Triple Frond Partners 13F, Q3 2025
Triple Frond Partners · quarter ending 30 September 2025 · filed 14 November 2025 · SEC CIK 1454502
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q3 2025
Weights are against the whole filed book. Changes are in shares held, against the Q2 2025 filing.
| Company | Ticker | Value | % of book | vs Q2 2025 |
|---|---|---|---|---|
| MICROSOFT CORP | MSFT | $199.50M | 21.7% | -4% shares |
| ALPHABET INC | GOOG | $134.16M | 14.6% | -15% shares |
| AMAZON.COM INC | AMZN | $118.67M | 12.9% | +11% shares |
| ASML HOLDING N V | $107.91M | 11.8% | +41% shares | |
| TRANSDIGM GROUP INC | TDG | $75.08M | 8.2% | -23% shares |
| META PLATFORMS INC | META | $74.65M | 8.1% | -8% shares |
| LAM RESEARCH CORP | LRCX | $57.29M | 6.2% | -39% shares |
| CHARTER COMMUNICATIONS INC N | CHTR | $44.15M | 4.8% | unchanged |
| ILLUMINA INC COM | ILMN | $37.09M | 4.0% | new |
| TRANSUNION COM | TRU | $36.06M | 3.9% | new |
| CCC INTELLIGENT SOLUTION HOLDINGS INC | CCC | $33.38M | 3.6% | +16% shares |
What changed since Q2 2025
Against the Q2 2025 filing, Triple Frond Partners opened 2 new positions, added to 3, trimmed 5, left 1 unchanged and exited 1. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Other quarters
Source: SEC Form 13F-HR, accession 0001454502-25-000011, filed by Triple Frond Partners LLC. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.