Empower Advisory Group, LLC
SEC Form 13F institutional filer · CIK 0001978885
13F-HR · 265 reported holdings · 2026-03-31
Empower Advisory Group, LLC is a registered investment advisor.
Reported long-US-equity value
$25.41B
Top-10 concentration
54.9%
Empower Advisory Group, LLC — $25.4B AUM allocation strategy
Empower Advisory Group, LLC files SEC Form 13F and reports $25.4B of long US equity value across 265 reported holdings for 2026-03-31.
Its largest sector bet is Financials 33.7%, followed by Information Technology 5.7% and Communication Services 2.9%.
The top 10 holdings account for 55% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
Empower Advisory Group, LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$25.4B
total across 265 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
55% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$SCHW +11.1M sh · +$444M+$IVZ +2.25M sh · +$286M+$SPYM +1.94M sh · +$148M
Biggest trims (shares)
−$AES −4.6M sh · −$66M−$PYPL −949K sh · −$55.6M−$IBKR −659K sh · −$39.4M
Exited to nil (held last quarter, gone now)
$TTD ($545K last qtr)$RF ($347K last qtr)$EDOW ($321K last qtr)$HPQ ($282K last qtr)$A ($258K last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Investment Banking & Brokerage28.0%—
- Interactive Media & Services2.9%—
- Asset Management & Custody Banks2.9%—
- Technology Hardware, Storage & Peripherals2.1%—
- Semiconductors2.0%—
- Pharmaceuticals1.8%—
- Broadline Retail1.8%—
- Systems Software1.6%—
- Other holdings57.0%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
7 of 7 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $SCHW | Charles Schwab Corporation | 277M | $7.12B | +11.1M | 28.0% |
| $IVZ | Invesco Ltd | 35.2M | $723M | +2.25M | 2.8% |
| $AAPL | Apple Inc | 2.1M | $534M | -26.1K | 2.1% |
| $NVDA | NVIDIA Corporation | 2.89M | $504M | +3.07K | 2.0% |
| $AMZN | Amazon.com Inc | 2.13M | $443M | +179K | 1.7% |
| $MSFT | Microsoft Corporation | 1.12M | $415M | +185K | 1.6% |
| $GOOGL | Alphabet Inc | 1.43M | $410M | -582K | 1.6% |
…and 258 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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