INDEPENDENT INVESTORS INC

NESCONSET, NY · CIK 1121908 · 13F filing filed 2026-01-15

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

$538.1m reported value +3.6% vs Q3 2025

69positions

76.1%in top 10

1 new 7 added 7 reduced 2 sold out vs Q3 2025

Holdings, Q4 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	1,092,983	$297.1m55.22%	55.22%	Reduced -7.4k	-7,440 -0.7%
2	MICROSOFT CORP COM MSFT	MSFT	54,300	$26.3m4.88%	4.88%	Unchanged
3	JPMORGAN CHASE & CO COM JPM	JPM	56,804	$18.3m3.40%	3.40%	Added +5	+5 0.0%
4	JOHNSON & JOHNSON COM JNJ	JNJ	71,552	$14.8m2.75%	2.75%	Unchanged
5	ABBVIE INC COM ABBV	ABBV	45,174	$10.3m1.92%	1.92%	Unchanged
6	WATERS CORP COM WAT	WAT	26,163	$9.9m1.85%	1.85%	Unchanged
7	AMGEN INC COM AMGN	AMGN	29,651	$9.7m1.80%	1.80%	Unchanged
8	HONEYWELL INTL INC COM COM		42,325	$8.3m1.53%	1.53%	Unchanged
9	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	15,137	$7.6m1.41%	1.41%	Unchanged
10	EXXON MOBIL CORP COM XOM	XOM	61,849	$7.4m1.38%	1.38%	Unchanged
11	NVIDIA CORPORATION COM NVDA	NVDA	38,565	$7.2m1.34%	1.34%	Added +100	+100 0.3%
12	BOEING CO COM BA	BA	30,357	$6.6m1.22%	1.22%	Unchanged
13	EMERSON ELEC CO COM EMR	EMR	48,896	$6.5m1.21%	1.21%	Unchanged
14	PROCTER AND GAMBLE CO COM PG	PG	41,603	$6.0m1.11%	1.11%	Reduced -330	-330 -0.8%
15	QUALCOMM INC COM QCOM	QCOM	34,292	$5.9m1.09%	1.09%	Unchanged
16	ORACLE CORP COM ORCL	ORCL	29,900	$5.8m1.08%	1.08%	Unchanged
17	MCDONALDS CORP COM MCD	MCD	17,691	$5.4m1.00%	1.00%	Unchanged
18	DISNEY WALT CO COM DIS	DIS	45,401	$5.2m0.96%	0.96%	Unchanged
19	NORFOLK SOUTHN CORP COM NSC	NSC	17,517	$5.1m0.94%	0.94%	Unchanged
20	AMERICAN EXPRESS CO COM AXP	AXP	12,000	$4.4m0.82%	0.82%	Unchanged
21	ABBOTT LABS COM ABT	ABT	34,890	$4.4m0.81%	0.81%	Reduced -200	-200 -0.6%
22	DOVER CORP COM DOV	DOV	20,600	$4.0m0.75%	0.75%	Unchanged
23	NIKE INC CL B NKE	NKE	60,000	$3.8m0.71%	0.71%	Unchanged
24	GOLDMAN SACHS GROUP INC COM GS	GS	3,640	$3.2m0.59%	0.59%	Unchanged
25	ALPHABET INC CAP STK CL C GOOG	GOOG	9,290	$2.9m0.54%	0.54%	Reduced -10	-10 -0.1%
26	L3HARRIS TECHNOLOGIES INC COM LHX	LHX	9,749	$2.9m0.53%	0.53%	Unchanged
27	PEPSICO INC COM PEP	PEP	19,463	$2.8m0.52%	0.52%	Unchanged
28	UNION PAC CORP COM UNP	UNP	11,640	$2.7m0.50%	0.50%	Unchanged
29	COSTCO WHSL CORP NEW COM COST	COST	2,890	$2.5m0.46%	0.46%	Unchanged
30	COCA COLA CO COM KO	KO	35,496	$2.5m0.46%	0.46%	Unchanged
31	NOVARTIS AG SPONSORED ADR NVS	NVS	17,900	$2.5m0.46%	0.46%	Unchanged
32	UNITED PARCEL SERVICE INC CL B UPS	UPS	24,028	$2.4m0.44%	0.44%	Unchanged
33	HOWARD HUGHES HOLDINGS INC COM HHH	HHH	28,937	$2.3m0.43%	0.43%	Unchanged
34	COLGATE PALMOLIVE CO COM CL	CL	28,033	$2.2m0.41%	0.41%	Reduced -100	-100 -0.4%
35	HOME DEPOT INC COM HD	HD	6,226	$2.1m0.40%	0.40%	Added +20	+20 0.3%
