Triple Frond Partners LLC Long-Term Concentrated

Location: San Francisco, CA

CIK: 0001454502 · Show all filings

Period: Q2 2026 (← Previous)

Filing Date: Aug 13, 2026

Total Value: $1.12B

Holdings (13)

New Positions (2)

DASH DOORDASH INC 4.9%

Value $55.4M Shares 300,246 Est. Cost — Unrealized —

SPGI S&P GLOBAL INC 4.2%

Value $47.53M Shares 116,700 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
DASH	DOORDASH INC	300,246	$55.4M	4.9%	—	—	—	25809K105
SPGI	S&P GLOBAL INC	116,700	$47.53M	4.2%	—	—	—	78409V104

Exited Positions (1)

ILMN ILLUMINA INC COM 3.4%

Value $37.77M Shares 306,460 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ILMN	ILLUMINA INC COM	306,460	$37.77M	3.4%	—	—	—	452327109

Decreased Positions (3)

AMZN AMAZON.COM INC 9.2%

Value $103M (+3.4%) Shares 432,420 (-9.6%) Est. Cost — Unrealized —

GOOG ALPHABET INC 9.2%

Value $103M (+1.6%) Shares 291,544 (-17.5%) Est. Cost — Unrealized —

LYV LIVE NATION ENTERTAINMENT IN 3.2%

Value $36.3M (+1.4%) Shares 198,262 (-15.5%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AMZN	AMAZON.COM INC	432,420 (-9.6%)	$103M (+3.4%)	9.2%	—	—	—	023135106
GOOG	ALPHABET INC	291,544 (-17.5%)	$103M (+1.6%)	9.2%	—	—	—	02079K107
LYV	LIVE NATION ENTERTAINMENT IN	198,262 (-15.5%)	$36.3M (+1.4%)	3.2%	—	—	—	538034109

Unchanged Positions (8)

ASML ASML HOLDING N V 21.1%

Value $237M Shares 118,917 Est. Cost — Unrealized —

TDG TRANSDIGM GROUP INC 12.7%

Value $142M Shares 106,544 Est. Cost — Unrealized —

CHTR CHARTER COMMUNICATIONS INC N 2.0%

Value $21.86M Shares 153,725 Est. Cost — Unrealized —

CCC CCC INTELLIGENT SOLUTION HOLDINGS INC 2.5%

Value $27.93M Shares 5,413,036 Est. Cost — Unrealized —

MA MASTERCARD INC 8.0%

Value $90.12M Shares 175,472 Est. Cost — Unrealized —

TRU TRANSUNION COM 5.3%

Value $59M Shares 817,828 Est. Cost — Unrealized —

META META PLATFORMS INC 5.9%

Value $66.26M Shares 117,628 Est. Cost — Unrealized —

MSFT MICROSOFT CORP 11.7%

Value $131M Shares 352,504 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ASML	ASML HOLDING N V	118,917	$237M	21.1%	—	—	—	N07059210
TDG	TRANSDIGM GROUP INC	106,544	$142M	12.7%	—	—	—	893641100
CHTR	CHARTER COMMUNICATIONS INC N	153,725	$21.86M	2.0%	—	—	—	16119P108
CCC	CCC INTELLIGENT SOLUTION HOLDINGS INC	5,413,036	$27.93M	2.5%	—	—	—	12510Q100
MA	MASTERCARD INC	175,472	$90.12M	8.0%	—	—	—	57636Q104
TRU	TRANSUNION COM	817,828	$59M	5.3%	—	—	—	89400J107
META	META PLATFORMS INC	117,628	$66.26M	5.9%	—	—	—	30303M102
MSFT	MICROSOFT CORP	352,504	$131M	11.7%	—	—	—	594918104