Indie Asset Partners 13F annual report

Indie Asset Partners is an investment fund managing more than $125 billion ran by Grady Gaynor. There are currently 85 companies in Mr. Gaynor’s portfolio. The largest investments include Eli Lilly & Co and Apple Inc, together worth $62.9 billion.

Limited to 30 biggest holdings

$125 billion Assets Under Management (AUM)

As of 29th July 2024, Indie Asset Partners’s top holding is 60,698 shares of Eli Lilly & Co currently worth over $55 billion and making up 43.9% of the portfolio value. In addition, the fund holds 37,529 shares of Apple Inc worth $7.9 billion, whose value grew 17.1% in the past six months. The third-largest holding is Microsoft worth $4.24 billion and the next is Meta Platforms Inc worth $2.88 billion, with 5,703 shares owned.

Currently, Indie Asset Partners's portfolio is worth at least $125 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Indie Asset Partners

The Indie Asset Partners office and employees reside in Carmel, Indiana. According to the last 13-F report filed with the SEC, Grady Gaynor serves as the President at Indie Asset Partners.

Recent trades

In the most recent 13F filing, Indie Asset Partners revealed that it had opened a new position in J P Morgan Exchange Traded F and bought 24,322 shares worth $1.43 billion.

The investment fund also strengthened its position in Apple Inc by buying 1,297 additional shares. This makes their stake in Apple Inc total 37,529 shares worth $7.9 billion. Apple Inc dropped approximately 0.1% in the past year.

On the other hand, there are companies that Indie Asset Partners is getting rid of from its portfolio. Indie Asset Partners closed its position in Ishares Inc on 5th August 2024. It sold the previously owned 6,925 shares for $267 million. Grady Gaynor also disclosed a decreased stake in Eli Lilly & Co by approximately 0.1%. This leaves the value of the investment at $55 billion and 60,698 shares.

One of the smallest hedge funds

The two most similar investment funds to Indie Asset Partners are Integrated Capital Management, Inc and Horizons Wealth Management. They manage $125 billion and $125 billion respectively.


Grady Gaynor investment strategy

Indie Asset Partners’s portfolio is diversified across 11 sectors. Currently, their heaviest sector is Technology — making up 9.6% of the total portfolio value. The fund focuses on investments in the United States as 43.5% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 40% of the total holdings value. On the other hand, small-cap stocks make up only 3.5% of the portfolio. The average market cap of the portfolio companies is close to $311 billion.

