Empowered Funds, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 18, 2026), Empowered Funds, LLC reported 994 stock positions worth $5.9 billion. Its top holding was Nvidia (NVDA) at 5.8% of the portfolio, followed by Alphabet Class A (GOOGL, 2.8%) and Broadcom (AVGO, 2.5%). Compared with Q3 2025, it opened 162 new positions, sold out of 984, added to 566 and reduced 221. The biggest buy was Nvidia (NVDA, shares +22%) and the biggest sale an exit from Microsoft (MSFT).
- Most Recent 13F
- Q2 2026
- Location
- NEWTOWN SQUARE, PA
- CIK
- 0001592828
- Portfolio Value
- $5.9B (Q4 2025)
- SEC Filing
- 0001592828-26-000004 ↗ filed Feb 18, 2026
Holdings Value
Holdings 994 stocks · $5.9B
| NVDA Nvidia Corp. | 5.80% | 1,832,609 | $341.8M | Add +22.5% |
| GOOGL Alphabet Inc. Class A | 2.81% | 528,324 | $165.4M | Add +11.2% |
| AVGO Broadcom Inc. | 2.49% | 424,307 | $146.9M | Add +20.8% |
| XOM Exxon Mobil Corp. | 2.18% | 1,067,333 | $128.4M | Add +4.2% |
| META Meta Platforms Inc. Class A | 1.84% | 163,744 | $108.1M | Add +7.7% |
| GOOG Alphabet Inc. Class C | 1.83% | 342,613 | $107.5M | Add +25.2% |
| IDEV iShares Core MSCI Dev MKTS | 1.77% | 1,261,390 | $104.0M | New |
| JPM JPMorgan Chase & Co. | 1.38% | 252,227 | $81.3M | Reduce -1.7% |
| MRK Merck & Co. Inc. | 1.23% | 686,197 | $72.2M | Add +13.8% |
| TSLA Tesla Inc. | 1.20% | 157,373 | $70.8M | Add +22.0% |
| V Visa Inc. Class A | 0.95% | 159,835 | $56.1M | Add +18.9% |
| CAOS Alpha Architect Tail Risk | 0.91% | 597,146 | $53.6M | New |
| STIP iShares 0-5 Year Tips Bond E | 0.90% | 516,640 | $52.9M | Add +8.7% |
| APP AppLovin Corp. Class A | 0.88% | 77,090 | $51.9M | Add +16.4% |
| PLTR Palantir Technologies Inc. Class A | 0.87% | 289,085 | $51.4M | Add +39.9% |
| MA Mastercard Inc. Class A | 0.85% | 87,333 | $49.9M | Reduce -14.1% |
| CSCO Cisco Systems Inc. | 0.83% | 635,245 | $48.7M | Reduce -22.8% |
| THC Tenet Healthcare Corp. | 0.79% | 233,204 | $46.3M | Add +11.8% |
| EXPE Expedia Group Inc. | 0.76% | 158,483 | $44.9M | Add +171.3% |
| VZ Verizon Communications Inc. | 0.75% | 1,086,788 | $44.3M | Add +29.6% |
| NFLX Netflix Inc. | 0.64% | 399,195 | $37.4M | Reduce -9.5% |
| CRM Salesforce Inc. | 0.63% | 140,877 | $37.3M | Add +14.2% |
| BKNG Booking Holdings Inc. | 0.60% | 6,570 | $35.2M | Add +5.7% |
| ACN Accenture PLC Class A | 0.59% | 130,223 | $34.9M | Add +8.2% |
| MO Altria Group Inc. | 0.59% | 605,280 | $34.9M | Add +156.3% |
| ORCL Oracle Corp. | 0.59% | 178,099 | $34.7M | Add +11.1% |
| HALO Halozyme Therapeutics Inc. | 0.58% | 510,949 | $34.4M | Add +8.4% |
| COST Costco Wholesale Corp. | 0.58% | 39,490 | $34.1M | Add +10.1% |
| ABBV Abbvie Inc. | 0.58% | 148,462 | $33.9M | Add +9.1% |
