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%).

History
Ticker
Stock
%
Activity
Share
Change
% change to
Portfolio
Reported
Price*
% difference
Current Price
% of
Portfolio
2021 Q1 (29 results)
SPGI
S&P GLOBAL INC
+81.88%
+71,569
+1.31%
$352.87
19.73% $422.49
2.91%
BMY
BRISTOL-MYERS SQUIBB CO
+20.66%
+219,765
+0.72%
$63.13
9.92% $56.87
4.21%
NWS
NEWS CORP - CLASS B
+2.20%
+34,443
+0.04%
$23.46
31.93% $30.95
1.95%
NTDOF
NINTENDO CO LTD
+1.82%
+2,700
+0.08%
$558.23
91.71% $46.25
4.39%
GOOGL
ALPHABET INC-CL A
+0.56%
+2,860
+0.02%
$103.13
250.60% $361.56
2.74%
AAPL
APPLE INC
+0.56%
+2,072
+0.01%
$122.15
155.87% $312.55
2.35%
NWSA
NEWS CORP - CLASS A
+0.55%
+21,616
+0.03%
$25.43
6.37% $27.05
5.20%
TMX
TERMINIX GLOBAL HOLDINGS INC
+0.53%
+4,716
+0.01%
$47.67
-
2.22%
BKNG
BOOKING HOLDINGS INC
+0.53%
+223
+0.03%
$2,329.84
92.88% $165.77
5.13%
IAA
IAA INC
+0.46%
+3,167
+0.01%
$55.14
-
1.97%
ACN
ACCENTURE PLC-CL A
+0.40%
+1,076
+0.02%
$276.25
35.82% $177.29
3.89%
JNJ
JOHNSON & JOHNSON
+0.35%
+1,763
+0.02%
$164.35
41.18% $232.03
4.30%
MO
ALTRIA GROUP INC
+0.34%
+4,941
+0.01%
$51.16
40.15% $71.70
3.84%
EBAY
EBAY INC
+0.32%
+3,327
+0.01%
$61.24
78.35% $109.22
3.28%
EA
ELECTRONIC ARTS INC
+0.32%
+1,376
+0.01%
$135.37
49.84% $202.84
3.02%
PM
PHILIP MORRIS INTERNATIONAL
+0.27%
+3,723
+0.02%
$88.74
97.49% $175.25
6.37%
CME
CME GROUP INC
+0.27%
+547
+0.01%
$204.23
23.06% $251.33
2.19%
MSFT
MICROSOFT CORP
+0.26%
+898
+0.01%
$235.77
75.26% $413.20
4.20%
ORCL
ORACLE CORP
+0.24%
+3,785
+0.01%
$70.17
204.89% $213.94
5.79%
AON
AON PLC-CLASS A
+0.20%
+788
+0.01%
$230.11
41.33% $325.22
4.83%
WWE
WORLD WRESTLING ENTERTAIN-A
+0.19%
+1,977
+0.01%
$54.26
-
3.00%
WU
WESTERN UNION CO
+0.13%
+3,044
+0.00%
$24.66
70.40% $7.30
2.91%
ALC
ALCON INC
-0.15%
-1,264
-0.00%
$70.02
4.87% $66.61
3.04%
BTAFF
BRITISH AMERICAN TOBACCO PLC
-0.17%
-3,137
-0.01%
$38.24
61.73% $61.85
3.67%
NVSEF
NOVARTIS AG-REG
-0.20%
-1,208
-0.01%
$85.46
74.12% $148.80
2.70%
FOXA
FOX CORP - CLASS A
-8.06%
-218,240
-0.41%
$36.11
87.04% $67.54
4.67%
CTVA
CORTEVA INC
-14.97%
-350,666
-0.85%
$46.62
64.46% $76.67
4.82%
ADSK
AUTODESK INC
-55.86%
-35,850
-0.52%
$277.15
17.87% $227.62
0.00%
IBM
INTL BUSINESS MACHINES CORP
-100.00%
-562,093
-3.68%
$125.88
126.43% $285.03
0.00%
29 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.