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INDEPENDENT FINANCIAL GROUP, LLC — 13F Holdings & Portfolio

CIK 275484 · latest 13F-HR filed 2026-07-15

Backtest portfolio

INDEPENDENT FINANCIAL GROUP, LLC manages $5.35B in 13F-reported U.S. long-equity assets across 1,546 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are NVDA (6.41%), QQQ (2.68%), AAPL (2.65%). Quarter over quarter (versus its 2020-12-31 filing) the fund opened 1,150 new positions, exited 170, added to 328, and trimmed 63.

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.

Filer Information
Address
12671 HIGH BLUFF DRIVE
SUITE 200
SAN DIEGO, CA 92130
Phone
(858) 436-3180
Filing Manager
INDEPENDENT FINANCIAL GROUP, LLC
SAN DIEGO, CA
Signatory
Brian Dennen
Chief Compliance Officer
Loading holdings…
AUM

$5.35B

Long-equity book

Holdings

1,546

Distinct positions

Period

2026-06-30

Filed 2026-07-15

Q/Q Activity

+1150 / −170 / ↑328 / ↓63

vs 2020-12-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • NVIDIA CORPORATION$327.5M +2169.3%
  • INVESCO QQQ TR$129.7M +967.6%
  • MICRON TECHNOLOGY INC$127.7M +27030.0%
  • BROADCOM INC$115.4M +2731.1%
  • APPLE INC$106.0M +297.7%
Show all 328 →

Top Trims

  • SPROTT ASSET MANAGEMENT LP-$6.5M -91.8%
  • NIO INC-$3.4M -98.4%
  • CAESARS ENTERTAINMENT INC NE-$2.9M -92.7%
  • ARK ETF TR-$2.7M -66.9%
  • BLOCK INC-$2.0M -86.9%
Show all 63 →

New Positions

  • PGIM ETF TR$51.4M
  • SPDR SERIES TRUST$37.5M
  • SANDISK CORP$35.6M
  • CAPITAL GROUP DIVIDEND VALUE$33.8M
  • FIRST TR EXCHNG TRADED FD VI$31.9M
Show all 1150 →

Exited Positions

  • ISHARES GOLD TRUST$7.0M
  • ISHARES TR$6.8M
  • ARK ETF TR$2.6M
  • MACERICH CO$2.3M
  • ONTRAK INC$2.2M
Show all 170 →
All Holdings

