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%).

2025 Q1 (31 results)
WBD
buy
+4,295,964
+3.30%
$10.73
144.55% $26.24
3.30%
KVUE
+173.95%
+1,957,740
+3.36%
$23.98
26.15% $17.71
5.30%
LYV
+34.88%
+98,177
+0.92%
$130.58
22.58% $160.07
3.55%
SOLV
+34.46%
+167,689
+0.91%
$76.04
6.54% $81.01
3.57%
NWSA
+25.68%
+367,646
+0.72%
$27.22
0.15% $27.26
3.51%
CTVA
+24.29%
+218,696
+0.99%
$62.93
22.41% $77.03
5.05%
TRU
+24.28%
+26,786
+0.16%
$82.99
14.86% $70.66
0.82%
Z
+24.28%
+176,481
+0.87%
$68.56
-
4.44%
JNJ
+24.28%
+77,173
+0.92%
$165.84
40.36% $232.77
4.69%
ORCL
+24.28%
+51,278
+0.51%
$139.81
52.84% $213.68
2.63%
EA
+24.28%
+55,799
+0.58%
$144.52
40.46% $203.00
2.96%
AON
+24.28%
+26,203
+0.75%
$399.09
17.68% $328.53
3.84%
ZG
+24.28%
+27,265
+0.13%
$66.86
47.07% $35.39
0.67%
EL
+24.28%
+106,089
+0.50%
$66.00
26.50% $83.49
2.57%
BMY
+24.28%
+225,722
+0.99%
$60.99
6.10% $57.27
5.05%
NWS
+21.10%
+125,346
+0.27%
$30.37
2.70% $31.19
1.57%
EBAY
+19.98%
+129,130
+0.63%
$67.73
61.45% $109.35
3.76%
BTAFF
+16.75%
+134,694
+0.40%
$41.10
50.47% $61.85
2.77%
WMG
+16.75%
+307,812
+0.69%
$31.35
4.53% $29.93
4.82%
NVSEF
+16.75%
+62,091
+0.49%
$110.59
34.55% $148.80
3.43%
RBGPF
+16.75%
+106,437
+0.52%
$67.56
10.36% $60.56
3.59%
CFRHF
+16.75%
+21,681
+0.27%
$172.88
20.16% $207.73
1.87%
ICE
+16.75%
+60,364
+0.75%
$172.50
-
5.20%
UNLYF
+16.75%
+58,363
+0.25%
$59.51
7.18% $55.24
1.73%
NTDOF
+16.74%
+109,100
+0.53%
$67.40
32.50% $45.50
3.67%
FOX
+15.74%
+45,177
+0.17%
$52.71
13.60% $59.88
1.25%
FOXA
+3.76%
+40,968
+0.17%
$56.60
18.18% $66.89
4.59%
TKO
-8.91%
-24,643
-0.27%
$152.81
33.17% $203.49
2.76%
PM
-22.67%
-108,541
-1.23%
$158.73
12.32% $178.29
4.21%
RBA
-30.85%
-176,143
-1.27%
$100.30
-
2.84%
AZPN
-100.00%
-161,822
-2.89%
$249.63
-
0.00%
31 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.