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Institutional Investment Manager
Independent Portfolio Consultants, Inc.
Independent Portfolio Consultants, Inc. (CIK: 0001328450) incorporated in Delaware, located at 5002 T-Rex Avenue, Boca Raton, FL. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q1)
Portfolio Summary: 748 holdings with a total value of $357,528,000.
#
Name
Shares
Value ($)
%
Options
Notes
701 AMGEN INC 11,993 1,798,000 0.50%
702 LENNAR 37,219 1,800,000 0.50%
703 BROADRIDGE FINL SOLUTIONS IN 30,365 1,801,000 0.50%
704 MIDDLEBY CORP 17,068 1,822,000 0.51%
705 FLOWSERVE CORP 41,060 1,823,000 0.51%
706 NEWFIELD EXPL CO 54,846 1,824,000 0.51%
707 HANESBRANDS INC 64,800 1,836,000 0.51%
708 VANGUARD CHARLOTTE FDS 33,775 1,842,000 0.52%
709 OGE ENERGY CORP 65,640 1,879,000 0.53%
710 MERCK & CO INC 35,506 1,879,000 0.53%
711 ISHARES TR 56,039 1,919,000 0.54%
712 ISHARES TR 22,590 1,921,000 0.54%
713 UNILEVER PLC 42,624 1,926,000 0.54%
714 IDEX CORP 23,496 1,947,000 0.54%
715 ISHARES TR 17,785 1,947,000 0.54%
716 HOME DEPOT INC 14,909 1,989,000 0.56%
717 AGCO CORP 40,122 1,994,000 0.56%
718 GILEAD SCIENCES INC 21,768 2,000,000 0.56%
719 NIKE INC 32,866 2,020,000 0.56%
720 PHILIP MORRIS INTL INC 20,596 2,021,000 0.57%
721 ALPHABET INC 2,721 2,027,000 0.57%
722 ISHARES TR 100,490 2,032,000 0.57%
723 CISCO SYS INC 73,218 2,085,000 0.58%
724 ISHARES INC 109,325 2,112,000 0.59%
725 PROCTER AND GAMBLE CO 26,563 2,186,000 0.61%
726 BANK AMER CORP 164,680 2,226,000 0.62%
727 CLEAN HARBORS INC 45,838 2,262,000 0.63%
728 CONSTELLATION BRANDS INC 14,985 2,264,000 0.63%
729 PROSHARES TR 66,635 2,264,000 0.63%
730 CENTENE CORP DEL 37,113 2,285,000 0.64%
731 Adt Corp 56,923 2,349,000 0.66%
732 ROYAL DUTCH SHELL PLC 48,718 2,396,000 0.67%
733 JPMORGAN CHASE & CO 41,013 2,429,000 0.68%
734 ISHARES TR 22,605 2,494,000 0.70%
735 CITIGROUPINC 61,570 2,571,000 0.72%
736 DARLING INGREDIENTS INC 200,385 2,639,000 0.74%
737 AMAZON COM INC 4,742 2,815,000 0.79%
738 POLARIS INDS INC 29,757 2,930,000 0.82%
739 WESTERN UN CO 154,464 2,980,000 0.83%
740 ALPHABET INC 4,386 3,346,000 0.94%
741 ISHARES 7-10 YEAR TREASURY BOND ETF 37,370 4,123,000 1.15%
742 FACEBOOK INC 39,150 4,467,000 1.25%
743 ISHARES TR 40,215 4,778,000 1.34%
744 ISHARES TR 64,090 5,000,000 1.40%
745 PROSHARES TR 81,972 5,089,000 1.42%
746 APPLE INC 56,670 6,176,000 1.73%
747 ISHARES TR 118,105 6,621,000 1.85%
748 ISHARES TR 66,780 7,483,000 2.09%
Page 15 of 15

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001328450-16-000012, filed 2016.04.13).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.