Independent Franchise Partners LLP
Institutional investor · Portfolio as of Q3 2023
Top Holdings24 positions
Stock | Shares | Value | Weight | Avg Buy | Est. P&L | Held | Conviction |
|---|---|---|---|---|---|---|---|
RB GLOBAL INC | 15.9M | $993.7M | 8.6% | $57.55 | +6.03% | 2 qtrssince 2023-Q2 | Decreased 0 |
BRISTOL-MYERS SQUIBB CO | 14.7M | $856.1M | 7.4% | $46.97 | +7.30% | 17 qtrssince 2019-Q3 | Increased 73 |
INTERCONTINENTALEXCHANGE GRO COM | 6.4M | $700.5M | 6.1% | $110.70 | -3.27% | 10 qtrssince 2021-Q2 | Increased 77 |
CORTEVA INC | 12.9M | $659.7M | 5.7% | $36.48 | +36.74% | 16 qtrssince 2019-Q4 | Increased 71 |
AON PLC | 2M | $657M | 5.7% | $199.43 | +59.51% | 13 qtrssince 2020-Q3 | Decreased 0 |
NEWS CORP - CLASS A | 31.4M | $629.7M | 5.5% | $12.75 | +55.01% | 19 qtrssince 2019-Q1 | Decreased 0 |
ZILLOW GROUP INC - C | 13.6M | $628.9M | 5.5% | $54.83 | -15.81% | 8 qtrssince 2021-Q4 | Decreased 0 |
ORACLE CORP | 5.9M | $625.2M | 5.4% | $53.09 | +93.93% | 19 qtrssince 2019-Q1 | Decreased 0 |
BOOKING HOLDINGS INC | 202,329 | $624M | 5.4% | $71.16 | +70.16% | 19 qtrssince 2019-Q1 | Decreased 0 |
SALESFORCE.COM INC | 2.9M | $582.3M | 5.0% | $190.77 | +5.02% | 7 qtrssince 2022-Q1 | Decreased 0 |
FOX CORP - CLASS A | 18.6M | $580.9M | 5.0% | $32.05 | -5.04% | 19 qtrssince 2019-Q1 | Decreased 0 |
PHILIP MORRIS INTERNATIONAL | 6.2M | $576.4M | 5.0% | $60.41 | +39.04% | 19 qtrssince 2019-Q1 | Decreased 0 |
ELECTRONIC ARTS INC | 4.5M | $542.5M | 4.7% | $109.06 | +9.15% | 19 qtrssince 2019-Q1 | Decreased 0 |
TRANSUNION | 6.8M | $489.8M | 4.2% | $88.10 | -19.49% | 7 qtrssince 2022-Q1 | Decreased 0 |
EBAY INC | 10.5M | $461.6M | 4.0% | $43.38 | -2.39% | 19 qtrssince 2019-Q1 | Decreased 0 |
S&P GLOBAL INC | 1.1M | $403.3M | 3.5% | $277.08 | +29.62% | 19 qtrssince 2019-Q1 | Decreased 0 |
JOHNSON & JOHNSON | 2.4M | $376.4M | 3.3% | $116.80 | +24.42% | 19 qtrssince 2019-Q1 | Decreased 0 |
ESTEE LAUDER COMPANIES-CL A | 2.6M | $372.8M | 3.2% | $138.23 | 0.00% | 1 qtr | New 87 |
NEWS CORP - CLASS B | 12.4M | $259.3M | 2.2% | $13.06 | +57.71% | 19 qtrssince 2019-Q1 | Decreased 0 |
TKO GROUP HOLDINGS INC | 1.6M | $138.1M | 1.2% | $83.01 | 0.00% | 1 qtr | New 70 |
Independent Franchise Partners LLP manages $11.5B across 24 positions as of Q3 2023. Top holdings: RBA (8.6%), BMY (7.4%), ICE (6.1%). Fund DNA: Concentrated Value. HoldingsIntel Rating: 2.5/5.0.
Added 2 new positions, exited 2, increased 5, trimmed 16. Top move: EL (NEW, conviction 87). Portfolio: $11.5B across 24 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.
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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer