Fund Holdings

Empirical Finance, LLC

Filing Period:
Securities
SharesValue ($K)
Q2 2025
Q3 2025
Change
Q2 2025
Q3 2025
Weight (%)
Change
APPLE INC(AAPL)521,839526,416+4,577107,065,708134,041,3066.38%+26,975,598
NVIDIA CORPORATION(NVDA)852,382859,953+7,571134,667,832160,450,0317.64%+25,782,199
ALPHABET INC(GOOG)206,390206,995+60536,372,11050,320,4852.40%+13,948,375
TESLA INC(TSLA)82,36383,293+93026,163,43137,042,0631.76%+10,878,632
ALPHABET INC(GOOG)186,882178,554-8,32833,150,99843,486,8272.07%+10,335,829
BROADCOM INC(AVGO)148,179149,735+1,55640,845,54149,399,0742.35%+8,553,533
MICROSOFT CORP(MSFT)252,896256,810+3,914125,792,999133,014,7396.33%+7,221,740
TAIWAN SEMICONDUCTOR MFG LTD(TSM)20,76837,272+16,5044,703,74410,409,6970.50%+5,705,953
MORGAN STANLEY(MS)45,12262,219+17,0976,355,8859,890,3320.47%+3,534,447
CHEVRON CORP NEW(CVX)61,25779,092+17,8358,771,39012,282,2010.58%+3,510,811
ORACLE CORP(ORCL)45,97046,478+50810,050,42113,071,4730.62%+3,021,052
JPMORGAN CHASE & CO.(JPM)104,514105,419+90530,299,65433,252,3151.58%+2,952,661
ABBVIE INC(ABBV)61,26661,862+59611,372,19514,323,5270.68%+2,951,332
JOHNSON & JOHNSON(JNJ)85,65386,469+81613,083,49616,033,0820.76%+2,949,586
AMAZON COM INC(AMZN)333,086344,686+11,60073,075,73875,682,7053.60%+2,606,967
CATERPILLAR INC(CAT)17,80719,919+2,1126,912,8559,504,3510.45%+2,591,496
ENERGY TRANSFER L P(ET)389,546548,495+158,9497,062,4699,412,1740.45%+2,349,705
HOME DEPOT INC(HD)35,18236,975+1,79312,899,12814,981,9000.71%+2,082,772
WESTERN MIDSTREAM PARTNERS L(WES)122,699172,718+50,0194,748,4516,786,0900.32%+2,037,639
GRUPO AEROPORTUARIO DEL CENT(OMAB)49,94170,319+20,3785,268,7767,304,0350.35%+2,035,259
LAM RESEARCH CORP(LRCX)46,67649,076+2,4004,543,4426,571,2760.31%+2,027,834
AXOS FINANCIAL INC(AX)54,63369,766+15,1334,154,2935,905,6920.28%+1,751,399
GE AEROSPACE(GE)37,83938,195+3569,739,38011,489,8200.55%+1,750,440
INTEL CORP(INTC)146,516148,085+1,5693,281,9584,968,2520.24%+1,686,294
MICRON TECHNOLOGY INC(MU)39,00638,575-4314,807,4906,454,3690.31%+1,646,879
GRUPO AEROPUERTO DEL PACIFIC(PAC)15,64821,976+6,3283,593,0945,212,4870.25%+1,619,393
ARISTA NETWORKS INC(ANET)34,18833,320-8683,497,7744,855,0570.23%+1,357,283
EA SERIES TRUST238,242271,706+33,4646,475,4187,812,8250.37%+1,337,407
VANGUARD INDEX FDS55,05055,050016,731,34718,065,7590.86%+1,334,412
NEWMONT CORP(NEM)48,93249,391+4592,850,7784,164,1550.20%+1,313,377
UNITEDHEALTH GROUP INC(UNH)34,76335,092+32910,845,01312,117,2680.58%+1,272,255
ECOPETROL S A(EC)300,866423,622+122,7562,662,6643,901,5590.19%+1,238,895
VALERO ENERGY CORP(VLO)12,61317,196+4,5831,695,4392,927,7910.14%+1,232,352
ADVANCED MICRO DEVICES INC(AMD)56,06356,576+5137,955,3409,153,4310.44%+1,198,091
BERKSHIRE HATHAWAY INC DEL51,20351,831+62824,872,88126,057,5171.24%+1,184,636
THERMO FISHER SCIENTIFIC INC(TMO)13,91514,043+1285,641,9946,811,1640.32%+1,169,170
CITIGROUP INC(C)67,68268,275+5935,761,0926,929,9130.33%+1,168,821
TERNIUM SA(TX)61,43186,499+25,0681,849,0733,004,1100.14%+1,155,037
BANK AMERICA CORP242,519244,731+2,21211,475,99912,625,6720.60%+1,149,673
MPLX LP(MPLX)60,46785,067+24,6003,114,6554,249,0970.20%+1,134,442
RTX CORPORATION(RTX)48,96049,398+4387,149,1398,265,7670.39%+1,116,628
NATURAL GROCERS BY VITAMIN C48,27975,279+27,0001,894,9513,011,1600.14%+1,116,209
GOLDMAN SACHS GROUP INC(GS)11,46111,558+978,111,5239,204,2130.44%+1,092,690
AMPHENOL CORP NEW41,44941,863+4144,093,0895,180,5460.25%+1,087,457
DIAGEO PLC(DEO)011,089+11,08901,058,2230.05%+1,058,223
MERCK & CO INC(MRK)90,63096,986+6,3567,174,2718,140,0350.39%+965,764
EXXON MOBIL CORP157,354158,750+1,39616,962,78117,899,0830.85%+936,302
