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Livermore
Livermore
ZHEN

Empowered Funds, LLC

SEC CIK
0001592828
Latest filing
Aug 14, 2026

Holdings in Q3 2025

Holdings as of Sep 30, 2025, filed Nov 13, 2025. Long positions only; changes compare share counts with Q2 2025.

Institution overview
Positions
1,814
+68 vs. Q2 2025
Portfolio value
$9.90B
+$1.07B (+12.1%) vs. Q2 2025
Filed
Nov 13, 2025
SEC
Holdings of Empowered Funds, LLC in Q3 2025
SecurityClassSharesValue% of portfolioShare changeActionHistory
EPAMEPAM Systems, Inc.COM4,253$641.3K<0.1%+840+24.6%AddedHistory
ITTItt Inc.COM3,595$642.6K<0.1%+794+28.3%AddedHistory
Vanguard Total World Stock ETF922042742ETF4,687$645.9K<0.1%+4,687New–
GLUEMonte Rosa Therapeutics, Inc.COM87,450$648.0K<0.1%+87,450NewHistory
RVSBRiverview Bancorp IncCOM120,718$648.3K<0.1%+9,457+8.5%AddedHistory
EXLSExlService Holdings, Inc.COM14,758$649.8K<0.1%+14,758NewHistory
RBKBRhinebeck Bancorp, Inc.COM57,756$656.1K<0.1%+3,898+7.2%AddedHistory
BXSLBlackstone Secured Lending FundCOMMON STOCK25,216$657.4K<0.1%+8,404+50.0%AddedHistory
CMCOColumbus McKinnon CorpCOM45,965$659.1K<0.1%+290+0.6%AddedHistory
ADEAAdeia Inc.COM39,368$661.4K<0.1%+151+0.4%AddedHistory
TCMDTactile Systems Technology IncCOM47,978$664.0K<0.1%+47,978NewHistory
CVICVR Energy IncCOM18,221$664.7K<0.1%+8,402+85.6%AddedHistory
RDDTReddit, Inc.Stock2,906$668.4K<0.1%+865+42.4%AddedHistory
VLTOVeralto CorpStock6,285$670.0K<0.1%+375+6.3%AddedHistory
MSGSMadison Square Garden Sports Corp.CL A2,957$671.2K<0.1%+340+13.0%AddedHistory
NPWRNet Power Inc.COM CL A223,204$671.8K<0.1%+223,204NewHistory
AMAntero Midstream CorpStock34,724$675.0K<0.1%−28,510−45.1%ReducedHistory
LSTRLandstar System IncCOM5,511$675.4K<0.1%−4,034−42.3%ReducedHistory
NOVTNovanta IncCOM6,760$677.0K<0.1%+769+12.8%AddedHistory
iShares Tr464288869MICRO-CAP ETF4,568$681.0K<0.1%+483+11.8%Added–
Vanguard Admiral FDS Inc921932778SMLCP 600 VAL7,182$683.9K<0.1%+848+13.4%Added–
NTNXNutanix, Inc.Stock9,290$691.1K<0.1%+4,431+91.2%AddedHistory
RBCRBC Bearings INCCOM1,778$693.9K<0.1%+144+8.8%AddedHistory
SBSISouthside Bancshares IncCOM24,603$695.0K<0.1%−9,896−28.7%ReducedHistory
ZBRAZebra Technologies CorpCL A2,345$696.8K<0.1%+737+45.8%AddedHistory
DOCNDigitalOcean Holdings, Inc.COM20,432$698.0K<0.1%+6,478+46.4%AddedHistory
ACNTAscent Industries Co.COM54,284$699.2K<0.1%+2,318+4.5%AddedHistory
MYFWFirst Western Financial IncCOM30,376$699.4K<0.1%+3,325+12.3%AddedHistory
Alps ETF Tr00162Q452ALERIAN MLP14,938$701.0K<0.1%+14,938New–
