TCI Fund Management (Hohn)
Tier 1 · documented long-term recordQuality compounderActivist
~18% net CAGR 2004–2022+, +9pp (private LP, well-attested).
Positions
10
as of Q1 2026
Top-5 concentration
85%
of equity portfolio
Latest filing
Q1 2026
13F report date
Reported holdings long US equity, by weight
| Ticker | Sector | Weight | Value | Change |
|---|---|---|---|---|
| GE GE AEROSPACE | Information Technology | 29.8% | $13.48B | HOLD |
| V VISA INC | Industrials | 20.4% | $9.21B | ADD |
| MCO MOODYS CORP | Industrials | 13.8% | $6.25B | ADD |
| SPGI S&P GLOBAL INC | Industrials | 13.2% | $5.97B | ADD |
| CP CANADIAN PACIFIC KANSAS CITY | Industrials | 8.1% | $3.66B | TRIM |
| GOOG ALPHABET INC | Information Technology | 5.6% | $2.54B | ADD |
| — FERROVIAL SE | — | 2.9% | $1.33B | HOLD |
| CNI CANADIAN NATL RY CO | Industrials | 2.2% | $1.01B | HOLD |
| MSFT MICROSOFT CORP | Information Technology | 2.2% | $1.01B | TRIM |
| GOOGL ALPHABET INC | Information Technology | 1.6% | $707M | NEW |
Weights are share of the manager’s reported long US-equity portfolio (13F). Options, bonds, and non-US/private holdings aren’t reported here. “Change” vs the prior reported quarter.