Empirical Financial Services, LLC d.b.a. Empirical Wealth Management

Portfolio Overview

Empirical Wealth Management reports a $5.61 billion 13F portfolio as of 2025-12-31, up 12.3% from $5.00 billion on 2025-09-30. The filer holds 1,378 reported positions, but the portfolio is substantially concentrated in ETFs: the filing groups $2.83 billion (≈50.4% of assets) under “ETF” as a sector bucket. Activity in the quarter was modest in terms of lineup change—2 new positions, 2 exits—while the firm increased 36 stakes and reduced 12, indicating an additive/tilting re...