Empowered Funds, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 16, 2025), Empowered Funds, LLC reported 1,614 stock positions worth $7.0 billion. Its top holding was Exxon Mobil (XOM) at 1.7% of the portfolio, followed by Apple (AAPL, 1.5%) and Chevron (CVX, 1.5%). Compared with Q4 2024, it opened 169 new positions, sold out of 226, added to 1,078 and reduced 357. The biggest buy was a new position in Vanguard Short-Term Tips (VTIP) and the biggest sale an exit from Schwab US Large-Cap ETF (SCHX).
- Most Recent 13F
- Q2 2026
- Location
- NEWTOWN SQUARE, PA
- CIK
- 0001592828
- Portfolio Value
- $7.0B (Q1 2025)
- SEC Filing
- 0001592828-25-000006 ↗ filed May 16, 2025
Holdings Value
Holdings 1,614 stocks · $7.0B
| XOM Exxon Mobil Corp. | 1.67% | 988,037 | $117.5M | Add +1.1% |
| AAPL Apple Inc. | 1.51% | 476,686 | $105.9M | Reduce -3.8% |
| CVX Chevron Corp. | 1.48% | 619,904 | $103.7M | Reduce -6.6% |
| NVDA Nvidia Corp. | 1.46% | 948,552 | $102.8M | Add +12.0% |
| VEA Vanguard Ftse Developed ETF | 1.42% | 1,956,188 | $99.4M | Reduce -1.5% |
| IDEV iShares Core MSCI Dev MKTS | 1.41% | 1,435,744 | $98.9M | Add +1.1% |
| AVUV Avantis US Small Cap Value | 1.25% | 1,011,696 | $88.2M | Add +1.1% |
| MSFT Microsoft Corp. | 1.13% | 212,376 | $79.7M | Add +11.1% |
| VWO Vanguard Ftse Emerging Marke | 0.85% | 1,325,766 | $60.0M | Add +3.2% |
| META Meta Platforms Inc. Class A | 0.78% | 94,888 | $54.7M | Add +4.0% |
| AMZN Amazon.com Inc. | 0.74% | 273,778 | $52.1M | Add +7.3% |
| AVRE Avantis Real Estate ETF | 0.74% | 1,201,130 | $51.7M | Add +1.1% |
| AVDV Avantis Intl S/C Value ETF | 0.71% | 715,401 | $49.9M | Add +1.1% |
| MRK Merck & Co. Inc. | 0.64% | 500,902 | $45.0M | Add +56.1% |
| AVGO Broadcom Inc. | 0.63% | 264,686 | $44.3M | Add +8.6% |
| GOOGL Alphabet Inc. Class A | 0.63% | 286,057 | $44.2M | Add +24.2% |
| JPM JPMorgan Chase & Co. | 0.61% | 175,355 | $43.0M | Add +39.2% |
| QCOM Qualcomm Inc. | 0.58% | 266,835 | $41.0M | Add +52.7% |
| AVES Avantis Emerging Markets Val | 0.53% | 796,550 | $37.6M | Add +5.4% |
| COP Conocophillips | 0.52% | 349,191 | $36.7M | Add +5.7% |
| JNJ Johnson & Johnson | 0.50% | 209,778 | $34.8M | Add +10.3% |
| FTNT Fortinet Inc. | 0.45% | 331,121 | $31.9M | Add +35.0% |
| VTIP Vanguard Short-Term Tips | 0.45% | 628,930 | $31.3M | New |
| PG The Procter & Gamble Co. | 0.45% | 183,691 | $31.3M | Add +13.4% |
| V Visa Inc. Class A | 0.43% | 85,366 | $29.9M | Add +5.0% |
| CSCO Cisco Systems Inc. | 0.43% | 484,779 | $29.9M | Add +7.9% |
| VZ Verizon Communications Inc. | 0.41% | 642,368 | $29.1M | Add +46.7% |
| LLY Eli Lilly & Co. | 0.40% | 34,414 | $28.4M | Reduce -1.2% |
| EOG EOG Resources Inc. | 0.40% | 221,157 | $28.4M | Reduce -24.5% |
