Independence Bank of Kentucky
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 30, 2026), Independence Bank of Kentucky reported 623 stock positions worth $789.4 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 10.8% of the portfolio, followed by Microsoft (MSFT, 3.8%) and Apple (AAPL, 3.7%). Compared with Q4 2025, it opened 17 new positions, sold out of 119, added to 107 and reduced 294. The biggest buy was Avantis International Equity (AVDE, shares +51%) and the biggest sale Apple (AAPL, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- OWENSBORO, KY
- CIK
- 0001730479
- Portfolio Value
- $789.4M (Q1 2026)
- SEC Filing
- 0001730479-26-000002 ↗ filed Apr 30, 2026
Holdings Value
Holdings 623 stocks · $789.4M
| SPY SS SPDR S&P 500 ETF Trust-US | 10.75% | 130,525 | $84.9M | Add +1.9% |
| MSFT Microsoft Corp. | 3.79% | 80,904 | $29.9M | Add +4.4% |
| AAPL Apple Inc. | 3.73% | 116,073 | $29.5M | Reduce -2.9% |
| JPM JPMorgan Chase & Co. | 3.47% | 93,122 | $27.4M | Add +2.1% |
| GOOGL Alphabet Inc. Class A | 3.08% | 84,457 | $24.3M | Reduce -2.5% |
| NVDA Nvidia Corp. | 2.96% | 134,131 | $23.4M | Add +4.3% |
| VTI VG Morningstar TS MKT ETF-US | 2.55% | 62,713 | $20.1M | Reduce -0.1% |
| AMZN Amazon.com Inc. | 2.45% | 92,980 | $19.4M | Add +4.5% |
| AVDE Avantis International Equity | 1.95% | 181,691 | $15.4M | Add +50.7% |
| LLY Eli Lilly & Co. | 1.67% | 14,293 | $13.1M | Add +3.3% |
| EFA iShares MSCI Eafe ETF | 1.58% | 128,670 | $12.5M | Add +5.1% |
| VRT Vertiv Holdings Co. Class A | 1.51% | 47,697 | $12.0M | Reduce -15.7% |
| VOO Vanguard S&P 500 ETF | 1.43% | 18,872 | $11.3M | Add +12.1% |
| META Meta Platforms Inc. Class A | 1.31% | 18,043 | $10.3M | Reduce -3.4% |
| JNJ Johnson & Johnson | 1.23% | 39,773 | $9.7M | Reduce -6.1% |
| V Visa Inc. Class A | 1.20% | 31,240 | $9.4M | Reduce -2.2% |
| IWR iShares Russell Mid-Cap ETF | 1.10% | 89,296 | $8.7M | Add +1.9% |
| CVX Chevron Corp. | 1.07% | 40,925 | $8.5M | Reduce -6.8% |
| PG The Procter & Gamble Co. | 0.98% | 53,594 | $7.7M | Reduce -5.4% |
| XOM Exxon Mobil Corp. | 0.87% | 40,438 | $6.9M | Reduce -8.0% |
| IWM iShares Russell 2000 ETF | 0.86% | 27,258 | $6.8M | Reduce -1.5% |
| WMT Walmart Inc. | 0.83% | 52,932 | $6.6M | Reduce -3.3% |
| ABBV Abbvie Inc. | 0.82% | 29,847 | $6.5M | Add +9.4% |
| AVGO Broadcom Inc. | 0.81% | 20,674 | $6.4M | Add +5.3% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 0.77% | 4,629 | $6.1M | Reduce -9.6% |
| VYM Vanguard High DVD Yield ETF | 0.77% | 41,227 | $6.1M | Reduce -0.1% |
| HD Home Depot Inc. | 0.75% | 17,985 | $5.9M | Reduce -3.2% |
| USMV iShares MSCI USA Min Vol Fac | 0.75% | 63,517 | $5.9M | Reduce -2.0% |
| PEP Pepsico Inc. | 0.74% | 37,848 | $5.9M | Reduce -4.6% |
