Question 1

What stocks did Triple Frond Partners sell this quarter?

Accepted Answer

In the Q2 '26 13F filing, Triple Frond Partners fully exited 1 positions and reduced 3 existing holdings. Combined sell footprint: approximately $37.8M based on prior-quarter values.

Question 2

What was Triple Frond Partners's biggest sell?

Accepted Answer

Triple Frond Partners's largest fully-exited position in the Q2 '26 filing was ILLUMINA INC COM (ILMN), previously worth $37.8M.

Question 3

How are these "sells" calculated?

Accepted Answer

Sells are derived from quarter-over-quarter changes in 13F filings. SOLD positions appeared in the prior filing but not the current one; REDUCED positions are existing holdings where share count fell. Note: 13F filings only cover long U.S. equity positions, so apparent "sells" could be short-side hedges or moves to other instruments.

Ticker	Company	Shares Now	Value Now	% Portfolio	Change
AMZN	AMAZON.COM INC	432420	$103.1M	9.20%	-9.6%
GOOG	ALPHABET INC	291544	$103.0M	9.19%	-17.5%
LYV	LIVE NATION ENTERTAINMENT IN	198262	$36.3M	3.24%	-15.5%

Triple Frond Partners — Recent Sells

Fully exited (1)

Reduced positions (3)