Indie Asset Partners, LLC SEC 13F Disclosure Analysis

CIK: 0001802244

Diversified strategyMomentum followerQuality / disciplined sizing

Total reported value

$87.8M

Reporting period: 2026-03-31 · Number of holdings: 83

Indie Asset Partners, LLC disclosed 83 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $87.8M and a quarterly turnover rate of 22.2%.

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Personality snowflake

Concentration: 14.46
Portfolio Stability: 22.23
Momentum/Contrarian: 100
Sector conviction: 62.04
Diversification: 100
Sizing Uniformity: 85.77

Indie Asset Partners, LLC's disclosed holdings carry a Herfindahl concentration index of 0.036 — mathematically equivalent to about 28 equally-sized positions, well below its 83 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 1.42), 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 42% 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.

Recent moves

Trim LLY
-19.6%　-$3.9M
Trim USO
-90.5%　-$1.7M
Trim DUK
-70.9%　-$1.4M
Add AAPL
+28.3%　$1.2M
Add PAAA
+14.6%　$709.7K
Add VEU
+8.7%　$653.0K

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	LLY	Eli Lilly & Co	Stock-Healthcare	9.72%	-4.10%	-19.61%
2	AAPL	Apple INC	Stock-Tech	7.94%	+1.46%	+28.35%
3	VEU	Vanguard Ftse All-world Ex-u	ETF-Other	7.52%	+0.89%	+8.71%
4	PAAA	Pgim Aaa Clo ETF	ETF-Other	6.43%	+0.93%	+14.57%
5	MSFT	Microsoft CORP	Stock-Tech	3.44%	-0.67%	+7.10%
6	ITA	Ishares U.s. Aerospace & Def	ETF-Other	3.30%	+0.35%	+7.18%
7	VDE	Vanguard Energy ETF	ETF-Other	2.93%	+0.78%	-2.94%
8	DFIS	Dimensional International Sm	ETF-Other	2.74%	+0.21%	+3.74%
9	NVDA	Nvidia CORP	Stock-Tech	2.60%	-0.10%	+0.73%
10	SCHE	Schwab Emrg Mrkts Eqty ETF	ETF-Other	2.34%	+0.52%	+25.48%
11	SLYV	Ss Spdr S&p 600 Sc Val ETF	ETF-Other	2.33%	—	-2.21%
12	SCHG	Schwab US Large-cap Growth	ETF-Other	2.04%	-0.30%	-4.14%
13	SCHD	Schwab US Dvd Equity ETF	ETF-Other	1.95%	+0.33%	+5.23%
14	IYT	Ishares US Transportation Et	ETF-Other	1.81%	+0.50%	+35.00%
15	IGPT	Invesco Ai And Next Gen Soft	ETF-Other	1.69%	-0.04%	-2.14%
16	AMZN	Amazon.com INC	Stock-Consumer Disc	1.63%	-0.07%	+3.61%
17	DNP	Dnp Select Income Fund INC	Stock-Financials	1.58%	+0.72%	+74.70%
18	GDX	Vaneck Gold Miners ETF	ETF-Commodities	1.55%	+0.13%	—
19	IVV	Ishares Core S&p 500 ETF	ETF-Large Cap & Growth	1.50%	—	-0.10%
20	DYNF	Ishrs US E F R A Etf-usd INC	ETF-Other	1.40%	+0.27%	+26.67%
21	JPM	Jpmorgan Chase & Co	Stock-Financials	1.37%	-0.05%	+3.43%
22	FBND	Fidelity Total Bond ETF	ETF-Other	1.34%	+0.27%	+24.40%
23	SLYG	Ss Spdr S&p 600 Sc Gr ETF	ETF-Other	1.31%	—	-3.05%
24	CVX	Chevron CORP	Stock-Energy	1.22%	+0.40%	+7.13%
25	GLD	Spdr Gold Shares	ETF-Commodities	1.20%	+0.14%	+1.96%
26	AMLP	Alerian Mlp ETF	ETF-Other	1.08%	+0.17%	+2.87%
27	SCHB	Schwab US Broad Market ETF	ETF-Other	1.01%	-0.10%	-7.08%
28	VOO	Vanguard S&p 500 ETF	ETF-Large Cap & Growth	0.91%	—	+1.21%
29	SPY	Ss Spdr S&p 500 ETF Trust-us	ETF-Large Cap & Growth	0.87%	-0.08%	-6.69%
30	QUAL	Ishares Msci USA Quality Fac	ETF-Other	0.86%	—	+9.13%
31	V	Visa Inc-class A Shares	Stock-Financials	0.78%	+0.24%	+63.07%
32	VUG	Vanguard Growth ETF	ETF-Other	0.78%	—	+14.64%
33	DUK	Duke Energy CORP	Stock-Utilities	0.78%	-1.56%	-70.90%
34	SPSM	Ss Spdr P S&p 600 Small Cap	ETF-Small Cap	0.75%	—	+0.01%
35	VTV	Vanguard Value ETF	ETF-Other	0.73%	+0.12%	+14.94%
36	BRK-B	Berkshire Hathaway Inc-cl B	Stock-Other	0.70%	—	+2.72%
37	TSLA	Tesla INC	Stock-Consumer Disc	0.65%	-0.12%	-0.32%
38	IJH	Ishares Core S&p Midcap ETF	ETF-Other	0.60%	+0.09%	+12.34%
39	VIG	Vanguard Dividend Apprec ETF	ETF-Other	0.60%	—	+5.87%
40	VTI	Vanguard Total Stock Mkt ETF	ETF-Other	0.58%	—	-4.95%
41	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	0.58%	—	-3.34%
42	IYH	Ishares U.s. Healthcare ETF	ETF-Other	0.58%	-0.19%	-22.34%
43	META	Meta Platforms Inc-class A	Stock-Comm Services	0.57%	-0.15%	-11.70%
44	AESI	Atlas Energy Solutions INC	Stock-Other	0.55%	+0.10%	-14.47%
45	CEF	Sprott Physical Gold And Sil	Stock-Other	0.55%	—	-4.73%
46	EFV	Ishares Msci Eafe Value ETF	ETF-Other	0.55%	+0.15%	+28.45%
47	CMCSA	Comcast Corp-class A	Stock-Comm Services	0.55%	—	—
48	GOOG	Alphabet Inc-cl C	Stock-Comm Services	0.47%	—	+0.35%
49	TPL	Texas Pacific Land CORP	Stock-Energy	0.47%	+0.15%	-12.12%
50	SCHF	Schwab Intl Equity ETF	ETF-Other	0.45%	+0.09%	+20.01%

