Fund · Chris Hohn
TCI Fund Management
London activist. A handful of toll-booth businesses, held for years.
Copying every 13F the day after it was filed returned 14.8% a year, against 14.2% for SPY over the same 11.2 years and 45 quarters, since Aug 2015. Clone score 55 of 100: Coin flip.
| Manager | Chris Hohn |
| Clone score | 55 / 100 |
| Verdict | Coin flip |
| Copy, a year | 14.8% |
| SPY, a year | 14.2% |
| Edge, a year | +0.6% |
| Latest quarter | Q2 2026 |
| Filed | 14 Aug 2026 |
| 13F value | $52.8B |
| Positions | 11 |
Largest holdings
| Ticker | Name | Weight | Value | Change |
|---|---|---|---|---|
| GE | GE AEROSPACE | 33.6% | $17.7B | HOLD |
| V | VISA INC | 19.8% | $10.5B | HOLD |
| MCO | MOODYS CORP | 12.3% | $6.5B | HOLD |
| SPGI | S&P GLOBAL INC | 10.9% | $5.7B | HOLD |
| CP | CANADIAN PACIFIC KANSAS CITY | 7.4% | $3.9B | TRIM |
| GOOG | ALPHABET INC | 6.7% | $3.5B | ADD |
| FER | FERROVIAL NV | 2.7% | $1.4B | HOLD |
| CNI | CANADIAN NATL RY CO | 2.1% | $1.1B | TRIM |
| GOOGL | ALPHABET INC | 1.7% | $878M | HOLD |
| MLM | MARTIN MARIETTA MATLS INC | 1.4% | $758M | NEW |
| VMC | VULCAN MATLS CO | 1.4% | $722M | NEW |