Q2 2026 13F · SEC CIK 1978885

Empower Advisory Group, LLC

Wealth managerFiled 2026-08-12 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $41.9B
Reported positions: 532
Top holdings a year, 3 yrs: +10.7%
Assets under management: $195.4B

Empower Advisory Group, LLC is a wealth manager that reported 532 positions worth $41.9B in its Q2 2026 13F, filed 2026-08-12. Its largest holdings were Schwab Strategic Tr (SCHF, 12.1%), Ishares Tr (IWM, 5.7%), Vanguard Intl Equity Index F (VWO, 5.1%). A portfolio copying its top holdings returned 10.7% a year over the last 3 years, against 20.4% for the S&P 500.

Empower Advisory Group, LLC holdings largest 50 of 532 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Empower Advisory Group, LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
SCHFSchwab Strategic Tr	12.1%	11.9%	182,562,625	-1.7%	$5.1B
IWMIshares Tr	5.7%	5.5%	7,928,734	-7.7%	$2.4B
VWOVanguard Intl Equity Index F	5.1%	5.0%	35,767,193	+0.7%	$2.1B
BSVVanguard Bd Index Fds	4.5%	4.6%	24,303,617	+7.8%	$1.9B
VNQVanguard Index Fds	4.0%	3.9%	17,590,235	+4.2%	$1.7B
VGITVanguard Scottsdale Fds	3.6%	3.6%	25,562,812	+8.3%	$1.5B
SCHPSchwab Strategic Tr	3.6%	3.7%	56,682,533	+6.7%	$1.5B
SCHASchwab Strategic Tr	3.2%	2.8%	37,697,754	+2.2%	$1.4B
USIGIshares Tr	2.7%	2.7%	21,938,094	+7.8%	$1.1B
VGLTVanguard Scottsdale Fds	2.2%	2.2%	16,920,030	+8.9%	$933.6M
VSSVanguard Intl Equity Index F	1.9%	1.9%	5,041,385	+0.9%	$777.8M
VNQIVanguard Intl Equity Index F	1.7%	1.7%	15,483,969	+6.3%	$694.5M
EBNDSpdr Series Trust	1.5%	1.5%	29,889,679	+8.1%	$625.3M
AAPLApple Inc	1.4%	1.4%	2,096,561	-0.3%	$606.7M
NVDANvidia Corporation	1.4%	1.3%	2,832,261	-2.0%	$566.7M
ESGDiShares ESG Aware MSCI EAFE ETF	1.3%	1.4%	5,431,650	-0.8%	$558.4M
SHYGIshares Tr	1.3%	1.3%	13,050,164	+7.9%	$553.5M
GLDMWorld Gold Tr	1.2%	1.4%	6,581,765	+10.6%	$522.7M
PDBCInvesco Actvely Mngd Etc Fd	1.2%	1.6%	32,745,235	-5.1%	$520.0M
VTIVanguard Index Fds	1.2%	1.1%	1,378,311	+5.9%	$510.0M
AMZNAmazon Com Inc	1.2%	1.2%	2,139,156	+0.5%	$509.8M
GOOGAlphabet Inc	1.2%	1.1%	1,429,431	+0.1%	$505.1M
BNDXVanguard Charlotte Fds	1.1%	1.1%	9,884,431	+12.7%	$478.7M
MSFTMicrosoft Corp	1.0%	1.1%	1,174,622	+4.8%	$438.2M
IAUIshares Gold Tr	0.9%	1.2%	5,237,754	-3.1%	$395.5M
METAMeta Platforms Inc	0.8%	0.8%	608,286	+8.7%	$342.6M
LLYEli Lilly & Co	0.8%	0.6%	268,075	+3.2%	$321.5M
WMTWalmart Inc	0.7%	0.9%	2,678,512	+0.4%	$303.4M
JPMJpmorgan Chase & Co	0.7%	0.7%	884,396	+2.0%	$289.5M
TSLATesla Inc	0.7%	0.6%	687,262	+3.9%	$289.1M
BRK-BBerkshire Hathaway Inc Del	0.7%	0.7%	553,421	+3.7%	$276.9M
ESGEiShares ESG Aware MSCI EM ETF	0.6%	0.6%	4,655,004	-10.9%	$254.6M
XOMExxon Mobil Corp	0.6%	0.8%	1,778,973	+1.4%	$243.2M
JNJJohnson & Johnson	0.5%	0.6%	905,317	+0.9%	$229.9M
MAMastercard Incorporated	0.5%	0.5%	439,850	+8.9%	$225.9M
UNHUnitedhealth Group Inc	0.5%	—	501,433	—	$208.4M
NEENextera Energy Inc	0.5%	0.5%	2,148,375	+1.9%	$188.6M
LINLinde PLC	0.4%	0.4%	351,687	+3.4%	$182.5M
CATCaterpillar Inc	0.4%	—	171,332	—	$182.5M
COSTCostco Wholesale Corporation	0.4%	0.5%	194,416	+2.6%	$181.9M
DUKDuke Energy Corp New	0.4%	0.5%	1,406,743	+3.5%	$178.1M
GEGe Aerospace	0.4%	—	475,630	—	$177.8M
IWBIshares Tr	0.4%	0.4%	430,492	-2.7%	$176.3M
PGProcter & Gamble Co	0.4%	0.4%	1,147,249	+8.0%	$168.2M
AVGOBroadcom Inc	0.4%	—	440,326	—	$166.3M
DASHDoordash Inc	0.4%	—	886,708	—	$163.6M
SOSouthern Co	0.4%	0.4%	1,634,931	+3.3%	$156.5M
DISDisney Walt Co	0.4%	0.4%	1,606,937	+5.1%	$154.7M
NUENucor Corp	0.4%	—	683,400	—	$152.2M
RSPInvesco Exchange Traded Fd T	0.4%	—	709,955	—	$151.1M

