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
19.70% $70.66
2.35%
BMY
+39.29%
+453,930
+1.45%
$46.29
23.72% $57.27
5.13%
AON
+8.81%
+11,819
+0.29%
$356.76
7.91% $328.53
3.59%
NWSA
+6.41%
+115,392
+0.24%
$29.72
8.28% $27.26
3.92%
ORCL
+4.21%
+11,048
+0.17%
$218.63
2.26% $213.68
4.12%
SOLV
+3.82%
+25,003
+0.13%
$75.84
6.82% $81.01
3.55%
FOX
+0.18%
+606
+0.00%
$51.63
15.98% $59.88
1.18%
JNJ
+0.18%
+720
+0.01%
$152.75
52.39% $232.77
4.17%
EA
+0.18%
+520
+0.01%
$159.70
27.11% $203.00
3.15%
WBD
+0.18%
+7,835
+0.01%
$11.46
128.97% $26.24
3.40%
ZG
+0.18%
+254
+0.00%
$68.49
48.33% $35.39
0.66%
RBA
+0.18%
+729
+0.01%
$106.19
-
2.89%
LYV
+0.18%
+692
+0.01%
$151.28
5.81% $160.07
3.97%
KVUE
+0.18%
+5,623
+0.01%
$20.93
15.38% $17.71
4.46%
EL
+0.18%
+990
+0.01%
$80.80
3.33% $83.49
3.03%
Z
+0.18%
+1,647
+0.01%
$70.05
-
4.37%
TKO
+0.18%
+459
+0.01%
$181.95
11.84% $203.49
3.16%
CFRHF
+0.13%
+201
+0.00%
$188.35
10.29% $207.73
1.96%
BTAFF
+0.13%
+1,246
+0.00%
$47.53
30.11% $61.85
3.08%
NVSEF
+0.13%
+575
+0.00%
$121.20
22.77% $148.80
3.62%
UNLYF
+0.13%
+540
+0.00%
$60.97
9.40% $55.24
1.71%
WMG
+0.13%
+2,849
+0.01%
$27.24
9.88% $29.93
4.03%
NWS
-2.63%
-18,936
-0.04%
$34.31
9.09% $31.19
1.66%
ICE
-4.85%
-20,416
-0.26%
$183.47
-
5.06%
FOXA
-5.11%
-57,775
-0.22%
$56.04
19.36% $66.89
4.15%
EBAY
-8.08%
-62,679
-0.32%
$74.46
46.86% $109.35
3.66%
PM
-8.18%
-30,306
-0.38%
$182.13
2.11% $178.29
4.27%
CTVA
-10.72%
-119,969
-0.62%
$74.53
3.35% $77.03
5.13%
RBGPF
-46.07%
-341,846
-1.60%
$68.01
10.96% $60.56
1.88%
NTDOF
-47.25%
-359,500
-2.39%
$96.39
52.79% $45.50
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.