1–50 of 83

Portfolio Performance

Performance for Q3 2026

+3.4%

Performance Last 4 Quarters

+21.9%

Based on 71% of reported portfolio value with available pricing

Stdev: +12.6%
Beta: +0.76
Alpha: +3.4%
Max Drawdown: -3.8%
Annualized Perf: +14%
Batting Avg vs S&P: +57.1%
Sortino: +1.99
Stutzer: +0.33
Treynor: +0.18
Sterling: +1.02
Calmar: +3.69
Information Ratio: 0
Tracking Error: +6.6%
Stdev Down: +7%
Winning Months %: +64.3%
Losing Months %: +35.7%
Best 12 Months: +27.5%
Worst 12 Months: +16.9%
Efficiency Ratio: +0.37
Sharpe: +1.11
Stdev Sectors: +10.3%
Skewness: -0.34
Kurtosis: -0.81
Upside Potential: +3.72

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	83	$87.8M	22	1LLY 2AAPL 3VEU Top holdings2026-03-31 1.LLY 2.AAPL 3.VEU 4.PAAA 5.MSFT 6.ITA 7.VDE 8.DFIS 9.NVDA 10.SCHE
2025-12-31	81	$89.7M	25	1LLY 2VEU 3AAPL Top holdings2025-12-31 1.LLY 2.VEU 3.AAPL 4.PAAA 5.MSFT 6.ITA 7.NVDA 8.DFIS 9.USO 10.DUK
2025-09-30	78	$75.1M	100	1LLY 2VEU 3AAPL Top holdings2025-09-30 1.LLY 2.VEU 3.AAPL 4.MSFT 5.NVDA 6.PAAA 7.ITA 8.DFIS 9.SLYV 10.VDE
2025-06-30	67	$55.0M	0	1VEU 2AAPL 3MSFT Top holdings2025-06-30 1.VEU 2.AAPL 3.MSFT 4.NVDA 5.VDE 6.DFIS 7.SLYV 8.SCHG 9.SCHD 10.SCHE
2025-03-31	96	$115.4M	100	1LLY 2AAPL 3MSFT Top holdings2025-03-31 1.LLY 2.AAPL 3.MSFT 4.META 5.VDE 6.SLYV 7.SCHD 8.SCHG 9.GBTC 10.NVDA
2024-12-31	115	$127.3M	0	1LLY 2AAPL 3MSFT Top holdings2024-12-31 1.LLY 2.AAPL 3.MSFT 4.META 5.SLYV 6.GBTC 7.NVDA 8.VDE 9.AMZN 10.SCHG
2024-09-30	116	$133.5M	0	1LLY 2AAPL 3MSFT Top holdings2024-09-30 1.LLY 2.AAPL 3.MSFT 4.META 5.SLYV 6.VDE 7.NVDA 8.SCHD 9.AESI 10.SCHG
2024-06-30	101	$125.6M	0	1LLY 2AAPL 3MSFT Top holdings2024-06-30 1.LLY 2.AAPL 3.MSFT 4.META 5.SLYV 6.VDE 7.AMZN 8.AESI 9.SCHD 10.TLT
2024-03-31	86	$112.4M	0	1LLY 2AAPL 3MSFT Top holdings2024-03-31 1.LLY 2.AAPL 3.MSFT 4.SLYV 5.VDE 6.META 7.TLT 8.AESI 9.SCHD 10.AMZN
2023-12-31	86	$110.8M	0	1LLY 2RPRX 3AESI Top holdings2023-12-31 1.LLY 2.RPRX 3.AESI 4.AAPL 5.MSFT 6.SLYV 7.TLT 8.VDE 9.META 10.SLYG
2023-09-30	79	$99.2M	0	1LLY 2RPRX304930R Top holdings2023-09-30 1.LLY 2.RPRX 3.04930R 4.AAPL 5.MSFT 6.VDE 7.TLT 8.SLYV 9.META 10.SCHD
2023-06-30	82	$91.9M	0	1LLY 2RPRX 3AAPL Top holdings2023-06-30 1.LLY 2.RPRX 3.AAPL 4.TLT 5.VDE 6.SLYV 7.MSFT 8.META 9.SCHD 10.AMZN
