Empowered Funds, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 28, 2025), Empowered Funds, LLC reported 1,670 stock positions worth $6.8 billion. Its top holding was Apple (AAPL) at 1.8% of the portfolio, followed by Nvidia (NVDA, 1.7%) and Exxon Mobil (XOM, 1.5%). Compared with Q3 2024, it opened 362 new positions, sold out of 84, added to 1,044 and reduced 253. The biggest buy was a new position in Schwab US Large-Cap ETF (SCHX) and the biggest sale an exit from Vanguard Tot World STK ETF (VT).
- Most Recent 13F
- Q2 2026
- Location
- NEWTOWN SQUARE, PA
- CIK
- 0001592828
- Portfolio Value
- $6.8B (Q4 2024)
- SEC Filing
- 0001592828-25-000001 ↗ filed Jan 28, 2025
Holdings Value
Holdings 1,670 stocks · $6.8B
| AAPL Apple Inc. | 1.81% | 495,363 | $124.0M | Add +16.1% |
| NVDA Nvidia Corp. | 1.66% | 847,197 | $113.8M | Add +10.4% |
| XOM Exxon Mobil Corp. | 1.54% | 977,720 | $105.2M | Add +5.8% |
| AVUV Avantis US Small Cap Value | 1.41% | 1,000,486 | $96.6M | Add +3.2% |
| CVX Chevron Corp. | 1.40% | 663,463 | $96.1M | Add +1.3% |
| VEA Vanguard Ftse Developed ETF | 1.39% | 1,986,486 | $95.0M | Add +5.8% |
| IDEV iShares Core MSCI Dev MKTS | 1.34% | 1,419,822 | $91.5M | Add +6.7% |
| MSFT Microsoft Corp. | 1.18% | 191,117 | $80.6M | Add +16.2% |
| SCHX Schwab US Large-Cap ETF | 0.98% | 2,894,843 | $67.1M | New |
| VWO Vanguard Ftse Emerging Marke | 0.83% | 1,284,226 | $56.6M | Add +1.9% |
| AVGO Broadcom Inc. | 0.83% | 243,801 | $56.5M | Add +31.3% |
| AMZN Amazon.com Inc. | 0.82% | 255,120 | $56.0M | Add +24.1% |
| META Meta Platforms Inc. Class A | 0.78% | 91,267 | $53.4M | Reduce -0.5% |
| AVRE Avantis Real Estate ETF | 0.73% | 1,187,794 | $49.8M | Add +11.1% |
| AVDV Avantis Intl S/C Value ETF | 0.67% | 707,459 | $46.0M | Add +5.9% |
| GOOGL Alphabet Inc. Class A | 0.64% | 230,302 | $43.6M | Add +2.6% |
| EOG EOG Resources Inc. | 0.53% | 293,056 | $35.9M | Add +5.6% |
| AVES Avantis Emerging Markets Val | 0.51% | 755,782 | $34.9M | Add +5.2% |
| TSLA Tesla Inc. | 0.51% | 86,305 | $34.9M | Add +18.9% |
| COP Conocophillips | 0.48% | 330,429 | $32.8M | Add +11.3% |
| MRK Merck & Co. Inc. | 0.47% | 320,784 | $31.9M | Add +29.1% |
| MPC Marathon Petroleum Corp. | 0.46% | 226,996 | $31.7M | Reduce -6.1% |
| JPM JPMorgan Chase & Co. | 0.44% | 125,938 | $30.2M | Add +13.4% |
| JBBB Janus Henderson B-BBB Clo Et | 0.44% | 607,635 | $29.9M | New |
| TOL Toll Brothers Inc. | 0.43% | 232,180 | $29.2M | Add +228.1% |
| VLO Valero Energy Corp. | 0.40% | 224,782 | $27.6M | Add +1.1% |
| JNJ Johnson & Johnson | 0.40% | 190,238 | $27.5M | Add +11.2% |
| PG The Procter & Gamble Co. | 0.40% | 161,933 | $27.1M | Add +16.5% |
| LLY Eli Lilly & Co. | 0.39% | 34,841 | $26.9M | Add +9.6% |
| QCOM Qualcomm Inc. | 0.39% | 174,743 | $26.8M | Add +42.8% |
| CSCO Cisco Systems Inc. | 0.39% | 449,442 | $26.6M | Add +5.8% |
| HD Home Depot Inc. | 0.38% | 67,654 | $26.3M | Add +1.4% |
| V Visa Inc. Class A | 0.38% | 81,263 | $25.7M | Add +12.0% |
| STIP iShares 0-5 Year Tips Bond E | 0.37% | 254,166 | $25.6M | Add +10.3% |
| PFE Pfizer Inc. | 0.34% | 877,300 | $23.3M | Add +72.6% |
| AMGN Amgen Inc. | 0.34% | 89,086 | $23.2M | Add +39.9% |
| FTNT Fortinet Inc. | 0.34% | 245,334 | $23.2M | Add +1.2% |
| SYF Synchrony Financial | 0.34% | 354,903 | $23.1M | Add +123.3% |
| ELV Elevance Health Inc. | 0.33% | 61,872 | $22.8M | Add +47.4% |
| NRG NRG Energy Inc. | 0.33% | 250,547 | $22.6M | Add +57.7% |
| FANG Diamondback Energy Inc. | 0.31% | 130,364 | $21.4M | Add +15.3% |
| PEP Pepsico Inc. | 0.31% | 138,963 | $21.1M | Add +39.3% |
| FOXA Fox Corp. Class A | 0.31% | 433,029 | $21.0M | Add +53.9% |
| GOOG Alphabet Inc. Class C | 0.30% | 109,097 | $20.8M | Add +8.2% |
| UNH Unitedhealth Group Inc. | 0.30% | 40,399 | $20.4M | Add +25.9% |
| GILD Gilead Sciences Inc. | 0.30% | 219,579 | $20.3M | Add +55.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.29% | 44,401 | $20.1M | Add +20.3% |
| TXRH Texas Roadhouse Inc. | 0.29% | 111,412 | $20.1M | Add +13.0% |
| MA Mastercard Inc. Class A | 0.29% | 37,468 | $19.7M | Add +28.3% |
| MOH Molina Healthcare Inc. | 0.28% | 66,900 | $19.5M | Add +22.4% |
| JBL Jabil Inc. | 0.28% | 135,203 | $19.5M | Reduce -7.2% |
| HES Hess Corp. | 0.28% | 144,921 | $19.3M | Add +49.7% |
| PSX Phillips 66 | 0.28% | 168,514 | $19.2M | Add +10.1% |
| TGT Target Corp. | 0.28% | 141,458 | $19.1M | Add +87.5% |
| MO Altria Group Inc. | 0.28% | 365,014 | $19.1M | Add +1.2% |
| LEN Lennar Corp. Class A | 0.28% | 138,445 | $18.9M | Add +36.2% |
| DVN Devon Energy Corp. | 0.27% | 574,179 | $18.8M | Reduce -19.2% |
| ANF Abercrombie & Fitch Co. Class A | 0.27% | 124,115 | $18.6M | Add +108.9% |
| TT Trane Technologies PLC | 0.27% | 49,638 | $18.3M | Add +136.0% |
| CMCSA Comcast Corp. Class A | 0.27% | 484,519 | $18.2M | Reduce -39.5% |
| WAB Wabtec Corp. | 0.26% | 94,036 | $17.8M | Add +40.7% |
| MCK McKesson Corp. | 0.26% | 31,236 | $17.8M | Reduce -12.6% |
| VZ Verizon Communications Inc. | 0.26% | 437,781 | $17.5M | Add +17.9% |
| SCHR Schwab Intermediate-Term US | 0.26% | 720,560 | $17.5M | Add +17.6% |
| ABBV Abbvie Inc. | 0.25% | 97,178 | $17.3M | Add +19.6% |
| CNC Centene Corp. | 0.25% | 279,783 | $16.9M | Add +17.3% |
| BMY Bristol-Myers Squibb Co. | 0.24% | 293,943 | $16.6M | Add +575.9% |
| UPS United Parcel Service Class B | 0.24% | 129,683 | $16.4M | Add +71.8% |
