Independence Bank of Kentucky
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 16, 2024), Independence Bank of Kentucky reported 517 stock positions worth $333.9 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 6.0% of the portfolio, followed by Apple (AAPL, 3.8%) and Microsoft (MSFT, 3.6%). Compared with Q4 2023, it opened 31 new positions, sold out of 33, added to 167 and reduced 117. The biggest buy was Microsoft (MSFT, shares +25%) and the biggest sale Vanguard S&P 500 ETF (VOO, shares −41%).
- Most Recent 13F
- Q2 2026
- Location
- OWENSBORO, KY
- CIK
- 0001730479
- Portfolio Value
- $333.9M (Q1 2024)
- SEC Filing
- 0001730479-24-000002 ↗ filed Apr 16, 2024
Holdings Value
Holdings 517 stocks · $333.9M
| SPY SS SPDR S&P 500 ETF Trust-US | 6.03% | 38,506 | $20.1M | Add +2.6% |
| AAPL Apple Inc. | 3.80% | 74,025 | $12.7M | Add +14.4% |
| MSFT Microsoft Corp. | 3.59% | 28,534 | $12.0M | Add +24.9% |
| JPM JPMorgan Chase & Co. | 2.70% | 45,017 | $9.0M | Add +25.2% |
| AMZN Amazon.com Inc. | 2.63% | 48,736 | $8.8M | Add +9.9% |
| GOOGL Alphabet Inc. Class A | 2.50% | 55,222 | $8.3M | Add +5.3% |
| EFA iShares MSCI Eafe ETF | 2.07% | 86,718 | $6.9M | Add +9.1% |
| V Visa Inc. Class A | 1.82% | 21,757 | $6.1M | Add +9.0% |
| IWR iShares Russell Mid-Cap ETF | 1.74% | 69,098 | $5.8M | Add +10.7% |
| META Meta Platforms Inc. Class A | 1.69% | 11,593 | $5.6M | Reduce -4.9% |
| CVX Chevron Corp. | 1.54% | 32,662 | $5.2M | Add +41.2% |
| NVDA Nvidia Corp. | 1.52% | 5,622 | $5.1M | Reduce -5.1% |
| PG The Procter & Gamble Co. | 1.42% | 29,187 | $4.7M | Add +7.8% |
| IWM iShares Russell 2000 ETF | 1.37% | 21,807 | $4.6M | Add +1.8% |
| LLY Eli Lilly & Co. | 1.21% | 5,197 | $4.0M | Add +0.2% |
| LOW Lowe's Cos Inc. | 1.21% | 15,806 | $4.0M | Add +5.8% |
| CRM Salesforce Inc. | 1.14% | 12,646 | $3.8M | Reduce -3.2% |
| VOO Vanguard S&P 500 ETF | 1.11% | 7,683 | $3.7M | Reduce -41.1% |
| JNJ Johnson & Johnson | 1.07% | 22,524 | $3.6M | Add +7.7% |
| XOM Exxon Mobil Corp. | 1.01% | 29,043 | $3.4M | Add +11.6% |
| NEE Nextera Energy Inc. | 0.95% | 49,722 | $3.2M | Add +8.1% |
| UNH Unitedhealth Group Inc. | 0.93% | 6,267 | $3.1M | Add +27.5% |
| ABBV Abbvie Inc. | 0.85% | 15,627 | $2.8M | Add +35.5% |
| PEP Pepsico Inc. | 0.85% | 16,149 | $2.8M | Add +9.7% |
| EEM iShares MSCI Emerging Market | 0.83% | 67,290 | $2.8M | Reduce -2.1% |
| GUNR NT Mstar GLBL NR ETF | 0.78% | 63,645 | $2.6M | Reduce -0.7% |
| KO The Coca-Cola Co. | 0.72% | 39,363 | $2.4M | Add +5.4% |
| USB US Bancorp | 0.72% | 53,873 | $2.4M | Add +4.4% |
| MRK Merck & Co. Inc. | 0.72% | 18,114 | $2.4M | Add +18.1% |
| UPS United Parcel Service Class B | 0.69% | 15,467 | $2.3M | Reduce -3.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.64% | 17,472 | $2.1M | Add +6.6% |
| ACN Accenture PLC Class A | 0.63% | 6,055 | $2.1M | Reduce -2.1% |
| ICE Intercontinental Exchange Inc. | 0.62% | 15,014 | $2.1M | Reduce -1.0% |
| GD General Dynamics Corp. | 0.61% | 7,262 | $2.1M | Reduce -2.5% |
| XLE SS Energy Select Sector | 0.61% | 21,570 | $2.0M | Reduce -2.2% |
| APD Air Products & Chemicals Inc. | 0.59% | 8,138 | $2.0M | Add +211.6% |
| ABT Abbott Laboratories | 0.58% | 17,166 | $2.0M | Add +59.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.58% | 4,587 | $1.9M | Add +20.3% |
| IWV iShares Russell 3000 ETF | 0.58% | 6,408 | $1.9M | Reduce -3.0% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.57% | 18,903 | $1.9M | Add +0.5% |
| PANW Palo Alto Networks Inc. | 0.57% | 6,693 | $1.9M | Reduce -4.2% |
| MO Altria Group Inc. | 0.56% | 42,989 | $1.9M | Add +0.8% |
| CVS CVS Health Corp. | 0.56% | 23,357 | $1.9M | Reduce -10.7% |
| AVUV Avantis US Small Cap Value | 0.55% | 19,759 | $1.9M | Add +127.5% |
| HD Home Depot Inc. | 0.53% | 4,628 | $1.8M | Add +4.3% |
| VNQ Vanguard Real Estate ETF | 0.51% | 19,561 | $1.7M | Reduce -4.4% |
| AVGO Broadcom Inc. | 0.50% | 1,268 | $1.7M | Add +26.9% |
| PFE Pfizer Inc. | 0.50% | 59,658 | $1.7M | Reduce -13.1% |
| NSC Norfolk Southern Corp. | 0.49% | 6,440 | $1.6M | Add +82.4% |
| DHR Danaher Corp. | 0.49% | 6,498 | $1.6M | Add +72.1% |
| ITW Illinois Tool Works | 0.48% | 5,953 | $1.6M | Add +30.9% |
| IWF iShares Russell 1000 Growth | 0.48% | 4,722 | $1.6M | Add +1.3% |
| PFF iShares Preferred & Income S | 0.48% | 49,245 | $1.6M | Reduce -1.9% |
| WMT Walmart Inc. | 0.47% | 26,233 | $1.6M | Add +16.3% |
| TMO Thermo Fisher Scientific Inc. | 0.47% | 2,715 | $1.6M | Add +4.3% |
| SBUX Starbucks Corp. | 0.47% | 17,214 | $1.6M | Add +78.2% |
| AMT American Tower Corp. | 0.47% | 7,949 | $1.6M | Add +30.5% |
| HON Honeywell International Inc. | 0.46% | 7,532 | $1.5M | Add +9.9% |
| WM Waste Management Inc. | 0.46% | 7,208 | $1.5M | Add +13.8% |
| CHDN Churchill Downs Inc. | 0.45% | 12,254 | $1.5M | Add +80.5% |
| BLV Vanguard Long-Term Bond ETF | 0.45% | 20,866 | $1.5M | Add +139.3% |
| VGLT Vanguard Long-Term Treasury | 0.45% | 25,385 | $1.5M | Reduce -2.1% |
| DG Dollar General Corp. | 0.45% | 9,526 | $1.5M | Reduce -9.0% |
| VZ Verizon Communications Inc. | 0.44% | 35,253 | $1.5M | Add +13.9% |
| PM Philip Morris International | 0.44% | 16,097 | $1.5M | Add +34.6% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.44% | 18,931 | $1.5M | Reduce -13.7% |
| UNP Union Pacific Corp. | 0.43% | 5,892 | $1.4M | Add +109.2% |
| VCIT Vanguard Int-Term Corporate | 0.42% | 17,318 | $1.4M | Reduce -13.0% |
| ORCL Oracle Corp. | 0.41% | 10,979 | $1.4M | Reduce -10.3% |
| EFV iShares MSCI Eafe Value ETF | 0.40% | 24,678 | $1.3M | Add +139.7% |
| TFC Truist Financial Corp. | 0.39% | 33,742 | $1.3M | Reduce -4.8% |
| TGT Target Corp. | 0.39% | 7,382 | $1.3M | Add +4.7% |
| IEFA iShares Core MSCI Eafe ETF | 0.39% | 17,599 | $1.3M | Reduce -5.4% |
