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%).

History
Ticker
Stock
%
Activity
Share
Change
% change to
Portfolio
Reported
Price*
% difference
Current Price
% of
Portfolio
2021 Q1 (29 results)
SPGI
S&P GLOBAL INC
+81.88%
+71,569
+1.31%
$352.87
20.28% $424.44
2.91%
BMY
BRISTOL-MYERS SQUIBB CO
+20.66%
+219,765
+0.72%
$63.13
9.28% $57.27
4.21%
NWS
NEWS CORP - CLASS B
+2.20%
+34,443
+0.04%
$23.46
32.95% $31.19
1.95%
NTDOF
NINTENDO CO LTD
+1.82%
+2,700
+0.08%
$558.23
91.85% $45.50
4.39%
GOOGL
ALPHABET INC-CL A
+0.56%
+2,860
+0.02%
$103.13
257.36% $368.53
2.74%
AAPL
APPLE INC
+0.56%
+2,072
+0.01%
$122.15
151.61% $307.34
2.35%
NWSA
NEWS CORP - CLASS A
+0.55%
+21,616
+0.03%
$25.43
7.20% $27.26
5.20%
TMX
TERMINIX GLOBAL HOLDINGS INC
+0.53%
+4,716
+0.01%
$47.67
-
2.22%
BKNG
BOOKING HOLDINGS INC
+0.53%
+223
+0.03%
$2,329.84
92.88% $165.84
5.13%
IAA
IAA INC
+0.46%
+3,167
+0.01%
$55.14
-
1.97%
ACN
ACCENTURE PLC-CL A
+0.40%
+1,076
+0.02%
$276.25
35.48% $178.25
3.89%
JNJ
JOHNSON & JOHNSON
+0.35%
+1,763
+0.02%
$164.35
41.63% $232.77
4.30%
MO
ALTRIA GROUP INC
+0.34%
+4,941
+0.01%
$51.16
41.11% $72.19
3.84%
EBAY
EBAY INC
+0.32%
+3,327
+0.01%
$61.24
78.56% $109.35
3.28%
EA
ELECTRONIC ARTS INC
+0.32%
+1,376
+0.01%
$135.37
49.96% $203.00
3.02%
PM
PHILIP MORRIS INTERNATIONAL
+0.27%
+3,723
+0.02%
$88.74
100.91% $178.29
6.37%
CME
CME GROUP INC
+0.27%
+547
+0.01%
$204.23
26.03% $257.40
2.19%
MSFT
MICROSOFT CORP
+0.26%
+898
+0.01%
$235.77
76.73% $416.67
4.20%
ORCL
ORACLE CORP
+0.24%
+3,785
+0.01%
$70.17
204.52% $213.68
5.79%
AON
AON PLC-CLASS A
+0.20%
+788
+0.01%
$230.11
42.77% $328.53
4.83%
WWE
WORLD WRESTLING ENTERTAIN-A
+0.19%
+1,977
+0.01%
$54.26
-
3.00%
WU
WESTERN UNION CO
+0.13%
+3,044
+0.00%
$24.66
69.67% $7.48
2.91%
ALC
ALCON INC
-0.15%
-1,264
-0.00%
$70.02
4.59% $66.81
3.04%
BTAFF
BRITISH AMERICAN TOBACCO PLC
-0.17%
-3,137
-0.01%
$38.24
61.73% $61.85
3.67%
NVSEF
NOVARTIS AG-REG
-0.20%
-1,208
-0.01%
$85.46
74.12% $148.80
2.70%
FOXA
FOX CORP - CLASS A
-8.06%
-218,240
-0.41%
$36.11
85.24% $66.89
4.67%
CTVA
CORTEVA INC
-14.97%
-350,666
-0.85%
$46.62
65.23% $77.03
4.82%
ADSK
AUTODESK INC
-55.86%
-35,850
-0.52%
$277.15
17.03% $229.96
0.00%
IBM
INTL BUSINESS MACHINES CORP
-100.00%
-562,093
-3.68%
$125.88
126.28% $284.84
0.00%
29 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.