Stuart Mclaughlin – Triple Frond Partners Portfolio Activity & Recent Trades (Jun 30, 2025)

As of Jun 30, 2025, the Triple Frond Partners portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Aug 13, 2025. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q2 2025, the filing reported:

New Buys –

None reported

Increases – CCC Intelligent Solutions Holdi, Meta Platforms, Inc.

Reductions – Transdigm Group Incorporated

Complete Exits –

None reported

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q2 2025	CCCS CCC Intelligent Solutions Holdi	CCC Intelligent Solutions Holdi	Buy	+741,000	+30.7%	$29.93K	3,156,000
Q2 2025	META Meta Platforms, Inc.	Meta Platforms, Inc.	Buy	+33,450	+43.6%	$68.64K	110,200
Q2 2025	TDG Transdigm Group Incorporated	Transdigm Group Incorporated	Sell	-18,350	-19.9%	$51.27K	73,794
Q1 2025	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Sell	-42,800	-8.1%	$92.69K	487,191
Q1 2025	ASML ASML	ASML	Buy - Position Entry	+79,300	-	$52.55K	79,300
Q1 2025	CCCS CCC Intelligent Solutions Holdi	CCC Intelligent Solutions Holdi	Buy - Position Entry	+2,415,000	-	$21.81K	2,415,000
Q1 2025	CP Canadian Pacific Kansas City Li	Canadian Pacific Kansas City Li	Sell - Position Exit	-404,369	-100.0%	$0.00	-
Q1 2025	GOOG Alphabet Inc.	Alphabet Inc.	Sell	-158,409	-19.6%	$101.38K	648,905
Q1 2025	LRCX Lam Research	Lam Research	Buy	+194,850	+38.1%	$51.37K	706,615
Q1 2025	MCO Moody's Corporation	Moody's Corporation	Sell	-22,960	-22.0%	$38.01K	81,627
Q1 2025	META Meta Platforms, Inc.	Meta Platforms, Inc.	Buy - Position Entry	+76,750	-	$44.24K	76,750
Q1 2025	MSFT Microsoft Corporation	Microsoft Corporation	Buy	+124,585	+44.7%	$151.30K	403,043
Q1 2025	TDG Transdigm Group Incorporated	Transdigm Group Incorporated	Buy	+12,390	+15.5%	$127.46K	92,144
Q1 2025	V Visa Inc.	Visa Inc.	Sell - Position Exit	-358,393	-100.0%	$0.00	-
Q4 2024	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Sell	-66,780	-11.2%	$116.28K	529,991
Q4 2024	CHTR Charter Communications, Inc.	Charter Communications, Inc.	Sell	-110,260	-40.7%	$55.01K	160,480
Q4 2024	CP Canadian Pacific Kansas City Li	Canadian Pacific Kansas City Li	Buy	+89,635	+28.5%	$29.26K	404,369
Q4 2024	GOOG Alphabet Inc.	Alphabet Inc.	Sell	-29,536	-3.5%	$153.75K	807,314
Q4 2024	LRCX Lam Research Corporation	Lam Research Corporation	Buy - Position Entry	+511,765	-	$36.97K	511,765
Q4 2024	MCO Moody's Corporation	Moody's Corporation	Sell	-3,800	-3.5%	$49.51K	104,587
Q4 2024	MSFT Microsoft Corporation	Microsoft Corporation	Buy	+26,314	+10.4%	$117.37K	278,458
Q4 2024	TDG Transdigm Group Incorporated	Transdigm Group Incorporated	Sell	-2,919	-3.5%	$101.07K	79,754
Q4 2024	UNP Union Pacific Corporation	Union Pacific Corporation	Sell - Position Exit	-74,500	-100.0%	$0.00	-
Q4 2024	V Visa Inc.	Visa Inc.	Sell	-44,576	-11.1%	$113.27K	358,393
Q3 2024	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Buy	+54,870	+10.1%	$111.20K	596,771
Q3 2024	CHTR Charter Communications, Inc.	Charter Communications, Inc.	Sell	-356,785	-56.9%	$87.74K	270,740
Q3 2024	GOOG Alphabet Inc.	Alphabet Inc.	Buy	+118,590	+16.5%	$139.91K	836,850
Q3 2024	LRCX Lam Research Corporation	Lam Research Corporation	Sell - Position Exit	-52,530	-100.0%	$0.00	-
Q3 2024	MCO Moody's Corporation	Moody's Corporation	Sell	-42,400	-28.1%	$51.44K	108,387
Q3 2024	MSCI MSCI Inc.	MSCI Inc.	Sell - Position Exit	-57,920	-100.0%	$0.00	-