Q1 2026 · 13F-HR
Independent Franchise Partners LLPholdings as filed
Filed 2026-05-14 · accession 0001172661-26-001918
$14.29B
Reported value
26
Positions
2026-03-31
Period end
The Brief · Independent Franchise Partners LLP · Q1 2026
AI · grounded in 13F
Independent Franchise Partners LLP increased its position in CRM by 650.01%. The fund also accumulated shares in TRU by 32.78% and AON by 22.33%. On the sell side, the fund trimmed its holding in CTVA by 88.67% and reduced PM by 33.03%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 110122108 | BMY | BRISTOL-MYERS SQUIBB CO | $1.29B | 9.03% | 21,275,474 | Common | SOLE |
| 83444M101 | SOLV | SOLVENTUM CORP | $1.03B | 7.19% | 15,733,495 | Common | SOLE |
| 538034109 | LYV | LIVE NATION ENTERTAINMENT IN | $894.4M | 6.26% | 5,864,757 | Common | SOLE |
| 49177J102 | KVUE | KENVUE INC | $848.4M | 5.94% | 49,208,848 | Common | SOLE |
| 89400J107 | TRU | TRANSUNION | $839.4M | 5.87% | 12,131,944 | Common | SOLE |
| G0403H108 | AON | AON PLC | $835.4M | 5.85% | 2,588,002 | Common | SOLE |
| 45866F104 | ICE | INTERCONTINENTAL EXCHANGE IN | $779.4M | 5.45% | 4,955,192 | Common | SOLE |
| 65249B109 | NWSA | NEWS CORP NEW | $770.9M | 5.40% | 30,924,574 | Common | SOLE |
| 79466L302 | CRM | SALESFORCE INC | $753.2M | 5.27% | 4,035,050 | Common | SOLE |
| 366651107 | IT | GARTNER INC | $728.5M | 5.10% | 4,600,771 | Common | SOLE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $726.3M | 5.08% | 2,971,436 | Common | SOLE |
| 009066101 | ABNB | AIRBNB INC | $666.2M | 4.66% | 5,275,661 | Common | SOLE |
| 278642103 | EBAY | EBAY INC. | $616.4M | 4.31% | 6,772,232 | Common | SOLE |
| 98954M200 | Z | ZILLOW GROUP INC | $546.1M | 3.82% | 13,197,429 | Common | SOLE |
| 35137L105 | FOXA | FOX CORP | $477.4M | 3.34% | 8,174,694 | Common | SOLE |
| 518439104 | EL | LAUDER ESTEE COS INC | $475.7M | 3.33% | 6,628,540 | Common | SOLE |
| 718172109 | PM | PHILIP MORRIS INTL INC | $423.4M | 2.96% | 2,560,566 | Common | SOLE |
| 934550203 | WMG | WARNER MUSIC GROUP CORP | $332.9M | 2.33% | 13,034,254 | Common | SOLE |
| 35137L204 | FOX | FOX CORP | $281.8M | 1.97% | 5,307,881 | Common | SOLE |
| 65249B208 | NWS | NEWS CORP NEW | $259.8M | 1.82% | 9,111,760 | Common | SOLE |
| 934423104 | WBD | WARNER BROS DISCOVERY INC | $238.8M | 1.67% | 8,697,730 | Common | SOLE |
| 98954M101 | ZG | ZILLOW GROUP INC | $113.3M | 0.79% | 2,738,482 | Common | SOLE |
| 22052L104 | CTVA | CORTEVA INC | $99.5M | 0.70% | 1,188,896 | Common | SOLE |
| 78351F107 | RYAN | RYAN SPECIALTY HOLDINGS INC | $95.2M | 0.67% | 2,820,854 | Common | SOLE |
| 87256C101 | TKO | TKO GROUP HOLDINGS INC | $92.3M | 0.65% | 457,600 | Common | SOLE |
| 68902V107 | OTIS | OTIS WORLDWIDE CORP | $77.3M | 0.54% | 1,002,284 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.