INDEPENDENT FINANCIAL GROUP, LLC

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CIK 275484

13F portfolio (2026-Q1)

$4.5B

Positions

1,447

Implied 1Y CAGR

modeled · as filed

Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2025-Q4. A lagged quarterly snapshot (filed ≤45 days after quarter-end); excludes shorts, options, cash, and shares listed only on non-US exchanges — foreign companies held via a US listing or ADR (e.g. Alibaba, TSMC) ARE included.

Implied return what this book implies · modeled, not advice methodology →

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As filed = each book applied at its quarter-end (what the reported book did) · As copyable = applied at its statutory 45-day filing deadline (what a 13F follower could have earned).

Computing…

Hypothetical modeled performance constructed with hindsight — not actual results, and not indicative of future results. See the Disclaimer.

Exposures · what this manager owns, by sector & size (2026-Q1)

Holdings

1447

Top 5

15.7%

Top 10

22.9%

Effective N

105.3

HHI

0.009

This quarter

153 new · 0 exit →

By sector

Unclassified58.9%

Information Technology19.9%

Consumer Discretionary5.1%

Communication Services3.8%

Financials2.8%

Industrials2.5%

Real Estate1.9%

Health Care1.6%

Other3.5%

By market cap

Unknown60.7%

Mega (>$200B)27.0%

Large ($10–200B)10.0%

Mid ($2–10B)1.8%

Small ($300M–2B)0.5%

Micro (<$300M)0.0%

By region

Other58.9%

North America40.2%

Asia-Pacific0.8%

Europe0.2%

Africa0.0%

By industry group GICS — finer than sector

Industry group	Weight	Names
Unclassified	59.29%	880
Semiconductors & Semiconductor Equipment	11.35%	33
Technology Hardware & Equipment	4.07%	23
Specialty Retail	3.65%	22
Software	3.43%	29
Software & IT Services	2.64%	19
Equity Real Estate Investment Trusts (REITs)	1.89%	40
Banks	1.35%	39
Pharmaceuticals & Biotechnology	1.21%	33
Oil, Gas & Consumable Fuels	1.09%	27
Diversified Telecommunication Services	0.90%	8
Machinery	0.83%	21
Automobiles & Components	0.81%	6
Commercial Services & Supplies	0.78%	23
Utilities	0.72%	25
Metals & Mining	0.66%	27
Aerospace & Defense	0.60%	15
Capital Markets	0.55%	25
Electrical Equipment & Components	0.54%	7
Media & Entertainment	0.46%	5
Chemicals	0.40%	19
Communications Equipment	0.33%	7
Health Care Equipment & Supplies	0.30%	12
Hotels, Restaurants & Leisure	0.29%	9
Beverages	0.27%	5
Insurance	0.19%	12
Construction & Engineering	0.15%	10
Textiles, Apparel & Luxury Goods	0.15%	6
Transportation Infrastructure	0.15%	3
Tobacco	0.15%	3
Distributors	0.13%	9
Road & Rail	0.12%	5
Marine	0.08%	3
Entertainment	0.07%	2
Health Care Providers & Services	0.06%	4
Airlines	0.06%	5
Paper & Forest Products	0.06%	3
Food Products	0.04%	7
Agricultural Products	0.04%	2
Construction Materials	0.03%	4
Food & Staples Retailing	0.03%	2
Life Sciences Tools & Services	0.02%	2
Real Estate Management & Development	0.02%	2
Professional Services	0.01%	2
Household Durables	0.01%	1
Media & Publishing	0.00%	1

Top holdings

#	Ticker	Name	Sector	Weight
1	NVDA	NVIDIA CORP	Information Technology	6.61%
2	AAPL	Apple Inc.	Information Technology	2.80%
3	QQQ	INVESCO QQQ TR	Unclassified	2.39%
4	AVGO	Broadcom Inc.	Information Technology	2.15%
5	AMZN	AMAZON COM INC	Consumer Discretionary	1.79%
6	PAAA	PGIM ETF TR	Unclassified	1.71%
7	SPY	STATE STR SPDR S&P 500 ETF T	Unclassified	1.55%
8	MSFT	MICROSOFT CORP	Information Technology	1.54%
9	IVV	ISHARES TR	Unclassified	1.38%
10	VTI	VANGUARD INDEX FDS	Unclassified	1.00%

569/1447 names classified · sector 41.1% of weight · industry 40.7% · mkt cap 39.3%; unclassified names shown, never dropped.

