Independent Wealth Network Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 16, 2025), Independent Wealth Network Inc. reported 257 stock positions worth $274.2 million. Its top holding was SS SPDR P S&P 500 Growth ETF (SPYG) at 4.2% of the portfolio, followed by Ste STR SPDR PT S&P 500 ETF (SPYM, 3.8%) and Caterpillar (CAT, 3.8%). Compared with Q1 2025, it opened 18 new positions, sold out of 5, added to 156 and reduced 78. The biggest buy was a new position in FT Vest Invst GRD TRGT I ETF (LQTI) and the biggest sale an exit from Pacer Met US LRG Cap DVD 400 (QDPL).
- Most Recent 13F
- Q2 2026
- Location
- URBANDALE, IA
- CIK
- 0001891240
- Portfolio Value
- $274.2M (Q2 2025)
- SEC Filing
- 0001891240-25-000004 ↗ filed Jul 16, 2025
Holdings Value
Holdings 257 stocks · $274.2M
| SPYG SS SPDR P S&P 500 Growth ETF | 4.17% | 120,044 | $11.4M | Add +2.1% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 3.84% | 144,872 | $10.5M | Add +0.7% |
| CAT Caterpillar Inc. | 3.75% | 26,503 | $10.3M | Reduce -0.2% |
| JPST JPMorgan Ultra-Short Income | 3.05% | 165,004 | $8.4M | Reduce -9.9% |
| SPYV SS SPDR P S&P 500 Value ETF | 2.69% | 140,868 | $7.4M | Add +3.4% |
| ILTB iShares Core 10+ Year Usd Bo | 1.93% | 106,852 | $5.3M | Add +3.5% |
| ACWI iShares MSCI Acwi ETF | 1.92% | 40,844 | $5.3M | Add +0.8% |
| MSFT Microsoft Corp. | 1.71% | 9,436 | $4.7M | Reduce -3.4% |
| DFUS Dimensional US Eq MKT ETF | 1.70% | 69,438 | $4.7M | Add +6.3% |
| FLRT Pacer Aristotle Pacific Floa | 1.63% | 94,193 | $4.5M | Reduce -10.4% |
| CVX Chevron Corp. | 1.63% | 31,221 | $4.5M | Add +4.5% |
| NVDA Nvidia Corp. | 1.53% | 26,645 | $4.2M | Add +8.0% |
| SPAB SS SPDR P Agg Bond ETF | 1.46% | 155,887 | $4.0M | Add +2.2% |
| AAPL Apple Inc. | 1.45% | 19,418 | $4.0M | Reduce -6.8% |
| SPYD SS SPDR P S&P 500 Hi Div ETF | 1.35% | 87,176 | $3.7M | Add +2.4% |
| RDFI Rareview Dynamic Fixed Incom filed as COLLABORATIVE INVESTMNT SER | 1.31% | 150,266 | $3.6M | Add +16.4% |
| SLV iShares Silver Trust | 1.23% | 103,160 | $3.4M | Add +9.8% |
| VOO Vanguard S&P 500 ETF | 1.21% | 5,825 | $3.3M | Reduce -4.0% |
| QQQ Invesco QQQ Trust Series 1 | 1.19% | 5,914 | $3.3M | Add +1.7% |
| AMZN Amazon.com Inc. | 1.14% | 14,217 | $3.1M | Add +10.5% |
| PLTR Palantir Technologies Inc. Class A | 1.12% | 22,583 | $3.1M | Add +3.3% |
| GLD SPDR Gold Shares | 1.06% | 9,546 | $2.9M | Reduce -9.2% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.96% | 6,027 | $2.6M | Add +8.1% |
| USRT iShares Core US REIT ETF | 0.91% | 44,226 | $2.5M | Add +1.9% |
| VYM Vanguard High DVD Yield ETF | 0.90% | 18,452 | $2.5M | Reduce -1.1% |
| PSFF Pacer Swan Sos Fund of Funds | 0.87% | 78,379 | $2.4M | Reduce -3.0% |
