INDEPENDENT FINANCIAL GROUP, LLC

CIK

275484

Location

SAN DIEGO, CA

Portfolio Value

Mid $5,306,621,934

Diversification

Diversified

Filing Date

Global Rank

#849 / 8,793 ▲ 35 · as of Jun 2026

Top Industry

Semiconductors 30.1%

Period ended 3 months ago

Filed Jul 15, 2026 · 3mo

26 quarters · since Mar 2020

Portfolio Concentration

865 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

9.5%

+2.0 pts

Top 5

24.3%

+5.4 pts

Top 10

34.8%

+5.7 pts

HHI

215

Diversified+61

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	52.5%	$2,783,779,427	165
Technology	24.3%	$1,288,589,026	121
Financial Services	6.3%	$335,786,626	162
Consumer Cyclical	3.8%	$200,380,447	62
Communication Services	3.2%	$171,836,851	23
Industrials	3.1%	$164,633,226	91
Healthcare	1.8%	$93,907,768	58
Consumer Defensive	1.6%	$83,127,198	30
Real Estate	1.5%	$80,299,213	45
Energy	0.9%	$49,602,814	41
Basic Materials	0.7%	$36,572,837	45
Utilities	0.3%	$18,106,501	22

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
ACYN	FT Vest Laddered Autocallable Barrier & Income ETF	+412,482	1,001,452	$36,965,218
FSCO	FS Credit Opportunities Corp.	+304,604	1,120,115	$5,589,373
EDV	Vanguard World Funds Extended Duration ETF	+283,544	426,460	$54,217,634
AOHY	Angel Oak High Yield Opportunities ETF	+282,254	576,149	$17,181,140
AIRR	First Trust RBA American Industrial Renaissance ETF	+275,800	1,298,925	$71,103,045
FNDA	Schwab Fundamental U.S. Small Company ETF	+268,632	1,561,438	$49,682,991
AAPY	Kurv Yield Premium Strategy Apple (AAPL) ETF	+251,429	1,076,633	$57,957,291
CGCB	Capital Group Core Bond ETF	+233,579	471,551	$11,216,927
VB	Vanguard Morningstar Small-Cap ETF	+219,756	621,248	$157,188,924
ARCC	Ares Capital Corp	+186,965	460,273	$8,528,858
AAPR	Innovator Equity Defined Protection ETF - 2 Yr to April 2028	+180,300	1,941,953	$65,847,965
CAGE	Calamos Autocallable Growth ETF	+174,322	344,597	$9,409,619
AGNG	Global X Funds Global X Aging Population ETF	+168,371	1,025,042	$43,496,408
AGRH	iShares Interest Rate Hedged U.S. Aggregate Bond ETF	+167,470	237,134	$11,968,175
BAI	iShares A.I. Innovation and Tech Active ETF	+166,047	1,231,038	$57,747,962
VXUS	Vanguard Total International Stock ETF	+109,736	197,774	$16,907,699
PPLT	abrdn Platinum ETF Trust	+107,561	116,764	$1,649,875
BPRE	Bluerock Private Real Estate Fund	+97,712	1,254,525	$16,321,370
TACN	T. Rowe Price Active Core International Equity ETF	+94,582	597,344	$26,824,187
BBAG	JPMorgan BetaBuilders U.S. Aggregate Bond ETF	+87,550	1,241,919	$71,807,435
GAB	Gabelli Equity Trust Inc	+78,196	663,866	$3,757,481
ALLW	SSGA Active Trust State Street Bridgewater All Weather ETF	+72,799	327,809	$13,091,992
IVOG	Vanguard S&P Mid-Cap 400 Growth ETF	+68,251	88,309	$8,293,650
AIOO	AllianzIM U.S. Equity Buffer100 Protection ETF	+65,250	488,504	$16,274,422
IVZ	Invesco Ltd.	+61,767	920,052	$59,090,499
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
AFK	VanEck Africa Index ETF	−1,033,728	889,075	$76,862,385
PSEC	Prospect Capital Corp	−974,995	2,485,356	$5,741,172
FSK	FS KKR Capital Corp	−636,229	760,481	$7,985,050
JA	Janus Henderson AA-A CLO ETF	−558,012	274,446	$13,685,763
VOD	Vodafone Group Public Ltd Co	−507,341	469,207	$6,207,608
AAAD	PGIM AAA CLO Aggregate Duration ETF	−490,642	1,024,887	$52,508,957
AGNC	AGNC Investment Corp.	−279,743	412,690	$4,498,321
NLY	Annaly Capital Management Inc	−224,840	89,907	$2,010,320
