1y return+14.2%S&P 500 +20.9%
3y return+47.4%S&P 500 +68.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since March 31, 2023: $154 against $182 in the S&P 500.2
Empire Financial Management Company, LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| DSTLEtf Series Solutions | $15.5M | 6.1% | |
| JPMJpmorgan Chase & Co | $8.8M | 3.5% | −31.6% |
| DBMFLitman Gregory Funds Trust | $6.6M | 2.6% | +1.0% |
| AVDVAmerican Century Etf Trust | $6.5M | 2.6% | +3.9% |
| FDIVEa Ser Tr | $6.5M | 2.6% | +2.9% |
| ABBVAbbvie Inc | $6.3M | 2.5% | −14.4% |
| GOOGLAlphabet Inc | $6.3M | 2.5% | −31.3% |
| QDPLPacer Funds Trust | $5.9M | 2.3% | +2.0% |
| HDHome Depot Inc | $5.2M | 2.0% | +3.5% |
| PHYSSprott Physical Gold Tr | $5.1M | 2.0% | +1.3% |
| AVGOBroadcom Inc | $5.0M | 2.0% | −3.7% |
| GCOWPacer Fds Tr | $4.9M | 1.9% | |
| HGERHarbor Etf Trust | $4.5M | 1.8% | |
| DSTXEtf Series Solutions | $4.4M | 1.7% | +1.1% |
| RTXRtx Corporation | $4.3M | 1.7% | −49.1% |
| TRVThe Travelers Companies Inc | $4.1M | 1.6% | −2.9% |
| AAPLApple Inc | $4.0M | 1.6% | −74.6% |
| JHSCJohn Hancock Exchange Traded | $4.0M | 1.6% | |
| AMDAdvanced Micro Devices Inc | $3.9M | 1.6% | −66.4% |
| NVDANvidia Corp | $3.8M | 1.5% | −1.4% |
| AMGNAmgen Inc | $3.8M | 1.5% | |
| GSGoldman Sachs Group Inc | $3.8M | 1.5% | |
| PANWPalo Alto Networks Inc | $3.7M | 1.5% | |
| DUKDuke Energy Corporation | $3.5M | 1.4% | −8.7% |
| IBMInternational Business | $3.4M | 1.3% | −53.4% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| NVDANvidia Corp | March 31, 2023 | +620.3% | $3.8M |
| AVGOBroadcom Inc | March 31, 2023 | +488.8% | $5.0M |
| AMDAdvanced Micro Devices Inc | September 30, 2025 | +259.1% | $3.9M |
| GOOGLAlphabet Inc | March 31, 2023 | +244.5% | $6.3M |
| GSGoldman Sachs Group Inc | March 31, 2023 | +209.2% | $3.8M |
| DSTXEtf Series Solutions | March 31, 2023 | +190.6% | $4.4M |
| JPMJpmorgan Chase & Co | March 31, 2023 | +151.2% | $8.8M |
| PANWPalo Alto Networks Inc | March 31, 2024 | +140.0% | $3.7M |
| IBMInternational Business | March 31, 2023 | +114.5% | $3.4M |
| PHYSSprott Physical Gold Tr | March 31, 2023 | +95.1% | $5.1M |
Sold off last quarter
- Honeywell Intl IncCUSIP 438516106 was $10.7M
- BABoeing Co was $9.1M
- VNDAVanda Pharmaceuticals Inc was $6.4M
- BACBank Of America Corp was $6.2M
- MRKMerck & Co Inc was $4.8M
- CEGConstellation Energy was $4.8M
- CRMSalesforce Inc was $4.4M
- CYRXCryoport Inc was $4.2M
- JEPQJ P Morgan Exchange-traded Fd was $3.6M
- MPLXMplx LP was $3.4M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +6.6% | +14.8% |
| March 31, 2026 | −3.3% | −4.6% |
| December 31, 2025 | +3.9% | +2.4% |
| September 30, 2025 | +6.6% | +7.8% |
| June 30, 2025 | +6.3% | +10.5% |
| March 31, 2025 | +0.5% | −4.6% |
| December 31, 2024 | −2.3% | +2.1% |
| September 30, 2024 | +7.3% | +5.4% |
| June 30, 2024 | +0.7% | +4.0% |
| March 31, 2024 | +9.0% | +10.0% |
| December 31, 2023 | +8.6% | +11.2% |
| September 30, 2023 | −3.3% | −3.6% |
| June 30, 2023 | +4.5% | +8.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Empire Financial Management Company, LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1971875&type=13F-HR&dateb=&owner=include&count=40CIK 1971875
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1971875/000197187526000003/Filed August 14, 2026 · accession 0001971875-26-000003