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

As of Jun 30, 2023, the TCI Fund Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Aug 14, 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