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 |
|---|---|---|---|
Q3 2020Sep 30, 2020 | MA Mastercard Incorporated | Sell - Position Exit | -97,450-100.0% |
Q3 2020Sep 30, 2020 | MSFT Microsoft Corporation | Sell | -140,941-1.0% |
Q3 2020Sep 30, 2020 | CNI Canadian National Railway Compa | Sell | -200,105-1.0% |
Q3 2020Sep 30, 2020 | MCO Moody's Corporation | Sell | -239,750-3.5% |
Q3 2020Sep 30, 2020 | RTX RTX Corporation | Sell - Position Exit | -11,551,993-100.0% |
Q2 2020Jun 30, 2020 | RTX RTX Corporation | Buy - Position Entry | +11,551,993 |
Q2 2020Jun 30, 2020 | VNO Vornado Realty Trust | Buy - Position Entry | +4,189,142 |
Q2 2020Jun 30, 2020 | V Visa Inc. | Buy | +3,853,636+52.3% |
Q2 2020Jun 30, 2020 | BXP BXP, Inc. | Buy - Position Entry | +1,540,193 |
Q2 2020Jun 30, 2020 | MSFT Microsoft Corporation | Buy | +458,722+3.3% |
Q2 2020Jun 30, 2020 | CNI Canadian National Railway Compa | Buy | +90,469+0.4% |
Q2 2020Jun 30, 2020 | UNP Union Pacific Corporation | Buy | +11,895+0.2% |
Q2 2020Jun 30, 2020 | MCO Moody's Corporation | Sell | -19,456-0.3% |
Q2 2020Jun 30, 2020 | GOOG Alphabet Inc. | Sell | -114,701-3.7% |
Q2 2020Jun 30, 2020 | ELV Elevance Health, Inc. | Sell - Position Exit | -861,377-100.0% |
Q1 2020Mar 31, 2020 | V Visa Inc. | Buy | +6,178,207+522.0% |
Q1 2020Mar 31, 2020 | MSFT Microsoft Corporation | Buy | +3,316,986+31.1% |
Q1 2020Mar 31, 2020 | UNP Union Pacific Corporation | Buy | +991,863+19.8% |
Q1 2020Mar 31, 2020 | MCO Moody's Corporation | Buy | +789,784+13.1% |
Q1 2020Mar 31, 2020 | SPGI S&P Global Inc. | Buy | +442,532+22.3% |
Q1 2020Mar 31, 2020 | CNI Canadian National Railway Compa | Buy | +430,988+2.1% |
Q1 2020Mar 31, 2020 | CHTR Charter Communications, Inc. | Buy | +270,500+2.7% |
Q1 2020Mar 31, 2020 | MA Mastercard Incorporated | Buy - Position Entry | +97,450 |
Q1 2020Mar 31, 2020 | AMZN Amazon.com, Inc. | Buy - Position Entry | +5,700 |
Q1 2020Mar 31, 2020 | GOOG Alphabet Inc. | Sell | -20,813-0.7% |
Q1 2020Mar 31, 2020 | TDG Transdigm Group Incorporated | Sell - Position Exit | -86,480-100.0% |
Q1 2020Mar 31, 2020 | ADSK Autodesk, Inc. | Sell | -108,000-95.6% |
Q1 2020Mar 31, 2020 | NOC Northrop Grumman Corporation | Sell - Position Exit | -173,700-100.0% |
Q1 2020Mar 31, 2020 | ELV Elevance Health, Inc. | Sell | -3,138,793-78.5% |
Q4 2019Dec 31, 2019 | CNI Canadian National Railway Compa | Buy | +1,378,200+7.2% |