Independent Family Office, LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Independent Family Office, LLC reported 77 stock positions worth $215.7 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 13.6% of the portfolio, followed by iShares Gold Trust (IAU, 11.6%) and PTC (PTC, 9.8%). Compared with Q1 2025, it opened 7 new positions, added to 19 and reduced 17. The biggest buy was Vanguard S&P 500 ETF (VOO, shares +28%) and the biggest sale iShares Gold Trust (IAU, shares −4%).

Most Recent 13F
Q2 2026
Location
ALBANY, NY
CIK
0001756485
Portfolio Value
$215.7M (Q2 2025)
SEC Filing
0001951757-25-001072 ↗ filed Aug 13, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $186.3M Q1 2024 Q2 2024: $175.3M Q2 2024 Q3 2024: $199.2M Q3 2024 Q4 2024: $192.5M Q4 2024 Q1 2025: $190.1M Q1 2025 Q2 2025: $215.7M $215.7M Q2 2025 Q3 2025: $236.3M Q3 2025 Q4 2025: $239.5M Q4 2025 Q1 2026: $243.0M Q1 2026 Q2 2026: $248.9M Q2 2026

Holdings 77 stocks · $215.7M
SPY SS SPDR S&P 500 ETF Trust-US 13.64% 47,632 $29.4M No change
IAU iShares Gold Trust 11.59% 400,907 $25.0M Reduce -4.0%
PTC PTC Inc. 9.84% 125,474 $21.2M Reduce -0.5%
IWD iShares Russell 1000 Value E 7.86% 87,276 $17.0M Add +1.4%
TOST Toast Inc. Class A 5.58% 271,850 $12.0M Reduce -4.6%
VOO Vanguard S&P 500 ETF 4.99% 18,517 $10.8M Add +28.2%
GLD SPDR Gold Shares 4.40% 31,118 $9.5M Reduce -0.9%
IWM iShares Russell 2000 ETF 3.84% 38,388 $8.3M No change
INFL Horizon Kinetics Infl Benef 2.67% 134,886 $5.8M Add +28.0%
IWN iShares Russell 2000 Value E 2.51% 34,285 $5.4M Reduce -2.0%
VIG Vanguard Dividend Apprec ETF 2.42% 25,497 $5.2M Reduce -1.9%
VEA Vanguard Ftse Developed ETF 2.35% 88,826 $5.1M Add +22.8%
BRK.B Berkshire Hathaway Inc. Class B 2.08% 9,224 $4.5M Add +21.6%
DCRE DBL Comm Real Est Debt 1.39% 57,623 $3.0M Add +53.8%
MSFT Microsoft Corp. 1.10% 4,767 $2.4M Add +9.3%
IJR iShares Core S&P Small-Cap E 0.93% 17,849 $2.0M Add +24.1%
TIP iShares Tips Bond ETF 0.92% 17,936 $2.0M No change
TSM Taiwan Semiconductor-SP ADR 0.91% 8,685 $2.0M No change
SHW The Sherwin-Williams Co. 0.90% 5,657 $1.9M Add +0.4%
SMG Scotts Miracle-Gro Co. 0.90% 29,342 $1.9M No change
IJH iShares Core S&P Midcap ETF 0.85% 29,690 $1.8M No change
MSTR Strategy Inc. filed as MICROSTRATEGY INC 0.77% 4,100 $1.7M Add +310.0%
AAPL Apple Inc. 0.75% 7,857 $1.6M Add +24.2%
IBIT iShares Bitcoin Trust ETF 0.75% 26,330 $1.6M Add +16.6%
BRK.A Berkshire Hathaway Inc. Class A 0.68% 2 $1.5M No change
GDX Vaneck Gold Miners ETF 0.65% 26,795 $1.4M No change
STIP iShares 0-5 Year Tips Bond E 0.64% 13,400 $1.4M New
SHY iShares 1-3 Year Treasury Bo 0.62% 16,227 $1.3M Reduce -9.3%
VPU Vanguard Utilities ETF 0.61% 7,450 $1.3M Add +25.2%
