Independent Franchise Partners LLP
Institutional investor · Portfolio as of Q1 2026
Top Holdings26 positions
Stock | Shares | Value | Weight | Avg Buy | Est. P&L | Held | Conviction |
|---|---|---|---|---|---|---|---|
BRISTOL-MYERS SQUIBB CO | 21.3M | $1.3B | 9.0% | $47.30 | +25.50% | 27 qtrssince 2019-Q3 | Increased 64 |
SOLVENTUM CORP-W/I | 15.7M | $1B | 7.2% | $74.44 | -4.87% | 7 qtrssince 2024-Q3 | Increased 64 |
LIVE NATION ENTERTAINMENT IN | 5.9M | $894.4M | 6.3% | $125.51 | +29.13% | 7 qtrssince 2024-Q3 | Increased 64 |
KENVUE INC | 49.2M | $848.4M | 5.9% | $19.04 | -11.50% | 7 qtrssince 2024-Q3 | Increased 64 |
TRANSUNION | 12.1M | $839.4M | 5.9% | $85.00 | -6.79% | 17 qtrssince 2022-Q1 | Increased 80 |
AON PLC | 2.6M | $835.4M | 5.8% | $275.93 | +16.67% | 23 qtrssince 2020-Q3 | Increased 75 |
INTERCONTINENTALEXCHANGE GRO COM | 5M | $779.4M | 5.5% | $119.01 | +38.46% | 20 qtrssince 2021-Q2 | Increased 64 |
NEWS CORP - CLASS A | 30.9M | $770.9M | 5.4% | $16.21 | +46.86% | 29 qtrssince 2019-Q1 | Increased 65 |
SALESFORCE.COM INC | 4M | $753.2M | 5.3% | $205.37 | -4.54% | 2 qtrssince 2025-Q4 | Increased 100 |
GARTNER INC | 4.6M | $728.5M | 5.1% | $233.95 | -29.57% | 3 qtrssince 2025-Q3 | Increased 82 |
JOHNSON & JOHNSON | 3M | $726.3M | 5.1% | $134.77 | +83.08% | 29 qtrssince 2019-Q1 | Decreased 0 |
AIRBNB INC-CLASS A | 5.3M | $666.2M | 4.7% | $124.20 | +1.67% | 3 qtrssince 2025-Q3 | Increased 60 |
EBAY INC | 6.8M | $616.4M | 4.3% | $49.79 | +80.01% | 29 qtrssince 2019-Q1 | Decreased 0 |
ZILLOW GROUP INC - C | 13.2M | $546.1M | 3.8% | $53.58 | -15.58% | 18 qtrssince 2021-Q4 | Increased 70 |
FOX CORP - CLASS A | 8.2M | $477.4M | 3.3% | $32.08 | +78.80% | 29 qtrssince 2019-Q1 | Decreased 0 |
ESTEE LAUDER COMPANIES-CL A | 6.6M | $475.7M | 3.3% | $102.54 | -3.73% | 11 qtrssince 2023-Q3 | Decreased 0 |
PHILIP MORRIS INTERNATIONAL | 2.6M | $423.4M | 3.0% | $70.11 | +153.79% | 29 qtrssince 2019-Q1 | Decreased 0 |
WARNER MUSIC GROUP CORP | 13M | $332.9M | 2.3% | $30.39 | -6.48% | 8 qtrssince 2024-Q2 | Decreased 0 |
FOX CORP - CLASS B | 5.3M | $281.8M | 2.0% | $33.41 | +56.78% | 12 qtrssince 2023-Q2 | Increased 51 |
NEWS CORP - CLASS B | 9.1M | $259.8M | 1.8% | $14.29 | +83.46% | 29 qtrssince 2019-Q1 | Decreased 0 |
Independent Franchise Partners LLP manages $14.3B across 26 positions as of Q1 2026. Top holdings: BMY (9.0%), SOLV (7.2%), LYV (6.3%). Fund DNA: Concentrated Value. HoldingsIntel Rating: 2.5/5.0.
Exited 1, increased 15, trimmed 11. Top move: CRM (INCREASED, conviction 100). Portfolio: $14.3B across 26 positions.
Top holdings by portfolio weight
Portfolio allocation by GICS sector
Behavioral investing profile
Position Outcomes
Best and worst performing positions by estimated return
Top Winners
Top Losers
Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.
Similar Funds
Funds with similar investing DNA
Explore More
Accumulation Streaks
Positions with 2+ consecutive quarters of increases - persistent directional conviction.
Continue exploring
Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer