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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
+9.46%
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
$10.2B
AUM Growth
+$696M
Cap. Flow
-$96.8M
Cap. Flow %
-0.95%
Top 10 Hldgs %
57.48%
Holding
25
New
–
Increased
2
Reduced
22
Closed
1

Top Buys

Rank Stock Value
1
RBA icon
RB Global
RBA
+$162M
2
IAA
IAA, Inc. Common Stock
IAA
+$104M

Top Sells

Rank Stock Value
1
WU icon
Western Union
WU
+$116M
2
ACN icon
Accenture
ACN
+$76.3M
3
BMY icon
Bristol-Myers Squibb
BMY
+$16.1M
4
AON icon
Aon
AON
+$11.1M
5
ORCL icon
Oracle
ORCL
+$11.1M

Sector Composition

Rank Sector Weight
1 Communication Services 28.11%
2 Financials 19.62%
3 Technology 14.57%
4 Healthcare 12.56%
5 Consumer Discretionary 11.44%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
BMY icon
1
Bristol-Myers Squibb
BMY
$133B
$851M 8.34%
11,830,484
-214,010
-2% -$16.1M
ORCL icon
2
Oracle
ORCL
$374B
$656M 6.43%
8,029,982
-145,453
-2% -$11.1M
PM icon
3
Philip Morris
PM
$297B
$633M 6.2%
6,251,184
-80,451
-1% -$7.59M
AON icon
4
Aon
AON
$76.5B
$614M 6.01%
2,044,612
-37,845
-2% -$11.1M
FOXA icon
5
Fox Class A
FOXA
$24.5B
$578M 5.66%
19,026,164
-355,530
-2% -$10.8M
EA icon
6
Electronic Arts
EA
$53B
$545M 5.34%
4,461,550
-81,943
-2% -$10.3M
ICE icon
7
Intercontinental Exchange
ICE
$85.6B
$511M 5.01%
4,985,788
-92,015
-2% -$9.16M
BKNG icon
8
Booking.com
BKNG
$149B
$504M 4.94%
6,246,375
-113,575
-2% -$8.62M
NWSA icon
9
News Corp Class A
NWSA
$14.9B
$491M 4.81%
26,973,601
-363,432
-1% -$6.31M
CTVA icon
10
Corteva
CTVA
$52.6B
$482M 4.73%
8,205,709
-145,176
-2% -$9.19M
CRM icon
11
Salesforce
CRM
$151B
$461M 4.51%
3,473,301
-61,965
-2% -$9.04M
Z icon
12
Zillow
Z
$7.79B
$443M 4.34%
13,740,817
-245,568
-2% -$8.14M
JNJ icon
13
Johnson & Johnson
JNJ
$618B
$431M 4.22%
2,437,714
-43,999
-2% -$7.6M
EBAY icon
14
eBay
EBAY
$50.6B
$430M 4.21%
10,365,256
-190,274
-2% -$7.88M
TRU icon
15
TransUnion
TRU
$15.1B
$391M 3.84%
6,895,970
-103,336
-1% -$6.06M
GOOGL icon
16
Alphabet (Google) Class A
GOOGL
$4.36T
$391M 3.84%
4,434,938
-81,151
-2% -$7.71M
SPGI icon
17
S&P Global
SPGI
$121B
$373M 3.66%
1,113,717
-21,002
-2% -$6.92M
MSFT icon
18
Microsoft
MSFT
$3.45T
$369M 3.62%
1,539,646
-28,604
-2% -$6.86M
RBA icon
19
RB Global
RBA
$20.4B
$283M 2.77%
4,888,788
+2,780,678
+132% +$162M
IAA
20
DELISTED
IAA, Inc. Common Stock
IAA
$234M 2.29%
5,839,692
+2,760,967
+90% +$104M
NWS icon
21
News Corp Class B
NWS
$16.9B
$231M 2.26%
12,501,328
-368,215
-3% -$6.49M
WWE
22
DELISTED
World Wrestling Entertainment
WWE
$116M 1.13%
1,686,771
-23,929
-1% -$1.81M
WU icon
23
Western Union
WU
$1.98B
$113M 1.11%
8,190,782
-8,434,556
-51% -$116M
ZG icon
24
Zillow
ZG
$7.94B
$74.2M 0.73%
2,376,195
-41,471
-2% -$1.36M
ACN icon
25
Accenture
ACN
$102B
– –
-296,392
Closed -$76.3M

Similar funds

BBVA
Banco Bilbao Vizcaya Argentaria Madrid, Spain $14.3B AUM 26.23% 1-Year Est. Return
Impax Asset Management Group
Impax Asset Management Group London, United Kingdom $14.3B AUM 19.8% 1-Year Est. Return
SSA
Schonfeld Strategic Advisors New York $14.2B AUM 37.17% 1-Year Est. Return
FGP
Freestone Grove Partners San Francisco, California $14.2B AUM 24.58% 1-Year Est. Return
BIP
Brandes Investment Partners La Jolla, California $14.1B AUM 25.52% 1-Year Est. Return
Polen Capital Management
Polen Capital Management Boca Raton, Florida $14.5B AUM 5.7% 1-Year Est. Return
X
Xponance Philadelphia, Pennsylvania $14.1B AUM 30.11% 1-Year Est. Return
CM
Capula Management Grand Cayman, Cayman Islands $14.1B AUM 19.14% 1-Year Est. Return

Independent Franchise Partners's Q4 2022 Portfolio in Review

As of Q4 2022, Independent Franchise Partners held 25 positions worth $10.2B, up 7.3% from $9.51B the previous quarter. Its ten largest holdings account for 57% of the portfolio.

Trading was light in Q4 2022: portfolio turnover was 4%. Independent Franchise Partners opened no new positions and exited 1, leaving the 25-position portfolio largely intact.

By sector, the portfolio is most concentrated in Communication Services at 28% of assets, down from 29% a quarter earlier, followed by Financials and Technology.

  • Independent Franchise Partners added most to RB Global in Q4 2022, an estimated $162M increase.
  • Independent Franchise Partners's biggest Q4 2022 reduction was Western Union, cutting an estimated $116M.
  • Independent Franchise Partners fully exited Accenture in Q4 2022, selling an estimated $76.3M.
  • Independent Franchise Partners's ten largest holdings make up 57% of its $10.2B portfolio in Q4 2022.
  • Independent Franchise Partners opened 0 new positions and closed 1 in Q4 2022.
  • Independent Franchise Partners's portfolio value rose 7.3% quarter-over-quarter to $10.2B.

Based on Independent Franchise Partners's 13F filing for Q4 2022, filed 13 Feb 2023.