| THC Tenet Healthcare Corp. | 0.24% | 129,431 | $16.3M | Add +55.6% |
| CI The Cigna Group | 0.24% | 59,091 | $16.3M | Add +20.1% |
| LMT Lockheed Martin Corp. | 0.24% | 33,328 | $16.2M | Add +11.1% |
| MCD McDonald's Corp. | 0.24% | 55,609 | $16.1M | Add +2.1% |
| NFLX Netflix Inc. | 0.24% | 18,086 | $16.1M | Add +81.3% |
| GM General Motors Co. | 0.23% | 299,814 | $16.0M | Add +1043.8% |
| OVV Ovintiv Inc. | 0.23% | 390,433 | $15.8M | Add +102.2% |
| DAL Delta Air Lines Inc. | 0.23% | 259,474 | $15.7M | Reduce -23.3% |
| TDS Telephone and Data Systems | 0.23% | 453,890 | $15.5M | Reduce -2.8% |
| ORCL Oracle Corp. | 0.22% | 91,630 | $15.3M | Add +22.1% |
| HCA HCA Healthcare Inc. | 0.22% | 50,496 | $15.2M | Add +131.4% |
| KR Kroger Co. | 0.22% | 245,616 | $15.0M | Add +184.7% |
| PHM Pultegroup Inc. | 0.22% | 137,888 | $15.0M | Reduce -18.8% |
| DHI D.R. Horton Inc. | 0.22% | 106,852 | $14.9M | Add +142.8% |
| COR Cencora Inc. | 0.22% | 66,184 | $14.9M | Reduce -13.3% |
| PM Philip Morris International | 0.22% | 123,139 | $14.8M | Add +4.8% |
| GPOR Gulfport Energy Corp. | 0.22% | 80,220 | $14.8M | Add +5.5% |
| KO The Coca-Cola Co. | 0.21% | 235,142 | $14.6M | Add +12.0% |
| WMT Walmart Inc. | 0.21% | 159,125 | $14.4M | Reduce -1.7% |
| CTRA Coterra Energy Inc. | 0.21% | 557,922 | $14.2M | Add +75.0% |
| PANW Palo Alto Networks Inc. | 0.21% | 78,207 | $14.2M | Add +56.0% |
| CRGY Crescent Energy Inc. Class A | 0.21% | 972,725 | $14.2M | Add +5.1% |
| G Genpact Ltd. | 0.20% | 325,379 | $14.0M | Add +1942.3% |
| SKYW Skywest Inc. | 0.20% | 138,286 | $13.8M | Reduce -20.2% |
| TTMI TTM Technologies | 0.20% | 556,986 | $13.8M | Add +2.2% |
| ALSN Allison Transmission Holding | 0.20% | 124,910 | $13.5M | Reduce -19.2% |
| WFC Wells Fargo & Co. | 0.20% | 190,330 | $13.4M | Add +19.1% |
| DKS Dick's Sporting Goods Inc. | 0.19% | 55,740 | $12.8M | Add +100.6% |
| NTAP Netapp Inc. | 0.18% | 108,225 | $12.6M | Reduce -19.1% |
| HCC Warrior Met Coal Inc. | 0.18% | 231,227 | $12.5M | Add +7.2% |
| BFH Bread Financial Holdings Inc. | 0.18% | 205,085 | $12.5M | Reduce -6.0% |
| TXN Texas Instruments Inc. | 0.18% | 66,647 | $12.5M | Reduce -21.5% |
Portfolio Sells Q3 2024 → Q4 2024
| VT Vanguard Tot World STK ETF | Sold out | 0.00% | −1.14 |
| BOXX Alpha Architect 1-3 MNTH Box | Reduce -78.1% | 0.11% | −0.43 |
| OC Owens Corning | Reduce -81.1% | 0.09% | −0.43 |
| CMCSA Comcast Corp. Class A | Reduce -39.5% | 0.27% | −0.26 |
| WSM Williams-Sonoma Inc. | Reduce -75.4% | 0.09% | −0.25 |
| VST Vistra Corp. | Reduce -88.6% | 0.03% | −0.23 |
| MHO M/I Homes Inc. | Reduce -70.3% | 0.06% | −0.21 |
| CVS CVS Health Corp. | Reduce -84.7% | 0.02% | −0.19 |
