Empire Management 13F annual report
Empire Management is an investment fund managing more than $299 billion ran by Gregg Zeoli. There are currently 181 companies in Mr. Zeoli’s portfolio. The largest investments include Microsoft and ETF Series Solutions, together worth $29.7 billion.
$299 billion Assets Under Management (AUM)
As of 6th August 2024, Empire Management’s top holding is 29,392 shares of Microsoft currently worth over $13.1 billion and making up 4.4% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Empire Management owns more than approximately 0.1% of the company.
In addition, the fund holds 434,083 shares of ETF Series Solutions worth $16.6 billion, whose value grew 2.6% in the past six months.
The third-largest holding is Apple Inc worth $9.98 billion and the next is Eli Lilly Co worth $8.61 billion, with 9,508 shares owned.
Currently, Empire Management's portfolio is worth at least $299 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Empire Management
The Empire Management office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Gregg Zeoli serves as the CEO at Empire Management.
Recent trades
In the most recent 13F filing, Empire Management revealed that it had opened a new position in
Abbott Laboratories and bought 38,491 shares worth $4 billion.
This means they effectively own approximately 0.1% of the company.
Abbott Laboratories makes up
15.7%
of the fund's Health Care sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Apple Inc by buying
1,190 additional shares.
This makes their stake in Apple Inc total 47,389 shares worth $9.98 billion.
Apple Inc dropped approximately 0.1% in the past year.
On the other hand, there are companies that Empire Management is getting rid of from its portfolio.
Empire Management closed its position in Tidal ETF Trust on 13th August 2024.
It sold the previously owned 159,191 shares for $3.48 billion.
Gregg Zeoli also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $13.1 billion and 29,392 shares.
One of the smaller hedge funds
The two most similar investment funds to Empire Management are Bruce & Co and O'keefe Stevens Advisory. They manage $299 billion and $299 billion respectively.
Gregg Zeoli investment strategy
Empire Management’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Miscellaneous — making up 12.8% of
the total portfolio value.
The fund focuses on investments in the United States as
60.2% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
57% of the total holdings value.
On the other hand, small-cap stocks make up only 6.6% of the portfolio.
The average market cap of the portfolio companies is close to $141 billion.
The complete list of Empire Management trades based on 13F SEC filings
These positions were updated on August 13th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Microsoft Corporation |
2.21%
29,392
|
$13,136,768,000 | 4.39% |
| ETF Series Solutions |
9.82%
434,083
|
$16,598,852,000 | 5.55% |
| Apple Inc |
2.58%
47,389
|
$9,981,138,000 | 3.34% |
| Eli Lilly Co |
0.13%
9,508
|
$8,608,672,000 | 2.88% |
| Jpmorgan Chase Co |
1.63%
39,385
|
$7,966,181,000 | 2.66% |
| Amazon.com Inc. |
