Independent Franchise Partners Holdings Activity

US Equity Fund Portfolio 13F

US Equity Fund has disclosed a total of 35 changes to the portfolio in the latest (2026 Q1) SEC report(s): increased the number of shares of 25, bought 1 totally new, decreased the number of shares of 6 and completely sold out 3 position(s).

What stocks is Independent Franchise Partners buying now?

In the recent quarter Independent Franchise Partners has bought 26 securities out of which top 5 purchases (by % change to portfolio) are (UMGNF) UNIVERSAL MUSIC GROUP NV (added shares +516.94%), (RBGPF) RECKITT BENCKISER GROUP PLC (new buy), (TRU) TRANSUNION (added shares +44.6%), (NTDOF) NINTENDO CO LTD (added shares +104.48%) and (CRM) SALESFORCECOM INC (added shares +53.08%).

What does Independent Franchise Partners invest in?

Independent Franchise Partners's top 5 holdings (by % of portfolio) are (BMY) BRISTOL-MYERS SQUIBB CO (6.51%), (WBD) WARNER BROS DISCOVERY INC (5.73%), (AON) AON PLC-CLASS A (4.67%), (SOLV) SOLVENTUM CORP (4.4%) and (LYV) LIVE NATION ENTERTAINMENT IN (4.32%).

In the latest report(s) the following changes have been made to the top investments: (BMY) BRISTOL-MYERS SQUIBB CO (added shares +2.43%), (WBD) WARNER BROS DISCOVERY INC (reduced shares -25.55%), (AON) AON PLC-CLASS A (added shares +29.22%), (SOLV) SOLVENTUM CORP (added shares +2.43%) and (LYV) LIVE NATION ENTERTAINMENT IN (added shares +2.6%).

2023 Q4 (28 results)
PKI
buy
+230,656
+1.36%
$109.31
-
1.36%
TRU
+20.62%
+160,044
+0.59%
$68.71
0.15% $68.81
3.47%
TKO
+18.11%
+134,892
+0.59%
$81.58
148.36% $202.61
3.88%
EL
-0.86%
-2,592
-0.02%
$146.25
42.13% $84.64
2.35%
ICE
-0.87%
-6,424
-0.04%
$128.43
-
5.10%
CTVA
-0.91%
-13,649
-0.04%
$47.92
58.31% $75.86
3.83%
AZPN
-0.91%
-1,877
-0.02%
$220.15
-
2.43%
BTAFF
-0.91%
-18,545
-0.03%
$29.26
111.38% $61.85
3.18%
BMY
-0.96%
-16,838
-0.05%
$51.31
8.30% $55.57
4.81%
BKNG
-1.01%
-243
-0.05%
$3,547.22
95.42% $162.30
4.58%
NWSA
-1.05%
-37,023
-0.05%
$24.55
10.22% $27.06
4.63%
NWS
-1.06%
-15,389
-0.02%
$25.72
20.65% $31.03
1.99%
AON
-1.15%
-2,711
-0.04%
$291.02
11.97% $325.85
3.68%
ORCL
-1.15%
-7,822
-0.04%
$105.43
100.91% $211.82
3.84%
Z
-1.15%
-20,728
-0.06%
$57.86
-
5.59%
EA
-1.15%
-6,424
-0.05%
$136.81
48.53% $203.20
4.10%
NVSEF
-1.15%
-10,115
-0.06%
$100.91
47.46% $148.80
4.76%
RBA
-1.15%
-21,018
-0.08%
$66.89
-
6.55%
CFRHF
-1.15%
-4,372
-0.03%
$137.63
49.94% $206.35
2.80%
JNJ
-1.15%
-3,130
-0.03%
$156.74
48.12% $232.16
2.29%
EBAY
-1.15%
-14,019
-0.03%
$43.62
148.60% $108.44
2.85%
PM
-1.15%
-11,172
-0.06%
$94.08
87.14% $176.06
4.90%
ZG
-1.15%
-2,903
-0.01%
$56.72
38.70% $34.77
0.77%
FOXA
-1.40%
-30,052
-0.05%
$29.67
127.30% $67.44
3.39%
NYT
-1.45%
-13,142
-0.03%
$48.99
51.09% $74.02
2.36%
CRM
-23.14%
-76,367
-1.09%
$263.14
30.63% $182.55
0.00%
SPGI
-23.87%
-32,788
-0.78%
$440.52
5.32% $417.09
0.00%
NTDOF
-24.62%
-445,400
-1.26%
$52.19
5.25% $49.45
3.84%
2023 Q3 (11 results)
TKO
buy
+745,043
+3.56%
$84.06
141.03% $202.61
3.56%
EL
buy
+300,409
+2.47%
$144.55
41.45% $84.64
2.47%
AZPN
+30.09%
+47,657
+0.55%
$204.26
-
2.39%
CTVA
+25.40%
+302,730
+0.88%
$51.16
48.28% $75.86
4.34%
ICE
+22.95%
+138,473
+0.87%
$110.02
-
4.63%
BTAFF
+20.45%
+344,775
+0.62%
$31.44
96.71% $61.85
3.63%
BMY
+9.81%
+156,618
+0.52%
$58.04
4.26% $55.57
5.78%
BKNG
-33.69%
-12,268
-2.15%
$3,083.95
94.74% $162.30
4.23%
MSFT
-100.00%
-172,210
-3.33%
$340.54
20.91% $411.74
0.00%
GOOGL
-100.00%
-165,351
-1.12%
$119.70
203.52% $363.31
0.00%
WWE
-100.00%
-783,187
-4.82%
$108.47
-
0.00%
39 of 734

Shares, change to shares, sold shares - split-adjusted.

Reported price - this doesn't represent the actual buy or sell price.
It is the split-adjusted price of the security as of the last day of the reported period.

Value or Price - If the security is completely sold out, we show the reported value (or price) prior to the actual period.