Empowered Funds, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 30, 2024), Empowered Funds, LLC reported 1,369 stock positions worth $5.8 billion. Its top holding was Exxon Mobil (XOM) at 2.0% of the portfolio, followed by Alpha Architect 1-3 MNTH Box (BOXX, 2.0%) and Nvidia (NVDA, 1.8%). Compared with Q1 2024, it opened 115 new positions, sold out of 119, added to 1,020 and reduced 231. The biggest buy was Avantis US Small Cap Value (AVUV, shares +220%) and the biggest sale VG Morningstar TS MKT ETF-US (VTI, shares −95%).
- Most Recent 13F
- Q2 2026
- Location
- NEWTOWN SQUARE, PA
- CIK
- 0001592828
- Portfolio Value
- $5.8B (Q2 2024)
- SEC Filing
- 0001572838-24-000012 ↗ filed Jul 30, 2024
Holdings Value
Holdings 1,369 stocks · $5.8B
| XOM Exxon Mobil Corp. | 2.02% | 1,011,732 | $116.5M | Add +9.3% |
| BOXX Alpha Architect 1-3 MNTH Box | 2.01% | 1,076,989 | $116.1M | Reduce -6.4% |
| NVDA Nvidia Corp. | 1.77% | 829,553 | $102.5M | Add +16.4% |
| CVX Chevron Corp. | 1.68% | 622,109 | $97.3M | Add +45.0% |
| AAPL Apple Inc. | 1.62% | 444,485 | $93.6M | Add +59.7% |
| VEA Vanguard Ftse Developed ETF | 1.54% | 1,796,545 | $88.8M | Add +136.4% |
| IDEV iShares Core MSCI Dev MKTS | 1.49% | 1,308,453 | $85.9M | Add +173.1% |
| AVUV Avantis US Small Cap Value | 1.47% | 945,576 | $84.8M | Add +219.6% |
| MSFT Microsoft Corp. | 1.30% | 168,533 | $75.3M | Reduce -3.0% |
| VWO Vanguard Ftse Emerging Marke | 0.95% | 1,253,475 | $54.9M | Add +27.4% |
| AVRE Avantis Real Estate ETF | 0.75% | 1,052,620 | $43.4M | Add +139.3% |
| AVDV Avantis Intl S/C Value ETF | 0.74% | 656,256 | $42.6M | Add +50.4% |
| GOOGL Alphabet Inc. Class A | 0.66% | 210,638 | $38.4M | Add +12.1% |
| VLO Valero Energy Corp. | 0.63% | 234,014 | $36.7M | Add +33.5% |
| AMZN Amazon.com Inc. | 0.62% | 184,011 | $35.6M | Reduce -0.6% |
| JAAA Janus Henderson Aaa Clo ETF | 0.60% | 684,868 | $34.7M | New |
| AVES Avantis Emerging Markets Val | 0.59% | 704,082 | $34.3M | New |
| EOG EOG Resources Inc. | 0.59% | 270,119 | $34.0M | Add +29.9% |
| MPC Marathon Petroleum Corp. | 0.58% | 192,018 | $33.3M | Add +34.9% |
| OC Owens Corning | 0.55% | 183,255 | $31.8M | Add +56.6% |
| COP Conocophillips | 0.55% | 275,979 | $31.6M | Reduce -15.4% |
| LLY Eli Lilly & Co. | 0.52% | 33,316 | $30.2M | Add +4.0% |
| PHM Pultegroup Inc. | 0.52% | 273,673 | $30.1M | Add +41.9% |
| CMCSA Comcast Corp. Class A | 0.52% | 765,456 | $30.0M | Add +24.9% |
| AVGO Broadcom Inc. | 0.51% | 18,274 | $29.3M | Add +17.9% |
| FANG Diamondback Energy Inc. | 0.49% | 141,221 | $28.3M | Add +110.9% |
| VOO Vanguard S&P 500 ETF | 0.48% | 55,758 | $27.9M | Add +3.2% |
| META Meta Platforms Inc. Class A | 0.48% | 54,730 | $27.6M | Reduce -18.6% |
