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Overview/ TCI Fund Management Ltd/ Q3 2025

TCI Fund Management Ltd

Chris Hohn · As of Q3 2025 · filed Nov 14, 2025

Q3 2025

Holdings

9 positions · Δ vs prior quarter
GE GENERAL ELECTRIC
$14.29B
27.1%
47,510,431 Held
V VISA INC-CLASS A SHARES
$9.58B
18.2%
28,057,351 +8,989,793 +47.1% Added
MSFT MICROSOFT CORP
$8.59B
16.3%
16,592,204 −973,027 −5.5% Reduced
MCO MOODY'S CORP
$6.34B
12.0%
13,308,479 +61,500 +0.5% Added
SPGI S&P GLOBAL INC
$5.45B
10.3%
11,189,870 +98,247 +0.9% Added
CP CANADIAN PACIFIC KANSAS CITY
$3.71B
7.0%
49,865,735 −2,961,150 −5.6% Reduced
GOOG ALPHABET INC-CL C
$1.85B
3.5%
7,596,819 −5,369,416 −41.4% Reduced
CNI CANADIAN NATL RAILWAY CO
$1.77B
3.4%
18,767,774 −4,221,292 −18.4% Reduced
FER FERROVIAL NV
$1.11B
2.1%
19,470,666 Held

Sold positions

1 closed in Q3 2025 · shares & value as of prior filing
Holding Shares sold Prior value
GOOGL ALPHABET INC-CL A
3,155,110 $556.0M

Holdings reflect long positions disclosed in 13F filings only and exclude short positions, cash, and other non-13F assets. Holdings data sourced from SEC EDGAR. Not investment advice. Full disclaimer.