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 NVIDIA CORPORATION NVDA 67066G104 $342.6M 6.41% 1,712,464 SH
2 INVESCO QQQ TR QQQ 46090E103 $143.1M 2.68% 194,302 SH
3 APPLE INC AAPL 037833100 $141.6M 2.65% 489,353 SH
4 MICRON TECHNOLOGY INC MU 595112103 $128.2M 2.40% 111,056 SH
5 BROADCOM INC AVGO 11135F101 $119.6M 2.24% 316,698 SH
6 AMAZON COM INC AMZN 023135106 $94.9M 1.78% 398,253 SH
7 ISHARES TR IVV 464287200 $91.4M 1.71% 122,036 SH
8 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $80.5M 1.50% 107,744 SH
9 MICROSOFT CORP MSFT 594918104 $72.0M 1.35% 193,067 SH
10 VANGUARD INDEX FDS VTI 922908769 $53.9M 1.01% 145,608 SH
11 ALPHABET INC GOOG 02079K107 $53.7M 1.00% 152,073 SH
12 PGIM ETF TR PAAA 69344A834 $51.4M 0.96% 1,003,376 SH
13 SELECT SECTOR SPDR TR XLK 81369Y803 $49.5M 0.92% 259,558 SH
14 TAIWAN SEMICONDUCTOR MANUFAC TSM 874039100 $47.2M 0.88% 98,811 SH
15 ADVANCED MICRO DEVICES INC AMD 007903107 $44.7M 0.84% 77,002 SH
16 ALPHABET INC GOOGL 02079K305 $42.0M 0.79% 117,622 SH
17 VANECK ETF TRUST SMH 92189F676 $40.9M 0.76% 62,339 SH
18 TESLA INC TSLA 88160R101 $38.3M 0.72% 91,049 SH
19 SPDR SERIES TRUST SPYM 78464A854 $37.5M 0.70% 427,208 SH
20 SANDISK CORP SNDK 80004C200 $35.6M 0.67% 15,656 SH
21 CAPITAL GROUP DIVIDEND VALUE CGDV 14020W106 $33.8M 0.63% 686,551 SH
22 ISHARES TR SOXX 464287523 $33.1M 0.62% 51,635 SH
23 FIRST TR EXCHNG TRADED FD VI BUFR 33740F755 $31.9M 0.60% 872,837 SH
24 COSTCO WHOLESALE CORPORATION COST 22160K105 $31.8M 0.60% 34,019 SH
25 ISHARES TR GARP 46436E403 $30.9M 0.58% 374,524 SH
26 NEOS ETF TRUST QQQI 78433H675 $30.3M 0.57% 534,418 SH
27 VANGUARD INDEX FDS VOO 922908363 $29.9M 0.56% 43,560 SH
28 META PLATFORMS INC META 30303M102 $29.3M 0.55% 52,096 SH
29 FIRST TR EXCHANGE TRADED FD RDVY 33738R506 $29.0M 0.54% 357,875 SH
30 SPDR GOLD TR GLD 78463V107 $27.1M 0.51% 73,460 SH
31 SPDR SERIES TRUST SPYG 78464A409 $23.7M 0.44% 199,584 SH
32 ISHARES TR IJH 464287507 $22.6M 0.42% 293,654 SH
33 PALANTIR TECHNOLOGIES INC PLTR 69608A108 $22.0M 0.41% 188,200 SH
34 J P MORGAN EXCHANGE TRADED F JEPQ 46654Q203 $21.6M 0.40% 351,960 SH
35 PROSHARES TR TQQQ 74347X831 $21.4M 0.40% 264,290 SH
36 J P MORGAN EXCHANGE TRADED F JPST 46641Q837 $20.9M 0.39% 412,854 SH
37 ISHARES TR IWM 464287655 $20.7M 0.39% 68,910 SH
38 PACER FDS TR COWZ 69374H881 $20.3M 0.38% 325,573 SH
39 BERKSHIRE HATHAWAY INC DEL BRK.B 084670702 $19.8M 0.37% 39,608 SH
40 CATERPILLAR INC CAT 149123101 $19.3M 0.36% 18,157 SH
41 SCHWAB STRATEGIC TR SCHD 808524797 $19.1M 0.36% 603,599 SH
42 MARVELL TECHNOLOGY INC MRVL 573874104 $18.7M 0.35% 62,654 SH
43 ISHARES TR ITOT 464287150 $18.3M 0.34% 111,690 SH
44 SCHWAB STRATEGIC TR SCHG 808524300 $18.2M 0.34% 539,194 SH
45 TIDAL TRUST III SNTH 45259A548 $18.2M 0.34% 612,933 SH
46 FIRST TR EXCHANGE TRADED FD SDVY 33741X102 $18.1M 0.34% 418,522 SH
47 WALMART INC WMT 931142103 $18.0M 0.34% 158,800 SH
48 BLACKROCK ETF TRUST DYNF 09290C103 $17.9M 0.34% 263,624 SH
49 DIREXION SHARES ETF TRUST QQQE 25459Y207 $17.7M 0.33% 145,174 SH
50 VANGUARD INDEX FDS VUG 922908736 $17.4M 0.33% 201,898 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-15 $5.35B 1,546 0000275484-26-000028
2026-03-31 2026-05-05 $3.34B 1,386 0000275484-26-000002
2026-03-31 2026-05-15 $4.46B 1,447 0000275484-26-000006
2025-06-30 2026-05-15 $3.63B 1,286 0000275484-26-000005
2020-12-31 2026-06-15 $678.3M 566 0000275484-26-000027