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

As of Dec 31, 2016, 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 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