| BOXX Alpha Architect 1-3 MNTH Box | 0.57% | 291,818 | $33.6M | Add +35.4% |
| EOG EOG Resources Inc. | 0.56% | 312,809 | $32.8M | Add +5.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.55% | 47,476 | $32.4M | Add +373.5% |
| COP Conocophillips | 0.55% | 343,956 | $32.2M | Add +13.3% |
| MPC Marathon Petroleum Corp. | 0.54% | 195,802 | $31.8M | Add +72.8% |
| MCK McKesson Corp. | 0.54% | 38,753 | $31.8M | Reduce -9.0% |
| VLO Valero Energy Corp. | 0.52% | 186,675 | $30.4M | Add +106.9% |
| FCX Freeport-McMoran Inc. | 0.48% | 561,610 | $28.5M | Add +11.7% |
| IDCC Interdigital Inc. | 0.47% | 87,516 | $27.9M | Reduce -22.0% |
| UNH Unitedhealth Group Inc. | 0.47% | 84,231 | $27.8M | Add +13.0% |
| SGOV iShares 0-3 Month Treasury B | 0.44% | 258,644 | $26.0M | Add +9.6% |
| LNG Cheniere Energy Inc. | 0.43% | 131,298 | $25.5M | Reduce -0.3% |
| REGN Regeneron Pharmaceuticals | 0.43% | 33,060 | $25.5M | Reduce -5.8% |
| SYF Synchrony Financial | 0.43% | 300,848 | $25.1M | Reduce -26.6% |
| ADBE Adobe Inc. | 0.42% | 71,444 | $25.0M | Add +18.6% |
| T AT&T Inc. | 0.41% | 976,081 | $24.2M | Add +168.2% |
| PYPL PayPal Holdings Inc. | 0.41% | 414,216 | $24.2M | Add +305.1% |
| DVN Devon Energy Corp. | 0.40% | 646,534 | $23.7M | Add +15.4% |
| BX Blackstone Inc. | 0.40% | 150,983 | $23.3M | Add +41.8% |
| FANG Diamondback Energy Inc. | 0.39% | 153,593 | $23.1M | Add +11.0% |
| SPLV Invesco S&P 500 Low Volatili | 0.39% | 320,880 | $22.9M | Add +93.8% |
| ET Energy Transfer LP | 0.37% | 1,332,685 | $22.0M | Add +22.4% |
| CMCSA Comcast Corp. Class A | 0.37% | 731,415 | $21.9M | Add +27.1% |
| UTHR United Therapeutics Corp. | 0.37% | 44,391 | $21.6M | Add +73.8% |
| DHI D.R. Horton Inc. | 0.37% | 149,929 | $21.6M | Add +183.4% |
| GEV GE Vernova Inc. | 0.36% | 32,264 | $21.1M | Add +10.7% |
| IEFA iShares Core MSCI Eafe ETF | 0.35% | 232,622 | $20.8M | Add +22.3% |
| CAH Cardinal Health Inc. | 0.35% | 99,931 | $20.5M | Reduce -4.4% |
| CEG Constellation Energy | 0.34% | 56,540 | $20.0M | Add +54.5% |
| NTAP Netapp Inc. | 0.34% | 186,387 | $19.9M | Add +69.5% |
| PTCT PTC Therapeutics Inc. | 0.32% | 250,412 | $19.0M | Add +473.0% |
| ETN Eaton Corp. PLC | 0.32% | 58,818 | $18.7M | Add +15.3% |
| VGIT Vanguard Intermediate-Term T | 0.31% | 309,133 | $18.5M | Add +25.8% |
| EME Emcor Group Inc. | 0.31% | 29,730 | $18.2M | Add +112.5% |
| COMB Graniteshares Bcom Broad STR | 0.30% | 847,382 | $17.9M | Add +134.8% |
| MDT Medtronic PLC | 0.30% | 182,925 | $17.6M | Add +100.9% |
| APTV Aptiv PLC | 0.29% | 226,145 | $17.2M | Add +1.7% |
| GS Goldman Sachs Group Inc. | 0.29% | 19,383 | $17.0M | Reduce -25.4% |
| DELL Dell Technologies -C | 0.29% | 134,968 | $17.0M | Add +42.4% |
| LBRT Liberty Energy Inc. | 0.29% | 916,637 | $16.9M | Add +39.9% |
| IEMG iShares Core MSCI Emerging | 0.29% | 251,649 | $16.9M | Add +75.7% |
| APA Apa Corp. | 0.29% | 687,729 | $16.8M | Add +187.6% |
| HCA HCA Healthcare Inc. | 0.28% | 35,725 | $16.7M | Add +94.7% |
| ASML ASML Holding NV-NY Reg SHS | 0.28% | 15,447 | $16.5M | Reduce -10.1% |
| ENVA Enova International Inc. | 0.27% | 101,872 | $16.0M | Add +6.8% |
| FLJP Franklin Ftse Japan ETF | 0.27% | 454,652 | $15.7M | Add +111.0% |
| INCY Incyte Corp. | 0.27% | 158,274 | $15.6M | Reduce -36.4% |
| SPHR Sphere Entertainment Co. | 0.26% | 163,438 | $15.5M | Reduce -12.8% |
| NCLH Norwegian Cruise Line Holdin | 0.26% | 689,687 | $15.4M | Reduce -3.8% |
| CRH CRH PLC | 0.26% | 121,718 | $15.2M | Add +49.2% |
| ALSN Allison Transmission Holding | 0.26% | 154,080 | $15.1M | Add +23.7% |
| VSAT Viasat Inc. | 0.25% | 428,707 | $14.8M | Reduce -8.1% |
| VGSH Vanguard Short-Term Treasury | 0.25% | 250,822 | $14.7M | Add +35.3% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.24% | 155,033 | $14.2M | Add +970.5% |
| AES AES Corp. | 0.24% | 979,248 | $14.0M | Add +292.3% |
| SPGI S&P Global Inc. | 0.23% | 26,215 | $13.7M | Add +3.0% |
| LCII Lci Industries | 0.23% | 112,531 | $13.7M | Add +4.0% |
| NOW ServiceNow Inc. | 0.23% | 88,692 | $13.6M | Add +76.2% |
| BKU Bankunited Inc. | 0.23% | 299,312 | $13.3M | Add +8.0% |
| MD Pediatrix Medical Group Inc. | 0.23% | 622,380 | $13.3M | Add +17.8% |
| EG Everest Group Ltd. | 0.22% | 38,640 | $13.1M | Add +21.2% |
| VC Visteon Corp. | 0.22% | 137,825 | $13.1M | Add +5.4% |
| DNOW Dnow Inc. | 0.22% | 978,055 | $13.0M | Add +58.4% |
| RNR Renaissancere Holdings Ltd. | 0.22% | 46,022 | $12.9M | Add +3.5% |
| EQT Eqt Corp. | 0.22% | 241,172 | $12.9M | Reduce -30.6% |
| CSTM Constellium SE | 0.21% | 671,222 | $12.7M | Add +3.9% |
| AER Aercap Holdings NV | 0.21% | 86,881 | $12.5M | Add +2004.7% |
| ZM Zoom Communications Inc. | 0.21% | 142,919 | $12.3M | Reduce -3.6% |
| VRT Vertiv Holdings Co. Class A | 0.21% | 75,974 | $12.3M | Add +16.2% |
| TALO Talos Energy Inc. | 0.21% | 1,114,905 | $12.3M | Add +11.6% |
| BANC Banc of California Inc. | 0.21% | 631,885 | $12.2M | Add +18.0% |
Portfolio Sells Q3 2025 → Q4 2025
| MSFT Microsoft Corp. | Sold out | 0.00% | −2.66 |
| AAPL Apple Inc. | Sold out | 0.00% | −2.07 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −1.35 |
| CVX Chevron Corp. | Sold out | 0.00% | −0.97 |
| LRCX Lam Research Corp. | Sold out | 0.00% | −0.75 |
| WDC Western Digital Corp. | Sold out | 0.00% | −0.61 |
| BRK.B Berkshire Hathaway Inc. Class B | Sold out | 0.00% | −0.45 |