TRMBTrimble Inc.COM8,603$702.4K<0.1%+568+7.1%AddedHistory
QSRRestaurant Brands International Inc.COM10,969$703.6K<0.1%+10,969NewHistory
KKellanovaStock8,591$704.6K<0.1%+1,840+27.3%AddedHistory
CTEVClaritev CorpCL A NEW13,281$705.0K<0.1%−39,357−74.8%ReducedHistory
ORNOrion Group Holdings IncCOM84,944$706.7K<0.1%−32,641−27.8%ReducedHistory
MVBFMVB Financial CorpCOM28,234$707.5K<0.1%+12,868+83.7%AddedHistory
STESTERIS plcSHS USD2,870$710.2K<0.1%−34−1.2%ReducedHistory
AREAlexandria Real Estate Equities, Inc.COM8,535$711.3K<0.1%+1,332+18.5%AddedHistory
MTDMettler Toledo International IncCOM580$712.0K<0.1%−1,283−68.9%ReducedHistory
GPNGlobal Payments IncStock8,579$712.7K<0.1%+368+4.5%AddedHistory
ACTGAcacia Research CorpACACIA TCH COM219,834$714.5K<0.1%+24,952+12.8%AddedHistory
AIZAssurant, Inc.Stock3,308$716.5K<0.1%+3,308NewHistory
PSKYParamount Skydance CorpCOM CL B38,163$722.0K<0.1%+38,163NewHistory
IPInternational Paper CoCOM15,584$723.1K<0.1%−44,566−74.1%ReducedHistory
iShares Tr464287721U.S. TECH ETF3,700$724.7K<0.1%+3,700New–
TXOTXO Partners, L.P.COM UNIT51,631$725.4K<0.1%+51,631NewHistory
ETSYEtsy IncCOM10,932$725.8K<0.1%−10,704−49.5%ReducedHistory
NPOEnpro Inc.COM3,216$726.8K<0.1%+681+26.9%AddedHistory
FCNCAFirst Citizens Bancshares IncCL A407$728.2K<0.1%+18+4.6%AddedHistory
Vanguard Ftse Developed Markets ETF921943858ETF12,359$740.6K<0.1%−1,971,153−99.4%Reduced–
MOSMosaic CoCOM21,450$743.9K<0.1%−30,058−58.4%ReducedHistory
KHCKraft Heinz CoStock28,749$748.6K<0.1%−95,495−76.9%ReducedHistory
State Street Financial Select Sector SPDR ETF81369Y605ETF13,902$748.9K<0.1%+13,902New–
LEVILevi Strauss & CoCL A COM STK32,551$758.4K<0.1%+32,551NewHistory
HBANHuntington Bancshares IncCOM43,936$758.8K<0.1%+9,695+28.3%AddedHistory
DLOdLocal LtdCLASS A COM53,277$760.8K<0.1%+53,277NewHistory
ROLRollins IncCOM12,984$762.7K<0.1%+6,343+95.5%AddedHistory
OPBKOP BancorpCOM54,828$763.2K<0.1%+252+0.5%AddedHistory
AENTAlliance Entertainment Holding CorpCOM CLASS A112,165$763.8K<0.1%+12,290+12.3%AddedHistory
MAINMain Street Capital CORPCEF12,024$764.6K<0.1%+2,593+27.5%AddedHistory
BMRCBank of Marin BancorpCOM31,494$764.7K<0.1%+3,398+12.1%AddedHistory
CRLCharles River Laboratories International, Inc.COM4,916$769.2K<0.1%+308+6.7%AddedHistory
LOPEGrand Canyon Education, Inc.COM3,505$769.4K<0.1%−3,463−49.7%ReducedHistory
MAGNMagnera CorpCOM SHS65,860$771.9K<0.1%+7,544+12.9%AddedHistory
PAYCPaycom Software, Inc.Stock3,711$772.4K<0.1%−3,463−48.3%ReducedHistory