2023-03-31	85	$85.6M	0	1LLY 2RPRX 3AAPL Top holdings2023-03-31 1.LLY 2.RPRX 3.AAPL 4.SCHD 5.VDE 6.MSFT 7.SLYV 8.AMZN 9.META 10.IYT
2022-12-31	85	$91.2M	0	1LLY 2RPRX 3AAPL Top holdings2022-12-31 1.LLY 2.RPRX 3.AAPL 4.VDE 5.SCHD 6.SLYV 7.AMZN 8.MSFT 9.IYT 10.VEGI
2022-09-30	88	$97.6M	0	1LLY 2RPRX 3VTIP Top holdings2022-09-30 1.LLY 2.RPRX 3.VTIP 4.AAPL 5.SCHD 6.AMZN 7.VDE 8.SLYV 9.IYT 10.MSFT
2022-06-30	109	$113.3M	0	1RPRX 2LLY 3VTIP Top holdings2022-06-30 1.RPRX 2.LLY 3.VTIP 4.AAPL 5.SCHD 6.AMZN 7.SLYV 8.VDE 9.IYT 10.MSFT
2022-03-31	124	$133.1M	0	1RPRX 2LLY 3VTIP Top holdings2022-03-31 1.RPRX 2.LLY 3.VTIP 4.AAPL 5.AMZN 6.SCHD 7.SLYV 8.BLCN 9.IYT 10.VDE
2021-12-31	126	$137.8M	0	1RPRX 2LLY 3AAPL Top holdings2021-12-31 1.RPRX 2.LLY 3.AAPL 4.VTIP 5.AMZN 6.SLYV 7.SCHD 8.BLCN 9.META 10.H0036K
2021-09-30	126	$123.5M	0	1RPRX 2LLY 3AAPL Top holdings2021-09-30 1.RPRX 2.LLY 3.AAPL 4.AMZN 5.SLYV 6.BLCN 7.H0036K 8.MSFT 9.SCHD 10.META
2021-06-30	128	$123.4M	100	1RPRX 2LLY 3AAPL Top holdings2021-06-30 1.RPRX 2.LLY 3.AAPL 4.AMZN 5.SLYV 6.BLCN 7.SCHD 8.H0036K 9.META 10.SCHG
2021-03-31	119	$87.9M	27	1LLY 2AAPL 3SLYV Top holdings2021-03-31 1.LLY 2.AAPL 3.SLYV 4.AMZN 5.BLCN 6.H0036K 7.SCHD 8.MINT 9.META 10.SCHG
2020-12-31	109	$85.9M	38	1LLY 2AAPL 3AMZN Top holdings2020-12-31 1.LLY 2.AAPL 3.AMZN 4.SLYV 5.H0036K 6.SCHG 7.BLCN 8.SCHD 9.MINT 10.META
2020-09-30	93	$79.8M	19	1LLY 2AAPL 3AMZN Top holdings2020-09-30 1.LLY 2.AAPL 3.AMZN 4.SLYV 5.MSFT 6.MINT 7.BTT 8.SH1USD 9.SCHG 10.SCHD
2020-06-30	92	$79.7M	57	1LLY 2AAPL 3MINT Top holdings2020-06-30 1.LLY 2.AAPL 3.MINT 4.SH1USD 5.AMZN 6.BTT 7.MSFT 8.SCHG 9.SCHD 10.META
2020-03-31	80	$80.2M	32	1MINT 2LLY 3AAPL Top holdings2020-03-31 1.MINT 2.LLY 3.AAPL 4.SCHG 5.USMV 6.FLRN 7.SPY 8.AMZN 9.BTT 10.SCHM
2019-12-31	85	$94.1M	—	1MINT 2LLY 3AAPL Top holdings2019-12-31 1.MINT 2.LLY 3.AAPL 4.USMV 5.SCHM 6.SCHG 7.FLRN 8.SPY 9.SLY 10.SCHD

Holding changes this quarter

Indie Asset Partners, LLC's most significant position changes for 2026-03-31: New buy: Marathon Petroleum CORP (MPC); New buy: Mastercard INC - A (MA); New buy: Lockheed Martin CORP (LMT); New buy: Altria Group INC (MO); Sold out: Blackstone INC (BX).

