13F FILER • CHRIS HOHN

TCI Fund Management

Chris Hohn — TCI Fund Management Ltd

No writing by this manager has been read and indexed yet, so this page carries the filings only. Holdings come straight from the Form 13F-HR on EDGAR.

11

Positions

$52.8B

Reported Value

98.6%

In Top 10

—

Claims Indexed

Largest reported positions

TCI FUND MANAGEMENT LTD • CIK 0001647251 • 2026-06-30 • FILED 2026-08-14

WHAT CHANGED THIS QUARTER

In its Q2 2026 13F, filed Aug 14, 2026, TCI Fund Management reported 11 positions worth $52.8B in US-listed stock. The largest stock position is Ge Aerospace at 33.6% of the reported book, and the ten largest lines of any type make up 98.6% of it.

It opened 2 new positions, the largest stock positions being Martin Marietta Matls Inc ($758.4M) and Vulcan Matls Co ($721.9M), and exited 1, the largest stock exit being Microsoft Corp ($1.0B last quarter).

Among positions it already held, the biggest increases by share count were Alphabet Inc (+12%), Ferrovial Nv (+1%) and S&P Global Inc (+0%), and the biggest cuts were Canadian Natl Ry Co (−4%), Canadian Pacific Kansas City (−3%) and Ge Aerospace (−0%).

Largest reported positions, quarter ended 2026-06-30
IssuerValueWeightShares QoQ
GE AEROSPACE$17.7B33.6%-0%
VISA INC$10.5B19.8%+0%
MOODYS CORP$6.5B12.3%—
S&P GLOBAL INC$5.7B10.9%+0%
CANADIAN PACIFIC KANSAS CITY$3.9B7.4%-3%
ALPHABET INC$3.5B6.7%+12%
FERROVIAL NV$1.4B2.7%+1%
CANADIAN NATL RY CO$1.1B2.1%-4%
ALPHABET INC$878.1M1.7%—
MARTIN MARIETTA MATLS INC$758.4M1.4%New
VULCAN MATLS CO$721.9M1.4%New

11 of 11 positions. A 13F covers long US-listed positions at a quarter end only — no shorts, leverage, cash, ordinary bonds or private holdings — and is 45 days old on publication.

NEW POSITIONS

  • Martin Marietta Matls Inc$758.4M · 1.4%
  • Vulcan Matls Co$721.9M · 1.4%

EXITS

  • Microsoft Corp$1.0B last quarter

QUESTIONS PEOPLE ASK

What are TCI Fund Management's largest holdings?

OPEN
As of Jun 30, 2026, the three largest stock positions are Ge Aerospace (33.6%), Visa Inc (19.8%) and Moodys Corp (12.3%), together 65.7% of the reported book.

How big is TCI Fund Management's 13F portfolio?

OPEN
The Q2 2026 13F, filed Aug 14, 2026, reports 11 positions worth $52.8B. The ten largest make up 98.6% of it.

What did TCI Fund Management buy and sell in Q2 2026?

OPEN
It opened 2 new positions, the largest stock positions being Martin Marietta Matls Inc ($758.4M) and Vulcan Matls Co ($721.9M), and exited 1, the largest stock exit being Microsoft Corp ($1.0B last quarter). Among positions it already held, the biggest increases by share count were Alphabet Inc (+12%), Ferrovial Nv (+1%) and S&P Global Inc (+0%), and the biggest cuts were Canadian Natl Ry Co (−4%), Canadian Pacific Kansas City (−3%) and Ge Aerospace (−0%).

When is TCI Fund Management's next 13F due?

OPEN
The Q3 2026 13F is due Nov 16, 2026. Forty-five days after the quarter ends is November 14, 2026 (Saturday), so the deadline moves to the next business day. Chris Hohn's filing usually lands close to the deadline.

Filers with overlapping books