Stuart Mclaughlin - Triple Frond Partners 13F Activity & Position Changes (Q4 2014)

As of Dec 31, 2014, the Triple Frond Partners portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 15, 2026. 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 Q4 2014, the filing reported:

New Buys - DaVita Inc.

Increases - Charles Schwab Corporation (The

Reductions - Carnival Corporation

Complete Exits - McDonald's 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
Q4 2014	CCL Carnival Corporation	Carnival Corporation	Sell	-250,000	-25.0%	$34.00K	750,000
Q4 2014	DVA DaVita Inc.	DaVita Inc.	Buy - Position Entry	+550,000	-	$41.66K	550,000
Q4 2014	MCD McDonald's Corporation	McDonald's Corporation	Sell - Position Exit	-300,000	-100.0%	$0.00	-
Q4 2014	SCHW Charles Schwab Corporation (The	Charles Schwab Corporation (The	Buy	+250,000	+11.1%	$75.47K	2,500,000