| NFLX Netflix Inc. | 0.73% | 59,599 | $5.7M | Add +84.9% |
| OEF iShares S&P 100 ETF | 0.71% | 17,699 | $5.6M | Add +0.0% |
| SPGI S&P Global Inc. | 0.67% | 12,506 | $5.3M | Add +20.9% |
| ORCL Oracle Corp. | 0.64% | 34,099 | $5.0M | Add +2.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.63% | 8,605 | $5.0M | Add +5.0% |
| AMD Advanced Micro Devices | 0.61% | 23,495 | $4.8M | Add +7.9% |
| IVV iShares Core S&P 500 ETF | 0.60% | 7,269 | $4.7M | Add +0.3% |
| AVEM Avantis Emerging Markets Eq | 0.60% | 58,313 | $4.7M | Add +53.0% |
| GOOG Alphabet Inc. Class C | 0.58% | 15,910 | $4.6M | Reduce -2.8% |
| WM Waste Management Inc. | 0.56% | 19,305 | $4.4M | Reduce -1.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.56% | 9,255 | $4.4M | Reduce -1.1% |
| NEE Nextera Energy Inc. | 0.55% | 46,800 | $4.3M | Reduce -8.8% |
| KO The Coca-Cola Co. | 0.54% | 55,546 | $4.2M | Add +0.1% |
| MRK Merck & Co. Inc. | 0.53% | 34,770 | $4.2M | Reduce -10.5% |
| EEM iShares MSCI Emerging Market | 0.50% | 69,500 | $3.9M | Add +10.3% |
| MA Mastercard Inc. Class A | 0.49% | 7,817 | $3.9M | Reduce -0.6% |
| LOW Lowe's Cos Inc. | 0.46% | 15,421 | $3.6M | Add +4.6% |
| ADP Automatic Data Processing | 0.46% | 17,865 | $3.6M | Add +7.1% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.46% | 22,623 | $3.6M | Reduce -0.2% |
| SDY SS SPDR S&P Dividend ETF | 0.45% | 24,517 | $3.6M | No change |
| PM Philip Morris International | 0.45% | 21,569 | $3.6M | Add +1.0% |
| DON Wisdomtree US Midcap Dividen | 0.43% | 65,069 | $3.4M | Reduce -1.2% |
| IWF iShares Russell 1000 Growth | 0.43% | 8,003 | $3.4M | Add +13.5% |
| COST Costco Wholesale Corp. | 0.42% | 3,336 | $3.3M | Reduce -1.3% |
| GNRC Generac Holdings Inc. | 0.41% | 16,710 | $3.3M | Reduce -9.5% |
| ABT Abbott Laboratories | 0.41% | 31,236 | $3.2M | Reduce -4.0% |
| XLE SS Energy Select Sector | 0.38% | 49,229 | $3.0M | Reduce -1.3% |
| GLD SPDR Gold Shares | 0.38% | 6,912 | $3.0M | Reduce -9.9% |
| MDY State Street SPDR S&P Midcap | 0.38% | 4,809 | $3.0M | No change |
| IEFA iShares Core MSCI Eafe ETF | 0.36% | 31,800 | $2.9M | Add +16.1% |
| TMUS T-Mobile US Inc. | 0.36% | 13,536 | $2.8M | Reduce -3.4% |
| MCD McDonald's Corp. | 0.36% | 9,029 | $2.8M | Add +0.0% |
| ICE Intercontinental Exchange Inc. | 0.35% | 17,582 | $2.8M | Add +0.3% |
| MU Micron Technology Inc. | 0.35% | 8,162 | $2.8M | Reduce -25.5% |
| GD General Dynamics Corp. | 0.35% | 7,960 | $2.7M | Reduce -4.8% |
| ETN Eaton Corp. PLC | 0.32% | 7,137 | $2.6M | Add +3.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.31% | 49,831 | $2.4M | Reduce -3.4% |
| PNC PNC Financial Services Group | 0.31% | 11,673 | $2.4M | Reduce -0.5% |
| DVY iShares Select Dividend ETF | 0.30% | 15,570 | $2.4M | Reduce -13.4% |
