Independence Bank of Kentucky
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 9, 2024), Independence Bank of Kentucky reported 586 stock positions worth $465.1 million. Its top holding was Apple (AAPL) at 5.0% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 4.2%) and Microsoft (MSFT, 4.1%). Compared with Q2 2024, it opened 70 new positions, sold out of 23, added to 223 and reduced 136. The biggest buy was Apple (AAPL, shares +26%) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −15%).
- Most Recent 13F
- Q2 2026
- Location
- OWENSBORO, KY
- CIK
- 0001730479
- Portfolio Value
- $465.1M (Q3 2024)
- SEC Filing
- 0001730479-24-000004 ↗ filed Oct 9, 2024
Holdings Value
Holdings 586 stocks · $465.1M
| AAPL Apple Inc. | 5.02% | 100,257 | $23.4M | Add +26.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 4.25% | 34,444 | $19.8M | Reduce -15.4% |
| MSFT Microsoft Corp. | 4.14% | 44,752 | $19.3M | Add +34.4% |
| GOOGL Alphabet Inc. Class A | 2.80% | 78,583 | $13.0M | Add +30.1% |
| AMZN Amazon.com Inc. | 2.79% | 69,533 | $13.0M | Add +29.1% |
| JPM JPMorgan Chase & Co. | 2.33% | 51,342 | $10.8M | Add +8.7% |
| NVDA Nvidia Corp. | 2.30% | 88,131 | $10.7M | Add +55.1% |
| META Meta Platforms Inc. Class A | 2.06% | 16,735 | $9.6M | Add +39.8% |
| IWR iShares Russell Mid-Cap ETF | 1.77% | 93,287 | $8.2M | Add +18.0% |
| PG The Procter & Gamble Co. | 1.69% | 45,389 | $7.9M | Add +14.5% |
| V Visa Inc. Class A | 1.61% | 27,168 | $7.5M | Add +12.9% |
| EFA iShares MSCI Eafe ETF | 1.41% | 78,270 | $6.5M | Reduce -0.6% |
| VOO Vanguard S&P 500 ETF | 1.37% | 12,086 | $6.4M | Add +31.3% |
| UNH Unitedhealth Group Inc. | 1.33% | 10,594 | $6.2M | Add +34.2% |
| LLY Eli Lilly & Co. | 1.32% | 6,911 | $6.1M | Add +28.5% |
| IWM iShares Russell 2000 ETF | 1.30% | 27,422 | $6.1M | Add +12.9% |
| JNJ Johnson & Johnson | 1.26% | 36,082 | $5.8M | Add +10.0% |
| CVX Chevron Corp. | 1.24% | 39,306 | $5.8M | Add +10.9% |
| PEP Pepsico Inc. | 1.08% | 29,564 | $5.0M | Add +18.3% |
| ORCL Oracle Corp. | 1.07% | 29,158 | $5.0M | Add +65.6% |
| NEE Nextera Energy Inc. | 0.99% | 54,642 | $4.6M | Add +12.0% |
| XOM Exxon Mobil Corp. | 0.90% | 35,896 | $4.2M | Reduce -0.9% |
| LOW Lowe's Cos Inc. | 0.89% | 15,320 | $4.1M | Reduce -7.9% |
| AMD Advanced Micro Devices | 0.87% | 24,686 | $4.1M | Add +92.1% |
| HD Home Depot Inc. | 0.84% | 9,608 | $3.9M | Add +64.0% |
| MRK Merck & Co. Inc. | 0.81% | 33,064 | $3.8M | Add +12.9% |
| ABBV Abbvie Inc. | 0.78% | 18,430 | $3.6M | Add +11.6% |
| CRM Salesforce Inc. | 0.75% | 12,753 | $3.5M | Add +0.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.70% | 7,043 | $3.2M | Add +21.6% |
| WMT Walmart Inc. | 0.68% | 39,300 | $3.2M | Add +41.8% |
| ABT Abbott Laboratories | 0.67% | 27,454 | $3.1M | Add +27.3% |
