Historical Stock Holdings
Triple Frond Partners
| Period | Portfolio Value | Top 20 holdings history (left to right) | |||||||||||||||||||
| 2023 Q4 | $841 M |
CHTR
Charter Communications
18.40% of portfolio |
TDG
TransDigm Group Inc.
14.44% of portfolio |
GOOG
Alphabet Inc. CL C
12.02% of portfolio |
V
Visa Inc.
11.35% of portfolio |
MSFT
Microsoft Corp.
10.23% of portfolio |
AMZN
Amazon.com Inc.
9.79% of portfolio |
MCO
Moody's Corp.
8.12% of portfolio |
LRCX
Lam Research
5.78% of portfolio |
VRSN
Verisign Inc.
5.72% of portfolio |
CP
Canadian Pacific Kansas City
4.15% of portfolio | ||||||||||
| 2023 Q3 | $788 M |
CHTR
Charter Communications
21.30% of portfolio |
TDG
TransDigm Group Inc.
13.80% of portfolio |
GOOG
Alphabet Inc. CL C
13.76% of portfolio |
V
Visa Inc.
11.66% of portfolio |
AMZN
Amazon.com Inc.
11.61% of portfolio |
MSFT
Microsoft Corp.
10.15% of portfolio |
MCO
Moody's Corp.
4.96% of portfolio |
LRCX
Lam Research
4.93% of portfolio |
VRSN
Verisign Inc.
3.97% of portfolio |
KKR
KKR & Co. L.P.
3.86% of portfolio | ||||||||||
| 2023 Q2 | $776 M |
CHTR
Charter Communications
18.08% of portfolio |
TDG
TransDigm Group Inc.
14.87% of portfolio |
GOOG
Alphabet Inc. CL C
12.83% of portfolio |
V
Visa Inc.
12.23% of portfolio |
AMZN
Amazon.com Inc.
12.10% of portfolio |
MSFT
Microsoft Corp.
11.12% of portfolio |
MCO
Moody's Corp.
5.54% of portfolio |
LRCX
Lam Research
5.14% of portfolio |
VRSN
Verisign Inc.
4.51% of portfolio |
KKR
KKR & Co. L.P.
3.56% of portfolio | ||||||||||
| 2023 Q1 | $685 M |
CHTR
Charter Communications
19.92% of portfolio |
TDG
TransDigm Group Inc.
13.87% of portfolio |
V
Visa Inc.
13.14% of portfolio |
GOOG
Alphabet Inc. CL C
12.49% of portfolio |
AMZN
Amazon.com Inc.
10.85% of portfolio |
MSFT
Microsoft Corp.
10.65% of portfolio |
MCO
Moody's Corp.
5.52% of portfolio |
VRSN
Verisign Inc.
4.98% of portfolio |
LRCX
Lam Research
4.80% of portfolio |
KKR
KKR & Co. L.P.
3.78% of portfolio | ||||||||||
| 2022 Q4 | $605 M |
CHTR
Charter Communications
21.41% of portfolio |
V
Visa Inc.
16.04% of portfolio |
TDG
TransDigm Group Inc.
15.23% of portfolio |
GOOG
Alphabet Inc. CL C
12.07% of portfolio |
MSFT
Microsoft Corp.
10.04% of portfolio |
AMZN
Amazon.com Inc.
8.04% of portfolio |
MCO
Moody's Corp.
7.28% of portfolio |
VRSN
Verisign Inc.
5.57% of portfolio |
LRCX
Lam Research
4.31% of portfolio | |||||||||||
| 2022 Q3 | $568 M |
CHTR
Charter Communications
20.40% of portfolio |
V
Visa Inc.
14.60% of portfolio |
GOOG
Alphabet Inc. CL C
13.94% of portfolio |
TDG
TransDigm Group Inc.
13.52% of portfolio |
MSFT
Microsoft Corp.
9.42% of portfolio |
AMZN
Amazon.com Inc.
9.33% of portfolio |
MCO
Moody's Corp.
6.77% of portfolio |
VRSN
Verisign Inc.
5.02% of portfolio |
LRCX
Lam Research
4.00% of portfolio |
GWRE
Guidewire Software Inc.
3.01% of portfolio | ||||||||||
| 2022 Q2 | $654 M |
CHTR
Charter Communications
22.57% of portfolio |
GOOG
Alphabet Inc. CL C
15.49% of portfolio |
V
Visa Inc.
14.56% of portfolio |
TDG
TransDigm Group Inc.
