Indie Asset Partners, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 12, 2025), Indie Asset Partners, LLC reported 67 stock positions worth $55.0 million. Its top holding was Vanguard Ftse All-World Ex-U (VEU) at 9.7% of the portfolio, followed by Apple (AAPL, 7.8%) and Microsoft (MSFT, 7.3%). Compared with Q1 2025, it opened 10 new positions, sold out of 39, added to 7 and reduced 44. The biggest buy was a new position in Vanguard Ftse All-World Ex-U (VEU) and the biggest sale Eli Lilly (LLY, shares −98%).
- Most Recent 13F
- Q2 2026
- Location
- CARMEL, IN
- CIK
- 0001802244
- Portfolio Value
- $55.0M (Q2 2025)
- SEC Filing
- 0001802244-25-000008 ↗ filed Aug 12, 2025
Holdings Value
Holdings 67 stocks · $55.0M
| VEU Vanguard Ftse All-World Ex-U | 9.70% | 79,311 | $5.3M | New |
| AAPL Apple Inc. | 7.77% | 20,826 | $4.3M | Reduce -39.8% |
| MSFT Microsoft Corp. | 7.31% | 8,074 | $4.0M | Reduce -10.1% |
| NVDA Nvidia Corp. | 4.64% | 16,140 | $2.5M | Add +6.4% |
| VDE Vanguard Energy ETF | 3.81% | 17,582 | $2.1M | Reduce -9.0% |
| DFIS Dimensional International SM | 3.79% | 69,820 | $2.1M | New |
| SLYV SS SPDR S&P 600 SC Val ETF | 3.73% | 25,684 | $2.0M | Reduce -18.5% |
| SCHG Schwab US Large-Cap Growth | 3.39% | 63,824 | $1.9M | Reduce -10.4% |
| SCHD Schwab US DVD Equity ETF | 2.70% | 55,979 | $1.5M | Reduce -15.8% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 2.63% | 47,942 | $1.4M | Add +348.4% |
| IGPT Invesco AI and Next Gen Soft | 2.56% | 28,612 | $1.4M | Reduce -14.1% |
| SLYG SS SPDR S&P 600 SC GR ETF | 2.39% | 14,780 | $1.3M | Reduce -7.4% |
| AMZN Amazon.com Inc. | 2.14% | 5,359 | $1.2M | Reduce -29.8% |
| JPM JPMorgan Chase & Co. | 2.01% | 3,803 | $1.1M | Reduce -11.7% |
| LLY Eli Lilly & Co. | 1.81% | 1,273 | $992K | Reduce -97.8% |
| SCHB Schwab US Broad Market ETF | 1.72% | 39,773 | $948K | Reduce -4.7% |
| IYT iShares US Transportation Et | 1.68% | 13,472 | $923K | Reduce -6.8% |
| AMLP Alerian MLP ETF | 1.65% | 18,525 | $905K | Reduce -6.3% |
| GLD SPDR Gold Shares | 1.60% | 2,879 | $878K | No change |
| IVV iShares Core S&P 500 ETF | 1.49% | 1,323 | $821K | Add +3.8% |
| GDX Vaneck Gold Miners ETF | 1.41% | 14,844 | $773K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.38% | 1,230 | $760K | Reduce -20.5% |
| ITA iShares U.S. Aerospace & Def | 1.35% | 3,927 | $741K | New |
| IYH iShares U.S. Healthcare ETF | 1.29% | 12,529 | $708K | Reduce -25.4% |
| META Meta Platforms Inc. Class A | 1.28% | 957 | $706K | Reduce -78.5% |
| VOO Vanguard S&P 500 ETF | 1.22% | 1,178 | $669K | Add +17.9% |
| SPSM SS SPDR P S&P 600 Small Cap | 1.07% | 13,837 | $589K | Reduce -1.1% |
| AESI Atlas Energy Solutions Inc. | 1.05% | 43,230 | $578K | Reduce -43.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.01% | 1,142 | $555K | Reduce -3.4% |
| VTI VG Morningstar TS MKT ETF-US | 0.95% | 1,725 | $524K | Add +3.0% |
| FBND Fidelity Total Bond ETF | 0.91% | 10,910 | $499K | New |
| DNP DNP Select Income Fund Inc. | 0.80% | 45,000 | $441K | Reduce -6.3% |
| MPC Marathon Petroleum Corp. | 0.79% | 2,600 | $432K | Reduce -1.9% |
| TPL Texas Pacific Land Corp. | 0.75% | 390 | $412K | Reduce -17.9% |
| V Visa Inc. Class A | 0.74% | 1,152 | $409K | Reduce -7.2% |
| TSLA Tesla Inc. | 0.73% | 1,267 | $402K | Reduce -6.0% |
| MCD McDonald's Corp. | 0.72% | 1,353 | $395K | Reduce -40.4% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.62% | 777 | $341K | New |