| DON Wisdomtree US Midcap Dividen | 0.66% | 60,025 | $3.1M | Add +119.0% |
| KO The Coca-Cola Co. | 0.62% | 40,022 | $2.9M | Add +3.8% |
| APD Air Products & Chemicals Inc. | 0.59% | 9,277 | $2.8M | Add +11.0% |
| UPS United Parcel Service Class B | 0.59% | 20,259 | $2.8M | Add +21.5% |
| EEM iShares MSCI Emerging Market | 0.59% | 59,965 | $2.7M | Reduce -7.5% |
| AVUV Avantis US Small Cap Value | 0.56% | 27,109 | $2.6M | Add +3.3% |
| USB US Bancorp | 0.54% | 55,215 | $2.5M | Reduce -0.9% |
| ACN Accenture PLC Class A | 0.53% | 7,024 | $2.5M | Reduce -2.3% |
| PANW Palo Alto Networks Inc. | 0.52% | 7,085 | $2.4M | Add +1.6% |
| MA Mastercard Inc. Class A | 0.51% | 4,790 | $2.4M | Add +8.9% |
| AVGO Broadcom Inc. | 0.51% | 13,690 | $2.4M | Add +7.3% |
| ICE Intercontinental Exchange Inc. | 0.50% | 14,542 | $2.3M | Reduce -8.9% |
| VRT Vertiv Holdings Co. Class A | 0.49% | 23,120 | $2.3M | Add +678.5% |
| BLK BlackRock Finance Inc. | 0.49% | 2,388 | $2.3M | Add +80.5% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.48% | 19,175 | $2.3M | Add +6.5% |
| MO Altria Group Inc. | 0.48% | 44,010 | $2.2M | Add +2.3% |
| MCD McDonald's Corp. | 0.48% | 7,321 | $2.2M | Add +89.9% |
| PM Philip Morris International | 0.45% | 17,407 | $2.1M | Reduce -0.9% |
| QQQ Invesco QQQ Trust Series 1 | 0.45% | 4,289 | $2.1M | Add +108.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.45% | 21,564 | $2.1M | Add +18.1% |
| GD General Dynamics Corp. | 0.44% | 6,814 | $2.1M | Reduce -2.5% |
| PFE Pfizer Inc. | 0.44% | 70,456 | $2.0M | Add +17.5% |
| IWF iShares Russell 1000 Growth | 0.44% | 5,428 | $2.0M | Add +14.9% |
| TMO Thermo Fisher Scientific Inc. | 0.42% | 3,162 | $2.0M | Add +16.2% |
| CHDN Churchill Downs Inc. | 0.41% | 14,129 | $1.9M | Add +6.2% |
| IWV iShares Russell 3000 ETF | 0.41% | 5,833 | $1.9M | Reduce -4.2% |
| IVV iShares Core S&P 500 ETF | 0.40% | 3,237 | $1.9M | Add +25.2% |
| XLE SS Energy Select Sector | 0.40% | 21,250 | $1.9M | Reduce -4.8% |
| COST Costco Wholesale Corp. | 0.40% | 2,103 | $1.9M | Add +39.8% |
| HON Honeywell International Inc. | 0.40% | 8,997 | $1.9M | Add +12.5% |
| DHR Danaher Corp. | 0.40% | 6,676 | $1.9M | Add +4.3% |
| LMT Lockheed Martin Corp. | 0.39% | 3,086 | $1.8M | Add +23.0% |
| EXPE Expedia Group Inc. | 0.38% | 12,016 | $1.8M | Reduce -0.6% |
| TMUS T-Mobile US Inc. | 0.38% | 8,546 | $1.8M | Reduce -1.0% |
| VNQ Vanguard Real Estate ETF | 0.38% | 18,074 | $1.8M | Reduce -6.3% |
| UNP Union Pacific Corp. | 0.38% | 7,131 | $1.8M | Add +16.3% |
| GUNR NT Mstar GLBL NR ETF | 0.38% | 42,380 | $1.7M | Reduce -10.2% |
| RTX RTX Corp. | 0.37% | 14,368 | $1.7M | Add +14.0% |
| WM Waste Management Inc. | 0.37% | 8,323 | $1.7M | Add +9.3% |
| PNC PNC Financial Services Group | 0.37% | 9,260 | $1.7M | Add +230.1% |
