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Investors/ TCI Fund Management Ltd/ Q4 2025

TCI Fund Management Ltd

Chris Hohn · As of Q4 2025 · filed Feb 17, 2026

GE GENERAL ELECTRIC
27.3%
Held 47,510,431 $14.63B
V VISA INC-CLASS A SHARES
18.1%
Reduced −1.2% 27,724,233 $9.72B
MSFT MICROSOFT CORP
15.1%
Added +1.1% 16,781,953 $8.12B
MCO MOODY'S CORP
12.7%
Held 13,308,479 $6.80B
SPGI S&P GLOBAL INC
11.5%
Added +5.4% 11,790,310 $6.16B
CP CANADIAN PACIFIC KANSAS CITY
6.5%
Reduced −4.4% 47,654,423 $3.51B
GOOG ALPHABET INC-CL C
4.4%
Held 7,596,819 $2.38B
FER FERROVIAL NV
2.5%
Added +6.5% 20,740,214 $1.35B
CNI CANADIAN NATL RAILWAY CO
1.8%
Reduced −47.5% 9,849,934 $974.1M

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.