PHYS Sprott Physical Gold Trust 0.60% 51,316 $1.3M Reduce -25.0%
VDC Vanguard Consumer Staple ETF 0.57% 5,640 $1.2M No change
BSV Vanguard Short-Term Bond ETF 0.57% 15,692 $1.2M Add +7.8%
IEO iShares U.S. Oil & Gas Explo 0.55% 13,297 $1.2M Add +23.8%
IEF iShares 7-10 Year Treasury B 0.54% 12,258 $1.2M No change
RLY SS Multi-Asset Real Ret ETF 0.53% 39,611 $1.2M Reduce -6.3%
VXUS Vanguard Total Intl Stock 0.51% 15,774 $1.1M No change
PKW Invesco Buyback Achievers Et 0.48% 8,414 $1.0M No change
GOOG Alphabet Inc. Class C 0.47% 5,700 $1.0M Reduce -16.7%
IJS iShares S&P Small-Cap 600 Va 0.46% 10,080 $1.0M No change
EEM iShares MSCI Emerging Market 0.46% 20,688 $998K No change
IVV iShares Core S&P 500 ETF 0.45% 1,568 $974K Add +0.3%
TMO Thermo Fisher Scientific Inc. 0.42% 2,257 $915K No change
HGV Hilton Grand Vacations Inc. 0.31% 16,085 $668K No change
EFA iShares MSCI Eafe ETF 0.30% 7,174 $641K New
JPM JPMorgan Chase & Co. 0.30% 2,200 $638K Add +30.9%
AXP American Express Co. 0.29% 1,932 $616K No change
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.28% 5,500 $603K No change
TMUS T-Mobile US Inc. 0.28% 2,500 $596K Reduce -16.7%
QQQ Invesco QQQ Trust Series 1 0.27% 1,039 $573K Reduce -27.6%
COST Costco Wholesale Corp. 0.25% 555 $549K No change
GOOGL Alphabet Inc. Class A 0.25% 3,083 $543K Add +16.6%
AEM Agnico Eagle Mines Ltd. 0.24% 4,275 $508K No change
FLOT iShares Floating Rate Bond E 0.22% 9,420 $481K No change
CEF Sprott Physical Gold and Sil 0.21% 15,140 $456K No change
NGD New Gold Inc. 0.19% 84,114 $416K No change
ORCL Oracle Corp. 0.19% 1,884 $412K No change
GCOW Pacer Global Cash Cows Divid 0.18% 10,315 $392K No change
LLY Eli Lilly & Co. 0.18% 500 $390K New
META Meta Platforms Inc. Class A 0.16% 463 $342K Reduce -39.3%
VHT Vanguard Health Care ETF 0.16% 1,350 $335K New
ADP Automatic Data Processing 0.15% 1,058 $326K No change
NEM Newmont Corp. 0.15% 5,593 $326K No change
ITW Illinois Tool Works 0.15% 1,271 $314K No change
AGG iShares Core U.S. Aggregate 0.14% 3,032 $301K No change
IJJ iShares S&P Mid-Cap 400 Valu 0.13% 2,340 $289K Reduce -0.4%
EWC iShares MSCI Canada ETF 0.13% 6,200 $286K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.13% 921 $271K New
WMT Walmart Inc. 0.11% 2,520 $246K Reduce -19.2%
AMP Ameriprise Financial Inc. 0.11% 428 $228K No change
TECK Teck Resources Ltd.-CLS B 0.10% 5,500 $222K No change
JNJ Johnson & Johnson 0.10% 1,449 $221K Reduce -12.1%
TY Tri-Continental Corp. 0.10% 6,987 $221K No change
PEP Pepsico Inc. 0.10% 1,635 $216K Reduce -5.8%
UNH Unitedhealth Group Inc. 0.10% 690 $215K Add +16.9%
ABBV Abbvie Inc. 0.10% 1,157 $215K New
PGR Progressive Corp. 0.10% 778 $208K No change
AMZN Amazon.com Inc. 0.09% 933 $205K New

