Managers / Q4 2023 · view latest →
Triple Frond Partners LLC
CIK 0001454502 · 1300 EVANS AVENUE, NO. 880154, SAN FRANCISCO, CA, 94188 · 415-392-3600
Summary
Triple Frond Partners LLC reported $841M in U.S.-listed holdings across 10 positions for Q4 2023.
Its largest position, CHTR, represents 18.4% of the portfolio.
Compared with Q3 2023, the fund opened 1 new position and exited 1.
Portfolio Metrics
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- Common Stock · 100.0% · $841M
Quarter-over-Quarter Changes full breakdown →
vs Q3 2023 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| CPCANADIAN PACIFIC KANSAS CITY | NEW | +440.8K | 440.8K | +$35M | $35M |
| KKRKKR & CO INC | SOLD OUT | −493.7K | 0 | −$30M | $0 |
| VRSNVERISIGN INC | ADDED | +78.7K | 233.4K | +$17M | $48M |
| MCOMOODYS CORP | ADDED | +51.1K | 174.8K | +$29M | $68M |
| AMZNAMAZON.COM INC | TRIMMED | −178.0K | 541.9K | −$9M | $82M |
| GOOGALPHABET INC | TRIMMED | −106.2K | 716.7K | −$7M | $101M |
| MSFTMICROSOFT CORP | TRIMMED | −24.6K | 228.7K | +$6M | $86M |
| VVISA INC | TRIMMED | −32.8K | 366.6K | +$4M | $95M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2023
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | CHTRCHARTER COMMUNICATIONS INC Nhistory → | CL A | 18.40% | $155M | 398.0K |
| 2 | TDGTRANSDIGM GROUP INChistory → | COM | 14.44% | $121M | 120.0K |
| 3 | GOOGALPHABET INChistory → | CAP STK CL C | 12.02% | $101M | 716.7K |
| 4 | VVISA INChistory → | COM CL A | 11.35% | $95M | 366.6K |
| 5 | MSFTMICROSOFT CORPhistory → | COM | 10.23% | $86M | 228.7K |
| 6 | AMZNAMAZON.COM INChistory → | COM | 9.79% | $82M | 541.9K |
| 7 | MCOMOODYS CORPhistory → | COM | 8.12% | $68M | 174.8K |
| 8 | LAM RESEARCH CORP | COM | 5.78% | $49M | 62.1K |
| 9 | VRSNVERISIGN INChistory → | COM | 5.72% | $48M | 233.4K |
| 10 | CPCANADIAN PACIFIC KANSAS CITYhistory → | COM | 4.15% | $35M | 440.8K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $963M | 12 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $962M | 12 | Feb 13, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $918M | 11 | Nov 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $885M | 10 | Aug 15, 2025 | RESTATEMENT | changes · EDGAR ↗ |
| Q1 2025 | $740M | 10 | May 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $772M | 9 | Feb 11, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $773M | 9 | Nov 13, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $852M | 11 | Aug 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $879M | 11 | May 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $841M | 10 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $788M | 10 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $776M | 10 | Aug 8, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $685M | 10 | May 12, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $605M | 9 | Feb 8, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $568M | 10 | Nov 10, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $654M | 9 | Aug 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $808M | 10 | May 12, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $887M | 10 | Feb 10, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $917M | 10 | Nov 10, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $922M | 11 | Aug 11, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $806M | 11 | May 13, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $820M | 9 | Feb 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $1.2B | 10 | Nov 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $1.0B | 9 | Aug 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $897M | 10 | May 6, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $1.2B | 9 | Feb 11, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $1.0B | 9 | Nov 12, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $989M | 9 | Aug 13, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $866M | 9 | May 10, 2019 | 13F-HR | changes · EDGAR ↗ |
Other Included Managers
This filing reports holdings on behalf of 1 additional manager.
- Hawk Hill Capital Partners LP028-13332
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.