CAAA	First Trust AAA CMBS ETF	−212,105	1,411,417	$40,256,433
RFI	Cohen & Steers Total Return Realty Fund Inc	−210,339	49,156	$556,445
BIV	Vanguard Intermediate-Term Bond ETF	−148,880	271,461	$20,042,277
PLTR	Palantir Technologies Inc.	−111,414	188,200	$21,957,294
FBRT	Franklin BSP Realty Trust, Inc.	−100,635	32,341	$263,255
T	At&T Inc.	−84,629	121,468	$2,514,387
SLV	iShares Silver Trust	−73,604	209,657	$11,210,359
JQC	Nuveen Credit Strategies Income Fund	−65,098	236,711	$1,150,415
VZ	Verizon Communications Inc	−60,813	136,099	$5,762,431
ANEW	ProShares MSCI Transformational Changes ETF	−60,316	567,297	$42,176,884
GNL	Global Net Lease, Inc.	−59,087	198,391	$1,773,615
GDLC	Grayscale CoinDesk Crypto 5 ETF	−53,187	118,960	$3,139,354
NXH	Neighborhood Intelligence, Inc.	−51,865	240,975	$1,395,245
OPEN	Opendoor Technologies Inc.	−47,200	56,561	$261,311
FSSL	FS Specialty Lending Fund	−45,670	212,854	$2,373,322
VEA	Vanguard FTSE Developed Markets ETF	−44,826	75,652	$5,390,205
OXY	Occidental Petroleum Corp /De/	−44,379	27,927	$1,356,414
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
SPCX	Space Exploration Technologies Corp	33,710	$5,759,690
XOVR	EntrepreneurShares Series Trust ERShares Private-Public Crossover ETF	119,082	$2,506,676
HONA	Honeywell Aerospace Inc.	8,319	$1,839,164
MXL	Maxlinear, Inc	13,995	$1,791,779
FIX	Comfort Systems USA Inc	765	$1,516,191
VSH	Vishay Intertechnology Inc	25,303	$1,360,795
TDC	Teradata Corp /De/	36,225	$1,255,196
MCHP	Microchip Technology Inc	12,649	$1,153,588
NVT	nVent Electric plc	6,381	$1,082,281
BCEM	Baron Emerging Markets Select ETF	42,689	$1,041,611
ARMY	Tema ETF Trust Tema International Defense ETF	33,378	$1,014,023
ADM	Archer-Daniels-Midland Co	13,031	$995,568
MRP	Millrose Properties, Inc.	32,752	$984,197
CLM	Cornerstone Strategic Investment Fund, Inc.	111,901	$845,971
BDVG	IMGP Berkshire Dividend Growth ETF	26,749	$818,786
CSTM	Constellium SE	25,499	$812,653
ASX	ASE Technology Holding Co., Ltd.	17,788	$802,594
VIRT	Virtu Financial, Inc.	13,369	$796,391
CASY	Caseys General Stores Inc	940	$747,102
FDXF	FedEx Freight Holding Company, Inc.	4,279	$646,129
NEXA	Nexa Resources S.A.	51,731	$633,187
ECHO	EchoStar CORP	6,190	$628,285
CNC	Centene Corp	9,720	$623,926
HAS	Hasbro, Inc.	7,404	$611,496
PL	Planet Labs PBC	18,437	$610,817
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
FET	Forum Energy Technologies, Inc.	30,451	$1,786,255
CMRE	Costamare Inc.	95,579	$1,615,285
CALM	Cal-Maine Foods Inc	18,481	$1,462,771
FBUF	Fidelity Dynamic Buffered Equity ETF	43,805	$1,303,580
KALU	Kaiser Aluminum Corp	9,150	$1,102,666
SON	Sonoco Products Co	19,076	$1,031,820
BHP	BHP Group Ltd	12,467	$906,849
FTI	TechnipFMC plc	12,070	$834,399
PEGA	Pegasystems Inc	19,313	$821,961
SFNC	Simmons First National Corp	36,998	$719,611
NTRS	Northern Trust Corp	5,053	$705,247
AEIS	Advanced Energy Industries Inc	2,151	$694,149
SNA	Snap-on Inc	1,835	$666,508
AA	Alcoa Corp	9,285	$615,874
FUTU	Futu Holdings Ltd	4,381	$599,145
HUT	Hut 8 Corp.	11,950	$560,574
CENX	Century Aluminum Co	8,350	$490,061
ACM	Aecom	5,575	$472,871
AXTI	Axt Inc	8,000	$455,840
WYNN	Wynn Resorts Ltd	4,474	$454,334
SIMO	Silicon Motion Technology CORP	4,035	$453,090
IAG	Iamgold Corp	21,458	$403,839
PRLB	Proto Labs Inc	6,915	$394,293
PCB	Pcb Bancorp	16,225	$364,900
GAIN	Gladstone Investment Corporationde	24,978	$354,687
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

