Empowered Funds, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed June 16, 2026), Empowered Funds, LLC reported 2,101 stock positions worth $15.7 billion. Its top holding was Nvidia (NVDA) at 3.0% of the portfolio, followed by Apple (AAPL, 2.6%) and Microsoft (MSFT, 1.9%). Compared with Q4 2025, it opened 1,230 new positions, sold out of 124, added to 583 and reduced 249. The biggest buy was a new position in Apple (AAPL) and the biggest sale Exxon Mobil (XOM, shares −5%).
- Most Recent 13F
- Q2 2026
- Location
- NEWTOWN SQUARE, PA
- CIK
- 0001592828
- Portfolio Value
- $15.7B (Q1 2026)
- SEC Filing
- 0001592828-26-000006 ↗ filed Jun 16, 2026
Holdings Value
Holdings 2,101 stocks · $15.7B
| NVDA Nvidia Corp. | 3.01% | 2,702,964 | $471.4M | Add +47.5% |
| AAPL Apple Inc. | 2.61% | 1,611,127 | $408.9M | New |
| MSFT Microsoft Corp. | 1.91% | 806,973 | $298.7M | New |
| GOOGL Alphabet Inc. Class A | 1.79% | 977,711 | $281.2M | Add +85.1% |
| AVGO Broadcom Inc. | 1.38% | 699,504 | $216.5M | Add +64.9% |
| AMZN Amazon.com Inc. | 1.37% | 1,033,515 | $215.3M | New |
| XOM Exxon Mobil Corp. | 1.09% | 1,010,670 | $171.5M | Reduce -5.3% |
| META Meta Platforms Inc. Class A | 1.05% | 288,586 | $165.1M | Add +76.2% |
| CVX Chevron Corp. | 0.99% | 748,882 | $154.9M | New |
| JPM JPMorgan Chase & Co. | 0.87% | 464,394 | $136.6M | Add +84.1% |
| LLY Eli Lilly & Co. | 0.81% | 137,886 | $126.8M | New |
| VEA Vanguard Ftse Developed ETF | 0.79% | 1,936,398 | $124.1M | New |
| GOOG Alphabet Inc. Class C | 0.77% | 420,149 | $120.5M | Add +22.6% |
| BOXX Alpha Architect 1-3 MNTH Box | 0.71% | 959,025 | $111.5M | Add +228.6% |
| IDEV iShares Core MSCI Dev MKTS | 0.69% | 1,290,231 | $107.8M | Add +2.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.55% | 179,074 | $85.8M | New |
| NFLX Netflix Inc. | 0.53% | 858,348 | $82.5M | Add +115.0% |
| MU Micron Technology Inc. | 0.53% | 243,942 | $82.4M | New |
| JNJ Johnson & Johnson | 0.49% | 312,373 | $76.4M | New |
| LRCX Lam Research Corp. | 0.48% | 350,156 | $74.8M | New |
| VWO Vanguard Ftse Emerging Marke | 0.46% | 1,324,650 | $71.6M | New |
| TSLA Tesla Inc. | 0.43% | 182,356 | $67.8M | Add +15.9% |
| COST Costco Wholesale Corp. | 0.43% | 67,791 | $67.5M | Add +71.7% |
| VTIP Vanguard Short-Term Tips | 0.43% | 1,347,765 | $67.3M | New |
| VST Vistra Corp. | 0.42% | 441,111 | $66.3M | Add +611.0% |
| EXPE Expedia Group Inc. | 0.41% | 280,392 | $64.7M | Add +76.9% |
| TSM Taiwan Semiconductor-SP ADR | 0.40% | 186,414 | $63.0M | New |
