Independent Wealth Network Inc.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 15, 2025), Independent Wealth Network Inc. reported 281 stock positions worth $310.5 million. Its top holding was SS SPDR P S&P 500 Growth ETF (SPYG) at 4.1% of the portfolio, followed by Caterpillar (CAT, 4.1%) and Ste STR SPDR PT S&P 500 ETF (SPYM, 3.8%). Compared with Q2 2025, it opened 30 new positions, sold out of 6, added to 151 and reduced 91. The biggest buy was Caterpillar (CAT, shares +0%) and the biggest sale Pacer Aristotle Pacific Floa (FLRT, shares −10%).
- Most Recent 13F
- Q3 2026
- Location
- URBANDALE, IA
- CIK
- 0001891240
- Portfolio Value
- $310.5M (Q3 2025)
- SEC Filing
- 0001891240-25-000005 ↗ filed Oct 15, 2025
Holdings Value
Holdings 281 stocks · $310.5M
| SPYG SS SPDR P S&P 500 Growth ETF | 4.09% | 121,430 | $12.7M | Add +1.1% |
| CAT Caterpillar Inc. | 4.08% | 26,531 | $12.7M | Add +0.1% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 3.77% | 149,292 | $11.7M | Add +3.0% |
| JPST JPMorgan Ultra-Short Income | 3.21% | 196,277 | $10.0M | Add +18.9% |
| SPYV SS SPDR P S&P 500 Value ETF | 2.63% | 147,540 | $8.2M | Add +4.7% |
| ACWI iShares MSCI Acwi ETF | 1.87% | 42,109 | $5.8M | Add +3.1% |
| ILTB iShares Core 10+ Year Usd Bo | 1.85% | 113,650 | $5.7M | Add +6.4% |
| NVDA Nvidia Corp. | 1.64% | 27,343 | $5.1M | Add +2.6% |
| AAPL Apple Inc. | 1.61% | 19,581 | $5.0M | Add +0.8% |
| CVX Chevron Corp. | 1.60% | 31,930 | $5.0M | Add +2.3% |
| DFUS Dimensional US Eq MKT ETF | 1.58% | 67,710 | $4.9M | Reduce -2.5% |
| MSFT Microsoft Corp. | 1.53% | 9,176 | $4.8M | Reduce -2.8% |
| RDFI Rareview Dynamic Fixed Incom filed as COLLABORATIVE INVESTMNT SER | 1.48% | 189,136 | $4.6M | Add +25.9% |
| SPAB SS SPDR P Agg Bond ETF | 1.44% | 173,216 | $4.5M | Add +11.1% |
| SLV iShares Silver Trust | 1.42% | 104,236 | $4.4M | Add +1.0% |
| VOO Vanguard S&P 500 ETF | 1.30% | 6,607 | $4.0M | Add +13.4% |
| FLRT Pacer Aristotle Pacific Floa | 1.29% | 84,529 | $4.0M | Reduce -10.3% |
| SPYD SS SPDR P S&P 500 Hi Div ETF | 1.25% | 88,487 | $3.9M | Add +1.5% |
| QQQ Invesco QQQ Trust Series 1 | 1.13% | 5,858 | $3.5M | Reduce -0.9% |
| GLD SPDR Gold Shares | 1.13% | 9,890 | $3.5M | Add +3.6% |
| AMZN Amazon.com Inc. | 1.05% | 14,816 | $3.3M | Add +4.2% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.95% | 6,165 | $3.0M | Add +2.3% |
| USRT iShares Core US REIT ETF | 0.91% | 47,871 | $2.8M | Add +8.2% |
| VYM Vanguard High DVD Yield ETF | 0.86% | 18,997 | $2.7M | Add +3.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.84% | 5,200 | $2.6M | Add +7.2% |
| PLTR Palantir Technologies Inc. Class A | 0.83% | 14,046 | $2.6M | Reduce -37.8% |
| FJAN FT Vest U.S. Equity Buffer E | 0.81% | 49,833 | $2.5M | Reduce -0.2% |
| JEPI JPMorgan Equity Premium Inco | 0.78% | 42,555 | $2.4M | Add +5.4% |
| FLOT iShares Floating Rate Bond E | 0.77% | 46,515 | $2.4M | Add +23.0% |
| META Meta Platforms Inc. Class A | 0.76% | 3,233 | $2.4M | Add +1.4% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.76% | 25,710 | $2.4M | Add +8.3% |
| STIP iShares 0-5 Year Tips Bond E | 0.75% | 22,547 | $2.3M | Add +1.5% |
| FPE FT-Preferred Secur & Inc. ETF | 0.74% | 125,185 | $2.3M | Add +7.2% |
| PSFF Pacer Swan Sos Fund of Funds | 0.73% | 72,203 | $2.3M | Reduce -7.9% |
| BUFR FT Vest Lad Buffervetf-Usd I | 0.69% | 63,685 | $2.1M | Add +11.7% |
| YYY Amplify Cef High Income ETF | 0.68% | 179,957 | $2.1M | Add +9.8% |
| LQTI FT Vest Invst GRD TRGT I ETF | 0.67% | 102,374 | $2.1M | Add +14.7% |
| V Visa Inc. Class A | 0.62% | 5,643 | $1.9M | Add +1.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.61% | 2,840 | $1.9M | Add +0.4% |
| XLK SS Technology Select Sector | 0.60% | 6,642 | $1.9M | Reduce -9.1% |
| QYLD Global X Nasd 100 Cov Call | 0.59% | 107,603 | $1.8M | Add +4.2% |
| JPUS JPMorgan Div Ret US Eq ETF | 0.58% | 14,495 | $1.8M | Add +14.6% |
| SGOV iShares 0-3 Month Treasury B | 0.55% | 16,837 | $1.7M | Add +34.0% |
| XAWFX Alliancebernstein GL Hi Inc. | 0.53% | 147,632 | $1.7M | Add +9.8% |
| TSLA Tesla Inc. | 0.52% | 3,662 | $1.6M | Reduce -5.6% |
| ZDEK Inno Equ Def Pro ETF - 1 DE | 0.52% | 63,987 | $1.6M | Reduce -1.3% |
| BND Vanguard Total Bond Market | 0.52% | 21,606 | $1.6M | Add +5.5% |
| BKLN Invesco Senior Loan ETF | 0.49% | 73,430 | $1.5M | Add +18.0% |
| AGGY Wisdomtree Yield Enhanced US | 0.49% | 34,164 | $1.5M | Add +10.3% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.49% | 2 | $1.5M | No change |
| CGUS Cap Group Core Equity filed as CAPITAL GROUP CORE EQUITY ET | 0.46% | 36,281 | $1.4M | Add +7.6% |
| ITA iShares U.S. Aerospace & Def | 0.44% | 6,548 | $1.4M | Reduce -11.5% |
| QQQM Invesco Nasdaq 100 ETF | 0.44% | 5,493 | $1.4M | Add +97.6% |
| DLN Wisdomtree US Largecap Divid | 0.44% | 15,589 | $1.4M | Add +118.3% |
| GOOG Alphabet Inc. Class C | 0.43% | 5,473 | $1.3M | Add +9.8% |
| IAU iShares Gold Trust | 0.43% | 18,248 | $1.3M | Add +14.1% |
| XMMO Invesco S&P Midcap Momentum | 0.43% | 9,817 | $1.3M | Add +13.6% |
| SECT Main Sector Rotation ETF | 0.42% | 20,877 | $1.3M | Add +2.8% |
| PGX Invesco Preferred ETF | 0.42% | 112,879 | $1.3M | Add +9.3% |
| KYN Kayne Anderson Energy Infra | 0.42% | 104,917 | $1.3M | Add +1.5% |
| SHY iShares 1-3 Year Treasury Bo | 0.42% | 15,612 | $1.3M | Add +11.9% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.41% | 4,270 | $1.3M | Add +3.8% |
| MSI Motorola Solutions Inc. | 0.39% | 2,673 | $1.2M | Reduce -1.5% |
| XLE SS Energy Select Sector | 0.39% | 13,617 | $1.2M | Add +1.2% |
| MO Altria Group Inc. | 0.39% | 18,222 | $1.2M | Reduce -1.5% |
