Managers / Q4 2022 · view latest →
INDEPENDENT INVESTORS INC
CIK 0001121908 · 181 SMITHTOWN BLVD, NESCONSET, NY, 11767 · 6319792142
Reported Value
$359M
Q4 2022
Positions
66
Filings on Record
31
2019–present window
Filed
Feb 2, 2023
original filing
Summary
Independent Investors Inc reported $359M in U.S.-listed holdings across 66 positions for Q4 2022.
The portfolio is heavily concentrated: AAPL alone accounts for 47.6% of reported value.
Compared with Q3 2022, the fund opened 3 new positions and exited 2.
Portfolio Metrics
Turnover
+5.1%
vs prior filed quarter
Top-10 Concentration
+71.4%
share of reported value
Largest Position
+47.6%
Apple
New / Exited
3 / 2
positions this quarter
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
13F Reported Value
Portfolio Composition
By security type
- Common Stock · 98.9% · $355M
- ADR · 0.7% · $3M
- ETP · 0.4% · $1M
Quarter-over-Quarter Changes full breakdown →
vs Q3 2022 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| ATVIEURActivision Blizzard Inc | NEW | +11.6K | 11.6K | +$884,153 | $884,153 |
| JPMorgan Equity Premium Income ETF | NEW | +9.8K | 9.8K | +$532,367 | $532,367 |
| MDLZMondelez International, Inc. Class A | NEW | +3.5K | 3.5K | +$233,275 | $233,275 |
| Medtronic plc | SOLD OUT | −2.8K | 0 | −$227,000 | $0 |
| BlackRock Innovation and Growth Trust | SOLD OUT | −30.0K | 0 | −$218,000 | $0 |
| Vanguard Emerging Markets ETF | TRIMMED | −20.7K | 6.8K | −$738,987 | $267,013 |
| BACVerizon Communications Inc. | TRIMMED | −3.4K | 6.4K | −$120,210 | $252,790 |
| BLKCHFBlackRock, Inc. | TRIMMED | −140 | 365 | −$19,350 | $258,650 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2022
49 positions
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | AAPLApple Inc.history → | Common Stock | 47.59% | $171M | 1.32M |
| 2 | JNJJohnson & Johnsonhistory → | Common Stock | 3.79% | $14M | 77.1K |
| 3 | MSFTMicrosoft Corporationhistory → | Common Stock | 3.66% | $13M | 54.8K |
| 4 | WATWaters Corporationhistory → | Common Stock | 3.04% | $11M | 31.9K |
| 5 | HONGBPHoneywell International Inc.history → | Common Stock | 2.53% | $9M | 42.5K |
| 6 | PGProcter & Gamble Companyhistory → | Common Stock | 2.45% | $9M | 58.1K |
| 7 | AMGNAmgen Inc.history → | Common Stock | 2.23% | $8M | 30.5K |
| 8 | JPMJPMorgan Chase & Co.history → | Common Stock | 2.13% | $8M | 56.9K |
| 9 | ABBVAbbVie Inc.history → | Common Stock | 2.04% | $7M | 45.4K |
| 10 | EXMOCExxon Mobil Corporationhistory → | Common Stock | 1.97% | $7M | 64.2K |
| 11 | NKENike, Inc.history → | Common Stock | 1.95% | $7M | 60.0K |
| 12 | BABoeing Companyhistory → | Common Stock | 1.64% | $6M | 30.9K |
| 13 | MCDMcDonald's Corporationhistory → | Common Stock | 1.36% | $5M | 18.6K |
| 14 | ABTAbbott Laboratorieshistory → | Common Stock | 1.35% | $5M | 44.1K |
| 15 | BRK/BBerkshire Hathaway Inc. Class Bhistory → | Common Stock | 1.32% | $5M | 15.3K |
| 16 | EMREmerson Electric Co.history → | Common Stock | 1.31% | $5M | 49.0K |
| 17 | NSCNorfolk Southern Corporationhistory → | Common Stock | 1.21% | $4M | 17.6K |
| 18 | UPSUnited Parcel Service, Inc.history → | Common Stock | 1.20% | $4M | 24.8K |
| 19 | DISWalt Disney Companyhistory → | Common Stock | 1.16% | $4M | 48.0K |
| 20 | QCOMQualcomm Inc.history → | Common Stock | 1.06% | $4M | 34.5K |
| 21 | PEPPepsiCo, Inc.history → | Common Stock | 1.01% | $4M | 20.0K |
| 22 | DOVDover Corporation | Common Stock | 0.78% | $3M | 20.6K |
| 23 | LOWLowe's Companies, Inc. | Common Stock | 0.77% | $3M | 13.8K |
| 24 | ORCLOracle Corporation | Common Stock | 0.68% | $2M | 29.9K |
| 25 | UNPUnion Pacific Corporation | Common Stock | 0.68% | $2M | 11.7K |
| 26 | KOCoca-Cola Company | Common Stock | 0.67% | $2M | 38.1K |
| 27 | HHC*Howard Hughes Corporation | Common Stock | 0.65% | $2M | 30.7K |
