Independent Financial Group, LLC

13F filer · CIK 0000275484

Reported Jul 15, 2026

Net buyer this quarter

13F portfolio value$5.35BU.S. long equity reported on 13F

Positions781109 new · 71 closed

Net flow last quarter+$128MBuys minus sells

Top 10 positions weight22.9%Concentration

Holdings

13F · last 4 quarters free

Scroll for earlier quarters

Company	Value	% of portfolio	% of company	POSITION CHANGE qoq %	First reported
Q2 2026Reported Jul 15, 2026781 positions
NVDANvidia Corp	$343M	6.41%	0.01%	+1.3%	Q1 2020
QQQInvesco QQQ Trust, Series 1	$143M	2.68%	Not reported	+5.2%	Q1 2020
AAPLApple Inc.	$142M	2.65%	0.00%	-0.6%	Q1 2020
MUMicron Technology Inc	$128M	2.40%	0.01%	+30.2%	Q1 2020
AVGOBroadcom Inc.	$120M	2.24%	0.01%	+2.1%	Q1 2020
AMZNAmazon Com Inc	$94.9M	1.78%	0.00%	+4.0%	Q1 2020
SPYSPDR S&P 500 ETF Trust	$80.5M	1.50%	Not reported	+1.6%	Q1 2020
MSFTMicrosoft Corp	$72M	1.35%	0.00%	+4.3%	Q1 2020
GOOGAlphabet Inc.	$53.7M	1.00%	Not reported	+7.2%	Q1 2020
TSMTaiwan Semiconductor Manufacturing Co Ltd	$47.2M	0.88%	0.00%	+11.0%	Q1 2020
AMDAdvanced Micro Devices Inc	$44.7M	0.84%	0.00%	+0.4%	Q1 2020
GOOGLAlphabet Inc.	$42M	0.79%	0.00%	-0.5%	Q1 2020
SMHMarket Vectors ETF Trust	$40.9M	0.76%	Not reported	+6.1%	Q3 2020
TSLATesla, Inc.	$38.3M	0.72%	0.00%	+3.7%	Q1 2020
SNDKSandisk Corp	$35.6M	0.67%	0.01%	+141.2%	Q3 2025
COSTCostco Wholesale Corp	$31.8M	0.60%	0.01%	-2.5%	Q1 2020
METAMeta Platforms, Inc.	$29.3M	0.55%	Not reported	-9.6%	Q1 2020
GLDSPDR Gold Trust	$27.1M	0.51%	0.02%	-9.0%	Q1 2020
PLTRPalantir Technologies Inc.	$22M	0.41%	0.01%	-37.2%	Q4 2020
BRK.BBerkshire Hathaway Inc	$19.8M	0.37%	Not reported	+5.3%	Q1 2020
CATCaterpillar Inc	$19.3M	0.36%	0.00%	+13.8%	Q1 2020
MRVLMarvell Technology, Inc.	$18.7M	0.35%	0.01%	+273.0%	Q3 2022
