Triple Frond Partners LLC Long-Term Concentrated

CIK: 0001454502 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 13, 2026

Total Value ($000): $962 (100.0% shares, 0.0% debt)

Holdings (12)

New Positions (1)

LYV LIVE NATION ENTERTAINMENT IN 3.8%

Value ($000) $36 Shares 255,858 Est. Cost $143.72 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LYV	LIVE NATION ENTERTAINMENT IN	255,858	$36	3.8%	$143.72	0.0%	COM	538034109

Increased Positions (3)

TDG TRANSDIGM GROUP INC 14.4%

Value ($000) $138 (+84.0%) Shares 103,894 (+82.4%) Est. Cost $922.36 Unrealized +42.1%

TRU TRANSUNION COM 4.9%

Value ($000) $47 (+31.0%) Shares 551,153 (+28.0%) Est. Cost $88.73 Unrealized -7.5%

CCC CCC INTELLIGENT SOLUTION HOLDINGS INC 4.0%

Value ($000) $38 (+14.4%) Shares 4,805,036 (+31.1%) Est. Cost $9.55 Unrealized -14.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TDG	TRANSDIGM GROUP INC	103,894 (+82.4%)	$138 (+84.0%)	14.4%	$922.36	+42.1%	COM	893641100
TRU	TRANSUNION COM	551,153 (+28.0%)	$47 (+31.0%)	4.9%	$88.73	-7.5%	COM	89400J107
CCC	CCC INTELLIGENT SOLUTION HOLDINGS INC	4,805,036 (+31.1%)	$38 (+14.4%)	4.0%	$9.55	-14.8%	COM	12510Q100

Decreased Positions (8)

MSFT MICROSOFT CORP 17.7%

Value ($000) $170 (-14.5%) Shares 352,504 (-8.5%) Est. Cost $299.22 Unrealized +67.3%

GOOG ALPHABET INC 11.5%

Value ($000) $111 (-17.3%) Shares 353,459 (-35.8%) Est. Cost $119.24 Unrealized +140.1%

CHTR CHARTER COMMUNICATIONS INC N 3.3%

Value ($000) $32 (-27.3%) Shares 153,725 (-4.2%) Est. Cost $299.17 Unrealized -24.8%

ILMN ILLUMINA INC COM 5.1%

Value ($000) $49 (+32.3%) Shares 374,160 (-4.2%) Est. Cost $99.18 Unrealized +18.4%

META META PLATFORMS INC 6.7%

Value ($000) $64 (-13.9%) Shares 97,376 (-4.2%) Est. Cost $635.16 Unrealized +5.1%

AMZN AMAZON.COM INC 11.5%

Value ($000) $110 (-6.9%) Shares 478,534 (-11.5%) Est. Cost $132.98 Unrealized +72.0%

LRCX LAM RESEARCH CORP 5.3%

Value ($000) $51 (-11.7%) Shares 295,377 (-31.0%) Est. Cost $75.84 Unrealized +104.9%

ASML ASML HOLDING N V 11.9%

Value ($000) $114 (+5.9%) Shares 106,778 (-4.2%) Est. Cost $0.75 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	352,504 (-8.5%)	$170 (-14.5%)	17.7%	$299.22	+67.3%	COM	594918104
GOOG	ALPHABET INC	353,459 (-35.8%)	$111 (-17.3%)	11.5%	$119.24	+140.1%	CAP STK CL C	02079K107
CHTR	CHARTER COMMUNICATIONS INC N	153,725 (-4.2%)	$32 (-27.3%)	3.3%	$299.17	-24.8%	CL A	16119P108
ILMN	ILLUMINA INC COM	374,160 (-4.2%)	$49 (+32.3%)	5.1%	$99.18	+18.4%	COM	452327109
META	META PLATFORMS INC	97,376 (-4.2%)	$64 (-13.9%)	6.7%	$635.16	+5.1%	CL A	30303M102
AMZN	AMAZON.COM INC	478,534 (-11.5%)	$110 (-6.9%)	11.5%	$132.98	+72.0%	COM	023135106
LRCX	LAM RESEARCH CORP	295,377 (-31.0%)	$51 (-11.7%)	5.3%	$75.84	+104.9%	COM NEW	512807306
ASML	ASML HOLDING N V	106,778 (-4.2%)	$114 (+5.9%)	11.9%	$0.75	—	NY REG SHS	N07059210