Independent Franchise Partners US Equity Fund

Fund Profile

Fund profile

Tickers

IFPUX

Fund manager

Advisers Investment Trust

Total assets

$1.13 bn

Liabilities

$1.32 mm

Net assets

$1.13 bn

Number of holdings

30.00

30 Holdings

As of Dec 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
PM Philip Morris International Inc.	57.63 mm	478.87 k shares	5.12	Common equity	Long	USA
WMG Warner Music Group Corp.	56.97 mm	1.84 mm shares	5.06	Common equity	Long	USA
ZG Zillow Group Inc.	53.82 mm	726.82 k shares	4.78	Common equity	Long	USA
Intercontinental Exchange, Inc.	53.71 mm	360.42 k shares	4.77	Common equity	Long	USA
FOX Fox Corporation	52.98 mm	1.09 mm shares	4.70	Common equity	Long	USA
BMY Bristol-Myers Squibb Company	52.58 mm	929.61 k shares	4.67	Common equity	Long	USA
RBA RB Global, Inc.	51.50 mm	570.88 k shares	4.57	Common equity	Long	Canada
CTVA Corteva, Inc.	51.29 mm	900.44 k shares	4.55	Common equity	Long	USA
JNJ Johnson & Johnson	45.96 mm	317.83 k shares	4.08	Common equity	Long	USA
Aspen Technology Inc	40.40 mm	161.82 k shares	3.59	Common equity	Long	USA
EBAY eBay Inc.	40.04 mm	646.34 k shares	3.55	Common equity	Long	USA
TFCF Twenty-First Century Fox Inc	39.43 mm	1.43 mm shares	3.50	Common equity	Long	USA
TKO TKO Group Holdings, Inc.	39.29 mm	276.51 k shares	3.49	Common equity	Long	USA
AON Aon plc	38.76 mm	107.92 k shares	3.44	Common equity	Long	Ireland
Reckitt Benckiser Group PLC ORD GBP0.10	38.45 mm	635.50 k shares	3.41	Common equity	Long	UK
Nintendo Co Ltd. NPV	38.37 mm	651.67 k shares	3.41	Common equity	Long	Japan
LYV Live Nation Entertainment, Inc.	36.45 mm	281.43 k shares	3.24	Common equity	Long	USA
Novartis AG CHF0.49	36.23 mm	370.73 k shares	3.22	Common equity	Long	Switzerland
ORCL Oracle Corporation	35.19 mm	211.19 k shares	3.12	Common equity	Long	USA
EA Electronic Arts Inc.	33.62 mm	229.81 k shares	2.98	Common equity	Long	USA
EL The Estée Lauder Companies Inc.	32.76 mm	436.92 k shares	2.91	Common equity	Long	USA
SOLV Solventum Corporation	32.15 mm	486.63 k shares	2.85	Common equity	Long	USA
BTI British American Tobacco p.l.c.	29.00 mm	804.21 k shares	2.57	Common equity	Long	UK
KVUE Kenvue Inc.	24.03 mm	1.13 mm shares	2.13	Common equity	Long	USA
UL Unilever PLC	19.81 mm	348.47 k shares	1.76	Common equity	Long	UK
Compagnie Financiere Richemont Sa CHF1	19.67 mm	129.46 k shares	1.75	Common equity	Long	Switzerland
TFCF Twenty-First Century Fox Inc	18.08 mm	594.04 k shares	1.60	Common equity	Long	USA
FOX Fox Corporation	13.13 mm	287.09 k shares	1.17	Common equity	Long	USA
TRU TransUnion	10.23 mm	110.32 k shares	0.91	Common equity	Long	USA
ZG Zillow Group Inc.	7.96 mm	112.29 k shares	0.71	Common equity	Long	USA