Chris Hohn - TCI Fund Management Ltd

Period:    Q1 2026
Portfolio date:    31 Mar 2026
No. of stocks:    10
Portfolio value:    $45,170,870,798

Holdings Activity Buys Sells History

History	Stock	Activity ▼	Share change	% change to portfolio
	Q1 2026
☰	SPGI - S&P Global Inc.	Add 19.04%	2,245,000	2.11
☰	GOOG - Alphabet Inc. CL C	Add 16.55%	1,257,200	0.80
☰	V - Visa Inc.	Add 9.90%	2,743,900	1.84
☰	MCO - Moody's Corp.	Add 7.71%	1,025,548	0.99
☰	GOOGL - Alphabet Inc.	Buy	2,457,000	1.56
	Q4 2025
☰	FER - Ferrovial Se	Add 6.52%	1,269,548	0.15
☰	SPGI - S&P Global Inc.	Add 5.37%	600,440	0.58
☰	MSFT - Microsoft Corp.	Add 1.14%	189,749	0.17
	Q3 2025
☰	V - Visa Inc.	Add 47.15%	8,989,793	5.83
☰	SPGI - S&P Global Inc.	Add 0.89%	98,247	0.09
☰	MCO - Moody's Corp.	Add 0.46%	61,500	0.06
	Q2 2025
☰	V - Visa Inc.	Add 14.61%	2,429,996	1.70
☰	SPGI - S&P Global Inc.	Add 7.05%	730,354	0.76
☰	MSFT - Microsoft Corp.	Add 1.53%	265,350	0.26
☰	FER - Ferrovial Se	Add 0.71%	137,238	0.01
☰	MCO - Moody's Corp.	Add 0.64%	83,872	0.08
	Q1 2025
☰	MSFT - Microsoft Corp.	Add 23.63%	3,306,244	2.86
☰	GE - GE Aerospace	Add 3.42%	1,571,071	0.72
	Q4 2024
☰	MSFT - Microsoft Corp.	Add 16.71%	2,003,047	1.99
☰	FER - Ferrovial Se	Add 1.25%	238,184	0.02
	Q3 2024
☰	MSFT - Microsoft Corp.	Add 13.85%	1,458,700	1.43
	Q2 2024
☰	GOOGL - Alphabet Inc.	Add 397.89%	4,816,819	2.14
☰	SPGI - S&P Global Inc.	Add 15.14%	1,367,466	1.49
☰	MCO - Moody's Corp.	Add 8.59%	1,047,858	1.08
☰	GE - GE Aerospace	Add 2.93%	1,371,161	0.53
☰	FER - Ferrovial Se	Buy	19,095,244	1.81
	Q1 2024
☰	GOOGL - Alphabet Inc.	Add 669.12%	1,053,191	0.40
☰	GE - GE Aerospace	Add 12.39%	5,159,139	2.28
☰	MCO - Moody's Corp.	Add 1.24%	149,300	0.15
	Q4 2023
☰	MCO - Moody's Corp.	Add 16.19%	1,678,594	1.82
☰	MSFT - Microsoft Corp.	Buy	10,638,165	11.12
☰	GOOGL - Alphabet Inc.	Buy	157,400	0.06
	Q3 2023
☰	TMO - Thermo Fisher Scientific	Add 0.63%	20,000	0.04
	Q2 2023
☰	TMO - Thermo Fisher Scientific	Add 280.41%	2,339,032	3.63
☰	GE - GE Aerospace	Add 59.50%	15,537,329	5.07
☰	CNI - Canadian Natl Railway Co.	Add 11.41%	4,189,128	1.51
☰	MCO - Moody's Corp.	Add 1.45%	150,838	0.16
☰	CP - Canadian Pacific Kansas City Ltd.	Buy	55,860,385	13.41
☰	FERG - Ferguson Enterprises Inc.	Buy	490,669	0.23
	Q1 2023
☰	TMO - Thermo Fisher Scientific	Add 1,208.06%	770,380	1.78
☰	MCO - Moody's Corp.	Add 12.56%	1,157,192	1.42
☰	SPGI - S&P Global Inc.	Add 1.58%	145,038	0.20
☰	GE - GE Aerospace	Buy	26,112,747	10.02
	Q4 2022
☰	MSFT - Microsoft Corp.	Add 12.03%	2,391,274	2.23
☰	MCO - Moody's Corp.	Add 11.72%	966,080	1.04
☰	SPGI - S&P Global Inc.	Add 4.75%	416,252	0.54
