Independent Franchise Partners LLP Concentrated Active

CIK: 0001483866 · Show all filings

Period: Q2 2025 (← Previous) (Next →)

Filing Date: Aug 13, 2025

Total Value ($000): $15,031,700 (100.0% shares, 0.0% debt)

Holdings (25)

ICE INTERCONTINENTAL EXCHANGE IN 7.5%

Value ($000) $1,120,146 Shares 6,105,335 Est. Cost $117.38 Unrealized +45.2%

CTVA CORTEVA INC 6.6%

Value ($000) $998,365 Shares 13,395,475 Est. Cost $45.27 Unrealized +46.2%

BMY BRISTOL-MYERS SQUIBB CO 6.5%

Value ($000) $971,023 Shares 20,976,954 Est. Cost $47.87 Unrealized -1.4%

NWSA NEWS CORP NEW 5.8%

Value ($000) $866,948 Shares 29,170,531 Est. Cost $15.97 Unrealized +71.6%

LYV LIVE NATION ENTERTAINMENT IN 5.7%

Value ($000) $853,265 Shares 5,640,306 Est. Cost $119.95 Unrealized +14.8%

JNJ JOHNSON & JOHNSON 5.3%

Value ($000) $801,042 Shares 5,244,138 Est. Cost $121.60 Unrealized +24.0%

ORCL ORACLE CORP 5.2%

Value ($000) $780,175 Shares 3,568,470 Est. Cost $58.08 Unrealized +176.9%

Z ZILLOW GROUP INC 5.1%

Value ($000) $773,346 Shares 11,039,921 Est. Cost $63.45 Unrealized +6.2%

SOLV SOLVENTUM CORP 5.1%

Value ($000) $769,098 Shares 10,141,066 Est. Cost $71.45 Unrealized -0.9%

PM PHILIP MORRIS INTL INC 4.6%

Value ($000) $694,807 Shares 3,814,895 Est. Cost $67.77 Unrealized +147.0%

KVUE KENVUE INC 4.4%

Value ($000) $654,388 Shares 31,265,574 Est. Cost $21.72 Unrealized +2.0%

EL LAUDER ESTEE COS INC 4.2%

Value ($000) $637,677 Shares 7,892,037 Est. Cost $112.05 Unrealized -43.2%

RBA RB GLOBAL INC 4.0%

Value ($000) $605,069 Shares 5,697,981 Est. Cost $56.38 Unrealized +81.8%

EBAY EBAY INC. 4.0%

Value ($000) $604,145 Shares 8,113,689 Est. Cost $45.05 Unrealized +55.9%

FOXA FOX CORP 4.0%

Value ($000) $601,656 Shares 10,736,192 Est. Cost $32.83 Unrealized +59.9%

TKO TKO GROUP HOLDINGS INC 3.8%

Value ($000) $572,431 Shares 3,146,091 Est. Cost $92.51 Unrealized +72.0%

EA ELECTRONIC ARTS INC 3.6%

Value ($000) $545,396 Shares 3,415,129 Est. Cost $105.78 Unrealized +39.4%

AON AON PLC 3.5%

Value ($000) $528,332 Shares 1,480,916 Est. Cost $218.43 Unrealized +65.4%

TRU TRANSUNION 2.7%

Value ($000) $408,927 Shares 4,646,903 Est. Cost $86.03 Unrealized -3.4%

WMG WARNER MUSIC GROUP CORP 2.4%

Value ($000) $361,752 Shares 13,280,185 Est. Cost $31.19 Unrealized -12.6%

NWS NEWS CORP NEW 2.2%

Value ($000) $323,335 Shares 9,423,928 Est. Cost $14.53 Unrealized +117.4%

FOX FOX CORP 1.8%

Value ($000) $268,891 Shares 5,208,045 Est. Cost $30.66 Unrealized +58.0%

WBD WARNER BROS DISCOVERY INC 1.0%

Value ($000) $149,415 Shares 13,037,924 Est. Cost $10.46 Unrealized -10.8%

ZG ZILLOW GROUP INC 0.9%

Value ($000) $139,618 Shares 2,038,517 Est. Cost $62.81 Unrealized +5.5%

RTO RENTOKIL INITIAL PLC 0.0%

Value ($000) $2,452 Shares 102,155 Est. Cost $24.93 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ICE	INTERCONTINENTAL EXCHANGE IN	6,105,335	$1,120,146	7.5%	$117.38	+45.2%	COM	45866F104
CTVA	CORTEVA INC	13,395,475	$998,365	6.6%	$45.27	+46.2%	COM	22052L104
BMY	BRISTOL-MYERS SQUIBB CO	20,976,954	$971,023	6.5%	$47.87	-1.4%	COM	110122108
NWSA	NEWS CORP NEW	29,170,531	$866,948	5.8%	$15.97	+71.6%	CL A	65249B109
LYV	LIVE NATION ENTERTAINMENT IN	5,640,306	$853,265	5.7%	$119.95	+14.8%	COM	538034109
JNJ	JOHNSON & JOHNSON	5,244,138	$801,042	5.3%	$121.60	+24.0%	COM	478160104
ORCL	ORACLE CORP	3,568,470	$780,175	5.2%	$58.08	+176.9%	COM	68389X105
Z	ZILLOW GROUP INC	11,039,921	$773,346	5.1%	$63.45	+6.2%	CL C CAP STK	98954M200
SOLV	SOLVENTUM CORP	10,141,066	$769,098	5.1%	$71.45	-0.9%	COM SHS	83444M101
PM	PHILIP MORRIS INTL INC	3,814,895	$694,807	4.6%	$67.77	+147.0%	COM	718172109
KVUE	KENVUE INC	31,265,574	$654,388	4.4%	$21.72	+2.0%	COM	49177J102
EL	LAUDER ESTEE COS INC	7,892,037	$637,677	4.2%	$112.05	-43.2%	CL A	518439104
RBA	RB GLOBAL INC	5,697,981	$605,069	4.0%	$56.38	+81.8%	COM	74935Q107
EBAY	EBAY INC.	8,113,689	$604,145	4.0%	$45.05	+55.9%	COM	278642103
FOXA	FOX CORP	10,736,192	$601,656	4.0%	$32.83	+59.9%	CL A COM	35137L105
TKO	TKO GROUP HOLDINGS INC	3,146,091	$572,431	3.8%	$92.51	+72.0%	CL A	87256C101
EA	ELECTRONIC ARTS INC	3,415,129	$545,396	3.6%	$105.78	+39.4%	COM	285512109
AON	AON PLC	1,480,916	$528,332	3.5%	$218.43	+65.4%	SHS CL A	G0403H108
TRU	TRANSUNION	4,646,903	$408,927	2.7%	$86.03	-3.4%	COM	89400J107
WMG	WARNER MUSIC GROUP CORP	13,280,185	$361,752	2.4%	$31.19	-12.6%	COM CL A	934550203
NWS	NEWS CORP NEW	9,423,928	$323,335	2.2%	$14.53	+117.4%	CL B	65249B208
FOX	FOX CORP	5,208,045	$268,891	1.8%	$30.66	+58.0%	CL B COM	35137L204
WBD	WARNER BROS DISCOVERY INC	13,037,924	$149,415	1.0%	$10.46	-10.8%	COM SER A	934423104
ZG	ZILLOW GROUP INC	2,038,517	$139,618	0.9%	$62.81	+5.5%	CL A	98954M101
RTO	RENTOKIL INITIAL PLC	102,155	$2,452	0.0%	$24.93	—	SPONSORED ADR	760125104