Independence Advisors, LLC

CIK

1679118

Location

WAYNE, PA

Portfolio Value

Micro $37,805,748

Diversification

Diversified

Filing Date

Global Rank

#4,510 / 5,291 ▲ 95 · as of Sep 2020

Top Industry

Consumer Electronics 17.0%

3Y Alpha vs SPY

-9.9%

Period ended 5 years ago

Filed Nov 4, 2020 · 5y

3 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

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

Cloned portfolio

+36.8%

SPY

+76.5%

Annualised alpha

-9.8%

Max drawdown

−15.1%

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

59 positions · as of Sep 30, 2020 · Δ vs Jun 30, 2020

Top Position

17.0%

+4.3 pts

Top 5

49.6%

+8.5 pts

Top 10

63.7%

+6.2 pts

HHI

668

Diversified+176

Portfolio Trend

3 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2020

Sector	% Portfolio	Value	Positions
Technology	28.7%	$10,856,625	8
Healthcare	17.2%	$6,502,524	14
Consumer Cyclical	16.4%	$6,203,004	8
Basic Materials	10.6%	$3,996,087	2
Financial Services	8.3%	$3,155,994	6
Consumer Defensive	6.0%	$2,284,072	6
Communication Services	4.0%	$1,503,024	6
Utilities	3.7%	$1,401,585	1
Industrials	3.0%	$1,141,754	5
Energy	1.4%	$541,965	2
Real Estate	0.6%	$219,114	1

Last Quarter's Activity

Export CSV

Sep 30, 2020 vs Jun 30, 2020

Added To

Positions the filer increased

14 positions

Ticker	Company	Δ Shares	Shares	Value
AAPL	Apple Inc.	+41,631	55,445	$6,421,085
MOV	Movado Group Inc	+5,509	16,444	$163,453
PGR	Progressive Corp/Oh/	+245	2,773	$262,519
V	Visa Inc.	+240	5,102	$1,020,246
CVX	Chevron Corp	+160	3,823	$275,256
XOM	Exxon Mobil Corp	+112	7,769	$266,709
MCD	Mcdonalds Corp	+48	20,649	$4,532,249
AMZN	Amazon Com Inc	+39	243	$38,257
HON	Honeywell International Inc	+22	1,773	$288,488
ABBV	AbbVie Inc.	+17	3,929	$344,141
UNH	Unitedhealth Group Inc	+10	963	$300,234
WMT	Walmart Inc.	+7	3,999	$186,500
ZTS	Zoetis Inc.	+6	2,299	$380,185
BMY	Bristol Myers Squibb Co	+6	3,433	$206,975
No positions match the current search.

Trimmed

Positions the filer reduced

13 positions

Ticker	Company	Δ Shares	Shares	Value
KO	Coca Cola Co	−876	6,532	$322,484
ORCL	Oracle Corp	−626	8,428	$503,151
WTRG	Essential Utilities, Inc.	−270	34,822	$1,401,585
MRK	Merck & Co., Inc.	−248	7,567	$598,934
IBM	International Business Machines Corp	−237	2,217	$257,879
APD	Air Products & Chemicals, Inc.	−100	1,042	$310,370
TJX	Tjx Companies Inc /De/	−61	4,208	$234,175
DIS	Walt Disney Co	−58	3,953	$490,488
JNJ	Johnson & Johnson	−45	7,170	$1,067,469
CMCSA	Comcast Corp	−32	10,511	$455,706
GOOGL	Alphabet Inc.	−25	654	$47,925
LLY	ELI LILLY & Co	−20	1,527	$226,026
BKNG	Booking Holdings Inc.	−17	155	$265,155
No positions match the current search.

New Positions

Positions the filer opened this quarter

5 positions

Ticker	Company	Shares	Value
BRK-B	Berkshire Hathaway Inc	2,661	$566,633
ANVS	Annovis Bio, Inc.	45,598	$219,326
MKC	Mccormick & Co Inc	1,086	$105,396
TSLA	Tesla, Inc.	508	$72,645
NFLX	Netflix Inc	431	$21,551
No positions match the current search.

Sold Out

Positions the filer fully exited

4 positions

Ticker	Company	Shares	Value
CSCO	Cisco Systems, Inc.	4,611	$215,057
ADP	Automatic Data Processing Inc	1,421	$211,572
RPM	Rpm International Inc/De/	2,748	$206,264
PHYS	Sprott Physical Gold Trust	11,027	$157,796
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

