Triple Frond Partners LLC

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 13, 2026), Triple Frond Partners LLC reported 13 stock positions worth $1.1 billion. Its top holding was ASML Holding NV-NY Reg SHS (ASML) at 21.1% of the portfolio, followed by Transdigm (TDG, 12.7%) and Microsoft (MSFT, 11.7%). Compared with Q1 2026, it opened 2 new positions, sold out of 1 and reduced 3. The biggest buy was a new position in DoorDash Class A (DASH) and the biggest sale an exit from Illumina (ILMN).

Most Recent 13F
Q2 2026
Location
SAN FRANCISCO, CA
CIK
0001454502
Portfolio Value
$1.1B (Q2 2026)
SEC Filing
0001454502-26-000007 ↗ filed Aug 13, 2026

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $878.6M Q1 2024 Q2 2024: $852.3M Q2 2024 Q3 2024: $772.9M Q3 2024 Q4 2024: $772.5M Q4 2024 Q1 2025: $739.9M Q1 2025 Q2 2025: $884.6M Q2 2025 Q3 2025: $918.0M Q3 2025 Q4 2025: $962.2M Q4 2025 Q1 2026: $962.9M Q1 2026 Q2 2026: $1.1B $1.1B Q2 2026

Holdings 13 stocks · $1.1B
ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV 21.11% 118,917 $236.6M No change
TDG Transdigm Group Inc. 12.67% 106,544 $141.9M No change
MSFT Microsoft Corp. 11.74% 352,504 $131.5M No change
AMZN Amazon.com Inc. 9.20% 432,420 $103.1M Reduce -9.6%
GOOG Alphabet Inc. Class C 9.19% 291,544 $103.0M Reduce -17.5%
MA Mastercard Inc. Class A 8.04% 175,472 $90.1M No change
META Meta Platforms Inc. Class A 5.91% 117,628 $66.3M No change
TRU Transunion 5.27% 817,828 $59.0M No change
DASH DoorDash Inc. Class A 4.94% 300,246 $55.4M New
SPGI S&P Global Inc. 4.24% 116,700 $47.5M New
LYV Live Nation Entertainment Inc. 3.24% 198,262 $36.3M Reduce -15.6%
CCC CCC Intelligent Solutions Ho 2.49% 5,413,036 $27.9M No change
CHTR Charter Communications Inc. Class A 1.95% 153,725 $21.9M No change

Portfolio Sells Q1 2026 → Q2 2026
ILMN Illumina Inc. Sold out 0.00% −3.92
GOOG Alphabet Inc. Class C Reduce -17.5% 9.19% −1.34
AMZN Amazon.com Inc. Reduce -9.6% 9.20% −1.15
LYV Live Nation Entertainment Inc. Reduce -15.6% 3.24% −0.48

Portfolio Buys Q1 2026 → Q2 2026
DASH DoorDash Inc. Class A New 4.94% +4.94
SPGI S&P Global Inc. New 4.24% +4.24

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 13$1.1BASML, TDG, MSFT, AMZN, GOOG
Q1 2026 12$962.9MASML, MSFT, TDG, GOOG, AMZN
Q4 2025 12$962.2MMSFT, TDG, ASML, GOOG, AMZN
Q3 2025 11$918.0MMSFT, GOOG, AMZN, ASML, TDG
Q2 2025Amended 10$884.6MMSFT, GOOG, TDG, AMZN, META
Q1 2025 10$739.9MMSFT, TDG, GOOG, AMZN, CHTR
Q4 2024 9$772.5MGOOG, MSFT, AMZN, V, TDG
Q3 2024 9$772.9MGOOG, TDG, AMZN, V, MSFT
Q2 2024 11$852.3MCHTR, GOOG, AMZN, MSFT, TDG
Q1 2024 11$878.6MCHTR, TDG, GOOG, AMZN, MSFT