Chris Hohn (TCI Fund Management) portfolio: Q2 2026 13F
Every US-listed position TCI Fund Management reported in its 13F for Q2 2026, the quarter ended Jun 30, 2026, filed with the SEC on Aug 14, 2026. 11 positions at the quarter end, after opening 2 and exiting 1 during it.
Holdings at Q2 2026
| Ticker | Company | Allocation | Value | Shares | Change |
|---|---|---|---|---|---|
| GE | General Electric Co | 33.59% | $17.73B | 47,428,233 | Trimmed |
| V | Visa Inc. | 19.83% | $10.46B | 30,494,133 | Added |
| MCO | Moody's Corp | 12.30% | $6.49B | 14,334,027 | Unchanged |
| SPGI | S&P Global Inc. | 10.87% | $5.74B | 14,081,957 | Added |
| CP | Canadian Pacific Kansas City Ltd | 7.44% | $3.93B | 45,325,726 | Trimmed |
| GOOG | Alphabet Inc. | 6.65% | $3.51B | 9,938,819 | Added |
| FER | Ferrovial N.V. | 2.72% | $1.43B | 20,940,441 | Added |
| CNI | Canadian National Railway Co | 2.13% | $1.12B | 9,433,422 | Trimmed |
| GOOGL | Alphabet Inc. | 1.66% | $878.06M | 2,457,000 | Unchanged |
| MLM | Martin Marietta Materials Inc | 1.44% | $758.42M | 1,315,109 | New |
| VMC | Vulcan Materials Co | 1.37% | $721.89M | 2,447,004 | New |
What changed in Q2 2026
| Action | Ticker | Company | Share change | Value |
|---|---|---|---|---|
| Trimmed | GE | General Electric Co | -82,198 | $17.73B |
| Added | V | Visa Inc. | +26,000 | $10.46B |
| Added | SPGI | S&P Global Inc. | +46,647 | $5.74B |
| Trimmed | CP | Canadian Pacific Kansas City Ltd | -1,196,197 | $3.93B |
| Added | GOOG | Alphabet Inc. | +1,084,800 | $3.51B |
| Added | FER | Ferrovial N.V. | +200,227 | $1.43B |
| Trimmed | CNI | Canadian National Railway Co | -416,512 | $1.12B |
| New | MLM | Martin Marietta Materials Inc | +1,315,109 | $758.42M |
| New | VMC | Vulcan Materials Co | +2,447,004 | $721.89M |
| Sold | MSFT | Microsoft Corp | -2,728,412 | - |
About these holdings
The 13F on record for Chris Hohn (TCI Fund Management Ltd), filed on Aug 14, 2026, reports 11 positions as of Jun 30, 2026. The largest is General Electric Co (GE) at 33.6% of the reported portfolio, followed by Visa Inc. (V, 19.8%) and Moody's Corp (MCO, 12.3%). The ten largest make up 98.6% of it. Against the previous quarter, it opened 2 new positions, added to 4, trimmed 3 and sold out of 1. The largest new position is Martin Marietta Materials Inc (MLM), at 1.4% of the portfolio. The largest position it added to is Visa Inc. (V), now 19.8%. The position it sold out of is Microsoft Corp (MSFT).
General Electric Co (GE), the largest position, is also held by 9 other investors tracked here. Of those, Nelson Peltz, AKO Capital, Polen Capital Mgmt and Christopher Bloomstran hold the most of it as a share of their own portfolios. It is also the largest position of Nelson Peltz.
Other investors
David AbramsCarl IcahnDennis HongAlex RoepersPat DorseyTriple Frond PartnersJosh TarasoffBruce Berkowitz