| ITW Illinois Tool Works | 0.35% | 6,288 | $1.6M | Add +5.9% |
| AMT American Tower Corp. | 0.35% | 7,041 | $1.6M | Reduce -13.5% |
| NSC Norfolk Southern Corp. | 0.35% | 6,479 | $1.6M | Reduce -2.5% |
| ETN Eaton Corp. PLC | 0.34% | 4,837 | $1.6M | Add +53.9% |
| GOOG Alphabet Inc. Class C | 0.34% | 9,496 | $1.6M | Add +6.6% |
| ASML ASML Holding NV-NY Reg SHS | 0.34% | 1,899 | $1.6M | Add +42.8% |
| SYK Stryker Corp. | 0.33% | 4,264 | $1.5M | Add +40.5% |
| TFC Truist Financial Corp. | 0.33% | 35,650 | $1.5M | Add +5.8% |
| MDLZ Mondelez International Inc. Class A | 0.32% | 20,327 | $1.5M | Add +5.4% |
| ADBE Adobe Inc. | 0.32% | 2,877 | $1.5M | Add +19.8% |
| SBUX Starbucks Corp. | 0.32% | 15,196 | $1.5M | Reduce -21.1% |
| TGT Target Corp. | 0.31% | 9,327 | $1.5M | Add +11.1% |
| VZ Verizon Communications Inc. | 0.31% | 32,317 | $1.5M | Reduce -12.7% |
| SMH Vaneck Semiconductor ETF | 0.31% | 5,835 | $1.4M | Reduce -45.0% |
| IEFA iShares Core MSCI Eafe ETF | 0.30% | 18,136 | $1.4M | Add +2.4% |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 0.30% | 11,810 | $1.4M | Add +1205.0% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.30% | 17,561 | $1.4M | Reduce -4.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.30% | 35,094 | $1.4M | Add +71.4% |
| VGLT Vanguard Long-Term Treasury | 0.30% | 22,467 | $1.4M | Reduce -10.8% |
| PFF iShares Preferred & Income S | 0.30% | 41,313 | $1.4M | Reduce -12.6% |
| VCIT Vanguard Int-Term Corporate | 0.29% | 16,348 | $1.4M | Reduce -3.1% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.29% | 11,490 | $1.4M | Add +192.7% |
| ATO Atmos Energy Corp. | 0.28% | 9,518 | $1.3M | Add +20.9% |
| BF.B Brown-Forman Corp. Class B | 0.28% | 26,072 | $1.3M | Add +1.6% |
| MS Morgan Stanley | 0.27% | 12,099 | $1.3M | Add +203.6% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.27% | 5,263 | $1.2M | Reduce -5.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.26% | 5,530 | $1.2M | Add +55.4% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.26% | 3,181 | $1.2M | No change |
| DVY iShares Select Dividend ETF | 0.26% | 8,855 | $1.2M | Reduce -3.8% |
Portfolio Sells Q2 2024 → Q3 2024
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -15.4% | 4.25% | −1.63 |
| SMH Vaneck Semiconductor ETF | Reduce -45.0% | 0.31% | −0.42 |
| EFA iShares MSCI Eafe ETF | Reduce -0.6% | 1.41% | −0.23 |
| XOM Exxon Mobil Corp. | Reduce -0.9% | 0.90% | −0.20 |
| VCLT Vanguard Long-Term Corp. Bond | Reduce -61.6% | 0.10% | −0.20 |
| DG Dollar General Corp. | Reduce -87.2% | 0.01% | −0.18 |
| BLV Vanguard Long-Term Bond ETF | Reduce -30.1% | 0.22% | −0.14 |
| EEM iShares MSCI Emerging Market | Reduce -7.5% | 0.59% | −0.14 |
| XLE SS Energy Select Sector | Reduce -4.8% | 0.40% | −0.14 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -53.2% | 0.08% | −0.13 |
