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
7.08% $9.97
3.30%
KVUE
+173.95%
+1,957,740
+3.36%
$23.98
0.46% $23.87
5.30%
LYV
+34.88%
+98,177
+0.92%
$130.58
5.06% $137.19
3.55%
SOLV
+34.46%
+167,689
+0.91%
$76.04
3.88% $73.09
3.57%
NWSA
+25.68%
+343,749
+0.72%
$27.22
3.75% $28.24
3.51%
CTVA
+24.29%
+217,602
+0.99%
$62.93
12.51% $70.80
5.05%
ORCL
+24.28%
+51,278
+0.51%
$139.81
18.40% $165.53
2.63%
EA
+24.28%
+55,799
+0.58%
$144.52
0.51% $143.78
2.96%
AON
+24.28%
+13,363
+0.75%
$399.09
6.77% $372.08
3.84%
ZG
+24.28%
+27,265
+0.13%
$66.86
1.03% $66.17
0.67%
EL
+24.28%
+57,288
+0.50%
$66.00
1.42% $66.94
2.57%
BMY
+24.28%
+125,275
+0.99%
$60.99
20.84% $48.28
5.05%
TRU
+24.28%
+26,786
+0.16%
$82.99
3.18% $85.63
0.82%
Z
+24.28%
+176,481
+0.87%
$68.56
2.11% $67.11
4.44%
JNJ
+24.28%
+77,173
+0.92%
$165.84
6.41% $155.21
4.69%
NWS
+21.10%
+125,346
+0.27%
$30.37
7.74% $32.72
1.57%
EBAY
+19.98%
+129,130
+0.63%
$67.73
8.03% $73.17
3.76%
RBGPF
+16.75%
+106,437
+0.52%
$67.56
6.75% $63.00
3.59%
CFRHF
+16.75%
+21,681
+0.27%
$172.88
8.83% $188.15
1.87%
ICE
+16.75%
+31,691
+0.75%
$172.50
4.23% $179.80
5.20%
UNLYF
+16.75%
+58,363
+0.25%
$59.51
4.53% $62.21
1.73%
BTAFF
+16.75%
+76,775
+0.40%
$41.10
6.63% $43.83
2.77%
WMG
+16.75%
+307,812
+0.69%
$31.35
16.04% $26.32
4.82%
NVSEF
+16.75%
+62,091
+0.49%
$110.59
1.27% $112.00
3.43%
NTDOF
+16.74%
+109,100
+0.53%
$67.40
24.25% $83.75
3.67%
FOX
+15.74%
+45,177
+0.17%
$52.71
4.61% $50.28
1.25%
FOXA
+3.76%
+40,968
+0.17%
$56.60
2.93% $54.94
4.59%
TKO
-8.91%
-23,780
-0.27%
$152.81
3.27% $157.81
2.76%
PM
-22.67%
-103,113
-1.23%
$158.73
13.77% $180.59
4.21%
RBA
-30.85%
-172,620
-1.27%
$100.30
4.99% $105.30
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.