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IA
Independence Advisors Portfolio holdings
AUM
$466M
1-Year Est. Return
11.32%
This Fund
S&P 500
This Quarter
Est. Return
-1.11%
1 Year Est. Return
+11.32%
3 Year Est. Return
+24.45%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$303M
AUM Growth
+$6.8M
(+2.3%)
Cap. Flow
+$10.5M
Cap. Flow
% of AUM
3.46%
Top 10 Holdings %
Top 10 Hldgs %
73.35%
Holding
80
New
4
Increased
24
Reduced
19
Closed
4
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares National Muni Bond ETF
MUB
|
+$4.35M |
| 2 |
iShares Russell 1000 Value ETF
IWD
|
+$1.16M |
| 3 |
iShares S&P Small-Cap 600 Value ETF
IJS
|
+$1.06M |
| 4 |
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM
|
+$1.01M |
| 5 |
iShares MSCI EAFE Value ETF
EFV
|
+$758K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Tax-Exempt Bond Index Fund
VTEB
|
+$1.1M |
| 2 |
iShares Short-Term National Muni Bond ETF
SUB
|
+$326K |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$306K |
| 4 |
NTRI
NutriSystem, Inc.
NTRI
|
+$277K |
| 5 |
RPM International
RPM
|
+$212K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 1.57% |
| 2 | Healthcare | 1.54% |
| 3 | Consumer Discretionary | 1.36% |
| 4 | Technology | 1.23% |
| 5 | Materials | 1.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Coca-Cola
KO
$354B
| $379K | 0.13% |
8,733
-207
| -2% | -$9.3K |
|
52
iShares Core S&P 500 ETF
IVV
$876B
| $365K | 0.12% |
1,375
-14
| -1% | -$3.85K |
|
53
Vanguard Global ex-US Real Estate ETF
VNQI
$3.46B
| $349K | 0.12% |
5,735
+607
| +12% | +$37.2K |
|
54
Home Depot
HD
$332B
| $338K | 0.11% |
1,896
| – | – |
|
55
Mastercard
MA
$477B
| $333K | 0.11% |
1,900
| – | – |
|
56
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.5B
| $326K | 0.11% |
5,000
| – | – |
|
57
Walmart Inc
WMT
$871B
| $321K | 0.11% |
10,830
| – | – |
|
58
Travelers Companies
TRV
$80.8B
| $316K | 0.1% |
2,278
| – | – |
|
59
IBM
IBM
$202B
| $315K | 0.1% |
2,147
+102
| +5% | +$15.4K |
|
|
AXDX
60
DELISTED
Accelerate Diagnostics
AXDX
| $297K | 0.1% |
1,300
| – | – |
|
61
Teleflex
TFX
$5.85B
| $283K | 0.09% |
1,108
| – | – |
|
62
Booking.com
BKNG
$138B
| $270K | 0.09% |
3,250
| – | – |
|
63
3M
MMM
$89B
| $253K | 0.08% |
1,378
+44
| +3% | +$8.72K |
|
64
Wells Fargo
WFC
$261B
| $248K | 0.08% |
4,724
| – | – |
|
65
Honeywell
HON
$77.1B
| $243K | 0.08% |
1,860
| – | – |
|
66
Schwab US Large- Cap ETF
SCHX
$70.9B
| $239K | 0.08% |
+22,710
| New | +$247K |
|
67
Intuitive Surgical
ISRG
$121B
| $235K | 0.08% |
1,707
| – | – |
|
68
Amazon
AMZN
$2.5T
| $233K | 0.08% |
+3,220
| New | +$230K |
|
69
Vanguard Mid-Cap Growth ETF
VOT
$19B
| $231K | 0.08% |
1,779
| – | – |
|
|
IBMI
70
DELISTED
iShares iBonds Sep 2020 Term Muni Bond ETF
IBMI
| $209K | 0.07% |
8,250
-1,700
| -17% | -$43.1K |
|
71
UnitedHealth
UNH
$382B
| $207K | 0.07% |
969
| – | – |
|
72
Franklin Resources
BEN
$16.9B
| $206K | 0.07% |
5,937
| – | – |
|
73
Verizon
VZ
$194B
| $205K | 0.07% |
4,282
+79
| +2% | +$3.97K |
|
74
Intuit
INTU
$81.1B
| $203K | 0.07% |
+1,172
| New | +$197K |
|
|
FRBK
75
DELISTED
Republic First Bancorp Inc
FRBK
| $179K | 0.06% |
20,597
| – | – |
|
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Independence Advisors's Q1 2018 Portfolio in Review
As of Q1 2018, Independence Advisors held 80 positions worth $303M, up 2.3% from $296M the previous quarter. Its ten largest holdings account for 73% of the portfolio.
Independence Advisors deployed $10.5M of net new capital in Q1 2018, opening 4 new positions and adding to 24 existing holdings. Its largest new stake was iShares S&P Small-Cap 600 Growth ETF: 6,126 shares worth $533K.
By sector, the portfolio is most concentrated in Financials at 1.6% of assets, down from 1.7% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was Vanguard Tax-Exempt Bond Index Fund, an estimated $1.1M trimmed.
- Independence Advisors's largest Q1 2018 buy was iShares S&P Small-Cap 600 Growth ETF: 6,126 shares worth $533K.
- Independence Advisors added most to iShares National Muni Bond ETF in Q1 2018, an estimated $4.35M increase.
- Independence Advisors's biggest Q1 2018 reduction was Vanguard Tax-Exempt Bond Index Fund, cutting an estimated $1.1M.
- Independence Advisors fully exited Berkshire Hathaway Class B in Q1 2018, selling an estimated $306K.
- Independence Advisors's ten largest holdings make up 73% of its $303M portfolio in Q1 2018.
- Independence Advisors opened 4 new positions and closed 4 in Q1 2018.
- Independence Advisors's portfolio value rose 2.3% quarter-over-quarter to $303M.
Based on Independence Advisors's 13F filing for Q1 2018, filed 6 Apr 2018.