Independent Wealth Network Inc.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 20, 2024), Independent Wealth Network Inc. reported 221 stock positions worth $212.8 million. Its top holding was Caterpillar (CAT) at 4.6% of the portfolio, followed by SS SPDR P S&P 500 Growth ETF (SPYG, 4.1%) and Ste STR SPDR PT S&P 500 ETF (SPYM, 3.7%). Compared with Q4 2023, it opened 24 new positions, sold out of 18, added to 113 and reduced 79. The biggest buy was a new position in Neos Enhanced Income 1-3 Mon (CSHI) and the biggest sale Apple (AAPL, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- URBANDALE, IA
- CIK
- 0001891240
- Portfolio Value
- $212.8M (Q1 2024)
- SEC Filing
- 0001891240-24-000003 ↗ filed May 20, 2024
Holdings Value
Holdings 221 stocks · $212.8M
| CAT Caterpillar Inc. | 4.59% | 26,658 | $9.8M | Add +0.6% |
| SPYG SS SPDR P S&P 500 Growth ETF | 4.09% | 119,049 | $8.7M | Reduce -0.7% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 3.70% | 128,063 | $7.9M | Reduce -0.9% |
| SPYV SS SPDR P S&P 500 Value ETF | 3.06% | 130,159 | $6.5M | Reduce -1.8% |
| JPST JPMorgan Ultra-Short Income | 2.84% | 119,968 | $6.1M | Reduce -2.7% |
| MSFT Microsoft Corp. | 2.11% | 10,685 | $4.5M | Add +11.6% |
| ACWI iShares MSCI Acwi ETF | 2.10% | 40,521 | $4.5M | Reduce -0.9% |
| COWZ Pacer US Cash Cows 100 ETF | 2.06% | 75,326 | $4.4M | Add +0.6% |
| CVX Chevron Corp. | 2.05% | 27,639 | $4.4M | Add +5.9% |
| JEPI JPMorgan Equity Premium Inco | 1.98% | 72,865 | $4.2M | Reduce -0.7% |
| SPAB SS SPDR P Agg Bond ETF | 1.84% | 154,892 | $3.9M | Add +1.8% |
| AAPL Apple Inc. | 1.67% | 20,664 | $3.5M | Reduce -1.4% |
| ILTB iShares Core 10+ Year Usd Bo | 1.58% | 65,603 | $3.4M | Add +2.1% |
| SPYD SS SPDR P S&P 500 Hi Div ETF | 1.57% | 81,936 | $3.3M | Add +3.5% |
| XLE SS Energy Select Sector | 1.34% | 30,167 | $2.8M | Add +0.2% |
| DFUS Dimensional US Eq MKT ETF | 1.27% | 47,518 | $2.7M | Add +13.5% |
| VOO Vanguard S&P 500 ETF | 1.21% | 5,354 | $2.6M | Add +1.9% |
| CSHI Neos Enhanced Income 1-3 Mon | 1.07% | 45,536 | $2.3M | New |
| USRT iShares Core US REIT ETF | 1.06% | 41,916 | $2.3M | Reduce -1.9% |
| AMZN Amazon.com Inc. | 1.04% | 12,212 | $2.2M | Add +5.6% |
| SHY iShares 1-3 Year Treasury Bo | 0.99% | 25,817 | $2.1M | Add +2.5% |
| VYM Vanguard High DVD Yield ETF | 0.99% | 17,417 | $2.1M | Add +13.9% |
| FJAN FT Vest U.S. Equity Buffer E | 0.97% | 49,390 | $2.1M | New |
| QQQ Invesco QQQ Trust Series 1 | 0.96% | 4,617 | $2.1M | Reduce -2.4% |
| SLV iShares Silver Trust | 0.94% | 87,850 | $2.0M | Add +4.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.94% | 4,732 | $2.0M | Add +3.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.92% | 3,733 | $2.0M | Reduce -5.4% |
| GLD SPDR Gold Shares | 0.91% | 9,374 | $1.9M | Add +4.0% |
| NVDA Nvidia Corp. | 0.86% | 2,026 | $1.8M | Add +8.9% |
| FPE FT-Preferred Secur & Inc. ETF | 0.85% | 104,455 | $1.8M | Reduce -1.2% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.83% | 19,297 | $1.8M | Add +17.6% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.82% | 5,047 | $1.7M | Add +9.4% |
