13F filing recap · Q2 2016

What did Triple Frond Partners buy in Q2 2016?

Reported stock-position changes between this filing and the previous one.

Stock value

$621.54M

Positions

Estimated turnover

40.7%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

CHTRCharter Communications, Inc.$93.03Mreported value+406.9K shares LILAKLiberty Global Ltd.$10.34Mreported value+318.2K shares NORDNordicus Partners Corporation$10.19Mreported value+482.0K shares

Increased positions

LBTYKLiberty Global Ltd.$94.32Mreported value+742.3K shares+29.1%

Reduced positions

TDGTransdigm Group Incorporated$83.72Mreported value-57.5K shares-15.3%DVADaVita Inc.$55.33Mreported value-134.4K shares-15.8%

Exited positions

CHTRCharter Communications, Inc.$91.09Mprior reported value-450.0K shares-100.0%