We are live on
!
Find out more
IA
Independence Advisors Portfolio holdings
AUM
$466M
1-Year Est. Return
11.32%
This Fund
S&P 500
This Quarter
Est. Return
+1.22%
1 Year Est. Return
+11.32%
3 Year Est. Return
+24.45%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$227M
AUM Growth
+$14.5M
(+6.8%)
Cap. Flow
+$12.4M
Cap. Flow
% of AUM
5.45%
Top 10 Holdings %
Top 10 Hldgs %
74.45%
Holding
79
New
5
Increased
23
Reduced
33
Closed
9
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Short-Term National Muni Bond ETF
SUB
|
+$7.16M |
| 2 |
Vanguard Tax-Exempt Bond Index Fund
VTEB
|
+$3.51M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$1.33M |
| 4 |
Vanguard Value ETF
VTV
|
+$1.05M |
| 5 |
iShares National Muni Bond ETF
MUB
|
+$625K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Medtronic
MDT
|
+$397K |
| 2 |
iShares Russell 1000 Value ETF
IWD
|
+$285K |
| 3 |
Booking.com
BKNG
|
+$278K |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$276K |
| 5 |
Teledyne Technologies
TDY
|
+$271K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 2.37% |
| 2 | Financials | 1.67% |
| 3 | Consumer Staples | 1.51% |
| 4 | Materials | 1.36% |
| 5 | Consumer Discretionary | 1.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Wells Fargo
WFC
$261B
| $295K | 0.13% |
5,353
-60
| -1% | -$3.02K |
|
|
RAI
52
DELISTED
Reynolds American Inc
RAI
| $289K | 0.13% |
5,161
-153
| -3% | -$8.12K |
|
53
Travelers Companies
TRV
$80.8B
| $287K | 0.13% |
2,345
-44
| -2% | -$5.02K |
|
54
Visa
V
$677B
| $283K | 0.12% |
3,632
-61
| -2% | -$4.9K |
|
|
AXDX
55
DELISTED
Accelerate Diagnostics
AXDX
| $270K | 0.12% |
1,300
| – | – |
|
56
SLB Ltd
SLB
$77.8B
| $270K | 0.12% |
3,220
-32
| -1% | -$2.62K |
|
57
Walmart Inc
WMT
$871B
| $258K | 0.11% |
11,214
-1,110
| -9% | -$25.9K |
|
58
Franklin Resources
BEN
$16.9B
| $257K | 0.11% |
6,500
| – | – |
|
59
Home Depot
HD
$332B
| $254K | 0.11% |
1,893
+65
| +4% | +$8.38K |
|
60
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.5B
| $249K | 0.11% |
5,000
| – | – |
|
61
Verizon
VZ
$194B
| $239K | 0.11% |
4,481
-489
| -10% | -$24.4K |
|
62
3M
MMM
$89B
| $224K | 0.1% |
1,497
-28
| -2% | -$4.04K |
|
63
RPM International
RPM
$13.7B
| $223K | 0.1% |
+4,137
| New | +$212K |
|
64
Honeywell
HON
$77.1B
| $218K | 0.1% |
2,081
-66
| -3% | -$6.71K |
|
65
Boeing
BA
$165B
| $210K | 0.09% |
+1,347
| New | +$197K |
|
|
FRBK
66
DELISTED
Republic First Bancorp Inc
FRBK
| $172K | 0.08% |
20,597
+4,000
| +24% | +$22.1K |
|
|
SPPP
67
Sprott Physical Platinum and Palladium Trust
SPPP
$560M
| $110K | 0.05% |
16,000
-9,000
| -36% | -$63.4K |
|
68
Sprott Physical Gold
PHYS
$14.6B
| $104K | 0.05% |
11,027
| – | – |
|
69
Globalstar
GSAT
$10.2B
| $27K | 0.01% |
1,142
-1,415
| -55% | -$22.2K |
|
|
VNR
70
DELISTED
Vanguard Natural Resources, LLC
VNR
| $8K | ﹤0.01% |
12,159
+2,000
| +20% | +$1.45K |
|
|
71
Booking.com
BKNG
$138B
| – | – |
-4,725
| Closed | -$278K |
|
|
72
Berkshire Hathaway Class B
BRK.B
$1.07T
| – | – |
-1,909
| Closed | -$276K |
|
73
Franco-Nevada
FNV
$41.4B
| – | – |
-3,300
| Closed | -$231K |
|
74
Kimberly-Clark
KMB
$36.4B
| – | – |
-1,656
| Closed | -$209K |
|
|
75
Medtronic
MDT
$107B
| – | – |
-4,591
| Closed | -$397K |
|
Similar funds
CPF
AIM
VCP
LWS
FA
11A
CCM
MGAI
Independence Advisors's Q4 2016 Portfolio in Review
As of Q4 2016, Independence Advisors held 79 positions worth $227M, up 6.8% from $213M the previous quarter. Its ten largest holdings account for 74% of the portfolio.
Independence Advisors deployed $12.4M of net new capital in Q4 2016, opening 5 new positions and adding to 23 existing holdings. Its largest new stake was iShares Short-Term National Muni Bond ETF: 67,916 shares worth $7.14M.
By sector, the portfolio is most concentrated in Healthcare at 2.4% of assets, down from 3% a quarter earlier, followed by Financials and Consumer Staples.
On the sell side, the largest reduction was iShares Russell 1000 Value ETF, an estimated $285K trimmed.
- Independence Advisors's largest Q4 2016 buy was iShares Short-Term National Muni Bond ETF: 67,916 shares worth $7.14M.
- Independence Advisors added most to iShares MSCI EAFE ETF in Q4 2016, an estimated $1.33M increase.
- Independence Advisors's biggest Q4 2016 reduction was iShares Russell 1000 Value ETF, cutting an estimated $285K.
- Independence Advisors fully exited Medtronic in Q4 2016, selling an estimated $397K.
- Independence Advisors's ten largest holdings make up 74% of its $227M portfolio in Q4 2016.
- Independence Advisors opened 5 new positions and closed 9 in Q4 2016.
- Independence Advisors's portfolio value rose 6.8% quarter-over-quarter to $227M.
Based on Independence Advisors's 13F filing for Q4 2016, filed 18 Jan 2017.