UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    Form 13F
                               Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 9/30/2010
Check here if Amendment []; Amendment Number:
                                               -------
This Amendment (Check only one.):               [] is a restatement.
                                                [] adds new holdings entries.

Institutional Investment Manager Filing this Report:


Name:      Triple Frond Partners LLC

Address:   1000 Second Avenue, Suite 1200
           Seattle, WA  98104


Form 13F File Number: 28-13331


The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.

Persons Signing this Report on Behalf of Reporting Manager:

Name:   Charles F. Pollnow IV
Title:  Manager of Triple Frond Partners LLC
Phone:  206-332-1215

Signature,  Place,  and  Date  of  Signing:

/s/ Charles F. Pollnow IV          Seattle, WA                        11/1/2010
- ---------------------------------  ---------------------------------  ----------
[Signature]                        [City, State]                      [Date]

Charles F. Pollnow IV
Manager of Triple Frond Partners LLC

Report  Type  (Check  only  one):

[X]     13F HOLDINGS REPORT. (Check here if all holdings of this reporting
        manager are reported in this report.)

[ ]     13F NOTICE. (Check here if no holdings reported are in this report,
        and all holdings are reported by other reporting manager(s).)

[ ]     13F COMBINATION REPORT. (Check here if a portion of the holdings for
        this reporting manager are reported in this report and a portion are
        reported by other reporting manager(s).)

List of Other Managers Reporting for this Manager:

13F File Number  Name

                 None
- ---------------  ---------------------------------------------------------------



                              Form 13F SUMMARY PAGE

Report Summary:

Number of Other Included Managers:                    1

Form 13F Information Table Entry Total:              12

Form 13F Information Table Value Total:  $      262,214
                                         --------------
                                         (In Thousands)


List of Other Included Managers:

Provide a numbered list of the name(s) and 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.

No.   Form 13F File Number  Name

1     28-13332              Hawk Hill Capital Partners, LP
- ----  --------------------  ----------------------------------------------------






                                                  FORM 13F INFORMATION TABLE

          COLUMN 1              COLUMN 2    COLUMN 3  COLUMN 4      COLUMN 5       COLUMN 6  COLUMN 7       COLUMN 8
- ---------------------------- -------------- --------- -------- ------------------ ---------- -------- ---------------------
                                                       VALUE    SHRS OR  SH/ PUT/ INVESTMENT  OTHER     VOTING AUTHORITY
       NAME OF ISSUER        TITLE OF CLASS   CUSIP   (x$1000)  PRN AMT  PRN CALL DISCRETION MANAGERS   SOLE    SHARED NONE
- ---------------------------- -------------- --------- -------- --------- --- ---- ---------- -------- --------- ------ ----
                                                                                      
COCA COLA ENTERPRISES INC    COM            191219104   27,900   900,000 SH       SOLE       1          900,000      0    0
DIAGEO P L C                 SPON ADR       25243Q205   20,358   295,000 SH       SOLE       1          295,000      0    0
EMBOTELLADORA ANDINA S A     SPON ADR A     29081P204   11,256   469,966 SH       SOLE       1          469,966      0    0
EMBOTELLADORA ANDINA S A     SPON ADR B     29081P303    1,048    36,575 SH       SOLE       1           36,575      0    0
HCC INS HLDGS INC            COM            404132102   20,872   800,000 SH       SOLE       1          800,000      0    0
LIFE TIME FITNESS INC        COM            53217R207   31,797   805,600 SH       SOLE       1          805,600      0    0
MCGRATH RENTCORP             COM            580589109   10,865   453,481 SH       SOLE       1          453,481      0    0
MEDTRONIC INC                COM            585055106   28,441   846,950 SH       SOLE       1          846,950      0    0
PROGRESSIVE CORP OHIO        COM            743315103   33,392 1,600,000 SH       SOLE       1        1,600,000      0    0
TALECRIS BIOTHERAPEUTICS HLD COM            874227101   13,042   570,000 SH       SOLE       1          570,000      0    0
TIME WARNER CABLE INC        COM            88732J207   36,443   675,000 SH       SOLE       1          675,000      0    0
WALGREEN CO                  COM            931422109   26,800   800,000 SH       SOLE       1          800,000      0    0