13F filing recap · Q1 2018

What did Triple Frond Partners buy in Q1 2018?

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

Stock value

$890.11M

Positions

Estimated turnover

19.2%

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

LBRDKLiberty Broadband Corporation$68.06Mreported value+794.3K shares

Increased positions

SCHWSchwab Charles Corp$142.96Mreported value+237.6K shares+9.5%

Reduced positions

CHTRCharter Communications, Inc.$144.34Mreported value-142.2K shares-23.5%TDGTransdigm Group Incorporated$73.97Mreported value-149.0K shares-38.2%