TCI Fund Management
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Chris Hohn's TCI Fund Management reported 10 stock positions worth $44.0 billion. Its top holding was General Electric (GE) at 20.6% of the portfolio, followed by Moody's (MCO, 14.3%) and S&P Global (SPGI, 12.2%). Compared with Q2 2024, it added to 1 and reduced 1. The biggest buy was Microsoft (MSFT, shares +14%) and the biggest sale Canadian Natl Railway (CNI, shares −10%).
- Most Recent 13F
- Q2 2026
- Notable People
- Chris Hohn
- Location
- LONDON, X0
- CIK
- 0001647251
- Portfolio Value
- $44.0B (Q3 2024)
- SEC Filing
- 0001647251-24-000011 ↗ filed Nov 14, 2024
Holdings Value
Holdings 10 stocks · $44.0B
| GE General Electric filed as GE AEROSPACE | 20.64% | 48,180,376 | $9.1B | No change |
| MCO Moody's Corp. | 14.28% | 13,246,769 | $6.3B | No change |
| SPGI S&P Global Inc. | 12.21% | 10,400,077 | $5.4B | No change |
| MSFT Microsoft Corp. | 11.72% | 11,990,590 | $5.2B | Add +13.8% |
| CP Canadian Pacific Kansas City | 10.67% | 54,913,285 | $4.7B | No change |
| V Visa Inc. Class A | 10.49% | 16,797,187 | $4.6B | No change |
| CNI Canadian Natl Railway Co. | 9.43% | 35,437,277 | $4.2B | Reduce -10.3% |
| GOOG Alphabet Inc. Class C | 6.43% | 16,927,056 | $2.8B | No change |
| GOOGL Alphabet Inc. Class A | 2.27% | 6,027,410 | $999.6M | No change |
| FER Ferrovial NV | 1.86% | 19,095,244 | $820.3M | No change |
Portfolio Sells Q2 2024 → Q3 2024
| CNI Canadian Natl Railway Co. | Reduce -10.3% | 9.43% | −1.97 |
Portfolio Buys Q2 2024 → Q3 2024
| MSFT Microsoft Corp. | Add +13.8% | 11.72% | +0.22 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 11 | $52.8B | GE, V, MCO, SPGI, CP |
| Q1 2026 | 10 | $45.2B | GE, V, MCO, SPGI, CP |
| Q4 2025 | 9 | $53.6B | GE, V, MSFT, MCO, SPGI |
| Q3 2025 | 9 | $52.7B | GE, V, MSFT, MCO, SPGI |
| Q2 2025 | 10 | $50.7B | GE, MSFT, V, MCO, SPGI |
| Q1 2025 | 10 | $43.4B | GE, MSFT, MCO, V, SPGI |
| Q4 2024 | 10 | $42.4B | GE, MCO, MSFT, V, SPGI |
| Q3 2024 | 10 | $44.0B | GE, MCO, SPGI, MSFT, CP |
| Q2 2024 | 10 | $40.9B | GE, MCO, MSFT, CNI, SPGI |
| Q1 2024 | 10 | $39.7B | GE, CNI, CP, MCO, V |