☰	GOOG - Alphabet Inc. CL C	Add 4.02%	2,109,900	0.73
☰	TMO - Thermo Fisher Scientific	Buy	63,770	0.14
	Q3 2022
☰	GOOG - Alphabet Inc. CL C	Add 2,017.74%	49,955,003	19.33
☰	GOOGL - Alphabet Inc.	Add 1,978.25%	15,193,399	5.84
☰	UNP - Union Pacific	Add 5.37%	281,950	0.22
☰	MSFT - Microsoft Corp.	Add 1.27%	248,642	0.23
☰	V - Visa Inc.	Add 0.06%	12,700	0.01
	Q2 2022
☰	GOOGL - Alphabet Inc.	Add 34.03%	195,000	1.53
☰	SPGI - S&P Global Inc.	Add 28.51%	1,945,249	2.37
☰	MSFT - Microsoft Corp.	Add 13.69%	2,364,269	2.19
☰	MCO - Moody's Corp.	Add 13.18%	960,375	0.94
☰	GOOG - Alphabet Inc. CL C	Add 4.45%	105,447	0.83
☰	AMAT - Applied Materials	Buy	1,897,488	0.62
☰	KLAC - KLA Corp.	Buy	155,441	0.18
☰	LRCX - Lam Research	Buy	89,545	0.14
	Q1 2022
☰	SPGI - S&P Global Inc.	Add 82.08%	3,075,788	3.91
☰	MCO - Moody's Corp.	Add 11.02%	723,042	0.76
☰	MSFT - Microsoft Corp.	Add 3.49%	581,722	0.56
	Q4 2021
☰	INFO - Ihs Markit Ltd	Add 99.54%	3,821,464	1.26
☰	V - Visa Inc.	Add 15.82%	3,155,111	1.69
☰	UNP - Union Pacific	Add 7.42%	424,705	0.26
	Q3 2021
☰	ARE - Alexandria RE Equities Inc.	Add 540.71%	881,359	0.45
☰	V - Visa Inc.	Add 41.84%	5,881,421	3.45
☰	CNI - Canadian Natl Railway Co.	Add 21.89%	6,592,022	2.01
☰	BXP - BXP Inc.	Add 13.61%	1,556,357	0.44
☰	INFO - Ihs Markit Ltd	Buy	3,839,242	1.18
	Q2 2021
☰	CNI - Canadian Natl Railway Co.	Add 44.93%	9,334,385	2.75
☰	BXP - BXP Inc.	Add 30.60%	2,678,754	0.86
☰	CHTR - Charter Communications	Add 1.29%	132,549	0.27
☰	ARE - Alexandria RE Equities Inc.	Buy	163,000	0.08
☰	KRC - Kilroy Realty Corp.	Buy	120,083	0.02
	Q1 2021
☰	SPGI - S&P Global Inc.	Add 147.79%	3,491,166	4.08
☰	MSFT - Microsoft Corp.	Add 43.10%	6,168,906	4.82
☰	BXP - BXP Inc.	Add 4.68%	391,600	0.13
☰	MCO - Moody's Corp.	Add 0.14%	9,300	0.01
☰	KLAC - KLA Corp.	Buy	30,600	0.03
☰	LRCX - Lam Research	Buy	17,300	0.03
	Q4 2020
☰	BXP - BXP Inc.	Add 61.22%	3,175,236	1.13
	Q3 2020
☰	BXP - BXP Inc.	Add 236.76%	3,646,609	1.20
☰	VNO - Vornado Realty Trust	Add 136.96%	5,737,374	0.79
☰	V - Visa Inc.	Add 25.34%	2,842,505	2.32
	Q2 2020
☰	V - Visa Inc.	Add 52.35%	3,853,636	3.33
☰	MSFT - Microsoft Corp.	Add 3.28%	458,722	0.42
☰	CNI - Canadian Natl Railway Co.	Add 0.43%	90,469	0.04
☰	UNP - Union Pacific	Add 0.20%	11,895	0.01
☰	RTX - RTX Corp.	Buy	11,551,993	3.19
☰	VNO - Vornado Realty Trust	Buy	4,189,142	0.72
☰	BXP - BXP Inc.	Buy	1,540,193	0.62
	Q1 2020
☰	V - Visa Inc.	Add 522.01%	6,178,207	5.35
☰	RTN - Raytheon Co	Add 53.00%	3,612,379	2.55
☰	MSFT - Microsoft Corp.	Add 31.06%	3,316,986	2.82
☰	SPGI - S&P Global Inc.	Add 22.32%	442,532	0.58
