Filed: 8/11/2023ACC: 0001172661-23-002901
📋 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 $11.95B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
24
Positions
$11.95B
Total AUM (reported)
175.67M
Total Shares
Allocation by class
COM$8.57B71.7%
CL A$988.56M8.3%
SHS CL A$704.28M5.9%
CL C CAP STK$689.48M5.8%
CL A COM$639.66M5.4%
CL B$249.53M2.1%
CL B COM$111.52M0.9%
Portfolio Concentration
Top 3$2.48B20.8%
4–10$4.62B38.7%
11–25$4.85B40.6%
Top 3 weight
20.8%
Top 10 weight
59.4%
Voting Authority Distribution
Total shares with voting rights: 175.67M
Sole
Full voting authority
159.83M
shares
% of voting shares91.0%
Shared
Joint voting authority
1.50M
shares
% of voting shares0.9%
None
No voting authority
14.33M
shares
% of voting shares8.2%
Investment Discretion (by position count)
Sole0
Shared0
Other24
Dominant voting typeSole · 91.0% of voting shares
Institutional Holdings24
Rows:
RB GLOBAL INC
OTRShares16.08M
TypeSH
Market value$964.69M
8.07%
Sole
14.64M
Shared
143.99K
None
1.30M
BRISTOL-MYERS SQUIBB CO
OTRShares12.54M
TypeSH
Market value$801.90M
6.71%
Sole
11.43M
Shared
118.74K
None
987.82K
BOOKING HOLDINGS INC
OTRShares264.99K
TypeSH
Market value$715.56M
5.99%
Sole
241.21K
Shared
2.25K
None
21.52K
ORACLE CORP
OTRShares5.95M
TypeSH
Market value$708.17M
5.93%
Sole
5.41M
Shared
52.93K
None
481.27K
AON PLC
OTRShares2.04M
TypeSH
Market value$704.28M
5.89%
Sole
1.86M
Shared
19.48K
None
161.15K
ZILLOW GROUP INC
OTRShares13.72M
TypeSH
Market value$689.48M
5.77%
Sole
12.49M
Shared
117.22K
None
1.12M
CORTEVA INC
OTRShares11.29M
TypeSH
Market value$647.05M
5.42%
Sole
10.28M
Shared
106.82K
None
909.27K
FOX CORP
OTRShares18.81M
TypeSH
Market value$639.66M
5.35%
Sole
17.13M
Shared
177.52K
None
1.50M
PHILIP MORRIS INTL INC
OTRShares6.31M
TypeSH
Market value$615.56M
5.15%
Sole
5.64M
Shared
0.00
None
664.84K
NEWS CORP NEW
OTRShares31.49M
TypeSH
Market value$614.12M
5.14%
Sole
28.40M
Shared
280.70K
None
2.81M
SALESFORCE INC
OTRShares2.89M
TypeSH
Market value$611.15M
5.11%
Sole
2.63M
Shared
26.02K
None
233.41K
ELECTRONIC ARTS INC
OTRShares4.54M
TypeSH
Market value$588.35M
4.92%
Sole
4.13M
Shared
42.07K
None
360.60K
INTERCONTINENTAL EXCHANGE IN
OTRShares5.07M
TypeSH
Market value$572.93M
4.79%
Sole
4.61M
Shared
45.59K
None
407.76K
TRANSUNION
OTRShares6.87M
TypeSH
Market value$538.36M
4.51%
Sole
6.26M
Shared
61.51K
None
555.77K
EBAY INC.
