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%).

History
Ticker
Stock
%
Activity
Share
Change
% change to
Portfolio
Reported
Price*
% difference
Current Price
% of
Portfolio
2021 Q3 (28 results)
RBA
RITCHIE BROS AUCTIONEERS
buy
+1,182,932
+3.65%
$61.66
78.12% $109.83
3.65%
ICE
INTERCONTINENTAL EXCHANGE IN
+29.81%
+146,879
+0.84%
$114.82
64.13% $188.45
3.67%
IAA
IAA INC
+9.31%
+111,163
+0.30%
$54.57
26.90% $39.89
3.56%
NTDOF
NINTENDO CO LTD
-1.87%
-2,300
-0.06%
$487.98
81.50% $90.30
2.94%
GOOGL
ALPHABET INC-CL A
-1.89%
-12,051
-0.08%
$133.68
45.91% $195.04
4.30%
SPGI
S&P GLOBAL INC
-1.90%
-1,801
-0.06%
$424.89
32.51% $563.02
3.32%
WU
WESTERN UNION CO
-1.90%
-43,079
-0.04%
$20.22
60.29% $8.03
2.25%
ORCL
ORACLE CORP
-1.90%
-18,296
-0.08%
$87.13
189.83% $252.53
4.12%
JNJ
JOHNSON & JOHNSON
-1.90%
-9,544
-0.08%
$161.50
5.91% $171.04
3.98%
WWE
WORLD WRESTLING ENTERTAIN-A
-1.90%
-17,185
-0.05%
$56.26
78.90% $100.65
2.50%
TMX
TERMINIX GLOBAL HOLDINGS INC
-1.90%
-16,844
-0.04%
$41.67
9.12% $37.87
1.83%
FOXA
FOX CORP - CLASS A
-1.90%
-47,196
-0.09%
$40.11
42.06% $56.98
4.89%
BKNG
BOOKING HOLDINGS INC
-1.90%
-405
-0.10%
$2,373.87
130.68% $5,476.09
4.92%
AON
AON PLC-CLASS A
-1.90%
-7,649
-0.11%
$285.77
26.12% $360.40
5.64%
MO
ALTRIA GROUP INC
-1.90%
-15,727
-0.04%
$45.52
36.07% $61.94
1.85%
ALC
ALCON INC
-1.90%
-17,179
-0.07%
$81.59
7.63% $87.82
3.62%
NVSEF
NOVARTIS AG-REG
-1.90%
-14,814
-0.06%
$82.44
35.10% $111.38
3.15%
BTAFF
BRITISH AMERICAN TOBACCO PLC
-1.90%
-34,983
-0.06%
$35.09
65.02% $57.90
3.17%
CTVA
CORTEVA INC
-1.90%
-37,732
-0.08%
$42.08
70.91% $71.92
4.10%
EA
ELECTRONIC ARTS INC
-1.90%
-4,598
-0.06%
$142.25
12.32% $159.77
2.99%
PM
PHILIP MORRIS INTERNATIONAL
-1.90%
-26,201
-0.12%
$94.79
71.95% $162.99
6.41%
BMY
BRISTOL-MYERS SQUIBB CO
-1.90%
-16,803
-0.09%
$59.17
23.27% $45.40
4.42%
CME
CME GROUP INC
-1.90%
-3,905
-0.04%
$193.38
48.46% $287.10
1.95%
NWSA
NEWS CORP - CLASS A
-2.63%
-99,140
-0.12%
$23.53
25.41% $29.51
4.51%
MSFT
MICROSOFT CORP
-20.24%
-38,044
-0.98%
$281.92
90.00% $535.64
3.84%
EBAY
EBAY INC
-26.18%
-268,828
-0.94%
$69.67
33.29% $92.86
2.64%
AAPL
APPLE INC
-26.40%
-97,475
-0.69%
$141.50
43.71% $203.35
0.00%
ACN
ACCENTURE PLC-CL A
-40.04%
-44,785
-1.34%
$319.92
19.11% $258.78
2.01%
28 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.