Chris Hohn - TCI Fund Management 13F Activity & Position Changes (Q4 2024)

As of Dec 31, 2024, the TCI Fund Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Feb 14, 2025. 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 2024, the filing reported:

New Buys - None reported

Increases - Ferrovial, Microsoft Corporation

Reductions - Canadian National Railway Compa, GE Aerospace, Alphabet 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 2024	CNI Canadian National Railway Compa	Canadian National Railway Compa	Sell	-5,743,513	-16.2%	$3.01B	29,693,764
Q4 2024	FER.MC Ferrovial	Ferrovial	Buy	+238,184	+1.2%	$812.72M	19,333,428
Q4 2024	GE GE Aerospace	GE Aerospace	Sell	-2,180,500	-4.5%	$7.67B	45,999,876
Q4 2024	GOOG Alphabet Inc.	Alphabet Inc.	Sell	-420,000	-2.5%	$3.14B	16,507,056
Q4 2024	MSFT Microsoft Corporation	Microsoft Corporation	Buy	+2,003,047	+16.7%	$5.90B	13,993,637