AFRMAffirm Holdings, Inc.COM CL A10,588$773.8K<0.1%+2,038+23.8%AddedHistory
HLHecla Mining CoCOM64,101$775.6K<0.1%+38,114+146.7%AddedHistory
ARCCAres Capital CorpCEF38,023$776.0K<0.1%+12,672+50.0%AddedHistory
DALDelta Air Lines, Inc.COM NEW13,682$776.5K<0.1%+2,400+21.3%AddedHistory
MNRMach Natural Resources LPCOM UN LT PA IN59,015$777.8K<0.1%+59,015NewHistory
CAASChina Automotive Systems, Inc.SHS165,543$779.7K<0.1%+165,543NewHistory
EMLEastern CoCOM33,400$783.6K<0.1%+1,025+3.2%AddedHistory
CHGGChegg, IncCOM521,009$786.7K<0.1%+59,461+12.9%AddedHistory
Vanguard Information Technology ETF92204A702ETF1,066$795.9K<0.1%+222+26.3%Added–
Invesco Exch Traded FD Tr II46138E339S&P 500 MOMNTM6,606$799.7K<0.1%+6,606New–
GGGGraco IncCOM9,415$799.9K<0.1%+994+11.8%AddedHistory
Spinnaker ETF Series84858T772SELE STO EUR ETF17,067$801.6K<0.1%−13,732−44.6%Reduced–
CGCarlyle Group Inc.COM12,877$807.4K<0.1%+5,599+76.9%AddedHistory
IFFInternational Flavors & Fragrances IncCOM13,228$814.1K<0.1%+1,374+11.6%AddedHistory
FITBFifth Third BancorpCOM18,466$822.7K<0.1%+2,112+12.9%AddedHistory
ARRYArray Technologies, Inc.COM SHS101,602$828.1K<0.1%+101,602NewHistory
FCAPFirst Capital IncCOM18,268$836.7K<0.1%+1,126+6.6%AddedHistory
SWK Holdings Corp78501P203COM NEW57,552$837.4K<0.1%+480+0.8%Added–
HBBHamilton Beach Brands Holding CoCOM CL A58,364$838.7K<0.1%+6,564+12.7%AddedHistory
BBYBest Buy Co IncStock11,154$843.5K<0.1%−49,312−81.6%ReducedHistory
SLGNSilgan Holdings IncCOM19,620$843.9K<0.1%+19,620NewHistory
REPXRiley Exploration Permian, Inc.COM31,170$845.0K<0.1%+117+0.4%AddedHistory
GPKGraphic Packaging Holding CoCOM43,270$846.8K<0.1%−3,191−6.9%ReducedHistory
IRMIron Mountain IncCOM8,346$850.8K<0.1%+1,457+21.1%AddedHistory
NVRNVR IncCOM106$851.7K<0.1%−1,290−92.4%ReducedHistory
BLBlackline, Inc.COM16,063$852.9K<0.1%+10,338+180.6%AddedHistory
HALHalliburton CoStock34,747$854.8K<0.1%+4,139+13.5%AddedHistory
PFGPrincipal Financial Group IncCOM10,336$857.0K<0.1%−5,762−35.8%ReducedHistory
DTEDte Energy CoCOM6,067$858.1K<0.1%−4,368−41.9%ReducedHistory
DXCMDexcom IncCOM12,829$863.3K<0.1%+1,148+9.8%AddedHistory
CNCCentene CorpStock24,386$870.1K<0.1%−386,603−94.1%ReducedHistory
ATOAtmos Energy CorpCOM5,132$876.3K<0.1%+972+23.4%AddedHistory
FETForum Energy Technologies, Inc.COM33,136$885.1K<0.1%+5,373+19.4%AddedHistory
SBFGSB Financial Group, Inc.COM46,021$887.7K<0.1%+2,963+6.9%AddedHistory
YUMCYum China Holdings, Inc.COM20,784$892.0K<0.1%+20,784NewHistory
Schwab International Equity ETF808524805ETF38,342$892.6K<0.1%+38,342New–

