# Empower Advisory Group, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1978885. Source: https://holderbook.com/funds/1978885-empower-advisory-group-llc/

- Reported value: $41.9B
- Positions: 532
- Weight of the ten largest: 46.7%
- Filed: 2026-08-12

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $5.1B | 182,562,625 | 12.1% | 14 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $2.4B | 7,928,734 | 5.7% | 14 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $2.1B | 35,767,193 | 5.1% | 14 |
| VANGUARD BD INDEX FDS | [BSV](https://holderbook.com/stocks/BSV/) | $1.9B | 24,303,617 | 4.5% | 14 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $1.7B | 17,590,235 | 4.0% | 14 |
| VANGUARD SCOTTSDALE FDS | [VGIT](https://holderbook.com/stocks/VGIT/) | $1.5B | 25,562,812 | 3.6% | 14 |
| SCHWAB STRATEGIC TR | [SCHP](https://holderbook.com/stocks/SCHP/) | $1.5B | 56,682,533 | 3.6% | 14 |
| SCHWAB STRATEGIC TR | [SCHA](https://holderbook.com/stocks/SCHA/) | $1.4B | 37,697,754 | 3.2% | 14 |
| ISHARES TR | [USIG](https://holderbook.com/stocks/USIG/) | $1.1B | 21,938,094 | 2.7% | 14 |
| VANGUARD SCOTTSDALE FDS | [VGLT](https://holderbook.com/stocks/VGLT/) | $933.6M | 16,920,030 | 2.2% | 11 |
| VANGUARD INTL EQUITY INDEX F | [VSS](https://holderbook.com/stocks/VSS/) | $777.8M | 5,041,385 | 1.9% | 14 |
| VANGUARD INTL EQUITY INDEX F | [VNQI](https://holderbook.com/stocks/VNQI/) | $694.5M | 15,483,969 | 1.7% | 14 |
| SPDR SERIES TRUST | [EBND](https://holderbook.com/stocks/EBND/) | $625.3M | 29,889,679 | 1.5% | 14 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $606.7M | 2,096,561 | 1.4% | 14 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $566.7M | 2,832,261 | 1.4% | 14 |
| ISHARES TR | [ESGD](https://holderbook.com/stocks/ESGD/) | $558.4M | 5,431,650 | 1.3% | 14 |
| ISHARES TR | [SHYG](https://holderbook.com/stocks/SHYG/) | $553.5M | 13,050,164 | 1.3% | 14 |
| WORLD GOLD TR | [GLDM](https://holderbook.com/stocks/GLDM/) | $522.7M | 6,581,765 | 1.2% | 5 |
| INVESCO ACTVELY MNGD ETC FD | [PDBC](https://holderbook.com/stocks/PDBC/) | $520.0M | 32,745,235 | 1.2% | 14 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $510.0M | 1,378,311 | 1.2% | 14 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $509.8M | 2,139,156 | 1.2% | 14 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $505.1M | 1,429,431 | 1.2% | 14 |
| VANGUARD CHARLOTTE FDS | [BNDX](https://holderbook.com/stocks/BNDX/) | $478.7M | 9,884,431 | 1.1% | 14 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $438.2M | 1,174,622 | 1.0% | 14 |
| ISHARES GOLD TR | [IAU](https://holderbook.com/stocks/IAU/) | $395.5M | 5,237,754 | 0.9% | 14 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $342.6M | 608,286 | 0.8% | 14 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $321.5M | 268,075 | 0.8% | 14 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $303.4M | 2,678,512 | 0.7% | 14 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $289.5M | 884,396 | 0.7% | 14 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $289.1M | 687,262 | 0.7% | 14 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $276.9M | 553,421 | 0.7% | 14 |
