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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 73  ·  1,447 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
141 IUSB ISHARES TR 143,675.0 $6.6M 0.15% +5K +3.8% $46.19 -1.1%
142 CSHI NEOS ETF TRUST 132,920.0 $6.6M 0.15% +111K +494.2% $49.78 -0.1%
143 XLV SELECT SECTOR SPDR TR 44,887.0 $6.6M 0.15% +7K +19.5% $146.61 -0.9%
144 PAVE GLOBAL X FDS 128,447.0 $6.5M 0.15% +10K +8.7% $50.81 +7.8%
145 MTUM ISHARES TR 27,051.0 $6.5M 0.15% +2K +8.9% $239.99 +22.3%
146 USMV ISHARES TR 69,319.0 $6.4M 0.14% +3K +5.1% $92.74 +2.9%
147 EPD ENTERPRISE PRODS PARTNERS L Energy 168,864.0 $6.4M 0.14% -24K -12.4% $37.84 +4.9%
148 TJX TJX COS INC NEW Consumer Cyclical 39,996.0 $6.4M 0.14% +256.0 +0.6% $159.70 -6.0%
149 SPMD SPDR SERIES TRUST 107,351.0 $6.4M 0.14% +2K +1.6% $59.22 +6.9%
150 LVHI LEGG MASON ETF INVT 154,367.0 $6.3M 0.14% -3K -2.1% $40.54 +1.8%
151 BALT INNOVATOR ETFS TRUST 182,302.0 $6.1M 0.14% -24K -11.6% $33.47 +1.8%
152 SPAB SPDR SERIES TRUST 236,874.0 $6.1M 0.14% +11K +4.9% $25.62 -1.4%
153 MRK MERCK & CO INC Healthcare 50,132.0 $6.0M 0.14% +2K +4.0% $120.29 -7.0%
154 T AT&T INC Communication Services 206,097.0 $6.0M 0.13% +81K +65.1% $28.99 -15.6%
155 PFF ISHARES TR 191,640.0 $5.8M 0.13% +4K +2.2% $30.32 +2.7%
156 BXMT BLACKSTONE MORTGAGE TRUST IN Real Estate 302,797.0 $5.8M 0.13% +24K +8.5% $19.15 -4.2%
157 ISRG INTUITIVE SURGICAL INC Healthcare 12,575.0 $5.8M 0.13% +3K +29.3% $460.99 -6.1%
158 XLU SELECT SECTOR SPDR TR 125,907.0 $5.8M 0.13% +2K +1.5% $45.89 -5.0%
159 MBB ISHARES TR 60,582.0 $5.8M 0.13% +2K +2.7% $94.95 -1.5%
160 GSLC GOLDMAN SACHS ETF TR 45,768.0 $5.7M 0.13% -343.0 -0.7% $125.13 +11.7%
Page 8 of 73  ·  1,447 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%