| FJAN FT Vest U.S. Equity Buffer E | 0.87% | 49,927 | $2.4M | Reduce -1.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.86% | 4,850 | $2.4M | Reduce -2.0% |
| META Meta Platforms Inc. Class A | 0.86% | 3,189 | $2.4M | Add +1.8% |
| JEPI JPMorgan Equity Premium Inco | 0.84% | 40,369 | $2.3M | Add +3.1% |
| STIP iShares 0-5 Year Tips Bond E | 0.83% | 22,211 | $2.3M | Add +3.1% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.79% | 23,744 | $2.2M | Add +1.0% |
| FPE FT-Preferred Secur & Inc. ETF | 0.76% | 116,743 | $2.1M | Add +1.9% |
| V Visa Inc. Class A | 0.72% | 5,555 | $2.0M | Add +4.0% |
| FLOT iShares Floating Rate Bond E | 0.70% | 37,824 | $1.9M | Reduce -2.1% |
| YYY Amplify Cef High Income ETF | 0.70% | 163,923 | $1.9M | Add +3.0% |
| XLK SS Technology Select Sector | 0.68% | 7,310 | $1.9M | Add +5.2% |
| LQTI FT Vest Invst GRD TRGT I ETF | 0.66% | 89,240 | $1.8M | New |
| BUFR FT Vest Lad Buffervetf-Usd I | 0.66% | 56,996 | $1.8M | Add +7.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.64% | 2,828 | $1.7M | Add +8.0% |
| QYLD Global X Nasd 100 Cov Call | 0.63% | 103,269 | $1.7M | Add +36.3% |
| ZDEK Inno Equ Def Pro ETF - 1 DE | 0.58% | 64,857 | $1.6M | Add +34.7% |
| BND Vanguard Total Bond Market | 0.55% | 20,482 | $1.5M | Add +8.8% |
| JPUS JPMorgan Div Ret US Eq ETF | 0.54% | 12,644 | $1.5M | Add +1.0% |
| XAWFX Alliancebernstein GL Hi Inc. | 0.54% | 134,458 | $1.5M | Add +0.4% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.53% | 2 | $1.5M | No change |
| ITA iShares U.S. Aerospace & Def | 0.51% | 7,399 | $1.4M | Add +2.9% |
| KR Kroger Co. | 0.51% | 19,312 | $1.4M | Add +0.9% |
| AGGY Wisdomtree Yield Enhanced US | 0.49% | 30,973 | $1.4M | Add +0.9% |
| KYN Kayne Anderson Energy Infra | 0.48% | 103,390 | $1.3M | Reduce -0.1% |
| BKLN Invesco Senior Loan ETF | 0.47% | 62,249 | $1.3M | Add +6.7% |
| SGOV iShares 0-3 Month Treasury B | 0.46% | 12,567 | $1.3M | Reduce -4.0% |
| CGUS Cap Group Core Equity filed as CAPITAL GROUP CORE EQUITY ET | 0.45% | 33,719 | $1.2M | Add +4.6% |
| TSLA Tesla Inc. | 0.45% | 3,880 | $1.2M | Add +15.3% |
| SECT Main Sector Rotation ETF | 0.43% | 20,313 | $1.2M | Reduce -2.1% |
| SHY iShares 1-3 Year Treasury Bo | 0.42% | 13,949 | $1.2M | Reduce -2.6% |
| PGX Invesco Preferred ETF | 0.42% | 103,248 | $1.1M | Add +2.1% |
| XLE SS Energy Select Sector | 0.42% | 13,459 | $1.1M | Add +5.2% |
| MSI Motorola Solutions Inc. | 0.42% | 2,713 | $1.1M | Reduce -0.6% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.42% | 4,113 | $1.1M | Add +7.2% |
| XMMO Invesco S&P Midcap Momentum | 0.41% | 8,644 | $1.1M | Add +6.8% |
| DVY iShares Select Dividend ETF | 0.40% | 8,353 | $1.1M | Add +0.8% |
| ARCC Ares Capital Corp. | 0.40% | 49,754 | $1.1M | Reduce -0.0% |
| MO Altria Group Inc. | 0.40% | 18,504 | $1.1M | Add +0.8% |
