Stuart Mclaughlin - Triple Frond Partners 13F Activity & Position Changes (Q3 2020)

As of Sep 30, 2020, the Triple Frond Partners portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Nov 13, 2020. 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 Q3 2020, the filing reported:

New Buys - Microsoft Corporation

Increases - Guidewire Software, Inc.

Reductions - Mastercard Incorporated, Moody's Corporation, 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
Q3 2020	GWRE Guidewire Software, Inc.	Guidewire Software, Inc.	Buy	+88,000	+15.4%	$68.90K	660,800
Q3 2020	MA Mastercard Incorporated	Mastercard Incorporated	Sell	-78,075	-28.1%	$67.44K	199,425
Q3 2020	MCO Moody's Corporation	Moody's Corporation	Sell	-36,400	-5.6%	$177.92K	613,828
Q3 2020	MSFT Microsoft Corporation	Microsoft Corporation	Buy - Position Entry	+379,050	-	$79.73K	379,050
Q3 2020	TDG Transdigm Group Incorporated	Transdigm Group Incorporated	Sell	-37,800	-16.6%	$90.40K	190,274