Filed: 11/13/2023ACC: 0001172661-23-003766
📋 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 $11.54B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
24
Positions
$11.54B
Total AUM (reported)
180.99M
Total Shares
Allocation by class
COM$7.98B69.2%
CL A$1.33B11.5%
SHS CL A$656.99M5.7%
CL C CAP STK$628.85M5.5%
CL A COM$580.90M5.0%
CL B$259.29M2.2%
CL B COM$101.91M0.9%
Portfolio Concentration
Top 3$2.55B22.1%
4–10$4.41B38.2%
11–25$4.58B39.7%
Top 3 weight
22.1%
Top 10 weight
60.3%
Voting Authority Distribution
Total shares with voting rights: 180.99M
Sole
Full voting authority
164.37M
shares
% of voting shares90.8%
Shared
Joint voting authority
1.55M
shares
% of voting shares0.9%
None
No voting authority
15.07M
shares
% of voting shares8.3%
Investment Discretion (by position count)
Sole0
Shared0
Other24
Dominant voting typeSole · 90.8% of voting shares
Institutional Holdings24
Rows:
RB GLOBAL INC
OTRShares15.90M
TypeSH
Market value$993.73M
8.61%
Sole
14.44M
Shared
143.99K
None
1.31M
BRISTOL-MYERS SQUIBB CO
OTRShares14.75M
TypeSH
Market value$856.07M
7.42%
Sole
13.41M
Shared
134.71K
None
1.21M
INTERCONTINENTAL EXCHANGE IN
OTRShares6.37M
TypeSH
Market value$700.52M
6.07%
Sole
5.79M
Shared
56.85K
None
524.82K
CORTEVA INC
OTRShares12.89M
TypeSH
Market value$659.69M
5.72%
Sole
11.72M
Shared
115.50K
None
1.06M
AON PLC
OTRShares2.03M
TypeSH
Market value$656.99M
5.70%
Sole
1.84M
Shared
19.48K
None
162.96K
NEWS CORP NEW
OTRShares31.39M
TypeSH
Market value$629.66M
5.46%
Sole
28.27M
Shared
280.70K
None
2.84M
ZILLOW GROUP INC
OTRShares13.62M
TypeSH
Market value$628.85M
5.45%
Sole
12.38M
Shared
117.22K
None
1.13M
ORACLE CORP
OTRShares5.90M
TypeSH
Market value$625.23M
5.42%
Sole
5.36M
Shared
52.93K
None
486.76K
BOOKING HOLDINGS INC
OTRShares202.33K
TypeSH
Market value$623.97M
5.41%
Sole
183.77K
Shared
1.80K
None
16.76K
SALESFORCE INC
OTRShares2.87M
TypeSH
Market value$582.33M
5.05%
Sole
2.61M
Shared
26.02K
None
236.07K
FOX CORP
OTRShares18.62M
TypeSH
Market value$580.90M
5.04%
Sole
16.92M
Shared
177.52K
None
1.52M
PHILIP MORRIS INTL INC
OTRShares6.23M
TypeSH
Market value$576.36M
5.00%
Sole
5.55M
Shared
0.00
None
672.33K
ELECTRONIC ARTS INC
OTRShares4.51M
TypeSH
Market value$542.50M
4.70%
Sole
4.10M
Shared
42.07K
None
364.56K
TRANSUNION
OTRShares6.82M
TypeSH
Market value$489.77M
4.25%
Sole
6.20M
Shared
61.51K
None
562.16K
EBAY INC.
