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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 5 of 31  ·  602 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
81 CSHI NEOS ETF TRUST 132,920.0 $6.6M 0.15% +111K +494.2% $49.78 -0.1%
82 XLV SELECT SECTOR SPDR TR 44,887.0 $6.6M 0.15% +7K +19.5% $146.61 -1.5%
83 PAVE GLOBAL X FDS 128,447.0 $6.5M 0.15% +10K +8.7% $50.81 +8.6%
84 MTUM ISHARES TR 27,051.0 $6.5M 0.15% +2K +8.9% $239.99 +25.0%
85 USMV ISHARES TR 69,319.0 $6.4M 0.14% +3K +5.1% $92.74 +2.3%
86 TJX TJX COS INC NEW Consumer Cyclical 39,996.0 $6.4M 0.14% +256.0 +0.6% $159.70 -6.9%
87 SPMD SPDR SERIES TRUST 107,351.0 $6.4M 0.14% +2K +1.6% $59.22 +7.0%
88 SPAB SPDR SERIES TRUST 236,874.0 $6.1M 0.14% +11K +4.9% $25.62 -1.3%
89 MRK MERCK & CO INC Healthcare 50,132.0 $6.0M 0.14% +2K +4.0% $120.29 -7.5%
90 T AT&T INC Communication Services 206,097.0 $6.0M 0.13% +81K +65.1% $28.99 -17.0%
91 PFF ISHARES TR 191,640.0 $5.8M 0.13% +4K +2.2% $30.32 +2.9%
92 BXMT BLACKSTONE MORTGAGE TRUST IN Real Estate 302,797.0 $5.8M 0.13% +24K +8.5% $19.15 -5.4%
93 ISRG INTUITIVE SURGICAL INC Healthcare 12,575.0 $5.8M 0.13% +3K +29.3% $460.99 -8.0%
94 XLU SELECT SECTOR SPDR TR 125,907.0 $5.8M 0.13% +2K +1.5% $45.89 -4.1%
95 MBB ISHARES TR 60,582.0 $5.8M 0.13% +2K +2.7% $94.95 -1.4%
96 SKYY FIRST TR EXCHANGE-TRADED FD 51,618.0 $5.6M 0.13% +1K +2.2% $109.36 +17.0%
97 FIRST TR EXCHANGE-TRADED FD 207,309.0 $5.5M 0.12% +14K +7.3% $26.56
98 TIP ISHARES TR 49,683.0 $5.5M 0.12% +4K +8.0% $110.36 +0.2%
99 STWD STARWOOD PPTY TR INC Real Estate 317,206.0 $5.5M 0.12% +24K +8.3% $17.22 -1.8%
100 GDLC GRAYSCALE COINDESK CRYPTO Financial Services 172,147.0 $5.4M 0.12% +9K +5.4% $31.19 +10.5%
Page 5 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%