Independent Franchise Partners Discloses 10.14M SOLV Shares (5.86%)

Rhea-AI Filing Summary

Solventum Corporation received a Schedule 13G disclosure from Independent Franchise Partners, LLP, a United Kingdom investment adviser, reporting beneficial ownership of 10,141,066 common shares, representing 5.86% of the outstanding class. The filing covers the issuer's common stock and identifies the reporting person as an IA (investment adviser).

The statement shows sole voting power over 10,011,852 shares and sole dispositive power over 10,141,066 shares, and includes a certification that the shares are held in the ordinary course of business and not for the purpose of changing or influencing control. The disclosure notifies investors of a passive, material stake above the 5% reporting threshold.

Positive

• Material disclosure: Reported beneficial ownership of 10,141,066 shares (5.86%), exceeding the 5% reporting threshold.
• Concentrated control: Reporting person states sole voting power over 10,011,852 shares and sole dispositive power over 10,141,066 shares.

Negative

• None.

Insights

Financial Analyst

TL;DR: A material passive stake (5.86%) reported; ownership provides sole voting and dispositive control without declared intent to change control.

The filing shows Independent Franchise Partners holds 10,141,066 shares, equal to 5.86% of Solventum's common stock, which crosses the material 5% reporting threshold that often draws investor attention. The holder reports sole voting power for 10,011,852 shares and sole dispositive power for 10,141,066 shares, indicating concentrated economic and voting exposure. Because the filing is a Schedule 13G with a certification of passive intent, the immediate governance implications are limited, but the position is large enough to matter for future disclosures or activism if intentions change.

Corporate Governance Expert

TL;DR: Ownership is material but reported as passive; no current indication of activist intent or group affiliation.

Independent Franchise Partners is identified as an investment adviser and reports sole voting/dispositive powers for the majority of its stake. The Schedule 13G pathway and the included certification assert the holdings are in the ordinary course and not intended to influence control, reducing immediate governance concern. Nevertheless, any future conversion to a Schedule 13D or coordination with others would materially alter the governance outlook. For now, this is a notable but neutral governance development.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

SOLVENTUM CORPORATION

(Name of Issuer)

Common Stock, $0.01 par value per share

(Title of Class of Securities)

83444M101

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 83444M101

1

Names of Reporting Persons

Independent Franchise Partners, LLP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED KINGDOM

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 10,011,852.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 10,141,066.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

10,141,066.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.86 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: SOLVENTUM CORPORATION
(b)	Address of issuer's principal executive offices: 3M Center, Building 275-6W 2510 Conway Avenue East, Maplewood, Minnesota 55144
Item 2.
(a)	Name of person filing: Independent Franchise Partners, LLP
(b)	Address or principal business office or, if none, residence: Level 1, 10 Portman Square, London W1H 6AZ, United Kingdom
(c)	Citizenship: United Kingdom
(d)	Title of class of securities: Common Stock, $0.01 par value per share
(e)	CUSIP No.: 83444M101
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 10,141,066
(b)	Percent of class: 5.86%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 10,011,852
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 10,141,066
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Independent Franchise Partners, LLP

Signature:	Sandeep Ghela
Name/Title:	Sandeep Ghela | Chief Operating Officer
Date:	08/13/2025

FAQ

How many SOLV shares does Independent Franchise Partners report owning?

The filing reports beneficial ownership of 10,141,066 shares of Solventum Corporation common stock.

What percentage of SOLV does that stake represent?

The reported position represents 5.86% of the company’s outstanding common stock.

Does the filer have voting control over the SOLV shares?

Yes. The filer reports sole voting power for 10,011,852 shares and sole dispositive power for 10,141,066 shares.

What type of filer is Independent Franchise Partners for SOLV?

The filing identifies Independent Franchise Partners, LLP as an investment adviser (IA) organized in the United Kingdom.

Does the Schedule 13G indicate intent to influence control of SOLV?

The certification states the securities are held in the ordinary course of business and not for the purpose of changing or influencing control.