| SCI Service Corp. International | 0.62% | 4,161 | $339K | No change |
| GOOGL Alphabet Inc. Class A | 0.61% | 1,905 | $336K | Reduce -52.9% |
| COST Costco Wholesale Corp. | 0.61% | 337 | $334K | Reduce -24.9% |
| IJH iShares Core S&P Midcap ETF | 0.60% | 5,337 | $331K | Add +17.2% |
| QUAL iShares MSCI USA Quality Fac | 0.58% | 1,745 | $319K | New |
| CEF Sprott Physical Gold and Sil | 0.58% | 10,568 | $318K | Reduce -28.9% |
| AMT American Tower Corp. | 0.55% | 1,365 | $302K | Reduce -3.3% |
| VIG Vanguard Dividend Apprec ETF | 0.54% | 1,462 | $299K | Reduce -16.0% |
| IEFA iShares Core MSCI Eafe ETF | 0.53% | 3,480 | $291K | Add +3.1% |
| SHEL Shell PLC-ADR | 0.52% | 4,065 | $286K | Reduce -6.9% |
| NEE Nextera Energy Inc. | 0.50% | 3,973 | $276K | Reduce -13.7% |
| CVX Chevron Corp. | 0.50% | 1,913 | $274K | Reduce -15.7% |
| VEA Vanguard Ftse Developed ETF | 0.49% | 4,715 | $269K | New |
| GE General Electric filed as GE AEROSPACE | 0.45% | 966 | $249K | Reduce -11.9% |
| MO Altria Group Inc. | 0.45% | 4,234 | $248K | Reduce -38.8% |
| CGUS Cap Group Core Equity filed as CAPITAL GROUP CORE EQUITY ET | 0.45% | 6,689 | $247K | Reduce -1.5% |
| BBEU JPMorgan Betabuilders Europe | 0.45% | 3,649 | $246K | No change |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.44% | 3,273 | $240K | No change |
| NOC Northrop Grumman Corp. | 0.43% | 475 | $237K | Reduce -9.5% |
| XOM Exxon Mobil Corp. | 0.43% | 2,194 | $237K | Reduce -69.6% |
| LMT Lockheed Martin Corp. | 0.43% | 507 | $235K | Reduce -25.9% |
| FITB Fifth Third Bancorp | 0.41% | 5,546 | $228K | New |
| KO The Coca-Cola Co. | 0.41% | 3,168 | $224K | Reduce -63.4% |
| TFPM Triple Flag Precious Met | 0.40% | 9,200 | $218K | New |
| T AT&T Inc. | 0.37% | 7,035 | $204K | Reduce -12.0% |
| BSM Black Stone Minerals LP | 0.37% | 15,500 | $203K | Reduce -1.3% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 0.36% | 3,682 | $201K | New |
| KEY Keycorp | 0.32% | 10,000 | $174K | Reduce -8.7% |
| AREC American Resources Corp. | 0.04% | 25,000 | $21K | No change |
Portfolio Sells Q1 2025 → Q2 2025
| LLY Eli Lilly & Co. | Reduce -97.8% | 1.81% | −40.59 |
| GBTC Grayscale Bitcoin Trust ETF | Sold out | 0.00% | −1.52 |
| JPIE JPMorgan Income ETF | Sold out | 0.00% | −0.97 |
| META Meta Platforms Inc. Class A | Reduce -78.5% | 1.28% | −0.94 |
| JEPI JPMorgan Equity Premium Inco | Sold out | 0.00% | −0.68 |
| AVGO Broadcom Inc. | Sold out | 0.00% | −0.60 |
| HELO JPMorgan Hedged Equity ETF | Sold out | 0.00% | −0.58 |
| WMT Walmart Inc. | Sold out | 0.00% | −0.51 |
| CMI Cummins Inc. | Sold out | 0.00% | −0.48 |
| JEPQ JPM Nasdaq Equity Premium | Sold out | 0.00% | −0.44 |
| PEP Pepsico Inc. | Sold out | 0.00% | −0.42 |
| ELV Elevance Health Inc. | Sold out | 0.00% | −0.42 |
| ONEY SS SPDR R1000 Yield Foc ETF | Sold out | 0.00% | −0.40 |
| HD Home Depot Inc. | Sold out | 0.00% | −0.39 |
| UCON First Trust Smith Unconstrai | Sold out | 0.00% | −0.36 |
| GOOG Alphabet Inc. Class C | Sold out | 0.00% | −0.33 |
| XOM Exxon Mobil Corp. | Reduce -69.6% | 0.43% | −0.31 |
| EPD Enterprise Products Partners | Sold out | 0.00% | −0.29 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.29 |
| FAST Fastenal Co. | Sold out | 0.00% | −0.28 |
| ABBV Abbvie Inc. | Sold out | 0.00% | −0.27 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Sold out | 0.00% | −0.27 |
