SEC 13F Intelligence

Managers / Q3 2022 · view latest →

Indie Asset Partners, LLC

CIK 0001802244 · 10 EAST MAIN STREET, SUITE 220, CARMEL, IN, 46032 · 317-428-6600

Reported Value
$98M
Q3 2022
Positions
88
Filings on Record
26
2020–present window
Filed
Oct 25, 2022
original filing

Summary

Indie Asset Partners, LLC reported $98M in U.S.-listed holdings across 88 positions for Q3 2022.

The portfolio is heavily concentrated: LLY alone accounts for 22.1% of reported value.

Compared with Q2 2022, the fund opened 2 new positions and exited 23.

Portfolio Metrics

Turnover
+1.5%
vs prior filed quarter
Top-10 Concentration
+71.3%
share of reported value
Largest Position
+22.1%
Lilly Eli
New / Exited
2 / 23
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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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
Q4 ’19: $94MQ4 ’19Q1 ’20: $80MQ2 ’20: $80MQ3 ’20: $80MQ4 ’20: $86MQ4 ’20Q1 ’21: $88MQ2 ’21: $123MQ3 ’21: $123MQ4 ’21: $138MQ4 ’21Q1 ’22: $133MQ2 ’22: $113MQ3 ’22: $98MQ4 ’22: $91MQ4 ’22Q1 ’23: $86MQ2 ’23: $92MQ3 ’23: $99MQ4 ’23: $111MQ4 ’23Q1 ’24: $112MQ2 ’24: $126MQ3 ’24: $134MQ4 ’24: $127MQ4 ’24Q1 ’25: $115MQ2 ’25: $55MQ3 ’25: $75MQ4 ’25: $90MQ4 ’25Q1 ’26: $88Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 70.3%ETP: 26.7%REIT: 1.3%Other: 1.0%Closed-End Fund: 0.4%ADR: 0.2%
  • Common Stock · 70.3% · $69M
  • ETP · 26.7% · $26M
  • REIT · 1.3% · $1M
  • Other · 1.0% · $1M
  • Closed-End Fund · 0.4% · $424,000
  • ADR · 0.2% · $217,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
TLTISHARES TRNEW+8.3K8.3K+$850,000$850,000
PYPLPAYPAL HLDGS INCNEW+2.6K2.6K+$222,000$222,000
GOOGALPHABET INCADDED+2.3K2.5K−$32,000$237,000
GOOGLALPHABET INCADDED+4.0K4.3K−$77,000$407,000
QQQINVESCO QQQ TRSOLD OUT−1.4K0−$389,000$0
FIXCOMFORT SYS USA INCSOLD OUT−3.7K0−$306,000$0
NVONOVO-NORDISK A SSOLD OUT−2.5K0−$283,000$0
FDXFEDEX CORPSOLD OUT−1.2K0−$282,000$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2022

