Chris Hohn – TCI Fund Management Portfolio Activity & Recent Trades (Jun 30, 2025)
As of Jun 30, 2025, the TCI Fund Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Aug 14, 2025. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.
During Q2 2025, the filing reported:
New Buys – None reported
Increases – Visa Inc. (V), S&P Global Inc. (SPGI), Microsoft Corporation (MSFT), Ferrovial (FER.MC), Moody's Corporation (MCO)
Reductions – GE Aerospace (GE), Alphabet Inc. (GOOG), Alphabet Inc. (GOOGL), Canadian Pacific Kansas City Li (CP), Canadian National Railway Compa (CNI)
Complete Exits – None reported
These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.
TCI Fund Management Activity
| Date | Symbol | Type | Quantity |
|---|---|---|---|
Q2 2024Jun 30, 2024 | TMO Thermo Fisher Scientific Inc | Sell - Position Exit | -1,517,639-100.0% |
Q1 2024Mar 31, 2024 | GE GE Aerospace | Buy | +5,159,139+12.4% |
Q1 2024Mar 31, 2024 | GOOGL Alphabet Inc. | Buy | +1,053,191+669.1% |
Q1 2024Mar 31, 2024 | MCO Moody's Corporation | Buy | +149,300+1.2% |
Q1 2024Mar 31, 2024 | MSFT Microsoft Corporation | Sell | -106,275-1.0% |
Q1 2024Mar 31, 2024 | FERG Ferguson | Sell - Position Exit | -436,695-100.0% |
Q1 2024Mar 31, 2024 | CNI Canadian National Railway Compa | Sell | -583,928-1.5% |
Q1 2024Mar 31, 2024 | CP Canadian Pacific Kansas City Li | Sell | -601,100-1.1% |
Q1 2024Mar 31, 2024 | TMO Thermo Fisher Scientific Inc | Sell | -1,628,743-51.8% |
Q4 2023Dec 31, 2023 | MSFT Microsoft Corporation | Buy - Position Entry | +10,638,165 |
Q4 2023Dec 31, 2023 | MCO Moody's Corporation | Buy | +1,678,594+16.2% |
Q4 2023Dec 31, 2023 | GOOGL Alphabet Inc. | Buy - Position Entry | +157,400 |
Q4 2023Dec 31, 2023 | SPGI S&P Global Inc. | Sell | -26,000-0.3% |
Q4 2023Dec 31, 2023 | TMO Thermo Fisher Scientific Inc | Sell | -46,800-1.5% |
Q4 2023Dec 31, 2023 | FERG Ferguson | Sell | -53,974-11.0% |
Q4 2023Dec 31, 2023 | CP Canadian Pacific Kansas City Li | Sell | -346,000-0.6% |
Q4 2023Dec 31, 2023 | CNI Canadian National Railway Compa | Sell | -816,640-2.0% |
Q3 2023Sep 30, 2023 | TMO Thermo Fisher Scientific Inc | Buy | +20,000+0.6% |
Q3 2023Sep 30, 2023 | MCO Moody's Corporation | Sell | -149,300-1.4% |
Q3 2023Sep 30, 2023 | SPGI S&P Global Inc. | Sell | -271,000-2.9% |
Q3 2023Sep 30, 2023 | V Visa Inc. | Sell | -988,982-5.6% |
Q3 2023Sep 30, 2023 | GOOG Alphabet Inc. | Sell | -1,575,400-8.5% |
Q3 2023Sep 30, 2023 | MSFT Microsoft Corporation | Sell - Position Exit | -11,845,241-100.0% |
Q2 2023Jun 30, 2023 | CP Canadian Pacific Kansas City Li | Buy - Position Entry | +55,860,385 |
Q2 2023Jun 30, 2023 | GE GE Aerospace | Buy | +15,537,329+59.5% |
Q2 2023Jun 30, 2023 | CNI Canadian National Railway Compa | Buy | +4,189,128+11.4% |
Q2 2023Jun 30, 2023 | TMO Thermo Fisher Scientific Inc | Buy | +2,339,032+280.4% |
Q2 2023Jun 30, 2023 | FERG Ferguson | Buy - Position Entry | +490,669 |
Q2 2023Jun 30, 2023 | MCO Moody's Corporation | Buy | +150,838+1.5% |
Q2 2023Jun 30, 2023 | V Visa Inc. | Sell | -1,505,652-7.8% |