Stuart McLaughlin, Triple Frond Partners
Portfolio USD 1,120,470,000 across 13 positions as of 2026 Q2; history from 2017 Q3. Source: quarterly 13F filings via dataroma.com.
Positions, 2026 Q2
- ASML ASML Holding NV: 21% of portfolio, USD 236,578,000, hold
- TDG TransDigm Group Inc.: 13% of portfolio, USD 141,921,000, hold
- MSFT Microsoft Corp.: 12% of portfolio, USD 131,491,000, hold
- AMZN Amazon.com Inc.: 9.2% of portfolio, USD 103,063,000, reduce -9.64%
- GOOG Alphabet Inc. CL C: 9.2% of portfolio, USD 103,011,000, reduce -17.52%
- MA Mastercard Inc.: 8.0% of portfolio, USD 90,122,000, hold
- META Meta Platforms Inc.: 5.9% of portfolio, USD 66,259,000, hold
- TRU TransUnion: 5.3% of portfolio, USD 58,998,000, hold
- DASH DoorDash Inc.: 4.9% of portfolio, USD 55,404,000, new
- SPGI S&P Global Inc.: 4.2% of portfolio, USD 47,527,000, new
- LYV Live Nation Inc.: 3.2% of portfolio, USD 36,304,000, reduce -15.55%
- CCC CCC Intelligent Solutions Hldgs Inc.: 2.5% of portfolio, USD 27,931,000, hold
- CHTR Charter Communications: 2.0% of portfolio, USD 21,861,000, hold
Portfolio value, all published quarters
- 2017 Q3: USD 824,655,228
- 2017 Q4: USD 883,093,265
- 2018 Q1: USD 890,022,423
- 2018 Q2: USD 947,785,223
- 2018 Q3: USD 962,013,510
- 2018 Q4: USD 817,657,648
- 2019 Q1: USD 865,555,901
- 2019 Q2: USD 988,843,921
- 2019 Q3: USD 1,043,863,798
- 2019 Q4: USD 1,161,973,664
- 2020 Q1: USD 897,482,837
- 2020 Q2: USD 1,037,384,781
- 2020 Q3: USD 1,178,532,891
- 2020 Q4: USD 819,933,800
- 2021 Q1: USD 806,386,795
- 2021 Q2: USD 921,932,417
- 2021 Q3: USD 916,949,487
- 2021 Q4: USD 887,320,927
- 2022 Q1: USD 807,761,461
- 2022 Q2: USD 654,059,841
- 2022 Q3: USD 567,733,318
- 2022 Q4: USD 604,809,647
- 2023 Q1: USD 685,429,783
- 2023 Q2: USD 775,766,866
- 2023 Q3: USD 788,280,731
- 2023 Q4: USD 840,654,294
- 2024 Q1: USD 878,557,971
- 2024 Q2: USD 852,300,155
- 2024 Q3: USD 772,778,017
- 2024 Q4: USD 772,549,127
- 2025 Q1: USD 739,873,502
- 2025 Q2: USD 570,821,141
- 2025 Q3: USD 917,877,776
- 2025 Q4: USD 962,079,025
- 2026 Q1: USD 962,896,312
- 2026 Q2: USD 1,120,470,000