| JBI Janus International Group Inc. | 0.72% | 100,594 | $1.5M | New |
| YYY Amplify Cef High Income ETF | 0.71% | 125,439 | $1.5M | Add +0.9% |
| META Meta Platforms Inc. Class A | 0.70% | 3,055 | $1.5M | Reduce -0.0% |
| V Visa Inc. Class A | 0.69% | 5,267 | $1.5M | Add +4.0% |
| STIP iShares 0-5 Year Tips Bond E | 0.67% | 14,436 | $1.4M | Add +6.0% |
| XLK SS Technology Select Sector | 0.67% | 6,855 | $1.4M | Add +3.8% |
| PSFF Pacer Swan Sos Fund of Funds | 0.65% | 51,095 | $1.4M | Reduce -0.2% |
| HTAB Hartford Schroders Tax Aware | 0.64% | 70,011 | $1.4M | Add +2.0% |
| BND Vanguard Total Bond Market | 0.64% | 18,871 | $1.4M | Add +1.9% |
| FTSM First Trust Enh Short Mat FD | 0.57% | 20,451 | $1.2M | Reduce -34.8% |
| XAWFX Alliancebernstein GL Hi Inc. | 0.55% | 110,155 | $1.2M | Add +0.3% |
| AGGY Wisdomtree Yield Enhanced US | 0.54% | 26,412 | $1.1M | Add +0.9% |
| JPUS JPMorgan Div Ret US Eq ETF | 0.53% | 10,154 | $1.1M | Add +0.6% |
| LGLV SPDR US LC Low Vol Idx | 0.53% | 7,210 | $1.1M | Reduce -0.3% |
| HD Home Depot Inc. | 0.51% | 2,830 | $1.1M | Reduce -1.1% |
| FLOT iShares Floating Rate Bond E | 0.51% | 21,109 | $1.1M | Reduce -8.2% |
| TFI SS SPDR N Ice Muni Bond ETF | 0.51% | 23,187 | $1.1M | Add +0.5% |
| KR Kroger Co. | 0.49% | 18,306 | $1.0M | Add +2.7% |
| XEFRX Eaton Vance Sr FLTG Rate TR | 0.47% | 76,214 | $993K | Add +6.8% |
| MINT PIMCO Enhanced Short Maturit | 0.47% | 9,870 | $992K | Reduce -8.0% |
| SECT Main Sector Rotation ETF | 0.45% | 18,891 | $952K | Add +4.3% |
| BKLN Invesco Senior Loan ETF | 0.45% | 44,826 | $948K | Add +1.8% |
| DVY iShares Select Dividend ETF | 0.44% | 7,663 | $944K | Reduce -0.6% |
| COST Costco Wholesale Corp. | 0.44% | 1,281 | $939K | Add +13.5% |
| VIG Vanguard Dividend Apprec ETF | 0.44% | 5,133 | $937K | Add +9.0% |
| PGX Invesco Preferred ETF | 0.43% | 76,991 | $915K | Add +0.1% |
| ARCC Ares Capital Corp. | 0.43% | 43,680 | $909K | Add +4.9% |
| KYN Kayne Anderson Energy Infra | 0.42% | 89,062 | $892K | Add +4.3% |
| RDFI Rareview Dynamic Fixed Incom filed as COLLABORATIVE INVESTMNT SER | 0.42% | 38,090 | $888K | Add +0.4% |
| VNQ Vanguard Real Estate ETF | 0.41% | 10,196 | $882K | Reduce -0.1% |
| XOM Exxon Mobil Corp. | 0.41% | 7,554 | $878K | Reduce -2.6% |
| IVV iShares Core S&P 500 ETF | 0.40% | 1,633 | $858K | Add +2.7% |
| VTIP Vanguard Short-Term Tips | 0.40% | 17,743 | $850K | Add +8.3% |
| HSY The Hershey Co. | 0.39% | 4,314 | $839K | Reduce -2.7% |
| ITA iShares U.S. Aerospace & Def | 0.39% | 6,283 | $829K | Add +2.9% |
| BUFR FT Vest Lad Buffervetf-Usd I | 0.39% | 29,338 | $820K | New |
| MO Altria Group Inc. | 0.38% | 18,550 | $809K | Add +3.6% |
| PLTR Palantir Technologies Inc. Class A | 0.37% | 33,939 | $781K | Reduce -15.7% |
| VCIT Vanguard Int-Term Corporate | 0.36% | 9,648 | $777K | Add +1.8% |
| HON Honeywell International Inc. | 0.36% | 3,744 | $768K | New |
| EFA iShares MSCI Eafe ETF | 0.36% | 9,620 | $768K | Add +5.1% |
| JNJ Johnson & Johnson | 0.36% | 4,781 | $756K | Add +25.9% |
| KSS Kohls Corp. | 0.35% | 25,745 | $750K | Reduce -20.0% |
