What did Triple Frond Partners buy in Q1 2026?

Triple Frond Partners opened 1 new position (MA) and added to 2 existing holdings in the Q1 2026 13F.

What did Triple Frond Partners sell in Q1 2026?

Triple Frond Partners exited 1 position (LRCX) and trimmed 0.

What Triple Frond Partners bought and sold in Q1 2026

In Q1 2026, Triple Frond Partners (Triple Frond Partners) opened 1 new position — including MA (9.1%), added to 2, exited 1 (LRCX). The book stood at $963M across 12 positions, filed May 15, 2026.

1New2Added0Trimmed1Exited

Share𝕏 in

New positions (1)

MAMastercard Inc - A9.1% · $88M

Added to (2)

METAMeta Platforms Inc-class A+21% shares · 7.0% · $67M
TRUTransunion+48% shares · 5.9% · $57M

Exited (1)

LRCXLam Research Corpwas 5.3% of book

Triple Frond Partners's other filings

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

Triple Frond Partners's full portfolio →The whole cohort in Q1 2026 →

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.