Triple Frond Partners LLC, a Seattle-based hedge fund, is managed by Charles Pollnow. The portfolio’s value has increased from $806.31 million in the first quarter of 2021 to $921.93 million at the end of the second quarter of 2021. In the second quarter, Triple Frond Partners concentrated on the technology industry. The COVID-19 has benefited technology businesses the greatest, with the Nasdaq Composite returning 43.64 percent in 2020, topping the S&P’s 16.26 percent gain.
Insider Monkey analyzed the second-quarter portfolio of Triple Frond Partners and picked the top 10 stocks. Liberty Broadband Corporation is ranked tenth. Broadband, cable TV, video, and telephony services are all provided by the company. Liberty Broadband Corp is owned by 28 hedge funds tracked by Insider Monkey as of Q2 2021. Alibaba Group Holding Limited supplies merchants, enterprises, and retailers with e-commerce technology and marketing services. As of the second quarter of 2021, Triple Frond Partners owned 170,450 shares of the company, valued at $38.65 million. Guidewire Software, Inc. is a software technology company based in California. Software for property and liability insurers is developed and sold by the company. Triple Frond Partners, led by Charles Pollnow, owns 395,800 shares worth $44.61 million. Facebook, Inc. is situated in California and offers communication services through its Messenger and WhatsApp apps. According to the company’s most recent SEC filing, Triple Frond Partners has raised its position on Facebook by 22%. Microsoft Corporation is a software technology business based in Seattle, Washington. Microsoft Corporation is a software, service, and device company that creates, licenses and sells software, services, and products. Microsoft is ranked sixth on Charles Pollnow’s list of top stocks to purchase by Triple Frond Partners. For more details, click Top 10 Stocks To Buy According To Charles Pollnow’s Triple Frond Partners.