INDEPENDENT INVESTORS INC

NESCONSET, NY · CIK 1121908 · 13F filing filed 2024-07-16

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

$455.7m reported value +9.0% vs Q1 2024

67positions

76.8%in top 10

1 new 2 added 6 reduced 1 sold out vs Q1 2024

Holdings, Q2 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	1,195,239	$251.7m55.25%	55.25%	Reduced -34.5k	-34,550 -2.8%
2	MICROSOFT CORP COM MSFT	MSFT	54,628	$24.4m5.36%	5.36%	Unchanged
3	JPMORGAN CHASE & CO COM JPM	JPM	56,934	$11.5m2.53%	2.53%	Unchanged
4	JOHNSON & JOHNSON COM JNJ	JNJ	71,821	$10.5m2.30%	2.30%	Unchanged
5	AMGEN INC COM AMGN	AMGN	30,155	$9.4m2.07%	2.07%	Unchanged
6	WATERS CORP COM WAT	WAT	31,867	$9.2m2.03%	2.03%	Unchanged
7	HONEYWELL INTL INC COM COM		42,325	$9.0m1.98%	1.98%	Unchanged
8	PROCTER AND GAMBLE CO COM PG	PG	54,742	$9.0m1.98%	1.98%	Reduced -475	-475 -0.9%
9	ABBVIE INC COM ABBV	ABBV	45,388	$7.8m1.71%	1.71%	Unchanged
10	EXXON MOBIL CORP COM XOM	XOM	61,953	$7.1m1.57%	1.57%	Added +1.2k	+1,217 2.0%
11	QUALCOMM INC COM QCOM	QCOM	34,500	$6.9m1.51%	1.51%	Unchanged
12	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	15,137	$6.2m1.35%	1.35%	Unchanged
13	BOEING CO COM BA	BA	30,621	$5.6m1.22%	1.22%	Reduced -130	-130 -0.4%
14	EMERSON ELEC CO COM EMR	EMR	49,000	$5.4m1.18%	1.18%	Unchanged
15	MCDONALDS CORP COM MCD	MCD	18,445	$4.7m1.03%	1.03%	Unchanged
16	DISNEY WALT CO COM DIS	DIS	45,564	$4.5m0.99%	0.99%	Unchanged
17	NIKE INC CL B NKE	NKE	60,000	$4.5m0.99%	0.99%	Unchanged
18	ORACLE CORP COM ORCL	ORCL	29,900	$4.2m0.93%	0.93%	Unchanged
19	NORFOLK SOUTHN CORP COM NSC	NSC	17,600	$3.8m0.83%	0.83%	Unchanged
20	ABBOTT LABS COM ABT	ABT	36,050	$3.7m0.82%	0.82%	Unchanged
21	DOVER CORP COM DOV	DOV	20,600	$3.7m0.82%	0.82%	Unchanged
22	UNITED PARCEL SERVICE INC CL B UPS	UPS	24,811	$3.4m0.75%	0.75%	Unchanged
23	PEPSICO INC COM PEP	PEP	19,963	$3.3m0.72%	0.72%	Unchanged
24	AMERICAN EXPRESS CO COM AXP	AXP	12,000	$2.8m0.61%	0.61%	Unchanged
25	COLGATE PALMOLIVE CO COM CL	CL	28,133	$2.7m0.60%	0.60%	Unchanged
26	UNION PAC CORP COM UNP	UNP	11,640	$2.6m0.58%	0.58%	Unchanged
27	COSTCO WHSL CORP NEW COM COST	COST	2,890	$2.5m0.54%	0.54%	Unchanged
28	COCA COLA CO COM KO	KO	36,225	$2.3m0.51%	0.51%	Unchanged
29	L3HARRIS TECHNOLOGIES INC COM LHX	LHX	9,749	$2.2m0.48%	0.48%	Unchanged
30	HOME DEPOT INC COM HD	HD	6,002	$2.1m0.45%	0.45%	Unchanged
31	ALPHABET INC CAP STK CL C GOOG	GOOG	10,960	$2.0m0.44%	0.44%	Unchanged
32	NOVARTIS AG SPONSORED ADR NVS	NVS	17,900	$1.9m0.42%	0.42%	Unchanged
33	HOWARD HUGHES HOLDINGS INC COM HHH	HHH	29,012	$1.9m0.41%	0.41%	Unchanged
34	GOLDMAN SACHS GROUP INC COM GS	GS	3,640	$1.6m0.36%	0.36%	Unchanged
35	UNITEDHEALTH GROUP INC COM UNH	UNH	3,215	$1.6m0.36%	0.36%	Reduced -325	-325 -9.2%
36	NVIDIA CORPORATION COM NVDA	NVDA	11,900	$1.5m0.32%	0.32%	Unchanged
37	ALPHABET INC CAP STK CL A GOOGL	GOOGL	7,820	$1.4m0.31%	0.31%	Unchanged
38	ISHARES TR CORE S&P500 ETF IVV	IVV	2,143	$1.2m0.26%	0.26%	Reduced -25	-25 -1.1%
39	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	26,938	$1.1m0.25%	0.25%	Unchanged
40	STRYKER CORPORATION COM SYK	SYK	3,000	$1.0m0.22%	0.22%	Unchanged
41	BANK AMERICA CORP COM BAC	BAC	24,880	$989.5k0.22%	0.22%	Unchanged
42	CHEVRON CORP NEW COM CVX	CVX	6,190	$968.2k0.21%	0.21%	Added +240	+240 4.0%
43	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	1,755	$955.1k0.21%	0.21%	Unchanged
44	UNITED RENTALS INC COM URI	URI	1,330	$860.2k0.19%	0.19%	Unchanged
45	LOWES COS INC COM LOW	LOW	3,800	$837.7k0.18%	0.18%	Unchanged
46	J P MORGAN EXCHANGE TRADED F EQUITY PREMIUM JEPI	JEPI	14,420	$817.3k0.18%	0.18%	Unchanged
47	MORGAN STANLEY COM NEW MS	MS	7,483	$727.3k0.16%	0.16%	Unchanged
48	ALIBABA GROUP HLDG LTD SPONSORED ADS BABA	BABA	10,100	$727.2k0.16%	0.16%	Unchanged
49	KENVUE INC COM KVUE	KVUE	39,219	$713.0k0.16%	0.16%	Unchanged
50	GE AEROSPACE COM NEW GE	GE	4,239	$673.9k0.15%	0.15%	Reduced -5	-5 -0.1%
51	PURECYCLE TECHNOLOGIES INC COM PCT	PCT	82,625	$489.1k0.11%	0.11%	Unchanged
52	KINDER MORGAN INC DEL COM KMI	KMI	22,716	$451.4k0.10%	0.10%	Unchanged
53	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	2,350	$406.4k0.09%	0.09%	Unchanged
54	EATON CORP PLC SHS ETN	ETN	1,215	$381.0k0.08%	0.08%	Unchanged
55	PFIZER INC COM PFE	PFE	13,290	$371.9k0.08%	0.08%	Unchanged
56	CROWDSTRIKE HLDGS INC CL A CRWD	CRWD	950	$364.0k0.08%	0.08%	Unchanged
57	VISA INC COM CL A V	V	1,380	$362.2k0.08%	0.08%	Unchanged
58	MERCK & CO INC COM MRK	MRK	2,500	$309.5k0.07%	0.07%	Unchanged
59	CISCO SYS INC COM CSCO	CSCO	5,500	$261.3k0.06%	0.06%	Unchanged
60	AIR PRODS & CHEMS INC COM APD	APD	996	$257.0k0.06%	0.06%	Unchanged
61	BAXTER INTL INC COM BAX	BAX	7,635	$255.4k0.06%	0.06%	Unchanged
62	ISHARES TR MSCI INDIA ETF INDA	INDA	4,500	$251.0k0.06%	0.06%	New
63	ISHARES TR S&P MC 400GR ETF IJK	IJK	2,800	$246.7k0.05%	0.05%	Unchanged
64	SCHLUMBERGER LTD COM STK SLB	SLB	5,223	$246.4k0.05%	0.05%	Unchanged
65	ELEMENT SOLUTIONS INC COM ESI	ESI	8,575	$232.6k0.05%	0.05%	Unchanged
66	MONDELEZ INTL INC CL A MDLZ	MDLZ	3,300	$216.0k0.05%	0.05%	Unchanged
67	LISTED FD TR ROUNDHILL BALL METV	METV	10,000	$130.5k0.03%	0.03%	Unchanged

Sold out since Q1 2024

Security	Ticker	Shares held before	Value then
CVS HEALTH CORP CVS	CVS	6,450	$514.5k6.5k shares