| ISHARES INC | [ESGE](https://holderbook.com/stocks/ESGE/) | $254.6M | 4,655,004 | 0.6% | 14 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $243.2M | 1,778,973 | 0.6% | 14 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $229.9M | 905,317 | 0.5% | 14 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $225.9M | 439,850 | 0.5% | 14 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $208.4M | 501,433 | 0.5% | 14 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $188.6M | 2,148,375 | 0.4% | 14 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $182.5M | 351,687 | 0.4% | 12 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $182.5M | 171,332 | 0.4% | 14 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $181.9M | 194,416 | 0.4% | 14 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $178.1M | 1,406,743 | 0.4% | 14 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $177.8M | 475,630 | 0.4% | 14 |
| ISHARES TR | [IWB](https://holderbook.com/stocks/IWB/) | $176.3M | 430,492 | 0.4% | 14 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $168.2M | 1,147,249 | 0.4% | 14 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $166.3M | 440,326 | 0.4% | 14 |
| DOORDASH INC | [DASH](https://holderbook.com/stocks/DASH/) | $163.6M | 886,708 | 0.4% | 9 |
| SOUTHERN CO | [SO](https://holderbook.com/stocks/SO/) | $156.5M | 1,634,931 | 0.4% | 14 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $154.7M | 1,606,937 | 0.4% | 14 |
| NUCOR CORP | [NUE](https://holderbook.com/stocks/NUE/) | $152.2M | 683,400 | 0.4% | 14 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $151.1M | 709,955 | 0.4% | 14 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $148.1M | 893,452 | 0.4% | 14 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $147.6M | 418,548 | 0.4% | 14 |
| ECOLAB INC | [ECL](https://holderbook.com/stocks/ECL/) | $140.1M | 502,698 | 0.3% | 14 |
| MONSTER BEVERAGE CORP NEW | [MNST](https://holderbook.com/stocks/MNST/) | $139.7M | 1,453,855 | 0.3% | 14 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $137.4M | 1,924,471 | 0.3% | 14 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $135.6M | 1,452,242 | 0.3% | 14 |
| SOUTHERN COPPER CORP | [SCCO](https://holderbook.com/stocks/SCCO/) | $132.7M | 761,440 | 0.3% | 14 |
| ARCHER DANIELS MIDLAND CO | [ADM](https://holderbook.com/stocks/ADM/) | $131.3M | 1,718,328 | 0.3% | 14 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $128.4M | 1,256,740 | 0.3% | 14 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $127.7M | 507,376 | 0.3% | 14 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $126.6M | 349,667 | 0.3% | 14 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $124.7M | 1,159,700 | 0.3% | 14 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $120.9M | 883,476 | 0.3% | 14 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $120.6M | 1,483,851 | 0.3% | 14 |
| DOLLAR TREE INC | [DLTR](https://holderbook.com/stocks/DLTR/) | $120.6M | 996,913 | 0.3% | 14 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $118.3M | 403,505 | 0.3% | 14 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $116.6M | 1,121,787 | 0.3% | 14 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $116.3M | 4,830,581 | 0.3% | 14 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $115.3M | 2,023,849 | 0.3% | 14 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $115.1M | 516,221 | 0.3% | 14 |
| CONSTELLATION ENERGY CORP | [CEG](https://holderbook.com/stocks/CEG/) | $113.3M | 456,220 | 0.3% | 10 |
| FREEPORT-MCMORAN INC | [FCX](https://holderbook.com/stocks/FCX/) | $107.9M | 1,716,132 | 0.3% | 14 |
