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 Q2 (29 results)
ICE
INTERCONTINENTAL EXCHANGE IN
buy
+330,172
+2.90%
$118.70
58.76% $188.45
2.90%
IAA
IAA INC
+73.31%
+308,100
+1.36%
$54.54
26.86% $39.89
3.22%
NVSEF
NOVARTIS AG-REG
+28.31%
+171,973
+0.78%
$91.13
22.22% $111.38
3.52%
GOOGL
ALPHABET INC-CL A
+27.93%
+142,940
+0.86%
$122.09
59.75% $195.04
3.96%
BMY
BRISTOL-MYERS SQUIBB CO
+18.74%
+175,595
+0.80%
$66.82
32.06% $45.40
5.04%
ALC
ALCON INC
+8.09%
+67,627
+0.23%
$70.01
25.43% $87.82
3.13%
SPGI
S&P GLOBAL INC
+0.26%
+406
+0.01%
$410.45
37.17% $563.02
3.24%
NWS
NEWS CORP - CLASS B
-0.15%
-1,659
-0.00%
$24.35
37.99% $33.60
1.93%
NWSA
NEWS CORP - CLASS A
-0.15%
-5,959
-0.01%
$25.77
14.51% $29.51
5.02%
BKNG
BOOKING HOLDINGS INC
-0.30%
-129
-0.01%
$2,188.09
150.27% $5,476.09
4.58%
MSFT
MICROSOFT CORP
-0.31%
-1,059
-0.01%
$270.90
97.73% $535.64
4.58%
PM
PHILIP MORRIS INTERNATIONAL
-0.31%
-2,670
-0.02%
$99.11
64.45% $162.99
6.76%
EBAY
EBAY INC
-0.31%
-3,182
-0.01%
$70.21
32.26% $92.86
3.57%
CME
CME GROUP INC
-0.31%
-406
-0.01%
$212.68
34.99% $287.10
2.16%
AAPL
APPLE INC
-0.31%
-1,144
-0.01%
$136.96
48.47% $203.35
2.50%
WU
WESTERN UNION CO
-0.31%
-4,603
-0.01%
$22.97
65.04% $8.03
2.58%
EA
ELECTRONIC ARTS INC
-0.31%
-948
-0.01%
$143.83
11.08% $159.77
3.05%
TMX
TERMINIX GLOBAL HOLDINGS INC
-0.31%
-2,773
-0.01%
$47.71
20.62% $37.87
2.11%
AON
AON PLC-CLASS A
-0.31%
-1,244
-0.01%
$238.76
50.95% $360.40
4.76%
JNJ
JOHNSON & JOHNSON
-0.31%
-1,554
-0.01%
$164.74
3.82% $171.04
4.09%
BTAFF
BRITISH AMERICAN TOBACCO PLC
-0.31%
-5,705
-0.01%
$38.73
49.49% $57.90
3.53%
CTVA
CORTEVA INC
-0.31%
-6,156
-0.01%
$44.35
62.16% $71.92
4.36%
FOXA
FOX CORP - CLASS A
-0.31%
-7,701
-0.01%
$37.13
53.46% $56.98
4.56%
WWE
WORLD WRESTLING ENTERTAIN-A
-14.97%
-159,164
-0.46%
$57.89
73.86% $100.65
2.59%
NTDOF
NINTENDO CO LTD
-18.82%
-28,500
-0.82%
$581.66
84.48% $90.30
3.54%
ACN
ACCENTURE PLC-CL A
-22.79%
-61,702
-0.90%
$294.79
12.22% $258.78
3.05%
ORCL
ORACLE CORP
-39.40%
-438,048
-2.41%
$77.84
224.42% $252.53
3.71%
MO
ALTRIA GROUP INC
-42.73%
-617,301
-1.46%
$47.68
29.91% $61.94
1.95%
ADSK
AUTODESK INC
-100.00%
-28,334
-0.39%
$277.15
9.15% $302.50
0.00%
29 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.