Position changes disclosed by Indie Asset Partners, LLC for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	AAPL	Apple INC	+1.5%	+28.35%	Add
2	PAAA	Pgim Aaa Clo ETF	+0.9%	+14.57%	Add
3	VEU	Vanguard Ftse All-world Ex-u	+0.9%	+8.71%	Add
4	VDE	Vanguard Energy ETF	+0.8%	-2.94%	Trim
5	DNP	Dnp Select Income Fund INC	+0.7%	+74.70%	Add
6	SCHE	Schwab Emrg Mrkts Eqty ETF	+0.5%	+25.48%	Add
7	IYT	Ishares US Transportation Et	+0.5%	+35.00%	Add
8	CVX	Chevron CORP	+0.4%	+7.13%	Add
9	ITA	Ishares U.s. Aerospace & Def	+0.4%	+7.18%	Add
10	SCHD	Schwab US Dvd Equity ETF	+0.3%	+5.23%	Add
11	FBND	Fidelity Total Bond ETF	+0.3%	+24.40%	Add
12	DYNF	Ishrs US E F R A Etf-usd INC	+0.3%	+26.67%	Add
13	V	Visa Inc-class A Shares	+0.2%	+63.07%	Add
14	DFIS	Dimensional International Sm	+0.2%	+3.74%	Add
15	AMLP	Alerian Mlp ETF	+0.2%	+2.87%	Add
16	TPL	Texas Pacific Land CORP	+0.2%	-12.12%	Trim
17	EFV	Ishares Msci Eafe Value ETF	+0.2%	+28.45%	Add
18	GLD	Spdr Gold Shares	+0.1%	+1.96%	Add
19	SII	Sprott INC	+0.1%	—	Unchanged
20	GDX	Vaneck Gold Miners ETF	+0.1%	—	Unchanged
21	VTV	Vanguard Value ETF	+0.1%	+14.94%	Add
22	GEV	GE Vernova INC	+0.1%	+6.59%	Add
23	FITB	Fifth Third Bancorp	+0.1%	+34.00%	Add
24	SHEL	Shell Plc-adr	+0.1%	—	Unchanged
25	AESI	Atlas Energy Solutions INC	+0.1%	-14.47%	Trim
26	SCHF	Schwab Intl Equity ETF	+0.1%	+20.01%	Add
27	IJH	Ishares Core S&p Midcap ETF	+0.1%	+12.34%	Add
28	IGPT	Invesco Ai And Next Gen Soft	0%	-2.14%	Trim
29	JPM	Jpmorgan Chase & Co	-0.1%	+3.43%	Add
30	AMZN	Amazon.com INC	-0.1%	+3.61%	Add
31	SPY	Ss Spdr S&p 500 ETF Trust-us	-0.1%	-6.69%	Trim
32	NVDA	Nvidia CORP	-0.1%	+0.73%	Add
33	SCHB	Schwab US Broad Market ETF	-0.1%	-7.08%	Trim
34	TSLA	Tesla INC	-0.1%	-0.32%	Trim
35	META	Meta Platforms Inc-class A	-0.2%	-11.70%	Trim
36	IYH	Ishares U.s. Healthcare ETF	-0.2%	-22.34%	Trim
37	SCHG	Schwab US Large-cap Growth	-0.3%	-4.14%	Trim
38	MSFT	Microsoft CORP	-0.7%	+7.10%	Add
39	XOM	Exxon Mobil CORP	-0.7%	-74.95%	Trim
40	DUK	Duke Energy CORP	-1.6%	-70.90%	Trim
41	USO	United States Oil Fund LP	-1.9%	-90.52%	Trim
42	LLY	Eli Lilly & Co	-4.1%	-19.61%	Trim
43	MPC	Marathon Petroleum CORP	—	NEW	New buy
44	MA	Mastercard INC - A	—	NEW	New buy
45	LMT	Lockheed Martin CORP	—	NEW	New buy
46	MO	Altria Group INC	—	NEW	New buy
47	BX	Blackstone INC	—	EXIT	Sold out
48	VGT	Vanguard Info Tech ETF	—	EXIT	Sold out
49	HD	Home Depot INC	—	EXIT	Sold out
50	SCOUSD	Proshares Ultrashort Bloombe	—	NEW	New buy

Filing History

Period	Filed	Type	EDGAR
2026-03-31	2026-05-08	13F-HR	View on EDGAR
2025-12-31	2026-02-03	13F-HR	View on EDGAR
2025-09-30	2025-11-06	13F-HR	View on EDGAR
2025-06-30	2025-08-12	13F-HR	View on EDGAR
2025-03-31	2025-05-07	13F-HR	View on EDGAR
2024-12-31	2025-02-03	13F-HR	View on EDGAR
2024-09-30	2024-10-29	13F-HR	View on EDGAR
2024-06-30	2024-08-05	13F-HR	View on EDGAR
2024-03-31	2024-05-10	13F-HR	View on EDGAR
2023-12-31	2024-01-26	13F-HR	View on EDGAR
2023-09-30	2023-10-27	13F-HR	View on EDGAR
2023-06-30	2023-08-07	13F-HR	View on EDGAR
2023-03-31	2023-05-11	13F-HR	View on EDGAR
2022-12-31	2023-02-01	13F-HR	View on EDGAR
2022-09-30	2022-10-25	13F-HR	View on EDGAR
2022-06-30	2022-08-12	13F-HR	View on EDGAR
2022-03-31	2022-05-10	13F-HR	View on EDGAR
2021-12-31	2022-02-11	13F-HR	View on EDGAR
2021-09-30	2021-11-09	13F-HR	View on EDGAR
2021-06-30	2021-08-11	13F-HR	View on EDGAR
2021-03-31	2021-05-13	13F-HR	View on EDGAR
2020-12-31	2021-02-09	13F-HR	View on EDGAR
2020-09-30	2020-11-13	13F-HR	View on EDGAR
2020-06-30	2020-08-12	13F-HR	View on EDGAR
2020-03-31	2020-05-13	13F-HR	View on EDGAR
2019-12-31	2020-02-11	13F-HR	View on EDGAR

FAQ

What is Indie Asset Partners, LLC and what type of investor is it?

Indie Asset Partners, 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 (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $87.8M, spread across 83 disclosed positions.

What are Indie Asset Partners, LLC's largest equity positions?

Based on the latest 13F filing, Indie Asset Partners, LLC's top holdings by market value are: 1. Eli Lilly & Co (LLY) — $8.5M (9.7%) 2. Apple INC (AAPL) — $7.0M (7.9%) 3. Vanguard Ftse All-world Ex-u (VEU) — $6.6M (7.5%) 4. Pgim Aaa Clo ETF (PAAA) — $5.6M (6.4%) 5. Microsoft CORP (MSFT) — $3.0M (3.4%)

What changes did Indie Asset Partners, LLC make in its most recent portfolio filing?

