INDEPENDENT INVESTORS INC

NESCONSET, NY · CIK 1121908 · 13F filing filed 2024-04-26

SEC-registered investment adviser since 1983 · corporation

Assets managed$571.9m
Staff6 · 2 in investment roles
Main clients (by assets)Charities 49%, High net worth individuals 49%, Individuals 3%
Form ADV · 2026-09-22SEC adviser record

$418.2m reported value -3.7% vs Q4 2023

67positions

73.9%in top 10

1 new 2 added 26 reduced 1 sold out vs Q4 2023

Holdings, Q1 2024

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	APPLE INC COM AAPL	AAPL	1,229,789	$210.9m50.43%	50.43%	Reduced -14.8k	-14,800 -1.2%
2	MICROSOFT CORP COM MSFT	MSFT	54,628	$23.0m5.50%	5.50%	Unchanged
3	JPMORGAN CHASE & CO COM JPM	JPM	56,934	$11.4m2.73%	2.73%	Reduced -115	-115 -0.2%
4	JOHNSON & JOHNSON COM JNJ	JNJ	71,821	$11.4m2.72%	2.72%	Reduced -411	-411 -0.6%
5	WATERS CORP COM WAT	WAT	31,867	$11.0m2.62%	2.62%	Unchanged
6	PROCTER AND GAMBLE CO COM PG	PG	55,217	$9.0m2.14%	2.14%	Unchanged
7	HONEYWELL INTL INC COM COM		42,325	$8.7m2.08%	2.08%	Reduced -165	-165 -0.4%
8	AMGEN INC COM AMGN	AMGN	30,155	$8.6m2.05%	2.05%	Reduced -386	-386 -1.3%
9	ABBVIE INC COM ABBV	ABBV	45,388	$8.3m1.98%	1.98%	Unchanged
10	EXXON MOBIL CORP COM XOM	XOM	60,736	$7.1m1.69%	1.69%	Reduced -258	-258 -0.4%
11	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	15,137	$6.4m1.52%	1.52%	Unchanged
12	BOEING CO COM BA	BA	30,751	$5.9m1.42%	1.42%	Reduced -85	-85 -0.3%
13	QUALCOMM INC COM QCOM	QCOM	34,500	$5.8m1.40%	1.40%	Unchanged
14	NIKE INC CL B NKE	NKE	60,000	$5.6m1.35%	1.35%	Unchanged
15	DISNEY WALT CO COM DIS	DIS	45,564	$5.6m1.33%	1.33%	Reduced -15	-15 -0.0%
16	EMERSON ELEC CO COM EMR	EMR	49,000	$5.6m1.33%	1.33%	Unchanged
17	MCDONALDS CORP COM MCD	MCD	18,445	$5.2m1.24%	1.24%	Reduced -40	-40 -0.2%
18	NORFOLK SOUTHN CORP COM NSC	NSC	17,600	$4.5m1.07%	1.07%	Unchanged
19	ABBOTT LABS COM ABT	ABT	36,050	$4.1m0.98%	0.98%	Unchanged
20	ORACLE CORP COM ORCL	ORCL	29,900	$3.8m0.90%	0.90%	Unchanged
21	UNITED PARCEL SERVICE INC CL B UPS	UPS	24,811	$3.7m0.88%	0.88%	Reduced -100	-100 -0.4%
22	DOVER CORP COM DOV	DOV	20,600	$3.7m0.87%	0.87%	Unchanged
23	PEPSICO INC COM PEP	PEP	19,963	$3.5m0.84%	0.84%	Unchanged
24	UNION PAC CORP COM UNP	UNP	11,640	$2.9m0.68%	0.68%	Reduced -100	-100 -0.8%
25	AMERICAN EXPRESS CO COM AXP	AXP	12,000	$2.7m0.65%	0.65%	Unchanged
26	COLGATE PALMOLIVE CO COM CL	CL	28,133	$2.5m0.61%	0.61%	Unchanged
27	HOME DEPOT INC COM HD	HD	6,002	$2.3m0.55%	0.55%	Reduced -50	-50 -0.8%
28	COCA COLA CO COM KO	KO	36,225	$2.2m0.53%	0.53%	Unchanged
29	COSTCO WHSL CORP NEW COM COST	COST	2,890	$2.1m0.51%	0.51%	Unchanged
30	HOWARD HUGHES HOLDINGS INC COM HHH	HHH	29,012	$2.1m0.50%	0.50%	Unchanged
31	L3HARRIS TECHNOLOGIES INC COM LHX	LHX	9,749	$2.1m0.50%	0.50%	Unchanged
32	UNITEDHEALTH GROUP INC COM UNH	UNH	3,540	$1.8m0.42%	0.42%	Unchanged