| PSX Phillips 66 | 0.41% | 166,651 | $23.5M | Reduce -18.9% |
| HD Home Depot Inc. | 0.40% | 67,149 | $23.1M | Add +64.7% |
| TIDAL ETF TR | 0.40% | 1,160,586 | $23.0M | New |
| JNJ Johnson & Johnson | 0.40% | 157,192 | $23.0M | Add +55.3% |
| PG The Procter & Gamble Co. | 0.40% | 139,252 | $23.0M | Add +37.8% |
| STIP iShares 0-5 Year Tips Bond E | 0.38% | 223,754 | $22.1M | Add +123.3% |
| DVN Devon Energy Corp. | 0.38% | 464,893 | $22.0M | Add +70.6% |
| JPM JPMorgan Chase & Co. | 0.36% | 102,169 | $20.7M | Add +12.2% |
| AMGN Amgen Inc. | 0.35% | 64,543 | $20.2M | Add +99.3% |
| PCAR Paccar Inc. | 0.35% | 193,770 | $19.9M | Add +15.2% |
| VZ Verizon Communications Inc. | 0.34% | 473,096 | $19.5M | Add +15.1% |
| CSCO Cisco Systems Inc. | 0.32% | 391,426 | $18.6M | Reduce -25.4% |
| ELV Elevance Health Inc. | 0.31% | 33,586 | $18.2M | Reduce -0.7% |
| MO Altria Group Inc. | 0.31% | 395,753 | $18.0M | Add +31.6% |
| FOXA Fox Corp. Class A | 0.30% | 501,457 | $17.2M | Add +56.9% |
| T AT&T Inc. | 0.30% | 896,713 | $17.1M | Add +22.8% |
| CAT Caterpillar Inc. | 0.30% | 51,428 | $17.1M | Add +171.7% |
| CI The Cigna Group | 0.30% | 51,627 | $17.1M | Add +23.3% |
| GILD Gilead Sciences Inc. | 0.29% | 244,518 | $16.8M | Add +24.9% |
| GOOG Alphabet Inc. Class C | 0.29% | 91,348 | $16.8M | Add +6.2% |
| V Visa Inc. Class A | 0.29% | 62,896 | $16.5M | Add +7.5% |
| MOH Molina Healthcare Inc. | 0.28% | 55,386 | $16.5M | Add +30.4% |
| QCOM Qualcomm Inc. | 0.28% | 82,477 | $16.4M | Reduce -31.6% |
| SNA Snap-on Inc. | 0.28% | 62,628 | $16.4M | Add +113.4% |
| UTHR United Therapeutics Corp. | 0.27% | 49,641 | $15.8M | Add +18.9% |
| UNH Unitedhealth Group Inc. | 0.27% | 30,868 | $15.7M | Reduce -3.8% |
| LMT Lockheed Martin Corp. | 0.27% | 33,499 | $15.6M | Add +24.3% |
| KO The Coca-Cola Co. | 0.27% | 245,263 | $15.6M | Add +16.8% |
| UPS United Parcel Service Class B | 0.27% | 114,053 | $15.6M | Add +63.5% |
| ABBV Abbvie Inc. | 0.27% | 90,605 | $15.5M | Add +101.3% |
| WSM Williams-Sonoma Inc. | 0.26% | 53,475 | $15.1M | Add +418.2% |
| PEP Pepsico Inc. | 0.26% | 91,379 | $15.1M | Add +10.7% |
| ULTA Ulta Beauty Inc. | 0.26% | 38,909 | $15.0M | Add +6278.5% |
| HES Hess Corp. | 0.26% | 100,818 | $14.9M | Add +89.8% |
| MCD McDonald's Corp. | 0.26% | 58,163 | $14.8M | Add +81.8% |
| LRCX Lam Research Corp. | 0.25% | 13,817 | $14.7M | Add +127.9% |
| CRM Salesforce Inc. | 0.25% | 57,158 | $14.7M | Add +177.9% |
| BKNG Booking Holdings Inc. | 0.25% | 3,705 | $14.7M | Add +71.0% |
| AMD Advanced Micro Devices | 0.25% | 88,423 | $14.3M | Add +20.1% |
| CNC Centene Corp. | 0.25% | 215,850 | $14.3M | Add +122.3% |
| SKYW Skywest Inc. | 0.25% | 173,035 | $14.2M | Reduce -1.4% |
