Filed: 11/13/2024ACC: 0001172661-24-004649
📋 What this filing means
INDEPENDENT FRANCHISE PARTNERS LLP filed this quarterly 13F‑HR report disclosing 25 equity positions with a total reported market value of $11.34B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
25
Positions
$11.34B
Total AUM (reported)
160.18M
Total Shares
Allocation by class
COM$6.86B60.5%
CL A$1.69B14.9%
CL C CAP STK$749.24M6.6%
CL A COM$688.58M6.1%
SHS CL A$682.26M6.0%
CL B$252.16M2.2%
CL B COM$191.92M1.7%
Portfolio Concentration
Top 3$2.43B21.4%
4–10$4.83B42.6%
11–25$4.07B35.9%
Top 3 weight
21.4%
Top 10 weight
64.1%
Voting Authority Distribution
Total shares with voting rights: 160.18M
Sole
Full voting authority
158.63M
shares
% of voting shares99.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
1.55M
shares
% of voting shares1.0%
Investment Discretion (by position count)
Sole0
Shared0
Other25
Dominant voting typeSole · 99.0% of voting shares
Institutional Holdings25
Rows:
RB GLOBAL INC
OTRShares10.72M
TypeSH
Market value$862.99M
7.61%
Sole
10.62M
Shared
0.00
None
105.58K
INTERCONTINENTAL EXCHANGE IN
OTRShares5.10M
TypeSH
Market value$818.93M
7.22%
Sole
5.05M
Shared
0.00
None
51.53K
ZILLOW GROUP INC
OTRShares11.73M
TypeSH
Market value$749.24M
6.61%
Sole
11.62M
Shared
0.00
None
115.68K
PHILIP MORRIS INTL INC
OTRShares6.10M
TypeSH
Market value$740.95M
6.54%
Sole
6.02M
Shared
0.00
None
83.14K
BRISTOL-MYERS SQUIBB CO
OTRShares14.18M
TypeSH
Market value$733.90M
6.47%
Sole
14.04M
Shared
0.00
None
144.82K
FOX CORP
OTRShares16.27M
TypeSH
Market value$688.58M
6.07%
Sole
16.11M
Shared
0.00
None
159.91K
JOHNSON & JOHNSON
OTRShares4.22M
TypeSH
Market value$683.29M
6.03%
Sole
4.17M
Shared
0.00
None
41.66K
AON PLC
OTRShares1.97M
TypeSH
Market value$682.26M
6.02%
Sole
1.95M
Shared
0.00
None
19.52K
ORACLE CORP
OTRShares3.90M
TypeSH
Market value$664.13M
5.86%
Sole
3.86M
Shared
0.00
None
41.06K
CORTEVA INC
OTRShares10.89M
TypeSH
Market value$640.32M
5.65%
Sole
10.78M
Shared
0.00
None
110.34K
NEWS CORP NEW
OTRShares23.81M
TypeSH
Market value$633.93M
5.59%
Sole
23.54M
Shared
0.00
None
263.91K
EBAY INC.
OTRShares8.90M
TypeSH
Market value$579.53M
5.11%
Sole
8.81M
Shared
0.00
None
91.28K
ELECTRONIC ARTS INC
OTRShares3.96M
TypeSH
Market value$568.56M
5.01%
Sole
3.93M
Shared
0.00
None
38.14K
LAUDER ESTEE COS INC
OTRShares5.40M
TypeSH
Market value$538.30M
4.75%
Sole
5.34M
Shared
0.00
None
56.59K
TKO GROUP HOLDINGS INC
OTRShares3.17M
TypeSH
Market value$392.62M
3.46%
Sole
3.15M
Shared
0.00
None
26.02K
NEWS CORP NEW
OTRShares9.02M
TypeSH
Market value$252.16M
2.22%
Sole
8.94M
Shared
0.00
None
81.51K
FOX CORP
OTRShares4.95M
TypeSH
Market value$191.92M
1.69%
Sole
4.89M
Shared
0.00
None
58.26K
TRANSUNION
OTRShares1.71M
TypeSH
Market value$179.07M
1.58%
Sole
1.69M
Shared
0.00
None
17.93K
LIVE NATION ENTERTAINMENT IN
OTRShares1.53M
TypeSH
