Empirical Capital Management provides portfolio management for pooled vehicles. The firm advises 2 private funds.
Empirical Capital Management reports 2 pooled investment vehicles. These counts refer to investment vehicles, rather than the individual investors in them. Of its assets, 100.0% ($153M across 2 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Pooled investment vehicles | 100% | 100% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 2 | $153M | 100.0% | $76.3M |
| Total | 2 | $153M | 100% | $76.3M |
- Clients
- 2
- Regulatory AUM
- $153M
- AUM share
- 100.0%
- Avg. per client
- $76.3M
Total
- Clients
- 2
- Regulatory AUM
- $153M
- AUM share
- 100%
- Avg. per client
- $76.3M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 2
Empirical Capital Management is paid through a percentage of assets under management and performance-based fees; its fees and minimums are set out in its brochures on the SEC website.
Tina Blackman owns 75% or more of Empirical Capital Management. The leadership team of Empirical Capital Management includes Chief Financial Officer Luther McDaniel. It has 4 employees, 3 of them in advisory roles.
Leadership
- Luther McDanielChief Financial Officer & Chief Compliance Officer
- Cristan BlackmanManager and Member
- Tina BlackmanMember
- Bryan BlackmanCo-Manager
Staff
- 4 employees
- 3 in advisory functions
- Owns 75% or more of Empirical Capital Management, LLC
Tina Blackman
Control person · since February 2001
Besides its headquarters, Empirical Capital Management has 0 offices, with 1 listed address in Tennessee.
Tennessee · 1 listed address
- 100 Bluegrass Commons BLVD., Suite 350, HendersonvilleHQ
Contact and registration details
- Legal name
- Empirical Capital Management, LLC
- Headquarters
- 100 Bluegrass Commons BLVD., Suite 350, Hendersonville, TN 37075
- Website
- empiricalcapital.com
- Phone
- 615-824-1445
- SEC file
- 801-135558
- Structure
- Delaware LLC
- Fiscal year end
- December
Empirical Capital Management does not have custody of client assets.
Empirical Capital Management’s reported 13F holdings for the quarter ended 31 March 2026 total $167K across 15 positions; the largest are Alphabet Inc.-cl A (22.8%), Roku Inc. (19.6%) and Wal-mart Stores Inc. (12.7%).
Reported 13F holdings
- $167K
- Reported 13F value
- 15
- Positions
- 96.3%
- In the 10 largest
- —
- Value vs. prior quarter
- Alphabet Inc.-cl A22.8%
- Roku Inc.19.6%
- Wal-mart Stores Inc.12.7%
- Take-two Interactive Softwre9.6%
- Amazon.com Inc.8.9%
- TJX Companies Inc.7.4%
- Costco Wholesale Corp.6.8%
- Palantir Technologies Inc.-a6.0%
- Tesla Motors Inc.1.3%
- Netflix Inc.1.1%
Together, the ten largest are 96.3% of reported value.
How many clients does Empirical Capital Management have?
Empirical Capital Management has 2 clients and manages $153 million for them, as of September 2026. They include 2 pooled investment vehicles.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 17 September 2026
What services does Empirical Capital Management offer?
Empirical Capital Management provides portfolio management for pooled vehicles.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How many financial advisors does Empirical Capital Management have?
Empirical Capital Management has 0 investment adviser representatives registered with state securities authorities, out of 4 employees, and 3 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
Who owns Empirical Capital Management?
Empirical Capital Management’s direct owner is Tina Blackman (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 17 September 2026
How does Empirical Capital Management get paid?
Empirical Capital Management is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Empirical Capital Management?
Empirical Capital Management’s main office is at 100 Bluegrass Commons BLVD., Suite 350, Hendersonville, TN 37075. Its phone number is 615-824-1445. Its website is empiricalcapital.com.