Filed: 2/13/2023ACC: 0001172661-23-000753
📋 What this filing means
INDEPENDENT FRANCHISE PARTNERS LLP filed this quarterly 13F‑HR report disclosing 24 equity positions with a total reported market value of $10.20B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
24
Positions
$10.20B
Total AUM (reported)
171.54M
Total Shares
Allocation by class
COM$7.27B71.2%
CL A$680.66M6.7%
SHS CL A$613.67M6.0%
CL A COM$577.82M5.7%
CL C CAP STK$442.59M4.3%
CAP STK CL A$391.29M3.8%
CL B$230.52M2.3%
Portfolio Concentration
Top 3$2.14B21.0%
4–10$3.72B36.5%
11–25$4.34B42.5%
Top 3 weight
21.0%
Top 10 weight
57.5%
Voting Authority Distribution
Total shares with voting rights: 171.54M
Sole
Full voting authority
155.76M
shares
% of voting shares90.8%
Shared
Joint voting authority
2.33M
shares
% of voting shares1.4%
None
No voting authority
13.45M
shares
% of voting shares7.8%
Investment Discretion (by position count)
Sole0
Shared0
Other24
Dominant voting typeSole · 90.8% of voting shares
Institutional Holdings24
Rows:
BRISTOL-MYERS SQUIBB CO
OTRShares11.83M
TypeSH
Market value$851.20M
8.34%
Sole
10.74M
Shared
171.41K
None
915.96K
ORACLE CORP
OTRShares8.03M
TypeSH
Market value$656.37M
6.43%
Sole
7.30M
Shared
123.09K
None
604.98K
PHILIP MORRIS INTL INC
OTRShares6.25M
TypeSH
Market value$632.68M
6.20%
Sole
5.61M
Shared
0.00
None
643.26K
AON PLC
OTRShares2.04M
TypeSH
Market value$613.67M
6.01%
Sole
1.86M
Shared
30.95K
None
155.92K
FOX CORP
OTRShares19.03M
TypeSH
Market value$577.82M
5.66%
Sole
17.28M
Shared
278.55K
None
1.47M
ELECTRONIC ARTS INC
OTRShares4.46M
TypeSH
Market value$545.11M
5.34%
Sole
4.05M
Shared
66.94K
None
341.26K
INTERCONTINENTAL EXCHANGE IN
OTRShares4.99M
TypeSH
Market value$511.49M
5.01%
Sole
4.53M
Shared
72.41K
None
386.41K
BOOKING HOLDINGS INC
OTRShares249.85K
TypeSH
Market value$503.53M
4.94%
Sole
226.87K
Shared
3.28K
None
19.70K
NEWS CORP NEW
OTRShares26.97M
TypeSH
Market value$490.92M
4.81%
Sole
24.25M
Shared
431.74K
None
2.29M
CORTEVA INC
OTRShares8.21M
TypeSH
Market value$482.33M
4.73%
Sole
7.45M
Shared
115.83K
None
642.01K
SALESFORCE INC
OTRShares3.47M
TypeSH
Market value$460.52M
4.51%
Sole
3.15M
Shared
49.38K
None
271.55K
ZILLOW GROUP INC
OTRShares13.74M
TypeSH
Market value$442.59M
4.34%
Sole
12.47M
Shared
186.44K
None
1.08M
JOHNSON & JOHNSON
OTRShares2.44M
TypeSH
Market value$430.62M
4.22%
Sole
2.21M
Shared
34.30K
None
190.99K
EBAY INC.