Sold out since Q2 2025 (159)

Positions held at the end of Q2 2025 that are gone from this filing.

The largest 100 of 159 by value last quarter.

Positions of Empowered Funds, LLC sold out since Q2 2025
SecurityClassShares in Q2 2025Value in Q2 2025% of portfolio in Q2 2025History
iShares Tr46435G326CORE MSCI INTL1,313,439$99.9M1.1%–
American Centy ETF Tr025072802INTL SMCP VLU657,690$52.1M0.6%–
American Centy ETF Tr025072356REAL ESTATE ETF1,124,974$49.7M0.6%–
American Centy ETF Tr025072372EMERGING MKT VAL785,886$42.1M0.5%–
LNWOLight & Wonder, Inc.COM169,763$16.3M0.2%History
HESHess CorpStock84,485$11.7M0.1%History
JNPRJuniper Networks IncCOM245,457$9.80M0.1%History
SFMSprouts Farmers Market, Inc.COM57,783$9.51M0.1%History
SCCOSouthern Copper CorpStock83,690$8.47M0.1%History
DUOLDuolingo, Inc.CL A COM19,800$8.12M0.1%History
LNTHLantheus Holdings, Inc.Stock94,514$7.74M0.1%History
NXTNextpower Inc.Stock141,324$7.68M0.1%History
Golden Ocean Group LtdG39637205SHS NEW1,002,029$7.33M0.1%–
UNMUnum GroupStock86,665$7.00M0.1%History
PRMBPrimo Brands CorpCLASS A COM SHS223,392$6.62M0.1%History
DTMDT Midstream, Inc.COMMON STOCK59,827$6.58M0.1%History
CVLTCommvault Systems IncCOM37,258$6.50M0.1%History
CBZCBIZ, Inc.COM60,315$4.33M<0.1%History
IBITiShares Bitcoin Trust ETFETF62,930$3.85M<0.1%History
FBTCFidelity Wise Origin Bitcoin FundSHS40,980$3.85M<0.1%History
iShares Inc46434G848MSCI GBL ETF NEW98,579$3.71M<0.1%–
GESGuess IncCOM279,293$3.38M<0.1%History
VRNTVerint Systems IncCOM162,141$3.19M<0.1%History
iShares Tr464289180MSCI EURO FL ETF97,689$3.09M<0.1%–
LPXLouisiana-Pacific CorpCOM35,176$3.02M<0.1%History
PPBIPacific Premier Bancorp IncCOM134,944$2.85M<0.1%History
BRKLBrookline Bancorp IncCOM255,468$2.70M<0.1%History
AOSSmith A O CorpCOM38,761$2.54M<0.1%History
ROCKGibraltar Industries, Inc.COM42,606$2.51M<0.1%History
SPDR Series Trust78464A755ST STR SP METAL37,031$2.49M<0.1%–
Franklin Templeton ETF Tr35473P835FTSE BRAZIL137,426$2.47M<0.1%–
SHOOSteven Madden, Ltd.COM92,801$2.23M<0.1%History
RGLDRoyal Gold IncStock12,137$2.16M<0.1%History
EBTCEnterprise Bancorp IncCOM54,090$2.14M<0.1%History
Sprott FDS Tr85208P303URANIUM MINERS E44,258$2.12M<0.1%–
State Street SPDR S&P Aerospace & Defense ETF78464A631ETF10,056$2.12M<0.1%–
OPCHOption Care Health, Inc.COM NEW61,454$2.00M<0.1%History
MFCManulife Financial CorpCOM60,822$1.94M<0.1%History
iShares Tr46429B408MSCI PHILIPS ETF70,230$1.90M<0.1%–
iShares Tr46429B671MSCI CHINA ETF34,227$1.89M<0.1%–
SIGISelective Insurance Group IncCOM21,632$1.87M<0.1%History
PRIPrimerica, Inc.Stock6,695$1.83M<0.1%History
MZTIMarzetti CoCOM10,513$1.82M<0.1%History
RSReliance, Inc.COM5,699$1.79M<0.1%History
AFGAmerican Financial Group IncCOM14,171$1.79M<0.1%History
State Street Energy Select Sector SPDR ETF81369Y506ETF20,490$1.74M<0.1%–
CHKPCheck Point Software Technologies LtdORD7,645$1.69M<0.1%History