Sector allocation over time · how the GICS mix & top names shifted quarter by quarter

top 5/sector, rest → “Other” · 5 quarters

Information TechnologyNVDA, AAPL, AVGO, MSFT, PLTR · other

Consumer DiscretionaryAMZN, COST, TSLA, WMT, HD · other

Communication ServicesMETA, GOOG, GOOGL, NFLX, VOD · other

FinancialsBRK.B, MSTR, JPM, V, BX · other

IndustrialsBKNG, CAT, UBER, BA, MMM · other

Real EstateSMA, AHR, AGNC, STWD, BXMT · other

Health CareLLY, ABBV, ISRG, JNJ, MRK · other

MaterialsPG, FCX, NKE, SCCO, GLW · other

UtilitiesEPD, SRE, ET, CEG, OKLO · other

EnergyXOM, CVX, DVN, OXY, FANG · other

Consumer StaplesPEP, KO, PM, MO, CVS · other

UnclassifiedQQQ, SPY, PAAA, IVV, VTI · other

Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 41.1% of the book is sector-classified (unclassified names shown, never dropped).

Style box · size × value-growth placement of the reported book (2026-Q1), classified on current fundamentals (not point-in-time) — load it into PORT to overlay your own portfolio

Only 36% of book weight classified — the grid is NOT representative of the whole book.

holdings, colored by sector (421 classified)INDEPENDENT FINANCIAL GROUP, LLC centroid (Large Growth)

Information TechnologyConsumer DiscretionaryCommunication ServicesIndustrialsFinancialsHealth CareReal EstateEnergyMaterialsConsumer StaplesUtilities

Style box summary for INDEPENDENT FINANCIAL GROUP, LLC: centroid Large Growth. Heaviest cells: Large Growth 23.7%, Large Core 4.5%, Large Value 3.3%.

Classified: 36.4% of book weight (421/1445 names) · unclassified 63.6%: QQQ, PAAA, SPY, IVV, VTI, GLD, SPYM, TSM, XLK, BUFR +1014 more. Size: cap 70/20/10 bands; style: value/growth composite on our own metrics — not Morningstar's model.

Contribution holdings-based, any period

No contribution data for this period.