| GEV GE Vernova Inc. | 0.40% | 71,558 | $62.5M | Add +121.8% |
| MRK Merck & Co. Inc. | 0.39% | 507,815 | $61.1M | Reduce -26.0% |
| NEM Newmont Corp. | 0.38% | 553,178 | $59.9M | New |
| V Visa Inc. Class A | 0.38% | 197,936 | $59.8M | Add +23.8% |
| PG The Procter & Gamble Co. | 0.37% | 400,917 | $57.9M | New |
| WFC Wells Fargo & Co. | 0.35% | 685,602 | $54.6M | New |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.35% | 1,118,586 | $54.5M | New |
| AVRE Avantis Real Estate ETF | 0.35% | 1,237,572 | $54.5M | New |
| AVDV Avantis Intl S/C Value ETF | 0.35% | 543,283 | $54.3M | New |
| CAOS Alpha Architect Tail Risk | 0.35% | 597,146 | $54.2M | No change |
| CF CF Industries Holdings Inc. | 0.34% | 414,335 | $53.8M | New |
| THC Tenet Healthcare Corp. | 0.34% | 284,753 | $53.7M | Add +22.1% |
| MCK McKesson Corp. | 0.34% | 62,047 | $53.7M | Add +60.1% |
| CAT Caterpillar Inc. | 0.34% | 75,281 | $53.3M | New |
| QCOM Qualcomm Inc. | 0.34% | 412,151 | $53.1M | New |
| AMD Advanced Micro Devices | 0.34% | 260,777 | $53.0M | New |
| CSCO Cisco Systems Inc. | 0.34% | 682,842 | $53.0M | Add +7.5% |
| STIP iShares 0-5 Year Tips Bond E | 0.33% | 508,001 | $52.4M | Reduce -1.7% |
| VRT Vertiv Holdings Co. Class A | 0.33% | 205,635 | $51.5M | Add +170.7% |
| WMT Walmart Inc. | 0.33% | 410,005 | $51.0M | New |
| GS Goldman Sachs Group Inc. | 0.32% | 59,672 | $50.5M | Add +207.9% |
| BKNG Booking Holdings Inc. | 0.32% | 11,947 | $50.3M | Add +81.8% |
| GE General Electric filed as GE AEROSPACE | 0.32% | 176,354 | $50.0M | New |
| WDC Western Digital Corp. | 0.32% | 184,287 | $49.8M | New |
| DECK Deckers Outdoor Corp. | 0.32% | 494,588 | $49.5M | New |
| ABBV Abbvie Inc. | 0.31% | 226,836 | $49.3M | Add +52.8% |
| FIX Comfort Systems USA Inc. | 0.31% | 35,511 | $49.0M | New |
| COP Conocophillips | 0.31% | 367,506 | $48.5M | Add +6.8% |
| PH Parker Hannifin Corp. | 0.31% | 53,827 | $48.2M | New |
| SCHR Schwab Intermediate-Term US | 0.31% | 1,933,622 | $48.0M | New |
| MA Mastercard Inc. Class A | 0.30% | 94,757 | $47.3M | Add +8.5% |
| HD Home Depot Inc. | 0.29% | 138,462 | $45.5M | New |
| RTX RTX Corp. | 0.29% | 235,197 | $45.4M | New |
| TPR Tapestry Inc. | 0.28% | 311,297 | $43.9M | New |
| VZ Verizon Communications Inc. | 0.28% | 874,460 | $43.9M | Reduce -19.5% |
| AMAT Applied Materials Inc. | 0.27% | 125,765 | $43.0M | New |
| EOG EOG Resources Inc. | 0.27% | 297,143 | $43.0M | Reduce -5.0% |
| AVES Avantis Emerging Markets Val | 0.27% | 713,801 | $42.8M | New |
| JBL Jabil Inc. | 0.27% | 157,935 | $42.0M | New |