| MSI Motorola Solutions Inc. | 0.35% | 2,113 | $750K | Add +0.3% |
| GOVT iShares US Treasury Bond ETF | 0.34% | 32,136 | $732K | Reduce -0.5% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.34% | 2,801 | $730K | Add +3.1% |
| ET Energy Transfer LP | 0.34% | 45,643 | $718K | Add +5.1% |
| HACK Amplify Cybersecurity ETF | 0.34% | 11,196 | $718K | Add +6.4% |
| SOXX iShares Semiconductor ETF | 0.33% | 3,113 | $703K | Add +22.5% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.32% | 2,917 | $688K | Add +0.3% |
| TLT iShares 20+ Year Treasury BD | 0.32% | 7,220 | $683K | Add +47.2% |
| VEA Vanguard Ftse Developed ETF | 0.30% | 12,883 | $646K | Reduce -4.6% |
| PKW Invesco Buyback Achievers Et | 0.29% | 5,741 | $621K | Reduce -1.6% |
| AGG iShares Core U.S. Aggregate | 0.29% | 6,324 | $619K | Add +2.4% |
| USHY iShares Broad Usd High Yield | 0.29% | 16,621 | $608K | Add +1.3% |
| FTCS First Trust Capital Strength | 0.28% | 7,014 | $601K | Reduce -1.0% |
| IVE iShares S&P 500 Value ETF | 0.28% | 3,201 | $598K | Reduce -0.0% |
| SHW The Sherwin-Williams Co. | 0.28% | 1,717 | $596K | Reduce -4.1% |
| GOOG Alphabet Inc. Class C | 0.28% | 3,913 | $596K | Add +9.2% |
| EWA iShares MSCI Australia ETF | 0.28% | 23,973 | $591K | Add +6.3% |
| RPV Invesco S&P 500 Pure Value E | 0.28% | 6,683 | $591K | Reduce -0.3% |
| BA The Boeing Co. | 0.27% | 3,014 | $582K | Add +85.4% |
| NYF iShares New York Muni Bond E | 0.27% | 10,745 | $578K | Add +0.8% |
| DFAX Dimensional World Ex US Core | 0.27% | 22,701 | $578K | Reduce -1.3% |
| IJK iShares S&P Mid-Cap 400 Grow | 0.27% | 6,328 | $577K | Reduce -0.2% |
| PTY PIMCO Corporate & Income Opp | 0.27% | 38,556 | $573K | Add +19.1% |
| ICVT iShares Convertible Bond ETF | 0.27% | 7,121 | $568K | Reduce -0.7% |
| CME Cme Group Inc. | 0.26% | 2,615 | $563K | Add +1.8% |
Options reported separately and not counted above: AKBA calls ($3K).
Other holdings (1): bonds, preferreds, convertibles and warrants · $615K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 504 | $615K | No change |
Total filed on the 13F, all lines: $213.4M.
Portfolio Sells Q4 2023 → Q1 2024
| AAPL Apple Inc. | Reduce -1.4% | 1.67% | −0.47 |
| JPST JPMorgan Ultra-Short Income | Reduce -2.7% | 2.84% | −0.43 |
| FTSM First Trust Enh Short Mat FD | Reduce -34.8% | 0.57% | −0.42 |
| XMAR FT Vest US Equity Enhance & | Sold out | 0.00% | −0.39 |
| CSCO Cisco Systems Inc. | Reduce -52.5% | 0.21% | −0.29 |
| HDV iShares Core High Dividend E | Reduce -47.3% | 0.26% | −0.26 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -1.8% | 3.06% | −0.20 |
| AMT American Tower Corp. | Sold out | 0.00% | −0.17 |
| GAPR FT Vest US Equity Moderate B | Sold out | 0.00% | −0.17 |
| USRT iShares Core US REIT ETF | Reduce -1.9% | 1.06% | −0.16 |
| JEPI JPMorgan Equity Premium Inco | Reduce -0.7% | 1.98% | −0.15 |
| BALT Inn Defined Wealth Shield | Sold out | 0.00% | −0.14 |
| KSS Kohls Corp. | Reduce -20.0% | 0.35% | −0.13 |
| PFE Pfizer Inc. | Sold out | 0.00% | −0.12 |
| FTGC First Trust Global Tactical | Sold out | 0.00% | −0.12 |
