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
-7.42%
1 Year Est. Return
+24.37%
3 Year Est. Return
+28.93%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$97.5M
AUM Growth
-$51M
(-34%)
Cap. Flow
-$39.3M
Cap. Flow
% of AUM
-40.35%
Top 10 Holdings %
Top 10 Hldgs %
43.52%
Holding
131
New
12
Increased
23
Reduced
51
Closed
32
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.24M |
| 2 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$827K |
| 3 |
Wells Fargo
WFC
|
+$485K |
| 4 |
Lockheed Martin
LMT
|
+$468K |
| 5 |
NVO
Novo Nordisk
NVO
|
+$422K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Kayne Anderson Energy Infrastructure Fund
KYN
|
+$18.5M |
| 2 |
TYG
Tortoise Energy Infrastructure Corp
TYG
|
+$6.2M |
| 3 |
BlackRock Credit Allocation Income Trust
BTZ
|
+$920K |
| 4 |
TRI-Continental Corp
TY
|
+$803K |
| 5 |
PPT
Franklin Premier Income Trust
PPT
|
+$706K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 29.82% |
| 2 | Healthcare | 12.97% |
| 3 | Industrials | 11% |
| 4 | Technology | 9.58% |
| 5 | Communication Services | 8.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Kayne Anderson Energy Infrastructure Fund
KYN
$2.5B
| $11.2M | 11.5% |
483,768
-670,814
| -58% | -$18.5M |
|
2
Home Depot
HD
$328B
| $5.05M | 5.18% |
43,752
+3,141
| +8% | +$363K |
|
|
WBA
3
DELISTED
Walgreens Boots Alliance
WBA
| $4.11M | 4.21% |
49,428
-80
| -0.2% | -$7.23K |
|
4
Comcast
CMCSA
$93.7B
| $3.56M | 3.65% |
125,030
-310
| -0.2% | -$9.21K |
|
|
5
Wells Fargo
WFC
$257B
| $3.48M | 3.57% |
67,815
+8,815
| +15% | +$485K |
|
6
3M
MMM
$92.2B
| $3.1M | 3.19% |
26,192
-120
| -0.5% | -$14.8K |
|
7
Intel
INTC
$487B
| $3.1M | 3.18% |
102,776
-12,478
| -11% | -$361K |
|
|
8
Apple
AAPL
$4.59T
| $3.06M | 3.14% |
110,956
+42,180
| +61% | +$1.24M |
|
9
Johnson & Johnson
JNJ
$640B
| $3.02M | 3.09% |
32,306
-3,361
| -9% | -$325K |
|
10
GE Aerospace
GE
$356B
| $2.73M | 2.8% |
22,617
-2,567
| -10% | -$315K |
|
11
AT&T
T
$174B
| $2.67M | 2.74% |
108,538
-11,896
| -10% | -$303K |
|
12
Boeing
BA
$166B
| $2.63M | 2.7% |
20,086
+390
| +2% | +$54.1K |
|
13
Colgate-Palmolive
CL
$72.5B
| $2.42M | 2.48% |
38,162
-710
| -2% | -$46.4K |
|
14
Coca-Cola
KO
$383B
| $2.4M | 2.46% |
59,788
-905
| -1% | -$36.2K |
|
15
Walmart Inc
WMT
$817B
| $2.15M | 2.21% |
99,627
-4,662
| -4% | -$107K |
|
16
American Electric Power
AEP
$66.8B
| $1.96M | 2.01% |
34,550
-920
| -3% | -$51.1K |
|
17
Microsoft
MSFT
$3.75T
| $1.89M | 1.93% |
42,619
-11,428
| -21% | -$513K |
|
18
ExxonMobil
XOM
$643B
| $1.88M | 1.93% |
25,240
-160
| -0.6% | -$12.3K |
|
|
19
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.7B
| $1.79M | 1.84% |
7,210
+3,122
| +76% | +$827K |
|
|
TYG
20
Tortoise Energy Infrastructure Corp
TYG
$1.1B
| $1.61M | 1.65% |
14,821
-45,573
| -75% | -$6.2M |
|
21
AbbVie
ABBV
$456B
| $1.34M | 1.38% |
24,643
-400
| -2% | -$26K |
|
22
Automatic Data Processing
ADP
$113B
| $1.3M | 1.33% |
16,157
+585
| +4% | +$46.8K |
|
23
Abbott
ABT
$193B
| $995K | 1.02% |
24,728
-400
| -2% | -$18.9K |
|
24
Pfizer
PFE
$160B
| $977K | 1% |
32,784
-6,803
| -17% | -$218K |
|
|
GFY
25
DELISTED
Western Asset Variable Rate Strategic Fund, Inc
GFY
| $976K | 1% |
62,867
-42,305
| -40% | -$684K |
|
Similar funds
AZA
CCM
MIM
YCM
GCM
HIM
MIS
CL
Independence Trust's Q3 2015 Portfolio in Review
As of Q3 2015, Independence Trust held 131 positions worth $97.5M, down 34% from $148M the previous quarter. Its ten largest holdings account for 44% of the portfolio.
Independence Trust withdrew a net $39.3M in Q3 2015, closing 32 positions and reducing 51 holdings. Its most notable exit was Eli Lilly, an estimated $536K position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 30% of assets, down from 47% a quarter earlier, followed by Healthcare and Industrials.
Against the trend, Independence Trust opened a new position in Alphabet (Google) Class C worth $404K.
- Independence Trust's largest Q3 2015 buy was Alphabet (Google) Class C: 12,660 shares worth $404K.
- Independence Trust added most to Apple in Q3 2015, an estimated $1.24M increase.
- Independence Trust's biggest Q3 2015 reduction was Kayne Anderson Energy Infrastructure Fund, cutting an estimated $18.5M.
- Independence Trust fully exited Eli Lilly in Q3 2015, selling an estimated $536K.
- Independence Trust's ten largest holdings make up 44% of its $97.5M portfolio in Q3 2015.
- Independence Trust opened 12 new positions and closed 32 in Q3 2015.
- Independence Trust's portfolio value fell 34% quarter-over-quarter to $97.5M.
Based on Independence Trust's 13F filing for Q3 2015, filed 16 Oct 2015.