Empower Advisory Group, LLC
Long book
$38.52B
Q1 2026
Positions
510
Top-10 weight
46%
concentration
Last quarter
+7.2%
SPY +14.8%
Turnover
18%
of book per quarter
Strategy in plain words
auto-generated from filingsEmpower Advisory Group, LLC is a wealth-management firm allocating client money, running a $38.52B US long book across 510 positions.
The portfolio is moderately concentrated (top 10 ≈ 46% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: SCHWAB INTL EQUITY ETF, ISHARES RUSSELL 2000 ETF, VANGUARD FTSE EMERGING MARKE, VANGUARD SHORT-TERM BOND ETF, VANGUARD REAL ESTATE ETF.
Over the last 9 quarters its long book ran on average 1.1pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+0.4%
Q2 2024
+7.6%
Q3 2024
-2.2%
Q4 2024
+0.7%
Q1 2025
+6.6%
Q2 2025
+6.1%
Q3 2025
+2.4%
Q4 2025
+1.3%
Q1 2026
+7.2%
Sector allocation
Technology 21%
Utilities 13%
Consumer discretionary 12%
Industrials 10%
Financials 8%
Materials 8%
Healthcare 8%
Energy 6%
Long book by quarter
What does Empower Advisory own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 2.1M | $533.7M | 1.4% | -1.2% |
| NVDA NVIDIA CORP | Technology | 2.9M | $503.8M | 1.3% | +0.1% |
| AMZN AMAZON.COM INC | Consumer discretionary | 2.1M | $443.4M | 1.2% | +9.2% |
| MSFT MICROSOFT CORP | Technology | 1.1M | $414.9M | 1.1% | +19.8% |
| GOOG ALPHABET INC-CL C | Technology | 1.4M | $409.7M | 1.1% | -29.0% |
| WMT WALMART INC | Consumer discretionary | 2.7M | $331.5M | 0.9% | +0.8% |
| META META PLATFORMS INC-CLASS A | Technology | 559.5K | $320.1M | 0.8% | +15.8% |
| XOM EXXON MOBIL CORP | Energy | 1.8M | $297.7M | 0.8% | +3.5% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 533.5K | $255.6M | 0.7% | +5.8% |
| JPM JPMORGAN CHASE & CO | Financials | 866.9K | $255.0M | 0.7% | +3.2% |
| TSLA TESLA INC | Industrials | 661.6K | $245.9M | 0.6% | +1.9% |
| LLY ELI LILLY & CO | Healthcare | 259.8K | $238.9M | 0.6% | +4.1% |
| JNJ JOHNSON & JOHNSON | Healthcare | 897.5K | $219.4M | 0.6% | +0.9% |
| MA MASTERCARD INC - A | Services media | 404.1K | $201.9M | 0.5% | +7.7% |
| NEE NEXTERA ENERGY INC | Utilities | 2.1M | $195.8M | 0.5% | +2.0% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 189.5K | $188.9M | 0.5% | +5.3% |
| CVX CHEVRON CORP | Energy | 873.2K | $180.7M | 0.5% | +5.2% |
| DUK DUKE ENERGY CORP | Utilities | 1.4M | $177.9M | 0.5% | +4.9% |
| NFLX NETFLIX INC | Services media | 1.8M | $177.1M | 0.5% | +23.6% |
| LIN LINDE PLC | Materials | 340.0K | $168.5M | 0.4% | +71.2% |
| ECL ECOLAB INC | Other | 623.7K | $165.9M | 0.4% | +3.5% |
| PFE PFIZER INC | Healthcare | 5.6M | $158.0M | 0.4% | +9.4% |
| NEM NEWMONT CORP | Materials | 1.5M | $157.5M | 0.4% | -0.6% |
| PG PROCTER & GAMBLE CO/THE | Other | 1.1M | $153.5M | 0.4% | +18.6% |
| SO SOUTHERN CO/THE | Utilities | 1.6M | $152.8M | 0.4% | +8.4% |
| VLO VALERO ENERGY CORP | Energy | 598.8K | $148.0M | 0.4% | +3.5% |
| DIS WALT DISNEY CO/THE | Services media | 1.5M | $147.3M | 0.4% | +6.2% |
| LHX L3HARRIS TECHNOLOGIES INC | Technology | 397.4K | $137.2M | 0.4% | -0.6% |
| AVGO BROADCOM INC | Technology | 442.4K | $136.9M | 0.4% | +1.1% |
| BKR BAKER HUGHES CO | Industrials | 2.2M | $136.4M | 0.4% | +3.5% |
| HD HOME DEPOT INC | Consumer discretionary | 380.9K | $125.3M | 0.3% | -2.0% |
| ADM ARCHER-DANIELS-MIDLAND CO | Consumer staples | 1.7M | $124.0M | 0.3% | +3.2% |
| T AT&T INC | Communications | 4.3M | $123.8M | 0.3% | +4.3% |
| CAT CATERPILLAR INC | Industrials | 171.9K | $121.8M | 0.3% | -32.0% |
| AMGN AMGEN INC | Healthcare | 342.4K | $120.5M | 0.3% | +2.8% |
| UNH UNITEDHEALTH GROUP INC | Financials | 442.2K | $119.6M | 0.3% | +13.8% |
| SRE SEMPRA | Utilities | 1.2M | $118.7M | 0.3% | +3.1% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 524.9K | $118.6M | 0.3% | +3.7% |
| SCCO SOUTHERN COPPER CORP | Materials | 682.8K | $117.5M | 0.3% | -30.8% |
| NUE NUCOR CORP | Industrials | 688.8K | $116.5M | 0.3% | +2.4% |
| COP CONOCOPHILLIPS | Energy | 882.3K | $116.5M | 0.3% | +9.1% |
| GE GENERAL ELECTRIC | Industrials | 404.9K | $114.9M | 0.3% | +189.8% |
| WM WASTE MANAGEMENT INC | Utilities | 496.0K | $114.0M | 0.3% | +4.4% |
| AEP AMERICAN ELECTRIC POWER | Utilities | 867.6K | $113.7M | 0.3% | +5.5% |
| UPS UNITED PARCEL SERVICE-CL B | Industrials | 1.1M | $112.9M | 0.3% | +2.9% |
| APD AIR PRODUCTS & CHEMICALS INC | Materials | 388.2K | $112.8M | 0.3% | +25.5% |
| ABBV ABBVIE INC | Healthcare | 514.6K | $111.9M | 0.3% | +6.6% |
| SBUX STARBUCKS CORP | Consumer discretionary | 1.2M | $110.7M | 0.3% | +4.6% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 2.2M | $108.2M | 0.3% | +2.1% |
| ALB ALBEMARLE CORP | Materials | 599.5K | $107.6M | 0.3% | -31.3% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 14, 2026 | 511 | $38.52B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 12, 2026 | 501 | $37.03B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 528 | $36.08B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 8, 2025 | 497 | $33.39B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 9, 2025 | 495 | $30.64B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 31, 2025 | 498 | $29.69B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 5, 2024 | 502 | $29.58B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 25, 2024 | 490 | $26.94B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 2, 2024 | 495 | $26.71B | canonical | SEC ↗ |