13F filing recap · Q4 2019

What did Triple Frond Partners buy in Q4 2019?

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

Stock value

$1.16B

Positions

Estimated turnover

6.1%

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.

Increased positions

TDGTransdigm Group Incorporated$148.40Mreported value+40.0K shares+17.8%

Reduced positions

SCHWSchwab Charles Corp$126.03Mreported value-500.0K shares-15.9%VVisa Inc.$103.34Mreported value-57.3K shares-9.4%MAMastercard Inc$70.17Mreported value-36.3K shares-13.4%