Portfolio Sells Q1 2025 → Q2 2025
IAU iShares Gold Trust Reduce -4.0% 11.59% −1.35
PTC PTC Inc. Reduce -0.5% 9.84% −0.44
GLD SPDR Gold Shares Reduce -0.9% 4.40% −0.36
IWN iShares Russell 2000 Value E Reduce -2.0% 2.51% −0.27
PHYS Sprott Physical Gold Trust Reduce -25.0% 0.60% −0.26
VIG Vanguard Dividend Apprec ETF Reduce -1.9% 2.42% −0.23
SHY iShares 1-3 Year Treasury Bo Reduce -9.3% 0.62% −0.16
TMUS T-Mobile US Inc. Reduce -16.7% 0.28% −0.14
RLY SS Multi-Asset Real Ret ETF Reduce -6.3% 0.53% −0.10
GOOG Alphabet Inc. Class C Reduce -16.7% 0.47% −0.09
QQQ Invesco QQQ Trust Series 1 Reduce -27.6% 0.27% −0.09
META Meta Platforms Inc. Class A Reduce -39.3% 0.16% −0.07
JNJ Johnson & Johnson Reduce -12.1% 0.10% −0.04
PEP Pepsico Inc. Reduce -5.8% 0.10% −0.04
WMT Walmart Inc. Reduce -19.2% 0.11% −0.03
IJJ iShares S&P Mid-Cap 400 Valu Reduce -0.4% 0.13% −0.01
TOST Toast Inc. Class A Reduce -4.6% 5.58% +0.61

Portfolio Buys Q1 2025 → Q2 2025
VOO Vanguard S&P 500 ETF Add +28.2% 4.99% +1.09
STIP iShares 0-5 Year Tips Bond E New 0.64% +0.64
MSTR Strategy Inc. Add +310.0% 0.77% +0.62
INFL Horizon Kinetics Infl Benef Add +28.0% 2.67% +0.42
VEA Vanguard Ftse Developed ETF Add +22.8% 2.35% +0.41
DCRE DBL Comm Real Est Debt Add +53.8% 1.39% +0.37
EFA iShares MSCI Eafe ETF New 0.30% +0.30
MSFT Microsoft Corp. Add +9.3% 1.10% +0.24
IBIT iShares Bitcoin Trust ETF Add +16.6% 0.75% +0.19
LLY Eli Lilly & Co. New 0.18% +0.18
VHT Vanguard Health Care ETF New 0.16% +0.16
IBM Intl Business Machines Corp. New 0.13% +0.13
IJR iShares Core S&P Small-Cap E Add +24.1% 0.93% +0.12
ABBV Abbvie Inc. New 0.10% +0.10
AMZN Amazon.com Inc. New 0.09% +0.09
JPM JPMorgan Chase & Co. Add +30.9% 0.30% +0.08
VPU Vanguard Utilities ETF Add +25.2% 0.61% +0.08
GOOGL Alphabet Inc. Class A Add +16.6% 0.25% +0.04
IEO iShares U.S. Oil & Gas Explo Add +23.8% 0.55% +0.01
AAPL Apple Inc. Add +24.2% 0.75% +0.01
IVV iShares Core S&P 500 ETF Add +0.3% 0.45% −0.01
BSV Vanguard Short-Term Bond ETF Add +7.8% 0.57% −0.03
BRK.B Berkshire Hathaway Inc. Class B Add +21.6% 2.08% −0.05
UNH Unitedhealth Group Inc. Add +16.9% 0.10% −0.06
SHW The Sherwin-Williams Co. Add +0.4% 0.90% −0.13
IWD iShares Russell 1000 Value E Add +1.4% 7.86% −0.66

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 85$248.9MSPY, IAU, IWD, VOO, PTC
Q1 2026 90$243.0MIAU, SPY, IWD, PTC, VOO
Q4 2025 79$239.5MSPY, IAU, PTC, IWD, VOO
Q3 2025 79$236.3MSPY, IAU, PTC, IWD, VOO
Q2 2025 77$215.7MSPY, IAU, PTC, IWD, TOST
Q1 2025 70$190.1MSPY, IAU, PTC, IWD, TOST
Q4 2024 71$192.5MSPY, PTC, IAU, IWD, TOST
Q3 2024 71$199.2MSPY, PTC, IAU, IWD, TOST
Q2 2024 69$175.3MPTC, SPY, IAU, IWD, TOST
Q1 2024 74$186.3MSPY, PTC, IAU, IWD, IWM