Holdings· 1,447 positions (2026-Q1) · largest first · Δ vs 2025-Q4

#	Security	Shares	Value	Weight	Δ QoQ
1	NVDANVIDIA CORPORATION	1,690,306	$295M	6.6%	HOLD
2	AAPLAPPLE INC	492,087	$125M	2.8%	HOLD
3	QQQINVESCO QQQ TR	184,658	$107M	2.4%	TRIM −4%
4	AVGOBROADCOM INC	310,121	$96M	2.2%	TRIM −6%
5	AMZNAMAZON COM INC	383,080	$80M	1.8%	ADD 2%
6	PAAAPGIM ETF TR	1,493,640	$76M	1.7%	HOLD
7	SPYSTATE STR SPDR S&P 500 ETF T	106,085	$69M	1.5%	TRIM −3%
8	MSFTMICROSOFT CORP	185,111	$69M	1.5%	HOLD
9	IVVISHARES TR	94,167	$62M	1.4%	HOLD
10	VTIVANGUARD INDEX FDS	139,532	$45M	1.0%	HOLD
11	PLTRPALANTIR TECHNOLOGIES INC	299,614	$44M	1.0%	TRIM −7%
12	GOOGALPHABET INC	141,875	$41M	0.9%	HOLD
13	COSTCOSTCO WHSL CORP NEW	34,887	$35M	0.8%	HOLD
14	GLDSPDR GOLD TR	80,696	$35M	0.8%	TRIM −5%
15	SPYMSPDR SERIES TRUST	452,181	$35M	0.8%	ADD 11%
16	GOOGLALPHABET INC	118,248	$34M	0.8%	HOLD
17	METAMETA PLATFORMS INC	57,643	$33M	0.7%	TRIM −3%
18	TSLATESLA INC	87,789	$33M	0.7%	ADD 3%
19	TSMTAIWAN SEMICONDUCTOR MFG LTD	89,035	$30M	0.7%	ADD 17%
20	XLKSELECT SECTOR SPDR TR	221,607	$29M	0.7%	ADD 3%
21	MUMICRON TECHNOLOGY INC	85,275	$29M	0.6%	TRIM −5%
22	BUFRFIRST TR EXCHNG TRADED FD VI	843,779	$28M	0.6%	ADD 12%
23	JAAAJANUS DETROIT STR TR	535,660	$27M	0.6%	HOLD
24	CGDVCAPITAL GROUP DIVIDEND VALUE	632,427	$27M	0.6%	ADD 13%
25	BNDVANGUARD BD INDEX FDS	353,289	$26M	0.6%	ADD 109%
26	RDVYFIRST TR EXCHANGE TRADED FD	360,739	$25M	0.6%	ADD 12%
27	VOOVANGUARD INDEX FDS	40,317	$24M	0.5%	ADD 12%
28	GARPISHARES TR	373,937	$24M	0.5%	HOLD
29	SMHVANECK ETF TRUST	58,751	$23M	0.5%	HOLD
30	QQQINEOS ETF TRUST	446,756	$22M	0.5%	ADD 3%
31	COWZPACER FDS TR	349,193	$22M	0.5%	TRIM −6%
32	IWMISHARES TR	84,381	$21M	0.5%	ADD 108%
33	WMTWALMART INC	163,734	$20M	0.5%	HOLD
34	IJHISHARES TR	289,291	$20M	0.4%	TRIM −3%
35	SLVISHARES SILVER TR	283,261	$19M	0.4%	TRIM −30%
36	BPREBLUEROCK PVT REAL ESTATE FD	1,156,813	$19M	0.4%	ADD 35%
37	SPYGSPDR SERIES TRUST STATE STREET SPD	188,716	$18M	0.4%	ADD 7%
38	BRK.BBERKSHIRE HATHAWAY INC DEL	37,626	$18M	0.4%	HOLD
39	QQQEDIREXION SHS ETF TR	174,972	$17M	0.4%	TRIM −12%
40	JEPQJ P MORGAN EXCHANGE TRADED F	309,893	$17M	0.4%	TRIM −3%
41	BIZDVANECK ETF TRUST	1,319,469	$17M	0.4%	TRIM −3%
42	SDVYFIRST TR EXCHANGE TRADED FD	418,090	$16M	0.4%	ADD 4%
43	XOMEXXON MOBIL CORP	96,212	$16M	0.4%	ADD 35%
44	NFLXNETFLIX INC	169,612	$16M	0.4%	ADD 8%
45	ITOTISHARES TR	112,955	$16M	0.4%	ADD 6%
46	JPSTJ P MORGAN EXCHANGE TRADED F	312,515	$16M	0.4%	TRIM −4%
47	AMDADVANCED MICRO DEVICES INC	76,703	$16M	0.4%	HOLD
48	GDXVANECK ETF TRUST GOLD MINERS ETF	166,544	$15M	0.3%	TRIM −14%
49	SNTHMRP SYNTHEQUITY ETF	566,706	$15M	0.3%	HOLD
