Latest Independent Wealth Network Inc. Stock Portfolio

Independent Wealth Network Inc. Performance:

2024 Q3: 2.06%YTD: 3.68%2023: 6.55%

Performance for 2024 Q3 is 2.06%, and YTD is 3.68%, and 2023 is 6.55%.

About Independent Wealth Network Inc. and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, Independent Wealth Network Inc. reported an equity portfolio of $226.3 Millions as of 30 Sep, 2024.

The top stock holdings of Independent Wealth Network Inc. are CAT, BIL, BBAX. The fund has invested 4.6% of it's portfolio in CATERPILLAR INC and 4.3% of portfolio in SPDR SER TR.

The fund managers got completely rid off TIDAL ETF TR (ACSI), HARTFORD FDS EXCHANGE TRADED (HCOM) and EATON VANCE SR FLTNG RTE TR stocks. They significantly reduced their stock positions in PACER FDS TR (AFTY), SELECT SECTOR SPDR TR (XLB) and AT&T INC (T). Independent Wealth Network Inc. opened new stock positions in ISHARES TR (AAXJ), J P MORGAN EXCHANGE TRADED F (BBAX) and SCHWAB STRATEGIC TR (FNDA). The fund showed a lot of confidence in some stocks as they added substantially to COLLABORATIVE INVESTMNT SER (DSPC), FIRST TR EXCHANGE-TRADED FD (BGLD) and WALMART INC (WMT).

Independent Wealth Network Inc. Annual Return Estimates Vs S&P 500

Our best estimate is that Independent Wealth Network Inc. made a return of 2.06% in the last quarter. In trailing 12 months, it's portfolio return was 6.64%.

New Buys

Ticker	$ Bought
ishares tr	2,607,990
j p morgan exchange traded f	571,710
schwab strategic tr	496,460
ishares tr	465,337
j p morgan exchange traded f	464,792
netflix inc	290,801
first tr exchange-traded fd	260,898
international business machs	241,692

New stocks bought by Independent Wealth Network Inc.

Additions

Ticker	% Inc.
collaborative investmnt ser	92.97
first tr exchange-traded fd	77.49
walmart inc	70.64
pacer fds tr	60.13
pacer fds tr	56.29
j p morgan exchange traded f	47.64
ishares gold tr	43.5
abbvie inc	35.21

Additions to existing portfolio by Independent Wealth Network Inc.

Reductions

Ticker	% Reduced
pacer fds tr	-93.4
select sector spdr tr	-69.42
at&t inc	-35.46
spdr s&p 500 etf tr	-29.94
wisdomtree tr	-26.32
palantir technologies inc	-24.88
first tr exchange-traded fd	-23.00
pacer fds tr	-22.4

Independent Wealth Network Inc. reduced stake in above stock

Sold off

Ticker	$ Sold
eaton vance sr fltng rte tr	-1,098,960
tidal etf tr	-2,517,490
hartford fds exchange traded	-1,383,080
pimco corporate & income opp	-667,633
cohen & steers closed-end op	-153,807
j p morgan exchange traded f	-554,232
fidelity comwlth tr	-640,209
invesco exch traded fd tr ii	-576,171

Independent Wealth Network Inc. got rid off the above stocks

Sector Distribution

Independent Wealth Network Inc. has about 68.5% of it's holdings in Others sector.

Sector	%
Others	68.5
Technology	7.8
Industrials	6.3
Energy	3.1
Consumer Defensive	2.8
Consumer Cyclical	2.6
Healthcare	2.5
Utilities	2.1
Financial Services	2.1
Communication Services	1.9

Market Cap. Distribution

Independent Wealth Network Inc. has about 26.9% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	68.5
MEGA-CAP	14.2
LARGE-CAP	12.7
SMALL-CAP	2.2
MID-CAP	1.2
MICRO-CAP	1.2

Stocks belong to which Index?

About 29.4% of the stocks held by Independent Wealth Network Inc. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	70.5
S&P 500	25.5
RUSSELL 2000	3.9

Top 5 Winners (%)		%
PLTR	palantir technologies inc	40.1 %
AKBA	akebia therapeutics inc	29.9 %
TSLA	tesla inc	27.7 %
SHW	sherwin williams co	27.1 %
AFL	aflac inc	25.0 %

Top 5 Winners ($)		$
CAT	caterpillar inc	1.5 M
AAPL	apple inc	0.5 M
PLTR	palantir technologies inc	0.4 M
GLD	spdr gold tr	0.3 M
META	meta platforms inc	0.2 M

Top 5 Losers (%)		%
CTAS	cintas corp	-72.8 %
INTC	intel corp	-24.7 %
JBI	janus international group in	-19.9 %
BA	boeing co	-16.4 %
QCOM	qualcomm inc	-13.8 %

Top 5 Losers ($)		$
CTAS	cintas corp	-0.6 M
CVX	chevron corp new	-0.3 M
MSFT	microsoft corp	-0.2 M
BA	boeing co	-0.1 M
JBI	janus international group in	-0.1 M

Independent Wealth Network Inc. Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Independent Wealth Network Inc.

Independent Wealth Network Inc. has 219 stocks in it's portfolio. About 29.4% of the portfolio is in top 10 stocks. CTAS proved to be the most loss making stock for the portfolio. CAT was the most profitable stock for Independent Wealth Network Inc. last quarter.

Last Reported on: 15 Oct, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	2.09	20,337	4,738,510	reduced	-2.39

AAXJ	ishares tr	2.09	39,521	4,724,710	added	1.85

AAXJ	ishares tr	1.15	23,574	2,607,990	new

AAXJ	ishares tr	1.14	41,734	2,569,550	added	3.4

AAXJ	ishares tr	0.41	6,248	934,948	added	2.39

AAXJ	ishares tr	0.28	8,200	643,256	reduced	-0.73

AAXJ	ishares tr	0.26	19,370	585,549	added	1.05

AAXJ	ishares tr	0.25	10,262	557,560	reduced	-4.9

AAXJ	ishares tr	0.14	4,040	324,445	reduced	-12.35

ABBV	abbvie inc	0.26	3,022	596,846	added	35.21

ABT	abbott labs	0.12	2,412	274,963	reduced	-3.79

ACES	alps etf tr	0.14	6,808	320,877	added	1.57

ACSI	tidal etf tr	0.00	0.00	0.00	sold off	-100

ACWF	ishares tr	0.20	10,332	462,552	reduced	-0.4

ACWF	ishares tr	0.13	6,318	297,704	reduced	-6.33

ACWV	ishares inc	0.30	25,364	687,615	added	0.92

ACWV	ishares inc	0.10	2,044	234,099	reduced	-0.97

ADBE	adobe inc	0.00	0.00	0.00	sold off	-100

ADP	automatic data processing in	0.10	797	220,422	new

AFK	vaneck etf trust	0.00	0.00	0.00	sold off	-100