Empirical Finance, LLC TX — TERNIUM SA

Ownership history in Empirical Finance, LLC  ·  4 quarters on record

AI Ownership Summary

Empirical Finance, LLC reported TERNIUM SA (TX) in 4 quarterly 13F filings from 2025 Q2 through 2026 Q1. Peak portfolio weight reached 0.3% in 2026 Q1. The latest visible filing shows TX at 0.30% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings.

What this TX ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was Empirical Finance, LLC's position in TERNIUM SA, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2026 Q1

TX was reported at 0.30% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
0.3% in 2026 Q1

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2025 Q2 to 2026 Q1

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

TX stock page Empirical Finance, LLC fund profile Empirical Finance, LLC full holdings
How Empirical Finance, LLC held TX — position size vs. price
% of Fund (quarterly)    TX price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 4 quarters  ▾
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2026 Q1 ADDED — — — 161,171 +66,042 +69.4% 0.30% $6.5M 2026-05-14 $44.17
2025 Q4 ADDED — — — 95,129 +8,630 +10.0% 0.17% $3.6M 2026-02-12 $43.43
2025 Q3 ADDED — — — 86,499 +25,068 +40.8% 0.14% $3.0M 2025-11-13 $35.28
2025 Q2 INITIATED — — — 61,431 — — 0.10% $1.8M 2025-08-11 $30.85

🏢 Other funds also holding TX

As of 2026 Q1 — sorted by position size

CONTRARIAN CAPITAL MANAGEMENT, L.L.C. 3Y 7Y 11.17% Cape Ann Asset Management Ltd 3Y 9.74% Oaktree Fund Advisors, LLC 3Y 2.69% DONALD SMITH & CO., INC. 3Y 7Y 2.64% Ninety One North America, Inc. 3Y 7Y 1.08% LAZARD ASSET MANAGEMENT LLC 3Y 7Y 0.42% OAKTREE CAPITAL MANAGEMENT LP 3Y 7Y 0.37% Militia Capital Management LLC 0.34% Westwood Global Investments, LLC 3Y 7Y 0.27% Oldfield Partners LLP 3Y 7Y 0.23%

FAQ About Empirical Finance, LLC and TX

These are the practical questions this page is built to answer before you even open the full history table.

How long has Empirical Finance, LLC reported owning TX?

Empirical Finance, LLC reported TX across 4 quarterly 13F filings, from 2025 Q2 through 2026 Q1.

What was the largest reported TX position in Empirical Finance, LLC's portfolio?

The largest reported portfolio weight for TX was 0.30% in 2026 Q1.

What is the latest reported TX position on this page?

The most recent filing on this page is 2026 Q1, when Empirical Finance, LLC reported 161,171 shares, equal to 0.30% of portfolio, with an estimated market value of $6.5M.

What does the chart on this TX ownership page compare?

The chart compares Empirical Finance, LLC's quarterly TX portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

How well did Empirical Finance, LLC time their TX position?

Based on 13F filing dates vs. subsequent TX price moves, Empirical Finance, LLC correctly timed 3 out of 3 reported position changes (100%). The annualised alpha on TX relative to SPY over the holding period was +28.2%.

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