INDEPENDENT INVESTORS INC

CIK 1121908 · View on SEC EDGAR ↗

Portfolio value
$523.6M
#3,667 of 9,443 by 13F value · top 38.8%
Positions
73
As of
June 30, 2026

Portfolio value QoQ: +4.0% 13F does not disclose cash

Top 10 holdings weight
77.08%
Top 25 holdings weight
89.99%
Positions above 1%
14
Effective number of positions
3.0

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 0.46% Est. buys $2,355,066 · sells $34,282,317

Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 94.8% still held

New positions
4
Increased
0
Decreased
43
Closed
1
On this page

Performance vs S&P 500

Tracked Q4 2024–Q2 2026
+16.5%
S&P 500 total return (same window)
+28.1%
Excess return
-11.6%

Annualized: +10.8% · S&P 500: +18.0%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 97.9% · Options excluded: 0.0%

Sector breakdown

Technology
64.3%
Healthcare
10.6%
Industrials
7.4%
Financials
3.7%
Energy
1.9%
Financial Services
1.7%
Communication Services
1.6%
Consumer products
1.5%
Consumer Discretionary
1.3%
Retail
1.2%
Consumer Staples
0.8%
Logistics & Transportation
0.5%
Real Estate
0.4%
Materials
0.3%
Communications
0.1%
Other/Unmapped
2.6%