| GUNR NT Mstar GLBL NR ETF | Reduce -10.2% | 0.38% | −0.13 |
| BA The Boeing Co. | Reduce -48.5% | 0.05% | −0.10 |
| PFF iShares Preferred & Income S | Reduce -12.6% | 0.30% | −0.10 |
| GD General Dynamics Corp. | Reduce -2.5% | 0.44% | −0.10 |
| VZ Verizon Communications Inc. | Reduce -12.7% | 0.31% | −0.09 |
| IWV iShares Russell 3000 ETF | Reduce -4.2% | 0.41% | −0.09 |
| VGLT Vanguard Long-Term Treasury | Reduce -10.8% | 0.30% | −0.09 |
| EFV iShares MSCI Eafe Value ETF | Reduce -15.0% | 0.24% | −0.08 |
| LOW Lowe's Cos Inc. | Reduce -7.9% | 0.89% | −0.08 |
| SBUX Starbucks Corp. | Reduce -21.1% | 0.32% | −0.08 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -4.9% | 0.30% | −0.08 |
| ICE Intercontinental Exchange Inc. | Reduce -8.9% | 0.50% | −0.08 |
| AMT American Tower Corp. | Reduce -13.5% | 0.35% | −0.07 |
| LULU Lululemon Athletica Inc. | Reduce -33.6% | 0.06% | −0.07 |
| VCIT Vanguard Int-Term Corporate | Reduce -3.1% | 0.29% | −0.06 |
| CIVI Civitas Resources Inc. | Reduce -23.4% | 0.05% | −0.06 |
| GVI iShares Intermediate Governm | Sold out | 0.00% | −0.06 |
| ZBH Zimmer Biomet Holdings Inc. | Reduce -22.8% | 0.10% | −0.06 |
| PPG PPG Industries Inc. | Reduce -58.1% | 0.03% | −0.06 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -5.7% | 0.27% | −0.05 |
| IWS iShares Russell Mid-Cap Valu | Reduce -27.6% | 0.09% | −0.05 |
| ULTA Ulta Beauty Inc. | Reduce -13.1% | 0.12% | −0.05 |
| VNQ Vanguard Real Estate ETF | Reduce -6.3% | 0.38% | −0.05 |
| GS Goldman Sachs Group Inc. | Reduce -12.9% | 0.16% | −0.05 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -10.9% | 0.17% | −0.05 |
| ACN Accenture PLC Class A | Reduce -2.3% | 0.53% | −0.04 |
| CF CF Industries Holdings Inc. | Reduce -31.4% | 0.08% | −0.04 |
| SOXX iShares Semiconductor ETF | Reduce -3.0% | 0.12% | −0.04 |
| PGX Invesco Preferred ETF | Reduce -10.7% | 0.15% | −0.04 |
| USB US Bancorp | Reduce -0.9% | 0.54% | −0.04 |
| EFG iShares MSCI Eafe Growth ETF | Reduce -13.5% | 0.12% | −0.04 |
| DE Deere & Co. | Reduce -11.3% | 0.17% | −0.04 |
| TLT iShares 20+ Year Treasury BD | Sold out | 0.00% | −0.04 |
| BMY Bristol-Myers Squibb Co. | Reduce -27.3% | 0.11% | −0.04 |
| DVY iShares Select Dividend ETF | Reduce -3.8% | 0.26% | −0.04 |
| IYM iShares U.S. Basic Materials | Reduce -38.6% | 0.04% | −0.04 |
| NKE Nike Inc. Class B | Reduce -28.1% | 0.07% | −0.03 |
| NSC Norfolk Southern Corp. | Reduce -2.5% | 0.35% | −0.03 |
| CSX CSX Corp. | Reduce -0.2% | 0.16% | −0.03 |
| AMGN Amgen Inc. | Reduce -9.3% | 0.10% | −0.03 |
Portfolio Buys Q2 2024 → Q3 2024
| AAPL Apple Inc. | Add +26.3% | 5.02% | +0.59 |
| META Meta Platforms Inc. Class A | Add +39.8% | 2.06% | +0.46 |
| NVDA Nvidia Corp. | Add +55.1% | 2.30% | +0.44 |
