SEC 13F Intelligence

Managers / Q1 2023 · view latest →

Independent Wealth Network Inc.

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

Reported Value
$156M
Q1 2023
Positions
200
Filings on Record
20
2019–present window
Filed
Apr 18, 2023
original filing

Summary

Independent Wealth Network Inc. reported $156M in U.S.-listed holdings across 200 positions for Q1 2023.

Its largest position, J P Morgan Exchange Traded F, represents 8.3% of the portfolio.

Compared with Q4 2022, the fund opened 16 new positions and exited 14.

Portfolio Metrics

Turnover
+3.9%
vs prior filed quarter
Top-10 Concentration
+33.9%
share of reported value
Largest Position
+8.3%
J P Morgan Exchange Traded F
New / Exited
16 / 14
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: 70.2%Common Stock: 25.5%Closed-End Fund: 2.5%MLP: 0.5%ADR: 0.4%Other: 0.9%
  • ETP · 70.2% · $110M
  • Common Stock · 25.5% · $40M
  • Closed-End Fund · 2.5% · $4M
  • MLP · 0.5% · $781,997
  • ADR · 0.4% · $670,946
  • Other · 0.9% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
HARTFORD FDS EXCHANGE TRADEDNEW+62.2K62.2K+$1M$1M
MCNMADISON COVERED CALL & EQUITNEW+45.4K45.4K+$360,986$360,986
FIRST TR EXCHANGE TRADED FDNEW+23.8K23.8K+$315,978$315,978
FIRST TR EXCHNG TRADED FD VINEW+8.9K8.9K+$273,782$273,782
FIDELITY COVINGTON TRUSTNEW+2.0K2.0K+$228,467$228,467
FIRST TR EXCHNG TRADED FD VINEW+7.5K7.5K+$228,264$228,264
ISHARES TRNEW+2.1K2.1K+$227,257$227,257
AMDADVANCED MICRO DEVICES INCNEW+2.3K2.3K+$221,797$221,797

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

Holdings — Q1 2023

32 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SPDR SER TRPRTFLO S&P500 GW · PRTFLO S&P500 VL · PORTFOLIO S&P500 · PORTFOLIO AGRGTE · PRTFLO S&P500 HI · BLOOMBERG 1-3 MO · NUVEEN BLMBRG MU16.60%$26M606.2K
2J P MORGAN EXCHANGE TRADED FULTRA SHRT INC · EQUITY PREMIUM · JPMORGAN DIVER10.76%$17M319.3K
3ACWIISHARES TRMSCI ACWI ETF · CORE LT USDB ETF · 1 3 YR TREAS BD · FLTG RATE NT ETF · CRE U S REIT ETF · CORE HIGH DV ETF · SELECT DIVID ETF · CORE S&P500 ETF10.33%$16M230.9K
4CATCATERPILLAR INChistory →COM3.87%$6M26.4K
5CHVCHEVRON CORP NEWhistory →COM2.53%$4M24.2K
6AAPLAPPLE INChistory →COM2.22%$3M21.0K
7FIRST TR EXCHANGE-TRADED FDCAP STRENGTH ETF · FIRST TR ENH NEW1.55%$2M36.5K
8MSFTMICROSOFT CORPhistory →COM1.53%$2M8.3K
9BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW · CL A1.26%$2M3.4K
10XLESELECT SECTOR SPDR TRENERGY · TECHNOLOGY1.21%$2M18.1K
11DFUSUSDDIMENSIONAL ETF TRUSThistory →US EQUITY ETF1.15%$2M40.3K
12SLVISHARES SILVER TRhistory →ISHARES1.02%$2M72.1K
13FIRST TR EXCH TRADED FD IIIPFD SECS INC ETF1.00%$2M98.0K
14PACER FDS TRUS CASH COWS 1000.99%$2M33.0K
15AMPLIFY ETF TRHIGH INCOME0.94%$1M125.7K
16VANGUARD WHITEHALL FDSHIGH DIV YLD0.93%$1M13.8K
17ALLIANCEBERNSTEIN GLOBAL HIGCOM0.89%$1M143.3K
18CSCOCISCO SYS INCCOM0.80%$1M23.9K
19VANGUARD BD INDEX FDSTOTAL BND MRKT0.80%$1M16.9K
20HARTFORD FDS EXCHANGE TRADEDSCHRDRS TAX BD0.78%$1M62.2K
21AMZNAMAZON COM INCCOM0.71%$1M10.7K
22HSYHERSHEY COCOM0.68%$1M4.2K
23GQ9SPDR GOLD TRGOLD SHS0.64%$999,0495.5K
24VUGVANGUARD INDEX FDSGROWTH ETF0.61%$961,0653.9K
25VVISA INCCOM CL A0.61%$955,9774.2K
26EXMOCEXXON MOBIL CORPCOM0.54%$843,2017.7K
27WISDOMTREE TRYIELD ENHANCD US0.52%$809,88218.5K
28ETENERGY TRANSFER L PCOM UT LTD PTN0.50%$781,99762.7K
29INVESCO EXCH TRADED FD TR IISR LN ETF0.50%$774,42637.2K
30NORTHERN LTS FD TR IVMAIN SECTR ROTN0.47%$736,40318.1K
31VANGUARD MALVERN FDSSTRM INFPROIDX0.45%$708,58114.8K
32MOALTRIA GROUP INCCOM0.45%$708,33415.9K

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 ↗.