Full portfolio 73 positions

Type Streak 8Q trend
AAPL Apple Inc. - Common Stock $297,457,161 56.81% 1,027,983 $23,091,644 Down ×6
MSFT Microsoft Corporation - Common Stock $19,415,691 3.71% 52,050 $-684,540 Down ×1
JNJ Johnson & Johnson Common Stock $17,868,313 3.41% 70,356 $474,940 Down ×2
JPM JP Morgan Chase & Co. Common Stock $17,742,595 3.39% 54,204 $1,327,290 Down ×2
AMGN Amgen Inc. - Common Stock $10,565,213 2.02% 29,176 $194,082 Down ×2
ABBV AbbVie Inc. Common Stock $10,134,549 1.94% 40,274 $418,401 Down ×2
XOM Exxon Mobil Corporation Common Stock $8,018,491 1.53% 58,649 $-2,339,082 Down ×2
WAT Waters Corporation Common Stock $7,749,452 1.48% 20,663 $-41,889 Down ×1
NVDA NVIDIA Corporation - Common Stock $7,655,443 1.46% 38,260 $929,707 Down ×1
EMR Emerson Electric Company Common Stock $6,999,462 1.34% 48,896 $593,108
BA Boeing Company (The) Common Stock $6,376,557 1.22% 29,457 $334,603 Down ×1
BRKB $6,293,405 1.20% 12,577 $-840,445 Down ×2
QCOM QUALCOMM Incorporated - Common Stock $6,207,466 1.19% 33,592 $1,791,342 Down ×1
NSC Norfolk Southern Corporation Common Stock $5,353,378 1.02% 17,017 $325,999 Down ×1
PG Procter & Gamble Company (The) Common Stock $5,193,256 0.99% 35,415 $-598,066 Down ×6
DOV Dover Corporation Common Stock $4,575,312 0.87% 20,400 $322,932
HON Honeywell International Inc. - Common Stock $4,561,515 0.87% 20,373 $-4,830,032 Down ×2
MCD McDonald's Corporation Common Stock $4,491,471 0.86% 16,616 $-828,011 Down ×2
ORCL Oracle Corporation Common Stock $4,381,845 0.84% 29,900 $-16,744
DIS Walt Disney Company (The) Common Stock $4,194,190 0.80% 43,576 $-49,036 Down ×2
AXP American Express Company Common Stock $3,720,750 0.71% 11,000 $90,990 Down ×1
GS Goldman Sachs Group, Inc. (The) Common Stock $3,529,681 0.67% 3,490 $450,277 Down ×1
UNP Union Pacific Corporation Common Stock $3,030,080 0.58% 11,140 $205,983 Down ×1
KO Coca-Cola Company (The) Common Stock $2,884,760 0.55% 35,496 $185,289
LHX L3Harris Technologies, Inc. Common Stock $2,832,962 0.54% 9,749 $-531,905
NVS Novartis AG Common Stock $2,805,288 0.54% 17,900 $71,063
GOOG Alphabet Inc. - Class C Capital Stock $2,752,441 0.53% 7,790 $87,512 Down ×1
UPS United Parcel Service, Inc. Common Stock $2,583,010 0.49% 24,028 $219,135
ABT Abbott Laboratories Common Stock $2,526,202 0.48% 27,840 $-1,004,619 Down ×4
NKE Nike, Inc. Common Stock $2,463,000 0.47% 60,000 $-706,200
CL Colgate-Palmolive Company Common Stock $2,460,049 0.47% 26,833 $70,796 Down ×1
COST Costco Wholesale Corporation - Common Stock $2,259,160 0.43% 2,415 $-595,612 Down ×2
HHH Howard Hughes Holdings Inc. Common Stock $2,047,259 0.39% 28,637 $235,682
HD Home Depot, Inc. (The) Common Stock $1,769,043 0.34% 5,016 $-204,626 Down ×2
GOOGL Alphabet Inc. - Class A Common Stock $1,579,575 0.30% 4,420 $-122,780 Down ×2
IVV $1,577,162 0.30% 2,106 $201,502
URI United Rentals, Inc. Common Stock $1,501,079 0.29% 1,325 $535,737
BMY Bristol-Myers Squibb Company Common Stock $1,465,738 0.28% 25,438 $-137,727 Down ×2
SPY SPY $1,435,292 0.27% 1,922 $152,822 Down ×1
BAC Bank of America Corporation Common Stock $1,400,568 0.27% 24,580 $202,293
MS Morgan Stanley Common Stock $1,365,658 0.26% 6,533 $249,380 Down ×2
GE GE Aerospace Common Stock $1,249,006 0.24% 3,342 $81,576 Down ×2
Unknown issuer (CUSIP: 43849R105) $1,187,863 0.23% 5,373 Up ×1
PEP PepsiCo, Inc. - Common Stock $1,118,810 0.21% 8,263 $-1,709,487 Down ×2
GEV GE Vernova Inc. Common Stock $1,065,598 0.20% 907 $196,190 Down ×2
BABA Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share $969,398 0.19% 10,100 $-297,748
CRWD CrowdStrike Holdings, Inc. - Class A Common Stock $950,109 0.18% 1,245 $454,288 Down ×2
SYK Stryker Corporation Common Stock $944,520 0.18% 3,000 $-41,250
UNH UnitedHealth Group Incorporated Common Stock (DE) $926,855 0.18% 2,230 $228,733 Down ×2
CVX Chevron Corporation Common Stock $901,734 0.17% 5,440 $-461,737 Down ×2
SOLS Solstice Advanced Materials Inc. - Common Stock $897,429 0.17% 10,129 $110,772 Down ×2
LOW Lowe's Companies, Inc. Common Stock $837,862 0.16% 3,800 $-60,002
JEPI $804,896 0.15% 14,251 $-57,263 Down ×1
Unknown issuer (CUSIP: 71531T105) $747,600 0.14% 20,000 Up ×1
CSCO Cisco Systems, Inc. - Common Stock $723,554 0.14% 6,160 $112,921 Down ×2
IBM International Business Machines Corporation Common Stock $660,844 0.13% 2,350 $91,227
PCT PureCycle Technologies, Inc. - Common stock $653,398 0.12% 80,567 $235,255
UBER Uber Technologies, Inc. Common Stock $640,781 0.12% 8,880 $-9,466 Down ×2
KMI Kinder Morgan, Inc. Common Stock $595,154 0.11% 18,616 $-29,040
AMZN Amazon.com, Inc. - Common Stock $574,399 0.11% 2,410 $61,013 Down ×2
JEPQ JPMorgan Nasdaq Equity Premium Income ETF $516,879 0.10% 8,410 $10,537 Down ×1
ETN Eaton Corporation, PLC Ordinary Shares $511,344 0.10% 1,200 $82,140
V Visa Inc. $473,464 0.09% 1,380 $56,373
IJK $329,000 0.06% 2,800 $47,264
MRK Merck & Company, Inc. Common Stock (new) $321,250 0.06% 2,500 $20,525
QQQ Invesco QQQ Trust, Series 1 $282,041 0.05% 383 $60,981
PFE Pfizer, Inc. Common Stock $280,532 0.05% 11,650 $-63,448 Down ×1
APD Air Products and Chemicals, Inc. Common Stock $218,712 0.04% 746 $2,006
VWO $217,869 0.04% 3,650 Up ×1
INDA $207,932 0.04% 4,210 $-8,469 Down ×2
SLB SLB Limited Common Shares $205,718 0.04% 4,425 $-21,683
SEG Seaport Entertainment Group Inc. Common Stock $201,734 0.04% 7,584
METV $184,500 0.04% 10,000 $25,200

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
Unknown issuer (CUSIP: 43849R105) $1,187,863 5,373 0.23%
Unknown issuer (CUSIP: 71531T105) $747,600 20,000 0.14%
VWO $217,869 3,650 0.04%
SEG $201,734 7,584 0.04%

Top movers (QoQ)

Security Action Shares Δ Value Δ
AAPL Trimmed -53K +$23.1M
HON Trimmed -21K -$4.8M
XOM Trimmed -2K -$2.3M
QCOM Trimmed -700 +$1.8M
PEP Trimmed -10K -$1.7M
JPM Trimmed -2K +$1.3M
ABT Trimmed -7K -$1.0M
NVDA Trimmed -305 +$930K
BRKB Trimmed -2K -$840K
MCD Trimmed -500 -$828K

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
KVUE June 30, 2026 38,249 $659,413 -0.9%
BLK March 31, 2026 225 $240,827 20.3%
MRK June 30, 2025 2,500 $224,400 91.6%
MDLZ June 30, 2025 3,300 $223,905 -4.9%
SEG March 31, 2025 7,680 $214,656 26.9%
TLN Dec. 31, 2025 500 $212,690 -15.8%
APD Dec. 31, 2025 746 $203,449 22.9%
SLB June 30, 2025 4,800 $200,640 59.2%