Independent Franchise Partners' US Equity Fund bought 343K shares more of Otis Worldwide Corp (OTIS) in 2026 Q2, according to the NPORT-P filed with the SEC on August 28, 2026, a 96% increase in the share count. Independent Franchise Partners now holds 698K shares worth about $50M, 3.77% of the portfolio against 1.85% a quarter earlier.
What did the 2026 Q2 filing report for OTIS?
As of June 30, 2026, from the NPORT-P filed August 28, 2026.
| Before | After | |
|---|---|---|
| Shares | 356K | 698K |
| Shares added | +343K (96%) | |
| Reported value | $27.4M | $50M |
| Portfolio weight | 1.85% | 3.77% |
| Rank in portfolio | 13th of 31 |
How much did Independent Franchise Partners add to OTIS?
Independent Franchise Partners added 343K shares of OTIS during 2026 Q2, taking the stake from 356K to 698K. The reported value of the position rose by about $22.6M, from about $27.4M to about $50M.
Where does OTIS sit in the Independent Franchise Partners portfolio?
OTIS ranks 13th of 31 stock positions in the Independent Franchise Partners portfolio at 3.77%, about the fund's average stock position of 3%. The OTIS addition was the 2nd largest of the quarter's 31 position changes by percent change to portfolio. The largest stock position is BMY at 6.01%. Next come WBD at 5.4% and SOLV at 5.05%. The three largest stocks together are 16.46% of the book. Across the 2026 Q2 portfolio, Independent Franchise Partners reported 31 stock positions, with no position opened or closed. The total portfolio value is about $1.3B, down 10% from the prior quarter.
How long has Independent Franchise Partners held OTIS?
Independent Franchise Partners first reported OTIS in the quarter ended September 30, 2025. The current weight is the highest the fund has reported for the name. The fund added to it last quarter as well, by 2%. Every reported trade is on the Independent Franchise Partners OTIS trade history page.
FAQ
How many OTIS shares did Independent Franchise Partners buy in 2026 Q2?
Independent Franchise Partners added 343K shares of OTIS, a 96% increase, to 698K shares.
What is the OTIS position of Independent Franchise Partners worth now?
The OTIS position of Independent Franchise Partners is worth about $50M at June 30, 2026 prices, 3.77% of the portfolio.
Is OTIS a top holding of Independent Franchise Partners?
OTIS ranks 13th of 31 stock positions in the Independent Franchise Partners portfolio, at 3.77%.