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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
MDY icon
676
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27.3B
– –
-3,707
Closed -$1.39M
MFC icon
677
Manulife Financial
MFC
$73.5B
– –
-10,059
Closed -$204K
MFIC icon
678
MidCap Financial Investment
MFIC
$804M
– –
-10,031
Closed -$175K
MGC icon
679
Vanguard Morningstar Mega Cap ETF
MGC
$10.4B
– –
-2,359
Closed -$264K
MHI
680
DELISTED
Pioneer Municipal High Income Fund
MHI
– –
-25,552
Closed -$309K
MIN
681
Aberdeen Intermediate Income Fund
MIN
$278M
– –
-46,628
Closed -$177K
MINT icon
682
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
$17B
– –
-23,091
Closed -$2.35M
MJ icon
683
Amplify Alternative Harvest ETF
MJ
$105M
– –
-1,945
Closed -$400K
MKC icon
684
McCormick & Company Non-Voting
MKC
$14.2B
– –
-11,192
Closed -$950K
MKSI icon
685
MKS Inc
MKSI
$20.6B
– –
-7,513
Closed -$827K
MMT
686
Aberdeen Multi-Market Income Fund
MMT
$243M
– –
-13,680
Closed -$84K
MMU
687
Western Asset Managed Municipals Fund
MMU
$554M
– –
-17,436
Closed -$232K
MOAT icon
688
VanEck Morningstar Wide Moat ETF
MOAT
$12.3B
– –
-206,861
Closed -$11.3M
MOMO
689
Hello Group
MOMO
$866M
– –
-19,471
Closed -$652K
MPC icon
690
Marathon Petroleum
MPC
$83.7B
– –
-6,608
Closed -$398K
MQT
691
DELISTED
BlackRock MuniYield Quality Fund II
MQT
– –
-13,055
Closed -$170K
MRVL icon
692
Marvell Technology
MRVL
$196B
– –
-8,637
Closed -$229K
MSD
693
Morgan Stanley Emerging Markets Debt Fund
MSD
$148M
– –
-20,053
Closed -$194K
MSFT icon
694
CALL
Microsoft
MSFT
$3.71T
– –
-1
Closed -$13K
MUB icon
695
iShares National Muni Bond ETF
MUB
$45.5B
– –
-77,014
Closed -$8.77M
MUE
696
DELISTED
BlackRock MuniHoldings Quality Fund II
MUE
– –
-15,500
Closed -$195K
NAD icon
697
Nuveen Quality Municipal Income Fund
NAD
$2.78B
– –
-47,625
Closed -$695K
NEA icon
698
Nuveen AMT-Free Quality Municipal Income Fund
NEA
$3.42B
– –
-100,343
Closed -$1.44M
NEAR icon
699
iShares Short Maturity Bond ETF
NEAR
$4.85B
– –
-7,360
Closed -$370K
NNN icon
700
NNN REIT
NNN
$8.99B
– –
-5,180
Closed -$278K
26 27
28
29 30

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PVI
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AC
Allstate Corporation Northbrook, Illinois $9.35B AUM 16.13% 1-Year Est. Return
NPT
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SUT
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HKAM
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RCM
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RCMNY
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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.