WMTWalmart Inc.	$18M	0.34%	0.00%	-3.0%	Q1 2020
VOTVan Kampen Municipal Opportunity Trust II	$17.3M	0.32%	Not reported	-1.5%	Q1 2020
GEVGE Vernova Inc.	$16.7M	0.31%	0.01%	+5.0%	Q2 2024
PANWPalo Alto Networks Inc	$16.5M	0.31%	0.01%	-12.6%	Q1 2020
BPREBluerock Private Real Estate Fund	$16.3M	0.31%	Not reported	+8.5%	Q4 2025
CRWDCrowdStrike Holdings, Inc.	$16.3M	0.30%	0.01%	-6.2%	Q3 2020
LLYELI LILLY & Co	$16.2M	0.30%	0.00%	+16.3%	Q1 2020
AMATApplied Materials Inc	$16.2M	0.30%	0.00%	+57.1%	Q1 2020
GLWCorning Inc	$14.5M	0.27%	0.01%	+92.5%	Q2 2024
LRCXLam Research Corp	$14.5M	0.27%	0.00%	+52.9%	Q2 2021
JPMJPMorgan Chase & Co	$14.3M	0.27%	0.00%	+3.9%	Q1 2020
FDTFederal Trust Corp	$14.2M	0.27%	Not reported	+20.0%	Q3 2025
CRDOCredo Technology Group Holding Ltd	$14.2M	0.26%	0.03%	+18.2%	Q4 2024
INTCIntel Corp	$13.2M	0.25%	0.00%	+10.8%	Q1 2020
VYMDelaware Investments Minnesota Municipal Income Fund III Inc	$12.2M	0.23%	Not reported	+6.9%	Q1 2020
SMASmartStop Self Storage REIT, Inc.	$12.2M	0.23%	0.68%	+1.4%	Q2 2025
BEBloom Energy Corp	$12.1M	0.23%	0.01%	+636.4%	Q2 2021
ABBVAbbVie Inc.	$12.1M	0.23%	0.00%	+3.2%	Q1 2020
PDIPIMCO Dynamic Income Fund	$12M	0.22%	Not reported	-1.9%	Q1 2020
CSCOCisco Systems, Inc.	$11.6M	0.22%	0.00%	+14.8%	Q1 2020
VVisa Inc.	$11.3M	0.21%	0.00%	+3.9%	Q1 2020
SLViShares Silver Trust	$11.2M	0.21%	0.04%	-26.0%	Q1 2020
HDHome Depot, Inc.	$11M	0.21%	0.00%	+0.3%	Q1 2020
GEGeneral Electric Co	$11M	0.21%	0.00%	+1.4%	Q3 2021
XOMExxonMobil Holdings Corp	$10.4M	0.20%	0.00%	-20.7%	Q1 2020
STXSeagate Technology Holdings plc	$10.4M	0.19%	0.00%	+5.1%	Q4 2023
DELLDell Technologies Inc.	$10.3M	0.19%	0.00%	+201.2%	Q2 2024
ASTSAST SpaceMobile, Inc.	$10.2M	0.19%	Not reported	+17.5%	Q4 2024

