Empowered Funds, LLC Buys VanEck Vectors Semiconductor ETF, PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fun, VanEck Vectors Fallen Angel High Yield Bond ETF, Sells ARK Innovation ETF, iShares U.S. Credit Bond ETF, BTC iShares iBoxx USD Investment Grade

• New Purchases: SMH, LTPZ, ANGL, HYLB, AIA, SLV, EES, IWN, IPAC, GLD, ASHR, GDXJ, IRBT, ICLN, SCHA, PSI, EZU, JNK, SJNK, AJRD, VST, DKS, NXST, PACB, DISH, TGTX, MOH, BERY, CIEN, DVA, KR, UNH, SJM, NOC, SEE, SCI, LOW, MAS, TAP, DGX, MUSA, FATE, THO, UGI, WERN, SFM, BJ, KBH, MTH, WHR, EBAY, BC, REGI, LGIH, BIG, WSM, CRWD, PTON, ZS, TWST, CDNA, CHGG, ETSY, Z, EXPI, RARE, XSD, SAM, MSFT, MPWR, SEDG, PRPL, VBR, SPWR, KOD, RGEN, WST, BGS, SQ, NOVA, NET, DDOG, VEEV, PINS, CARR, GDOT, MRTX, TXG, NVAX, EWW, INDA, IJK, SCHE, EWA, SMDV, ZM, DIS, EPD, GNR, JPM, TDG, EWZ, SCHC, FCX, PCG, BHP, RIO, SLB, COP, XOM, VMC, TMUS, CVX, CCK, MLM, MA, V, NEE, AEP, AON, FIS, TRP, X,
• Added Positions: QQQ, QDEL, FSLY, HZNP, RUN, NVDA, DOCU, BIIB, LMT, BBY, KNSL,
• Reduced Positions: ARKW, IVAL, QVAL, PENN, IMOM, UTHR, URI, APPS, TTD, ANTM, CVS, MCK, CSCO, NUS, TSLA, QRTEA, ZG, INTC, AMZN, PHM, GSHD,
• Sold Out: ARKK, USIG, LQD, VOOG, IWY, MGK, SNX, DHI, LEN, STX, ALXN, HRB, NSP, MAN, HBI, FIX, SANM, RHI, NSIT, ALSN, GILD, TKR, HPQ, AYI, USNA, UHS, RS, EME, WU, HCA, MO, DKNG, FVRR, LPRO, BL, DOOR, ENPH, KRNT, CVNA, ATRC, SWKS, RDFN, MED, AMED, GLOB, NEM, MSCI, DXCM, AMD, RPAY, LRCX, AAPL, VICR, ODFL, FIZZ, CDLX, SPLK, FTNT, MELI, LULU, COUP, TWOU, EBS, PZZA, SPYG,

For the details of Empowered Funds, LLC's stock buys and sells, go to https://www.gurufocus.com/guru/empowered+funds%2C+llc/current-portfolio/portfolio

1. VanEck Vectors Semiconductor ETF (SMH) - 170,910 shares, 7.36% of the total portfolio. New Position
2. PowerShares QQQ Trust Ser 1 (QQQ) - 55,327 shares, 3.42% of the total portfolio. Shares added by 109.03%
3. Alpha Architect International Quantitative Momentu (IMOM) - 490,181 shares, 3.33% of the total portfolio. Shares reduced by 8.95%
4. PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fun (LTPZ) - 181,173 shares, 3.16% of the total portfolio. New Position
5. VanEck Vectors Fallen Angel High Yield Bond ETF (ANGL) - 486,608 shares, 3.08% of the total portfolio. New Position

Empowered Funds, LLC initiated holding in VanEck Vectors Semiconductor ETF. The purchase prices were between $173.15 and $220.93, with an estimated average price of $198.88. The stock is now traded at around $237.140000. The impact to a portfolio due to this purchase was 7.36%. The holding were 170,910 shares as of 2020-12-31.