| JBL Jabil Inc. | 0.25% | 130,269 | $14.2M | Add +234.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.24% | 34,732 | $14.1M | Add +15.1% |
| VRTX Vertex Pharmaceuticals Inc. | 0.24% | 30,087 | $14.1M | Add +346.5% |
| TSLA Tesla Inc. | 0.24% | 70,562 | $14.0M | Add +17.0% |
| SM SM Energy Co. | 0.24% | 320,637 | $13.9M | Add +56.3% |
| FTNT Fortinet Inc. | 0.24% | 229,778 | $13.8M | Add +678.9% |
| OXY Occidental Petroleum Corp. | 0.24% | 219,152 | $13.8M | Add +70.8% |
| WMT Walmart Inc. | 0.24% | 203,728 | $13.8M | Add +27.1% |
| MRO Marathon Oil Corp. | 0.24% | 475,816 | $13.6M | Add +16.5% |
| DINO HF Sinclair Corp. | 0.24% | 255,575 | $13.6M | Add +326.2% |
| DAL Delta Air Lines Inc. | 0.23% | 285,556 | $13.5M | Reduce -7.3% |
| ALSN Allison Transmission Holding | 0.23% | 175,739 | $13.3M | Add +6.4% |
| AMAT Applied Materials Inc. | 0.23% | 56,294 | $13.3M | Reduce -13.2% |
| RTX RTX Corp. | 0.23% | 130,410 | $13.1M | Add +85.8% |
| BLDR Builders Firstsource Inc. | 0.22% | 93,826 | $13.0M | Add +55.4% |
| HCC Warrior Met Coal Inc. | 0.22% | 206,865 | $13.0M | Add +6.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.22% | 74,796 | $12.9M | Add +21.7% |
| APA Apa Corp. | 0.22% | 436,533 | $12.9M | Reduce -13.3% |
| LEN Lennar Corp. Class A | 0.22% | 85,528 | $12.8M | Add +27.2% |
| MHO M/I Homes Inc. | 0.22% | 103,978 | $12.7M | Add +6.0% |
| MRK Merck & Co. Inc. | 0.22% | 101,130 | $12.5M | Reduce -45.8% |
| DHI D.R. Horton Inc. | 0.21% | 87,879 | $12.4M | Reduce -29.3% |
| MA Mastercard Inc. Class A | 0.21% | 27,852 | $12.3M | Add +15.2% |
| ASML ASML Holding NV-NY Reg SHS | 0.21% | 11,941 | $12.2M | Add +27.6% |
| GOLDEN OCEAN GROUP LTD | 0.21% | 882,462 | $12.2M | Add +7.8% |
| PYPL PayPal Holdings Inc. | 0.21% | 209,723 | $12.2M | Add +52.4% |
| PM Philip Morris International | 0.20% | 116,435 | $11.8M | Add +47.5% |
| PAYX Paychex Inc. | 0.20% | 99,323 | $11.8M | Add +21.6% |
| TXRH Texas Roadhouse Inc. | 0.20% | 67,766 | $11.6M | Add +948.9% |
| INTC Intel Corp. | 0.20% | 375,619 | $11.6M | Add +55.9% |
| NRG NRG Energy Inc. | 0.20% | 149,381 | $11.6M | Reduce -12.2% |
Portfolio Sells Q1 2024 → Q2 2024
| VTI VG Morningstar TS MKT ETF-US | Reduce -95.3% | 0.06% | −1.12 |
| IQLT iShares MSCI International Q | Sold out | 0.00% | −0.93 |
| DSTL Distillate US Fundamental St | Sold out | 0.00% | −0.80 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Sold out | 0.00% | −0.74 |
| VT Vanguard Tot World STK ETF | Sold out | 0.00% | −0.69 |
| DFIV Dimensional International Va | Sold out | 0.00% | −0.43 |
| DFEM Dimensional Emrg MRKT Core | Sold out | 0.00% | −0.41 |
| TOL Toll Brothers Inc. | Reduce -59.3% | 0.19% | −0.36 |
| DUHP Dimensional US High Profi Et | Sold out | 0.00% | −0.34 |
| FLJP Franklin Ftse Japan ETF | Sold out | 0.00% | −0.34 |
| COWZ Pacer US Cash Cows 100 ETF | Sold out | 0.00% | −0.32 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -94.4% | 0.02% | −0.31 |
| PXD Pioneer Natural Resources Co. | Sold out | 0.00% | −0.28 |
| DIHP Dimensional International Hi | Sold out | 0.00% | −0.27 |
| BKLN Invesco Senior Loan ETF | Reduce -64.0% | 0.14% | −0.27 |
| AVEM Avantis Emerging Markets Eq | Sold out | 0.00% | −0.26 |
| DFAS Dimensional US Small Cap ETF | Sold out | 0.00% | −0.26 |
| NOW ServiceNow Inc. | Reduce -78.0% | 0.07% | −0.26 |
| SLB SLB Ltd. | Reduce -90.5% | 0.02% | −0.24 |
| LNG Cheniere Energy Inc. | Reduce -80.8% | 0.06% | −0.24 |
| MRK Merck & Co. Inc. | Reduce -45.8% | 0.22% | −0.23 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -74.7% | 0.07% | −0.22 |
| DFAT Dimensional US Target Value | Sold out | 0.00% | −0.21 |
| ICOW Pacer Developed Markets Inte | Sold out | 0.00% | −0.21 |
| SPDW Ste STR SPDR PT DW Eu ETF | Reduce -65.0% | 0.10% | −0.20 |
| COP Conocophillips | Reduce -15.4% | 0.55% | −0.20 |
| BOXX Alpha Architect 1-3 MNTH Box | Reduce -6.4% | 2.01% | −0.20 |
| COR Cencora Inc. | Reduce -51.0% | 0.15% | −0.20 |
| PSX Phillips 66 | Reduce -18.9% | 0.41% | −0.20 |
| BMY Bristol-Myers Squibb Co. | Reduce -76.6% | 0.04% | −0.17 |
| EMHY iShares J.P. Morgan Em High | Sold out | 0.00% | −0.17 |
| DHI D.R. Horton Inc. | Reduce -29.3% | 0.21% | −0.16 |
| CSCO Cisco Systems Inc. | Reduce -25.4% | 0.32% | −0.15 |
| IRM Iron Mountain Inc. | Reduce -88.8% | 0.02% | −0.15 |
| XLV SS Health Care Select Sector | Sold out | 0.00% | −0.15 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -93.8% | 0.01% | −0.14 |
| OKE Oneok Inc. | Reduce -91.6% | 0.01% | −0.14 |
| BIZD Vaneck BDC Income ETF | Sold out | 0.00% | −0.14 |
| XLC SS Comm Select Sector SPDR | Sold out | 0.00% | −0.14 |
| AMR Alpha Metallurgical Resource | Reduce -45.3% | 0.11% | −0.14 |
| ETSY Etsy Inc. | Sold out | 0.00% | −0.13 |
| HPQ HP Inc. | Reduce -47.9% | 0.18% | −0.13 |
| TPH Tri Pointe Homes Inc. | Reduce -64.8% | 0.06% | −0.13 |
| SNX TD Synnex Corp. | Sold out | 0.00% | −0.13 |
| HUM Humana Inc. | Reduce -78.8% | 0.04% | −0.13 |
| UGI Ugi Corp. | Reduce -67.6% | 0.05% | −0.13 |
| VST Vistra Corp. | Reduce -68.5% | 0.08% | −0.13 |
| EFV iShares MSCI Eafe Value ETF | Sold out | 0.00% | −0.13 |
| CNH CNH Industrial NV | Reduce -94.7% | 0.01% | −0.13 |
| SKX Skechers USA Inc. Class A | Sold out | 0.00% | −0.12 |
Portfolio Buys Q1 2024 → Q2 2024
| AVUV Avantis US Small Cap Value | Add +219.6% | 1.47% | +0.97 |
| IDEV iShares Core MSCI Dev MKTS | Add +173.1% | 1.49% | +0.91 |
| VEA Vanguard Ftse Developed ETF | Add +136.4% | 1.54% | +0.85 |
| AAPL Apple Inc. | Add +59.7% | 1.62% | +0.76 |
| NVDA Nvidia Corp. | Add +16.4% | 1.77% | +0.61 |
| JAAA Janus Henderson Aaa Clo ETF | New | 0.60% | +0.60 |
| AVES Avantis Emerging Markets Val | New | 0.59% | +0.59 |
| CVX Chevron Corp. | Add +45.0% | 1.68% | +0.46 |
| AVRE Avantis Real Estate ETF | Add +139.3% | 0.75% | +0.42 |
| TIDAL ETF TR | New | 0.40% | +0.40 |
| ULTA Ulta Beauty Inc. | Add +6278.5% | 0.26% | +0.25 |
| FANG Diamondback Energy Inc. | Add +110.9% | 0.49% | +0.25 |
| AVDV Avantis Intl S/C Value ETF | Add +50.4% | 0.74% | +0.22 |
| VWO Vanguard Ftse Emerging Marke | Add +27.4% | 0.95% | +0.21 |
| FTNT Fortinet Inc. | Add +678.9% | 0.24% | +0.20 |
| STIP iShares 0-5 Year Tips Bond E | Add +123.3% | 0.38% | +0.20 |
| WSM Williams-Sonoma Inc. | Add +418.2% | 0.26% | +0.20 |
| OC Owens Corning | Add +56.6% | 0.55% | +0.20 |
| VRTX Vertex Pharmaceuticals Inc. | Add +346.5% | 0.24% | +0.19 |
| VGK Vanguard Ftse Europe ETF | New | 0.19% | +0.19 |
| TXRH Texas Roadhouse Inc. | Add +948.9% | 0.20% | +0.18 |
| AMGN Amgen Inc. | Add +99.3% | 0.35% | +0.18 |
| CAT Caterpillar Inc. | Add +171.7% | 0.30% | +0.17 |
| DINO HF Sinclair Corp. | Add +326.2% | 0.24% | +0.17 |
| EA Electronic Arts Inc. | Add +671.7% | 0.18% | +0.16 |
| CACI Caci International Inc. Class A | Add +722.7% | 0.17% | +0.15 |
| GOOGL Alphabet Inc. Class A | Add +12.1% | 0.66% | +0.15 |
| JBL Jabil Inc. | Add +234.8% | 0.25% | +0.15 |
| LRCX Lam Research Corp. | Add +127.9% | 0.25% | +0.15 |
| CRM Salesforce Inc. | Add +177.9% | 0.25% | +0.14 |
| AVGO Broadcom Inc. | Add +17.9% | 0.51% | +0.14 |
| JNPR Juniper Networks Inc. | New | 0.14% | +0.14 |
| TAP Molson Coors Beverage Co. Class B | Add +808.6% | 0.16% | +0.13 |
| DVN Devon Energy Corp. | Add +70.6% | 0.38% | +0.13 |
| NVR NVR Inc. | Add +263.9% | 0.19% | +0.13 |
| RS Reliance Inc. | Add +2114.2% | 0.14% | +0.13 |
| LKQ LKQ Corp. | Add +1023.0% | 0.15% | +0.13 |
| SNA Snap-on Inc. | Add +113.4% | 0.28% | +0.13 |
| KHC The Kraft Heinz Co. | Add +479.0% | 0.16% | +0.13 |
| ADI Analog Devices Inc. | Add +163.0% | 0.19% | +0.12 |
| ON On Semiconductor | Add +430.0% | 0.16% | +0.12 |
| ABBV Abbvie Inc. | Add +101.3% | 0.27% | +0.12 |
| DNOW Dnow Inc. | New | 0.12% | +0.12 |
| MAT Mattel Inc. | New | 0.12% | +0.12 |
| PBF PBF Energy Inc. Class A | Add +279.5% | 0.18% | +0.12 |
| PVH PVH Corp. | New | 0.12% | +0.12 |
| SSNC Ss&c Technologies Holdings | Add +3321.5% | 0.12% | +0.12 |
| NTAP Netapp Inc. | Add +167.7% | 0.17% | +0.12 |
| FOXA Fox Corp. Class A | Add +56.9% | 0.30% | +0.12 |
| HD Home Depot Inc. | Add +64.7% | 0.40% | +0.12 |
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 |