1y return+25.9%S&P 500 +20.9%
3y return+57.5%S&P 500 +68.5%
5y return+48.9%S&P 500 +74.5%
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 December 31, 2016: $250 against $334 in the S&P 500.2
Empowered Funds, 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 |
|---|---|---|---|
| NVDANvidia Corporation | $603.7M | 3.2% | +11.6% |
| AAPLApple Inc | $465.3M | 2.5% | |
| TSMTaiwan Semiconductor Manufac | $399.2M | 2.1% | +348.4% |
| GOOGLAlphabet Inc | $379.1M | 2.0% | +8.5% |
| MUMicron Technology Inc | $318.4M | 1.7% | +13.1% |
| AMZNAmazon Com Inc | $292.7M | 1.5% | +18.8% |
| MSFTMicrosoft Corp | $263.2M | 1.4% | −12.6% |
| AVGOBroadcom Inc | $254.7M | 1.3% | −3.6% |
| LLYEli Lilly & Co | $165.7M | 0.9% | |
| METAMeta Platforms Inc | $162.5M | 0.9% | |
| Exxon Mobil CorpCUSIP 30231G102 | $156.7M | 0.8% | +13.4% |
| JPMJpmorgan Chase & Co | $155.6M | 0.8% | +2.4% |
| AMDAdvanced Micro Devices Inc | $146.0M | 0.8% | −3.6% |
| LRCXLam Research Corp | $135.5M | 0.7% | −10.7% |
| VEAVanguard Tax-managed Fds | $135.3M | 0.7% | −1.9% |
| CVXChevron Corporation | $131.7M | 0.7% | +6.1% |
| GOOGAlphabet Inc | $129.8M | 0.7% | −12.5% |
| IDEVIshares Tr | $113.6M | 0.6% | −1.1% |
| EXPEExpedia Group Inc | $109.5M | 0.6% | +52.6% |
| BOXXEa Series Trust | $108.1M | 0.6% | −3.7% |
| WDCWestern Digital Corp | $97.5M | 0.5% | −17.2% |
| COSTCostco Wholesale Corporation | $94.0M | 0.5% | +48.3% |
| VWOVanguard Intl Equity Index F | $91.8M | 0.5% | +16.1% |
| GEVGe Vernova Inc | $90.5M | 0.5% | +7.6% |
| VSTVistra Corp | $89.3M | 0.5% | +27.7% |
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 Corporation | September 30, 2021 | +865.9% | $603.7M |
| AVGOBroadcom Inc | June 30, 2021 | +692.2% | $254.7M |
| GEVGe Vernova Inc | June 30, 2024 | +585.0% | $90.5M |
| VSTVistra Corp | December 31, 2023 | +311.8% | $89.3M |
| VRTVertiv Holdings Co | March 31, 2024 | +310.0% | $75.7M |
| Exxon Mobil CorpCUSIP 30231G102 | December 31, 2020 | +231.7% | $156.7M |
| JPMJpmorgan Chase & Co | September 30, 2022 | +213.2% | $155.6M |
| CSCOCisco Sys Inc | September 30, 2022 | +193.6% | $72.2M |
| GOOGLAlphabet Inc | June 30, 2021 | +192.7% | $379.1M |
| AMDAdvanced Micro Devices Inc | March 31, 2026 | +185.6% | $146.0M |
Sold off last quarter
- COMBGraniteshares Etf Tr was $26.4M
- KTOSKratos Defense & Sec Solutio was $25.8M
- XLESelect Sector Spdr Tr was $21.5M
- VGITVanguard Scottsdale Fds was $20.9M
- Honeywell Intl IncCUSIP 438516106 was $16.6M
- Carnival CorpCUSIP 143658300 was $14.0M
- BRNYEa Series Trust was $13.5M
- USDUWisdomtree Tr was $13.5M
- VGSHVanguard Scottsdale Fds was $12.7M
- KRMNKarman Hldgs Inc was $12.0M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +11.6% | +14.8% |
| March 31, 2026 | +1.8% | −4.6% |
| December 31, 2025 | +2.8% | +2.4% |
| September 30, 2025 | +7.8% | +7.8% |
| June 30, 2025 | +6.4% | +10.5% |
| March 31, 2025 | −3.9% | −4.6% |
| December 31, 2024 | −1.3% | +2.1% |
| September 30, 2024 | +5.9% | +5.4% |
| June 30, 2024 | −1.8% | +4.0% |
| March 31, 2024 | +7.8% | +10.0% |
| December 31, 2023 | +9.2% | +11.2% |
| September 30, 2023 | +1.3% | −3.6% |
| June 30, 2023 | +3.6% | +8.3% |
| March 31, 2023 | +1.1% | +7.0% |
| December 31, 2022 | +9.0% | +7.1% |
| September 30, 2022 | −3.7% | −5.3% |
| June 30, 2022 | −13.6% | −16.5% |
| March 31, 2022 | −3.7% | −4.9% |
| December 31, 2021 | +5.7% | +10.7% |
| September 30, 2021 | −2.2% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Empowered Funds, LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1592828&type=13F-HR&dateb=&owner=include&count=40CIK 1592828
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1592828/000159282826000007/Filed August 17, 2026 · accession 0001592828-26-000007