73 positions (from 88 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1LLYLILLY ELI & COhistory →COM22.12%$22M66.8K
2RPRXROYALTY PHARMA PLChistory →SHS CLASS A21.48%$21M521.8K
3VTIPVANGUARD MALVERN FDShistory →STRM INFPROIDX5.63%$5M114.2K
4SCHDSCHWAB STRATEGIC TRUS DIVIDEND EQ · US LCAP GR ETF · US BRD MKT ETF · INTL EQTY ETF · US AGGREGATE B · US TIPS ETF5.49%$5M106.3K
5AAPLAPPLE INChistory →COM5.24%$5M37.0K
6SPDR SER TRS&P 600 SMCP VAL · S&P 600 SML CAP2.62%$3M36.8K
7AMZNAMAZON COM INChistory →COM2.29%$2M19.7K
8IYTISHARES TRUS TRSPRTION · 20 YR TR BD ETF2.27%$2M15.3K
9VDEVANGUARD WORLD FDShistory →ENERGY ETF2.10%$2M20.2K
10VEGIISHARES INCGLB AGRIC PR ETF · MSCI GBL ETF NEW · MSCI EMERG MRKT2.08%$2M53.5K
11MSFTMICROSOFT CORPhistory →COM1.38%$1M5.8K
12FTCSFIRST TR EXCHANGE-TRADED FDCAP STRENGTH ETF · FST LOW OPPT EFT1.17%$1M18.7K
13AMLPALPS ETF TRhistory →ALERIAN MLP1.01%$981,00026.8K
14COPXGLOBAL X FDSGLOBAL X COPPER · LITHIUM BTRY ETF · GLOBAL X URANIUM0.89%$869,00029.0K
15JEPIJ P MORGAN EXCHANGE TRADED FEQUITY PREMIUM · ULTRA SHRT INC0.87%$851,00016.8K
16PFEPFIZER INCCOM0.84%$818,00018.7K
17ELVELEVANCE HEALTH INCCOM0.81%$786,0001.7K
18METAMETA PLATFORMS INCCL A0.78%$764,0005.6K
19PEPPEPSICO INCCOM0.76%$740,0004.5K
20NOCNORTHROP GRUMMAN CORPCOM0.76%$738,0001.6K
21MCDMCDONALDS CORPCOM0.72%$702,0003.0K
22AMTAMERICAN TOWER CORP NEWCOM0.72%$701,0003.3K
23GOOGLALPHABET INCCAP STK CL A · CAP STK CL C0.66%$644,0006.7K
24LMTLOCKHEED MARTIN CORPCOM0.65%$637,0001.6K
25EXMOCEXXON MOBIL CORPCOM0.60%$590,0006.8K
26VVISA INCCOM CL A0.60%$585,0003.3K
27SHWSHERWIN WILLIAMS COCOM0.57%$561,0002.7K
28MINTPIMCO ETF TRENHAN SHRT MA AC0.54%$525,0005.3K
29VOVANGUARD INDEX FDSMID CAP ETF · TOTAL STK MKT0.53%$521,0002.8K
30SPYSPDR S&P 500 ETF TRTR UNIT0.53%$520,0001.5K
31KOCOCA COLA COCOM0.53%$517,0009.2K
32ABBVABBVIE INCCOM0.51%$502,0003.7K
33TPLTEXAS PACIFIC LAND CORPORATICOM0.50%$489,000275
34LEGG MASON ETF INVT TRCLRBRDG AL CP GW0.49%$474,00013.8K
35ADC THERAPEUTICS SASHS0.46%$452,00093.8K
36MOALTRIA GROUP INCCOM0.44%$425,00010.5K
37DNPDNP SELECT INCOME FD INCCOM0.43%$424,00041.0K
38CMICUMMINS INCCOM0.43%$422,0002.1K
39JNJJOHNSON & JOHNSONCOM0.42%$414,0002.5K
40SCISERVICE CORP INTLCOM0.42%$412,0007.1K
41ICEINTERCONTINENTAL EXCHANGE INCOM0.40%$391,0004.3K
42INBKFIRST INTERNET BANCORPCOM0.39%$381,00011.3K
43ZBHZIMMER BIOMET HOLDINGS INCCOM0.36%$356,0003.4K
44BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.36%$348,0001.3K
45UCONFIRST TR EXCHNG TRADED FD VITCW UNCONSTRAI0.36%$348,00014.6K
46GWWGRAINGER W W INCCOM0.35%$345,000705
47WMTWALMART INCCOM0.35%$343,0002.6K
48VIGVANGUARD SPECIALIZED FUNDSDIV APP ETF0.35%$342,0002.5K
49XIFRNEXTERA ENERGY PARTNERS LPCOM UNIT PART IN0.34%$336,0004.7K
50CVSCVS HEALTH CORPCOM0.32%$312,0003.3K
51JPMJPMORGAN CHASE & COCOM0.31%$306,0002.9K
52DLRDIGITAL RLTY TR INCCOM0.30%$294,0003.0K
53CCICROWN CASTLE INCCOM0.29%$283,0002.0K
54AVGOBROADCOM INCCOM0.29%$283,000638
55UNHUNITEDHEALTH GROUP INCCOM0.29%$281,000557
56MPCMARATHON PETE CORPCOM0.27%$263,0002.6K
57ASANASANA INCCL A0.27%$262,00011.8K
58HDHOME DEPOT INCCOM0.24%$237,000858
59AMGNAMGEN INCCOM0.24%$236,0001.0K
60BACBK OF AMERICA CORPCOM0.24%$230,0007.6K
61CVXCHEVRON CORP NEWCOM0.23%$227,0001.6K
62SIREN ETF TRNSD NXGN ECO ETF0.23%$225,00010.1K
63TAT&T INCCOM0.23%$224,00014.6K
64PYPLPAYPAL HLDGS INCCOM0.23%$222,0002.6K
65SHELSHELL PLCSPON ADS0.22%$217,0004.4K
66CATCATERPILLAR INCCOM0.22%$217,0001.3K
67ARCCARES CAPITAL CORPCOM0.22%$211,00012.5K
68VZVERIZON COMMUNICATIONS INCCOM0.21%$208,0005.5K
69KOSKOSMOS ENERGY LTDCOM0.19%$186,00036.0K
70LUMNLUMEN TECHNOLOGIES INCCOM0.18%$171,00023.5K
7123ANDME HOLDING COCLASS A COM0.08%$81,00028.4K
72SIRIUS XM HOLDINGS INCCOM0.06%$63,00011.0K
73QUOTIENT LTDSHS0.00%$2,00015.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$88M83May 8, 202613F-HRchanges · EDGAR ↗
Q4 2025$90M81Feb 3, 202613F-HRchanges · EDGAR ↗
Q3 2025$75M78Nov 6, 202513F-HRchanges · EDGAR ↗
Q2 2025$55M67Aug 12, 202513F-HRchanges · EDGAR ↗
Q1 2025$115M96May 7, 202513F-HRchanges · EDGAR ↗
Q4 2024$127M115Feb 3, 202513F-HRchanges · EDGAR ↗
Q3 2024$134M116Oct 29, 202413F-HRchanges · EDGAR ↗
Q2 2024$126M101Aug 5, 202413F-HRchanges · EDGAR ↗
Q1 2024$112M86May 10, 202413F-HRchanges · EDGAR ↗
Q4 2023$111M86Jan 26, 202413F-HRchanges · EDGAR ↗
Q3 2023$99M79Oct 27, 202313F-HRchanges · EDGAR ↗
Q2 2023$92M82Aug 7, 202313F-HRchanges · EDGAR ↗
Q1 2023$86M85May 11, 202313F-HRchanges · EDGAR ↗
Q4 2022$91M85Feb 1, 202313F-HRchanges · EDGAR ↗
Q3 2022$98M88Oct 25, 202213F-HRchanges · EDGAR ↗
Q2 2022$113M109Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$133M124May 10, 202213F-HRchanges · EDGAR ↗
Q4 2021$138M126Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$123M126Nov 9, 202113F-HRchanges · EDGAR ↗
Q2 2021$123M128Aug 11, 202113F-HRchanges · EDGAR ↗
Q1 2021$88M119May 13, 202113F-HRchanges · EDGAR ↗
Q4 2020$86M109Feb 9, 202113F-HRchanges · EDGAR ↗
Q3 2020$80M93Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$80M92Aug 12, 202013F-HRchanges · EDGAR ↗
Q1 2020$80M80May 13, 202013F-HRchanges · EDGAR ↗
Q4 2019$94M85Feb 11, 202013F-HRchanges · 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 ↗.