Q2 2026 · SEC CIK 0001454502
Triple Frond Partners portfolio
SuperinvestorHedge fundTriple Frond Partners LLC filed on 2026-08-13. Open SEC filings ↗
- Reported 13F value
- $1.1B
- Reported positions
- 13
- Eligible equities
- 12
- Holdings vs S&P 500, 3 years
- +1.5 pts
Average holding period of the top positions: 4.0 yrs. Holdings vs the S&P 500 over 1 and 5 years: +7.0 pts, -1.5 pts.
In its Q2 2026 13F, filed 2026-08-13, Triple Frond Partners LLC reported 13 positions worth $1.1B. Its largest holdings were ASML HOLDING N V (ASML, 21.1%), TRANSDIGM GROUP INC (TDG, 12.7%), MICROSOFT CORP (MSFT, 11.7%). Over the last 3 years its top holdings ran 1.5 points a year ahead of the S&P 500.
Reported holdings in the Q2 2026 snapshot.
The portfolio weight uses the full reported share-portfolio denominator. Weight changes compare Q1 2026 to Q2 2026; price moves also change weights, so these are not trade labels. “New” means the position was not in the previous 13F at all; “—” marks a small position the earlier filing data does not cover.
| Stock | % of reported portfolio | Weight change | Reported value |
|---|---|---|---|
| ASMLASML HOLDING N V | 21.1% | +4.80 pp | $236.6M |
| TDGTRANSDIGM GROUP INC | 12.7% | -0.16 pp | $141.9M |
| MSFTMICROSOFT CORP | 11.7% | -1.82 pp | $131.5M |
| AMZNAMAZON.COM INC | 9.2% | -1.15 pp | $103.1M |
| GOOGALPHABET INC | 9.2% | -1.34 pp | $103.0M |
| MAMASTERCARD INC | 8.0% | -1.06 pp | $90.1M |
| METAMETA PLATFORMS INC | 5.9% | -1.08 pp | $66.3M |
| TRUTRANSUNION COM | 5.3% | -0.61 pp | $59.0M |
| DASHDOORDASH INC | 4.9% | New | $55.4M |
| SPGIS&P GLOBAL INC | 4.2% | New | $47.5M |
| LYVLIVE NATION ENTERTAINMENT IN | 3.2% | -0.48 pp | $36.3M |
| CHTRCHARTER COMMUNICATIONS INC N | 2.0% | -1.50 pp | $21.9M |
What Triple Frond Partners bought and sold in Q2 2026, against Q1 2026.
New positions
- DASH Doordash Inc4.9% of 13F
- SPGI S&P Global Inc.4.2% of 13F
Added to
No position grew by more than 5%.
Reduced
- GOOG Alphabet Inc-17.5% shares
- LYV Live Nation Entertainment in-15.5% shares
- AMZN Amazon Com Inc Com-9.6% shares
Sold out
- ILMN Illumina Incwas 3.9%
Share counts compared with the Q1 2026 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- +28.2% /yr
- S&P 500 +20.1%
- 3 years
- +22.3% /yr
- S&P 500 +20.4%
- 5 years
- +9.1% /yr
- S&P 500 +11.6%
A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.
Questions about Triple Frond Partners's portfolio
What stocks does Triple Frond Partners own?
Triple Frond Partners LLC's latest 13F, for Q2 2026 and filed Aug 13, 2026, lists 13 positions worth $1.1B. The largest are Asml Hldg NV (ASML) at 21.1%, Transdigm Group Inc (TDG) at 12.7%, Microsoft Corp (MSFT) at 11.7%, Amazon Com Inc Com (AMZN) at 9.2% and Alphabet Inc (GOOG) at 9.2%.
What did Triple Frond Partners buy last quarter?
In Q2 2026, Triple Frond Partners LLC added a new position in Doordash Inc (DASH) and a new position in S&P Global Inc. (SPGI), compared with its Q1 2026 filing.
What did Triple Frond Partners sell last quarter?
In Q2 2026, Triple Frond Partners LLC sold all of Illumina Inc (ILMN), Alphabet Inc (GOOG) (-17.5% shares), Live Nation Entertainment in (LYV) (-15.5% shares) and Amazon Com Inc Com (AMZN) (-9.6% shares), compared with its Q1 2026 filing.
How has Triple Frond Partners's portfolio performed?
A portfolio copying Triple Frond Partners LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +22.3% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +28.2% against +20.1%. Over 5 years: +9.1% a year against +11.6%.
When is Triple Frond Partners LLC's next 13F filing due?
13F filings are due 45 days after each quarter ends. Triple Frond Partners LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.