OTRShares10.54M
TypeSH
Market value$471.12M
3.94%
Sole
9.60M
Shared
98.35K
None
839.44K
S&P GLOBAL INC
OTRShares1.11M
TypeSH
Market value$445.32M
3.73%
Sole
1.01M
Shared
10.54K
None
87.60K
MICROSOFT CORP
OTRShares1.25M
TypeSH
Market value$425.71M
3.56%
Sole
1.14M
Shared
12.24K
None
97.60K
JOHNSON & JOHNSON
OTRShares2.44M
TypeSH
Market value$403.07M
3.37%
Sole
2.22M
Shared
21.63K
None
197.48K
NEWS CORP NEW
OTRShares12.65M
TypeSH
Market value$249.53M
2.09%
Sole
11.79M
Shared
120.83K
None
746K
WORLD WRESTLING ENTMT INC
OTRShares1.67M
TypeSH
Market value$181.67M
1.52%
Sole
1.52M
Shared
0.00
None
156.05K
ZILLOW GROUP INC
OTRShares2.37M
TypeSH
Market value$116.78M
0.98%
Sole
2.16M
Shared
21.08K
None
193K
FOX CORP
OTRShares3.50M
TypeSH
Market value$111.52M
0.93%
Sole
3.18M
Shared
23.40K
None
295.45K
NEW YORK TIMES CO
OTRShares1.93M
TypeSH
Market value$75.99M
0.64%
Sole
1.75M
Shared
0.00
None
179.52K
ASPEN TECHNOLOGY INC
OTRShares339.97K
TypeSH
Market value$56.98M
0.48%
Sole
308.33K
Shared
0.00
None
31.63K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
RB GLOBAL INCOTR | COM | 16.08M | SH | $964.69M 8.07% | 14.64M | 143.99K | 1.30M |
BRISTOL-MYERS SQUIBB COOTR | COM | 12.54M | SH | $801.90M 6.71% | 11.43M | 118.74K | 987.82K |
BOOKING HOLDINGS INCOTR | COM | 264.99K | SH | $715.56M 5.99% | 241.21K | 2.25K | 21.52K |
ORACLE CORPOTR | COM | 5.95M | SH | $708.17M 5.93% | 5.41M | 52.93K | 481.27K |
AON PLCOTR | SHS CL A | 2.04M | SH | $704.28M 5.89% | 1.86M | 19.48K | 161.15K |
ZILLOW GROUP INCOTR | CL C CAP STK | 13.72M | SH | $689.48M 5.77% | 12.49M | 117.22K | 1.12M |
CORTEVA INCOTR | COM | 11.29M | SH | $647.05M 5.42% | 10.28M | 106.82K | 909.27K |
FOX CORPOTR | CL A COM | 18.81M | SH | $639.66M 5.35% | 17.13M | 177.52K | 1.50M |
PHILIP MORRIS INTL INCOTR | COM | 6.31M | SH | $615.56M 5.15% | 5.64M | 0.00 | 664.84K |
NEWS CORP NEWOTR | CL A | 31.49M | SH | $614.12M 5.14% | 28.40M | 280.70K | 2.81M |
SALESFORCE INCOTR | COM | 2.89M | SH | $611.15M 5.11% | 2.63M | 26.02K | 233.41K |
ELECTRONIC ARTS INCOTR | COM | 4.54M | SH | $588.35M 4.92% | 4.13M | 42.07K | 360.60K |
INTERCONTINENTAL EXCHANGE INOTR | COM | 5.07M | SH | $572.93M 4.79% | 4.61M | 45.59K | 407.76K |
TRANSUNIONOTR | COM | 6.87M | SH | $538.36M 4.51% | 6.26M | 61.51K | 555.77K |
EBAY INC.OTR | COM | 10.54M | SH | $471.12M 3.94% | 9.60M | 98.35K | 839.44K |
S&P GLOBAL INCOTR | COM | 1.11M | SH | $445.32M 3.73% | 1.01M | 10.54K | 87.60K |
MICROSOFT CORPOTR | COM | 1.25M | SH | $425.71M 3.56% | 1.14M | 12.24K | 97.60K |
JOHNSON & JOHNSONOTR | COM | 2.44M | SH | $403.07M 3.37% | 2.22M | 21.63K | 197.48K |
NEWS CORP NEWOTR | CL B | 12.65M | SH | $249.53M 2.09% | 11.79M | 120.83K | 746K |
WORLD WRESTLING ENTMT INCOTR | CL A | 1.67M | SH | $181.67M 1.52% | 1.52M | 0.00 | 156.05K |
ZILLOW GROUP INCOTR | CL A | 2.37M | SH | $116.78M 0.98% | 2.16M | 21.08K | 193K |
FOX CORPOTR | CL B COM | 3.50M | SH | $111.52M 0.93% | 3.18M | 23.40K | 295.45K |
NEW YORK TIMES COOTR | CL A | 1.93M | SH | $75.99M 0.64% | 1.75M | 0.00 | 179.52K |
ASPEN TECHNOLOGY INCOTR | COM | 339.97K | SH | $56.98M 0.48% | 308.33K | 0.00 | 31.63K |