FEZ β€” SPDR INDEX SHS FDS

Ownership history in Empowered Funds, LLC  Β·  4 quarters on record

This page tracks every 13F SEC filing in which Empowered Funds, LLC reported a position in SPDR INDEX SHS FDS (FEZ). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
0.07% (2023 Q2)
πŸ“Š Avg. % of fund
0.04%
πŸ“… First filed
2023 Q2
πŸ“… Last filed
2025 Q3
⏱ Quarters held
4

Position Intelligence

Empowered Funds, LLC Γ— FEZ AI Analytics

πŸ“‰ Empowered Funds, LLC underperformed the S&P 500 by –12.6% annually on this FEZ position. Timing score: 67% (2/3 decisions correct). Average cost basis: $49.22. Maximum drawdown during holding period: –0.0%.

πŸ“ˆ Position Alpha vs SPY
-12.6%
annualised excess return

❌ Significantly underperformed the S&P 500 by 12.6% ann.
3 quarters analyzed

⏱️ Timing Score
67%

βœ… Decent timing β€” more right than wrong on entries and exits.
2 of 3 add/trim decisions correct

πŸ’° Entry Quality
$49.22
+25.0% vs current ($61.53)

Best entry: $43.09 (2023 Q2)  Β·  Worst: $61.53 (2025 Q3)

πŸ›‘οΈ Drawdown Resilience
–0.0%
max drawdown while held

πŸ’Ž No drawdown exceeding 20% during the holding period β€” exceptionally stable.

πŸ’ͺ Fund Conviction
75%
buy-side decisions

3 adds Β· 1 trim. πŸ‚ Consistently bullish β€” fund kept accumulating this position.

πŸ“‘ Position Trajectory
β†’ Stable
last 4–5 quarters trend

βš–οΈ Portfolio weight has remained relatively stable β€” conviction maintained.
Currently 0.02% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    FEZ price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 4 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q3 ADDED 37,271 +16,120 +76.2% 0.02% $2.3M $61.53
2025 Q2 REDUCED 21,151 -34,092 -61.7% 0.01% $1.3M $59.10
2025 Q1 ADDED 55,243 +14,385 +35.2% 0.04% $3.0M $52.85
2023 Q2 INITIATED 40,858 β€” β€” 0.07% $1.9M $43.09

🏒 Other funds also holding FEZ

As of 2025 Q4 β€” sorted by position size

Piedmont Capital Management, LLC 3Y 12.26% 1607 Capital Partners, LLC 3Y 7Y 11.8% SSA SWISS ADVISORS AG 3.0% Allie Family Office LLC 3Y 2.85% MATAURO, LLC 2.5% WASHINGTON GROWTH STRATEGIES LLC 2.33% Del-Sette Capital Management, LLC 3Y 2.27% Private Wealth Advisors, LLC 3Y 2.16% Bensler, LLC 3Y 2.16% Upper Left Wealth Management, LLC 3Y 1.89%
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