1y return+22.0%S&P 500 +20.9%
3y return+70.6%S&P 500 +68.5%
5y return+63.4%S&P 500 +74.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2016: $304 against $334 in the S&P 500.2
Independent Advisor AllianceS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| NVDANvidia Corporation | $471.9M | 11.1% | +13.0% |
| AAPLApple Inc | $256.9M | 6.0% | +1.9% |
| ABCBAmeris Bancorp | $239.0M | 5.6% | |
| AMDAdvanced Micro Devices Inc | $166.3M | 3.9% | +9.7% |
| AMZNAmazon Com Inc | $132.0M | 3.1% | +2.8% |
| MSFTMicrosoft Corp | $115.9M | 2.7% | +1.3% |
| GOOGAlphabet Inc | $89.3M | 2.1% | |
| GOOGLAlphabet Inc | $85.7M | 2.0% | +1.7% |
| AVGOBroadcom Inc | $75.4M | 1.8% | −1.5% |
| MUMicron Technology Inc | $64.0M | 1.5% | +46.4% |
| BRK/BBerkshire Hathaway Inc Del | $63.3M | 1.5% | −1.9% |
| METAMeta Platforms Inc | $56.6M | 1.3% | −3.6% |
| TSLATesla Inc | $49.4M | 1.2% | +2.2% |
| LLYEli Lilly & Co | $49.4M | 1.2% | +4.5% |
| JPMJpmorgan Chase & Co | $44.2M | 1.0% | +3.1% |
| HDHome Depot Inc | $36.5M | 0.9% | +19.0% |
| Exxon Mobil CorpCUSIP 30231G102 | $34.4M | 0.8% | −12.0% |
| GLDSpdr Gold Tr | $33.5M | 0.8% | −42.5% |
| CATCaterpillar Inc | $33.4M | 0.8% | −2.3% |
| WMTWalmart Inc | $31.9M | 0.7% | +4.2% |
| SPYMSpdr Series Trust | $29.9M | 0.7% | −92.4% |
| INTCIntel Corp | $27.5M | 0.6% | +126.7% |
| VVisa Inc | $25.7M | 0.6% | −3.1% |
| JNJJohnson & Johnson | $25.5M | 0.6% | +8.7% |
| COSTCostco Wholesale Corporation | $23.0M | 0.5% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| NVDANvidia Corporation | June 30, 2020 | +2006.7% | $471.9M |
| AVGOBroadcom Inc | June 30, 2020 | +1096.9% | $75.4M |
| AMATApplied Matls Inc | June 30, 2020 | +1096.1% | $17.6M |
| AMDAdvanced Micro Devices Inc | June 30, 2020 | +1004.1% | $166.3M |
| PANWPalo Alto Networks Inc | June 30, 2020 | +790.9% | $19.6M |
| CATCaterpillar Inc | June 30, 2020 | +741.8% | $33.4M |
| TSMTaiwan Semiconductor Manufac | June 30, 2020 | +741.2% | $18.1M |
| LLYEli Lilly & Co | June 30, 2020 | +630.6% | $49.4M |
| GEVGe Vernova Inc | June 30, 2024 | +585.0% | $17.1M |
| LRCXLam Research Corp | December 31, 2024 | +499.9% | $19.8M |
Sold off last quarter
- CGGRCapital Group Growth Etf was $88.3M
- SPHQInvesco Exchange Traded Fd T was $79.6M
- JBNDJ P Morgan Exchange Traded F was $76.9M
- CGDVCapital Group Dividend Value was $74.1M
- SPTMSpdr Series Trust was $71.4M
- FDVVFidelity Covington Trust was $68.7M
- BUFRFirst Tr Exchng Traded Fd Vi was $43.3M
- GSYInvesco Actively Managed Exc was $40.4M
- SPIBSpdr Series Trust was $40.1M
- USFRWisdomtree Tr was $38.8M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +12.6% | +14.8% |
| March 31, 2026 | −1.9% | −4.6% |
| December 31, 2025 | +1.8% | +2.4% |
| September 30, 2025 | +8.5% | +7.8% |
| June 30, 2025 | +11.0% | +10.5% |
| March 31, 2025 | −3.6% | −4.6% |
| December 31, 2024 | +2.1% | +2.1% |
| September 30, 2024 | +5.9% | +5.4% |
| June 30, 2024 | +2.9% | +4.0% |
| March 31, 2024 | +8.0% | +10.0% |
| December 31, 2023 | +12.2% | +11.2% |
| September 30, 2023 | −3.2% | −3.6% |
| June 30, 2023 | +6.7% | +8.3% |
| March 31, 2023 | +5.0% | +7.0% |
| December 31, 2022 | +6.8% | +7.1% |
| September 30, 2022 | −5.2% | −5.3% |
| June 30, 2022 | −17.1% | −16.5% |
| March 31, 2022 | −5.0% | −4.9% |
| December 31, 2021 | +8.3% | +10.7% |
| September 30, 2021 | −1.2% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Independent Advisor Alliance Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1696899&type=13F-HR&dateb=&owner=include&count=40CIK 1696899
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1696899/000106299326004213/Filed August 12, 2026 · accession 0001062993-26-004213