Chris Hohn - TCI Fund Management 13F Activity & Position Changes (Q2 2020)

According to the SEC 13F filed on Aug 14, 2026, the TCI Fund Management portfolio showed several notable changes in holdings as of quarter-end Jun 30, 2020. 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 2020, the filing reported:

New Buys - BXP, Inc., RTX Corporation, Vornado Realty Trust

Increases - Canadian National Railway Compa, Microsoft Corporation, Union Pacific Corporation, Visa Inc.

Reductions - Alphabet Inc., Moody's Corporation

Complete Exits - Elevance Health, Inc.

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q2 2020	BXP BXP, Inc.	BXP, Inc.	Buy - Position Entry	+1,540,193	-	$139.20K	1,540,193
Q2 2020	CNI Canadian National Railway Compa	Canadian National Railway Compa	Buy	+90,469	+0.4%	$1.86M	21,002,370
Q2 2020	ELV Elevance Health, Inc.	Elevance Health, Inc.	Sell - Position Exit	-861,377	-100.0%	$0.00	-
Q2 2020	GOOG Alphabet Inc.	Alphabet Inc.	Sell	-114,701	-3.7%	$4.22M	2,984,174
Q2 2020	MCO Moody's Corporation	Moody's Corporation	Sell	-19,456	-0.3%	$1.87M	6,793,240
Q2 2020	MSFT Microsoft Corporation	Microsoft Corporation	Buy	+458,722	+3.3%	$2.94M	14,455,440
Q2 2020	RTX RTX Corporation	RTX Corporation	Buy - Position Entry	+11,551,993	-	$711.83K	11,551,993
Q2 2020	UNP Union Pacific Corporation	Union Pacific Corporation	Buy	+11,895	+0.2%	$1.02M	6,016,539
Q2 2020	V Visa Inc.	Visa Inc.	Buy	+3,853,636	+52.3%	$2.17M	11,215,385
Q2 2020	VNO Vornado Realty Trust	Vornado Realty Trust	Buy - Position Entry	+4,189,142	-	$160.07K	4,189,142