Institutional Manager · CIK 0001891240

Independent Wealth Network Inc.

URBANDALE, IA · File #028-21395

Latest AUM

$327.4M

Positions

288

Top-10 Concentration

44.8%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
NEW	TIDAL TRUST III	45259A548	+56,931	+$1.6M	$0
ADD	SELECT SECTOR SPDR TR	81369Y803	+6,949	+$1.0M	-$915,820
ADD	BONDBLOXX ETF TRUST	09789C879	+20,060	+$894,275	+$8,756
EXITED	INNOVATOR ETFS TRUST	45783Y756	-21,808	-$779,418	$0
ADD	SELECT SECTOR SPDR TR	81369Y506	+13,712	+$613,062	-$607,724
ADD	COLLABORATIVE INVESTMNT SER	19423L722	+25,089	+$599,877	-$70,923
REDUCE	FIRST TR EXCHNG TRADED FD VI	33740F755	-17,350	-$594,411	+$53,495
EXITED	SALESFORCE INC	79466L302	-2,507	-$594,159	$0
ADD	NETFLIX INC	NFLX	+6,277	+$588,563	-$564,734
ADD	ISHARES TR	464289479	+10,458	+$519,754	-$89,872

Sector Allocation

Technology

7.0%$23.1M

Financials

7.0%$22.9M

Industrials

5.0%$16.4M

Consumer Discretionary

2.3%$7.4M

Energy

2.0%$6.7M

Consumer Staples

1.6%$5.2M

Communication Services

1.1%$3.5M

Materials

0.9%$3.1M

Healthcare

0.8%$2.8M

Utilities

0.2%$648,165

Filing History

Jan 26, 202613F HOLDINGS REPORTQ/E Dec 2025288 pos · $327.4M
Oct 15, 202513F HOLDINGS REPORTQ/E Sep 2025283 pos · $311.1M
Jul 16, 202513F HOLDINGS REPORTQ/E Jun 2025258 pos · $274.9M
May 2, 202513F HOLDINGS REPORTQ/E Mar 2025245 pos · $250.7M
Jan 17, 202513F HOLDINGS REPORTQ/E Dec 2024236 pos · $246.5M
Oct 15, 202413F HOLDINGS REPORTQ/E Sep 2024222 pos · $226.3M
Jul 18, 202413F HOLDINGS REPORTQ/E Jun 2024214 pos · $214.9M
May 20, 202413F HOLDINGS REPORT (Amended)Q/E Mar 2024223 pos · $213.4M
Apr 11, 202413F HOLDINGS REPORTQ/E Mar 202439 pos · $38.2M
Oct 11, 202313F HOLDINGS REPORTQ/E Dec 2023201 pos · $162.6M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	CATERPILLAR INC	CAT	26,098	$15.0M	7.52%
2	SPDR SERIES TRUST	78464A409	124,250	$13.3M	6.66%
3	SPDR SERIES TRUST	78464A854	152,138	$12.2M	6.14%
4	J P MORGAN EXCHANGE TRADED F	46641Q837	198,406	$10.0M	5.05%
5	SPDR SERIES TRUST	78464A508	152,032	$8.6M	4.34%
6	ISHARES SILVER TR	SLV	110,259	$7.1M	3.57%
7	ISHARES TR	464288257	44,595	$6.3M	3.17%
8	ISHARES TR	464289479	124,108	$6.2M	3.10%
9	APPLE INC	AAPL	19,607	$5.3M	2.68%
10	COLLABORATIVE INVESTMNT SER	19423L722	214,225	$5.1M	2.57%
11	NVIDIA CORPORATION	NVDA	27,322	$5.1M	2.56%
12	DIMENSIONAL ETF TRUST	25434V401	68,521	$5.1M	2.55%
13	CHEVRON CORP NEW	CVX	32,376	$4.9M	2.48%
14	SPDR SERIES TRUST	78464A649	189,497	$4.9M	2.45%
15	MICROSOFT CORP	MSFT	9,819	$4.7M	2.39%
16	SPDR SERIES TRUST	78468R788	95,584	$4.1M	2.08%
17	VANGUARD INDEX FDS	922908363	6,576	$4.1M	2.07%
18	INVESCO QQQ TR	IVZ	6,506	$4.0M	2.01%
19	SPDR GOLD TR	GLD	9,970	$4.0M	1.99%
20	PACER FDS TR	69374H428	83,382	$3.9M	1.98%