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IFP

Independent Franchise Partners Portfolio holdings

AUM $14.3B
1-Year Est. Return 3.49%
This Fund
S&P 500
This Quarter Est. Return
+15.4%
1 Year Est. Return
+3.49%
3 Year Est. Return
+55.26%
5 Year Est. Return
+61.47%
10 Year Est. Return
+309.34%
AUM
$11.3B
AUM Growth
+$477M
Cap. Flow
-$1.02B
Cap. Flow %
-8.99%
Top 10 Hldgs %
64.08%
Holding
28
New
4
Increased
3
Reduced
18
Closed
3

Top Buys

Rank Stock Value
1
EL icon
Estee Lauder
EL
+$183M
2
LYV icon
Live Nation Entertainment
LYV
+$148M
3
KVUE icon
Kenvue
KVUE
+$80.1M
4
JNJ icon
Johnson & Johnson
JNJ
+$56.4M
5
SOLV icon
Solventum
SOLV
+$47M

Top Sells

Rank Stock Value
1
BKNG icon
Booking.com
BKNG
+$419M
2
ORCL icon
Oracle
ORCL
+$214M
3
TRU icon
TransUnion
TRU
+$153M
4
AON icon
Aon
AON
+$143M
5
RVTY icon
Revvity
RVTY
+$112M

Sector Composition

Rank Sector Weight
1 Communication Services 34.65%
2 Financials 14.82%
3 Healthcare 12.98%
4 Consumer Staples 12.07%
5 Industrials 7.69%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
BKNG icon
26
Booking.com
BKNG
$160B
– –
-2,644,025
Closed -$419M
NYT icon
27
New York Times
NYT
$10.5B
– –
-697,339
Closed -$35.7M
RVTY icon
28
Revvity
RVTY
$12.9B
– –
-1,067,353
Closed -$112M
1
2

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SSA
Schonfeld Strategic Advisors New York $14.2B AUM 37.17% 1-Year Est. Return
FGP
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BIP
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CM
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JFG
Jefferies Financial Group New York $14.6B AUM 40.95% 1-Year Est. Return
TI
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Independent Franchise Partners's Q3 2024 Portfolio in Review

As of Q3 2024, Independent Franchise Partners held 28 positions worth $11.3B, up 4.4% from $10.9B the previous quarter. Its ten largest holdings account for 64% of the portfolio.

Independent Franchise Partners withdrew a net $1.02B in Q3 2024, closing 3 positions and reducing 18 holdings. Its most notable exit was Booking.com, an estimated $419M position sold in full.

By sector, the portfolio is most concentrated in Communication Services at 35% of assets, up from 32% a quarter earlier, followed by Financials and Healthcare.

Against the trend, Independent Franchise Partners opened a new position in Live Nation Entertainment worth $167M.

  • Independent Franchise Partners's largest Q3 2024 buy was Live Nation Entertainment: 1,525,776 shares worth $167M.
  • Independent Franchise Partners added most to Estee Lauder in Q3 2024, an estimated $183M increase.
  • Independent Franchise Partners's biggest Q3 2024 reduction was Oracle, cutting an estimated $214M.
  • Independent Franchise Partners fully exited Booking.com in Q3 2024, selling an estimated $419M.
  • Independent Franchise Partners's ten largest holdings make up 64% of its $11.3B portfolio in Q3 2024.
  • Independent Franchise Partners opened 4 new positions and closed 3 in Q3 2024.
  • Independent Franchise Partners's portfolio value rose 4.4% quarter-over-quarter to $11.3B.

Based on Independent Franchise Partners's 13F filing for Q3 2024, filed 13 Nov 2024.