SEC 13F Intelligence

Managers / Q4 2023 · view latest →

Independent Wealth Network Inc.

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

Reported Value
$190M
Q4 2023
Positions
218
Filings on Record
20
2019–present window
Filed
Jan 12, 2024
original filing

Summary

Independent Wealth Network Inc. reported $190M in U.S.-listed holdings across 218 positions for Q4 2023.

Its largest position, CAT, represents 4.1% of the portfolio.

Compared with Q3 2023, the fund opened 23 new positions and exited 6.

Portfolio Metrics

Turnover
+2.1%
vs prior filed quarter
Top-10 Concentration
+29.1%
share of reported value
Largest Position
+4.1%
Caterpillar
New / Exited
23 / 6
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: 69.8%Common Stock: 26.3%Closed-End Fund: 2.5%REIT: 0.4%PUBLIC: 0.3%Other: 0.6%
  • ETP · 69.8% · $133M
  • Common Stock · 26.3% · $50M
  • Closed-End Fund · 2.5% · $5M
  • REIT · 0.4% · $797,011
  • PUBLIC · 0.3% · $602,592
  • Other · 0.6% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
INVESCO EXCH TRADED FD TR IINEW+8.1K8.1K+$507,233$507,233
SPDR SER TRNEW+2.8K2.8K+$383,374$383,374
INNOVATOR ETFS TRNEW+9.4K9.4K+$269,672$269,672
SPGIS&P GLOBAL INCNEW+548548+$241,405$241,405
AMDADVANCED MICRO DEVICES INCNEW+1.6K1.6K+$239,099$239,099
WECWEC ENERGY GROUP INCNEW+2.8K2.8K+$237,755$237,755
ISHARES TRNEW+1.2K1.2K+$236,035$236,035
ADBEADOBE INCNEW+387387+$230,884$230,884

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

Holdings — Q4 2023

32 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SPDR SER TRPRTFLO S&P500 GW · PORTFOLIO S&P500 · PRTFLO S&P500 VL · PORTFOLIO AGRGTE · PRTFLO S&P500 HI · BLOOMBERG 1-3 MO · NUVEEN BLMBRG MU · SSGA US LRG ETF16.75%$32M659.7K
2ACWIISHARES TRMSCI ACWI ETF · CORE LT USDB ETF · CRE U S REIT ETF · 1 3 YR TREAS BD · 0-5 YR TIPS ETF · FLTG RATE NT ETF · CORE HIGH DV ETF8.11%$15M219.3K
3J P MORGAN EXCHANGE TRADED FULTRA SHRT INC · EQUITY PREMIUM · JPMORGAN DIVER5.93%$11M206.8K
4CATCATERPILLAR INChistory →COM4.12%$8M26.5K
5PACER FDS TRUS CASH COWS 100 · SWAN SOS FD OF2.74%$5M126.1K
6AAPLAPPLE INChistory →COM2.12%$4M21.0K
7CHVCHEVRON CORP NEWhistory →COM2.05%$4M26.1K
8XLESELECT SECTOR SPDR TRENERGY · TECHNOLOGY2.00%$4M36.7K
9VUGVANGUARD INDEX FDSS&P 500 ETF SHS · GROWTH ETF1.96%$4M9.9K
10MSFTMICROSOFT CORPhistory →COM1.89%$4M9.6K
11DFUSUSDDIMENSIONAL ETF TRUSThistory →US EQUITY ETF1.14%$2M41.9K
12NDQINVESCO QQQ TRhistory →UNIT SER 11.02%$2M4.7K
13SPDR S&P 500 ETF TRTR UNIT0.99%$2M3.9K
14FIRST TR EXCHANGE-TRADED FDFIRST TR ENH NEW0.99%$2M31.4K
15SLVISHARES SILVER TRISHARES0.96%$2M83.9K
16FIRST TR EXCH TRADED FD IIIPFD SECS INC ETF0.94%$2M105.7K
17AMZNAMAZON COM INCCOM0.92%$2M11.6K
18GQ9SPDR GOLD TRGOLD SHS0.91%$2M9.0K
19VANGUARD WHITEHALL FDSHIGH DIV YLD0.90%$2M15.3K
20BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.85%$2M4.6K
21AMPLIFY ETF TRHIGH INCOME0.76%$1M124.4K
22VANGUARD BD INDEX FDSTOTAL BND MRKT0.72%$1M18.5K
23HARTFORD FDS EXCHANGE TRADEDSCHRDRS TAX BD0.71%$1M68.7K
24VVISA INCCOM CL A0.69%$1M5.1K
25WISDOMTREE TRYIELD ENHANCD US0.61%$1M26.2K
26ALLIANCEBERNSTEIN GLOBAL HIGCOM0.58%$1M109.9K
27METAMETA PLATFORMS INCCL A0.57%$1M3.1K
28PIMCO ETF TRENHAN SHRT MA AC0.56%$1M10.7K
29HDHOME DEPOT INCCOM0.52%$991,0182.9K
30INVESCO EXCH TRADED FD TR IISR LN ETF0.49%$932,51344.0K
31CSCOCISCO SYS INCCOM0.49%$930,79118.4K
32KSSKOHLS CORPCOM0.49%$923,39332.2K

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 ↗.