TCI Fund Management 13F holdings (Chris Hohn)
TCI Fund Management (Chris Hohn) reported its Q2 2026 13F on Aug 14, 2026. The filing shows a $52.8B US stock portfolio in 11 positions, 84% of it in the top five: General Electric (34%), Visa Inc-Class A Shares (20%), Moody's (12%), S&P Global (11%) and Canadian Pacific Kansas City (7.4%). In Q2 2026 it opened 2 new positions, added to 1 and sold out of 1. At today's prices that book is down 1.5% since the quarter closed. 13F filings arrive up to 45 days after the quarter ends and cover long US-listed positions only, so they show where the money was, not where it is now; this is educational analysis, not investment advice.
Q2 2026 13F, filed Aug 14, 2026. Prices as of Oct 23, 2026. Refreshed weekly from SEC EDGAR.
How big is TCI Fund Management's stock portfolio?
From the Q2 2026 13F, filed Aug 14, 2026. Prices are today's, so "since quarter-end" is how the book as filed has done since.
What does TCI Fund Management own?
The positions in its Q2 2026 13F, largest first. "This site's filters" is how many of this site's 8 value filters the stock passes; a stock this site tracks links to its own analysis.
| Stock | Weight | Size | Shares vs. last quarter | Quarters held | Since quarter-end | This site's filters |
|---|---|---|---|---|---|---|
| GEGeneral Electric | 33.6% | $17.7B47.4M shares | -0% | 8+ | -21.5% | 3/8 |
| VVisa Inc-Class A Shares | 19.8% | $10.5B30.5M shares | +0% | 8+ | +20.8% | 2/8 |
| MCOMoody's Corp | 12.3% | $6.5B14.3M shares | 0% | 8+ | +8.4% | 2/8 |
| SPGIS&P Global Inc | 10.9% | $5.7B14.1M shares | +0% | 8+ | +11.3% | 3/8 |
| CPCanadian Pacific Kansas City | 7.4% | $3.9B45.3M shares | -3% | 8+ | +4.6% | n/a |
| GOOGAlphabet Inc | 6.7% | $3.5B9.9M shares | +12% | 8+ | -9.2% | n/a |
| n/aFerrovial NV | 2.7% | $1.4B20.9M shares | +1% | 8+ | n/a | n/a |
| CNICanadian Natl Railway Co | 2.1% | $1.1B9.4M shares | -4% | 8+ | +4.8% | n/a |
| GOOGLAlphabet Inc | 1.7% | $878M2.5M shares | 0% | 2 | -9.3% | 5/8 |
| MLMMartin Marietta Materials | 1.4% | $758M1.3M shares | New | 1 | -10.2% | 4/8 |
| VMCVulcan Materials Co | 1.4% | $722M2.4M shares | New | 1 | -8.9% | 4/8 |
What did Chris Hohn buy and sell in Q2 2026?
Compared with Q1 2026. A position counts as added or trimmed when its share count moved by 5% or more.
How has TCI Fund Management's portfolio changed over time?
The reported stock book each quarter. It includes market moves as well as buying and selling.
| Quarter | Stock book | Positions | Change |
|---|---|---|---|
| Q3 2024 | $44.0B | 10 | n/a |
| Q4 2024 | $42.4B | 10 | -3.6% |
| Q1 2025 | $43.4B | 10 | +2.3% |
| Q2 2025 | $50.7B | 10 | +16.9% |
| Q3 2025 | $52.7B | 9 | +3.9% |
| Q4 2025 | $53.6B | 9 | +1.8% |
| Q1 2026 | $45.2B | 10 | -15.8% |
| Q2 2026 | $52.8B | 11 | +16.8% |
Frequently asked questions about TCI Fund Management
What does TCI Fund Management own?
TCI Fund Management's Q2 2026 13F lists 11 positions worth $52.8B. The largest are General Electric (34%), Visa Inc-Class A Shares (20%), Moody's (12%), S&P Global (11%) and Canadian Pacific Kansas City (7.4%), together 84% of the book. The full table is above; each stock this site tracks links to its own analysis.
What did Chris Hohn buy and sell in Q2 2026?
Compared with Q1 2026, TCI Fund Management opened 2 new positions (MLM and VMC), added to 1 and sold out of 1 (MSFT). A position counts as added or trimmed when its share count moved by 5% or more.
How concentrated is TCI Fund Management's portfolio?
The top position is 34% of the book, the top five 84% and the top ten 99%, across 11 positions. Estimated turnover last quarter was 6% of the book.
When does TCI Fund Management file its next 13F?
Managers file within 45 days after each quarter ends. For the quarter ending Sep 30, 2026, the deadline is about Nov 16, 2026 (a weekend deadline moves to the next business day). This page updates when the filing is on EDGAR.
Can you see Chris Hohn's cost basis or profit?
No. A 13F lists positions at quarter-end, not what was paid or when, and it excludes shorts and non-US holdings. This page shows each stock's price change since the quarter closed (the whole book as filed is -1.5%, with 97% of it priced) and since the position first appeared, which is a rough read and not their profit.
Where does this data come from?
- Holdings: TCI Fund Management's Form 13F-HR filings, listed on SEC EDGAR; the latest, filed Aug 14, 2026, is here. The Q2 2026 book was filed Aug 14, 2026.
- Prices and tickers: today's prices are from Finnhub, matched to each filing's securities with OpenFIGI; "since quarter-end" compares today's price with the price implied by the filing (value divided by shares).
- Limits: a 13F covers long US-listed positions only, up to 45 days after the quarter ends: no shorts, no cost basis, no trades inside the quarter. Read the Editorial Standards for how this site treats filings, and Form 13F in the glossary.
About this page
This page lists everything in TCI Fund Management's latest Form 13F (Chris Hohn): every position, what changed last quarter and how the stocks have moved since. Every figure comes from SEC filings and is refreshed weekly; read the Editorial Standards for the rules, or open Superinvestors to compare all 25 investors. Educational content only, not investment advice.