Independent Franchise Partners LLP — 13F Holdings & Portfolio
CIK 1483866 · latest 13F-HR filed 2026-08-13
Independent Franchise Partners LLP manages $15.24B in 13F-reported U.S. long-equity assets across 26 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are BMY (8.24%), SOLV (8.18%), LYV (7.22%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 0 new positions, exited 0, added to 11, and trimmed 9.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
10 PORTMAN SQUARE
LONDON, X0 W1H6AZ
$15.24B
Long-equity book
26
Distinct positions
2026-06-30
Filed 2026-08-13
+0 / −0 / ↑11 / ↓9
vs 2026-03-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- OTIS WORLDWIDE CORP$291.6M +377.5%
- SOLVENTUM CORP$220.1M +21.4%
- LIVE NATION ENTERTAINMENT IN$206.7M +23.1%
- TRANSUNION$168.9M +20.1%
- SALESFORCE INC$158.4M +21.0%
Top Trims
- INTERCONTINENTAL EXCHANGE IN-$132.6M -17.0%
- EBAY INC.-$108.3M -17.6%
- LAUDER ESTEE COS INC-$85.6M -18.0%
- FOX CORP-$39.3M -8.2%
- ZILLOW GROUP INC-$32.3M -5.9%
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | BRISTOL-MYERS SQUIBB CO | BMY | 110122108 | $1.26B | 8.24% | 21,792,841 | SH |
| 2 | SOLVENTUM CORP | SOLV | 83444M101 | $1.25B | 8.18% | 16,170,038 | SH |
| 3 | LIVE NATION ENTERTAINMENT IN | LYV | 538034109 | $1.10B | 7.22% | 6,013,439 | SH |
| 4 | TRANSUNION | TRU | 89400J107 | $1.01B | 6.61% | 13,976,652 | SH |
| 5 | KENVUE INC | KVUE | 49177J102 | $963.7M | 6.32% | 50,427,994 | SH |
| 6 | SALESFORCE INC | CRM | 79466L302 | $911.6M | 5.98% | 5,818,837 | SH |
| 7 | AON PLC | AON | G0403H108 | $878.0M | 5.76% | 2,646,943 | SH |
| 8 | NEWS CORP NEW | NWSA | 65249B109 | $796.4M | 5.22% | 32,074,535 | SH |
| 9 | AIRBNB INC | ABNB | 009066101 | $776.1M | 5.09% | 5,423,764 | SH |
| 10 | JOHNSON & JOHNSON | JNJ | 478160104 | $772.9M | 5.07% | 3,043,186 | SH |
| 11 | GARTNER INC | IT | 366651107 | $723.7M | 4.75% | 5,582,962 | SH |
| 12 | INTERCONTINENTAL EXCHANGE IN | ICE | 45866F104 | $646.7M | 4.24% | 5,253,130 | SH |
| 13 | ZILLOW GROUP INC | Z | 98954M200 | $513.8M | 3.37% | 16,300,754 | SH |
| 14 | EBAY INC. | EBAY | 278642103 | $508.1M | 3.33% | 4,546,653 | SH |
| 15 | PHILIP MORRIS INTL INC | PM | 718172109 | $466.4M | 3.06% | 2,578,328 | SH |
| 16 | FOX CORP | FOXA | 35137L105 | $438.1M | 2.87% | 8,398,658 | SH |
| 17 | LAUDER ESTEE COS INC | EL | 518439104 | $390.2M | 2.56% | 4,941,737 | SH |
| 18 | OTIS WORLDWIDE CORP | OTIS | 68902V107 | $368.9M | 2.42% | 5,152,104 | SH |
| 19 | WARNER MUSIC GROUP CORP | WMG | 934550203 | $351.9M | 2.31% | 12,997,804 | SH |
| 20 | FOX CORP | FOX | 35137L204 | $256.8M | 1.68% | 5,482,675 | SH |
| 21 | NEWS CORP NEW | NWS | 65249B208 | $253.2M | 1.66% | 9,023,857 | SH |
| 22 | WARNER BROS DISCOVERY INC | WBD | 934423104 | $217.5M | 1.43% | 8,157,933 | SH |
| 23 | ZILLOW GROUP INC | ZG | 98954M101 | $115.2M | 0.76% | 3,672,937 | SH |
| 24 | RYAN SPECIALTY HOLDINGS INC | RYAN | 78351F107 | $99.9M | 0.66% | 2,645,789 | SH |
| 25 | CORTEVA INC | CTVA | 22052L104 | $94.4M | 0.62% | 1,115,112 | SH |
| 26 | TKO GROUP HOLDINGS INC | TKO | 87256C101 | $86.4M | 0.57% | 429,092 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-13 | $15.24B | 26 | 0001172661-26-003379 |
| 2026-03-31 | 2026-05-14 | $14.29B | 26 | 0001172661-26-001918 |
| 2025-12-31 | 2026-02-17 | $15.72B | 27 | 0001172661-26-000867 |
| 2025-09-30 | 2025-11-14 | $15.17B | 29 | 0001172661-25-004789 |