Independent Franchise Partners Holdings Activity

US Equity Fund Portfolio 13F

US Equity Fund has disclosed a total of 35 changes to the portfolio in the latest (2026 Q1) SEC report(s): increased the number of shares of 25, bought 1 totally new, decreased the number of shares of 6 and completely sold out 3 position(s).

What stocks is Independent Franchise Partners buying now?

In the recent quarter Independent Franchise Partners has bought 26 securities out of which top 5 purchases (by % change to portfolio) are (UMGNF) UNIVERSAL MUSIC GROUP NV (added shares +516.94%), (RBGPF) RECKITT BENCKISER GROUP PLC (new buy), (TRU) TRANSUNION (added shares +44.6%), (NTDOF) NINTENDO CO LTD (added shares +104.48%) and (CRM) SALESFORCECOM INC (added shares +53.08%).

What does Independent Franchise Partners invest in?

Independent Franchise Partners's top 5 holdings (by % of portfolio) are (BMY) BRISTOL-MYERS SQUIBB CO (6.51%), (WBD) WARNER BROS DISCOVERY INC (5.73%), (AON) AON PLC-CLASS A (4.67%), (SOLV) SOLVENTUM CORP (4.4%) and (LYV) LIVE NATION ENTERTAINMENT IN (4.32%).

In the latest report(s) the following changes have been made to the top investments: (BMY) BRISTOL-MYERS SQUIBB CO (added shares +2.43%), (WBD) WARNER BROS DISCOVERY INC (reduced shares -25.55%), (AON) AON PLC-CLASS A (added shares +29.22%), (SOLV) SOLVENTUM CORP (added shares +2.43%) and (LYV) LIVE NATION ENTERTAINMENT IN (added shares +2.6%).

2025 Q2 (30 results)
TRU
+183.00%
+250,898
+1.52%
$88.00
21.15% $69.39
2.35%
BMY
+39.29%
+453,930
+1.45%
$46.29
18.21% $54.72
5.13%
AON
+8.81%
+11,819
+0.29%
$356.76
11.54% $315.60
3.59%
NWSA
+6.41%
+115,392
+0.24%
$29.72
12.35% $26.05
3.92%
ORCL
+4.21%
+11,048
+0.17%
$218.63
5.35% $230.33
4.12%
SOLV
+3.82%
+25,003
+0.13%
$75.84
3.32% $78.36
3.55%
FOX
+0.18%
+606
+0.00%
$51.63
11.25% $57.44
1.18%
JNJ
+0.18%
+720
+0.01%
$152.75
46.15% $223.24
4.17%
EA
+0.18%
+520
+0.01%
$159.70
26.88% $202.63
3.15%
WBD
+0.18%
+7,835
+0.01%
$11.46
135.60% $27.00
3.40%
ZG
+0.18%
+254
+0.00%
$68.49
48.04% $35.59
0.66%
RBA
+0.18%
+729
+0.01%
$106.19
-
2.89%
LYV
+0.18%
+692
+0.01%
$151.28
8.57% $164.25
3.97%
KVUE
+0.18%
+5,623
+0.01%
$20.93
19.59% $16.83
4.46%
EL
+0.18%
+990
+0.01%
$80.80
1.55% $82.05
3.03%
Z
+0.18%
+1,647
+0.01%
$70.05
-
4.37%
TKO
+0.18%
+459
+0.01%
$181.95
9.13% $198.57
3.16%
CFRHF
+0.13%
+201
+0.00%
$188.35
10.94% $208.96
1.96%
BTAFF
+0.13%
+1,246
+0.00%
$47.53
27.61% $60.66
3.08%
NVSEF
+0.13%
+575
+0.00%
$121.20
18.92% $144.14
3.62%
UNLYF
+0.13%
+540
+0.00%
$60.97
9.63% $55.10
1.71%
WMG
+0.13%
+2,849
+0.01%
$27.24
8.00% $29.42
4.03%
NWS
-2.63%
-18,936
-0.04%
$34.31
13.09% $29.82
1.66%
ICE
-4.85%
-20,416
-0.26%
$183.47
-
5.06%
FOXA
-5.11%
-57,775
-0.22%
$56.04
14.70% $64.28
4.15%
EBAY
-8.08%
-62,679
-0.32%
$74.46
46.15% $108.82
3.66%
PM
-8.18%
-30,306
-0.38%
$182.13
3.40% $175.94
4.27%
CTVA
-10.72%
-119,969
-0.62%
$74.53
4.39% $77.80
5.13%
RBGPF
-46.07%
-341,846
-1.60%
$68.01
11.77% $60.01
1.88%
NTDOF
-47.25%
-359,500
-2.39%
$96.39
52.04% $46.23
2.67%
30 of 734

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.