865 tracked positions · $5,306,621,934 total · filing declares 1,546 positions · $5,347,543,809 · as of Jun 30, 2026

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

Showing 1–50 of 865 positions by value · page 1 of 18

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAXJ	iShares MSCI All Country Asia ex Japan ETF	Added	4,505,356	+1,488	$503,520,695	—	9.49%
NVDA	Nvidia Corp Technology	Added	1,712,464	+22,158	$342,646,921	+16.2%	6.46%
VB	Vanguard Morningstar Small-Cap ETF	Added	621,248	+219,756	$157,188,924	+36.0%	2.96%
QQQ	Invesco Qqq Trust, Series 1	Added	194,302	+9,644	$143,083,992	+34.2%	2.70%
AAPL	Apple Inc. Technology	Reduced	489,353	-2,734	$141,599,184	+13.4%	2.67%
MU	Micron Technology Inc Technology	Added	111,056	+25,781	$128,190,830	+345.0%	2.42%
BWX	State Street SPDR Bloomberg International Treasury Bond ETF	Added	1,691,292	+52,929	$120,282,148	+16.8%	2.27%
AVGO	Broadcom Inc. Technology	Added	316,698	+6,577	$119,632,669	+24.6%	2.25%
GOOGL	Alphabet Inc. Communication Services	Added	269,695	+9,572	$95,766,527	+28.2%	1.80%
AMZN	Amazon Com Inc Consumer Cyclical	Added	398,253	+15,173	$94,919,620	+19.0%	1.79%
XLBI	State Street Materials Select Sector SPDR Premium Income ETF	Reduced	772,095	-39,883	$92,678,677	+21.0%	1.75%
SPY	Spdr S&P 500 ETF Trust	Added	107,744	+1,659	$80,459,986	+16.6%	1.52%
AFK	VanEck Africa Index ETF	Reduced	889,075	-1,033,728	$76,862,385	+3.1%	1.45%
MSFT	Microsoft Corp Technology	Added	193,067	+7,956	$72,017,852	+5.1%	1.36%
BBAG	JPMorgan BetaBuilders U.S. Aggregate Bond ETF	Added	1,241,919	+87,550	$71,807,435	+11.0%	1.35%
AAAP	Pacer Barings CLO Market Flex ETF	Added	1,513,528	+43,310	$71,389,406	+4.7%	1.35%
AIRR	First Trust RBA American Industrial Renaissance ETF	Added	1,298,925	+275,800	$71,103,045	+27.3%	1.34%
AAPR	Innovator Equity Defined Protection ETF - 2 Yr to April 2028	Added	1,941,953	+180,300	$65,847,965	+19.0%	1.24%
IVZ	Invesco Ltd. Financial Services	Added	920,052	+61,767	$59,090,499	+34.2%	1.11%
AAPY	Kurv Yield Premium Strategy Apple (AAPL) ETF	Added	1,076,633	+251,429	$57,957,291	+43.5%	1.09%
BAI	iShares A.I. Innovation and Tech Active ETF	Added	1,231,038	+166,047	$57,747,962	+37.6%	1.09%
EDV	Vanguard World Funds Extended Duration ETF	Added	426,460	+283,544	$54,217,634	+129.2%	1.02%
AAAD	PGIM AAA CLO Aggregate Duration ETF	Reduced	1,024,887	-490,642	$52,508,957	−32.3%	0.99%
