Independent Franchise Partners LLP Concentrated Active

CIK: 0001483866 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Nov 14, 2025

Total Value ($000): $15,170,078 (100.0% shares, 0.0% debt)

Holdings (29)

SOLV SOLVENTUM CORP 6.2%

Value ($000) $941,645 Shares 12,899,240 Est. Cost $71.84 Unrealized +2.0%

BMY BRISTOL-MYERS SQUIBB CO 6.1%

Value ($000) $930,113 Shares 20,623,351 Est. Cost $47.87 Unrealized -4.9%

LYV LIVE NATION ENTERTAINMENT IN 6.0%

Value ($000) $905,336 Shares 5,540,614 Est. Cost $119.95 Unrealized +31.8%

NWSA NEWS CORP NEW 5.8%

Value ($000) $884,336 Shares 28,796,357 Est. Cost $15.97 Unrealized +85.1%

JNJ JOHNSON & JOHNSON 5.6%

Value ($000) $850,872 Shares 4,588,890 Est. Cost $121.60 Unrealized +39.4%

IT GARTNER INC 5.5%

Value ($000) $840,166 Shares 3,196,127 Est. Cost $291.66 Unrealized 0.0%

Z ZILLOW GROUP INC 5.5%

Value ($000) $836,673 Shares 10,858,836 Est. Cost $63.45 Unrealized +28.8%

ICE INTERCONTINENTAL EXCHANGE IN 5.3%

Value ($000) $805,659 Shares 4,781,925 Est. Cost $117.38 Unrealized +51.4%

AON AON PLC 4.9%

Value ($000) $747,565 Shares 2,096,486 Est. Cost $260.44 Unrealized +38.8%

CTVA CORTEVA INC 4.6%

Value ($000) $702,537 Shares 10,387,954 Est. Cost $45.27 Unrealized +59.4%

EL LAUDER ESTEE COS INC 4.5%

Value ($000) $683,229 Shares 7,753,392 Est. Cost $112.05 Unrealized -21.0%

EBAY EBAY INC. 4.4%

Value ($000) $669,720 Shares 7,363,607 Est. Cost $45.05 Unrealized +95.2%

FOXA FOX CORP 4.4%

Value ($000) $666,930 Shares 10,576,112 Est. Cost $32.83 Unrealized +75.7%

PM PHILIP MORRIS INTL INC 4.0%

Value ($000) $612,388 Shares 3,775,512 Est. Cost $67.77 Unrealized +143.7%

EA ELECTRONIC ARTS INC 3.6%

Value ($000) $551,398 Shares 2,733,751 Est. Cost $105.78 Unrealized +56.2%

ABNB AIRBNB INC 3.3%

Value ($000) $505,672 Shares 4,164,648 Est. Cost $129.37 Unrealized 0.0%

KVUE KENVUE INC 3.3%

Value ($000) $499,928 Shares 30,802,691 Est. Cost $21.72 Unrealized -7.6%

WMG WARNER MUSIC GROUP CORP 3.0%

Value ($000) $448,004 Shares 13,153,384 Est. Cost $31.19 Unrealized +0.6%

TRU TRANSUNION 2.5%

Value ($000) $383,317 Shares 4,575,284 Est. Cost $86.03 Unrealized +5.3%

RBA RB GLOBAL INC 2.1%

Value ($000) $317,637 Shares 2,931,316 Est. Cost $56.38 Unrealized +98.8%

NWS NEWS CORP NEW 2.1%

Value ($000) $316,783 Shares 9,168,830 Est. Cost $14.53 Unrealized +131.8%

FOX FOX CORP 1.9%

Value ($000) $293,010 Shares 5,114,507 Est. Cost $30.66 Unrealized +71.6%

WBD WARNER BROS DISCOVERY INC 1.7%

Value ($000) $255,982 Shares 13,107,132 Est. Cost $10.46 Unrealized +30.2%

ZG ZILLOW GROUP INC 1.0%

Value ($000) $149,081 Shares 2,002,694 Est. Cost $62.81 Unrealized +25.3%

TKO TKO GROUP HOLDINGS INC 0.7%