In the latest reported quarter, Indie Asset Partners, LLC made 47 notable position adjustments: 5 new positions were initiated, 25 existing holdings were added to, 14 positions were partially reduced, and 3 were completely exited. The largest of these moves: New buy: Marathon Petroleum CORP (MPC); New buy: Mastercard INC - A (MA); New buy: Lockheed Martin CORP (LMT); New buy: Altria Group INC (MO); Sold out: Blackstone INC (BX)

What sectors does Indie Asset Partners, LLC focus on?

Indie Asset Partners, LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 34.6% • Health Care: 23.2% • Financials: 13.4% • Consumer Discretionary: 7.4% • Energy: 6.8% • Communication Services: 5.2%

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Indie Asset Partners, LLC SEC 13F Disclosure Analysis

CIK: 0001802244

Diversified strategyMomentum followerQuality / disciplined sizing

Total reported value

$87.8M

Reporting period: 2026-03-31 · Number of holdings: 83

Indie Asset Partners, LLC disclosed 83 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $87.8M and a quarterly turnover rate of 22.2%.

Browse other institutions with under $100M AUM Browse other institutions starting with "I"

Personality snowflake

Concentration: 14.46
Portfolio Stability: 22.23
Momentum/Contrarian: 100
Sector conviction: 62.04
Diversification: 100
Sizing Uniformity: 85.77

Position sizes vary widely across the portfolio (a coefficient of variation of 1.42), 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.

Recent moves

Trim LLY
-19.6%　-$3.9M
Trim USO
-90.5%　-$1.7M
Trim DUK
-70.9%　-$1.4M
Add AAPL
+28.3%　$1.2M
Add PAAA
+14.6%　$709.7K
Add VEU
+8.7%　$653.0K

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	LLY	Eli Lilly & Co	Stock-Healthcare	9.72%	-4.10%	-19.61%
2	AAPL	Apple INC	Stock-Tech	7.94%	+1.46%	+28.35%
3	VEU	Vanguard Ftse All-world Ex-u	ETF-Other	7.52%	+0.89%	+8.71%
4	PAAA	Pgim Aaa Clo ETF	ETF-Other	6.43%	+0.93%	+14.57%
5	MSFT	Microsoft CORP	Stock-Tech	3.44%	-0.67%	+7.10%
6	ITA	Ishares U.s. Aerospace & Def	ETF-Other	3.30%	+0.35%	+7.18%
7	VDE	Vanguard Energy ETF	ETF-Other	2.93%	+0.78%	-2.94%
8	DFIS	Dimensional International Sm	ETF-Other	2.74%	+0.21%	+3.74%
9	NVDA	Nvidia CORP	Stock-Tech	2.60%	-0.10%	+0.73%
10	SCHE	Schwab Emrg Mrkts Eqty ETF	ETF-Other	2.34%	+0.52%	+25.48%
11	SLYV	Ss Spdr S&p 600 Sc Val ETF	ETF-Other	2.33%	—	-2.21%
12	SCHG	Schwab US Large-cap Growth	ETF-Other	2.04%	-0.30%	-4.14%
13	SCHD	Schwab US Dvd Equity ETF	ETF-Other	1.95%	+0.33%	+5.23%
14	IYT	Ishares US Transportation Et	ETF-Other	1.81%	+0.50%	+35.00%
15	IGPT	Invesco Ai And Next Gen Soft	ETF-Other	1.69%	-0.04%	-2.14%
16	AMZN	Amazon.com INC	Stock-Consumer Disc	1.63%	-0.07%	+3.61%
17	DNP	Dnp Select Income Fund INC	Stock-Financials	1.58%	+0.72%	+74.70%
18	GDX	Vaneck Gold Miners ETF	ETF-Commodities	1.55%	+0.13%	—
19	IVV	Ishares Core S&p 500 ETF	ETF-Large Cap & Growth	1.50%	—	-0.10%
20	DYNF	Ishrs US E F R A Etf-usd INC	ETF-Other	1.40%	+0.27%	+26.67%
21	JPM	Jpmorgan Chase & Co	Stock-Financials	1.37%	-0.05%	+3.43%
22	FBND	Fidelity Total Bond ETF	ETF-Other	1.34%	+0.27%	+24.40%
23	SLYG	Ss Spdr S&p 600 Sc Gr ETF	ETF-Other	1.31%	—	-3.05%
24	CVX	Chevron CORP	Stock-Energy	1.22%	+0.40%	+7.13%
25	GLD	Spdr Gold Shares	ETF-Commodities	1.20%	+0.14%	+1.96%
26	AMLP	Alerian Mlp ETF	ETF-Other	1.08%	+0.17%	+2.87%
27	SCHB	Schwab US Broad Market ETF	ETF-Other	1.01%	-0.10%	-7.08%
28	VOO	Vanguard S&p 500 ETF	ETF-Large Cap & Growth	0.91%	—	+1.21%
29	SPY	Ss Spdr S&p 500 ETF Trust-us	ETF-Large Cap & Growth	0.87%	-0.08%	-6.69%
30	QUAL	Ishares Msci USA Quality Fac	ETF-Other	0.86%	—	+9.13%
31	V	Visa Inc-class A Shares	Stock-Financials	0.78%	+0.24%	+63.07%
32	VUG	Vanguard Growth ETF	ETF-Other	0.78%	—	+14.64%
33	DUK	Duke Energy CORP	Stock-Utilities	0.78%	-1.56%	-70.90%
34	SPSM	Ss Spdr P S&p 600 Small Cap	ETF-Small Cap	0.75%	—	+0.01%
35	VTV	Vanguard Value ETF	ETF-Other	0.73%	+0.12%	+14.94%
36	BRK-B	Berkshire Hathaway Inc-cl B	Stock-Other	0.70%	—	+2.72%
37	TSLA	Tesla INC	Stock-Consumer Disc	0.65%	-0.12%	-0.32%
38	IJH	Ishares Core S&p Midcap ETF	ETF-Other	0.60%	+0.09%	+12.34%
39	VIG	Vanguard Dividend Apprec ETF	ETF-Other	0.60%	—	+5.87%
40	VTI	Vanguard Total Stock Mkt ETF	ETF-Other	0.58%	—	-4.95%
41	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	0.58%	—	-3.34%
42	IYH	Ishares U.s. Healthcare ETF	ETF-Other	0.58%	-0.19%	-22.34%
43	META	Meta Platforms Inc-class A	Stock-Comm Services	0.57%	-0.15%	-11.70%
44	AESI	Atlas Energy Solutions INC	Stock-Other	0.55%	+0.10%	-14.47%
45	CEF	Sprott Physical Gold And Sil	Stock-Other	0.55%	—	-4.73%
46	EFV	Ishares Msci Eafe Value ETF	ETF-Other	0.55%	+0.15%	+28.45%
47	CMCSA	Comcast Corp-class A	Stock-Comm Services	0.55%	—	—
48	GOOG	Alphabet Inc-cl C	Stock-Comm Services	0.47%	—	+0.35%
49	TPL	Texas Pacific Land CORP	Stock-Energy	0.47%	+0.15%	-12.12%
50	SCHF	Schwab Intl Equity ETF	ETF-Other	0.45%	+0.09%	+20.01%

1–50 of 83

Portfolio Performance

Performance for Q3 2026

+3.4%

Performance Last 4 Quarters

+21.9%

Based on 71% of reported portfolio value with available pricing

Stdev: +12.6%
Beta: +0.76
Alpha: +3.4%
Max Drawdown: -3.8%
Annualized Perf: +14%
Batting Avg vs S&P: +57.1%
Sortino: +1.99
Stutzer: +0.33
Treynor: +0.18
Sterling: +1.02
Calmar: +3.69
Information Ratio: 0
Tracking Error: +6.6%
Stdev Down: +7%
Winning Months %: +64.3%
Losing Months %: +35.7%
Best 12 Months: +27.5%
Worst 12 Months: +16.9%
Efficiency Ratio: +0.37
Sharpe: +1.11
Stdev Sectors: +10.3%
Skewness: -0.34
Kurtosis: -0.81
Upside Potential: +3.72

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	83	$87.8M	22	1LLY 2AAPL 3VEU Top holdings2026-03-31 1.LLY 2.AAPL 3.VEU 4.PAAA 5.MSFT 6.ITA 7.VDE 8.DFIS 9.NVDA 10.SCHE
2025-12-31	81	$89.7M	25	1LLY 2VEU 3AAPL Top holdings2025-12-31 1.LLY 2.VEU 3.AAPL 4.PAAA 5.MSFT 6.ITA 7.NVDA 8.DFIS 9.USO 10.DUK
2025-09-30	78	$75.1M	100	1LLY 2VEU 3AAPL Top holdings2025-09-30 1.LLY 2.VEU 3.AAPL 4.MSFT 5.NVDA 6.PAAA 7.ITA 8.DFIS 9.SLYV 10.VDE
2025-06-30	67	$55.0M	0	1VEU 2AAPL 3MSFT Top holdings2025-06-30 1.VEU 2.AAPL 3.MSFT 4.NVDA 5.VDE 6.DFIS 7.SLYV 8.SCHG 9.SCHD 10.SCHE
2025-03-31	96	$115.4M	100	1LLY 2AAPL 3MSFT Top holdings2025-03-31 1.LLY 2.AAPL 3.MSFT 4.META 5.VDE 6.SLYV 7.SCHD 8.SCHG 9.GBTC 10.NVDA
2024-12-31	115	$127.3M	0	1LLY 2AAPL 3MSFT Top holdings2024-12-31 1.LLY 2.AAPL 3.MSFT 4.META 5.SLYV 6.GBTC 7.NVDA 8.VDE 9.AMZN 10.SCHG
2024-09-30	116	$133.5M	0	1LLY 2AAPL 3MSFT Top holdings2024-09-30 1.LLY 2.AAPL 3.MSFT 4.META 5.SLYV 6.VDE 7.NVDA 8.SCHD 9.AESI 10.SCHG
2024-06-30	101	$125.6M	0	1LLY 2AAPL 3MSFT Top holdings2024-06-30 1.LLY 2.AAPL 3.MSFT 4.META 5.SLYV 6.VDE 7.AMZN 8.AESI 9.SCHD 10.TLT
2024-03-31	86	$112.4M	0	1LLY 2AAPL 3MSFT Top holdings2024-03-31 1.LLY 2.AAPL 3.MSFT 4.SLYV 5.VDE 6.META 7.TLT 8.AESI 9.SCHD 10.AMZN
2023-12-31	86	$110.8M	0	1LLY 2RPRX 3AESI Top holdings2023-12-31 1.LLY 2.RPRX 3.AESI 4.AAPL 5.MSFT 6.SLYV 7.TLT 8.VDE 9.META 10.SLYG
2023-09-30	79	$99.2M	0	1LLY 2RPRX304930R Top holdings2023-09-30 1.LLY 2.RPRX 3.04930R 4.AAPL 5.MSFT 6.VDE 7.TLT 8.SLYV 9.META 10.SCHD
2023-06-30	82	$91.9M	0	1LLY 2RPRX 3AAPL Top holdings2023-06-30 1.LLY 2.RPRX 3.AAPL 4.TLT 5.VDE 6.SLYV 7.MSFT 8.META 9.SCHD 10.AMZN
2023-03-31	85	$85.6M	0	1LLY 2RPRX 3AAPL Top holdings2023-03-31 1.LLY 2.RPRX 3.AAPL 4.SCHD 5.VDE 6.MSFT 7.SLYV 8.AMZN 9.META 10.IYT
2022-12-31	85	$91.2M	0	1LLY 2RPRX 3AAPL Top holdings2022-12-31 1.LLY 2.RPRX 3.AAPL 4.VDE 5.SCHD 6.SLYV 7.AMZN 8.MSFT 9.IYT 10.VEGI
2022-09-30	88	$97.6M	0	1LLY 2RPRX 3VTIP Top holdings2022-09-30 1.LLY 2.RPRX 3.VTIP 4.AAPL 5.SCHD 6.AMZN 7.VDE 8.SLYV 9.IYT 10.MSFT
2022-06-30	109	$113.3M	0	1RPRX 2LLY 3VTIP Top holdings2022-06-30 1.RPRX 2.LLY 3.VTIP 4.AAPL 5.SCHD 6.AMZN 7.SLYV 8.VDE 9.IYT 10.MSFT
2022-03-31	124	$133.1M	0	1RPRX 2LLY 3VTIP Top holdings2022-03-31 1.RPRX 2.LLY 3.VTIP 4.AAPL 5.AMZN 6.SCHD 7.SLYV 8.BLCN 9.IYT 10.VDE
2021-12-31	126	$137.8M	0	1RPRX 2LLY 3AAPL Top holdings2021-12-31 1.RPRX 2.LLY 3.AAPL 4.VTIP 5.AMZN 6.SLYV 7.SCHD 8.BLCN 9.META 10.H0036K
2021-09-30	126	$123.5M	0	1RPRX 2LLY 3AAPL Top holdings2021-09-30 1.RPRX 2.LLY 3.AAPL 4.AMZN 5.SLYV 6.BLCN 7.H0036K 8.MSFT 9.SCHD 10.META
2021-06-30	128	$123.4M	100	1RPRX 2LLY 3AAPL Top holdings2021-06-30 1.RPRX 2.LLY 3.AAPL 4.AMZN 5.SLYV 6.BLCN 7.SCHD 8.H0036K 9.META 10.SCHG
2021-03-31	119	$87.9M	27	1LLY 2AAPL 3SLYV Top holdings2021-03-31 1.LLY 2.AAPL 3.SLYV 4.AMZN 5.BLCN 6.H0036K 7.SCHD 8.MINT 9.META 10.SCHG
2020-12-31	109	$85.9M	38	1LLY 2AAPL 3AMZN Top holdings2020-12-31 1.LLY 2.AAPL 3.AMZN 4.SLYV 5.H0036K 6.SCHG 7.BLCN 8.SCHD 9.MINT 10.META
2020-09-30	93	$79.8M	19	1LLY 2AAPL 3AMZN Top holdings2020-09-30 1.LLY 2.AAPL 3.AMZN 4.SLYV 5.MSFT 6.MINT 7.BTT 8.SH1USD 9.SCHG 10.SCHD
2020-06-30	92	$79.7M	57	1LLY 2AAPL 3MINT Top holdings2020-06-30 1.LLY 2.AAPL 3.MINT 4.SH1USD 5.AMZN 6.BTT 7.MSFT 8.SCHG 9.SCHD 10.META
2020-03-31	80	$80.2M	32	1MINT 2LLY 3AAPL Top holdings2020-03-31 1.MINT 2.LLY 3.AAPL 4.SCHG 5.USMV 6.FLRN 7.SPY 8.AMZN 9.BTT 10.SCHM
2019-12-31	85	$94.1M	—	1MINT 2LLY 3AAPL Top holdings2019-12-31 1.MINT 2.LLY 3.AAPL 4.USMV 5.SCHM 6.SCHG 7.FLRN 8.SPY 9.SLY 10.SCHD

Holding changes this quarter

Position changes disclosed by Indie Asset Partners, LLC for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	AAPL	Apple INC	+1.5%	+28.35%	Add
2	PAAA	Pgim Aaa Clo ETF	+0.9%	+14.57%	Add
3	VEU	Vanguard Ftse All-world Ex-u	+0.9%	+8.71%	Add
4	VDE	Vanguard Energy ETF	+0.8%	-2.94%	Trim
5	DNP	Dnp Select Income Fund INC	+0.7%	+74.70%	Add
6	SCHE	Schwab Emrg Mrkts Eqty ETF	+0.5%	+25.48%	Add
7	IYT	Ishares US Transportation Et	+0.5%	+35.00%	Add
8	CVX	Chevron CORP	+0.4%	+7.13%	Add
9	ITA	Ishares U.s. Aerospace & Def	+0.4%	+7.18%	Add
10	SCHD	Schwab US Dvd Equity ETF	+0.3%	+5.23%	Add
11	FBND	Fidelity Total Bond ETF	+0.3%	+24.40%	Add
12	DYNF	Ishrs US E F R A Etf-usd INC	+0.3%	+26.67%	Add
13	V	Visa Inc-class A Shares	+0.2%	+63.07%	Add
14	DFIS	Dimensional International Sm	+0.2%	+3.74%	Add
15	AMLP	Alerian Mlp ETF	+0.2%	+2.87%	Add
16	TPL	Texas Pacific Land CORP	+0.2%	-12.12%	Trim
17	EFV	Ishares Msci Eafe Value ETF	+0.2%	+28.45%	Add
18	GLD	Spdr Gold Shares	+0.1%	+1.96%	Add
19	SII	Sprott INC	+0.1%	—	Unchanged
20	GDX	Vaneck Gold Miners ETF	+0.1%	—	Unchanged
21	VTV	Vanguard Value ETF	+0.1%	+14.94%	Add
22	GEV	GE Vernova INC	+0.1%	+6.59%	Add
23	FITB	Fifth Third Bancorp	+0.1%	+34.00%	Add
24	SHEL	Shell Plc-adr	+0.1%	—	Unchanged
25	AESI	Atlas Energy Solutions INC	+0.1%	-14.47%	Trim
26	SCHF	Schwab Intl Equity ETF	+0.1%	+20.01%	Add
27	IJH	Ishares Core S&p Midcap ETF	+0.1%	+12.34%	Add
28	IGPT	Invesco Ai And Next Gen Soft	0%	-2.14%	Trim
29	JPM	Jpmorgan Chase & Co	-0.1%	+3.43%	Add
30	AMZN	Amazon.com INC	-0.1%	+3.61%	Add
31	SPY	Ss Spdr S&p 500 ETF Trust-us	-0.1%	-6.69%	Trim
32	NVDA	Nvidia CORP	-0.1%	+0.73%	Add
33	SCHB	Schwab US Broad Market ETF	-0.1%	-7.08%	Trim
34	TSLA	Tesla INC	-0.1%	-0.32%	Trim
35	META	Meta Platforms Inc-class A	-0.2%	-11.70%	Trim
36	IYH	Ishares U.s. Healthcare ETF	-0.2%	-22.34%	Trim
37	SCHG	Schwab US Large-cap Growth	-0.3%	-4.14%	Trim
38	MSFT	Microsoft CORP	-0.7%	+7.10%	Add
39	XOM	Exxon Mobil CORP	-0.7%	-74.95%	Trim
40	DUK	Duke Energy CORP	-1.6%	-70.90%	Trim
41	USO	United States Oil Fund LP	-1.9%	-90.52%	Trim
42	LLY	Eli Lilly & Co	-4.1%	-19.61%	Trim
43	MPC	Marathon Petroleum CORP	—	NEW	New buy
44	MA	Mastercard INC - A	—	NEW	New buy
45	LMT	Lockheed Martin CORP	—	NEW	New buy
46	MO	Altria Group INC	—	NEW	New buy
47	BX	Blackstone INC	—	EXIT	Sold out
48	VGT	Vanguard Info Tech ETF	—	EXIT	Sold out
49	HD	Home Depot INC	—	EXIT	Sold out
50	SCOUSD	Proshares Ultrashort Bloombe	—	NEW	New buy

Filing History

Period	Filed	Type	EDGAR
2026-03-31	2026-05-08	13F-HR	View on EDGAR
2025-12-31	2026-02-03	13F-HR	View on EDGAR
2025-09-30	2025-11-06	13F-HR	View on EDGAR
2025-06-30	2025-08-12	13F-HR	View on EDGAR
2025-03-31	2025-05-07	13F-HR	View on EDGAR
2024-12-31	2025-02-03	13F-HR	View on EDGAR
2024-09-30	2024-10-29	13F-HR	View on EDGAR
2024-06-30	2024-08-05	13F-HR	View on EDGAR
2024-03-31	2024-05-10	13F-HR	View on EDGAR
2023-12-31	2024-01-26	13F-HR	View on EDGAR
2023-09-30	2023-10-27	13F-HR	View on EDGAR
2023-06-30	2023-08-07	13F-HR	View on EDGAR
2023-03-31	2023-05-11	13F-HR	View on EDGAR
2022-12-31	2023-02-01	13F-HR	View on EDGAR
2022-09-30	2022-10-25	13F-HR	View on EDGAR
2022-06-30	2022-08-12	13F-HR	View on EDGAR
2022-03-31	2022-05-10	13F-HR	View on EDGAR
2021-12-31	2022-02-11	13F-HR	View on EDGAR
2021-09-30	2021-11-09	13F-HR	View on EDGAR
2021-06-30	2021-08-11	13F-HR	View on EDGAR
2021-03-31	2021-05-13	13F-HR	View on EDGAR
2020-12-31	2021-02-09	13F-HR	View on EDGAR
2020-09-30	2020-11-13	13F-HR	View on EDGAR
2020-06-30	2020-08-12	13F-HR	View on EDGAR
2020-03-31	2020-05-13	13F-HR	View on EDGAR
2019-12-31	2020-02-11	13F-HR	View on EDGAR