| TMUS T-Mobile US Inc. | 0.38% | 7,826 | $1.3M | Add +53.4% |
| DON Wisdomtree US Midcap Dividen | 0.36% | 24,825 | $1.2M | Add +26.9% |
| MA Mastercard Inc. Class A | 0.36% | 2,514 | $1.2M | Add +19.0% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.35% | 5,162 | $1.2M | Reduce -41.4% |
| VCLT Vanguard Long-Term Corp. Bond | 0.35% | 15,032 | $1.2M | Add +18.7% |
| BF.B Brown-Forman Corp. Class B | 0.34% | 22,260 | $1.1M | Add +437.7% |
| ASML ASML Holding NV-NY Reg SHS | 0.34% | 1,178 | $1.1M | Add +2.1% |
| DVY iShares Select Dividend ETF | 0.34% | 9,205 | $1.1M | Reduce -8.1% |
| IVV iShares Core S&P 500 ETF | 0.34% | 2,134 | $1.1M | Add +0.9% |
| GOOG Alphabet Inc. Class C | 0.33% | 7,271 | $1.1M | Add +19.3% |
| LMT Lockheed Martin Corp. | 0.33% | 2,394 | $1.1M | Add +11.5% |
| VYM Vanguard High DVD Yield ETF | 0.33% | 8,977 | $1.1M | Add +0.3% |
| MDLZ Mondelez International Inc. Class A | 0.32% | 15,474 | $1.1M | Add +15.2% |
| ZBH Zimmer Biomet Holdings Inc. | 0.32% | 8,085 | $1.1M | Reduce -1.0% |
| SMH Vaneck Semiconductor ETF | 0.31% | 4,650 | $1.0M | Reduce -2.4% |
| RTX RTX Corp. | 0.31% | 10,714 | $1.0M | Add +0.3% |
| SYK Stryker Corp. | 0.30% | 2,831 | $1.0M | Add +18.3% |
| BLK BlackRock Finance Inc. | 0.30% | 1,210 | $1.0M | Add +6.1% |
| DE Deere & Co. | 0.29% | 2,379 | $977K | Add +0.4% |
| AMD Advanced Micro Devices | 0.28% | 5,255 | $948K | Add +43.1% |
| ATO Atmos Energy Corp. | 0.28% | 7,873 | $936K | Reduce -38.9% |
| ETN Eaton Corp. PLC | 0.28% | 2,992 | $936K | Add +18.2% |
| QQQ Invesco QQQ Trust Series 1 | 0.27% | 2,030 | $901K | Add +46.5% |
| NKE Nike Inc. Class B | 0.25% | 9,003 | $846K | Reduce -8.7% |
| SPGI S&P Global Inc. | 0.25% | 1,977 | $841K | Add +33.0% |
| SCHW Schwab (charles) Corp. | 0.25% | 11,565 | $837K | Reduce -1.5% |
| COST Costco Wholesale Corp. | 0.25% | 1,130 | $828K | Add +2.3% |
Portfolio Sells Q4 2023 → Q1 2024
| VOO Vanguard S&P 500 ETF | Reduce -41.1% | 1.11% | −0.90 |
| BA The Boeing Co. | Reduce -65.8% | 0.15% | −0.56 |
| VXUS Vanguard Total Intl Stock | Reduce -64.7% | 0.18% | −0.40 |
| ICLN iShares Global Clean Energy | Reduce -78.8% | 0.06% | −0.32 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -41.4% | 0.35% | −0.31 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -52.6% | 0.21% | −0.28 |
| ATO Atmos Energy Corp. | Reduce -38.9% | 0.28% | −0.24 |
| PFE Pfizer Inc. | Reduce -13.1% | 0.50% | −0.20 |
| UPS United Parcel Service Class B | Reduce -3.7% | 0.69% | −0.20 |
| CVS CVS Health Corp. | Reduce -10.7% | 0.56% | −0.17 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -13.7% | 0.44% | −0.16 |
| PANW Palo Alto Networks Inc. | Reduce -4.2% | 0.57% | −0.15 |
| VCIT Vanguard Int-Term Corporate | Reduce -13.0% | 0.42% | −0.15 |
| EEM iShares MSCI Emerging Market | Reduce -2.1% | 0.83% | −0.14 |
| GUNR NT Mstar GLBL NR ETF | Reduce -0.7% | 0.78% | −0.14 |
| ACN Accenture PLC Class A | Reduce -2.1% | 0.63% | −0.13 |
| VNQ Vanguard Real Estate ETF | Reduce -4.4% | 0.51% | −0.13 |
| NKE Nike Inc. Class B | Reduce -8.7% | 0.25% | −0.12 |
| VGLT Vanguard Long-Term Treasury | Reduce -2.1% | 0.45% | −0.11 |
| TAN Invesco Solar ETF | Sold out | 0.00% | −0.10 |
| CMCSA Comcast Corp. Class A | Reduce -20.1% | 0.16% | −0.08 |
| PFF iShares Preferred & Income S | Reduce -1.9% | 0.48% | −0.08 |
| DVY iShares Select Dividend ETF | Reduce -8.1% | 0.34% | −0.07 |
| TSLA Tesla Inc. | Reduce -3.3% | 0.10% | −0.07 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -5.4% | 0.39% | −0.07 |
| ALL Allstate Corp. | Reduce -42.0% | 0.11% | −0.07 |
| CRM Salesforce Inc. | Reduce -3.2% | 1.14% | −0.07 |
| ICE Intercontinental Exchange Inc. | Reduce -1.0% | 0.62% | −0.07 |
| TFC Truist Financial Corp. | Reduce -4.8% | 0.39% | −0.07 |
| GD General Dynamics Corp. | Reduce -2.5% | 0.61% | −0.07 |
| IWV iShares Russell 3000 ETF | Reduce -3.0% | 0.58% | −0.06 |
| GSK GSK PLC-Spon ADR | Reduce -41.5% | 0.08% | −0.06 |
| DG Dollar General Corp. | Reduce -9.0% | 0.45% | −0.06 |
| SHEL Shell PLC-ADR | Reduce -23.9% | 0.09% | −0.05 |
| QCOM Qualcomm Inc. | Reduce -18.4% | 0.20% | −0.04 |
| PGX Invesco Preferred ETF | Reduce -4.7% | 0.24% | −0.04 |
| INTC Intel Corp. | Reduce -4.7% | 0.11% | −0.04 |
| ORCL Oracle Corp. | Reduce -10.3% | 0.41% | −0.04 |
| MUB iShares National Muni Bond E | Reduce -4.5% | 0.17% | −0.04 |
| XLE SS Energy Select Sector | Reduce -2.2% | 0.61% | −0.04 |
| VEA Vanguard Ftse Developed ETF | Reduce -3.5% | 0.24% | −0.04 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Sold out | 0.00% | −0.04 |
| PAYX Paychex Inc. | Reduce -7.3% | 0.16% | −0.04 |
| DUK Duke Energy Corp. | Reduce -2.2% | 0.17% | −0.04 |
| SCHW Schwab (charles) Corp. | Reduce -1.5% | 0.25% | −0.03 |
| IDU iShares US Utilities ETF | Reduce -6.2% | 0.18% | −0.03 |
| LIT Global X Lithium & Battery T | Sold out | 0.00% | −0.03 |
| ZBH Zimmer Biomet Holdings Inc. | Reduce -1.0% | 0.32% | −0.03 |
| DVN Devon Energy Corp. | Reduce -26.3% | 0.07% | −0.03 |
| ULTA Ulta Beauty Inc. | Reduce -1.3% | 0.23% | −0.03 |
Portfolio Buys Q4 2023 → Q1 2024
| MSFT Microsoft Corp. | Add +24.9% | 3.59% | +0.58 |
| JPM JPMorgan Chase & Co. | Add +25.2% | 2.70% | +0.55 |
| APD Air Products & Chemicals Inc. | Add +211.6% | 0.59% | +0.34 |
| CVX Chevron Corp. | Add +41.2% | 1.54% | +0.33 |
| AVUV Avantis US Small Cap Value | Add +127.5% | 0.55% | +0.28 |
| AMZN Amazon.com Inc. | Add +9.9% | 2.63% | +0.27 |
| BF.B Brown-Forman Corp. Class B | Add +437.7% | 0.34% | +0.26 |
| ABBV Abbvie Inc. | Add +35.5% | 0.85% | +0.22 |
| BLV Vanguard Long-Term Bond ETF | Add +139.3% | 0.45% | +0.22 |
| EFV iShares MSCI Eafe Value ETF | Add +139.7% | 0.40% | +0.21 |
| NSC Norfolk Southern Corp. | Add +82.4% | 0.49% | +0.20 |