| ADBE Adobe Inc. | Sold out | 0.00% | −0.12 |
| RBLX Roblox Corp. Class A | Sold out | 0.00% | −0.12 |
| ACN Accenture PLC Class A | Sold out | 0.00% | −0.12 |
| ITW Illinois Tool Works | Sold out | 0.00% | −0.12 |
| INTU Intuit Inc. | Sold out | 0.00% | −0.11 |
| FDL First Trust Morn DVD Lead Inc. | Sold out | 0.00% | −0.11 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -0.9% | 3.70% | −0.11 |
| WSO Watsco Inc. | Sold out | 0.00% | −0.11 |
| FLOT iShares Floating Rate Bond E | Reduce -8.2% | 0.51% | −0.11 |
| ACWI iShares MSCI Acwi ETF | Reduce -0.9% | 2.10% | −0.10 |
| SCHA Schwab US Small-Cap ETF | Reduce -44.7% | 0.11% | −0.10 |
| MINT PIMCO Enhanced Short Maturit | Reduce -8.0% | 0.47% | −0.10 |
| F Ford Motor Co. | Sold out | 0.00% | −0.09 |
| FPE FT-Preferred Secur & Inc. ETF | Reduce -1.2% | 0.85% | −0.09 |
| SCHX Schwab US Large-Cap ETF | Reduce -35.0% | 0.16% | −0.09 |
| FBRT Franklin BSP Realty Trust Inc. | Sold out | 0.00% | −0.09 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -5.4% | 0.92% | −0.07 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -32.2% | 0.11% | −0.06 |
| VNQ Vanguard Real Estate ETF | Reduce -0.1% | 0.41% | −0.06 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -2.4% | 0.96% | −0.06 |
| INTC Intel Corp. | Reduce -1.2% | 0.20% | −0.06 |
| PSFF Pacer Swan Sos Fund of Funds | Reduce -0.2% | 0.65% | −0.05 |
| GOVT iShares US Treasury Bond ETF | Reduce -0.5% | 0.34% | −0.05 |
| ARKK ARK Innovation ETF | Reduce -9.0% | 0.16% | −0.05 |
| HSY The Hershey Co. | Reduce -2.7% | 0.39% | −0.04 |
| VEA Vanguard Ftse Developed ETF | Reduce -4.6% | 0.30% | −0.04 |
| MCD McDonald's Corp. | Reduce -13.1% | 0.10% | −0.04 |
| DVY iShares Select Dividend ETF | Reduce -0.6% | 0.44% | −0.03 |
| UNH Unitedhealth Group Inc. | Reduce -10.3% | 0.09% | −0.03 |
| ICVT iShares Convertible Bond ETF | Reduce -0.7% | 0.27% | −0.03 |
| SCHO Schwab Short-Term US Treas | Reduce -1.6% | 0.20% | −0.03 |
| WEC WEC Energy Group Inc. | Reduce -12.2% | 0.10% | −0.03 |
| FTRI First Trust Indxx Global Nat | Reduce -6.4% | 0.17% | −0.03 |
| SPGI S&P Global Inc. | Reduce -9.8% | 0.10% | −0.03 |
| MDLZ Mondelez International Inc. Class A | Reduce -6.3% | 0.12% | −0.03 |
Portfolio Buys Q4 2023 → Q1 2024
| CSHI Neos Enhanced Income 1-3 Mon | New | 1.07% | +1.07 |
| FJAN FT Vest U.S. Equity Buffer E | New | 0.97% | +0.97 |
| JBI Janus International Group Inc. | New | 0.72% | +0.72 |
| CAT Caterpillar Inc. | Add +0.6% | 4.59% | +0.46 |
| BUFR FT Vest Lad Buffervetf-Usd I | New | 0.39% | +0.39 |
| NVDA Nvidia Corp. | Add +8.9% | 0.86% | +0.37 |
| HON Honeywell International Inc. | New | 0.36% | +0.36 |
| FLRT Pacer Aristotle Pacific Floa | New | 0.26% | +0.26 |
| BUFB Innovator Ladd Allo Buff ETF | New | 0.26% | +0.26 |
| MSFT Microsoft Corp. | Add +11.6% | 2.11% | +0.21 |
| SDVY First Trust Smid Cap Rising | New | 0.19% | +0.19 |
| CGUS Cap Group Core Equity | New | 0.17% | +0.17 |
| AVGO Broadcom Inc. | New | 0.14% | +0.14 |
| PG The Procter & Gamble Co. | New | 0.13% | +0.13 |
| DFUS Dimensional US Eq MKT ETF | Add +13.5% | 1.27% | +0.13 |
