Fund HoldingsIndependent Franchise Partners LLP

Total Portfolio Value
$15.72B
Total Bought
$2.06B
Total Sold
$1.18B
Net Transaction
+$880.55M
Filing Period:
Securities
SharesValue ($K)
Q3 2025
Q4 2025
Change
Q3 2025
Q4 2025
Weight (%)
Change
TRANSUNION(TRU)4,575,2849,136,903+4,561,619383,317783,4894.98%+400,172
KENVUE INC(KVUE)30,802,69148,146,476+17,343,785499,928830,5275.28%+330,599
SOLVENTUM CORP(SOLV)12,899,24015,355,691+2,456,451941,6451,216,7857.74%+275,140
BRISTOL-MYERS SQUIBB CO(BMY)20,623,35120,828,148+204,797930,1131,123,4707.14%+193,357
AIRBNB INC4,164,6485,146,272+981,624505,672698,4524.44%+192,780
SALESFORCE INC(CRM)0537,999+537,9990142,5210.91%+142,521
LAUDER ESTEE COS INC(EL)7,753,3927,837,249+83,857683,229820,7175.22%+137,488
WARNER BROS DISCOVERY INC(WBD)13,107,13212,697,174-409,958255,982365,9332.33%+109,950
FOX CORP(FOX)10,576,1129,777,519-798,593666,930714,4434.54%+47,514
FOX CORP(FOX)5,114,5075,174,660+60,153293,010335,9912.14%+42,981
RYAN SPECIALTY HOLDINGS INC(RYAN)1,699,7532,115,313+415,56095,798109,2140.69%+13,416
EBAY INC.(EBAY)7,363,6077,748,177+384,570669,720674,8664.29%+5,146
CORTEVA INC(CTVA)10,387,95410,495,388+107,434702,537703,5064.47%+969
PHILIP MORRIS INTL INC(PM)3,775,5123,823,728+48,216612,388613,3263.90%+938
AON PLC(AON)2,096,4862,115,523+19,037747,565746,5264.75%-1,039
GARTNER INC(IT)3,196,1273,308,566+112,439840,166834,6855.31%-5,481
OTIS WORLDWIDE CORP(OTIS)1,098,4961,064,149-34,347100,43592,9530.59%-7,482
ZILLOW GROUP INC(Z)2,002,6942,024,556+21,862149,081138,1350.88%-10,945
TKO GROUP HOLDINGS INC(TKO)563,116485,832-77,284113,727101,5390.65%-12,188
RENTOKIL INITIAL PLC(RTO)778,6280-778,62819,6600-19,660
INTERCONTINENTAL EXCHANGE IN(ICE)4,781,9254,831,853+49,928805,659782,5674.98%-23,092
ORACLE CORP(ORCL)151,0330-151,03342,4770-42,477
NEWS CORP NEW(NWS)9,168,8309,161,455-7,375316,783271,4541.73%-45,329
WARNER MUSIC GROUP CORP(WMG)13,153,38413,096,205-57,179448,004401,6612.55%-46,344
LIVE NATION ENTERTAINMENT IN(LYV)5,540,6145,733,718+193,104905,336817,0555.20%-88,282
ZILLOW GROUP INC(Z)10,858,83610,953,405+94,569836,673747,2414.75%-89,432
JOHNSON & JOHNSON(JNJ)4,588,8903,656,329-932,561850,872756,6774.81%-94,195
NEWS CORP NEW(NWS)28,796,35729,934,048+1,137,691884,336781,8774.97%-102,459
RB GLOBAL INC(RBA)2,931,3161,151,798-1,779,518317,637118,4850.75%-199,152
ELECTRONIC ARTS INC(EA)2,733,7510-2,733,751551,3980-551,398
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