1.03%
33,663
|
$6,505,374,000 | 2.17% |
| Litman Gregory Funds Trust |
9.99%
196,457
|
$5,905,508,000 | 1.97% |
| International Business |
14.82%
33,107
|
$5,726,010,000 | 1.91% |
| Alphabet Inc |
3.85%
30,533
|
$5,564,937,000 | 1.86% |
| Pacer Fds Tr |
1.07%
189,290
|
$6,677,707,000 | 2.23% |
| Abbott Laboratories |
Opened
38,491
|
$3,999,631,000 | 1.34% |
| Ea Ser Tr |
4.21%
146,201
|
$3,941,578,000 | 1.32% |
| Merck Co Inc |
12.87%
31,456
|
$3,894,345,000 | 1.30% |
| Home Depot, Inc. |
4.93%
11,305
|
$3,891,768,000 | 1.30% |
| Procter Gamble Co |
7.24%
22,424
|
$3,698,195,000 | 1.24% |
| American Express Co. |
0.22%
15,561
|
$3,603,205,000 | 1.20% |
| RTX Corp |
5.71%
35,764
|
$3,590,431,000 | 1.20% |
| Broadcom Inc |
1.70%
2,202
|
$3,536,152,000 | 1.18% |
| Constellation Energy |
2.79%
17,401
|
$3,484,898,000 | 1.17% |
| Tidal ETF Trust |
Closed
159,191
|
$3,476,523,000 | |
| Pacer Funds Trust |
0.59%
92,400
|
$3,390,156,000 | 1.13% |
| John Hancock Exchange Traded |
9.12%
99,375
|
$3,545,897,000 | 1.19% |
| Travelers Companies Inc. |
4.04%
16,014
|
$3,256,347,000 | 1.09% |
| Chevron Corp. |
4.09%
20,776
|
$3,249,867,000 | 1.09% |
| Harbor ETF Trust |
19.26%
139,516
|
$3,138,412,000 | 1.05% |
| Automatic Data Processing Inc. |
No change
13,031
|
$3,110,409,000 | 1.04% |
| Lockheed Martin Corp. |
3.27%
6,603
|
$3,084,388,000 | 1.03% |
| Public Service Enterprise |
No change
41,416
|
$3,052,416,000 | 1.02% |
| Pepsico Inc |
0.12%
17,150
|
$2,828,580,000 | 0.95% |
| NVIDIA Corp |
942.04%
22,581
|
$2,789,672,000 | 0.93% |
| Pfizer Inc. |
6.42%
94,304
|
$2,638,649,000 | 0.88% |
| Duke Energy Corp. |
23.07%
26,008
|
$2,606,829,000 | 0.87% |
| AMGEN Inc. |
9.55%
7,999
|
$2,499,287,000 | 0.84% |
| American Century ETF Trust |
4.00%
38,359
|
$2,491,417,000 | 0.83% |
| Bank Of America Corp. |
4.69%
60,948
|
$2,423,909,000 | 0.81% |
| Ishares Russell 2000 Etf |
291.95%
11,680
|
$2,369,755,000 | 0.79% |
| Texas Instruments Inc. |
11.93%
12,004
|
$2,335,279,000 | 0.78% |
| Vanguard Index Funds |
3.92%
9,892
|
$2,793,178,000 | 0.93% |
| NextEra Energy Inc |
2.88%
31,769
|
$2,249,562,000 | 0.75% |
| Johnson Johnson |
8.53%
15,150
|
$2,214,324,000 | 0.74% |
| Unitedhealth Group Inc |
3.36%
4,179
|
$2,128,197,000 | 0.71% |
| Hershey Company |
1.01%
11,353
|
$2,087,107,000 | 0.70% |
| Medtronic Plc |
0.57%
26,488
|
$2,084,936,000 | 0.70% |
| Exxon Mobil Corp. |
11.10%
18,098
|
$2,083,497,000 | 0.70% |
| Berkshire Hathaway Inc. |
1.81%
5,055
|
$2,056,374,000 | 0.69% |
| Abbvie Inc |
8.36%
11,970
|
$2,053,162,000 | 0.69% |
| Eaton Corporation plc |
1.34%
6,423
|
$2,013,973,000 | 0.67% |
| Honeywell International Inc |
1.86%
9,334
|
$1,993,182,000 | 0.67% |
| Exelon Corp. |
1.21%
57,311
|
$1,983,541,000 | 0.66% |
| J P Morgan Exchange Traded |
1.86%
68,718
|
$4,504,943,000 | 1.51% |
| Qualcomm, Inc. |
53.14%
9,692
|
$1,930,536,000 | 0.65% |
| KraneShares Trust |
11.24%
103,667
|
$1,918,879,000 | 0.64% |
| Norfolk Southern Corp. |
26.69%
8,635
|
$1,853,848,000 | 0.62% |
| Coca-Cola Co |
10.57%
28,418
|
$1,808,833,000 | 0.60% |
| Spdr Ser Tr |
8.74%
19,378
|
$1,796,534,000 | 0.60% |
| Paychex Inc. |
