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Portfolio (Quarterly) Guide ↗

INDEPENDENT FINANCIAL GROUP, LLC

· CIK 0000275484
13F Portfolio $4.5B AUM 1,447 positions Filed May 15, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 153 New 602 Added 526 Reduced 111 Exited
Page 17 of 27  ·  526 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
321 Q QNITY ELECTRONICS INC Technology 5,274.0 $609K 0.01% -1K -21.0% $115.38 +26.9%
322 IVT INVENTRUST PPTYS CORP Real Estate 19,951.0 $608K 0.01% -300.0 -1.5% $30.46 +5.7%
323 JFR NUVEEN FLOATING RATE INCOME Financial Services 80,653.0 $607K 0.01% -14K -14.5% $7.52 -0.5%
324 MDB MONGODB INC Technology 2,475.0 $606K 0.01% -626.0 -20.2% $244.77 +36.2%
325 STZ CONSTELLATION BRANDS INC Consumer Defensive 4,027.0 $604K 0.01% -411.0 -9.3% $150.01 -2.6%
326 IFRA ISHARES TR 10,505.0 $601K 0.01% -15K -59.2% $57.20 +5.0%
327 SPYD SPDR SERIES TRUST 13,197.0 $601K 0.01% -562.0 -4.1% $45.52 +3.2%
328 DES WISDOMTREE TR 16,613.0 $597K 0.01% -271.0 -1.6% $35.94 +5.1%
329 PSEP INNOVATOR ETFS TRUST 13,857.0 $597K 0.01% -240.0 -1.7% $43.06 +5.7%
330 TLN TALEN ENERGY CORP Utilities 1,863.0 $595K 0.01% -690.0 -27.0% $319.23 -1.5%
331 KYN KAYNE ANDERSON ENERGY INFRST Financial Services 41,234.0 $589K 0.01% -658.0 -1.6% $14.28 +1.8%
332 ABNB AIRBNB INC Consumer Cyclical 4,648.0 $587K 0.01% -780.0 -14.4% $126.29 +3.5%
333 VOX VANGUARD WORLD FD 3,232.0 $581K 0.01% -1K -24.6% $179.84 +8.5%
334 XLRE SELECT SECTOR SPDR TR 14,217.0 $580K 0.01% -5K -24.2% $40.83 +7.7%
335 INTU INTUIT Technology 1,339.0 $579K 0.01% -17.0 -1.2% $432.40 -7.2%
336 LQDH ISHARES U S ETF TR 6,252.0 $577K 0.01% -46.0 -0.7% $92.34 +0.8%
337 MANAGED PORTFOLIO SERIES 23,757.0 $575K 0.01% -15K -39.2% $24.21
338 BSJQ INVESCO EXCH TRD SLF IDX FD 24,722.0 $573K 0.01% -3K -12.2% $23.17 -0.4%
339 TEL TE CONNECTIVITY PLC Technology 2,714.0 $567K 0.01% -2K -38.6% $209.02 -6.1%
340 JNK SPDR SERIES TRUST 5,914.0 $566K 0.01% -367.0 -5.8% $95.72 -0.2%
Page 17 of 27  ·  526 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 40.3%
Financial Services 22.1%
Consumer Cyclical 8.1%
Communication Services 7.6%
Industrials 4.6%
Consumer Defensive 3.9%
Healthcare 3.6%
Real Estate 3.5%
Energy 3.1%
Basic Materials 1.8%