The complete list of Indie Asset Partners trades based on 13F SEC filings

These positions were updated on August 5th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security Shares Owned Value Allocation
Eli Lilly & Co
6.59%
60,698
$54,954,889,000 43.85%
Apple Inc
3.58%
37,529
$7,904,318,000 6.31%
Microsoft Corporation
3.07%
9,496
$4,244,213,000 3.39%
Meta Platforms Inc
7.46%
5,703
$2,875,771,000 2.29%
Spdr Ser Tr
1.93%
64,570
$4,651,673,000 3.71%
Vanguard World Fd
4.86%
19,106
$2,437,320,000 1.95%
Amazon.com Inc.
10.65%
9,831
$1,899,841,000 1.52%
Atlas Energy Solutions Inc
5.92%
91,336
$1,820,326,000 1.45%
Schwab Strategic Tr
6.18%
49,752
$3,948,928,000 3.15%
Ishares Tr
11.04%
56,910
$4,309,416,000 3.44%
NVIDIA Corp
1,245.19%
12,026
$1,485,704,000 1.19%
JPMorgan Chase & Co.
172.37%
6,349
$1,284,092,000 1.02%
J P Morgan Exchange Traded F
53.95%
45,534
$2,270,070,000 1.81%
Invesco Exchange Traded Fd T
262.97%
23,368
$1,109,746,000 0.89%
Grayscale Bitcoin Tr Btc
No change
20,019
$1,065,812,000 0.85%
Alps Etf Tr
No change
20,775
$996,785,000 0.80%
Spdr S&p 500 Etf Tr
22.78%
1,687
$918,155,000 0.73%
Exxon Mobil Corp.
13.52%
7,702
$886,706,000 0.71%
Alphabet Inc
14.61%
7,571
$1,382,544,000 1.10%
Broadcom Inc
8.23%
539
$865,179,000 0.69%
Mcdonalds Corp
1.11%
2,926
$745,701,000 0.60%
Elevance Health Inc
9.53%
1,301
$705,222,000 0.56%
Visa Inc
11.45%
2,506
$657,750,000 0.52%
Spdr Gold Tr
9.54%
2,985
$641,805,000 0.51%
Grainger W W Inc
0.14%
706
$636,812,000 0.51%
Coca-Cola Co
0.67%
9,383
$597,207,000 0.48%
Cummins Inc.
4.63%
2,102
$582,160,000 0.46%
Berkshire Hathaway Inc.
3.88%
1,393
$566,672,000 0.45%
Pepsico Inc
21.45%
3,398
$560,435,000 0.45%
Texas Pacific Land Corporati
6.54%
715
$525,003,000 0.42%
Walmart Inc
13.38%
7,675
$519,696,000 0.41%
J P Morgan Exchange Traded F
Opened
24,322
$1,430,335,000 1.14%
Marathon Pete Corp
0.23%
2,650
$459,722,000 0.37%
Pfizer Inc.
2.60%
15,943
$446,099,000 0.36%
Dnp Select Income Fd Inc
No change
54,112
$444,801,000 0.35%
Vanguard Index Fds
81.17%
1,607
$429,858,000 0.34%
Novo-nordisk A S
30.41%
3,002
$428,505,000 0.34%
First Internet Bancorp
39.19%
15,659
$423,106,000 0.34%
Ishares Tr
Opened
761
$416,509,000 0.33%
Altria Group Inc.
0.20%
9,116
$415,247,000 0.33%
Caterpillar Inc.
0.08%
1,235
$411,525,000 0.33%
Tesla Inc
11.04%
2,062
$408,029,000 0.33%
First Tr Exchng Traded Fd Vi
Opened
33,444
$857,406,000 0.68%
Sherwin-Williams Co.
51.22%
1,301
$388,257,000 0.31%
Lam Research Corp.
7.39%
351
$373,730,000 0.30%
VanEck ETF Trust
0.89%
10,900
$369,837,000 0.30%
Abbvie Inc
29.35%
2,145
$367,908,000 0.29%
Lockheed Martin Corp.
3.40%
761
$355,593,000 0.28%
Chevron Corp.
0.35%
2,256
$352,811,000 0.28%
AMGEN Inc.
7.74%
1,128
$352,314,000 0.28%
Spdr Ser Tr
Opened
3,316
$344,047,000 0.27%
Unitedhealth Group Inc
17.60%
675
$343,901,000 0.27%
Qualcomm, Inc.
6.09%
1,689
$336,482,000 0.27%
Vanguard Specialized Funds
25.73%
1,767
$322,483,000 0.26%
Shell Plc
No change
4,365
$315,066,000 0.25%
Vanguard Index Fds
Opened
614
$307,133,000 0.25%
Home Depot, Inc.
4.87%
862
$296,735,000 0.24%
Service Corp Intl
No change
4,161
$295,972,000 0.24%
Procter And Gamble Co
20.12%
1,791
$295,454,000 0.24%
Bank America Corp
7.18%
7,404
$294,449,000 0.23%
Fedex Corp
0.92%
964
$289,177,000 0.23%
Johnson & Johnson
23.58%
1,970
$287,970,000 0.23%
Simon Ppty Group Inc New
29.34%
1,891
$287,002,000 0.23%
Global X Fds
9.29%
9,762
$282,597,000 0.23%
Ishares Inc
Closed
6,925
$266,613,000
Shopify Inc
0.63%
3,980
$262,879,000 0.21%
Fastenal Co.
6.02%
4,177
$262,483,000 0.21%
Costco Whsl Corp New
Opened
297
$252,447,000 0.20%
BWX Technologies Inc
16.11%
2,587
$245,735,000 0.20%
Legg Mason Etf Invt
Opened
8,271
$245,162,000 0.20%
International Business Machs
16.71%
1,411
$244,056,000 0.19%
Linde Plc.
Opened
541
$237,598,000 0.19%
First Tr Exchange-traded Fd
0.11%
2,817
$236,774,000 0.19%
Norfolk Southn Corp
Closed
900
$229,438,000
Capital Group Core Equity Et
Opened
6,789
$218,945,000 0.17%
Disney Walt Co
11.94%
2,184
$216,886,000 0.17%
Lowes Cos Inc
Opened
983
$216,733,000 0.17%
AT&T Inc.
6.28%
10,843
$207,217,000 0.17%
Nuscale Pwr Corp
7.01%
17,550
$205,160,000 0.16%
Advanced Micro Devices Inc.
Opened
1,238
$200,816,000 0.16%
Ishares U S Etf Tr
Opened
4,000
$200,600,000 0.16%
KeyCorp
No change
10,950
$155,600,000 0.12%
Kosmos Energy Ltd
11.68%
18,910
$104,761,000 0.08%
Medical Pptys Trust Inc
1.52%
12,721
$54,829,000 0.04%
Sirius XM Holdings Inc
No change
11,000
$31,130,000 0.02%
American Res Corp
No change
25,000
$18,280,000 0.01%
23andme Holding Co
1.54%
33,050
$12,929,000 0.01%
No transactions found
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