What did Triple Frond Partners buy in Q1 2025?

Triple Frond Partners opened 3 new positions (ASML, META, CCC) and added to 2 existing holdings in the Q1 2025 13F.

What did Triple Frond Partners sell in Q1 2025?

Triple Frond Partners exited 2 positions (V, CP) and trimmed 1.

What Triple Frond Partners bought and sold in Q1 2025

In Q1 2025, Triple Frond Partners (Triple Frond Partners) opened 3 new positions — including ASML (7.1%), META (6.0%), CCC (2.9%), added to 2, trimmed 1, exited 2 (V, CP). The book stood at $740M across 10 positions, filed May 14, 2025.

3New2Added1Trimmed2Exited

Share𝕏 in

New positions (3)

ASMLAsml Holding N V7.1% · $53M
METAMeta Platforms Inc-class A6.0% · $44M
CCCCcc Intelligent Solutions HO2.9% · $22M

Added to (2)

MSFTMicrosoft Corp+45% shares · 20.4% · $151M
LRCXLam Research Corp+38% shares · 6.9% · $51M

Trimmed (1)

MCOMoody's Corp-22% shares · 5.1% · $38M

Exited (2)

VVisa Inc-class A Shareswas 14.7% of book
CPCanadian Pacific Kansas Citywas 3.8% of book

Triple Frond Partners's other filings

Q1 2026 changes Q4 2025 changes Q3 2025 changes Q2 2025 changes Q4 2024 changes

Triple Frond Partners's full portfolio →The whole cohort in Q1 2025 →

Changes vs the prior quarter's 13F, long US equity positions only (no shorts, options, or non-US listings). ADD/TRIM are share- count changes of ±20% or more. Sourced from SEC EDGAR. Not investment advice.