0.58%
14,226
|
$1,686,634,000 | 0.56% |
| Visa Inc |
1.56%
6,310
|
$1,656,349,000 | 0.55% |
| Blackrock Etf Trust Ii |
7.25%
31,318
|
$1,634,826,000 | 0.55% |
| Colgate-Palmolive Co. |
30.82%
16,836
|
$1,633,824,000 | 0.55% |
| J P Morgan Exchange-traded Fd |
15.98%
29,398
|
$1,631,589,000 | 0.55% |
| Oracle Corp. |
1.14%
11,402
|
$1,609,962,000 | 0.54% |
| Spdr Sp 500 Etf Trust |
3.23%
2,905
|
$1,581,011,000 | 0.53% |
| Novartis AG |
1.14%
14,828
|
$1,578,672,000 | 0.53% |
| MPLX LP |
No change
36,225
|
$1,542,822,000 | 0.52% |
| Emerson Electric Co. |
22.05%
13,542
|
$1,491,786,000 | 0.50% |
| Palo Alto Networks Inc |
19.53%
4,297
|
$1,456,725,000 | 0.49% |
| Goldman Sachs Group, Inc. |
5.95%
3,172
|
$1,434,759,000 | 0.48% |
| Asml Holding N V |
4.22%
1,236
|
$1,264,094,000 | 0.42% |
| Consolidated Edison, Inc. |
1.08%
13,720
|
$1,226,853,000 | 0.41% |
| Eog Res Inc |
30.93%
9,051
|
$1,139,249,000 | 0.38% |
| Autozone Inc. |
50.00%
378
|
$1,120,429,000 | 0.37% |
| Northrop Grumman Corp. |
16.67%
2,500
|
$1,089,875,000 | 0.36% |
| Smucker J M Company |
2.23%
9,853
|
$1,074,371,000 | 0.36% |
| Mondelez International Inc. |
11.53%
16,337
|
$1,069,104,000 | 0.36% |
| Thermo Fisher Scientific Inc. |
39.16%
1,926
|
$1,065,078,000 | 0.36% |
| Huntington Ingalls Industries Inc |
177.59%
4,322
|
$1,064,638,000 | 0.36% |
| Mastercard Incorporated |
49.29%
2,408
|
$1,062,313,000 | 0.36% |
| ETFis Series Trust I |
0.36%
50,435
|
$1,060,648,000 | 0.35% |
| The Southern Co. |
No change
13,667
|
$1,060,152,000 | 0.35% |
| Martin Marietta Materials, Inc. |
No change
1,887
|
$1,022,376,000 | 0.34% |
| Jabil Inc |
8.79%
9,365
|
$1,018,818,000 | 0.34% |
| Energy Transfer LP |
32.95%
60,525
|
$981,715,000 | 0.33% |
| GE Aerospace |
No change
6,152
|
$977,983,000 | 0.33% |
| Mcdonalds Corp |
3.11%
3,811
|
$971,218,000 | 0.32% |
| Conocophillips |
No change
8,423
|
$963,504,000 | 0.32% |
| Proshares Sp 500 Dividend |
No change
9,970
|
$958,443,000 | 0.32% |
| American International Group Inc |
No change
12,711
|
$943,734,000 | 0.32% |
| Kinder Morgan Inc |
Opened
47,400
|
$941,838,000 | 0.31% |
| Select Sector Spdr Trust |
4.97%
21,070
|
$2,215,794,000 | 0.74% |
| Astrazeneca plc |
No change
12,000
|
$935,880,000 | 0.31% |
| Resmed Inc. |
3.81%
4,874
|
$932,981,000 | 0.31% |
| DraftKings Inc. |
44.64%
24,300
|
$927,531,000 | 0.31% |
| GSK Plc |
48.69%
23,712
|
$912,912,000 | 0.31% |
| Crocs Inc |
7.00%
6,248
|
$911,833,000 | 0.30% |
| Dow Inc |
5.40%
16,889
|
$895,974,000 | 0.30% |
| Costco Wholesale Corp |
11.86%
1,040
|
$883,989,000 | 0.30% |
| Blackstone Inc |
No change
7,087
|
$877,462,000 | 0.29% |
| Cigna Group (The) |
10.75%
2,627
|
$868,407,000 | 0.29% |
| Verizon Communications Inc |
9.36%
20,456
|
$843,635,000 | 0.28% |
| Cisco Systems, Inc. |
5.92%
17,527
|
$832,707,000 | 0.28% |
| iShares Trust |
3.07%
12,358
|
$811,179,000 | 0.27% |
| General Mills, Inc. |
No change
12,500
|
$790,784,000 | 0.26% |
| Att Inc |
3.68%
40,433
|
$772,686,000 | 0.26% |
| Diageo Plc-sponsored Adr |
1.44%
5,898
|
$743,619,000 | 0.25% |
| Applied Materials Inc. |
1.24%
3,102
|
$732,054,000 | 0.24% |
