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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 6 of 27  ·  526 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
101 CEG CONSTELLATION ENERGY CORP Utilities 11,079.0 $3.1M 0.07% -3K -19.0% $279.25 -6.3%
102 FNGO BANK MONTREAL MEDIUM Financial Services 35,137.0 $3.1M 0.07% -7K -17.1% $87.25 +49.9%
103 XLG INVESCO EXCHANGE TRADED FD T 55,220.0 $3.0M 0.07% -2K -3.9% $54.55 +16.2%
104 SHY ISHARES TR 36,038.0 $3.0M 0.07% -4K -10.6% $82.57 -0.6%
105 JTEK J P MORGAN EXCHANGE TRADED F 37,304.0 $3.0M 0.07% -8K -17.6% $79.54 +26.6%
106 VT VANGUARD INTL EQUITY INDEX F 21,409.0 $3.0M 0.07% -4K -17.1% $138.32 +10.8%
107 BINC BLACKROCK ETF TRUST II 56,016.0 $2.9M 0.07% -25K -30.9% $51.93 +0.1%
108 PECO PHILLIPS EDISON & CO INC Real Estate 77,710.0 $2.9M 0.07% -1K -1.7% $37.42 +6.5%
109 APP APPLOVIN CORP Technology 7,291.0 $2.9M 0.07% -4K -33.4% $398.00 +23.2%
110 ARTY ISHARES TR 62,141.0 $2.9M 0.07% -17K -21.6% $46.53 +37.9%
111 SCCO SOUTHERN COPPER CORP Basic Materials 16,495.0 $2.8M 0.06% -14K -46.2% $172.06 +0.0%
112 GBTC GRAYSCALE BITCOIN TRUST ETF Financial Services 52,348.0 $2.8M 0.06% -2K -2.9% $52.76 +12.4%
113 BKIE BNY MELLON ETF TRUST 29,251.0 $2.7M 0.06% -4K -11.0% $93.43 +4.8%
114 GD GENERAL DYNAMICS CORP Industrials 7,850.0 $2.7M 0.06% -1K -15.5% $343.22 -1.3%
115 TCAF T ROWE PRICE ETF INC 73,108.0 $2.6M 0.06% -5K -6.3% $35.59 +12.2%
116 DOC HEALTHPEAK PROPERTIES INC Real Estate 157,837.0 $2.6M 0.06% -21K -11.5% $16.43 +18.7%
117 GLDM WORLD GOLD TR Financial Services 26,883.0 $2.5M 0.06% -5K -16.4% $92.69 -2.9%
118 ZS ZSCALER INC Technology 17,663.0 $2.5M 0.06% -1K -7.6% $140.29 +24.9%
119 VV VANGUARD INDEX FDS 8,272.0 $2.5M 0.06% -218.0 -2.6% $298.85 +13.3%
120 USA LIBERTY ALL STAR EQUITY FD Financial Services 445,126.0 $2.5M 0.06% -33K -6.8% $5.55 +3.0%
Page 6 of 27  ·  526 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%