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +4441.8% | 0.33% | +0.32 |
| DIHP Dimensional International Hi | New | 0.27% | +0.27 |
| AVEM Avantis Emerging Markets Eq | New | 0.26% | +0.26 |
| DFAS Dimensional US Small Cap ETF | New | 0.26% | +0.26 |
| ELV Elevance Health Inc. | Add +376.6% | 0.32% | +0.23 |
| PCAR Paccar Inc. | Add +160.0% | 0.38% | +0.22 |
| MRK Merck & Co. Inc. | Add +122.6% | 0.44% | +0.22 |
| DFAT Dimensional US Target Value | New | 0.21% | +0.21 |
| NRG NRG Energy Inc. | New | 0.21% | +0.21 |
| ICOW Pacer Developed Markets Inte | New | 0.21% | +0.21 |
| THC Tenet Healthcare Corp. | New | 0.20% | +0.20 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +298.5% | 0.28% | +0.19 |
| MBC Masterbrand Inc. | New | 0.18% | +0.18 |
| STIP iShares 0-5 Year Tips Bond E | New | 0.18% | +0.18 |
| MMM 3M Co. | Add +1089.2% | 0.20% | +0.18 |
| T AT&T Inc. | Add +469.3% | 0.23% | +0.18 |
| NOW ServiceNow Inc. | Add +177.9% | 0.33% | +0.18 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +192.4% | 0.30% | +0.17 |
| EMHY iShares J.P. Morgan Em High | New | 0.17% | +0.17 |
| CMCSA Comcast Corp. Class A | Add +113.5% | 0.48% | +0.17 |
| QCOM Qualcomm Inc. | Add +99.8% | 0.37% | +0.15 |
| XLV SS Health Care Select Sector | New | 0.15% | +0.15 |
| BIZD Vaneck BDC Income ETF | New | 0.14% | +0.14 |
| XLC SS Comm Select Sector SPDR | New | 0.14% | +0.14 |
| VNQ Vanguard Real Estate ETF | Add +393.3% | 0.19% | +0.14 |
| PSX Phillips 66 | Add +46.5% | 0.61% | +0.14 |
| ADM Archer-Daniels-Midland Co. | Add +872.1% | 0.16% | +0.14 |
| PAYX Paychex Inc. | Add +400.7% | 0.18% | +0.13 |
| MLKN Millerknoll Inc. | New | 0.13% | +0.13 |
| SNX TD Synnex Corp. | New | 0.13% | +0.13 |
| CTSH Cognizant Tech Solutions-A | Add +291.3% | 0.21% | +0.13 |
| HPQ HP Inc. | Add +134.0% | 0.32% | +0.13 |
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 |