WALMART INC(WMT)147,413148,900+1,48714,414,04315,345,6340.73%+931,591
KLA CORP(KLAC)4,8264,868+424,322,8415,250,6250.25%+927,784
LOCKHEED MARTIN CORP(LMT)7,8559,136+1,2813,637,9654,560,7830.22%+922,818
TJX COS INC NEW(TJX)40,13840,507+3694,956,6425,854,8820.28%+898,240
EA SERIES TRUST435,049428,678-6,37119,146,50619,997,8290.95%+851,323
CORNING INC(GLW)27,04327,307+2641,422,1912,239,9930.11%+817,802
GE VERNOVA INC(GEV)8,6868,773+874,596,1975,394,5180.26%+798,321
GENERAL MTRS CO(GM)65,51465,908+3943,223,9444,018,4110.19%+794,467
DUKE ENERGY CORP NEW(DUK)26,77831,429+4,6513,159,8043,889,3390.19%+729,535
APPLIED MATLS INC29,49129,740+2495,398,9176,088,9680.29%+690,051
CENTURY CMNTYS INC(CCS)20,38828,705+8,3171,148,2521,819,0360.09%+670,784
LOWES COS INC(LOW)21,06921,257+1884,674,5795,342,0970.25%+667,518
WARNER BROS DISCOVERY INC(WBD)78,56379,352+789900,3321,549,7450.07%+649,413
WESTERN DIGITAL CORP(WDC)11,24811,362+114719,7601,364,1220.06%+644,362
BLACKROCK INC(BLK)5,0245,074+505,271,4325,915,6240.28%+644,192
OREILLY AUTOMOTIVE INC(ORLY)32,41732,686+2692,921,7443,523,8780.17%+602,134
NORTHROP GRUMMAN CORP(NOC)5,0365,082+462,517,8993,096,5640.15%+578,665
WELLS FARGO CO NEW(WFC)127,906128,903+99710,247,82910,804,6490.51%+556,820
TAPESTRY INC(TPR)20,36720,511+1441,788,4262,322,2550.11%+533,829
FIRST SOLAR INC(FSLR)9,2359,312+771,528,7622,053,5750.10%+524,813
AUTOZONE INC(AZO)853860+73,166,5323,689,6060.18%+523,074
GEOPARK LTD210,227295,971+85,7441,370,6801,885,3350.09%+514,655
MARATHON PETE CORP(MPC)18,30118,408+1073,039,9793,547,9580.17%+507,979
ALTRIA GROUP INC(MO)62,18062,870+6903,645,6134,153,1920.20%+507,579
UNITED RENTALS INC(URI)2,4192,440+211,822,4752,329,3700.11%+506,895
MACYS INC(M)79,38879,844+456925,6641,431,6030.07%+505,939
BANK NEW YORK MELLON CORP26,29526,522+2272,395,7372,889,8370.14%+494,100
AMERICAS CAR-MART INC016,891+16,8910493,3860.02%+493,386
BAKER HUGHES COMPANY(BKR)45,24145,645+4041,734,5402,223,8240.11%+489,284
CUMMINS INC(CMI)4,9194,965+461,610,9732,097,0670.10%+486,094
MEDPACE HLDGS INC(MEDP)6,9745,196-1,7782,188,8602,671,5750.13%+482,715
FEDERAL AGRIC MTG CORP(AGM)11,68516,375+4,6902,270,1622,750,6730.13%+480,511
NEXTERA ENERGY INC(NEE)70,34671,041+6954,883,4195,362,8850.26%+479,466
CISCO SYS INC(CSCO)142,763151,596+8,8339,904,89710,372,1980.49%+467,301
PEPSICO INC(PEP)47,81848,283+4656,313,8896,780,8650.32%+466,976
D R HORTON INC(DHI)10,85110,940+891,398,9111,854,0020.09%+455,091
NEXTRACKER INC22,26222,390+1281,210,3851,656,6360.08%+446,251
CADENCE DESIGN SYSTEM INC(CDNS)9,4329,520+882,906,4713,343,9950.16%+437,524
UNITED THERAPEUTICS CORP DEL(UTHR)3,1923,210+18917,2211,345,6640.06%+428,443
GENERAL DYNAMICS CORP(GD)8,0048,090+862,334,4472,758,6900.13%+424,243
UNITED AIRLS HLDGS INC(UAL)24,00024,180+1801,911,1202,333,3700.11%+422,250
SANDISK CORP(SNDK)03,640+3,6400408,4080.02%+408,408
CORPORACION AMER ARPTS S A139,327177,987+38,6602,822,7653,225,1240.15%+402,359
ELECTRONIC ARTS INC(EA)9,0209,091+711,440,4941,833,6550.09%+393,161
COPA HOLDINGS SA(CPA)38,42538,850+4254,225,5974,616,1570.22%+390,560
L3HARRIS TECHNOLOGIES INC(LHX)6,7866,848+621,702,2002,091,4480.10%+389,248
CVS HEALTH CORP(CVS)53,72954,238+5093,706,2264,089,0030.19%+382,777
NORFOLK SOUTHN CORP(NSC)8,1308,188+582,081,0362,459,7570.12%+378,721
LEIDOS HOLDINGS INC(LDOS)11,04011,117+771,741,6702,100,6680.10%+358,998
AT&T INC(T)271,270290,650+19,3807,850,5548,207,9560.39%+357,402
MASTERCARD INCORPORATED(MA)29,06529,341+27616,332,78616,689,4540.79%+356,668
PARAMOUNT SKYDANCE CORP(PSKY)018,425+18,4250348,6010.02%+348,601
HCA HEALTHCARE INC(HCA)7,2737,322+492,786,2863,120,6360.15%+334,350
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