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Independent Wealth Advisors LLC — 13F Holdings & Portfolio

CIK 2136099 · latest 13F-HR filed 2026-07-27

Backtest portfolio

Independent Wealth Advisors LLC manages $110.5M in 13F-reported U.S. long-equity assets across 77 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are GLD (8.80%), HEQT (6.22%), SHY (5.76%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 10 new positions and exited 3; 45 existing positions rose in reported value and 9 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

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AUM
$110.5M

Long-equity book

Holdings
77

Distinct positions

Period
2026-06-30

Filed 2026-07-27

Q/Q Activity
+10 / −3 / ↑45 / ↓9

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26
GLD8.8% · -0%HEQT6.2% · +10%SHY5.8% · +62%SPD5.6% · +0%CSHI4.8% · -18%USFR4.7% · -8%NOBL4.7% · +105%HOLA4.6% · +8%SSUS3.9% · +3%MGC3.3% · -1%SPY3.0% · +2%IAU3.0% · +2%MGK2.1% · +366%SLV2.1% · -1%RSP2.0% · +23%BSJQ1.8% · +1%BSJR1.8% · +2%PSCI1.5% · +1%HDV1.5% · +418%BSJS1.4% · +5%IXUS1.3% · +37%AAPL1.2% · +3%VTV1.1% · +0%VBR1.1% · -10%VT1.0% · -0%IOO1.0% · +2%ALLW0.9% · +116%CDX0.9% · -55%HDG0.9% · +201%TCAF0.8% · +3%IWM0.8% · +6%ITA0.7% · -3%PSI0.7% · 0%MGV0.6% · -10%VOE0.6% · +2%SGOV0.6% · +0%QQQ0.6% · -22%VEU0.5% · +6%CARY0.5% · +8%SCHD0.5% · +0%IWB0.4% · -1%VO0.4% · +300%MSFT0.4% · +2%IJR0.4% · +75%VB0.4% · +0%GDX0.4% · -2%SMH0.4% · newVGT0.4% · +700%IVE0.4% · +1%VWO0.3% · +7%VUG0.3% · +500%XAR0.3% · 0%VTI0.3% · -8%IWY0.3% · 0%IWF0.3% · +300%IVV0.3% · +0%VOO0.3% · -5%VXUS0.3% · -5%XOM0.3% · newFLOT0.3% · -1%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

3 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 52.3%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated May 21, 2026.

Assets Under Management
$203.0M
Discretionary
$183.7M
Employees
3
Accounts
510
Address
236 1/2 E. FRONT ST
TRAVERSE CITY, MI 49684
Phone
(231) 929-1086
Website
Name Title / Status Ownership Type
BERGER, JAY, BRANT ControlMEMBER
since Feb 2010
25–50%Individual
FISHER, STEPHEN, MICHAEL ControlMANAGING MEMBER
since Mar 1998
25–50%Individual
HACKNEY, SCOTT, C ControlMEMBER, CHIEF COMPLIANCE OFFICER
since Jan 2009
25–50%Individual
Ownership & leadership changes · 1 filing with changes since Feb 6, 2012

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Feb 12, 2021 filing
  • ChangedBERGER, JAY, BRANT · title CHIEF COMPLIANCE OFFICER → MEMBER
  • ChangedHACKNEY, SCOTT, C · title MEMBER → MEMBER, CHIEF COMPLIANCE OFFICER
Feb 6, 2012 filing (earliest on record)
  • ListedBERGER, JAY, BRANT · CHIEF COMPLIANCE OFFICER · 25–50% · control person
  • ListedFISHER, STEPHEN, MICHAEL · MANAGING MEMBER · 25–50% · control person
  • ListedHACKNEY, SCOTT, C · MEMBER · 25–50% · control person

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Top Adds (vs prior quarter)

