Chris Hohn - TCI Fund Management 13F Activity & Position Changes (Q2 2023)

According to the SEC 13F filed on Aug 14, 2023, the TCI Fund Management portfolio showed several notable changes in holdings as of quarter-end Jun 30, 2023. 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 2023, the filing reported:

New Buys - Canadian Pacific Kansas City Li, Ferguson

Increases - Canadian National Railway Compa, GE Aerospace, Moody's Corporation, Thermo Fisher Scientific Inc

Reductions - Alphabet Inc., Microsoft Corporation, Visa Inc.

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.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q2 2023	CNI Canadian National Railway Compa	Canadian National Railway Compa	Buy	+4,189,128	+11.4%	$4.95B	40,888,953
Q2 2023	CP Canadian Pacific Kansas City Li	Canadian Pacific Kansas City Li	Buy - Position Entry	+55,860,385	-	$4.51B	55,860,385
Q2 2023	FERG Ferguson	Ferguson	Buy - Position Entry	+490,669	-	$77.19M	490,669
Q2 2023	GE GE Aerospace	GE Aerospace	Buy	+15,537,329	+59.5%	$4.58B	41,650,076
Q2 2023	GOOG Alphabet Inc.	Alphabet Inc.	Sell	-5,026,006	-21.4%	$2.24B	18,502,456
Q2 2023	MCO Moody's Corporation	Moody's Corporation	Buy	+150,838	+1.5%	$3.66B	10,520,317
Q2 2023	MSFT Microsoft Corporation	Microsoft Corporation	Sell	-3,453,947	-22.6%	$4.03B	11,845,241
Q2 2023	TMO Thermo Fisher Scientific Inc	Thermo Fisher Scientific Inc	Buy	+2,339,032	+280.4%	$1.66B	3,173,182
Q2 2023	V Visa Inc.	Visa Inc.	Sell	-1,505,652	-7.8%	$4.22B	17,786,169