We are live on ! Find out more
IFP

Independent Franchise Partners Portfolio holdings

AUM $14.3B
1-Year Est. Return 3.49%
This Fund
S&P 500
This Quarter Est. Return
+2.8%
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
$13.3B
AUM Growth
+$1.98B
Cap. Flow
+$1.77B
Cap. Flow %
13.3%
Top 10 Hldgs %
62.29%
Holding
25
New
–
Increased
17
Reduced
8
Closed
–

Top Buys

Rank Stock Value
1
LYV icon
Live Nation Entertainment
LYV
+$399M
2
CTVA icon
Corteva
CTVA
+$331M
3
EL icon
Estee Lauder
EL
+$194M
4
ICE icon
Intercontinental Exchange
ICE
+$168M
5
BMY icon
Bristol-Myers Squibb
BMY
+$165M

Top Sells

Rank Stock Value
1
RBA icon
RB Global
RBA
+$94.6M
2
Z icon
Zillow
Z
+$60.9M
3
EA icon
Electronic Arts
EA
+$16.4M
4
AZPN
Aspen Technology Inc
AZPN
+$8.63M
5
KVUE icon
Kenvue
KVUE
+$5.58M

Sector Composition

Rank Sector Weight
1 Communication Services 36.5%
2 Financials 13.78%
3 Healthcare 13.71%
4 Consumer Staples 11.01%
5 Materials 7.05%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
BMY icon
1
Bristol-Myers Squibb
BMY
$133B
$969M 7.27%
17,129,229
+2,944,879
+21% +$165M
CTVA icon
2
Corteva
CTVA
$52.6B
$940M 7.05%
16,496,508
+5,604,838
+51% +$331M
ICE icon
3
Intercontinental Exchange
ICE
$85.6B
$918M 6.89%
6,160,836
+1,062,904
+21% +$168M
RBA icon
4
RB Global
RBA
$20.4B
$872M 6.54%
9,663,962
-1,057,725
-10% -$94.6M
Z icon
5
Zillow
Z
$7.79B
$806M 6.05%
10,882,613
-851,811
-7% -$60.9M
PM icon
6
Philip Morris
PM
$297B
$800M 6%
6,643,831
+540,434
+9% +$68.2M
FOXA icon
7
Fox Class A
FOXA
$24.5B
$786M 5.9%
16,177,409
-89,506
-0.6% -$4.03M
JNJ icon
8
Johnson & Johnson
JNJ
$618B
$751M 5.64%
5,194,471
+978,216
+23% +$152M
NWSA icon
9
News Corp Class A
NWSA
$14.9B
$733M 5.5%
26,617,259
+2,812,080
+12% +$78.3M
AON icon
10
Aon
AON
$76.5B
$724M 5.44%
2,016,972
+45,075
+2% +$16.6M
EBAY icon
11
eBay
EBAY
$50.6B
$693M 5.2%
11,178,638
+2,277,839
+26% +$145M
ORCL icon
12
Oracle
ORCL
$374B
$690M 5.18%
4,138,455
+240,956
+6% +$42.8M
LYV icon
13
Live Nation Entertainment
LYV
$40.6B
$608M 4.56%
4,693,986
+3,168,210
+208% +$399M
EL icon
14
Estee Lauder
EL
$30.4B
$589M 4.42%
7,858,158
+2,458,379
+46% +$194M
EA icon
15
Electronic Arts
EA
$53B
$564M 4.24%
3,856,935
-106,820
-3% -$16.4M
TKO icon
16
TKO Group
TKO
$13.6B
$484M 3.64%
3,409,140
+235,420
+7% +$30.7M
NWS icon
17
News Corp Class B
NWS
$16.9B
$294M 2.2%
9,649,717
+627,774
+7% +$18.9M
FOX icon
18
Fox Class B
FOX
$21.8B
$261M 1.96%
5,706,386
+759,874
+15% +$32M
TRU icon
19
TransUnion
TRU
$15.1B
$193M 1.45%
2,086,050
+375,736
+22% +$38.1M
WMG icon
20
Warner Music
WMG
$13.5B
$183M 1.37%
5,895,025
+839,754
+17% +$26.9M
ZG icon
21
Zillow
ZG
$7.94B
$143M 1.08%
2,024,353
-17,446
-0.9% -$1.2M
AZPN
22
DELISTED
Aspen Technology Inc
AZPN
$130M 0.97%
520,184
-35,374
-6% -$8.63M
SOLV icon
23
Solventum
SOLV
$14.8B
$106M 0.8%
1,603,154
+821,272
+105% +$57.5M
KVUE icon
24
Kenvue
KVUE
$36.9B
$77.2M 0.58%
3,617,749
-246,013
-6% -$5.58M
RTO icon
25
Rentokil
RTO
$11.8B
$7.57M 0.06%
299,149
-46,446
-13% -$1.18M

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 2024 Portfolio in Review

As of Q4 2024, Independent Franchise Partners held 25 positions worth $13.3B, up 17% from $11.3B the previous quarter. Its ten largest holdings account for 62% of the portfolio.

Independent Franchise Partners deployed $1.77B of net new capital in Q4 2024, adding to 17 existing holdings.

By sector, the portfolio is most concentrated in Communication Services at 37% of assets, up from 35% a quarter earlier, followed by Financials and Healthcare.

On the sell side, the largest reduction was RB Global, an estimated $94.6M trimmed.

  • Independent Franchise Partners added most to Live Nation Entertainment in Q4 2024, an estimated $399M increase.
  • Independent Franchise Partners's biggest Q4 2024 reduction was RB Global, cutting an estimated $94.6M.
  • Independent Franchise Partners's ten largest holdings make up 62% of its $13.3B portfolio in Q4 2024.
  • Independent Franchise Partners opened 0 new positions and closed 0 in Q4 2024.
  • Independent Franchise Partners's portfolio value rose 17% quarter-over-quarter to $13.3B.

Based on Independent Franchise Partners's 13F filing for Q4 2024, filed 13 Feb 2025.