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Independent Wealth Network Inc.

Location
URBANDALE, IA
Portfolio Value
Small $118,869,568
Diversification
Diversified
Filing Date
Global Rank
#4,974 / 8,232 ▲ 396
Top Industry
Farm & Heavy Construction Machinery 19.4%
3Y Alpha vs SPY
+2.7%
Period ended 2 months ago
Filed Apr 21, 2026 · 54d
19 quarters · since Sep 2021

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
+88.6%
SPY
+76.3%
Annualised alpha
+2.7%
Max drawdown
−17.0%

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

122 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025
Top Position
15.6%
+2.5 pts
Top 5
35.2%
+2.5 pts
Top 10
51.2%
+2.0 pts
HHI
431
Jun 2023 → Mar 2026 · range 313 – 431
Diversified+64

Portfolio Trend

19 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026
Sector % Portfolio Value
Technology 19.4% $23,100,200
Industrials 19.4% $23,073,996
Unclassified 18.0% $21,428,015
Financial Services 10.6% $12,576,968
Energy 9.5% $11,319,444
Consumer Cyclical 7.4% $8,792,725
Consumer Defensive 6.4% $7,619,851
Communication Services 4.2% $4,953,475
Healthcare 2.2% $2,591,691
Basic Materials 1.6% $1,884,061
Real Estate 0.7% $890,676
Utilities 0.5% $638,466

Last Quarter's Activity

Export CSV
Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased
25 positions
Ticker Δ Shares Shares Value Open

Trimmed

Positions the filer reduced
25 positions
Ticker Δ Shares Shares Value Open

New Positions

Positions the filer opened this quarter
22 positions
Ticker Shares Value Open

Sold Out

Positions the filer fully exited
22 positions
Ticker Shares Value Open

Portfolio Positions

Export CSV View 13F filing
122 positions · $118,869,568 total · as of Mar 31, 2026
Showing 1–50 of 122 positions by value · page 1 of 3
Ticker Company Shares Value (USD) % of Portfolio History