| MS Morgan Stanley | 0.27% | 252,788 | $41.6M | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.27% | 63,964 | $41.6M | Add +34.7% |
| KO The Coca-Cola Co. | 0.25% | 506,861 | $38.5M | New |
| ET Energy Transfer LP | 0.24% | 1,982,403 | $38.3M | Add +48.8% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.24% | 233,619 | $37.3M | New |
| MPWR Monolithic Power Systems Inc. | 0.24% | 34,093 | $37.3M | New |
| ACN Accenture PLC Class A | 0.23% | 182,581 | $36.2M | Add +40.2% |
| PANW Palo Alto Networks Inc. | 0.23% | 221,478 | $35.5M | New |
| LMT Lockheed Martin Corp. | 0.22% | 57,947 | $35.0M | New |
| MCD McDonald's Corp. | 0.22% | 111,709 | $34.7M | New |
| MO Altria Group Inc. | 0.22% | 512,441 | $33.8M | Reduce -15.3% |
| MPC Marathon Petroleum Corp. | 0.21% | 137,103 | $33.5M | Reduce -30.0% |
| INCY Incyte Corp. | 0.21% | 353,386 | $33.3M | Add +123.3% |
| IOO iShares Global 100 ETF | 0.21% | 274,000 | $33.1M | New |
| ALL Allstate Corp. | 0.21% | 156,254 | $32.4M | New |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.20% | 132,453 | $32.1M | New |
| ADP Automatic Data Processing | 0.20% | 157,142 | $31.9M | New |
| SNA Snap-on Inc. | 0.20% | 87,384 | $31.7M | New |
| PEP Pepsico Inc. | 0.20% | 203,976 | $31.7M | New |
| UBER Uber Technologies Inc. | 0.20% | 439,736 | $31.6M | Add +250.7% |
| CRM Salesforce Inc. | 0.20% | 168,850 | $31.5M | Add +19.9% |
| ORCL Oracle Corp. | 0.20% | 214,147 | $31.5M | Add +20.2% |
| UNH Unitedhealth Group Inc. | 0.20% | 115,284 | $31.2M | Add +36.9% |
| KLAC KLA Corp. | 0.20% | 20,858 | $30.7M | New |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.20% | 317,573 | $30.6M | New |
| ORLY O'reilly Automotive Inc. | 0.20% | 331,488 | $30.6M | Add +505.7% |
| CRUS Cirrus Logic Inc. | 0.20% | 211,454 | $30.6M | New |
| ADI Analog Devices Inc. | 0.19% | 95,124 | $30.3M | New |
| PLTR Palantir Technologies Inc. Class A | 0.19% | 205,588 | $30.1M | Reduce -28.9% |
| IEFA iShares Core MSCI Eafe ETF | 0.19% | 332,183 | $30.1M | Add +42.8% |
| TXN Texas Instruments Inc. | 0.19% | 154,343 | $30.0M | New |
| APP AppLovin Corp. Class A | 0.19% | 74,633 | $29.7M | Reduce -3.2% |
| ANET Arista Networks Inc. | 0.18% | 234,817 | $28.8M | New |
| VLO Valero Energy Corp. | 0.18% | 116,559 | $28.8M | Reduce -37.6% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $31K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| XRXDW Xerox Holdings Corp. | *W EXP 02/11/202 | 337,327 | $31K | Add +3.4% |
Total filed on the 13F, all lines: $15.7B.
