Independence Financial Advisors, LLC

CIK

2066080

Location

FRANKLIN, NH

Portfolio Value

Small $255,660,131

Diversification

Highly concentrated

Filing Date

Global Rank

#4,376 / 8,807 ▲ 824 · as of Jun 2026

Top Industry

Banks - Diversified 21.2%

Period ended 20 days ago

Filed Oct 8, 2026 · 12d

7 quarters · since Mar 2025

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, the newest measured quarter, never from the firm's own description.

Style

Concentrated

The top 10 positions are 98.2% of the book (60%+)

Turnover

Medium turnover

31.9% over the last four quarters (30% to under 100%)

Horizon

Medium horizon

Value-weighted holding period 5.1 quarters (4 to under 12)

Closest benchmark: every 13F filer's combined book, active share 95.7%; sector active share 88.4% against the combined 13F book's sector weights.

Over time 6 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

55 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026

Top Position

85.5%

+31.8 pts

Top 5

96.5%

−0.7 pts

Top 10

98.0%

−0.2 pts

HHI

7,358

Highly concentrated+3,093

Portfolio Trend

7 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	96.7%	$247,194,743	38
Financial Services	1.5%	$3,718,684	6
Technology	0.6%	$1,599,109	2
Industrials	0.4%	$900,525	3
Energy	0.3%	$702,266	1
Consumer Cyclical	0.2%	$576,898	2
Communication Services	0.2%	$520,704	2
Basic Materials	0.2%	$447,202	1

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
FELG	Fidelity Enhanced Large Cap Growth ETF	+58,871	1,399,471	$63,102,147
PFF	iShares Preferred and Income Securities ETF	+49,473	592,489	$0
FELV	Fidelity Enhanced Large Cap Value ETF	+29,003	700,113	$28,963,674
FALN	iShares Fallen Angels USD Bond ETF	+22,023	278,978	$0
FMAT	Fidelity MSCI Materials Index ETF	+19,025	223,656	$12,466,585
FLBL	Franklin Senior Loan ETF	+17,236	316,116	$7,270,668
FENI	Fidelity Enhanced International ETF	+15,882	344,597	$13,752,866
TIP	iShares TIPS Bond ETF	+12,860	205,008	$0
FTEC	Fidelity MSCI Information Technology Index ETF	+9,259	150,522	$45,165,631
IEI	iShares 3-7 Year Treasury Bond ETF	+9,123	184,973	$0
ICVT	iShares Convertible Bond ETF	+8,444	149,820	$0
FDIS	Fidelity MSCI Consumer Discretionary Index ETF	+8,027	131,483	$12,452,754
FDVV	Fidelity High Dividend ETF	+7,953	235,945	$14,328,939
FCOM	Fidelity MSCI Communication Services Index ETF	+7,616	193,054	$13,901,818
ISTB	iShares Core 1-5 Year USD Bond ETF	+6,960	159,811	$0
FIDU	Fidelity MSCI Industrials Index ETF	+5,970	142,295	$12,604,491
IJJ	iShares S&P Mid-Cap 400 Value ETF	+5,956	72,279	$0
LQD	iShares iBoxx $ Investment Grade Corporate Bond ETF	+5,390	68,890	$0
IJS	iShares S&P Small-Cap 600 Value ETF	+4,723	58,951	$0
IJT	iShares S&P Small-Cap 600 Growth ETF	+2,703	46,017	$0
GLD	Spdr Gold Trust	+1,585	36,897	$14,051,853
IJK	iShares S&P Mid-Cap 400 Growth ETF	+1,574	45,543	$0
FREL	Fidelity MSCI Real Estate Index ETF	+105	13,770	$374,268
GE	General Electric Co	+47	1,083	$338,210
INDB	Independent Bank Corp	+35	5,769	$447,962
No positions match the current search.

Trimmed

Positions the filer reduced

10 positions

Ticker	Company	Δ Shares	Shares	Value
FUTY	Fidelity MSCI Utilities Index ETF	−8,807	8,421	$429,892
FNCL	Fidelity MSCI Financials Index ETF	−7,913	3,833	$290,234
IEF	iShares 7-10 Year Treasury Bond ETF	−7,805	6,551	$0
IUSV	iShares Core S&P U.S. Value ETF	−5,182	58,613	$0
SHY	iShares 1-3 Year Treasury Bond ETF	−2,989	9,256	$0
IUSG	iShares Core S&P U.S. Growth ETF	−1,445	27,672	$0
FHLC	Fidelity MSCI Health Care Index ETF	−1,306	9,949	$812,833
MSFT	Microsoft Corp	−23	1,640	$841,156
HD	Home Depot, Inc.	−19	1,292	$367,561
MTB	M&T Bank Corp	−1	2,708	$589,260
No positions match the current search.

New Positions

Positions the filer opened this quarter

1 positions

Ticker	Company	Shares	Value	Open
T	At&T Inc.	8,800	$214,720
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
INTC	Intel Corp	1,500	$209,445
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

55 tracked positions · $255,660,131 total · filing declares 55 positions · $398,344,727 · as of Sep 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Energy Financial Services Industrials Technology