| UNP Union Pacific Corp. | Add +109.2% | 0.43% | +0.19 |
| DHR Danaher Corp. | Add +72.1% | 0.49% | +0.18 |
| VRTX Vertex Pharmaceuticals Inc. | Add +1992.9% | 0.18% | +0.17 |
| ABT Abbott Laboratories | Add +59.4% | 0.58% | +0.17 |
| GE General Electric | New | 0.15% | +0.15 |
| LLY Eli Lilly & Co. | Add +0.2% | 1.21% | +0.15 |
| SBUX Starbucks Corp. | Add +78.2% | 0.47% | +0.15 |
| CHDN Churchill Downs Inc. | Add +80.5% | 0.45% | +0.13 |
| MRK Merck & Co. Inc. | Add +18.1% | 0.72% | +0.13 |
| DIS The Walt Disney Co. | Add +6.6% | 0.64% | +0.12 |
| GNRC Generac Holdings Inc. | Add +12400.0% | 0.12% | +0.12 |
| AVGO Broadcom Inc. | Add +26.9% | 0.50% | +0.11 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +20.3% | 0.58% | +0.10 |
| PNFP Pinnacle Financial Partners | New | 0.10% | +0.10 |
| XOM Exxon Mobil Corp. | Add +11.6% | 1.01% | +0.10 |
| PPG PPG Industries Inc. | Add +534.5% | 0.12% | +0.10 |
| TMUS T-Mobile US Inc. | Add +53.4% | 0.38% | +0.10 |
| AMD Advanced Micro Devices | Add +43.1% | 0.28% | +0.09 |
| BX Blackstone Inc. | Add +281.3% | 0.11% | +0.08 |
| VLO Valero Energy Corp. | Add +91.9% | 0.15% | +0.08 |
| QQQ Invesco QQQ Trust Series 1 | Add +46.5% | 0.27% | +0.07 |
| BSCX Invesco Bulletshares 2033 CB | New | 0.07% | +0.07 |
| ETN Eaton Corp. PLC | Add +18.2% | 0.28% | +0.07 |
| CL Colgate-Palmolive Co. | Add +122.7% | 0.12% | +0.06 |
| WMB Williams Cos Inc. | Add +50.5% | 0.20% | +0.06 |
| WM Waste Management Inc. | Add +13.8% | 0.46% | +0.06 |
| ITW Illinois Tool Works | Add +30.9% | 0.48% | +0.06 |
| XLK SS Technology Select Sector | New | 0.06% | +0.06 |
| EXPE Expedia Group Inc. | Add +67.8% | 0.25% | +0.06 |
| WMT Walmart Inc. | Add +16.3% | 0.47% | +0.06 |
| O Realty Income Corp. | New | 0.06% | +0.06 |
| MMM 3M Co. | Add +283.6% | 0.08% | +0.06 |
| BSCW Invesco Bulletshares 2032 CB | Add +81.7% | 0.16% | +0.05 |
| SYK Stryker Corp. | Add +18.3% | 0.30% | +0.05 |
| SLB SLB Ltd. | Add +42.8% | 0.23% | +0.05 |
| DON Wisdomtree US Midcap Dividen | Add +26.9% | 0.36% | +0.05 |
| BSCV Invesco Bulletshares 2031 CB | Add +64.7% | 0.17% | +0.05 |
| PM Philip Morris International | Add +34.6% | 0.44% | +0.05 |
| MA Mastercard Inc. Class A | Add +19.0% | 0.36% | +0.05 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 589 | $887.6M | SPY, AAPL, MSFT, JPM, GOOGL |
| Q1 2026 | 623 | $789.4M | SPY, MSFT, AAPL, JPM, GOOGL |
| Q4 2025 | 724 | $803.9M | SPY, MSFT, AAPL, JPM, GOOGL |
| Q3 2025 | 623 | $778.0M | SPY, MSFT, AAPL, JPM, NVDA |
| Q2 2025 | 615 | $705.8M | SPY, MSFT, JPM, AAPL, NVDA |
| Q1 2025 | 613 | $639.6M | SPY, MSFT, AAPL, JPM, VTI |
| Q4 2024 | 623 | $649.8M | SPY, AAPL, MSFT, JPM, VTI |
| Q3 2024 | 586 | $465.1M | AAPL, SPY, MSFT, GOOGL, AMZN |
| Q2 2024 | 539 | $377.2M | SPY, AAPL, MSFT, GOOGL, AMZN |
| Q1 2024 | 517 | $333.9M | SPY, AAPL, MSFT, JPM, AMZN |