We are live on
!
Find out more
IT
Independence Trust Portfolio holdings
AUM
$90.5M
1-Year Est. Return
24.37%
This Fund
S&P 500
This Quarter
Est. Return
-0.82%
1 Year Est. Return
+24.37%
3 Year Est. Return
+28.93%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$165M
AUM Growth
+$13.8M
(+9.1%)
Cap. Flow
+$16.1M
Cap. Flow
% of AUM
9.75%
Top 10 Holdings %
Top 10 Hldgs %
48.76%
Holding
145
New
38
Increased
44
Reduced
10
Closed
11
Avg Time Held
3.7
quarters
Top 10 Avg Time Held
3.9
quarters
Top 20 Avg Time Held
4.4
quarters
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
TRI-Continental Corp
TY
|
+$840K |
| 2 |
Royce Value Trust
RVT
|
+$728K |
| 3 |
Franklin Premier Income Trust
PPT
|
+$707K |
| 4 |
Alerian MLP ETF
AMLP
|
+$698K |
| 5 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$687K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NXG Cushing Midstream Energy Fund
SRV
|
+$3.06M |
| 2 |
Walgreens Boots Alliance
WBA
|
+$3M |
| 3 |
LyondellBasell Industries
LYB
|
+$268K |
| 4 |
Williams Companies
WMB
|
+$224K |
| 5 |
WPZ
Williams Partners L.P.
WPZ
|
+$223K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 50.96% |
| 2 | Industrials | 6.94% |
| 3 | Consumer Staples | 6.49% |
| 4 | Technology | 6.47% |
| 5 | Energy | 6.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
101
DELISTED
Western Gas Partners Lp
WES
| $278K | 0.17% |
3,807
| – | – |
2013 Q2
6 quarters
|
|
102
BlackRock Enhanced Global Dividend Trust
BOE
$658M
| $274K | 0.17% |
20,903
| – | – |
2013 Q2
6 quarters
|
|
|
ANDX
103
DELISTED
Andeavor Logistics LP
ANDX
| $265K | 0.16% |
4,505
+1,147
| +34% | +$66.8K |
2013 Q2
6 quarters
|
|
|
EQM
104
DELISTED
EQM Midstream Partners, LP
EQM
| $262K | 0.16% |
2,975
| – | – |
2013 Q3
5 quarters
|
|
105
CVS Health
CVS
$112B
| $258K | 0.16% |
2,675
| – | – |
2014 Q2
2 quarters
|
|
106
Walt Disney
DIS
$187B
| $257K | 0.16% |
+2,725
| New | +$246K |
2014 Q4
0 quarters
|
|
107
ProShares UltraShort S&P500
SDS
$347M
| $255K | 0.15% |
116
| – | – |
2013 Q2
6 quarters
|
|
108
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$5.86B
| $243K | 0.15% |
+2,100
| New | +$249K |
2014 Q4
0 quarters
|
|
109
Costco
COST
$425B
| $241K | 0.15% |
1,700
| – | – |
2014 Q3
1 quarter
|
|
110
Eaton Vance Senior Income Trust
EVF
$88.1M
| $233K | 0.14% |
+37,313
| New | +$238K |
2014 Q4
0 quarters
|
|
111
Netflix
NFLX
$294B
| $231K | 0.14% |
+47,250
| New | +$254K |
2014 Q4
0 quarters
|
|
112
Norfolk Southern
NSC
$71.7B
| $227K | 0.14% |
+2,070
| New | +$227K |
2014 Q4
0 quarters
|
|
113
Kinder Morgan
KMI
$73.7B
| $226K | 0.14% |
+5,331
| New | +$210K |
2014 Q4
0 quarters
|
|
114
Morgan Stanley
MS
$298B
| $226K | 0.14% |
+5,815
| New | +$207K |
2014 Q4
0 quarters
|
|
115
Telkom Indonesia
TLK
$12.6B
| $226K | 0.14% |
9,980
| – | – |
2013 Q2
6 quarters
|
|
116
Alibaba
BABA
$276B
| $223K | 0.13% |
+2,150
| New | +$221K |
2014 Q4
0 quarters
|
|
|
DCP
117
DELISTED
DCP Midstream, LP
DCP
| $218K | 0.13% |
4,809
| – | – |
2013 Q2
6 quarters
|
|
118
Oneok
OKE
$58B
| $217K | 0.13% |
4,351
-262
| -6% | -$14.5K |
2013 Q3
5 quarters
|
|
119
Honeywell
HON
$66.4B
| $216K | 0.13% |
2,406
| – | – |
2014 Q3
1 quarter
|
|
120
Ross Stores
ROST
$72.1B
| $212K | 0.13% |
+4,490
| New | +$190K |
2014 Q4
0 quarters
|
|
121
State Street SPDR S&P Dividend ETF
SDY
$20.9B
| $210K | 0.13% |
+2,670
| New | +$209K |
2014 Q4
0 quarters
|
|
|
KRFT
122
DELISTED
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
| $207K | 0.13% |
+3,303
| New | +$193K |
2014 Q4
0 quarters
|
|
123
Chipotle Mexican Grill
CMG
$38.5B
| $205K | 0.12% |
+15,000
| New | +$196K |
2014 Q4
0 quarters
|
|
124
TPG Mortgage Investment Trust
MITT
$177M
| $202K | 0.12% |
+3,628
| New | +$206K |
2014 Q4
0 quarters
|
|
125
DELISTED
Enerplus Corporation
ERF
| $201K | 0.12% |
20,960
| – | – |
2014 Q1
3 quarters
|
|
Similar funds
AZA
CCM
MIM
YCM
GCM
HIM
MIS
CL
Independence Trust's Q4 2014 Portfolio in Review
As of Q4 2014, Independence Trust held 145 positions worth $165M, up 9.1% from $152M the previous quarter. Its ten largest holdings account for 49% of the portfolio.
Independence Trust deployed $16.1M of net new capital in Q4 2014, opening 38 new positions and adding to 44 existing holdings. Its largest new stake was Alerian MLP ETF: 7,696 shares worth $674K.
By sector, the portfolio is most concentrated in Miscellaneous at 51% of assets, down from 52% a quarter earlier, followed by Industrials and Consumer Staples.
On the sell side, the largest reduction was Automatic Data Processing, an estimated $176K trimmed.
- Independence Trust's largest Q4 2014 buy was Alerian MLP ETF: 7,696 shares worth $674K.
- Independence Trust added most to TRI-Continental Corp in Q4 2014, an estimated $840K increase.
- Independence Trust's biggest Q4 2014 reduction was Automatic Data Processing, cutting an estimated $176K.
- Independence Trust fully exited NXG Cushing Midstream Energy Fund in Q4 2014, selling an estimated $3.06M.
- Independence Trust's ten largest holdings make up 49% of its $165M portfolio in Q4 2014.
- Independence Trust opened 38 new positions and closed 11 in Q4 2014.
- Independence Trust's portfolio value rose 9.1% quarter-over-quarter to $165M.
Based on Independence Trust's 13F filing for Q4 2014, filed 12 Jan 2015.