| SYK Stryker Corp. | 0.30% | 7,133 | $2.3M | Reduce -3.7% |
| BLK BlackRock Inc. | 0.29% | 2,415 | $2.3M | Add +0.3% |
| USB US Bancorp | 0.29% | 44,229 | $2.3M | Reduce -6.7% |
| JMTG Mortgage-Backed Securities filed as J P MORGAN EXCHANGE TRADED F | 0.29% | 44,920 | $2.3M | Reduce -5.1% |
| PWR Quanta Services Inc. | 0.29% | 4,129 | $2.3M | Reduce -11.6% |
| PANW Palo Alto Networks Inc. | 0.28% | 13,627 | $2.2M | Reduce -6.4% |
| CRM Salesforce Inc. | 0.27% | 11,553 | $2.2M | Reduce -7.6% |
| APD Air Products & Chemicals Inc. | 0.27% | 7,323 | $2.1M | Reduce -4.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.27% | 21,923 | $2.1M | Reduce -5.3% |
| WMB Williams Cos Inc. | 0.27% | 28,925 | $2.1M | Add +1.3% |
| HON Honeywell International Inc. | 0.27% | 9,284 | $2.1M | Reduce -6.9% |
| SYY Sysco Corp. | 0.26% | 28,679 | $2.0M | Reduce -0.3% |
| MO Altria Group Inc. | 0.26% | 30,848 | $2.0M | Reduce -0.5% |
| IWV iShares Russell 3000 ETF | 0.26% | 5,453 | $2.0M | Reduce -0.5% |
| SNOW Snowflake Inc. | 0.25% | 13,291 | $2.0M | Add +76.9% |
| AVUV Avantis US Small Cap Value | 0.25% | 17,871 | $2.0M | Reduce -13.7% |
| UNH Unitedhealth Group Inc. | 0.25% | 7,177 | $1.9M | Reduce -15.0% |
| C Citigroup Inc. | 0.24% | 16,380 | $1.9M | Reduce -2.0% |
| FLUT Flutter Entertainment PLC-Di | 0.23% | 18,000 | $1.8M | Add +440.5% |
| MS Morgan Stanley | 0.23% | 11,120 | $1.8M | Reduce -1.6% |
| PFE Pfizer Inc. | 0.23% | 64,402 | $1.8M | Reduce -5.5% |
| UNP Union Pacific Corp. | 0.23% | 7,375 | $1.8M | Reduce -4.1% |
| UPS United Parcel Service Class B | 0.22% | 17,379 | $1.7M | Reduce -5.9% |
| CAT Caterpillar Inc. | 0.21% | 2,372 | $1.7M | Reduce -0.5% |
| GS Goldman Sachs Group Inc. | 0.21% | 1,949 | $1.6M | Reduce -2.5% |
| RTX RTX Corp. | 0.21% | 8,500 | $1.6M | Reduce -16.1% |
| PAYX Paychex Inc. | 0.21% | 17,711 | $1.6M | Add +37.7% |
| MDLZ Mondelez International Inc. Class A | 0.20% | 28,079 | $1.6M | Reduce -4.0% |
| EFV iShares MSCI Eafe Value ETF | 0.20% | 21,504 | $1.6M | Reduce -0.3% |
| NOW ServiceNow Inc. | 0.20% | 15,280 | $1.6M | Add +262.5% |
| MDB Mongodb Inc. | 0.20% | 6,512 | $1.6M | Add +110.6% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.20% | 6,050 | $1.6M | Add +4.5% |
Portfolio Sells Q4 2025 → Q1 2026
| AAPL Apple Inc. | Reduce -2.9% | 3.73% | −0.31 |
| GOOGL Alphabet Inc. Class A | Reduce -2.5% | 3.08% | −0.30 |
| META Meta Platforms Inc. Class A | Reduce -3.4% | 1.31% | −0.23 |
| PNFP Pinnacle Financial Partners | Sold out | 0.00% | −0.22 |
| V Visa Inc. Class A | Reduce -2.2% | 1.20% | −0.20 |
| CRM Salesforce Inc. | Reduce -7.6% | 0.27% | −0.14 |
| DKNG Draftkings Inc. Class A | Reduce -83.1% | 0.02% | −0.13 |
| ABT Abbott Laboratories | Reduce -4.0% | 0.41% | −0.10 |
