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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 | |
|---|---|---|---|---|---|---|---|
1
Kayne Anderson Energy Infrastructure Fund
KYN
$2.43B
| $44.1M | 26.68% |
1,154,842
-584
| -0.1% | -$22.6K |
2013 Q2
6 quarters
|
|
2
Tortoise Energy Infrastructure Corp
TYG
$1.01B
| $7.73M | 4.68% |
44,168
| – | – |
2014 Q2
2 quarters
|
|
3
Intel
INTC
$535B
| $4.46M | 2.7% |
122,796
+12,078
| +11% | +$420K |
2013 Q2
6 quarters
|
|
4
Home Depot
HD
$290B
| $4.14M | 2.51% |
39,483
-335
| -0.8% | -$32.5K |
2013 Q2
6 quarters
|
|
5
Johnson & Johnson
JNJ
$634B
| $3.83M | 2.32% |
36,617
+3,851
| +12% | +$406K |
2013 Q2
6 quarters
|
|
6
Comcast
CMCSA
$73B
| $3.7M | 2.24% |
127,460
+1,296
| +1% | +$35.5K |
2013 Q2
6 quarters
|
|
7
3M
MMM
$83.4B
| $3.41M | 2.06% |
24,805
+947
| +4% | +$122K |
2013 Q2
6 quarters
|
|
8
Wells Fargo
WFC
$253B
| $3.26M | 1.97% |
59,560
-216
| -0.4% | -$11.4K |
2013 Q2
6 quarters
|
|
9
AT&T
T
$153B
| $3M | 1.81% |
118,133
+19,954
| +20% | +$518K |
2013 Q2
6 quarters
|
|
10
GE Aerospace
GE
$322B
| $2.98M | 1.8% |
24,562
+2,011
| +9% | +$247K |
2013 Q2
6 quarters
|
|
11
Walmart Inc
WMT
$892B
| $2.77M | 1.67% |
96,648
+1,068
| +1% | +$28.9K |
2013 Q2
6 quarters
|
|
12
Colgate-Palmolive
CL
$71.2B
| $2.7M | 1.63% |
39,032
| – | – |
2013 Q2
6 quarters
|
|
13
Microsoft
MSFT
$4.01T
| $2.69M | 1.63% |
57,879
+11,482
| +25% | +$539K |
2013 Q2
6 quarters
|
|
14
Coca-Cola
KO
$383B
| $2.52M | 1.53% |
59,793
+936
| +2% | +$40K |
2013 Q2
6 quarters
|
|
15
ExxonMobil
XOM
$707B
| $2.42M | 1.47% |
26,200
+149
| +0.6% | +$13.9K |
2013 Q2
6 quarters
|
|
16
Emerson Electric
EMR
$90.9B
| $2.33M | 1.41% |
37,670
+1,875
| +5% | +$117K |
2013 Q2
6 quarters
|
|
17
American Electric Power
AEP
$67.6B
| $2.16M | 1.31% |
35,640
| – | – |
2013 Q2
6 quarters
|
|
18
BlackRock Credit Allocation Income Trust
BTZ
$881M
| $2.08M | 1.26% |
161,286
| – | – |
2013 Q2
6 quarters
|
|
19
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$25.7B
| $2.05M | 1.24% |
7,758
+214
| +3% | +$54.8K |
2013 Q2
6 quarters
|
|
|
20
TRI-Continental Corp
TY
$1.86B
| $1.95M | 1.18% |
91,261
+39,900
| +78% | +$840K |
2013 Q2
6 quarters
|
|
|
GFY
21
DELISTED
Western Asset Variable Rate Strategic Fund, Inc
GFY
| $1.87M | 1.13% |
112,640
+6,406
| +6% | +$107K |
2013 Q2
6 quarters
|
|
22
Apple
AAPL
$4.96T
| $1.77M | 1.07% |
64,176
+8,140
| +15% | +$221K |
2013 Q2
6 quarters
|
|
|
23
Franklin Premier Income Trust
PPT
$309M
| $1.74M | 1.06% |
332,135
+131,585
| +66% | +$707K |
2013 Q2
6 quarters
|
|
24
AbbVie
ABBV
$494B
| $1.65M | 1% |
25,163
| – | – |
2013 Q2
6 quarters
|
|
25
BlackRock Enhanced Equity Dividend Trust
BDJ
$1.7B
| $1.58M | 0.96% |
194,816
+78,582
| +68% | +$646K |
2013 Q2
6 quarters
|
|
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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.