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Asset Manager ← All Institutions

Independent Wealth Network Inc.

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

Q2 2025 · Filed 2025-07-16
Market Value
$271M
+9.2%
Holdings
256
+7
New Purchases
16
Added To
154
Closed
5
Reduced
76
Top 10 Concentration
26.7%
Turnover
8.2%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
LQTI 0.67% 0.00% +0.67% $2M
NVDA 1.56% 1.08% +0.48% $4M
SPYG 4.23% 3.81% +0.42% $11M
PLTR 1.14% 0.74% +0.39% $3M
CAT 3.80% 3.53% +0.27% $10M
MSFT 1.73% 1.48% +0.25% $5M
QQQM 0.23% 0.00% +0.23% $631K
XCCC 0.23% 0.00% +0.23% $616K
DLN 0.22% 0.00% +0.22% $587K
AMZN 1.15% 0.99% +0.16% $3M
VUG 0.98% 0.83% +0.14% $3M
META 0.87% 0.73% +0.14% $2M
QYLD 0.64% 0.51% +0.13% $2M
DFUS 1.72% 1.59% +0.13% $5M
QQQ 1.21% 1.10% +0.11% $3M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
QDPL 0.00% 0.75% -0.75% $0
JPST 3.09% 3.74% -0.65% $8M
JMHI 0.13% 0.69% -0.56% $353K
AAPL 1.47% 1.87% -0.39% $4M
CVX 1.65% 2.02% -0.37% $4M
FLRT 1.66% 2.00% -0.34% $4M
BRK-B 0.87% 1.06% -0.19% $2M
FTSM 0.19% 0.35% -0.17% $501K
SPYD 1.37% 1.52% -0.15% $4M
GLD 1.08% 1.22% -0.15% $3M
ILTB 1.95% 2.08% -0.13% $5M
UNH 0.00% 0.11% -0.11% $0
BRK-A 0.54% 0.64% -0.11% $1M
SPAB 1.47% 1.57% -0.10% $4M
WTBA 0.00% 0.09% -0.09% $0

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 52 $73M 26.8%
Large Cap 115 $120M 44.3%
Mid Cap 38 $35M 13.1%
Small Cap 38 $33M 12.4%
Micro Cap 13 $9M 3.4%

Portfolio Analytics

Avg Market Cap
$235.1B
Median Market Cap
$29.5B
Avg P/E
33.8
Median P/E
26.9
Avg Dividend Yield
0.03%
Avg Beta
0.87
# Stocks
101
# ETFs / Funds
155