Portfolio Sells Q4 2025 → Q1 2026
| XOM Exxon Mobil Corp. | Reduce -5.3% | 1.09% | −1.09 |
| MRK Merck & Co. Inc. | Reduce -26.0% | 0.39% | −0.84 |
| APP AppLovin Corp. Class A | Reduce -3.2% | 0.19% | −0.69 |
| PLTR Palantir Technologies Inc. Class A | Reduce -28.9% | 0.19% | −0.68 |
| STIP iShares 0-5 Year Tips Bond E | Reduce -1.7% | 0.33% | −0.56 |
| VZ Verizon Communications Inc. | Reduce -19.5% | 0.28% | −0.47 |
| IDCC Interdigital Inc. | Reduce -90.0% | 0.02% | −0.46 |
| HALO Halozyme Therapeutics Inc. | Reduce -24.7% | 0.16% | −0.43 |
| SYF Synchrony Financial | Reduce -68.2% | 0.04% | −0.38 |
| PYPL PayPal Holdings Inc. | Reduce -72.1% | 0.03% | −0.38 |
| MO Altria Group Inc. | Reduce -15.3% | 0.22% | −0.38 |
| LNG Cheniere Energy Inc. | Reduce -72.2% | 0.07% | −0.37 |
| REGN Regeneron Pharmaceuticals | Reduce -52.8% | 0.08% | −0.36 |
| VLO Valero Energy Corp. | Reduce -37.6% | 0.18% | −0.33 |
| MPC Marathon Petroleum Corp. | Reduce -30.0% | 0.21% | −0.33 |
| FCX Freeport-McMoran Inc. | Reduce -24.1% | 0.16% | −0.32 |
| PTCT PTC Therapeutics Inc. | Reduce -76.9% | 0.03% | −0.30 |
| SGOV iShares 0-3 Month Treasury B | Reduce -10.9% | 0.15% | −0.29 |
| DVN Devon Energy Corp. | Reduce -46.3% | 0.11% | −0.29 |
| UTHR United Therapeutics Corp. | Reduce -53.2% | 0.08% | −0.29 |
| EOG EOG Resources Inc. | Reduce -5.0% | 0.27% | −0.28 |
| CAH Cardinal Health Inc. | Reduce -51.0% | 0.07% | −0.28 |
| T AT&T Inc. | Reduce -27.5% | 0.13% | −0.28 |
| FLJP Franklin Ftse Japan ETF | Sold out | 0.00% | −0.27 |
| NCLH Norwegian Cruise Line Holdin | Sold out | 0.00% | −0.26 |
| SPLV Invesco S&P 500 Low Volatili | Reduce -14.3% | 0.13% | −0.26 |
| CEG Constellation Energy | Reduce -19.4% | 0.08% | −0.26 |
| FANG Diamondback Energy Inc. | Reduce -23.9% | 0.15% | −0.24 |
| NTAP Netapp Inc. | Reduce -13.0% | 0.11% | −0.23 |
| CSTM Constellium SE | Sold out | 0.00% | −0.21 |
| APA Apa Corp. | Reduce -61.6% | 0.07% | −0.21 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -67.9% | 0.03% | −0.21 |
| APTV Aptiv PLC | Reduce -17.6% | 0.08% | −0.21 |
| AES AES Corp. | Reduce -59.2% | 0.04% | −0.20 |
| RNR Renaissancere Holdings Ltd. | Reduce -79.8% | 0.02% | −0.20 |
| PINS Pinterest Inc. Class A | Reduce -83.5% | 0.01% | −0.20 |
| ENVA Enova International Inc. | Reduce -4.5% | 0.08% | −0.19 |
| PRAX Praxis Precision Medicines I | Sold out | 0.00% | −0.18 |
| WH Wyndham Hotels & Resorts Inc. | Reduce -93.9% | 0.00% | −0.18 |
| VGSH Vanguard Short-Term Treasury | Reduce -13.0% | 0.08% | −0.17 |
| MOS The Mosaic Co. | Reduce -88.2% | 0.01% | −0.16 |
| LCII Lci Industries | Reduce -16.8% | 0.07% | −0.16 |
| GM General Motors Co. | Reduce -49.7% | 0.03% | −0.16 |
| DELL Dell Technologies -C | Reduce -6.8% | 0.13% | −0.16 |
| EG Everest Group Ltd. | Reduce -17.6% | 0.07% | −0.16 |
| DNOW Dnow Inc. | Reduce -8.6% | 0.07% | −0.15 |
| SPHR Sphere Entertainment Co. | Reduce -7.5% | 0.11% | −0.15 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -45.0% | 0.03% | −0.15 |