50	VOTVANGUARD INDEX FDS	57,328	$15M	0.3%	HOLD
51	VODVODAFONE GROUP PLC	976,548	$15M	0.3%	ADD 6%
52	DYNFBLACKROCK ETF TRUST	247,197	$14M	0.3%	TRIM −7%
53	XLESELECT SECTOR SPDR TR	233,796	$14M	0.3%	ADD 43%
54	FSKFS KKR CAP CORP	1,396,710	$14M	0.3%	TRIM −10%
55	VUGVANGUARD INDEX FDS	32,419	$14M	0.3%	ADD 3%
56	JBBBJANUS DETROIT STR TR	283,261	$13M	0.3%	ADD 3%
57	SCHDSCHWAB STRATEGIC TR	426,385	$13M	0.3%	ADD 16%
58	IBMINTERNATIONAL BUSINESS MACHS	53,837	$13M	0.3%	TRIM −14%
59	SCHGSCHWAB U.S. LARGE-CAP GROWTH ETF	446,342	$13M	0.3%	ADD 6%
60	IJSISHARES TR	108,686	$13M	0.3%	ADD 269%
61	SGOVISHARES TR	127,165	$13M	0.3%	TRIM −22%
62	PDIPIMCO DYNAMIC INCOME FD	731,544	$13M	0.3%	HOLD
63	TQQQPROSHARES TR	298,228	$12M	0.3%	ADD 12%
64	JPMJPMORGAN CHASE & CO	41,936	$12M	0.3%	TRIM −14%
65	ITAIShares U.S. Aerospace & Defense ETF	55,944	$12M	0.3%	HOLD
66	MOATVANECK ETF TRUST	126,479	$12M	0.3%	HOLD
67	GEVGE VERNOVA INC	13,582	$12M	0.3%	ADD 24%
68	COROBLACKROCK ETF TRUST	353,597	$11M	0.3%	NEW
69	CATCATERPILLAR INC	15,957	$11M	0.3%	HOLD
70	SMASMARTSTOP SELF STORAG REIT I	369,641	$11M	0.3%	ADD 2%
71	CIBRFIRST TR EXCHANGE-TRADED FD	177,059	$11M	0.2%	TRIM −2%
72	IAUISHARES GOLD TR	125,483	$11M	0.2%	TRIM −24%
73	FDTFIRST TR EXCH TRD ALPHDX FD	125,226	$11M	0.2%	ADD 12%
74	VYMIVANGUARD WHITEHALL FDS	113,941	$11M	0.2%	ADD 4%
75	LLYELI LILLY & CO	11,615	$11M	0.2%	TRIM −10%
76	VYMVANGUARD WHITEHALL FDS	72,110	$11M	0.2%	ADD 8%
77	JEPIJPMorgan Equity Premium Income ETF	187,928	$11M	0.2%	HOLD
78	BILSPDR SERIES TRUST	115,148	$11M	0.2%	TRIM −12%
79	MSTRSTRATEGY INC	84,224	$11M	0.2%	ADD 4%
80	SOXXISHARES TR	31,915	$10M	0.2%	ADD 26%
81	JQUAJ P MORGAN EXCHANGE TRADED F	170,851	$10M	0.2%	ADD 3%
82	RWJINVESCO EXCH TRADED FD TR II	203,532	$10M	0.2%	HOLD
83	VGTVANGUARD WORLD FD	14,715	$10M	0.2%	HOLD
84	HDHOME DEPOT INC	31,149	$10M	0.2%	ADD 2%
85	QUALISHARES TR	53,252	$10M	0.2%	HOLD
86	IJKISHARES TR	100,594	$10M	0.2%	ADD 619%
87	ABBVABBVIE INC	46,453	$10M	0.2%	ADD 5%
88	QQQMINVESCO EXCH TRADED FD TR II	41,652	$10M	0.2%	ADD 15%
89	VZVERIZON COMMUNICATIONS INC	196,912	$10M	0.2%	ADD 37%
90	RSPINVESCO EXCHANGE TRADED FD T	50,978	$10M	0.2%	ADD 14%
91	ICOWPacer FDS TR Developed Mrkts Int'l CC ETF	229,090	$10M	0.2%	ADD 2%
92	CVXCHEVRON CORP NEW	46,563	$10M	0.2%	ADD 53%
93	VVISA INC	31,577	$10M	0.2%	TRIM −3%
94	FLRTPACER FDS TR	203,383	$9M	0.2%	ADD 36%
95	SPTMSPDR SERIES TRUST	118,409	$9M	0.2%	HOLD
96	FTCBFIRST TR EXCHANGE-TRADED FD	437,145	$9M	0.2%	ADD 405%
97	PSECPROSPECT CAP CORP	3,460,351	$9M	0.2%	ADD 155%
98	UYLDANGEL OAK FUNDS TRUST	176,778	$9M	0.2%	HOLD
99	VIGVANGUARD SPECIALIZED FUNDS	41,732	$9M	0.2%	HOLD
