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 Q3 (34 results)
RYAN
buy
+575,309
+1.98%
$56.36
36.76% $35.64
1.98%
ABNB
buy
+285,333
+2.11%
$121.42
8.94% $132.28
2.11%
IT
buy
+226,230
+3.63%
$262.87
43.61% $148.22
3.63%
OTIS
buy
+379,504
+2.12%
$91.43
22.62% $70.75
2.12%
SOLV
+36.08%
+245,095
+1.09%
$73.00
8.04% $78.87
4.12%
AON
+23.89%
+34,865
+0.76%
$356.58
5.97% $335.31
3.93%
NWSA
+8.73%
+167,106
+0.31%
$30.71
16.38% $25.68
3.90%
TRU
+6.95%
+26,957
+0.14%
$83.78
21.07% $66.13
2.12%
NTDOF
+6.93%
+27,800
+0.15%
$86.59
49.18% $44.00
2.27%
KVUE
+5.22%
+161,278
+0.16%
$16.23
11.77% $18.14
3.22%
WBD
+5.22%
+224,718
+0.27%
$19.53
38.15% $26.98
5.40%
EL
+5.22%
+28,404
+0.15%
$88.12
1.77% $89.68
3.08%
FOXA
+5.22%
+56,070
+0.22%
$63.06
4.42% $65.85
4.35%
ZG
+5.22%
+7,300
+0.03%
$74.44
56.72% $32.22
0.67%
CFRHF
+5.22%
+7,902
+0.09%
$190.44
12.54% $214.33
0.00%
BTAFF
+5.22%
+49,090
+0.16%
$53.08
16.80% $62.00
3.20%
UNLYF
+5.22%
+21,271
+0.08%
$59.36
1.94% $58.21
0.00%
LYV
+5.22%
+19,857
+0.20%
$163.40
5.58% $172.51
3.99%
FOX
+5.22%
+17,380
+0.06%
$57.29
2.85% $58.92
1.22%
BMY
+5.22%
+84,025
+0.23%
$45.10
26.67% $57.13
4.66%
RBGPF
+5.22%
+20,891
+0.10%
$76.90
21.04% $60.72
1.98%
Z
+5.22%
+47,251
+0.22%
$77.05
-
4.48%
PM
+5.22%
+17,754
+0.18%
$162.20
13.63% $184.30
3.54%
WMG
+5.22%
+112,182
+0.23%
$34.06
16.44% $28.46
4.70%
NWS
+2.68%
+18,797
+0.04%
$34.55
15.31% $29.26
1.52%
JNJ
-2.62%
-10,378
-0.12%
$185.42
29.91% $240.87
4.36%
ICE
-11.23%
-44,948
-0.46%
$168.48
-
3.65%
NVSEF
-15.55%
-67,398
-0.52%
$125.77
15.19% $144.88
2.81%
CTVA
-18.77%
-187,588
-0.77%
$67.63
12.58% $76.14
3.35%
EBAY
-24.94%
-177,794
-0.99%
$90.95
19.42% $108.61
2.97%
TKO
-30.09%
-75,925
-0.94%
$201.96
0.69% $203.36
2.17%
EA
-34.20%
-97,854
-1.20%
$201.70
0.78% $203.27
0.00%
RBA
-44.72%
-176,839
-1.17%
$108.36
-
1.45%
ORCL
-71.24%
-194,837
-3.34%
$281.24
34.53% $184.13
0.00%
34 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.