Triple Frond Partners LLC Long-Term Concentrated

CIK: 0001454502 · Show all filings

Period: Q2 2014 (← Previous) (Next →)

Filing Date: Jul 30, 2014

Total Value ($000): $202,084 (100.0% shares, 0.0% debt)

Holdings (5)

SCHW SCHWAB CHARLES CORP 30.0%

Value ($000) $60,592 Shares 2,250,000 Est. Cost $15.92 Unrealized +43.6%

PGR PROGRESSIVE CORP OHIO 20.2%

Value ($000) $40,830 Shares 1,610,000 Est. Cost $17.10 Unrealized +3.9%

CCL CARNIVAL CORPORATION 18.6%

Value ($000) $37,650 Shares 1,000,000 Est. Cost $27.66 Unrealized +17.6%

— HCC INS HLDGS INC 16.2%

Value ($000) $32,790 Shares 670,000 Est. Cost $43.11 Unrealized —

MCD MCDONALDS CORP 15.0%

Value ($000) $30,222 Shares 300,000 Est. Cost $74.80 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SCHW	SCHWAB CHARLES CORP	2,250,000	$60,592	30.0%	$15.92	+43.6%	COM	808513105
PGR	PROGRESSIVE CORP OHIO	1,610,000	$40,830	20.2%	$17.10	+3.9%	COM	743315103
CCL	CARNIVAL CORPORATION	1,000,000	$37,650	18.6%	$27.66	+17.6%	PAIRED CTF	143658300
—	HCC INS HLDGS INC	670,000	$32,790	16.2%	$43.11	—	COM	404132102
MCD	MCDONALDS CORP	300,000	$30,222	15.0%	$74.80	0.0%	COM	580135101