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Asset Manager ← All Institutions

Independent Wealth Network Inc.

2350 NW 128TH ST., URBANDALE, IA 50323 • 515-461-5123

Q1 2026 · Filed 2026-04-21
Market Value
$335M
+3.5%
Holdings
337
+40
New Purchases
57
Added To
136
Closed
44
Reduced
94
Top 10 Concentration
27.2%
Turnover
30.0%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
QTEC 1.00% 0.00% +1.00% $3M
CAT 5.53% 4.62% +0.91% $19M
SPLG 4.56% 3.77% +0.79% $15M
LMBS 0.68% 0.00% +0.68% $2M
JPST 3.78% 3.10% +0.68% $13M
JAGG 0.53% 0.00% +0.53% $2M
SCIO 0.47% 0.00% +0.47% $2M
XLE 0.83% 0.38% +0.45% $3M
BBIN 0.44% 0.00% +0.44% $1M
STOT 0.37% 0.00% +0.37% $1M
SPDW 0.43% 0.07% +0.36% $1M
CGDV 0.35% 0.00% +0.35% $1M
QQQ 1.54% 1.24% +0.31% $5M
SPMD 0.41% 0.13% +0.28% $1M
CVX 1.80% 1.53% +0.27% $6M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
ILTB 0.69% 1.91% -1.22% $2M
SPYG 2.89% 4.10% -1.21% $10M
SPYV 1.53% 2.67% -1.14% $5M
ACWI 0.90% 1.95% -1.05% $3M
SPAB 0.86% 1.51% -0.64% $3M
USRT 0.26% 0.88% -0.62% $882K
JPUS 0.00% 0.59% -0.59% $0
BKLN 0.00% 0.51% -0.51% $0
AGGY 0.00% 0.47% -0.47% $0
SPYD 0.88% 1.28% -0.40% $3M
JSML 0.00% 0.31% -0.31% $0
FLRT 0.94% 1.21% -0.27% $3M
MSFT 1.24% 1.47% -0.23% $4M
FPE 0.46% 0.69% -0.23% $2M
NVDA 1.37% 1.58% -0.21% $5M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 74.4%
Technology 6.9%
Industrials 6.9%
Energy 3.4%
Consumer Cyclical 2.6%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 57 $89M 26.7%
Large Cap 153 $152M 45.5%
Mid Cap 54 $44M 13.3%
Small Cap 56 $34M 10.0%
Micro Cap 17 $15M 4.5%

Portfolio Analytics

Avg Market Cap
$192.7B
Median Market Cap
$20.0B
Avg P/E
34.7
Median P/E
27.6
Avg Dividend Yield
0.02%
Avg Beta
0.90
# Stocks
128
# ETFs / Funds
209