| PROGRESSIVE CORP | [PGR](https://holderbook.com/stocks/PGR/) | $107.7M | 493,071 | 0.3% | 10 |
| SEMPRA | [SRE](https://holderbook.com/stocks/SRE/) | $106.3M | 1,146,724 | 0.3% | 14 |
| ILLINOIS TOOL WKS INC | [ITW](https://holderbook.com/stocks/ITW/) | $105.8M | 391,313 | 0.3% | 14 |
| SPDR SERIES TRUST | [SPYM](https://holderbook.com/stocks/SPYM/) | $101.2M | 1,151,797 | 0.2% | 11 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $101.1M | 99,927 | 0.2% | 14 |
| VULCAN MATLS CO | [VMC](https://holderbook.com/stocks/VMC/) | $100.9M | 341,908 | 0.2% | 14 |
| VALERO ENERGY CORP | [VLO](https://holderbook.com/stocks/VLO/) | $100.0M | 383,974 | 0.2% | 14 |
| SHERWIN WILLIAMS CO | [SHW](https://holderbook.com/stocks/SHW/) | $99.8M | 289,805 | 0.2% | 14 |
| PPL CORP | [PPL](https://holderbook.com/stocks/PPL/) | $99.2M | 2,727,832 | 0.2% | 14 |
| L3HARRIS TECHNOLOGIES INC | [LHX](https://holderbook.com/stocks/LHX/) | $98.8M | 340,136 | 0.2% | 14 |
| FORTINET INC | [FTNT](https://holderbook.com/stocks/FTNT/) | $97.6M | 635,048 | 0.2% | 14 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $96.8M | 2,286,352 | 0.2% | 14 |
| INTERACTIVE BROKERS GROUP IN | [IBKR](https://holderbook.com/stocks/IBKR/) | $96.8M | 1,111,873 | 0.2% | 14 |
| SYSCO CORP | [SYY](https://holderbook.com/stocks/SYY/) | $96.6M | 1,156,132 | 0.2% | 14 |
| PINNACLE WEST CAP CORP | [PNW](https://holderbook.com/stocks/PNW/) | $96.5M | 901,686 | 0.2% | 14 |
| CHIPOTLE MEXICAN GRILL INC | [CMG](https://holderbook.com/stocks/CMG/) | $95.8M | 2,818,363 | 0.2% | 14 |
| TARGET CORP | [TGT](https://holderbook.com/stocks/TGT/) | $95.1M | 728,102 | 0.2% | 14 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $94.3M | 497,192 | 0.2% | 14 |
| MASCO CORP | [MAS](https://holderbook.com/stocks/MAS/) | $94.3M | 1,159,225 | 0.2% | 14 |
| EVERSOURCE ENERGY | [ES](https://holderbook.com/stocks/ES/) | $94.1M | 1,301,909 | 0.2% | 14 |
| EVERGY INC | [EVRG](https://holderbook.com/stocks/EVRG/) | $93.5M | 1,082,040 | 0.2% | 14 |
| KINDER MORGAN INC DEL | [KMI](https://holderbook.com/stocks/KMI/) | $92.1M | 2,880,841 | 0.2% | 14 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $84.8M | 934,540 | 0.2% | 14 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $84.4M | 3,436,733 | 0.2% | 14 |
| ISHARES TR | [ESGU](https://holderbook.com/stocks/ESGU/) | $83.5M | 510,183 | 0.2% | 14 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $83.4M | 385,384 | 0.2% | 14 |
| VANGUARD WORLD FD | [VAW](https://holderbook.com/stocks/VAW/) | $83.2M | 363,505 | 0.2% | 14 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $83.0M | 612,908 | 0.2% | 14 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +6.5% | +14.8% | -8.3% | 100% |
| Q1 2026 | +0.9% | -4.6% | +5.6% | 100% |
| Q4 2025 | +1.0% | +2.4% | -1.3% | 100% |
| Q3 2025 | +5.6% | +7.8% | -2.2% | 100% |
| Q2 2025 | +5.9% | +10.5% | -4.5% | 100% |
| Q1 2025 | +0.3% | -4.6% | +4.9% | 100% |
| Q4 2024 | -3.2% | +2.1% | -5.4% | 100% |
| Q3 2024 | +7.1% | +5.4% | +1.7% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $41.9B | 532 |
| Q1 2026 | $38.5B | 510 |
| Q4 2025 | $37.0B | 501 |
| Q3 2025 | $36.1B | 528 |
| Q2 2025 | $33.4B | 497 |
| Q1 2025 | $30.6B | 495 |
| Q4 2024 | $29.7B | 498 |
| Q3 2024 | $29.6B | 502 |
| Q2 2024 | $26.9B | 490 |
| Q1 2024 | $26.7B | 495 |
| Q4 2023 | $25.4B | 475 |
| Q3 2023 | $22.6B | 459 |