Skip to content
Disclosery

Independent Franchise Partners LLP

Follow

13F filer, CIK 1483866, London, United Kingdom

Independent Franchise Partners LLP reported $15,170,078,082 across 29 holdings for the quarter ended 2025-09-30, in a 13F-HR filed 2025-11-14. Its ten largest share positions make up 55.67% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001172661-25-004789

Period
2025-09-30
Reported value
$15.2B
Holdings
29
Top 10 weight
55.67%
New
4
Sold out
0

Largest buys vs the previous quarter

SecurityShares changeApprox. value
ITnew+3,196,127$840M
ABNBnew+4,164,648$506M
AONadded+615,570$219M
SOLVadded+2,758,174$201M
OTISnew+1,098,496$100M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
ORCLreduced-3,417,437-$961M
TKOreduced-2,582,975-$522M
RBAreduced-2,766,665-$300M
ICEreduced-1,323,410-$223M
CTVAreduced-3,007,521-$203M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q3 2025

Share positions as resolved from 13F-HR 0001172661-25-004789, largest first. % of portfolio is the value over $15,170,078,082, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
SOLVSOLVENTUM CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 781,882 shares; 2024Q4: 1,603,154 shares; 2025Q1: 5,820,724 shares; 2025Q2: 10,141,066 shares; 2025Q3: 12,899,240 shares 12,899,240$942M6.21%+2,758,174Timeline
BMYBRISTOL-MYERS SQUIBB COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 14,184,350 shares; 2024Q4: 17,129,229 shares; 2025Q1: 17,393,791 shares; 2025Q2: 20,976,954 shares; 2025Q3: 20,623,351 shares 20,623,351$930M6.13%-353,603Timeline
LYVLIVE NATION ENTERTAINMENT INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,525,776 shares; 2024Q4: 4,693,986 shares; 2025Q1: 5,698,560 shares; 2025Q2: 5,640,306 shares; 2025Q3: 5,540,614 shares 5,540,614$905M5.97%-99,692Timeline
NWSANEWS CORP NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 23,805,179 shares; 2024Q4: 26,617,259 shares; 2025Q1: 27,189,590 shares; 2025Q2: 29,170,531 shares; 2025Q3: 28,796,357 shares 28,796,357$884M5.83%-374,174Timeline
JNJJOHNSON & JOHNSONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,216,255 shares; 2024Q4: 5,194,471 shares; 2025Q1: 5,302,536 shares; 2025Q2: 5,244,138 shares; 2025Q3: 4,588,890 shares 4,588,890$851M5.61%-655,248Timeline
ITGARTNER INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 3,196,127 shares 3,196,127$840M5.54%newTimeline
ZZILLOW GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 11,734,424 shares; 2024Q4: 10,882,613 shares; 2025Q1: 11,153,697 shares; 2025Q2: 11,039,921 shares; 2025Q3: 10,858,836 shares 10,858,836$837M5.52%-181,085Timeline
ICEINTERCONTINENTAL EXCHANGE INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,097,932 shares; 2024Q4: 6,160,836 shares; 2025Q1: 6,192,424 shares; 2025Q2: 6,105,335 shares; 2025Q3: 4,781,925 shares 4,781,925$806M5.31%-1,323,410Timeline
AONAON PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,971,897 shares; 2024Q4: 2,016,972 shares; 2025Q1: 1,583,221 shares; 2025Q2: 1,480,916 shares; 2025Q3: 2,096,486 shares 2,096,486$748M4.93%+615,570Timeline
CTVACORTEVA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 10,891,670 shares; 2024Q4: 16,496,508 shares; 2025Q1: 16,785,300 shares; 2025Q2: 13,395,475 shares; 2025Q3: 10,387,954 shares 10,387,954$703M4.63%-3,007,521Timeline
ELLAUDER ESTEE COS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,399,779 shares; 2024Q4: 7,858,158 shares; 2025Q1: 7,976,434 shares; 2025Q2: 7,892,037 shares; 2025Q3: 7,753,392 shares 7,753,392$683M4.5%-138,645Timeline
EBAYEBAY INC.Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 8,900,799 shares; 2024Q4: 11,178,638 shares; 2025Q1: 11,689,267 shares; 2025Q2: 8,113,689 shares; 2025Q3: 7,363,607 shares 7,363,607$670M4.41%-750,082Timeline
