Stuart Mclaughlin - Triple Frond Partners 13F Activity & Position Changes (Q1 2019)

According to the SEC 13F filed on Aug 13, 2026, the Triple Frond Partners portfolio showed several notable changes in holdings as of quarter-end Mar 31, 2019. 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 Q1 2019, the filing reported:

New Buys - None reported

Increases - Mastercard Incorporated, Transdigm Group Incorporated, Visa Inc.

Reductions - Verisk Analytics, Inc.

Complete Exits - SBA Communications Corporation

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
Q1 2019	MA Mastercard Incorporated	Mastercard Incorporated	Buy	+26,300	+10.7%	$63.88K	271,300
Q1 2019	SBAC SBA Communications Corporation	SBA Communications Corporation	Sell - Position Exit	-557,690	-100.0%	$0.00	-
Q1 2019	TDG Transdigm Group Incorporated	Transdigm Group Incorporated	Buy	+14,700	+7.4%	$96.32K	212,162
Q1 2019	V Visa Inc.	Visa Inc.	Buy	+37,300	+6.5%	$94.85K	607,300
Q1 2019	VRSK Verisk Analytics, Inc.	Verisk Analytics, Inc.	Sell	-267,767	-71.9%	$13.93K	104,718