| UNH Unitedhealth Group Inc. | Reduce -15.0% | 0.25% | −0.10 |
| ELF Elf Beauty Inc. | Reduce -55.7% | 0.05% | −0.09 |
| ACN Accenture PLC Class A | Reduce -13.3% | 0.16% | −0.08 |
| IBIT iShares Bitcoin Trust ETF | Reduce -72.5% | 0.02% | −0.08 |
| ADBE Adobe Inc. | Reduce -73.8% | 0.02% | −0.07 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -0.1% | 2.55% | −0.07 |
| MA Mastercard Inc. Class A | Reduce -0.6% | 0.49% | −0.06 |
| GOOG Alphabet Inc. Class C | Reduce -2.8% | 0.58% | −0.06 |
| DIS The Walt Disney Co. | Reduce -5.3% | 0.27% | −0.06 |
| PANW Palo Alto Networks Inc. | Reduce -6.4% | 0.28% | −0.06 |
| DHR Danaher Corp. | Reduce -17.9% | 0.12% | −0.06 |
| FSLR First Solar Inc. | Reduce -1.4% | 0.17% | −0.06 |
| CHDN Churchill Downs Inc. | Reduce -17.7% | 0.11% | −0.05 |
| TMO Thermo Fisher Scientific Inc. | Reduce -8.2% | 0.19% | −0.05 |
| EXPE Expedia Group Inc. | Reduce -7.5% | 0.15% | −0.05 |
| HD Home Depot Inc. | Reduce -3.2% | 0.75% | −0.05 |
| BAC Bank of America Corp. | Reduce -3.4% | 0.31% | −0.05 |
| F Ford Motor Co. | Reduce -36.9% | 0.05% | −0.04 |
| MU Micron Technology Inc. | Reduce -25.5% | 0.35% | −0.04 |
| IBM Intl Business Machines Corp. | Reduce -4.5% | 0.12% | −0.03 |
| BX Blackstone Inc. | Reduce -74.0% | 0.01% | −0.03 |
| MZTI The Marzetti Company | Reduce -32.4% | 0.04% | −0.03 |
| CIVI Civitas Resources Inc. | Sold out | 0.00% | −0.03 |
| PG The Procter & Gamble Co. | Reduce -5.4% | 0.98% | −0.03 |
| PPG PPG Industries Inc. | Reduce -67.0% | 0.01% | −0.03 |
| SYK Stryker Corp. | Reduce -3.7% | 0.30% | −0.03 |
| BRBR Bellring Brands Inc. | Reduce -74.1% | 0.00% | −0.02 |
| AMT American Tower Corp. | Reduce -25.1% | 0.07% | −0.02 |
| GE General Electric | Reduce -14.5% | 0.10% | −0.02 |
| RTX RTX Corp. | Reduce -16.1% | 0.21% | −0.02 |
| QUAL iShares MSCI USA Quality Fac | Reduce -20.3% | 0.09% | −0.02 |
| MMM 3M Co. | Reduce -6.1% | 0.15% | −0.02 |
| USB US Bancorp | Reduce -6.7% | 0.29% | −0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.1% | 0.56% | −0.02 |
| HUM Humana Inc. | Reduce -11.3% | 0.03% | −0.02 |
| SLF Sun Life Financial Inc. | Sold out | 0.00% | −0.02 |
| ITW Illinois Tool Works | Reduce -18.3% | 0.15% | −0.02 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -62.0% | 0.01% | −0.02 |
| TSLA Tesla Inc. | Reduce -19.9% | 0.04% | −0.02 |
| LMT Lockheed Martin Corp. | Reduce -28.3% | 0.19% | −0.02 |
| AZN Astrazeneca PLC-Spons ADR | Sold out | 0.00% | −0.02 |
| MS Morgan Stanley | Reduce -1.6% | 0.23% | −0.02 |
Portfolio Buys Q4 2025 → Q1 2026
| AVDE Avantis International Equity | Add +50.7% | 1.95% | +0.72 |
| NFLX Netflix Inc. | Add +84.9% | 0.73% | +0.35 |
| AVEM Avantis Emerging Markets Eq | Add +53.0% | 0.60% | +0.23 |
| FLUT Flutter Entertainment PLC-Di | Add +440.5% | 0.23% | +0.14 |
