Independence Asset Advisors, LLC
- SEC CIK
- 0002010929
- Latest filing
- Jul 15, 2026
The latest 13F from Independence Asset Advisors, LLC covers Q2 2026 (filed Jul 15, 2026): 25 long positions worth $383.9M. The top 10 holdings make up 96.4% of the portfolio, and the largest is VanEck ETF Trust at 26.2%. Livermore has 11 filings on Form 13F from this institution, going back to Q4 2023.
What changed in Q2 2026
Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.
- New
- 3
- Est. +$2.47M
- Added
- 17
- Est. +$86.4M
- Reduced
- 2
- Est. −$96.1K
- Sold out
- 2
- Est. −$1.77M
Top 5 holdings
Share of this quarter's portfolio value
- VanEck ETF Trust92189H74826.2%$100.6M
- Vanguard Morningstar Total Stock Market ETF92290876923.6%$90.7M
- Invesco S&P 500 Quality ETF46137V24123.1%$88.5M
- VanEck ETF Trust92189H65612.2%$46.9M
- J P Morgan Exchange Traded F46654Q7163.9%$14.9M
Biggest buys
New and added positions, by estimated amount bought
- Vanguard Morningstar Total Stock Market ETF922908769+$72.4MAdded
- J P Morgan Exchange Traded F46641Q159+$9.19MAdded
- BRK.BBerkshire Hathaway Inc
- VanEck ETF Trust92189H748+$1.94MAdded
- VanEck ETF Trust92189H656+$885.7KAdded
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- Vanguard Morningstar Total Stock Market ETF922908769+17.90 pp5.7% → 23.6%
- J P Morgan Exchange Traded F46641Q159+2.36 pp0.1% → 2.5%
- BRK.BBerkshire Hathaway Inc
- Vanguard Fixed Income Secs F922031687+0.11 pp0.1% → 0.2%
- J P Morgan Exchange Traded F46641Q647+0.06 pp0.0% → 0.1%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- Natixis ETF Trust II63875W406−$1.03MSold out
- Vanguard Intermediate-Term Corporate Bond ETF92206C870−$740.0KSold out
- Vanguard Malvern FDS922020722−$49.6KReduced
- Vanguard Whitehall FDS921946794−$46.5KReduced
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- Natixis ETF Trust II63875W406−0.37 pp0.4% → 0.0%
- Vanguard Intermediate-Term Corporate Bond ETF92206C870−0.27 pp0.3% → 0.0%
- Vanguard Whitehall FDS921946794−0.05 pp0.2% → 0.1%
- Vanguard Malvern FDS922020722−0.05 pp0.1% → 0.1%
Metrics
13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $383.9M
- +$107.3M (+38.8%) vs. prior quarter
- Positions
- 25
- +1 vs. prior quarter
- Top 10 concentration
- 96.4%
- Top 10 as share of value
- Turnover
- 0.6%
- Q2 2026, one quarter
- Average holding period
- 4.6 quarters
- Weighted by value
How these are calculated
- Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
- Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
- Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
- Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q4 2023), so positions held before then are understated.
13F filings by quarter
11 quarters, going back to Q4 2023. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.
Peak $383.9M (Q2 2026)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Jul 15, 2026 | 25 | $383.9M | VanEck ETF TrustVanguard Morningstar Total Stock Market ETFInvesco S&P 500 Quality ETF | vs. Q1 2026 | SEC |
| Q1 2026 | Apr 22, 2026 | 24 | $276.6M | VanEck ETF TrustInvesco S&P 500 Quality ETFVanEck ETF Trust | vs. Q4 2025 | SEC |
| Q4 2025 | Feb 2, 2026 | 18 | $181.4M | VanEck ETF TrustVanEck ETF TrustJ P Morgan Exchange Traded F | vs. Q3 2025 | SEC |
| Q3 2025 | Nov 3, 2025 | 19 | $235.7M | VanEck ETF TrustiShares Russell 1000 Value ETFVanEck ETF Trust | vs. Q2 2025 | SEC |
| Q2 2025 | Jul 29, 2025 | 17 | $160.7M | iShares Russell 1000 Value ETFVanEck ETF TrustVanEck ETF Trust | vs. Q1 2025 | SEC |
| Q1 2025 | Apr 23, 2025 | 13 | $30.8M | VanEck ETF TrustVanguard Intermediate-Term Corporate Bond ETFVanguard Scottsdale FDS | vs. Q4 2024 | SEC |
| Q4 2024 | Jan 28, 2025 | 9 | $21.6M | Vanguard Scottsdale FDSVanguard Intermediate-Term Corporate Bond ETFPacer FDS Tr | vs. Q3 2024 | SEC |
| Q3 2024 | Oct 16, 2024 | 6 | $5.05M | Vanguard Intermediate-Term Corporate Bond ETFVanguard Scottsdale FDSPacer FDS Tr | vs. Q2 2024 | SEC |
| Q2 2024 | Jul 16, 2024 | 5 | $4.17M | Vanguard Intermediate-Term Corporate Bond ETFVanguard Scottsdale FDSVanguard Morningstar Mid-Cap Growth ETF | vs. Q1 2024 | SEC |
| Q1 2024 | Apr 16, 2024 | 5 | $4.15M | Vanguard Intermediate-Term Corporate Bond ETFVanguard Scottsdale FDSVanguard Morningstar Mid-Cap Growth ETF | vs. Q4 2023 | SEC |
| Q4 2023 | Feb 7, 2024 | 5 | $3.95M | Vanguard Intermediate-Term Corporate Bond ETFVanguard Scottsdale FDSVanguard Morningstar Mid-Cap Growth ETF | – | SEC |