☰	UNP - Union Pacific	Add 19.79%	991,863	0.75
☰	MCO - Moody's Corp.	Add 13.11%	789,784	0.90
☰	CHTR - Charter Communications	Add 2.66%	270,500	0.64
☰	CNI - Canadian Natl Railway Co.	Add 2.10%	430,988	0.18
☰	LINEUR - Linde Plc	Buy	167,130	0.16
☰	MA - Mastercard Inc.	Buy	97,450	0.13
☰	AMZN - Amazon.com Inc.	Buy	114,000	0.06
	Q4 2019
☰	RTN - Raytheon Co	Add 482.61%	5,645,834	6.24
☰	CNI - Canadian Natl Railway Co.	Add 7.21%	1,378,200	0.63
☰	UNP - Union Pacific	Add 2.66%	130,000	0.12
☰	NOC - Northrop Grumman Corp.	Buy	173,700	0.30
☰	TDG - TransDigm Group Inc.	Buy	86,480	0.24
☰	ADBE - Adobe Inc.	Buy	3,430	0.01
	Q3 2019
☰	V - Visa Inc.	Add 36.02%	313,442	0.32
☰	ELV - Elevance Health Inc.	Add 35.47%	1,068,512	1.52
☰	GOOGL - Alphabet Inc.	Add 12.42%	68,300	0.49
☰	UNVR - Univar Solutions Inc	Add 5.80%	914,900	0.11
☰	CHTR - Charter Communications	Add 4.72%	458,214	1.12
☰	UNP - Union Pacific	Add 3.28%	155,000	0.15
☰	GOOG - Alphabet Inc. CL C	Add 2.03%	70,541	0.51
☰	CNI - Canadian Natl Railway Co.	Add 0.58%	110,290	0.06
☰	RTN - Raytheon Co	Buy	1,169,860	1.36
☰	ADSK - Autodesk Inc.	Buy	113,000	0.10
	Q2 2019
☰	UNVR - Univar Inc	Add 335.85%	12,147,398	1.66
☰	GOOGL - Alphabet Inc.	Add 180.93%	354,040	2.38
☰	CNI - Canadian Natl Railway Co.	Add 47.71%	6,134,889	3.51
☰	GOOG - Alphabet Inc. CL C	Add 45.31%	1,083,919	7.26
☰	ELV - Elevance Health Inc.	Buy	3,012,085	5.26
☰	V - Visa Inc.	Buy	870,100	0.94
	Q1 2019
☰	CNI - Canadian Natl Railway Co.	Add 19.93%	2,137,051	1.44
☰	MCO - Moody's Corp.	Add 0.74%	44,235	0.06
☰	FOXA - Fox Corporation	Buy	11,050,164	3.06
☰	EFX - Equifax Inc.	Buy	1,634,083	1.46
☰	FOX - Fox Corporation CL B	Buy	3,516,883	0.95
☰	UNVR - Univar Inc	Buy	3,616,902	0.60
	Q4 2018
☰	LM09 - Liberty Media Corp Delaware	Add 815.92%	2,162,070	0.36
☰	CNI - Canadian Natl Railway Co.	Add 504.99%	8,948,483	3.56
☰	SPGI - S&P Global Inc.	Add 359.03%	1,596,335	1.46
☰	MCO - Moody's Corp.	Add 194.49%	3,948,485	2.97
☰	MSFT - Microsoft Corp.	Add 65.13%	8,605,697	4.70
☰	UNP - Union Pacific	Add 51.29%	2,610,091	1.94
☰	GOOGL - Alphabet Inc.	Add 13.14%	50,000	0.28
☰	GOOG - Alphabet Inc. CL C	Add 4.75%	126,300	0.70
	Q3 2018
☰	UNP - Union Pacific	Add 191.88%	3,345,294	3.02
☰	NSC - Norfolk Southern Corp.	Add 48.47%	1,225,366	1.22
☰	MCO - Moody's Corp.	Add 19.94%	337,569	0.31
☰	CNI - Canadian Natl Railway Co.	Buy	1,772,000	0.88
☰	PCG - PG&E Corp.	Buy	1,400,611	0.36
☰	LM09 - Liberty Media Corp Delaware	Buy	264,987	0.05
	Q2 2018
☰	UNP - Union Pacific	Add 2,321.43%	1,671,433	1.14
☰	NSC - Norfolk Southern Corp.	Add 325.96%	1,934,588	1.40
☰	NWS - News Corp. CL B	Add 91.74%	10,617,156	2.51