Market value$167.06M
1.47%
Sole
1.51M
Shared
0.00
None
15.91K
WARNER MUSIC GROUP CORP
OTRShares5.06M
TypeSH
Market value$158.23M
1.40%
Sole
5.06M
Shared
0.00
None
0.00
ASPEN TECHNOLOGY INC
OTRShares555.56K
TypeSH
Market value$132.68M
1.17%
Sole
555.56K
Shared
0.00
None
0.00
ZILLOW GROUP INC
OTRShares2.04M
TypeSH
Market value$126.45M
1.12%
Sole
2.02M
Shared
0.00
None
21.84K
KENVUE INC
OTRShares3.86M
TypeSH
Market value$89.37M
0.79%
Sole
3.86M
Shared
0.00
None
0.00
SOLVENTUM CORP
OTRShares781.88K
TypeSH
Market value$54.51M
0.48%
Sole
781.88K
Shared
0.00
None
0.00
RENTOKIL INITIAL PLC
OTRShares345.60K
TypeSH
Market value$8.62M
0.08%
Sole
341K
Shared
0.00
None
4.60K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
RB GLOBAL INCOTR | COM | 10.72M | SH | $862.99M 7.61% | 10.62M | 0.00 | 105.58K |
INTERCONTINENTAL EXCHANGE INOTR | COM | 5.10M | SH | $818.93M 7.22% | 5.05M | 0.00 | 51.53K |
ZILLOW GROUP INCOTR | CL C CAP STK | 11.73M | SH | $749.24M 6.61% | 11.62M | 0.00 | 115.68K |
PHILIP MORRIS INTL INCOTR | COM | 6.10M | SH | $740.95M 6.54% | 6.02M | 0.00 | 83.14K |
BRISTOL-MYERS SQUIBB COOTR | COM | 14.18M | SH | $733.90M 6.47% | 14.04M | 0.00 | 144.82K |
FOX CORPOTR | CL A COM | 16.27M | SH | $688.58M 6.07% | 16.11M | 0.00 | 159.91K |
JOHNSON & JOHNSONOTR | COM | 4.22M | SH | $683.29M 6.03% | 4.17M | 0.00 | 41.66K |
AON PLCOTR | SHS CL A | 1.97M | SH | $682.26M 6.02% | 1.95M | 0.00 | 19.52K |
ORACLE CORPOTR | COM | 3.90M | SH | $664.13M 5.86% | 3.86M | 0.00 | 41.06K |
CORTEVA INCOTR | COM | 10.89M | SH | $640.32M 5.65% | 10.78M | 0.00 | 110.34K |
NEWS CORP NEWOTR | CL A | 23.81M | SH | $633.93M 5.59% | 23.54M | 0.00 | 263.91K |
EBAY INC.OTR | COM | 8.90M | SH | $579.53M 5.11% | 8.81M | 0.00 | 91.28K |
ELECTRONIC ARTS INCOTR | COM | 3.96M | SH | $568.56M 5.01% | 3.93M | 0.00 | 38.14K |
LAUDER ESTEE COS INCOTR | CL A | 5.40M | SH | $538.30M 4.75% | 5.34M | 0.00 | 56.59K |
TKO GROUP HOLDINGS INCOTR | CL A | 3.17M | SH | $392.62M 3.46% | 3.15M | 0.00 | 26.02K |
NEWS CORP NEWOTR | CL B | 9.02M | SH | $252.16M 2.22% | 8.94M | 0.00 | 81.51K |
FOX CORPOTR | CL B COM | 4.95M | SH | $191.92M 1.69% | 4.89M | 0.00 | 58.26K |
TRANSUNIONOTR | COM | 1.71M | SH | $179.07M 1.58% | 1.69M | 0.00 | 17.93K |
LIVE NATION ENTERTAINMENT INOTR | COM | 1.53M | SH | $167.06M 1.47% | 1.51M | 0.00 | 15.91K |
WARNER MUSIC GROUP CORPOTR | COM CL A | 5.06M | SH | $158.23M 1.40% | 5.06M | 0.00 | 0.00 |
ASPEN TECHNOLOGY INCOTR | COM | 555.56K | SH | $132.68M 1.17% | 555.56K | 0.00 | 0.00 |
ZILLOW GROUP INCOTR | CL A | 2.04M | SH | $126.45M 1.12% | 2.02M | 0.00 | 21.84K |
KENVUE INCOTR | COM | 3.86M | SH | $89.37M 0.79% | 3.86M | 0.00 | 0.00 |
SOLVENTUM CORPOTR | COM SHS | 781.88K | SH | $54.51M 0.48% | 781.88K | 0.00 | 0.00 |
RENTOKIL INITIAL PLCOTR | SPONSORED ADR | 345.60K | SH | $8.62M 0.08% | 341K | 0.00 | 4.60K |