Chris Hohn's Top Holdings: Analysis of TCI Fund Management Portfolio

Chris Hohn, through his investment firm TCI Fund Management, maintains a diverse portfolio as of March 31, 2026. His top holdings reflect a strategic focus on established corporations across various sectors, with a significant allocation to companies like Visa and Moody's.

The largest position in Hohn's portfolio is held by Visa Inc (V), a global leader in digital payments. The fund holds over 30 million shares of the Financial Services company, representing approximately 20.39% of the total portfolio value. This stake has seen an increase of 9.9% in shares compared to the previous period, indicating a growing confidence in the company's prospects. For more details on Visa, you can visit Visa's profile.

Another major holding is Moody's Corporation (MCO), another player in the Financial Services sector. TCI Fund Management owns nearly 14.3 million shares, accounting for 13.84% of the portfolio. The investment has grown by 7.71% in terms of shares during the prior period, suggesting continued interest in the credit rating agency. Learn more about Moody's at Moody's profile.

S&P Global Inc (SPGI) is the third-largest holding, making up 13.22% of the portfolio. The fund holds around 14 million shares of this diversified information services company. Notably, the share count for S&P Global has increased by a substantial 19.04% recently, highlighting a significant upward adjustment in Hohn's investment strategy towards this stock. Find out more about S&P Global here: S&P Global profile.

The fourth-largest position is held by Canadian Pacific Kansas City (CP), a company in the Industrials sector. TCI Fund Management owns over 46.5 million shares of this railway operator, representing 8.1% of the portfolio. However, there has been a slight reduction in the holding, with a 2.38% decrease in shares during the prior period. More information on CP is available at CP profile.

Among the other significant holdings, TCI Fund Management also holds substantial stakes in technology and communication services giants. The fund owns Alphabet Inc. (GOOG) shares, representing 5.62% of the portfolio, with a recent increase of 16.55% in the share count. Additionally, a separate but related holding exists in Alphabet Inc. (GOOGL), accounting for 1.56% of the portfolio, which has seen a decrease of 22.13% in shares. For details on GOOG, visit GOOG profile. For GOOGL, see GOOGL profile.

Microsoft Corporation (MSFT) is another notable position, holding 2.24% of the portfolio. However, this holding has undergone a dramatic change, with the share count decreasing by a significant 83.74% compared to the previous period. You can explore Microsoft's investment profile here: MSFT profile.

To understand the full scope of Chris Hohn's investment strategy and TCI Fund Management's holdings, you can visit the investor profile at TCI Fund Management. These top holdings provide insight into the sectors and companies favored by this prominent investor as of March 31, 2026.