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Portfolio (Quarterly) Guide ↗

Empirical Finance, LLC

· CIK 0001572838
13F Portfolio $2.1B AUM 483 positions Filed May 15, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 22 New 34 Added 29 Reduced 20 Exited
Page 15 of 25  ·  483 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
281 EXPE EXPEDIA GROUP INC Consumer Cyclical 4,687.0 $1.1M 0.05% $230.89 +21.0%
282 OTIS OTIS WORLDWIDE CORP Industrials 13,946.0 $1.1M 0.05% $77.08 -11.1%
283 HSY HERSHEY CO Consumer Defensive 5,096.0 $1.1M 0.05% $207.89 -18.3%
284 IQVIA HLDGS INC 6,181.0 $1.1M 0.05% $170.54
285 TRGP TARGA RES CORP Energy 4,200.0 $1.1M 0.05% $250.73 +16.5%
286 HPE HEWLETT PACKARD ENTERPRISE C Technology 44,068.0 $1.0M 0.05% $23.81 +155.1%
287 NDAQ NASDAQ INC Financial Services 12,284.0 $1.0M 0.05% $84.89 +10.2%
288 OKE ONEOK INC NEW Energy 11,479.0 $1.0M 0.05% $90.39 +3.4%
289 DVN DEVON ENERGY CORP NEW Energy 20,552.0 $1.0M 0.05% $50.32 -3.4%
290 HUM HUMANA INC Healthcare 5,962.0 $1.0M 0.05% $173.39 +122.6%
291 INGERSOLL RAND INC 12,859.0 $1.0M 0.05% $80.12
292 SYF SYNCHRONY FINANCIAL Financial Services 15,116.0 $1.0M 0.05% $68.02 +10.3%
293 CBOE CBOE GLOBAL MKTS INC Financial Services 3,635.0 $1.0M 0.05% $281.07 -2.9%
294 GAP GAP INC Consumer Cyclical 42,098.0 $1.0M 0.05% $24.20 -15.1%
295 DTE DTE ENERGY CO Utilities 6,949.0 $1.0M 0.05% $146.22 -12.1%
296 VOO VANGUARD INDEX FDS 1,693.0 $1.0M 0.05% -68K -97.6% $597.69 +17.4%
297 DOV DOVER CORP Industrials 4,817.0 $1.0M 0.05% $208.45 -10.1%
298 DOW DOW HLDGS INC Basic Materials 24,088.0 $1.0M 0.05% $41.65 -31.0%
299 PAYX PAYCHEX INC Industrials 10,887.0 $1.0M 0.05% $92.12 +26.1%
300 WAT WATERS CORP Healthcare 3,351.0 $998K 0.05% +1K +64.5% $297.84 +41.6%
Page 15 of 25  ·  483 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 31.5%
Financial Services 12.5%
Industrials 10.2%
Consumer Cyclical 10.0%
Healthcare 9.6%
Communication Services 8.1%
Energy 7.3%
Consumer Defensive 6.1%
Utilities 2.7%
Basic Materials 1.9%