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Independence Advisors Portfolio holdings
AUM
$466M
1-Year Est. Return
11.32%
This Fund
S&P 500
This Quarter
Est. Return
+2.83%
1 Year Est. Return
+11.32%
3 Year Est. Return
+24.45%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$390M
AUM Growth
+$34.4M
(+9.7%)
Cap. Flow
+$24.4M
Cap. Flow
% of AUM
6.26%
Top 10 Holdings %
Top 10 Hldgs %
72.72%
Holding
107
New
10
Increased
45
Reduced
24
Closed
5
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI EAFE ETF
EFA
|
+$7.24M |
| 2 |
Vanguard Value ETF
VTV
|
+$5.51M |
| 3 |
iShares Russell 1000 Growth ETF
IWF
|
+$4.96M |
| 4 |
Vanguard Growth ETF
VUG
|
+$4.49M |
| 5 |
Vanguard Intermediate-Term Bond ETF
BIV
|
+$559K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares S&P 500 Growth ETF
IVW
|
+$525K |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$351K |
| 3 |
Schwab International Equity ETF
SCHF
|
+$285K |
| 4 |
CELG
Celgene Corp
CELG
|
+$255K |
| 5 |
Vanguard Tax-Exempt Bond Index Fund
VTEB
|
+$249K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.88% |
| 2 | Consumer Discretionary | 1.56% |
| 3 | Healthcare | 1.56% |
| 4 | Financials | 1.35% |
| 5 | Materials | 1.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
Schwab US Large- Cap ETF
SCHX
$70.9B
| $266K | 0.07% |
22,710
| – | – |
|
77
Vanguard Mid-Cap Growth ETF
VOT
$19B
| $266K | 0.07% |
1,779
| – | – |
|
78
Automatic Data Processing
ADP
$100B
| $263K | 0.07% |
1,588
+54
| +4% | +$8.77K |
|
79
Verizon
VZ
$194B
| $259K | 0.07% |
4,538
+887
| +24% | +$51.1K |
|
80
Altria Group
MO
$122B
| $256K | 0.07% |
5,412
-91
| -2% | -$4.77K |
|
81
UnitedHealth
UNH
$382B
| $252K | 0.06% |
1,031
+63
| +7% | +$15.2K |
|
82
Intel
INTC
$466B
| $249K | 0.06% |
5,193
+913
| +21% | +$45.3K |
|
83
Booking.com
BKNG
$138B
| $247K | 0.06% |
3,300
+100
| +3% | +$7.18K |
|
84
Wells Fargo
WFC
$261B
| $244K | 0.06% |
5,147
-1,274
| -20% | -$59.6K |
|
85
Abbott
ABT
$180B
| $241K | 0.06% |
2,864
+333
| +13% | +$26.2K |
|
86
Procter & Gamble
PG
$343B
| $233K | 0.06% |
+2,123
| New | +$226K |
|
87
Kimberly-Clark
KMB
$36.4B
| $228K | 0.06% |
+1,713
| New | +$221K |
|
88
Cisco
CSCO
$450B
| $223K | 0.06% |
+4,072
| New | +$225K |
|
89
State Street SPDR S&P 500 ETF Trust
SPY
$778B
| $221K | 0.06% |
+755
| New | +$217K |
|
90
TJX Companies
TJX
$170B
| $221K | 0.06% |
4,184
+16
| +0.4% | +$851 |
|
91
Zoetis
ZTS
$31.6B
| $219K | 0.06% |
1,930
-230
| -11% | -$24.1K |
|
|
KSU
92
DELISTED
Kansas City Southern
KSU
| $217K | 0.06% |
1,783
| – | – |
|
93
JPMorgan Chase
JPM
$939B
| $214K | 0.05% |
+1,910
| New | +$211K |
|
94
State Street Technology Select Sector SPDR ETF
XLK
$115B
| $213K | 0.05% |
5,468
| – | – |
|
95
Texas Instruments
TXN
$255B
| $212K | 0.05% |
+1,848
| New | +$207K |
|
96
RPM International
RPM
$13.7B
| $208K | 0.05% |
+3,408
| New | +$201K |
|
97
Global Payments
GPN
$22.1B
| $202K | 0.05% |
+1,260
| New | +$187K |
|
98
Meta Platforms (Facebook)
META
$1.51T
| $200K | 0.05% |
+1,037
| New | +$189K |
|
|
FRBK
99
DELISTED
Republic First Bancorp Inc
FRBK
| $131K | 0.03% |
26,597
+6,000
| +29% | +$30.4K |
|
100
Sprott Physical Gold
PHYS
$14.6B
| $125K | 0.03% |
11,027
| – | – |
|
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Independence Advisors's Q2 2019 Portfolio in Review
As of Q2 2019, Independence Advisors held 107 positions worth $390M, up 9.7% from $356M the previous quarter. Its ten largest holdings account for 73% of the portfolio.
Independence Advisors deployed $24.4M of net new capital in Q2 2019, opening 10 new positions and adding to 45 existing holdings. Its largest new stake was Movado Group: 15,721 shares worth $424K.
By sector, the portfolio is most concentrated in Technology at 1.9% of assets, up from 1.6% a quarter earlier, followed by Consumer Discretionary and Healthcare.
On the sell side, the largest reduction was iShares S&P 500 Growth ETF, an estimated $525K trimmed.
- Independence Advisors's largest Q2 2019 buy was Movado Group: 15,721 shares worth $424K.
- Independence Advisors added most to iShares MSCI EAFE ETF in Q2 2019, an estimated $7.24M increase.
- Independence Advisors's biggest Q2 2019 reduction was iShares S&P 500 Growth ETF, cutting an estimated $525K.
- Independence Advisors fully exited Schwab International Equity ETF in Q2 2019, selling an estimated $285K.
- Independence Advisors's ten largest holdings make up 73% of its $390M portfolio in Q2 2019.
- Independence Advisors opened 10 new positions and closed 5 in Q2 2019.
- Independence Advisors's portfolio value rose 9.7% quarter-over-quarter to $390M.
Based on Independence Advisors's 13F filing for Q2 2019, filed 12 Aug 2019.