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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 8 of 25  ·  483 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
141 PNC PNC FINL SVCS GROUP INC Financial Services 13,644.0 $2.8M 0.13% $208.09 +12.1%
142 CSX CSX CORP Industrials 69,042.0 $2.8M 0.13% $41.05 +14.7%
143 ADP AUTOMATIC DATA PROCESSING IN Industrials 13,936.0 $2.8M 0.13% $203.18 +33.5%
144 EOG EOG RES INC Energy 19,469.0 $2.8M 0.13% $144.57 -0.2%
145 MAR MARRIOTT INTL INC NEW Consumer Cyclical 8,553.0 $2.8M 0.13% $327.07 +3.6%
146 FDX FEDEX CORP Industrials 7,851.0 $2.8M 0.13% $356.18 -14.7%
147 PSX PHILLIPS 66 Energy 14,930.0 $2.7M 0.13% $182.18 +49.9%
148 ELV ELEVANCE HEALTH INC FORMERLY Healthcare 9,226.0 $2.7M 0.13% $292.75 +40.4%
149 BKR BAKER HUGHES COMPANY Energy 44,232.0 $2.7M 0.13% $61.05 -6.2%
150 NXT NEXTPOWER INC Technology 22,390.0 $2.7M 0.13% $120.55 -33.2%
151 MMM 3M CO Industrials 18,575.0 $2.7M 0.13% $145.23 +14.2%
152 PWR QUANTA SVCS INC Industrials 4,873.0 $2.7M 0.13% $549.02 +16.0%
153 GD GENERAL DYNAMICS CORP Industrials 7,768.0 $2.7M 0.12% $343.22 +2.9%
154 MDLZ MONDELEZ INTL INC Consumer Defensive 45,853.0 $2.6M 0.12% $57.64 +5.6%
155 CMI CUMMINS INC Industrials 4,760.0 $2.6M 0.12% $538.02 -1.1%
156 SHW SHERWIN WILLIAMS CO Basic Materials 7,988.0 $2.6M 0.12% $320.55 +0.1%
157 USB US BANCORP Financial Services 49,103.0 $2.6M 0.12% $52.01 +15.5%
158 EMR EMERSON ELEC CO Industrials 19,404.0 $2.5M 0.12% $131.02 +14.4%
159 CDNS CADENCE DESIGN SYSTEM INC Technology 9,104.0 $2.5M 0.12% $277.87 +1.8%
160 ROST ROSS STORES INC Consumer Cyclical 11,607.0 $2.5M 0.12% $216.63 +4.6%
Page 8 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%