Top Holdings (256 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 SPYG 4.23% 120,044 $11M $95.32 $2M +2,469 +2.1%
2 SPLG 3.89% 144,872 $11M $72.69 $1M +996 +0.7%
3 CAT 3.80% 26,503 $10M $388.20 $2M -43 -0.2%
4 JPST 3.09% 165,004 $8M $50.68 -$907K -18,079 -9.9%
5 SPYV 2.72% 140,868 $7M $52.34 $418K +4,679 +3.4%
6 ILTB 1.95% 106,852 $5M $49.42 $118K +3,595 +3.5%
7 ACWI 1.94% 40,844 $5M $128.60 $539K +345 +0.8%
8 MSFT 1.73% 9,436 $5M $497.41 $1M -334 -3.4%
9 DFUS 1.72% 69,438 $5M $67.02 $704K +4,129 +6.3%
10 FLRT 1.66% 94,193 $4M $47.60 -$466K -10,914 -10.4%
11 CVX 1.65% 31,221 $4M $143.19 -$529K +1,336 +4.5%
12 NVDA 1.56% 26,645 $4M $157.99 $2M +1,977 +8.0%
13 SPAB 1.47% 155,887 $4M $25.60 $96K +3,412 +2.2%
14 AAPL 1.47% 19,418 $4M $205.17 -$642K -1,409 -6.8%
15 SPYD 1.37% 87,176 $4M $42.44 -$68K +2,041 +2.4%
16 RDFI 1.32% 150,266 $4M $23.83 $526K +21,205 +16.4%
17 SLV 1.25% 103,160 $3M $32.81 $474K +9,227 +9.8%
18 VOO 1.22% 5,825 $3M $568.04 $189K -246 -4.0%
19 QQQ 1.21% 5,914 $3M $551.67 $537K +101 +1.7%
20 AMZN 1.15% 14,217 $3M $219.40 $672K +1,353 +10.5%
21 PLTR 1.14% 22,583 $3M $136.32 $1M +718 +3.3%
22 GLD 1.08% 9,546 $3M $304.84 -$121K -972 -9.2%
23 VUG 0.98% 6,027 $3M $438.43 $575K +451 +8.1%
24 USRT 0.92% 44,226 $3M $56.56 $1K +818 +1.9%
25 VYM 0.91% 18,452 $2M $133.31 $54K -204 -1.1%
26 PSFF 0.88% 78,379 $2M $30.48 $81K -2,448 -3.0%
27 FJAN 0.88% 49,927 $2M $47.55 $127K -735 -1.4%
28 BRK-B 0.87% 4,850 $2M $485.75 -$279K -98 -2.0%
29 META 0.87% 3,189 $2M $737.99 $547K +56 +1.8%
30 JEPI 0.85% 40,369 $2M $56.85 $57K +1,208 +3.1%
31 STIP 0.84% 22,211 $2M $102.91 $57K +672 +3.1%
32 BIL 0.80% 23,744 $2M $91.73 $21K +232 +1.0%
33 FPE 0.77% 116,743 $2M $17.80 $62K +2,121 +1.9%
34 V 0.73% 5,555 $2M $355.06 $101K +215 +4.0%
35 FLOT 0.71% 37,824 $2M $51.02 -$42K -802 -2.1%
36 YYY 0.71% 163,923 $2M $11.71 $103K +4,759 +3.0%
37 XLK 0.68% 7,310 $2M $253.23 $416K +359 +5.2%
38 LQTI 0.67% 89,240 $2M $20.32 +89,240 NEW
39 BUFR 0.67% 56,996 $2M $31.80 $236K +3,902 +7.3%
40 SPY 0.65% 2,828 $2M $617.93 $283K +210 +8.0%
41 QYLD 0.64% 103,269 $2M $16.72 $467K +27,502 +36.3%
42 BND 0.56% 20,482 $2M $73.63 $125K +1,651 +8.8%
43 JPUS 0.55% 12,644 $1M $118.20 $52K +120 +1.0%
44 AWF 0.55% 134,458 $1M $11.03 $47K +576 +0.4%
45 BRK-A 0.54% 2 $1M $728,800.00 -$139K
46 ITA 0.52% 7,399 $1M $188.64 $295K +206 +2.9%
47 KR 0.51% 19,312 $1M $71.73 $89K +164 +0.9%
48 AGGY 0.50% 30,973 $1M $43.63 $18K +276 +0.9%
49 KYN 0.49% 103,390 $1M $12.72 -$13K -97 -0.1%
50 BKLN 0.48% 62,249 $1M $20.92 $94K +3,889 +6.7%
51 SGOV 0.47% 12,567 $1M $100.69 -$53K -526 -4.0%
52 CGUS 0.46% 33,719 $1M $36.93 $168K +1,475 +4.6%
53 TSLA 0.46% 3,880 $1M $317.64 $360K +515 +15.3%
