INDEPENDENCE BANK OF KENTUCKY

Filed: 7/7/2023ACC: 0001730479-23-000003

📋 What this filing means

INDEPENDENCE BANK OF KENTUCKY filed this quarterly 13F‑HR report disclosing 514 equity positions with a total reported market value of $246.68M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

514

Positions

$246.68M

Total AUM (reported)

2.64M

Total Shares

Allocation by class

COM$123.96M50.3%

TR UNIT$12.95M5.2%

CL A$7.34M3.0%

S&P 500 ETF SHS$7.30M3.0%

CAP STK CL A$6.00M2.4%

MSCI EAFE ETF$5.85M2.4%

RUS MID CAP ETF$4.60M1.9%

Portfolio Concentration

Top 3$33.02M13.4%

4–10$35.67M14.5%

11–25$45.41M18.4%

Rest$132.58M53.7%

Top 3 weight

13.4%

Top 10 weight

27.8%

Voting Authority Distribution

Total shares with voting rights: 2.64M

Sole

Full voting authority

2.64M

% of voting shares100.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

0.00

% of voting shares0.0%

Investment Discretion (by position count)

Sole514

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings514

Rows:

S&P 500 Tr UTS Unit 1 Ser

SOLE

TR UNIT

Shares29.20K

TypeSH

Market value$12.95M

5.25%

Sole

29.20K

Shared

0.00

None

0.00

Apple Incorporated

SOLE

COM

Shares65.84K

TypeSH

Market value$12.77M

5.18%

Sole

65.84K

Shared

0.00

None

0.00

Vanguard S&P 500 Index ETF

SOLE

S&P 500 ETF SHS

Shares17.92K

TypeSH

Market value$7.30M

2.96%

Sole

17.92K

Shared

0.00

None

0.00

Alphabet Inc Class A

SOLE

CAP STK CL A

Shares50.13K

TypeSH

Market value$6.00M

2.43%

Sole

50.13K

Shared

0.00

None

0.00

Ishares Tr MSCI EAFE Index

SOLE

MSCI EAFE ETF

Shares80.76K

TypeSH

Market value$5.85M

2.37%

Sole

80.76K

Shared

0.00

None

0.00

Microsoft Corp

SOLE

COM

Shares16.23K

TypeSH

Market value$5.53M

2.24%

Sole

16.23K

Shared

0.00

None

0.00

Amazon Com Inc

SOLE

COM

Shares38.98K

TypeSH

Market value$5.08M

2.06%

Sole

38.98K

Shared

0.00

None

0.00

Ishares Russell Midcap Index

SOLE

RUS MID CAP ETF

Shares62.97K

TypeSH

Market value$4.60M

1.86%

Sole

62.97K

Shared

0.00

None

0.00

J P Morgan Chase & Co

SOLE

COM

Shares29.96K

TypeSH

Market value$4.36M

1.77%

Sole

29.96K

Shared

0.00

None

0.00

Procter & Gamble Co

SOLE

COM

Shares28K

TypeSH

Market value$4.25M

1.72%

Sole

28K

Shared

0.00

None

0.00

Russell 2000 Index Fund

SOLE

RUSSELL 2000 ETF

Shares21.74K

TypeSH

Market value$4.07M

1.65%

Sole

21.74K

Shared

0.00

None

0.00

Visa Inc

SOLE

COM CL A

Shares16.20K

TypeSH

Market value$3.85M

1.56%

Sole

16.20K

Shared

0.00

None

0.00

Meta Platform, Inc.

