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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
+6.77%
1 Year Est. Return
+11.32%
3 Year Est. Return
+24.45%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$414M
AUM Growth
+$3.43M
(+0.83%)
Cap. Flow
-$22.8M
Cap. Flow
% of AUM
-5.51%
Top 10 Holdings %
Top 10 Hldgs %
70.56%
Holding
168
New
62
Increased
15
Reduced
56
Closed
7
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares S&P 500 Growth ETF
IVW
|
+$11.5M |
| 2 |
iShares S&P 500 Value ETF
IVE
|
+$8.53M |
| 3 |
iShares MSCI EAFE Small-Cap ETF
SCZ
|
+$3.36M |
| 4 |
iShares Russell 2000 Value ETF
IWN
|
+$1.91M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$1.07M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Value ETF
VTV
|
+$13.6M |
| 2 |
Vanguard Growth ETF
VUG
|
+$12.2M |
| 3 |
iShares Russell 1000 Growth ETF
IWF
|
+$11.6M |
| 4 |
Vanguard Small-Cap Value ETF
VBR
|
+$5.55M |
| 5 |
Vanguard FTSE All-World ex-US Small-Cap Index Fund
VSS
|
+$2.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.9% |
| 2 | Healthcare | 1.64% |
| 3 | Consumer Discretionary | 1.47% |
| 4 | Financials | 1.33% |
| 5 | Materials | 1.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
Altria Group
MO
$122B
| $270K | 0.07% |
5,414
-8
| -0.1% | -$377 |
|
77
Wells Fargo
WFC
$261B
| $269K | 0.07% |
5,004
| – | – |
|
78
State Street Technology Select Sector SPDR ETF
XLK
$115B
| $268K | 0.06% |
5,840
-868
| -13% | -$37.2K |
|
79
Vanguard Mid-Cap Growth ETF
VOT
$19B
| $266K | 0.06% |
1,674
| – | – |
|
80
RPM International
RPM
$13.7B
| $262K | 0.06% |
3,408
| – | – |
|
81
TJX Companies
TJX
$170B
| $260K | 0.06% |
4,250
-316
| -7% | -$18.7K |
|
82
Automatic Data Processing
ADP
$100B
| $251K | 0.06% |
1,475
-88
| -6% | -$14.6K |
|
83
Verizon
VZ
$194B
| $246K | 0.06% |
4,003
-350
| -8% | -$21.1K |
|
84
PepsiCo
PEP
$186B
| $244K | 0.06% |
1,785
-200
| -10% | -$27.2K |
|
85
Nike
NKE
$61.9B
| $239K | 0.06% |
2,362
| – | – |
|
86
Texas Instruments
TXN
$255B
| $237K | 0.06% |
1,848
| – | – |
|
87
Zoetis
ZTS
$31.6B
| $232K | 0.06% |
1,756
-174
| -9% | -$21.6K |
|
88
Citigroup
C
$222B
| $231K | 0.06% |
2,889
| – | – |
|
89
Global Payments
GPN
$22.1B
| $230K | 0.06% |
1,260
| – | – |
|
90
JPMorgan Chase
JPM
$939B
| $230K | 0.06% |
1,652
-172
| -9% | -$22.1K |
|
91
Abbott
ABT
$180B
| $220K | 0.05% |
2,531
| – | – |
|
|
AXDX
92
DELISTED
Accelerate Diagnostics
AXDX
| $220K | 0.05% |
1,300
| – | – |
|
93
Kimberly-Clark
KMB
$36.4B
| $219K | 0.05% |
1,595
-118
| -7% | -$16K |
|
94
Oracle
ORCL
$331B
| $216K | 0.05% |
4,084
| – | – |
|
95
Bristol-Myers Squibb
BMY
$127B
| $212K | 0.05% |
+3,309
| New | +$190K |
|
96
Meta Platforms (Facebook)
META
$1.51T
| $212K | 0.05% |
+1,032
| New | +$200K |
|
97
Eli Lilly
LLY
$1.07T
| $205K | 0.05% |
+1,558
| New | +$181K |
|
98
Vanguard Short-Term Bond ETF
BSV
$44.6B
| $166K | 0.04% |
2,062
-900
| -30% | -$72.6K |
|
99
iShares Russell 2000 Growth ETF
IWO
$14.5B
| $136K | 0.03% |
+633
| New | +$128K |
|
100
Sprott Physical Gold
PHYS
$14.6B
| $134K | 0.03% |
11,027
| – | – |
|
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Independence Advisors's Q4 2019 Portfolio in Review
As of Q4 2019, Independence Advisors held 168 positions worth $414M, up 0.83% from $411M the previous quarter. Its ten largest holdings account for 71% of the portfolio.
Independence Advisors withdrew a net $22.8M in Q4 2019, closing 7 positions and reducing 56 holdings. Its most notable exit was Berkshire Hathaway Class B, an estimated $465K position sold in full.
By sector, the portfolio is most concentrated in Technology at 1.9% of assets, up from 1.7% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Independence Advisors opened a new position in Vanguard Total World Stock ETF worth $303K.
- Independence Advisors's largest Q4 2019 buy was Vanguard Total World Stock ETF: 3,736 shares worth $303K.
- Independence Advisors added most to iShares S&P 500 Growth ETF in Q4 2019, an estimated $11.5M increase.
- Independence Advisors's biggest Q4 2019 reduction was Vanguard Value ETF, cutting an estimated $13.6M.
- Independence Advisors fully exited Berkshire Hathaway Class B in Q4 2019, selling an estimated $465K.
- Independence Advisors's ten largest holdings make up 71% of its $414M portfolio in Q4 2019.
- Independence Advisors opened 62 new positions and closed 7 in Q4 2019.
- Independence Advisors's portfolio value rose 0.83% quarter-over-quarter to $414M.
Based on Independence Advisors's 13F filing for Q4 2019, filed 7 Feb 2020.