| MPC Marathon Petroleum Corp. | 0.40% | 194,403 | $28.3M | Reduce -14.4% |
| VLO Valero Energy Corp. | 0.40% | 214,258 | $28.3M | Reduce -4.7% |
| HD Home Depot Inc. | 0.39% | 75,706 | $27.7M | Add +11.9% |
| BOXX Alpha Architect 1-3 MNTH Box | 0.39% | 248,737 | $27.7M | Add +259.0% |
| CMCSA Comcast Corp. Class A | 0.39% | 745,088 | $27.5M | Add +53.8% |
| STIP iShares 0-5 Year Tips Bond E | 0.38% | 259,050 | $26.8M | Add +1.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.37% | 49,433 | $26.3M | Add +11.3% |
| PM Philip Morris International | 0.36% | 159,906 | $25.4M | Add +29.9% |
| AMGN Amgen Inc. | 0.36% | 81,157 | $25.3M | Reduce -8.9% |
| TSLA Tesla Inc. | 0.35% | 95,769 | $24.8M | Add +11.0% |
| GILD Gilead Sciences Inc. | 0.35% | 219,504 | $24.6M | Reduce -0.0% |
| PEP Pepsico Inc. | 0.34% | 160,973 | $24.1M | Add +15.8% |
| MO Altria Group Inc. | 0.34% | 400,072 | $24.0M | Add +9.6% |
| NRG NRG Energy Inc. | 0.34% | 249,022 | $23.8M | Reduce -0.6% |
| ABBV Abbvie Inc. | 0.33% | 109,626 | $23.0M | Add +12.8% |
| UNH Unitedhealth Group Inc. | 0.33% | 43,709 | $22.9M | Add +8.2% |
| CALM Cal-Maine Foods Inc. | 0.33% | 251,228 | $22.8M | Add +315.2% |
| DVN Devon Energy Corp. | 0.32% | 606,244 | $22.7M | Add +5.6% |
| MCK McKesson Corp. | 0.32% | 33,584 | $22.6M | Add +7.5% |
| WMT Walmart Inc. | 0.31% | 250,141 | $22.0M | Add +57.2% |
| KLAC KLA Corp. | 0.31% | 31,788 | $21.6M | Add +140.3% |
| NEM Newmont Corp. | 0.30% | 439,378 | $21.2M | Add +40.7% |
| HES Hess Corp. | 0.30% | 132,704 | $21.2M | Reduce -8.4% |
| THC Tenet Healthcare Corp. | 0.30% | 154,754 | $20.8M | Add +19.6% |
| MA Mastercard Inc. Class A | 0.29% | 37,352 | $20.5M | Reduce -0.3% |
| EME Emcor Group Inc. | 0.28% | 53,142 | $19.6M | Add +134.3% |
| AMAT Applied Materials Inc. | 0.28% | 135,001 | $19.6M | Add +173.7% |
| CI The Cigna Group | 0.28% | 59,043 | $19.4M | Reduce -0.1% |
| PSX Phillips 66 | 0.27% | 154,136 | $19.0M | Reduce -8.5% |
| CAT Caterpillar Inc. | 0.27% | 57,497 | $19.0M | Add +97.0% |
| FOXA Fox Corp. Class A | 0.27% | 334,804 | $18.9M | Reduce -22.7% |
| MCD McDonald's Corp. | 0.27% | 60,410 | $18.9M | Add +8.6% |
| GOOG Alphabet Inc. Class C | 0.27% | 119,386 | $18.7M | Add +9.4% |
| KO The Coca-Cola Co. | 0.26% | 259,260 | $18.6M | Add +10.3% |
| LDOS Leidos Holdings Inc. | 0.26% | 137,128 | $18.5M | Add +80.8% |
| TGT Target Corp. | 0.26% | 176,436 | $18.4M | Add +24.7% |
| NFLX Netflix Inc. | 0.26% | 19,461 | $18.1M | Add +7.6% |
| LMT Lockheed Martin Corp. | 0.26% | 40,380 | $18.0M | Add +21.2% |
| UTHR United Therapeutics Corp. | 0.25% | 57,975 | $17.9M | Add +169.3% |
| FANG Diamondback Energy Inc. | 0.25% | 111,500 | $17.8M | Reduce -14.5% |