| Rockwell Automation Inc |
Closed
2,500
|
$728,325,000 | |
| Berkley W R Corporation |
13.45%
9,200
|
$722,936,000 | 0.24% |
| HP Inc |
Opened
20,098
|
$703,849,000 | 0.24% |
| Chubb Ltd |
3.80%
2,735
|
$697,724,000 | 0.23% |
| Morgan Stanley |
4.76%
6,849
|
$665,654,000 | 0.22% |
| Walmart Inc |
No change
9,797
|
$663,354,000 | 0.22% |
| NEOS ETF Trust |
15.22%
13,325
|
$663,052,000 | 0.22% |
| Codexis Inc. |
13.30%
212,952
|
$660,151,000 | 0.22% |
| American Electric Power Company Inc. |
No change
7,475
|
$655,920,000 | 0.22% |
| Ishares Russell 1000 Value Etf |
2.08%
3,758
|
$655,658,000 | 0.22% |
| CSX Corp. |
No change
19,526
|
$653,144,000 | 0.22% |
| Brookfield Infrastructure Corporation |
3.50%
23,650
|
$648,956,000 | 0.22% |
| Bristol-Myers Squibb Co. |
Closed
11,940
|
$647,545,000 | |
| Ishares Russell 1000 Growth |
4.12%
1,747
|
$636,798,000 | 0.21% |
| Cummins Inc. |
3.39%
2,288
|
$633,615,000 | 0.21% |
| Goldman Sachs ETF Trust |
0.41%
5,856
|
$626,299,000 | 0.21% |
| Dominion Energy Inc |
Opened
12,454
|
$610,272,000 | 0.20% |
| Cardinal Health, Inc. |
No change
6,167
|
$606,358,000 | 0.20% |
| PPG Industries, Inc. |
No change
4,800
|
$604,272,000 | 0.20% |
| Becton Dickinson Co |
64.09%
2,504
|
$585,216,000 | 0.20% |
| Tesla Inc |
Opened
2,915
|
$576,820,000 | 0.19% |
| Fidelity National Financial Inc |
37.50%
11,000
|
$543,620,000 | 0.18% |
| Union Pacific Corp. |
No change
2,392
|
$541,220,000 | 0.18% |
| Meta Platforms Inc |
11.10%
1,061
|
$534,977,000 | 0.18% |
| Yum Brands Inc. |
No change
4,009
|
$531,065,000 | 0.18% |
| Dell Technologies Inc |
Opened
3,800
|
$524,058,000 | 0.18% |
| Kimberly-Clark Corp. |
Opened
3,779
|
$522,257,000 | 0.17% |
| Alps Etf Trust |
No change
10,800
|
$518,184,000 | 0.17% |
| General Dynamics Corp. |
24.42%
1,783
|
$517,319,000 | 0.17% |
| KeyCorp |
7.69%
36,026
|
$511,937,000 | 0.17% |
| Quest Diagnostics, Inc. |
16.89%
3,711
|
$507,961,000 | 0.17% |
| Invitation Homes Inc |
Opened
13,796
|
$495,138,000 | 0.17% |
| Crown Castle Inc |
Closed
4,677
|
$494,966,000 | |
| Phillips 66 |
No change
3,446
|
$486,550,000 | 0.16% |
| Starbucks Corp. |
No change
6,042
|
$470,417,000 | 0.16% |
| Ishares Tr |
16.08%
8,675
|
$827,405,000 | 0.28% |
| Alliant Energy Corporation |
No change
9,000
|
$458,144,000 | 0.15% |
| Rigel Pharmaceuticals |
Closed
304,500
|
$450,660,000 | |
| Mgic Investment Corp-wisc |
No change
20,275
|
$436,940,000 | 0.15% |
| Stanley Black Decker Inc |
1.37%
5,398
|
$431,246,000 | 0.14% |
| Boston Properties Inc |
Opened
7,000
|
$430,920,000 | 0.14% |
| Kraft Heinz Company (the) |
No change
13,126
|
$422,927,000 | 0.14% |
| DuPont de Nemours Inc |
61.88%
5,232
|
$421,169,000 | 0.14% |
| Uber Technologies Inc |
47.62%
5,500
|
$399,740,000 | 0.13% |
| Ge Healthcare Technologies Inc |
Closed
4,384
|
$398,549,000 | |
| Occidental Pete Corp |
1.66%
6,133
|
$386,590,000 | 0.13% |
| Campbell Soup Co. |
0.01%
8,497
|
$384,018,000 | 0.13% |
| Axogen Inc. |
No change
52,500
|
$380,100,000 | 0.13% |
| Biocryst Pharmaceuticals Inc. |
25.32%
59,000
|
$364,620,000 | 0.12% |
| Marathon Pete Corp |
Closed
1,800
|
$362,700,000 | |
| Target Corp |