| NOW ServiceNow Inc. | Add +262.5% | 0.20% | +0.12 |
| EFA iShares MSCI Eafe ETF | Add +5.1% | 1.58% | +0.12 |
| VOO Vanguard S&P 500 ETF | Add +12.1% | 1.43% | +0.12 |
| NKE Nike Inc. Class B | Add +357.8% | 0.10% | +0.08 |
| SGOL Abrdn Physical Gold Shares | New | 0.07% | +0.07 |
| EEM iShares MSCI Emerging Market | Add +10.3% | 0.50% | +0.07 |
| IEFA iShares Core MSCI Eafe ETF | Add +16.1% | 0.36% | +0.06 |
| MELI MercadoLibre Inc. | Add +72.9% | 0.17% | +0.06 |
| UL Unilever PLC-Sponsored ADR | New | 0.06% | +0.06 |
| WMB Williams Cos Inc. | Add +1.3% | 0.27% | +0.05 |
| KO The Coca-Cola Co. | Add +0.1% | 0.54% | +0.05 |
| ETN Eaton Corp. PLC | Add +3.8% | 0.32% | +0.05 |
| IWR iShares Russell Mid-Cap ETF | Add +1.9% | 1.10% | +0.05 |
| SM SM Energy Co. | New | 0.05% | +0.05 |
| SNOW Snowflake Inc. | Add +76.9% | 0.25% | +0.05 |
| ABBV Abbvie Inc. | Add +9.4% | 0.82% | +0.05 |
| BSCZ Invesco Bulletshares 2035 CB | New | 0.05% | +0.05 |
| BSCY Invesco Bulletshares 2034 CB | Add +145.6% | 0.08% | +0.05 |
| MKC McCormick & Co.-Non VTG SHRS | New | 0.04% | +0.04 |
| RDDT Reddit Inc. Class A | Add +120.0% | 0.18% | +0.04 |
| MDB Mongodb Inc. | Add +110.6% | 0.20% | +0.04 |
| XLV SS Health Care Select Sector | Add +74.4% | 0.09% | +0.04 |
| BSCX Invesco Bulletshares 2033 CB | Add +24.8% | 0.15% | +0.03 |
| CEG Constellation Energy | Add +100.0% | 0.08% | +0.03 |
| DE Deere & Co. | Add +0.4% | 0.15% | +0.03 |
| SPOT Spotify Technology SA | Add +9400.0% | 0.03% | +0.03 |
| PAYX Paychex Inc. | Add +37.7% | 0.21% | +0.03 |
| EQT Eqt Corp. | Add +5.2% | 0.13% | +0.03 |
| PM Philip Morris International | Add +1.0% | 0.45% | +0.03 |
| AMD Advanced Micro Devices | Add +7.9% | 0.61% | +0.03 |
| CSX CSX Corp. | Add +7.7% | 0.13% | +0.03 |
| FISV Fiserv Inc. | Add +45.5% | 0.11% | +0.02 |
| BSCV Invesco Bulletshares 2031 CB | Add +11.9% | 0.18% | +0.02 |
| LOW Lowe's Cos Inc. | Add +4.6% | 0.46% | +0.02 |
| BSCW Invesco Bulletshares 2032 CB | Add +11.4% | 0.18% | +0.02 |
| VXUS Vanguard Total Intl Stock | Add +18.1% | 0.09% | +0.02 |
| IWF iShares Russell 1000 Growth | Add +13.5% | 0.43% | +0.02 |
| XLK SS Technology Select Sector | Add +16.2% | 0.20% | +0.02 |
| IWD iShares Russell 1000 Value E | Add +13.8% | 0.11% | +0.02 |
| IEMG iShares Core MSCI Emerging | Add +8.0% | 0.13% | +0.02 |
| BSCU Invesco Bulletshares 2030 CB | Add +9.8% | 0.16% | +0.02 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +4.5% | 0.20% | +0.01 |
| HSY The Hershey Co. | Add +9.7% | 0.07% | +0.01 |
| SAP Sap SE-Sponsored ADR | Add +176.1% | 0.03% | +0.01 |
| ADI Analog Devices Inc. | Add +2.0% | 0.08% | +0.01 |
| MCD McDonald's Corp. | Add +0.0% | 0.36% | +0.01 |
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 |