13F HOLDINGS REPORT
Independent Franchise Partners LLP
Quarter ended Q2 2025 · Filed August 13, 2025 · Accession 0001172661-25-003135
Total Value
$15.03B
Positions
25
Other Managers
0
Confidential Omitted
No
Holdings (25)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | INTERCONTINENTAL EXCHANGE IN | 45866F104 | 6,105,335 | $1.12B | 7.45% |
| 2 | CORTEVA INC | CTVA | 13,395,475 | $998.4M | 6.64% |
| 3 | BRISTOL-MYERS SQUIBB CO | CELG-RI | 20,976,954 | $971.0M | 6.46% |
| 4 | NEWS CORP NEW | NWSLL | 29,170,531 | $866.9M | 5.77% |
| 5 | LIVE NATION ENTERTAINMENT IN | LYV | 5,640,306 | $853.3M | 5.68% |
| 6 | JOHNSON & JOHNSON | JNJ | 5,244,138 | $801.0M | 5.33% |
| 7 | ORACLE CORP | ORCL-PD | 3,568,470 | $780.2M | 5.19% |
| 8 | ZILLOW GROUP INC | Z | 11,039,921 | $773.3M | 5.14% |
| 9 | SOLVENTUM CORP | SOLV | 10,141,066 | $769.1M | 5.12% |
| 10 | PHILIP MORRIS INTL INC | 718172109 | 3,814,895 | $694.8M | 4.62% |
| 11 | KENVUE INC | KVUE | 31,265,574 | $654.4M | 4.35% |
| 12 | LAUDER ESTEE COS INC | 518439104 | 7,892,037 | $637.7M | 4.24% |
| 13 | RB GLOBAL INC | RBA | 5,697,981 | $605.1M | 4.03% |
| 14 | EBAY INC. | EBAY | 8,113,689 | $604.1M | 4.02% |
| 15 | FOX CORP | FOX | 10,736,192 | $601.7M | 4.00% |
| 16 | TKO GROUP HOLDINGS INC | TKO | 3,146,091 | $572.4M | 3.81% |
| 17 | ELECTRONIC ARTS INC | EA | 3,415,129 | $545.4M | 3.63% |
| 18 | AON PLC | AON | 1,480,916 | $528.3M | 3.51% |
| 19 | TRANSUNION | TRU | 4,646,903 | $408.9M | 2.72% |
| 20 | WARNER MUSIC GROUP CORP | WMG | 13,280,185 | $361.8M | 2.41% |
| 21 | NEWS CORP NEW | NWSLL | 9,423,928 | $323.3M | 2.15% |
| 22 | FOX CORP | FOX | 5,208,045 | $268.9M | 1.79% |
| 23 | WARNER BROS DISCOVERY INC | WBD | 13,037,924 | $149.4M | 0.99% |
| 24 | ZILLOW GROUP INC | Z | 2,038,517 | $139.6M | 0.93% |
| 25 | RENTOKIL INITIAL PLC | RKLIF | 102,155 | $2.5M | 0.02% |