| BA The Boeing Co. | 0.39% | 5,124 | $1.1M | Add +5.4% |
| HACK Amplify Cybersecurity ETF | 0.39% | 12,231 | $1.1M | Reduce -0.8% |
| ET Energy Transfer LP | 0.38% | 57,703 | $1.0M | Add +26.0% |
| LGLV SPDR US LC Low Vol Idx | 0.38% | 5,970 | $1.0M | Reduce -2.6% |
| COST Costco Wholesale Corp. | 0.38% | 1,046 | $1.0M | Add +0.4% |
| VNQ Vanguard Real Estate ETF | 0.38% | 11,610 | $1.0M | Add +7.1% |
| HD Home Depot Inc. | 0.38% | 2,813 | $1.0M | Reduce -0.5% |
| VCIT Vanguard Int-Term Corporate | 0.37% | 12,396 | $1.0M | Reduce -1.8% |
| VIG Vanguard Dividend Apprec ETF | 0.37% | 4,946 | $1.0M | Add +0.8% |
| IAU iShares Gold Trust | 0.36% | 15,998 | $998K | Add +5.0% |
| SOXX iShares Semiconductor ETF | 0.36% | 4,174 | $996K | Add +9.0% |
| HON Honeywell International Inc. | 0.36% | 4,208 | $980K | Add +2.0% |
| EFA iShares MSCI Eafe ETF | 0.35% | 10,885 | $973K | Add +0.5% |
| IVV iShares Core S&P 500 ETF | 0.35% | 1,561 | $969K | Add +2.8% |
| MINT PIMCO Enhanced Short Maturit | 0.35% | 9,497 | $955K | Add +0.2% |
| VTIP Vanguard Short-Term Tips | 0.35% | 18,859 | $948K | Add +4.0% |
| XOM Exxon Mobil Corp. | 0.34% | 8,761 | $944K | Add +1.7% |
| GOOG Alphabet Inc. Class C | 0.32% | 4,984 | $884K | Add +10.8% |
| CGBL Cap Group Core Balanced filed as CAPITAL GROUP CORE BALANCED | 0.30% | 25,006 | $836K | Add +18.2% |
| SCHG Schwab US Large-Cap Growth | 0.29% | 27,389 | $800K | Add +1.9% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.29% | 2,806 | $798K | Add +0.4% |
| CASY Casey's General Stores Inc. | 0.28% | 1,528 | $780K | Reduce -2.4% |
| EWA iShares MSCI Australia ETF | 0.27% | 28,442 | $749K | Add +0.7% |
| JSML Janus Hender SM Cap GRW Alph | 0.27% | 11,050 | $745K | Add +6.4% |
| CME Cme Group Inc. | 0.27% | 2,680 | $739K | Reduce -0.3% |
| FRTY Alger Mid Cap 40 ETF | 0.27% | 38,260 | $735K | Add +11.5% |
| IDV iShares International Select | 0.27% | 21,062 | $727K | Add +2.8% |
| JCPB JPMorgan Core Plus Bond ETF | 0.26% | 15,395 | $724K | Add +2.1% |
| IDEV iShares Core MSCI Dev MKTS | 0.26% | 9,340 | $710K | Add +53.2% |
| AAXJ iShares MSCI All Country Asi | 0.26% | 8,570 | $708K | Add +0.4% |
| SDVY First Trust Smid Cap Rising | 0.26% | 19,850 | $700K | Reduce -2.8% |
| BUFB Innovator Ladd Allo Buff ETF | 0.26% | 20,660 | $700K | Reduce -0.7% |
| NFLX Netflix Inc. | 0.25% | 519 | $695K | Reduce -0.8% |
| SPEM State Street SP PTF Em ETF | 0.25% | 16,238 | $694K | Add +0.1% |
| WINN Harbor Long-Term Growers ETF | 0.25% | 23,292 | $678K | Add +20.3% |
| HSY The Hershey Co. | 0.24% | 4,050 | $672K | Add +0.2% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $610K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 519 | $610K | Add +1.6% |
Total filed on the 13F, all lines: $274.9M.
