Independent Investors Inc.

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 27, 2025), Independent Investors Inc. reported 66 stock positions worth $505.2 million. Its top holding was Apple (AAPL) at 58.2% of the portfolio, followed by Microsoft (MSFT, 4.5%) and JPMorgan Chase (JPM, 2.7%). Compared with Q3 2024, it opened 1 new position, sold out of 4 and reduced 8. The biggest buy was a new position in Seaport Entertainment (SEG) and the biggest sale Microsoft (MSFT, shares −0%).

Most Recent 13F
Q2 2026
Location
NESCONSET, NY
CIK
0001121908
Portfolio Value
$505.2M (Q4 2024)
SEC Filing
0001104659-25-006277 ↗ filed Jan 27, 2025

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $418.2M Q1 2024 Q2 2024: $455.7M Q2 2024 Q3 2024: $493.5M Q3 2024 Q4 2024: $505.2M $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 66 stocks · $505.2M
AAPL Apple Inc. 58.18% 1,173,797 $293.9M Reduce -1.4%
MSFT Microsoft Corp. 4.55% 54,528 $23.0M Reduce -0.2%
JPM JPMorgan Chase & Co. 2.70% 56,934 $13.6M No change
WAT Waters Corp. 2.34% 31,867 $11.8M No change
JNJ Johnson & Johnson 2.06% 71,821 $10.4M No change
HON Honeywell International Inc. 1.89% 42,325 $9.6M No change
PG The Procter & Gamble Co. 1.80% 54,342 $9.1M Reduce -0.7%
ABBV Abbvie Inc. 1.60% 45,388 $8.1M No change
AMGN Amgen Inc. 1.56% 30,155 $7.9M No change
BRK.B Berkshire Hathaway Inc. Class B 1.36% 15,137 $6.9M No change
XOM Exxon Mobil Corp. 1.32% 61,953 $6.7M No change
EMR Emerson Electric Co. 1.20% 49,000 $6.1M No change
BA The Boeing Co. 1.07% 30,561 $5.4M Reduce -0.2%
QCOM Qualcomm Inc. 1.05% 34,500 $5.3M No change
MCD McDonald's Corp. 1.04% 18,045 $5.2M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.00% 45,264 $5.0M No change
ORCL Oracle Corp. 0.99% 29,900 $5.0M No change
NKE Nike Inc. Class B 0.90% 60,000 $4.5M No change
NSC Norfolk Southern Corp. 0.82% 17,600 $4.1M No change
ABT Abbott Laboratories 0.81% 36,050 $4.1M No change
DOV Dover Corp. 0.76% 20,600 $3.9M No change
AXP American Express Co. 0.70% 12,000 $3.6M No change
UPS United Parcel Service Class B 0.62% 24,661 $3.1M Reduce -0.6%
PEP Pepsico Inc. 0.59% 19,463 $3.0M Reduce -2.5%
UNP Union Pacific Corp. 0.53% 11,640 $2.7M No change
COST Costco Wholesale Corp. 0.52% 2,890 $2.6M No change
CL Colgate-Palmolive Co. 0.51% 28,133 $2.6M No change
HD Home Depot Inc. 0.46% 6,002 $2.3M No change
KO The Coca-Cola Co. 0.45% 36,225 $2.3M No change
HHH Howard Hughes Holdings Inc. 0.44% 29,012 $2.2M No change
GOOG Alphabet Inc. Class C 0.41% 10,960 $2.1M No change
GS Goldman Sachs Group Inc. 0.41% 3,640 $2.1M No change
LHX L3HARRIS Technologies Inc. 0.41% 9,749 $2.1M No change
NVS Novartis AG-Sponsored ADR 0.34% 17,900 $1.7M No change
NVDA Nvidia Corp. 0.32% 11,900 $1.6M No change
UNH Unitedhealth Group Inc. 0.30% 3,015 $1.5M No change
BMY Bristol-Myers Squibb Co. 0.30% 26,938 $1.5M No change
GOOGL Alphabet Inc. Class A 0.29% 7,820 $1.5M No change
IVV iShares Core S&P 500 ETF 0.24% 2,093 $1.2M Reduce -0.5%
SPY SS SPDR S&P 500 ETF Trust-US 0.24% 2,089 $1.2M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.22% 24,880 $1.1M No change
SYK Stryker Corp. 0.21% 3,000 $1.1M No change
MS Morgan Stanley 0.19% 7,483 $941K No change
LOW Lowe's Cos Inc. 0.19% 3,800 $938K No change
URI United Rentals Inc. 0.19% 1,330 $937K No change
CVX Chevron Corp. 0.18% 6,190 $897K No change
BABA Alibaba Group Holding-SP ADR 0.17% 10,100 $856K No change
PCT Purecycle Technologies Inc. 0.17% 82,625 $847K No change
KVUE Kenvue Inc. 0.17% 39,219 $837K No change
JEPI JPMorgan Equity Premium Inco 0.16% 14,420 $830K No change
GE General Electric filed as GE AEROSPACE 0.14% 4,239 $707K No change
KMI Kinder Morgan Inc. 0.11% 19,716 $540K Reduce -13.2%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.10% 2,350 $517K No change
V Visa Inc. Class A 0.09% 1,380 $436K No change
ETN Eaton Corp. PLC 0.08% 1,215 $403K No change
PFE Pfizer Inc. 0.07% 13,290 $353K No change
GEV GE Vernova Inc. 0.07% 1,027 $338K No change
CSCO Cisco Systems Inc. 0.06% 5,500 $326K No change
CRWD CrowdStrike Holdings Inc. Class A 0.06% 950 $325K No change
APD Air Products & Chemicals Inc. 0.06% 996 $289K No change
IJK iShares S&P Mid-Cap 400 Grow 0.05% 2,800 $255K No change
MRK Merck & Co. Inc. 0.05% 2,500 $249K No change
INDA iShares MSCI India ETF 0.05% 4,500 $237K No change
BLK BlackRock Inc. 0.05% 225 $231K No change
SEG Seaport Entertainment Group 0.04% 7,680 $215K New
METV Roundhill Ball Metaverse ETF 0.03% 10,000 $144K No change

Portfolio Sells Q3 2024 → Q4 2024
MSFT Microsoft Corp. Reduce -0.2% 4.55% −0.21
PG The Procter & Gamble Co. Reduce -0.7% 1.80% −0.12
PEP Pepsico Inc. Reduce -2.5% 0.59% −0.10
UPS United Parcel Service Class B Reduce -0.6% 0.62% −0.07
MDLZ Mondelez International Inc. Class A Sold out 0.00% −0.05
ESI Element Solutions Inc. Sold out 0.00% −0.05
BAX Baxter International Inc. Sold out 0.00% −0.04
SLB SLB Ltd. Sold out 0.00% −0.04
IVV iShares Core S&P 500 ETF Reduce -0.5% 0.24% −0.00
KMI Kinder Morgan Inc. Reduce -13.2% 0.11% +0.01
BA The Boeing Co. Reduce -0.2% 1.07% +0.13
AAPL Apple Inc. Reduce -1.4% 58.18% +1.94

Portfolio Buys Q3 2024 → Q4 2024
SEG Seaport Entertainment Group New 0.04% +0.04

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