SOLE

CL A

Shares13.38K

TypeSH

Market value$3.84M

1.56%

Sole

13.38K

Shared

0.00

None

0.00

Johnson & Johnson

SOLE

COM

Shares22.26K

TypeSH

Market value$3.69M

1.49%

Sole

22.26K

Shared

0.00

None

0.00

Exxon Mobil Corp

SOLE

COM

Shares29.16K

TypeSH

Market value$3.13M

1.27%

Sole

29.16K

Shared

0.00

None

0.00

Lowes Cos Inc

SOLE

COM

Shares13.34K

TypeSH

Market value$3.01M

1.22%

Sole

13.34K

Shared

0.00

None

0.00

Flexshares Morningstar Global Natural Res ETF

SOLE

MORNSTAR UPSTR

Shares74.72K

TypeSH

Market value$2.99M

1.21%

Sole

74.72K

Shared

0.00

None

0.00

Chevron Corporation

SOLE

COM

Shares18.80K

TypeSH

Market value$2.96M

1.20%

Sole

18.80K

Shared

0.00

None

0.00

Salesforce Common Inc

SOLE

COM

Shares13.40K

TypeSH

Market value$2.83M

1.15%

Sole

13.40K

Shared

0.00

None

0.00

Pfizer Inc

SOLE

COM

Shares75.38K

TypeSH

Market value$2.77M

1.12%

Sole

75.38K

Shared

0.00

None

0.00

United Parcel Service

SOLE

CL B

Shares14.68K

TypeSH

Market value$2.63M

1.07%

Sole

14.68K

Shared

0.00

None

0.00

Ishares MSCI Emerging Mkts Index Fund

SOLE

MSCI EMG MKT ETF

Shares66.38K

TypeSH

Market value$2.63M

1.06%

Sole

66.38K

Shared

0.00

None

0.00

Pepsico Inc

SOLE

COM

Shares12.99K

TypeSH

Market value$2.41M

0.98%

Sole

12.99K

Shared

0.00

None

0.00

Ishares Trust Pfd & Income Securities ETF

SOLE

PFD AND INCM SEC

Shares76.03K

TypeSH

Market value$2.35M

0.95%

Sole

76.03K

Shared

0.00

None

0.00

Vanguard Small Cap ETF

SOLE

SMALL CP ETF

Shares11.42K

TypeSH

Market value$2.27M

0.92%

Sole

11.42K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
S&P 500 Tr UTS Unit 1 SerSOLE	TR UNIT	29.20K	SH	$12.95M 5.25%	29.20K
Apple IncorporatedSOLE	COM	65.84K	SH	$12.77M 5.18%	65.84K
Vanguard S&P 500 Index ETFSOLE	S&P 500 ETF SHS	17.92K	SH	$7.30M 2.96%	17.92K
Alphabet Inc Class ASOLE	CAP STK CL A	50.13K	SH	$6.00M 2.43%	50.13K
Ishares Tr MSCI EAFE IndexSOLE	MSCI EAFE ETF	80.76K	SH	$5.85M 2.37%	80.76K
Microsoft CorpSOLE	COM	16.23K	SH	$5.53M 2.24%	16.23K
Amazon Com IncSOLE	COM	38.98K	SH	$5.08M 2.06%	38.98K
Ishares Russell Midcap IndexSOLE	RUS MID CAP ETF	62.97K	SH	$4.60M 1.86%	62.97K
J P Morgan Chase & CoSOLE	COM	29.96K	SH	$4.36M 1.77%	29.96K
Procter & Gamble CoSOLE	COM	28K	SH	$4.25M 1.72%	28K
Russell 2000 Index FundSOLE	RUSSELL 2000 ETF	21.74K	SH	$4.07M 1.65%	21.74K
Visa IncSOLE	COM CL A	16.20K	SH	$3.85M 1.56%	16.20K
Meta Platform, Inc.SOLE	CL A	13.38K	SH	$3.84M 1.56%	13.38K
Johnson & JohnsonSOLE	COM	22.26K	SH	$3.69M 1.49%	22.26K
Exxon Mobil CorpSOLE	COM	29.16K	SH	$3.13M 1.27%	29.16K
Lowes Cos IncSOLE	COM	13.34K	SH	$3.01M 1.22%	13.34K
Flexshares Morningstar Global Natural Res ETFSOLE	MORNSTAR UPSTR	74.72K	SH	$2.99M 1.21%	74.72K
Chevron CorporationSOLE	COM	18.80K	SH	$2.96M 1.20%	18.80K
Salesforce Common IncSOLE	COM	13.40K	SH	$2.83M 1.15%	13.40K
Pfizer IncSOLE	COM	75.38K	SH	$2.77M 1.12%	75.38K
United Parcel ServiceSOLE	CL B	14.68K	SH	$2.63M 1.07%	14.68K
Ishares MSCI Emerging Mkts Index FundSOLE	MSCI EMG MKT ETF	66.38K	SH	$2.63M 1.06%	66.38K
Pepsico IncSOLE	COM	12.99K	SH	$2.41M 0.98%	12.99K
Ishares Trust Pfd & Income Securities ETFSOLE	PFD AND INCM SEC	76.03K	SH	$2.35M 0.95%	76.03K
Vanguard Small Cap ETFSOLE	SMALL CP ETF	11.42K	SH	$2.27M 0.92%	11.42K

Page 1 of 21

…