Q1 2026Reported May 15, 2026741 positions
NVDANvidia Corp	$295M	6.61%	0.01%	-1.4%	Q1 2020
AAPLApple Inc.	$125M	2.80%	0.00%	-1.1%	Q1 2020
QQQInvesco QQQ Trust, Series 1	$107M	2.39%	Not reported	-4.2%	Q1 2020
AVGOBroadcom Inc.	$96M	2.15%	0.01%	-6.5%	Q1 2020
AMZNAmazon Com Inc	$79.8M	1.79%	0.00%	+2.2%	Q1 2020
SPYSPDR S&P 500 ETF Trust	$69M	1.55%	Not reported	-2.7%	Q1 2020
MSFTMicrosoft Corp	$68.5M	1.54%	0.00%	+0.9%	Q1 2020
PLTRPalantir Technologies Inc.	$43.8M	0.98%	0.01%	-7.1%	Q4 2020
GOOGAlphabet Inc.	$40.7M	0.91%	Not reported	-1.8%	Q1 2020
COSTCostco Wholesale Corp	$34.8M	0.78%	0.01%	-0.3%	Q1 2020
GLDSPDR Gold Trust	$34.7M	0.78%	0.02%	-5.1%	Q1 2020
GOOGLAlphabet Inc.	$34M	0.76%	0.00%	-1.4%	Q1 2020
METAMeta Platforms, Inc.	$33M	0.74%	Not reported	-2.9%	Q1 2020
TSLATesla, Inc.	$32.6M	0.73%	0.00%	+2.8%	Q1 2020
TSMTaiwan Semiconductor Manufacturing Co Ltd	$30.1M	0.68%	0.00%	+16.6%	Q1 2020
MUMicron Technology Inc	$28.8M	0.65%	0.01%	-5.4%	Q1 2020
SMHMarket Vectors ETF Trust	$22.5M	0.51%	Not reported	+0.2%	Q3 2020
WMTWalmart Inc.	$20.3M	0.46%	0.00%	+0.3%	Q1 2020
SLViShares Silver Trust	$19.3M	0.43%	0.05%	-29.8%	Q1 2020
BPREBluerock Private Real Estate Fund	$19.2M	0.43%	Not reported	+34.7%	Q4 2025
BRK.BBerkshire Hathaway Inc	$18M	0.40%	Not reported	+0.9%	Q1 2020
XOMExxonMobil Holdings Corp	$16.3M	0.37%	0.00%	+35.0%	Q1 2020
NFLXNetflix Inc	$16.3M	0.37%	0.00%	+7.7%	Q1 2020
AMDAdvanced Micro Devices Inc	$15.6M	0.35%	0.00%	+0.9%	Q1 2020
VOTVan Kampen Municipal Opportunity Trust II	$14.8M	0.33%	Not reported	+0.9%	Q1 2020
VODVodafone Group Public Ltd Co	$14.7M	0.33%	0.00%	+5.9%	Q1 2020
FSKFS KKR Capital Corp	$14.2M	0.32%	0.50%	-9.8%	Q2 2020
IBMInternational Business Machines Corp	$13M	0.29%	0.01%	-13.6%	Q1 2020
PDIPIMCO Dynamic Income Fund	$12.5M	0.28%	Not reported	+0.3%	Q1 2020
JPMJPMorgan Chase & Co	$12.3M	0.28%	0.00%	-13.7%	Q1 2020
GEVGE Vernova Inc.	$11.9M	0.27%	0.01%	+23.7%	Q2 2024
CATCaterpillar Inc	$11.3M	0.25%	0.00%	-0.7%	Q1 2020
SMASmartStop Self Storage REIT, Inc.	$11.2M	0.25%	0.67%	+2.2%	Q2 2025
IAUIshares Gold Trust	$11.1M	0.25%	0.01%	-23.6%	Q1 2020
FDTFederal Trust Corp	$10.9M	0.24%	Not reported	+12.3%	Q3 2025
LLYELI LILLY & Co	$10.7M	0.24%	0.00%	-10.5%	Q1 2020
VYMDelaware Investments Minnesota Municipal Income Fund III Inc	$10.7M	0.24%	Not reported	+8.0%	Q1 2020
MSTRStrategy Inc	$10.5M	0.24%	Not reported	+3.9%	Q4 2023
HDHome Depot, Inc.	$10.2M	0.23%	0.00%	+2.2%	Q1 2020
ABBVAbbVie Inc.	$10.1M	0.23%	0.00%	+5.2%	Q1 2020
VZVerizon Communications Inc	$9.88M	0.22%	0.00%	+37.4%	Q1 2020
CVXChevron Corp	$9.63M	0.22%	0.00%	+53.3%	Q1 2020
VVisa Inc.	$9.54M	0.21%	0.00%	-3.5%	Q1 2020
PSECProspect Capital Corp	$9.03M	0.20%	0.71%	+155.4%	Q1 2020
CRWDCrowdStrike Holdings, Inc.	$8.89M	0.20%	0.01%	-8.9%	Q3 2020
PANWPalo Alto Networks Inc	$8.87M	0.20%	0.01%	+5.1%	Q1 2020
GEGeneral Electric Co	$8.22M	0.18%	0.00%	+2.9%	Q3 2021
ASTSAST SpaceMobile, Inc.	$8.11M	0.18%	Not reported	-11.8%	Q4 2024
NETCloudflare, Inc.	$7.91M	0.18%	Not reported	-12.8%	Q4 2021
DIASPDR Dow Jones Industrial Average ETF Trust	$7.66M	0.17%	Not reported	-9.3%	Q1 2020