54 SECT 0.44% 20,313 $1M $58.07 $120K -439 -2.1%
55 SHY 0.43% 13,949 $1M $82.86 -$29K -366 -2.6%
56 PGX 0.42% 103,248 $1M $11.13 $15K +2,126 +2.1%
57 XLE 0.42% 13,459 $1M $84.81 -$54K +663 +5.2%
58 MSI 0.42% 2,713 $1M $420.42 -$55K -17 -0.6%
59 VBK 0.42% 4,113 $1M $276.96 $173K +277 +7.2%
60 XMMO 0.41% 8,644 $1M $128.63 $191K +549 +6.8%
61 DVY 0.41% 8,353 $1M $132.81 -$3K +70 +0.8%
62 ARCC 0.40% 49,754 $1M $21.96 -$10K -20 -0.0%
63 MO 0.40% 18,504 $1M $58.63 -$17K +148 +0.8%
64 BA 0.40% 5,124 $1M $209.52 $245K +263 +5.4%
65 HACK 0.39% 12,231 $1M $86.37 $171K -103 -0.8%
66 ET 0.39% 57,703 $1M $18.13 $195K +11,922 +26.0%
67 LGLV 0.39% 5,970 $1M $174.62 -$24K -157 -2.6%
68 COST 0.38% 1,046 $1M $989.69 $49K +4 +0.4%
69 VNQ 0.38% 11,610 $1M $89.06 $53K +772 +7.1%
70 HD 0.38% 2,813 $1M $366.70 -$5K -14 -0.5%
71 VCIT 0.38% 12,396 $1M $82.92 -$4K -223 -1.8%
72 VIG 0.37% 4,946 $1M $204.68 $61K +40 +0.8%
73 IAU 0.37% 15,998 $998K $62.36 $99K +761 +5.0%
74 SOXX 0.37% 4,174 $996K $238.71 $276K +345 +9.0%
75 HON 0.36% 4,208 $980K $232.88 $107K +84 +2.0%
76 EFA 0.36% 10,885 $973K $89.39 $88K +57 +0.5%
77 IVV 0.36% 1,561 $969K $620.94 $116K +42 +2.8%
78 MINT 0.35% 9,497 $955K $100.54 $1K +18 +0.2%
79 VTIP 0.35% 18,859 $948K $50.27 $43K +720 +4.0%
80 XOM 0.35% 8,761 $944K $107.79 -$80K +150 +1.7%
81 GOOG 0.33% 4,984 $884K $177.38 $181K +484 +10.8%
82 CGBL 0.31% 25,006 $836K $33.44 $181K +3,847 +18.2%
83 SCHG 0.30% 27,389 $800K $29.21 $127K +518 +1.9%
84 VOT 0.29% 2,806 $798K $284.37 $114K +10 +0.4%
85 CASY 0.29% 1,528 $780K $510.31 $100K -37 -2.4%
86 EWA 0.28% 28,442 $749K $26.32 $87K +207 +0.7%
87 JSML 0.28% 11,050 $745K $67.45 $113K +666 +6.4%
88 CME 0.27% 2,680 $739K $275.60 $26K -7 -0.3%
89 FRTY 0.27% 38,260 $735K $19.22 $189K +3,953 +11.5%
90 IDV 0.27% 21,062 $727K $34.51 $92K +580 +2.8%
91 JCPB 0.27% 15,395 $724K $47.06 $15K +318 +2.1%
92 IDEV 0.26% 9,340 $710K $76.04 $290K +3,245 +53.2%
93 AAXJ 0.26% 8,570 $708K $82.62 $77K +37 +0.4%
94 SDVY 0.26% 19,850 $700K $35.28 $16K -567 -2.8%
95 BUFB 0.26% 20,660 $700K $33.88 $47K -137 -0.7%
96 NFLX 0.26% 519 $695K $1,339.13 $207K -4 -0.8%
97 SPEM 0.26% 16,238 $694K $42.74 $55K +14 +0.1%
98 WINN 0.25% 23,292 $678K $29.12 $204K +3,935 +20.3%
99 HSY 0.25% 4,050 $672K $165.94 -$19K +7 +0.2%
100 VEA 0.25% 11,660 $665K $57.01 $40K -625 -5.1%

New Positions

SymbolValue% Port
LQTI $2M 0.67%
QQQM $631K 0.23%
XCCC $616K 0.23%
DLN $587K 0.22%
SQ $266K 0.10%
APH $266K 0.10%
ORCL $266K 0.10%
JEPQ $240K 0.09%
TT $234K 0.09%
INTU $230K 0.08%
BUFZ $223K 0.08%
VBR $208K 0.08%
FDL $206K 0.08%
VT $201K 0.07%
APP $201K 0.07%

Sold Out Positions

SymbolValue% Port
UNH —%
SNA —%
QDPL —%
WTBA —%
SPHD —%
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