| SGOL Abrdn Physical Gold Shares | Reduce -71.3% | 0.07% | −0.18 |
| EMHY iShares J.P. Morgan Em High | Sold out | 0.00% | −0.18 |
| VSTO Vista Outdoor Inc. | Sold out | 0.00% | −0.16 |
| PHM Pultegroup Inc. | Reduce -18.8% | 0.22% | −0.16 |
| ALL Allstate Corp. | Reduce -78.8% | 0.04% | −0.16 |
| DVN Devon Energy Corp. | Reduce -19.2% | 0.27% | −0.16 |
| CAT Caterpillar Inc. | Reduce -43.1% | 0.15% | −0.16 |
| SNA Snap-on Inc. | Reduce -59.7% | 0.13% | −0.16 |
| MPC Marathon Petroleum Corp. | Reduce -6.1% | 0.46% | −0.16 |
| POWL Powell Industries Inc. | Sold out | 0.00% | −0.16 |
| HPE Hewlett Packard Enterprise | Reduce -93.0% | 0.01% | −0.15 |
| TROW T Rowe Price Group Inc. | Reduce -70.5% | 0.06% | −0.15 |
| LKQ LKQ Corp. | Sold out | 0.00% | −0.15 |
| PAYX Paychex Inc. | Reduce -75.5% | 0.04% | −0.14 |
| CAH Cardinal Health Inc. | Reduce -72.5% | 0.05% | −0.14 |
| DOCU Docusign Inc. | Reduce -83.6% | 0.04% | −0.13 |
| T AT&T Inc. | Reduce -41.9% | 0.16% | −0.13 |
| UFPI Ufp Industries Inc. | Sold out | 0.00% | −0.13 |
| ULTA Ulta Beauty Inc. | Reduce -78.4% | 0.04% | −0.12 |
| SPGM State Street SPDR Portfolio | Sold out | 0.00% | −0.12 |
| CTSH Cognizant Tech Solutions-A | Reduce -54.8% | 0.09% | −0.12 |
| WCC Wesco International Inc. | Sold out | 0.00% | −0.12 |
| BLD Topbuild Corp. | Reduce -69.4% | 0.03% | −0.12 |
| CONSOL ENERGY INC | Reduce -70.8% | 0.05% | −0.12 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Sold out | 0.00% | −0.12 |
| PCAR Paccar Inc. | Reduce -39.8% | 0.17% | −0.12 |
| GEN Gen Digital Inc. | Reduce -73.8% | 0.04% | −0.12 |
| EME Emcor Group Inc. | Reduce -42.2% | 0.15% | −0.12 |
| EPAM Epam Systems Inc. | Reduce -97.5% | 0.00% | −0.12 |
| BKNG Booking Holdings Inc. | Reduce -48.7% | 0.15% | −0.12 |
| FFIV F5 Inc. | Reduce -96.8% | 0.00% | −0.11 |
| GPK Graphic Packaging Holding Co. | Reduce -96.9% | 0.00% | −0.11 |
| GTES Gates Industrial Corp. UK Ltd. | Sold out | 0.00% | −0.11 |
| NBIX Neurocrine Biosciences Inc. | Sold out | 0.00% | −0.11 |
| KBH KB Home | Reduce -13.4% | 0.18% | −0.11 |
| WING Wingstop Inc. | Sold out | 0.00% | −0.11 |
| CRI Carter's Inc. | Reduce -86.2% | 0.01% | −0.11 |
| BND Vanguard Total Bond Market | Reduce -91.5% | 0.01% | −0.11 |
| PGR Progressive Corp. | Reduce -41.7% | 0.12% | −0.11 |
| ARCH Arch Resources Inc. | Reduce -71.8% | 0.04% | −0.11 |
| CEG Constellation Energy | Reduce -52.7% | 0.06% | −0.11 |
| LBRT Liberty Energy Inc. | Reduce -69.0% | 0.04% | −0.10 |
Portfolio Buys Q3 2024 → Q4 2024
| SCHX Schwab US Large-Cap ETF | New | 0.98% | +0.98 |
| JBBB Janus Henderson B-BBB Clo Et | New | 0.44% | +0.44 |
| AVGO Broadcom Inc. | Add +31.3% | 0.83% | +0.32 |