Q4 2025Reported May 15, 2026725 positions
NVDANvidia Corp	$320M	7.13%	0.01%	+1.7%	Q1 2020
AAPLApple Inc.	$135M	3.02%	0.00%	+3.9%	Q1 2020
QQQInvesco QQQ Trust, Series 1	$118M	2.64%	Not reported	+9.5%	Q1 2020
AVGOBroadcom Inc.	$115M	2.56%	0.01%	+1.1%	Q1 2020
MSFTMicrosoft Corp	$88.8M	1.98%	0.00%	+7.7%	Q1 2020
AMZNAmazon Com Inc	$86.5M	1.93%	0.00%	+5.3%	Q1 2020
SPYSPDR S&P 500 ETF Trust	$74.3M	1.66%	Not reported	+3.1%	Q1 2020
PLTRPalantir Technologies Inc.	$57.3M	1.28%	0.01%	-7.5%	Q4 2020
GOOGAlphabet Inc.	$45.3M	1.01%	Not reported	+2.1%	Q1 2020
METAMeta Platforms, Inc.	$39.2M	0.87%	Not reported	+11.8%	Q1 2020
TSLATesla, Inc.	$38.4M	0.86%	0.00%	+2.8%	Q1 2020
GOOGLAlphabet Inc.	$37.5M	0.84%	0.00%	+8.9%	Q1 2020
GLDSPDR Gold Trust	$33.7M	0.75%	0.02%	+3.2%	Q1 2020
COSTCostco Wholesale Corp	$30.2M	0.67%	0.01%	+2.3%	Q1 2020
SLViShares Silver Trust	$26M	0.58%	0.08%	+58.9%	Q1 2020
MUMicron Technology Inc	$25.7M	0.57%	0.01%	+294.4%	Q1 2020
TSMTaiwan Semiconductor Manufacturing Co Ltd	$23.2M	0.52%	0.00%	+20.3%	Q1 2020
FSKFS KKR Capital Corp	$22.9M	0.51%	0.55%	+32.1%	Q2 2020
SMHMarket Vectors ETF Trust	$21.1M	0.47%	Not reported	-0.3%	Q3 2020
BRK.BBerkshire Hathaway Inc	$18.8M	0.42%	Not reported	-1.7%	Q1 2020
IBMInternational Business Machines Corp	$18.5M	0.41%	0.01%	+30.1%	Q1 2020
WMTWalmart Inc.	$18.2M	0.41%	0.00%	+6.9%	Q1 2020
AMDAdvanced Micro Devices Inc	$16.3M	0.36%	0.00%	+18.3%	Q1 2020
VOTVan Kampen Municipal Opportunity Trust II	$15.9M	0.35%	Not reported	+14.7%	Q1 2020
JPMJPMorgan Chase & Co	$15.7M	0.35%	0.00%	+7.7%	Q1 2020
NFLXNetflix Inc	$14.8M	0.33%	0.00%	-19.2%	Q1 2020
LLYELI LILLY & Co	$13.9M	0.31%	0.00%	+32.6%	Q1 2020
IAUIshares Gold Trust	$13.3M	0.30%	0.02%	+26.1%	Q1 2020
PDIPIMCO Dynamic Income Fund	$12.9M	0.29%	Not reported	-12.3%	Q1 2020
BPREBluerock Private Real Estate Fund	$12.9M	0.29%	Not reported	New	Q4 2025
MSTRStrategy Inc	$12.3M	0.27%	Not reported	+105.7%	Q4 2023
VODVodafone Group Public Ltd Co	$12.2M	0.27%	0.00%	+25.0%	Q1 2020
CRWDCrowdStrike Holdings, Inc.	$11.7M	0.26%	0.01%	+5.0%	Q3 2020
VVisa Inc.	$11.5M	0.26%	0.00%	-0.1%	Q1 2020
SMASmartStop Self Storage REIT, Inc.	$11.2M	0.25%	0.65%	+69.8%	Q2 2025
HDHome Depot, Inc.	$10.5M	0.23%	0.00%	+8.4%	Q1 2020
ABBVAbbVie Inc.	$10.1M	0.23%	0.00%	+0.7%	Q1 2020
PANWPalo Alto Networks Inc	$9.7M	0.22%	0.01%	-6.1%	Q1 2020
VYMDelaware Investments Minnesota Municipal Income Fund III Inc	$9.58M	0.21%	Not reported	+3.2%	Q1 2020
AGNCAGNC Investment Corp.	$9.57M	0.21%	0.08%	+82.0%	Q1 2020
CATCaterpillar Inc	$9.21M	0.21%	0.00%	+5.8%	Q1 2020
FDTFederal Trust Corp	$8.86M	0.20%	Not reported	+15.5%	Q3 2025
DIASPDR Dow Jones Industrial Average ETF Trust	$8.76M	0.20%	Not reported	+12.3%	Q1 2020
GEGeneral Electric Co	$8.68M	0.19%	0.00%	-0.5%	Q3 2021
NETCloudflare, Inc.	$8.67M	0.19%	Not reported	-5.5%	Q4 2021
XOMExxonMobil Holdings Corp	$8.58M	0.19%	0.00%	-3.0%	Q1 2020
ASTSAST SpaceMobile, Inc.	$8.06M	0.18%	Not reported	-12.4%	Q4 2024
BABoeing Co	$7.56M	0.17%	0.00%	+23.4%	Q1 2020
CSCOCisco Systems, Inc.	$7.46M	0.17%	0.00%	+10.0%	Q1 2020
BKNGBooking Holdings Inc.	$7.42M	0.17%	0.00%	-15.9%	Q1 2020