| 28 | CLColgate-Palmolive Company | Common Stock | 0.62% | $2M | 28.4K |
| 29 | LHXL3Harris Technologies, Inc. | Common Stock | 0.56% | $2M | 9.7K |
| 30 | HDHome Depot, Inc. | Common Stock | 0.54% | $2M | 6.2K |
| 31 | BMYBristol-Myers Squibb Company | Common Stock | 0.54% | $2M | 27.0K |
| 32 | UNHUnitedHealth Group Incorporated | Common Stock | 0.53% | $2M | 3.6K |
| 33 | AXPAmerican Express Company | Common Stock | 0.49% | $2M | 12.0K |
| 34 | GOOGAlphabet Inc. Class C | Common Stock | 0.47% | $2M | 19.1K |
| 35 | NVSNNovartis AG | Common Stock | 0.45% | $2M | 17.9K |
| 36 | KMIKinder Morgan, Inc. | Common Stock | 0.43% | $2M | 85.8K |
| 37 | COSTCostco Wholesale Corporation | Common Stock | 0.37% | $1M | 2.9K |
| 38 | CVSCVS Health Corporation | Common Stock | 0.36% | $1M | 13.7K |
| 39 | GSGoldman Sachs Group, Inc. | Common Stock | 0.35% | $1M | 3.6K |
| 40 | BAXBaxter International Inc. | Common Stock | 0.35% | $1M | 24.4K |
| 41 | CHVChevron Corporation | Common Stock | 0.29% | $1M | 5.8K |
| 42 | CSCOCisco Systems, Inc. | Common Stock | 0.27% | $976,620 | 20.5K |
| 43 | BABAAlibaba Group Holding Ltd ADR | Common Stock | 0.26% | $933,754 | 10.6K |
| 44 | ATVIEURActivision Blizzard Inc | Common Stock | 0.25% | $884,153 | 11.6K |
| 45 | PAHUSDElement Solutions Inc. | Common Stock | 0.24% | $852,656 | 46.9K |
| 46 | BACBank of America Corporation | Common Stock | 0.23% | $816,077 | 24.6K |
| 47 | PFEPfizer Inc. | Common Stock | 0.21% | $758,762 | 14.8K |
| 48 | SYKStryker Corporation | Common Stock | 0.20% | $733,470 | 3.0K |
| 49 | DWDMorgan Stanley | Common Stock | 0.19% | $698,524 | 8.2K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $504M | 70 | Apr 17, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $538M | 69 | Jan 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $520M | 70 | Oct 30, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $459M | 67 | Jul 18, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $471M | 70 | May 1, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $505M | 66 | Jan 27, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $493M | 69 | Oct 24, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $456M | 67 | Jul 16, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $418M | 67 | Apr 26, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $434M | 67 | Jan 12, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $394M | 67 | Oct 23, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $431M | 66 | Jul 19, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $403M | 69 | Apr 13, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $359M | 66 | Feb 2, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $352M | 65 | Oct 24, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $369M | 69 | Jul 13, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $449M | 76 | Apr 25, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $468M | 77 | Jan 31, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $402M | 73 | Oct 28, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $407M | 74 | Jul 28, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $377M | 72 | Apr 26, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $379M | 71 | Jan 27, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $344M | 70 | Oct 26, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $297M | 68 | Jul 9, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $241M | 72 | Apr 6, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $302M | 75 | Jan 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $266M | 73 | Oct 31, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $259M | 75 | Jul 18, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $256M | 73 | May 1, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $231M | 70 | Jan 14, 2019 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.