# Independence Bank of Kentucky

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1730479. Source: https://holderbook.com/funds/1730479-independence-bank-of-kentucky/

- Reported value: $887.6M
- Positions: 589
- Weight of the ten largest: 37.2%
- Filed: 2026-07-13

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $94.8M | 126,901 | 10.7% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $33.0M | 113,982 | 3.7% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $31.1M | 83,304 | 3.5% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $30.4M | 92,790 | 3.4% | 31 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $30.4M | 84,951 | 3.4% | 31 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $28.3M | 141,669 | 3.2% | 26 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $23.3M | 62,906 | 2.6% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $22.9M | 96,122 | 2.6% | 31 |
| AMERICAN CENTY ETF TR | [AVDE](https://holderbook.com/stocks/AVDE/) | $18.6M | 208,983 | 2.1% | 5 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $17.2M | 14,360 | 1.9% | 31 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $15.3M | 45,817 | 1.7% | 13 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $13.3M | 127,608 | 1.5% | 31 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $13.2M | 19,262 | 1.5% | 31 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $11.9M | 20,483 | 1.3% | 13 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $10.6M | 31,033 | 1.2% | 31 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $10.3M | 18,198 | 1.2% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $10.0M | 39,479 | 1.1% | 31 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $9.5M | 85,740 | 1.1% | 31 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $8.5M | 33,967 | 1.0% | 31 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $8.3M | 27,712 | 0.9% | 31 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $8.0M | 21,226 | 0.9% | 31 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $7.9M | 3,982 | 0.9% | 13 |
| AMERICAN CENTY ETF TR | [AVEM](https://holderbook.com/stocks/AVEM/) | $7.8M | 81,226 | 0.9% | 4 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $7.8M | 6,736 | 0.9% | 10 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $7.7M | 52,509 | 0.9% | 31 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $6.7M | 40,508 | 0.8% | 31 |
| ISHARES TR | [OEF](https://holderbook.com/stocks/OEF/) | $6.5M | 17,669 | 0.7% | 8 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $6.4M | 40,656 | 0.7% | 31 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $6.3M | 88,081 | 0.7% | 31 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $6.2M | 8,439 | 0.7% | 31 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $6.2M | 17,550 | 0.7% | 31 |
| ISHARES TR | [USMV](https://holderbook.com/stocks/USMV/) | $6.2M | 63,882 | 0.7% | 27 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $5.9M | 52,400 | 0.7% | 31 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $5.5M | 15,695 | 0.6% | 31 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $5.5M | 39,901 | 0.6% | 31 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $5.4M | 7,196 | 0.6% | 24 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $5.1M | 37,438 | 0.6% | 31 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $5.0M | 34,161 | 0.6% | 31 |
| GENERAC HLDGS INC | [GNRC](https://holderbook.com/stocks/GNRC/) | $4.8M | 16,488 | 0.5% | 11 |
| ISHARES TR | [EEM](https://holderbook.com/stocks/EEM/) | $4.7M | 69,085 | 0.5% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $4.6M | 9,211 | 0.5% | 31 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $4.5M | 10,928 | 0.5% | 31 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $4.4M | 54,648 | 0.5% | 31 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $4.2M | 8,162 | 0.5% | 31 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $4.2M | 12,275 | 0.5% | 31 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $4.1M | 18,319 | 0.5% | 31 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $4.1M | 32,781 | 0.5% | 31 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $4.0M | 17,795 | 0.4% | 31 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $4.0M | 30,740 | 0.4% | 31 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $3.8M | 21,108 | 0.4% | 31 |
| SPDR SERIES TRUST | [SDY](https://holderbook.com/stocks/SDY/) | $3.7M | 24,517 | 0.4% | 11 |
| WISDOMTREE TR | [DON](https://holderbook.com/stocks/DON/) | $3.7M | 65,149 | 0.4% | 28 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $3.6M | 41,434 | 0.4% | 31 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $3.6M | 23,588 | 0.4% | 31 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $3.5M | 16,090 | 0.4% | 31 |