| SOXX iShares Semiconductor ETF | 0.39% | 4,415 | $1.2M | Add +5.8% |
| DVY iShares Select Dividend ETF | 0.38% | 8,302 | $1.2M | Reduce -0.6% |
| LGLV SPDR US LC Low Vol Idx | 0.37% | 6,442 | $1.1M | Add +7.9% |
| VCIT Vanguard Int-Term Corporate | 0.37% | 13,500 | $1.1M | Add +8.9% |
| VNQ Vanguard Real Estate ETF | 0.35% | 12,052 | $1.1M | Add +3.8% |
| BA The Boeing Co. | 0.35% | 5,078 | $1.1M | Reduce -0.9% |
| VIG Vanguard Dividend Apprec ETF | 0.34% | 4,959 | $1.1M | Add +0.3% |
| HACK Amplify Cybersecurity ETF | 0.34% | 12,098 | $1.1M | Reduce -1.1% |
| IVV iShares Core S&P 500 ETF | 0.33% | 1,552 | $1.0M | Reduce -0.6% |
| ARCC Ares Capital Corp. | 0.33% | 50,568 | $1.0M | Add +1.6% |
| EFA iShares MSCI Eafe ETF | 0.33% | 10,994 | $1.0M | Add +1.0% |
| ET Energy Transfer LP | 0.33% | 58,886 | $1.0M | Add +2.0% |
| JSML Janus Hender SM Cap GRW Alph | 0.32% | 13,478 | $1.0M | Add +22.0% |
| XOM Exxon Mobil Corp. | 0.32% | 8,815 | $994K | Add +0.6% |
| KR Kroger Co. | 0.32% | 14,734 | $993K | Reduce -23.7% |
| CGBL Cap Group Core Balanced filed as CAPITAL GROUP CORE BALANCED | 0.32% | 28,598 | $993K | Add +14.4% |
| COST Costco Wholesale Corp. | 0.31% | 1,044 | $967K | Reduce -0.2% |
| GOOGL Alphabet Inc. Class A | 0.31% | 3,973 | $966K | Add +43.1% |
| VTIP Vanguard Short-Term Tips | 0.31% | 18,999 | $962K | Add +0.7% |
| LAC Lithium Americas Corp. | 0.30% | 165,785 | $947K | Reduce -30.7% |
| WINN Harbor Long-Term Growers ETF | 0.30% | 29,903 | $932K | Add +28.4% |
| JCPB JPMorgan Core Plus Bond ETF | 0.30% | 19,527 | $928K | Add +26.8% |
| GCOW Pacer Global Cash Cows Divid | 0.29% | 22,923 | $908K | New |
| HON Honeywell International Inc. | 0.28% | 4,189 | $882K | Reduce -0.5% |
| MINT PIMCO Enhanced Short Maturit | 0.28% | 8,587 | $865K | Reduce -9.6% |
| CASY Casey's General Stores Inc. | 0.28% | 1,527 | $863K | Reduce -0.1% |
| FYC First Trust Small Cap Growth | 0.27% | 9,275 | $841K | Add +13.6% |
| SCHG Schwab US Large-Cap Growth | 0.27% | 25,966 | $829K | Reduce -5.2% |
| SPEM State Street SP PTF Em ETF | 0.27% | 17,694 | $828K | Add +9.0% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.26% | 2,787 | $819K | Reduce -0.7% |
| FEX First Trust Large Cap Core A | 0.26% | 6,892 | $805K | Add +20.1% |
| AVGO Broadcom Inc. | 0.26% | 2,411 | $795K | Add +6.5% |
| USHY iShares Broad Usd High Yield | 0.25% | 20,796 | $786K | Add +24.2% |
| AAXJ iShares MSCI All Country Asi | 0.25% | 8,584 | $783K | Add +0.2% |
| EWA iShares MSCI Australia ETF | 0.25% | 28,904 | $780K | Add +1.6% |
Options reported separately and not counted above: INTC calls ($11K).
Other holdings (1): bonds, preferreds, convertibles and warrants · $650K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 527 | $650K | Add +1.5% |
Total filed on the 13F, all lines: $311.1M.
