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
Cap. Flow
+$12.4M
Cap. Flow %
5.45%
Top 10 Hldgs %
74.45%
Holding
79
New
5
Increased
23
Reduced
33
Closed
9

Top Buys

Rank Stock Value
1
SUB icon
iShares Short-Term National Muni Bond ETF
SUB
+$7.16M
2
VTEB icon
Vanguard Tax-Exempt Bond Index Fund
VTEB
+$3.51M
3
EFA icon
iShares MSCI EAFE ETF
EFA
+$1.33M
4
VTV icon
Vanguard Value ETF
VTV
+$1.05M
5
MUB icon
iShares National Muni Bond ETF
MUB
+$625K

Top Sells

Rank Stock Value
1
MDT icon
Medtronic
MDT
+$397K
2
IWD icon
iShares Russell 1000 Value ETF
IWD
+$285K
3
BKNG icon
Booking.com
BKNG
+$278K
4
BRK.B icon
Berkshire Hathaway Class B
BRK.B
+$276K
5
TDY icon
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
PG icon
76
Procter & Gamble
PG
$343B
– –
-2,695
Closed -$242K
PM icon
77
Philip Morris
PM
$301B
– –
-2,268
Closed -$220K
TDY icon
78
Teledyne Technologies
TDY
$30.4B
– –
-2,510
Closed -$271K
VT icon
79
Vanguard Total World Stock ETF
VT
$76.3B
– –
-3,439
Closed -$209K
1 2 3
4

Similar funds

CPF
Context Partners Fund La Jolla, California $460M AUM
AIM
AIA Investment Management Singapore $437M AUM 45.1% 1-Year Est. Return
VCP
Vestar Capital Partners New York $435M AUM 20.18% 1-Year Est. Return
LWS
Lucia Wealth Services San Diego, California $426M AUM 19.43% 1-Year Est. Return
FA
FCG Advisors Chatham, New Jersey $425M AUM 12.09% 1-Year Est. Return
11A
10-15 Associates Goshen, New York $516M AUM 7.62% 1-Year Est. Return
CCM
Cadence Capital Management Boston, Massachusetts $415M AUM 11.01% 1-Year Est. Return
MGAI
MP Global Advisers III New York $406M AUM 20.67% 1-Year Est. Return

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.