Chris Hohn – TCI Fund Management Portfolio Activity & Recent Trades (Jun 30, 2025)
As of Jun 30, 2025, the TCI Fund Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Aug 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 Q2 2025, the filing reported:
New Buys – None reported
Increases – Visa Inc. (V), S&P Global Inc. (SPGI), Microsoft Corporation (MSFT), Ferrovial (FER.MC), Moody's Corporation (MCO)
Reductions – GE Aerospace (GE), Alphabet Inc. (GOOG), Alphabet Inc. (GOOGL), Canadian Pacific Kansas City Li (CP), Canadian National Railway Compa (CNI)
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.
TCI Fund Management Activity
| Date | Symbol | Type | Quantity |
|---|---|---|---|
Q2 2023Jun 30, 2023 | MSFT Microsoft Corporation | Sell | -3,453,947-22.6% |
Q2 2023Jun 30, 2023 | GOOG Alphabet Inc. | Sell | -5,026,006-21.4% |
Q1 2023Mar 31, 2023 | GE GE Aerospace | Buy - Position Entry | +26,112,747 |
Q1 2023Mar 31, 2023 | MCO Moody's Corporation | Buy | +1,157,192+12.6% |
Q1 2023Mar 31, 2023 | TMO Thermo Fisher Scientific Inc | Buy | +770,380+1208.1% |
Q1 2023Mar 31, 2023 | SPGI S&P Global Inc. | Buy | +145,038+1.6% |
Q1 2023Mar 31, 2023 | UNP Union Pacific Corporation | Sell - Position Exit | -5,191-100.0% |
Q1 2023Mar 31, 2023 | V Visa Inc. | Sell | -645,000-3.2% |
Q1 2023Mar 31, 2023 | MSFT Microsoft Corporation | Sell | -6,969,763-31.3% |
Q1 2023Mar 31, 2023 | GOOGL Alphabet Inc. | Sell - Position Exit | -15,961,420-100.0% |
Q1 2023Mar 31, 2023 | GOOG Alphabet Inc. | Sell | -31,012,228-56.9% |
Q4 2022Dec 31, 2022 | MSFT Microsoft Corporation | Buy | +2,391,274+12.0% |
Q4 2022Dec 31, 2022 | GOOG Alphabet Inc. | Buy | +2,109,900+4.0% |
Q4 2022Dec 31, 2022 | MCO Moody's Corporation | Buy | +966,080+11.7% |
Q4 2022Dec 31, 2022 | SPGI S&P Global Inc. | Buy | +416,252+4.7% |
Q4 2022Dec 31, 2022 | TMO Thermo Fisher Scientific Inc | Buy - Position Entry | +63,770 |
Q4 2022Dec 31, 2022 | BXP BXP, Inc. | Sell - Position Exit | -5,220,997-100.0% |
Q4 2022Dec 31, 2022 | UNP Union Pacific Corporation | Sell | -5,528,907-99.9% |
Q3 2022Sep 30, 2022 | GOOG Alphabet Inc. | Buy | +49,955,003+2017.7% |
Q3 2022Sep 30, 2022 | GOOGL Alphabet Inc. | Buy | +15,193,399+1978.3% |
Q3 2022Sep 30, 2022 | UNP Union Pacific Corporation | Buy | +281,950+5.4% |
Q3 2022Sep 30, 2022 | MSFT Microsoft Corporation | Buy | +248,642+1.3% |
Q3 2022Sep 30, 2022 | V Visa Inc. | Buy | +12,700+0.1% |
Q3 2022Sep 30, 2022 | LRCX Lam Research Corporation | Sell - Position Exit | -89,545-100.0% |
Q3 2022Sep 30, 2022 | KLAC KLA Corporation | Sell - Position Exit | -155,441-100.0% |
Q3 2022Sep 30, 2022 | AMAT Applied Materials, Inc. | Sell - Position Exit | -1,897,488-100.0% |
Q3 2022Sep 30, 2022 | BXP BXP, Inc. | Sell | -5,343,499-50.6% |
Q2 2022Jun 30, 2022 | MSFT Microsoft Corporation | Buy | +2,364,269+13.7% |
Q2 2022Jun 30, 2022 | SPGI S&P Global Inc. | Buy | +1,945,249+28.5% |
Q2 2022Jun 30, 2022 | AMAT Applied Materials, Inc. | Buy - Position Entry | +1,897,488 |