Q3 2025Reported May 15, 2026701 positions
NVDANvidia Corp	$315M	7.55%	0.01%	+1.6%	Q1 2020
AAPLApple Inc.	$122M	2.93%	0.00%	+1.3%	Q1 2020
AVGOBroadcom Inc.	$108M	2.60%	0.01%	-4.0%	Q1 2020
QQQInvesco QQQ Trust, Series 1	$106M	2.54%	Not reported	+1.7%	Q1 2020
MSFTMicrosoft Corp	$88.3M	2.12%	0.00%	+1.9%	Q1 2020
AMZNAmazon Com Inc	$78.2M	1.88%	0.00%	+1.3%	Q1 2020
SPYSPDR S&P 500 ETF Trust	$70.4M	1.69%	Not reported	+2.7%	Q1 2020
PLTRPalantir Technologies Inc.	$63.6M	1.53%	0.01%	-1.2%	Q4 2020
METAMeta Platforms, Inc.	$39M	0.94%	Not reported	+14.6%	Q1 2020
TSLATesla, Inc.	$37M	0.89%	0.00%	+2.9%	Q1 2020
GOOGAlphabet Inc.	$34.4M	0.83%	Not reported	+6.2%	Q1 2020
COSTCostco Wholesale Corp	$31.7M	0.76%	0.01%	+1.0%	Q1 2020
GLDSPDR Gold Trust	$29.3M	0.70%	0.02%	+11.5%	Q1 2020
GOOGLAlphabet Inc.	$26.8M	0.64%	0.00%	+4.7%	Q1 2020
NFLXNetflix Inc	$23.4M	0.56%	0.00%	-4.5%	Q1 2020
APPAppLovin Corp	$22.8M	0.55%	0.01%	+189.7%	Q2 2024
SMHMarket Vectors ETF Trust	$19.2M	0.46%	Not reported	+11.3%	Q3 2020
BRK.BBerkshire Hathaway Inc	$19.1M	0.46%	Not reported	-0.4%	Q1 2020
TSMTaiwan Semiconductor Manufacturing Co Ltd	$17.7M	0.43%	0.00%	+61.3%	Q1 2020
FSKFS KKR Capital Corp	$17.5M	0.42%	0.42%	+1.1%	Q2 2020
PDIPIMCO Dynamic Income Fund	$16.5M	0.40%	Not reported	+3.6%	Q1 2020
WMTWalmart Inc.	$15.7M	0.38%	0.00%	-0.7%	Q1 2020
VOTVan Kampen Municipal Opportunity Trust II	$14.6M	0.35%	Not reported	+1.3%	Q1 2020
JPMJPMorgan Chase & Co	$14.2M	0.34%	0.00%	+1.2%	Q1 2020
IBMInternational Business Machines Corp	$13.5M	0.32%	0.01%	+42.0%	Q1 2020
MSTRStrategy Inc	$12.7M	0.30%	Not reported	-15.1%	Q4 2023
BXBlackstone Inc.	$12.3M	0.30%	0.01%	+13.3%	Q1 2020
FETHFidelity Ethereum Fund	$12.3M	0.29%	0.39%	-28.2%	Q4 2024
CRWDCrowdStrike Holdings, Inc.	$11.7M	0.28%	0.01%	-5.5%	Q3 2020
PANWPalo Alto Networks Inc	$11.4M	0.27%	0.01%	-0.7%	Q1 2020
HDHome Depot, Inc.	$11.4M	0.27%	0.00%	-0.5%	Q1 2020
VVisa Inc.	$11.2M	0.27%	0.00%	-0.1%	Q1 2020
SLViShares Silver Trust	$10.8M	0.26%	0.05%	+65.1%	Q1 2020
AMDAdvanced Micro Devices Inc	$10.4M	0.25%	0.00%	-14.9%	Q1 2020
ABBVAbbVie Inc.	$10.1M	0.24%	0.00%	+0.2%	Q1 2020
NETCloudflare, Inc.	$9.99M	0.24%	Not reported	+20.2%	Q4 2021
IAUIshares Gold Trust	$9.48M	0.23%	0.02%	+6.3%	Q1 2020
VYMDelaware Investments Minnesota Municipal Income Fund III Inc	$9.12M	0.22%	Not reported	+4.1%	Q1 2020
UBERUber Technologies, Inc	$8.95M	0.21%	0.00%	+9.0%	Q1 2020
BKNGBooking Holdings Inc.	$8.89M	0.21%	0.01%	-11.2%	Q1 2020
VODVodafone Group Public Ltd Co	$8.56M	0.21%	0.00%	-14.3%	Q1 2020
GEGeneral Electric Co	$8.52M	0.20%	0.00%	+15.1%	Q3 2021
XOMExxonMobil Holdings Corp	$8.29M	0.20%	0.00%	+4.0%	Q1 2020
SMASmartStop Self Storage REIT, Inc.	$8.02M	0.19%	0.69%	-9.3%	Q2 2025
VZVerizon Communications Inc	$7.93M	0.19%	0.00%	+8.4%	Q1 2020
ORCLOracle Corp	$7.72M	0.19%	0.00%	+32.3%	Q1 2020
DIASPDR Dow Jones Industrial Average ETF Trust	$7.53M	0.18%	Not reported	-6.3%	Q1 2020
LLYELI LILLY & Co	$7.46M	0.18%	0.00%	+7.9%	Q1 2020
FDTFederal Trust Corp	$7.28M	0.17%	Not reported	New	Q3 2025
CATCaterpillar Inc	$7.25M	0.17%	0.00%	-0.7%	Q1 2020

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