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Portfolio (Quarterly) Guide ↗

Empirical Finance, LLC

· CIK 0001572838
13F Portfolio $2.1B AUM Filed Feb 12, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 481 New
Page 7 of 25  ·  481 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
121 SO SOUTHERN CO Utilities 36,553.0 $3.2M 0.15% NEW $87.20 +7.4%
122 MRSH MARSH & MCLENNAN COS INC Financial Services 16,679.0 $3.1M 0.15% NEW $185.52 -11.0%
123 MMM 3M CO Industrials 18,617.0 $3.0M 0.14% NEW $160.10 -5.3%
124 GLD SPDR GOLD TR Financial Services 7,445.0 $3.0M 0.14% NEW $396.31 +5.2%
125 BK BANK NEW YORK MELLON CORP Financial Services 25,393.0 $2.9M 0.14% NEW $116.09 +19.7%
126 MPC MARATHON PETE CORP Energy 17,758.0 $2.9M 0.14% NEW $162.63 +52.8%
127 ORLY OREILLY AUTOMOTIVE INC Consumer Cyclical 31,318.0 $2.9M 0.14% NEW $91.21 +1.2%
128 PNC PNC FINL SVCS GROUP INC Financial Services 13,669.0 $2.9M 0.14% NEW $208.73 +3.9%
129 CDNS CADENCE DESIGN SYSTEM INC Technology 9,117.0 $2.8M 0.14% NEW $312.58 +14.7%
130 AZO AUTOZONE INC Consumer Cyclical 837.0 $2.8M 0.14% NEW $3391.50 +1.4%
131 NOC NORTHROP GRUMMAN CORP Industrials 4,872.0 $2.8M 0.13% NEW $570.21 -3.3%
132 WM WASTE MGMT INC DEL Industrials 12,553.0 $2.8M 0.13% NEW $219.71 -0.1%
133 MCO MOODYS CORP Financial Services 5,345.0 $2.7M 0.13% NEW $510.85 -12.8%
134 VLO VALERO ENERGY CORP Energy 16,648.0 $2.7M 0.13% NEW $162.79 +55.9%
135 FOXA FOX CORP Communication Services 37,334.0 $2.7M 0.13% NEW $71.98 -10.7%
136 MAR MARRIOTT INTL INC NEW Consumer Cyclical 8,582.0 $2.7M 0.13% NEW $310.24 +19.4%
137 HWM HOWMET AEROSPACE INC Industrials 12,954.0 $2.7M 0.13% NEW $205.02 +26.8%
138 UAL UNITED AIRLS HLDGS INC Industrials 23,694.0 $2.6M 0.13% NEW $111.82 -12.3%
139 NKE NIKE INC Consumer Cyclical 41,495.0 $2.6M 0.13% NEW $63.71 -30.3%
140 USB US BANCORP DEL Financial Services 49,147.0 $2.6M 0.12% NEW $53.36 +2.1%
Page 7 of 25  ·  481 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 32.9%
Financial Services 12.1%
Communication Services 11.9%
Consumer Cyclical 10.4%
Healthcare 9.8%
Industrials 9.0%
Consumer Defensive 5.3%
Energy 4.6%
Utilities 2.4%
Basic Materials 1.6%