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Asset Manager ← All Institutions

Independence Financial Advisors, LLC

402 CENTRAL ST, FRANKLIN, NH 03235 • 800-821-1776

Q4 2025 · Filed 2026-01-15
Market Value
$364M
+10.8%
Holdings
55
New Purchases
2
Added To
36
Closed
0
Reduced
13
Top 10 Concentration
59.9%
Turnover
3.6%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
FELG 15.02% 9.70% +5.32% $55M
JPM 0.38% 0.08% +0.30% $1M
GEV 0.06% 0.00% +0.06% $206K
V 0.06% 0.00% +0.06% $201K
GOOG 0.07% 0.06% +0.01% $266K
TD 0.10% 0.10% +0.01% $381K
GLD 0.31% 0.31% +0.00% $1M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
LQD 5.31% 5.69% -0.38% $19M
IEF 5.28% 5.63% -0.35% $19M
IEI 5.23% 5.57% -0.33% $19M
FTEC 4.96% 5.28% -0.32% $18M
FELV 9.04% 9.36% -0.31% $33M
IUSV 3.35% 3.64% -0.30% $12M
IUSG 2.98% 3.27% -0.29% $11M
TIP 3.58% 3.87% -0.29% $13M
FUTY 3.04% 3.32% -0.28% $11M
ICVT 3.34% 3.60% -0.26% $12M
FALN 3.57% 3.82% -0.25% $13M
FDVV 4.60% 4.84% -0.24% $17M
FIDU 3.10% 3.31% -0.21% $11M
ISTB 2.06% 2.26% -0.19% $8M
FNCL 3.23% 3.40% -0.18% $12M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 98.0%
Technology 0.7%
Energy 0.3%
Communication Services 0.3%
Industrials 0.2%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 18 $14M 3.9%
Large Cap 19 $136M 37.4%
Mid Cap 13 $176M 48.3%
Small Cap 5 $38M 10.4%

Portfolio Analytics

Avg Market Cap
$545.2B
Median Market Cap
$31.3B
Avg P/E
41.7
Median P/E
25.6
Avg Dividend Yield
0.02%
Avg Beta
0.91
# Stocks
21
# ETFs / Funds
34

Top Holdings (55 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 FELG 15.02% 1,310,736 $55M $41.70 $23M +535,968 +69.2%
2 FELV 9.04% 949,124 $33M $34.66 $2M +32,828 +3.6%
3 LQD 5.31% 175,327 $19M $110.19 $625K +7,621 +4.5%
4 IEF 5.28% 199,635 $19M $96.16 $719K +8,071 +4.2%
5 IEI 5.23% 159,512 $19M $119.35 $763K +6,599 +4.3%
6 FTEC 4.96% 80,319 $18M $224.67 $708K +2,284 +2.9%
7 FDVV 4.60% 295,150 $17M $56.69 $833K +9,764 +3.4%
8 TIP 3.58% 118,619 $13M $109.91 $333K +4,387 +3.8%
9 FALN 3.57% 476,028 $13M $27.30 $460K +24,779 +5.5%
10 IUSV 3.35% 118,715 $12M $102.54 $210K -974 -0.8%
11 ICVT 3.34% 123,306 $12M $98.50 $314K +5,051 +4.3%
12 FCOM 3.32% 164,639 $12M $73.28 $687K +4,318 +2.7%
13 FNCL 3.23% 150,957 $12M $77.74 $567K +4,661 +3.2%
14 FIDU 3.10% 136,703 $11M $82.48 $400K +3,976 +3.0%
15 FENI 3.09% 307,371 $11M $36.58 $784K +10,893 +3.7%
16 FUTY 3.04% 200,094 $11M $55.22 $158K +7,226 +3.8%
17 IUSG 2.98% 64,448 $11M $167.94 $93K -769 -1.2%
18 ISTB 2.06% 154,024 $8M $48.75 $99K +2,319 +1.5%
19 SHY 2.01% 88,449 $7M $82.82 $230K +2,924 +3.4%
20 IJK 1.76% 65,970 $6M $96.88 $289K +2,335 +3.7%
21 FDIS 1.74% 61,839 $6M $102.16 $197K +2,342 +3.9%
22 FLBL 1.69% 262,502 $6M $23.42 $178K +13,951 +5.6%
23 PFF 1.65% 194,422 $6M $30.96 $207K +10,594 +5.8%
24 IJT 1.14% 29,449 $4M $141.16 $147K +1,110 +3.9%
25 VTI 0.86% 9,378 $3M $335.28 $84K +52 +0.6%
26 VOO 0.46% 2,647 $2M $627.08 $48K +15 +0.6%
27 AAPL 0.40% 5,332 $1M $271.84 -$220K -1,224 -18.7%
28 JPM 0.38% 4,279 $1M $322.20 $1M +3,451 +416.8%
29 FHLC 0.37% 18,307 $1M $74.28 $84K -766 -4.0%
30 MSFT 0.35% 2,613 $1M $483.56 -$83K +14 +0.5%
31 GLD 0.31% 2,828 $1M $396.31 $115K
32 VIG 0.24% 3,951 $868K $219.78 $19K +13 +0.3%
33 AVGO 0.20% 2,122 $734K $346.08 $34K -1 -0.1%
34 BRK-B 0.19% 1,368 $688K $502.61 -$38K -76 -5.3%
35 CRH.L 0.18% 5,340 $666K $124.80 $28K +15 +0.3%
36 XOM 0.16% 4,901 $590K $120.35 -$62K -881 -15.2%
37 RSP 0.16% 2,972 $569K $191.57 $8K +11 +0.4%
38 HD 0.15% 1,621 $558K $344.06 -$98K +4 +0.2%
39 MTB 0.15% 2,708 $546K $201.46 $10K -3 -0.1%
40 JHMM 0.14% 8,005 $524K $65.48 $9K +45 +0.6%
41 INDB 0.11% 5,663 $414K $73.08 $25K +37 +0.7%
42 WMT 0.11% 3,579 $399K $111.41 $32K +19 +0.5%
43 NVDA 0.11% 2,084 $389K $186.54 -$98K -526 -20.1%
44 GE 0.11% 1,261 $388K $308.01 $10K +2 +0.2%
45 TD 0.10% 4,046 $381K $94.20 $58K
46 FREL 0.08% 11,342 $305K $26.89 -$10K +3 +0.0%
47 STIP 0.07% 2,615 $268K $102.39 -$11K -77 -2.9%
48 TSLA 0.07% 594 $267K $449.72 -$4K -15 -2.5%
49 GOOG 0.07% 846 $266K $313.88 $60K
50 RTX 0.06% 1,263 $232K $183.46 $21K +2 +0.2%
51 T 0.06% 9,223 $229K $24.84 -$33K -72 -0.8%
52 VGT 0.06% 296 $223K $754.84 $2K
53 VZ 0.06% 5,411 $220K $40.73 -$19K -46 -0.8%
54 GEV 0.06% 315 $206K $654.40 +315 NEW
55 V 0.06% 572 $201K $350.84 +572 NEW

New Positions

SymbolValue% Port
GEV $206K 0.06%
V $201K 0.06%
View SEC EDGAR Filings for Independence Financial Advisors, LLC →

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