IFPUX
Independent Franchise Partners US Equity Fund
Advisers Investment Trust

Portfolio moves

Net position changes between two of this fund's N-PORT snapshots. These are differences between point-in-time reports — not a trade log — and share counts can be affected by splits and other corporate actions.

Dec 31, 2025 → Mar 31, 2026

Expand a category to see the positions behind it, ranked by weight.

Security Shares Dec 2025 Shares Mar 2026 Δ shares End % Δ value
RECKITT BENCKISER GROUP PLC /GBP/ 0.00000000 0 378,656 378,656 1.74% $25.70M
Security Shares Dec 2025 Shares Mar 2026 Δ shares End % Δ value
Reckitt Benckiser Group PLC ORD GBP0.10 385,079 0 -385,079 0.00% -$31.15M
RB GLOBAL INC 199,544 0 -199,544 0.00% -$20.53M
The Magnum Ice Cream Co. NV 78,417 0 -78,417 0.00% -$1.25M
Security Shares Dec 2025 Shares Mar 2026 Δ shares End % Δ value
BRISTOL-MYERS SQUIBB CO 1,548,874 1,586,498 37,624 6.51% $12.67M
AON PLC-CLASS A 165,373 213,696 48,323 4.67% $10.62M
SOLVENTUM CORP 972,720 996,348 23,628 4.40% -$12.02M
LIVE NATION ENTERTAINMENT INC 408,174 418,791 10,617 4.32% $5.71M
KENVUE INC 3,508,308 3,593,527 85,219 4.19% $1.43M
TRANSUNION 579,714 838,269 258,555 3.92% $8.29M
EBAY INC 587,113 601,376 14,263 3.70% $3.60M
NEWS CORP NEW CL A 2,134,094 2,191,107 57,013 3.69% -$1.12M
WARNER MUSIC GRP CORP CL A 2,067,880 2,118,111 50,231 3.66% -$9.33M
British American Tobacco PLC ORD GBP0.25 904,875 926,855 21,980 3.65% $2.59M
INTERCONTINENTAL EXCHANGE INC 325,113 333,010 7,897 3.54% -$279.49K
NOVARTIS AG-REG 334,046 342,161 8,115 3.51% $5.73M
SALESFORCE INC 175,368 268,445 93,077 3.39% $3.65M
UNIVERSAL MUSIC GRP. NV 400,147 2,468,671 2,068,524 3.24% $37.41M
GARTNER INC 206,717 293,766 87,049 3.15% -$5.64M
ZILLOW GROUP INC CL C 870,987 1,018,038 147,051 2.85% -$17.29M
AIRBNB INC CLASS A 320,617 328,406 7,789 2.80% -$2.04M
Nintendo Company Ltd. 297,570 608,470 310,900 2.35% $14.59M
RYAN SPECIALTY HOLDINGS INC 689,779 1,000,169 310,390 2.28% -$1.87M
TKO GROUP HOLDINGS INC 158,424 162,273 3,849 2.21% -$388.27K
OTIS WORLDWIDE CORP 347,146 355,579 8,433 1.85% -$2.92M
Unilever PLC ORD GBP0.035 348,520 356,986 8,466 1.36% -$2.70M
NEWS CORP NEW CL B 655,534 668,280 12,746 1.29% -$370.81K
FOX CORPORATION B 320,381 328,164 7,783 1.18% -$3.38M
ZILLOW GROUP INC CL A 134,562 174,072 39,510 0.49% -$1.98M
Security Shares Dec 2025 Shares Mar 2026 Δ shares End % Δ value
WARNER BROS DISCOVERY INC 4,142,298 3,083,886 -1,058,412 5.73% -$34.70M
JOHNSON&JOHNSON 351,708 246,223 -105,485 4.07% -$12.60M
PHILIP MORRIS INTL INC 327,266 281,826 -45,440 3.15% -$5.90M
FOX CORP CL A 752,972 642,244 -110,728 2.54% -$17.51M
CORTEVA INC 742,375 421,537 -320,838 2.39% -$14.47M
ESTEE LAUDER COS INC CL A 523,584 449,343 -74,241 2.18% -$22.58M

No positions in this category.

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