| BMY Bristol-Myers Squibb Co. | 0.25% | 291,854 | $17.8M | Reduce -0.7% |
| NTAP Netapp Inc. | 0.25% | 196,428 | $17.3M | Add +81.5% |
| CTRA Coterra Energy Inc. | 0.24% | 593,950 | $17.2M | Add +6.5% |
| WFC Wells Fargo & Co. | 0.24% | 238,824 | $17.1M | Add +25.5% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.24% | 409,391 | $17.1M | Add +55.3% |
| UPS United Parcel Service Class B | 0.24% | 150,381 | $16.5M | Add +16.0% |
| PFE Pfizer Inc. | 0.23% | 629,135 | $15.9M | Reduce -28.3% |
| COST Costco Wholesale Corp. | 0.22% | 16,622 | $15.7M | Add +30.2% |
| LTPZ PIMCO 15+ YR US Tips Indx | 0.22% | 285,894 | $15.7M | New |
| DHI D.R. Horton Inc. | 0.22% | 122,786 | $15.6M | Add +14.9% |
| ORCL Oracle Corp. | 0.22% | 111,233 | $15.6M | Add +21.4% |
| APH Amphenol Corp. Class A | 0.22% | 234,966 | $15.4M | Add +102.8% |
| EMLC Vaneck JPM Em Local Curr BND | 0.22% | 642,973 | $15.3M | New |
| TDS Telephone and Data Systems | 0.22% | 391,180 | $15.2M | Reduce -13.8% |
| PHM Pultegroup Inc. | 0.21% | 145,070 | $14.9M | Add +5.2% |
| ACN Accenture PLC Class A | 0.21% | 47,429 | $14.8M | Add +56.3% |
| HWM Howmet Aerospace Inc. | 0.21% | 112,587 | $14.6M | Add +30.4% |
| FFIV F5 Inc. | 0.21% | 54,673 | $14.6M | Add +4816.6% |
| CVS CVS Health Corp. | 0.20% | 211,484 | $14.3M | Add +560.4% |
| TGNA Tegna Inc. | 0.20% | 785,852 | $14.3M | Add +26.3% |
| TXN Texas Instruments Inc. | 0.20% | 79,554 | $14.3M | Add +19.4% |
| FHI Federated Hermes Inc. | 0.20% | 344,559 | $14.0M | New |
| CORT Corcept Therapeutics Inc. | 0.20% | 122,345 | $14.0M | Add +198.1% |
| LRCX Lam Research Corp. | 0.19% | 187,472 | $13.6M | Add +10.5% |
| MOAT Vaneck Morningstar Wide Moat | 0.19% | 154,405 | $13.6M | Add +22310.0% |
| TPL Texas Pacific Land Corp. | 0.19% | 10,208 | $13.5M | Reduce -1.6% |
| T AT&T Inc. | 0.19% | 475,598 | $13.4M | Reduce -0.8% |
| QQQ Invesco QQQ Trust Series 1 | 0.19% | 28,437 | $13.3M | Add +484.4% |
| LEN Lennar Corp. Class A | 0.19% | 115,940 | $13.3M | Reduce -16.3% |
| GPOR Gulfport Energy Corp. | 0.19% | 71,793 | $13.2M | Reduce -10.5% |
| OC Owens Corning | 0.19% | 92,366 | $13.2M | Add +162.4% |
Portfolio Sells Q4 2024 → Q1 2025
| SCHX Schwab US Large-Cap ETF | Sold out | 0.00% | −0.98 |
| JBBB Janus Henderson B-BBB Clo Et | Sold out | 0.00% | −0.44 |
| AAPL Apple Inc. | Reduce -3.8% | 1.51% | −0.31 |
| SYF Synchrony Financial | Reduce -84.8% | 0.04% | −0.30 |
| TXRH Texas Roadhouse Inc. | Sold out | 0.00% | −0.29 |
| TOL Toll Brothers Inc. | Reduce -54.0% | 0.16% | −0.27 |
| WAB Wabtec Corp. | Reduce -95.0% | 0.01% | −0.25 |
| ELV Elevance Health Inc. | Reduce -73.6% | 0.10% | −0.23 |
| TT Trane Technologies PLC | Reduce -82.2% | 0.04% | −0.23 |
