Chris Hohn's TCI Fund Management Portfolio Shows Significant Shifts in Top Holdings During Q1 2026

As of March 31, 2026, Chris Hohn's portfolio managed by TCI Fund Management holds a substantial value of approximately $45.2 billion. Analysis of the top holdings reveals notable quarterly trends in share counts.

Visa (V) stands as the largest holding, comprising 20.39% of the portfolio. The position saw a significant increase of 9.9% in shares during the most recent quarterly period, adding to its substantial value of $9.21 billion. Moody's Corporation (MCO) also increased its position, with a 7.71% rise in shares and a portfolio allocation of 13.84%. S&P Global Inc. (SPGI) experienced the most substantial percentage increase, with shares growing by 19.04% and representing 13.22% of the portfolio.

Conversely, Microsoft Corporation (MSFT) showed a dramatic decrease, with shares falling by 83.74% during the period, reducing its portfolio allocation to 2.24%. This represents a significant reduction in the fund's exposure to the technology giant. Another Alphabet Inc. stock, GOOGL, also decreased, with a 22.13% reduction in shares, lowering its allocation to 1.56%. However, the other Alphabet Inc. stock, GOOG, saw an increase of 16.55% in shares, maintaining its 5.62% allocation.

Canadian Pacific Kansas City (CP), a holding in the Industrials sector, experienced a slight decrease in its share count by 2.38%. Other positions not listed in the top holdings may also have changed, but these are the primary movements observed in the portfolio during the most recent quarter.

For more detailed information on Chris Hohn's investment activities, visit TCI Fund Management's profile. Detailed analysis of each stock holding, including Visa (V), Moody's (MCO), S&P Global (SPGI), Canadian Pacific (CP), Alphabet (GOOG, GOOGL), and Microsoft (MSFT), can be found at their respective pages: Visa, Moody's, S&P Global, Canadian Pacific, Alphabet (GOOG), Alphabet (GOOGL), and Microsoft.