| HOUS Anywhere Real Estate Inc. | Sold out | 0.00% | −0.15 |
| BIIB Biogen Inc. | Reduce -62.4% | 0.03% | −0.15 |
Portfolio Buys Q4 2025 → Q1 2026
| AAPL Apple Inc. | New | 2.61% | +2.61 |
| MSFT Microsoft Corp. | New | 1.91% | +1.91 |
| AMZN Amazon.com Inc. | New | 1.37% | +1.37 |
| CVX Chevron Corp. | New | 0.99% | +0.99 |
| LLY Eli Lilly & Co. | New | 0.81% | +0.81 |
| VEA Vanguard Ftse Developed ETF | New | 0.79% | +0.79 |
| BRK.B Berkshire Hathaway Inc. Class B | New | 0.55% | +0.55 |
| MU Micron Technology Inc. | New | 0.53% | +0.53 |
| JNJ Johnson & Johnson | New | 0.49% | +0.49 |
| LRCX Lam Research Corp. | New | 0.48% | +0.48 |
| VWO Vanguard Ftse Emerging Marke | New | 0.46% | +0.46 |
| VTIP Vanguard Short-Term Tips | New | 0.43% | +0.43 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.40% | +0.40 |
| NEM Newmont Corp. | New | 0.38% | +0.38 |
| PG The Procter & Gamble Co. | New | 0.37% | +0.37 |
| WFC Wells Fargo & Co. | New | 0.35% | +0.35 |
| BAC Bank of America Corp. | New | 0.35% | +0.35 |
| AVRE Avantis Real Estate ETF | New | 0.35% | +0.35 |
| AVDV Avantis Intl S/C Value ETF | New | 0.35% | +0.35 |
| CF CF Industries Holdings Inc. | New | 0.34% | +0.34 |
| CAT Caterpillar Inc. | New | 0.34% | +0.34 |
| QCOM Qualcomm Inc. | New | 0.34% | +0.34 |
| AMD Advanced Micro Devices | New | 0.34% | +0.34 |
| WMT Walmart Inc. | New | 0.33% | +0.33 |
| GE General Electric | New | 0.32% | +0.32 |
| WDC Western Digital Corp. | New | 0.32% | +0.32 |
| DECK Deckers Outdoor Corp. | New | 0.32% | +0.32 |
| FIX Comfort Systems USA Inc. | New | 0.31% | +0.31 |
| PH Parker Hannifin Corp. | New | 0.31% | +0.31 |
| SCHR Schwab Intermediate-Term US | New | 0.31% | +0.31 |
| HD Home Depot Inc. | New | 0.29% | +0.29 |
| RTX RTX Corp. | New | 0.29% | +0.29 |
| TPR Tapestry Inc. | New | 0.28% | +0.28 |
| AMAT Applied Materials Inc. | New | 0.27% | +0.27 |
| AVES Avantis Emerging Markets Val | New | 0.27% | +0.27 |
| JBL Jabil Inc. | New | 0.27% | +0.27 |
| MS Morgan Stanley | New | 0.27% | +0.27 |
| VST Vistra Corp. | Add +611.0% | 0.42% | +0.25 |
| KO The Coca-Cola Co. | New | 0.25% | +0.25 |
| TJX TJX Companies Inc. | New | 0.24% | +0.24 |
| MPWR Monolithic Power Systems Inc. | New | 0.24% | +0.24 |
| PANW Palo Alto Networks Inc. | New | 0.23% | +0.23 |
| LMT Lockheed Martin Corp. | New | 0.22% | +0.22 |
| MCD McDonald's Corp. | New | 0.22% | +0.22 |
| IOO iShares Global 100 ETF | New | 0.21% | +0.21 |
| ALL Allstate Corp. | New | 0.21% | +0.21 |
| IBM Intl Business Machines Corp. | New | 0.20% | +0.20 |
| ADP Automatic Data Processing | New | 0.20% | +0.20 |
| SNA Snap-on Inc. | New | 0.20% | +0.20 |
| PEP Pepsico Inc. | New | 0.20% | +0.20 |
Notes & Other Activity Q4 2025 → Q1 2026
| XRXDW Xerox Holdings Corp. | *W EXP 02/11/202 | Add +3.4% | 337,327 | $31K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
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 |