| JNJ Johnson & Johnson | Sold out | 0.00% | −0.43 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −0.43 |
| FIX Comfort Systems USA Inc. | Sold out | 0.00% | −0.40 |
| PG The Procter & Gamble Co. | Sold out | 0.00% | −0.40 |
| TPR Tapestry Inc. | Sold out | 0.00% | −0.39 |
| KLAC KLA Corp. | Sold out | 0.00% | −0.39 |
| NEM Newmont Corp. | Sold out | 0.00% | −0.38 |
| MS Morgan Stanley | Sold out | 0.00% | −0.36 |
| WMT Walmart Inc. | Sold out | 0.00% | −0.35 |
| QCOM Qualcomm Inc. | Sold out | 0.00% | −0.35 |
| QQQ Invesco QQQ Trust Series 1 | Sold out | 0.00% | −0.35 |
| CF CF Industries Holdings Inc. | Sold out | 0.00% | −0.32 |
| IOO iShares Global 100 ETF | Sold out | 0.00% | −0.32 |
| HD Home Depot Inc. | Sold out | 0.00% | −0.31 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −0.31 |
| APH Amphenol Corp. Class A | Sold out | 0.00% | −0.28 |
| NRG NRG Energy Inc. | Sold out | 0.00% | −0.28 |
| SNA Snap-on Inc. | Sold out | 0.00% | −0.27 |
| IBM Intl Business Machines Corp. | Sold out | 0.00% | −0.27 |
| ALL Allstate Corp. | Sold out | 0.00% | −0.26 |
| OEF iShares S&P 100 ETF | Sold out | 0.00% | −0.25 |
| MCD McDonald's Corp. | Sold out | 0.00% | −0.25 |
| PSX Phillips 66 | Sold out | 0.00% | −0.25 |
| CTRA Coterra Energy Inc. | Sold out | 0.00% | −0.24 |
| CALM Cal-Maine Foods Inc. | Sold out | 0.00% | −0.24 |
| GE General Electric | Sold out | 0.00% | −0.24 |
| WFC Wells Fargo & Co. | Sold out | 0.00% | −0.24 |
| MU Micron Technology Inc. | Sold out | 0.00% | −0.24 |
| CI The Cigna Group | Sold out | 0.00% | −0.24 |
| RTX RTX Corp. | Sold out | 0.00% | −0.23 |
| KO The Coca-Cola Co. | Sold out | 0.00% | −0.23 |
| BAC Bank of America Corp. | Sold out | 0.00% | −0.23 |
| TSM Taiwan Semiconductor-SP ADR | Sold out | 0.00% | −0.23 |
| FTNT Fortinet Inc. | Sold out | 0.00% | −0.23 |
| TOL Toll Brothers Inc. | Sold out | 0.00% | −0.22 |
| BLBD Blue Bird Corp. | Sold out | 0.00% | −0.21 |
| ELV Elevance Health Inc. | Sold out | 0.00% | −0.21 |
| LMT Lockheed Martin Corp. | Sold out | 0.00% | −0.21 |
| TSCO Tractor Supply Company | Sold out | 0.00% | −0.21 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Sold out | 0.00% | −0.20 |
| YOU Clear Secure Inc. Class A | Reduce -93.1% | 0.03% | −0.20 |
| EXE Expand Energy Corp. | Sold out | 0.00% | −0.20 |
| TXN Texas Instruments Inc. | Sold out | 0.00% | −0.20 |
Portfolio Buys Q3 2025 → Q4 2025
| NVDA Nvidia Corp. | Add +22.5% | 5.80% | +2.98 |
| IDEV iShares Core MSCI Dev MKTS | New | 1.77% | +1.77 |
| GOOGL Alphabet Inc. Class A | Add +11.2% | 2.81% | +1.64 |
| AVGO Broadcom Inc. | Add +20.8% | 2.49% | +1.32 |
| GOOG Alphabet Inc. Class C | Add +25.2% | 1.83% | +1.15 |