Showing 1–50 of 55 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
FELG	Fidelity Enhanced Large Cap Growth ETF	Added	1,399,471	+58,871	$63,102,147	+7.6%	24.68%
FTEC	Fidelity MSCI Information Technology Index ETF	Added	150,522	+9,259	$45,165,631	+12.0%	17.67%
FELV	Fidelity Enhanced Large Cap Value ETF	Added	700,113	+29,003	$28,963,674	+7.7%	11.33%
FDVV	Fidelity High Dividend ETF	Added	235,945	+7,953	$14,328,939	+4.2%	5.60%
GLD	Spdr Gold Trust	Added	36,897	+1,585	$14,051,853	+8.0%	5.50%
FCOM	Fidelity MSCI Communication Services Index ETF	Added	193,054	+7,616	$13,901,818	+7.9%	5.44%
FENI	Fidelity Enhanced International ETF	Added	344,597	+15,882	$13,752,866	+4.3%	5.38%
FIDU	Fidelity MSCI Industrials Index ETF	Added	142,295	+5,970	$12,604,491	−7.2%	4.93%
FMAT	Fidelity MSCI Materials Index ETF	Added	223,656	+19,025	$12,466,585	+4.1%	4.88%
FDIS	Fidelity MSCI Consumer Discretionary Index ETF	Added	131,483	+8,027	$12,452,754	−1.9%	4.87%
FLBL	Franklin Senior Loan ETF	Added	316,116	+17,236	$7,270,668	+6.1%	2.84%
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Added	9,459	+24	$3,539,936	+1.4%	1.38%
VOO	VANGUARD 500 INDEX FUND	Added	2,670	+7	$1,871,296	+2.3%	0.73%
JPM	Jpmorgan Chase & Co Financial Services	Added	3,975	+3	$1,315,049	+1.1%	0.51%
VIG	Vanguard Specialized Funds	Added	3,997	+15	$932,540	−1.0%	0.36%
MSFT	Microsoft Corp Technology	Reduced	1,640	-23	$841,156	+35.6%	0.33%
FHLC	Fidelity MSCI Health Care Index ETF	Reduced	9,949	-1,306	$812,833	−6.5%	0.32%
AAPL	Apple Inc. Technology	Added	2,276	+2	$757,953	+15.2%	0.30%
XOM	ExxonMobil Holdings Corp Energy	Added	4,315	+8	$702,266	+19.3%	0.27%
BRK-B	Berkshire Hathaway Inc Financial Services	Held	1,313	0	$653,808	−0.5%	0.26%
MTB	M&T Bank Corp Financial Services	Reduced	2,708	-1	$589,260	−8.6%	0.23%
JHMM	John Hancock Multifactor Mid Cap ETF	Held	8,036	0	$574,574	−4.6%	0.22%
TD	Toronto Dominion Bank Financial Services	Held	4,046	0	$475,526	−3.2%	0.19%
INDB	Independent Bank Corp Financial Services	Added	5,769	+35	$447,962	−6.7%	0.18%
CRH	Crh Public Ltd Co Basic Materials	Added	5,401	+24	$447,202	−22.3%	0.17%
FUTY	Fidelity MSCI Utilities Index ETF	Reduced	8,421	-8,807	$429,892	−57.3%	0.17%
FREL	Fidelity MSCI Real Estate Index ETF	Added	13,770	+105	$374,268	−6.5%	0.15%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	1,292	-19	$367,561	−20.5%	0.14%
GE	General Electric Co Industrials	Added	1,083	+47	$338,210	−12.6%	0.13%
QQQ	Invesco Qqq Trust, Series 1	Held	416	0	$307,744	+0.5%	0.12%
GOOG	Alphabet Inc. Communication Services	Added	898	+1	$305,984	−3.5%	0.12%
RTX	RTX Corp Industrials	Added	1,580	+3	$293,327	−2.0%	0.11%
FNCL	Fidelity MSCI Financials Index ETF	Reduced	3,833	-7,913	$290,234	−67.7%	0.11%
GEV	GE Vernova Inc. Industrials	Added	283	+11	$268,988	−15.8%	0.11%
TRV	Travelers Companies, Inc. Financial Services	Held	665	0	$237,079	+8.0%	0.09%
T	At&T Inc. Communication Services	NEW	8,800	NEW	$214,720	NEW	0.08%
TSLA	Tesla, Inc. Consumer Cyclical	Held	590	0	$209,337	−15.6%	0.08%
RSP	Victory Portfolios II	Added	3,109	+12	$0	−100.0%	0.00%
FALN	iShares Fallen Angels USD Bond ETF	Added	278,978	+22,023	$0	−100.0%	0.00%
ICVT	iShares Convertible Bond ETF	Added	149,820	+8,444	$0	−100.0%	0.00%
IEF	iShares 7-10 Year Treasury Bond ETF	Reduced	6,551	-7,805	$0	−100.0%	0.00%
IEI	iShares 3-7 Year Treasury Bond ETF	Added	184,973	+9,123	$0	−100.0%	0.00%
IJJ	iShares S&P Mid-Cap 400 Value ETF	Added	72,279	+5,956	$0	−100.0%	0.00%
IJK	iShares S&P Mid-Cap 400 Growth ETF	Added	45,543	+1,574	$0	−100.0%	0.00%
IJS	iShares S&P Small-Cap 600 Value ETF	Added	58,951	+4,723	$0	−100.0%	0.00%
IJT	iShares S&P Small-Cap 600 Growth ETF	Added	46,017	+2,703	$0	−100.0%	0.00%
ISTB	iShares Core 1-5 Year USD Bond ETF	Added	159,811	+6,960	$0	−100.0%	0.00%
IUSG	iShares Core S&P U.S. Growth ETF	Reduced	27,672	-1,445	$0	−100.0%	0.00%
IUSV	iShares Core S&P U.S. Value ETF	Reduced	58,613	-5,182	$0	−100.0%	0.00%
IXUS	iShares Core MSCI Total International Stock ETF	Held	2,111	0	$0	−100.0%	0.00%

Showing the top 50 of 55 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.