| DAL Delta Air Lines Inc. | Reduce -96.7% | 0.01% | −0.22 |
| GM General Motors Co. | Reduce -88.3% | 0.02% | −0.21 |
| CNC Centene Corp. | Reduce -76.5% | 0.06% | −0.19 |
| OVV Ovintiv Inc. | Reduce -75.8% | 0.06% | −0.17 |
| CLOZ Eldridge BBB-B Clo ETF | Sold out | 0.00% | −0.17 |
| PATK Patrick Industries Inc. | Reduce -88.7% | 0.02% | −0.16 |
| BG Bunge Global SA | Reduce -89.2% | 0.02% | −0.15 |
| COR Cencora Inc. | Reduce -72.5% | 0.07% | −0.15 |
| PANW Palo Alto Networks Inc. | Reduce -65.4% | 0.07% | −0.14 |
| ASO Academy Sports & Outdoors Inc. | Sold out | 0.00% | −0.14 |
| JBL Jabil Inc. | Reduce -43.5% | 0.15% | −0.14 |
| KR Kroger Co. | Reduce -63.0% | 0.09% | −0.13 |
| JAAA Janus Henderson Aaa Clo ETF | Sold out | 0.00% | −0.13 |
| VYX NCR Voyix Corp. | Reduce -96.6% | 0.00% | −0.12 |
| APP AppLovin Corp. Class A | Reduce -79.0% | 0.02% | −0.12 |
| EOG EOG Resources Inc. | Reduce -24.5% | 0.40% | −0.12 |
| ADM Archer-Daniels-Midland Co. | Reduce -75.7% | 0.04% | −0.12 |
| KBH KB Home | Reduce -60.9% | 0.06% | −0.12 |
| SCHR Schwab Intermediate-Term US | Reduce -46.3% | 0.14% | −0.12 |
| REGN Regeneron Pharmaceuticals | Reduce -83.1% | 0.02% | −0.12 |
| HPQ HP Inc. | Reduce -60.2% | 0.06% | −0.11 |
| PVH PVH Corp. | Reduce -88.2% | 0.01% | −0.11 |
| SSNC Ss&c Technologies Holdings | Reduce -95.4% | 0.01% | −0.11 |
| PFE Pfizer Inc. | Reduce -28.3% | 0.23% | −0.11 |
| AXP American Express Co. | Reduce -67.0% | 0.05% | −0.11 |
| JEF Jefferies Financial Group Inc. | Reduce -66.7% | 0.03% | −0.11 |
| ISRG Intuitive Surgical Inc. | Reduce -59.5% | 0.07% | −0.11 |
| FXY Invesco Currencyshares Japan | Sold out | 0.00% | −0.11 |
| MOH Molina Healthcare Inc. | Reduce -44.3% | 0.17% | −0.11 |
| AOS Smith (a.o.) Corp. | Reduce -69.8% | 0.04% | −0.11 |
| BWA Borgwarner Inc. | Reduce -91.3% | 0.01% | −0.11 |
| PCAR Paccar Inc. | Reduce -59.5% | 0.06% | −0.11 |
| DVA Davita Inc. | Reduce -87.8% | 0.01% | −0.11 |
| DKS Dick's Sporting Goods Inc. | Reduce -49.6% | 0.08% | −0.11 |
| KKR KKR & Co. Inc. | Reduce -67.5% | 0.03% | −0.11 |
| TEX Terex Corp. | Reduce -72.8% | 0.03% | −0.11 |
| QMOM Alpha US Quant Mom ETF | Sold out | 0.00% | −0.10 |
| IPG Interpublic Group of Cos Inc. | Reduce -82.9% | 0.02% | −0.10 |
| OWL Blue Owl Capital Inc. | Reduce -63.9% | 0.04% | −0.10 |
| HTLF Heartland Financial USA Inc. | Sold out | 0.00% | −0.10 |
| CACI Caci International Inc. Class A | Reduce -96.8% | 0.00% | −0.10 |
Portfolio Buys Q4 2024 → Q1 2025
| VTIP Vanguard Short-Term Tips | New | 0.45% | +0.45 |
| BOXX Alpha Architect 1-3 MNTH Box | Add +259.0% | 0.39% | +0.28 |
| CALM Cal-Maine Foods Inc. | Add +315.2% | 0.33% | +0.23 |
| LTPZ PIMCO 15+ YR US Tips Indx | New | 0.22% | +0.22 |
