Stuart Mclaughlin - Triple Frond Partners 13F Activity & Position Changes (Q4 2016)

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 Dec 31, 2016. 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 2016, the filing reported:

New Buys - Mastercard Incorporated

Increases - Moody's Corporation, Transdigm Group Incorporated

Reductions - Charter Communications, Inc., Charles Schwab Corporation (The, Visa Inc.

Complete Exits - DaVita Inc.

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 2016	CHTR Charter Communications, Inc.	Charter Communications, Inc.	Sell	-82,336	-20.2%	$93.45K	324,554
Q4 2016	DVA DaVita Inc.	DaVita Inc.	Sell - Position Exit	-674,300	-100.0%	$0.00	-
Q4 2016	MA Mastercard Incorporated	Mastercard Incorporated	Buy - Position Entry	+186,000	-	$19.20K	186,000
Q4 2016	MCO Moody's Corporation	Moody's Corporation	Buy	+105,075	+11.3%	$97.48K	1,034,075
Q4 2016	SCHW Charles Schwab Corporation (The	Charles Schwab Corporation (The	Sell	-950,000	-29.6%	$89.00K	2,255,000
Q4 2016	TDG Transdigm Group Incorporated	Transdigm Group Incorporated	Buy	+46,148	+16.3%	$81.94K	329,148
Q4 2016	V Visa Inc.	Visa Inc.	Sell	-192,400	-27.8%	$39.01K	500,000