Independent Franchise Partners LL.P. 13F annual report
Independent Franchise Partners LL.P. is an investment fund managing more than $10.9 trillion ran by Sandeep Ghela. There are currently 21 companies in Mr. Ghela’s portfolio. The largest investments include RB Global Inc and Intercontinental Exchange In, together worth $1.67 trillion.
$10.9 trillion Assets Under Management (AUM)
As of 6th August 2024, Independent Franchise Partners LL.P.’s top holding is 11,770,067 shares of RB Global Inc currently worth over $899 billion and making up 8.3% of the portfolio value.
Relative to the number of outstanding shares of RB Global Inc, Independent Franchise Partners LL.P. owns less than approximately 0.1% of the company.
In addition, the fund holds 5,637,011 shares of Intercontinental Exchange In worth $772 billion.
The third-largest holding is Oracle worth $759 billion and the next is Aon plc worth $707 billion, with 2,409,530 shares owned.
Currently, Independent Franchise Partners LL.P.'s portfolio is worth at least $10.9 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Independent Franchise Partners LL.P.
The Independent Franchise Partners LL.P. office and employees reside in London, United Kingdom. According to the last 13-F report filed with the SEC, Sandeep Ghela serves as the Chief Operating Officer at Independent Franchise Partners LL.P..
Recent trades
In the most recent 13F filing, Independent Franchise Partners LL.P. revealed that it had opened a new position in
Warner Music and bought 5,225,334 shares worth $160 billion.
This means they effectively own approximately 0.1% of the company.
Warner Music makes up
6.4%
of the fund's Communication Services sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Aon plc by buying
476,169 additional shares.
This makes their stake in Aon plc total 2,409,530 shares worth $707 billion.
Aon plc dropped approximately 0.1% in the past year.
On the other hand, there are companies that Independent Franchise Partners LL.P. is getting rid of from its portfolio.
Independent Franchise Partners LL.P. closed its position in Salesforce Inc on 13th August 2024.
It sold the previously owned 2,116,336 shares for $557 billion.
Sandeep Ghela also disclosed a decreased stake in RB Global Inc by 0.2%.
This leaves the value of the investment at $899 billion and 11,770,067 shares.
One of the largest hedge funds
The two most similar investment funds to Independent Franchise Partners LL.P. are Woodline Partners L.P. and Zurich Insurance Ltd/fi. They manage $10.8 trillion and $10.9 trillion respectively.
Sandeep Ghela investment strategy
Independent Franchise Partners LL.P.’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Communication Services — making up 22.9% of
the total portfolio value.
The fund focuses on investments in the United States as
76.2% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
71% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $76.1 billion.
The complete list of Independent Franchise Partners LL.P. trades based on 13F SEC filings
These positions were updated on August 13th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| RB Global Inc |
22.60%
11,770,067
|
$898,762,316,000 | 8.28% |
| Intercontinental Exchange In |
7.06%
5,637,011
|
$771,650,435,000 | 7.11% |
| Oracle Corp. |
4.43%
5,374,723
|
$758,910,887,000 | 6.99% |
| Aon plc. |
24.63%
2,409,530
|
$707,389,817,000 | 6.51% |
| Philip Morris International Inc |
14.63%
6,702,152
|
$679,129,062,000 | 6.25% |
| News Corp |
19.50%
33,605,764
|
$934,136,227,000 | 8.60% |
| Fox Corporation |
11.37%
23,519,784
|
$796,568,974,000 | 7.33% |
| Bristol-Myers Squibb Co. |
3.81%
14,600,621
|
$606,363,790,000 | 5.58% |
| Corteva Inc |
9.53%
11,118,124
|
$599,711,608,000 | 5.52% |
| Electronic Arts, Inc. |
5.65%
4,052,313
|
$564,608,770,000 | 5.20% |
| Johnson & Johnson |
67.71%
3,862,080
|
$564,481,612,000 | 5.20% |
| Zillow Group Inc |
7.23%
14,113,792
|
$651,915,228,000 | 6.00% |
| Salesforce Inc |
Closed
2,116,336
|
$556,892,655,000 | |
| EBay Inc. |
6.99%
9,282,584
|
$498,660,412,000 | 4.59% |
| Booking Holdings Inc |
45.34%
105,761
|
$418,972,201,000 | 3.86% |
| Tko Group Holdings Inc |
97.84%
3,522,742
|
$380,420,908,000 | 3.50% |
| Lauder Estee Cos Inc |
41.00%
3,466,048
|
$368,787,507,000 | 3.40% |
| S&P Global Inc |
Closed
798,525
|
$351,766,233,000 | |
| TransUnion |
56.86%
3,410,096
|
$252,892,719,000 | 2.33% |
| Warner Music Group Corp. |
Opened
5,225,334
|
$160,156,487,000 | 1.47% |
| Revvity Inc. |
44.58%
1,067,353
|
$111,922,635,000 | 1.03% |
| Aspen Technology Inc |
20.83%
499,163
|
$99,148,746,000 | 0.91% |
| New York Times Co. |
61.31%
697,339
|
$35,710,730,000 | 0.33% |
| No transactions found | |||
| Showing first 500 out of 23 holdings | |||
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