Independence Asset Advisors

WYNNEWOOD,, PAfiles as Independence Asset Advisors, LLC

$384m in 25 US stocks at the end of 30 June 2026. The top 10 are 96.4% of the money. It changed about 21.1% of the portfolio this quarter.

Value

$384m

Stocks

Top 10 share

96.4%

Turnover

21.1%

What changed this quarter

New

Bought for the first time this quarter.

Berkshire HathawayBRK-B
0.5% of the fund
J P Morgan Exchange Traded FJMUB
<0.1% of the fund
AppleAAPL
<0.1% of the fund

Added

Bought more of a stock they already held.

Vanguard Index FDSVTI
23.6% of the fund
+397%
J P Morgan Exchange Traded FJPIE
2.5% of the fund
+3239%
Pacer FDS TRFLRT
0.9% of the fund
+11%
Vanguard Index FDSVNQ
0.9% of the fund
+4%
J P Morgan Exchange Traded FJAVA
0.6% of the fund
+31%
J P Morgan Exchange Traded FJEPI
0.4% of the fund
+11%
Vanguard Fixed Income Secs FVGHY
0.2% of the fund
+148%
J P Morgan Exchange Traded FJEPQ
0.1% of the fund
+3%
Vanguard Specialized FundsVIG
0.1% of the fund
+58%

Cut

Sold some of their stake.

Vanguard Whitehall FDSVYMI
0.1% of the fund
-10%
Vanguard Malvern FDSVGMS
<0.1% of the fund
-15%

Sold out

Sold their entire stake.

Natixis ETF Trust IILSGR
-100%
Vanguard Scottsdale FDSVCIT
-100%

Holdings

Vaneck ETF TrustCLOI
Share
26.2%
Value
$101m
Shares
1,900,128
Held
Vanguard Index FDSVTI
Share
23.6%
Value
$91m
Shares
245,018
+397%
Invesco Exchange Traded FD TSPHQ
Share
23.1%
Value
$89m
Shares
982,557
Held
Vaneck ETF TrustCLOB
Share
12.2%
Value
$47m
Shares
929,307
Held
J P Morgan Exchange Traded FJBND
Share
3.9%
Value
$15m
Shares
279,411
Held
J P Morgan Exchange Traded FJPIE
Share
2.5%
Value
$9m
Shares
205,692
+3239%
Ishares TRIWD
Share
2.4%
Value
$9m
Shares
37,250
Held
Pacer FDS TRFLRT
Share
0.9%
Value
$4m
Shares
77,211
+11%
Vanguard Index FDSVNQ
Share
0.9%
Value
$4m
Shares
36,716
+4%
Vanguard Wellington FDVFMV
Share
0.7%
Value
$3m
Shares
18,541
Held
J P Morgan Exchange Traded FJAVA
Share
0.6%
Value
$2m
Shares
29,710
+31%
J P Morgan Exchange Traded FJIRE
Share
0.6%
Value
$2m
Shares
28,178
Held
Berkshire HathawayBRK-B
Share
0.5%
Value
$2m
Shares
4,015
New
J P Morgan Exchange Traded FJEPI
Share
0.4%
Value
$1m
Shares
23,867
+11%
Vanguard Index FDSVOT
Share
0.3%
Value
$1m
Shares
3,331
Held
Vanguard Fixed Income Secs FVGHY
Share
0.2%
Value
$935,550
Shares
12,498
+148%
Vanguard Index FDSVBK
Share
0.2%
Value
$826,070
Shares
2,259
Held
J P Morgan Exchange Traded FJPRE
Share
0.2%
Value
$762,110
Shares
14,605
Held
J P Morgan Exchange Traded FJEPQ
Share
0.1%
Value
$450,104
Shares
7,324
+3%
Vanguard Specialized FundsVIG
Share
0.1%
Value
$447,806
Shares
1,893
+58%
Vanguard Whitehall FDSVYMI
Share
0.1%
Value
$436,371
Shares
4,444
-10%
Vanguard Malvern FDSVGMS
Share
<0.1%
Value
$289,907
Shares
5,661
-15%
Harbor ETF TrustSIHY
Share
<0.1%
Value
$283,832
Shares
6,258
Held
J P Morgan Exchange Traded FJMUB
Share
<0.1%
Value
$235,546
Shares
4,650
New
AppleAAPL
Share
<0.1%
Value
$223,447
Shares
772
New

Company	Share of fund	Value	Shares	Change
Vaneck ETF TrustCLOI	26.2%	$101m	1,900,128	Held
Vanguard Index FDSVTI	23.6%	$91m	245,018	+397%
Invesco Exchange Traded FD TSPHQ	23.1%	$89m	982,557	Held
Vaneck ETF TrustCLOB	12.2%	$47m	929,307	Held
J P Morgan Exchange Traded FJBND	3.9%	$15m	279,411	Held
J P Morgan Exchange Traded FJPIE	2.5%	$9m	205,692	+3239%
Ishares TRIWD	2.4%	$9m	37,250	Held
Pacer FDS TRFLRT	0.9%	$4m	77,211	+11%
Vanguard Index FDSVNQ	0.9%	$4m	36,716	+4%
Vanguard Wellington FDVFMV	0.7%	$3m	18,541	Held
J P Morgan Exchange Traded FJAVA	0.6%	$2m	29,710	+31%
J P Morgan Exchange Traded FJIRE	0.6%	$2m	28,178	Held
Berkshire HathawayBRK-B	0.5%	$2m	4,015	New
J P Morgan Exchange Traded FJEPI	0.4%	$1m	23,867	+11%
Vanguard Index FDSVOT	0.3%	$1m	3,331	Held
Vanguard Fixed Income Secs FVGHY	0.2%	$935,550	12,498	+148%
Vanguard Index FDSVBK	0.2%	$826,070	2,259	Held
J P Morgan Exchange Traded FJPRE	0.2%	$762,110	14,605	Held
J P Morgan Exchange Traded FJEPQ	0.1%	$450,104	7,324	+3%
Vanguard Specialized FundsVIG	0.1%	$447,806	1,893	+58%
Vanguard Whitehall FDSVYMI	0.1%	$436,371	4,444	-10%
Vanguard Malvern FDSVGMS	<0.1%	$289,907	5,661	-15%
Harbor ETF TrustSIHY	<0.1%	$283,832	6,258	Held
J P Morgan Exchange Traded FJMUB	<0.1%	$235,546	4,650	New
AppleAAPL	<0.1%	$223,447	772	New

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is up 138.8% since 30 June 2025.

Where the money is

Financial services0.5%

Technology0.1%

Other99.4%

From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.