100	SPYVSPDR SERIES TRUST	157,612	$9M	0.2%	TRIM −3%
101	MGKVanguard Mega Cap Growth ETF	24,267	$9M	0.2%	ADD 6%
102	CGGRCAPITAL GROUP GROWTH ETF	221,660	$9M	0.2%	TRIM −4%
103	SRLNSSGA ACTIVE ETF TR	221,762	$9M	0.2%	HOLD
104	CRWDCROWDSTRIKE HLDGS INC	22,767	$9M	0.2%	TRIM −9%
105	SSOPROSHARES TR	171,199	$9M	0.2%	HOLD
106	PANWPALO ALTO NETWORKS INC	55,313	$9M	0.2%	ADD 5%
107	XLCSELECT SECTOR SPDR TR	78,820	$9M	0.2%	TRIM −13%
108	SPYINEOS ETF TRUST	173,720	$9M	0.2%	TRIM −14%
109	VBKVANGUARD INDEX FDS	28,093	$8M	0.2%	HOLD
110	TSPAT. Rowe Price US Equity Research ETF	206,497	$8M	0.2%	ADD 2%
111	TOPTISHARES TR	294,826	$8M	0.2%	ADD 315%
112	SPDWSPDR INDEX SHS FDS	180,344	$8M	0.2%	ADD 3%
113	GEGE AEROSPACE	28,970	$8M	0.2%	ADD 3%
114	NUKZEXCHANGE TRADED CONCEPTS TRU	123,946	$8M	0.2%	ADD 10%
115	EFVISHARES TR	109,486	$8M	0.2%	TRIM −35%
116	ASTSAST SPACEMOBILE INC	97,838	$8M	0.2%	TRIM −12%
117	XLFSELECT SECTOR SPDR TR	163,981	$8M	0.2%	TRIM −8%
118	NETCLOUDFLARE INC	38,356	$8M	0.2%	TRIM −13%
119	IEMGISHARES INC	111,306	$8M	0.2%	ADD 60%
120	VEAVANGUARD TAX-MANAGED FDS	120,478	$8M	0.2%	ADD 158%
121	AIRRFirst Trust RBA Amern Indl Renaissance ETF	69,602	$8M	0.2%	ADD 11%
122	DIASPDR DOW JONES INDL AVERAGE	16,536	$8M	0.2%	TRIM −9%
123	SHVISHARES TR	68,152	$8M	0.2%	TRIM −4%
124	VTVVANGUARD INDEX FDS	36,778	$7M	0.2%	ADD 41%
125	KNGFIRST TR EXCHANGE-TRADED FD	145,516	$7M	0.2%	TRIM −9%
126	JNJJOHNSON & JOHNSON	28,915	$7M	0.2%	HOLD
127	ISVLISHARES TR	145,438	$7M	0.2%	ADD 971%
128	AGNCAGNC Investment Corp	692,433	$7M	0.2%	TRIM −22%
129	CGICCAPITAL GROUP INTERNATIONAL	209,118	$7M	0.2%	ADD 60%
130	SHLDGLOBAL X FDS	97,668	$7M	0.2%	ADD 25%
131	ENFRALPS ETF TR	179,948	$7M	0.2%	ADD 21%
132	BABOEING CO	34,544	$7M	0.2%	HOLD
133	SPMOInvesco ETF Trust II - S&P500 Momentum ETF	61,271	$7M	0.2%	TRIM −15%
134	XLISELECT SECTOR SPDR TR	42,394	$7M	0.2%	ADD 36%
135	IJRISHARES TR	55,102	$7M	0.2%	ADD 5%
136	VXUSVANGUARD STAR FDS	88,038	$7M	0.2%	ADD 45%
137	FCXFREEPORT MCMORAN INC	115,004	$7M	0.2%	TRIM −14%
138	PEPPEPSICO INC	43,482	$7M	0.2%	ADD 9%
139	CSCOCISCO SYS INC	85,856	$7M	0.1%	TRIM −11%
140	NLYANNALY CAPITAL MANAGEMENT IN	314,747	$7M	0.1%	ADD 5%
141	IUSBISHARES TR	143,675	$7M	0.1%	ADD 4%
142	CSHINEOS ETF TRUST	132,920	$7M	0.1%	ADD 494%
143	XLVSELECT SECTOR SPDR TR	44,887	$7M	0.1%	ADD 20%
144	PAVEGLOBAL X FDS	128,447	$7M	0.1%	ADD 9%
145	MTUMISHARES TR	27,051	$6M	0.1%	ADD 9%
146	USMVISHARES TR	69,319	$6M	0.1%	ADD 5%
147	EPDENTERPRISE PRODS PARTNERS L	168,864	$6M	0.1%	TRIM −12%
148	TJXTJX COS INC NEW	39,996	$6M	0.1%	HOLD
149	SPMDSPDR SERIES TRUST	107,351	$6M	0.1%	HOLD
150	LVHILEGG MASON ETF INVT	154,367	$6M	0.1%	TRIM −2%
