Latest Independence Bank of Kentucky Stock Portfolio

Independence Bank of Kentucky Performance:

2025 Q2: 9.29%YTD: 5.99%2024: 12.91%

Performance for 2025 Q2 is 9.29%, and YTD is 5.99%, and 2024 is 12.91%.

About Independence Bank of Kentucky and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, Independence Bank of Kentucky reported an equity portfolio of $705.8 Millions as of 30 Jun, 2025.

The top stock holdings of Independence Bank of Kentucky are SPY, MSFT, JPM. The fund has invested 11.2% of it's portfolio in S&P 500 TR UTS UNIT 1 SER and 5.1% of portfolio in MICROSOFT CORP.

The fund managers got completely rid off DISCOVER FINL SVCS COMMON (DFS), AIR TRANSPORT SERVICES GROUP INC (ATSG) and VANGUARD RUSSELL 2000 GROWTH INDEX ETF (BNDW) stocks. They significantly reduced their stock positions in LULULEMON ATHLETICA INC (LULU), WOLFSPEED INC (WOLF) and FLEXSHARES MORNINGSTAR GLOBAL NATURAL RES ETF (ASET). Independence Bank of Kentucky opened new stock positions in AVANTIS INTERNATIONAL EQUITY ETF (AEMB), MONGODB, INC. - CLASS A (MDB) and WISDOMTREE U.S. QUALITY DIVIDEND GROWTH FUND ETF (JAMF). The fund showed a lot of confidence in some stocks as they added substantially to COCA-COLA CONSOLIDATED INC (COKE), ALPS ETF TR (ACES) and CAPITAL ONE FINANCIAL (COF).

Independence Bank of Kentucky Annual Return Estimates Vs S&P 500

Our best estimate is that Independence Bank of Kentucky made a return of 9.29% in the last quarter. In trailing 12 months, it's portfolio return was 10.81%.

New Buys

Ticker	$ Bought
avantis international equity etf	2,151,920
mongodb, inc. - class a	265,637
wisdomtree u.s. quality dividend growth fund etf	114,808
invesco senior loan etf	80,019
amphenol corp class a com	73,075
invesco bulletshares 2034 corp bd etf	70,322
ishares msci int'l quality factor etf	41,059
goldman sachs etf international equity	39,660

New stocks bought by Independence Bank of Kentucky

Additions

Ticker	% Inc.
coca-cola consolidated inc	900
alps etf tr	517
capital one financial	253
spdr gold tr	219
dow inc corp common	176
haleon plc	161
viper energy inc ordinary shares class a	154
marvell technology inc common	147

Additions to existing portfolio by Independence Bank of Kentucky

Reductions

Ticker	% Reduced
flexshares morningstar global natural res etf	-72.91
ulta salon cosmetics & fragrance inc	-63.73
novo-nordisk a s adr	-62.87
civitas resources inc	-50.86
first solar inc common	-44.59
ishares core dividend growth etf	-44.55
materials - spdr select sector etf	-37.07
constellation brands common	-36.81

Independence Bank of Kentucky reduced stake in above stock

Sold off

None of the stocks were completely sold off by Independence Bank of Kentucky

Sector Distribution

Independence Bank of Kentucky has about 35.2% of it's holdings in Others sector.

Sector	%
Others	35.2
Technology	17.5
Financial Services	10.3
Industrials	6.9
Consumer Cyclical	6.2
Healthcare	6.1
Communication Services	6
Consumer Defensive	5.9
Energy	2.4
Utilities	2.1

Market Cap. Distribution

Independence Bank of Kentucky has about 61.9% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MEGA-CAP	38.4
UNALLOCATED	35.2
LARGE-CAP	23.5
MID-CAP	1.7
SMALL-CAP	1.2

Stocks belong to which Index?

About 61.7% of the stocks held by Independence Bank of Kentucky either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	59.7
Others	38.3
RUSSELL 2000	2

Top 5 Winners (%)		%
AMPS	ishares msci eafe min vol factor etf	4214.6 %
CMP	compass minerals international inc	116.3 %
COIN	coin uw equity common	103.5 %
AMPS	ishares msci usa min vol factor etf	101.0 %
ELF	e.l.f. beauty inc	88.0 %

Top 5 Winners ($)		$
AMPS	ishares msci eafe min vol factor etf	9.9 M
MSFT	microsoft corp	8.7 M
SPY	s&p 500 tr uts unit 1 ser	7.5 M
NVDA	nvidia corp common	6.4 M
AMPS	ishares msci usa min vol factor etf	6.4 M

Top 5 Losers (%)		%
COKE	coca-cola consolidated inc	-90.4 %
WOLF	wolfspeed inc	-43.6 %
UNH	united health group inc	-40.4 %
OGN	organon & co corp com	-35.0 %
FTV	fortive corporation	-28.8 %

Top 5 Losers ($)		$
COKE	coca-cola consolidated inc	-5.8 M
AAPL	apple incorporated	-2.0 M
UNH	united health group inc	-1.8 M
CVX	chevron corporation	-1.0 M
PEP	pepsico inc	-0.7 M

Independence Bank of Kentucky Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Independence Bank of Kentucky

Independence Bank of Kentucky has 613 stocks in it's portfolio. About 37.6% of the portfolio is in top 10 stocks. COKE proved to be the most loss making stock for the portfolio. AMPS was the most profitable stock for Independence Bank of Kentucky last quarter.

Last Reported on: 17 Jul, 2025

	Ticker	Namesorted descending	% Portfolio	Shares Held	$ Value	Type	% Change
	SPY	s&p 500 tr uts unit 1 ser	11.18	127,697	78,897,600	reduced	-2.67
Historical Trend of S&P 500 TR UTS UNIT 1 SER Position Held By Independence Bank of Kentucky What % of Portfolio is SPY?: Number of SPY shares held: Change in No. of Shares Held:
	MSFT	microsoft corp	5.07	71,947	35,787,200	added	0.72

	JPM	jp morgan chase & co	3.79	92,242	26,741,900	reduced	-0.58

	AAPL	apple incorporated	3.47	119,431	24,503,700	added	1.68

	NVDA	nvidia corp common	2.94	131,138	20,718,500	added	2.21

	VB	vanguard total stock market etf	2.71	62,892	19,114,800	unchanged	0.00

	AMZN	amazon com inc	2.66	85,531	18,764,600	added	5.25

	GOOG	alphabet inc class a	2.29	91,576	16,138,400	added	2.06

	META	meta platform, inc.	1.86	17,765	13,112,200	added	0.78

	IJR	ishares tr msci eafe index	1.60	126,189	11,280,000	added	41.95

	V	visa inc	1.59	31,608	11,222,400	added	0.51

	VB	vanguard s&p 500 index etf	1.19	14,750	8,378,440	added	2.39

	LLY	lilly eli & co	1.14	10,328	8,050,990	added	24.18

	IJR	ishares russell midcap index	1.12	86,298	7,936,830	reduced	-2.2

	PG	procter & gamble co	1.11	49,169	7,833,600	reduced	-0.28

	VRT	vertiv holdings co cl a	1.08	59,114	7,590,830	added	12.02

	ORCL	oracle corp	1.02	32,817	7,174,780	reduced	-1.17

	HD	home depot inc	0.95	18,265	6,696,680	added	2.08

	JNJ	johnson & johnson	0.93	42,875	6,549,160	reduced	-3.44

	AMPS	ishares msci usa min vol factor etf	0.90	67,358	6,322,900	reduced	-0.4