Independence Advisors Portfolio holdings
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 Morningstar Value ETF
VTV
|
+$13.6M |
| 2 |
Vanguard Morningstar Growth ETF
VUG
|
+$12.2M |
| 3 |
iShares Russell 1000 Growth ETF
IWF
|
+$11.6M |
| 4 |
Vanguard Morningstar 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 | Miscellaneous | 89.88% |
| 2 | Technology | 1.9% |
| 3 | Healthcare | 1.64% |
| 4 | Consumer Discretionary | 1.47% |
| 5 | Financials | 1.33% |
Similar funds
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 Miscellaneous at 90% of assets, up from 90% a quarter earlier, followed by Technology and Healthcare.
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 Morningstar 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.