Independent Investment Trust : List of Investments - 28 February 2018

The Independent Investment Trust PLC

Valuation as at 28 February 2018

Total Assets

345,312,971

100.0

Total Equities

333,407,411

96.6

Total Net Liquid Assets

11,905,560

3.4

Asset Name	ISIN Number	Holding	Market Value	% Total Assets
(GBP)
Equities
Alfa Financial Software Holdings	GB00BDHXPG30	2,500,000	11,450,000	3.3
Ashtead	GB0000536739	1,000,000	21,130,000	6.1
Bellway	GB0000904986	200,000	6,230,000	1.8
Blue Prism	GB00BYQ0HV16	2,200,000	35,068,000	10.2
Crest Nicholson	GB00B8VZXT93	3,000,000	14,286,000	4.1
Dunelm	GB00B1CKQ739	1,500,000	8,700,000	2.5
Eddie Stobart Logistics	GB00BD8QVC95	7,000,000	9,800,000	2.8
Fdm Group	GB00BLWDVP51	1,500,000	12,900,000	3.7
Fever-Tree Drinks	GB00BRJ9BJ26	1,500,000	37,245,000	10.8
Footasylum	GB00BYPHD607	2,000,000	4,060,000	1.2
Frontier Developments	GB00BBT32N39	650,000	7,865,000	2.3
Gamma Communications	GB00BQS10J50	500,000	3,470,000	1.0
Herald Investment Trust	GB0004228648	1,500,000	17,475,000	5.1
Hollywood Bowl Group	GB00BD0NVK62	4,000,000	8,240,000	2.4
Integrafin Holdings	GB00BD45SH49	255,000	652,800	0.2
Joules Group	GB00BZ059357	1,500,000	4,950,000	1.4
Kainos Group	GB00BZ0D6727	1,217,000	4,235,160	1.2
Land Of Leather Holdings	GB00B39TSN74	246,500	0	0.0
Luceco	GB00BZC0LP49	3,112,000	2,433,584	0.7
Mccarthy (Wi) Ord 8p	GB00BYNVD082	5,000,000	6,850,000	2.0
Medica Group	GB00BYV24996	4,000,000	6,272,000	1.8
Midwich	GB00BYSXWW41	3,000,000	17,400,000	5.0
Motorpoint Group	GB00BD0SFR60	4,500,000	9,900,000	2.9
Nahl Group	GB00BM7S2W63	2,500,000	4,262,500	1.2
On The Beach Wi Ord 150p	GB00BYM1K758	4,500,000	25,920,000	7.5
Persimmon	GB0006825383	200,000	5,202,000	1.5
Quiz	JE00BZ00SF59	3,000,000	3,945,000	1.1
Polar Capital Global Insurance Fund	IE00B5NH4W20	1,000,000	4,731,000	1.4
Redrow	GB0007282386	4,000,000	23,540,000	6.8
RPC Inc	US7496601060	200,000	2,849,367	0.8
Seeing Machines Limited	AU0000XINAJ0	100,000,000	4,980,000	1.4
The Gym Group	GB00BZBX0P70	3,000,000	7,365,000	2.1
.6
.4
100.0