Portfolio Sells Q2 2025 → Q3 2025
| FLRT Pacer Aristotle Pacific Floa | Reduce -10.3% | 1.29% | −0.34 |
| PLTR Palantir Technologies Inc. Class A | Reduce -37.8% | 0.83% | −0.30 |
| HD Home Depot Inc. | Reduce -51.3% | 0.18% | −0.20 |
| KR Kroger Co. | Reduce -23.7% | 0.32% | −0.19 |
| MSFT Microsoft Corp. | Reduce -2.8% | 1.53% | −0.18 |
| IBB iShares Biotechnology ETF | Sold out | 0.00% | −0.16 |
| PSFF Pacer Swan Sos Fund of Funds | Reduce -7.9% | 0.73% | −0.14 |
| DFUS Dimensional US Eq MKT ETF | Reduce -2.5% | 1.58% | −0.12 |
| SOFI Sofi Technologies Inc. | Sold out | 0.00% | −0.10 |
| FSK FS KKR Capital Corp. | Reduce -26.8% | 0.09% | −0.10 |
| SDVD FT Vest Smid Rising Dividend | Sold out | 0.00% | −0.09 |
| INTU Intuit Inc. | Sold out | 0.00% | −0.08 |
| FRTY Alger Mid Cap 40 ETF | Reduce -31.6% | 0.19% | −0.08 |
| XCCC Bondbloxx-CCC-Usd HY Corp. BD | Reduce -27.4% | 0.15% | −0.08 |
| IMCG iShares Morningstar Mid-Cap | Sold out | 0.00% | −0.08 |
| PCMM BBLX Private Credit Clo ETF | Reduce -25.3% | 0.15% | −0.07 |
| HON Honeywell International Inc. | Reduce -0.5% | 0.28% | −0.07 |
| FTSM First Trust Enh Short Mat FD | Reduce -31.7% | 0.11% | −0.07 |
| XLK SS Technology Select Sector | Reduce -9.1% | 0.60% | −0.07 |
| MINT PIMCO Enhanced Short Maturit | Reduce -9.6% | 0.28% | −0.07 |
| ITA iShares U.S. Aerospace & Def | Reduce -11.5% | 0.44% | −0.07 |
| COST Costco Wholesale Corp. | Reduce -0.2% | 0.31% | −0.07 |
| FJAN FT Vest U.S. Equity Buffer E | Reduce -0.2% | 0.81% | −0.06 |
| ZDEK Inno Equ Def Pro ETF - 1 DE | Reduce -1.3% | 0.52% | −0.06 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -0.9% | 1.13% | −0.06 |
| NFLX Netflix Inc. | Reduce -1.5% | 0.20% | −0.06 |
| RBLX Roblox Corp. Class A | Reduce -44.9% | 0.10% | −0.05 |
| USFR Wisdomtree Floating Rate Tre | Reduce -17.1% | 0.14% | −0.05 |
| HACK Amplify Cybersecurity ETF | Reduce -1.1% | 0.34% | −0.05 |
| WBA Walgreens Boots Alliance Inc. | Sold out | 0.00% | −0.05 |
| TOST Toast Inc. Class A | Reduce -14.0% | 0.07% | −0.04 |
| BA The Boeing Co. | Reduce -0.9% | 0.35% | −0.04 |
| PTLC Pacer Trendpilot US Large Ca | Reduce -27.7% | 0.08% | −0.03 |
| DE Deere & Co. | Reduce -3.4% | 0.11% | −0.03 |
| KSS Kohls Corp. | Reduce -46.4% | 0.18% | −0.03 |
| FSCO FS Credit Opportunities Corp. | Reduce -3.9% | 0.12% | −0.03 |
| PG The Procter & Gamble Co. | Reduce -1.5% | 0.14% | −0.03 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Reduce -0.7% | 0.26% | −0.03 |
| SHW The Sherwin-Williams Co. | Reduce -2.4% | 0.18% | −0.03 |
| JMHI JPMorgan High Yield Municpl | Reduce -11.1% | 0.10% | −0.03 |
| PM Philip Morris International | Reduce -0.2% | 0.09% | −0.03 |
| SCHG Schwab US Large-Cap Growth | Reduce -5.2% | 0.27% | −0.02 |
| DVY iShares Select Dividend ETF | Reduce -0.6% | 0.38% | −0.02 |
| CSCO Cisco Systems Inc. | Reduce -0.8% | 0.15% | −0.02 |
| TXN Texas Instruments Inc. | Reduce -4.0% | 0.07% | −0.02 |
| MSI Motorola Solutions Inc. | Reduce -1.5% | 0.39% | −0.02 |
| CTAS Cintas Corp. | Reduce -7.7% | 0.07% | −0.02 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -3.3% | 0.20% | −0.02 |
| CTVA Corteva Inc. | Reduce -0.2% | 0.09% | −0.02 |
| VZ Verizon Communications Inc. | Reduce -1.0% | 0.17% | −0.02 |
Portfolio Buys Q2 2025 → Q3 2025
