Chris Hohn - TCI Fund Management Portfolio
| Period Date | Mar 31, 2025 | |
| Filing Date | May 15, 2025 | |
| Total Stocks | 10 | |
| Portfolio Value | $43.37B |
TCI Fund Management Strategy Analysis
Investment Strategy Metrics
Key metrics revealing investment style, risk management, and performance characteristics
| Metric | Value | Category | Description |
|---|---|---|---|
| Holding Period | 5.1 years | Style | Average duration positions are maintained |
| Position Count | 15 | Style | Number of active positions in portfolio |
| Position Size | 11.9% | Risk | Typical allocation per position |
| Win Rate | 62.9% | Performance | Percentage of profitable positions |
| Average Return | 3513.9% | Performance | Mean return across positions |
| Sharpe Ratio | 0.18 | Performance | Return per unit of risk taken |
Investment Case Study: GE AEROSPACE (GE)
6/30/2024 - 8/4/2025
Performance Metrics
Total Return: 1.76%
Holding Period: 400 days
Max Position Size: $9,521,325,042.00
Position Weight: 19.59%
Key Events
6/30/2024: INCREASE(1,371,161.00 shares) @ $158.97
12/31/2024: DECREASE(-2,180,500.00 shares) @ $166.79
3/31/2025: INCREASE(1,571,071.00 shares) @ $200.15
Investment Thesis
Entry Context: Initial position established based on fundamental analysis
Sector Conditions: Favorable market conditions in the sector
Risk Factors:
- Market volatility
- Sector-specific risks
Key Learnings
- Position sizing is critical for portfolio management
- Important to monitor sector exposure