13F filing recap · Q2 2020

What did Triple Frond Partners buy in Q2 2020?

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

Stock value

$1.04B

Positions

Estimated turnover

11.5%

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

GWREGuidewire Software, Inc.$63.49Mreported value+200.0K shares+53.6%

Reduced positions

MCOMoody’s Corporation$178.64Mreported value-191.0K shares-22.7%TDGTransdigm Group Incorporated$100.82Mreported value-51.9K shares-18.5%

Exited positions

SCHWSchwab Charles Corp$13.86Mprior reported value-412.3K shares-100.0%