Independent Franchise Partners Holdings Activity

US Equity Fund Portfolio 13F

US Equity Fund has disclosed a total of 31 changes to the portfolio in the latest (2025 Q1) SEC report(s): increased the number of shares of 26, bought 1 totally new, decreased the number of shares of 3 and completely sold out 1 position(s).

What stocks is Independent Franchise Partners buying now?

In the recent quarter Independent Franchise Partners has bought 27 securities out of which top 5 purchases (by % change to portfolio) are (KVUE) KENVUE INC (added shares +173.95%), (WBD) WARNER BROS DISCOVERY INC (new buy), (BMY) BRISTOL-MYERS SQUIBB CO (added shares +24.28%), (CTVA) CORTEVA INC (added shares +24.29%) and (LYV) LIVE NATION ENTERTAINMENT IN (added shares +34.88%).

What does Independent Franchise Partners invest in?

Independent Franchise Partners's top 5 holdings (by % of portfolio) are (KVUE) KENVUE INC (5.3%), (ICE) INTERCONTINENTAL EXCHANGE IN (5.2%), (BMY) BRISTOL-MYERS SQUIBB CO (5.05%), (CTVA) CORTEVA INC (5.05%) and (WMG) WARNER MUSIC GROUP CORP-CL A (4.82%).

In the latest report(s) the following changes have been made to the top investments: (KVUE) KENVUE INC (added shares +173.95%), (ICE) INTERCONTINENTAL EXCHANGE IN (added shares +16.75%), (BMY) BRISTOL-MYERS SQUIBB CO (added shares +24.28%), (CTVA) CORTEVA INC (added shares +24.29%) and (WMG) WARNER MUSIC GROUP CORP-CL A (added shares +16.75%).

2025 Q1 (31 results)
WBD
buy
+4,295,964
+3.30%
$10.73
11.93% $12.01
3.30%
KVUE
+173.95%
+1,957,740
+3.36%
$23.98
9.01% $21.82
5.30%
LYV
+34.88%
+98,177
+0.92%
$130.58
13.69% $148.46
3.55%
SOLV
+34.46%
+167,689
+0.91%
$76.04
2.59% $74.07
3.57%
NWSA
+25.68%
+343,749
+0.72%
$27.22
9.22% $29.73
3.51%
CTVA
+24.29%
+217,602
+0.99%
$62.93
16.18% $73.11
5.05%
BMY
+24.28%
+125,275
+0.99%
$60.99
22.38% $47.34
5.05%
TRU
+24.28%
+26,786
+0.16%
$82.99
10.99% $92.11
0.82%
Z
+24.28%
+176,481
+0.87%
$68.56
15.04% $78.87
4.44%
JNJ
+24.28%
+77,173
+0.92%
$165.84
5.44% $156.82
4.69%
ORCL
+24.28%
+51,278
+0.51%
$139.81
63.99% $229.28
2.63%
EA
+24.28%
+55,799
+0.58%
$144.52
2.98% $148.83
2.96%
AON
+24.28%
+13,363
+0.75%
$399.09
9.84% $359.82
3.84%
ZG
+24.28%
+27,265
+0.13%
$66.86
13.94% $76.18
0.67%
EL
+24.28%
+57,288
+0.50%
$66.00
35.74% $89.59
2.57%
NWS
+21.10%
+125,346
+0.27%
$30.37
13.76% $34.55
1.57%
EBAY
+19.98%
+129,130
+0.63%
$67.73
14.62% $77.63
3.76%
UNLYF
+16.75%
+58,363
+0.25%
$59.51
5.69% $62.90
1.73%
BTAFF
+16.75%
+76,775
+0.40%
$41.10
28.12% $52.66
2.77%
WMG
+16.75%
+307,812
+0.69%
$31.35
2.84% $30.46
4.82%
NVSEF
+16.75%
+62,091
+0.49%
$110.59
8.96% $120.50
3.43%
RBGPF
+16.75%
+106,437
+0.52%
$67.56
2.13% $69.00
3.59%
CFRHF
+16.75%
+21,681
+0.27%
$172.88
7.42% $185.72
1.87%
ICE
+16.75%
+31,691
+0.75%
$172.50
5.40% $181.82
5.20%
NTDOF
+16.74%
+109,100
+0.53%
$67.40
25.97% $84.91
3.67%
FOX
+15.74%
+45,177
+0.17%
$52.71
2.64% $51.32
1.25%
FOXA
+3.76%
+40,968
+0.17%
$56.60
1.13% $55.96
4.59%
TKO
-8.91%
-23,780
-0.27%
$152.81
14.18% $174.48
2.76%
PM
-22.67%
-103,113
-1.23%
$158.73
13.87% $180.75
4.21%
RBA
-30.85%
-172,620
-1.27%
$100.30
9.33% $109.66
2.84%
AZPN
-100.00%
-101,138
-2.89%
$249.63
5.89% $264.33
0.00%
31 of 597

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.