Dimensional ETF Trust25434V401US EQUI MARK ETF23,454$1.57M<0.1%–
HRLHormel Foods CorpCOM49,207$1.49M<0.1%History
State Street Materials Select Sector SPDR ETF81369Y100ETF16,902$1.48M<0.1%–
WBAWalgreens Boots Alliance, Inc.COM129,220$1.48M<0.1%History
State Street Utilities Select Sector SPDR ETF81369Y886ETF17,812$1.45M<0.1%–
Ea Series Trust02072L359021,169$1.41M<0.1%–
TTEKTetra Tech IncCOM39,240$1.41M<0.1%History
CHDNChurchill Downs IncCOM13,095$1.32M<0.1%History
CCBCoastal Financial CorpCOM NEW13,511$1.31M<0.1%History
Global X FDS37954Y491DAX GERMANY ETF28,787$1.29M<0.1%–
NICENICE Ltd.SPONSORED ADR5,785$977.1K<0.1%History
KFYKorn FerryCOM NEW13,174$966.0K<0.1%History
ESSAESSA Bancorp, Inc.COM49,495$960.2K<0.1%History
WMGWarner Music Group Corp.COM CL A33,912$923.8K<0.1%History
NSPInsperity, Inc.COM15,318$920.9K<0.1%History
CVSACovista Inc.COM6,992$889.6K<0.1%History
DAKTDaktronics IncCOM58,416$883.3K<0.1%History
SBGISinclair, Inc.CL A63,669$879.9K<0.1%History
PWODPenns Woods Bancorp IncCOM28,624$869.0K<0.1%History
FUNSix Flags Entertainment CorporationCOM27,799$845.9K<0.1%History
FOXFox CorpCL B COM15,386$794.4K<0.1%History
RHIRobert Half Inc.COM18,953$778.0K<0.1%History
OPOFOld Point Financial CorpCOM19,752$775.3K<0.1%History
iShares Tr464288760US AER DEF ETF4,020$758.3K<0.1%–
TDAYUSA TODAY Co., Inc.COM210,262$752.7K<0.1%History
Ea Series Trust02072L334ARK 21 SHARES AC26,929$713.8K<0.1%–
ANSSAnsys IncCOM2,024$710.9K<0.1%History
ADArray Digital Infrastructure, Inc.COM10,794$690.5K<0.1%History
China Automotive Systems Inc/216936R105COM164,805$672.4K<0.1%–
FBINFortune Brands Innovations, Inc.COM12,775$657.7K<0.1%History
LEN.BLennar CorpCL B6,161$648.4K<0.1%History
LBTYALiberty Global Ltd.COM CL A63,909$639.7K<0.1%History
TNLTravel & Leisure Co.COM11,454$591.1K<0.1%History
AYIAcuity Inc. (DE)Stock1,950$581.8K<0.1%History
GTLSChart Industries IncCOM3,468$571.0K<0.1%History
CNICanadian National Railway CoStock5,477$569.8K<0.1%History
VGVenture Global, Inc.COM CL A36,387$566.9K<0.1%History
Calamos ETF Tr12811T795S&P 500 STRUCTU22,685$562.7K<0.1%–
FLOFlowers Foods IncCOM32,098$512.9K<0.1%History
SLIStandard Lithium Ltd.COM261,429$512.4K<0.1%History
EXPEagle Materials IncCOM2,469$499.0K<0.1%History
BAPCredicorp LtdCOM2,138$477.9K<0.1%History
GRNTGranite Ridge Resources, Inc.COM74,607$475.2K<0.1%History
Global X FDS37954Y673US INFR DEV ETF10,835$472.2K<0.1%–
ALBAlbemarle CorpStock7,496$469.8K<0.1%History
iShares Inc464286343US PWR INFRA ETF18,955$449.5K<0.1%–
Invesco Nasdaq 100 ETF46138G649ETF1,972$447.8K<0.1%–
UHALU-Haul Holding CoCOM7,355$445.4K<0.1%History
DCIDonaldson Co IncStock6,180$428.6K<0.1%History
WOWWideOpenWest, Inc.COM105,470$428.2K<0.1%History
TREELendingTree, Inc.COM11,398$422.5K<0.1%History
STRSitio Royalties Corp.CLASS A COM22,907$421.0K<0.1%History
FORForestar Group Inc.COM20,579$411.6K<0.1%History