| SNOWFLAKE INC | [SNOW](https://holderbook.com/stocks/SNOW/) | $3.5M | 13,864 | 0.4% | 13 |
| STATE STR SPDR S&P MIDCAP 40 | [MDY](https://holderbook.com/stocks/MDY/) | $3.4M | 4,809 | 0.4% | 8 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $3.3M | 33,744 | 0.4% | 31 |
| ARES MANAGEMENT CORPORATION | [ARES](https://holderbook.com/stocks/ARES/) | $3.2M | 29,042 | 0.4% | 1 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $3.1M | 3,284 | 0.3% | 28 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $3.0M | 30,632 | 0.3% | 11 |
| QUANTA SVCS INC | [PWR](https://holderbook.com/stocks/PWR/) | $3.0M | 4,105 | 0.3% | 8 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $2.9M | 6,795 | 0.3% | 31 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $2.9M | 10,629 | 0.3% | 31 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $2.8M | 49,888 | 0.3% | 31 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $2.8M | 6,828 | 0.3% | 31 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $2.8M | 2,623 | 0.3% | 31 |
| PNC FINL SVCS GROUP INC | [PNC](https://holderbook.com/stocks/PNC/) | $2.8M | 11,304 | 0.3% | 31 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $2.8M | 7,540 | 0.3% | 31 |
| GENERAL DYNAMICS CORP | [GD](https://holderbook.com/stocks/GD/) | $2.7M | 7,750 | 0.3% | 31 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $2.7M | 29,469 | 0.3% | 31 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $2.6M | 49,649 | 0.3% | 31 |
| ISHARES TR | [DVY](https://holderbook.com/stocks/DVY/) | $2.4M | 15,570 | 0.3% | 31 |
| WILLIAMS COS INC | [WMB](https://holderbook.com/stocks/WMB/) | $2.4M | 32,566 | 0.3% | 13 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $2.4M | 39,417 | 0.3% | 31 |
| MONGODB INC | [MDB](https://holderbook.com/stocks/MDB/) | $2.3M | 6,962 | 0.3% | 5 |
| SYSCO CORP | [SYY](https://holderbook.com/stocks/SYY/) | $2.3M | 27,913 | 0.3% | 31 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $2.3M | 2,419 | 0.3% | 6 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $2.3M | 10,923 | 0.3% | 31 |
| VERTEX PHARMACEUTICALS INC | [VRTX](https://holderbook.com/stocks/VRTX/) | $2.2M | 4,504 | 0.3% | 13 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $2.2M | 7,065 | 0.3% | 31 |
| ISHARES TR | [IWV](https://holderbook.com/stocks/IWV/) | $2.2M | 5,094 | 0.2% | 31 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $2.2M | 7,259 | 0.2% | 24 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $2.2M | 30,063 | 0.2% | 31 |
| INTERCONTINENTAL EXCHANGE IN | [ICE](https://holderbook.com/stocks/ICE/) | $2.2M | 17,479 | 0.2% | 31 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $2.1M | 7,327 | 0.2% | 31 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $2.1M | 11,318 | 0.2% | 21 |
| AMERICAN CENTY ETF TR | [AVUV](https://holderbook.com/stocks/AVUV/) | $2.1M | 17,134 | 0.2% | 13 |
| J P MORGAN EXCHANGE TRADED F | [JMTG](https://holderbook.com/stocks/JMTG/) | $2.1M | 41,857 | 0.2% | 4 |
| ISHARES TR | [SOXX](https://holderbook.com/stocks/SOXX/) | $2.0M | 3,194 | 0.2% | 21 |
| REDDIT INC | [RDDT](https://holderbook.com/stocks/RDDT/) | $2.0M | 11,735 | 0.2% | 3 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $2.0M | 14,427 | 0.2% | 31 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $2.0M | 20,930 | 0.2% | 31 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $2.0M | 10,480 | 0.2% | 10 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $2.0M | 1,685 | 0.2% | 9 |
| SPOTIFY TECHNOLOGY S A | [SPOT](https://holderbook.com/stocks/SPOT/) | $2.0M | 4,303 | 0.2% | 3 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $1.9M | 7,052 | 0.2% | 31 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $1.9M | 1,866 | 0.2% | 31 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $1.9M | 2,602 | 0.2% | 31 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $1.8M | 6,020 | 0.2% | 31 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +12.5% | +14.8% | -2.3% | 100% |
| Q1 2026 | -2.7% | -4.6% | +2.0% | 100% |
| Q4 2025 | +2.2% | +2.4% | -0.1% | 100% |
| Q3 2025 | +7.1% | +7.8% | -0.7% | 100% |
| Q2 2025 | +8.8% | +10.5% | -1.6% | 100% |
| Q1 2025 | -2.9% | -4.6% | +1.7% | 100% |
| Q4 2024 | +0.2% | +2.1% | -1.9% | 100% |
| Q3 2024 | +5.7% | +5.4% | +0.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $887.6M | 589 |
| Q1 2026 | $789.4M | 623 |
| Q4 2025 | $803.9M | 724 |
| Q3 2025 | $778.0M | 623 |
| Q2 2025 | $705.8M | 615 |
| Q1 2025 | $639.6M | 613 |
| Q4 2024 | $649.8M | 623 |
| Q3 2024 | $465.1M | 586 |
| Q2 2024 | $377.2M | 539 |
| Q1 2024 | $333.9M | 517 |
| Q4 2023 | $284.6M | 519 |
| Q3 2023 | $236.7M | 481 |