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Portfolio (Quarterly) Guide ↗

INDEPENDENT FINANCIAL GROUP, LLC

· CIK 0000275484
13F Portfolio $4.5B AUM 1,447 positions Filed May 15, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 153 New 602 Added 526 Reduced 111 Exited
Page 28 of 31  ·  602 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
541 RSG REPUBLIC SVCS INC Industrials 1,432.0 $314K 0.01% +110.0 +8.3% $219.02 -4.9%
542 PMAR INNOVATOR ETFS TRUST 6,996.0 $312K 0.01% +50.0 +0.7% $44.62 +6.0%
543 LQDW ISHARES TR 12,853.0 $311K 0.01% +2K +19.6% $24.18 -1.9%
544 RVT ROYCE SMALL CAP TRUST INC Financial Services 18,595.0 $309K 0.01% +791.0 +4.4% $16.60 +6.9%
545 BDX BECTON DICKINSON & CO Healthcare 1,943.0 $305K 0.01% +10.0 +0.5% $157.23 -9.5%
546 RY ROYAL BK CDA Financial Services 1,860.0 $301K 0.01% +100.0 +5.7% $161.78 +13.4%
547 DX DYNEX CAP INC Real Estate 23,507.0 $300K 0.01% +2K +8.2% $12.76 +1.6%
548 SLQD ISHARES TR 5,931.0 $299K 0.01% +330.0 +5.9% $50.49 -0.5%
549 SPHD INVESCO EXCH TRADED FD TR II 5,956.0 $295K 0.01% +252.0 +4.4% $49.61 +0.1%
550 CTVA CORTEVA INC Basic Materials 3,520.0 $295K 0.01% +20.0 +0.6% $83.71 -1.8%
551 NZF NUVEEN MUN CR INCOME FD Financial Services 24,124.0 $294K 0.01% +2K +10.1% $12.18 +0.1%
552 VTWV VANGUARD SCOTTSDALE FDS 1,757.0 $294K 0.01% +93.0 +5.6% $167.22 +8.6%
553 DHI D R HORTON INC Consumer Cyclical 2,108.0 $289K 0.01% +669.0 +46.5% $137.22 -1.3%
554 EXR EXTRA SPACE STORAGE INC Real Estate 2,157.0 $283K 0.01% +62.0 +3.0% $131.13 +4.4%
555 CL COLGATE PALMOLIVE CO Consumer Defensive 3,309.0 $282K 0.01% +204.0 +6.6% $85.23 +5.5%
556 ITW ILLINOIS TOOL WKS INC Industrials 1,074.0 $280K 0.01% +94.0 +9.6% $260.29 -4.8%
557 JPIE J P MORGAN EXCHANGE TRADED F 6,022.0 $277K 0.01% +894.0 +17.4% $46.07 -0.4%
558 SLVM SYLVAMO CORP Basic Materials 6,564.0 $277K 0.01% +1K +19.1% $42.24 -11.4%
559 DON WISDOMTREE TR 5,262.0 $276K 0.01% +125.0 +2.4% $52.54 +3.6%
560 ARES ARES MANAGEMENT CORPORATION Financial Services 2,528.0 $276K 0.01% +392.0 +18.4% $109.11 +13.4%
Page 28 of 31  ·  602 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 40.3%
Financial Services 22.1%
Consumer Cyclical 8.1%
Communication Services 7.6%
Industrials 4.6%
Consumer Defensive 3.9%
Healthcare 3.6%
Real Estate 3.5%
Energy 3.1%
Basic Materials 1.8%