Top Holdings (337 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 CAT 5.53% 26,118 $19M $708.45 $4M +20 +0.1%
2 SPLG 4.56% 199,352 $15M $76.54 $3M +47,214 +31.0%
3 JPST 3.78% 249,917 $13M $50.61 $3M +51,511 +26.0%
4 SPYG 2.89% 98,810 $10M $97.91 -$4M -25,440 -20.5%
5 SLV 2.15% 105,778 $7M $68.14 $105K -4,481 -4.1%
6 RDFI 1.83% 265,184 $6M $23.05 $991K +50,959 +23.8%
7 CVX 1.80% 29,098 $6M $206.90 $1M -3,278 -10.1%
8 DFUS 1.55% 73,185 $5M $70.91 $107K +4,664 +6.8%
9 QQQ 1.54% 8,936 $5M $577.17 $1M +2,430 +37.4%
10 SPYV 1.53% 90,734 $5M $56.58 -$4M -61,298 -40.3%
11 AAPL 1.49% 19,647 $5M $253.80 -$344K +40 +0.2%
12 NVDA 1.37% 26,284 $5M $174.40 -$512K -1,038 -3.8%
13 GLD 1.31% 10,163 $4M $430.28 $422K +193 +1.9%
14 MSFT 1.24% 11,217 $4M $370.18 -$596K +1,398 +14.2%
15 VOO 1.21% 6,799 $4M $597.52 -$62K +223 +3.4%
16 QTEC 1.00% 15,451 $3M $215.98 +15,451 NEW
17 JEPI 0.98% 57,567 $3M $56.68 $832K +15,104 +35.6%
18 AMZN 0.97% 15,590 $3M $208.27 -$252K +430 +2.8%
19 FLRT 0.94% 68,163 $3M $46.31 -$774K -15,219 -18.2%
20 ACWI 0.90% 21,856 $3M $138.37 -$3M -22,739 -51.0%
21 SPYD 0.88% 64,645 $3M $45.52 -$1M -30,939 -32.4%
22 SPAB 0.86% 112,929 $3M $25.62 -$2M -76,568 -40.4%
23 VYM 0.84% 18,960 $3M $148.10 $100K +89 +0.5%
24 XLE 0.83% 45,163 $3M $61.26 $2M +17,834 +65.3%
25 VUG 0.82% 6,266 $3M $436.76 -$448K -262 -4.0%
26 BRK-B 0.77% 5,370 $3M $479.20 -$60K +130 +2.5%
27 STIP 0.77% 24,797 $3M $103.43 $58K +313 +1.3%
28 XMMO 0.76% 17,597 $3M $145.02 $954K +6,060 +52.5%
29 FJAN 0.71% 47,240 $2M $50.41 -$90K -507 -1.1%
30 ILTB 0.69% 46,858 $2M $48.98 -$4M -77,250 -62.2%
31 LMBS 0.68% 45,879 $2M $49.81 +45,879 NEW
32 LQTI 0.68% 115,504 $2M $19.58 $32K +4,714 +4.2%
33 BND 0.66% 30,140 $2M $73.64 $404K +5,633 +23.0%
34 PSFF 0.66% 69,111 $2M $32.04 -$102K -2,529 -3.5%
35 PLTR 0.66% 15,076 $2M $146.28 -$201K +1,536 +11.3%
36 FLOT 0.65% 42,741 $2M $50.95 -$33K -721 -1.7%
37 BIL 0.63% 23,071 $2M $91.64 -$205K -2,307 -9.1%
38 YYY 0.60% 182,217 $2M $11.03 -$50K +3,272 +1.8%
39 QYLD 0.58% 114,056 $2M $17.15 -$45K +831 +0.7%
40 XLK 0.56% 14,164 $2M $132.90 -$74K +573 +4.2%
41 META 0.55% 3,220 $2M $572.04 -$274K +14 +0.4%
42 SPY 0.54% 2,783 $2M $650.33 -$262K -255 -8.4%
43 SOXX 0.54% 5,470 $2M $328.66 $417K +886 +19.3%
44 JAGG 0.53% 38,566 $2M $46.16 +38,566 NEW
45 V 0.52% 5,718 $2M $302.22 -$264K +37 +0.7%
46 BUFR 0.48% 47,911 $2M $33.77 $31K +1,576 +3.4%
47 DLN 0.48% 17,873 $2M $89.33 $222K +2,272 +14.6%
48 KYN 0.47% 109,924 $2M $14.28 $225K +1,301 +1.2%
49 SCIO 0.47% 75,614 $2M $20.64 +75,614 NEW
50 FPE 0.46% 87,627 $2M $17.75 -$680K -35,071 -28.6%
51 XOM 0.45% 8,887 $2M $169.65 $424K -118 -1.3%
52 AWF 0.45% 147,391 $1M $10.17 -$83K -639 -0.4%
53 GCOW 0.44% 32,037 $1M $46.24 $617K +11,063 +52.8%
54 SECT 0.44% 24,490 $1M $60.39 $124K +3,488 +16.6%
