Chris Hohn - TCI Fund Management 13F Activity & Position Changes (Q4 2023)

According to the SEC 13F filed on Feb 14, 2024, the TCI Fund Management portfolio showed several notable changes in holdings as of quarter-end Dec 31, 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 Q4 2023, the filing reported:

New Buys - Alphabet Inc., Microsoft Corporation

Increases - Moody's Corporation

Reductions - Canadian National Railway Compa, Canadian Pacific Kansas City Li, Ferguson, S&P Global Inc., Thermo Fisher Scientific 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
Q4 2023	CNI Canadian National Railway Compa	Canadian National Railway Compa	Sell	-816,640	-2.0%	$5.04B	40,072,313
Q4 2023	CP Canadian Pacific Kansas City Li	Canadian Pacific Kansas City Li	Sell	-346,000	-0.6%	$4.39B	55,514,385
Q4 2023	FERG Ferguson	Ferguson	Sell	-53,974	-11.0%	$84.31M	436,695
Q4 2023	GOOGL Alphabet Inc.	Alphabet Inc.	Buy - Position Entry	+157,400	-	$21.99M	157,400
Q4 2023	MCO Moody's Corporation	Moody's Corporation	Buy	+1,678,594	+16.2%	$4.71B	12,049,611
Q4 2023	MSFT Microsoft Corporation	Microsoft Corporation	Buy - Position Entry	+10,638,165	-	$4.00B	10,638,165
Q4 2023	SPGI S&P Global Inc.	S&P Global Inc.	Sell	-26,000	-0.3%	$3.98B	9,032,611
Q4 2023	TMO Thermo Fisher Scientific Inc	Thermo Fisher Scientific Inc	Sell	-46,800	-1.5%	$1.67B	3,146,382