☰	NWS.A - Twenty First Centy Fox Inc	Add 60.11%	42,986,879	10.25
☰	CHTR - Charter Communications	Add 28.13%	2,987,140	4.20
☰	GOOG - Alphabet Inc. CL C	Add 17.50%	413,008	2.21
	Q1 2018
☰	TWX - Time Warner Inc	Add 2,268.67%	7,180,349	3.78
☰	NWS - News Corp. CL B	Add 897.56%	10,412,545	2.11
☰	NWS.A - Twenty First Centy Fox Inc	Add 864.44%	64,100,760	13.10
☰	MSFT - Microsoft Corp.	Add 71.23%	5,745,100	2.92
☰	GOOG - Alphabet Inc. CL C	Add 22.99%	441,115	2.53
☰	CHTR - Charter Communications	Add 6.98%	692,867	1.20
☰	SPGI - S&P Global Inc.	Add 6.72%	28,000	0.03
☰	MCO - Moody's Corp.	Add 1.96%	32,500	0.03
☰	MOO - Monsanto Co New	Buy	476,500	0.31
	Q4 2017
☰	GOOG - Alphabet Inc. CL C	Add 293.56%	1,431,050	9.29
☰	TWX - Time Warner Inc	Add 54.77%	112,000	0.06
☰	NSC - Norfolk Southern Corp.	Add 16.72%	85,000	0.08
☰	UNP - Union Pacific	Add 11.10%	64,200	0.05
☰	MSFT - Microsoft Corp.	Buy	8,065,349	4.28
☰	GOOGL - Alphabet Inc.	Buy	385,600	2.52
☰	NWS.A - Twenty First Centy Fox Inc	Buy	7,415,330	1.59
☰	NWS - News Corp. CL B	Buy	1,160,100	0.25
	Q3 2017
☰	UNP - Union Pacific	Add 189.25%	378,500	0.30
☰	NSC - Norfolk Southern Corp.	Add 79.68%	225,500	0.21
☰	MCO - Moody's Corp.	Add 10.09%	152,184	0.15
☰	CMCSA - Comcast Corp.	Add 0.41%	376,832	0.10
☰	GOOG - Alphabet Inc. CL C	Buy	487,477	3.23
☰	EFX - Equifax Inc.	Buy	50,000	0.04
	Q2 2017
☰	TWX - Time Warner Inc	Add 293.27%	152,500	0.11
☰	SPGI - S&P Global Inc.	Add 168.26%	307,800	0.34
☰	MCO - Moody's Corp.	Add 126.22%	841,370	0.77
☰	CHTR - Charter Communications	Add 9.23%	1,170,578	2.97
☰	CMCSA - Comcast Corp.	Add 0.79%	717,100	0.21
☰	AABA - Altaba Inc	Buy	85,923,952	35.26
☰	NSC - Norfolk Southern Corp.	Buy	283,000	0.26
☰	UNP - Union Pacific	Buy	200,000	0.16
	Q1 2017
☰	MCO - Moody's Corp.	Add 6,292.11%	656,141	0.63
☰	CMCSA - Comcast Corp.	Add 153.90%	55,067,681	17.68
☰	SPGI - S&P Global Inc.	Buy	182,929	0.20
☰	TWX - Time Warner Inc	Buy	52,000	0.04
	Q4 2016
☰	CMCSA - Comcast Corp.	Add 22.99%	6,688,445	4.86
☰	CHTR - Charter Communications	Add 5.90%	706,191	2.14
	Q3 2016
☰	YHOO - Yahoo Inc	Add 21.09%	15,017,700	7.22
☰	CHTR - Charter Communications	Add 3.28%	380,219	1.15
	Q2 2016
☰	YHOO - Yahoo Inc	Add 394.35%	56,802,588	29.04
☰	CMCSA - Comcast Corp.	Add 45.48%	9,094,647	8.07
☰	CHTR - Charter Communications	Buy	11,592,824	36.08
☰	AY - Atlantica Yield Plc	Buy	4,422,584	1.12
	Q1 2016
☰	BIDU - Baidu Inc.	Add 2.78%	32,261	0.12
☰	YHOO - Yahoo Inc	Buy	14,403,985	9.97
	Q3 2015
☰	AXP - American Express	Add 199.37%	2,683,723	3.92
☰	CMCSA - Comcast Corp.	Add 55.29%	7,433,999	8.33
☰	BIDU - Baidu Inc.	Buy	1,466,226	3.97