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
2020 Q4 (30 results)
TMX
TERMINIX GLOBAL HOLDINGS INC
buy
+893,132
+2.47%
$51.01
25.76% $37.87
2.47%
CME
CME GROUP INC
buy
+205,578
+2.03%
$182.05
58.75% $289.00
2.03%
AON
AON PLC-CLASS A
+26.63%
+84,758
+0.97%
$211.27
76.12% $372.08
4.62%
ALC
ALCON INC
+21.57%
+133,001
+0.54%
$66.46
29.30% $85.94
3.02%
ORCL
ORACLE CORP
+16.60%
+225,623
+0.79%
$64.69
155.88% $165.53
5.56%
PM
PHILIP MORRIS INTERNATIONAL
+12.06%
+148,414
+0.67%
$82.79
118.13% $180.59
6.19%
WWE
WORLD WRESTLING ENTERTAIN-A
+10.18%
+98,048
+0.26%
$48.05
109.47% $100.65
2.77%
IBM
INTL BUSINESS MACHINES CORP
+6.08%
+32,218
+0.22%
$125.88
105.80% $259.06
0.00%
IAA
IAA INC
+5.49%
+35,682
+0.13%
$64.98
38.61% $39.89
2.42%
MO
ALTRIA GROUP INC
+2.18%
+30,744
+0.07%
$41.00
47.83% $60.61
3.20%
EA
ELECTRONIC ARTS INC
-0.16%
-694
-0.01%
$143.60
0.13% $143.78
3.33%
MSFT
MICROSOFT CORP
-0.61%
-2,035
-0.03%
$222.42
106.98% $460.36
4.12%
EBAY
EBAY INC
-0.61%
-6,202
-0.02%
$50.25
45.61% $73.17
2.80%
GOOGL
ALPHABET INC-CL A
-0.61%
-3,120
-0.01%
$87.63
95.98% $171.74
2.42%
ADSK
AUTODESK INC
-0.61%
-395
-0.01%
$305.34
3.02% $296.12
1.06%
FOXA
FOX CORP - CLASS A
-0.61%
-8,555
-0.03%
$29.12
88.67% $54.94
4.28%
BKNG
BOOKING HOLDINGS INC
-0.61%
-258
-0.03%
$2,227.27
147.79% $5,518.93
5.09%
BMY
BRISTOL-MYERS SQUIBB CO
-0.61%
-6,525
-0.02%
$62.03
22.17% $48.28
3.58%
NVSEF
NOVARTIS AG-REG
-0.61%
-3,396
-0.02%
$94.49
18.53% $112.00
3.12%
BTAFF
BRITISH AMERICAN TOBACCO PLC
-0.61%
-11,338
-0.02%
$37.03
18.36% $43.83
3.71%
CTVA
CORTEVA INC
-0.61%
-13,498
-0.03%
$38.72
82.85% $70.80
4.92%
JNJ
JOHNSON & JOHNSON
-0.61%
-3,076
-0.03%
$157.38
1.38% $155.21
4.28%
WU
WESTERN UNION CO
-0.61%
-13,920
-0.02%
$21.94
57.70% $9.28
2.70%
ACN
ACCENTURE PLC-CL A
-0.61%
-1,580
-0.02%
$261.21
21.29% $316.82
3.82%
NWSA
NEWS CORP - CLASS A
-4.64%
-190,533
-0.19%
$17.97
57.15% $28.24
3.82%
NTDOF
NINTENDO CO LTD
-19.58%
-33,485
-1.25%
$637.55
86.86% $83.75
5.14%
AAPL
APPLE INC
-30.43%
-161,099
-1.16%
$132.69
51.37% $200.85
2.65%
SPGI
S&P GLOBAL INC
-42.85%
-65,541
-1.17%
$328.73
56.01% $512.86
1.56%
EFX
EQUIFAX INC
-100.00%
-62,246
-0.85%
$156.90
68.38% $264.19
0.00%
SVW
SERVICEMASTER GLOBAL HOLDING
-100.00%
-503,220
-1.94%
$39.88
-
0.00%
30 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.