Triple Frond Partners LLC

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 11, 2025), Triple Frond Partners LLC reported 9 stock positions worth $772.5 million. Its top holding was Alphabet Class C (GOOG) at 19.9% of the portfolio, followed by Microsoft (MSFT, 15.2%) and Amazon.com (AMZN, 15.1%). Compared with Q3 2024, it opened 1 new position, sold out of 1, added to 2 and reduced 6. The biggest buy was a new position in Lam Research (LRCX) and the biggest sale Charter Communications Class A (CHTR, shares −41%).

Most Recent 13F
Q2 2026
Location
SAN FRANCISCO, CA
CIK
0001454502
Portfolio Value
$772.5M (Q4 2024)
SEC Filing
0001387292-25-000004 ↗ filed Feb 11, 2025

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 $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 Q2 2026

Holdings 9 stocks · $772.5M
GOOG Alphabet Inc. Class C 19.90% 807,314 $153.7M Reduce -3.5%
MSFT Microsoft Corp. 15.19% 278,458 $117.4M Add +10.4%
AMZN Amazon.com Inc. 15.05% 529,991 $116.3M Reduce -11.2%
V Visa Inc. Class A 14.66% 358,393 $113.3M Reduce -11.1%
TDG Transdigm Group Inc. 13.08% 79,754 $101.1M Reduce -3.5%
CHTR Charter Communications Inc. Class A 7.12% 160,480 $55.0M Reduce -40.7%
MCO Moody's Corp. 6.41% 104,587 $49.5M Reduce -3.5%
LRCX Lam Research Corp. 4.79% 511,765 $37.0M New
CP Canadian Pacific Kansas City 3.79% 404,369 $29.3M Add +28.5%

Portfolio Sells Q3 2024 → Q4 2024
CHTR Charter Communications Inc. Class A Reduce -40.7% 7.12% −4.23
UNP Union Pacific Corp. Sold out 0.00% −2.38
TDG Transdigm Group Inc. Reduce -3.5% 13.08% −2.18
MCO Moody's Corp. Reduce -3.5% 6.41% −0.25
V Visa Inc. Class A Reduce -11.1% 14.66% +0.33
AMZN Amazon.com Inc. Reduce -11.2% 15.05% +0.66
GOOG Alphabet Inc. Class C Reduce -3.5% 19.90% +1.80

Portfolio Buys Q3 2024 → Q4 2024
LRCX Lam Research Corp. New 4.79% +4.79
MSFT Microsoft Corp. Add +10.4% 15.19% +1.16
CP Canadian Pacific Kansas City Add +28.5% 3.79% +0.30

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