Independent Franchise Partners LLP
Independent Franchise Partners LLP reported 26 US-listed holdings worth $15.24 billion in its 13F for the quarter ended 30 June 2026, filed 13 August 2026. Its largest: Bristol-Myers Squibb Co. (8.2%), Solventum Corp. (8.2%) and Live Nation Entertainment, Inc. (7.2%). Against the quarter before, it opened 0 positions, added to 18, trimmed 8 and sold out of 0.
Reported holdings$15.24B+6.7% on Q1 2026
Positions26as many as Q1 2026
The largest ten63.7%of its reported holdings
Latest 13FQ2 2026filed 13 August 2026
Added toTrimmed
The 14 largest of its 26 positions, each sized by its share of the reported holdings, coloured by the change in shares against Q1 2026.
What the fund reported holding at each quarter's end; hover a bar for the number of positions
What it did on the quarter
Added 18Trimmed 8
Its positions against its 13F for the quarter to 31 March 2026; a change under 0.1% of a position counts as held
Added to 18
- Otis Worldwide Corp. OTIS+4.1 million shares · +414%
- Salesforce, Inc. CRM+1.8 million shares · +44%
- TransUnion TRU+1.8 million shares · +15%
- Gartner Inc. IT+982,191 shares · +21%
- Zillow Group Inc. Z+3.1 million shares · +24%
- Intercontinental Exchange, Inc. ICE+297,938 shares · +6%
- Solventum Corp. SOLV+436,543 shares · +3%
- Bristol-Myers Squibb Co. BMY+517,367 shares · +2%
and 10 more in the table below
Trimmed 8
- Ebay Inc. EBAY-2.2 million shares · -33%
- Estee Lauder Companies Inc. EL-1.7 million shares · -25%
- Warner Bros. Discovery, Inc. WBD-539,797 shares · -6%
- Ryan Specialty Holdings, Inc. RYAN-175,065 shares · -6%
- Corteva, Inc. CTVA-73,784 shares · -6%
- TKO Group Holdings, Inc. TKO-28,508 shares · -6%
- News Corp. NWS-87,903 shares · -1%
- Warner Music Group Corp. WMG-36,450 shares · -0%
What it holds
| Company | Shares | Value | Of its book | Change in shares |
|---|---|---|---|---|
| Bristol-Myers Squibb Co. BMY | 21,792,841 | $1.26 billion | 8.24% | +517,367 |
| Solventum Corp. SOLV | 16,170,038 | $1.25 billion | 8.18% | +436,543 |
| Live Nation Entertainment, Inc. LYV | 6,013,439 | $1.10 billion | 7.22% | +148,682 |
| TransUnion TRU | 13,976,652 | $1.01 billion | 6.61% | +1,844,708 |
| Kenvue Inc. KVUE | 50,427,994 | $963.7 million | 6.32% | +1,219,146 |
| Salesforce, Inc. CRM | 5,818,837 | $911.6 million | 5.98% | +1,783,787 |
| Aon plc AON | 2,646,943 | $878.0 million | 5.76% | +58,941 |
| News Corp. NWSA | 32,074,535 | $796.4 million | 5.22% | +1,149,961 |
| Airbnb, Inc. ABNB | 5,423,764 | $776.1 million | 5.09% | +148,103 |
| Johnson & Johnson JNJ | 3,043,186 | $772.9 million | 5.07% | +71,750 |
| Gartner Inc. IT | 5,582,962 | $723.7 million | 4.75% | +982,191 |
| Intercontinental Exchange, Inc. ICE | 5,253,130 | $646.7 million | 4.24% | +297,938 |
| Zillow Group Inc. Z | 16,300,754 | $513.8 million | 3.37% | +3,103,325 |
| Ebay Inc. EBAY | 4,546,653 | $508.1 million | 3.33% | -2,225,579 |
| Philip Morris International Inc. PM | 2,578,328 | $466.4 million | 3.06% | +17,762 |
| Fox Corp. FOXA | 8,398,658 | $438.1 million | 2.87% | +223,964 |
| Estee Lauder Companies Inc. EL | 4,941,737 | $390.2 million | 2.56% | -1,686,803 |
| Otis Worldwide Corp. OTIS | 5,152,104 | $368.9 million | 2.42% | +4,149,820 |
| Warner Music Group Corp. WMG | 12,997,804 | $351.9 million | 2.31% | -36,450 |
| Fox Corp. FOX | 5,482,675 | $256.8 million | 1.68% | +174,794 |
| News Corp. NWS | 9,023,857 | $253.2 million | 1.66% | -87,903 |
| Warner Bros. Discovery, Inc. WBD | 8,157,933 | $217.5 million | 1.43% | -539,797 |
| Zillow Group Inc. ZG | 3,672,937 | $115.2 million | 0.76% | +934,455 |
| Ryan Specialty Holdings, Inc. RYAN | 2,645,789 | $99.9 million | 0.66% | -175,065 |
| Corteva, Inc. CTVA | 1,115,112 | $94.4 million | 0.62% | -73,784 |
| TKO Group Holdings, Inc. TKO | 429,092 | $86.4 million | 0.57% | -28,508 |
Every US-listed position in the fund's 13F for the quarter ended 30 June 2026, by the value it reported.