Chris Hohn

TCI Fund Management Ltd

as of Jun 30, 2025 · filed Aug 14, 2025 · 45-day reporting lag · historical report

Source filings

13F-HR 0001647251-25-000009

QuarterCompare any two quarters

Portfolio value$50.7B 16.9% vs. previous quarter

Positions90 new · 0 sold

Top 579.3%largest GE at 24.1%

Largest moveMSFTIncreased · +2.3% weight shift

Concentration

How much of the portfolio the biggest positions add up to. Hover the curve, or focus it and use the arrow keys, to inspect each rank.

Longest held

One block per imported quarter, oldest at the left. A full row means held in all of them, not that the position began there.

47%held throughout

V26

MCO26

SPGI26

GOOG26

CNI26

Top 3 moves

MSFT+2.3%

GE+2.2%

CNI−1.3%

No new positions and no positions sold; the largest portfolio-weight shift was MSFT gaining 2.3% of portfolio weight.

Holdings

Reported price is value divided by shares, the manager’s quarter-end mark rather than a traded price.

Sorted by portfolio weight, high to low

Sort

Reported holdings for Q2 2025

GEGE AerospaceIndustrials	24.1%+2.2%	Reduced0.1%	47,510,431	$257.39	$12.2B
MSFTMICROSOFT CORPInformation Technology	17.2%+2.3%	Increased1.5%	17,565,231	$497.41	$8.74B
VVISA INC-CLASS A SHARESFinancials	13.4%-0.1%	Increased14.6%	19,067,558	$355.05	$6.77B
MCOMOODY'S CORPConsumer Discretionary	13.1%-1.0%	Increased0.6%	13,246,979	$501.59	$6.64B
SPGIS&P GLOBAL INCConsumer Discretionary	11.5%-0.6%	Increased7.0%	11,091,623	$527.29	$5.85B
CPCANADIAN PACIFIC KANSAS CITYIndustrials	8.3%-0.6%	Reduced3.8%	52,826,885	$79.29	$4.19B
GOOGALPHABET INCCommunication ServicesGOOG · GOOGLSupply chain (as of Q2 2026)	5.6%-0.8%	Reduced	GOOG12,966,235GOOGL3,155,110	GOOG$177.39GOOGL$176.23	$2.86B
CNICANADIAN NATL RAILWAY COIndustrials	4.7%-1.3%	Reduced14.5%	22,989,066	$104.15	$2.39B
Ticker unavailableFERROVIAL SEUnclassified	2.0%+0.1%	Increased0.7%	19,470,666	$53.35	$1.04B