Empowered Funds, LLC initiated holding in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fun. The purchase prices were between $84.4 and $88.62, with an estimated average price of $86.95. The stock is now traded at around $87.120000. The impact to a portfolio due to this purchase was 3.16%. The holding were 181,173 shares as of 2020-12-31.

Empowered Funds, LLC initiated holding in VanEck Vectors Fallen Angel High Yield Bond ETF. The purchase prices were between $29.3 and $32.1, with an estimated average price of $30.7. The stock is now traded at around $32.110000. The impact to a portfolio due to this purchase was 3.08%. The holding were 486,608 shares as of 2020-12-31.

Empowered Funds, LLC initiated holding in Xtrackers USD High Yield Corporate Bond ETF. The purchase prices were between $47.86 and $50.09, with an estimated average price of $49.15. The stock is now traded at around $49.995000. The impact to a portfolio due to this purchase was 3.05%. The holding were 309,138 shares as of 2020-12-31.

Empowered Funds, LLC initiated holding in iShares Asia 50 ETF. The purchase prices were between $71.82 and $87.17, with an estimated average price of $80.1. The stock is now traded at around $98.099000. The impact to a portfolio due to this purchase was 2.41%. The holding were 140,020 shares as of 2020-12-31.

Empowered Funds, LLC initiated holding in BTC iShares Silver Trust. The purchase prices were between $21.05 and $24.76, with an estimated average price of $22.76. The stock is now traded at around $24.585000. The impact to a portfolio due to this purchase was 2.4%. The holding were 495,866 shares as of 2020-12-31.

Empowered Funds, LLC added to a holding in PowerShares QQQ Trust Ser 1 by 109.03%. The purchase prices were between $269.38 and $313.74, with an estimated average price of $294.04. The stock is now traded at around $328.110000. The impact to a portfolio due to this purchase was 1.78%. The holding were 55,327 shares as of 2020-12-31.

Empowered Funds, LLC added to a holding in Quidel Corp by 43.29%. The purchase prices were between $174.44 and $283.45, with an estimated average price of $221.18. The stock is now traded at around $243.200000. The impact to a portfolio due to this purchase was 0.1%. The holding were 9,182 shares as of 2020-12-31.

Empowered Funds, LLC added to a holding in Fastly Inc by 27.92%. The purchase prices were between $63.51 and $128.83, with an estimated average price of $88.08. The stock is now traded at around $106.940000. The impact to a portfolio due to this purchase was 0.08%. The holding were 20,230 shares as of 2020-12-31.

Empowered Funds, LLC added to a holding in Horizon Therapeutics PLC by 24.51%. The purchase prices were between $67 and $84.39, with an estimated average price of $74.07. The stock is now traded at around $83.480000. The impact to a portfolio due to this purchase was 0.07%. The holding were 24,558 shares as of 2020-12-31.

Empowered Funds, LLC sold out a holding in ARK Innovation ETF. The sale prices were between $89.36 and $132.92, with an estimated average price of $107.01.

Empowered Funds, LLC sold out a holding in iShares U.S. Credit Bond ETF. The sale prices were between $60.4 and $62.05, with an estimated average price of $61.26.

Empowered Funds, LLC sold out a holding in BTC iShares iBoxx USD Investment Grade Corporate B. The sale prices were between $133.73 and $138.48, with an estimated average price of $136.26.

Empowered Funds, LLC sold out a holding in Vanguard S&P 500 Growth ETF. The sale prices were between $202.29 and $230.08, with an estimated average price of $219.08.

Empowered Funds, LLC sold out a holding in BTC iShares Russell Top 200 Growth ETF. The sale prices were between $116.37 and $133.06, with an estimated average price of $125.97.

Empowered Funds, LLC sold out a holding in Vanguard Mega Cap Growth ETF. The sale prices were between $179.05 and $203.91, with an estimated average price of $193.79.