Independent Franchise Partners
US Equity Fund
US Equity Fund Portfolio 13F
Independent Franchise Partners Holdings Activity
- Portfolio value:
- $1.45B≈ (+$55M≈)
- Previous value:
- $1.40B≈
- # of changes:
- 29
- New positions:
- 0
- Reported for:
- 30 Jun 2025 (Q2)
- Latest filing date:
- 27 Aug 2025
US Equity Fund has disclosed a total of 29 changes to the portfolio in the (2025 Q2) SEC report(s): increased the number of shares of 21 and decreased the number of shares of 8 position(s).
What stocks did Independent Franchise Partners buy in 2025 Q2?
During 2025 Q2 Independent Franchise Partners has bought 21 securities out of which top 5 purchases (by % change to portfolio) were (BMY) Bristol-Myers Squibb Company (added shares +39.29%), (ZG) Zillow Group Inc (added shares +0.18%), (KVUE) Kenvue Inc (added shares +0.18%), (JNJ) Johnson & Johnson (added shares +0.18%) and (ORCL) Oracle Corp (added shares +4.21%).
What did Independent Franchise Partners invest in during 2025 Q2?
In the 2025 Q2 report(s) the following changes have been made to the top investments: (BMY) Bristol-Myers Squibb Company (added shares +39.29%), (CTVA) Corteva Inc (reduced shares -10.72%), (ICE) Intercontinental Exchange Inc (reduced shares -4.85%), (ZG) Zillow Group Inc (added shares +0.18%) and (KVUE) Kenvue Inc (added shares +0.18%).
29 results
| History | Ticker | Name |
% or activity |
Shares change |
Shares held after* |
% change to portfolio |
Reported price* |
% difference current price* |
% of portfolio |
Held since* | Held for* |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
|
TransUnion
|
+183.00%
|
+250,898
|
388,003
|
+1.52%
|
$88.00
|
-10.35%($78.90)
|
2.35%
|
2022 Q1
|
≈ 3.50 years
|
|
|
|
Bristol-Myers Squibb Company
|
+39.29%
|
+453,930
|
1,609,262
|
+1.45%
|
$46.29
|
+40.68%($65.12)
|
5.13%
|
2019 Q3
|
≈ 6.00 years
|
|
|
|
Aon PLC
|
+8.81%
|
+11,819
|
145,939
|
+0.29%
|
$356.76
|
+1.92%($363.60)
|
3.59%
|
2020 Q3
|
≈ 5.00 years
|
|
|
|
News Corp A
|
+6.41%
|
+115,392
|
1,914,812
|
+0.24%
|
$29.72
|
-6.73%($27.72)
|
3.92%
|
2019 Q3
|
≈ 6.00 years
|
|
|
|
Oracle Corp
|
+4.21%
|
+11,048
|
273,513
|
+0.17%
|
$218.63
|
-41.22%($128.52)
|
4.12%
|
2019 Q3
|
≈ 6.00 years
|
|
|
|
Solventum Corp
|
+3.82%
|
+25,003
|
679,322
|
+0.13%
|
$75.84
|
+12.57%($85.37)
|
3.55%
|
2024 Q3
|
≈ 1.00 year
|
|
|
|
RB Global Inc
|
+0.18%
|
+729
|
395,469
|
+0.01%
|
$106.19
|
+2.92%($109.30)
|
2.89%
|
2021 Q3
|
≈ 4.00 years
|
|
|
|
Fox Corp, CL-B
|
+0.18%
|
+606
|
332,872
|
+0%
|
$51.63
|
+0.64%($51.96)
|
1.18%
|
2023 Q2
|
≈ 2.25 years
|
|
|
|
Warner Bros Discovery Inc
|
+0.18%
|
+7,835
|
4,303,799
|
+0.01%
|
$11.46
|
+128.27%($26.16)
|
3.40%
|
2025 Q1
|
≈ 0.50 years
|
|
|
|
Kenvue Inc
|
+0.18%
|
+5,623
|
3,088,792
|
+0.01%
|
$20.93
|
-7.91%($19.28)
|
4.46%
|
2024 Q3
|
≈ 1.00 year
|
|
* 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.
* Current price: this can be a delayed price and may not reflect the real-time market value, however it is too close.
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* Held since / Held for: calculated since the latest "new buy" position. If the security was previously exited and re-entered, only the most recent holding period is counted.