OTRShares10.37M
TypeSH
Market value$429.85M
4.21%
Sole
9.41M
Shared
156.50K
None
794.08K
TRANSUNION
OTRShares6.90M
TypeSH
Market value$391.35M
3.84%
Sole
6.26M
Shared
97.38K
None
537.54K
ALPHABET INC
OTRShares4.43M
TypeSH
Market value$391.29M
3.84%
Sole
4.03M
Shared
66.96K
None
339.74K
S&P GLOBAL INC
OTRShares1.11M
TypeSH
Market value$373.03M
3.66%
Sole
1.01M
Shared
16.74K
None
84.81K
MICROSOFT CORP
OTRShares1.54M
TypeSH
Market value$369.24M
3.62%
Sole
1.40M
Shared
23.55K
None
116.76K
RITCHIE BROS AUCTIONEERS
OTRShares4.89M
TypeSH
Market value$282.72M
2.77%
Sole
4.44M
Shared
55.60K
None
393.77K
IAA INC
OTRShares5.84M
TypeSH
Market value$233.59M
2.29%
Sole
5.30M
Shared
52.10K
None
483.73K
NEWS CORP NEW
OTRShares12.50M
TypeSH
Market value$230.52M
2.26%
Sole
11.64M
Shared
182.82K
None
681.39K
WORLD WRESTLING ENTMT INC
OTRShares1.69M
TypeSH
Market value$115.58M
1.13%
Sole
1.53M
Shared
0.00
None
153.70K
WESTERN UN CO
OTRShares8.19M
TypeSH
Market value$112.79M
1.11%
Sole
7.44M
Shared
83.25K
None
663.58K
ZILLOW GROUP INC
OTRShares2.38M
TypeSH
Market value$74.16M
0.73%
Sole
2.16M
Shared
33.53K
None
186.59K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
BRISTOL-MYERS SQUIBB COOTR | COM | 11.83M | SH | $851.20M 8.34% | 10.74M | 171.41K | 915.96K |
ORACLE CORPOTR | COM | 8.03M | SH | $656.37M 6.43% | 7.30M | 123.09K | 604.98K |
PHILIP MORRIS INTL INCOTR | COM | 6.25M | SH | $632.68M 6.20% | 5.61M | 0.00 | 643.26K |
AON PLCOTR | SHS CL A | 2.04M | SH | $613.67M 6.01% | 1.86M | 30.95K | 155.92K |
FOX CORPOTR | CL A COM | 19.03M | SH | $577.82M 5.66% | 17.28M | 278.55K | 1.47M |
ELECTRONIC ARTS INCOTR | COM | 4.46M | SH | $545.11M 5.34% | 4.05M | 66.94K | 341.26K |
INTERCONTINENTAL EXCHANGE INOTR | COM | 4.99M | SH | $511.49M 5.01% | 4.53M | 72.41K | 386.41K |
BOOKING HOLDINGS INCOTR | COM | 249.85K | SH | $503.53M 4.94% | 226.87K | 3.28K | 19.70K |
NEWS CORP NEWOTR | CL A | 26.97M | SH | $490.92M 4.81% | 24.25M | 431.74K | 2.29M |
CORTEVA INCOTR | COM | 8.21M | SH | $482.33M 4.73% | 7.45M | 115.83K | 642.01K |
SALESFORCE INCOTR | COM | 3.47M | SH | $460.52M 4.51% | 3.15M | 49.38K | 271.55K |
ZILLOW GROUP INCOTR | CL C CAP STK | 13.74M | SH | $442.59M 4.34% | 12.47M | 186.44K | 1.08M |
JOHNSON & JOHNSONOTR | COM | 2.44M | SH | $430.62M 4.22% | 2.21M | 34.30K | 190.99K |
EBAY INC.OTR | COM | 10.37M | SH | $429.85M 4.21% | 9.41M | 156.50K | 794.08K |
TRANSUNIONOTR | COM | 6.90M | SH | $391.35M 3.84% | 6.26M | 97.38K | 537.54K |
ALPHABET INCOTR | CAP STK CL A | 4.43M | SH | $391.29M 3.84% | 4.03M | 66.96K | 339.74K |
S&P GLOBAL INCOTR | COM | 1.11M | SH | $373.03M 3.66% | 1.01M | 16.74K | 84.81K |
MICROSOFT CORPOTR | COM | 1.54M | SH | $369.24M 3.62% | 1.40M | 23.55K | 116.76K |
RITCHIE BROS AUCTIONEERSOTR | COM | 4.89M | SH | $282.72M 2.77% | 4.44M | 55.60K | 393.77K |
IAA INCOTR | COM | 5.84M | SH | $233.59M 2.29% | 5.30M | 52.10K | 483.73K |
NEWS CORP NEWOTR | CL B | 12.50M | SH | $230.52M 2.26% | 11.64M | 182.82K | 681.39K |
WORLD WRESTLING ENTMT INCOTR | CL A | 1.69M | SH | $115.58M 1.13% | 1.53M | 0.00 | 153.70K |
WESTERN UN COOTR | COM | 8.19M | SH | $112.79M 1.11% | 7.44M | 83.25K | 663.58K |
ZILLOW GROUP INCOTR | CL A | 2.38M | SH | $74.16M 0.73% | 2.16M | 33.53K | 186.59K |