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
2024 Q4 (30 results)
LYV
LIVE NATION ENTERTAINMENT IN
+75.56%
+121,129
+1.43%
$129.50
5.94% $137.19
3.31%
SOLV
SOLVENTUM CORP
+20.19%
+41,285
+0.49%
$66.06
10.64% $73.09
2.92%
EL
ESTEE LAUDER COMPANIES-CL A
-30.97%
-101,930
-1.34%
$74.98
10.72% $66.94
2.98%
WMG
WARNER MUSIC GROUP CORP-CL A
-31.50%
-502,933
-2.38%
$31.00
15.10% $26.32
5.18%
EBAY
EBAY INC
-34.70%
-343,495
-1.94%
$61.95
18.11% $73.17
3.64%
CTVA
CORTEVA INC
-35.72%
-500,299
-2.59%
$56.96
24.30% $70.80
4.66%
JNJ
JOHNSON & JOHNSON
-37.46%
-190,384
-2.50%
$144.62
7.32% $155.21
4.18%
NVSEF
NOVARTIS AG-REG
-38.79%
-136,281
-2.09%
$97.74
14.59% $112.00
3.30%
RBGPF
RECKITT BENCKISER GROUP PLC
-38.80%
-402,942
-2.22%
$60.50
4.12% $63.00
3.50%
TRU
TRANSUNION
-44.90%
-89,879
-0.76%
$92.71
7.64% $85.63
0.93%
CFRHF
CIE FINANCIERE RICHEMO-A REG
-45.05%
-106,132
-1.47%
$151.95
23.83% $188.15
1.79%
FOX
FOX CORP - CLASS B
-45.12%
-143,980
-0.98%
$45.74
9.93% $50.28
1.19%
AZPN
ASPEN TECHNOLOGY INC
-45.12%
-83,151
-3.02%
$249.63
5.89% $264.33
0.00%
BTAFF
BRITISH AMERICAN TOBACCO PLC
-45.12%
-661,190
-2.17%
$36.05
21.57% $43.83
2.64%
NWSA
NEWS CORP - CLASS A
-45.12%
-1,177,143
-2.95%
$27.54
2.54% $28.24
3.59%
ICE
INTERCONTINENTAL EXCHANGE IN
-45.12%
-296,319
-4.02%
$149.01
20.66% $179.80
4.88%
NWS
NEWS CORP - CLASS B
-45.12%
-483,511
-1.35%
$30.43
7.53% $32.72
1.64%
UNLYF
UNILEVER PLC
-45.12%
-286,496
-1.48%
$56.85
9.43% $62.21
1.80%
KVUE
KENVUE INC
-45.12%
-508,904
-1.80%
$21.35
11.80% $23.87
2.19%
NTDOF
NINTENDO CO LTD
-45.12%
-535,800
-2.87%
$58.88
42.25% $83.75
3.49%
BMY
BRISTOL-MYERS SQUIBB CO
-45.69%
-418,409
-4.02%
$56.56
14.64% $48.28
4.78%
FOXA
FOX CORP - CLASS A
-48.23%
-1,015,908
-4.49%
$48.58
13.09% $54.94
4.82%
ZG
ZILLOW GROUP INC - A
-49.80%
-111,410
-0.72%
$70.85
6.61% $66.17
0.72%
ORCL
ORACLE CORP
-52.42%
-232,673
-3.53%
$166.64
0.67% $165.53
3.20%
EA
ELECTRONIC ARTS INC
-53.56%
-265,076
-3.53%
$146.30
1.72% $143.78
3.06%
Z
ZILLOW GROUP INC - C
-54.49%
-491,602
-5.86%
$74.05
9.37% $67.11
4.90%
PM
PHILIP MORRIS INTERNATIONAL
-54.85%
-581,865
-6.37%
$120.35
50.05% $180.59
5.24%
AON
AON PLC-CLASS A
-56.63%
-140,889
-4.60%
$359.16
3.60% $372.08
3.53%
TKO
TKO GROUP HOLDINGS INC
-57.37%
-372,051
-4.81%
$142.11
11.05% $157.81
3.57%
RBA
RB GLOBAL INC
-58.88%
-817,540
-6.71%
$90.21
16.73% $105.30
4.68%
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.