12.01% of portfolio |
MSFT
Microsoft Corp.
10.15% of portfolio |
AMZN
Amazon.com Inc.
8.57% of portfolio |
MCO
Moody's Corp.
7.54% of portfolio |
VRSN
Verisign Inc.
5.06% of portfolio |
GWRE
Guidewire Software Inc.
4.05% of portfolio | |||||||||||
| 2022 Q1 | $808 M |
CHTR
Charter Communications
21.44% of portfolio |
GOOG
Alphabet Inc. CL C
16.14% of portfolio |
V
Visa Inc.
15.24% of portfolio |
TDG
TransDigm Group Inc.
11.81% of portfolio |
AMZN
Amazon.com Inc.
8.38% of portfolio |
MSFT
Microsoft Corp.
7.99% of portfolio |
MCO
Moody's Corp.
5.53% of portfolio |
META
Meta Platforms Inc.
4.74% of portfolio |
GWRE
Guidewire Software Inc.
4.40% of portfolio |
VRSN
Verisign Inc.
4.34% of portfolio | ||||||||||
| 2021 Q4 | $887 M |
CHTR
Charter Communications
23.33% of portfolio |
GOOG
Alphabet Inc. CL C
15.22% of portfolio |
V
Visa Inc.
13.55% of portfolio |
TDG
TransDigm Group Inc.
10.50% of portfolio |
MSFT
Microsoft Corp.
7.94% of portfolio |
AMZN
Amazon.com Inc.
7.80% of portfolio |
META
Meta Platforms Inc.
6.52% of portfolio |
MCO
Moody's Corp.
5.83% of portfolio |
GWRE
Guidewire Software Inc.
4.81% of portfolio |
VRSN
Verisign Inc.
4.51% of portfolio | ||||||||||
| 2021 Q3 | $917 M |
CHTR
Charter Communications
25.19% of portfolio |
GOOG
Alphabet Inc. CL C
14.28% of portfolio |
V
Visa Inc.
11.04% of portfolio |
MCO
Moody's Corp.
9.68% of portfolio |
TDG
TransDigm Group Inc.
8.75% of portfolio |
AMZN
Amazon.com Inc.
7.83% of portfolio |
MSFT
Microsoft Corp.
7.69% of portfolio |
META
Meta Platforms Inc.
6.70% of portfolio |
GWRE
Guidewire Software Inc.
5.13% of portfolio |
VRSN
Verisign Inc.
3.71% of portfolio | ||||||||||
| 2021 Q2 | $922 M |
CHTR
Charter Communications
24.85% of portfolio |
GOOG
Alphabet Inc. CL C
13.35% of portfolio |
MCO
Moody's Corp.
11.74% of portfolio |
V
Visa Inc.
11.53% of portfolio |
TDG
TransDigm Group Inc.
9.01% of portfolio |
MSFT
Microsoft Corp.
7.35% of portfolio |
META
Meta Platforms Inc.
6.83% of portfolio |
GWRE
Guidewire Software Inc.
4.84% of portfolio |
BABA
Alibaba Group Holdings
4.19% of portfolio |
LBRDK
Liberty Broadband Corp. CL C
3.44% of portfolio |
VRSN
Verisign Inc.
2.87% of portfolio | |||||||||
| 2021 Q1 | $806 M |
CHTR
Charter Communications
24.30% of portfolio |
MCO
Moody's Corp.
13.84% of portfolio |
GOOG
Alphabet Inc. CL C
12.60% of portfolio |
V
Visa Inc.
11.93% of portfolio |
TDG
TransDigm Group Inc.
8.33% of portfolio |
MSFT
Microsoft Corp.
7.31% of portfolio |
META
Meta Platforms Inc.
5.46% of portfolio |
GWRE
Guidewire Software Inc.
4.99% of portfolio |
LBRDK
Liberty Broadband Corp. CL C
4.55% of portfolio |
BABA
Alibaba Group Holdings
3.81% of portfolio |
VRSN
Verisign Inc.
2.87% of portfolio | |||||||||
| 2020 Q4 | $820 M |
CHTR
Charter Communications
25.62% of portfolio |
V
Visa Inc.
15.95% of portfolio |
MCO
Moody's Corp.
13.23% of portfolio |
GOOG
Alphabet Inc. CL C
10.50% of portfolio |
LBRDK
Liberty Broadband Corp. CL C
10.00% of portfolio |
TDG
TransDigm Group Inc.
8.63% of portfolio |
MSFT
Microsoft Corp.
6.78% of portfolio |
GWRE
Guidewire Software Inc.
6.21% of portfolio |
VRSN
Verisign Inc.
3.07% of portfolio | |||||||||||
| 2020 Q3 | $1.18 B |
CHTR
Charter Communications
26.49% of portfolio |
MCO
Moody's Corp.
15.10% of portfolio |
GOOG
Alphabet Inc. CL C
11.24% of portfolio |
V
Visa Inc.
11.03% of portfolio |
LBRDK
Liberty Broadband Corp. CL C
9.29% of portfolio |
TDG
TransDigm Group Inc.
7.67% of portfolio |
MSFT
Microsoft Corp.
6.76% of portfolio |
GWRE
Guidewire Software Inc.
5.85% of portfolio |
MA
Mastercard Inc.
5.72% of portfolio |
SPGI
S&P Global Inc.
0.86% of portfolio | ||||||||||
| 2020 Q2 | $1.04 B |
CHTR
Charter Communications
24.59% of portfolio |
MCO
Moody's Corp.
17.22% of portfolio |
GOOG
Alphabet Inc. CL C
12.28% of portfolio |
V
Visa Inc.
12.10% of portfolio |
TDG
TransDigm Group Inc.
9.72% of portfolio |
LBRDK
Liberty Broadband Corp. CL C
9.16% of portfolio |
MA
Mastercard Inc.
7.91% of portfolio |
GWRE
Guidewire Software Inc.
6.12% of portfolio |
SPGI
S&P Global Inc.
0.89% of portfolio | |||||||||||
| 2020 Q1 | $897 M |
CHTR
Charter Communications
24.31% of portfolio |
MCO
Moody's Corp.
19.82% of portfolio |
GOOG
Alphabet Inc. CL C
11.68% of portfolio |
V
Visa Inc.
11.67% of portfolio |
TDG
TransDigm Group Inc.
9.99% of portfolio |
LBRDK
Liberty Broadband Corp. CL C
9.46% of portfolio |
MA
Mastercard Inc.
7.47% of portfolio |
GWRE
Guidewire Software Inc.
3.29% of portfolio |
SCHW
Charles Schwab Corp.
1.54% of portfolio |
SPGI
S&P Global Inc.
0.77% of portfolio | ||||||||||
| 2019 Q4 | $1.16 B |
CHTR
Charter Communications
25.88% of portfolio |
MCO
Moody's Corp.
17.89% of portfolio |
TDG
TransDigm Group Inc.
12.77% of portfolio |
SCHW
Charles Schwab Corp.
10.85% of portfolio |
V
Visa Inc.
8.89% of portfolio |
LBRDK
Liberty Broadband Corp. CL C
8.30% of portfolio |
FOXA
Fox Corporation
6.26% of portfolio |
MA
Mastercard Inc.
6.04% of portfolio |
LBTYK
Liberty Global Ltd CL C
3.13% of portfolio | |||||||||||
| 2019 Q3 | $1.04 B |
CHTR
Charter Communications
24.48% of portfolio |
MCO
Moody's Corp.
17.18% of portfolio |
SCHW
Charles Schwab Corp.
12.62% of portfolio |
TDG
TransDigm Group Inc.
11.22% of portfolio |
V
Visa Inc.
10.01% of portfolio |
LBRDK
Liberty Broadband Corp. CL C
7.69% of portfolio |
MA
Mastercard Inc.
7.06% of portfolio |
FOXA
Fox Corporation
5.93% of portfolio |
LBTYK
Liberty Global Ltd CL C
3.80% of portfolio | |||||||||||
| 2019 Q2 | $989 M |
CHTR
Charter Communications
24.78% of portfolio |
MCO
Moody's Corp.
17.29% of portfolio |
SCHW
Charles Schwab Corp.
10.68% of portfolio |
V
Visa Inc.
10.66% of portfolio |
TDG
TransDigm Group Inc.
10.38% of portfolio |
LBRDK
Liberty Broadband Corp. CL C
8.08% of portfolio |
MA
Mastercard Inc.
7.26% of portfolio |
FOXA
Fox Corporation
6.40% of portfolio |
LBTYK
Liberty Global Ltd CL C
4.48% of portfolio | |||||||||||
| 2019 Q1 | $866 M |
CHTR
Charter Communications
24.85% of portfolio |
MCO
Moody's Corp.
18.32% of portfolio |
SCHW
Charles Schwab Corp.
