Independent Investors Inc.

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 26, 2024), Independent Investors Inc. reported 67 stock positions worth $418.2 million. Its top holding was Apple (AAPL) at 50.4% of the portfolio, followed by Microsoft (MSFT, 5.5%) and JPMorgan Chase (JPM, 2.7%). Compared with Q4 2023, it opened 1 new position, sold out of 1, added to 2 and reduced 26. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +16%) and the biggest sale Apple (AAPL, shares −1%).

Most Recent 13F
Q2 2026
Location
NESCONSET, NY
CIK
0001121908
Portfolio Value
$418.2M (Q1 2024)
SEC Filing
0001104659-24-052646 ↗ filed Apr 26, 2024

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $418.2M $418.2M Q1 2024 Q2 2024: $455.7M Q2 2024 Q3 2024: $493.5M Q3 2024 Q4 2024: $505.2M Q4 2024 Q1 2025: $471.3M Q1 2025 Q2 2025: $459.1M Q2 2025 Q3 2025: $519.6M Q3 2025 Q4 2025: $538.1M Q4 2025 Q1 2026: $503.6M Q1 2026 Q2 2026: $523.6M Q2 2026

Holdings 67 stocks · $418.2M
AAPL Apple Inc. 50.43% 1,229,789 $210.9M Reduce -1.2%
MSFT Microsoft Corp. 5.50% 54,628 $23.0M No change
JPM JPMorgan Chase & Co. 2.73% 56,934 $11.4M Reduce -0.2%
JNJ Johnson & Johnson 2.72% 71,821 $11.4M Reduce -0.6%
WAT Waters Corp. 2.62% 31,867 $11.0M No change
PG The Procter & Gamble Co. 2.14% 55,217 $9.0M No change
HON Honeywell International Inc. 2.08% 42,325 $8.7M Reduce -0.4%
AMGN Amgen Inc. 2.05% 30,155 $8.6M Reduce -1.3%
ABBV Abbvie Inc. 1.98% 45,388 $8.3M No change
XOM Exxon Mobil Corp. 1.69% 60,736 $7.1M Reduce -0.4%
BRK.B Berkshire Hathaway Inc. Class B 1.52% 15,137 $6.4M No change
BA The Boeing Co. 1.42% 30,751 $5.9M Reduce -0.3%
QCOM Qualcomm Inc. 1.40% 34,500 $5.8M No change
NKE Nike Inc. Class B 1.35% 60,000 $5.6M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.33% 45,564 $5.6M Reduce -0.0%
EMR Emerson Electric Co. 1.33% 49,000 $5.6M No change
MCD McDonald's Corp. 1.24% 18,445 $5.2M Reduce -0.2%
NSC Norfolk Southern Corp. 1.07% 17,600 $4.5M No change
ABT Abbott Laboratories 0.98% 36,050 $4.1M No change
ORCL Oracle Corp. 0.90% 29,900 $3.8M No change
UPS United Parcel Service Class B 0.88% 24,811 $3.7M Reduce -0.4%
DOV Dover Corp. 0.87% 20,600 $3.7M No change
PEP Pepsico Inc. 0.84% 19,963 $3.5M No change
UNP Union Pacific Corp. 0.68% 11,640 $2.9M Reduce -0.8%
AXP American Express Co. 0.65% 12,000 $2.7M No change
CL Colgate-Palmolive Co. 0.61% 28,133 $2.5M No change
HD Home Depot Inc. 0.55% 6,002 $2.3M Reduce -0.8%
KO The Coca-Cola Co. 0.53% 36,225 $2.2M No change
COST Costco Wholesale Corp. 0.51% 2,890 $2.1M No change
HHH Howard Hughes Holdings Inc. 0.50% 29,012 $2.1M No change
LHX L3HARRIS Technologies Inc. 0.50% 9,749 $2.1M No change
UNH Unitedhealth Group Inc. 0.42% 3,540 $1.8M No change
NVS Novartis AG-Sponsored ADR 0.41% 17,900 $1.7M No change
GOOG Alphabet Inc. Class C 0.40% 10,960 $1.7M Reduce -0.9%
GS Goldman Sachs Group Inc. 0.36% 3,640 $1.5M No change
BMY Bristol-Myers Squibb Co. 0.35% 26,938 $1.5M No change
GOOGL Alphabet Inc. Class A 0.28% 7,820 $1.2M No change
IVV iShares Core S&P 500 ETF 0.27% 2,168 $1.1M Add +15.9%
NVDA Nvidia Corp. 0.26% 1,190 $1.1M No change
SYK Stryker Corp. 0.26% 3,000 $1.1M No change
LOW Lowe's Cos Inc. 0.23% 3,800 $968K Reduce -0.4%
URI United Rentals Inc. 0.23% 1,330 $959K Reduce -3.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.23% 24,880 $943K Reduce -1.0%
CVX Chevron Corp. 0.22% 5,950 $939K Add +3.1%
SPY SS SPDR S&P 500 ETF Trust-US 0.22% 1,755 $918K No change
KVUE Kenvue Inc. 0.20% 39,219 $842K No change
JEPI JPMorgan Equity Premium Inco 0.20% 14,420 $834K Reduce -1.0%
GE General Electric 0.18% 4,244 $745K Reduce -1.1%
BABA Alibaba Group Holding-SP ADR 0.17% 10,100 $731K No change
MS Morgan Stanley 0.17% 7,483 $705K No change
CVS CVS Health Corp. 0.12% 6,450 $514K Reduce -11.6%
PCT Purecycle Technologies Inc. 0.12% 82,625 $514K Reduce -0.3%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.11% 2,350 $449K No change
KMI Kinder Morgan Inc. 0.10% 22,716 $417K Reduce -20.6%
V Visa Inc. Class A 0.09% 1,380 $385K No change
ETN Eaton Corp. PLC 0.09% 1,215 $380K No change
PFE Pfizer Inc. 0.09% 13,290 $369K Reduce -4.2%
MRK Merck & Co. Inc. 0.08% 2,500 $330K Reduce -1.0%
BAX Baxter International Inc. 0.08% 7,635 $326K No change
CRWD CrowdStrike Holdings Inc. Class A 0.07% 950 $305K Reduce -17.4%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.07% 5,223 $286K No change
CSCO Cisco Systems Inc. 0.07% 5,500 $275K No change
IJK iShares S&P Mid-Cap 400 Grow 0.06% 2,800 $256K No change
APD Air Products & Chemicals Inc. 0.06% 996 $241K Reduce -16.0%
MDLZ Mondelez International Inc. Class A 0.06% 3,300 $231K Reduce -5.7%
ESI Element Solutions Inc. 0.05% 8,575 $214K New
METV Roundhill Ball Metaverse ETF 0.03% 10,000 $124K No change