AFGR	First Trust Active Factor Large Cap Growth ETF	Reduced	1,471,439	-20,800	$52,174,692	+5.6%	0.98%
ABI	VictoryShares Pioneer Asset-Based Income ETF	Added	450,353	+55,222	$50,809,309	+40.3%	0.96%
FNDA	Schwab Fundamental U.S. Small Company ETF	Added	1,561,438	+268,632	$49,682,991	+32.2%	0.94%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	98,811	+9,776	$47,189,169	+56.8%	0.89%
AMD	Advanced Micro Devices Inc Technology	Added	77,002	+299	$44,731,231	+186.7%	0.84%
AGNG	Global X Funds Global X Aging Population ETF	Added	1,025,042	+168,371	$43,496,408	+34.6%	0.82%
ANEW	ProShares MSCI Transformational Changes ETF	Reduced	567,297	-60,316	$42,176,884	—	0.79%
CAAA	First Trust AAA CMBS ETF	Reduced	1,411,417	-212,105	$40,256,433	−10.1%	0.76%
TSLA	Tesla, Inc. Consumer Cyclical	Added	91,049	+3,260	$38,295,209	+17.3%	0.72%
ACYN	FT Vest Laddered Autocallable Barrier & Income ETF	Added	1,001,452	+412,482	$36,965,218	+35.1%	0.70%
SNDK	Sandisk Corp Technology	Added	15,656	+9,166	$35,597,516	+763.3%	0.67%
CGDV	Capital Group Dividend Value ETF	Added	686,551	+54,124	$33,833,233	+25.8%	0.64%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	34,019	-868	$31,823,753	−8.5%	0.60%
META	Meta Platforms, Inc. Communication Services	Reduced	52,096	-5,547	$29,345,155	−11.0%	0.55%
GLD	Spdr Gold Trust	Reduced	73,460	-7,236	$27,061,194	−22.1%	0.51%
BKF	iShares MSCI BIC ETF	Added	237,835	+56,004	$26,834,374	+96.0%	0.51%
TACN	T. Rowe Price Active Core International Equity ETF	Added	597,344	+94,582	$26,824,187	+38.4%	0.51%
PLTR	Palantir Technologies Inc. Technology	Reduced	188,200	-111,414	$21,957,294	−49.9%	0.41%
VIGI	Vanguard International Dividend Appreciation ETF	Reduced	176,352	-9,699	$21,826,866	+1.9%	0.41%
		Reduced	225,563	-3,114	$21,527,969	+28.6%	0.41%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	39,609	+1,982	$20,568,297	+9.7%	0.39%
BIV	Vanguard Intermediate-Term Bond ETF	Reduced	271,461	-148,880	$20,042,277	−35.5%	0.38%
ACKY	VistaShares Target 15 ACKtivist Distribution ETF	Added	650,115	+56,288	$19,391,500	+24.7%	0.37%
CAT	Caterpillar Inc Industrials	Added	18,157	+2,200	$19,335,389	+71.0%	0.36%
		Reduced	218,026	-4,239	$19,209,826	−5.9%	0.36%
MRVL	Marvell Technology, Inc. Technology	Added	62,654	+45,857	$18,664,000	+1021.8%	0.35%
WMT	Walmart Inc. Consumer Defensive	Reduced	158,800	-4,934	$17,985,688	−11.6%	0.34%

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.