IW
Independent Wealth Advisors LLC Quarterly 13F Portfolio Update (Q2 2026)
Independent Wealth Advisors LLCCIK: 0002136099
Diversified strategySector-focusedMomentum follower
Total reported value
$110.5M
Reporting period: 2026-06-30 · Number of holdings: 77
Independent Wealth Advisors LLC disclosed 77 holdings in its latest 13F filing for the period ending 2026-06-30, with total reported value of $110.5M and a quarterly turnover rate of 20.8%.
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Personality snowflake
- Concentration
- 14.26
- Portfolio Stability
- 20.79
- Momentum
- 100
- Sector conviction
- 100
- Diversification
- 100
- Sizing Uniformity
- 86.7
Independent Wealth Advisors LLC's disclosed holdings carry a Herfindahl concentration index of 0.036 — mathematically equivalent to about 28 equally-sized positions, well below its 77 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 1.33), with a handful of outsized bets alongside many smaller positions.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Sector classification currently covers about 3% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.
Source and citation information
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Recent moves
View source Form 13F filing on SEC.govTrim GLD
-0.5% -$1.7M
Add SHY
+62.5% $2.4M
Trim CSHI
-17.6% -$1.1M
Trim CDX
-55.2% -$1.2M
Trim USFR
-7.8% -$439.5K
Trim SLV
-0.9% -$655.0K
Holdings Map
New buyAddUnchangedTrim
* This report is exclusively curated by the AlphaSMO team. AlphaSMO is the web's most authoritative 13F / Inside Trader database, delivering precise insider trading and institutional holdings insights.
Top 10 holdings by weight
Full holdings list this quarter
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | GLD | Spdr Gold Shares | ETF-Commodities | 8.80% | -2.41% | -0.51% | |
| 2 | HEQT | Simplify Hedged Equity ETF | ETF-Other | 6.22% | +0.47% | +10.24% | |
| 3 | SHY | Ishares 1-3 Year Treasury Bo | ETF-Gov Bonds | 5.76% | +1.89% | +62.51% | |
| 4 | SPD | Simplify US Eqty Plus Down | ETF-Other | 5.62% | +0.30% | +0.49% | |
| 5 | CSHI | Neos Enhanced Income 1-3 Mon | ETF-Other | 4.76% | -1.51% | -17.62% | |
| 6 | USFR | Wisdomtree Floating Rate Tre | ETF-Other | 4.68% | -0.83% | -7.85% | |
| 7 | NOBL | Proshares S&p 500 Dividend A | ETF-Large Cap & Growth | 4.65% | — | +105.23% | |
| 8 | HOLA | JPM Intll Hdg Eq Lddr Ovrly | ETF-Other | 4.64% | +0.19% | +7.58% | |
| 9 | SSUS | Day Hagan Smart Sector ETF | ETF-Other | 3.87% | +0.42% | +2.61% | |
| 10 | MGC | Vanguard Mega Cap ETF | ETF-Other | 3.31% | +0.19% | -0.77% | |
| 11 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-Large Cap & Growth | 3.05% | +0.21% | +1.58% | |
| 12 | IAU | Ishares Gold Trust | ETF-Commodities | 2.96% | -0.72% | +1.95% | |
| 13 | MGK | Vanguard Mega Cap Growth ETF | ETF-Other | 2.14% | +0.06% | +365.55% | |
| 14 | SLV | Ishares Silver Trust | ETF-Commodities | 2.07% | -0.82% | -0.92% | |
| 15 | RSP | Invesco S&p 500 Equal Weight | ETF-Large Cap & Growth | 1.98% | +0.40% | +22.73% | |
