Independent Wealth Network Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
SPYM
State Street SPDR Portfolio S&P 500 ETF
SPYM
|
+$1.3M |
| 2 |
iShares 0-5 Year TIPS Bond ETF
STIP
|
+$744K |
| 3 |
First Trust Enhanced Short Maturity ETF
FTSM
|
+$723K |
| 4 |
Pacer US Cash Cows 100 ETF
COWZ
|
+$651K |
| 5 |
Invesco S&P 500 Low Volatility ETF
SPLV
|
+$487K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Short-Term Treasury ETF
VGSH
|
+$455K |
| 2 |
JPMorgan Ultra-Short Income ETF
JPST
|
+$389K |
| 3 |
ATVI
Activision Blizzard
ATVI
|
+$320K |
| 4 |
Hartford Multifactor Small Cap ETF
ROSC
|
+$305K |
| 5 |
HDV
iShares Core High Dividend ETF
HDV
|
+$304K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 6.78% |
| 2 | Industrials | 5.11% |
| 3 | Financials | 3.56% |
| 4 | Energy | 3.04% |
| 5 | Consumer Discretionary | 2.8% |
Similar funds
Independent Wealth Network's Q4 2023 Portfolio in Review
As of Q4 2023, Independent Wealth Network held 224 positions worth $190M, up 17% from $163M the previous quarter. Its ten largest holdings account for 29% of the portfolio.
Independent Wealth Network deployed $14.3M of net new capital in Q4 2023, opening 23 new positions and adding to 121 existing holdings. Its largest new stake was Invesco S&P 500 Low Volatility ETF: 8,095 shares worth $507K.
By sector, the portfolio is most concentrated in Technology at 6.8% of assets, up from 5.8% a quarter earlier, followed by Industrials and Financials.
On the sell side, the largest reduction was JPMorgan Ultra-Short Income ETF, an estimated $389K trimmed.
- Independent Wealth Network's largest Q4 2023 buy was Invesco S&P 500 Low Volatility ETF: 8,095 shares worth $507K.
- Independent Wealth Network added most to State Street SPDR Portfolio S&P 500 ETF in Q4 2023, an estimated $1.3M increase.
- Independent Wealth Network's biggest Q4 2023 reduction was JPMorgan Ultra-Short Income ETF, cutting an estimated $389K.
- Independent Wealth Network fully exited Vanguard Short-Term Treasury ETF in Q4 2023, selling an estimated $455K.
- Independent Wealth Network's ten largest holdings make up 29% of its $190M portfolio in Q4 2023.
- Independent Wealth Network opened 23 new positions and closed 6 in Q4 2023.
- Independent Wealth Network's portfolio value rose 17% quarter-over-quarter to $190M.
Based on Independent Wealth Network's 13F filing for Q4 2023, filed 12 Jan 2024.