IA

Independence Advisors, LLC

Diversified strategyMomentum followerLong-term holder

Total reported value

$465.9M

Reporting period: 2020-09-30 · Number of holdings: 170

Independence Advisors, LLC disclosed 170 holdings in its latest 13F filing for the period ending 2020-09-30, with total reported value of $465.9M and a quarterly turnover rate of 7.6%.

Personality snowflake

Concentration
28.64
Portfolio Stability
7.57
Momentum/Contrarian
100
Sector conviction
63.21
Diversification
100
Sizing Uniformity
66.48

Recent moves

  • Add VTV

    +4.5%　$5.1M

  • Trim BIV

    +0.9%　$339.0K

  • Add EFA

    +5.0%　$4.8M

  • Add IWF

    -3.2%　$4.8M

  • Add AAPL

    +301.4%　$1.4M

  • Trim SUB

    -1.5%　-$141.0K

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1VTVVanguard Value ETFETF-Other12.30%+0.34%+4.54%
2IWFIshares Russell 1000 GrowthETF-Other12.03%+0.29%-3.20%
3VUGVanguard Growth ETFETF-Other11.79%-0.03%-5.47%
4EFAIshares Msci Eafe ETFETF-Other11.48%+0.32%+5.02%
5IVWIshares S&p 500 Growth ETFETF-Large Cap & Growth7.33%+0.05%-3.43%
6BIVVanguard Intermediate-term BETF-Other6.08%-0.33%+0.90%
7IVEIshares S&p 500 Value ETFETF-Large Cap & Growth3.25%-0.11%-0.85%
8IWDIshares Russell 1000 Value EETF-Other3.14%-0.09%-0.93%
9EFVIshares Msci Eafe Value ETFETF-Other2.91%—-1.36%
10SUBIshares Short-term NationalETF-Other2.39%-0.19%-1.47%
11MUBIshares National Muni Bond EETF-Other1.68%-0.18%-3.75%
12VEAVanguard Ftse Developed ETFETF-Other1.51%+0.02%+2.63%
13VOOVanguard S&p 500 ETFETF-Large Cap & Growth1.45%+0.01%-1.00%
14AAPLApple INCStock-Tech1.38%+0.23%+301.37%
15VTEBVanguard Tax-exempt Bond ETFETF-Other1.33%—-0.97%
16VBRVanguard Small-cap Value ETFETF-Other1.30%-0.11%-4.94%
17IJSIshares S&p Small-cap 600 VaETF-Other1.25%—-0.64%
18VWOVanguard Ftse Emerging MarkeETF-Emerging Markets1.21%+0.01%-1.06%
19SCZIshares Msci Eafe Small-capETF-Other1.15%+0.03%-0.28%
20VBKVanguard Small-cap Grwth ETFETF-Other1.06%-0.01%-1.29%
21VSSVanguard Ftse All Wo X-us ScETF-Other0.99%-0.04%-5.89%
22MCDMcdonald's CORPStock-Consumer Disc0.97%+0.10%+0.23%
23PPGPpg Industries INCStock-Materials0.79%+0.06%—
24IWNIshares Russell 2000 Value EETF-Small Cap0.68%-0.03%+0.53%
25EEMIshares Msci Emerging MarketETF-Emerging Markets0.59%+0.01%-1.44%
26MSFTMicrosoft CORPStock-Tech0.57%-0.02%—
27IWMIshares Russell 2000 ETFETF-Small Cap0.52%—-2.42%
28SHMSs Spdr N Ice St Muni ETFETF-Other0.48%——
29PFEPfizer INCStock-Healthcare0.33%+0.02%—
30BMTCUSDBryn Mawr Bank CORPStock-Other0.32%-0.05%—
31VNQIVanguard Glbl Ex-us Real EstETF-Other0.31%+0.06%+26.14%
32WTRGEssential Utilities INCStock-Utilities0.30%-0.04%-0.77%
33VNQVanguard Real Estate ETFETF-Other0.27%—-1.82%
34JNJJohnson & JohnsonStock-Healthcare0.23%—-0.62%
35VVisa Inc-class A SharesStock-Financials0.22%—+4.94%
36CLColgate-palmolive CoStock-Consumer Staples0.21%——
37TFISs Spdr N Ice Muni Bond ETFETF-Other0.21%——
38GOOGLAlphabet Inc-cl AStock-Comm Services0.21%—-3.68%
39GOOGAlphabet Inc-cl CStock-Comm Services0.21%-0.04%-14.23%
40VVVanguard Large-cap ETFETF-Other0.20%—-1.68%
41AMGNAmgen INCStock-Healthcare0.18%——
42MAMastercard INC - AStock-Financials0.18%+0.01%—
43IVVIshares Core S&p 500 ETFETF-Large Cap & Growth0.16%——
44AMZNAmazon.com INCStock-Consumer Disc0.16%+0.03%+19.12%
45CSXCsx CORPStock-Industrials0.14%——
46MRKMerck & Co. INC.Stock-Healthcare0.13%—-3.17%
47BSVVanguard Short-term Bond ETFETF-Other0.13%——
48BRK-BBerkshire Hathaway Inc-cl BStock-Other0.12%+0.12%NEW
49WMTWalmart INCStock-Consumer Staples0.12%+0.01%+0.18%
50ORCLOracle CORPStock-Tech0.11%—-6.91%
1–50 of 170

Holding changes this quarter

Independence Advisors, LLC's most significant position changes for 2020-09-30: New buy: Berkshire Hathaway Inc-cl B (BRK-B); New buy: Vanguard Int-term Corporate (VCIT); New buy: Annovis Bio (ANVS); New buy: Tesla INC (TSLA); New buy: Netflix INC (NFLX).

Position changes disclosed by Independence Advisors, LLC for the quarter ending 2020-09-30, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1VTVVanguard Value ETF+0.3%+4.54%Add
2EFAIshares Msci Eafe ETF+0.3%+5.02%Add
3IWFIshares Russell 1000 Growth+0.3%-3.20%Trim
4AAPLApple INC+0.2%+301.37%Add
5MCDMcdonald's CORP+0.1%+0.23%Add
6PPGPpg Industries INC+0.1%—Unchanged
7VNQIVanguard Glbl Ex-us Real Est+0.1%+26.14%Add
8IVWIshares S&p 500 Growth ETF+0.1%-3.43%Trim
9SCZIshares Msci Eafe Small-cap0%-0.28%Trim
10AMZNAmazon.com INC0%+19.12%Add
11VEAVanguard Ftse Developed ETF0%+2.63%Add
12PFEPfizer INC0%—Unchanged
13NKENike INC -cl B0%—Unchanged
14ISRGIntuitive Surgical INC0%—Unchanged
15VOOVanguard S&p 500 ETF0%-1.00%Trim
16VWOVanguard Ftse Emerging Marke0%-1.06%Trim
17EEMIshares Msci Emerging Market0%-1.44%Trim
18MAMastercard INC - A0%—Unchanged
19WMTWalmart INC0%+0.18%Add
20CMCSAComcast Corp-class A0%-0.30%Trim
21BEBloom Energy Corp- A0%—Unchanged
22VVisa Inc-class A Shares—+4.94%Add
23VBKVanguard Small-cap Grwth ETF0%-1.29%Trim
24MSFTMicrosoft CORP0%—Unchanged
25XOMExxon Mobil CORP0%+1.46%Add
26VUGVanguard Growth ETF0%-5.47%Trim
27VDEVanguard Energy ETF0%+0.40%Add
28IWNIshares Russell 2000 Value E0%+0.53%Add
29GOOGAlphabet Inc-cl C0%-14.23%Trim
30VSSVanguard Ftse All Wo X-us Sc0%-5.89%Trim
31WTRGEssential Utilities INC0%-0.77%Trim
32BMTCUSDBryn Mawr Bank CORP-0.1%—Unchanged
33IWDIshares Russell 1000 Value E-0.1%-0.93%Trim
34IVEIshares S&p 500 Value ETF-0.1%-0.85%Trim
35VBRVanguard Small-cap Value ETF-0.1%-4.94%Trim
36MUBIshares National Muni Bond E-0.2%-3.75%Trim
37SUBIshares Short-term National-0.2%-1.47%Trim
38BIVVanguard Intermediate-term B-0.3%+0.90%Add
39BRK-BBerkshire Hathaway Inc-cl B—NEWNew buy
40VCITVanguard Int-term Corporate—NEWNew buy
41ANVSAnnovis Bio—NEWNew buy
42TSLATesla INC—NEWNew buy
43NFLXNetflix INC—NEWNew buy
44CSCOCisco Systems INC—EXITSold out
45ADPAutomatic Data Processing—EXITSold out
46MKCMccormick & Co-non Vtg Shrs—NEWNew buy
47RPMRpm International INC—EXITSold out
48PHYSSprott Physical Gold Trust—EXITSold out
49GDXVaneck Gold Miners ETF—NEWNew buy
50GDXJVaneck Junior Gold Miners—NEWNew buy

FAQ

What is Independence Advisors, LLC and what type of investor is it?
Independence Advisors, LLC is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2020-09-30), the firm manages a tracked equity portfolio valued at approximately $465.9M, spread across 170 disclosed positions.
What are Independence Advisors, LLC's largest equity positions?
Based on the latest 13F filing, Independence Advisors, LLC's top holdings by market value are: 1. Vanguard Value ETF (VTV) — $57.3M (12.3%) 2. Ishares Russell 1000 Growth (IWF) — $56.1M (12.0%) 3. Vanguard Growth ETF (VUG) — $54.9M (11.8%) 4. Ishares Msci Eafe ETF (EFA) — $53.5M (11.5%) 5. Ishares S&p 500 Growth ETF (IVW) — $34.2M (7.3%)
What changes did Independence Advisors, LLC make in its most recent portfolio filing?
In the latest reported quarter, Independence Advisors, LLC made 42 notable position adjustments: 8 new positions were initiated, 13 existing holdings were added to, 17 positions were partially reduced, and 4 were completely exited. The largest of these moves: New buy: Berkshire Hathaway Inc-cl B (BRK-B); New buy: Vanguard Int-term Corporate (VCIT); New buy: Annovis Bio (ANVS); New buy: Tesla INC (TSLA); New buy: Netflix INC (NFLX)
What sectors does Independence Advisors, LLC focus on?
Independence Advisors, LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 33.4% • Consumer Discretionary: 20.6% • Health Care: 18.6% • Communication Services: 11.1% • Financials: 8.3% • Consumer Staples: 4.8%