Independent Franchise Partners
US Equity Fund
Independent Franchise Partners News Corp A stake
total: 60
US Equity Fund NWSA trades
- Total transactions:
- 24
- New positions:
- 1
- Added:
- 9
- Reduced:
- 14
- Held since:
- 2019 Q3
- Held for:
- 27 quarters
- Latest activity:
- 2026 Q1
According to 2026 Q1 report, Independent Franchise Partners holds 2,191,107 News Corp A (NWSA) shares with a market value of roughly $54.62M accounting for 3.69% of the overall portfolio. To date, the estimated cost basis is nearly $15.42 for "buy" trades and estimated average "sell" price is $20.98. US Equity Fund first purchased NWSA in 2019 Q3, initially acquiring about 5.65M shares. Since the initial investment in News Corp A (NWSA), US Equity Fund has made 23 more transactions.
When did Independent Franchise Partners buy News Corp A (NWSA)?
Independent Franchise Partners first invested in News Corp A (NWSA) in 2019 Q3 at the reported quarter-end price of $13.92 per share.
What's the cost basis of US Equity Fund's NWSA stake?
The estimated cost basis for News Corp A (NWSA) stake is around $15.42 per share. This represents their average reported price* across all buy transactions
Estimated cost basis*
- Weighted AVG buy price:
- $15.42
- Weighted AVG sell price:
- $20.98
Independent Franchise Partners's historical trades in News Corp A
24 results
| Period |
% of portfolio |
Shares held after* |
Reported price* |
Value* |
% (shares) of activity |
% change to portfolio |
|---|---|---|---|---|---|---|
|
2026 Q1
|
3.69%
|
2,191,107
|
$24.93
|
$54,624,298
|
+2.67% (+57,013)
|
+0.1%
|
|
2025 Q4
|
3.55%
|
2,134,094
|
$26.12
|
$55,742,535
|
+2.51% (+52,176)
|
+0.09%
|
|
2025 Q3
|
3.90%
|
2,081,918
|
$30.71
|
$63,935,702
|
+8.73% (+167,106)
|
+0.31%
|
|
2025 Q2
|
3.92%
|
1,914,812
|
$29.72
|
$56,908,213
|
+6.41% (+115,392)
|
+0.24%
|
|
2025 Q1
|
3.51%
|
1,799,420
|
$27.22
|
$48,980,212
|
+25.68% (+367,646)
|
+0.72%
|
|
2024 Q4
|
3.59%
|
1,431,774
|
$27.54
|
$39,431,056
|
-45.12% (-1,177,143)
|
-1.65%
|
|
2024 Q3
|
3.54%
|
2,608,917
|
$26.63
|
$69,475,460
|
-3.71% (-100,408)
|
-0.14%
|
|
2024 Q2
|
3.97%
|
2,709,325
|
$27.57
|
$74,696,090
|
-20.29% (-689,473)
|
-0.98%
|
|
2024 Q1
|
4.57%
|
3,398,798
|
$26.18
|
$88,980,532
|
-2.66% (-92,994)
|
-0.13%
|
|
2023 Q4
|
4.63%
|
3,491,792
|
$24.55
|
$85,723,494
|
-1.05% (-37,023)
|
-0.05%
|
|
2023 Q2
|
3.69%
|
$19.50
|
+3.83% (+130,209)
|
|||
|
2023 Q1
|
3.48%
|
$17.27
|
+6.62% (+211,072)
|
|||
|
2022 Q4
|
3.71%
|
$18.20
|
-3.09% (-101,497)
|
|||
|
2022 Q2
|
3.23%
|
$15.58
|
-2.45% (-82,597)
|
|||
|
2022 Q1
|
3.99%
|
$22.15
|
-11.88% (-454,602)
|
|||
|
2021 Q4
|
4.10%
|
$22.31
|
-0.06% (-2,427)
|
|||
|
2021 Q3
|
4.51%
|
$23.53
|
-2.63% (-103,271)
|
|||
|
2021 Q2
|
5.02%
|
$25.77
|
-0.15% (-5,959)
|
|||
|
2021 Q1
|
5.20%
|
$25.43
|
+0.55% (+21,616)
|
|||
|
2020 Q4
|
3.82%
|
$17.97
|
-4.64% (-190,533)
|
|||
|
2020 Q3
|
3.51%
|
$14.02
|
-4.24% (-181,904)
|
|||
|
2020 Q1
|
2.89%
|
$8.98
|
+9.02% (+354,971)
|
|||
|
2019 Q4
|
3.51%
|
$14.14
|
-30.36% (-1,714,783)
|
|||
|
2019 Q3
|
3.88%
|
$13.92
|
new
|
|||
* Shares, change to shares, sold shares, shares held after: 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.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
* Estimated cost basis: based on "Reported price*" (not earlier than 2013 Q2). Calculation starts from the latest "new buy" activity to the latest "close out" activity (if any).
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* New buy or own: this means there is no earlier reporting (for us or in general). So we can't know if the actual purchase of the security happened at the reported period or earlier.