| FFEB FT Vest US Equity Buffer ETF | New | 0.12% | +0.12 |
| AIRR First Trust Rba American Ind | New | 0.12% | +0.12 |
| USFR Wisdomtree Floating Rate Tre | Add +113.2% | 0.25% | +0.12 |
| AMZN Amazon.com Inc. | Add +5.6% | 1.04% | +0.11 |
| GD General Dynamics Corp. | New | 0.10% | +0.10 |
| DIS The Walt Disney Co. | New | 0.10% | +0.10 |
| WFC Wells Fargo & Co. | New | 0.10% | +0.10 |
| GBTC Grayscale Bitcoin Trust ETF | New | 0.10% | +0.10 |
| DVN Devon Energy Corp. | New | 0.10% | +0.10 |
| TXN Texas Instruments Inc. | New | 0.10% | +0.10 |
| ADP Automatic Data Processing | New | 0.10% | +0.10 |
| WM Waste Management Inc. | New | 0.10% | +0.10 |
| FTHI Fthi/First Trust Exchange-TR | Add +91.9% | 0.21% | +0.09 |
| VYM Vanguard High DVD Yield ETF | Add +13.9% | 0.99% | +0.09 |
| WTBA West Bancorporation | New | 0.09% | +0.09 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +3.9% | 0.94% | +0.08 |
| SOXX iShares Semiconductor ETF | Add +22.5% | 0.33% | +0.07 |
| TLT iShares 20+ Year Treasury BD | Add +47.2% | 0.32% | +0.07 |
| KR Kroger Co. | Add +2.7% | 0.49% | +0.06 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +9.4% | 0.82% | +0.06 |
| AMD Advanced Micro Devices | Add +34.6% | 0.19% | +0.06 |
| BA The Boeing Co. | Add +85.4% | 0.27% | +0.05 |
| COST Costco Wholesale Corp. | Add +13.5% | 0.44% | +0.05 |
| VZ Verizon Communications Inc. | Add +22.7% | 0.26% | +0.05 |
| PTY PIMCO Corporate & Income Opp | Add +19.1% | 0.27% | +0.04 |
| KO The Coca-Cola Co. | Add +48.4% | 0.16% | +0.04 |
| JNJ Johnson & Johnson | Add +25.9% | 0.36% | +0.04 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +17.6% | 0.83% | +0.04 |
| GOOGL Alphabet Inc. Class A | Add +32.1% | 0.19% | +0.04 |
| IWM iShares Russell 2000 ETF | Add +39.3% | 0.16% | +0.04 |
| SCHG Schwab US Large-Cap Growth | Add +29.6% | 0.15% | +0.03 |
| LLY Eli Lilly & Co. | Add +4.0% | 0.17% | +0.03 |
| XMMO Invesco S&P Midcap Momentum | Add +11.3% | 0.14% | +0.03 |
| KYN Kayne Anderson Energy Infra | Add +4.3% | 0.42% | +0.02 |
| ET Energy Transfer LP | Add +5.1% | 0.34% | +0.02 |
Options Activity Q4 2023 → Q1 2024
| AKBA Akebia Therapeutics Inc. | call | New | 10,000 | $3K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2023 → Q1 2024
| AURORA CANNABIS INC (ACBCN 5.5 02/28/24) | NOTE 5.500% 2/2 · principal | Sold out | 50,000 | $50Kbefore exit |
| WESTERN DIGITAL CORP (WDC 1.5 02/01/24) | NOTE 1.500% 2/0 · principal | Sold out | 10,000 | $10Kbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 337 | $392.6M | CAT, SPYM, JPST, SPYG, QQQ |
| Q1 2026 | 295 | $336.0M | CAT, SPYM, JPST, SPYG, SLV |
| Q4 2025 | 286 | $326.7M | CAT, SPYG, SPYM, JPST, SPYV |
| Q3 2025 | 281 | $310.5M | SPYG, CAT, SPYM, JPST, SPYV |
| Q2 2025 | 257 | $274.2M | SPYG, SPYM, CAT, JPST, SPYV |
| Q1 2025 | 244 | $250.1M | SPYM, SPYG, JPST, CAT, SPYV |
| Q4 2024 | 235 | $245.9M | SPYG, SPYM, CAT, JPST, SPYV |
| Q3 2024 | 221 | $225.6M | CAT, SPYG, JPST, SPYM, SPYV |
| Q2 2024 | 213 | $214.3M | SPYG, CAT, SPYM, SPYV, JPST |
| Q1 2024Amended | 221 | $212.8M | CAT, SPYG, SPYM, SPYV, JPST |