Independent Franchise Partners LLP
Clone Performance
Aug 2023–Aug 2026 · vs SPYHypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.
Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. Returns use comparable raw closes and exclude dividends; a captured split can shorten the simulated window. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.
Portfolio Concentration
23 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026Portfolio Trend
Sector Breakdown
As of Jun 30, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Communication Services | 27.1% | $4,130,364,800 |
| Healthcare | 21.5% | $3,276,099,877 |
| Financial Services | 17.3% | $2,632,858,024 |
| Consumer Defensive | 11.9% | $1,820,274,419 |
| Technology | 10.7% | $1,635,242,538 |
| Consumer Cyclical | 8.4% | $1,284,229,100 |
| Industrials | 2.4% | $368,890,646 |
| Basic Materials | 0.6% | $94,438,835 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| OTIS | Otis Worldwide Corp | +4,149,820 | 5,152,104 | $368,890,646 | |
| ZG | Zillow Group, Inc. | +4,037,780 | 19,973,691 | $629,019,799 | |
| TRU | TransUnion | +1,844,708 | 13,976,652 | $1,008,275,675 | |
| CRM | Salesforce, Inc. | +1,783,787 | 5,818,837 | $911,579,004 | |
| KVUE | Kenvue Inc. | +1,219,146 | 50,427,994 | $963,678,965 | |
| NWSA | News Corp | +1,062,058 | 41,098,392 | $1,049,620,131 | |
| IT | Gartner Inc | +982,191 | 5,582,962 | $723,663,534 | |
| BMY | Bristol Myers Squibb Co | +517,367 | 21,792,841 | $1,255,703,498 | |
| SOLV | Solventum Corp | +436,543 | 16,170,038 | $1,247,518,431 | |
| FOXA | Fox Corp | +398,758 | 13,881,333 | $694,882,498 | |
| ICE | Intercontinental Exchange, Inc. | +297,938 | 5,253,130 | $646,712,834 | |
| LYV | Live Nation Entertainment, Inc. | +148,682 | 6,013,439 | $1,101,120,815 | |
| ABNB | Airbnb, Inc. | +148,103 | 5,423,764 | $776,140,628 | |
| JNJ | Johnson & Johnson | +71,750 | 3,043,186 | $772,877,948 | |
| AON | Aon plc | +58,941 | 2,646,943 | $877,964,523 | |
| PM | Philip Morris International Inc. | +17,762 | 2,578,328 | $466,445,318 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| EBAY | Ebay Inc | −2,225,579 | 4,546,653 | $508,088,472 | |
| EL | Estee Lauder Companies Inc | −1,686,803 | 4,941,737 | $390,150,136 | |
| WBD | Warner Bros. Discovery, Inc. | −539,797 | 8,157,933 | $217,490,493 | |
| RYAN | Ryan Specialty Holdings, Inc. | −175,065 | 2,645,789 | $99,904,992 | |
| CTVA | Corteva, Inc. | −73,784 | 1,115,112 | $94,438,835 | |
| WMG | Warner Music Group Corp. | −36,450 | 12,997,804 | $351,850,554 | |
| TKO | TKO Group Holdings, Inc. | −28,508 | 429,092 | $86,380,510 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarterSold Out
Positions the filer fully exited| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| BMY |
Bristol Myers Squibb Co
Healthcare
|
Added | 21,792,841 | $1,255,703,498 | 8.24% | |
| SOLV |
Solventum Corp
Healthcare
|
Added | 16,170,038 | $1,247,518,431 | 8.18% | |
| LYV |
Live Nation Entertainment, Inc.
Communication Services
|
Added | 6,013,439 | $1,101,120,815 | 7.22% | |
| NWSA |
News Corp
Communication Services
|
Added | 41,098,392 | $1,049,620,131 | 6.89% | |
| TRU |
TransUnion
Financial Services
|
Reduced | 13,976,652 | $1,008,275,675 | 6.61% | |
| KVUE |
Kenvue Inc.
Consumer Defensive
|
Added | 50,427,994 | $963,678,965 | 6.32% | |
| CRM |
Salesforce, Inc.
Technology
|
Added | 5,818,837 | $911,579,004 | 5.98% | |
| AON |
Aon plc
Financial Services
|
Added | 2,646,943 | $877,964,523 | 5.76% | |
| ABNB |
Airbnb, Inc.
Consumer Cyclical
|
Added | 5,423,764 | $776,140,628 | 5.09% | |
| JNJ |
Johnson & Johnson
Healthcare
|
Added | 3,043,186 | $772,877,948 | 5.07% | |
| IT |
Gartner Inc
Technology
|
Reduced | 5,582,962 | $723,663,534 | 4.75% | |
| FOXA |
Fox Corp
Communication Services
|
Added | 13,881,333 | $694,882,498 | 4.56% | |
| ICE |
Intercontinental Exchange, Inc.
Financial Services
|
Added | 5,253,130 | $646,712,834 | 4.24% | |
| ZG |
Zillow Group, Inc.
Communication Services
|
Added | 19,973,691 | $629,019,799 | 4.13% | |
| EBAY |
Ebay Inc
Consumer Cyclical
|
Reduced | 4,546,653 | $508,088,472 | 3.33% | |
| PM |
Philip Morris International Inc.
Consumer Defensive
|
Added | 2,578,328 | $466,445,318 | 3.06% | |
| EL |
Estee Lauder Companies Inc
Consumer Defensive
|
Reduced | 4,941,737 | $390,150,136 | 2.56% | |
| OTIS |
Otis Worldwide Corp
Industrials
|
Added | 5,152,104 | $368,890,646 | 2.42% | |
| WMG |
Warner Music Group Corp.
Communication Services
|
Reduced | 12,997,804 | $351,850,554 | 2.31% | |
| WBD |
Warner Bros. Discovery, Inc.
Communication Services
|
Reduced | 8,157,933 | $217,490,493 | 1.43% | |
| RYAN |
Ryan Specialty Holdings, Inc.
Financial Services
|
Reduced | 2,645,789 | $99,904,992 | 0.66% | |
| CTVA |
Corteva, Inc.
Basic Materials
|
Reduced | 1,115,112 | $94,438,835 | 0.62% | |
| TKO |
TKO Group Holdings, Inc.
Communication Services
|
Reduced | 429,092 | $86,380,510 | 0.57% |
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.