FOXAFOX CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 16,266,915 shares; 2024Q4: 16,177,409 shares; 2025Q1: 12,888,660 shares; 2025Q2: 10,736,192 shares; 2025Q3: 10,576,112 shares 10,576,112$667M4.4%-160,080Timeline
PMPHILIP MORRIS INTL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 6,103,397 shares; 2024Q4: 6,643,831 shares; 2025Q1: 4,353,531 shares; 2025Q2: 3,814,895 shares; 2025Q3: 3,775,512 shares 3,775,512$612M4.04%-39,383Timeline
EAELECTRONIC ARTS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,963,755 shares; 2024Q4: 3,856,935 shares; 2025Q1: 3,945,702 shares; 2025Q2: 3,415,129 shares; 2025Q3: 2,733,751 shares 2,733,751$551M3.63%-681,378Timeline
ABNBAIRBNB INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 4,164,648 shares 4,164,648$506M3.33%newTimeline
KVUEKENVUE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,863,762 shares; 2024Q4: 3,617,749 shares; 2025Q1: 9,379,037 shares; 2025Q2: 31,265,574 shares; 2025Q3: 30,802,691 shares 30,802,691$500M3.3%-462,883Timeline
WMGWARNER MUSIC GROUP CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,055,271 shares; 2024Q4: 5,895,025 shares; 2025Q1: 13,378,864 shares; 2025Q2: 13,280,185 shares; 2025Q3: 13,153,384 shares 13,153,384$448M2.95%-126,801Timeline
TRUTRANSUNIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,710,314 shares; 2024Q4: 2,086,050 shares; 2025Q1: 2,116,568 shares; 2025Q2: 4,646,903 shares; 2025Q3: 4,575,284 shares 4,575,284$383M2.53%-71,619Timeline
RBARB GLOBAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 10,721,687 shares; 2024Q4: 9,663,962 shares; 2025Q1: 5,745,840 shares; 2025Q2: 5,697,981 shares; 2025Q3: 2,931,316 shares 2,931,316$318M2.09%-2,766,665Timeline
NWSNEWS CORP NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 9,021,943 shares; 2024Q4: 9,649,717 shares; 2025Q1: 9,728,572 shares; 2025Q2: 9,423,928 shares; 2025Q3: 9,168,830 shares 9,168,830$317M2.09%-255,098Timeline
FOXFOX CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,946,512 shares; 2024Q4: 5,706,386 shares; 2025Q1: 5,260,915 shares; 2025Q2: 5,208,045 shares; 2025Q3: 5,114,507 shares 5,114,507$293M1.93%-93,538Timeline
WBDWARNER BROS DISCOVERY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 13,068,375 shares; 2025Q2: 13,037,924 shares; 2025Q3: 13,107,132 shares 13,107,132$256M1.69%+69,208Timeline
ZGZILLOW GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,041,799 shares; 2024Q4: 2,024,353 shares; 2025Q1: 2,060,399 shares; 2025Q2: 2,038,517 shares; 2025Q3: 2,002,694 shares 2,002,694$149M0.98%-35,823Timeline
TKOTKO GROUP HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,173,720 shares; 2024Q4: 3,409,140 shares; 2025Q1: 3,178,282 shares; 2025Q2: 3,146,091 shares; 2025Q3: 563,116 shares 563,116$114M0.75%-2,582,975Timeline
OTISOTIS WORLDWIDE CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 1,098,496 shares 1,098,496$100M0.66%newTimeline
RYANRYAN SPECIALTY HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 1,699,753 shares 1,699,753$95.8M0.63%newTimeline
ORCLORACLE CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,897,499 shares; 2024Q4: 4,138,455 shares; 2025Q1: 4,198,933 shares; 2025Q2: 3,568,470 shares; 2025Q3: 151,033 shares 151,033$42.5M0.28%-3,417,437Timeline
RTORENTOKIL INITIAL PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 345,595 shares; 2024Q4: 299,149 shares; 2025Q1: 168,001 shares; 2025Q2: 102,155 shares; 2025Q3: 778,628 shares 778,628$19.7M0.13%+676,473Timeline

How Q3 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001172661-25-004789 base2025-11-14acceptance time not in the bulk data set