Skip to content
Disclosery

Independent Franchise Partners LLP

Follow

13F filer, CIK 1483866, London, United Kingdom

Independent Franchise Partners LLP reported $15,724,095,815 across 27 holdings for the quarter ended 2025-12-31, in a 13F-HR filed 2026-02-17. Its ten largest share positions make up 55.63% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001172661-26-000867

Period
2025-12-31
Reported value
$15.7B
Holdings
27
Top 10 weight
55.63%
New
1
Sold out
3

Largest buys vs the previous quarter

SecurityShares changeApprox. value
TRUadded+4,561,619$391M
KVUEadded+17,343,785$299M
SOLVadded+2,456,451$195M
CRMnew+537,999$143M
ABNBadded+981,624$133M

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
EAexited-2,733,751-$551M
JNJreduced-932,561-$193M
RBAreduced-1,779,518-$183M
FOXAreduced-798,593-$58.4M
ORCLexited-151,033-$42.5M

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, Q4 2025

Share positions as resolved from 13F-HR 0001172661-26-000867, largest first. % of portfolio is the value over $15,724,095,815, 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; 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; 2025Q4: 15,355,691 shares 15,355,691$1.22B7.74%+2,456,451Timeline
BMYBRISTOL-MYERS SQUIBB COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 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; 2025Q4: 20,828,148 shares 20,828,148$1.12B7.14%+204,797Timeline
ITGARTNER INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 3,196,127 shares; 2025Q4: 3,308,566 shares 3,308,566$835M5.31%+112,439Timeline
KVUEKENVUE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 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; 2025Q4: 48,146,476 shares 48,146,476$831M5.28%+17,343,785Timeline
ELLAUDER ESTEE COS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 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; 2025Q4: 7,837,249 shares 7,837,249$821M5.22%+83,857Timeline
LYVLIVE NATION ENTERTAINMENT INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 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; 2025Q4: 5,733,718 shares 5,733,718$817M5.2%+193,104Timeline
TRUTRANSUNIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 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; 2025Q4: 9,136,903 shares 9,136,903$783M4.98%+4,561,619Timeline
ICEINTERCONTINENTAL EXCHANGE INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 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; 2025Q4: 4,831,853 shares 4,831,853$783M4.98%+49,928Timeline
NWSANEWS CORP NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 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; 2025Q4: 29,934,048 shares 29,934,048$782M4.97%+1,137,691Timeline
JNJJOHNSON & JOHNSONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 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; 2025Q4: 3,656,329 shares 3,656,329$757M4.81%-932,561Timeline
ZZILLOW GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 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; 2025Q4: 10,953,405 shares 10,953,405$747M4.75%+94,569Timeline
AONAON PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 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; 2025Q4: 2,115,523 shares 2,115,523$747M4.75%+19,037Timeline
FOXAFOX CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 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; 2025Q4: 9,777,519 shares 9,777,519$714M4.54%-798,593Timeline
CTVACORTEVA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 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; 2025Q4: 10,495,388 shares 10,495,388$704M4.47%+107,434Timeline
ABNBAIRBNB INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 4,164,648 shares; 2025Q4: 5,146,272 shares 5,146,272$698M4.44%+981,624Timeline
EBAYEBAY INC.Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 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; 2025Q4: 7,748,177 shares 7,748,177$675M4.29%+384,570Timeline
PMPHILIP MORRIS INTL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 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; 2025Q4: 3,823,728 shares 3,823,728$613M3.9%+48,216Timeline
WMGWARNER MUSIC GROUP CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 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; 2025Q4: 13,096,205 shares 13,096,205$402M2.55%-57,179Timeline
WBDWARNER BROS DISCOVERY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 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; 2025Q4: 12,697,174 shares 12,697,174$366M2.33%-409,958Timeline
FOXFOX CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 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; 2025Q4: 5,174,660 shares 5,174,660$336M2.14%+60,153Timeline
NWSNEWS CORP NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 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; 2025Q4: 9,161,455 shares 9,161,455$271M1.73%-7,375Timeline
CRMSALESFORCE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 537,999 shares 537,999$143M0.91%newTimeline
ZGZILLOW GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 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; 2025Q4: 2,024,556 shares 2,024,556$138M0.88%+21,862Timeline
RBARB GLOBAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 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; 2025Q4: 1,151,798 shares 1,151,798$118M0.75%-1,779,518Timeline
RYANRYAN SPECIALTY HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 1,699,753 shares; 2025Q4: 2,115,313 shares 2,115,313$109M0.69%+415,560Timeline
TKOTKO GROUP HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 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; 2025Q4: 485,832 shares 485,832$102M0.65%-77,284Timeline
OTISOTIS WORLDWIDE CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 1,098,496 shares; 2025Q4: 1,064,149 shares 1,064,149$93M0.59%-34,347Timeline

Sold out in Q4 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
EAELECTRONIC ARTS INC2,733,751$551Mshares
ORCLORACLE CORP151,033$42.5Mshares
RTORENTOKIL INITIAL PLC778,628$19.7Mshares

How Q4 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 0001172661-26-000867 base2026-02-17acceptance time not in the bulk data set