59 positions · $37,805,748 total · as of Sep 30, 2020

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

Showing 1–50 of 59 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Added	55,445	+41,631	$6,421,085	+409.7%	16.98%
MCD	Mcdonalds Corp Consumer Cyclical	Added	20,649	+48	$4,532,249	+19.3%	11.99%
PPG	Ppg Industries Inc Basic Materials	Held	30,191	0	$3,685,717	+15.1%	9.75%
MSFT	Microsoft Corp Technology	Held	12,686	0	$2,668,246	+3.4%	7.06%
PFE	Pfizer Inc Healthcare	Held	41,374	0	$1,440,630	+12.2%	3.81%
WTRG	Essential Utilities, Inc. Utilities	Reduced	34,822	-270	$1,401,585	−5.4%	3.71%
JNJ	Johnson & Johnson Healthcare	Reduced	7,170	-45	$1,067,469	+5.2%	2.82%
V	Visa Inc. Financial Services	Added	5,102	+240	$1,020,246	+8.6%	2.70%
CL	Colgate Palmolive Co Consumer Defensive	Held	12,963	0	$1,000,095	+5.3%	2.65%
AMGN	Amgen Inc Healthcare	Held	3,340	0	$848,894	+7.8%	2.25%
MA	Mastercard Inc Financial Services	Held	2,443	0	$826,149	+14.4%	2.19%
MRK	Merck & Co., Inc. Healthcare	Reduced	7,567	-248	$598,934	+3.9%	1.58%
BRK-B	Berkshire Hathaway Inc Financial Services	NEW	2,661	NEW	$566,633	NEW	1.50%
ORCL	Oracle Corp Technology	Reduced	8,428	-626	$503,151	+0.5%	1.33%
HD	Home Depot, Inc. Consumer Cyclical	Held	1,790	0	$497,100	+10.9%	1.31%
DIS	Walt Disney Co Communication Services	Reduced	3,953	-58	$490,488	+9.7%	1.30%
CMCSA	Comcast Corp Communication Services	Reduced	10,511	-32	$455,706	+18.3%	1.21%
COST	Costco Wholesale Corp /New Consumer Defensive	Held	1,258	0	$446,590	+17.1%	1.18%
NKE	NIKE, Inc. Consumer Cyclical	Held	3,186	0	$399,970	+28.0%	1.06%
INTU	Intuit Inc. Technology	Held	1,172	0	$382,318	+10.1%	1.01%
ZTS	Zoetis Inc. Healthcare	Added	2,299	+6	$380,185	+21.0%	1.01%
TFX	Teleflex Inc Healthcare	Held	1,074	0	$365,611	−6.5%	0.97%
ABBV	AbbVie Inc. Healthcare	Added	3,929	+17	$344,141	−10.4%	0.91%
VRSN	Verisign Inc/Ca Technology	Held	1,623	0	$332,471	−1.0%	0.88%
KO	Coca Cola Co Consumer Defensive	Reduced	6,532	-876	$322,484	−2.6%	0.85%
APD	Air Products & Chemicals, Inc. Basic Materials	Reduced	1,042	-100	$310,370	+12.6%	0.82%
UNH	Unitedhealth Group Inc Healthcare	Added	963	+10	$300,234	+6.8%	0.79%
HON	Honeywell International Inc Industrials	Added	1,773	+22	$288,488	+15.3%	0.76%
CVX	Chevron Corp Energy	Added	3,823	+160	$275,256	−15.8%	0.73%
XOM	Exxon Mobil Corp Energy	Added	7,769	+112	$266,709	−22.1%	0.71%
BKNG	Booking Holdings Inc. Consumer Cyclical	Reduced	155	-17	$265,155	−3.2%	0.70%
TXN	Texas Instruments Inc Technology	Held	1,848	0	$263,875	+12.5%	0.70%
ABT	Abbott Laboratories Healthcare	Held	2,417	0	$263,042	+19.0%	0.70%
PGR	Progressive Corp/Oh/ Financial Services	Added	2,773	+245	$262,519	+29.6%	0.69%
META	Meta Platforms, Inc. Communication Services	Held	1,002	0	$262,423	+15.3%	0.69%
IBM	International Business Machines Corp Technology	Reduced	2,217	-237	$257,879	−9.0%	0.68%
TRV	Travelers Companies, Inc. Financial Services	Held	2,274	0	$246,024	−5.1%	0.65%
WSFS	Wsfs Financial Corp Financial Services	Held	8,692	0	$234,423	−6.0%	0.62%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Reduced	4,208	-61	$234,175	+8.5%	0.62%
LLY	ELI LILLY & Co Healthcare	Reduced	1,527	-20	$226,026	−11.0%	0.60%
VZ	Verizon Communications Inc Communication Services	Held	3,781	0	$224,931	+7.9%	0.59%
GPN	Global Payments Inc Industrials	Held	1,260	0	$223,750	+4.7%	0.59%
PEP	Pepsico Inc Consumer Defensive	Held	1,609	0	$223,007	+4.8%	0.59%
CSX	Csx Corp Industrials	Held	8,592	0	$222,446	+11.4%	0.59%
BA	Boeing Co Industrials	Held	1,338	0	$221,117	−9.8%	0.58%
ANVS	Annovis Bio, Inc. Healthcare	NEW	45,598	NEW	$219,326	NEW	0.58%
CCI	Crown Castle Inc. Real Estate	Held	1,316	0	$219,114	−0.5%	0.58%
BMY	Bristol Myers Squibb Co Healthcare	Added	3,433	+6	$206,975	+2.7%	0.55%
WMT	Walmart Inc. Consumer Defensive	Added	3,999	+7	$186,500	+17.0%	0.49%
BE	Bloom Energy Corp Industrials	Held	10,348	0	$185,953	+65.2%	0.49%