5.01%
2,389
|
$353,667,000 | 0.12% |
| Global X Fds |
Closed
19,000
|
$340,290,000 | |
| Allstate Corp (The) |
No change
2,113
|
$337,400,000 | 0.11% |
| Ishares Silver Shares |
16.45%
12,693
|
$337,253,000 | 0.11% |
| Corning, Inc. |
Closed
10,076
|
$332,125,000 | |
| Flexshares Tr |
1.24%
3,583
|
$578,022,000 | 0.19% |
| GitLab Inc. |
Closed
5,500
|
$320,760,000 | |
| Broadridge Financial Solutions, Inc. |
No change
1,624
|
$320,067,000 | 0.11% |
| Deere Co |
52.90%
835
|
$311,981,000 | 0.10% |
| CVS Health Corp |
32.44%
5,276
|
$311,658,000 | 0.10% |
| Unilever plc |
22.00%
5,546
|
$304,975,000 | 0.10% |
| Sabra Health Care Reit Inc |
28.86%
19,721
|
$303,705,000 | 0.10% |
| PPL Corp |
No change
10,734
|
$296,811,000 | 0.10% |
| Blackrock Etf Tr Ii |
Opened
5,684
|
$295,226,000 | 0.10% |
| Teva Pharmaceutical |
No change
18,000
|
$292,500,000 | 0.10% |
| Bp P L C Sponsored Adr |
No change
8,037
|
$290,159,000 | 0.10% |
| Intel Corp. |
6.68%
9,298
|
$287,966,000 | 0.10% |
| Eversource Energy |
No change
5,057
|
$286,806,000 | 0.10% |
| Novo Nordisk A/s-adr |
No change
1,960
|
$279,770,000 | 0.09% |
| Flexshares |
26.33%
12,845
|
$279,121,000 | 0.09% |
| Edwards Lifesciences Corp |
No change
3,000
|
$277,110,000 | 0.09% |
| Flexshares Tr |
Closed
4,178
|
$275,371,000 | |
| Vanda Pharmaceuticals Inc |
Closed
65,000
|
$267,150,000 | |
| Ge Vernova Llc |
Opened
1,538
|
$263,782,000 | 0.09% |
| Sempra |
No change
3,444
|
$261,950,000 | 0.09% |
| Aquestive Therapeutics Inc |
Closed
60,000
|
$255,600,000 | |
| Ishares Russell 3000 Etf |
12.69%
817
|
$252,183,000 | 0.08% |
| Spdr Ser Tr |
Closed
5,000
|
$251,400,000 | |
| Global X Funds |
No change
8,027
|
$248,993,000 | 0.08% |
| Baxter International Inc. |
No change
7,407
|
$247,797,000 | 0.08% |
| Quanterix Corp |
No change
18,750
|
$247,687,000 | 0.08% |
| ProShares Trust |
Closed
2,979
|
$234,030,000 | |
| Huntsman Corp |
No change
10,164
|
$231,448,000 | 0.08% |
| COMPASS Pathways plc |
Closed
27,500
|
$228,800,000 | |
| Gilead Sciences, Inc. |
No change
3,200
|
$219,552,000 | 0.07% |
| Schwab Strategic Tr |
Opened
2,792
|
$217,105,000 | 0.07% |
| MercadoLibre Inc |
Opened
131
|
$215,285,000 | 0.07% |
| Ishares Core Sp 500 Etf |
1.03%
393
|
$215,061,000 | 0.07% |
| Enbridge Inc |
No change
6,041
|
$214,999,000 | 0.07% |
| SJW Group |
No change
3,955
|
$214,493,000 | 0.07% |
| Boeing Co. |
86.10%
1,170
|
$212,951,000 | 0.07% |
| SLM Corp. |
No change
10,077
|
$209,519,000 | 0.07% |
| KORU Medical Systems Inc |
Closed
87,000
|
$205,320,000 | |
| Us Bancorp Del |
Closed
4,576
|
$204,547,000 | |
| Cooper Companies, Inc. |
Closed
2,000
|
$202,920,000 | |
| No transactions found | |||
| Showing first 500 out of 200 holdings | |||
Hedge funds similar to Empire Management
- New Harbor
- Hill Island Financial
- Decheng Capital Management Iii (cayman)
- Morgan Dempsey Capital Management
- Atlantic Edge Private Wealth Management
- O'keefe Stevens Advisory
- Bruce & Co
- Bank Pictet & Cie (asia) Ltd
- Mandatum Life Insurance Co Ltd
- Rocky Mountain Advisers
- Sands Capital Ventures
- Security Advisor
- Curran Partners
- Decisionpoint