36	ALPHABET INC CAP STK CL A GOOGL	GOOGL	6,520	$2.0m0.38%	0.38%	Unchanged
37	ALIBABA GROUP HLDG LTD SPONSORED ADS BABA	BABA	10,100	$1.5m0.28%	0.28%	Unchanged
38	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	26,938	$1.5m0.27%	0.27%	Unchanged
39	ISHARES TR CORE S&P500 ETF IVV	IVV	2,106	$1.4m0.27%	0.27%	Added +30	+30 1.4%
40	BANK AMERICA CORP COM BAC	BAC	24,880	$1.4m0.25%	0.25%	Unchanged
41	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	1,972	$1.3m0.25%	0.25%	Unchanged
42	GE AEROSPACE COM NEW GE	GE	4,239	$1.3m0.24%	0.24%	Unchanged
43	MORGAN STANLEY COM NEW MS	MS	6,983	$1.2m0.23%	0.23%	Unchanged
44	UNITED RENTALS INC COM URI	URI	1,325	$1.1m0.20%	0.20%	Unchanged
45	STRYKER CORPORATION COM SYK	SYK	3,000	$1.1m0.20%	0.20%	Unchanged
46	CHEVRON CORP NEW COM CVX	CVX	6,840	$1.0m0.19%	0.19%	Unchanged
47	UNITEDHEALTH GROUP INC COM UNH	UNH	2,845	$939.2k0.17%	0.17%	Unchanged
48	LOWES COS INC COM LOW	LOW	3,800	$916.4k0.17%	0.17%	Unchanged
49	J P MORGAN EXCHANGE TRADED F EQUITY PREMIUM JEPI	JEPI	15,211	$870.7k0.16%	0.16%	Unchanged
50	UBER TECHNOLOGIES INC COM UBER	UBER	9,115	$744.8k0.14%	0.14%	Added +100	+100 1.1%
51	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	2,350	$696.1k0.13%	0.13%	Unchanged
52	PURECYCLE TECHNOLOGIES INC COM PCT	PCT	80,867	$694.6k0.13%	0.13%	Reduced -1.6k	-1,550 -1.9%
53	KENVUE INC COM KVUE	KVUE	39,219	$676.5k0.13%	0.13%	Unchanged
54	GE VERNOVA INC COM GEV	GEV	1,027	$671.2k0.12%	0.12%	Unchanged
55	AMAZON COM INC COM AMZN	AMZN	2,770	$639.4k0.12%	0.12%	Added +535	+535 23.9%
56	CISCO SYS INC COM CSCO	CSCO	8,270	$637.0k0.12%	0.12%	Unchanged
57	CROWDSTRIKE HLDGS INC CL A CRWD	CRWD	1,320	$618.8k0.11%	0.11%	Unchanged
58	J P MORGAN EXCHANGE TRADED F NASDAQ EQT PREM JEPQ	JEPQ	9,120	$530.1k0.10%	0.10%	Added +75	+75 0.8%
59	KINDER MORGAN INC DEL COM KMI	KMI	19,116	$525.5k0.10%	0.10%	Unchanged
60	SOLSTICE ADVANCED MATLS INC COM SHS SOLS	SOLS	10,578	$513.9k0.10%	0.10%	New
61	VISA INC COM CL A V	V	1,380	$484.0k0.09%	0.09%	Unchanged
62	EATON CORP PLC SHS ETN	ETN	1,200	$382.2k0.07%	0.07%	Reduced -15	-15 -1.2%
63	PFIZER INC COM PFE	PFE	12,250	$305.0k0.06%	0.06%	Unchanged
64	ISHARES TR MSCI INDIA ETF INDA	INDA	5,620	$303.8k0.06%	0.06%	Unchanged
65	ISHARES TR S&P MC 400GR ETF IJK	IJK	2,800	$271.3k0.05%	0.05%	Unchanged
66	MERCK & CO INC COM MRK	MRK	2,500	$263.1k0.05%	0.05%	Unchanged
67	BLACKROCK INC COM BLK	BLK	225	$240.8k0.04%	0.04%	Unchanged
68	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	383	$235.3k0.04%	0.04%	Unchanged
69	LISTED FD TR ROUNDHILL BALL METV	METV	10,000	$187.8k0.03%	0.03%	Unchanged

Sold out since Q3 2025

Security	Ticker	Shares held before	Value then
TALEN ENERGY CORP TLN	TLN	500	$212.7k500 shares
AIR PRODS & CHEMS INC APD	APD	746	$203.4k746 shares