Managers / Q1 2025 · view latest →
Independent Wealth Network Inc.
CIK 0001891240 · 2350 NW 128TH ST., URBANDALE, IA, 50323 · 515-461-5123
Summary
Independent Wealth Network Inc. reported $251M in U.S.-listed holdings across 245 positions for Q1 2025.
Its largest position, Spdr, represents 3.8% of the portfolio.
Compared with Q4 2024, the fund opened 18 new positions and exited 9.
Portfolio Metrics
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
Portfolio Composition
- ETP · 69.5% · $174M
- Common Stock · 27.8% · $70M
- Closed-End Fund · 1.9% · $5M
- MLP · 0.3% · $851,071
- PUBLIC · 0.2% · $613,482
- Other · 0.2% · $597,683
Quarter-over-Quarter Changes full breakdown →
vs Q4 2024 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| BRK/ABERKSHIRE HATHAWAY INC DEL | NEW | +2 | 2 | +$2M | $2M |
| INNOVATOR ETFS TRUST | NEW | +48.2K | 48.2K | +$1M | $1M |
| FIDELITY COVINGTON TRUST | NEW | +7.1K | 7.1K | +$350,257 | $350,257 |
| 4I1PHILIP MORRIS INTL INC | NEW | +1.7K | 1.7K | +$267,069 | $267,069 |
| DVNDEVON ENERGY CORP NEW | NEW | +6.5K | 6.5K | +$242,116 | $242,116 |
| BITOPROSHARES TR | NEW | +12.1K | 12.1K | +$221,229 | $221,229 |
| RSGREPUBLIC SVCS INC | NEW | +913 | 913 | +$221,175 | $221,175 |
| INTCINTEL CORP | NEW | +9.4K | 9.4K | +$214,310 | $214,310 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2025
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | SPDR SER TR | PORTFOLIO S&P500 · PRTFLO S&P500 GW · PRTFLO S&P500 VL · PORTFOLIO AGRGTE · PRTFLO S&P500 HI · BLOOMBERG 1-3 MO | 14.23% | $36M | 658.8K |
| 2 | ACWIISHARES TR | CORE LT USDB ETF · MSCI ACWI ETF · CRE U S REIT ETF · 0-5 YR TIPS ETF · FLTG RATE NT ETF · 0-3 MNTH TREASRY | 7.14% | $18M | 260.4K |
| 3 | J P MORGAN EXCHANGE TRADED F | ULTRA SHRT ETF · EQUITY PREMIUM · HIGH YIELD MUNI · JPMORGAN DIVER | 5.85% | $15M | 268.7K |
| 4 | PACER FDS TR | PAC ASSET FLTG · SWAN SOS FD OF · METAURUS CAP 400 | 3.63% | $9M | 236.5K |
| 5 | CATCATERPILLAR INChistory → | COM | 3.49% | $9M | 26.5K |
| 6 | VUGVANGUARD INDEX FDS | S&P 500 ETF SHS · GROWTH ETF | 2.07% | $5M | 11.6K |
| 7 | CHVCHEVRON CORP NEWhistory → | COM | 1.99% | $5M | 29.9K |
| 8 | AAPLAPPLE INChistory → | COM | 1.85% | $5M | 20.8K |
| 9 | BRK/BBERKSHIRE HATHAWAY INC DEL | CL B NEW · CL A | 1.69% | $4M | 5.0K |
| 10 | DFUSUSDDIMENSIONAL ETF TRUSThistory → | US EQUITY MARKET | 1.58% | $4M | 65.3K |
| 11 | FIRST TR EXCHNG TRADED FD VI | FT VEST US EQT · FT VEST LADDERED | 1.52% | $4M | 103.8K |
| 12 | MSFTMICROSOFT CORPhistory → | COM | 1.46% | $4M | 9.8K |
| 13 | COLLABORATIVE INVESTMNT SER | RAREVIEW DYNAMIC | 1.22% | $3M | 129.1K |
| 14 | GQ9SPDR GOLD TRhistory → | GOLD SHS | 1.21% | $3M | 10.5K |
| 15 | SLVISHARES SILVER TRhistory → | ISHARES | 1.16% | $3M | 93.9K |
| 16 | NDQINVESCO QQQ TRhistory → | UNIT SER 1 | 1.09% | $3M | 5.8K |
| 17 | NVDANVIDIA CORPORATIONhistory → | COM | 1.07% | $3M | 24.7K |
| 18 | AMZNAMAZON COM INC | COM | 0.98% | $2M | 12.9K |
| 19 | VANGUARD WHITEHALL FDS | HIGH DIV YLD | 0.96% | $2M | 18.7K |
| 20 | FIRST TR EXCH TRADED FD III | PFD SECS INC ETF | 0.80% | $2M | 114.6K |
| 21 | VVISA INC | COM CL A | 0.75% | $2M | 5.3K |
| 22 | PLTRPALANTIR TECHNOLOGIES INC | CL A | 0.74% | $2M | 21.9K |
| 23 | AMPLIFY ETF TR | HIGH INCOME | 0.72% | $2M | 159.2K |
| 24 | METAMETA PLATFORMS INC | CL A | 0.72% | $2M | 3.1K |
| 25 | SPDR S&P 500 ETF TR | TR UNIT | 0.58% | $1M | 2.6K |
| 26 | ALLIANCEBERNSTEIN GLOBAL HIG | COM | 0.57% | $1M | 133.9K |
| 27 | SELECT SECTOR SPDR TR | TECHNOLOGY | 0.57% | $1M | 7.0K |
| 28 | VANGUARD BD INDEX FDS | TOTAL BND MRKT | 0.55% | $1M | 18.8K |
| 29 | WISDOMTREE TR | YIELD ENHANCD US | 0.53% | $1M | 30.7K |
| 30 | KYNEURKAYNE ANDERSON ENERGY INFRST | COM | 0.53% | $1M | 103.5K |
| 31 | KRKROGER CO | COM | 0.52% | $1M | 19.1K |
| 32 | GLOBAL X FDS | NASDAQ 100 COVER | 0.50% | $1M | 75.8K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $337M | 301 | Apr 21, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $327M | 288 | Jan 26, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $311M | 283 | Oct 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $275M | 258 | Jul 16, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $251M | 245 | May 2, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $246M | 236 | Jan 17, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $226M | 222 | Oct 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $215M | 214 | Jul 18, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $213M | 223 | May 20, 2024 | RESTATEMENT | changes · EDGAR ↗ |
| Q4 2023 | $190M | 218 | Jan 12, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $163M | 201 | Oct 11, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $166M | 208 | Jul 12, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $156M | 200 | Apr 18, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $146M | 198 | Jan 25, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $128M | 176 | Oct 17, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $139M | 186 | Jul 26, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $158M | 201 | Apr 20, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $162M | 224 | Feb 10, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $153M | 212 | Nov 4, 2021 | 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 ↗.