| JNJ Johnson & Johnson | Sold out | 0.00% | −0.26 |
| BUFR FT Vest Lad Buffervetf-Usd I | Sold out | 0.00% | −0.26 |
| CAT Caterpillar Inc. | Sold out | 0.00% | −0.25 |
| LVHI Franklin International Low V | Sold out | 0.00% | −0.25 |
| SHOP Shopify Inc. Class A | Sold out | 0.00% | −0.24 |
| EMLP First Trust North American E | Sold out | 0.00% | −0.23 |
| PG The Procter & Gamble Co. | Sold out | 0.00% | −0.22 |
| LRCX Lam Research Corp. | Sold out | 0.00% | −0.21 |
| BAC Bank of America Corp. | Sold out | 0.00% | −0.20 |
| BUFD FT VST Lad Deep Buf ETF-Usdi | Sold out | 0.00% | −0.19 |
| LIN Linde PLC | Sold out | 0.00% | −0.19 |
| QCOM Qualcomm Inc. | Sold out | 0.00% | −0.19 |
| IBM Intl Business Machines Corp. | Sold out | 0.00% | −0.19 |
| DHDG FT US Eqty Q 2.5-15 Buff ETF | Sold out | 0.00% | −0.19 |
| FTCS First Trust Capital Strength | Sold out | 0.00% | −0.18 |
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −0.18 |
| AMGN Amgen Inc. | Sold out | 0.00% | −0.18 |
| JPST JPMorgan Ultra-Short Income | Sold out | 0.00% | −0.18 |
| CSCO Cisco Systems Inc. | Sold out | 0.00% | −0.18 |
| KO The Coca-Cola Co. | Reduce -63.4% | 0.41% | −0.13 |
| AESI Atlas Energy Solutions Inc. | Reduce -43.0% | 1.05% | −0.12 |
| MPT Medical Properties Trust Inc. | Sold out | 0.00% | −0.06 |
| GOOGL Alphabet Inc. Class A | Reduce -52.9% | 0.61% | +0.07 |
| MO Altria Group Inc. | Reduce -38.8% | 0.45% | +0.09 |
| MCD McDonald's Corp. | Reduce -40.4% | 0.72% | +0.10 |
| BSM Black Stone Minerals LP | Reduce -1.3% | 0.37% | +0.16 |
| LMT Lockheed Martin Corp. | Reduce -25.9% | 0.43% | +0.16 |
| KEY Keycorp | Reduce -8.7% | 0.32% | +0.17 |
Portfolio Buys Q1 2025 → Q2 2025
| VEU Vanguard Ftse All-World Ex-U | New | 9.70% | +9.70 |
| DFIS Dimensional International SM | New | 3.79% | +3.79 |
| NVDA Nvidia Corp. | Add +6.4% | 4.64% | +3.21 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Add +348.4% | 2.63% | +2.37 |
| ITA iShares U.S. Aerospace & Def | New | 1.35% | +1.35 |
| FBND Fidelity Total Bond ETF | New | 0.91% | +0.91 |
| IVV iShares Core S&P 500 ETF | Add +3.8% | 1.49% | +0.87 |
| VOO Vanguard S&P 500 ETF | Add +17.9% | 1.22% | +0.77 |
| VUG Vanguard Mrngstar GR ETF-Sui | New | 0.62% | +0.62 |
| QUAL iShares MSCI USA Quality Fac | New | 0.58% | +0.58 |
| VTI VG Morningstar TS MKT ETF-US | Add +3.0% | 0.95% | +0.55 |
| VEA Vanguard Ftse Developed ETF | New | 0.49% | +0.49 |
| FITB Fifth Third Bancorp | New | 0.41% | +0.41 |
| TFPM Triple Flag Precious Met | New | 0.40% | +0.40 |
| IJH iShares Core S&P Midcap ETF | Add +17.2% | 0.60% | +0.37 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | New | 0.36% | +0.36 |
| IEFA iShares Core MSCI Eafe ETF | Add +3.1% | 0.53% | +0.31 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 86 | $104.4M | LLY, AAPL, VEU, PAAA, ITA |
| Q1 2026 | 83 | $87.8M | LLY, AAPL, VEU, PAAA, MSFT |
| Q4 2025 | 81 | $89.7M | LLY, VEU, AAPL, PAAA, MSFT |
| Q3 2025 | 78 | $75.1M | LLY, VEU, AAPL, MSFT, NVDA |
| Q2 2025 | 67 | $55.0M | VEU, AAPL, MSFT, NVDA, VDE |
| Q1 2025 | 96 | $115.4M | LLY, AAPL, MSFT, META, VDE |
| Q4 2024 | 115 | $127.3M | LLY, AAPL, MSFT, META, SLYV |
| Q3 2024 | 116 | $133.5M | LLY, AAPL, MSFT, META, SLYV |
| Q2 2024 | 101 | $125.6M | LLY, AAPL, MSFT, META, SLYV |
| Q1 2024 | 86 | $112.4M | LLY, AAPL, MSFT, SLYV, VDE |