| CAT Caterpillar Inc. | Add +0.1% | 4.08% | +0.33 |
| GCOW Pacer Global Cash Cows Divid | New | 0.29% | +0.29 |
| DLN Wisdomtree US Largecap Divid | Add +118.3% | 0.44% | +0.22 |
| PKG Packaging Corp. of America | New | 0.22% | +0.22 |
| QQQM Invesco Nasdaq 100 ETF | Add +97.6% | 0.44% | +0.21 |
| CRM Salesforce Inc. | New | 0.19% | +0.19 |
| SLV iShares Silver Trust | Add +1.0% | 1.42% | +0.19 |
| RDFI Rareview Dynamic Fixed Incom | Add +25.9% | 1.48% | +0.17 |
| FLTR Vaneck Ig Floating Rate ETF | New | 0.16% | +0.16 |
| TLT iShares 20+ Year Treasury BD | New | 0.16% | +0.16 |
| JPST JPMorgan Ultra-Short Income | Add +18.9% | 3.21% | +0.16 |
| AAPL Apple Inc. | Add +0.8% | 1.61% | +0.15 |
| XEMD Bondbloxx-JPM Usd Em MK 1-10 | New | 0.14% | +0.14 |
| BUXX Strive Enhanced Income Short | New | 0.14% | +0.14 |
| GOOGL Alphabet Inc. Class A | Add +43.1% | 0.31% | +0.13 |
| NVDA Nvidia Corp. | Add +2.6% | 1.64% | +0.11 |
| GOOG Alphabet Inc. Class C | Add +9.8% | 0.43% | +0.11 |
| PANW Palo Alto Networks Inc. | New | 0.10% | +0.10 |
| CTRA Coterra Energy Inc. | New | 0.10% | +0.10 |
| VOO Vanguard S&P 500 ETF | Add +13.4% | 1.30% | +0.10 |
| SGOL Abrdn Physical Gold Shares | New | 0.09% | +0.09 |
| SGOV iShares 0-3 Month Treasury B | Add +34.0% | 0.55% | +0.08 |
| MU Micron Technology Inc. | New | 0.08% | +0.08 |
| ADBE Adobe Inc. | New | 0.08% | +0.08 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | New | 0.07% | +0.07 |
| VAW Vanguard Materials ETF | New | 0.07% | +0.07 |
| SNA Snap-on Inc. | New | 0.07% | +0.07 |
| GLD SPDR Gold Shares | Add +3.6% | 1.13% | +0.07 |
| JEPQ JPM Nasdaq Equity Premium | Add +93.4% | 0.16% | +0.07 |
| FDVV Fidelity High Dividend ETF | Add +56.7% | 0.21% | +0.07 |
| MEAR Ishrs Short Mat Muni Act ETF | New | 0.07% | +0.07 |
| SMH Vaneck Semiconductor ETF | New | 0.07% | +0.07 |
| TDIV FT Nasdaq Tech DVD Index FD | New | 0.07% | +0.07 |
| ROM Proshares Ultra Technology | New | 0.07% | +0.07 |
| GD General Dynamics Corp. | New | 0.07% | +0.07 |
| SPHY SS SPDR P High Yield ETF | New | 0.07% | +0.07 |
| SPHD Invesco S&P 500 High Dividen | New | 0.07% | +0.07 |
| BWXT BWX Technologies Inc. | New | 0.07% | +0.07 |
| SPDW Ste STR SPDR PT DW Eu ETF | New | 0.07% | +0.07 |
| IBM Intl Business Machines Corp. | New | 0.07% | +0.07 |
| ITW Illinois Tool Works | New | 0.07% | +0.07 |
| WTBA West Bancorporation | New | 0.07% | +0.07 |
| IAU iShares Gold Trust | Add +14.1% | 0.43% | +0.06 |
| FLOT iShares Floating Rate Bond E | Add +23.0% | 0.77% | +0.06 |
| JSML Janus Hender SM Cap GRW Alph | Add +22.0% | 0.32% | +0.05 |
| WINN Harbor Long-Term Growers ETF | Add +28.4% | 0.30% | +0.05 |
| YMAX Yieldmax Universe Fo in Etfs | New | 0.05% | +0.05 |
| TIDAL TRUST II | New | 0.05% | +0.05 |
| JCPB JPMorgan Core Plus Bond ETF | Add +26.8% | 0.30% | +0.03 |
| FYC First Trust Small Cap Growth | Add +13.6% | 0.27% | +0.03 |
Options Activity Q2 2025 → Q3 2025
| INTC Intel Corp. | call | New | 10,000 | $11K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2025 → Q3 2025
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Add +1.5% | 527 | $650K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q3 2026 | 332 | $396.6M | CAT, SPYM, JPST, SPYG, QQQ |
| 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 |