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
Cap. Flow
+$16.1M
Cap. Flow %
9.75%
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
TY icon
TRI-Continental Corp
TY
+$840K
2
RVT icon
Royce Value Trust
RVT
+$728K
3
PPT icon
Franklin Premier Income Trust
PPT
+$707K
4
AMLP icon
Alerian MLP ETF
AMLP
+$698K
5
IGSB icon
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
+$687K

Top Sells

Rank Stock Value
1
SRV icon
NXG Cushing Midstream Energy Fund
SRV
+$3.06M
2
WBA icon
Walgreens Boots Alliance
WBA
+$3M
3
LYB icon
LyondellBasell Industries
LYB
+$268K
4
WMB icon
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
JQC icon
126
Nuveen Credit Strategies Income Fund
JQC
$680M
$193K 0.12%
21,987
– –
2014 Q3
1 quarter
NLY icon
127
Annaly Capital Management
NLY
$13.8B
$191K 0.12%
4,428
– –
2013 Q2
6 quarters
SPXX icon
128
Nuveen S&P 500 Dynamic Overwrite Fund
SPXX
$339M
$186K 0.11%
13,011
– –
2013 Q2
6 quarters
EMD icon
129
Western Asset Emerging Markets Debt Fund
EMD
$537M
$180K 0.11%
+11,447
New +$190K
2014 Q4
0 quarters
JMM icon
130
Nuveen Multi-Market Income Fund
JMM
$52.9M
$178K 0.11%
+23,266
New +$177K
2014 Q4
0 quarters
FCT
131
DELISTED
First Trust Senior Floating Rate Income Fund II
FCT
$164K 0.1%
12,599
– –
2014 Q3
1 quarter
MSD icon
132
Morgan Stanley Emerging Markets Debt Fund
MSD
$135M
$141K 0.09%
+15,487
New +$146K
2014 Q4
0 quarters
USA icon
133
Liberty All-Star Equity Fund
USA
$1.82B
$76K 0.05%
12,737
– –
2013 Q2
6 quarters
SID icon
134
Companhia Siderúrgica Nacional
SID
$1.68B
$58K 0.04%
28,200
– –
2013 Q2
6 quarters
BHP icon
135
BHP
BHP
$220B
– –
-4,157
Closed -$207K –
BIIB icon
136
Biogen
BIIB
$33.9B
– –
-631
Closed -$209K –
EOG icon
137
EOG Resources
EOG
$78.9B
– –
-2,133
Closed -$211K –
GILD icon
138
Gilead Sciences
GILD
$187B
– –
-1,976
Closed -$210K –
LYB icon
139
LyondellBasell Industries
LYB
$19.2B
– –
-2,462
Closed -$268K –
META icon
140
Meta Platforms (Facebook)
META
$1.89T
– –
-2,597
Closed -$205K –
NVO icon
141
Novo Nordisk
NVO
$170B
– –
-9,270
Closed -$221K –
SRV icon
142
NXG Cushing Midstream Energy Fund
SRV
$277M
– –
-17,732
Closed -$3.06M –
WBA icon
143
DELISTED
Walgreens Boots Alliance
WBA
– –
-50,613
Closed -$3M –
WMB icon
144
Williams Companies
WMB
$90.7B
– –
-4,045
Closed -$224K –
WPZ
145
DELISTED
Williams Partners L.P.
WPZ
– –
-3,714
Closed -$223K –
2 3 4 5
6

Similar funds

AZA
Arthur Zaske & Associates Bingham Farms, Michigan $91.5M AUM 9.44% 1-Year Est. Return
CCM
Conatus Capital Management Greenwich, Connecticut $92.3M AUM 45.31% 1-Year Est. Return
MIM
MPI Investment Management Hinsdale, Illinois $83.5M AUM
YCM
Yorkville Capital Management New York $82.8M AUM 0.41% 1-Year Est. Return
GCM
Goldman Capital Management New York $103M AUM 21.37% 1-Year Est. Return
HIM
Hutchens Investment Management Concord, New Hampshire $106M AUM 27.22% 1-Year Est. Return
MIS
Man Investments (Switzerland) Pfaffikon, Switzerland $107M AUM 0.04% 1-Year Est. Return
CL
Croft-Leominster Baltimore, Maryland $107M AUM 27.94% 1-Year Est. Return

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.