Show all 45 →

Top Trims

Show all 9 →

New Positions

Show all 10 →

Exited Positions

Show all 3 →

Independent Wealth Advisors LLC Holdings (2026-06-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 SPDR GOLD TR GLD 78463V107 $9.7M 8.80% 26,394 SH
2 SIMPLIFY EXCHANGE TRADED FUN HEQT 82889N764 $6.9M 6.22% 204,845 SH
3 ISHARES TR SHY 464287457 $6.4M 5.76% 77,563 SH
4 SIMPLIFY EXCHANGE TRADED FUN SPD 82889N202 $6.2M 5.62% 149,614 SH
5 NEOS ETF TRUST CSHI 78433H501 $5.3M 4.76% 105,650 SH
6 WISDOMTREE TR USFR 97717Y527 $5.2M 4.68% 102,783 SH
7 PROSHARES TR NOBL 74348A467 $5.1M 4.65% 91,602 SH
8 J P MORGAN EXCHANGE TRADED F HOLA 46654Q591 $5.1M 4.64% 92,692 SH
9 STRATEGY SHS SSUS 86280R803 $4.3M 3.87% 77,252 SH
10 VANGUARD WORLD FD MGC 921910873 $3.7M 3.31% 13,357 SH
11 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $3.4M 3.05% 4,513 SH
12 ISHARES GOLD TR IAU 464285204 $3.3M 2.96% 43,346 SH
13 VANGUARD WORLD FD MGK 921910816 $2.4M 2.14% 26,881 SH
14 ISHARES SILVER TR SLV 46428Q109 $2.3M 2.07% 42,810 SH
15 INVESCO EXCHANGE TRADED FD T RSP 46137V357 $2.2M 1.98% 10,259 SH
16 INVESCO EXCH TRD SLF IDX FD BSJQ 46138J635 $2.0M 1.83% 87,956 SH
17 INVESCO EXCH TRD SLF IDX FD BSJR 46138J585 $2.0M 1.78% 88,041 SH
18 INVESCO EXCH TRADED FD TR II PSCI 46138E123 $1.7M 1.54% 9,120 SH
19 ISHARES TR HDV 46429B663 $1.7M 1.52% 61,449 SH
20 INVESCO EXCH TRD SLF IDX FD BSJS 46138J452 $1.5M 1.40% 71,279 SH
21 ISHARES TR IXUS 46432F834 $1.4M 1.27% 14,674 SH
22 APPLE INC AAPL 037833100 $1.3M 1.20% 4,574 SH
23 VANGUARD INDEX FDS VTV 922908744 $1.3M 1.13% 5,747 SH
24 VANGUARD INDEX FDS VBR 922908611 $1.2M 1.10% 5,013 SH
25 VANGUARD INTL EQUITY INDEX F VT 922042742 $1.2M 1.04% 7,335 SH
26 ISHARES TR IOO 464287572 $1.1M 0.95% 7,696 SH
27 SSGA ACTIVE TR ALLW 78470P630 $998.6K 0.90% 34,117 SH
28 SIMPLIFY EXCHANGE TRADED FUN CDX 82889N830 $968.3K 0.88% 45,848 SH
29 PROSHARES TR HDG 74347X294 $954.0K 0.86% 17,434 SH
30 T ROWE PRICE EXCHANGE-TRADED TCAF 87283Q867 $889.4K 0.80% 21,639 SH
31 ISHARES TR IWM 464287655 $887.2K 0.80% 2,953 SH
32 ISHARES TR ITA 464288760 $811.5K 0.73% 3,347 SH
33 INVESCO EXCHANGE TRADED FD T PSI 46137V647 $746.1K 0.68% 3,972 SH
34 VANGUARD WORLD FD MGV 921910840 $714.4K 0.65% 4,371 SH
35 VANGUARD INDEX FDS VOE 922908512 $713.7K 0.65% 3,612 SH
36 ISHARES TR SGOV 46436E718 $632.6K 0.57% 6,284 SH
37 INVESCO QQQ TR QQQ 46090E103 $631.3K 0.57% 857 SH
38 VANGUARD INTL EQUITY INDEX F VEU 922042775 $606.2K 0.55% 7,239 SH
39 ANGEL OAK FUNDS TRUST CARY 03463K760 $606.2K 0.55% 29,170 SH
40 SCHWAB STRATEGIC TR SCHD 808524797 $507.3K 0.46% 15,997 SH
41 ISHARES TR IWB 464287622 $493.9K 0.45% 1,206 SH
42 VANGUARD INDEX FDS VO 922908629 $491.8K 0.44% 6,103 SH
43 MICROSOFT CORP MSFT 594918104 $480.9K 0.44% 1,289 SH
44 ISHARES TR IJR 464287804 $477.9K 0.43% 3,222 SH
45 VANGUARD INDEX FDS VB 922908751 $468.3K 0.42% 1,545 SH
46 VANECK ETF TRUST GDX 92189F106 $460.1K 0.42% 6,099 SH
47 VANECK ETF TRUST SMH 92189F676 $442.6K 0.40% 675 SH
48 VANGUARD WORLD FD VGT 92204A702 $404.6K 0.37% 3,385 SH
49 ISHARES TR IVE 464287408 $389.3K 0.35% 1,714 SH
50 VANGUARD INTL EQUITY INDEX F VWO 922042858 $386.5K 0.35% 6,475 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-27 $110.5M 77 0002085853-26-000876
2026-03-31 2026-05-22 $101.8M 70 0002085853-26-000611
2025-12-31 2026-05-22 $95.8M 63 0002085853-26-000610
Filer Information
Address
167 E CHATHAM ST
SUITE 300
CARY, NC 27511
Phone
(919) 357-0247
Filing Manager
Independent Wealth Advisors LLC
CARY, NC
Signatory
DAVID JOSEPH HELLINGER
MANAGING PARTNER & CHIEF COMPLIANCE OFFICER