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%).

2024 Q4 (30 results)
LYV
+75.56%
+121,129
+1.43%
$129.50
26.83% $164.25
3.31%
SOLV
+20.19%
+81,754
+0.49%
$66.06
18.62% $78.36
2.92%
EL
-30.97%
-196,021
-1.34%
$74.98
9.43% $82.05
2.98%
WMG
-31.50%
-845,266
-2.38%
$31.00
5.10% $29.42
5.18%
EBAY
-34.70%
-343,495
-1.94%
$61.95
75.66% $108.82
3.64%
CTVA
-35.72%
-500,299
-2.59%
$56.96
36.59% $77.80
4.66%
JNJ
-37.46%
-190,384
-2.50%
$144.62
54.36% $223.24
4.18%
NVSEF
-38.79%
-234,968
-2.09%
$97.74
47.48% $144.14
3.30%
RBGPF
-38.80%
-402,942
-2.22%
$60.50
0.82% $60.01
3.50%
TRU
-44.90%
-89,879
-0.76%
$92.71
25.15% $69.39
0.93%
CFRHF
-45.05%
-106,132
-1.47%
$151.95
37.52% $208.96
1.79%
AZPN
-45.12%
-133,043
-3.02%
$249.63
-
0.00%
BTAFF
-45.12%
-661,190
-2.17%
$36.05
68.24% $60.66
2.64%
NWSA
-45.12%
-1,177,143
-2.95%
$27.54
5.41% $26.05
3.59%
ICE
-45.12%
-296,319
-4.02%
$149.01
-
4.88%
NWS
-45.12%
-488,395
-1.35%
$30.43
2.00% $29.82
1.64%
UNLYF
-45.12%
-286,496
-1.48%
$56.85
3.07% $55.10
1.80%
KVUE
-45.12%
-925,280
-1.80%
$21.35
21.17% $16.83
2.19%
NTDOF
-45.12%
-535,800
-2.87%
$58.88
21.48% $46.23
3.49%
FOX
-45.12%
-236,033
-0.98%
$45.74
25.58% $57.44
1.19%
BMY
-45.69%
-782,074
-4.02%
$56.56
3.25% $54.72
4.78%
FOXA
-48.23%
-1,015,908
-4.49%
$48.58
32.32% $64.28
4.82%
ZG
-49.80%
-111,410
-0.72%
$70.85
49.77% $35.59
0.72%
ORCL
-52.42%
-232,673
-3.53%
$166.64
38.22% $230.33
3.20%
EA
-53.56%
-265,076
-3.53%
$146.30
38.50% $202.63
3.06%
Z
-54.49%
-870,093
-5.86%
$74.05
-
4.90%
PM
-54.85%
-581,865
-6.37%
$120.35
46.19% $175.94
5.24%
AON
-56.63%
-140,889
-4.60%
$359.16
12.13% $315.60
3.53%
TKO
-57.37%
-372,051
-4.81%
$142.11
39.73% $198.57
3.57%
RBA
-58.88%
-817,540
-6.71%
$90.21
-
4.68%
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.