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Empirical Finance, LLC

CIK:0001572838
Investment Adviser
$2B AUM
508 holdings
Bensalem, PA, US
Founded:2013
20 employees
Latest filing:Jun 30, 2025

Empirical Finance, LLC, doing business as Alpha Architect, is an SEC-registered investment adviser headquartered in Bensalem, Pennsylvania. Founded in 2013, Alpha Architect provides quantitative investment solutions, ETF management, and custom portfolio design primarily to RIAs, institutional investors, and high-net-worth individuals. The firm is known for its intellectual rigor and data-driven approach to asset management, focusing on systematic investing supported by academic research. The firm employs approximately 20 professionals with expertise across financial engineering, quantitative modeling, and client relationship management.

Investment Strategy

Alpha Architect employs a highly quantitative, evidence-based investment methodology underpinned by rigorous academic research. Their primary focus areas include value and momentum equity strategies delivered via ETF and separately managed accounts. The firm seeks to empower investors through transparent, rules-based models designed to capture behavioral and structural premia, emphasizing tax efficiency, risk management, and customization. Alpha Architect is dedicated to serving sophisticated clients with innovative public equity solutions, often integrating factor investing and systematic portfolio rebalancing.

Top Buys
N
NVDANVIDIA CORPORATION
+$44.0M
M
MSFTMICROSOFT CORP
+$31.8M
A
AVGOBROADCOM INC
+$16.9M
C
CAOSEA SERIES TRUST
+$14.2M
M
METAMETA PLATFORMS INC
+$12.8M
Top Sells
A
AAPLAPPLE INC
-$6.9M
U
UNHUNITEDHEALTH GROUP INC
-$6.0M
B
BRK-BBERKSHIRE HATHAWAY INC DEL
-$2.2M
X
XOMEXXON MOBIL CORP
-$1.6M
D
DFSDISCOVER FINL SVCS
-$1.5M

Top Holdings

N
NVDANVIDIA CORPORATION
+7.0%$134.7M
M
MSFTMICROSOFT CORP
+6.6%$125.8M
A
AAPLAPPLE INC
+5.6%$107.1M
A
AMZNAMAZON COM INC
+3.8%$73.1M
M
METAMETA PLATFORMS INC
+3.0%$57.1M

Equity Positions (500)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
N
NVDA
NVIDIA CORPORATION7.05%$134.7M852,382$28.79$157.99+$44.0M
M
MSFT
MICROSOFT CORP6.59%$125.8M252,896$274.54$497.41+$31.8M
A
AAPL
APPLE INC5.61%$107.1M521,839$140.23$205.17-$6.9M
A
AMZN
AMAZON COM INC3.83%$73.1M333,086$135.82$219.39+$12.0M
M
META
META PLATFORMS INC2.99%$57.1M77,335$255.59$738.09+$12.8M

Industry Allocation

SEMICONDUCTORS & RELATED DEVICES
+11.5%
SERVICES-PREPACKAGED SOFTWARE
+9.2%
SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+8.4%
ELECTRONIC COMPUTERS
+5.6%
PHARMACEUTICAL PREPARATIONS
+4.1%