Triple Frond Partners
Triple Frond partnersSAN FRANCISCO, CAfiles as Triple Frond Partners LLC
$1.1bn in 13 US stocks at the end of 30 June 2026. The top 10 are 92.3% of the money. It changed about 14.0% of the portfolio this quarter.
Value
$1.1bn
Stocks
13
Top 10 share
92.3%
Turnover
14.0%
What changed this quarter
New
Bought for the first time this quarter.
- DoorDashDASH4.9% of the fund
- S&P GlobalSPGI4.2% of the fund
Added
Bought more of a stock they already held.
None this quarter.
Cut
Sold some of their stake.
- Amazon.comAMZN9.2% of the fund-10%
- AlphabetGOOG9.2% of the fund-18%
- Live Nation EntertainmentLYV3.2% of the fund-16%
Sold out
Sold their entire stake.
- IlluminaILMN-100%
Holdings
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| ASML Holding NVASML | 21.1% | $237m | 118,917 | Held |
| TransDigm GroupTDG | 12.7% | $142m | 106,544 | Held |
| MicrosoftMSFT | 11.7% | $131m | 352,504 | Held |
| Amazon.comAMZN | 9.2% | $103m | 432,420 | -10% |
| AlphabetGOOG | 9.2% | $103m | 291,544 | -18% |
| MastercardMA | 8.0% | $90m | 175,472 | Held |
| Meta PlatformsMETA | 5.9% | $66m | 117,628 | Held |
| TransUnionTRU | 5.3% | $59m | 817,828 | Held |
| DoorDashDASH | 4.9% | $55m | 300,246 | New |
| S&P GlobalSPGI | 4.2% | $48m | 116,700 | New |
| Live Nation EntertainmentLYV | 3.2% | $36m | 198,262 | -16% |
| CCC Intelligent Solutions HoldingsCCC | 2.5% | $28m | 5,413,036 | Held |
| Charter CommunicationsCHTR | 2.0% | $22m | 153,725 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 26.7% since 30 June 2025.
Where the money is
Industrials39.0%
Media & telecom20.3%
Technology14.2%
Retail & consumer14.1%
Financial services12.3%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.