Independence Advisors Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class A
BRK.A
|
+$700M |
| 2 |
iShares National Muni Bond ETF
MUB
|
+$3.51M |
| 3 |
Vanguard FTSE All-World ex-US Small-Cap Index Fund
VSS
|
+$2.64M |
| 4 |
Vanguard Small-Cap Value ETF
VBR
|
+$2.46M |
| 5 |
iShares S&P 500 Growth ETF
IVW
|
+$2.44M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Short-Term National Muni Bond ETF
SUB
|
+$4.66M |
| 2 |
Vanguard Value ETF
VTV
|
+$4M |
| 3 |
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM
|
+$3.37M |
| 4 |
Vanguard Total Stock Market ETF
VTI
|
+$2.64M |
| 5 |
iShares Russell 1000 Growth ETF
IWF
|
+$1.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 1.75% |
| 2 | Consumer Discretionary | 1.6% |
| 3 | Technology | 1.51% |
| 4 | Financials | 1.46% |
| 5 | Materials | 1.09% |
Similar funds
Independence Advisors's Q4 2018 Portfolio in Review
As of Q4 2018, Independence Advisors held 98 positions worth $301M, down 10% from $336M the previous quarter. Its ten largest holdings account for 72% of the portfolio.
Independence Advisors deployed $703M of net new capital in Q4 2018, opening 5 new positions and adding to 21 existing holdings. Its largest new stake was Berkshire Hathaway Class A: 2,237 shares worth $457K.
By sector, the portfolio is most concentrated in Healthcare at 1.8% of assets, up from 1.7% a quarter earlier, followed by Consumer Discretionary and Technology.
On the sell side, the largest reduction was iShares Short-Term National Muni Bond ETF, an estimated $4.66M trimmed.
- Independence Advisors's largest Q4 2018 buy was Berkshire Hathaway Class A: 2,237 shares worth $457K.
- Independence Advisors added most to iShares National Muni Bond ETF in Q4 2018, an estimated $3.51M increase.
- Independence Advisors's biggest Q4 2018 reduction was iShares Short-Term National Muni Bond ETF, cutting an estimated $4.66M.
- Independence Advisors fully exited TJX Companies in Q4 2018, selling an estimated $233K.
- Independence Advisors's ten largest holdings make up 72% of its $301M portfolio in Q4 2018.
- Independence Advisors opened 5 new positions and closed 10 in Q4 2018.
- Independence Advisors's portfolio value fell 10% quarter-over-quarter to $301M.
Based on Independence Advisors's 13F filing for Q4 2018, filed 31 Jan 2019.