What Empower Advisory Group, LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

BNDX Vanguard Charlotte Fds+12.7% shares
GLDM World Gold Tr+10.6% shares
MA Mastercard Incorporated+8.9% shares
VGLT Vanguard Scottsdale Fds+8.9% shares
META Meta Platforms Inc+8.7% shares
VGIT Vanguard Scottsdale Fds+8.3% shares
EBND Spdr Series Trust+8.1% shares
PG Procter & Gamble Co+8.0% shares

Reduced

ESGE iShares ESG Aware MSCI EM ETF-10.9% shares
IWM Ishares Tr-7.7% shares
PDBC Invesco Actvely Mngd Etc Fd-5.1% shares

Left the top 50

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +13.2% /yr; S&P 500 +20.1%
3 years: +10.7% /yr; S&P 500 +20.4%
5 years: —

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F 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

Questions about Empower Advisory Group, LLC's portfolio

What stocks does Empower Advisory Group, LLC own?

Empower Advisory Group, LLC's latest 13F, for Q2 2026 and filed Aug 12, 2026, lists 532 positions worth $41.9B. The largest are Schwab Strategic Tr (SCHF) at 12.1%, Ishares Tr (IWM) at 5.7%, Vanguard Intl Equity Index F (VWO) at 5.1%, Vanguard Bd Index Fds (BSV) at 4.5% and Vanguard Index Fds (VNQ) at 4.0%.

What did Empower Advisory Group, LLC buy last quarter?

In Q2 2026, Empower Advisory Group, LLC added Vanguard Charlotte Fds (BNDX) (+12.7% shares), World Gold Tr (GLDM) (+10.6% shares) and Mastercard Incorporated (MA) (+8.9% shares), compared with its Q1 2026 filing.

What did Empower Advisory Group, LLC sell last quarter?

In Q2 2026, Empower Advisory Group, LLC cut from its top 50 Chevron Corporation (CVX), cut from its top 50 Netflix Inc. (NFLX), cut from its top 50 Ecolab Inc (ECL), cut from its top 50 Pfizer Inc (PFE), cut from its top 50 Spdr Series Trust (SPLG), iShares ESG Aware MSCI EM ETF (ESGE) (-10.9% shares), Ishares Tr (IWM) (-7.7% shares) and Invesco Actvely Mngd Etc Fd (PDBC) (-5.1% shares), compared with its Q1 2026 filing.

How has Empower Advisory Group, LLC's portfolio performed?

A portfolio copying Empower Advisory Group, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +10.7% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +13.2% against +20.1%.

When is Empower Advisory Group, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Empower Advisory Group, LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Empower Advisory Group, LLC manage?

Empower Advisory Group, LLC reported $195.4B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $41.9B.