33	NOVARTIS AG SPONSORED ADR NVS	NVS	17,900	$1.7m0.41%	0.41%	Unchanged
34	ALPHABET INC CAP STK CL C GOOG	GOOG	10,960	$1.7m0.40%	0.40%	Reduced -100	-100 -0.9%
35	GOLDMAN SACHS GROUP INC COM GS	GS	3,640	$1.5m0.36%	0.36%	Unchanged
36	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	26,938	$1.5m0.35%	0.35%	Unchanged
37	ALPHABET INC CAP STK CL A GOOGL	GOOGL	7,820	$1.2m0.28%	0.28%	Unchanged
38	ISHARES TR CORE S&P500 ETF IVV	IVV	2,168	$1.1m0.27%	0.27%	Added +298	+298 15.9%
39	NVIDIA CORPORATION COM NVDA	NVDA	1,190	$1.1m0.26%	0.26%	Unchanged
40	STRYKER CORPORATION COM SYK	SYK	3,000	$1.1m0.26%	0.26%	Unchanged
41	LOWES COS INC COM LOW	LOW	3,800	$968.0k0.23%	0.23%	Reduced -15	-15 -0.4%
42	UNITED RENTALS INC COM URI	URI	1,330	$959.1k0.23%	0.23%	Reduced -50	-50 -3.6%
43	BANK AMERICA CORP COM BAC	BAC	24,880	$943.5k0.23%	0.23%	Reduced -250	-250 -1.0%
44	CHEVRON CORP NEW COM CVX	CVX	5,950	$938.6k0.22%	0.22%	Added +180	+180 3.1%
45	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	1,755	$918.0k0.22%	0.22%	Unchanged
46	KENVUE INC COM KVUE	KVUE	39,219	$841.6k0.20%	0.20%	Unchanged
47	J P MORGAN EXCHANGE TRADED F EQUITY PREMIUM JEPI	JEPI	14,420	$834.3k0.20%	0.20%	Reduced -150	-150 -1.0%
48	GE AEROSPACE COM NEW GE	GE	4,244	$744.9k0.18%	0.18%	Reduced -48	-48 -1.1%
49	ALIBABA GROUP HLDG LTD SPONSORED ADS BABA	BABA	10,100	$730.8k0.17%	0.17%	Unchanged
50	MORGAN STANLEY COM NEW MS	MS	7,483	$704.6k0.17%	0.17%	Unchanged
51	CVS HEALTH CORP COM CVS	CVS	6,450	$514.5k0.12%	0.12%	Reduced -850	-850 -11.6%
52	PURECYCLE TECHNOLOGIES INC COM PCT	PCT	82,625	$513.9k0.12%	0.12%	Reduced -250	-250 -0.3%
53	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	2,350	$448.8k0.11%	0.11%	Unchanged
54	KINDER MORGAN INC DEL COM KMI	KMI	22,716	$416.6k0.10%	0.10%	Reduced -5.9k	-5,900 -20.6%
55	VISA INC COM CL A V	V	1,380	$385.1k0.09%	0.09%	Unchanged
56	EATON CORP PLC SHS ETN	ETN	1,215	$379.9k0.09%	0.09%	Unchanged
57	PFIZER INC COM PFE	PFE	13,290	$368.8k0.09%	0.09%	Reduced -586	-586 -4.2%
58	MERCK & CO INC COM MRK	MRK	2,500	$329.9k0.08%	0.08%	Reduced -25	-25 -1.0%
59	BAXTER INTL INC COM BAX	BAX	7,635	$326.3k0.08%	0.08%	Unchanged
60	CROWDSTRIKE HLDGS INC CL A CRWD	CRWD	950	$304.6k0.07%	0.07%	Reduced -200	-200 -17.4%
61	SCHLUMBERGER LTD COM STK SLB	SLB	5,223	$286.3k0.07%	0.07%	Unchanged
62	CISCO SYS INC COM CSCO	CSCO	5,500	$274.5k0.07%	0.07%	Unchanged
63	ISHARES TR S&P MC 400GR ETF IJK	IJK	2,800	$255.5k0.06%	0.06%	Unchanged
64	AIR PRODS & CHEMS INC COM APD	APD	996	$241.3k0.06%	0.06%	Reduced -190	-190 -16.0%
65	MONDELEZ INTL INC CL A MDLZ	MDLZ	3,300	$231.0k0.06%	0.06%	Reduced -200	-200 -5.7%
66	ELEMENT SOLUTIONS INC COM ESI	ESI	8,575	$214.2k0.05%	0.05%	New
67	LISTED FD TR ROUNDHILL BALL METV	METV	10,000	$124.3k0.03%	0.03%	Unchanged

Sold out since Q4 2023

Security	Ticker	Shares held before	Value then
3M CO MMM	MMM	2,000	$218.6k2.0k shares