151	BALTINNOVATOR ETFS TRUST	182,302	$6M	0.1%	TRIM −12%
152	SPABSPDR SERIES TRUST	236,874	$6M	0.1%	ADD 5%
153	MRKMERCK & CO INC	50,132	$6M	0.1%	ADD 4%
154	TAT&T INC	206,097	$6M	0.1%	ADD 65%
155	PFFISHARES TR	191,640	$6M	0.1%	ADD 2%
156	BXMTBLACKSTONE MTG TR INC	302,797	$6M	0.1%	ADD 9%
157	ISRGINTUITIVE SURGICAL INC	12,575	$6M	0.1%	ADD 29%
158	XLUSELECT SECTOR SPDR TR	125,907	$6M	0.1%	HOLD
159	MBBISHARES TR	60,582	$6M	0.1%	ADD 3%
160	GSLCGOLDMAN SACHS ETF TR	45,768	$6M	0.1%	HOLD
161	UBERUBER TECHNOLOGIES INC	78,504	$6M	0.1%	TRIM −3%
162	SKYYFIRST TR EXCHANGE-TRADED FD	51,618	$6M	0.1%	ADD 2%
163	AHRAMERICAN HEALTHCARE REIT INC	118,962	$6M	0.1%	TRIM −8%
164	EEMISHARES TR	98,599	$6M	0.1%	TRIM −26%
165	TDVIFIRST TR EXCHANGE-TRADED FD	207,309	$6M	0.1%	ADD 7%
166	TIPISHARES TR	49,683	$5M	0.1%	ADD 8%
167	STWDSTARWOOD PPTY TR INC	317,206	$5M	0.1%	ADD 8%
168	BKNGBOOKING HOLDINGS INC	1,294	$5M	0.1%	TRIM −7%
169	GDLCGRAYSCALE COINDESK CRYPTO 5 ETF	172,147	$5M	0.1%	ADD 5%
170	AMZAETFIS SER TR I	115,062	$5M	0.1%	HOLD
171	QDPLPACER FDS TR	129,628	$5M	0.1%	HOLD
172	BILSSPDR SERIES TRUST	51,745	$5M	0.1%	TRIM −3%
173	GSGOLDMAN SACHS GROUP INC	6,022	$5M	0.1%	ADD 40%
174	MINTPIMCO ETF TR	50,191	$5M	0.1%	HOLD
175	CPAINORTHERN LTS FD TR III	120,431	$5M	0.1%	ADD 14%
176	BAIBLACKROCK ETF TRUST	151,605	$5M	0.1%	ADD 10%
177	ARCCARES CAPITAL CORP	273,308	$5M	0.1%	TRIM −6%
178	VBVANGUARD INDEX FDS	18,715	$5M	0.1%	ADD 16%
179	VOOGVANGUARD ADMIRAL FDS INC	11,997	$5M	0.1%	ADD 8%
180	QCOMQUALCOMM INC	37,946	$5M	0.1%	HOLD
181	IVWISHARES TR	43,169	$5M	0.1%	TRIM −34%
182	AMATAPPLIED MATLS INC	14,228	$5M	0.1%	ADD 48%
183	XMVMINVESCO EXCHANGE TRADED FD T	73,622	$5M	0.1%	ADD 9%
184	PGPROCTER AND GAMBLE CO	32,972	$5M	0.1%	ADD 4%
185	BMNRBITMINE IMMERSION TECNOLOGIE	239,244	$5M	0.1%	ADD 14%
186	SBRASABRA HEALTH CARE REIT INC	245,647	$5M	0.1%	ADD 3%
187	GCOWPacer Global Cash Cows Dividend ETF	101,847	$5M	0.1%	ADD 22%
188	FTCSFIRST TR EXCHANGE-TRADED FD	50,680	$5M	0.1%	HOLD
189	OXYOCCIDENTAL PETE CORP	72,306	$5M	0.1%	ADD 837%
190	LRCXLAM RESEARCH CORP	21,888	$5M	0.1%	ADD 12%
191	CIENCIENA CORP	12,002	$5M	0.1%	ADD 88%
192	BACBANK AMERICA CORP	95,365	$5M	0.1%	ADD 2%
193	GRIDFIRST TR EXCHANGE TRADED FD	28,326	$5M	0.1%	ADD 52%
194	VRTVERTIV HOLDINGS CO	18,412	$5M	0.1%	TRIM −9%
195	THROBLACKROCK ETF TRUST	127,153	$5M	0.1%	ADD 9%
196	IGIBISHARES TR	86,431	$5M	0.1%	ADD 2%
197	RDVIFT Vest. Ris. Div. Ach. Trg. Inc. ETF	176,776	$5M	0.1%	ADD 18%
198	RTXRTX CORPORATION	23,335	$5M	0.1%	ADD 16%
199	SPBWAIM ETF PRODUCTS TRUST	164,342	$4M	0.1%	ADD 22%
200	EFAISHARES TR	45,766	$4M	0.1%	TRIM −23%