| 16 | BSJQ | Invesco Bulletshares 2026 Hy | ETF-Other | 1.83% | -0.16% | +0.71% | |
| 17 | BSJR | Invesco Bulletshares 2027 Hy | ETF-Other | 1.78% | -0.11% | +2.15% | |
| 18 | PSCI | Invesco S&p Smallcap Industr | ETF-Other | 1.54% | +0.17% | +0.74% | |
| 19 | HDV | Ishares Core High Dividend E | ETF-Other | 1.52% | -0.06% | +417.73% | |
| 20 | BSJS | Invesco Bulletshares 2028 Hy | ETF-Other | 1.40% | -0.05% | +4.68% | |
| 21 | IXUS | Ishares Core Intl Stock ETF | ETF-Other | 1.27% | +0.36% | +37.24% | |
| 22 | AAPL | Apple Inc | Stock-Tech | 1.20% | +0.09% | +2.97% | |
| 23 | VTV | Vanguard Value ETF | ETF-Other | 1.13% | +0.02% | +0.17% | |
| 24 | VBR | Vanguard Small-cap Value ETF | ETF-Other | 1.10% | -0.08% | -9.66% | |
| 25 | VT | Vanguard Tot World Stk ETF | ETF-Other | 1.04% | +0.04% | -0.23% | |
| 26 | IOO | Ishares Global 100 ETF | ETF-Other | 0.95% | +0.06% | +2.39% | |
| 27 | ALLW | State Street Brgwtr All Wthr | ETF-Other | 0.90% | +0.45% | +116.29% | |
| 28 | CDX | Simplify High Yield ETF | ETF-High Yield | 0.88% | -1.27% | -55.22% | |
| 29 | HDG | Proshares Hedge Replicat ETF | ETF-Other | 0.86% | +0.57% | +201.26% | |
| 30 | TCAF | T Rowe Prc Cap Appreciation | ETF-Other | 0.80% | +0.06% | +2.87% | |
| 31 | IWM | Ishares Russell 2000 ETF | ETF-Small Cap | 0.80% | +0.12% | +5.84% | |
| 32 | ITA | Ishares U.s. Aerospace & Def | ETF-Other | 0.73% | -0.01% | -2.62% | |
| 33 | PSI | Invesco Semiconductors ETF | ETF-Other | 0.68% | +0.31% | — | |
| 34 | MGV | Vanguard Mega Cap Value ETF | ETF-Other | 0.65% | -0.04% | -10.25% | |
| 35 | VOE | Vanguard Mid-cap Value ETF | ETF-Other | 0.65% | +0.01% | +2.41% | |
| 36 | SGOV | Ishares 0-3 Month Treasury B | ETF-Gov Bonds | 0.57% | -0.05% | +0.38% | |
| 37 | QQQ | Invesco Qqq Trust Series 1 | ETF-Tech | 0.57% | -0.06% | -22.44% | |
| 38 | VEU | Vanguard Ftse All-world Ex-u | ETF-Other | 0.55% | +0.05% | +5.91% | |
| 39 | CARY | Angel Oak Income ETF | ETF-Other | 0.55% | — | +8.39% | |
| 40 | SCHD | Schwab US Dvd Equity ETF | ETF-Other | 0.46% | -0.02% | +0.34% | |
| 41 | IWB | Ishares Russell 1000 ETF | ETF-Other | 0.45% | +0.02% | -0.99% | |
| 42 | VO | Vanguard Mid-cap ETF | ETF-Other | 0.44% | +0.01% | +300.20% | |
| 43 | MSFT | Microsoft CORP | Stock-Tech | 0.44% | -0.02% | +1.58% | |
| 44 | IJR | Ishares Core S&p Small-cap E | ETF-Small Cap | 0.43% | +0.21% | +75.30% | |
| 45 | VB | Vanguard Small-cap ETF | ETF-Other | 0.42% | +0.02% | +0.26% | |
| 46 | GDX | Vaneck Gold Miners ETF | ETF-Commodities | 0.42% | -0.14% | -2.40% | |
| 47 | SMH | Vaneck Semiconductor ETF | ETF-Other | 0.40% | +0.40% | NEW | |
| 48 | VGT | Vanguard Info Tech ETF | ETF-Tech | 0.37% | +0.08% | +700.24% | |
| 49 | IVE | Ishares S&p 500 Value ETF | ETF-Large Cap & Growth | 0.35% | — | +1.00% | |
| 50 | VWO | Vanguard Ftse Emerging Marke | ETF-Emerging Markets | 0.35% | +0.03% | +7.13% |
1–50 of 77
Portfolio Performance
Performance for Q3 2026
+1.2%
Performance Last 4 Quarters
+1.3%
- Stdev
- +13%
- Beta
- +0.62
- Alpha
- -12%
- Max Drawdown
- -2.1%
- Annualized Perf
- +2.7%
- Batting Avg vs S&P
