INDEPENDENT INVESTORS INC

NESCONSET, NY · CIK 1121908 · 13F filing filed 2025-10-30

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

$519.6m reported value +13.2% vs Q2 2025

70positions

75.3%in top 10

3 new 1 added 23 reduced 0 sold out vs Q2 2025

Holdings, Q3 2025

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	1,100,423	$280.2m53.92%	53.92%	Reduced -22.3k	-22,298 -2.0%
2	MICROSOFT CORP COM MSFT	MSFT	54,300	$28.1m5.41%	5.41%	Reduced -223	-223 -0.4%
3	JPMORGAN CHASE & CO COM JPM	JPM	56,799	$17.9m3.45%	3.45%	Reduced -135	-135 -0.2%
4	JOHNSON & JOHNSON COM JNJ	JNJ	71,552	$13.3m2.55%	2.55%	Reduced -219	-219 -0.3%
5	ABBVIE INC COM ABBV	ABBV	45,174	$10.5m2.01%	2.01%	Reduced -214	-214 -0.5%
6	HONEYWELL INTL INC COM COM		42,325	$8.9m1.71%	1.71%	Unchanged
7	ORACLE CORP COM ORCL	ORCL	29,900	$8.4m1.62%	1.62%	Unchanged
8	AMGEN INC COM AMGN	AMGN	29,651	$8.4m1.61%	1.61%	Reduced -104	-104 -0.3%
9	WATERS CORP COM WAT	WAT	26,163	$7.8m1.51%	1.51%	Reduced -104	-104 -0.4%
10	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	15,137	$7.6m1.46%	1.46%	Unchanged
11	NVIDIA CORPORATION COM NVDA	NVDA	38,465	$7.2m1.38%	1.38%	Unchanged
12	EXXON MOBIL CORP COM XOM	XOM	61,849	$7.0m1.34%	1.34%	Reduced -104	-104 -0.2%
13	BOEING CO COM BA	BA	30,357	$6.6m1.26%	1.26%	Reduced -104	-104 -0.3%
14	PROCTER AND GAMBLE CO COM PG	PG	41,933	$6.4m1.24%	1.24%	Reduced -10.4k	-10,409 -19.9%
15	EMERSON ELEC CO COM EMR	EMR	48,896	$6.4m1.23%	1.23%	Reduced -104	-104 -0.2%
16	QUALCOMM INC COM QCOM	QCOM	34,292	$5.7m1.10%	1.10%	Reduced -208	-208 -0.6%
17	MCDONALDS CORP COM MCD	MCD	17,691	$5.4m1.03%	1.03%	Reduced -104	-104 -0.6%
18	NORFOLK SOUTHN CORP COM NSC	NSC	17,517	$5.3m1.01%	1.01%	Reduced -83	-83 -0.5%
19	DISNEY WALT CO COM DIS	DIS	45,401	$5.2m1.00%	1.00%	Unchanged
20	ABBOTT LABS COM ABT	ABT	35,090	$4.7m0.90%	0.90%	Reduced -960	-960 -2.7%
21	NIKE INC CL B NKE	NKE	60,000	$4.2m0.81%	0.81%	Unchanged
22	AMERICAN EXPRESS CO COM AXP	AXP	12,000	$4.0m0.77%	0.77%	Unchanged
23	DOVER CORP COM DOV	DOV	20,600	$3.4m0.66%	0.66%	Unchanged
24	L3HARRIS TECHNOLOGIES INC COM LHX	LHX	9,749	$3.0m0.57%	0.57%	Unchanged
25	GOLDMAN SACHS GROUP INC COM GS	GS	3,640	$2.9m0.56%	0.56%	Unchanged
26	UNION PAC CORP COM UNP	UNP	11,640	$2.8m0.53%	0.53%	Unchanged
27	PEPSICO INC COM PEP	PEP	19,463	$2.7m0.53%	0.53%	Unchanged
28	COSTCO WHSL CORP NEW COM COST	COST	2,890	$2.7m0.51%	0.51%	Unchanged
29	HOME DEPOT INC COM HD	HD	6,206	$2.5m0.48%	0.48%	Reduced -104	-104 -1.6%
30	HOWARD HUGHES HOLDINGS INC COM HHH	HHH	28,937	$2.4m0.46%	0.46%	Unchanged
31	COCA COLA CO COM KO	KO	35,496	$2.4m0.45%	0.45%	Reduced -104	-104 -0.3%
32	NOVARTIS AG SPONSORED ADR NVS	NVS	17,900	$2.3m0.44%	0.44%	Unchanged
33	ALPHABET INC CAP STK CL C GOOG	GOOG	9,300	$2.3m0.44%	0.44%	Unchanged
