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

According to the SEC 13F filed on Feb 14, 2025, the TCI Fund Management portfolio showed several notable changes in holdings as of quarter-end Dec 31, 2024. 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