Howl / Investor portfolios / Chris Hohn

Chris Hohn portfolio

TCI Fund Management

Founder of TCI, a concentrated activist fund that pushes for change at a small number of large holdings.

TCI Fund Management's 13F for the quarter ending Jun 30, 2026 (filed Aug 14, 2026) reports 11 positions worth $52.8B. The largest are GE Aerospace (33.6%), Visa Inc. (19.8%), Moody's Corporation (12.3%). The top five make up 84% of the reported portfolio.

Since their last filing

Their stocks
−5.3%
since Jun 30, 2026
S&P 500
+3.6%
same period
Priced
11
positions, as of Oct 8, 2026

How the stocks in this filing have moved since its quarter ended, weighted by position size. This is not the fund's own return: a 13F leaves out cash, short positions and anything bought or sold since.

Biggest movers

  • GEGE Aerospace−18.2%
  • VVisa Inc.+9.3%
  • FERFERROVIAL NV−26.7%
  • SPGIS&P Global Inc.+4.5%

What changed in Q2 2026

Compared with the previous 13F. Sorted by how much the share count changed, not by position size.

New 2

MLM Martin Marietta Materials, Inc.New position0% to 1.4%
VMC Vulcan Materials CompanyNew position0% to 1.4%

Added 4

GOOG Alphabet Inc.+12.3% shares5.6% to 6.7%
FER Ferrovial NV+1.0% shares2.9% to 2.7% on price
SPGI S&P Global Inc.+0.3% shares13.2% to 10.9% on price
V Visa Inc.+0.1% shares20.4% to 19.8% on price

Trimmed 3

CNI Canadian Natl Ry Co−4.2% shares2.2% to 2.1%
CP Canadian Pacific Kansas City−2.6% shares8.1% to 7.4%
GE GE Aerospace−0.2% shares29.9% to 33.6% on price

Sold out 1

MSFT Microsoft CorporationSold outwas 2.2% of portfolio

Holdings

#StockWeightValueShares vs last quarter
1GE GE Aerospace33.6%$17.7B−0.2%
2V Visa Inc.19.8%$10.5B+0.1%
3MCO Moody's Corporation12.3%$6.5BNo change
4SPGI S&P Global Inc.10.9%$5.7B+0.3%
5CP Canadian Pacific Kansas City7.4%$3.9B−2.6%
6GOOG Alphabet Inc.6.7%$3.5B+12.3%
7FER Ferrovial NV2.7%$1.4B+1.0%
8CNI Canadian Natl Ry Co2.1%$1.1B−4.2%
9GOOGL Alphabet Inc.1.7%$878.1MNo change
10MLM Martin Marietta Materials, Inc.1.4%$758.4MNew
11VMC Vulcan Materials Company1.4%$721.9MNew

Get an alert when Chris files a new 13F

Howl tracks congress trades, insider buys and fund portfolios for the stocks you follow. Free on iPhone.

Download on the App Store

Questions

What does Chris Hohn own?

As of the 13F for Jun 30, 2026, TCI Fund Management's largest holdings were GE Aerospace (33.6%), Visa Inc. (19.8%), Moody's Corporation (12.3%), S&P Global Inc. (10.9%), Canadian Pacific Kansas City (7.4%).

What did Chris Hohn buy last quarter?

New positions: Martin Marietta Materials, Inc., Vulcan Materials Company. Biggest additions by share count: Alphabet Inc., Ferrovial NV, S&P Global Inc., Visa Inc..

What did Chris Hohn sell last quarter?

Sold out of: Microsoft Corporation. Biggest reductions by share count: Canadian Natl Ry Co, Canadian Pacific Kansas City, GE Aerospace.

When is Chris Hohn's next 13F filing?

Funds file a 13F within 45 days after each quarter ends. The next one, covering the quarter ending Sep 30, 2026, is due by Nov 14, 2026.

What doesn't a 13F show?

A 13F lists US-listed stocks and options a fund held on the last day of the quarter. It leaves out cash, short positions, bonds, most non-US stocks, and any trading since the quarter ended.

Other investors

All investor portfolios