12.98% of portfolio |
TDG
TransDigm Group Inc.
11.13% of portfolio |
V
Visa Inc.
10.96% of portfolio |
LBRDK
Liberty Broadband Corp. CL C
8.12% of portfolio |
MA
Mastercard Inc.
7.38% of portfolio |
LBTYK
Liberty Global Ltd CL C
4.67% of portfolio |
VRSK
Verisk Analytics Inc.
1.61% of portfolio | |||||||||||
| 2018 Q4 | $818 M |
CHTR
Charter Communications
21.61% of portfolio |
MCO
Moody's Corp.
15.00% of portfolio |
SCHW
Charles Schwab Corp.
13.35% of portfolio |
SBAC
SBA Communications Corp.
11.04% of portfolio |
V
Visa Inc.
9.20% of portfolio |
TDG
TransDigm Group Inc.
8.21% of portfolio |
LBRDK
Liberty Broadband Corp. CL C
6.75% of portfolio |
MA
Mastercard Inc.
5.65% of portfolio |
VRSK
Verisk Analytics Inc.
4.97% of portfolio |
LBTYK
Liberty Global Ltd CL C
4.21% of portfolio | ||||||||||
| 2018 Q3 | $962 M |
CHTR
Charter Communications
21.00% of portfolio |
MCO
Moody's Corp.
15.86% of portfolio |
SCHW
Charles Schwab Corp.
13.98% of portfolio |
SBAC
SBA Communications Corp.
11.27% of portfolio |
TDG
TransDigm Group Inc.
7.96% of portfolio |
LBRDK
Liberty Broadband Corp. CL C
7.89% of portfolio |
V
Visa Inc.
7.80% of portfolio |
LBTYK
Liberty Global Ltd CL C
5.08% of portfolio |
VRSK
Verisk Analytics Inc.
4.86% of portfolio |
MA
Mastercard Inc.
4.30% of portfolio | ||||||||||
| 2018 Q2 | $948 M |
CHTR
Charter Communications
19.18% of portfolio |
MCO
Moody's Corp.
16.42% of portfolio |
SCHW
Charles Schwab Corp.
14.76% of portfolio |
SBAC
SBA Communications Corp.
11.75% of portfolio |
LBTYK
Liberty Global Ltd CL C
7.96% of portfolio |
TDG
TransDigm Group Inc.
7.49% of portfolio |
LBRDK
Liberty Broadband Corp. CL C
7.19% of portfolio |
V
Visa Inc.
6.99% of portfolio |
VRSK
Verisk Analytics Inc.
4.40% of portfolio |
MA
Mastercard Inc.
3.86% of portfolio | ||||||||||
| 2018 Q1 | $890 M |
MCO
Moody's Corp.
18.74% of portfolio |
CHTR
Charter Communications
16.22% of portfolio |
SCHW
Charles Schwab Corp.
16.06% of portfolio |
SBAC
SBA Communications Corp.
12.96% of portfolio |
LBTYK
Liberty Global Ltd CL C
9.69% of portfolio |
TDG
TransDigm Group Inc.
8.31% of portfolio |
LBRDK
Liberty Broadband Corp. CL C
7.65% of portfolio |
V
Visa Inc.
6.72% of portfolio |
MA
Mastercard Inc.
3.66% of portfolio | |||||||||||
| 2017 Q4 | $883 M |
CHTR
Charter Communications
23.06% of portfolio |
MCO
Moody's Corp.
17.28% of portfolio |
SCHW
Charles Schwab Corp.
14.54% of portfolio |
SBAC
SBA Communications Corp.
12.48% of portfolio |
TDG
TransDigm Group Inc.
12.13% of portfolio |
LBTYK
Liberty Global Ltd CL C
10.86% of portfolio |
V
Visa Inc.
6.46% of portfolio |
MA
Mastercard Inc.
3.19% of portfolio | ||||||||||||
| 2017 Q3 | $825 M |
MCO
Moody's Corp.
17.46% of portfolio |
CHTR
Charter Communications
17.21% of portfolio |
TDG
TransDigm Group Inc.
14.88% of portfolio |
SBAC
SBA Communications Corp.
14.41% of portfolio |
SCHW
Charles Schwab Corp.
13.26% of portfolio |
LBTYK
Liberty Global Ltd CL C
13.22% of portfolio |
V
Visa Inc.
6.38% of portfolio |
MA
Mastercard Inc.
3.18% of portfolio | ||||||||||||