Triple Frond Partners LLC

CIK

1454502

Location

SAN FRANCISCO, CA

Portfolio Value

Mid $1,120,471,449

Diversification

Diversified

Reports for

Hawk Hill Capital Partners LP

Filing Date

Global Rank

#1,815 / 8,650 ▲ 26

Top Industry

Semiconductor Equipment & Materials 21.1%

3Y Alpha vs SPY

+19.4%

Period ended 54 days ago

Filed Aug 13, 2026 · 10d

26 quarters · since Mar 2020

Clone Performance

Aug 2023–Aug 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+170.5%

SPY

+72.8%

Annualised alpha

+19.3%

Max drawdown

−18.7%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. Returns use comparable raw closes and exclude dividends; a captured split can shorten the simulated window. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

13 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

21.1%

+4.8 pts

Top 5

63.9%

+0.3 pts

Top 10

92.3%

−0.9 pts

HHI

1,103

Diversified+52

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	35.3%	$396,000,531	3
Communication Services	20.3%	$227,434,903	4
Financial Services	17.6%	$196,647,770	3
Consumer Cyclical	14.1%	$158,467,376	2
Industrials	12.7%	$141,920,869	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

No qualifying positions this quarter.

Trimmed

Positions the filer reduced

3 positions

Ticker	Company	Δ Shares	Shares	Value
GOOGL	Alphabet Inc.	−61,915	291,544	$103,011,241
AMZN	Amazon Com Inc	−46,114	432,420	$103,062,982
LYV	Live Nation Entertainment, Inc.	−36,503	198,262	$36,303,754
No positions match the current search.

New Positions

Positions the filer opened this quarter

2 positions

Ticker	Company	Shares	Value
DASH	DoorDash, Inc.	300,246	$55,404,394
SPGI	S&P Global Inc.	116,700	$47,527,240
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
ILMN	Illumina, Inc.	306,460	$37,774,259
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

13 tracked positions · $1,120,471,449 total · filing declares 13 positions · $1,120,470 · as of Jun 30, 2026

All sectors Communication Services Consumer Cyclical Financial Services Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
ASML	Asml Holding NV Technology	Held	118,917	0	$236,578,224	+50.6%	21.11%
TDG	TransDigm Group INC Industrials	Held	106,544	0	$141,920,869	+14.9%	12.67%
MSFT	Microsoft Corp Technology	Held	352,504	0	$131,491,042	+0.8%	11.74%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	432,420	-46,114	$103,062,982	+3.4%	9.20%
GOOGL	Alphabet Inc. Communication Services	Reduced	291,544	-61,915	$103,011,241	+1.6%	9.19%
MA	Mastercard Inc Financial Services	Held	175,472	0	$90,122,419	+2.8%	8.04%
META	Meta Platforms, Inc. Communication Services	Held	117,628	0	$66,258,676	−1.5%	5.91%
TRU	TransUnion Financial Services	Held	817,828	0	$58,998,111	+4.3%	5.27%
DASH	DoorDash, Inc. Consumer Cyclical	NEW	300,246	NEW	$55,404,394	NEW	4.94%
SPGI	S&P Global Inc. Financial Services	NEW	116,700	NEW	$47,527,240	NEW	4.24%
LYV	Live Nation Entertainment, Inc. Communication Services	Reduced	198,262	-36,503	$36,303,754	+1.4%	3.24%
CCC	CCC Intelligent Solutions Holdings Inc. Technology	Held	5,413,036	0	$27,931,265	−14.0%	2.49%
CHTR	Charter Communications, Inc. /Mo/ Communication Services	Held	153,725	0	$21,861,232	−34.1%	1.95%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.