| XOM Exxon Mobil Corp. | Add +4.2% | 2.18% | +1.01 |
| CAOS Alpha Architect Tail Risk | New | 0.91% | +0.91 |
| MRK Merck & Co. Inc. | Add +13.8% | 1.23% | +0.72 |
| META Meta Platforms Inc. Class A | Add +7.7% | 1.84% | +0.71 |
| EXPE Expedia Group Inc. | Add +171.3% | 0.76% | +0.64 |
| TSLA Tesla Inc. | Add +22.0% | 1.20% | +0.62 |
| PLTR Palantir Technologies Inc. Class A | Add +39.9% | 0.87% | +0.49 |
| V Visa Inc. Class A | Add +18.9% | 0.95% | +0.49 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +373.5% | 0.55% | +0.48 |
| MO Altria Group Inc. | Add +156.3% | 0.59% | +0.44 |
| STIP iShares 0-5 Year Tips Bond E | Add +8.7% | 0.90% | +0.40 |
| APP AppLovin Corp. Class A | Add +16.4% | 0.88% | +0.40 |
| VZ Verizon Communications Inc. | Add +29.6% | 0.75% | +0.38 |
| VLO Valero Energy Corp. | Add +106.9% | 0.52% | +0.36 |
| THC Tenet Healthcare Corp. | Add +11.8% | 0.79% | +0.36 |
| PYPL PayPal Holdings Inc. | Add +305.1% | 0.41% | +0.34 |
| CRM Salesforce Inc. | Add +14.2% | 0.63% | +0.34 |
| BOXX Alpha Architect 1-3 MNTH Box | Add +35.4% | 0.57% | +0.32 |
| MPC Marathon Petroleum Corp. | Add +72.8% | 0.54% | +0.32 |
| T AT&T Inc. | Add +168.2% | 0.41% | +0.31 |
| PTCT PTC Therapeutics Inc. | Add +473.0% | 0.32% | +0.30 |
| ACN Accenture PLC Class A | Add +8.2% | 0.59% | +0.29 |
| FCX Freeport-McMoran Inc. | Add +11.7% | 0.48% | +0.29 |
| DHI D.R. Horton Inc. | Add +183.4% | 0.37% | +0.28 |
| SPLV Invesco S&P 500 Low Volatili | Add +93.8% | 0.39% | +0.27 |
| UTHR United Therapeutics Corp. | Add +73.8% | 0.37% | +0.26 |
| BKNG Booking Holdings Inc. | Add +5.7% | 0.60% | +0.26 |
| ABBV Abbvie Inc. | Add +9.1% | 0.58% | +0.26 |
| COP Conocophillips | Add +13.3% | 0.55% | +0.26 |
| COST Costco Wholesale Corp. | Add +10.1% | 0.58% | +0.24 |
| HALO Halozyme Therapeutics Inc. | Add +8.4% | 0.58% | +0.23 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +970.5% | 0.24% | +0.23 |
| APA Apa Corp. | Add +187.6% | 0.29% | +0.23 |
| COMB Graniteshares Bcom Broad STR | Add +134.8% | 0.30% | +0.22 |
| EOG EOG Resources Inc. | Add +5.8% | 0.56% | +0.22 |
| CEG Constellation Energy | Add +54.5% | 0.34% | +0.22 |
| EME Emcor Group Inc. | Add +112.5% | 0.31% | +0.22 |
| UNH Unitedhealth Group Inc. | Add +13.0% | 0.47% | +0.21 |
| BX Blackstone Inc. | Add +41.8% | 0.40% | +0.21 |
| MDT Medtronic PLC | Add +100.9% | 0.30% | +0.21 |
| ADBE Adobe Inc. | Add +18.6% | 0.42% | +0.21 |
| AER Aercap Holdings NV | Add +2004.7% | 0.21% | +0.21 |
| LBRT Liberty Energy Inc. | Add +39.9% | 0.29% | +0.21 |
| NTAP Netapp Inc. | Add +69.5% | 0.34% | +0.21 |
| AES AES Corp. | Add +292.3% | 0.24% | +0.21 |
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 |