13F filing recap · Q4 2020

What did Triple Frond Partners buy in Q4 2020?

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

Stock value

$819.86M

Positions

Estimated turnover

52.6%

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

VRSNVeriSign Inc/ca$25.19Mreported value+116.4K shares

Reduced positions

CHTRCharter Communications, Inc.$210.06Mreported value-182.5K shares-36.5%VVisa Inc.$130.80Mreported value-52.0K shares-8.0%MCOMoody’s Corporation$108.50Mreported value-240.0K shares-39.1%GOOGAlphabet Inc.$86.05Mreported value-41.0K shares

Exited positions

MAMastercard Inc$67.44Mprior reported value-199.4K shares-100.0%SPGIS&P Global Inc.$10.13Mprior reported value-28.1K shares-100.0%