Managers / Q2 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 $275M in U.S.-listed holdings across 258 positions for Q2 2025.
Its largest position, Spdr Series, represents 4.2% of the portfolio.
Compared with Q1 2025, the fund opened 18 new positions and exited 5.
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 · 69.1% · $190M
- Common Stock · 28.3% · $78M
- Closed-End Fund · 1.8% · $5M
- MLP · 0.4% · $1M
- ADR · 0.2% · $629,529
- Other · 0.3% · $843,412
Quarter-over-Quarter Changes full breakdown →
vs Q1 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| FIRST TR EXCHANGE-TRADED FD | NEW | +89.2K | 89.2K | +$2M | $2M |
| INVESCO EXCH TRADED FD TR II | NEW | +2.8K | 2.8K | +$631,338 | $631,338 |
| BONDBLOXX ETF TRUST | NEW | +15.9K | 15.9K | +$615,957 | $615,957 |
| BONDBLOXX ETF TRUST | NEW | +12.0K | 12.0K | +$602,545 | $602,545 |
| WISDOMTREE TR | NEW | +7.1K | 7.1K | +$586,591 | $586,591 |
| XYZBLOCK INC | NEW | +3.9K | 3.9K | +$266,425 | $266,425 |
| APHAMPHENOL CORP NEW | NEW | +2.7K | 2.7K | +$266,131 | $266,131 |
| ORCLORACLE CORP | NEW | +1.2K | 1.2K | +$265,737 | $265,737 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2025
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | SPDR SERIES TRUST | PRTFLO S&P500 GW · PORTFOLIO S&P500 · PRTFLO S&P500 VL · PORTFOLIO AGRGTE · PRTFLO S&P500 HI · BLOOMBERG 1-3 MO | 14.27% | $39M | 672.6K |
| 2 | ACWIISHARES TR | CORE LT USDB ETF · MSCI ACWI ETF · CRE U S REIT ETF · 0-5 YR TIPS ETF · FLTG RATE NT ETF · US AER DEF ETF | 6.78% | $19M | 259.4K |
| 3 | J P MORGAN EXCHANGE TRADED F | ULTRA SHRT ETF · EQUITY PREMIUM · JPMORGAN DIVER | 4.42% | $12M | 218.0K |
| 4 | CATCATERPILLAR INChistory → | COM | 3.74% | $10M | 26.5K |
| 5 | PACER FDS TR | PAC ASSET FLTG · SWAN SOS FD OF | 2.50% | $7M | 172.6K |
| 6 | VUGVANGUARD INDEX FDS | S&P 500 ETF SHS · GROWTH ETF | 2.17% | $6M | 11.9K |
| 7 | MSFTMICROSOFT CORPhistory → | COM | 1.71% | $5M | 9.4K |
| 8 | DFUSUSDDIMENSIONAL ETF TRUSThistory → | US EQUITY MARKET | 1.69% | $5M | 69.4K |
| 9 | CHVCHEVRON CORP NEWhistory → | COM | 1.63% | $4M | 31.2K |
| 10 | NVDANVIDIA CORPORATIONhistory → | COM | 1.53% | $4M | 26.6K |
| 11 | FIRST TR EXCHNG TRADED FD VI | FT VEST US EQT · FT VEST LADDERED | 1.52% | $4M | 106.9K |
| 12 | AAPLAPPLE INChistory → | COM | 1.45% | $4M | 19.4K |
| 13 | BRK/BBERKSHIRE HATHAWAY INC DEL | CL B NEW · CL A | 1.39% | $4M | 4.9K |
| 14 | COLLABORATIVE INVESTMNT SER | RAREVIEW DYNAMIC | 1.30% | $4M | 150.3K |
| 15 | SLVISHARES SILVER TRhistory → | ISHARES | 1.23% | $3M | 103.2K |
| 16 | NDQINVESCO QQQ TRhistory → | UNIT SER 1 | 1.19% | $3M | 5.9K |
| 17 | AMZNAMAZON COM INChistory → | COM | 1.13% | $3M | 14.2K |
| 18 | PLTRPALANTIR TECHNOLOGIES INChistory → | CL A | 1.12% | $3M | 22.6K |
| 19 | GQ9SPDR GOLD TRhistory → | GOLD SHS | 1.06% | $3M | 9.5K |
| 20 | VANGUARD WHITEHALL FDS | HIGH DIV YLD | 0.89% | $2M | 18.5K |
| 21 | METAMETA PLATFORMS INC | CL A | 0.86% | $2M | 3.2K |
| 22 | FIRST TR EXCH TRADED FD III | PFD SECS INC ETF | 0.76% | $2M | 116.7K |
| 23 | VVISA INC | COM CL A | 0.72% | $2M | 5.6K |
| 24 | AMPLIFY ETF TR | HIGH INCOME | 0.70% | $2M | 163.9K |
| 25 | SELECT SECTOR SPDR TR | TECHNOLOGY | 0.67% | $2M | 7.3K |
| 26 | FIRST TR EXCHANGE-TRADED FD | VEST INVESTMENT | 0.66% | $2M | 89.2K |
| 27 | SPDR S&P 500 ETF TR | TR UNIT | 0.64% | $2M | 2.8K |
| 28 | GLOBAL X FDS | NASDAQ 100 COVER | 0.63% | $2M | 103.3K |
| 29 | INNOVATOR ETFS TRUST | EQUITY DEFINED P | 0.58% | $2M | 64.9K |
| 30 | VANGUARD BD INDEX FDS | TOTAL BND MRKT | 0.55% | $2M | 20.5K |
| 31 | ALLIANCEBERNSTEIN GLOBAL HIG | COM | 0.54% | $1M | 134.5K |
| 32 | KRKROGER CO | COM | 0.50% | $1M | 19.3K |
| 33 | WISDOMTREE TR | YIELD ENHANCD US | 0.49% | $1M | 31.0K |
| 34 | KYNEURKAYNE ANDERSON ENERGY INFRST | COM | 0.48% | $1M | 103.4K |
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 ↗.