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%).

2023 Q4 (28 results)
PKI
buy
+151,079
+1.36%
$109.31
5.42% $115.24
1.36%
TRU
+20.62%
+100,027
+0.59%
$68.71
36.44% $93.75
3.47%
TKO
+18.11%
+134,892
+0.59%
$81.58
103.62% $166.11
3.88%
EL
-0.86%
-2,592
-0.02%
$146.25
36.77% $92.47
2.35%
ICE
-0.87%
-6,424
-0.04%
$128.43
45.91% $187.39
5.10%
BTAFF
-0.91%
-12,425
-0.03%
$29.26
97.88% $57.90
3.18%
CTVA
-0.91%
-13,649
-0.04%
$47.92
49.83% $71.80
3.83%
AZPN
-0.91%
-1,877
-0.02%
$220.15
20.07% $264.33
2.43%
BMY
-0.96%
-16,838
-0.05%
$51.31
11.46% $45.43
4.81%
BKNG
-1.01%
-133
-0.05%
$3,547.22
53.92% $5,459.99
4.58%
NWSA
-1.05%
-20,917
-0.05%
$24.55
20.08% $29.48
4.63%
NWS
-1.06%
-15,389
-0.02%
$25.72
30.60% $33.59
1.99%
ZG
-1.15%
-2,903
-0.01%
$56.72
41.66% $80.35
0.77%
AON
-1.15%
-2,711
-0.04%
$291.02
23.63% $359.78
3.68%
ORCL
-1.15%
-7,822
-0.04%
$105.43
139.27% $252.26
3.84%
Z
-1.15%
-11,089
-0.06%
$57.86
44.43% $83.57
5.59%
EA
-1.15%
-6,424
-0.05%
$136.81
16.88% $159.90
4.10%
NVSEF
-1.15%
-5,866
-0.06%
$100.91
10.38% $111.38
4.76%
RBA
-1.15%
-12,505
-0.08%
$66.89
63.49% $109.36
6.55%
CFRHF
-1.15%
-4,372
-0.03%
$137.63
18.64% $163.28
2.80%
JNJ
-1.15%
-3,130
-0.03%
$156.74
8.83% $170.58
2.29%
EBAY
-1.15%
-14,019
-0.03%
$43.62
113.25% $93.02
2.85%
PM
-1.15%
-11,172
-0.06%
$94.08
73.39% $163.13
4.90%
FOXA
-1.40%
-30,052
-0.05%
$29.67
92.28% $57.05
3.39%
NYT
-1.45%
-8,410
-0.03%
$48.99
9.94% $53.86
2.36%
CRM
-23.14%
-46,583
-1.09%
$263.14
3.81% $253.12
0.00%
SPGI
-23.87%
-32,788
-0.78%
$440.52
27.51% $561.72
0.00%
NTDOF
-24.62%
-445,400
-1.26%
$52.19
69.55% $88.49
3.84%
2023 Q3 (11 results)
TKO
buy
+745,043
+3.56%
$84.06
97.61% $166.11
3.56%
EL
buy
+300,409
+2.47%
$144.55
36.03% $92.47
2.47%
AZPN
+30.09%
+28,117
+0.55%
$204.26
29.41% $264.33
2.39%
CTVA
+25.40%
+201,315
+0.88%
$51.16
40.34% $71.80
4.34%
ICE
+22.95%
+94,161
+0.87%
$110.02
70.32% $187.39
4.63%
BTAFF
+20.45%
+344,775
+0.62%
$31.44
84.15% $57.90
3.63%
BMY
+9.81%
+156,618
+0.52%
$58.04
21.73% $45.43
5.78%
BKNG
-33.69%
-7,054
-2.15%
$3,083.95
77.05% $5,459.99
4.23%
WWE
-100.00%
-783,187
-4.82%
$108.47
7.21% $100.65
0.00%
MSFT
-100.00%
-163,599
-3.33%
$340.54
57.33% $535.76
0.00%
GOOGL
-100.00%
-165,351
-1.12%
$119.70
62.44% $194.44
0.00%
39 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.