We are live on ! Find out more
IAA

Independent Advisor Alliance Portfolio holdings

AUM $9.32B
1-Year Est. Return 33.19%
This Fund
S&P 500
This Quarter Est. Return
-14.77%
1 Year Est. Return
+33.19%
3 Year Est. Return
+99.53%
5 Year Est. Return
+125.15%
10 Year Est. Return
–
AUM
$687M
AUM Growth
-$1.6B
Cap. Flow
-$1.42B
Cap. Flow %
-207.15%
Top 10 Hldgs %
33.16%
Holding
948
New
62
Increased
155
Reduced
199
Closed
521

Top Buys

Rank Stock Value
1
TGT icon
Target
TGT
+$6.07M
2
AMZN icon
Amazon
AMZN
+$5.08M
3
MSFT icon
Microsoft
MSFT
+$4.41M
4
AMD icon
Advanced Micro Devices
AMD
+$2.85M
5
QCOM icon
Qualcomm
QCOM
+$2.55M

Top Sells

Rank Stock Value
1
IVV icon
iShares Core S&P 500 ETF
IVV
+$86.6M
2
USMV icon
iShares MSCI USA Min Vol Factor ETF
USMV
+$62.5M
3
QQQ icon
Invesco QQQ Trust
QQQ
+$50.6M
4
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$37.9M
5
IEFA icon
iShares Core MSCI EAFE ETF
IEFA
+$35.5M

Sector Composition

Rank Sector Weight
1 Technology 21.29%
2 Consumer Discretionary 12.75%
3 Communication Services 11.45%
4 Financials 10.94%
5 Consumer Staples 10.45%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
GGN
576
GAMCO Global Gold, Natural Resources & Income Trust
GGN
$819M
– –
-26,101
Closed -$115K
GGZ
577
Gabelli Global Small and Mid-Cap Value Trust
GGZ
$127M
– –
-14,539
Closed -$172K
GHY
578
PGIM Global High Yield Fund
GHY
$483M
– –
-225,352
Closed -$3.38M
GLW icon
579
Corning
GLW
$143B
– –
-8,164
Closed -$238K
GOOS
580
Canada Goose Holdings
GOOS
$856M
– –
-13,501
Closed -$489K
GOVI icon
581
Invesco Equal Weight 0-30 Year Treasury ETF
GOVI
$1.23B
– –
-92,899
Closed -$3.2M
GSLC icon
582
Goldman Sachs ActiveBeta US Large Cap Equity ETF
GSLC
$15.5B
– –
-71,399
Closed -$4.62M
GSY icon
583
Invesco Ultra Short Duration ETF
GSY
$3.9B
– –
-51,545
Closed -$2.6M
GUT
584
Gabelli Utility Trust
GUT
$559M
– –
-39,546
Closed -$299K
GYLD icon
585
Arrow Dow Jones Global Yield ETF
GYLD
$37.5M
– –
-19,120
Closed -$308K
HAS icon
586
Hasbro
HAS
$13.2B
– –
-3,260
Closed -$344K
HBAN icon
587
Huntington Bancshares
HBAN
$35.5B
– –
-10,185
Closed -$154K
HDV
588
iShares Core High Dividend ETF
HDV
$14.9B
– –
-256,755
Closed -$5.04M
HFRO
589
Highland Opportunities and Income Fund
HFRO
$407M
– –
-68,311
Closed -$849K
HPI
590
John Hancock Preferred Income Fund
HPI
$433M
– –
-21,413
Closed -$488K
HUSV icon
591
First Trust Horizon Managed Volatility Domestic ETF
HUSV
$74.8M
– –
-7,722
Closed -$215K
HYD icon
592
VanEck High Yield Muni ETF
HYD
$4.45B
– –
-14,914
Closed -$955K
HYG icon
593
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.6B
– –
-54,965
Closed -$4.83M
HYLB icon
594
Xtrackers USD High Yield Corporate Bond ETF
HYLB
$3.48B
– –
-57,961
Closed -$2.34M
HYLS icon
595
First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
HYLS
$1.63B
– –
-30,972
Closed -$1.51M
IAGG icon
596
iShares Core International Aggregate Bond Fund
IAGG
$11B
– –
-4,736
Closed -$259K
IAI icon
597
iShares US Broker-Dealers & Securities Exchanges ETF
IAI
$1.36B
– –
-6,106
Closed -$418K
IAT icon
598
iShares US Regional Banks ETF
IAT
$681M
– –
-8,431
Closed -$430K
IBB icon
599
iShares Biotechnology ETF
IBB
$9.77B
– –
-2,301
Closed -$277K
ICSH icon
600
iShares Ultra Short Duration Bond Active ETF
ICSH
$8.13B
– –
-210,221
Closed -$10.6M
22 23
24
25 26

Similar funds

WPL
WINDACRE PARTNERSHIP LLC Houston, Texas $9.34B AUM 17.41% 1-Year Est. Return
PVI
Partners Value Investments Hamilton, Bermuda $9.34B AUM 12.2% 1-Year Est. Return
AC
Allstate Corporation Northbrook, Illinois $9.35B AUM 16.13% 1-Year Est. Return
NPT
National Philanthropic Trust Jenkintown, Pennsylvania $9.38B AUM 33.37% 1-Year Est. Return
SUT
SC US (TTGP) Menlo Park, California $9.25B AUM 20.49% 1-Year Est. Return
HKAM
Horizon Kinetics Asset Management New York $9.23B AUM 27.52% 1-Year Est. Return
RCM
RA Capital Management Boston, Massachusetts $9.44B AUM 157.3% 1-Year Est. Return
RCMNY
Rubric Capital Management (New York) New York $9.44B AUM 68.42% 1-Year Est. Return

Independent Advisor Alliance's Q1 2020 Portfolio in Review

As of Q1 2020, Independent Advisor Alliance held 948 positions worth $687M, down 70% from $2.29B the previous quarter. Its ten largest holdings account for 33% of the portfolio.

Independent Advisor Alliance withdrew a net $1.42B in Q1 2020, closing 521 positions and reducing 199 holdings. Its most notable exit was Invesco QQQ Trust, an estimated $50.6M position sold in full.

By sector, the portfolio is most concentrated in Technology at 21% of assets, up from 6.4% a quarter earlier, followed by Consumer Discretionary and Communication Services.

Against the trend, Independent Advisor Alliance opened a new position in Bilibili worth $1.78M.

  • Independent Advisor Alliance's largest Q1 2020 buy was Bilibili: 76,045 shares worth $1.78M.
  • Independent Advisor Alliance added most to Target in Q1 2020, an estimated $6.07M increase.
  • Independent Advisor Alliance's biggest Q1 2020 reduction was iShares Core S&P 500 ETF, cutting an estimated $86.6M.
  • Independent Advisor Alliance fully exited Invesco QQQ Trust in Q1 2020, selling an estimated $50.6M.
  • Independent Advisor Alliance's ten largest holdings make up 33% of its $687M portfolio in Q1 2020.
  • Independent Advisor Alliance opened 62 new positions and closed 521 in Q1 2020.
  • Independent Advisor Alliance's portfolio value fell 70% quarter-over-quarter to $687M.

Based on Independent Advisor Alliance's 13F filing for Q1 2020, filed 14 May 2020.