- +33.3%
- Sortino
- +0.39
- Stutzer
- +0.08
- Treynor
- +0.05
- Sterling
- —
- Calmar
- +1.26
- Information Ratio
- -2.34
- Tracking Error
- +9.1%
- Stdev Down
- +8.7%
- Winning Months %
- +50%
- Losing Months %
- +50%
- Best 12 Months
- —
- Worst 12 Months
- —
- Efficiency Ratio
- +0.08
- Sharpe
- +0.26
- Stdev Sectors
- +26.2%
- Skewness
- -0.62
- Kurtosis
- -0.93
- Upside Potential
- +2.2
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
Holding changes this quarter
Independent Wealth Advisors LLC's most significant position changes for 2026-06-30: New buy: Vaneck Semiconductor ETF (SMH); New buy: Exxon Mobil CORP (XOM); New buy: Ishrs Ai In And Tech Act ETF (BAI); Sold out: Ss Spdr Dow Jones Indus Avg (DIA); Sold out: Vanguard Dividend Apprec ETF (VIG).
1–50 of 80
Filing History
FAQ
What is Independent Wealth Advisors LLC and what type of investor is it?
Independent Wealth Advisors LLC is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-06-30), the firm manages a tracked equity portfolio valued at approximately $110.5M, spread across 77 disclosed positions.
What are Independent Wealth Advisors LLC's largest equity positions?
Based on the latest 13F filing, Independent Wealth Advisors LLC's top holdings by market value are:
1. Spdr Gold Shares (GLD) — $9.7M (8.8%)
2. Simplify Hedged Equity ETF (HEQT) — $6.9M (6.2%)
3. Ishares 1-3 Year Treasury Bo (SHY) — $6.4M (5.8%)
4. Simplify US Eqty Plus Down (SPD) — $6.2M (5.6%)
5. Neos Enhanced Income 1-3 Mon (CSHI) — $5.3M (4.8%)
What changes did Independent Wealth Advisors LLC make in its most recent portfolio filing?
In the latest reported quarter, Independent Wealth Advisors LLC made 76 notable position adjustments: 10 new positions were initiated, 45 existing holdings were added to, 18 positions were partially reduced, and 3 were completely exited. The largest of these moves: New buy: Vaneck Semiconductor ETF (SMH); New buy: Exxon Mobil CORP (XOM); New buy: Ishrs Ai In And Tech Act ETF (BAI); Sold out: Ss Spdr Dow Jones Indus Avg (DIA); Sold out: Vanguard Dividend Apprec ETF (VIG)
What sectors does Independent Wealth Advisors LLC focus on?
Independent Wealth Advisors LLC is concentrated in the following sectors based on its current disclosed equity portfolio:
• Information Technology: 70.2%
• Communication Services: 18.6%
• Energy: 11.2%
Investment Profile
Independent Wealth Advisors LLC returned an annualized 2.7% over the trailing 6 months — underperforming the S&P 500 by 12.0 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 0.62 (less volatile than the market) and a 33% quarterly batting average against the index.
Its portfolio is broadly diversified and moderately active, with 70.2% of the portfolio concentrated in Information Technology.
Its turnover score has risen from 0 to 21 over the past 2 quarters — a shift toward more active trading.
It has added to its SHY position over the past two quarters (+$2.8M, now $6.4M), while trimming USFR over the same stretch (-$1.7M, still holding $5.2M).
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