Portfolio Sells Q1 2025 → Q2 2025
| QDPL Pacer Met US LRG Cap DVD 400 | Sold out | 0.00% | −0.74 |
| JPST JPMorgan Ultra-Short Income | Reduce -9.9% | 3.05% | −0.66 |
| JMHI JPMorgan High Yield Municpl | Reduce -79.1% | 0.13% | −0.56 |
| AAPL Apple Inc. | Reduce -6.8% | 1.45% | −0.40 |
| FLRT Pacer Aristotle Pacific Floa | Reduce -10.4% | 1.63% | −0.34 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.0% | 0.86% | −0.19 |
| FTSM First Trust Enh Short Mat FD | Reduce -42.4% | 0.18% | −0.16 |
| GLD SPDR Gold Shares | Reduce -9.2% | 1.06% | −0.15 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.11 |
| FLOT iShares Floating Rate Bond E | Reduce -2.1% | 0.70% | −0.08 |
| WTBA West Bancorporation | Sold out | 0.00% | −0.08 |
| SNA Snap-on Inc. | Sold out | 0.00% | −0.08 |
| SPHD Invesco S&P 500 High Dividen | Sold out | 0.00% | −0.08 |
| PTLC Pacer Trendpilot US Large Ca | Reduce -30.4% | 0.11% | −0.07 |
| SGOV iShares 0-3 Month Treasury B | Reduce -4.0% | 0.46% | −0.07 |
| VYM Vanguard High DVD Yield ETF | Reduce -1.1% | 0.90% | −0.07 |
| MSI Motorola Solutions Inc. | Reduce -0.6% | 0.42% | −0.06 |
| JNJ Johnson & Johnson | Reduce -5.9% | 0.22% | −0.06 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -2.6% | 0.42% | −0.05 |
| PSFF Pacer Swan Sos Fund of Funds | Reduce -3.0% | 0.87% | −0.05 |
| KYN Kayne Anderson Energy Infra | Reduce -0.1% | 0.48% | −0.05 |
| LGLV SPDR US LC Low Vol Idx | Reduce -2.6% | 0.38% | −0.05 |
| KO The Coca-Cola Co. | Reduce -21.6% | 0.10% | −0.04 |
| ARCC Ares Capital Corp. | Reduce -0.0% | 0.40% | −0.04 |
| VOO Vanguard S&P 500 ETF | Reduce -4.0% | 1.21% | −0.04 |
| BABA Alibaba Group Holding-SP ADR | Reduce -9.2% | 0.10% | −0.04 |
| HD Home Depot Inc. | Reduce -0.5% | 0.38% | −0.04 |
| VCIT Vanguard Int-Term Corporate | Reduce -1.8% | 0.37% | −0.04 |
| FJAN FT Vest U.S. Equity Buffer E | Reduce -1.4% | 0.87% | −0.03 |
| AFL Aflac Inc. | Reduce -0.9% | 0.20% | −0.03 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -9.2% | 0.13% | −0.03 |
| IMCG iShares Morningstar Mid-Cap | Reduce -27.5% | 0.08% | −0.03 |
| SHW The Sherwin-Williams Co. | Reduce -0.7% | 0.21% | −0.03 |
| HDV iShares Core High Dividend E | Reduce -0.1% | 0.18% | −0.02 |
| FTHI Fthi/First Trust Exchange-TR | Reduce -7.0% | 0.19% | −0.02 |
| LLY Eli Lilly & Co. | Reduce -0.4% | 0.14% | −0.02 |
| IBB iShares Biotechnology ETF | Reduce -2.7% | 0.16% | −0.02 |
| USHY iShares Broad Usd High Yield | Reduce -1.4% | 0.23% | −0.02 |
| MMM 3M Co. | Reduce -14.9% | 0.08% | −0.02 |
| FSK FS KKR Capital Corp. | Reduce -0.0% | 0.19% | −0.02 |
| RTRE Rareview Total Return BD ETF | Reduce -0.3% | 0.20% | −0.02 |
| RPV Invesco S&P 500 Pure Value E | Reduce -0.7% | 0.22% | −0.02 |
| USFR Wisdomtree Floating Rate Tre | Reduce -0.3% | 0.19% | −0.02 |
| SDVY First Trust Smid Cap Rising | Reduce -2.8% | 0.26% | −0.02 |
| WBA Walgreens Boots Alliance Inc. | Reduce -21.5% | 0.05% | −0.02 |
| CME Cme Group Inc. | Reduce -0.3% | 0.27% | −0.02 |
| KSS Kohls Corp. | Reduce -1.1% | 0.21% | −0.01 |
| FSCO FS Credit Opportunities Corp. | Reduce -2.6% | 0.14% | −0.01 |
| PSX Phillips 66 | Reduce -3.1% | 0.08% | −0.01 |
| IVE iShares S&P 500 Value ETF | Reduce -0.1% | 0.19% | −0.01 |
