Independent Investors Inc.

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 16, 2024), Independent Investors Inc. reported 67 stock positions worth $455.7 million. Its top holding was Apple (AAPL) at 55.2% of the portfolio, followed by Microsoft (MSFT, 5.4%) and JPMorgan Chase (JPM, 2.5%). Compared with Q1 2024, it opened 1 new position, sold out of 1, added to 2 and reduced 6. The biggest buy was a new position in iShares MSCI India ETF (INDA) and the biggest sale Boeing (BA, shares −0%).

Most Recent 13F
Q2 2026
Location
NESCONSET, NY
CIK
0001121908
Portfolio Value
$455.7M (Q2 2024)
SEC Filing
0001104659-24-080077 ↗ filed Jul 16, 2024

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $418.2M Q1 2024 Q2 2024: $455.7M $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 · $455.7M
AAPL Apple Inc. 55.25% 1,195,239 $251.7M Reduce -2.8%
MSFT Microsoft Corp. 5.36% 54,628 $24.4M No change
JPM JPMorgan Chase & Co. 2.53% 56,934 $11.5M No change
JNJ Johnson & Johnson 2.30% 71,821 $10.5M No change
AMGN Amgen Inc. 2.07% 30,155 $9.4M No change
WAT Waters Corp. 2.03% 31,867 $9.2M No change
HON Honeywell International Inc. 1.98% 42,325 $9.0M No change
PG The Procter & Gamble Co. 1.98% 54,742 $9.0M Reduce -0.9%
ABBV Abbvie Inc. 1.71% 45,388 $7.8M No change
XOM Exxon Mobil Corp. 1.57% 61,953 $7.1M Add +2.0%
QCOM Qualcomm Inc. 1.51% 34,500 $6.9M No change
BRK.B Berkshire Hathaway Inc. Class B 1.35% 15,137 $6.2M No change
BA The Boeing Co. 1.22% 30,621 $5.6M Reduce -0.4%
EMR Emerson Electric Co. 1.18% 49,000 $5.4M No change
MCD McDonald's Corp. 1.03% 18,445 $4.7M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.99% 45,564 $4.5M No change
NKE Nike Inc. Class B 0.99% 60,000 $4.5M No change
ORCL Oracle Corp. 0.93% 29,900 $4.2M No change
NSC Norfolk Southern Corp. 0.83% 17,600 $3.8M No change
ABT Abbott Laboratories 0.82% 36,050 $3.7M No change
DOV Dover Corp. 0.82% 20,600 $3.7M No change
UPS United Parcel Service Class B 0.75% 24,811 $3.4M No change
PEP Pepsico Inc. 0.72% 19,963 $3.3M No change
AXP American Express Co. 0.61% 12,000 $2.8M No change
CL Colgate-Palmolive Co. 0.60% 28,133 $2.7M No change
UNP Union Pacific Corp. 0.58% 11,640 $2.6M No change
COST Costco Wholesale Corp. 0.54% 2,890 $2.5M No change
KO The Coca-Cola Co. 0.51% 36,225 $2.3M No change
LHX L3HARRIS Technologies Inc. 0.48% 9,749 $2.2M No change
HD Home Depot Inc. 0.45% 6,002 $2.1M No change
GOOG Alphabet Inc. Class C 0.44% 10,960 $2.0M No change
NVS Novartis AG-Sponsored ADR 0.42% 17,900 $1.9M No change
HHH Howard Hughes Holdings Inc. 0.41% 29,012 $1.9M No change
GS Goldman Sachs Group Inc. 0.36% 3,640 $1.6M No change
UNH Unitedhealth Group Inc. 0.36% 3,215 $1.6M Reduce -9.2%
NVDA Nvidia Corp. 0.32% 11,900 $1.5M No change
GOOGL Alphabet Inc. Class A 0.31% 7,820 $1.4M No change
IVV iShares Core S&P 500 ETF 0.26% 2,143 $1.2M Reduce -1.1%
BMY Bristol-Myers Squibb Co. 0.25% 26,938 $1.1M No change
SYK Stryker Corp. 0.22% 3,000 $1.0M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.22% 24,880 $989K No change
CVX Chevron Corp. 0.21% 6,190 $968K Add +4.0%
SPY SS SPDR S&P 500 ETF Trust-US 0.21% 1,755 $955K No change
URI United Rentals Inc. 0.19% 1,330 $860K No change
LOW Lowe's Cos Inc. 0.18% 3,800 $838K No change
JEPI JPMorgan Equity Premium Inco 0.18% 14,420 $817K No change
MS Morgan Stanley 0.16% 7,483 $727K No change
BABA Alibaba Group Holding-SP ADR 0.16% 10,100 $727K No change
KVUE Kenvue Inc. 0.16% 39,219 $713K No change
GE General Electric filed as GE AEROSPACE 0.15% 4,239 $674K Reduce -0.1%
PCT Purecycle Technologies Inc. 0.11% 82,625 $489K No change
KMI Kinder Morgan Inc. 0.10% 22,716 $451K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.09% 2,350 $406K No change
ETN Eaton Corp. PLC 0.08% 1,215 $381K No change
PFE Pfizer Inc. 0.08% 13,290 $372K No change
CRWD CrowdStrike Holdings Inc. Class A 0.08% 950 $364K No change
V Visa Inc. Class A 0.08% 1,380 $362K No change
MRK Merck & Co. Inc. 0.07% 2,500 $310K No change
CSCO Cisco Systems Inc. 0.06% 5,500 $261K No change
APD Air Products & Chemicals Inc. 0.06% 996 $257K No change
BAX Baxter International Inc. 0.06% 7,635 $255K No change
INDA iShares MSCI India ETF 0.06% 4,500 $251K New
IJK iShares S&P Mid-Cap 400 Grow 0.05% 2,800 $247K No change
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.05% 5,223 $246K No change
ESI Element Solutions Inc. 0.05% 8,575 $233K No change
MDLZ Mondelez International Inc. Class A 0.05% 3,300 $216K No change
METV Roundhill Ball Metaverse ETF 0.03% 10,000 $131K No change

Portfolio Sells Q1 2024 → Q2 2024
BA The Boeing Co. Reduce -0.4% 1.22% −0.20
PG The Procter & Gamble Co. Reduce -0.9% 1.98% −0.16
CVS CVS Health Corp. Sold out 0.00% −0.12
UNH Unitedhealth Group Inc. Reduce -9.2% 0.36% −0.06
GE General Electric Reduce -0.1% 0.15% −0.03
IVV iShares Core S&P 500 ETF Reduce -1.1% 0.26% −0.02
AAPL Apple Inc. Reduce -2.8% 55.25% +4.82

Portfolio Buys Q1 2024 → Q2 2024
INDA iShares MSCI India ETF New 0.06% +0.06
CVX Chevron Corp. Add +4.0% 0.21% −0.01
XOM Exxon Mobil Corp. Add +2.0% 1.57% −0.12

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