OTRShares10.47M
TypeSH
Market value$461.56M
4.00%
Sole
9.52M
Shared
98.35K
None
848.92K
S&P GLOBAL INC
OTRShares1.10M
TypeSH
Market value$403.26M
3.50%
Sole
1M
Shared
10.54K
None
88.56K
JOHNSON & JOHNSON
OTRShares2.42M
TypeSH
Market value$376.45M
3.26%
Sole
2.20M
Shared
21.63K
None
199.76K
LAUDER ESTEE COS INC
OTRShares2.58M
TypeSH
Market value$372.83M
3.23%
Sole
2.34M
Shared
23.03K
None
212.73K
NEWS CORP NEW
OTRShares12.42M
TypeSH
Market value$259.29M
2.25%
Sole
11.55M
Shared
120.83K
None
753.93K
TKO GROUP HOLDINGS INC
OTRShares1.64M
TypeSH
Market value$138.11M
1.20%
Sole
1.49M
Shared
0.00
None
153.21K
ZILLOW GROUP INC
OTRShares2.36M
TypeSH
Market value$105.50M
0.91%
Sole
2.14M
Shared
21.08K
None
195.27K
FOX CORP
OTRShares3.53M
TypeSH
Market value$101.91M
0.88%
Sole
3.21M
Shared
23.40K
None
298.88K
ASPEN TECHNOLOGY INC
OTRShares441.46K
TypeSH
Market value$90.17M
0.78%
Sole
400.31K
Shared
0.00
None
41.15K
NEW YORK TIMES CO
OTRShares1.93M
TypeSH
Market value$79.50M
0.69%
Sole
1.75M
Shared
0.00
None
179.52K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
RB GLOBAL INCOTR | COM | 15.90M | SH | $993.73M 8.61% | 14.44M | 143.99K | 1.31M |
BRISTOL-MYERS SQUIBB COOTR | COM | 14.75M | SH | $856.07M 7.42% | 13.41M | 134.71K | 1.21M |
INTERCONTINENTAL EXCHANGE INOTR | COM | 6.37M | SH | $700.52M 6.07% | 5.79M | 56.85K | 524.82K |
CORTEVA INCOTR | COM | 12.89M | SH | $659.69M 5.72% | 11.72M | 115.50K | 1.06M |
AON PLCOTR | SHS CL A | 2.03M | SH | $656.99M 5.70% | 1.84M | 19.48K | 162.96K |
NEWS CORP NEWOTR | CL A | 31.39M | SH | $629.66M 5.46% | 28.27M | 280.70K | 2.84M |
ZILLOW GROUP INCOTR | CL C CAP STK | 13.62M | SH | $628.85M 5.45% | 12.38M | 117.22K | 1.13M |
ORACLE CORPOTR | COM | 5.90M | SH | $625.23M 5.42% | 5.36M | 52.93K | 486.76K |
BOOKING HOLDINGS INCOTR | COM | 202.33K | SH | $623.97M 5.41% | 183.77K | 1.80K | 16.76K |
SALESFORCE INCOTR | COM | 2.87M | SH | $582.33M 5.05% | 2.61M | 26.02K | 236.07K |
FOX CORPOTR | CL A COM | 18.62M | SH | $580.90M 5.04% | 16.92M | 177.52K | 1.52M |
PHILIP MORRIS INTL INCOTR | COM | 6.23M | SH | $576.36M 5.00% | 5.55M | 0.00 | 672.33K |
ELECTRONIC ARTS INCOTR | COM | 4.51M | SH | $542.50M 4.70% | 4.10M | 42.07K | 364.56K |
TRANSUNIONOTR | COM | 6.82M | SH | $489.77M 4.25% | 6.20M | 61.51K | 562.16K |
EBAY INC.OTR | COM | 10.47M | SH | $461.56M 4.00% | 9.52M | 98.35K | 848.92K |
S&P GLOBAL INCOTR | COM | 1.10M | SH | $403.26M 3.50% | 1M | 10.54K | 88.56K |
JOHNSON & JOHNSONOTR | COM | 2.42M | SH | $376.45M 3.26% | 2.20M | 21.63K | 199.76K |
LAUDER ESTEE COS INCOTR | CL A | 2.58M | SH | $372.83M 3.23% | 2.34M | 23.03K | 212.73K |
NEWS CORP NEWOTR | CL B | 12.42M | SH | $259.29M 2.25% | 11.55M | 120.83K | 753.93K |
TKO GROUP HOLDINGS INCOTR | CL A | 1.64M | SH | $138.11M 1.20% | 1.49M | 0.00 | 153.21K |
ZILLOW GROUP INCOTR | CL A | 2.36M | SH | $105.50M 0.91% | 2.14M | 21.08K | 195.27K |
FOX CORPOTR | CL B COM | 3.53M | SH | $101.91M 0.88% | 3.21M | 23.40K | 298.88K |
ASPEN TECHNOLOGY INCOTR | COM | 441.46K | SH | $90.17M 0.78% | 400.31K | 0.00 | 41.15K |
NEW YORK TIMES COOTR | CL A | 1.93M | SH | $79.50M 0.69% | 1.75M | 0.00 | 179.52K |