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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
USRT icon
826
iShares Core US REIT ETF
USRT
$4.63B
– –
-15,251
Closed -$833K
UTF icon
827
Cohen & Steers Infrastructure Fund
UTF
$3.04B
– –
-30,791
Closed -$807K
VB icon
828
Vanguard Morningstar Small-Cap ETF
VB
$82.4B
– –
-44,257
Closed -$7.33M
VBF icon
829
Invesco Bond Fund
VBF
$169M
– –
-43,478
Closed -$904K
VBK icon
830
Vanguard Morningstar Small-Cap Growth ETF
VBK
$24.5B
– –
-9,138
Closed -$1.82M
VBR icon
831
Vanguard Morningstar Small-Cap Value ETF
VBR
$37.9B
– –
-20,658
Closed -$2.83M
VCIT icon
832
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$66.3B
– –
-28,629
Closed -$2.62M
VCLT icon
833
Vanguard Long-Term Corporate Bond ETF
VCLT
$8.85B
– –
-5,603
Closed -$568K
VCR icon
834
Vanguard Consumer Discretionary ETF
VCR
$6.33B
– –
-1,245
Closed -$236K
VCSH icon
835
Vanguard Short-Term Corporate Bond ETF
VCSH
$44.7B
– –
-56,873
Closed -$4.61M
VDC icon
836
Vanguard Consumer Staples ETF
VDC
$7.99B
– –
-3,321
Closed -$535K
VEA icon
837
Vanguard FTSE Developed Markets ETF
VEA
$236B
– –
-121,676
Closed -$5.36M
VEU icon
838
Vanguard FTSE All-World ex-US ETF
VEU
$68.5B
– –
-34,795
Closed -$1.87M
VFH icon
839
Vanguard Financials ETF
VFH
$13.6B
– –
-56,444
Closed -$4.31M
VGI
840
Virtus Global Multi-Sector Income Fund
VGI
$83.7M
– –
-12,433
Closed -$155K
VGK icon
841
Vanguard FTSE Europe ETF
VGK
$31.4B
– –
-3,934
Closed -$231K
VGM icon
842
Invesco Trust Investment Grade Municipals
VGM
$564M
– –
-41,575
Closed -$534K
VGSH icon
843
Vanguard Short-Term Treasury ETF
VGSH
$29.3B
– –
-37,030
Closed -$2.25M
VGT icon
844
Vanguard Information Technology ETF
VGT
$149B
– –
-735,792
Closed -$22.5M
VHT icon
845
Vanguard Health Care ETF
VHT
$18.6B
– –
-28,097
Closed -$5.39M
VKI icon
846
Invesco Advantage Municipal Income Trust II
VKI
$401M
– –
-11,341
Closed -$127K
VKQ icon
847
Invesco Municipal Trust
VKQ
$551M
– –
-27,977
Closed -$346K
VMBS icon
848
Vanguard Mortgage-Backed Securities ETF
VMBS
$15.5B
– –
-88,979
Closed -$4.73M
VMC icon
849
Vulcan Materials
VMC
$36.9B
– –
-5,947
Closed -$856K
VMO icon
850
Invesco Municipal Opportunity Trust
VMO
$663M
– –
-22,166
Closed -$274K
32 33
34
35 36

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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.