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Portfolio (Quarterly) Guide ↗

INDEPENDENT FINANCIAL GROUP, LLC

· CIK 0000275484
13F Portfolio $4.5B AUM 1,405 positions Filed May 15, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 1405 New
Page 2 of 71  ·  1,405 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 SLV ISHARES SILVER TR Financial Services 403,492.0 $26.0M 0.58% NEW $64.42 +8.6%
22 BUFR FIRST TR EXCHNG TRADED FD VI 754,296.0 $25.8M 0.58% NEW $34.26 +5.4%
23 MU MICRON TECHNOLOGY INC Technology 90,096.0 $25.7M 0.57% NEW $285.41 +153.9%
24 GARP ISHARES TR 370,196.0 $25.2M 0.56% NEW $68.10 +11.9%
25 CGDV CAPITAL GROUP DIVIDEND VALUE 561,682.0 $24.5M 0.55% NEW $43.64 +9.3%
26 QQQI NEOS ETF TRUST 433,400.0 $23.3M 0.52% NEW $53.86 +4.6%
27 TSM TAIWAN SEMICONDUCTOR MFG LTD Technology 76,345.0 $23.2M 0.52% NEW $303.89 +33.1%
28 FSK FS KKR CAP CORP Financial Services 1,548,882.0 $22.9M 0.51% NEW $14.81 -25.9%
29 VOO VANGUARD INDEX FDS 36,038.0 $22.6M 0.50% NEW $627.14 +8.3%
30 RDVY FIRST TR EXCHANGE TRADED FD 323,449.0 $22.5M 0.50% NEW $69.47 +6.2%
31 COWZ PACER FDS TR 369,935.0 $22.3M 0.50% NEW $60.17 +5.7%
32 SMH VANECK ETF TRUST 58,625.0 $21.1M 0.47% NEW $360.13 +51.7%
33 QQQE DIREXION SHS ETF TR 197,717.0 $20.2M 0.45% NEW $102.31 +10.4%
34 IJH ISHARES TR 296,838.0 $19.6M 0.44% NEW $66.00 +9.3%
35 BIZD VANECK ETF TRUST 1,363,165.0 $19.3M 0.43% NEW $14.18 -11.5%
36 SPYG SPDR SERIES TRUST 176,800.0 $18.9M 0.42% NEW $106.70 +10.2%
37 BERKSHIRE HATHAWAY INC DEL 37,303.0 $18.8M 0.42% NEW $502.65
38 JEPQ J P MORGAN EXCHANGE TRADED F 318,348.0 $18.5M 0.41% NEW $58.12 +2.7%
39 IBM INTERNATIONAL BUSINESS MACHS Technology 62,299.0 $18.5M 0.41% NEW $296.21 -26.0%
40 WMT WALMART INC Consumer Defensive 163,192.0 $18.2M 0.41% NEW $111.41 +18.0%
Page 2 of 71  ·  1,405 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 41.8%
Financial Services 23.5%
Consumer Cyclical 8.5%
Communication Services 7.4%
Industrials 4.1%
Healthcare 3.7%
Real Estate 3.4%
Consumer Defensive 3.2%
Energy 1.8%
Basic Materials 1.5%