Independent Investors portfolio
Concentrated managerInvestment firmPortfolio as of Sep 30, 2026 (Q3 2026) · filed with the SEC on Oct 30, 2026 · data updated on Nov 5, 2026 · Q3 2026 13F (filing) ↗ · all its 13F filings ↗
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
Independent Investors reported a $566M portfolio of 71 companies (72 positions, counting each share class separately) to the SEC as of the end of Q3 2026. Its largest positions are AAPL, MSFT, JNJ.
Sections with a free account
What changed this quarter
15 positions with a change (1 new, 4 added to, 8 trimmed, 2 sold). 1 is listed here: those of 0.5 points of the portfolio or more (up to 12).
- Apple−3.6%fewer sharesReduced56.8% → 58.3%
The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight: what it bought or sold, excluding price effects.
Top holdings
- AppleAAPL58.3%
- MicrosoftMSFT4.7%
- Johnson & JohnsonJNJ3.3%
- JPMorgan ChaseJPM3.1%
- AmgenAMGN2.2%
- AbbVieABBV1.9%
- Exxon MobilXOM1.7%
- WatersWAT1.6%
- NVIDIANVDA1.6%
- Emerson ElectricEMR1.3%
- Berkshire HathawayBRK/B1.1%
- QualcommQCOM1.1%
- BoeingBA1.0%
- Norfolk SouthernNSC0.9%
- Procter & GamblePG0.9%
“Since”: first quarter of the current run, unbroken until today. In the details, prices are the quarter-end prices of the quarters in which it added shares, per the 13F. The manager may have bought at any price within each quarter; the SEC only publishes the value at quarter end.
Portfolio by sector
- ● Information Technology 67%
- ● Health Care 11%
- ● Industrials 7%
- ● Financials 6%
- ● Consumer Staples 2%
- ● Energy 2%
- ● Consumer Discretionary 2%
- ● Communication Services 2%
- ● No sector 1%
How its portfolio changed (8 quarters)
Q3 2026: 72
Q3 2026: 80%
Q3 2026: 1.4%
Traded turnover: the weight it bought plus the weight it sold in the quarter, divided by two, excluding price moves. The plain “turnover” in the header does include that effect. With a free account: the full history and sectors over time.
Stakes above 5% (13D/13G)
Companies where this filer reported holding 5% or more of the shares. It is the figure from its latest filing on each one; history since December 2024.
How we classify it
Investment firm, per its Form ADV of Sep 22, 2026 (medium confidence).
The data, as reported: INDEPENDENT INVESTORS INC (CRD 105677): 5.D assets by client type: charities 49%, high net worth 49% (of $572M); 5.F 149 accounts, 7% non-discretionary; 5.D 100 clients, 96 individuals; no financial planning, adviser selection or non-discretionary assets: discretionary accounts
The type comes from a rule applied to that data. If it looks wrong, tell us.
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