55 BBIN 0.44% 20,064 $1M $73.12 +20,064 NEW
56 GOOG 0.44% 5,086 $1M $286.88 -$227K -287 -5.3%
57 ITA 0.43% 6,648 $1M $218.74 $21K -29 -0.4%
58 SPDW 0.43% 31,593 $1M $45.65 $1M +26,755 +553.0%
59 BRK-A 0.43% 2 $1M $718,140.00 -$73K
60 CGUS 0.43% 37,273 $1M $38.42 $5K +1,797 +5.1%
61 TSLA 0.43% 3,827 $1M $371.73 -$242K +126 +3.4%
62 IAU 0.42% 15,982 $1M $88.16 $12K -1,225 -7.1%
63 VBK 0.41% 4,593 $1M $302.23 $85K +280 +6.5%
64 SGOV 0.41% 13,782 $1M $100.66 $130K +1,260 +10.1%
65 SPMD 0.41% 23,311 $1M $59.22 $951K +15,902 +214.6%
66 SPEM 0.40% 28,536 $1M $46.91 $442K +9,390 +49.0%
67 SHY 0.39% 15,797 $1M $82.57 $17K +251 +1.6%
68 SNTH 0.38% 48,562 $1M $26.24 -$302K -8,369 -14.7%
69 AGG 0.38% 12,658 $1M $99.27 $309K +3,168 +33.4%
70 DVY 0.37% 8,270 $1M $151.42 $82K -23 -0.3%
71 FTCS 0.37% 13,407 $1M $92.76 $563K +6,052 +82.3%
72 STOT 0.37% 26,186 $1M $47.13 +26,186 NEW
73 PGX 0.37% 113,320 $1M $10.88 -$34K +637 +0.6%
74 QQQM 0.36% 5,041 $1M $237.62 -$192K -453 -8.2%
75 IVV 0.35% 1,815 $1M $653.20 $27K +124 +7.3%
76 GOOGL 0.35% 4,104 $1M $287.54 -$76K +91 +2.3%
77 CGBL 0.35% 34,179 $1M $34.41 $185K +6,114 +21.8%
78 CGDV 0.35% 27,408 $1M $42.54 +27,408 NEW
79 MSI 0.35% 2,683 $1M $433.90 $133K -7 -0.3%
80 LGLV 0.34% 6,378 $1M $178.10 $10K -37 -0.6%
81 ET 0.34% 58,808 $1M $19.30 $197K +1,935 +3.4%
82 CASY 0.33% 1,535 $1M $727.77 $255K -25 -1.6%
83 EFA 0.33% 11,480 $1M $97.13 $22K +99 +0.9%
84 VCIT 0.33% 13,464 $1M $82.75 -$12K +17 +0.1%
85 MO 0.33% 16,828 $1M $65.99 $126K -247 -1.4%
86 CLX 0.33% 10,678 $1M $103.63 $73K +427 +4.2%
87 KR 0.33% 15,171 $1M $72.36 -$124K -4,378 -22.4%
88 COST 0.33% 1,097 $1M $996.84 $178K +35 +3.3%
89 SCHG 0.33% 37,474 $1M $29.13 $228K +10,991 +41.5%
90 BA 0.32% 5,455 $1M $199.03 -$51K +222 +4.2%
91 VIG 0.32% 4,969 $1M $215.07 $6K +135 +2.8%
92 JCPB 0.32% 22,478 $1M $47.08 $27K +699 +3.2%
93 IDEV 0.31% 12,512 $1M $83.57 $122K +1,314 +11.7%
94 FDVV 0.30% 18,213 $1M $55.24 $191K +3,839 +26.7%
95 CME 0.30% 3,391 $1M $295.35 $77K +4 +0.1%
96 ARCC 0.30% 55,495 $1M $18.02 -$77K +2,254 +4.2%
97 HON 0.30% 4,393 $993K $226.03 $152K +84 +1.9%
98 HACK 0.29% 12,727 $956K $75.09 -$52K +193 +1.5%
99 IDV 0.28% 22,408 $954K $42.56 $82K +300 +1.4%
100 SEIM 0.28% 20,226 $921K $45.55 $697K +15,369 +316.4%

New Positions

SymbolValue% Port
QTEC $3M 1.00%
LMBS $2M 0.68%
JAGG $2M 0.53%
SCIO $2M 0.47%
BBIN $1M 0.44%
STOT $1M 0.37%
CGDV $1M 0.35%
JIGB $889K 0.27%
XNTK $876K 0.26%
PSCI $835K 0.25%
BIV $681K 0.20%
GLDM $637K 0.19%
TOTL $622K 0.19%
BBHY $592K 0.18%
RSP $590K 0.18%

Sold Out Positions

SymbolValue% Port
BCS —%
AJG —%
FSK —%
NKE —%
ITW —%
TOST —%
BR —%
MMM —%
BCX —%
MEDP —%
APP —%
PTLC —%
KLAC —%
INTU —%
KNG —%
View SEC EDGAR Filings for Independent Wealth Network Inc. →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms