Independence Financial Advisors, LLC

Diversified strategyMomentum followerQuality / disciplined sizing

Total reported value

$385.5M

Reporting period: 2026-06-30 · Number of holdings: 55

Independence Financial Advisors, LLC disclosed 55 holdings in its latest 13F filing for the period ending 2026-06-30, with total reported value of $385.5M and a quarterly turnover rate of 56.4%.

Personality snowflake

Concentration: 24.12
Portfolio Stability: 56.38
Momentum/Contrarian: 100
Sector conviction: 64.36
Diversification: 100
Sizing Uniformity: 84.64

Recent moves

Add FTEC
+88.8%　$24.8M
Trim IEF
-93.0%　-$18.2M
New buy PFF
Trim FELV
-32.5%　-$7.8M
Sold out FENY
Trim FNCL
-92.8%　-$10.5M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	FELG	Fidelity Enh Lrg Cap Gwth	ETF-Other	15.21%	+0.88%	+5.27%
2	FTEC	Fidelity Msci Info Tech Indx	ETF-Tech	10.46%	+5.79%	+88.78%
3	FELV	Fidelity Enh Lrg Cap Val ETF	ETF-Other	6.98%	-3.43%	-32.45%
4	TIP	Ishares Tips Bond ETF	ETF-Other	5.45%	+1.43%	+58.31%
5	IEI	Ishares 3-7 Year Treasury Bo	ETF-Gov Bonds	5.36%	-0.45%	+7.69%
6	ICVT	Ishares Convertible Bond ETF	ETF-Other	4.46%	+0.67%	+13.85%
7	PFF	Ishares Preferred & Income S	ETF-Other	4.29%	+4.29%	NEW
8	FDVV	Fidelity High Dividend ETF	ETF-Other	3.57%	-1.48%	-25.09%
9	FIDU	Fidelity Msci Indust Indx	ETF-Other	3.52%	+0.14%	+4.61%
10	FENI	Fidelity Enhanced Intl ETF	ETF-Other	3.42%	+0.03%	+8.21%
11	GLD	Spdr Gold Shares	ETF-Commodities	3.37%	-0.34%	+22.85%
12	FCOM	Fidelity Msci Comm Serv Indx	ETF-Other	3.34%	-0.14%	+8.82%
13	FDIS	Fidelity Msci Cons Discr Ind	ETF-Other	3.29%	+1.38%	+81.19%
14	FMAT	Fidelity Msci Materials Indx	ETF-Other	3.11%	+3.11%	NEW
15	IJJ	Ishares S&p Mid-cap 400 Valu	ETF-Other	2.54%	+2.54%	NEW
16	IJT	Ishares S&p Small-cap 600 Gr	ETF-Other	2.01%	+0.68%	+41.79%
17	IJS	Ishares S&p Small-cap 600 Va	ETF-Other	1.92%	+1.92%	NEW
18	ISTB	Ishares Core 1-5 Year Usd Bo	ETF-Other	1.91%	-0.36%	-2.16%
19	IUSV	Ishares Core S&p U.s. Value	ETF-Other	1.82%	-1.03%	-31.37%
20	FALN	Ishares Fallen Angels ETF	ETF-Other	1.82%	+1.82%	NEW
21	LQD	Ishr Ibx Usd Invgd Cb Etf-ui	ETF-Corp Bonds	1.80%	+1.80%	NEW
22	FLBL	Franklin Senior Loan ETF	ETF-Other	1.78%	-0.12%	+8.82%
23	IUSG	Ishares Core S&p U.s. Growth	ETF-Other	1.42%	-0.44%	-27.25%
24	IJK	Ishares S&p Mid-cap 400 Grow	ETF-Other	1.34%	-0.68%	-34.39%
25	VTI	Vanguard Total Stock Mkt ETF	ETF-Other	0.91%	—	+0.29%
26	VOO	Vanguard S&p 500 ETF	ETF-Large Cap & Growth	0.47%	-0.01%	+0.30%
27	IEF	Ishares 7-10 Year Treasury B	ETF-Gov Bonds	0.35%	-5.53%	-93.01%
28	JPM	Jpmorgan Chase & Co	Stock-Financials	0.34%	-0.01%	+0.13%
29	FUTY	Fidelity Msci US Utilities	ETF-Other	0.26%	-3.18%	-91.12%
30	SHY	Ishares 1-3 Year Treasury Bo	ETF-Gov Bonds	0.26%	-1.99%	-86.53%
31	VIG	Vanguard Dividend Apprec ETF	ETF-Other	0.24%	-0.02%	+0.40%
32	FNCL	Fidelity Msci Financial Indx	ETF-Other	0.23%	-3.20%	-92.78%
33	FHLC	Fidelity Msci Health Care	ETF-Other	0.23%	-0.16%	-38.54%
34	RSP	Invesco S&p 500 Equal Weight	ETF-Large Cap & Growth	0.17%	-0.01%	+0.39%
35	AAPL	Apple INC	Stock-Tech	0.17%	-0.08%	-31.77%
36	BRK-B	Berkshire Hathaway Inc-cl B	Stock-Other	0.17%	—	—
37	MTB	M & T Bank CORP	Stock-Financials	0.17%	—	-0.04%
38	MSFT	Microsoft CORP	Stock-Tech	0.16%	-0.09%	-25.92%
39	JHMM	John Hancock Multi Fact Mid	ETF-Other	0.16%	—	+0.39%
40	XOM	Exxon Mobil CORP	Stock-Energy	0.15%	-0.13%	-20.52%
41	CRH	CRH plc	Stock-Materials	0.15%	—	+0.69%
42	TD	Toronto-dominion Bank	Stock-Financials	0.13%	+0.02%	—
43	INDB	Independent Bank Corp/ma	Stock-Other	0.12%	—	+0.63%
44	HD	Home Depot INC	Stock-Consumer Disc	0.12%	—	-1.43%
45	FREL	Fidelity Msci Rl Est Indx	ETF-Other	0.10%	+0.01%	+20.45%
46	GE	General Electric	Stock-Industrials	0.10%	—	-19.38%
47	GEV	GE Vernova INC	Stock-Industrials	0.08%	—	-15.53%
48	GOOG	Alphabet Inc-cl C	Stock-Comm Services	0.08%	—	—
49	QQQ	Invesco Qqq Trust Series 1	ETF-Tech	0.08%	+0.01%	—
50	RTX	Rtx CORP	Stock-Industrials	0.08%	—	+0.19%

1–50 of 55

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-06-30	55	$385.5M	56	1FELG 2FTEC 3FELV Top holdings2026-06-30 1.FELG 2.FTEC 3.FELV 4.TIP 5.IEI 6.ICVT 7.PFF 8.FDVV 9.FIDU 10.FENI
2026-03-31	51	$333.2M	25	1FELG 2FELV 3IEF Top holdings2026-03-31 1.FELG 2.FELV 3.IEF 4.IEI 5.FDVV 6.FTEC 7.TIP 8.ICVT 9.GLD 10.FCOM
2025-12-31	55	$363.8M	11	1FELG 2FELV 3LQD Top holdings2025-12-31 1.FELG 2.FELV 3.LQD 4.IEF 5.IEI 6.FTEC 7.FDVV 8.TIP 9.FALN 10.IUSV
2025-09-30	53	$328.3M	84	1FELG 2FELV 3LQD Top holdings2025-09-30 1.FELG 2.FELV 3.LQD 4.IEF 5.IEI 6.FTEC 7.FDVV 8.TIP 9.FALN 10.IUSV
2025-06-30	51	$257.1M	0	1FELG 2FELV 3ISTB Top holdings2025-06-30 1.FELG 2.FELV 3.ISTB 4.LQD 5.TIP 6.IUSV 7.FTEC 8.IEI 9.IEF 10.IUSG
2025-03-31	47	$263.0M	0	1IUSG 2IUSV 3IEF Top holdings2025-03-31 1.IUSG 2.IUSV 3.IEF 4.ISTB 5.FALN 6.LQD 7.TIP 8.IEI 9.FTEC 10.FNCL

Holding changes this quarter

Independence Financial Advisors, LLC's most significant position changes for 2026-06-30: New buy: Ishares Preferred & Income S (PFF); New buy: Fidelity Msci Materials Indx (FMAT); Sold out: Fidelity Msci Energy Index (FENY); New buy: Ishares S&p Mid-cap 400 Valu (IJJ); New buy: Ishares S&p Small-cap 600 Va (IJS).

Position changes disclosed by Independence Financial Advisors, LLC for the quarter ending 2026-06-30, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	FTEC	Fidelity Msci Info Tech Indx	+5.8%	+88.78%	Add
2	PFF	Ishares Preferred & Income S	+4.3%	NEW	New buy
3	FMAT	Fidelity Msci Materials Indx	+3.1%	NEW	New buy
4	IJJ	Ishares S&p Mid-cap 400 Valu	+2.5%	NEW	New buy
5	IJS	Ishares S&p Small-cap 600 Va	+1.9%	NEW	New buy
6	FALN	Ishares Fallen Angels ETF	+1.8%	NEW	New buy
7	LQD	Ishr Ibx Usd Invgd Cb Etf-ui	+1.8%	NEW	New buy
8	TIP	Ishares Tips Bond ETF	+1.4%	+58.31%	Add
9	FDIS	Fidelity Msci Cons Discr Ind	+1.4%	+81.19%	Add
10	FELG	Fidelity Enh Lrg Cap Gwth	+0.9%	+5.27%	Add
11	IJT	Ishares S&p Small-cap 600 Gr	+0.7%	+41.79%	Add
12	ICVT	Ishares Convertible Bond ETF	+0.7%	+13.85%	Add
13	FIDU	Fidelity Msci Indust Indx	+0.1%	+4.61%	Add
14	TRV	Travelers Cos Inc/the	+0.1%	NEW	New buy
15	INTC	Intel CORP	+0.1%	NEW	New buy
16	IXUS	Ishares Core Intl Stock ETF	+0.1%	NEW	New buy
17	FENI	Fidelity Enhanced Intl ETF	0%	+8.21%	Add
18	TD	Toronto-dominion Bank	0%	—	Unchanged
19	FREL	Fidelity Msci Rl Est Indx	0%	+20.45%	Add
20	QQQ	Invesco Qqq Trust Series 1	0%	—	Unchanged
21	VTI	Vanguard Total Stock Mkt ETF	—	+0.29%	Add
22	MTB	M & T Bank CORP	—	-0.04%	Trim
23	JHMM	John Hancock Multi Fact Mid	—	+0.39%	Add
24	VOO	Vanguard S&p 500 ETF	0%	+0.30%	Add
25	JPM	Jpmorgan Chase & Co	0%	+0.13%	Add
26	RSP	Invesco S&p 500 Equal Weight	0%	+0.39%	Add
27	VIG	Vanguard Dividend Apprec ETF	0%	+0.40%	Add
28	AAPL	Apple INC	-0.1%	-31.77%	Trim
29	VZ	Verizon Communications INC	-0.1%	EXIT	Sold out
30	T	At&t INC	-0.1%	EXIT	Sold out
31	MSFT	Microsoft CORP	-0.1%	-25.92%	Trim
32	FLBL	Franklin Senior Loan ETF	-0.1%	+8.82%	Add
33	WMT	Walmart INC	-0.1%	EXIT	Sold out
34	XOM	Exxon Mobil CORP	-0.1%	-20.52%	Trim
35	FCOM	Fidelity Msci Comm Serv Indx	-0.1%	+8.82%	Add
36	FHLC	Fidelity Msci Health Care	-0.2%	-38.54%	Trim
37	AVGO	Broadcom INC	-0.2%	EXIT	Sold out
38	GLD	Spdr Gold Shares	-0.3%	+22.85%	Add
39	ISTB	Ishares Core 1-5 Year Usd Bo	-0.4%	-2.16%	Trim
40	IUSG	Ishares Core S&p U.s. Growth	-0.4%	-27.25%	Trim
41	IEI	Ishares 3-7 Year Treasury Bo	-0.5%	+7.69%	Add
42	IJK	Ishares S&p Mid-cap 400 Grow	-0.7%	-34.39%	Trim
43	IUSV	Ishares Core S&p U.s. Value	-1%	-31.37%	Trim
44	FDVV	Fidelity High Dividend ETF	-1.5%	-25.09%	Trim
45	SHY	Ishares 1-3 Year Treasury Bo	-2%	-86.53%	Trim
46	FUTY	Fidelity Msci US Utilities	-3.2%	-91.12%	Trim
47	FNCL	Fidelity Msci Financial Indx	-3.2%	-92.78%	Trim
48	FENY	Fidelity Msci Energy Index	-3.2%	EXIT	Sold out
49	FELV	Fidelity Enh Lrg Cap Val ETF	-3.4%	-32.45%	Trim
50	IEF	Ishares 7-10 Year Treasury B	-5.5%	-93.01%	Trim

FAQ

What is Independence Financial Advisors, LLC and what type of investor is it?

Independence Financial 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 (2026-06-30), the firm manages a tracked equity portfolio valued at approximately $385.5M, spread across 55 disclosed positions.

What are Independence Financial Advisors, LLC's largest equity positions?

Based on the latest 13F filing, Independence Financial Advisors, LLC's top holdings by market value are: 1. Fidelity Enh Lrg Cap Gwth (FELG) — $58.7M (15.2%) 2. Fidelity Msci Info Tech Indx (FTEC) — $40.3M (10.5%) 3. Fidelity Enh Lrg Cap Val ETF (FELV) — $26.9M (7.0%) 4. Ishares Tips Bond ETF (TIP) — $21.0M (5.5%) 5. Ishares 3-7 Year Treasury Bo (IEI) — $20.7M (5.4%)

What changes did Independence Financial Advisors, LLC make in its most recent portfolio filing?

In the latest reported quarter, Independence Financial Advisors, LLC made 48 notable position adjustments: 9 new positions were initiated, 19 existing holdings were added to, 15 positions were partially reduced, and 5 were completely exited. The largest of these moves: New buy: Ishares Preferred & Income S (PFF); New buy: Fidelity Msci Materials Indx (FMAT); Sold out: Fidelity Msci Energy Index (FENY); New buy: Ishares S&p Mid-cap 400 Valu (IJJ); New buy: Ishares S&p Small-cap 600 Va (IJS)

What sectors does Independence Financial Advisors, LLC focus on?

Independence Financial Advisors, LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Financials: 36.2% • Information Technology: 20.3% • Industrials: 13.7% • Consumer Discretionary: 9.7% • Energy: 8.0% • Materials: 7.8%