Value ($000) $113,727 Shares 563,116 Est. Cost $92.51 Unrealized +96.2%

OTIS OTIS WORLDWIDE CORP 0.7%

Value ($000) $100,435 Shares 1,098,496 Est. Cost $90.13 Unrealized 0.0%

RYAN RYAN SPECIALTY HOLDINGS INC 0.6%

Value ($000) $95,798 Shares 1,699,753 Est. Cost $59.24 Unrealized 0.0%

ORCL ORACLE CORP 0.3%

Value ($000) $42,477 Shares 151,033 Est. Cost $58.08 Unrealized +337.6%

RTO RENTOKIL INITIAL PLC 0.1%

Value ($000) $19,660 Shares 778,628 Est. Cost $25.21 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SOLV	SOLVENTUM CORP	12,899,240	$941,645	6.2%	$71.84	+2.0%	COM SHS	83444M101
BMY	BRISTOL-MYERS SQUIBB CO	20,623,351	$930,113	6.1%	$47.87	-4.9%	COM	110122108
LYV	LIVE NATION ENTERTAINMENT IN	5,540,614	$905,336	6.0%	$119.95	+31.8%	COM	538034109
NWSA	NEWS CORP NEW	28,796,357	$884,336	5.8%	$15.97	+85.1%	CL A	65249B109
JNJ	JOHNSON & JOHNSON	4,588,890	$850,872	5.6%	$121.60	+39.4%	COM	478160104
IT	GARTNER INC	3,196,127	$840,166	5.5%	$291.66	0.0%	COM	366651107
Z	ZILLOW GROUP INC	10,858,836	$836,673	5.5%	$63.45	+28.8%	CL C CAP STK	98954M200
ICE	INTERCONTINENTAL EXCHANGE IN	4,781,925	$805,659	5.3%	$117.38	+51.4%	COM	45866F104
AON	AON PLC	2,096,486	$747,565	4.9%	$260.44	+38.8%	SHS CL A	G0403H108
CTVA	CORTEVA INC	10,387,954	$702,537	4.6%	$45.27	+59.4%	COM	22052L104
EL	LAUDER ESTEE COS INC	7,753,392	$683,229	4.5%	$112.05	-21.0%	CL A	518439104
EBAY	EBAY INC.	7,363,607	$669,720	4.4%	$45.05	+95.2%	COM	278642103
FOXA	FOX CORP	10,576,112	$666,930	4.4%	$32.83	+75.7%	CL A COM	35137L105
PM	PHILIP MORRIS INTL INC	3,775,512	$612,388	4.0%	$67.77	+143.7%	COM	718172109
EA	ELECTRONIC ARTS INC	2,733,751	$551,398	3.6%	$105.78	+56.2%	COM	285512109
ABNB	AIRBNB INC	4,164,648	$505,672	3.3%	$129.37	0.0%	COM CL A	009066101
KVUE	KENVUE INC	30,802,691	$499,928	3.3%	$21.72	-7.6%	COM	49177J102
WMG	WARNER MUSIC GROUP CORP	13,153,384	$448,004	3.0%	$31.19	+0.6%	COM CL A	934550203
TRU	TRANSUNION	4,575,284	$383,317	2.5%	$86.03	+5.3%	COM	89400J107
RBA	RB GLOBAL INC	2,931,316	$317,637	2.1%	$56.38	+98.8%	COM	74935Q107
NWS	NEWS CORP NEW	9,168,830	$316,783	2.1%	$14.53	+131.8%	CL B	65249B208
FOX	FOX CORP	5,114,507	$293,010	1.9%	$30.66	+71.6%	CL B COM	35137L204
WBD	WARNER BROS DISCOVERY INC	13,107,132	$255,982	1.7%	$10.46	+30.2%	COM SER A	934423104
ZG	ZILLOW GROUP INC	2,002,694	$149,081	1.0%	$62.81	+25.3%	CL A	98954M101
TKO	TKO GROUP HOLDINGS INC	563,116	$113,727	0.7%	$92.51	+96.2%	CL A	87256C101
OTIS	OTIS WORLDWIDE CORP	1,098,496	$100,435	0.7%	$90.13	0.0%	COM	68902V107
RYAN	RYAN SPECIALTY HOLDINGS INC	1,699,753	$95,798	0.6%	$59.24	0.0%	CL A	78351F107
ORCL	ORACLE CORP	151,033	$42,477	0.3%	$58.08	+337.6%	COM	68389X105
RTO	RENTOKIL INITIAL PLC	778,628	$19,660	0.1%	$25.21	—	SPONSORED ADR	760125104