INDEPENDENT INVESTORS INC

CIK

1121908

Location

NESCONSET, NY

Portfolio Value

Small $497,513,493

Diversification

Highly concentrated

Filing Date

Global Rank

#2,319 / 8,232 ▲ 48

Top Industry

Consumer Electronics 55.3%

3Y Alpha vs SPY

-5.5%

Period ended 2 months ago

Filed Apr 17, 2026 · 57d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+53.4%

SPY

+76.5%

Annualised alpha

-5.5%

Max drawdown

−24.8%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

63 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

55.1%

−0.7 pts

Top 5

68.1%

−0.9 pts

Top 10

77.0%

−0.1 pts

HHI

3,118

Highly concentrated−84

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	62.8%	$312,332,511	9
Healthcare	11.1%	$55,469,098	11
Industrials	8.7%	$43,521,973	13
Financial Services	6.6%	$32,989,961	7
Consumer Defensive	3.5%	$17,222,522	6
Consumer Cyclical	2.6%	$13,140,744	6
Energy	2.5%	$12,572,638	4
Communication Services	1.2%	$5,945,580	2
Real Estate	0.4%	$1,811,576	1
Unclassified	0.3%	$1,503,529	2
Basic Materials	0.2%	$1,003,361	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

No qualifying positions this quarter.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
AAPL	Apple Inc.	−11,910	1,081,073	$274,365,516
PG	PROCTER & GAMBLE Co	−1,508	40,095	$5,791,321
DIS	Walt Disney Co	−1,375	44,026	$4,243,225
PEP	Pepsico Inc	−1,250	18,213	$2,828,296
JPM	Jpmorgan Chase & Co	−1,000	55,804	$16,415,304
KVUE	Kenvue Inc.	−970	38,249	$659,412
XOM	Exxon Mobil Corp	−800	61,049	$10,357,573
HON	Honeywell International Inc	−775	41,550	$9,391,546
GOOGL	Alphabet Inc.	−600	5,920	$1,702,355
MCD	Mcdonalds Corp	−575	17,116	$5,319,481
ABBV	AbbVie Inc.	−500	44,674	$9,716,148
BMY	Bristol Myers Squibb Co	−500	26,438	$1,603,464
ABT	Abbott Laboratories	−500	34,390	$3,530,821
KMI	Kinder Morgan, Inc.	−500	18,616	$624,194
CSCO	Cisco Systems, Inc.	−400	7,870	$610,633
JNJ	Johnson & Johnson	−396	71,156	$17,393,372
AMZN	Amazon Com Inc	−305	2,465	$513,385
HHH	Howard Hughes Holdings Inc.	−300	28,637	$1,811,576
PCT	PureCycle Technologies, Inc.	−300	80,567	$418,142
BAC	Bank Of America Corp /De/	−300	24,580	$1,198,275
UNH	Unitedhealth Group Inc	−265	2,580	$698,122
CVX	Chevron Corp	−250	6,590	$1,363,471
BRK-B	Berkshire Hathaway Inc	−250	14,887	$7,133,850
SOLS	Solstice Advanced Materials Inc.	−249	10,329	$786,656
HD	Home Depot, Inc.	−225	6,001	$1,973,668
No positions match the current search.

New Positions

Positions the filer opened this quarter

2 positions

Ticker	Company	Shares	Value
SLB	Slb Limited/Nv	4,425	$227,400
APD	Air Products & Chemicals, Inc.	746	$216,705
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
BLK	BlackRock, Inc.	225	$240,826
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

63 positions · $497,513,493 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology

Showing 1–50 of 63 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Reduced	1,081,073	-11,910	$274,365,516	−7.7%	55.15%
MSFT	Microsoft Corp Technology	Held	54,300	0	$20,100,231	−23.5%	4.04%
JNJ	Johnson & Johnson Healthcare	Reduced	71,156	-396	$17,393,372	+17.5%	3.50%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	55,804	-1,000	$16,415,304	−10.3%	3.30%
AMGN	Amgen Inc Healthcare	Reduced	29,476	-175	$10,371,130	+6.9%	2.08%
XOM	Exxon Mobil Corp Energy	Reduced	61,049	-800	$10,357,573	+39.2%	2.08%
ABBV	AbbVie Inc. Healthcare	Reduced	44,674	-500	$9,716,148	−5.9%	1.95%
HON	Honeywell International Inc Industrials	Reduced	41,550	-775	$9,391,546	+13.7%	1.89%
WAT	Waters Corp /De/ Healthcare	Held	26,163	0	$7,791,341	−21.6%	1.57%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	14,887	-250	$7,133,850	−6.2%	1.43%
NVDA	Nvidia Corp Technology	Held	38,565	0	$6,725,736	−6.5%	1.35%
EMR	Emerson Electric Co Industrials	Held	48,896	0	$6,406,353	−1.3%	1.29%
BA	Boeing Co Industrials	Held	30,357	0	$6,041,953	−8.3%	1.21%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	40,095	-1,508	$5,791,321	−2.9%	1.16%
MCD	Mcdonalds Corp Consumer Cyclical	Reduced	17,116	-575	$5,319,481	−1.6%	1.07%
NSC	Norfolk Southern Corp Industrials	Held	17,517	0	$5,027,379	−0.6%	1.01%
QCOM	Qualcomm Inc/De Technology	Held	34,292	0	$4,416,123	−24.7%	0.89%
ORCL	Oracle Corp Technology	Held	29,900	0	$4,398,589	−24.5%	0.88%
DOV	DOVER Corp Industrials	Reduced	20,400	-200	$4,252,380	+5.7%	0.85%
DIS	Walt Disney Co Communication Services	Reduced	44,026	-1,375	$4,243,225	−17.9%	0.85%
AXP	American Express Co Financial Services	Held	12,000	0	$3,629,760	−18.2%	0.73%
ABT	Abbott Laboratories Healthcare	Reduced	34,390	-500	$3,530,821	−19.2%	0.71%
LHX	L3harris Technologies, Inc. /De/ Industrials	Held	9,749	0	$3,364,867	+17.6%	0.68%
NKE	NIKE, Inc. Consumer Cyclical	Held	60,000	0	$3,169,200	−17.1%	0.64%
GS	Goldman Sachs Group Inc Financial Services	Held	3,640	0	$3,079,403	−3.8%	0.62%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	2,865	-25	$2,854,771	+14.5%	0.57%
PEP	Pepsico Inc Consumer Defensive	Reduced	18,213	-1,250	$2,828,296	+1.3%	0.57%
UNP	Union Pacific Corp Industrials	Held	11,640	0	$2,824,096	+4.9%	0.57%
NVS	Novartis AG Healthcare	Held	17,900	0	$2,734,225	+10.8%	0.55%
KO	Coca Cola Co Consumer Defensive	Held	35,496	0	$2,699,470	+8.8%	0.54%
CL	Colgate Palmolive Co Consumer Defensive	Held	28,033	0	$2,389,252	+7.9%	0.48%
UPS	United Parcel Service Inc Industrials	Held	24,028	0	$2,363,874	−0.8%	0.48%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	6,001	-225	$1,973,668	−7.9%	0.40%
HHH	Howard Hughes Holdings Inc. Real Estate	Reduced	28,637	-300	$1,811,576	−21.5%	0.36%
GOOGL	Alphabet Inc. Communication Services	Reduced	5,920	-600	$1,702,355	−16.6%	0.34%
BMY	Bristol Myers Squibb Co Healthcare	Reduced	26,438	-500	$1,603,464	+10.4%	0.32%
CVX	Chevron Corp Energy	Reduced	6,590	-250	$1,363,471	+30.8%	0.27%
SPY	Spdr S&P 500 ETF Trust	Held	1,972	0	$1,282,470	−4.6%	0.26%
BABA	Alibaba Group Holding Ltd Consumer Cyclical	Held	10,100	0	$1,267,146	−14.4%	0.25%
BAC	Bank Of America Corp /De/ Financial Services	Reduced	24,580	-300	$1,198,275	−12.4%	0.24%
GE	General Electric Co Industrials	Reduced	4,114	-125	$1,167,429	−10.6%	0.23%
MS	Morgan Stanley Financial Services	Reduced	6,783	-200	$1,116,278	−10.0%	0.22%
SYK	Stryker Corp Healthcare	Held	3,000	0	$985,770	−6.5%	0.20%
URI	United Rentals, Inc. Industrials	Held	1,325	0	$965,342	−10.0%	0.19%
LOW	Lowes Companies Inc Consumer Cyclical	Held	3,800	0	$897,864	−2.0%	0.18%
GEV	GE Vernova Inc. Industrials	Reduced	996	-31	$869,408	+29.5%	0.17%
SOLS	Solstice Advanced Materials Inc. Basic Materials	Reduced	10,329	-249	$786,656	+53.1%	0.16%
UNH	Unitedhealth Group Inc Healthcare	Reduced	2,580	-265	$698,122	−25.7%	0.14%
KVUE	Kenvue Inc. Consumer Defensive	Reduced	38,249	-970	$659,412	−2.5%	0.13%
UBER	Uber Technologies, Inc Technology	Reduced	9,040	-75	$650,247	−12.7%	0.13%