Top Institutional Investors

Empirical Financial Services, LLC d.b.a. Empirical Wealth Ma — 13F Holdings & Portfolio

CIK 1510434 · latest 13F-HR filed 2026-07-15

Backtest portfolio

Empirical Financial Services, LLC d.b.a. Empirical Wealth Ma manages $6.85B in 13F-reported U.S. long-equity assets across 1,876 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are QUAL (5.69%), IQLT (5.67%), MTUM (4.63%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 118 new positions, exited 56, added to 615, and trimmed 178.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Filer Information
Address
1420 5TH AVE SUITE 3150
SEATTLE, WA 98101
Phone
(206) 923-3474
Filing Manager
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management
Seattle, WA
Signatory
Justin W. Buller
Chief Compliance Officer
Loading holdings…
AUM

$6.85B

Long-equity book

Holdings

1,876

Distinct positions

Period

2026-06-30

Filed 2026-07-15

Q/Q Activity

+118 / −56 / ↑615 / ↓178

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • ISHARES TR$88.9M +38.6%
  • ISHARES TR$74.8M +23.7%
  • NVIDIA CORPORATION$70.9M +20.8%
  • ISHARES TR$54.9M +16.2%
  • DIMENSIONAL ETF TRUST$29.8M +19.2%
Show all 615 →

Top Trims

  • ADOBE INC-$4.3M -85.5%
  • SPDR SERIES TRUST-$4.3M -11.5%
  • AT&T INC-$4.2M -27.8%
  • EXXON MOBIL CORP-$3.1M -18.9%
  • CHEVRON CORPORATION-$2.5M -19.2%
Show all 178 →

New Positions

  • COLUMBIA BKG SYS INC$5.1M
  • CARNIVAL CORP LTD$2.0M
  • INVESCO EXCHANGE TRADED FD T$1.7M
  • TIDAL TRUST II$1.4M
  • SANDISK CORP$1.4M
Show all 118 →

Exited Positions

  • HONEYWELL INTL INC$2.1M
  • CARNIVAL CORP$1.7M
  • DUPONT DE NEMOURS INC$1.0M
  • INGREDION INC$843.4K
  • TIDAL TRUST I$622.0K
Show all 56 →
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 ISHARES TR QUAL 46432F339 $390.3M 5.69% 1,778,521 SH
2 ISHARES TR IQLT 46434V456 $388.4M 5.67% 7,838,689 SH
3 ISHARES TR MTUM 46432F396 $317.0M 4.63% 924,688 SH
4 NVIDIA CORPORATION NVDA 67066G104 $280.1M 4.09% 1,400,082 SH
5 VANGUARD MALVERN FDS VTIP 922020805 $256.3M 3.74% 5,102,176 SH
6 VANGUARD SCOTTSDALE FDS VCSH 92206C409 $227.3M 3.32% 2,876,449 SH
7 DIMENSIONAL ETF TRUST DFUV 25434V724 $181.2M 2.64% 3,293,407 SH
8 ISHARES INC IEMG 46434G103 $166.0M 2.42% 2,003,515 SH
9 ISHARES TR EFV 464288877 $159.7M 2.33% 2,085,985 SH
10 APPLE INC AAPL 037833100 $158.6M 2.31% 547,988 SH
11 NVIDIA CORPORATION NVDA 67066G104 $132.1M 1.93% 660,312 SH
12 VANGUARD SCOTTSDALE FDS VCIT 92206C870 $120.2M 1.75% 1,454,112 SH
13 DIMENSIONAL ETF TRUST DFIV 25434V807 $98.6M 1.44% 1,825,206 SH
14 MICROSOFT CORP MSFT 594918104 $81.1M 1.18% 217,427 SH
15 WISDOMTREE TR QGRW 97717Y477 $76.2M 1.11% 1,154,410 SH
16 DFA INVT DIMENSIONS GROUP IN DFMC 25239Y238 $75.3M 1.10% 1,232,100 SH
17 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $74.5M 1.09% 99,725 SH
18 VANGUARD INDEX FDS VTV 922908744 $73.2M 1.07% 335,761 SH
19 AMAZON COM INC AMZN 023135106 $71.3M 1.04% 298,948 SH
20 VANGUARD SCOTTSDALE FDS VGSH 92206C102 $70.6M 1.03% 1,212,550 SH
21 AMERICAN CENTY ETF TR AVDV 025072802 $67.2M 0.98% 652,236 SH
22 DIMENSIONAL ETF TRUST DFAT 25434V609 $64.3M 0.94% 919,865 SH
23 VANGUARD TAX-MANAGED FDS VEA 921943858 $64.0M 0.93% 897,713 SH
24 META PLATFORMS INC META 30303M102 $57.5M 0.84% 102,137 SH
25 AMERICAN CENTY ETF TR AVUV 025072877 $54.6M 0.80% 437,735 SH
26 CISCO SYS INC CSCO 17275R102 $53.3M 0.78% 454,065 SH
27 ALPHABET INC GOOG 02079K107 $52.4M 0.77% 148,400 SH
28 VANGUARD INDEX FDS VNQ 922908553 $46.0M 0.67% 477,267 SH
29 SCHWAB STRATEGIC TR SCHC 808524888 $45.0M 0.66% 935,586 SH
30 BROADCOM INC AVGO 11135F101 $37.4M 0.55% 99,112 SH
31 MICRON TECHNOLOGY INC MU 595112103 $35.4M 0.52% 30,644 SH
32 TESLA INC TSLA 88160R101 $33.6M 0.49% 79,848 SH
33 DELL TECHNOLOGIES INC DELL 24703L202 $33.5M 0.49% 77,620 SH
34 SPDR SERIES TRUST SJNK 78468R408 $32.9M 0.48% 1,314,227 SH
35 SCHWAB STRATEGIC TR SCHF 808524805 $32.2M 0.47% 1,163,311 SH
36 VANGUARD INTL EQUITY INDEX F VSS 922042718 $31.4M 0.46% 203,201 SH
37 DIMENSIONAL ETF TRUST DFAC 25434V708 $31.3M 0.46% 705,804 SH
38 VANGUARD INDEX FDS VBR 922908611 $31.1M 0.45% 127,818 SH
39 LAM RESEARCH CORP LRCX 512807306 $31.0M 0.45% 71,455 SH
40 VANGUARD INDEX FDS VTI 922908769 $30.0M 0.44% 81,002 SH
41 ISHARES TR ESGD 46435G516 $29.0M 0.42% 282,212 SH
42 DIMENSIONAL ETF TRUST DUHP 25434V831 $28.9M 0.42% 691,936 SH
43 JPMORGAN CHASE & CO JPM 46625H100 $28.8M 0.42% 87,929 SH
44 ALPHABET INC GOOGL 02079K305 $27.8M 0.41% 77,712 SH
45 ISHARES TR IWC 464288869 $27.8M 0.40% 138,738 SH
46 ALTRIA GROUP INC MO 02209S103 $26.3M 0.38% 365,255 SH
47 DIMENSIONAL ETF TRUST DFAS 25434V500 $26.1M 0.38% 316,470 SH
48 SCHWAB STRATEGIC TR SCHX 808524201 $25.4M 0.37% 864,558 SH
49 WESTERN DIGITAL CORP WDC 958102105 $25.4M 0.37% 39,798 SH
50 VANGUARD WELLINGTON FD VFMO 921935508 $25.3M 0.37% 101,436 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-15 $6.85B 1,876 0001085146-26-000512
2026-03-31 2026-05-04 $5.78B 1,706 0001085146-26-000381
2025-12-31 2026-01-16 $5.61B 1,378 0001085146-26-000089