| EMLC Vaneck JPM Em Local Curr BND | New | 0.22% | +0.22 |
| FFIV F5 Inc. | Add +4816.6% | 0.21% | +0.20 |
| FHI Federated Hermes Inc. | New | 0.20% | +0.20 |
| MOAT Vaneck Morningstar Wide Moat | Add +22310.0% | 0.19% | +0.19 |
| QCOM Qualcomm Inc. | Add +52.7% | 0.58% | +0.19 |
| KLAC KLA Corp. | Add +140.3% | 0.31% | +0.19 |
| CVS CVS Health Corp. | Add +560.4% | 0.20% | +0.18 |
| MRK Merck & Co. Inc. | Add +56.1% | 0.64% | +0.17 |
| JPM JPMorgan Chase & Co. | Add +39.2% | 0.61% | +0.17 |
| CORT Corcept Therapeutics Inc. | Add +198.1% | 0.20% | +0.17 |
| USMV iShares MSCI USA Min Vol Fac | New | 0.17% | +0.17 |
| AMAT Applied Materials Inc. | Add +173.7% | 0.28% | +0.16 |
| VZ Verizon Communications Inc. | Add +46.7% | 0.41% | +0.16 |
| QQQ Invesco QQQ Trust Series 1 | Add +484.4% | 0.19% | +0.15 |
| PM Philip Morris International | Add +29.9% | 0.36% | +0.14 |
| UTHR United Therapeutics Corp. | Add +169.3% | 0.25% | +0.14 |
| FIX Comfort Systems USA Inc. | Add +1155.2% | 0.16% | +0.14 |
| COMB Graniteshares Bcom Broad STR | New | 0.14% | +0.14 |
| XOM Exxon Mobil Corp. | Add +1.1% | 1.67% | +0.13 |
| NEM Newmont Corp. | Add +40.7% | 0.30% | +0.13 |
| CAH Cardinal Health Inc. | Add +212.7% | 0.18% | +0.13 |
| VOO Vanguard S&P 500 ETF | Add +443.8% | 0.16% | +0.13 |
| EME Emcor Group Inc. | Add +134.3% | 0.28% | +0.13 |
| SPMO Invesco S&P 500 Momentum ETF | New | 0.13% | +0.13 |
| SPY SS SPDR S&P 500 ETF Trust-US | New | 0.13% | +0.13 |
| CRUS Cirrus Logic Inc. | Add +2953.7% | 0.13% | +0.13 |
| CSL Carlisle Cos Inc. | Add +381.6% | 0.16% | +0.13 |
| CMCSA Comcast Corp. Class A | Add +53.8% | 0.39% | +0.13 |
| HUM Humana Inc. | Add +814.8% | 0.13% | +0.12 |
| OSK Oshkosh Corp. | Add +210.7% | 0.17% | +0.12 |
| CAT Caterpillar Inc. | Add +97.0% | 0.27% | +0.12 |
| FTNT Fortinet Inc. | Add +35.0% | 0.45% | +0.11 |
| BAH Booz Allen Hamilton Holdings | Add +387.9% | 0.15% | +0.11 |
| RPRX Royalty Pharma PLC Class A | New | 0.11% | +0.11 |
| JNPR Juniper Networks Inc. | Add +951.7% | 0.13% | +0.11 |
| LULU Lululemon Athletica Inc. | Add +1354.2% | 0.12% | +0.11 |
| SCHD Schwab US DVD Equity ETF | Add +5693.3% | 0.11% | +0.11 |
| USHY iShares Broad Usd High Yield | New | 0.11% | +0.11 |
| NXST Nexstar Media Group Inc. | Add +158.7% | 0.17% | +0.11 |
| YLD Principal Act Hi YLD ETF | New | 0.11% | +0.11 |
| FLJP Franklin Ftse Japan ETF | New | 0.11% | +0.11 |
| NOV Nov Inc. | Add +2266.9% | 0.11% | +0.11 |
| LAD Lithia Motors Inc. | Add +3682.1% | 0.11% | +0.11 |
| POR Portland General Electric Co. | Add +474.5% | 0.13% | +0.11 |
| IDCC Interdigital Inc. | New | 0.10% | +0.10 |
| TMUS T-Mobile US Inc. | Add +118.0% | 0.17% | +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 |