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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
XHB icon
876
State Street SPDR S&P Homebuilders ETF
XHB
$1.56B
– –
-11,415
Closed -$519K
XLE icon
877
State Street Energy Select Sector SPDR ETF
XLE
$37.7B
– –
-65,876
Closed -$1.98M
XLC icon
878
State Street Communication Services Select Sector SPDR ETF
XLC
$22.4B
– –
-5,555
Closed -$298K
XLF icon
879
State Street Financial Select Sector SPDR ETF
XLF
$58.2B
– –
-51,237
Closed -$1.58M
XLI icon
880
State Street Industrial Select Sector SPDR ETF
XLI
$33.7B
– –
-9,931
Closed -$809K
XLP icon
881
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.9B
– –
-45,993
Closed -$2.9M
XLU icon
882
State Street Utilities Select Sector SPDR ETF
XLU
$22.5B
– –
-73,220
Closed -$2.37M
XLV icon
883
State Street Health Care Select Sector SPDR ETF
XLV
$42.7B
– –
-22,076
Closed -$2.25M
XLY icon
884
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.2B
– –
-23,156
Closed -$1.45M
XMLV icon
885
Invesco S&P MidCap Low Volatility ETF
XMLV
$748M
– –
-245,632
Closed -$13.2M
XMMO icon
886
Invesco S&P MidCap Momentum ETF
XMMO
$7.53B
– –
-88,018
Closed -$5.38M
XRT icon
887
State Street SPDR S&P Retail ETF
XRT
$327M
– –
-66,758
Closed -$3.07M
XSLV icon
888
Invesco S&P SmallCap Low Volatility ETF
XSLV
$247M
– –
-141,789
Closed -$7.21M
YUMC icon
889
Yum China
YUMC
$16.3B
– –
-6,099
Closed -$293K
SHRY icon
890
First Trust Exchange-Traded Fund VI First Trust Bloomberg Shareholder Yield ETF
SHRY
$16.5M
– –
-20,440
Closed -$510K
CPAY icon
891
Corpay
CPAY
$25.7B
– –
-983
Closed -$283K
FSCS
892
First Trust SMID Capital Strength ETF
FSCS
$59.6M
– –
-19,429
Closed -$455K
FSGS
893
First Trust SMID Growth Strength ETF
FSGS
$32.1M
– –
-10,695
Closed -$237K
MUI
894
DELISTED
BlackRock Municipal Income Fund, Inc.
MUI
– –
-73,218
Closed -$1.04M
NDP
895
DELISTED
TORTOISE ENERGY INDEPENDENCE FUND, INC.
NDP
– –
-2,562
Closed -$89K
ROOF
896
DELISTED
NYLI CBRE NextGen Real Estate ETF
ROOF
– –
-21,426
Closed -$551K
EVA
897
DELISTED
Enviva Inc.
EVA
– –
-6,504
Closed -$243K
AFT
898
DELISTED
Apollo Senior Floating Rate Fund Inc.
AFT
– –
-18,350
Closed -$278K
CACG
899
DELISTED
Legg Mason ETF Investment Trust ClearBridge All Cap Growth ESG ETF
CACG
– –
-23,134
Closed -$797K
PXD
900
DELISTED
Pioneer Natural Resource Co.
PXD
– –
-2,703
Closed -$409K
34 35
36
37 38

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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.