Triple Frond Partners 13F annual report
Triple Frond Partners is an investment fund managing more than $852 million ran by Stuart Mclaughlin. There are currently 11 companies in Mr. Mclaughlin’s portfolio. The largest investments include Charter Communications Inc N and Alphabet Inc, together worth $319 million.
$852 million Assets Under Management (AUM)
As of 7th August 2024, Triple Frond Partners’s top holding is 627,525 shares of Charter Communications Inc N currently worth over $188 million and making up 22.0% of the portfolio value.
In addition, the fund holds 718,260 shares of Alphabet Inc worth $132 million, whose value grew 12.8% in the past six months.
The third-largest holding is Amazon.com worth $105 million and the next is Microsoft worth $102 million, with 228,654 shares owned.
Currently, Triple Frond Partners's portfolio is worth at least $852 million. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Triple Frond Partners
The Triple Frond Partners office and employees reside in San Francisco, California. According to the last 13-F report filed with the SEC, Stuart Mclaughlin serves as the Manager of Triple Frond Partners LLC at Triple Frond Partners.
Recent trades
In the most recent 13F filing, Triple Frond Partners revealed that it had opened a new position in
MSCI Inc and bought 57,920 shares worth $27.9 million.
This means they effectively own approximately 0.1% of the company.
MSCI Inc makes up
32.6%
of the fund's Finance sector allocation and has decreased its share price by 0.2% in the past year.
The investment fund also strengthened its position in Charter Communications Inc N by buying
165,880 additional shares.
This makes their stake in Charter Communications Inc N total 627,525 shares worth $188 million.
On the other hand, there are companies that Triple Frond Partners is getting rid of from its portfolio.
Triple Frond Partners closed its position in Verisign on 14th August 2024.
It sold the previously owned 233,415 shares for $44.2 million.
Stuart Mclaughlin also disclosed a decreased stake in Alphabet Inc by approximately 0.1%.
This leaves the value of the investment at $132 million and 718,260 shares.
One of the smallest hedge funds
The two most similar investment funds to Triple Frond Partners are 1st Global Advisors and Banc Funds Co. They manage $854 million and $849 million respectively.
Stuart Mclaughlin investment strategy
Triple Frond Partners’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Technology — making up 34.0% of
the total portfolio value.
The fund focuses on investments in the United States as
63.6% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
64% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $533 billion.
The complete list of Triple Frond Partners trades based on 13F SEC filings
These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Charter Communications Inc N |
35.93%
627,525
|
$187,605,000 | 22.01% |
| Alphabet Inc |
7.71%
718,260
|
$131,743,000 | 15.46% |
| Amazon.com Inc. |
No change
541,901
|
$104,722,000 | 12.29% |
| Microsoft Corporation |
No change
228,654
|
$102,197,000 | 11.99% |
| Transdigm Group Incorporated |
39.39%
62,239
|
$79,517,000 | 9.33% |
| Moodys Corp |
13.71%
150,787
|
$63,471,000 | 7.45% |
| Visa Inc |
27.41%
219,329
|
$57,567,000 | 6.75% |
| Lam Research Corp. |
No change
52,530
|
$55,937,000 | 6.56% |
| Verisign Inc. |
Closed
233,415
|
$44,234,000 | |
| MSCI Inc |
Opened
57,920
|
$27,903,000 | 3.27% |
| Canadian Pacific Kansas City |
28.61%
314,734
|
$24,779,000 | 2.91% |
| Union Pac Corp |
No change
74,500
|
$16,856,000 | 1.98% |
| No transactions found | |||
| Showing first 500 out of 12 holdings | |||
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