| TOL Toll Brothers Inc. | Add +228.1% | 0.43% | +0.26 |
| AAPL Apple Inc. | Add +16.1% | 1.81% | +0.25 |
| AMZN Amazon.com Inc. | Add +24.1% | 0.82% | +0.22 |
| GM General Motors Co. | Add +1043.8% | 0.23% | +0.21 |
| SYF Synchrony Financial | Add +123.3% | 0.34% | +0.21 |
| TSLA Tesla Inc. | Add +18.9% | 0.51% | +0.21 |
| BMY Bristol-Myers Squibb Co. | Add +575.9% | 0.24% | +0.21 |
| NVDA Nvidia Corp. | Add +10.4% | 1.66% | +0.20 |
| G Genpact Ltd. | Add +1942.3% | 0.20% | +0.19 |
| CLOZ Eldridge BBB-B Clo ETF | New | 0.17% | +0.17 |
| LDOS Leidos Holdings Inc. | Add +2141.1% | 0.16% | +0.15 |
| NKE Nike Inc. Class B | Add +595.0% | 0.18% | +0.15 |
| KR Kroger Co. | Add +184.7% | 0.22% | +0.14 |
| ANF Abercrombie & Fitch Co. Class A | Add +108.9% | 0.27% | +0.14 |
| TT Trane Technologies PLC | Add +136.0% | 0.27% | +0.14 |
| AOS Smith (a.o.) Corp. | Add +1477.0% | 0.15% | +0.14 |
| AAP Advance Auto Parts Inc. | New | 0.13% | +0.13 |
| JAAA Janus Henderson Aaa Clo ETF | New | 0.13% | +0.13 |
| NFLX Netflix Inc. | Add +81.3% | 0.24% | +0.12 |
| FOXA Fox Corp. Class A | Add +53.9% | 0.31% | +0.12 |
| LNTH Lantheus Holdings Inc. | New | 0.12% | +0.12 |
| MTCH Match Group Inc. | New | 0.12% | +0.12 |
| MMS Maximus Inc. | New | 0.12% | +0.12 |
| BWA Borgwarner Inc. | New | 0.12% | +0.12 |
| UAL United Airlines Holdings Inc. | Add +1627.9% | 0.12% | +0.12 |
| SSNC Ss&c Technologies Holdings | Add +2569.3% | 0.12% | +0.12 |
| TRGP Targa Resources Corp. | Add +1312.5% | 0.12% | +0.12 |
| APTV Aptiv PLC | Add +2056.8% | 0.12% | +0.11 |
| BNY Bank of New York Mellon Corp. | Add +743.6% | 0.13% | +0.11 |
| OVV Ovintiv Inc. | Add +102.2% | 0.23% | +0.11 |
| SNX TD Synnex Corp. | New | 0.11% | +0.11 |
| ADM Archer-Daniels-Midland Co. | Add +364.0% | 0.16% | +0.11 |
| ISRG Intuitive Surgical Inc. | Add +181.3% | 0.18% | +0.11 |
| GILD Gilead Sciences Inc. | Add +55.8% | 0.30% | +0.11 |
| PVH PVH Corp. | Add +947.1% | 0.12% | +0.11 |
| FXY Invesco Currencyshares Japan | New | 0.11% | +0.11 |
| EXEL Exelixis Inc. | New | 0.11% | +0.11 |
| PFE Pfizer Inc. | Add +72.6% | 0.34% | +0.11 |
| PR Permian Resources Corp. Class A | Add +266.8% | 0.15% | +0.11 |
| REGN Regeneron Pharmaceuticals | Add +687.5% | 0.14% | +0.11 |
| DVA Davita Inc. | Add +856.4% | 0.12% | +0.11 |
| TNK Teekay Tankers Ltd. Class A | New | 0.11% | +0.11 |
| GAP The Gap Inc. | Add +1872.1% | 0.11% | +0.11 |
| CCK Crown Holdings Inc. | New | 0.11% | +0.11 |
| INSW International Seaways Inc. | Add +470.8% | 0.14% | +0.10 |
| NRG NRG Energy Inc. | Add +57.7% | 0.33% | +0.10 |
| BBY Best Buy Co. Inc. | Add +312.3% | 0.15% | +0.10 |
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 |