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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 8 of 31  ·  602 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
141 XLP SELECT SECTOR SPDR TR 45,427.0 $3.7M 0.08% +2K +3.5% $81.98 +4.8%
142 AMLP ALPS ETF TR 70,629.0 $3.7M 0.08% +2K +3.2% $52.64 +3.5%
143 VBR VANGUARD INDEX FDS 17,091.0 $3.7M 0.08% +1K +9.0% $217.25 +5.1%
144 IDMO INVESCO EXCH TRADED FD TR II 67,319.0 $3.7M 0.08% +13K +23.8% $54.84 +7.9%
145 BLK BLACKROCK INC Financial Services 3,750.0 $3.6M 0.08% +33.0 +0.9% $961.69 +12.5%
146 RWL INVESCO EXCH TRADED FD TR II 31,351.0 $3.6M 0.08% +9K +40.7% $114.91 +8.8%
147 FIXD FIRST TR EXCHNG TRADED FD VI 82,235.0 $3.6M 0.08% +23K +39.1% $43.59 -0.9%
148 IEZ ISHARES TR 123,096.0 $3.6M 0.08% +4K +3.2% $28.95 +12.4%
149 DBEF DBX ETF TR 71,959.0 $3.6M 0.08% +3K +3.7% $49.40 +5.2%
150 CALF PACER FDS TR 78,854.0 $3.5M 0.08% +4K +4.7% $44.87 +5.5%
151 SPEM SPDR INDEX SHS FDS 75,251.0 $3.5M 0.08% +13K +21.6% $46.91 +8.6%
152 PFE PFIZER INC Healthcare 125,583.0 $3.5M 0.08% +1K +0.9% $28.08 -9.8%
153 VO VANGUARD INDEX FDS 12,250.0 $3.5M 0.08% +2K +16.8% $287.19 -73.3%
154 DIVB ISHARES TR 64,592.0 $3.5M 0.08% +3K +4.5% $53.95 +9.2%
155 AMGN AMGEN INC Healthcare 9,868.0 $3.5M 0.08% +159.0 +1.6% $351.84 -7.8%
156 XLB SELECT SECTOR SPDR TR 68,858.0 $3.4M 0.08% +37K +114.9% $49.97 +0.5%
157 TLT ISHARES TR 39,412.0 $3.4M 0.08% +9K +27.7% $86.69 -3.6%
158 O REALTY INCOME CORP Real Estate 55,721.0 $3.4M 0.08% +8K +16.4% $61.18 -0.1%
159 EMB ISHARES TR 36,128.0 $3.4M 0.08% +19K +112.8% $93.93 +0.7%
160 MO ALTRIA GROUP INC Consumer Defensive 51,266.0 $3.4M 0.08% +2K +5.0% $65.99 +10.8%
Page 8 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%