SEC 13F Intelligence

Managers / Q1 2026

Independent Wealth Network Inc.

CIK 0001891240 · 2350 NW 128TH ST., URBANDALE, IA, 50323 · 515-461-5123

Reported Value
$337M
Q1 2026
Positions
301
Filings on Record
20
2019–present window
Filed
Apr 21, 2026
original filing

Summary

Independent Wealth Network Inc. reported $337M in U.S.-listed holdings across 301 positions for Q1 2026.

Its largest position, CAT, represents 5.5% of the portfolio.

Compared with Q4 2025, the fund opened 57 new positions and exited 48.

Portfolio Metrics

Turnover
+16.0%
vs prior filed quarter
Top-10 Concentration
+27.0%
share of reported value
Largest Position
+5.5%
Caterpillar
New / Exited
57 / 48
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
Q3 ’21: $153MQ3 ’21Q4 ’21: $162MQ1 ’22: $158MQ2 ’22: $139MQ2 ’22Q3 ’22: $128MQ4 ’22: $146MQ1 ’23: $156MQ1 ’23Q2 ’23: $166MQ3 ’23: $163MQ4 ’23: $190MQ4 ’23Q1 ’24: $213MQ2 ’24: $215MQ3 ’24: $226MQ3 ’24Q4 ’24: $246MQ1 ’25: $251MQ2 ’25: $275MQ2 ’25Q3 ’25: $311MQ4 ’25: $327MQ1 ’26: $337MQ1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 70.0%Common Stock: 27.5%Closed-End Fund: 1.1%MLP: 0.3%ADR: 0.3%Other: 0.7%
  • ETP · 70.0% · $236M
  • Common Stock · 27.5% · $93M
  • Closed-End Fund · 1.1% · $4M
  • MLP · 0.3% · $1M
  • ADR · 0.3% · $1M
  • Other · 0.7% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
FIRST TR EXCHANGE-TRADED FDNEW+15.5K15.5K+$3M$3M
FIRST TR EXCHANGE-TRADED FDNEW+45.9K45.9K+$2M$2M
J P MORGAN EXCHANGE TRADED FNEW+38.6K38.6K+$2M$2M
FIRST TR EXCHANGE-TRADED FDNEW+75.6K75.6K+$2M$2M
J P MORGAN EXCHANGE TRADED FNEW+20.1K20.1K+$1M$1M
SSGA ACTIVE TRNEW+26.2K26.2K+$1M$1M
CGDVUSDCAPITAL GROUP DIVIDEND VALUENEW+27.4K27.4K+$1M$1M
J P MORGAN EXCHANGE TRADED FNEW+19.6K19.6K+$889,408$889,408

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

Holdings — Q1 2026

32 positions
#IssuerClass% PortfolioValueShares
1SPDR SERIES TRUSTSTATE STREET SPD11.29%$38M589.5K
2CATCATERPILLAR INChistory →COM5.50%$19M26.1K
3J P MORGAN EXCHANGE TRADED FULTRA SHRT ETF · EQUITY PREMIUM · BETABUILDERS US5.25%$18M346.1K
4ACWIISHARES TRMSCI ACWI ETF · 0-5 YR TIPS ETF · CORE LT USDB ETF · FLTG RATE NT ETF · ISHARES SEMICDTR3.52%$12M141.7K
5FIRST TR EXCHANGE-TRADED FDSHS · FST LOW OPPT EFT · VEST INVESTMENT · STRUCTURED CR IN2.81%$9M252.4K
6SLVISHARES SILVER TRhistory →ISHARES2.14%$7M105.8K
7VUGVANGUARD INDEX FDSS&P 500 ETF SHS · GROWTH ETF2.02%$7M13.1K
8COLLABORATIVE INVESTMNT SERRAREVIEW DYNAMIC1.82%$6M265.2K
9CHVCHEVRON CORPORATIONhistory →COM1.79%$6M29.1K
10PACER FDS TRARISTOTLE PACIFI · SWAN SOS FD OF1.60%$5M137.3K
11DFUSUSDDIMENSIONAL ETF TRUSThistory →US EQUITY MARKET1.54%$5M73.2K
12NDQINVESCO QQQ TRhistory →UNIT SER 11.53%$5M8.9K
13AAPLAPPLE INChistory →COM1.48%$5M19.6K
14XLESELECT SECTOR SPDR TRSTATE STREET ENE · STATE STREET TEC1.38%$5M59.3K
15NVDANVIDIA CORPORATIONhistory →COM1.36%$5M26.3K
16GQ9SPDR GOLD TRhistory →GOLD SHS1.30%$4M10.2K
17MSFTMICROSOFT CORPhistory →COM1.23%$4M11.2K
18FIRST TR EXCHNG TRADED FD VIFT VEST US EQT · FT VEST LADDERED1.19%$4M95.2K
19AMZNAMAZON COM INCCOM0.96%$3M15.6K
20VANGUARD WHITEHALL FDSHIGH DIV YLD0.83%$3M19.0K
21BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.76%$3M5.4K
22INVESCO EXCHANGE TRADED FD TS&P MDCP MOMNTUM0.76%$3M17.6K
23VANGUARD BD INDEX FDSTOTAL BND MRKT0.66%$2M30.1K
24PLTRPALANTIR TECHNOLOGIES INCCL A0.65%$2M15.1K
25AMPLIFY ETF TRCEF HIGH INCOME0.60%$2M182.2K
26GLOBAL X FDSNASDAQ 100 COVER0.58%$2M114.1K
27METAMETA PLATFORMS INCCL A0.55%$2M3.2K
28STATE STR SPDR S&P 500 ETF TTR UNIT0.54%$2M2.8K
29VVISA INCCOM CL A0.51%$2M5.7K
30WISDOMTREE TRUS LARGECAP DIVD0.47%$2M17.9K
31KYNEURKAYNE ANDERSON ENERGY INFRSTCOM0.47%$2M109.9K
32FIRST TR EXCH TRADED FD IIIPFD SECS INC ETF0.46%$2M87.6K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$337M301Apr 21, 202613F-HRchanges · EDGAR ↗
Q4 2025$327M288Jan 26, 202613F-HRchanges · EDGAR ↗
Q3 2025$311M283Oct 15, 202513F-HRchanges · EDGAR ↗
Q2 2025$275M258Jul 16, 202513F-HRchanges · EDGAR ↗
Q1 2025$251M245May 2, 202513F-HRchanges · EDGAR ↗
Q4 2024$246M236Jan 17, 202513F-HRchanges · EDGAR ↗
Q3 2024$226M222Oct 15, 202413F-HRchanges · EDGAR ↗
Q2 2024$215M214Jul 18, 202413F-HRchanges · EDGAR ↗
Q1 2024$213M223May 20, 2024RESTATEMENTchanges · EDGAR ↗
Q4 2023$190M218Jan 12, 202413F-HRchanges · EDGAR ↗
Q3 2023$163M201Oct 11, 202313F-HRchanges · EDGAR ↗
Q2 2023$166M208Jul 12, 202313F-HRchanges · EDGAR ↗
Q1 2023$156M200Apr 18, 202313F-HRchanges · EDGAR ↗
Q4 2022$146M198Jan 25, 202313F-HRchanges · EDGAR ↗
Q3 2022$128M176Oct 17, 202213F-HRchanges · EDGAR ↗
Q2 2022$139M186Jul 26, 202213F-HRchanges · EDGAR ↗
Q1 2022$158M201Apr 20, 202213F-HRchanges · EDGAR ↗
Q4 2021$162M224Feb 10, 202213F-HRchanges · EDGAR ↗
Q3 2021$153M212Nov 4, 202113F-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 ↗.