Portfolio Buys Q1 2025 → Q2 2025
| LQTI FT Vest Invst GRD TRGT I ETF | New | 0.66% | +0.66 |
| NVDA Nvidia Corp. | Add +8.0% | 1.53% | +0.47 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +2.1% | 4.17% | +0.39 |
| PLTR Palantir Technologies Inc. Class A | Add +3.3% | 1.12% | +0.38 |
| QQQM Invesco Nasdaq 100 ETF | New | 0.23% | +0.23 |
| XCCC Bondbloxx-CCC-Usd HY Corp. BD | New | 0.22% | +0.22 |
| PCMM BBLX Private Credit Clo ETF | New | 0.22% | +0.22 |
| DLN Wisdomtree US Largecap Divid | New | 0.21% | +0.21 |
| AMZN Amazon.com Inc. | Add +10.5% | 1.14% | +0.16 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +8.1% | 0.96% | +0.14 |
| META Meta Platforms Inc. Class A | Add +1.8% | 0.86% | +0.14 |
| QYLD Global X Nasd 100 Cov Call | Add +36.3% | 0.63% | +0.13 |
| ZDEK Inno Equ Def Pro ETF - 1 DE | Add +34.7% | 0.58% | +0.12 |
| DFUS Dimensional US Eq MKT ETF | Add +6.3% | 1.70% | +0.12 |
| XLK SS Technology Select Sector | Add +5.2% | 0.68% | +0.10 |
| TSLA Tesla Inc. | Add +15.3% | 0.45% | +0.10 |
| QQQ Invesco QQQ Trust Series 1 | Add +1.7% | 1.19% | +0.10 |
| XYZ Block Inc. | New | 0.10% | +0.10 |
| APH Amphenol Corp. Class A | New | 0.10% | +0.10 |
| ORCL Oracle Corp. | New | 0.10% | +0.10 |
| ZJAN Innovator Edp ETF - 1Y Jan | New | 0.10% | +0.10 |
| IDEV iShares Core MSCI Dev MKTS | Add +53.2% | 0.26% | +0.09 |
| JEPQ JPM Nasdaq Equity Premium | New | 0.09% | +0.09 |
| TT Trane Technologies PLC | New | 0.09% | +0.09 |
| RDFI Rareview Dynamic Fixed Incom | Add +16.4% | 1.31% | +0.08 |
| INTU Intuit Inc. | New | 0.08% | +0.08 |
| BUFZ FT Vest Laddered Moderate Bu | New | 0.08% | +0.08 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | New | 0.08% | +0.08 |
| SOXX iShares Semiconductor ETF | Add +9.0% | 0.36% | +0.08 |
| FDL First Trust Morn DVD Lead Inc. | New | 0.08% | +0.08 |
| VT Vanguard Tot World STK ETF | New | 0.07% | +0.07 |
| APP AppLovin Corp. Class A | New | 0.07% | +0.07 |
| BITO Proshares Bitcoin ETF-Usd | Add +70.0% | 0.16% | +0.07 |
| SLV iShares Silver Trust | Add +9.8% | 1.23% | +0.07 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +57.3% | 0.22% | +0.07 |
| ITA iShares U.S. Aerospace & Def | Add +2.9% | 0.51% | +0.07 |
| RBLX Roblox Corp. Class A | Add +3.9% | 0.15% | +0.06 |
| BA The Boeing Co. | Add +5.4% | 0.39% | +0.06 |
| WINN Harbor Long-Term Growers ETF | Add +20.3% | 0.25% | +0.06 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +0.7% | 3.84% | +0.06 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +8.0% | 0.64% | +0.05 |
| FRTY Alger Mid Cap 40 ETF | Add +11.5% | 0.27% | +0.05 |
| F Ford Motor Co. | New | 0.05% | +0.05 |
| CGBL Cap Group Core Balanced | Add +18.2% | 0.30% | +0.04 |
| AMD Advanced Micro Devices | Add +12.9% | 0.14% | +0.04 |
| GOOG Alphabet Inc. Class C | Add +10.8% | 0.32% | +0.04 |
| ET Energy Transfer LP | Add +26.0% | 0.38% | +0.04 |
| IEMG iShares Core MSCI Emerging | Add +44.0% | 0.12% | +0.04 |
| GOOGL Alphabet Inc. Class A | Add +21.9% | 0.18% | +0.04 |
| XMMO Invesco S&P Midcap Momentum | Add +6.8% | 0.41% | +0.04 |
Notes & Other Activity Q1 2025 → Q2 2025
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Add +1.6% | 519 | $610K |
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 |