Portfolio Sells Q4 2023 → Q1 2024
AAPL Apple Inc. Reduce -1.2% 50.43% −4.72
BA The Boeing Co. Reduce -0.3% 1.42% −0.43
MMM 3M Co. Sold out 0.00% −0.05
UPS United Parcel Service Class B Reduce -0.4% 0.88% −0.02
MCD McDonald's Corp. Reduce -0.2% 1.24% −0.02
APD Air Products & Chemicals Inc. Reduce -16.0% 0.06% −0.02
KMI Kinder Morgan Inc. Reduce -20.6% 0.10% −0.02
CVS CVS Health Corp. Reduce -11.6% 0.12% −0.01
PFE Pfizer Inc. Reduce -4.2% 0.09% −0.00
MDLZ Mondelez International Inc. Class A Reduce -5.7% 0.06% −0.00
CRWD CrowdStrike Holdings Inc. Class A Reduce -17.4% 0.07% +0.01
JEPI JPMorgan Equity Premium Inco Reduce -1.0% 0.20% +0.02
MRK Merck & Co. Inc. Reduce -1.0% 0.08% +0.02
UNP Union Pacific Corp. Reduce -0.8% 0.68% +0.02
AMGN Amgen Inc. Reduce -1.3% 2.05% +0.03
HON Honeywell International Inc. Reduce -0.4% 2.08% +0.03
BAC Bank of America Corp. Reduce -1.0% 0.23% +0.03
LOW Lowe's Cos Inc. Reduce -0.4% 0.23% +0.04
GOOG Alphabet Inc. Class C Reduce -0.9% 0.40% +0.04
PCT Purecycle Technologies Inc. Reduce -0.3% 0.12% +0.05
URI United Rentals Inc. Reduce -3.6% 0.23% +0.05
GE General Electric Reduce -1.1% 0.18% +0.05
HD Home Depot Inc. Reduce -0.8% 0.55% +0.07
JNJ Johnson & Johnson Reduce -0.6% 2.72% +0.11
XOM Exxon Mobil Corp. Reduce -0.4% 1.69% +0.28
DIS The Walt Disney Co. Reduce -0.0% 1.33% +0.39
JPM JPMorgan Chase & Co. Reduce -0.2% 2.73% +0.49

Portfolio Buys Q4 2023 → Q1 2024
IVV iShares Core S&P 500 ETF Add +15.9% 0.27% +0.07
ESI Element Solutions Inc. New 0.05% +0.05
CVX Chevron Corp. Add +3.1% 0.22% +0.03

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 73$523.6MAAPL, MSFT, JNJ, JPM, AMGN
Q1 2026 70$503.6MAAPL, MSFT, JNJ, JPM, AMGN
Q4 2025 69$538.1MAAPL, MSFT, JPM, JNJ, ABBV
Q3 2025 70$519.6MAAPL, MSFT, JPM, JNJ, ABBV
Q2 2025 67$459.1MAAPL, MSFT, JPM, JNJ, HON
Q1 2025 70$471.3MAAPL, MSFT, JPM, JNJ, WAT
Q4 2024 66$505.2MAAPL, MSFT, JPM, WAT, JNJ
Q3 2024 69$493.5MAAPL, MSFT, JPM, JNJ, WAT
Q2 2024 67$455.7MAAPL, MSFT, JPM, JNJ, AMGN
Q1 2024 67$418.2MAAPL, MSFT, JPM, JNJ, WAT