showing the top 200 by weight

Position trends· top 15 holdings · shares held over 6 quarters

green added · red trimmed

Security

2024-Q4

2025-Q1

2025-Q2

2025-Q3

2025-Q4

2026-Q1

Latest value

NVDANVIDIA CORPORATION

—

1.6M

1.7M

$295M

AAPLAPPLE INC

—

473K

479K

497K

492K

$125M

QQQINVESCO QQQ TR

—

162K

173K

176K

193K

185K

$107M

AVGOBROADCOM INC

—

368K

342K

328K

332K

310K

$96M

AMZNAMAZON COM INC

—

328K

351K

356K

375K

383K

$80M

PAAAPGIM ETF TR

—

268K

1.3M

1.5M

$76M

SPYSTATE STR SPDR S&P 500 ETF T

—

93K

103K

106K

109K

106K

$69M

MSFTMICROSOFT CORP

—

159K

167K

170K

184K

185K

$69M

IVVISHARES TR

—

79K

86K

92K

93K

94K

$62M

VTIVANGUARD INDEX FDS

—

133K

144K

140K

$45M

PLTRPALANTIR TECHNOLOGIES INC

—

231K

353K

349K

322K

300K

$44M

GOOGALPHABET INC

—

125K

133K

141K

144K

142K

$41M

COSTCOSTCO WHSL CORP NEW

—

34K

35K

$35M

GLDSPDR GOLD TR

—

75K

74K

82K

85K

81K

$35M

SPYMSPDR SERIES TRUST

—

318K

380K

426K

408K

452K

$35M

Shares reported each quarter by the largest current holdings. Green = added vs the prior filing of that name, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.

☆INDEPENDENT FINANCIAL GROUP, LLC

Implied return what this book implies · modeled, not advice methodology →

Exposures · what this manager owns, by sector & size (2026-Q1)

By sector

By market cap

By region

By industry group GICS — finer than sector

Top holdings

Sector allocation over time · how the GICS mix & top names shifted quarter by quarter

Style box · size × value-growth placement of the reported book (2026-Q1), classified on current fundamentals (not point-in-time) — load it into PORT to overlay your own portfolio

Contribution holdings-based, any period

Holdings· 1,447 positions (2026-Q1) · largest first · Δ vs 2025-Q4

Position trends· top 15 holdings · shares held over 6 quarters

Related· where to look next

INDEPENDENT FINANCIAL GROUP, LLC