34	COLGATE PALMOLIVE CO COM CL	CL	28,133	$2.2m0.43%	0.43%	Unchanged
35	UNITED PARCEL SERVICE INC CL B UPS	UPS	24,028	$2.0m0.39%	0.39%	Reduced -622	-622 -2.5%
36	ALIBABA GROUP HLDG LTD SPONSORED ADS BABA	BABA	10,100	$1.8m0.35%	0.35%	Unchanged
37	ALPHABET INC CAP STK CL A GOOGL	GOOGL	6,520	$1.6m0.31%	0.31%	Unchanged
38	ISHARES TR CORE S&P500 ETF IVV	IVV	2,076	$1.4m0.27%	0.27%	Unchanged
39	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	1,972	$1.3m0.25%	0.25%	Unchanged
40	BANK AMERICA CORP COM BAC	BAC	24,880	$1.3m0.25%	0.25%	Unchanged
41	GE AEROSPACE COM NEW GE	GE	4,239	$1.3m0.25%	0.25%	Unchanged
42	UNITED RENTALS INC COM URI	URI	1,325	$1.3m0.24%	0.24%	Reduced -5	-5 -0.4%
43	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	26,938	$1.2m0.23%	0.23%	Unchanged
44	MORGAN STANLEY COM NEW MS	MS	6,983	$1.1m0.21%	0.21%	Unchanged
45	STRYKER CORPORATION COM SYK	SYK	3,000	$1.1m0.21%	0.21%	Unchanged
46	PURECYCLE TECHNOLOGIES INC COM PCT	PCT	82,417	$1.1m0.21%	0.21%	Reduced -208	-208 -0.2%
47	CHEVRON CORP NEW COM CVX	CVX	6,840	$1.1m0.20%	0.20%	Unchanged
48	UNITEDHEALTH GROUP INC COM UNH	UNH	2,845	$982.4k0.19%	0.19%	Reduced -100	-100 -3.4%
49	LOWES COS INC COM LOW	LOW	3,800	$955.0k0.18%	0.18%	Unchanged
50	UBER TECHNOLOGIES INC COM UBER	UBER	9,015	$883.2k0.17%	0.17%	Unchanged
51	J P MORGAN EXCHANGE TRADED F EQUITY PREMIUM JEPI	JEPI	15,211	$868.5k0.17%	0.17%	Reduced -104	-104 -0.7%
52	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	2,350	$663.1k0.13%	0.13%	Unchanged
53	CROWDSTRIKE HLDGS INC CL A CRWD	CRWD	1,320	$647.3k0.12%	0.12%	Unchanged
54	KENVUE INC COM KVUE	KVUE	39,219	$636.5k0.12%	0.12%	Unchanged
55	GE VERNOVA INC COM GEV	GEV	1,027	$631.5k0.12%	0.12%	Unchanged
56	CISCO SYS INC COM CSCO	CSCO	8,270	$565.8k0.11%	0.11%	Unchanged
57	KINDER MORGAN INC DEL COM KMI	KMI	19,116	$541.2k0.10%	0.10%	Reduced -100	-100 -0.5%
58	J P MORGAN EXCHANGE TRADED F NASDAQ EQT PREM JEPQ	JEPQ	9,045	$520.3k0.10%	0.10%	Added +4.0k	+4,000 79.3%
59	AMAZON COM INC COM AMZN	AMZN	2,235	$490.7k0.09%	0.09%	Unchanged
60	VISA INC COM CL A V	V	1,380	$471.1k0.09%	0.09%	Unchanged
61	EATON CORP PLC SHS ETN	ETN	1,215	$454.7k0.09%	0.09%	Unchanged
62	PFIZER INC COM PFE	PFE	12,250	$312.1k0.06%	0.06%	Unchanged
63	ISHARES TR MSCI INDIA ETF INDA	INDA	5,620	$292.6k0.06%	0.06%	Unchanged
64	ISHARES TR S&P MC 400GR ETF IJK	IJK	2,800	$268.5k0.05%	0.05%	Unchanged
65	BLACKROCK INC COM BLK	BLK	225	$262.3k0.05%	0.05%	Unchanged
66	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	383	$229.9k0.04%	0.04%	New
67	TALEN ENERGY CORP COM TLN	TLN	500	$212.7k0.04%	0.04%	New
68	MERCK & CO INC COM MRK	MRK	2,500	$209.8k0.04%	0.04%	New
69	LISTED FD TR ROUNDHILL BALL METV	METV	10,000	$206.0k0.04%	0.04%	Unchanged
70	AIR PRODS & CHEMS INC COM APD	APD	746	$203.4k0.04%	0.04%	Unchanged