| VRT Vertiv Holdings Co. Class A | Add +678.5% | 0.49% | +0.43 |
| ORCL Oracle Corp. | Add +65.6% | 1.07% | +0.41 |
| DON Wisdomtree US Midcap Dividen | Add +119.0% | 0.66% | +0.32 |
| AMD Advanced Micro Devices | Add +92.1% | 0.87% | +0.32 |
| HD Home Depot Inc. | Add +64.0% | 0.84% | +0.30 |
| IRM Iron Mountain Inc. | Add +1205.0% | 0.30% | +0.28 |
| UNH Unitedhealth Group Inc. | Add +34.2% | 1.33% | +0.27 |
| PNC PNC Financial Services Group | Add +230.1% | 0.37% | +0.25 |
| MCD McDonald's Corp. | Add +89.9% | 0.48% | +0.22 |
| BLK BlackRock Finance Inc. | Add +80.5% | 0.49% | +0.21 |
| MSFT Microsoft Corp. | Add +34.4% | 4.14% | +0.19 |
| QQQ Invesco QQQ Trust Series 1 | Add +108.7% | 0.45% | +0.19 |
| WMT Walmart Inc. | Add +41.8% | 0.68% | +0.18 |
| MS Morgan Stanley | Add +203.6% | 0.27% | +0.17 |
| CMI Cummins Inc. | Add +1617.2% | 0.17% | +0.16 |
| XLI SS Industrial Select Sector | Add +1395.2% | 0.16% | +0.15 |
| VOO Vanguard S&P 500 ETF | Add +31.3% | 1.37% | +0.15 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +192.7% | 0.29% | +0.15 |
| DFS Discover Financial Services | Add +491.8% | 0.17% | +0.14 |
| OEF iShares S&P 100 ETF | New | 0.11% | +0.11 |
| MU Micron Technology Inc. | Add +291.1% | 0.19% | +0.11 |
| SU Suncor Energy Inc. | Add +323.7% | 0.16% | +0.11 |
| USMV iShares MSCI USA Min Vol Fac | Add +111.6% | 0.22% | +0.10 |
| IBM Intl Business Machines Corp. | Add +55.4% | 0.26% | +0.10 |
| BAC Bank of America Corp. | Add +71.4% | 0.30% | +0.08 |
| ETN Eaton Corp. PLC | Add +53.9% | 0.34% | +0.08 |
| CTAS Cintas Corp. | Add +6571.4% | 0.08% | +0.08 |
| C Citigroup Inc. | Add +338.7% | 0.11% | +0.08 |
| AMAT Applied Materials Inc. | Add +396.9% | 0.11% | +0.08 |
| ABT Abbott Laboratories | Add +27.3% | 0.67% | +0.08 |
| NEE Nextera Energy Inc. | Add +12.0% | 0.99% | +0.08 |
| LMT Lockheed Martin Corp. | Add +23.0% | 0.39% | +0.08 |
| KR Kroger Co. | New | 0.08% | +0.08 |
| MCO Moody's Corp. | Add +9375.0% | 0.08% | +0.08 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +21.6% | 0.70% | +0.07 |
| GNRC Generac Holdings Inc. | Add +54.1% | 0.21% | +0.07 |
| IWR iShares Russell Mid-Cap ETF | Add +18.0% | 1.77% | +0.07 |
| MELI MercadoLibre Inc. | New | 0.07% | +0.07 |
| MMM 3M Co. | Add +30.6% | 0.22% | +0.07 |
| PWR Quanta Services Inc. | New | 0.06% | +0.06 |
| BRBR Bellring Brands Inc. | New | 0.06% | +0.06 |
| OMC Omnicom Group | New | 0.06% | +0.06 |
| COST Costco Wholesale Corp. | Add +39.8% | 0.40% | +0.06 |
| CSCO Cisco Systems Inc. | Add +44.3% | 0.25% | +0.06 |
| SYK Stryker Corp. | Add +40.5% | 0.33% | +0.06 |
| EQIX Equinix Inc. | Add +69.7% | 0.14% | +0.05 |
| AMP Ameriprise Financial Inc. | Add +99.6% | 0.11% | +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 |